Sometimes we post warnings about companies who only do cold calling. But Global Liquidation Services does not belong to that group as they actually go the whole way.
GLS or Global Liquidation Services cold calls timeshare owners and use the “guaranteed” sale pitch. A guaranteed sale for an attractive price so who would say no to such offer?
After the initial cold call to see if the Timeshare Owner wants to sell, they send of a confirmation email with the details of the proposed sale.
In this email it is explained that the purchaser is leaving a 35% deposit paid in order to get the sale going but Global Liquidation Services also expects the seller to pay a fee which they call a “liability insurance fee”.
This liability Insurance is €2000, but rest assured as soon as the sale is completed the (ex) timeshare owner will receive the money from the sale plus the €2000 he paid up-front.
Does this sound correct? Well we are afraid it is not correct as the Timeshare Directive clearly forbids any upfront payments when it concerns a timeshare resale.
Contact details for Global Liquidation Services are Avenida Juventudes, Dr Fedriani , 41009 Seville, Spain
Telephone 0034 951255737 and email: firstname.lastname@example.org
Apart from a faulty address, the email also indicates there is no website which seems odd for a company selling a product that needs to be shown to the customers.
As mentioned, Global Liquidation Services reunites all the signs for us to say that we do NOT recommend this company!
If you have been contacted by GLS about a guaranteed resale of your timeshare, then please do let us know.
Email us at email@example.com or place a comment on the blog and we will get back to you.