5/12/2010 8:54 AM (PST)
Tian,
Here's is the link to their BBB report in Florida
http://centralflorida.app.bbb.org/newsearch2.asp?ComID=073300202789
You may file your complaint using this link.
Over the years, there have been a lot of companies that came to life with the promise of helping people sell their timeshares. Most of these companies are located in areas where there are a lot of timeshares, like Florida and California.
Typically, they make a lot of promises about their abilities and claim that there is an army of people dying to purchase timeshares, and all of this will be available to you if you pay them the requested fee.
Reality is completely different. The truth is that timeshares are next to impossible to sell. There's almost no secondary market for timeshares, especially given the current economy and all of the problems in the housing market. Furthermore, if there really was a strong secondary market, these companies wouldn't have to charge a fee, they could make more money charging commissions on sales. The bottom line is that you should not pay any upfront fees to sell your timeshare to somebody else. Check out the Florida AG's website also:
http://myfloridalegal.com/pages.nsf/main/9161973ee14fdb1a85256cc900600947!OpenDocument
Thank you.
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5/18/2010 11:22 AM (PST)
Unfortunately the timeshare resorts have very strong legal contracts that prevent anyone from getting refunds. If you are truly dissatisfied with your timeshare then you can have a company take it off of your hands. Avoid the resale market though, timeshare resales are a very scary thing these days and you may as well take your money and set it on fire to save time and energy if you plan on going that route.
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5/18/2010 11:51 AM (PST)
Thank you very much for the response. It is true. I guess you know a lot about the timeshare.
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