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The words "timeshare scams in Mexico" are flooding the internet more and more every day. Do you know who the resorts usually target? How will the salespeople determine the membership you will be sold? This and more questions will be answered in this article.
Timeshare Scam Companies - The Budget
Timeshare salespeople are aware that many vacationers choose to attend timeshares sales presentations for the gifts, such as tours, cash incentives, or souvenirs, or just out of curiosity to see a different hotel property.
Obviously, the salespeople do not want to incur a loss by having the potential client walk away with the gifts without making a purchase.
As such, the timeshare salespeople are very motivated by their commission structure to ensure that the client makes a timeshare purchase.
Timeshare Scam Companies - The Target
The sales team is carefully trained to target the right type of vacationer to attend the timeshare presentations.
For example, they normally approach people over 30 years of age, in couples, as they assume that they will have two stable incomes and be able to afford to vacation regularly or purchase a timeshare.
The salespeople that work in Mexican timeshare companies normally try to sell the timeshare for the highest amount possible, but when they are not successful, many companies will offer a smaller vacation club package.
Timeshare Scam Companies: One-day Deal Only
Timeshares do not have a fixed value. The salespeople from timeshare scam companies are very skilled at gathering information about the client during the free breakfast and initial survey in order to assess the client's financial status and, ultimately, the price that they will offer the timeshare.
When the client refuses, they offer deep discounts to entice the client to purchase, and they often send in a closer to make the special “one day only” deal.
They may promise offers of guaranteed rentals, resales, or annuities, which are some of the most common timeshare scams, to entice the clients to purchase; however, some clients are more persistent at saying no, and refusing to buy the timeshare.
Timeshare Scam Companies: Better than Nothing
The salespeople offer vacations club packages as a cheaper alternative to a timeshare to the vacationers who say they cannot afford a fixed timeshare or a high-value package.
The vacation clubs normally work on a points system, and the salesperson makes claims that the points can be used at hotels throughout the world.
The'timeshares salesperson from the timeshare scam companies state that the vacation club offers the client deep discounts on travel, such as reduced airfares, very cheap weekly hotel rates, discounted rental cars and many more excellent benefits.
These packages are offered at a fraction of the price of a timeshare, often just a few thousand dollars, so the clients who were not interested in a large timeshare package, but are interested in having more affordable travel opportunities, are persuaded into buying.
Unfortunately, these packages are another version of timeshare fraud, as what the timeshare salesperson promises is not what is actually offered to the client once they return home and try to use the vacation club.
Timeshare Scam Companies: No Information for the New Owner
During the sales presentation, the salesperson shows the client a detailed book of all the vacation club benefits.
Normally, clients will ask for a copy so that they can review it while they are still on vacation.
The salesperson will say that the book will be mailed to the client at their home address so that they do not have to carry a heavy book with them on their trip home.
Often, the package of information never arrives, or in cases where the client does receive the book, it is a different version.
The version of the book that the client receives offers far fewer hotel options, requires a higher points value per night, and does not offer the other discounts promised during the time share scam sales presentation.
Timeshare Scam Companies: What to be Aware of
Read this to avoid becoming a victim of timeshare scams in Mexico or vacation club scams.
- Avoid attending timeshare presentations if you are not genuinely interested in purchasing a timeshare in Mexico.
- The gifts are not worth wasting a day of your vacation, and putting yourself at risk of becoming a victim of a timeshare scam.
- If you do attend, do not be afraid to say no to signing the timeshare contract or vacation club contract if you are not interested in becoming a timeshare owner.
The timeshare salespeople prolong the presentation for as long as it takes for the client to make a purchase.
They may even make it difficult for you to leave, by delaying the taxi pick-up, and using many other delay tactics.
If you do not want to buy the timeshare in Mexico, walk away, and get it your own taxi. It is worth paying a few dollars to avoid a large financial loss on timeshare fraud. - If you decide to purchase, ensure that you have a copy of the vacation club book before you leave the salesroom.
Ask to use a private computer (not the salesperson's computer) to check their online reservation system and see what the actual points value and reservation availability is like in the real-time system.
Many people become victims of timeshare fraud because the salesperson's computer has a dummy version of the reservation system, which has false information about points and availability. - Research the timeshare company or vacation club within the first few days of your purchase.
Do not wait until you get home from your vacation to do your research.
A simple Google search will normally give you an idea of whether a company has many timeshare complaints posted online or is a reputable organization.
According to Mexican Law, you have 5 business days to cancel your timeshare contract.
Some resorts will claim that clients have waived their right to cancel, but this is an illegal practice.
