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Is it Too Good To Be True?

Real Estate Broker/Owner with CIDER Properties

February 23, 2008 01:02 AM

I recently received a call from a company in Florida that sells timeshare. They are in need of a real estate agent/broker in Texas so that they can sell their time share in Texas.

It seems that in order for them to sell time share in Texas, they need a license agent/broker in Texas. I will not be a "Silent Partner" and will not have to do anything. They want to fly me to Florida so that I can meet the corporate executives and view some of the facilities. They will train their sales staff and provide transportation, etc. I will be compensated on every sale. Is this too good to be true???

I contacted TREC to get more info about timeshare and I have researched the company. Has anyone worked with time share? Of course, I don't want to do anything that will put my real estate license at risk.

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Dave Woodson

Dave Woodson - Chesterton, IN

Not the Average Agent

Sounds to good, but you never know. I got stuck by my timeshare company. Promised me one thing on that letterhead of the place tht we liked to stay and when we went to get the week. We were told that we were not a part of that place. Very disapointing and then you cannot get anyone on the phone. Make sure they are not bait and switching nad ask where they got your name and number

Feb 23, 2008 01:17 AM

Kim Sellers

Lake Arrowhead, CA Coldwell Banker - Lake Arrowhead, CA

Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow

Sounds great, but you should be catious... then again, you never know about some offers, they really are just great offers. Best of luck to you in determining if this is for you.

Kim Kelley

Feb 23, 2008 01:19 AM

Matt Ratcliffe, REALTOR

Keller Williams Realty Brazos Valley - College Station, TX

Thanks fot the post...not sre about it.

Feb 23, 2008 01:21 AM

Joey Remondino

RE/MAX Preferred Properties - Vienna, VA

Broker, GRI, E-Pro

I have never heard of them, gut if you ask the right questions and do some research it may be ok.

Feb 23, 2008 01:23 AM

Lee Walsh

SecurityNational Mortgage - Lake Mary, FL

Executive Talent Scout for Mortgage Professionals

Tanya,

You know that it usually is to good to be true.. but just in case it is a good thing here area few suggestions.

In Florida this is one of our biggest real estate sectors.. A lot of good companies and some really bad ones..

I would contact the Florida Department of Business and Professional Regulation, Division of Florida Land Sales, Condominiums, and Mobile Homes, Bureau of Timeshares at (850) 488-1122

Contact the licensing agency to determine if their license is valid, and whether there are any complaints lodged against the broker. Here is an alternative number 850.487.1395

Also using Google and Yahoo search for the company name and the names of the officers.. also ask them for the names of people in other states where they have the same type of arrangements.

I hope this helps..

Good Luck - I hope it is real

Lee

Feb 23, 2008 03:32 AM

Tanya Redic

CIDER Properties - Tyler, TX

e-Pro, SFR

Lee,

Thanks so much for the contact info to the Florida Dept of Business. I will call them Monday. I have googled the company and some of the officers. Again, thanks for your advice.

Feb 23, 2008 04:08 AM

Bill Dean

Haggerty Team St. Louis, Mo. - Fenton, MO

William Dean - Broker, Salesperson

Hi Tanya,

I got a call today from a timeshare seller in Texas and when I did a keyword search your post came up. Could you give me info on how your deal went and what company it was Thanks, Bill

Aug 16, 2010 07:10 PM

Is it Too Good To Be True?

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Tanya Redic

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