Timeshare presentations are like a mortal kombat tower challenge and it keeps getting harder the higher you go, if you keep saying no you will win fatality style.
I went to a presentation, wasted 2 hours of my vacation but I received a $100 gift card and my hotel was paid for 7 days. The look on their faces when I said I’m not interested was hilarious
Absolutely a total waste, but I think those gifts and stay do make it worth it, imo. Seems like you got a better package than me though! I still had to paid $150 for 3 nights. You've done good 👍
in my personal opinion if you had a good vacation, and got $100.00 than it didn't waste 2 hours of your time, maybe theirs tho. that said DO NOT BUY A TIMESHARE. but as long as you can say no, feel free to take advantage of their promotions
Last time I went to one of these, I told them straight up, "We will never buy one of these, so let's not waste our time. Now give us the free tickets you promised and we'll be on our way." They didn't give us any grief and let us move on.
HGV bills it as an “owner’s update”. When we go we tell them right upfront we are here for the update but we are not buying anything. We do sit there through their presentation though. Then we collect the freebies and leave.
Here’s what I do: Go in wearing modest clothes, and a small notepad and pen. When you check in, write your name down and show the clerk… eventually they will ask, are you mute or can’t speak? Nod your head and smile, being as polite as possible. When they ask questions, write down your answers, and just stick with the plan. They quickly realize after you write the word “No” several times that you’re not going to speak. They will give up, and when signing out after getting the reward, politely say, “Thank you, this was a pleasant experience” and walk off. I’ve done dozens of these, usually in resorts or Vegas, and it works like a charm everytime. I even had a salesman stop me on my way out laughing and saying the tactic was very clever. You owe them nothing, give them nothing, get your reward.
@@mikermiks5784 then you didn’t do it right. Nothing being done violates any other terms and agreements. If you left early, that’s on you. I don’t leave until they are frustrated to the point they give up and usher me to the claim table.
@freek1318 oh but it is absolutely true. People confuse personality and character allowing financial vultures to ruin lives and create nightmare for naive buyers.
I am a timeshare salesman and started last year. I have never once sold anything like that in never once pressured anyone. I always was meaningful when i spoke with someone and i genuinely care for people in general and believe everyone deserves respect. So i am always kind. If they want it, i help them. If they dont. I dont sit here and bully them. I tell them from the beginning that no matter what they decided to do today. That the most important thing to me is for them just to have a good time with me today. The reason i say that is because when they say no at the end, it does not bother me. I believe if it was meant to be it will be. I refuse to bully anyone into doing somthin they dont feel comfortable doing. So i am not like most salesman. There for you can not persecute me and say i am like the rest and that i am a vulture who takes advantage of people and if you do then you are just prejudice for thinking that way and you dont have a kind heart which is fine. But i only am commenting to try and help people understand that not all people in sales are like that. I hope that you can understand that.
@@freek1318 My guess is that those timeshare operations (why do they still exist?) that are associated with famous brands, like Hilton, Marriott, etc. do have to protect the brand name somewhat. But, I am also guessing that those who are purely timeshare operations may use hard sell tactics. Timeshares are an insane nonsense. The inclusion of "in perpetuity" in their contracts makes them financially super dangerous. Their customer service, I hear from videos, are nothing more than buying more time share contracts. I find it difficult how can anyone still get fooled to get into these contracts. I read that cars depreciation 10% when driven off the lot, RV's depreciation 30%, but timeshare contracts the moment after signing depreciate 100%.. You cannot even give them away or in many cases cancel, per these articles. An acquaintance of mine had a timeshare salesmen as peresonal friend, and the salesman told my work buddy that he felt like timeshare salespeople have no souls, but the money is good if you can live with what you are doing to people. This is what I heard and read about these things. Personally, I cannot imagine what niche of population for whom these contracts would be of an advantage, except for salespeople, and these organizations.
I would never buy a timeshare! It's such a scam. I know someone that has one and I couldn't believe that every time they go back to that place, they have to attend another meeting to try and scam them to upgrade! Unbelievable.
Ohhh now that's something I've never heard of; didn't realize even though you bought a timeshare you need to continue attending meetings. I was thinking it was a one and done situation, but that's terrible.
Thought it was a good idea to get a nice place for 9k and get to use it every year with RCI. I was nice back in 2011 when there was not AirBNB etc. But now I do not feel it is worth it anymore. I just might rent it out to make the maintenance fees back. I tried to give it back lets see if they take it back @@CalbyNg
Unbelievable!!!! I watched your video during my drive over to one of the vacation ownership places in Las Vegas. I already live here so I was not going to purchase anything but wanted to go for the gifts and to learn a little more about their product. Literally 5 minutes into the presentation, my advisor told me that his uncle got into a car accident awhile back and when they were running tests on his injuries, they discovered that he has cancer. This is exactly what you went over around the 3:05 mark on this video. As soon as my advisor told me that, he lost all credibility. Towards the end,I must have told him no, I’m not buying 7 times. I even wrote NO in big letters all over his paperwork twice! I even had a tally counter that I ticked on his paperwork. He told me that I wasn’t going to get my incentives. I exploded!! I started screaming in front of everyone that I want a manager! The sales guy tried to quiet me down in a condescending manner! I told him that most likely I’m going to go to jail for causing a scene if they don’t give me my gift immediately. The sales guy backed off and I got my gifts! Of course the girl who gave me my gift tried one last time to sell me something.
Love it! Just finished a 3 hour timeshare presentation at Pueblo Bonito...my wife and I played good cop bad cop. We ended up getting $400 in benefits by way of a party boat and dinner cruise. It was fun but yeah...you have to be on your guard!
Haha I love that y'all made that experience into a positive one. Personally, I just hate having to deal with stuff like that so I'll use my points instead for my bookings, but for balling on a budget, attending these meetings (and NOT buying anything) could be a decent strategy! Nice video Calby 👊🏼
My husband and I bought a time share over 20 years ago. It was of benefit to us for the first 18 years. Every year it went further downhill, until the last 2 years, where we didn't go but paid the maintenance fee. to finish out our contract. Overall, the purchase and the maintenance fees were cheaper than what it would have cost us for a full vacation over the years because the cost of everything in resort areas went up. We are actively in concert with around 80 people going through the attorney general trying to get back some of the money we paid over the last 2 years due to the current owners not honoring the contracts. We are lucky, though, we only had a contract for 20 years. For those that did those lifetime contracts, yikes.
Promo to stay at the Hilton Grand Vacations Club for 3 nights for a total of $129!!… and all I have to do, is sit in this 2HR+ presentation?? Aight bet!! I’ll come fully prepared and equipped with my weed edibles/water/snacks/popcorn on deck to enjoy the show 😎
I went to a presentation once not knowing that it was for timeshare sales. Later when I realized, I did a quick research on google on what to expect and how to act. I just couldnt hold my laugh because everything you said in this video is 100% spot on. Lol there were 2 different "higher up" people who came to talk to me as I kept saying no and I just burst out in laughter as they keep lowering the prices. Lol the agent even said "why are you laughing?" 😂 Overall, it was a good learning experience, but I wouldnt do it again. Thank god I already knew about not signing up for a Timeshare. And yes, their faces were priceless.
I got into a timeshare presentation for Hilton this past weekend in Orlando and it was very annoying because they told me it would be 2 hrs but it ended up being more than 4 (and I missed the first few hrs of EDC... 😒), they put a hispanic guy specifically to talk to me because my name sounds definitely hispanic, I showed myself very enthusiastic all the time and everything went to the teeth, just exactly as you're describing, step by step: the personal story (the guy told me that his mom had cancer and all the money he earned in this job was sent to her), the "bonding", the supposed benefits, etc., but he started the presentation saying something like: "what if I told you, paying 150 dollars a month during 10 years you will be able to stay in any hilton hotel for the rest of your life?" I knew it was too good to be truth, then he tried to gaslight me telling me that I would be spending less money with the points than what I'm currently spending with my yearly travels, but what really killed it, obviously, were the maintenance fees, that's like the main curse in the tineshare, I would be paying 1500 for the rest of my life, and I asked him exactly this and his answer was "yes, until you sell it to someone else", I think he knew he f*cked up! 😅 He couldn't find a way to disguise the answer because at first he was trying to sell the fees as a good thing "we can keep the hotels in pristine condition for other owners, we're like a family looking for each other, it's just like when you have a car, you own it but you can give it maintenence once a year so it works properly", I told him I had to think about it and during that time I googled as fast as I could everything related to timeshares, then I saw that the packages (Hilton Grand Vacations) were rated with 1 to 1.5 stars everywhere and everyone talked ill about it, everyone saying "DO NOT BUY IT" and Facebook groups against it, I knew I had to say no and I got the determination to do it, when the guy came back i didn't hesitate, then they sent another lady to try to convince me to buy another package, she tried to "appeal" to me speaking in Spanish (because she supposedly had a mexican husband) but her Spanish was so poor and so broken I couldn't understand a thing of what she said, and I was kinda spacing out thinking of how evil timeshares were and how they were ruining thousands of people's lives, how much of a scam they were and I simply ended up telling her "I think I'll pass on this one" and she asked me why but I just told her again: "yea, I'll pass... 😅", she ended up very angry and frustrated and told me: "ok, go to the front desk to pick your prize for attending the presentation". I know I dodged a huge bullet here and have been mulling this over the weekend, then after some research I found that these things are inherited as well and these companies are trying to destroy in court anyone trying to get people out of their timeshares, this is probably the biggest kind of scam backed up by the law that I have ever seen in my life, I wish I could tell everyone thinking about signing how terrible this is.
