BuyATimeshare.com, the world’s most progressive internet timeshare reseller, has recently announced that it has adopted and fully implemented all facets of Florida’s new timeshare resale law in Florida and throughout its entire worldwide system.
BuyATimeshare.com President and CEO, Wesley Kogelman says most of the requirements of the new legislation have been standard procedures within his company for some time. “With top customer service and total transparency always our objectives, we believe we are the only national reseller who has implemented every element of the new legislation.”
The Timeshare Resale Accountability Act, which took effect on July 1, 2012, prevents fraudulent firms from stating they have a fictional “buyer waiting” with penalties for violating this new law up to $15,000 per occurrence. Additionally, the law requires that, prior to charging them for the cost of advertising, resellers obtain a signed contract from the timeshare owner that desires to sell or rent an interval.[member]
“Even before the new law was adopted,” says Kogelman, “we made sure we had a signed contract from those desiring to advertise to sell or rent their timeshare on our website. We were also previously in compliance with the legislation by giving customers ten days to cancel after an agreement is signed. We worked long hours to ensure that every requirement for Florida resellers became the operating standard for our entire system before the law became effective. Following these customer protection laws provides true value for our entire customer base.”
“In addition to requirements of the new law,” he continues, “BuyATimeshare.com provides verification of owner and resort information so buyers know precisely what the owner is advertising and that the resort information provided is exactly what’s on the recorded deed. The verification process ensures buyers that the weeks are legitimately available. This increases customer satisfaction and operational awareness and makes for an easier purchasing process. To further assist sellers in managing their offers, we have recently created easy-to-understand tutorial videos.”
As the leading timeshare reseller for the past 12 years, BuyATimeshare.com is one of a handful of timeshare resellers that does not solicit for business via telemarketing or direct mail. People wishing to buy or sell their ownerships seek out BuyATimeshare.com and its extensive search engine optimization efforts. This strategy generated nearly $100 million in qualified offers for advertisers in 2011.[/member]