Smartly Identify the Lies in Timeshare Sales Presentations

The timeshare industry is one of the fastest growing industries in the world today. Currently, there are millions of Americans who own timeshares and the number is increasing over time. But some of these owners testified that they are unhappy with their ownership and they believe that they were told lies by timeshare salespersons. For some, what was presented during the sales pitches were never realized after the purchase. And because of these lies many owners want to get out of their timeshare contracts. In this article, we will tackle some of the most common lies you can encounter in a timeshare sales presentation.

Timeshare Can Save You Money

Timeshares are generally marketed as a great vacation package that will save the money of potential buyers. Traditionally, timeshares trim vacation costs. But in reality, they often prove to be a costly expense. In timesharing, you have to pay annual maintenance fees which usually increase over time.

Timeshare is a Financial Investment

Some people purchased timeshares with the idea that owning a timeshare is an investment. The said idea is usually used by timeshare agents who are quick at reaping profits. Timeshares are not considered as financial investments because their worth decreases in time.

Timeshares Can Easily be Rented or Sold Anytime

Even in good economic times, unloading a timeshare can be frustratingly hard given the flooded timeshare resale market. Renting or reselling a timeshare means competing with thousands of owners. So there is a great chance that you will be asked to give it in a considerably low rate.

Exchanging a Timeshare is Possible All the Time

Timeshare marketers will make you believe that your timeshare week can be traded for anything, anywhere, anytime. The truth is exchanging can be very tricky. Trading timeshares undergo a complex system that determines the trading power between two resorts. This system matches similar units. For example, the owners of a peak season unit at one resort can likely trade for a peak season unit at another resort. However, all peak seasons are not created equal and your ability to exchange for what you want and when you want it is never certain.

The Timeshare Offer is Only Good for Today

All owners who have attended a timeshare sales presentation have heard of the standard sales line that the deal is only good for today. This creates a sense of urgency for the attendee to get the package. Of course, this is a lie and you do not have to act today. Any timeshare will be available tomorrow as well as the salesmen. They will never refuse when there is so much commission on the line.

Those points mentioned are just some of the most common lies you will encounter during a timeshare sales presentation. There are still other lies that you are likely to encounter that can lure you into buying one. So beware of these before attending any sales pitches and signing any timeshare contract. Take note that there are more and more owners who are trying to get rid of their timeshares due to unrealized promises during timeshare sales presentations. Some owners even hire a timeshare transfer company such as the Transfer Smart just to get rid of their units.