Thank you TUG BBS
Thank you for this information. I was contacted this morning (3/21/09) by the same company (by phone). I asked they send me an email with the details. Below is that email for future reference to other people that are being approached by M.G.M UNIVERSAL TIMESHARE. I also believe this to be a scam.
---------------------------- Original Message ----------------------------
Subject: *M.G.M UNIVERSAL TIMESHARE - INFORMATIONAL PACKAGE!*
From: "customer service" <customerservice@mgmuniversaltimeshare.com>
Date: Sat, March 21, 2009 9:46 am
To: RemovedMyEmail
--------------------------------------------------------------------------
cid:image002.png@01C96F67.67C8FE70untitled
RemovedMyName:
Thank you for requesting information about M.G.M. Universal Timeshare
service for timeshare properties.
Our website is <http://www.mgmuniversaltimeshare.com/>
http://www.mgmuniversaltimeshare.com/
And please see our Better Business Bureau License # 13102950 report at
<http://www.la.bbb.org/BusinessReport.aspx?CompanyID=13102950>
http://www.la.bbb.org/BusinessReport.aspx?CompanyID=13102950
According to our sale/rental averages at Starwood Resorts; Timeshares with
similar accommodations to your Standard (2) Bedroom (2) Bathroom unit, the
Suggested listing price for the sale is $24,000 to $29,000 (Neg.) and for
the rental will be $2,800(V.I.P RENTAL). We currently have one interested
family. Our showcase representative will call you with every offer for your
consideration.
The fee for our marketing program is a lifetime fee of $1,598 for the
sale/rental of all your properties. Due to the high demand of your property
you will receive a discount which lowers the price to $1,098!!! No
commission will be taken from the proceeds of your sale... Average DOM* for
units of this type is 45 to 65 days, but we ask for 90 days to complete the
sale and deed transfer for your property.
NO Commissions!
Because we are a for-sale-by-owner company, we do not charge commissions
whatsoever when the property is sold. The seller is guaranteed to receive
the full amount of the sale! For the buyer, no commission means money saved!
Of course the buyer does not want to overpay for a vacation and the seller
does not want to be undersold. Differences in the price range from one
resort to the next are determined by many variables, such as location,
amenities, exchange season, and unit size. The buyer knows what the resort
is selling. The seller(s) knows what they paid. We follow the golden rule of
the resale market: Beat the resort's price!
NO Closing Costs!
In timeshare re-sales the closing costs are paid by the buyer. So when
selling your timeshare on the resale market, there's no need to be concerned
about any closing expenses.
NO Hidden Costs!
With commissions, appraisals, and closing costs ruled out, the only
out-of-pocket expense for the seller is the one time advertising and
marketing fee. We guarantee it! Our goal is to have a property sold within
90 days. If that does not occur for whatever reason, your contract
automatically renews and we continue to actively market your property
entirely at OUR expense. There are NO additional fees collected from the
seller. We will market your property for as long as it takes to find just
the right buyer.
Our Money Back Guarantee!
Here at M.G.M. Universal Timeshare it is our pledge that if you or any other
company sells your timeshare before we do, M.G.M. Universal Timeshare will
refund 200% of your advertising fee
If you have any questions or need further assistance, please contact me and
I'll be more than happy to help.
Thank You,
Raymond Guzman
(800) 923-1958 Ext: 1654
Sales Department, M.G.M. Universal Timeshare
<http://www.la.bbb.org/BusinessReport.aspx?CompanyID=13102950>
http://www.mgmuniversaltimeshare.com/images/aff_bbb.gif
<http://www.arda.org/AM/Template.cfm?Section=Timeshare_Datashare>
http://www.mgmuniversaltimeshare.com/images/aff_arda.gif
<http://www.intervalworld.com/web/cs?a=5>
http://www.mgmuniversaltimeshare.com/images/aff_interval.gif
<http://www.rci.com/RCI/>
http://www.mgmuniversaltimeshare.com/images/aff_rci.gif