Let me start by saying I have been previously ripped off by Timeshare Quick Sale or whoever they wound up being. I understand the tactics and why it's bad to pay up front fees.
That being said, people like me always wind up getting approached with a "new" sales tactic. This time it's a company called Interval Property Management, Inc. based out of Florida. Their website is www.intervalproperty.com. What makes this decision difficult is that there is only one website on the web that I've found that has ANY information on whether or not these guys are legit. Coupled with a very convincing sales pitch and staff, it's hard to decide if the risk is worth it. They claim affiliation with the BBB as well as the Orlando Chamber of Commerce, and more. The pitch goes something like this:
They call asking if you would accept X amount of dollars (approximately double what the property was purchased for). Naturally, you say yes. Then you get the narrative about how the property should sell within the next 3-6 months
Here is what makes them "different". They claim that they purchase large amounts of properties at resort locations and then pitch them to large companies, such as Coca Cola (the example they gave me)who then buy them at a good price. They do this because they are finding that it's cheaper to buy timeshare and use those time slots for meetings, corporate retreats, etc instead of paying hotel rates. They further claim to promote your property at live events, expos, and other public venues.
The catch? They want $650 up front. All the usual guarantees are attached including automatic re-listing of your add if it doesn't sell in 6 months, possibility for money back, the usual.
What makes the decision difficult is how calculated they are. They know details about your timeshare location and the company you signed up with. They can tell if you have weeks banked up with RCI, etc. It seems so directed that it leaves you believing it HAS to be legit.
So then the question... Is it LEGIT?
That's my question to the TUG. Anyone have any experience with this company? Anyone close by the area who could go check in on them?
That being said, people like me always wind up getting approached with a "new" sales tactic. This time it's a company called Interval Property Management, Inc. based out of Florida. Their website is www.intervalproperty.com. What makes this decision difficult is that there is only one website on the web that I've found that has ANY information on whether or not these guys are legit. Coupled with a very convincing sales pitch and staff, it's hard to decide if the risk is worth it. They claim affiliation with the BBB as well as the Orlando Chamber of Commerce, and more. The pitch goes something like this:
They call asking if you would accept X amount of dollars (approximately double what the property was purchased for). Naturally, you say yes. Then you get the narrative about how the property should sell within the next 3-6 months
Here is what makes them "different". They claim that they purchase large amounts of properties at resort locations and then pitch them to large companies, such as Coca Cola (the example they gave me)who then buy them at a good price. They do this because they are finding that it's cheaper to buy timeshare and use those time slots for meetings, corporate retreats, etc instead of paying hotel rates. They further claim to promote your property at live events, expos, and other public venues.
The catch? They want $650 up front. All the usual guarantees are attached including automatic re-listing of your add if it doesn't sell in 6 months, possibility for money back, the usual.
What makes the decision difficult is how calculated they are. They know details about your timeshare location and the company you signed up with. They can tell if you have weeks banked up with RCI, etc. It seems so directed that it leaves you believing it HAS to be legit.
So then the question... Is it LEGIT?
That's my question to the TUG. Anyone have any experience with this company? Anyone close by the area who could go check in on them?
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