I love the hidden benefits you get from attending these. This year I’ve gotten a $129 4 night hotel, a taxes/port fee only cruise for 2, 50,000 Marriott points, and just overall lovely
Haha nothing the Timeshare agents said was going to convince me, we held STRONG! Haha there were sooo many Timeshare employees there in Stage 1. Great breakdown!
Nice Video! I have one upcoming in January for Hilton in Vegas as well. I wanted to compare since I just did an IHG timesharebpresentation last month and it appears similar to Hilton in all the lame ways....
Thanks! Oooo nice, I actually enjoyed the Vegas area more than I first thought, but have fun at the timeshare, haha. Oh I didn't even think about IHG offering a timeshare; I just know of Marriott's and Hyatt's. I'll have to check out IHG, thanks for that!
I have a video coming out next week on the IHG presentation. But basically, IHG’s offer is targeted, so you may not know. But 70k IHG pts is nice. @@CalbyNg
@@regalnut86 If you don't have any intent to buy one, u should be fine. Their prices are much higher than other hotel brands (Choice); or just tell me u stay in hotels for free because u use pts; u will be out in a minutes.
Never been and based on this I can still say there is absolutely no way I would buy anything
8 หลายเดือนก่อน +32
Another exit strategy for getting smoothly through the presentation and getting your "reward" for wasted time is to say quickly YES but ask for the contract so you can get advice from your lawyer. And yes, there will be 2-4 persons trying to convince you, but your argument will and should always be: I am not getting into a deal without getting proper consultations with my lawyer, let alone trust you just on your word and wire the money. They realised that I was stubborn as hell, and there was 0% chance of getting me signed anything. The last person was a bit more aggressive, but I raised my tone to the point which the f*ck are you to tell me what I can and what I can't do. He saw that the conversation escalated and everyone could hear it, and just wanted to get rid of me. Singed the paper and went to the reception to pick up the "rewards". Overall, say YES and ask for the contract. It might be easier for you to get out without listening to all their bullshits.
The problem with Time Shares, even HGVC of which I have been a member since 2009 - is Maintenance Fees. For desirable locations, Maintenance Fees may be almost $2K for your “active” year - which, while not being equal to the amount you would pay for something like the Hilton Hawaiian Village for a week, it is approaching maybe 35-40% of that amount. So when you add on what you already paid for the Time Share, and take into account the fact that Maintenance Fees NEVER go away - that is why they make no sense for most people. Yes, you can sometimes get good deals if you book within a certain timeframe (like $1,200 for a week in Hawaii if you can go within 30 days). But a lot of people can’t take advantage of that.
Wait hold on, if I’m understanding you correctly; you have to pay to stay somewhere on top of the yearly fees?! That’s insane! And you don’t have access to every property? That’s not how the salespeople made it sound; that really sucks.
@@CalbyNg No - what I'm saying is - say you pay $30K for your timeshare. You then have to pay, say $2K in Maintenance Fees each year that you stay. So if you have an every other year deal like we do - for the years that you stay, you pay maintenance fees. For your "off years" - you pay dues. In 2022 ("on year") we paid $1,665. In 2023 ("off year") we paid $199. For this year we will pay $1,890.79 (notice that huge increase, btw). Paying cash for our room would be something like $550/night, so that is $3,850, plus maybe another $500 for misc. resort BS. Let's call it $4,500. So you could say that you are paying $1,890 for something that would cost you $4,500 if you weren't part of HGVC. However - you already paid $30K to buy it in the first place. Those are the numbers you need to understand. It will ultimately pay for itself, but it will take many years.
It’s not a scam if you use your ownership and actually stay in nice resorts that would normally charge several hundred dollars per night. Do that twice per year for 20 years and you certainly benefited. If you don’t use it then it’s a waste of money.
My celebrity was Usher - Lol. i said no, and they keep sending me more extravagant offers and im like are you SURE you want to let me go to mexico for a week so i can tell you NO again???
Isnt it a bigger scam for you to take there money and be disrespectful to the people just trying to do there job then leave? While that person makes no money because it based on commission. So whats the big scam? Who leaves with money?
@@freek1318 That is why I don't go to Time Share presentations. Saleman looks at potential buyers as Suckers. Lowly educated salesman is there to make quick & easy money.
I did the math on a timeshare in the Bahamas. First of all you don’t always get the dates you want. In fact for the first few years you won’t get the dates you want. The time share you are shown is always in a great location. The one you get will be in a less desirable spot. The upfront fees and the weekly fees are enormous. I compared it to a week of my choice and the cost per week and found it to be much cheaper than buying a timeshare. Putting the money in the bank earning interest worked out much better. Only other thing. People who get a timeshare are told they can get reservations for the restaurants. We sat next to a couple with a time share who told us they had to book almost two weeks in advance. When I told them I booked an hour ago she was angry. It appears the owners give preference to hotel guests. Admittedly I have only looked at a few times shares but in all cases I have not found them to be anywhere a good value.
I have a timeshare presentation in a couple days (purely for the points) but I also work for naval aviation so I get to stay at all these resorts for free, plus I make per diem off of it lol can’t wait to see them struggle on explaining how their deal is better than what I got.
100% correct on never buying a timeshare direct and only ever using the secondary online market for free. They have no value and literally offer no savings on vacations. I promise. Our company only exists because of these owners who realize their mistakes and wants out. It's even difficult for owners looking for help to get out because many companys even scam you on the way out. The only reason we are successful is because we dont charge anything until after you're out and with no high marks ups or waiting periods. Even then, it's hard to hear through the noise because of all these other fly by night businesses and corporations.
Oh man, I have heard of the scam of people trying to get out of timeshares and paying for the fees upfront; I think John Oliver covered it, pretty crazy. Just curious what does your company do? Is it like a legal law firm way out? Or do you all just call the timeshare and annoy them, haha. And, if you're willing to, share the name of your business in case others want to reach out.
@@CalbyNg completely legal. It just depends on your situation. If the timeshare is paid off, meaning no mortgage, and it just has the annual maintenance fees, then we transfer it. We have several companies we partner with who will accept the transfer of ownership as long as we pay all the associated costs. If the timeshare does have an active mortgage, a loan on it, then we need to cancel out the ownership contract+mortgage. This is where you need a lawyer. We use of one of the two firms we partner with and the fact that your consumer rights have been violated at the time of sale (which they always are) to get the contract cancelled out. We do this work with no money upfront, so no payment until the client is satisfied, and we guarantee our work for life.
I once considered buying a re-sale timeshare in New Orleans. The annual fee was $500...for one week, and the whole complex was closed for repairs at the time due to hurricane damage. Talk about a bad deal....you couldn't give that thing away.
I went to Myrtle Beach for a Hilton timeshare presentation. First, they offered points when I was making a phone booking to be sold the package, then they gave me a 4 day stay for $220 after tax, with a $200 certificate (lots of restrictions, you're locked into one brand, any value above one night's rate doesn't carry over, etc). Overall not bad, and it gave me an excuse to use my Aspire resort credit. And the $200 Embassy credit will pair nicely with the July-December resort credit. I didn't even need to lie, I just told the guy that I don't pay cash for hotel stays and that I wouldn't make a decision the same day for a major purchase, and he admitted that it wouldn't be a good fit for me.
I wish I could have gone with you guys at the Vegas meet. I'm an expert in this field and specialize in the fundamental financial aspects of the timeshare game. They're selling an inferior product based on psychological manipulation. Pointing out how they dilute their value by giving away all these dirt-cheap rooms was wise. The point-and-mile programs we all love, devalue their product as well. Looking at current resale listings gives you an idea of what your exit strategy will be like 7-8 years later when 50% of timeshare owners want out. The bottom line is there is very little demand for their product, but they spend millions on shady sales techniques to trick people into buying.
