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#123652 - 10/22/06 10:03 AM Belize Scam Warning
terrarealty Offline
Junior Member

Registered: 09/20/05
Posts: 3
Loc: Libertyville, IL
I am hoping other brokers see this before this company stikes again. A firm out of Chicago is approaching brokers to market and presell condominiums for the ARA Macao resort in Belize. They will agree to pay for advertising and 50% upfront for every unit you sell. After the first sale they bailed on us, refused to pay the agreed commission and refused to pay for advertising already spent. We have reported this to the NAR and several other groups.
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www.terracompanies.us
"Deals may come to those who wait, but only the deals left by those who hustle"

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#123653 - 10/23/06 01:18 PM Re: Belize Scam Warning
realestatefla1 Offline
Veteran Member

Registered: 11/10/05
Posts: 1038
Loc: Florida
This a time share?

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#123654 - 10/23/06 06:42 PM Re: Belize Scam Warning
RealtorRusty Offline
Member

Registered: 10/08/06
Posts: 30
Loc: Indiana
Have you reported to the BBB too?

Never know. Could be another one of Daley's shadow organizations! Hired Trucks Part II!!

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#123655 - 10/24/06 10:40 AM Re: Belize Scam Warning
terrarealty Offline
Junior Member

Registered: 09/20/05
Posts: 3
Loc: Libertyville, IL
Not a time share. condo resort.
_________________________
www.terracompanies.us
"Deals may come to those who wait, but only the deals left by those who hustle"

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#123656 - 11/19/06 02:20 PM Re: Belize Scam Warning
Daven Offline
Junior Member

Registered: 08/12/06
Posts: 2
Loc: Texas/Mexico
Okay, this needs to be reported to the media. Have you attempted this? It seems to get better results than any other organization.

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#456125 - 01/03/17 02:06 AM Re: Belize Scam Warning [Re: terrarealty]
ara questions Offline
Junior Member

Registered: 01/03/17
Posts: 1
Loc: Florida
Has anyone heard of this company or its business practices in the past decade? It appears they are back up and running?

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#456650 - 02/16/17 06:08 AM Re: Belize Scam Warning [Re: terrarealty]
barb43 Offline
Veteran Member

Registered: 07/31/08
Posts: 1156
Loc: SW Okla
No, but thanks for the heads up!
_________________________
Remodeling houses & helping tenants get ahead in life since 1983. Licensed Realtor since 2005.


LIMITATIONS: Until You Spread Your Wings, You'll Have No Idea How Far You Can Walk. - despair.com

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