Complaint Review: Nouveau Riche Corporation, Nouveau Riche, Nouveau Riche Education, Nouveau Riche College - Internet
- Nouveau Riche Corporation, Nouveau Riche, Nouveau Riche Education, Nouveau Riche College phoenix arizona Internet United States of America
- Phone:
- Web: www.nouveauriche.com
- Category: Sales People
Nouveau Riche Corporation, Nouveau Riche, Nouveau Riche Education, Nouveau Riche College The marketing is ascam along with RME, Internet
*Consumer Comment: Great Company!
*Consumer Comment: I was thinking about joining NR, but i watched my friend's world collapse
*Consumer Comment: How does this really work? Real or smoke and mirrors
*REBUTTAL Owner of company: Corporate Response To This Post
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
Ripoff Report
willing to make a
commitment to
customer satisfaction
Click here now..
Nouveau riche is a legitimate school but heres the problem. You have a CEO who is phony and fake who tears down his leaders! He has bitched out ISA's and students on the national calls, has literally yelled at and belittled his entire leadership team on leadership calls and wonders why the entire original leadership(some making a Million a year) to leave the company. That should tell you something. Not to mention these people bought into his lie of buying stock in the company and guess what...it tanked. Some peopel pais anywhere from $100k to $250K...ooops The promise of a Nouveau School for investors in a state of the art building on top of s peak over looking Phoenix.That never came to fruition due to the fact he did not realize its an unbuildable mountain with lava rock!!! Good move Mr CEO. Now here's a good one. NR is a real estate school and the marketing team is marketing real estate. But up until 2009, they literally told ISA's, IRA's and INA's NOT to invest in real estate ..or do it together. WHAT? You heard that right..don't do real estate!!! Here's why..NR makes no money if their marketing team does real estate, not recruit people into the marketing. Unbelievable...way to go CEO and MR General...degrade your entire leadership to do the one thing you promote the most and to do what 74% of the wealthy did right..but don't you do it or else.
Thank God I did real estate or else I would be in trouble since we know that NR has tanked and gone down the tubes. No growth and no motivation. No one is making any money..what 5 people in the entire company. Where's your original fab 5?? HHHmmmmm they bolted for other endeavors and to be a part of another company that treats them with respect!! Not too mention the real market expects..every person I know who bought property through them including myself has gone in to foreclosure. RME bought properties at the height of the market and sold it to us..now they are all upside down and all gone. And to top it off, RME is selling foreclosure properties to the very same peole who lost everything. What a joke!
Now lets talk about the lawsuits and bad deals that occurred. Let's start with Chalemoix homes in Phoenix. So many people bought $50K into units of this supposedly great development. Some people used their entire retirements and lost everything!!! No one has gotten a penny back..good move Mr cottrel. The michigan condos..another sad story for people. I could go on and on. This company has ruined so many peoples lives with false hopes and promises. The education is good but take it and run...dont do business with NR or its affiliates.
This report was posted on Ripoff Report on 11/19/2009 12:11 AM and is a permanent record located here: https://www.ripoffreport.com/reports/nouveau-riche-corporation-nouveau-riche-nouveau-riche-education-nouveau-riche-college/internet/nouveau-riche-corporation-nouveau-riche-nouveau-riche-education-nouveau-riche-college-525607. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
If you would like to see more Rip-off Reports on this company/individual, search here:
#4 Consumer Comment
Great Company!
AUTHOR: Nouveau Riche ISA - (USA)
SUBMITTED: Tuesday, November 30, 2010
#3 Consumer Comment
I was thinking about joining NR, but i watched my friend's world collapse
AUTHOR: Justin M - (United States of America)
SUBMITTED: Friday, February 12, 2010
#2 Consumer Comment
How does this really work? Real or smoke and mirrors
AUTHOR: DJOm - (United States of America)
SUBMITTED: Friday, January 01, 2010
Can anyone tell me how this system works? I can not seem to get a straight answer from my "recruiter" or anyone at her office. I am a non-practicing attorney, who has been involved in the real estate industry for over 20 years. I was given the "illusion" that I could put together deals between homeowners that needed to be bailed out and were willing to sell substantially below market value, private "investors" that had money to lend from personal savings--read 401Ks---and those that wanted to buy the subject homes--leaving me with the profit after costs of fixing and selling. What I have found is nothing but double talk. I have just lost a deal which had the potential of turning $100K in NET profit simply because I could not get any answers.
