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Timeshare Misrepresentation: The Timeshare Presentation

3/11/2012

3 Comments

 
The place where the timeshare industry truly displays fraudulent tactics and misrepresentation is the timeshare presentation. Timeshare resorts and contracts probably wouldn’t have such a negative reputation if these meetings actually told the truth to consumers. There are several ways in which timeshares are misrepresented in these presentations.

The most common complaint we receive from consumers are due to the timeshare misrepresentation which runs rampant at these meetings. If you are going to attend a timeshare sales presentation, it is a great idea to be prepared for this misrepresentation beforehand. People usually attend these meeting under the guise of giving up a small fraction of their time for a nice gift or prize. About the only thing not misrepresented is this final gift the consumer will receive (although sometimes even that is.)  
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Timeshare Misrepresentation
1) The length of the timeshare presentation

The timeshare misrepresentation begins even before the meeting occurs. Often, the time of these presentations run much longer than advertised. A 90 minute advertised meeting can easily run multiple hours. The purpose is to exhaust consumers into blindly signing the misrepresented timeshare contract after the lengthy presentation.

2) Timeshare as an investment

One of the most obvious cases of timeshare misrepresentation is when salesmen try to convince consumers of the great investment opportunity. These claims are at the very least very overstated. Timeshares include fixed payments, high annual costs, and unreasonable hidden fees.

3) The Timeshare contract

The timeshare contract is also extremely misrepresented. So misrepresented, in fact, that many consumers blindly sign it after being worn down for so long at the timeshare meeting. Timeshare contracts are binding and inflexible, and ensure that you will not be able to break them easily. The contract also allows the timeshare company to take legal action against you if you cannot pay.

What kind of timeshare misrepresentation have you experienced when attending these sales presentations? 

3 Comments
Ashley
6/7/2013 02:14:37 pm

We were Misrepresentation by, Westgate Planet Hollywood in Las Vega NV, Sale's people lied to us.
If that were someone took money from a bank the FBI's would be all over them and get the banks money back. But these Timeshares crooks get away free as a bird. No one in this great Nation has the right to take money from anyone and be free and to continued dirty work in front of the Attorney general 's from Las Vega, to Fl, DC.

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Andy
7/21/2013 09:09:24 am

Did a presentation at Hilton, Oahu. Salesman was persistent with lies, half truths and innuendos. Even called his co-worker/ boss to seal the deal who was rude & disrespectful when I said I am not prepared to sign anything today until I have researched their product on my own time. Bunch of crooks as far as I am concerned. Never ever fall for their stories without first doing your own research. This behaviour by Hilton representatives was unexpected.

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maricar
9/13/2013 09:14:26 am

You can also add not informing consumer about the cancellation period.-Instead they will tell you "keep your documents in a safe place." With that in mind you kinda place it somewhere where your not going to review and your just remembering the good things they talked about during the presentation.
They also add more gifts until you say ok then i cave in and because you just want to go away and enjoy your vacation.
Everything was orchestrated and no one in the gov't cares because they bring money to the U.S economy and these are rich people who lobby so as not Timeshare cannot be touch by anyone. Take a look at how its regulated and controlled -no one is checking so they can flourish in defrauding consumer EVen FTC can't do anything. So i walked away & let my credit card company deal with it. I have a chargeback right & i'm claiming "Service Not As Described." Fake, scam, Fraud. I also sell but we make it a point to stay within the script no add no less if we don't our sales is taken back from us. That's sales with ethics & truth. TIMESHARE FULL OF MISREPRESENTATION.

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