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Sometimes it's better to buy from the brand [says Timeshare Salesman]

Discussion in 'Buying, Selling & Renting Timeshares' started by maxpot46, Feb 2, 2019.

  1. tombanjo

    tombanjo TUG Member

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    if you claim ben and jerry's is 50% sugar, one would like to see some data to back that up
     
  2. maxpot46

    maxpot46 Guest

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    This was an awesome post, thanks a ton for this contribution!

    You are correct that I assert a ROFR of 50% only for the most premium properties. For other properties in areas with a high supply of timeshare units, I typically estimate the ROFR to be around 20-25%.

    My proposition is that it's not better to purchase resale 100% of the time. If it's only in 1% of the cases, then all the better, if my product is in that 1%.

    Yes, I'm referring to expensive, premium products such as you describe. You excellently capture why someone might prefer to own such a deed, but I'd add that another motivation for purchase might be simply to have one of those rare deeds that actually does retain a high percentage of equity value.

    I will also point out that if you want to resell within 20 years and maximize your return, it would behoove you to own in an area with strong real estate values and a low supply of timeshare units.
     
  3. maxpot46

    maxpot46 Guest

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    This is interesting... what does PCC stand for?
     
  4. DannyTS

    DannyTS TUG Member

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    this conversation makes me a bit uncomfortable , a bit like sitting through a timeshare sales presentation. We are supposed to feel a bit stupid due to our education, what we own (junk apparently, not Ferraries), our financial illiteracy (we do not understand what a great deal we miss... if we only knew the details).

    The difference is, it seems that I am not getting my $100-$150 incentive to waste my time. Where can i send my bill?
     
    flnewbie, KarenP and paxsarah like this.
  5. maxpot46

    maxpot46 Guest

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    RCI Last Call Vacations are insanely awesome, an aspect of ownership that I stress heavily in my presentation. But these rates aren't available to renters. I think assuming an average rent of $220/night + taxes is very fair considering the average hotel ADR of $140 for a studio whereas timeshare typically offers 1-bedrooms of higher quality. It can obviously cost a lot more than that, and I am looking at AVERAGES. It's not fair for me to point to the very highest prices I can find, and it's not fair for anyone else to point to the very lowest prices they can find. Outliers don't disprove trends, else we couldn't assert that Chinese are short because Yao Ming.
     
  6. e.bram

    e.bram Guest

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    Quote "Of course not, nor do they need to. I prove propositions by providing evidence of buybacks at that price. Proving that there is sugar in ice cream does not require a guarantee from Ben & Jerry's."





    The ingredients are printed on the label of the Ben and Jerry's container. This is contract ie. de facto guarantee. Just like a Kosher or Parve which cause a lawsuit if not accurate. If the TS contract would off a minimum ROFR it would be legally enforceable.
     
  7. maxpot46

    maxpot46 Guest

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    I have stated several times that I'm not pitching nor seeking to educate anyone but myself. Some folks just like to cartoonishly cast people as villains and impute motives that aren't supported by evidence. Honestly, hasn't this resulted in a lot of good information revealed through dialectic? Exactly what I was hoping for. I appreciate everyone who has engaged me with the intellectual honesty to steel man me instead of straw manning me.
     
  8. maxpot46

    maxpot46 Guest

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    By "market" price, I simply meant "retail" price from the developer. Again, dialectic is best approached via steel man and not straw man... interpreting statements charitably or asking for clarification if ambiguous are essential elements to jointly discovering truths.
     
  9. maxpot46

    maxpot46 Guest

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    It doesn't logically, though of course it helps in regards to ethos, which is quite important to rhetoric. But in any case, if you actually read the words and note the context of my claim, it's obvious that it wasn't to appeal to my own authority as a reason to dismiss an argument, but to describe how my interests and training have allowed me to achieve a far deeper financial understanding of the product THAN MY COLLEAGUES, not necessarily the participants in this thread. I do understand how reading comprehension suffers in one's haste to sling mud with a witty, sarcastic comment, however.
     
  10. bbodb1

    bbodb1 TUG Review Crew: Veteran TUG Member

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    ....And you call yourself a timeshare salesman?
     
