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Timeshare exit company

Hoot67

TUG Member
Joined
Dec 12, 2018
Messages
9
Reaction score
1
Resorts Owned
Tahiti
Have been emailed a sales pitch from a company called Timeshare Contract Resolution. TCR would appreciate feedback from timeshare owners who have had dealings with this company. Are they a scam, did they do what they promise. Or are they just another exit company preying on time share owners frustrations?
Thanks for your comments.
 
Are they requesting an upfront payment? If they are, then they are a scam.
 
Even if they’re not, they are still a scam. There are no legitimate timeshare exit companies.
 
TCR would appreciate feedback from timeshare owners who have had dealings with this company.
Why are they seeking feedback from past or present customers? Chances are very slim that you will find any past or present customers here on TUG.
 
Why are they seeking feedback from past or present customers? Chances are very slim that you will find any past or present customers here on TUG.
I am asking for feedback on TCR. If nothing positive to say, do not comment.
 
you will likely be waiting a long time if you only want positive comments regarding an upfront fee exit company.
 
you will likely be waiting a long time if you only want positive comments regarding an upfront fee exit company.
More along the lines of whether the comment is related to the initial question. I like many owners think that all these companies are scams and crooks, yet the optimism in me always hopes for the impossible. Basic question I asked to be answered whether any TUG member had knowledge of this particular company. If no, then really no reason to comment. As a 20+ year owner have previously encountered just about every scam out there and really don't need to review the lessons.
 
Well I mean being realistic here, the name of the company means next to nothing as they come and go so frequently its almost not even worth tracking. Thus if your thinking that if noone has ever dealt with this particular name personally it might be legitimate....is a bit of a fallacy.

based on even your first post, its safe to say you already know the answer to the question =)
 
Well I guess TUG is not the place to ask these type questions. Will have to look elsewhere.
 
@Hoot67
 
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Well I guess TUG is not the place to ask these type questions. Will have to look elsewhere.
As @VacationForever posted, exit companies are notorious for creating fake reviews and acting as shills on forums. If you find what you are looking for just be aware that it may just be fake.

Back in 2019 you were asking for experience about another exit company. I had posted some suggestions on how to offer your timeshare for free on TUG. Just curious, since you are still looking at gambling a significant amount of money with an exit company, why you have never even tried to offer your timeshare for free. Yes, giving it away takes a little work but it is easier than you think, especially if you have a closing company like LT Transfers handle everything after you find a taker. Plus, you save a significant money and no matter how good an exit company looks on paper, or what they claim, they may end up doing nothing for you except steal your money.

Below is a copy/paste of my 2019 reply.

“If I am looking at the right resort on eBay the sold prices range from a buck to a couple hundred. Most are with all fees paid and some have an extra cash card at closing.

I don't know much about the company you reference. Maybe they will do what they say, maybe not. However, we have heard stories of similar type companies who had promised the same thing and failed to deliver. We have also heard of people going to jail for scamming timeshare owners. What they all will do with 100% certainty is collect THOUSANDS of dollars from you. You can pay them THOUSANDS and take a chance or you can try to give it away and SAVE thousands. Yes, to give it away you may have to pay for the closing and transfer, maybe give a year free usage and maybe even give a cash card. Even if you do all that you are still guaranteed to come out with money left in your pocket versus paying some unknown company thousands.

A friendly suggestion is to review the sticky thread in the Buying/Selling/Renting forum. This will give you a good understanding on how to do this yourself. Second, I recommend to look at the many timeshares being given away in the bargains deals to get an idea on how to make your ad stand out. You will see that the ones that say "I need to get rid of this timeshare because the fees are too high" never sell. The ones that sell have a nice description on what makes that timeshare special. Could be the pool, onsite restaurant, kids activities, close to entertainment or shopping, free movies to rent, BBQs on site, etc... Photos will also add to the appeal. Just like anything to be sold, one has to SELL it. If you find a buyer, there are legit closing companies that for a nominal fee will handle the whole process for you. One recommended company is LT Transfers (fee maybe $250 or less). One less worry and you can concentrate on just trying to give it away.

