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By Commission or Omissision, It's the Same

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  • By Commission or Omissision, It's the Same

    Someone recently said something about things intentionally not said during sales presentations.

    There has been general agreement, even by a visiting timeshare salesperson, that they are aware that what they are selling for thousands of dollars is also available on eBay, craigslist, and resale sites, and typically can't even get an offer, or a buck, and there is general agreement that those who previously bought timeshares for thousands of dollars are having to pay substantial fees to get rid of them.

    There is general agreement that things are said, or implied, or left unsaid, by salespeople, such that the inference is that timeshares appreciate in value.

    One post this past week said something like "Of course they aren't telling prospects that the same thing they are selling for $20,000 can't get a buck on eBay."

    Whether it is by telling lies (commission), or not telling truths (omission), deceit is deceit.
    RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

  • #2
    Originally posted by JLB
    One post this past week said something like "Of course they aren't telling prospects that the same thing they are selling for $20,000 can't get a buck on eBay."

    Whether it is by telling lies (commission), or not telling truths (omission), deceit is deceit.
    While I agree that deliberate omission is often a lie, I don't think that the salespeople need to tell customers how much stuff costs elsewhere. People need to comparison shop like they do when the buy a car or Tide detergent.

    When I sat through the several hours long, immensely boring TS presentation at Westin Maui, the guy with the totally messed up teeth who said he made tons of money selling these TSs because they are so awesome (and I could never get past his teeth not being fixed if he had that much money....), told us that we could always rent our week because Hawaii is always in high demand - he managed to omit the increases in MFs. At that time, less than 10 years ago, the MFs were $1100. Today they are $2500.

    We didn't buy. They wanted $90K for a beach front 2bedroom. The ocean view units were $68K. I have read that since that time, Westin did away with the ocean front category and now all ocean front and ocean view are the same category. I wonder if anyone bought an ocean front for $90K at $1100.per year MFs that day. Today, they would be paying $2500. per year and might not even get an ocean front room.

    Hey, maybe that is why the salesguy's teeth were so messed up. Maybe past customers were coming back and kicking him in the mouth.

    Comment


    • #3
      Ya know, many people obviously have money to burn and don't want to be confused with the facts.

      Many think it prestigious to buy from a developer at full price. I see it on my Disney DVC forum. Tons of people still buying direct knowing full well they can get it on the resale market for half price, but hey, it's a free country. Right?

      Comment


      • #4
        This is the argument I like to use with all timeshare sales people;

        You want me to pay $10,000 for one week in your timeshare. Essentially, you are asking me to pay $520,000 for a 2-bedroom condominium. For that, I will pay $36,400 a year in “condo / maintenance fees” I would rather go buy a 4-bedroom house, and fully furnish it for that price. You take all emotion out of it, and break it down to a strictly financial decision. You said it though Chris, that their is a prestige thing for some people and they feel a high. If I had their money, I'd burn mine!

        I know, apples to apples so instead I’ll just get a 2-bedroom condominium a block down the street for $250,000 and even if I still pay $36,400 a year in additional fees (and for S&G let’s add $30,000 for property taxes) I still come out ahead.

        The scenario is of course different depending on the property and the area, but the numbers are essentially the same. If you compare the timeshare market to the, and I use the term loosely legitimate vacation ownership there is no comparison. There is NO basis whatsoever for the price except for absurd marketing and advertising costs.

        As a few people have mentioned before, and I have a tendency to agree is that timesharing is a lifestyle.

        Comment


        • #5
          Originally posted by JLB
          Whether it is by telling lies (commission), or not telling truths (omission), deceit is deceit.
          This is very interesting, as the sales person in Las Vegas, said they are not allowed to deceive me as the controlling board don’t like it, which itself seems to also be a lie.

          I have spoken with them over my timeshare and they have said they can’t help me.

          So who is the governing body who will look in to a "mis-sale"?

          I have been mis sold and told untruths to make me sign (over there own actions, not that it wont be cheaper else where), specifilly the below:

          After being told there are maintenance fees and memberships, i clarifitied (alone wiht selling, willing etc..) "so i can just give this up then and stop using it", i was told i can, as it turns out (or seems to be) they done seem to follow through on that....

          As a perosn on the planet i signed, i am the only one who can "unsign" unless they break an agreement, its this "unsigning" is somethign i clarrified before i signed....

          Judge?

          Comment


          • #6
            Originally posted by SFX Group View Post
            This is very interesting, as the sales person in Las Vegas, said they are not allowed to deceive me as the controlling board don’t like it, which itself seems to also be a lie.

            I have spoken with them over my timeshare and they have said they can’t help me.

            So who is the governing body who will look in to a "mis-sale"?

            I have been mis sold and told untruths to make me sign (over there own actions, not that it wont be cheaper else where), specifilly the below:

            After being told there are maintenance fees and memberships, i clarifitied (alone wiht selling, willing etc..) "so i can just give this up then and stop using it", i was told i can, as it turns out (or seems to be) they done seem to follow through on that....

            As a perosn on the planet i signed, i am the only one who can "unsign" unless they break an agreement, its this "unsigning" is somethign i clarrified before i signed....

            Judge?
            joyn tha klub
            RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

            Comment


            • #7
              SFX Group is a very interesting user name to choose.

              Comment


              • #8
                Agreed. I find the user name confusing.

                Comment


                • #9
                  Originally posted by gandalf252002 View Post
                  This is the argument I like to use with all timeshare sales people;

                  You want me to pay $10,000 for one week in your timeshare
                  OK, now do the same thing with $43,000 for a week, cause that's what we were quoted at the Westgate "presentation" last year.

                  Comment


                  • #10
                    Originally posted by Presley
                    SFX Group is a very interesting user name to choose.
                    Is a name i use on all sites, was getting fed up for never remembering usernames so i started to use one i knew from the early 90's

                    "Special Effects Group", fairly archaic now, however not changing something i am used to.

                    Comment


                    • #11
                      Originally posted by SFX Group View Post
                      Is a name i use on all sites, was getting fed up for never remembering usernames so i started to use one i knew from the early 90's

                      "Special Effects Group", fairly archaic now, however not changing something i am used to.
                      It timesharing, it implies a connection with the San Francisco Exchange Company (SFX), a well known and well regarded independent exchange company. If I were the real SFX, I would be concerned about someone using it on a timeshare board.

                      Comment


                      • #12
                        Originally posted by Carolinian View Post
                        It timesharing, it implies a connection with the San Francisco Exchange Company (SFX), a well known and well regarded independent exchange company. If I were the real SFX, I would be concerned about someone using it on a timeshare board.
                        i am not them

                        Comment


                        • #13
                          Originally posted by SFX Group View Post
                          i am not them
                          Just wondering why you took this name then?
                          Timeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms

                          Comment


                          • #14
                            "Special Effects" is still my first thought when I see SFX, especially when it's "SFX Group". I've known a few of those.

                            Comment


                            • #15
                              Legal notice - cease & desist

                              Originally posted by SFX Group View Post
                              i am not them
                              SFX and SFX Preferred Resorts are Registered Trade Marked names of our brand. You have not been given permission to use our brand for any purpose. To avoid legal action, you are required to Cease & Desist further use of SFX as described in it's registered class.

                              Sincerely,
                              Mark @SFX
                              Member Communications
                              SFX Video

                              Comment

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