Post reply
Original Message:
The "fraud" starts with the salespeople (by Mike N.):
ronp85 wrote:Unfortunately, people fall for the lies told by the TS sales staff. There are too many to list, but I'm sure you know the common ones.i guess everything to do with timeshares is just a fraud and we have to live with it---thanks again
It never seems to amaze me that people will pay tens of thousands of dollars on a purchase based on the "word" of a salesperson. Those same people probably spend more time researching a new car or even a big screen TV than they do researching a TS purchase.
If a car salesmen gave you false information and you ended overpaying for that new vehicle, would you cry fraud? It would probably never happen because you already did the preliminary research.
Many TS owners including myself, bought my first unit from the developer. Did I overpay? In hindsight, YES. Did I get "taken"? No, I bought a week at a resort which I can use every year as long as I continue to pay my MFs. At no time has my unit been unavailable for me to use.
The resort has change policies regarding exchange companies, reservation changes, etc, but the bottom line is that I contract I signed allows me to use my week at my home resort.
The fraud continues when someone wants to sell their TS and falls for more lies from people who claim they can sell them for big bucks. Again, if you were trying to sell a 5 year old car, that you knew was only worth $5000, would you believe a person who told you that he had a buyer waiting that was willing to pay you $15,000, but you had to send him $1000 first?
The bottom line is while you are trying to sell or give away your TS, continue to use it. Learn how to optimize your exchanges, or the best way to rent it. Offer it friends, families and/or co-workers.
Good Luck.