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Original Message:
Re: Global Resort Services & Rental Feedback Wanted (by Beck):
danyellem2 wrote:I have worked in timeshare for Marriott for years. I always tell my owners to never trust any company that is asking for money upfront!! All I hear from my tours experience is they never get sold and it is a waste of money! Good luck! You will have much more success selling the property on your own on EBAY
Great, a timeshare salesman recommending you sell your $40k timeshare on eBay which will sell for maybe $3k. I don't know what's worse, hearing a timeshare salesman talk about resale scams (there's the pot calling the kettle black) or hearing a timeshare salesman recommend selling your timeshare on eBay.
He's sadly correct though. While I have sold a good number of timeshares in the last 6 years thru wensites other than eBay, eBay is pretty much the only site offering true information to the buyer and seller what the "market price" of resale timeshares are and it's pretty much the only market where nearly all the timeshares sell - even if at auction prices.
Funny how the Marriott salesman doesn't mention many Marriott locations will sell resale Marriott units after they sell out their resort. I think they take a 40% commission and you have to wait 1-6 months for your unit to sell, but the process does enable owners to sell their units and net a higher amount of money than thru other selling channels.
There are a very small handful of resorts which iffer resale services to their owners. I find it sad there are not more of these services available to owners. I also wish someone would implement national regulation of timeshares with firm penalties for companies scamming owners. I don't care if the owners should have known better, timeshare owners are a very captive audience without real options for selling their units, scammed into buying units which immediately are worth 5-40% of the purchase price for what is effectively Real Property!
If developers were required to offer resale services to their owners they could offer resale units along with their direct sale units and take the 40% commission. Owners would receive a lot more for their units than when selling on their own, and less people woupld be takin in by scams.