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I`m new to this Forum but does anyone here have dealing with `Global Reservations Services` I have a place in Florida and they have been in touch with me about selling my timeshare.
They have offered me a price but the normal stuff after all the hype is that that will need 1300 Euros.
Is this a legit company?? has anyone any dealing with them
Well they say they have a buyer for me, this is what they say:-
A usual sale will normally complete within 4 - 6 weeks
* The 1,300 euros security deposit is fully refundable on completion of sale.
* To confirm we do not take any security codes or pin numbers to secure the deposit.
Do not touch with a bargepole, if they are asking for money upfront that will probably be the last you see of it. Some of these so called firms even ask you to fly over to pay them.Its just another time share [problem].
See Timeshare Consumers Association. or Timesharetalk forum
I'm new to this site too as I was also contacted by this 'Global Reservations Services' company just the other day. It was to do with my time share in Spain which I'm happy with, so there was no need for me to get involved with them but before I parted with the lady on the phone I asked for their phone number and that I would call them back, just me playing safe.
I was given a free phone number to call, which I did. Well when my phone bill comes in I'll soon know if it was free or not. It does state it been a free phone number on their site too thou.
Me been curious searched their name on google and came across the thread started by bigkenny. Hence, I joined up with this forum and I did a bit more digging around and here is the link to their (Global Reservations Services) company. Which is [DELETED] Hope this helps with you're dilemma folks.
Originally Posted by bigkenny
Hi,
I`m new to this Forum but does anyone here have dealing with `Global Reservations Services` I have a place in Florida and they have been in touch with me about selling my timeshare.
They have offered me a price but the normal stuff after all the hype is that that will need 1300 Euros.
Is this a legit company?? has anyone any dealing with them
They never asked me for money as it was a free add they were offering. When I asked how they would get money for offering this service I was told that the buyer would pay their commission. So in other words since you did not get this call from them it's unfair of you to think we are all like you out there.
So 'no' they never asked me for a penny - just asked if I would be interested in selling my weeks. And for the record an address was offered - so back at at ya!
Originally Posted by mustang67
Would you send me 1300 Euros if I rang you up? Then just gave you a phone number and no address.
Think not, but then again theres one born every minute!!!!!!
They never asked me for money as it was a free add they were offering. When I asked how they would get money for offering this service I was told that the buyer would pay their commission.
well that`s where the sting in the tale is after the nice sales patter they ask for some fee to be paid. I forget the full reason why but it sent alarm bells ringing in my head. They ring you back days/weeks later and say they have a buyer for you who will pay the price your asking but to get the money through they need some money of you which will come of the balance. It sounds all very nice and easy all very nice on the ear. You want to believe it as well as they give you a nice cosy felling so your ready to give over your credit card details. That`s when your a dead duck. I just had another cold call today same patter different company (well they said some other name) I say the same thing to them I will not pay one penny up front, if the price is right I will sell. If I do get a good deal the only way I could do it (sell) is that the money must hit my back account first (I would check with my bank) before I handed my title deeds over or signed any paper work. If it does not happen like this I cannot see how I could do a sale.
The safest way to sell your timeshare is through a reputable dealer.Then you do it by the Escrow system.
This is through a third party, generally a member of the legal proffession
(yours!!) . They hold the deeds and the cash from the purchaser.
That individual ensures everything is OK then completes the transaction. Much the same way as the sale and purchase of a house.
Some companys will either take a percentage of the sale value or add their commission to your required sale figure before advertising.
As for the cold call [problem]s, these happen all over the world. Remember that no company can predict when your property will sell. In fact if any company does, it is a [problem].
Legitimate resale agents will offer to market your property, but will not guarantee they already have a buyer with an agreed price.
If you read my reply to bigkenny & tonge7groove above on this tread I searched for 'global etc' under google and came accross this thread... so dough 'no'.
Originally Posted by mustang67
Your not Global Reservations Services by any chance?
Nice one for this mustang67...have you had dealing with this co before?
Originally Posted by mustang67
The safest way to sell your timeshare is through a reputable dealer.Then you do it by the Escrow system.
This is through a third party, generally a member of the legal proffession
(yours!!) . They hold the deeds and the cash from the purchaser.
That individual ensures everything is OK then completes the transaction. Much the same way as the sale and purchase of a house.
Some companys will either take a percentage of the sale value or add their commission to your required sale figure before advertising.
As for the cold call [problem]s, these happen all over the world. Remember that no company can predict when your property will sell. In fact if any company does, it is a [problem].
Legitimate resale agents will offer to market your property, but will not guarantee they already have a buyer with an agreed price.
No I have not had dealings with Global. I am just trying to point out the financial dangers that people could face responding to this type of call.
There are decent Timeshare resellers out there, but at the moment there are more bad guys.
Because of increasing maintenance costs, lots of people are trying to get rid of their Timeshare. This provides an increased market for these [problem]mers to take advantage off. Also, beware of newspaper adds offering to buy your Timeshare.They can be a minefield to.
Hi there just wanted to share my story i had a call from a company called planet vacations offering to sell my timeshare they fed my a long story of how they had a buyer and that id have to send a security deposit which was fully refundable! so like a fool i said yes they took the money from my account around a week later i recieved a contract so i signed it and returned it. Then two weeks later i recieved a phone call saying that the BUYER!!!! had withdrawn due to financial reasons and that the deal had fell through!! but they would still advertise my property!!! 12 months later nothing and the refundable deposit was not returned!...DOH how stupid did i feel!!! then i had a call from global reservation services i was really unsure about the whole concept once bitten twice shy! but i just had to get rid of the TIMESHARE TOMBSTONE that was draining my finances every year so i agreed. I was fully expecting to be ripped of but to my suprise i wasn't they were realy helpful and did exactly what they said they would the whole transaction took around 4 weeks i payed my deposit and after the sale was completed it was returned aswell as the money for my timeshare. i just wanted to share my story and prove to the majority that there are actually some decent companies who do what they say. Granted the timeshare industry is riddled with con men but i can't speak highly enough of the staff at global reservation services.
Thankyou i hope this helps some of you guys out there.
Global Reservations Services
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Re: Global Reservations Services
Originally Posted by bigkenny
Re: Global Reservations Services
Re: Global Reservations Services
Re: Global Reservations Services