I honestly had a great time there at the Timeshare, got to get free water and snacks if I wanted, person trying to sell me while I tell them my woes and at the end, get 100k points. Honestly was an easy experience and you showcased the stages very well, I forgot about that 3rd person haha. He was in and out within 2 minutes 😂. “LIES” haha. This was great Calby!
One time I attended to this timesheet meeting presentation and lady told me that Disneyland in Orlando cost $10K but with timeshare it will only be annual fee. I was like 10K? Then I took my phone and I showed her AirBNB lol.
you will OWN nothing...haha man these are a great deal to get discounted stays during busy weekends. Worth the time and I used it as an entertainment opportunity
Hahaha for sure; I feel like most people know timeshares are a scam but keep falling for them. At the very least, like you said, they are great to take advantage of 😼
We did one, stayed at a nice hotel resort for 3 days and spent half of those 3 days in a timeshare meeting. It took hours but after it was done we were free.
Love the passion of the salesman that “lost” a good friend that never got to travel. Their pitches are always similar. If you’re looking, buy one 2nd online. People are giving them away
You should be able to travel as a group; however, it’s only required for the person booking the room and your spouse if you’re legally married; if not they aren’t required to go if they don’t want to.
I was stuck in a timeshare presentation for three hours, just to get two Disney tickets for free! They initially asked for 25K then lowered the price to 2K at the end but I declined because I've started to inquire about the yearly membership fee...😆
Can i use a fake email to sign up for these timeshare presentation ads? When i go to claim my points later are they going to use the same fake email to send it to?
Good question, I'm not sure since I was getting Hilton Points and needed to share my Hilton account numbers anyways. But I don't believe they used your email address really. I can say they don't email you that much from my experience and it's been a year and half since I attended the timeshare.
Ha, looking at the commentors I can tell you're in the credit card game. We sold ourselves on a Hilton Timeshare 2 years ago and regret it. We were already thinking about buying, and jumped into resale before our presentation package. $100 for a timeshare sounded good on the surface, until you realize you're not saving enough money, and you're exposed to Florida insurance and infrastructure legislation. We ended up trading it back for a $2,200 contract in Las Vegas, which is costing us $650 per year less. Fees in Florida are going up 9.5% next year, in Las Vegas, 3.75%. In a nutshell, we're going to be staying in Waikiki every other year, at half the price of the hotels, let alone beach resorts.
I went to one a few years ago. I got thrown out after about an hour. They finally realized I wasn't going to buy. I told them I was there for the free room. I was there for the SEMA show. I didn't even get a gift. Lol
Unfortunately I don't have that experience; but I may do the research on it. I do know you have to be careful with some exit timeshare companies they can be just as scammy.
Going to a timeshare or going to a timeshare meeting? I went to a timeshare meeting because they gave me reduced rates for the hotel, along with Hilton points for a vacation I was already going to take.
Went to one for some attractions tix. After they realized they were defeated, they showed me the door. When i asked where to pick up the tickets, they responded, with a dumfounded look “oh, you were promised a gift?”. She showed me to a different door
I'm owner of HGV and i LOVE my ownership BUT i travel a LOT!!!!!! If you don't go on a vacation almost 100 days a year it's a matter of fact that timeshares will not work for you.
I’m gonna have to go to a meeting soon cause I got a discounted vacation . Spent $200 for 5 nights which would of costed $800 . They can afford to do this since if they get you to buy a time share you’ll be spendings thousands over time .
It was about two hours; it started 11:15AM and ended at 1:00PM; however, I noticed if you show any interest they'll keep you for much longer. There were people in our group who were still with the timeshare salespeople when we came back to the hotel at 4PM.
For us, it was 2 hours because every new presentation happened every 2 hours. However if you show any interest; they would be willing to spend more time with you. I saw a couple who spent 6 hours talking to the sales person.
You can short the whole sales process by simply, and in a loud voice so other suckers, oops I mean potential customers, can hear you. Just say. "I am very interested but will only consider signing if you amend the contract to include a clause that allows me to cancel any time without cost or any other further payments owing". This will sent the sales people into a spin because nobody in the room has the authority to agree to variations in the contract. Guaranteed you will immediately be marched to the exit to collect your attendance prize.
Damn how long were you there...sounds like more then a 90 min presentations... I just go, set my timer for 90 mins and when done, say, OK where's my free gift...😂
they held me and my wife for 2 hours on one of those. the free gift was a dinner on a fancy restaurant, except they "forgot" to register our ticket for the free dinner when he didn't wanted to buy it(we didn't have the money lol)
I asked if I decided I didn’t wantit could get rid of it. He said we might buy it back or you could just Quit the deal paying. Then he told me It’s not linear would garnish your wages. You would just get a few letters in the mail. I was talking about owning not financing. So all I was thinking of Was the HOA FEES. They got close to getting me. But I don’t buy anything that a salesman says without a cooling off period.
I didn’t have to show them; and I’ve read stories of people lying about their income just to be approved to attend and in those stories, the timeshare people didn’t check. Of course these are our experiences.
Surprisingly no, we kept asking them to clarify the timeshare program and I think they just wanted to get rid of us at this point. But I saw most of everyone else was forced to take a tour.
"most workplaces only give you two weeks vacation" - jawdrop moment for me. In my country legal minimum is 4, 5 is standard and nicer jobs ofer 6 as a benefit. It is a small wonder there isn't more suicides in US
Ditto. In Australia its 4 weeks annual leave plus 10 public holidays plus typically long service leave after 10 years ( a once only extra 3 months off).
I aspire to allocate the majority of my time to travel, given the extensive commitment I presently devote to interpersonal engagements. Regrettably, I must decline further business transactions. Wishing you a most enjoyable journey.
So my deal was $765 for 6 nights in Honolulu and 15k HA Miles. I still have not gotten my miles yet . In the first stage I raised my hand in the group and said you know those points cost $7 a point. The lady that was trying to sell me was bragging about her employee rates $80 night at Waldorf Astoria that costs $1000. They lie constantly they made me sit for 2hrs plus . I got no email or anything after just sign and go I think miles take longer . Lastly the manager said ohh that’s all they offered you we got people getting hundreds of thousands of Hilton points that sucks I was like that is all I got offered.
Oh not bad for a stay at Honolulu. Interesting, not sure if we would have the exact same experience but after your meeting did they have you sign a sheet saying you attended the timeshare meeting? Because that was the only way we got our Hilton points. If so, or even if not so, I would give them a call and ask them to honor the gift. Right! Those timeshare people lie all the time, we countered by saying the Hilton Aspire credit card is actually better and they told us they have the Hilton Aspire card but didn't know about any of the benefits. Eh, HA Miles seem better than Hilton points, especially when each of them are worth half a cent, haha.
@@CalbyNg so I finally got my 15k ha miles I value them at 1 cent a point it’s equal to getting 60k miles and the Hilton Waikiki beach was really nice decent vacation definitely 4 star hotel . I’m thinking about doing Marriott or blue grass it looks like I have to wait a year before I can do HGV again.
The presentation is to set you up for the salesperson. It is not a joke. It tells you why you should get it. Then, salespeople say how much. Was this your first time in the presentaion?
Haha, I went to the same time share place (recognise the layout) and had the same guy doing the group presentation with the same story you told. I didn’t get the final “closer” / manager guy though. Only met with the one advisor. I had no intention on buying anything but overall I think it was a decent experience actually. I didn’t buy anything. My points never showed up though. I tried to follow up repeatedly and never got them.
my Holiday Inn fees was 550 for a week of time shares back in 2012 which was pretty good value, but they double every other year and now they are 1600 for that week in 2024 which i can book for much cheaper on any website
I love timeshare salespitch deals. Depends on the salesperson you get once I got a salesperson that was originally from India 5 minutes and he knew I wasn't going to buy anything so we spent half an hour talking about the best places in India to vacation, I still have notes from that chat. Also sometimes MVC has online salespitch deals, attend an online salespitch and get 50k Bonvoy points, super easy.
Oh wow that guy seems cool; just curious, did they have to keep you there a certain amount of time, instead of letting you go? I’ve seen those MVC deals! Glad you were able to take advantage of them! I signed up for one but they never got back up with me unfortunately 🥲
@@CalbyNg yes it seems like the 30 minutes minimum amount of time that he could tell his boss, I am not going to buy. With MVC I have always called the 800 number to signup.
