PRZOOM - /newswire/ -
Tampa, FL, United States, 2013/07/24 - The timeshare resale and rental advertiser improves its industry-leading regulatory compliance standards through e-signature authorizations from consumers - BuyATimeshare.com.
BuyaTimeshare.com, the online leader in connecting timeshare owners with prospective buyers and renters, announces the expansion of its online contract verification program to include all timeshare owners who agree to advertise their timeshare for sale or rent on the company’s website. The move is an extension of its current program implemented for Florida-based timeshares and Florida residents, which resulted from new regulatory requirements in the state of Florida requiring a signed contract from consumers seeking to advertise a Florida-based timeshare for sale.
The process involves an online contract, stipulating the terms and conditions for advertising a timeshare for sale or rent on the company’s website, which is sent through an email link to an owner looking to advertise. The owner clicks onto the link, opens the contract, creates an online signature, signs the contract and authorizes the agreement; providing the regulatory compliance required under Florida law.
The program has been so successful that BuyaTimeshare.com has decided to extend it to all advertisers worldwide regardless of where their timeshare is located.
“Obtaining a signed agreement from a potential advertiser has always been a hot topic in the timeshare resale sector and is one of the primary criteria which separates the legitimate operators from the shady ones,” said Wesley Kogelman, president and CEO, BuyaTimeshare.com. “In conjunction with the American Resort Development Association, Florida led the country in legislating this requirement to protect consumers and it has worked so well for us that we wanted to extend this to all of our clients.”
The procedure is conducted in real-time between the consumer and a company account executive, who walks the timeshare owner through the process. The email with the link is sent to the owner, who reads through the agreement while the account executive is on the phone with them in case they have any questions. Only after the contract is signed by the owner does the process continue towards payment of the advertisement.
“We initially developed the process before Florida made it mandatory. At first, our staff was hesitant because they didn’t know how it would affect us but it has been so successful that we saw the need to expand it,” Kogelman added. “Other states are discussing similar legislation. Colorado has just enacted it and it’s being reviewed in South Carolina and Massachusetts, so it’s just a matter of time before it is required across the country. That said, we have also extended this to our international advertisers as well.”
BuyaTimeshare.com is also the only for sale by-owner advertising company which discloses advertised timeshares which have sold, also in accordance with Florida law, so for more information about advertising timeshares for sale or for rent, visit the website.
BuyATimeshare.com is an internet advertising and marketing company for timeshare owners who seek to sell or rent timeshare by-owner. The company has been in business since 2000 and was ranked by Inc. Magazine as one of the fastest-growing, privately held companies in the country making the prestigious Inc. 5000 list in 2010 and 2011. BuyATimeshare.com was also listed as one of BusinessNH Magazine’s Top 10 Companies to Watch in 2009. The company is a member in good standing with the American Resort Development Association (ARDA), Canadian Resort Development Association (CRDA) and Cooperative Association of Resort Exchangers (CARE).