I was a Century 21 agent at the time I went to 4 day the Mike Ferry Seminar in San Jose in 2011. My manager who had 2 of her own houses foreclosed recommended highly about them, so I went. She was big time loser to say the least! Anyway, after the 4 days seminar I was under the impression that I would definately make tons of money if I subscribe the coaching program that they were selling. The representer was the son of Mike Ferry. He was smooth and likeable guy, but a big time scam artist at best! I almost cried after hearing him saying that only he cares was us. (Stupid me) Unfortunately I believed him after the seminar and I sign the 1 page contract that says I am obligated to continue coaching for 6 month no matter what and they took $295 a month for 6 month automatically from my bank. One of my coworker signed too. She was later told me that she regret that she signed the contract that she has no choice but paying the 6 month fee even though she wan’t getting nowhere with coaching. The coaching session lasted only about 30 minutes per week. 3 or 4 Weeks passed by and I was very frustrated and depressed because I tried what ever the coach told me to do and was not getting no where. One day on a coaching session, I told the coach that I was running out of people to call. She replied that I should open a phone book and start dialing. After I heard that I knew I was scammed. So I called the coach next day and told her that I was no longer interested on getting coaching and will stop paying the monthly fee. She called back saying that I was under the contract and obligete to pay full 6 month even though I was not getting any coaching for the next 5 month. I was pissed and called my bank to stop paying the fees. Several weeks later Mike Ferry Organization contacted a collection agency and try to collect the remaining payments totaling $1298 for the coaching that I didn’t want and I stopped getting. To these days collection agency after collection agency calling me and harrassing me and sending letters after letters saying I owe this money to them. This is the biggiset bull shit I ever encountered in my life, period. Please Do Not get bit by this shark! Stay away as far as you can from Mike Ferry Organization. These people are the worst kind that american business can offer.
This complaint and/or review was posted on HolySmoke.org on 16:42 pm, January 07, 2019 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/mike-ferry-organization-review/.
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