I am a former Timeshare Resaler. Please listen.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I went to a presentation in Mexico a few years ago. They advised me that my timeshares (which I had bought for about $500 combined) were worth nearly $30,000 Actual Cash Value which they immediately deducted off the sales price. It was very official looking and they even gave me an official statement advising me what trading power I had (even though I knew exactly how many TPU's I had recieved). It was pretty funny not sure how that system based on greed and lack of information can continue to work.

As my dad would say, way back, "All that & and quarter will get you a cup of coffee."

[Former Timeshare Resaler Junior Member Find all posts View Profile Close Former Timeshare Resaler]

Shouldn't the username be "Former Timeshare Scammer" since there don't appear to be any resales which occurred.. If you really want to make amends, I'll be happy to connect you with an investigator in Florida who will be happy to take your statement. Perhaps your "testimony" can result in a few more jail terms..

Already been there and done that, thank you very much. I was very open and honest about my experience there. The deputy pretty much told me that it's never really worth it to go after the people like me, but if someone like me can help him catch the owners of these places, that's worth a lot.

So, I obliged him. I'll wait and see how it turns out.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Betchur watchin yur bak.

No good deed goes unpunished.

[Former Timeshare Resaler Junior Member Find all posts View Profile Close Former Timeshare Resaler]

Betchur watchin yur bak.

No good deed goes unpunished.

Not really. He had his chance right there with me in his face to do something to me. When I discovered that we weren't at the convention center like we said we were, I brought that up to the owners. They gave me a bunch of garbage that said what they were doing is completely legal. I bought it, to some extent, which is why I hung on for a bit. Still, though, just on the personal level, I just couldn't do it anymore. I've been in sales most of my adult life. I don't mind sometimes getting a bit more for my product than it's worth, but I was always able to at least say that my customer got what I promised them, even if they overpaid for it a bit. But, here, I pretty much knew that no matter what the owner said, we still weren't doing what we said we were doing, and that was my big problem.

When I explained all this to the deputy, he told me that I wasn't really the problem, and that if he thought I was, he'd be arresting me. Some of these people that work in these places know exactly what they are doing and work in these rooms for the sole purpose of screwing people over. I wasn't.

I think what is protecting ITN from any persecution, though, is that they do two things to cover their butts. One, they have a verification process that explains some things, and two, they have a written contract that if you actually bothered to READ IT, would tell you that all they are doing is listing your property. What they count on is you being stupid enough not to read it. I read the Florida Attorney General's statement on this, and she says that you have to provide written verification of what you do. Their contract spells it out. They are really slick on getting you to not read it, however.

Here is a copy and paste of their contract, or at least the meat of it, anyway:

Advertising Fee: _____________Credit/Debit Card Number Ending In: ___________
Authorization: __________________________________________________
• I understand that International Timeshare Network is a for sale/or rent by owner advertising company.
• I understand that International Timeshare Network will provide my timeshare information to large
corporations, travel agents, and the vacationing public.
• I understand that International Timeshare Network will forward all inquiries to me so I may negotiate the
sale or rental of my timeshare directly with any prospective buyers/or renters.
• I understand that upon receipt of this agreement by International Timeshare Network, a confirmation notice
will be sent to me. Once I receive my confirmation notice, I have (7) business days to notify International
Timeshare Network’s customer service section in writing of my intent to cancel and receive a full refund.
• I understand that I am paying International Timeshare Network a one time, nonrecurring advertising fee, to
advertise my timeshare for period of (90) days. If I have not received an acceptable offer within (90) days,
International Timeshare Network will renew my advertising at the company’s expense if notified every
(90) days.
• I understand that during this time, if my timeshare is sold by me or another company within 25% or higher
of the advertised price, I am to provide International Timeshare Network proof of the sale and International
Timeshare Network will refund my full advertising fee.
• I understand that International Timeshare Network will advertise my timeshare for sale anytime in the
future at no additional cost to me. I understand I may advertise my timeshare for sale at no additional cost
in the future.
• Florida Disclosure: I understand that Pursuant to F.S. 721.20(9)(a), the ratio of the number of timeshare
interests listings for sale versus the number of timeshare interests sold by International Timeshare Network
is zero for each of the previous two calendar years. Because International Timeshare Network is a For Sale
By Owner timeshare advertising company, it does not obtain, track, or keep records of sales resulting from
its timeshare property advertisements.
You are not obligated to pay any money unless you sign this contract and return it to the
commercial telephone seller.
Owner Signature_________________________________ Date______________
Owner Signature_________________________________ Date______________
Salesperson’s Name______________________________ Lic # TP
I understand that by typing my name in the owner’s signature line above, it shall constitute a valid and binding signature and
acceptance of this Agreement. I further understand that I am not under any obligation to sign this Agreement electronically and may request a
paper version of this Agreement for me to execute and return. However, your property will not begin to be advertised for sale until and unless
this Agreement is returned signed to International Timeshare Network.


