This is a new scheme/scam that preys on people trying to sell their timeshares. I received a postcard that Travel Exclusive was going to be in my area and was contacting people who wanted to have an offer made oon their timeshare. We had to call the company to be sure our Timeshare unit was of value to the company before they would set up an appointment for the meeting. It was.
My wife and I got to the hotel conference room for the meeting. There were about ten people sitting at large round tables, with a presenter telling everyone how bad time shares are. How people are tired of paying annual fees that escalate, and how it is impossible to sell time shares.
However Travel Exclusive was willing to make an offer and then transfer your time share to another company that rented out vacation properties.
The bottom line offer is: Travel Exclusive wanted you to GIVE THEM the time share for nothing — and then PAY THEM as much as $3,000 for closing costs, transfer fees and other bogus expenses. That's their offer.'YOU PAY US TO TAKE YOUR TIME SHARE OFF YOUR HANDS.'
At least one other couple walked out during the presentation. My wife and I met for five minutes with one of their consultants to be sure we understood the offer correctly and we then walked out. There is nothing illegal about what these people are doing. But it is underhanded that people waste several hours going to this meeting — hoping for an offer — and that offer is truly bogus.
Just a word of caution — in my opinion, any mailing from Travel Exclusive should be looked at very carefully. Read between the lines and then trash it.
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