90 Minute Timeshare Pitch in 3 Hours.

You can have a trip to Hawaii, 3 nights in Jamaica, two tickets to a Vegas show; all you have to do is sit through a 90 minute timeshare presentation!  How many of you have heard this pitch and actually signed up to do it?  My name is Bonnie DeShong and I drank the timeshare kool aid.

I thought I was in control of the situation.  I was offered free accommodations in Orlando for 3 nights, 4 days and all I had to do was sit through that 90 minute presentation.  I wanted to go to Orlando to meet up with family so why not?

We got to the resort and the room was old but clean.  Our presentation was at 7:30 the next morning which was great; we get it out the way and are at the theme parks before 10.  We met our agent and she was wonderful and enthusiastic.  She showed us the property and explained how owning a timeshare was the best investment in the world.  I could see the glass in front of me but I wasn’t going to drink.

We get back to the presentation area and the numbers are spread out, including taxes it would be a 30 plus thousand dollar investment.  “No,” I say “I don’t want that.”   The manager comes over and “Let’s Make a Deal” begins.  After many negotiations the price is down to $6500, with a week every other year, and taxes on the property are next to nothing. We are now two and a half hours into the 90 minute presentation.  The glass is in my hand and my lips are on the rim.  I rationalize that I spend that in a year on frivolous things.  I take a sip.  I get all the way to the finance department and see it all in black and white, my stomach turns, I throw the cup away from me and yell “NO, TAKE THIS AWAY FROM ME.”  Well, perhaps I wasn’t that dramatic.  The manager comes in to reassure me that all is well.  My eyes and mind are clear and the answer is still no.  3 hours into the 90 minute presentation I leave out the room feeling drained.

In all fairness, everyone involved were very nice and though frustrated, understanding.   A good friend of mine (Ja’Vonne Harley) tells me all the time that “NO is a complete sentence.”  Remember that as you agree to the timeshare pitch.  If you are not going to buy or can’t afford to buy, say no up front, get your things and go.

I would love to hear your timeshare stories, pro and con.  Post your experiences on The Traveling Eye Facebook page.  Don’t forget to #thetravelingeyeshow.

Until next time, keep your EYE to the Sky!

Bonnie DeShong

 

Comments

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  • Hey Bonnie,

    Listened to you for years on GCI.

    We got a timeshare years ago and try to use the hell out of it, but the yearly maintenance costs and fees are what makes it silly after the initial investment. We've gone on many subsequent presentations and have seen one thing pretty clearly, they can sell them for whatever they want.. or can get. People who quit paying get foreclosed on, just like a house. We had one place start at 16K and come down to $3500, which was a foreclosed deed.

    The worst part is there is no getting rid of them. Good for you for seeing the red flags.

  • In reply to Bumsteer:

    Thanks Bumsteer

    Thank you for being a loyal listener. I appreciate you being apart of The Traveling Eye family.
    I am so glad I came to my senses before signing. One thing that was a red flag was, they kept telling me I could refinance to get the interest rate lower. After thinking about it, what would I be refinancing? I would have to take a personal loan out, pay off the timeshare, and still be debt. There were also a lot of extra fees.

  • Bonnie, did you get the free accommodations and was it a decent place?

  • In reply to Jimmy Greenfield:

    I did get the accommodations for free. The room I was given was in the oldest building and it reflected it. All the appliances were very old. There wasn't any housekeeping during my stay so we had to clean up after ourselves. The rest of the property and the timeshares they showed us were very nice. Would I go back there to rent a place to vacation? I don't think so.

  • Interesting. Consumers need to know many things about timeshares and timeshare sales pitches. Heck,, I wrote two books on them and have blogged about them for years now. Here's the top things:

    1) You can purchase timeshare for far less money on the legitimate resale market as opposed to at the presentation
    2) Tell the salesperson (Ii used to be one) that you want the final price presented at the end of the pitch, no price drops, no special deals, etc. If they can't abide by that rule, say no and leave at the end.
    3) Most times, consumers stay at a hotel or an older part of the timeshare resort to allow comparisons to the timeshare they're showing you.
    4) Stay away from anyone using the words free, perfect, always and/or never.
    5) Any salesperson who pitches "investment" should be thrown out of the business, any consumer who buys it as an "investment" is foolish. It's nothing more than an alterative to renting hotel accommodations year after year.

    For more information, check out my educational site, Timeshare Insights.

  • In reply to tsauthor:

    Thank you tsauthor. All of the buzz words you mentioned were used. Your tips are eye opening for many. Thank you for sharing them!

  • In reply to Bonnie DeShong:

    Happy to help. Please let me know if you or your readers want any other tips and practical information now that summer vacation season is here and lots of people will be facing the salesperson on a "three hour tour."

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    Always love reading peoples tales of horrid timeshare presentations (a morbid fascination I know). It just makes it so much more satisfying when that same owner discovers the resale market and realizes they can buy that exact same timeshare from an existing owner for literally pennies on the dollar (if not free from an owner who just wants out). Adopt a Timeshare from an existing owner, dont pay retail!

  • Hi Tug Timeshare

    Most people don't know that that option is available. I am learning so much. Thank you!

  • Its really a good blog on timeshares for sales. I appreciate your article. Its important to get god timeshare for easy way to enjoy your vacation by buying a guest house . This blog is really helpful to give a light in this issue. So thanks for sharing all that important information.

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