REALTY TRADE A Subsidiary Of VIRTUAL GROUP INC. Realty Trade sent me a fake offer in order not to issue a refund Orlando, Florida

When I first contacted RealtyTrade they promised to market my Mexico timeshare for 6 months for a listing fee of $1395.  The company stated that my timeshare was worth in between $14500 and $16000.  They also stated that I could expect to sell my property in 2 to 3 months.  I decided to list it with them in August of 2009.

The listing contract stated that I'd get my listing fee refunded after 6 months if I didn't receive at least one offer of $14500 or more.  My property didnt sell in 2 to 3 months, in fact it didnt sell at all.

Only in January of 2010 I received my first offer of $16000.  I emailed the prospective buyer 4 times and still havent received a reply to this day.  I also called RealtyTrade 3 times and they said that they were unable to contact the buyer themselves.  Even the agent I talked to said that she didnt understand why the buyer didnt reply.

However she insisted that the contract has been fulfilled and I wont receive a refund when my 6 months are up in February. 

Of course my certified letter asking for a refund was ignored.

The buyer didnt reply because he doesnt exist.  If the buyer does exist he or she needs to be charged the listing fee and I should get refunded.  In Real Estate if you make an offer you put down a deposit and if you withdraw for no valid reason you may loose that deposit.

The system Realty Trade of Virtual Group uses is just a way to get out of having to issue refunds.  Frankly I still cant believe I was so nave and bought their whole act.  A lesson of over $1000.  Anyone wanting to sell a timeshare please dont sign up with any agency requiring upfront fees.  Your property wont sell and wont see your money again.