Sign In or  | Register

Become a TrustLinker!

Trustlinkers are saying:

"Our 5 star reviews are a very important part of our company’s success"

- Sandhya Keller, Customer Service Manager ,
Fidelity Home Energy

Filter discussions based on popular tags
Popular Tags
Browse all discussion posts based on their category
Discussion Categories
Become a Fan of our Facebook page to stay updated with the latest scams, reviews and features of our website.
Find a Business (name or category) Location - optional (City, State or Zip) Miles  
 

Can't find the Answer you were looking for? 
  
Question
47 page views
Transfer Smart - scam or the real deal
2241 West 190th Street Suite 100
Torrance, CA 90504
Page Bottom ↓
  • Reviews
    0 Reviews
  • Answers
    0 Answers

5/11/2010 2:46 PM (PST)

Has anyone used Transfer Smart? They help folks get out from under Timeshares. thx

How do they operate. Is the title of the timeshare just transferred to these folks? How much money do you get to transfer the timeshare to these folks?

» Send Kudo  |  » Private Message  |  » Mark as Spam
 
Replies: 2
  • Reviews
    5 Reviews
  • Answers
    738 Answers

5/11/2010 3:07 PM (PST)

Hello,

The company is Accredited with the BBB in LA and currently has a B+ rating and no complaints filed. You can access the full report by clicking "View BBB Report" above. We also show they have 2 positive reviews posted here on TrustLink, which you can view by clicking "View Reviews" above.

When shopping around for a company to sell your timeshare, there are legitimate title transfer companies that will actually purchase a timeshare, and the benefit to the timeshare owner is that when closed, it gets them out from under the continuing obligations for common area fees. But the whole industry is hot with scams and fraud.

Be aware of a sequence of slick sales tricks - here are some scenarios:

1) The timeshare company offers to list your timeshare and you pay them a marketing fee, but after a few months when it doesn't sell they try to upsell you into an upgraded marketing package of some sort for more exposure (and more money) with so called guaranteed results.

2) After a few months of it still not selling they then offer to do you a favor and take it off of your hands for free so that you don't have to pay the monthly maintenence fees. The monthly expenses are a cost burden to many people who become desperate to get out from under these. These companies know that and use it against you.

3) They try to convince you to turn over the timeshare and "take it off of your hands" for free - now they really start marketing your timeshare, which they now own, and they sell it at a profit. The point is that the only timeshares they are actually selling are the ones that they themselves own through their process of psychologically wearing down so many timeshare owners and convincing them to give up their timeshare properties.

» Send Kudo  |  » Private Message   Is this helpful? (67)   (30)
  • Reviews
    0 Reviews
  • Answers
    48 Answers

5/18/2010 10:35 AM (PST)

Just to clarify, Transfer Smart is in no way a Timeshare Resale or Listing Company. Transfer Smart assists timeshare owners with an exit solution so they do not have to continue paying for the timeshare. Transfer Smart removes the timeshare from the current owners name in a very simple and straightforward process. Timeshares as a whole don't have much value, and in many cases can't even sell on ebay for $1. There are a few exceptions, but they are pretty rare these days, hence why the resale companies can't sell anything and have so many complaints.

» Send Kudo  |  » Private Message   Is this helpful? (100)   (35)
Page Top ↑
What's your opinion?
Enter Your Reply
  You must register or sign in to your user account before posting on Ask The Community.