Usacomplaints.com » Traveling & Tourism » Complaint / Review: Timeshare resale - Scam. #848977

Complaint / Review
Timeshare resale
Scam

I did not get what I paid for or agreed to. Vacation tree called me in January and they were very confident they could sell my timeshare. I paid $699 to list my timeshare with Vacation Tree and to join the Superstar program. They came up with the price $18,393 to sell it, that is how much they said my time share was worth and how much they thought someone would pay for it. They promised they would sell the timeshare and if not in 10 months, they would buy it from me at market value. Every time I asked what “Market value” meant the people that worked there, said, “It will be around the listing price, maybe a little under or it could even be more than $18,393, we can’t really say because every property is different.” I followed all the terms and when the 10 months was up they had not sold it. When asked for them to buy my time share, they said it would be another 10 weeks to do research on what it was worth. Then after an additional month I finally got my offer which was for only $389.16. Plus I would need to pay an additional $699 for a transfer fee and all the rest of the year’s maintain fees which is $442.

So really they are not buying my timeshare at all, and I have to pay them an additional $751.84 on top off the $699 I already paid them in 2010. What a scam and a rip off…and fraud! I have asked for a refund, because I was led on with false information and they misled me. When I asked for a refund, they said they did what they said they would do…. BUT in a very tricky, unethical way!!! They made it seem the whole time that I would get around the price that they listed it for and also, they said I would only have to pay the transfer fee of the resort, which is only $299 (When I called the resort to ask), so I don’t know where they get an additional $699, and also I was told in the beginning I just had to have my maintenance fees current and up to date and now they are telling me I have to pay for the rest of the year in advance. They are bilking customers on the front end and the back end. There are companies that can take your timeshare off your hands for a small fee like, “Timeshare Cure” and. And that’s ok because they tell you in advance that’s what they do. But Vacation Tree is doing this by tricking people to pay them a lot of money, and falsely advertising and promising you will make money. When actually the customer is paying Vacation to take their timeshare. This is not what I agreed to.

I just did some researched on line and there are many more people that have been scammed and have filed complaints. Here is something I found on the Rip Off Report: / link removed/

This business should be shut down; they take advantage of people and deceive them. Also, I just found out it was illegal for them to ask for upfront fees to sell my time share. (I heard this started in July) SO they are doing illegal things, doing fraud and tricking people.


Offender: Timeshare resale

Country: USA   State: California   City: El Cajon
Site:

Category: Traveling & Tourism

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