Timeshare presentation in Vegas : r/TimeshareOwners | Reddit
“Honestly it’s no secret, some places like the Venetian and Planet Hollywood have a booth at their entrance offering tickets, free lunch, coupons, etc in exchange for attendance at their timeshare presentation” Source: Reddit link.
[Note: Going to a timeshare presentation is worth it for the free gifts but do NOT buy a timeshare. Watch this video: Why Timeshares Aren’t Worth It | CNBC | YouTube.]
Here are some key points from the Reddit link:
- Incentives for Attending: People mention attending these presentations for various incentives like free nights in hotels, tickets to shows, or vouchers for meals. These offers are typically advertised as part of a promotional deal where attendees are required to sit through a timeshare presentation.
- Experience of the Presentation: The presentations are described as high-pressure sales pitches that can last anywhere from 1.5 hours to 2 hours but in some cases up to 3 or 4 hours. Generally, you will be passed through multiple salespeople if you keep saying “no.” They will use guilt tripping and their own personal stories in order to sway you.
- Outcome and Advice:
- For Freebies: Many users advise that if you’re only there for the freebies, you should be prepared to say “no” multiple times and be firm in your decision not to buy. They suggest that the value of the free items might be worth the time spent if you’re not suckered into buying a timeshare.
- On Buying: There’s a consensus that buying a timeshare at these presentations is often not a good financial decision due to the high initial cost and ongoing maintenance fees. Users recommend never buying from the developer directly; instead, if interested, one should look at the resale market where timeshares can be purchased much cheaper.
- Warnings:
- Several users warn about the potential for regret after signing up, mentioning the hassle of canceling the contract within the cooling-off period if one changes their mind.
- There’s advice to be aware of all the terms and conditions, especially regarding additional fees that might not be immediately apparent.
- Positive Experiences: A few users share positive experiences where they felt the incentives were worth the time, like getting a significant number of free nights or valuable tickets.
- General Sentiment: The general tone in the thread is cautionary, with many users expressing that timeshares are often more trouble than they’re worth, particularly in terms of flexibility, cost, and the pressure sales tactics employed during presentations.
Set your phone timer when the presentation starts. If it’s a 90min presentation then set your timer for 90min. When the alarm sounds then tell them it’s over. Demand your freebie and leave.
Never actually buy a timeshare at a presentation even if you like the whole idea. People sell timeshares on the secondary market for free or cheap. That’s right. You can get it for free if you just wait and buy it on the secondary market. People sell them for free in order to get out from under the the annual maintenance and HOA fees, which are typically hundreds of dollars a year.
A much better idea is to just rent timeshare weeks from a timeshare owner. You can stay at any most timeshare facilities, and you’re not locked into anything.
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