I've had timeshare at Massanutten resort since March 2000. I don't understand why people give it such a hard time. The actual presentation wasn't all that fun, but I don't have any complaints about my program. I can't speak for Hilton I don't know anything about their program.
My Hilton timeshare meeting is on the 13 of this month . I’ll keep you posted on how it goes. With Marriott It was super easy . But it lasted 3 hours ..I acted interested the whole time then at the end said I was going to buy a house and I didn’t want it to affect the first time homebuyer program . And they said it wouldn’t And I told them “ well I don’t want to take any chances just in case “ And they offered to bring me back for the same price . 5 nights stay in Hawaii for 800 and a couple of Marriott points . I do remember being super hungry at the end
To name a few: Ridiculous cost. Annual maintenance charges. Zero resale value. Special assessments. Lifetime contracts and beyond in some cases. Limited options. Often limited availability for "vacation clubs." Unethical selling practices.
I’ve been on one timeshare before. Learned a lot from that one time and of course did not buy anything. Now I know how to navigate it, I’m thinking of going on another sales pitch for a cheap vacation
I’m here that it’s not legal to sell someone a timeshare for more than 50 years in the Europe and uk so if true then would the timeshare be totally refundable and not just the cost but also the amount of interest that would have been generated from the money that was invested in the illegal transactions
I must be the only happy timeshare owner here. I'm in Hilton - HGVC. Here's why it works for us: 1. I get 6 weeks off work each year. I have time to use it. 2. We would be traveling in any event, usually paying $3000 - $5000 / week for accomodations 3. We travel internationally 4. Since we are a family, a 2 bedroom "condo style" unit with a kitchen and living room and 2 bathrooms is way better than cramming into a hotel room. These aren't cheap. So, since we would be spending premium money already, timeshares pay for themselves pretty quickly in our case. 2 things to remember though 1. Buy the timeshare on the pre-owned market from someone who wants to unload theirs. Buy in a favorable low maintenance fee to points location (Vegas, Scotland) and not a less favorable location (NYC, South Carolina, Florida). 2. Plan and reserve your vacation 9 months out. If you weren't already getting the time off work, already spending the money, and already planning vacations 1-2 years ahead of time, you are probably not going to be able to make good use of timeshare ownership.
For me, yes; because it wasn’t that long and I paid $250 for the 3 day stay (where as other hotels during that time I would have paid $600 for a 3 day stay), but I also got $500 worth of value (Hilton Points) I used to book a property near Vail, CO. So in my opinion I don’t mind it; of course everyone is different, my buddy Luke Points and Miles would rather not, haha.
I gotta do one of these at the Hilton in Las Vegas. They told me it would be only 2hrs, can they really hold you longer past that? Like, if you say you’re not interested what’s really the point of holding ppl hostage. Once the presentation is given that really should be it. None of this going to multiple rooms to sit down with ppl to have pointless conversation. So not looking forward to it sMh 🤦🏽♂️
Dude. I just came back from one. 21-23rd it’s not two hours more like 40 minutes. Then they let you go take a bathroom break and tell you the representatives are gonna come grab you and tell you more. Please GOD say no. I just sent in our cancellation paperwork today. This is after we said yes to a 20k purchase. They don’t tell you it cost 119 minimum just to roll your points over to the next year. Otherwise you lose them. They keep trynna get personal information about your spending on vacations then threaten you with “ inflation is gonna rise this is the best time to buy bs “ I did the math on 273$ a month for a year. We only spend roughly 1800 a trip with everything included once or twice a year. … by month 12 with that monthly we’re paying 3276. Not even including the at the time 1785 HOA fees annually , that are mandatory. Thars 5k a year bro to prolly not even use it. X that by 10 years we signed and that’s 50k. 30 thousand more than the price. They also don’t read everything over when you sign with the notary. This entire thing is a scam. Just take the few days at the hotelS and say you’re not interested in the Hilton point system. They’re gonna try to sell you on that it’s not a timeshare . But I promise THARS absolutely the opposite. It’s an even worse one
@@gman0397 Thank God, I think you’re the only person I’ve seen say it was that short. I’m guessing bc most people get roped in. But yea bro, I started watching YT videos to get an idea of what to expect and the majority regretted their decision. Just as you stated when you do the math you end up spending more than the average American spends on vacation. Also most people don’t have frequent vacation time from work to really benefit from it. Even with all the costs you mentioned, that doesn’t account for plane tickets, money spent doing activities, going out to eat etc. Unless the timeshare/resort property comps you (besides air-fare), but then you’re limited to just whatever they have to offer. I’m definitely not concerned about anyone talking me into purchasing a timeshare, especially given the information I know now. Just want to get it over and done with 😅
Timeshare presentations are 💩💩💩 The tactics they use are something else. They gotta know that 99% of peeps aren't interested. Thanks for the info + video!
I also have experienced this at a Sale pitch. I bought my timeshare for only $400 in escrow fees. Buy weeks from people that want out of the monthly maintenance fees.
Timeshare presentations are like a mortal kombat tower challenge and it keeps getting harder the higher you go, if you keep saying no you will win fatality style.
Ha! That's a good way to put it 🤣
😂😂😂😂😂😂😂
I went to a presentation, wasted 2 hours of my vacation but I received a $100 gift card and my hotel was paid for 7 days. The look on their faces when I said I’m not interested was hilarious
Absolutely a total waste, but I think those gifts and stay do make it worth it, imo. Seems like you got a better package than me though! I still had to paid $150 for 3 nights. You've done good 👍
Except for those who have a hard time saying "no". That's not me, but I know some ppl like that.
@@SewHappy061 Oh for sure, those people should totally not go to the timeshare meeting; those salespeople can be rough.
loser..
in my personal opinion if you had a good vacation, and got $100.00 than it didn't waste 2 hours of your time, maybe theirs tho. that said DO NOT BUY A TIMESHARE. but as long as you can say no, feel free to take advantage of their promotions
Last time I went to one of these, I told them straight up, "We will never buy one of these, so let's not waste our time. Now give us the free tickets you promised and we'll be on our way." They didn't give us any grief and let us move on.
Whoa that's interesting; our wouldn't let us go until the time limit was up.
HGV bills it as an “owner’s update”. When we go we tell them right upfront we are here for the update but we are not buying anything. We do sit there through their presentation though. Then we collect the freebies and leave.
I love when they get angry when they realize it’s just not going to happen.
Ha! Right!! Like what were they expecting?
We had one that got super upset. Next day took away any deal that they offered before the meeting.
Math logic analytical thinking and a desire to travel and stay more than in airport hotels
lol I want to see that face too hahaha
😂 Dude was so mad I wasn’t going to budge.
Here’s what I do: Go in wearing modest clothes, and a small notepad and pen. When you check in, write your name down and show the clerk… eventually they will ask, are you mute or can’t speak? Nod your head and smile, being as polite as possible. When they ask questions, write down your answers, and just stick with the plan. They quickly realize after you write the word “No” several times that you’re not going to speak. They will give up, and when signing out after getting the reward, politely say, “Thank you, this was a pleasant experience” and walk off.
I’ve done dozens of these, usually in resorts or Vegas, and it works like a charm everytime. I even had a salesman stop me on my way out laughing and saying the tactic was very clever. You owe them nothing, give them nothing, get your reward.
WRONG. NEVER walk into a timeshare presentation anywhere ever....
I tried this and they retracted my free hotel because this fails the requirements of going to the meeting
@@mikermiks5784 then you didn’t do it right. Nothing being done violates any other terms and agreements. If you left early, that’s on you. I don’t leave until they are frustrated to the point they give up and usher me to the claim table.
You got this one right. They try to pretend that they are your best friend, so that you will feel bad telling them NO.
Not true
@freek1318 oh but it is absolutely true. People confuse personality and character allowing financial vultures to ruin lives and create nightmare for naive buyers.
I am a timeshare salesman and started last year. I have never once sold anything like that in never once pressured anyone. I always was meaningful when i spoke with someone and i genuinely care for people in general and believe everyone deserves respect. So i am always kind. If they want it, i help them. If they dont. I dont sit here and bully them. I tell them from the beginning that no matter what they decided to do today. That the most important thing to me is for them just to have a good time with me today. The reason i say that is because when they say no at the end, it does not bother me. I believe if it was meant to be it will be. I refuse to bully anyone into doing somthin they dont feel comfortable doing. So i am not like most salesman. There for you can not persecute me and say i am like the rest and that i am a vulture who takes advantage of people and if you do then you are just prejudice for thinking that way and you dont have a kind heart which is fine. But i only am commenting to try and help people understand that not all people in sales are like that. I hope that you can understand that.
