If you have been victimized by either a timeshare resale firm or a timeshare resort, add your complaint below.
Timeshare Scams and Fraud
Scam/Ripoff - Excess Property Solution
Company Name: Excess Property Solution
Company Address: 1802 North Division Street, Morris, Ilinois
Company Website: [email protected]
Company Phone: 1-888-441-5895
Sales Manager: "regional director" Nealson Adams
Invited for free dinner and discussion of "selling" timeshare points for a share of profits in October 2013 The hook: This was settlement from legal action against RCI and timeshare properties who were not marketing the open timeshare properties. This would allow us to cover our time share expenses and we would be able to get vacations for much lower point exchanges through Vacation Services International. Payout would be $O.75 per point exchanged. We exchanged 150,000 points. Pay pack would be $10,000 in March 2014. Cost to transfer was <$8,000 in fees and an additional $400 for the membership with Vacation Services International. We do have a membership with VSP but they know nothing about exchanging points for cash. They refer us back to excess property solutions. phone #888-441-5895. Phone auto answers for a Crystal Jenson who's voice mail box is not setup yet. The director of operations during our presentation was Nealson Adams. Unfortunately we have forgotten the name of the other to people we met. The "gofer" was named Andy. An expensive free meal!