Some say the only way to get out of a timeshare presentation is by leaving as an owner. To the contrary! There are several ways to avoid the pressure of resort salespeople and leave the same way you entered, without the burden.
In this guide, you'll find a step-by-step guide on surviving timeshare presentations and how not to succumb to their pressure.
A timeshare is a vacation property under fractional ownership–meaning multiple owners share the use and expenses of one unit. Timeshares are often found in resort condominiums of heavy tourist areas and marketed as low-cost vacation homes. Whether timeshares are good or bad, they are popular within the travel industry. Yet, how do people come to buy timeshares in the first place?
That all transpires at the sales presentations.
A timeshare presentation is nothing but a sales pitch. The number one goal of these presentations is selling timeshares. Resorts lure their guests into attending by presenting gifts and prizes like a discounted weekend stay, a cruise trip, tickets to a local event, a free meal, or whatever else they can offer. However, you must attend their 90-minute presentation to receive the gift.
Be advised that these presentations seldom end on time. Former attendees have claimed they went on for four hours. During a timeshare presentation, aggressive salespeople will use high-pressure tactics. They may use multiple salespeople to break down your defense or make misleading statements to play with your emotions. It should be evident by now that it’s a pitch.
There are two ways to get out of a timeshare presentation: buy one or just leave. While leaving sounds easy enough, the salespeople will do everything possible to prevent that.
It's important to know how to avoid the pressure of timeshare salespeople if you plan on attending. The presentations can sometimes go on for hours as they hope to wear you down into making a sale. To leave a timeshare presentation with no obligation, study this step-by-step guide!
The best way to avoid timeshare pressure is to bypass timeshare offers. Although, the resorts make that challenging at times. You may have received such requests before. Whether it's unsolicited phone calls announcing a free vacation or encounters with dubious sales representatives giving out tickets to a popular tourist attraction. Remember, there’s always a catch. And that catch is attending their presentation. If you have no desire to listen to a timeshare pitch, do not accept these offers.
The typical timeshare salesperson is sneaky. So, find out who you're dealing with before taking them up on an offer. If you're suspicious about their intentions, outright ask if they are, in fact, part of the sales team of the resort in question. Their answer should be a clear indicator of their interest.
Sometimes, the offer seems too good to pass up, like a trip to Disneyland. If you're tossing around the idea of attending a timeshare presentation, do the research before making the trip. However, some resorts avoid mentioning the words "timeshare presentation". They often get referred to as resort tours, vacation promotions, gift opportunities, etc. Nonetheless, always research a company that reaches out and makes grandiose gestures.
Timeshare presentations are perhaps best known for how long they last. Sure, they say that it is 90 to 120 minutes long, but before you know it, several have passed. The best advice to prevent that from happening is to get in and get out! If you attend the presentation to meet eligibility for a gift or prize, stay for the time frame initially set. Have an alarm on your watch or phone as a reminder.
Are you not planning to buy a timeshare but attending a presentation anyways? Then don't give the timeshare sales staff your personal information. That goes for phone numbers, email addresses, physical addresses, names of family members, and whatever else they ask for that you're uncomfortable with sharing. The salespeople will be persistent but hold your ground and don't engage.
The last thing to share with greedy salespeople is financial information. Under no circumstance should you provide your bank or credit card information. They may say it's a once-in-a-lifetime deal but only available today. Don't fall for it. There are thousands of timeshare properties, and they're not going anywhere. Keep your finances to yourself, and if you are interested in buying a timeshare, don't rush into it at a presentation.
No matter what the salespeople put in front of you, don't sign it. As soon as you sign your name on a timeshare agreement, you are bound to uphold its terms and conditions. You're better off taking the documents home to review yourself or with a trusted financial advisor.
In the end, just say no. Tell the first salesperson no, tell the second salesperson no, and so on! You are by no means obligated to buy a timeshare for accepting a gift offering from the resort. Nevertheless, the salespeople may still make you feel that way. If you are not interested in timeshare ownership, do not lead them on. Let them know your feelings from the beginning of the presentation.
The timeshare industry is home to some of the most highly-trained salespeople in the world. Therefore, just saying "no" is not always enough. It's ok if you have to get crass with the salespeople. If not, they'll keep pushing you into a sale, so you may have to push back.
Although it may feel like it at times, you're not locked in that room. Feel free to get up and leave if the experience becomes unbearable. But if you leave before the agreed set time (90-120 minutes), you may have to forfeit the gift promised to you for attending. A free vacation trip is tough to give up in the heat of the moment, but, in the long run, leaving will be the best decision.
Not everyone can avoid the pressure of a timeshare presentation. That's no fault of yours, but instead at the hands of the greedy salespeople. However, it is up to you to resolve it. If you're proactive, getting out of the timeshare agreement shouldn't be an issue.
What you need is to rescind the timeshare purchase. Doing so will make it as if the sale had never happened, and you'll receive a full refund. The only catch is that you have less than two weeks from the purchase date. Find out more about timeshare rescission and the related state laws here.
So what happens if you miss that window of opportunity? The options become limited and are less favorable from a financial standpoint. You might have to give up on recouping what you paid, and instead, focus on stopping further timeshare expenses. Here's what the options are:
Wesley Financial Group, LLC (WFG)* is a perfect example of a timeshare cancellation company. Founded in 2011 by a pioneer of the timeshare cancellation industry, Chuck McDowell, WFG has since canceled tens of thousands of timeshares. WFG specializes in timeshare termination for owners who are victims of fraudulent activity by salespeople.
If you were lied to or misled into buying your timeshare, then WFG may be able to help. Schedule a free consultation today to learn more!
Wesley Financial Group, LLC, and its affiliates, successors, or assigns are not lawyers or a law firm and do not engage in the practice of law or provide legal advice or legal representation. All information, software, services, and comments provided on this site are for informational and self-help purposes only and not intended to substitute for professional advice, legal or otherwise.