@@freek1318 My guess is that those timeshare operations (why do they still exist?) that are associated with famous brands, like Hilton, Marriott, etc. do have to protect the brand name somewhat. But, I am also guessing that those who are purely timeshare operations may use hard sell tactics. Timeshares are an insane nonsense. The inclusion of "in perpetuity" in their contracts makes them financially super dangerous. Their customer service, I hear from videos, are nothing more than buying more time share contracts. I find it difficult how can anyone still get fooled to get into these contracts. I read that cars depreciation 10% when driven off the lot, RV's depreciation 30%, but timeshare contracts the moment after signing depreciate 100%.. You cannot even give them away or in many cases cancel, per these articles. An acquaintance of mine had a timeshare salesmen as peresonal friend, and the salesman told my work buddy that he felt like timeshare salespeople have no souls, but the money is good if you can live with what you are doing to people. This is what I heard and read about these things. Personally, I cannot imagine what niche of population for whom these contracts would be of an advantage, except for salespeople, and these organizations.
@@freek1318 What happens when your manager pressures you for more sales?
I would never buy a timeshare! It's such a scam. I know someone that has one and I couldn't believe that every time they go back to that place, they have to attend another meeting to try and scam them to upgrade! Unbelievable.
Ohhh now that's something I've never heard of; didn't realize even though you bought a timeshare you need to continue attending meetings. I was thinking it was a one and done situation, but that's terrible.
I have an every other year timeshare never been forced to upgrade 😊
that's good. I don't think these ppl were 'forced' but rather strongly encouraged to upgrade. Another strong-arm sales tactic. @@jonathangatto
@@jonathangatto Oh? I'm just curious why did you buy a timeshare?
Thought it was a good idea to get a nice place for 9k and get to use it every year with RCI. I was nice back in 2011 when there was not AirBNB etc. But now I do not feel it is worth it anymore. I just might rent it out to make the maintenance fees back. I tried to give it back lets see if they take it back
@@CalbyNg
Unbelievable!!!! I watched your video during my drive over to one of the vacation ownership places in Las Vegas. I already live here so I was not going to purchase anything but wanted to go for the gifts and to learn a little more about their product. Literally 5 minutes into the presentation, my advisor told me that his uncle got into a car accident awhile back and when they were running tests on his injuries, they discovered that he has cancer. This is exactly what you went over around the 3:05 mark on this video. As soon as my advisor told me that, he lost all credibility. Towards the end,I must have told him no, I’m not buying 7 times. I even wrote NO in big letters all over his paperwork twice! I even had a tally counter that I ticked on his paperwork. He told me that I wasn’t going to get my incentives. I exploded!! I started screaming in front of everyone that I want a manager! The sales guy tried to quiet me down in a condescending manner! I told him that most likely I’m going to go to jail for causing a scene if they don’t give me my gift immediately. The sales guy backed off and I got my gifts! Of course the girl who gave me my gift tried one last time to sell me something.
Bro that was Joey Fatone
That part had my DYING! "He's like an actor? Or something..."
Some people are too young to actually know who he is!!!
@@jamesburke2110I’m too young for the Beetles but I still know who they all are. 😂
I had to stop the video in shock. 🤣 The age difference makes sense tho. 😁
Joey Fatone dissed me at Bon Jovi concert in Tampa in 2006 🤣🤣🤣. I got no love.
Love it! Just finished a 3 hour timeshare presentation at Pueblo Bonito...my wife and I played good cop bad cop. We ended up getting $400 in benefits by way of a party boat and dinner cruise. It was fun but yeah...you have to be on your guard!
Haha I love that y'all made that experience into a positive one. Personally, I just hate having to deal with stuff like that so I'll use my points instead for my bookings, but for balling on a budget, attending these meetings (and NOT buying anything) could be a decent strategy! Nice video Calby 👊🏼
My husband and I bought a time share over 20 years ago. It was of benefit to us for the first 18 years. Every year it went further downhill, until the last 2 years, where we didn't go but paid the maintenance fee. to finish out our contract. Overall, the purchase and the maintenance fees were cheaper than what it would have cost us for a full vacation over the years because the cost of everything in resort areas went up. We are actively in concert with around 80 people going through the attorney general trying to get back some of the money we paid over the last 2 years due to the current owners not honoring the contracts. We are lucky, though, we only had a contract for 20 years. For those that did those lifetime contracts, yikes.
Promo to stay at the Hilton Grand Vacations Club for 3 nights for a total of $129!!… and all I have to do, is sit in this 2HR+ presentation?? Aight bet!! I’ll come fully prepared and equipped with my weed edibles/water/snacks/popcorn on deck to enjoy the show 😎
I got the same deal AND get the $129 back. I went to one back in 2022. I kept telling them NOOOOO but they finally gave up 😂😂😂
how did you get the 129 back? 😂@@shawtyblackatl
@@ReallyDru it was the deal they sent 2 weeks ago so i bought it. They sent another one thats $99 but i like FREEEEE better
Great review Calby! Sounds like I should not even bother with these meetings, but thanks for the DL on them. Always wondered what they were like!
I went to a presentation once not knowing that it was for timeshare sales. Later when I realized, I did a quick research on google on what to expect and how to act. I just couldnt hold my laugh because everything you said in this video is 100% spot on. Lol there were 2 different "higher up" people who came to talk to me as I kept saying no and I just burst out in laughter as they keep lowering the prices. Lol the agent even said "why are you laughing?" 😂 Overall, it was a good learning experience, but I wouldnt do it again. Thank god I already knew about not signing up for a Timeshare. And yes, their faces were priceless.
if you already know what to do, than why not take advantage. usually they give great discounts
"Why are you laughing?"
Because you're full of it. 😂😂😂
Great job! I want to go to one of these just to challenge myself and hone my “say no” skills.
It's definitely a challenge; but you're right prbly the best practice you'll ever get. Even compared a used car salesman, haha
I got into a timeshare presentation for Hilton this past weekend in Orlando and it was very annoying because they told me it would be 2 hrs but it ended up being more than 4 (and I missed the first few hrs of EDC... 😒), they put a hispanic guy specifically to talk to me because my name sounds definitely hispanic, I showed myself very enthusiastic all the time and everything went to the teeth, just exactly as you're describing, step by step: the personal story (the guy told me that his mom had cancer and all the money he earned in this job was sent to her), the "bonding", the supposed benefits, etc., but he started the presentation saying something like: "what if I told you, paying 150 dollars a month during 10 years you will be able to stay in any hilton hotel for the rest of your life?" I knew it was too good to be truth, then he tried to gaslight me telling me that I would be spending less money with the points than what I'm currently spending with my yearly travels, but what really killed it, obviously, were the maintenance fees, that's like the main curse in the tineshare, I would be paying 1500 for the rest of my life, and I asked him exactly this and his answer was "yes, until you sell it to someone else", I think he knew he f*cked up! 😅 He couldn't find a way to disguise the answer because at first he was trying to sell the fees as a good thing "we can keep the hotels in pristine condition for other owners, we're like a family looking for each other, it's just like when you have a car, you own it but you can give it maintenence once a year so it works properly", I told him I had to think about it and during that time I googled as fast as I could everything related to timeshares, then I saw that the packages (Hilton Grand Vacations) were rated with 1 to 1.5 stars everywhere and everyone talked ill about it, everyone saying "DO NOT BUY IT" and Facebook groups against it, I knew I had to say no and I got the determination to do it, when the guy came back i didn't hesitate, then they sent another lady to try to convince me to buy another package, she tried to "appeal" to me speaking in Spanish (because she supposedly had a mexican husband) but her Spanish was so poor and so broken I couldn't understand a thing of what she said, and I was kinda spacing out thinking of how evil timeshares were and how they were ruining thousands of people's lives, how much of a scam they were and I simply ended up telling her "I think I'll pass on this one" and she asked me why but I just told her again: "yea, I'll pass... 😅", she ended up very angry and frustrated and told me: "ok, go to the front desk to pick your prize for attending the presentation".
I know I dodged a huge bullet here and have been mulling this over the weekend, then after some research I found that these things are inherited as well and these companies are trying to destroy in court anyone trying to get people out of their timeshares, this is probably the biggest kind of scam backed up by the law that I have ever seen in my life, I wish I could tell everyone thinking about signing how terrible this is.
I love the hidden benefits you get from attending these.
This year I’ve gotten a $129 4 night hotel, a taxes/port fee only cruise for 2, 50,000 Marriott points, and just overall lovely
Haha nothing the Timeshare agents said was going to convince me, we held STRONG! Haha there were sooo many Timeshare employees there in Stage 1. Great breakdown!