Once you are ready you can place your ad in the bargain deals. You should check your ad often and periodically reply to your own ad to answer questions or add a new tidbit about the timeshare, all to bump the ad to the top of the forum list. If you don't do that the thread just gets buried. Finally, there are many people who have given away timeshares on this site and would be happy to answer your questions and help walk you through the process.

Wish you luck!”
 
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Have had it advertised for a long time since those days. Several messages from so called interested persons. When questioned as to location nothing further. Am not a representative of this company and not sure how they came across my information, maybe through the TUG advertisement& yes maybe my request was poorly written. Used to be a good site to ask and mistakenly thought TUG encouraged these postings. I guess I was wrong and will close out my inquire. I did follow your advice in 2019 unfortunately the person I was giving the Timeshare to changed his mind and left me paying the bills, which I had planned on doing anyway.
 
Have had it advertised for a long time since those days. Several messages from so called interested persons. When questioned as to location nothing further. Am not a representative of this company and not sure how they came across my information, maybe through the TUG advertisement& yes maybe my request was poorly written. Used to be a good site to ask and mistakenly thought TUG encouraged these postings. I guess I was wrong and will close out my inquire. I did follow your advice in 2019 unfortunately the person I was giving the Timeshare to changed his mind and left me paying the bills, which I had planned on doing anyway.
TUG members are timeshare owners. like you, with a wide range of experience. I don't understand why you say that TUG doesn't encourage "these postings" about exit companies. We encourage it, and you have received some advice, but it sounds like you aren't liking the answers you are being given.

Where are you or where did you advertise your timeshare? Although you state that you followed my advice in 2019, which was to offer it for free on TUG, there is no bargain basement ad/thread that you posted on TUG that I can see. TUG has two sale options - one is the bargain basement forum to post free timeshares (this would show as one of your postings). The other is the TUG marketplace where you could post timeshares for SALE (i.e. a charge for the timeshare and these do not show as a posting). Did you advertise your timeshare in the TUG Marketplace for a price? If so, that could very well be your problem because your timeshare likely has no real value.

Many people on TUG have given away timeshares right here on TUG and would be willing to assist you in anyway.
 
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Are they a scam, did they do what they promise. Or are they just another exit company preying on time share owners frustrations?
These two things are one in the same.
 
Your free timeshare should be posted here. It isn't;

And don't be lazy with your posting like this one. If people are having to ask for location then you haven't provided enough details in your listing. Also come back to check on your listing and see if people sent you a message, unlike this person.
 
Have been emailed a sales pitch from a company called Timeshare Contract Resolution. TCR would appreciate feedback from timeshare owners who have had dealings with this company. Are they a scam, did they do what they promise. Or are they just another exit company preying on time share owners frustrations?
Thanks for your comments.

you will likely be waiting a long time if you only want positive comments regarding an upfront fee exit company.

If you find any positive responses, they will be from shills. You just don't want to hear the truth.

As noted above, it's likely that anything positive reported will be from shills. Be aware there is a long history here of shill posts touting various timeshare resale outfits.

From what you've posted, it sounds as if TCR suggested you go to TUG to ask for feedback. Be assured that there are no long term members here who will provide positive feedback. I would not be the least surprised if, after making this post, some posters suddenly appear who have good things to say about TCR. You should carefully consider that those posters will simply be TCR shills.
 
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Your free timeshare should be posted here. It isn't;

And don't be lazy with your posting like this one. If people are having to ask for location then you haven't provided enough details in your listing. Also come back to check on your listing and see if people sent you a message, unlike this person.
In addition to @dioxide45 suggestions, here is an excellent example of free timeshare giveaway ad. Lots of details, pictures and timely follow up to questions. Do all giveaways need to be this detailed? No, but the more one can make their ad stand out from all the rest the better chance one has to quickly giveaway their timeshare.

