Most everyone who has visited Mexico and been invited to attend a timeshare presentation. There are many incentives to entice potential buyers to attend the timeshare presentation in hopes that people will invest in a timeshare property. Are you wondering if it is worth your time to attend a timeshare presentation or not? Let’s discuss below so you can decide for yourself.
Timeshares are a financial arrangement where individuals have the right to use shared property for a specified period of time each year, usually around one to two weeks per year. In addition to spending vacation time at the property you first toured, if your timeshare is part of a group or hotel chain, you will probably even be able to use your weeks at different locations other than the one you initially invested in as well. There is an initial investment and deposit required to become a timeshare owner, and that is why many people believe that timeshare investments are not the best idea. In addition to the initial deposit, there are monthly maintenance fees that you have to regularly pay to keep the property in good condition. Many timeshare companies offer attractive promotions such as free hotel stays or free tickets to entertainment events in hopes to convince potential timeshare buyers to consider investing in a timeshare property. Is it worth your time to attend a timeshare presentation or not?
Pros and cons of timeshare presentations
The most important thing to consider before you decide to attend a timeshare presentation is that if it seems too good to be true, it likely is. Often you are offered great deals such as free tickets or a trip if you only attend the 90 minute presentation. In addition to the timeshare presentation, you also have to take a tour of the resort as well after the presentation has concluded. Another important note is that that not everyone can invest in a timeshare property. Only certain people are eligible for a timeshare package as most resorts require you to be at least 25 or 30 years old, meet or exceed a certain income level, and even your relationship status is also taken into consideration. Married couples or those in long term relationships are preferred customers as they statistically are more likely to invest.
Salespersons that are Aggressive
Many people are so excited by the chance for free trips and tickets that they believe it is worth their time to attend the timeshare presentation, even if they truly have no intention of actually purchasing or investing in the timeshare property. If you are like minded, just make sure to be prepared to deal with high-pressure tactics from aggressive salespersons who make theire living by convincing you a timeshare is right for you. There are a wide variety of hard sell tactics that timeshares salespersons use in hopes of making a sale. They may try to wear down your will power by keeping you at the presentation much longer than the allotted time. They also like to create a false sense of urgency so that you will believe you will miss out if you do not act now and purchase the timeshare immediately. If you have any questions or concerns, it is certain they will be ready to answer them smoothly and quickly. If you still resist, they often turn to using guilt as a means of coercion. Finally, if one salesperson does not seem to be making advances in their attempt to sell the timeshare to you, you will probably end up getting turned over to another salesperson to see if they have better luck.
In general, some situations are good and others are not so great. It is true that not every timeshare presentation or company uses these techniques. It is certainly possible to find and enjoy legitimate timeshare investment opportunities if you know what types of situations to avoid. Remember, just be aware ahead of time that you take a risk anytime you accept free gifts from timeshare presenters as no gift comes without strings attached. We hope this article helped you decide whether attending a timeshare presentation is right for you or not.