Timeshare Resale and Rental Marketing
Beach Property ManagementInformation and Alerts
Alert Details
This business has 1 alert.
Alert
On October 3, 2017, BBB received a report in BBB’s Scam Tracker alleging Bay View Property Management contacted a consumer to purchase their timeshare for well above current marketplace value. The consumer alleges the business required them to wire funds to a bank account in Mexico as a part of the transaction. The consumer also provided BBB with a copy of the purchase agreements which shows Escrow One, Inc. of Seattle, WA, whose business review can be viewed by clicking here, https://www.bbb.org/northwest/business-reviews/escrow-service/escrow-one-inc-in-seattle-wa-1000047208, as the acting escrow company. BBB has also received a copy of a purchase agreement from another consumer alleging Bay View Management, Inc. directed them to Benchmark Escrow, Inc. whose Business Review can be viewed by clicking here, https://www.bbb.org/northwest/business-reviews/escrow-service/benchmark-escrow-inc-in-seattle-wa-1000047198.
BBB called Bay View Property Management to find out what floor they were located on at their advertised location of 1601 5th Ave, Seattle, WA. A representative of the business told BBB they are located on the 4th floor, Suite 403. BBB confirmed Bay View Property Management is not located at their advertised address in Seattle. Bay View Property Management is not licensed as a broker or property manager in Washington State. Escrow One, Inc. and Benchmark Escrow, Inc. are not licensed as escrow agencies in Washington State. On October 3, 2017, BBB sent a letter to the company requesting additional information as to their location and licensing. BBB is awaiting a response.
On November 29,
2017, BBB received a report in BBB’s Scam Tracker from a consumer
alleging Bay View Property Management is now also operating under the name
Beach Property Management. The consumer alleges the company emailed him
an offer to purchase his timeshare for well above marketplace value. The
consumer was sent an escrow agreement from Escrow Solutions, whose Business
Profile can be viewed by clicking here, https://www.bbb.org/northwest/business-reviews/escrow-services/escrow-solutions-inc-in-seattle-wa-1000048580.
BBB confirmed the advertised address for Beach
Property Management does not exist. BBB found the website for Beach
Property Management was created on October 19, 2017 by a person in
Mexico. This person also registered the website for Escrow
Solutions. Beach Property Management is not licensed as a timeshare,
broker or property manager in Washington State.
BBB recommends verifying the licensing of all real estate and escrow companies before doing business. If you are a victim of a timeshare resale scheme, BBB encourages you to report your experience to BBB’s Scam Tracker, https://www.bbb.org/scamtracker/northwest and file a complaint with the Federal Trade Commission at www.ftc.gov.
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