They all have the same strut.
Nice Video! I have one upcoming in January for Hilton in Vegas as well. I wanted to compare since I just did an IHG timesharebpresentation last month and it appears similar to Hilton in all the lame ways....
Thanks! Oooo nice, I actually enjoyed the Vegas area more than I first thought, but have fun at the timeshare, haha. Oh I didn't even think about IHG offering a timeshare; I just know of Marriott's and Hyatt's. I'll have to check out IHG, thanks for that!
I have a video coming out next week on the IHG presentation. But basically, IHG’s offer is targeted, so you may not know. But 70k IHG pts is nice. @@CalbyNg
@@W0ngwaytravels We are doing an IHG presentation in Gatlinburg, TN in six days; at Westgate Resort. Anything to offer up for me?
@@regalnut86 If you don't have any intent to buy one, u should be fine. Their prices are much higher than other hotel brands (Choice); or just tell me u stay in hotels for free because u use pts; u will be out in a minutes.
Never been and based on this I can still say there is absolutely no way I would buy anything
Another exit strategy for getting smoothly through the presentation and getting your "reward" for wasted time is to say quickly YES but ask for the contract so you can get advice from your lawyer. And yes, there will be 2-4 persons trying to convince you, but your argument will and should always be: I am not getting into a deal without getting proper consultations with my lawyer, let alone trust you just on your word and wire the money. They realised that I was stubborn as hell, and there was 0% chance of getting me signed anything. The last person was a bit more aggressive, but I raised my tone to the point which the f*ck are you to tell me what I can and what I can't do. He saw that the conversation escalated and everyone could hear it, and just wanted to get rid of me. Singed the paper and went to the reception to pick up the "rewards". Overall, say YES and ask for the contract. It might be easier for you to get out without listening to all their bullshits.
The problem with Time Shares, even HGVC of which I have been a member since 2009 - is Maintenance Fees. For desirable locations, Maintenance Fees may be almost $2K for your “active” year - which, while not being equal to the amount you would pay for something like the Hilton Hawaiian Village for a week, it is approaching maybe 35-40% of that amount. So when you add on what you already paid for the Time Share, and take into account the fact that Maintenance Fees NEVER go away - that is why they make no sense for most people. Yes, you can sometimes get good deals if you book within a certain timeframe (like $1,200 for a week in Hawaii if you can go within 30 days). But a lot of people can’t take advantage of that.
Wait hold on, if I’m understanding you correctly; you have to pay to stay somewhere on top of the yearly fees?! That’s insane! And you don’t have access to every property? That’s not how the salespeople made it sound; that really sucks.
@@CalbyNg No - what I'm saying is - say you pay $30K for your timeshare. You then have to pay, say $2K in Maintenance Fees each year that you stay. So if you have an every other year deal like we do - for the years that you stay, you pay maintenance fees. For your "off years" - you pay dues. In 2022 ("on year") we paid $1,665. In 2023 ("off year") we paid $199. For this year we will pay $1,890.79 (notice that huge increase, btw). Paying cash for our room would be something like $550/night, so that is $3,850, plus maybe another $500 for misc. resort BS. Let's call it $4,500. So you could say that you are paying $1,890 for something that would cost you $4,500 if you weren't part of HGVC. However - you already paid $30K to buy it in the first place. Those are the numbers you need to understand. It will ultimately pay for itself, but it will take many years.
Very well stated and spot on! 🎯
Thanks!
It’s not a scam if you use your ownership and actually stay in nice resorts that would normally charge several hundred dollars per night. Do that twice per year for 20 years and you certainly benefited. If you don’t use it then it’s a waste of money.
My celebrity was Usher - Lol. i said no, and they keep sending me more extravagant offers and im like are you SURE you want to let me go to mexico for a week so i can tell you NO again???
Ohhh mann, I think you had a better celebrity imo. Crazy these celebrities even agree to be a part of the timeshare scheme. Ha! Nice, squeeze them!!
Biggest scam on the planet! It’s like Hotel California, you check in but you can never leave!😮
Love this reference 😂😂😂
Bingo !
Isnt it a bigger scam for you to take there money and be disrespectful to the people just trying to do there job then leave? While that person makes no money because it based on commission. So whats the big scam? Who leaves with money?
@@freek1318 That is why I don't go to Time Share presentations. Saleman looks at potential buyers as Suckers. Lowly educated salesman is there to make quick & easy money.
😂😂😂Exactly….had a presentation yesterday. It was 4 hours!!! I left with my wife
that 'celebrity' was Joey Fatone from NSYNC, you're definitely went to hs in the 2010s lol
That's right on the money! haha
I did the math on a timeshare in the Bahamas. First of all you don’t always get the dates you want. In fact for the first few years you won’t get the dates you want. The time share you are shown is always in a great location. The one you get will be in a less desirable spot. The upfront fees and the weekly fees are enormous. I compared it to a week of my choice and the cost per week and found it to be much cheaper than buying a timeshare. Putting the money in the bank earning interest worked out much better. Only other thing. People who get a timeshare are told they can get reservations for the restaurants. We sat next to a couple with a time share who told us they had to book almost two weeks in advance. When I told them I booked an hour ago she was angry. It appears the owners give preference to hotel guests. Admittedly I have only looked at a few times shares but in all cases I have not found them to be anywhere a good value.
I have a timeshare presentation in a couple days (purely for the points) but I also work for naval aviation so I get to stay at all these resorts for free, plus I make per diem off of it lol can’t wait to see them struggle on explaining how their deal is better than what I got.
How did it go?
How did it go?
How did it go?
How did it go?
How did it go?
100% correct on never buying a timeshare direct and only ever using the secondary online market for free. They have no value and literally offer no savings on vacations. I promise.
Our company only exists because of these owners who realize their mistakes and wants out. It's even difficult for owners looking for help to get out because many companys even scam you on the way out. The only reason we are successful is because we dont charge anything until after you're out and with no high marks ups or waiting periods. Even then, it's hard to hear through the noise because of all these other fly by night businesses and corporations.
Oh man, I have heard of the scam of people trying to get out of timeshares and paying for the fees upfront; I think John Oliver covered it, pretty crazy.
Just curious what does your company do? Is it like a legal law firm way out? Or do you all just call the timeshare and annoy them, haha. And, if you're willing to, share the name of your business in case others want to reach out.
@@CalbyNg completely legal. It just depends on your situation.
If the timeshare is paid off, meaning no mortgage, and it just has the annual maintenance fees, then we transfer it. We have several companies we partner with who will accept the transfer of ownership as long as we pay all the associated costs.
If the timeshare does have an active mortgage, a loan on it, then we need to cancel out the ownership contract+mortgage. This is where you need a lawyer. We use of one of the two firms we partner with and the fact that your consumer rights have been violated at the time of sale (which they always are) to get the contract cancelled out.
We do this work with no money upfront, so no payment until the client is satisfied, and we guarantee our work for life.
@@CalbyNg if you want to check us out more, just google "Clarity Transfers"
I've done four meetings so far to get four fun cheaper vacations
Orlando, Los Cabos, Lake Tahoe, Big island of Hawaii, and New Orleans coming up later
Might as well take advantage 👍
I once considered buying a re-sale timeshare in New Orleans. The annual fee was $500...for one week, and the whole complex was closed for repairs at the time due to hurricane damage. Talk about a bad deal....you couldn't give that thing away.
I just tell them my attorney needs to review the deal before I sign anything.
Sounds great
I went to Myrtle Beach for a Hilton timeshare presentation. First, they offered points when I was making a phone booking to be sold the package, then they gave me a 4 day stay for $220 after tax, with a $200 certificate (lots of restrictions, you're locked into one brand, any value above one night's rate doesn't carry over, etc).
Overall not bad, and it gave me an excuse to use my Aspire resort credit. And the $200 Embassy credit will pair nicely with the July-December resort credit.
I didn't even need to lie, I just told the guy that I don't pay cash for hotel stays and that I wouldn't make a decision the same day for a major purchase, and he admitted that it wouldn't be a good fit for me.
I wish I could have gone with you guys at the Vegas meet. I'm an expert in this field and specialize in the fundamental financial aspects of the timeshare game. They're selling an inferior product based on psychological manipulation. Pointing out how they dilute their value by giving away all these dirt-cheap rooms was wise. The point-and-mile programs we all love, devalue their product as well. Looking at current resale listings gives you an idea of what your exit strategy will be like 7-8 years later when 50% of timeshare owners want out. The bottom line is there is very little demand for their product, but they spend millions on shady sales techniques to trick people into buying.
