This Business Is Not BBB Accredited

Net Management Group

Net Management Group

(313) 202-9544

Net Management Group

535 Griswold St Ste 1110
Detroit, MI 48226-3604
Fax Numbers
  • (313) 731-0307
BBB File Opened: 01/08/2013
Business Category
  • Advance Fee Loan Brokers
  • Real Estate
  • Timeshare Resale and Rental Marketing

F

Mail Returned

Mail sent to the business on 04/09/2013 was returned by the U.S. Postal Service as Undeliverable as Addressed.

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Factors that affect the rating for Net Management Group include:

  • BBB concerns with the industry in which this business operates

Consumers have reported that Net Management Group employs high pressure sales tactics in an attempt to get consumers, typically elderly, to sell their timeshares. Potential customers are asked to sign a contract and to wire money to an account in Mexico before the sale of their property can be completed.

In some cases, consumers have been directed to contact a title company, doing business as Harris Title and claiming to be located in Houston, Texas, to execute a contract and provide advance payment via wire transfer. The BBB serving the Greater Houston area conducted a site visit to the address listed on Harris Title’s letterhead and this location does not exist.

BBB serving Eastern Michigan has conducted a site visit to the address given on Net Management Group’s letterhead, 535 Griswold St., Suite 1110, Detroit, MI 48226. The business does not exist at this location. BBB serving Eastern Michigan contacted the company by telephone to verify their physical address and was told "they could not give out the company’s address".

If you’re thinking of selling a timeshare, the FTC cautions you to question resellers, real estate brokers and agents who specialize in reselling timeshares. They may claim that the market in your area is “hot” and that they’re overwhelmed with buyer requests. Some may even say that they have buyers ready to purchase your timeshare, or promise to sell your timeshare within a specific time.

If you want to sell your deeded timeshare, and a company approaches you offering to resell your timeshare, go into skeptic mode:

• Don’t agree to anything on the phone or online until you’ve had a chance to check out the reseller.
• Contact the state Attorney General, local consumer protection agency or the Better Business Bureau in the state where the reseller is located.
• Ask if any complaints are on file. You also can search online for complaints.
• Ask the salesperson for all information in writing.
• Ask if the reseller’s agents are licensed to sell real estate where your timeshare is located. If so, verify it with the state Real Estate Commission. Deal only with licensed real estate brokers and agents, and ask for references from satisfied clients.
• Ask how the reseller will advertise and promote the timeshare unit. Will you get progress reports? How often? Ask about fees and timing.

It’s preferable to do business with a reseller that takes its fee after the timeshare is sold. If you must pay a small fee in advance, keep the following in mind:

• Never wire money to a foreign country.
• Ask about the company's refund policy.
• Get refund policies and promises in writing.

Don’t assume you’ll recoup your purchase price for your timeshare, especially if you’ve owned it for less than five years and the location is less than well-known. If you want an idea of the value of a timeshare that you’re interested in buying or selling, consider using a timeshare appraisal service. The appraiser should be licensed in the state where the service is located. Check with the state to see if the license is current.

Tips:
FTC Warns Consumers to Exercise Caution When Selling a Timeshare Through a Reseller
Beware of Timeshare Reseller Scams

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to substantiate their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.
BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for three years from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

Net Management Group

THIS BUSINESS IS NOT BBB ACCREDITED

Net Management Group

Customer Review Rating:

There are NO reviews for this business.
Be the first to leave a review!
This business has no complaints filed

Composite Score: