On Monday, August 25, 2014 9:58:02 AM UTC-4, Moe DeLoughan wrote:


The Company is called Exceed. This is their "smart homeowners program".

http://www.prnewswire.com/news-relea...226123371.html



From a homeowner's perspective, I don't like this. You're committing

yourself to a legal obligation in exchange for fairly small amounts of

money doled out at the company's discretion. If you never get the

cash, you're still saddled with the legal burden, unless you take them

to court to break it.



Nonsense. If they don't give you the gift cards, you can do anything you please, you have no obligation to them. They aren't going to sue you to
enforce a contract they breeched, when
they have no case and it's $300. It's like saying some guy shows up to buy your car, you make a contract, he agrees to pay you by Sat, he leaves and
never pays. Clearly you're not obligated to give him the car and can sell
it to someone else.



Some online info about it:



A new real estate scheme is alive and active on the streets of

Albuquerque and on the electronic thoroughfares of the Internet as

well. But is the scheme a scam? It certainly appears to be another

example of the old rule � if it sounds too good to be true, it

probably is...

http://www.kob.com/article/stories/s3492931.shtml





...I felt that something was really off due to them not sending any

gift cards out to the homeowners who do indeed sign a lifelong

contract to limit their use of brokers to Exceeds list of them. And in

the fine print, they give themselves a possible 4 months longer than a

year before any gift cards are sent! Wow...sounds like a scam. So I

called one of the brokers on their list of supposedly contracted

brokers with them and I spoke to the owner. She had never heard of

them. Then I walked into the Centurt 21 office and they too had never

heard of the program! Spoke to the office manager. So that is two out

of four on their list of only four brokers for Readding....never heard

of them! That is fraud to represent that they are contracted with them

to homeowners and the homeowners end up signing a lifelong contract to

limit their use of only these brokers.

http://www.ripoffreport.com/r/Exceed...ego-et-1134090

In fairness to the company, they don't say that they have agreements with
all those realty companies, everywhere. They have a box where you can put
in your zipcode and check your area. I did and for NJ they had no participating
firms. So, I don't think you can claim outright fraud. They probably do
have agreements with realty firms somewhere. But the fact that nothing at
all comes up for an urban area of NJ also tells you something.

Also, I don't see anything on the website that says what these gift cards
actually are. As David pointed out, $300 in a VISA card is one thing. $300
in discount coupons for a dry cleaner or a hot dog stand 25 miles away is
another. The fact that I don't see anything about the actual cards is a big
red flag to me.

Also, right now they have no realty firms in NJ. Suppose they did have
4 good ones right now. Then 4 years from now, I want to sell my house and
they only have one shyster. Apparently you're stuck with the shyster.
Anyone want to sign up?