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Matt Porter, CFT SALES, (386) 530-3939, mattporter@cftsales.com

Yankee

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Has anyone ever heard of this "company?"

They offer to find you a buyer, pay a $625 fee only when you accept an offer. If the buyer doesn't close, you get double your $625 back at the end of the 18 month contract period (or $500 if they can't find you a buyer.

I am suspicious because I cannot find anything about these names or phone # on the internet.
 

RNCollins

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@Yankee if you are trying to get rid of your Quarter House unit you shouldn’t need too much help. It’s a very popular timeshare. Post it for sale here on TUG, redweek, MyResortNetwork, etc.
 

Yankee

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@Yankee if you are trying to get rid of your Quarter House unit you shouldn’t need too much help. It’s a very popular timeshare. Post it for sale here on TUG, redweek, MyResortNetwork, etc.
Thank you. I will join TUG, today. I have had it listed on Red Week for a year, but I am getting only a couple of. bottom fishers. I was unaware of MyResortNetwork.
 

Yankee

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Just another form of a SCAM.

At the end of 18 months they'll be out of business and long gone. You'll never see a nickel.





.
Thank you. You confirm my suspicions.
 

Yankee

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@Yankee if you are trying to get rid of your Quarter House unit you shouldn’t need too much help. It’s a very popular timeshare. Post it for sale here on TUG, redweek, MyResortNetwork, etc.
You wrote "etc." Where else would you recommend I list my units for sale?
 

TheTimeTraveler

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You wrote "etc." Where else would you recommend I list my units for sale?

I would post a listing on eBay with bidding start at $1.

I would also post in the New Orleans section of Craigslist (assuming that is the one you are trying to unload).

Additionally, I would contact the Resort itself to see if they would take back the Deed.

Best of luck!




.
 

Yankee

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I would post a listing on eBay with bidding start at $1.

I would also post in the New Orleans section of Craigslist (assuming that is the one you are trying to unload).

Additionally, I would contact the Resort itself to see if they would take back the Deed.

Best of luck!




.
Thank you. I will look into Craigslist, New Orleans.

I wasn't looking to dump, but to sell at a reasonable price.
Because my units are in and around the most desirable periods (Jazz Fest & French Quarter Fest) the Resort was willing to buy them.
 

LannyPC

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Well, at least I can get their names out on the internet to alert people.
You can do that if you wish. It wouldn't hurt. Just keep in mind that these scammers constantly rotate and change their names, even though the principals behind them remain the same, in order to evade the authorities and the bad reviews posted on line about them.

For instance, the scammer you just listed in your OP likely ran, or is running, a similar scam under a different name.
 

dioxide45

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I don't know about the specific value of the week or the resort, but if you are trying to sell and have it listed and it hasn't sold, it is probably listed for too high of an asking price. The reality of what something is worth vs what someone thinks it is worth is usually pretty far apart.
 

CPNY

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You wrote "etc." Where else would you recommend I list my units for sale?
eBay, marketplace on tug, Facebook sometimes
 

TUGBrian

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Yankee

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You can do that if you wish. It wouldn't hurt. Just keep in mind that these scammers constantly rotate and change their names, even though the principals behind them remain the same, in order to evade the authorities and the bad reviews posted on line about them.

For instance, the scammer you just listed in your OP likely ran, or is running, a similar scam under a different name.
You are probably right.
 

Yankee

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I don't know about the specific value of the week or the resort, but if you are trying to sell and have it listed and it hasn't sold, it is probably listed for too high of an asking price. The reality of what something is worth vs what someone thinks it is worth is usually pretty far apart.
Thank you.


The price I am asking is just a little above (to give a little room for negotiation) what the Resort is telling me honestly they actually expect to receive on reselling units.
Sadly, there are an awful lot of bottom fishers roaming the internet.
 
Last edited:

mcsteve

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Unless the resort has made you a real offer to purchase the unit back from you, I would take their suggestion with a grain of salt. Resorts will often inflate what they tell owners the resale value is as they do not want people to get a sense that their unit ownership has devalued. I can’t blame them for this as they are trying to protect their business but it is deceptive and sets a false sense of value with many people looking to get out of their TS and helps to feed the upfront fee scammer business. I am not saying that your specific resort is doing this, just suggesting you consider this view point.

The most reliable source would be looking at what these unit have actually sold for on eBay and comparing that with what they are listed for. Check the listings on RedWeek, TUG Marketplace and any of the other sites already suggested. That should allow you to set your expectation correctly. I searched RW and saw many listings in the 3-5K range but that doesn’t disclose what past units have actually sold for.
 
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