 
TUG is absolutely the place to ask questions about exit companies, unless you want to ignore valid advice and throw money away that is! If you have already convinced yourself that you wish to use random xyz exit company despite all the feedback you have been provided, its a free country brother!

I do see your current marketplace listing offering your Tahiti resort for $1, so thats a start! however as you have noticed, all the other Tahiti resales are also listed for $1 Note that the last 4 that have been successfully rehomed on TUG, were also listed for $1, but they also offered free closing paid by the seller! While this may sound unappealing, had you offered it long ago when you first joined the chances of you finding someone to take it off your hands would have been exponentially higher, and thus saving you at least 2 or 3 years worth of maintenance fees.

As it stands now, your options for disposing of an unwanted timeshare are the same with or without an exit company.

sell/give away, surrender back to the resort, or default.

the odds of accomplishing all 3 are no different if you attempt them yourself, or pay someone hundreds or thousands of dollars to do on your behalf.
 
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Well I guess TUG is not the place to ask these type questions. Will have to look elsewhere.
You’re wrong about that. You can easily tell if a company is a scam based upon their business model. Are they charging an upfront fee? If yes, they are a scam. It’s not that complicated. A real resale broker charges a commission on the backend OR truthfully tells you your timeshare is worthless and refuses to list.
 
More along the lines of whether the comment is related to the initial question. I like many owners think that all these companies are scams and crooks, yet the optimism in me always hopes for the impossible. Basic question I asked to be answered whether any TUG member had knowledge of this particular company. If no, then really no reason to comment. As a 20+ year owner have previously encountered just about every scam out there and really don't need to review the lessons.
OP knows the quest is impossible but persists nonetheless.
Hope is a powerful drug.
Which is why there are exit scams companies.
 
I am asking for feedback on TCR. If nothing positive to say, do not comment.
That's a really divisive reaction to the advice here.

I think you would be wise to really think about what TUG members are saying to you. These companies are all scams. If you want opinions, that's the concensus here.

If you don't want advice, don't ask for it.
 
I do see your current marketplace listing offering your Tahiti resort for $1, so thats a start!
Thanks Brian for confirming that.

To the OP, for free timeshares, the best place to post an ad for exposure is in the “Free Timeshare” forum (see dioxide45’s link above). While it doesn’t hurt to place a free ad in the Marketplace it has the potential to get overlooked if there are other $1 timeshares for your resort. The “Free Timeshares” forum allows you to be creative and separate your timeshare from all the others. You could do both of course making for even greater exposure.

Why the “Free Timeshare” forum? It is like a one stop shopping area for anyone wanting a timeshare for free. You can add whatever details and photos you like making your ad more appealing. Most importantly, you can post updates (adding more photos, amenities, personal stories about the resort, or maybe even just “still available”). Every time you post an update it moves your ad back to the top of the forum increasing it’s visibility once more.
 
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I am asking for feedback on TCR. If nothing positive to say, do not comment.
Hmm, okay, because in your OP that I quoted, you said, " TCR would appreciate feedback from timeshare owners..." That's why I asked why TCR is seeking feedback from customers. And BTW, I didn't say anything negative other than chances are slim that you will find any past or present customers of TCR here on TUG.
 
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In this sentence @Hoot67 wrote:
"Have been emailed a sales pitch from a company called Timeshare Contract Resolution. TCR "

@Hoot67 means TCR is the acronym for the company. TCR is the end of the first sentence.

Then @Hoot67 starts a new sentence, without a capital letter:
"would appreciate feedback from timeshare owners who have had dealings with this company. "

@Hoot67 means s/he would like feedback, but by the sentence structure, it did read as if TCR had requested feedback.

@Hoot67 ALL timeshare exit companies will take your money UPFRONT, but do nothing to actually offload your timeshare.
 
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