This covers them. This makes what they do teeter on the edge of legality. That's why they are still out there doing what they do. They don't list a property unless YOU SIGN THIS, and if you do, you can pretty much see that despite what they have TOLD YOU, it's not in here.

This is why I'm here. I don't know if the police will ever touch them, and I hope they do, but what I can do is make sure that nobody ever gives them a dime that reads my posts.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Agreed.. The "victims" of these scams often don't seem to bring any common sense or reasonable level of care into these "transactions".. Especially the consumers who have been burned multiple times. While I still struggle internally with my feelings on this particular issue and I fight daily not to blame the "victims", it is a fight that I lose just as often as I win..

I appreciate what you appear to be trying to do.. Most of the timeshare lemmings will take the plunge anyway- but perhaps a few will wise up and manage to avoid the pitfall.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Resales have always been a tough business. There almost always is less buyers than sellers and some timeshares never sell or take a long time to do so. I'm sure that anyone in the business that is honest and forthright will find it tough to move what weeks they have for sale. I also believe there is a tendency to get what they can that leads them down the path to dishonesty if that wasn't the primary interest wasn't to make money dishonestly in the first place. Greed is the thing that makes the con artists keep coming and greed is what makes the victims go for their sales pitch. The honest guy will tell the owner what the timeshare is worth and the con artist will give them an unrealistic figure, so the victim tends to go with the crooked guy. It hasn't changed since I got into timesharing and I've seen some of the honest guys go to the dark side to make more money. I don't think it will ever end as long as there are people that don't do their research. The knowledge is out there, but some just don't bother to look for it.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

"Deputy" what?

AG?

Sheriff?

Dog?

[Former Timeshare Resaler Junior Member Find all posts View Profile Close Former Timeshare Resaler]

"Deputy" what?

AG?

Sheriff?

Dog?

He was an investigator, but I think he worked for the Sheriff's department. Aren't they all deputies?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

He was an investigator, but I think he worked for the Sheriff's department. Aren't they all deputies?

If I were reporting to a deputy, my preference, in declining order, would be:

AG
Dog
Sheriff

[Former Timeshare Resaler Junior Member Find all posts View Profile Close Former Timeshare Resaler]

If I were reporting to a deputy, my preference, in declining order, would be:

AG
Dog
Sheriff

Who is AG? Andy Griffith?

[ace2000 Senior Member Find all posts View Profile Close ace2000]

Who is AG? Andy Griffith?

Yep, now you all have me confused. Think JLB meant this deputy.

[Former Timeshare Resaler Junior Member Find all posts View Profile Close Former Timeshare Resaler]

Yep, now you all have me confused. Think JLB meant this deputy.

Well, to my recollection, Andy was the Sheriff, and the pictured man above, Barney Fife, was the deputy.

[antjmar Junior Member Find all posts View Profile Close antjmar]

Yep, now you all have me confused. Think JLB meant this deputy.

Thank you very much for all the info former timeshare resaler!

This last post has me ROFL!
Who is DOG?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Thank you very much for all the info former timeshare resaler!

This last post has me ROFL!
Who is DOG?

Deputy Dog

When it comes to the powers-that-be doing anything about industry sleaze, it might as well be Barney Fife doing the investigation. He may get so pissed AG will have to give him his bullet.

[Former Timeshare Resaler Junior Member Find all posts View Profile Close Former Timeshare Resaler]

Thank you very much for all the info former timeshare resaler!

This last post has me ROFL!
Who is DOG?

Thank you. Most of the seasoned folks in here already know the deal...but some of the less seasoned folks who are in the process of getting bent over by these companies could seriously benefit by hearing it from the horse's mouth, as it were.