Hahahahaa....wait a minute

[pnappleprincess]

So my parents are at the pool talking to a couple excited at the "amazing" deal they got (buying retail).

When my parents told me the couple paid X amount (short for extravagant of course) for a 1 BD, I asked my parents if they responded with "Really? If you want you can buy my 3 Bedroom for half of that! :rofl: And we all laughed. <Sigh>

Then I hung up the phone and thought....wait a minute!!!

Now analysis aside (financing, contracts etc) -The resorts must have some rule / law surrounding that right? If not, any owners wanting to sell would be camped outside the sales office / or at the very least the pool!

RIGHT???

 

[vacationhopeful]

I sell stuff all the time - even hand out my business cards. The problem is the pool floaters and Tiki bar guests KNOW more than you and I. My one resort was great for having internet in the lobby ONLY ... bet the sales group paid for free in-room internet as I personally average 3-5 cancellations per weekly timeshare stay.

Carrying your tablet with you to read a book and do an eBAY search is soooo much more effective. "Shock and AWE" is not just a term for the US Army.

 

[a1000monkeys]

So my parents are at the pool talking to a couple excited at the "amazing" deal they got (buying retail).

When my parents told me the couple paid X amount (short for extravagant of course) for a 1 BD, I asked my parents if they responded with "Really? If you want you can buy my 3 Bedroom for half of that! :rofl: And we all laughed. <Sigh>

Then I hung up the phone and thought....wait a minute!!!

Now analysis aside (financing, contracts etc) -The resorts must have some rule / law surrounding that right? If not, any owners wanting to sell would be camped outside the sales office / or at the very least the pool!

RIGHT???

When were were at Ko'Olina last year there was a couple that had t-shirts printed up saying "Selling our Ko'Olina unit - half price!" They would wear the t-shirts around and drape them behind their beach chairs. I didn't see any staff giving them a hard time and did see a few people inquire (at least about the t-shirts).

 

[ronparise]

There is a shop across the street from Ocean Walk with selling wyndham resale contracts

 

[pnappleprincess]

When were were at Ko'Olina last year there was a couple that had t-shirts printed up saying "Selling our Ko'Olina unit - half price!" They would wear the t-shirts around and drape them behind their beach chairs. I didn't see any staff giving them a hard time and did see a few people inquire (at least about the t-shirts).

Okay now THAT is hysterical!!!!

 

[pnappleprincess]

There is a shop across the street from Ocean Walk with selling wyndham resale contracts

LOL And people still buy from the developer. I guess they just think that WE are the sheisty ones huh??? Thank heavens for TUG!!! I am so happy to be learning.

 

[ronparise]

I have a friend who bought directly from Wyndham. In fact she introduced me to Wyndham and got me into my first timeshare presentation. I bought too, but thanks to my wife, who couldnt sleep that night; we rescinded....but thats another story

Since then Ive bought more than my share of Wyndham; all resale.. My friend knows what I have done, knows what I have paid, has stayed in resorts on my points but thinks there is something sleezy about the resale market and intends on buying more from Wyndham as soon as her Discovery package of points runs out

As long as there are people like my friend, Wyndhams sales force dosent have to worry about tee shirts, business cards the timeshare shop in Daytona or billboards...There will always be people like my friend that they can sell to.

 

[Passepartout]

It isn't just Wyndham. I took another couple to Vegas. An inexpensive Extra Vaca sale from RCI. $199/week at Grandview. We told them absolutely don't buy anything! We arrived a day after they did and they said they had gone to the presentation. I asked if they bought. Was told 'no.' But miraculously, low cost show tickets became available. Again I ask, again I'm told they didn't buy. I assumed it was perks for going to the presentation. Over dinner I expounded on the wonders of resale. Week ended, we all came home.

Some months later, it comes out that they had bought. From Grandview! I ask why and their answer was that "We could afford it." I know they can afford a TS, but WHY buy retail? Some people just don't perceive value unless they pay full freight I guess.

Jim

 

[MuranoJo]

Amazing story, Jim. "You can lead a horse to water..."
I think Ron nailed it--some just suspect there is something sleezy about resale...it's like it's too good to be true so there must be a catch.

 

[ronparise]

Amazing story, Jim. "You can lead a horse to water..."
I think Ron nailed it--some just suspect there is something sleezy about resale...it's like it's too good to be true so there must be a catch.

