128 inquiries | Time Shares
(800) 867-5762
http://www.propertyadvantage.u...
Company Rating
BB
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Membership Information
This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
This company has generated a pattern of serious complaints, all of which remain unanswered. Complainats allege they pay the company for advertising and listing services, however, once the money is received,by the company, they are unable to make any contact with the company. Contracts are nou fullfilled, and timeshares remain unsold.
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Company Info
This company's business is real estate and timeshare resale.
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Licensing
We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
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This company advertises a timeshare re-sell service. For a one time fee of $395 payable in advance, the company claims to advertise the clients timeshare property interest, and locate a buyer.We urge caution. Be skeptical untill you've had a chance to check out the reseller. Don't agree to anything over the phone or online without first asking the company for a copy of their contract, their actual business address, and how long they have been in business. Ask if the reseller’s agents are licensed to sell real estate where your timeshare is located. If so, verify it with the Real Estate Commission. Deal only with licensed real estate brokers and agents, and ask for references from satisfied clients.There are resell services that take their fee after the timeshare is sold. If you must pay a fee in advance, ask about refunds. Get refund policies and promises in writing. Don’t assume you’ll recoup your purchase price for your timeshare, especially if you’ve owned it for less than five years and the location is less than well-known.Before you sign a contract with a reseller, get the details of the terms and conditions of the contract. It should include the services the reseller will perform; the fees, commissions, and other costs you must pay and when; whether you can rent or sell the timeshare on your own at the same time the reseller is trying to sell your unit; the length or term of the contract to sell your timeshare; and who is responsible for documenting and closing the sale. If the deal isn’t what you expected or wanted, don’t sign the contract. Negotiate changes or find another reseller.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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