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Can't find the Answer you were looking for?
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6653 page views
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Has anyone had any good experiences with Commercial Property Partners, LLC?
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5/12/2010 12:50 PM (PST)
Has anyone had any good experiences with Commercial Property Partners, LLC? 99% of the comments I read here are negative. Do they really do as promised? They claim they sell real estate is that so?
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5/12/2010 1:13 PM (PST)
Company Rating B- Our opinion of what this rating means: A good rating that still implies reputability. The rating may relate to length of time in business, a past problem that’s been corrected, or something else that does not cause problems for consumers. We believe a company with this rating would generally conduct business and respond to any complaints satisfactorily.
They have a total of 8 complaints within the last 36 months. Here is their contact information:
601 Heritage Drive #411 Jupiter , FL 33458 Tel: (888) 444-4035 Fax: (561) 364-0606 Web Site: http://www.commercialpropertypartnersllc.com/ Contact: Morgan Sallette - Manager Business Start Date: 12/7/2007
You may access their full Reliability Report below: http://www.seflorida.bbb.org/Business-Report/Commercial-Property-Partners-LLC-92018873
Also, please read the 9 trustlink reviews above.
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5/13/2010 7:44 AM (PST)
bH,
Click on the New Scams section in the top menu bar here on TrustLink and see the article we have posted on "Selling Your Timeshare: Important Things To Know"
Over the years, there have been a lot of companies that came to life with the promise of helping people sell their timeshares. Most of these companies are located in areas where there are a lot of timeshares, like Florida and California.
Typically, they make a lot of promises about their abilities and claim that there is an army of people dying to purchase timeshares, and all of this will be available to you if you pay them the requested fee.
Reality is completely different. The truth is that timeshares are next to impossible to sell. There's almost no secondary market for timeshares, especially given the current economy and all of the problems in the housing market. Furthermore, if there really was a strong secondary market, these companies wouldn't have to charge a fee, they could make more money charging commissions on sales. The bottom line is that you should not pay any upfront fees to sell your timeshare to somebody else. Check out the Florida AG's website also:
http://myfloridalegal.com/pages.nsf/main/9161973ee14fdb1a85256cc900600947!OpenDocument
There are legitimate title transfer companies that will actually purchase a timeshare, and the benefit to the timeshare owner is that when closed, it gets them out from under the continuing obligations for common area fees. But the whole industry is hot with scams and fraud.
Be aware of a sequence of slick sales tricks - here are some scenarios:
1) The timeshare company offers to list your timeshare and you pay them a marketing fee, but after a few months when it doesn't sell they try to upsell you into an upgraded marketing package of some sort for more exposure (and more money) with so called guaranteed results.
2) After a few months of it still not selling they then offer to do you a favor and take it off of your hands for free so that you don't have to pay the monthly maintenence fees. The monthly expenses are a cost burden to many people who become desperate to get out from under these. These companies know that and use it against you.
3) They try to convince you to turn over the timeshare and "take it off of your hands" for free - now they really start marketing your timeshare, which they now own, and they sell it at a profit. The point is that the only timeshares they are actually selling are the ones that they themselves own through their process of psychologically wearing down so many timeshare owners and convincing them to give up their timeshare properties.
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