  11. maxpot46

    maxpot46 Guest

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    You don't get an Ivy League education for the knowledge, one can get that for free. Not so free are the impressiveness on a resume or the connections it enables.
     
  12. maxpot46

    maxpot46 Guest

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    Yes, which is precisely why I show a forum post by an owner stating his buyback offer for my product was 50%, and an email from a timeshare reseller who describes how I shouldn't list this deed for resale for only 50% because if I did my company would swoop in with the ROFR and (gasp) dare to make a profit.
     
  13. breezez

    breezez TUG Member

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    Actually Wyndham has many outlets it uses to move last minute RCI deals through just look at Wyndham Destinations list of companies and you will see the others...
     
  14. breezez

    breezez TUG Member

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    Post Card Company - “Here today gone tomorrow”
     
  15. maxpot46

    maxpot46 Guest

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    I've insulted no one, nor implied that anyone was stupid. It helps to actually read the words and not just skim enough to confirm one's biases. If you're uncomfortable, no one is forcing you to stay and participate.
     
  16. maxpot46

    maxpot46 Guest

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    True, but you could ALSO just run a chemical analysis to prove your point, and no guarantee would be necessary. In fact, that's what one would HAVE to do if in fact there was no such guarantee, as in this case.
     
  17. tombanjo

    tombanjo TUG Member

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    PCC = Post Card Company. A company that solicits a high up front fee to "get rid" of your timeshare. Since they may collect several thousands up front, they roll that into the "price" they put on the ROFR document to help get it to pass. You may pay one dollar, but the reported price might be $6742 as $6741 dollars is what they charge the owner to sell it for a dollar.
     
  18. DannyTS

    DannyTS TUG Member

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    what makes me uncomfortable is the claims without any factual basis. Just like in any TS sales presentation. Now that we know you sell HGVC in New York you can certainly give us some more details, why you think it may be better to buy retail.
     
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  19. maxpot46

    maxpot46 Guest

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    No, I call myself a philosopher writing a book on ethics who refuses to manipulate or misrepresent, and is fond of providing empirical proof of my logically coherent assertions. I despise emotional selling, which can allow someone to sell snow to an eskimo. I wouldn't even try, there's snow everywhere, that's like stealing. I can only sell if I have the best product, which I do. And as I said, I'm very controversial in the office, and would have been fired for my refusal to sell emotionally if my performance hadn't shown that my way works too.
     
  20. maxpot46

    maxpot46 Guest

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    Gotcha, thanks for the clarification and information.
     
  21. andymul

    andymul Guest

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    My thoughts exactly! As a newbie, I got SO MUCH out of that post.

    WELL DONE!
     
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  22. maxpot46

    maxpot46 Guest

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    I provided a study to support my claims as to average deed price. I point to factual average hotel ADRs to support my contention that a $220/night + taxes rental rate is perfectly fair. If you don't understand that I'm not willing to put my job in jeopardy by revealing details about my employer and specifics about our programs, I can't help you.
     
  23. brianfox

    brianfox TUG Member

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    Evidence? Seriously?
    You claim to know TUG well. Then you must certainly know we see a constant flow of newcomers we encounter with the same horror stories. Smart people who were goaded into buying from the developer. People locked into contracts they cannot get out of - ruining their lives. Talked into it by people like you.Get off your high horse, Mr. Ivy League. You ran into a brick wall at post #2 because we've seen your type here from time to time.

    There has not been a single new piece of good information revealed through this thread. Except it sounds like you now know what a PCC is. Good for you.

    Steak but no sizzle. Dialectics. Straw manning. Imputing motives. You are a walking cliche of everything we hate about timeshare presentations. Go away, @kaio.
     
    KarenP, bluehende, slip and 1 other person like this.
  24. cubigbird

    cubigbird Tug Review Crew Veteran TUG Member

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    If you have an Ivy League degree in economics then you know how supply and demand work and why resale prices are $0. End of story.
     
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  25. maxpot46

    maxpot46 Guest

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    If you do, congratulations. We make a sick amount of money on our 6 hour workday.
     

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