I honestly had a great time there at the Timeshare, got to get free water and snacks if I wanted, person trying to sell me while I tell them my woes and at the end, get 100k points.
Honestly was an easy experience and you showcased the stages very well, I forgot about that 3rd person haha. He was in and out within 2 minutes 😂.
“LIES” haha.
This was great Calby!
One time I attended to this timesheet meeting presentation and lady told me that Disneyland in Orlando cost $10K but with timeshare it will only be annual fee. I was like 10K? Then I took my phone and I showed her AirBNB lol.
😂😂😂 and there are some really cool looking Airbnb out there
"not as bad as you think" proceeds to describe how they are exactly as bad as i think
you will OWN nothing...haha man these are a great deal to get discounted stays during busy weekends. Worth the time and I used it as an entertainment opportunity
Hahaha for sure; I feel like most people know timeshares are a scam but keep falling for them. At the very least, like you said, they are great to take advantage of 😼
@@CalbyNg I didnt fall for a scam, I was held hostage for 8 hours without my credit card and ID
We did one, stayed at a nice hotel resort for 3 days and spent half of those 3 days in a timeshare meeting. It took hours but after it was done we were free.
Love the passion of the salesman that “lost” a good friend that never got to travel. Their pitches are always similar. If you’re looking, buy one 2nd online. People are giving them away
I’m going to one in February. I’m planning on saying NOOO to it ALL!!! 😂😂
Thanks for posting this video! i just got a 4 night stay at a grand vacation hotel and was wondering how the time shares work.
Is it only for couples? Or can you travel 4 ( family group)? It did not say in the accomodations section.
You should be able to travel as a group; however, it’s only required for the person booking the room and your spouse if you’re legally married; if not they aren’t required to go if they don’t want to.
I was stuck in a timeshare presentation for three hours, just to get two Disney tickets for free! They initially asked for 25K then lowered the price to 2K at the end but I declined because I've started to inquire about the yearly membership fee...😆
Heyyyy Disney tickets are expensive nowadays, haha. Good on you for not falling for the trap!
First… 👀
Sounds like they use the boiler room approach. Now I understand why people fall for these timeshares. Good to know!
I went to one in Pigeon Forde, TN recently. This video is very accurate as to what happened.
Oof, they also have those "free" ticket booths down there
Isn't that Joey Fatone from NYSNC???🤣 I've walked out on a few. Those scammers were sure pissed! 🏃🏃🏃🏃😎
Yup that was him!
Can i use a fake email to sign up for these timeshare presentation ads? When i go to claim my points later are they going to use the same fake email to send it to?
Good question, I'm not sure since I was getting Hilton Points and needed to share my Hilton account numbers anyways. But I don't believe they used your email address really. I can say they don't email you that much from my experience and it's been a year and half since I attended the timeshare.
Ask how long for free gifts? Then pull out timer, set it, and say "go"
Ha, looking at the commentors I can tell you're in the credit card game.
We sold ourselves on a Hilton Timeshare 2 years ago and regret it. We were already thinking about buying, and jumped into resale before our presentation package. $100 for a timeshare sounded good on the surface, until you realize you're not saving enough money, and you're exposed to Florida insurance and infrastructure legislation. We ended up trading it back for a $2,200 contract in Las Vegas, which is costing us $650 per year less. Fees in Florida are going up 9.5% next year, in Las Vegas, 3.75%. In a nutshell, we're going to be staying in Waikiki every other year, at half the price of the hotels, let alone beach resorts.
I went to one a few years ago. I got thrown out after about an hour. They finally realized I wasn't going to buy. I told them I was there for the free room. I was there for the SEMA show. I didn't even get a gift. Lol
Any spot where lots of salespeople are present is a huge red flag. Run away!
For sure! It was an insane amount it was like a salespeople convention, haha
Do you know how to cancel timeshare
Unfortunately I don't have that experience; but I may do the research on it. I do know you have to be careful with some exit timeshare companies they can be just as scammy.
If you don't travel why do you bother on going to one of those? I assume just like a car insurance, it only works if you drive(?)
Going to a timeshare or going to a timeshare meeting? I went to a timeshare meeting because they gave me reduced rates for the hotel, along with Hilton points for a vacation I was already going to take.
Went to one for some attractions tix. After they realized they were defeated, they showed me the door. When i asked where to pick up the tickets, they responded, with a dumfounded look “oh, you were promised a gift?”. She showed me to a different door
I'm owner of HGV and i LOVE my ownership BUT i travel a LOT!!!!!! If you don't go on a vacation almost 100 days a year it's a matter of fact that timeshares will not work for you.
I’m gonna have to go to a meeting soon cause I got a discounted vacation . Spent $200 for 5 nights which would of costed $800 . They can afford to do this since if they get you to buy a time share you’ll be spendings thousands over time .
How long was the total presentation
It was about two hours; it started 11:15AM and ended at 1:00PM; however, I noticed if you show any interest they'll keep you for much longer. There were people in our group who were still with the timeshare salespeople when we came back to the hotel at 4PM.
How long was the whole presentation?
For us, it was 2 hours because every new presentation happened every 2 hours. However if you show any interest; they would be willing to spend more time with you. I saw a couple who spent 6 hours talking to the sales person.
My parents have three timeshares and absolutely love them so while it may not be for everybody, there are tons of people that really enjoy them.
So says a gal who sells in Orlando.
The reality is the people who "love timeshares" are a bit clueless about actual financial matters.
3:35 What website is that?
God bless everyone.
Time Share Nation; just remember there are still maintenance fees every year. Which can be expensive.
@@CalbyNg Thanks, probably won't buy just wanted to see.
God bless you.
You can short the whole sales process by simply, and in a loud voice so other suckers, oops I mean potential customers, can hear you.
Just say. "I am very interested but will only consider signing if you amend the contract to include a clause that allows me to cancel any time without cost or any other further payments owing".
This will sent the sales people into a spin because nobody in the room has the authority to agree to variations in the contract. Guaranteed you will immediately be marched to the exit to collect your attendance prize.
Whoa! I'll have to try that next time!! I'll be doing another prbly in Orlando haha
Damn how long were you there...sounds like more then a 90 min presentations...
I just go, set my timer for 90 mins and when done, say, OK where's my free gift...😂
they held me and my wife for 2 hours on one of those. the free gift was a dinner on a fancy restaurant, except they "forgot" to register our ticket for the free dinner when he didn't wanted to buy it(we didn't have the money lol)
@@Francorocco sorry to hear that man...messed up....
I asked if I decided I didn’t wantit could get rid of it. He said we might buy it back or you could just Quit the deal paying. Then he told me It’s not linear would garnish your wages. You would just get a few letters in the mail. I was talking about owning not financing. So all I was thinking of Was the HOA FEES. They got close to getting me. But I don’t buy anything that a salesman says without a cooling off period.
I have a question they have a minimum income amount but do I have to show them proof of income ?
I didn’t have to show them; and I’ve read stories of people lying about their income just to be approved to attend and in those stories, the timeshare people didn’t check. Of course these are our experiences.
most the ones i have gone to, they require you to show them a credit card.. but thats about it
Didn't they show you the property?
Surprisingly no, we kept asking them to clarify the timeshare program and I think they just wanted to get rid of us at this point. But I saw most of everyone else was forced to take a tour.
"most workplaces only give you two weeks vacation" - jawdrop moment for me. In my country legal minimum is 4, 5 is standard and nicer jobs ofer 6 as a benefit. It is a small wonder there isn't more suicides in US
Ditto. In Australia its 4 weeks annual leave plus 10 public holidays plus typically long service leave after 10 years ( a once only extra 3 months off).
I get 5 weeks in the us
I get 4.5 weeks in the US.
I think that "celebrity" was one of the Nsync or Backstreet guys
It was Joey Fatone from Nsync
We did three of them with Marriott, and they removed us from their list! No more invites.
I aspire to allocate the majority of my time to travel, given the extensive commitment I presently devote to interpersonal engagements. Regrettably, I must decline further business transactions. Wishing you a most enjoyable journey.
2:49 I believe that’s Joey something from N Sync
So my deal was $765 for 6 nights in Honolulu and 15k HA Miles. I still have not gotten my miles yet . In the first stage I raised my hand in the group and said you know those points cost $7 a point. The lady that was trying to sell me was bragging about her employee rates $80 night at Waldorf Astoria that costs $1000. They lie constantly they made me sit for 2hrs plus . I got no email or anything after just sign and go I think miles take longer . Lastly the manager said ohh that’s all they offered you we got people getting hundreds of thousands of Hilton points that sucks I was like that is all I got offered.
