DON'T PAY A RESALE CO AN UPFRONT FEE (hundreds of $) TO SELL YOUR TIMESHARE

Ditto cynthia's post below especially the part where not a single soul has come forth on Tug that an upfront fee resale company has sold their timeshare.

It seems the upfront fee salespeople are coming out of the woodwork on Redweek in defense of their upfront fee scam since we are getting the message to members here not to pay an upfront fee to any redale company to sell your timeshare. Education = power for the consumer.

Some upfront fee scammers call it an upfront marketing fee (in the hundreds of $) instead of an upfront selling fee or commission. Don't fall for it. Don't pay any company an upfront fee to sell your timeshare.

cynthia281 wrote: TUG has 20,000 members and no one has been successful at selling via an upfront fee company. They will do nothing for you, not even Vacation Register with Ed McMahon's face plastered all over it. Buyers make inquiries, but they are not forwarded to the sellers. Sad, isn't it.

How the upfront fee companies snare their customers.

#1. THEY TELL THEIR PROSPECTIVE CLIENTS THAT THEIR TIMESHARE IS WORTH SOME ASTRONOMICAL AMOUNT THAT NOBODY WILL ACTUALLY PAY (for your timeshare) ON THE RESALE MARKET. THIS GETS THE PROSPECTIVE CLIENT EXCITED AND THEY FALL FOR THE SCAM BY PAYING A LARGE UPFRONT FEE THEN THEY NEVER HEAR FROM THE RESALE COMPANY AGAIN. IT'S AN OUT AND OUT SCAM.

(truth is - resale companies have no idea what a timeshare is worth on the resale market. The market (buyer) sets the price for any resale as to how much they are willing to pay. Right now, it's a buyer's market and some timeshares can't even be given away. Just look at Ebay with some timeshares there listed for $1.

The best way to test the market is to list your timeshare on Redweek (or other internet listing sites) with a realistic price. If you get no interest in a couple of weeks then keep dropping the price until you start getting interest (emails).

As you can very well see on Redweek, and other internet listing sites, the prices for the same timeshare can vary thousands of dollars. It's the person that has the best, and most realistic, price that will sell their timeshare. The others will just sit there indefinitely.

People don't peruse internet resale sites looking for developer prices, they're looking for bargains or fair market prices.