Timeshare Resale and Rental Marketing
Twin Cities Property AdvisorsFind BBB Accredited Businesses in Timeshare Resale and Rental Marketing.
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According to information in our files, this company is not operating out of the address they claim in St. Paul, Minnesota and may be fraudulent in nature. People who are hoping to sell timeshare properties should be aware that requests to pay money upfront are usually the sign of a fraudulent operation. The BBB offers these tips to those seeking to sell their timeshares:
* Be realistic. In regard to timeshares, it's generally a buyer's - not a seller's - market. Unscrupulous timeshare resellers may contact you claiming that your property is in demand and they can sell it immediately; unfortunately, these promises often prove to be false.
* Be Wary of Upfront Fees - Consider opting for a company that offers to sell for a fee only after the timeshare is sold. Many complaints to the BBB regarding timeshare resellers involve situations where people were told they needed to wire "advance appraisal fees," or that they just had to pay closing costs and their timeshare would be sold. Never wire money to people you don't know.
* Use a Business You can Trust - Make sure the timeshare reseller you use is a BBB Accredited Business or at the very least has a good rating with BBB. You can check out a business's BBB Business Review at bbb.org.
* Confirm Licensing Requirements - Some timeshare resellers will use fake addresses or PO boxes in order to mislead timeshare owners. Confirm where the company is located and in what states it does business. Ask if the company's salespeople are licensed to sell real estate where your timeshare is located. If so, verify this with the state licensing board.
* Get the Facts on the Figures - Find out if the business charges a commission. Do they handle the entire closing and provide escrow services? Do they charge an up-front listing or advertising fee? What does it cover and is it refundable?
* Don't Fall for the Hard Sell or an Offer that Sounds Too Good to Be True - Don't agree to anything over the phone but instead ask the salesperson to send you written materials; take the time to think it over and don't be pressured.
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