Get Free Stuff at Timeshare Presentations
Is it for real? Will a timeshare company really give you free tickets, free meals, or free airline flights just to listen to a sales pitch? The answer, in short, is yes. They are willing to give away all of that because their business model says they can make money doing it. It’s generally accepted that 50% of a timeshare’s purchase price is to recover all the marketing and promotion costs. That’s right, if you paid $15,000 for a timeshare, you paid for $7,500 worth of free tickets, meals, and flights for people.
So, what’s the catch? (always be asking what’s the catch!) The catch is that you often need to sit in a multi-hour long sales pitch where the salesperson will be extreme aggressive and throw every single sales tactic at you in an attempt to get you to buy. They need to close 10-20% of all their leads in order to stay in the business, so they’ll try everything. And, if you’re human, chances are you will be tempted at one point during the presentation… and 10-20% of you will pull the trigger and buy a timeshare. That’s what they’re banking on.
Some words of warning about scamming, it does still happen. Don’t go to a timeshare presentation if the giveaway seems too incredible, like a free car or boat or something else. Don’t go to a timeshare presentation if the giveaway requires you to put down a deposit, say for hotel rooms or flights. Don’t agree to do anything if you don’t feel 100% comfortable.
If it sounds too good to be true, it is.