Our staff at Mexican Timeshare Solutions can assist purchasers in ensure that they take all the proper steps to cancel their contracts and get out of their timeshare or vacation club package within the 5-day rescission period.Timeshare Scam Companies - The Solution
Even if you have purchased a timeshare scam in Mexico, and it is already past your 5 day rescission period, we may be able to help.
Contact us at Mexican Timeshare Solutions for a free consultation to assess your situation and advise you on how you can get out of your timeshare contract as soon as possible.
To receive more information about timeshare scam companies and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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Un tiempo compartido nunca es una buena opcion , si quieren invertir en algo mejor piensenlo 2 veces antes de querer tirar su dinero , esto es algo cual se esta volviendo muy comun , lo mejor es evadir todo esto de los tiempos compartidos e invertir en algo que de verdad te vaya servir en el futuro.
Good to know that nowdays is easy to know more how horks the timeshare field, my sister like 2 years ago had a problem with a mexican resort, after that she could cancel and now is free, therefore we need to investigate quite well before give money to timeshare people, for me the best option is to avoid all timeshare stuff.
run away, fast as you can. don't take their prizes or tickets.Buy a resale if you really have to own one, but don't pay much since the annual maintenance will be near to a weeks stay by itself. many used units are given away by people fed up with paying the fees, so hold out until they are near free (see ebay for tradeable units that are low cost).There is no bleeping way they are worth 10k+, many have deeds that expire, you don't even own a permanent piece of real estate..
I went on a presentation last year with the thought of NOT buying. I’m a retired Army 1st Sgt with 20 years in the infantry. I’m the last person that someone could manipulate. BUT, I saw the value in it especially since I like to visit other areas of the country every year. The last six months I’ve dove deeper into the program and found that I can actually work my week vacation into 3 maybe 4 weeks in different resorts in one year. Still only paying my one week timeshare. It may cost me an an extra $200 for an additional week but I’m staying in $200 a night resorts.
I love that I was sold on timeshare and have zero regrets. I wouldn’t want to be a timeshare sales person but everyone I spoke with love their job and the benefits, money, and free time that come with it.
The Presidente Intercontinental Los Cabos or Holiday Inn Los Cabos is a beautiful resort with great food but DO NOT BUY THE VACATION CLUB MEMBERSHIP! The will tell you you can resale your points - Not true! The only way to get rid of it is to rent out your weeks or donate the points to charity. Using the points has been a terrible hassle for us. If for some reason you want to join or have already joined and would like more points, BUY OUR POINTS AT A DEEP DISCOUNT We have found many times it is cheaper to book through Apple Vacations than use our points and it certainly is a lot less of a hassle.
It is clear from the perspective of someone actually in the timeshar industry that a)For some reason you hold a grudge against timeshare and b)Your research and presentation of fact is sorely lacking.
Certainly there are many timeshare companies facing challenges but what industry isn't? Orlando may have a larger proportion of challenged companies but it is the defacto timeshare capital of the world. Many resorts that have funding are still selling quite well. Those that are suffering are doing so primarily because of the credit freeze combined with expensive sales and marketing programs... facing the possibility of selling themselves out of business because they cannot hypothocate paper which is a direct result of the housing crisis, not a timeshare crisis. It is for lack of credit, that has caused companies to minimize sales and marketing operations, not lack of potential buyers... companies that have financing performing well considering the market.
It is clear from the perspective of someone actually in the timeshar industry that a)For some reason you hold a grudge against timeshare and b)Your research and presentation of fact is sorely lacking.
Certainly there are many timeshare companies facing challenges but what industry isn't? Orlando may have a larger proportion of challenged companies but it is the defacto timeshare capital of the world. Many resorts that have funding are still selling quite well. Those that are suffering are doing so primarily because of the credit freeze combined with expensive sales and marketing programs... facing the possibility of selling themselves out of business because they cannot hypothocate paper which is a direct result of the housing crisis, not a timeshare crisis. It is for lack of credit, that has caused companies to minimize sales and marketing operations, not lack of potential buyers... companies that have financing performing well considering the market.
I wish there were more blogs like yours revealing the scam of the timeshare industry. Great post.
I’ve never been as uncomfortable as I was during a high pressure time-share presentation.
I would never recommend it, unless you just want to get a lesson in old fashioned salesmanship without any ethics. And no I didn’t buy it.
We bought a timeshare in Mexico and then added points to include our family. We have access to RCI and Hilton, but we have not been able to book either of these in 2 years. We seem to only be able to book Mexico. NOT VERY HAPPY. Plus, it is work and we are charged to look for bookings on RCI.
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