I have yet to see one of these brokers who cares about you or the buyer!
They are looking out for only their best interest (money in their pocket ) and work both sides.
They will tell you the best price to list and then help buyer bring that price down.
All they care about and is why there in this business is to make money.
There is a timeshares company, realestate broker in our resort area that sells many timeshares and no upfront money and this is great.
We had a friend use them last year and they told him to sell within three months he should list for $6000 which was lower than other listings for his timeshare by $500. This was not fair to other sellers on their list.
He didn't like price being that low and them taking $2000 from sale but decided to do it.
After all this he would come out with $4000 but didn't have to hassle with worthless ads and playing games with buyers so did it.
He noticed that they leave sold, price reduced or excrow blinking on their list to show others they did sell units or in excrow.
They show no dates of listing or dates of sales so you have no way of knowing if this happen this week or two years ago.
They just state on a listing "just listed".
Problem is these people show reduced pricing and sold so anyone looking see's someone bought your resort for a low price and now you have no way to sell without also dropping your price.
Sure enough he gets couple calls from the broker saying he has a buyer sitting here now and is offering to buy his unit at $4500 which matched sold unit still on list from a owner that didn't care he lost most of his money.
He asked broker if he takes offer does all that money come off his take or does some come from the $2000 he is paying them and we all know that answer.
If he had excepted that deal he would have taken $2500 which was a joke and still the broker would have made their $2000.
To show how much they care they told him they had three other owners listing for same resort and if he didn't except this offer one of them would probably take it.
He asked how anyone could sell for so little because we are talking great resorts and it was stated that people get in trouble and just want out and will take almost any amount.
So as far as I can see when they tell you the going price in your resort, this number will get low-balled by thousands by the time your done and they still get their $2000.
He refused the offer and canceled out with this broker because they are not working for him!
Remember the only one that cares about you is you!
PHIL