Totally agree! I honestly do NOT understand how they keep selling. The last "owner update" we went to, they wanted 47K for a 4 bedroom. And I think that was NET after they "bought" our 3 bedroom back. But I am the one that can't be trusted because mine is only being sold for $1. I mean - even if i was duping you....you are only out one dollar, or in most cases nothing??!!!???
How did this industry get so twisted? And then scammers pounce on owners who are struggling, furthering the downward spiral. I guess I do not understand the logic of not trying to help the current owners sell. If they stopped spending the extra money on new buildings, and charged a commission or even took the full amount - they could use their high pressure sales tactics and still make tons of money off the old units. All the while keeping the MF's coming in and keeping owners "happy", which in turn helps the industry. I guess the margin on those new units is just THAT lucrative. le sigh.
It is really such a shame, because we really did enjoy our timeshare. Even after knowing we paid retail!
OK, OK, one of my freaking Wastegate examples.
We started with an ugly stepsister Wastegate resort, which we got roped into in the exit tent on our second-ever tour, WVV, when it was two buildings, a clubhouse and a lotta mud. We did the EOY thing, added the other year a year later, and wound up buying some more resale.
I can't remember the exact situation, but what I wanted to do some time later was to "swap" one or some of them for the same thing, different weeks, so that we had contiguous weeks. Yeah, that's it . . . our EOYs were Week 23 and the two resale weeks were consecutive November weeks, and I wanted them all running together.
I got a call from a fast-talking lady with a heavy New York or New Jersey accent at 9:00 PM one Sunday evening and the short of it was that she would take back what we owned and sell us one 3-bedroom week, for $25K!!! She was extremely obnoxious and pushy.
First thing Monday morning, Orlando time, I called Mr. S's Executive Assistant, whom I happened to have made friends with, somehow. She immediately said, "Let me have our mortgage administrator give you a call" She did, and I still remember her name, Beth Driggs. They did the swap I wanted for the cost of recording the new deed, I believe $20.
OK, just the one story this time.
Doncha think it would be smarter to do the right thing the first time, and not have someone talking about you on the Internet 15 years later? But, like we have been saying, their concept of the right thing is totally unrelated to right and wrong as normal people understand the concept.
20-plus years/125-plus Exchanges ~~~Exchanging/Searching/Florida/Kauai/CA/CO/MO/AR/IA/OK/OH/Consumer Advocacy/Estate Planning/Priceline/Sports/Boating/Fishing/Golf/Lake-living