If you've lived anywhere in civilization in the last couple of years, no doubt you've heard horror stories about resale timeshare scams. You're ushered into a room, and companies do everything they can bordering on keeping you hostage to make you buy. In general, the public impressions of the industry are resoundingly negative. How can you avoid getting taken advantage of in the timeshare industry?
Well, first, use your head. If you hear about something that sounds too good to be true in the resale timeshare business, it probably is. Timeshare companies will promise you just about everything and anything to get you to come to them. For example, you might hear of an offer that gives you free tickets to Disney World, plus a three day, two night stay at a "beautiful resort" just as a thank you for listening to a 90 minute presentation and offering some feedback.
Now, if you think about it, that sounds too good to be true, doesn't it? Yes, it does.
However, what you usually don't hear is that the person you're talking to is going to be taking your money and selling the rights your tour to some other company, thus "stealing" from you. In addition, you may very well not get some or even any of the things you were promised, including a reservation.
That "upgraded" room that you paid for on the ocean might not even exist by the time you get to your hotel.
What about that "90 minute tour"? Well, that's usually really about six hours long, and it's not a tour at all. Instead, it's hard-core negotiating reminiscent of a hostage situation.
They'll start out by telling you how much money you're wasting by not owning a timeshare. They position it as you'd have to be some kind of an idiot to not buy the timeshare immediately.
Then they'll throw out some hugely inflated number that you don't even spend on several years' worth of vacationing. And even if you could use this timeshare at that rate, it's not likely that this business is going to be around for that 20 years, because of course they are a fly-by-night operation.
If you muster up enough courage to tell the first salesman "no", they'll look at you like you're stupid and bring in a "closer". The closer will then throw another offer at you that is usually less than half the price of the first offer to make you think you're getting a deal.
It's true that not every timeshare company is one of these fly-by-night operations. However, most of them are. Don't fall for one of their "tours," because they're not only not a great deal, but you're wasting your time and maybe your money simply to be badgered by people who are out to make money off of you.
If you do go, stay firm. Don't fall for any of their tactics and if you don't want to buy, don't. You should never let someone pressure you into buying something you don't need or want. Not only will it feel like wasted money, but it really will be, because you might walk away with nothing after you've handed over your cash. It's just not worth it, is it? - 2364
Well, first, use your head. If you hear about something that sounds too good to be true in the resale timeshare business, it probably is. Timeshare companies will promise you just about everything and anything to get you to come to them. For example, you might hear of an offer that gives you free tickets to Disney World, plus a three day, two night stay at a "beautiful resort" just as a thank you for listening to a 90 minute presentation and offering some feedback.
Now, if you think about it, that sounds too good to be true, doesn't it? Yes, it does.
However, what you usually don't hear is that the person you're talking to is going to be taking your money and selling the rights your tour to some other company, thus "stealing" from you. In addition, you may very well not get some or even any of the things you were promised, including a reservation.
That "upgraded" room that you paid for on the ocean might not even exist by the time you get to your hotel.
What about that "90 minute tour"? Well, that's usually really about six hours long, and it's not a tour at all. Instead, it's hard-core negotiating reminiscent of a hostage situation.
They'll start out by telling you how much money you're wasting by not owning a timeshare. They position it as you'd have to be some kind of an idiot to not buy the timeshare immediately.
Then they'll throw out some hugely inflated number that you don't even spend on several years' worth of vacationing. And even if you could use this timeshare at that rate, it's not likely that this business is going to be around for that 20 years, because of course they are a fly-by-night operation.
If you muster up enough courage to tell the first salesman "no", they'll look at you like you're stupid and bring in a "closer". The closer will then throw another offer at you that is usually less than half the price of the first offer to make you think you're getting a deal.
It's true that not every timeshare company is one of these fly-by-night operations. However, most of them are. Don't fall for one of their "tours," because they're not only not a great deal, but you're wasting your time and maybe your money simply to be badgered by people who are out to make money off of you.
If you do go, stay firm. Don't fall for any of their tactics and if you don't want to buy, don't. You should never let someone pressure you into buying something you don't need or want. Not only will it feel like wasted money, but it really will be, because you might walk away with nothing after you've handed over your cash. It's just not worth it, is it? - 2364
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Do you have a timeshare and want to get rid of it? You are NOT alone. Watch my new free video + discover how to sell a timeshare in 1 week! You can resale timeshare with no work, no waiting and no obligation. They are not telling you everything...
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