No Sales Ploy. Yes, these units exist. Are you kidding?
We went to a TS sales presentation and got the hard sale as everyone else has. When we said no and we're about to leave, the sales manager, "checked in the back" and found several what he called "owner returned" units. I called them foreclosures. The pricing is drastically lower than the initial quotes.
Question, are we being scammed with a sales ploy? Do these units exist? The developer does finance all sold properties...
I have been a long time owner at all of the Gold Key Resorts, at one time or another. All my purchases have been resales. Most were prime or shoulder weeks. I am a current owner at Ocean Beach Club. I got an offer close to two years ago from Gold Key Resorts to attend a tour of the new OceanAire, as a valued Gold Key Owner. There was a nice cash incentive to tour. I live locally and I had wanted to see the OceanAire units.
When I emailed to schedule my tour, I was told that I was not eligible to take advantage of the offer. I promptly wrote Gold Key Resort's corporate offices regarding the offer to attend a tour, and then being told that I was ineligible and wanted to know why. I was called within a few days and was asked when I would like to attend the promotion. I have a small presence buying and reselling timeshares in Virginia Beach. At the time of the tour, I owned four Gold Key timeshare weeks. I believe that I was initially denied the opportunity to attend because all were resale purchases. Purely speculation on my part.
Resort - Impressive. I believe the salesman quoted a price of $130,000 for a July week. :rofl: He said that this is a place Pharrell Williams stays when in town. Name dropper.
I shared that I bought and resold VA Beach timeshares. I just knew that I wouldn't get the hard-sell. He tried though. I found the tour and subsequent sales pitch interesting.
To make this long story shorter, I will cut to the chase.
He said that he knew I wouldn't buy retail, but that he believed that they had a couple of units that had been traded in that I might be interested in. I told him to show me what he had. He quoted me a similar price to the one you got for a similar week in a 2BR unit. No, thanks. He had my timeshare weeks printed out. They offered me a deal on trading in three of my summer weeks at various Gold Key Resorts in exchange for this 2BR OceanAire off-season week (41, I believe), plus $12,000 cash. I thanked him for his time and picked up my check. I will not go on these tours while on vacation. It takes away too much vacation time. But I had an afternoon with nothing planned and I got to see the new units, and I was well compensated for my time.
They take trades on upgrading your ownership within the Gold Key Resorts group. These were probably what you were offered. He had a nice printout of that inventory that he showed me and the pricing for those weeks.