Report Abuse

Re: Open Letter to Steve Cloobeck, Diamond Resorts International CEO

[Q=dan825] [Q=jayjay] [Q=paulah172] Its one thing when they sell you something with "their word" and what was promised during the transaction, and another what is stated in the contract . Idk do you have hours to sit and read every word on a contract before you realize some things are not extactly what was stated to you ? [/Q] Unfortunately, what is said in a timeshare presentation by a timeshare salesperson holds no water in a court of law (old saying = "if a timeshare salesperson moves his/her lips he's/she's lying") .... it's only what's in the written contract that counts. So yes, if you were promised certain things in the verbal presentation then you need to read the written contract before signing on the dotted line to make sure those promises are in that contract.[/Q] I have bought and sold at least six different brands of timeshares including DRI. In all but one case, I was able to take the contract paper work out of the sales presentation and over night make a decision on the purchase. The Marriott was the only timeshare presentation that would not allow me to take the contract out of the room. I just chose not to purchase. It is unfair to make the statement that if a salesman is moving his/her lips they are lying. I have never been promised something by a timeshare salesman that was not in the contract. I don't think I am just lucky. I believe the lying salesman is the exception and not the rule. Just in case you may think so, I am not a salesman but an engineer who makes good use of his timeshares. They are very poor buys if you don't use them. They beat the hell out of staying in a hotel when you have a family. Dan Bowman[/Q] Yes, but you READ your contracts .... most people don't, and just by reading this one thread you can see that many people were made promises that were not kept by a timeshare salesperson = they didn't take the time to read their contracts with all the promises intact. I do agree with you that timesharing is a great product, especially if bought resale (I previously owned 8 weeks) and we were able to visit many beautiful areas of this great country via that ownership/exchanges, however all (but one) was bought on the resale market .... we sold them (for what we paid resale) after we stopped traveling, however that was before the economic crash of 2007. If we were still traveling we would definitely get back into timesharing (resales) .... it's a buyer's market and you can buy into luxurious resorts (resale) for pennies on the dollar of developer sales .... many timeshare owners paid a developer thousands of dollars that they are now selling for pennies on the dollar in this awful economy = luxuries are the first thing to go .... AND ever rising yearly maintenance fees have overridden what most owners can get for rentals.