After our earlier blog article in April on this resale company – http://wp.me/p1kmoi-2J – we have received many messages from consumers and we have now more information on the “Modus Operandi” of this company.
As we know the resale company FMD or Find Me Directory is linked to the marketing company called Find Me in Menorca – http://www.findmeinmenorca.com, which also promotes another holiday club membership – Find Me Travel – www.findmetravel.net.
For the sales site the website is www.world-sales-marketing.com
Contact number they use is: 0844 991 2131
And email addresses: firstname.lastname@example.org and email@example.com
FMD Sales is Cold Calling timeshare owners and tell them they have a firm resale offer for their timeshare by a corporate buyer. They even go one step further and will put this in writing! Strange thing is though that over the phone they ask a retainer fee / deposit to secure this sale but in the paperwork they send to the timeshare owner it is explained that first he has to become a member of a Holiday Club called Odyssey 7.
The joining fee is calculated within the amount the timeshare owner is going to receive for the sale of his timeshare but there will be a small balance to pay of approx. £1900. Once they pay the balance, the timeshare owner becomes a member of Odyssey 7 and his timeshare is “urgently” sold to the already waiting corporate buyer waiving with cash in his hand.
Payment needs to be made in 72 hours (?) and total process of resale will take up 28 days…by that time the timeshare owner will most probably realize he has been taken for a ride, paid £1900 for a membership in a discount Holiday Club and still has his timeshare for sale..
So if you receive a call from FMD and they start pitching you on the corporate buyer and the quick sale of your timeshare membership, please be aware that you might end up with more than you expected but not with the timeshare sold.
Have you been called by FMD?
We would like to know!