Oh not bad for a stay at Honolulu. Interesting, not sure if we would have the exact same experience but after your meeting did they have you sign a sheet saying you attended the timeshare meeting? Because that was the only way we got our Hilton points. If so, or even if not so, I would give them a call and ask them to honor the gift.
Right! Those timeshare people lie all the time, we countered by saying the Hilton Aspire credit card is actually better and they told us they have the Hilton Aspire card but didn't know about any of the benefits. Eh, HA Miles seem better than Hilton points, especially when each of them are worth half a cent, haha.
@@CalbyNg so I finally got my 15k ha miles I value them at 1 cent a point it’s equal to getting 60k miles and the Hilton Waikiki beach was really nice decent vacation definitely 4 star hotel . I’m thinking about doing Marriott or blue grass it looks like I have to wait a year before I can do HGV again.
The presentation is to set you up for the salesperson. It is not a joke. It tells you why you should get it. Then, salespeople say how much. Was this your first time in the presentaion?
Haha, I went to the same time share place (recognise the layout) and had the same guy doing the group presentation with the same story you told. I didn’t get the final “closer” / manager guy though. Only met with the one advisor. I had no intention on buying anything but overall I think it was a decent experience actually. I didn’t buy anything.
My points never showed up though. I tried to follow up repeatedly and never got them.
my Holiday Inn fees was 550 for a week of time shares back in 2012 which was pretty good value, but they double every other year and now they are 1600 for that week in 2024 which i can book for much cheaper on any website
I love timeshare salespitch deals. Depends on the salesperson you get once I got a salesperson that was originally from India 5 minutes and he knew I wasn't going to buy anything so we spent half an hour talking about the best places in India to vacation, I still have notes from that chat.
Also sometimes MVC has online salespitch deals, attend an online salespitch and get 50k Bonvoy points, super easy.
Oh wow that guy seems cool; just curious, did they have to keep you there a certain amount of time, instead of letting you go?
I’ve seen those MVC deals! Glad you were able to take advantage of them! I signed up for one but they never got back up with me unfortunately 🥲
@@CalbyNg yes it seems like the 30 minutes minimum amount of time that he could tell his boss, I am not going to buy. With MVC I have always called the 800 number to signup.
Ah, those are good to know 👍 For the MVC I tried signing up using the online form; I guess that doesn’t work
2:45 lol that’s Joey Fatone from NSYNC 😂
I’m going to one this week in Jacksonville lol
@@VMWashington25 I wish you the best 🫡
What's worse...timeshare salespeople or those guys that try to sell you a Kirby vacuum door to door?
I've had timeshare at Massanutten resort since March 2000. I don't understand why people give it such a hard time. The actual presentation wasn't all that fun, but I don't have any complaints about my program. I can't speak for Hilton I don't know anything about their program.
My Hilton timeshare meeting is on the 13 of this month . I’ll keep you posted on how it goes.
With Marriott It was super easy . But it lasted 3 hours ..I acted interested the whole time then at the end said I was going to buy a house and I didn’t want it to affect the first time homebuyer program .
And they said it wouldn’t
And I told them “ well I don’t want to take any chances just in case “
And they offered to bring me back for the same price .
5 nights stay in Hawaii for 800 and a couple of Marriott points .
I do remember being super hungry at the end
That’s not a bad offer Fanta!
sitting through the sales presentation is a form of torture. some people think it's worth it for the prizes they promise- if they get the prizes
So if timeshares is a bad idea, then there must be reasons. Can you use those reasons to refuse a time share?
To name a few:
Ridiculous cost.
Annual maintenance charges.
Zero resale value.
Special assessments.
Lifetime contracts and beyond in some cases.
Limited options.
Often limited availability for "vacation clubs."
Unethical selling practices.
That famous dude is a member of N'Sync
my wife and i go to these whenever we get a chance ......love winding them up......
I’ve been on one timeshare before. Learned a lot from that one time and of course did not buy anything. Now I know how to navigate it, I’m thinking of going on another sales pitch for a cheap vacation
Seems like a good way to travel in the US! :D
Cheap hotel stay and free points, for sure! Just need to have a strong will
I’m here that it’s not legal to sell someone a timeshare for more than 50 years in the Europe and uk so if true then would the timeshare be totally refundable and not just the cost but also the amount of interest that would have been generated from the money that was invested in the illegal transactions
I must be the only happy timeshare owner here. I'm in Hilton - HGVC.
Here's why it works for us:
1. I get 6 weeks off work each year. I have time to use it.
2. We would be traveling in any event, usually paying $3000 - $5000 / week for accomodations
3. We travel internationally
4. Since we are a family, a 2 bedroom "condo style" unit with a kitchen and living room and 2 bathrooms is way better than cramming into a hotel room. These aren't cheap.
So, since we would be spending premium money already, timeshares pay for themselves pretty quickly in our case.
2 things to remember though
1. Buy the timeshare on the pre-owned market from someone who wants to unload theirs. Buy in a favorable low maintenance fee to points location (Vegas, Scotland) and not a less favorable location (NYC, South Carolina, Florida).
2. Plan and reserve your vacation 9 months out.
If you weren't already getting the time off work, already spending the money, and already planning vacations 1-2 years ahead of time, you are probably not going to be able to make good use of timeshare ownership.
You actually sound like the only person it does make sense for. Kudos to you 💪
Ty for this. About to go to my first time share seminar. Im buying a house so itll be a NO all the way! 😂
I have one planned. I’m going to cough constantly throughout the presentation just so I can annoy everyone.
It’s meant for people with money and who know how to leverage it … pretty much you need to have money + resources ( people ) ..
Is this leagel? I went there on time. Terrible experience.
Why would anyone waste their time going through this? Is your vacation time really worth it?
For me, yes; because it wasn’t that long and I paid $250 for the 3 day stay (where as other hotels during that time I would have paid $600 for a 3 day stay), but I also got $500 worth of value (Hilton Points) I used to book a property near Vail, CO. So in my opinion I don’t mind it; of course everyone is different, my buddy Luke Points and Miles would rather not, haha.
What did you're friend say?
I gotta do one of these at the Hilton in Las Vegas. They told me it would be only 2hrs, can they really hold you longer past that? Like, if you say you’re not interested what’s really the point of holding ppl hostage. Once the presentation is given that really should be it. None of this going to multiple rooms to sit down with ppl to have pointless conversation. So not looking forward to it sMh 🤦🏽♂️
Dude. I just came back from one. 21-23rd it’s not two hours more like 40 minutes. Then they let you go take a bathroom break and tell you the representatives are gonna come grab you and tell you more. Please GOD say no. I just sent in our cancellation paperwork today. This is after we said yes to a 20k purchase. They don’t tell you it cost 119 minimum just to roll your points over to the next year. Otherwise you lose them. They keep trynna get personal information about your spending on vacations then threaten you with “ inflation is gonna rise this is the best time to buy bs “ I did the math on 273$ a month for a year. We only spend roughly 1800 a trip with everything included once or twice a year. … by month 12 with that monthly we’re paying 3276. Not even including the at the time 1785 HOA fees annually , that are mandatory. Thars 5k a year bro to prolly not even use it. X that by 10 years we signed and that’s 50k. 30 thousand more than the price. They also don’t read everything over when you sign with the notary. This entire thing is a scam. Just take the few days at the hotelS and say you’re not interested in the Hilton point system. They’re gonna try to sell you on that it’s not a timeshare . But I promise THARS absolutely the opposite. It’s an even worse one
@@gman0397 Thank God, I think you’re the only person I’ve seen say it was that short. I’m guessing bc most people get roped in. But yea bro, I started watching YT videos to get an idea of what to expect and the majority regretted their decision. Just as you stated when you do the math you end up spending more than the average American spends on vacation. Also most people don’t have frequent vacation time from work to really benefit from it. Even with all the costs you mentioned, that doesn’t account for plane tickets, money spent doing activities, going out to eat etc. Unless the timeshare/resort property comps you (besides air-fare), but then you’re limited to just whatever they have to offer. I’m definitely not concerned about anyone talking me into purchasing a timeshare, especially given the information I know now. Just want to get it over and done with 😅
A vacation home??
Am I the only 1 in peril??
Timeshare presentations are 💩💩💩 The tactics they use are something else. They gotta know that 99% of peeps aren't interested. Thanks for the info + video!
but they still convert some believe it or not..
I also have experienced this at a Sale pitch. I bought my timeshare for only $400 in escrow fees. Buy weeks from people that want out of the monthly maintenance fees.
That's a good tip! I heard the Disney versions might be worth looking into.