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#90325 08/14/04 06:14 PM
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I answered your original post and then you changed your post-this is crackers-answer mine and then I will answer yours-meanwhile please explain the financial benefits of purchasing -rather than Sheraton/Disney are figuring out what a good deal it is to be a developer!!

#90326 08/14/04 07:52 PM
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How's the latest Harry Potter book?

SIN


Check out my site: www.ambergriscayerealestate.net
#90327 08/14/04 08:27 PM
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SIN, in your opinion, is timeshare a real estate / property transaction?

#90328 08/15/04 11:35 AM
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SIN, are you there? In your opinion is Timeshare something that can be considered real estate or property?

#90329 08/15/04 12:57 PM
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to all board members ,the capt jeff has been in sales his whole life ,and the last 13 years own my own travel discount store 95 %cruises the rest is travel tours etc..and I can share with you, it is a fact know in the travel industry that time share is the worst investment in the world .. when you show the numbers to any one,,it is a bad investement ,dollar for dollar ,the worst purchase people can make !!! they buy because of because of high pressure sales tactics only .. time share sellers never say think about it, show it to someone ,let us know later ,get back to us sleep on it .. no way !!!you could count on one hand how many people walked in on there own and bought one on there own ???? time share sellers never give you a copy of the deal to show to your attorney and accountant to apporve .. and wait for there apporval.. why is that ?????? ?????????????because after checking it out and after careful investtigation nobody would do the deal..... absolutley nobdody .... , 0, people, nada ,no one was told to take the plunge good deal ,only poor suckers ???? they where sucked in by free food or free tour or some inducement got them excited and was set up and sold on a idea by a closer a sales person on high commssion .then once they got to look it over when they got home ..realize how bad they where taken .. and where to embarassed and thought is was to late to sue them or was told by hotel to bad your screwed to late ....so they live with it . shame ,shame shame . I was born at night but not last night..give me a break..stay away from time share you will sleep better at night and have more money in the bank to go where and when you like, and at your time frame ,not theirs .. ,and forget about the bull they told you can swap your week and trade it for another week place ,,..later ..right,,but it never works ..stay away from trouble and do not listen to them .. time share makes no good sense,enjoy your vacation live the dream and enjoy life..


Living The Dream Every Day!
#90330 08/15/04 06:10 PM
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Chris: A timeshare is not a real estate product, rather a prepaid vacation plan. Some are "deeded", mostly in the US and others are termed "right to use" for a specific time period.

Jeff: I respect your opinion as a travel professional. In all fairness, this is one opinion, yours. With a little due diligence you can find millions of satisfied vacation owners. Even the wonderful world of cruising is not for everyone.

An interval purchase is much like a cruise, you buy it, enjoy it and walk away from it. Not a traditional equity investment but an investment in recreation and quality time with those you love.

Many people in this world, due to hectic schedules, find it hard to set aside time for vacation and travel. A prepaid vacation program will, for one, force people to get away and spend quality time with their family on, at least, an annual basis.

Even the well educated super rich follow this mind set. The Ritz Carlton offers a plan for $350,000 to $1,000,000 - FOR A TIMESHARE, even though it is not labeled as such. Why? Because it is only a vacation with no liabilities. They can check in - check out and worry about nothing else, unlike the complications of owning a condo. Vacations are meant to be fun, many want to keep it that way. Timeshare can offer this option to many, not all.

Can you remember when Hotel 6 was $6 per night and then Super 8 came out with $8 per night. This was just a few decades ago. How much are they today? I can remember when $100 a night was very high for San Pedro. What does this get you today?

For some, not all, a purchase of $10,000 for a lifetime of vacations makes a lot of sense, the money part is just a portion of the reasoning. Peace of mind is a lot more. Remember, we are not logical beings but are motivated by emotions.

Is buying a $100 ticket to enjoy the Eagles in concert a good investment? But is it worth it? It depends if you like to Eagles and if you cherish the memories.

But it is understandable that the traditional hotel/motel and cruise industry is concerned. They are loosing future customers to prepaid vacationing.

Again, it is not an investment but rather a savings plan. Nobody can dispute the amount of savings involved in joining a vacation plan.

Each year hotels and resorts need to regain their market share. As you know Sales and Marketing costs are very expensive today. GLOBALLY THESE COSTS ARE IN THE MILLIONS. So out of each dollar spent for a hotel room a significant portion is dedicated to sales and marketing. This is built in to the annual budget, ANNUAL. Thus increasing hotel rates as the competition grows. This business is not like the Field of Dreams.

A vacation club can, over time, save an owner money by avoiding the annual costs associated with Sales and Marketing. You are a customer for life. The sales and marketing costs were paid once, up front, with your membership.

You do the math:

According to AAA, the average family spends $110 per night for a standard motel room. PKF sets the annual inflation on hotel rooms at 7.9%. How much will a family spend in 10, 20 and 30 years.

On the flip side, purchase a plan for $12,000 for a two bedroom suite. Start maintenance fees at $475 per year with an inflation rate which matches the US inflation index for small cities.

Let me know how it works out. Keep in mind this does not include the savings involved with the ability to use a kitchen.

I do enjoy reading your opinions and it should be agreed this product is not for everyone. But for some, it has changed their lives for the better. Check out www.tug2.net this is a timeshare users group shedding light on the positive and negative features of ownership.

Most people are afraid of what they don't know, educate yourselves before making broad statements.

SIN


Check out my site: www.ambergriscayerealestate.net
#90331 08/15/04 08:52 PM
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The Eagles tickets where a $150.00 and your probably right. I don't think It was that great of an investment, But It was a damn good show. How come Don Felder and the Eagles are suing each other?

#90332 08/15/04 11:27 PM
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SIN, you've sold me!

Ebay lists Timeshares under "Real Estate." Interesting....real estate that immediately starts to depreciate the day you buy it. What a bargain! Sign me up for 2 weeks!

Just kidding, of course. I'm not about to squander money on a timeshare when I can sensibly invest it in wine and wild women.

#90333 08/16/04 09:00 AM
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sir isaac newton ,yes what you say sounds good and you have done your homework but why is it that not one time share sales person says think about it let ,me know or sleep on it and show it to someone you trust .because they need to close the deal then because it is a very bad investment and anybody with half a brain knows this .when you do the math it does not make sence !!!almost all people who buy the time share have buyers remose and find out they where suckers.. they bought on impulse .when the reality set in they found out how stupid it was..and try to get there money back only to find a road block,set up to stop them ..if this was a good deal would that happen ????? would you have to offer big inducements to get them to listen to the offer in the first place ,,then be put in a room with a salesman and professional sales closer, and pressure them to make a deal ..no way is this fun ,,no way is that fair .so my point if what you say is so why do this to nice people other then for $$$$$$$$$$$ and greed .and why not give people time to think about this like a two week free look ?????? you and I know the answer !!!!!!


Living The Dream Every Day!
#90334 08/16/04 09:27 AM
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Capt. Jeff, very true. And, part of the high pressure sales technique is to make people feel guilty about walking away from the presentation. They don't buy because they want a timeshare.. they buy because they feel bad about leaving the poor salesperson empty handed after all that hard work.

And, is having timeshare on the island a good thing? Witness the first post on this thread. If timeshare pressure sales got out of hand on Ambergris Caye people like Aeriel wouldn't visit.

Finally, if you find someone that claims they're actually HAPPY they bought a timeshare, bear in mind that most Ford Pinto owners claimed they were happy with their cars...at least until they got rid of them.

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