offers

[windsurferdad]

I have gotten 2 offers from companies claiming to have buyers. One is FIS who wants $1200 to close-up front.
The other is from Silversoft management who is offering a lot by a corporate buyer and wants no up front, but 8% at closing. Does anyone know of these companies?
Ralph
rwager3@gmail.com

 

[DeniseM]

When someone contacts you with a "corporate buyer" this is a huge red flag - they will string you along, and get you hooked, and then they will ask for a fee - before you get your money.

I don't know of any reputable companies that make cold calls.

 

[RX8]

These are likely scams. I find nothing on the web for FIS and while I found a Silversoft Management LLC in Texas it is a web design company with an inactive LLC. This info alone screams to stay away.

Suggest you post their phone numbers so others can be made aware.

 

[Rob&Carol Q]

No "likely" to it....this is a scam.

help yourself to some free advice...and remember how much you are paying for this advice...but...go to Ebay and simple timeshare search or whatever TS you own. See those prices? Now limit the search to sold properties only.

Truthful answer, most TS packages can be had for less than $1000. Many for under $100. It is THAT much of a buyers market right now.

Still think this company has a ready buyer for your TS?
=====
Edit
I just did a quickie TS search on my Kingsgate TS...easy sub $500 price after everything is said and done.

 

[T_R_Oglodyte]

The "corporate buyer" pitch is a common line used by scammers. I guess it resonates with many people so they think it's credible.

The reality is that corporations are not out buying timeshares. There is almost no reason for them to do so. There are not tax breaks available to them for buying a timeshare. They are totally impractical to use to house employees while traveling, because of the limitations on check-in/check-out and the general scarcity of locations. They also don't work for conventions and conferences.

And if you did get past those issues, you face the issue that even if a company were out there buying timeshares, the company wouldn't buying them for 10- to 100-times the going price.

 

[csxjohn]

I have gotten 2 offers from companies claiming to have buyers. One is FIS who wants $1200 to close-up front.
The other is from Silversoft management who is offering a lot by a corporate buyer and wants no up front, but 8% at closing. Does anyone know of these companies?
Ralph
rwager3@gmail.com

Here's how to prove it to yourself. Tell them 8% is fine at closing and to take it out of the peoceeds from the buyey and to send you a check for the balance. You will not hear from them again.

 

[Rent_Share]

Here's how to prove it to yourself. Tell them 8% is fine at closing and to take it out of the peoceeds from the buyey and to send you a check for the balance. You will not hear from them again.

Better yet offer 2 X what they are asking (2,400 or 16 %) to both with the understanding that all comes from the proceeds. You will not hear from them again

 

[T_R_Oglodyte]

Here's how to prove it to yourself. Tell them 8% is fine at closing and to take it out of the peoceeds from the buyey and to send you a check for the balance. You will not hear from them again.

Better yet offer 2 X what they are asking (2,400 or 16 %) to both with the understanding that all comes from the proceeds. You will not hear from them again

Even better yet - tell the sales person that you will sell it to him for half of what he's offering. He can then immediately flip it to the buyer at the full sales and make much more than he would get on his commission. If the buyer really exists it's guaranteed easy money for him. The only reason why should turn that down is because there isn't really a buyer.