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Timeshare Warehouse group

Zac495

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I received an email from them and basically laughed it off - told him I know better. He was quite nice, actually, and just told me a bit about his service. I know i know better,but now thought I'd just ask Tuggers. His upfront is 99.00 - Redweek is 49.00 (for the ad). Not sure how well anyone will do with Redweek - seems to me (sadly) the only way to get a reasonable price (and I don't mean ripping someone off at all - I mean getting a fair resale - remember, I've been around TUG so I know what this timeshare was worth resale 6 months ago - that's the price I want, no more) is to sell to someone who doesn't know the market has dropped.

Info from the email:

T.W.G.
Timeshare Warehouse Group




Thank you for responding.

Here is some basic information on our services.

1. We perform a no cost market comparison on all auction property for current resale value and provide you with a copy for
your records. This will help us to determine the current pricing and give you a realistic amount you can expect
to receive from a successful auction.

2. We perform pre-auction advertising of your timeshare for three weeks, around the different blogs and forums
dedicated to timeshare resale's, this is essential to the selling process of your timeshare. With no bidders there
can be no auction.

3. We contact the resort for all current events and current pricing at the resort.

4. We send out e-mail blasts to resale agents from resort areas around the country, as well as to hundreds of
potential buyers who have requested information on buying a timeshare re-sale prior to the auction start date.
In doing this we can generate as much excitement as possible before the auction even starts.

5. Our service's can help you save on huge upfront fees and expensive title transfer cost.

6. Prior to the auction start we will provide you with a copy of all marketing criteria for your approval.

Each auction has a reserve minimum set by you, we don't like to give away timeshare's, unless that is what your after.

We earn our commission fees of $99 plus 1.5% by managing all the communication between the buyer and the
title transfer company, as well as setting up the auction and managing all of the pre-auction advertising.
Commission payouts to any partner or broker agents will be split from these fees and no additional cost will be billed to you, ever!

I will send over a simple form for you to fill in. With this information I will perform the market comparison and send you a copy.

I know you will have more question so please, feel free to ask anything you like.

Thank you,

Michael Simmers
Michaelsimmers@timesharewarehouse.net
443-803-8227

www.TimeshareWarehouse.net


WWW.TimeshareMarket.ning.com










The Timeshare Warehouse Group 443-803-8227 New Orleans U.S.A
 

Steve

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Hi Ellen,

I don't think it is reasonable to expect to sell a timeshare for what it was worth six months ago...regardless of whether you try yourself on Redweek or MyResort Network...or if you hire someone to list the property for you. (As an experienced Tugger, you know the standard advice about companies which charge upfront fees...although $99 is much more reasonable than most.)

Now is an extremely difficult time to sell a timeshare. If you don't price your timeshare at or below where the market is right now...you can't expect to sell it. Period.

Indeed, the market is a moving target...straight down. Prices aren't even where they were one month ago let alone six months ago. You'll just be wasting your money on listing and/or advertising fees if you try to sell at an unrealistic price.

Steve
 

Zac495

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Thanks, Steve. I do think this guy was more legit than some - he offered to lower the fee to 79 which is really only 30 more than advertising it on Redweek. I think I'll tell him if he really wants my business - he needs to do it with no upfront fee.

Part of me thinks I should just let go of the timeshare for a little less than I paid for it (obviously not mentioning its name as this shouldn't sound like an ad). But it's via Marriott - and their maintenance fees there have gone up , up, up. Seems like now would be a good time to buy a cheapo and just trade.

Or just hang tight and have one nice thing - may not have money to eat, but can go on a nice vacation. :)

Thanks for the response.
 

Bill4728

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This from their website is a big red flag for me!!

Timesharewarehouse.net said:
Deed Extraction Service
Legally Remove your name from your timeshare!

No longer care to own your timeshare?

Have you tried to sell your timeshare with no success?

Can't even give it away?

We have the solution for you. No matter what your situation we can help you to be free of your financial obligations of your timeshare legally, honestly and quickly. The Timeshare Warehouse Group will transfer your timeshare into one of our agents names and register the timeshare at the County, State, and Resort in about 3 weeks total time.

We have helped many unsatisfied owners find a new home for their timeshare and we want to help you too.

Just fill in the contact form and one of our agents will contact you ASAP.
Sounds like what the PCC are doing.

BUT, At least they are being honest about what they are doing.
 

theo

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What's a PCC?

Acronym for Post Card Company --- the kind folks who will "take your timeshare off your hands" (...if you first pay them a few thousand dollars). They used to send out "postcards" as bait / invitations (hence the name PCC), but they now use sealed envelopes, a change which may require a new acronym. SEC is already in use by a government regulatory entity, so I don't know what the "updated" acronym for PCC will possibly be... ;)
 
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Patri

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I looked at his auctions. They are on bidshares, which you can do yourself. I'm suspicious of what he says the bids are. Some are really at the starting price, not necessary what someone has legitimately bid. Why will he have more luck than you?
 

jdb0822

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to me sounds like he is performing like a real estate agent, althought I doubt he is one.
 

Zac495

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I emailed and asked him if he offered more than what I could do myself - that I heard from tuggers that I could use bidshares for free. He responded rudely, telling me that I know too much and his services aren't for people from TUG.
 

