Timeshares FAQ

Questions:

• We just returned from Hawaii, where we were constantly solicited to buy a timeshare. Are these deals as good as they sound?
• What does a timeshare sales pitch usually involve?
• I've been told that I shouldn't by a timeshare because it will be hard to sell it later. Is this true?
• Is it possible to get out of a timeshare after signing a contract?
• Can I sue the timeshare operator if I'm the victim of a timeshare scam?

Answer:

What does a timeshare sales pitch usually involve?

A new camera, a half-price parasail ride, a free day's rental car, a free gourmet meal -- you name it; timeshare salespeople have offered it. Many timeshare developers lure tourists to sales presentations by selling tours and activities at highly discounted prices, while providing only vague disclosure of what is required to qualify for the discount deal.

In the usual scenario, the catch for the gift is that you must sit through a presentation about a timeshare vacation property. The presentations vary, but most include high-pressure sales pitches that drone on for hours and leave visitors desperate to get out. Timeshare salespeople frequently go over the advertised time allotted for their presentation and are not responsive if you complain. They sometimes refuse to give the promised gift or discount if you don't buy. Although it may be illegal to not give you the gift or discount, few consumers complain -- they just want out.