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February 1, 2008, Newsletter Issue #83: Timeshare Net Listing
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Tip of the Week
If you are considering a net listing, please keep in mind that you are willingly giving up your rights to negotiate your sale with any possible buyer. If the market price rises, you will not reap the benefits – your broker will. Where there is little or no profit for your broker, there is no incentive for him to sell. It would be wise that if you have a particular price in mind, to just add a reasonable commission to it and sign a regular listing agreement. And for goodness sakes never sign a net listing for over 30 days and never, never, pay an upfront fee for a net listing!
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