GrayFal

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I emailed and asked him if he offered more than what I could do myself - that I heard from tuggers that I could use bidshares for free. He responded rudely, telling me that I know too much and his services aren't for people from TUG.
That is tooooo funny! :hysterical:

I thought "an informed consumer is our best customer" - at least it worked that way for Sy Sym's :rolleyes:

Ellen, this is JMHO - but hang on to your Marriott's - you have had wonderful trades and 2 great home resorts....now is not the time to try and sell unless you deperately have to.
....and you will continue to have great vacations.
Again, JMHO :hi:
 

pianodinosaur

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I emailed and asked him if he offered more than what I could do myself - that I heard from tuggers that I could use bidshares for free. He responded rudely, telling me that I know too much and his services aren't for people from TUG.

Zac495:

I think that his services :eek: are not for you.
 

theo

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He is absolutely right...

He responded rudely, telling me that I know too much and his services aren't for people from TUG.

Well then, those "services" will just have to be inflicted upon (er...I mean offered to...) some unsuspecting, uninformed person instead. :annoyed:
Great to hear of someone choosing not to be "serviced" by an upfront fee parasite operation. We'll put this one right into the "win" column. :)
 
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MMS

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I would like to respond.

Yes, i did become rude with the lady, by telling her that my service was for folks that are not fishing for free information, that was commenting on my reaction to her acting like a sheep lost in the woods, then after running me through the ringer, having me waste an hour or 2 of my time researching her property and bending ears to get her a real current resale value, telling me she new how to do what i just wasted my time doing.

How would you react if one of your clients no matter what the industry, came in and asked you to perform a service, under the guise of misleading you to obtain information with no intention of hiring you to perform the service you offer?
You would not feel good about this, i assure you.

Secondly, How many people out there would like to post their timeshare on bidshares, but have never heard of this company? How many timeshare owners are virtually lost in the virtual world of the internet, rendering the marketing exposure gained through the internet worthless to them. The folks i service are these, and yes i do have some folks that complain because i charge a service fee to do this, but with out my service they would never have the opportunity i offer to gain exposure for the resale.
Yes it seems like something that should be a red flag when some says they will take your timeshare for a small fee, but go tell my clients that have contracted me to transfer their timeshare to a new owner and relieved them form the financial burdens of ownership when they cannot afford to have their credit ruined. Or the new families that accept the timeshare that cant afford the upfront cost, but would like to ejoy what you all have been able to enjoy.
Lastly, which one of you work for free? Timeshare resales when they go through produce a commission less then what a bag of grocerys cost today? Am i charging something so unrealistic to spend my time setting up a webpage, researching current resale trends, and dealing with upgrade and reserve price changes every week for as long as it takes to get a realistic offer. Oh and did i mention that i have a new deed drawn up and save my clients the expense of getting ripped off by a title transfer company for he same fee?
I guess everyone is entitled to an opinion, i just think i try and run my operation as clean an honestly as possible, and what i have learned over the years is, You definently cant please most of the people most of the time.

Madam, if you new how to work with bidshares, why did you waste my time?
Michael
 

pianodinosaur

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Welcome to TUGBBS

Yes, i did become rude with the lady, by telling her that my service was for folks that are not fishing for free information, that was commenting on my reaction to her acting like a sheep lost in the woods, then after running me through the ringer, having me waste an hour or 2 of my time researching her property and bending ears to get her a real current resale value, telling me she new how to do what i just wasted my time doing.

How would you react if one of your clients no matter what the industry, came in and asked you to perform a service, under the guise of misleading you to obtain information with no intention of hiring you to perform the service you offer?
You would not feel good about this, i assure you.

Secondly, How many people out there would like to post their timeshare on bidshares, but have never heard of this company? How many timeshare owners are virtually lost in the virtual world of the internet, rendering the marketing exposure gained through the internet worthless to them. The folks i service are these, and yes i do have some folks that complain because i charge a service fee to do this, but with out my service they would never have the opportunity i offer to gain exposure for the resale.
Yes it seems like something that should be a red flag when some says they will take your timeshare for a small fee, but go tell my clients that have contracted me to transfer their timeshare to a new owner and relieved them form the financial burdens of ownership when they cannot afford to have their credit ruined. Or the new families that accept the timeshare that cant afford the upfront cost, but would like to ejoy what you all have been able to enjoy.
Lastly, which one of you work for free? Timeshare resales when they go through produce a commission less then what a bag of grocerys cost today? Am i charging something so unrealistic to spend my time setting up a webpage, researching current resale trends, and dealing with upgrade and reserve price changes every week for as long as it takes to get a realistic offer. Oh and did i mention that i have a new deed drawn up and save my clients the expense of getting ripped off by a title transfer company for he same fee?
I guess everyone is entitled to an opinion, i just think i try and run my operation as clean an honestly as possible, and what i have learned over the years is, You definently cant please most of the people most of the time.

Madam, if you new how to work with bidshares, why did you waste my time?
Michael

MMS:

Welcome to TUGBBS. There are several TS resale sellers who post regularly on TUGBBS and are highly respected by the membership. Indeed, I did not even know that there was a market for TS resales until I joined TUG. I will try not to waste anymore of your time.
 

dlx2976

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What is a bidhsare?

I'm trying to get rid of my timeshare and I got the same email from Timeshare warehouse. I'm interested in finding out more about the bidshares you are talking about.
Thank you all!
 

falmouth3

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www.bidshares.com

You can list your timeshare for rent or for sale. It's pretty easy to do it yourself, but you may get hundreds of views, but not even one inquiry. I think it's worth a try since it's free.

Just beware of the scams - like people wanting to send you a check for more than your asking price and then wanting you to pay them the difference.

Sue
 
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