Price Range is puzzling ??

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Re: Price Range is puzzling ?? (by KC):

patrick172 wrote:
ken1193. I believe your point is "exactly what I discussed". Behaviorial Finance covers this topic in extreme and enlightening detail. My post gave specific anchoring examples. Now anchoring is not the only mind game that can affect pricing; you could also say that the pain of loss associated with self reflection on what one spent on a time share is just as strong a motivator. Regardless, I said what you claim no one said, just go back and read it. For the original poster, I'd go get a book on Behaviorial Finance and learn why we people are wired for lunacy. Knowledge here is ultimate power.
It's all in our head. That's what I said... :-)

I did indeed read your post before offering my own input. With all due respect, while not seeing to engage in debate or argument on the matter, I don't agree that our respective postings were / are the same thoughts at all, although there may be some overlap in the conclusions. I don't know anything about "anchoring" or "Behavioral Finance", nor do I claim to. All I can (and hereby do) claim is nearly 30 years of timeshare ownership, experience and the many first hand observations in owner / seller / buyer behavior which have been overtly provided to me during the past three decades of personal involvement with timeshares.

My intended points were (and remain) straightforward and quite clear:

1. The real, current market value of a timeshare simply "is what it is", like it not, at any given point in time in the resale marketplace and ...

2. What price a developer-direct purchaser may have paid for a timeshare has absolutely NO relevance or meaning to an informed prospective buyer in the secondary market, nor to determining the actual "market value" of the unit/ week in the secondary marketplace.

I don't need to return to college for any more degrees, nor read "Behavioral Finance" in order to know (or to report) that which I have already witnessed for myself first hand for nearly 30 years now. ;-) Best regards.