Because real estate is regulated there are rules and consumer protections already in place.

Below is an outline of consumer protections and consumer risks.

Consumer Protection when: Processed as Real Estate	Consumer RISKS when: Processed as Non-Real Estate

1. Proper presentation of product.	1. Mis-information.

2. Fiduciary relationship between agent and principal.	2. No binding relationships.

3. Protections thru full disclosure during sale process.	3. No mandatory disclosures are required.

4. Protections thru proper transfers full-service licensed escrow companies.	4. Unlicensed transfer companies and dealers not regulated. Resort transfer fees sky rocket to cover cost of processing defective transfers.

5. Protection from title defects thru proper Title Insurance.	5. Title defects make property unmarketable.

6. Lender Protection encourages secondary financing.	6. Financing limited, costly and risky for lenders.

7. Continuing protection and assistance thru licensed agent customer care and service.	7. No responsibility or consequences for non-licensed activities.

8. Consumer remedies thru the State Department of Real Estate.	8. No remedies.

9. Consumer protection thru licensed real estate agents.	9. Non-licensed entities abuse consumers thru false and deceptive advertising, misrepresentation and fraud.

10. Real Estate Brokers are required to be visible to the public and are held accountable.	10. Non-licensed entities hide behind internet bulletin boards not requiring any regulation or disclosure.


RESULTS	RESULTS

Real Estate Brokers maintain and enhance product value.	Values plummet with "no cost" Inventory liquidated on internet bulletin boards.

Full escrow and title insurance policies protect consumers and resorts.	Title Defects Sky Rocket.

Third Party broker, escrow and title companies reduce resort workload and increase protection.	Management and Operational Costs (including maintenance and transfer fees) increase to meet Customer Service Demands.

Fiduciary agency, full disclosures and remedies create consumer confidence.	Consumer Confidence drops.

Licensing and Regulation sets the guidelines for proper standards of practice in the timeshare industry.	Industry Integrity is Compromised.

© Timeshare Consumer Protection 2008. All rights reserved world wide. Any unauthorized reproduction, copying, downloading, modification, scanning, or other use of the material, photographs, images, and content of this site is strictly prohibited. All trademarks, service marks, brand names. photos and logos not owned by Timeshare Consumer Protection are the property of their respective owners.