RX8
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There is another thread where an OP is asking a question about selling their timeshare, a timeshare that is likely worth little or nothing. The OP mentions Bay Tree Solutions.
Bay Tree Solutions is no different than the other listing companies - collect a large upfront fee and place an ad on their website at a ridiculously high price.
There are many people who have unrealistic ideas as to the value of the timeshare and think they have many thousands of dollars in value, after all they paid many thousands for it. Bay Tree Solutions feeds these unrealistic expectations of the timeshare's value in order to justify their large upfront fee. From Bay Trees Solutions website:
"Don't be confused by negative and misleading information you may read online: your timeshare has a value."
Their website states further:
"Bay Tree Solutions only works with select resort properties of our choosing, based on marketability. By avoiding depressed properties and desperate sellers, our clients are able to sell their timeshares at prices 30-50% higher than our closest competitors."
This company benefits from customer's unrealistic expectation of a selling price because they offer a money back guarantee if the timeshare is sold by the owner outside of Bay Tree Solutions IF it sells within 35% of the asking price. I don't think any owner will be able to find a buyer to pay 65% of a selling price that is marked up 1000x or more. Thus, the guarantee is worthless and the upfront fee is not refunded.
As far as their claim that they only work with resorts that have marketability, the fact that they have 194 Westgate Resorts for sale, every single one of them with an asking price that is multiple thousands of dollars, tells you that truly the upfront fee is their priority over the actual selling of the timeshare. Most Westgates have little to below zero value. Bay Tree Solutions, like every other upfront listing company, is simply taking advantage of owners to get their fee.
And finally, Bay Tree Solutions is a proud member of ARDA. Well, isn't that special...
Bay Tree Solutions is no different than the other listing companies - collect a large upfront fee and place an ad on their website at a ridiculously high price.
There are many people who have unrealistic ideas as to the value of the timeshare and think they have many thousands of dollars in value, after all they paid many thousands for it. Bay Tree Solutions feeds these unrealistic expectations of the timeshare's value in order to justify their large upfront fee. From Bay Trees Solutions website:
"Don't be confused by negative and misleading information you may read online: your timeshare has a value."
Their website states further:
"Bay Tree Solutions only works with select resort properties of our choosing, based on marketability. By avoiding depressed properties and desperate sellers, our clients are able to sell their timeshares at prices 30-50% higher than our closest competitors."
This company benefits from customer's unrealistic expectation of a selling price because they offer a money back guarantee if the timeshare is sold by the owner outside of Bay Tree Solutions IF it sells within 35% of the asking price. I don't think any owner will be able to find a buyer to pay 65% of a selling price that is marked up 1000x or more. Thus, the guarantee is worthless and the upfront fee is not refunded.
As far as their claim that they only work with resorts that have marketability, the fact that they have 194 Westgate Resorts for sale, every single one of them with an asking price that is multiple thousands of dollars, tells you that truly the upfront fee is their priority over the actual selling of the timeshare. Most Westgates have little to below zero value. Bay Tree Solutions, like every other upfront listing company, is simply taking advantage of owners to get their fee.
And finally, Bay Tree Solutions is a proud member of ARDA. Well, isn't that special...
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