Most people purchase timeshares after attending a sales presentation.  If you’ve ever been to a resort, you’ve probably been solicited to sit through a sales presentation, where you are given a pitch to buy blocks of time at that resort.   Usually they are slick presentations making all sorts of claims about the lavishness of the resort, the great benefits and accommodations, as well as the great bargain price.  And many do enjoy their timeshare purchases for years to come.   The best way you can ensure you don’t have any buyer’s remorse is to be smart about your purchase.

The smartest business people always do careful research before spending money.  One thing they do is search out business coupon to make sure they don’t bust the bottom line when purchasing.  Frugality is the new extravagant!  Business software coupons are just another way to be sure that money is spent wisely.  

The same ethos should be brought to bear in the world of timeshares, too.   Here are some simple things to remember when you go to one of these sales presentations.   First off, never buy anything during or directly after the presentation.   Timeshares cost as much as a new car, or a moderate home remodel;  you would sleep on those major purchases, right?  Take your time!   Ignore their assurances about “one time only” deals; specials only good if you buy that day.  These are tactics commonly employed by high-pressure sales people, to secure a commitment absent serious consideration.

If they’re giving out bonuses or prizes, scrutinize the fine print.   Pay for nothing in exchange for these things.   Be mindful of the many different tactics used to make something seem like a great deal, when it may not really be so.

Review any contracts you’re asked to sign.  Even if it costs you some money, have your attorney review the documents.  The investment you’re making in the timeshare is undoubtedly many times the hourly cost of your attorney.

Leave if you feel pressure.   You’re under no obligation to stay if you’re uncomfortable.  Last of all, when you’re taking time to consider your timeshare purchase, we highly recommend you search online for the going price on comparable units to the one you’re considering on the secondary market.  You will likely see a considerable difference in price between the resort’s asking price and what current owners are willing to share their shares for on the secondary market.

Tags: ,

Comments are closed.