Accordingly, Are there truly investors?
What does one have to do to contact and present potential deals to them?
Does Nouveau Riche take a portion of the profit from the sale since they "technically" had the contact with the private investor?
None of these questions seem to be too complicated; although I have worked in the real estate industry for over 20 years.
#1 REBUTTAL Owner of company
Corporate Response To This Post
AUTHOR: Nouveau Riche Corporation - (USA)
SUBMITTED: Friday, November 20, 2009
Nouveau Riche Corporation is not unlike businesses in todays world and market place. The Nouveau Riche Corporation is subject to the opinions of those we encounter and those who encounter us. We pride ourselves on rigorous training for our Independent Sales Associates and a firm commitment to compliance related requirements that apply to businesses today. We maintain an A- rating with the Better Business Bureau, one of the highest ratings they issue. We are proud of our product, the people who use it and the success they achieve.
We created Nouveau Riche Corporation to teach professionals and entrepreneurs how to invest in real estate and thereby improve their lives as they create wealth. Our education is our product, and our Real Estate Investment College curriculum is based in Instructional Systems Design (ISD), which is the same system and process used by universities across the country. This teaching design method accelerates learning and maximizes retention and has been proven time and time again in institutions of higher learning. We have also developed a Best of Breed, world-class team of Instructors and curriculum that teach and inspire our students to improve their knowledge; their financial situation or both. We believe in the quality of our education, and invite anyone to join the thousands of people who already have and check it out for themselves.
Negative postings you find here and in the blog world of the Internet we see as unfortunate comments made most often by uninformed, misinformed or anonymous individuals. We all know that anyone can post anything on this website and elsewhere on the Internet, and they can do it anonymously. It is possible that these postings come from people that want to publish misleading information. Rather than get the information they need to form a sound opinion by speaking with corporate staff, these people think it is easier and perhaps fun to spread false information. Regrettably, that happens and sends a false message to unsuspecting people looking for credible information.
We are looking for students who want to learn how to become better at creating wealth through real estate. Everything we do at Nouveau Riche Corporation is designed to give our students the best education possible, the best positioning to achieve success and the support of a community of like minded individuals to work with a student and support and encourage them along the way to financial freedom.
Our students also sharpen their skills and develop the tools necessary to be successful in business and realize that applying the knowledge gained from Nouveau Riche is hard work with no timetable for the success they desire. Our students come from every possible background, all attracted to our message. Some of the success stories, while not always typical, are simply astounding. Our products work!
We market our products via the direct sales model through entrepreneurs titled Independent Sales Associates or Independent Training Associates. We are not an MLM, nor do we offer in any fashion a Get Rich Quick program. We know that it takes discipline and effort to succeed in anything. Those who choose to market our products are not required to purchase any product we offer. We recognize the challenges of marketing and the effort it takes to be a successful sales person by paying a generous commission for sales made but never for a referral.
You can learn a lot about our company by attending one of the frequent and informative presentations held across the country on a weekly basis. You can also learn all about our company at our corporate website: www.nouveauriche.com. All of our contact information is there, and we are always available to discuss any aspect of our company with anyone. Just ask.
Here are some resources of official testimonials that are backed by a form signed by the person or persons making the testimony verifying the information is accurate and truthful. 1. http://www.nouveauriche.com/about/nouveaualumni.htm 2. http://www.newrichnation.com/success_stories/ 3. http://nouveaurized.com/ 4. http://www.nouveaurichetestimonials.com/
You may verify the Nouveau Riche Corporation BBB (Better Business Bureau) rating here: http://www.bbb.org/central-northern-western-arizona/business-reviews/educational-consultants/nouveau-riche-corp-in-scottsdale-az-15005011/
Advertisers above have met our
strict standards for business conduct.