I separate MVCI’s selling of points and the management/running of the product.
Selling - The price of a point has nothing to do with the underlying value of the trust. The price of a point is based on the underlying value of the trust, SG&A (selling, general and administration expense) of the sales organization plus the profit that needs to get delivered to the company. The incentives to attend a presentation falls under SG&A. To get the price per point, sales has to justify the price by presenting the value a customer gets from the points at the price. When a sales person can’t, two things happen. With new customers, when he/she can’t, exaggeration and lying is required. With existing customers you add FUD (fear, uncertainty and doubt) because they have a better idea of value. I am 100% certain management in the sales organization knows what is being done and supports it. It is part of their playbook. It is too wide spread to not be part of the playbook. BTW, I am not saying all sales people behave this way, only the ones that can’t sell by truthfully representing the vacation value. You can figure out by your own experience on what percent falls under the truthful category.
Having managed many different sales teams in a large technology company that was depended on customer relationship and selling value because of price, everyone learned how to sell value. Lying to a customer was cause for immediate dismissal. I have always been amazed that MVCI allows lying and customers accept it. I stopped going to sales presentations but when I did, I did so only for the incentive. I made a personal game at getting out before 90 minutes. I guess I was being dishonest also (not a judgement for anyone else).
I think most people are happy with the management of the product. I know I am.
Very well stated, thank you!
I agree with all of your points. In our case, our on-site MVC resort experiences are often superb. I, personally, find that the MVC resorts that are managed by General Managers who come from Marriott (hotel company) lodging (hotel) division, FULL SERVICE Marriott hotels and resorts, are the most capable and skilled of MVC General Managers. In our experience, the MVC General Managers who do not have this pedigree, do not cut the mustard. The same is true for the MVC resorts that have effective, engaged HOA Boards of Directors. I remember, for years, Cypress Harbour had a fabulous GM, and a fabulous HOA Board of Directors. The same is true for Desert Springs Villas (Susan Belleville and Jane Berg, former DSV GM’s will forever be remembered for their contributions and leadership as GM’s of DSV).
In my opinion, MVC falls far short, when it comes to MVC Owner Services, and MVC's web, telephone and App technology. MVC Owner Services, in my opinion, has years of highly inconsistent service, that is more often than not, deplorable service. I blame that on MVC's leadership. Similarly, the antics of MVC's Sales and Marketing division, in my opinion, are disgraceful. You can be sure that MVC's senior-most leadership are well aware of the horrific, bully, deceptive, illegal tactics of these monsters, and does nothing about it, other than condone the culture, behavior, and antics.
In the context of MVC's Sales and Marketing, I've learned to fight back. I have a zero tolerance for their antics and culture, and I deploy every opportunity I have to make certain that MVC is impacted by our dissatisfaction with the horrific culture and deception in MVC's sales and marketing department. In my opinion, the fact that Marriott International (parent company) allows MVC, their "Franchisee," to operate as they do, is just disgraceful.