How many consumers have heard this in the past months / years, after dealing with a resale company and worse of all, after paying an upfront fee?
It all starts off so easy, this nice lady or man calls up with this incredible but yet very serious looking offer for a (guaranteed) timeshare resale.
They present the company credibility’s by explaining how successful they are in resale, their connections to large companies or resorts and their flashing website.
Even the question on where they obtained the consumers details is answered with a logical explanation, and anyway the consumer is actually keen to sell so this must be his lucky day, why question it?
Sometimes because of the need or urgency to sell, consumers do not hear the alarm bells ringing when the agent asks what the membership is, should they not know if they have a buyer lined up?
But the sales price sounds right, well a bit more than expected, but he ho, we’re not going to complain are we?
And then John, Clare, Terry, David, Louise or whatever name they give, is breaking the last bit of news about the sale.
We need a deposit. We need a security fee…WHY?
Well, it has happened in the past that people agreed to sell but once they received the money in their account the refused to send off the deeds.
So in order to make sure the sale is finalized correctly we need to take a refundable deposit.
Well, that sounds reasonable, no? Why should they trust you?
So the credit card comes out and the money is taken straight away..
After this call, most of the consumers have the funny feeling something didn’t go right there, but of course after paying the money and thinking you are finally going to sell the timeshare…let’s hope for the best.
The contract arrives by email. And a credit card receipt to be signed off.
Few people actually notice the clause in the contract that states:
“The company acts solely as an agent and therefore cannot be held liable in the event that a purchaser fails to complete. Should this be the case, The Company will continue to market the ownership for the duration of the contract terms of one year”
After the 4, 6 or 8 weeks the long expected phone call does not arrive and neither the cheque in the post. For those keen to know what is going on, the numerous phone calls start here, and the few times the calls are actually answered.
Then the news…the sale has fallen through!
Bang, that’s it..
And here you are with a marketing contract for a certain period of time, for which you paid a large sum of money and of which we know already no successful sale has ever come out…
Claiming back your money for the credit card payment is possible. But please note that neither the bank nor your credit card company is jumping up and down to refund you. They will question the contract, as after all you signed for a 1 year marketing agreement, no? Or the money has been taken by a third party company…and the bank denies a refund due to the different name on the receipt…
Please don’t let them fool you with their smooth talk, guaranteed sales and illegal upfront fee! And less when they even have the nerve to say the payment is protected…because the resale company will protest as much as they can to the bank to avoid the refund, believe me!
Is the above your story and you are still waiting for this sale to happen?
Don’t be ashamed to tell us. They should be ashamed by defrauding you in such a bad manner!
Please let us know and we will do all we can to help you!