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Subject: Timeshare Resale


Author:
Vin
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Date Posted: Mon, Aug 23 2004, 21:28:42

Hi,

Wonder if u can help me here..

A company called Pro-Biz Network Consultant at #16-02 Tong Eng Building, claims that they will be able to locate an agent (which I suspect is LCM) to sell my ATC Timeshare which I want to get rid of. However, they will do so for a fee of S$298 which is refundable. The S$298 fee guarantees that I will receive an offer of a minimum of 90% of my ATC purchase price within 2 weeks or they will refund the S$298. There is a cooling period of 5 days to get out of this agreement if desired. What is the catch? Seems too good to be true right?

What exactly is a cash-back kind of sale? If they say that I will get my ATC purchase price back but the money might be paid in instalments, what are the implications? I was thinking if they take 5 years to pay back, that might be an awfully long time right? Besides the company could declare bankrupt and then everything is lost? What kind of dirty tricks are they playing here? Would appreciate if u could give some advice. Thanks!

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Replies:
[> Subject: Pro-Biz Network Consultant


Author:
X Lim
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Date Posted: Sat, Aug 28 2004, 20:05:14

I got the same call too. Something is definitely fishy about this company. I noticed the decor was minimal and it wasn't even listed in the building directory downstairs, They look like they are ready to bolt any minute.

If they are truly sincere about the sale, there should not be an upfront fee and I will gladly pay a commision. I recommend you alert CASE about this. I will do the same. If the IRN scam taught me anything, its to be very careful. We live in a world full of crooks and if these Pro-Biz are really legit, they have nothing to worry about.

Furthermore, I heard Timeshare resales do not happen a lot. It can't be that easy.

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[> Subject: Timeshare Resale


Author:
kelvin
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Date Posted: Mon, Aug 30 2004, 20:12:49

Hi Vin,

Do not go for any timeshare reshare if they want you to come out cash.

I heard of another company doing resale and they will collect 1% of sales comission upon successfully selling your timesale. Have not tried. Had posted in this forum for more info.

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[> Subject: Timeshare Resale is a scam


Author:
ccn666
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Date Posted: Fri, Sep 03 2004, 15:49:01

Hi Vin,

In a perfect world, no one will buy timeshare but since we are not living in a perfect world, we bought timeshares simply because we were conned by unscrupulous bastards ... and now you are trying desperately to get rid of your timeshare.

Please treat all timeshare resale companies as scammers who are trying their best to exploit your misfortune to extract as much money as possible from you, because that's exactly what they are. Never ever listen to their lies.

Read more about my comments in "Why timeshare resale is nothing but a scam" at http://www.voy.com/161450/445.html.

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[> Subject: ProBiz Network Consultants is a SCAM!


Author:
KN
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Date Posted: Wed, Oct 13 2004, 23:23:15

Hi everyone,

I would like to warn you against Probiz. They approached me with exactly the same story. Their agent is actually Leisure Group Marketing (LGM). Probiz claims that their "agent" will sell for you but it is actually a scam to convert to LGM's Concepts Travel plan.

Though I had very negative vibes about this company, I wanted to sell my timeshare badly so decided to take the risk and found out Probiz is a scam. I have asked for my money back and I plan to lodge a complaint with CASE. Thank goodness I didn't sign up anything with LGM though they were trying to pressurise us with their hard-sell tactics.

By the way, you guys know of anyone else whom Probiz has approached? I am thinking of asking the media to write a story on all these timeshare scams to expose them.

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[> Subject: Don't trust all these resale bastards


Author:
Eric Wong
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Date Posted: Thu, Oct 21 2004, 0:28:16

Got cheated by one of the resale company, i guess they kept changing name. Exactly the same, one years if cannot sell your timeshare, full refund. And the company gone, another company come and approach me something like "cash back" scam and promise that i will receive the full payment that i've paid for my timeshare that cost 18k in 3 years time.
Recently, there's a retire uncle come visit to my residential and told me he is a volunteer and specially heip people who was conned buying timehsare and he offer to sell my timeshare for "free"?
So nice? How did he get my address? I just straight forward with him and tell him anything that involve money i'm not interested, and no news from him from then on.
To me, they are all bastards come to add in more misfortune to those like us who was a timeshare victims.
I think they just kept changing their company names!

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[> [> Subject: Don't trust all these resale bastards


Author:
Roy
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Date Posted: Tue, Jan 18 2005, 10:41:15

I just got a phone call from these resale guys and their office is in Tong Eng Building (didn't get the company name). They keep pressuring me to go meet them for a 5 mins talk which I suspect it is another scam. Also told me that they need a $300+ deposit for the resell. This is why I'm check on the net if it is another con job.

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[> Subject: Bought a Timeshare........NOW WHAT


Author:
Ron Giese
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Date Posted: Mon, Feb 14 2005, 11:55:35

In 1996 my ex-wife and I were con'ed into buying a timeshare. In our divorce the ex saddled me into taking the thing. I have it paid off, never used it and want to get rid of it. I've paid reality companies over $700.00 to try and get rid of it. Isn't there some place that is willing to sell these things without asking for money up front to sell it? If these things are so good then why is it so hard to get rid of them?

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[> Subject: Pro-Biz Network Consultant


Author:
Gary
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Date Posted: Sat, Feb 19 2005, 14:04:14

Pro-Biz Network Consultant is a scam in my opinion.

Some guy from that company just called me. He sounded monotonous, like already used to all these cold calling. And I find it funny that how come these timeshare resale companies can get my information. So I question him about it. He claims that as long as you have bought timeshares, all these personal information will be stored in a timeshare database, which people can purchase to get these information.

Ask him who owns the database, he says don't know. Then when I said not interested, he said no problem and slams the phone. Luckily I anticipated this move, and push the handset away :)

But it was fun, making the guy exasperated :P

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