Have you ever been called or sent a letter in the mail inviting you to a timeshare owner’s “update” meeting or some other unofficial meeting? If so, you’ll definitely want to read this article before going to your next one.
There are lots of companies in the timeshare industry that are full of deceitful people & con artists. That’s no mystery for most people. There are also some companies full of great people looking to help you.
This article should help you determine whether or not you should go to the next meeting you’re offered or talk with someone over the phone regarding your timeshare ownership.
First and foremost, you NEED to know who you’re actually dealing with.
It seems like almost all scam companies will pretend to be someone else or a different organization when they call you or send you a letter.
They will tell you something like:
“This is Mark calling with ‘resort services’ (or ‘customer relations’) and I would like to invite you to our upcoming ‘owners update meeting’ (or ‘annual owners conference’).”
Using this type of terminology is very vague and broad. They don’t mention who they actually work for until pressed for that information. People that apply this tactic in their marketing centers try not to bring attention to the fact they are not your resort nor are they affiliated with your resort.
Deceitful companies such as these know that if you find out they’re just some third party organization looking to push a terrible sales product, you’ll never come to their meetings.
If you’ve been to these types of meetings you know that most of them operate exactly the same way. They invite you to a restaurant or hotel for breakfast, lunch or dinner (usually the latter) and then gather information about you and your ownership on a sign-in document when you arrive.
They then use this information along with whatever negatives you’ll provide them about your current ownership just to turn right around and tell you their product will fix all of your issues and the BEST part is…
They’ll even let you “trade” your timeshare in on the “new” travel product so you can get out of the timeshare you own now. All the while receiving a “discount” on the “new” and “improved” product.
You’ve maybe even been to the meetings where they have you “write a letter to corporate” to see if they can undo the decision you supposedly made years ago by not getting “the letter” to switch from weeks to points.
This is all bogus and a made-up tactic to do a time close on you. It creates urgency for the clients to make a decision to switch now because “you’ve already denied it once and we’re opening it back up for you. If you don’t take the offer today your file will be closed forever and you’ll never see this deal again. You’ll have to pay full price which is thousands more and worst of all you won’t be able to trade in or exit your timeshare. You’ll have to pay for both!”
If you have been to one of these dog and pony shows you know EXACTLY what we’re talking about.
Regardless of how nice someone sounds on the phone or how fancy a letter may be…DO NOT DO BUSINESS WITH THESE TYPES OF PEOPLE.
If they really had a great product and a great business they would announce themselves for who they are in the beginning.
You should also have NO issue finding information about a company online.
The #1 thing you should look for is if a company is accredited with the Better Business Bureau.
From there, you can read reviews about their company and see how past clients have weathered doing business with that particular organization.
If the company has legitimate backings to support their claims made over the phone or through their letters, you can make the personal decision to meet with them or speak to them further.
In our experience here at Timeshare Help Source, our opinion is that most of these companies are looking to make fast money on gullible people.
Be cautious. Be smart.
Always take time to think about your decisions. Don’t let anyone pressure you.
If you have questions about this article or anything related to exiting your timeshare, contact us by clicking here.