E2ME2
ET
- Joined
- Oct 17, 2011
Aren't they bound to act as a Fiduciary, just as in the normal Real Estate market?They definitely have figured out the way to keep their commission higher as it's based on price per point as I recall and all the rest is just reimbursements that the commission isn't calculated on.
However, they are supposed to be acting as a transaction broker representing both buyer and seller in the real estate transaction. It sounds to me like maybe they are violating that in some way? Maybe not as I'm not positive about their responsibilities as a real estate agent but they are definitely representing themselves over any buyers.
Is there a governing body for timeshare resellers?? - If so, I'd refer this reseller them to that body. That doesn't help you with your immediate purchase, but I'd look at other brokers; you're bound to find a better deal elsewhere. (IMHO)