Ahh, thanks for the clarification. Have you ever been told things that you know not to be wholly and truly factual?
Of course there have been some statements made that are not entirely accurate or are incomplete. But I just don't simply sit there mute. I engage in conversation. I've had sales presentations where many half truths are tossed out there. Things like resale points have restrictions. Well, that is technically accurate. Resale points do indeed have restrictions and by the T&C will only be treated as forever holding points (meaning no banking or borrowing and reservations can only be made on a 60 day or less basis); however, once the activation fee (or as referred to in the T&C, the "initiation fee") of $3/point is paid, those points work just the same. The statement made by the sales person is not a misleading sales pitch. It is rather an incomplete statement of how things work. Once the fee is paid, points are points.
Think about what folks report as the lies. I have never been pitched that if I buy more points the salesman will manage my portfolio for me and rent out my points. I've never been pitched to sell back or give back my deeded weeks because Trust Points have a lower MF or because the MF on my deeded weeks will skyrocket so high that I'll have to pay a significant assessment. I've never been pitched the "master deed" claim, that it is better to hold all timeshares under one "master deed". I've never been pitched that II is going away so I must get rid of my deeded resale weeks or I'll never be able to use them again. I've never been pitched that my elected Club Points are inferior to owned MVC Trust Points.
Have sales staff tried the FOMO that the owner levels will be changing? Actually, I did indeed hear that back in 2014 and sure enough, the levels changed in 2015. Have I heard it since, probably, but I've never been told that on a date specific it will change. I actually believe that it is quite possible the levels will change in the future; it is just that the time has not yet arrived. When it happens, corporate will communicate with every owner, just like corporate did in 2014/2015.
Have I heard that Club Points can book hotels? Yep, but that is accurate. It is typically extremely expensive to use Club Points to book hotels, but it does work. I have heard the buy more points and rent them out and cover your MF. And, technically, that may be accurate. The problem is that you may cover your MF, but you'll never recover the capital cost and when you rent out your points, you are not the one using them to vacation, so it is a waste of money.
I would hope that anyone who attends sales presentations understands how the program works and doesn't just blindly accept the words. When folks are misled, like how the OP reported, I believe it is important to report those misleading pitches to corporate. I do not believe that the folks who make those egregious claims are heralded by corporate and given steak and lobster as a reward.