My friend has a way of complimenting me that not real complimentary..She will say that Im so smart for figuring this out, but then she adds that its conniving. And she doesnt think that way

So Im the con-man not her Wyndham saleman...go figure..

 

[pnappleprincess]

@ronparise @passepartout. No way! That just seems crazy considering you KNOW these people! And with the Internet and all the data available just by a few clicks of a mouse. I am just flabbergasted.

But you know what? I agree with ronparise and muranjo. Kind of that too good to be true thought and we are the clueless ones. But @passepartout made an excellent point too. "we could afford it" is such an interesting response that still has me blinking at my screen.

 

[pnappleprincess]

My friend has a way of complimenting me that not real complimentary..She will say that Im so smart for figuring this out, but then she adds that its conniving. And she doesnt think that way

So Im the con-man not her Wyndham saleman...go figure..

I totally agree! That is what just has me speechless! The salesman who has everything to gain from exaggerating etc is fine, but you who has no dog in the fight is the sheisty one. Gotta love it!

I just have to know... How is resale perceived as conniving?

 

[DaveNV]

I think a lot of people perceive the resale market somehow gives them a lower-class kind of ownership. Go figure...

My brother and his wife bought from the Developer at Hacienda Del Mar in Cabo. They were enticed into the sales presentation by a salesweasel at the airport, who offered them a free bottle of tequila. They attended, and they bought - full freight. They paid something like $12K for a Studio unit.

A year later they went to use their week for the first time, and invited us along to share their place. We went, liked what we saw, and decided to explore the timeshare market. I'm an IT guy by profession, and am never far from a computer. Google is definitely my friend. Discovering TUG came from my first Google search, and my t/s education came after that. When I bought my own t/s, it was an eBay resale in Hawaii I got for less than $500. Not fancy, but it trades likes crazy.

Fast forward to the following year, when my brother and his wife went back to their t/s in Cabo for the second time. They stayed in their owner's Studio unit. I used my cheapie Hawaii t/s to RCI exchange into a better unit than they owned, and due to a refrigerator that failed during our stay, we got placed into the Presidential Suite right next to the nicest swimming pool on the property. My brother and his wife were LIVID, and pitched a serious fit to the HDM staff, demanding AS OWNERS that they get upgraded like we did. The clerk finally told them, "No. You own a Studio, and AS OWNERS, that's all you will get!"

Lesson learned: Owners don't always get a better deal than an exchanger. I'll stick with my eBay purchases, my TUG education, and making the most of what I own, using all that saved money to support my traveling expenses. They, meanwhile, have tried to unload the HDM unit, but not until AFTER they bought a second t/s -- this one in Las Vegas that they've never used, and that they ALSO bought full freight from the Developer after attending yet another presentation. I think there was a free bottle of booze on that deal, too. Some people just will never learn.

Dave

 

[ampaholic]

... I think there was a free bottle of booze on that deal, too. Some people just will never learn.

Dave

Well, I've heard that booze lowers a persons inhibitions ...

 

[vacationhopeful]

My friend who knows about and has travel with me on some of my vacations is very much like your friends. I have ruined a couple of vacation days (twice) walking him thru the cancellation process after he gets his FREE BREAKFAST or FREE DINNER CRUISE. He doesn't drink, but LIKES free food.

He even went to Hawaii in November and brought again - but called me and did the post office routine on his vacation time before returning home.

But he DID buy and spend $8800 to convert is F/W Wyndham to points and buy an every other year 168K in points at a 4th T/S persentation .... it took him 3+ months to confess that sin. And I am making sure HE LIVES WITH IT.

So, the sales weasals have gotten him to sign 4 times in 3 years.

 

[Carolinian]

Some of those sales weasels are slick. A friend of mine who already owned a couple of resale weeks and was on an HOA board went off to an exchange and came back having bought from a developer at full price. Of all people who should have known better!

I like the idea of resellers setting up shop near resorts in active developer sales. The last time I was at Massanutten, one had an office directly across from the entrance to the resorts.

 

[a1000monkeys]

My brother and his wife bought from the Developer at Hacienda Del Mar in Cabo. They were enticed into the sales presentation by a salesweasel at the airport, who offered them a free bottle of tequila. They attended, and they bought - full freight. They paid something like $12K for a Studio unit.

That was ONE expensive bottle of Tequila. I have never went on a TS presentation in Mexico. Is it true they ply you with margaritas during the presentation?

 

[pnappleprincess]

That was ONE expensive bottle of Tequila

And can't you buy duty free since you are traveling internationally anyway???