Timeshare vacation properties are a strange market: there’s always someone ready to try to sell you fractional ownership in a vacation property, but it’s much harder to unload a property when you don’t want it anymore. That’s why, if someone approaches you to help sell a timeshare, you should be wary and know who you’re dealing with. [More]
Most Consumerist readers consider themselves savvy and resistant to marketing messages and sales pitches. Even then, be cautious when accepting free stuff or cash in exchange for sitting through a time-share presentation. One couple received such an offer while shopping in Puerto Vallarta, Mexico. They say that they were offered $450 to attend a 90-minute presentation, and after 8 hours of sales pitches signed up for a timeshare that they didn’t want. [More]
Charlie wrote to us from his vacation, where he got a hundred bucks for ninety minutes of his time. Yes, he sat through a timeshare pitch. And he wonders, have others in the Consumerist community sat through pitches in exchange for cash or free trips?
How would you like to be 1000% more awesome? You will, after you read the secrets to Timeshare selling success over at the Timeshare Coach blog. It’s written by the author of ts by the author of Zero Resistance Selling: Achieve Extraordinary Sales Results Using The World-Renowned Techniques of Psycho-Cybernetics. On charming, ” Charm to Timeshare Sales is like Bread to Butter, put them together and it tastes so much better. Bread without butter is dry.”
Even the hearty television presence of Alan Thicke couldn’t help Consolidated Resorts, Inc., a company owned by Goldman Sachs that sold timeshares, from going belly up. An anonymous tipster emailed us yesterday to say that they “just laid off most of their staff, including all collections, customers service, marketing, information technology departments.” And according to this insider, this is good news for consumers.
Tim thought he was entering an innocent giveaway at his local Subway in Warrenton, Virginia earlier this month. Nope. It was just timeshare bait. We wish the Subway would have known better than to allow the dropbox in their store to begin with, but after reading Tim’s story you’ll know what to watch out for should you run into a similar contest.
Alex Moskalyuk has a great post with all you need to know about timeshares. Timeshares are condos divied up among a pool of owners, each of which owns a slice of it for usually one week of the year. Alex is mainly of the hey, a discount weekend in Vegas ain’t bad for the price of listening to a salesman. He goes over how your basic timeshare presentation breaks down, and how there’s different kinds of timeshares. For instance, in some situations you actually save up and use “points” and the “point cost” of a timeshare varies based on “peak” or “non peak” times of the year. He sees just about only one time when they’re a good deal: