Resort Condos Plus / Fraudulent Marketing Practices
My parents were contacted by this company. The sales person said he had an approved buyer for the property, and that the $2050 was the closing costs for the sale. He kept stressing they were a "SALES" company, not a "LISTING" company. They needed this fee up front in order to get the paperwork processed. He said that another person from the company would call within 1 hour to verify everything. The "catch" though -- very subtle and here's where it starts to go down the fraud path somewhat -- The person calling to verify the transaction will ask if you were told "anything about a buyer" and be sure you say "no".
When the verification call came, that was the first subject, but it was phrased quite differently. It was very direct to comply with federal, state, and local laws: "Were you promised there was a buyer for the property or were you provided any information about a buyer for your property?" Then she went on to clearly state that this was an advertising/listing fee; there was no guarantee that the property would be sold; the listing was for 3 months, but that they would continue to list the property...at that point I told them to forget it, so my parents called the deal off and canceled their credit card number to ensure no charges were made. BEWARE!!! If you want to list your timeshare to sell it I'm sure there are many choices out there -- just know to watch out for anyone who tries to guarantee you a sale.
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