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Why Does Timeshare Have Such a Negative Reputation?
There are two reasons for this. In the early days of timesharing - particularly in Florida, parts of Pennsylvania, California and Nevada - it was, to put it mildly, a sleazy business. People were lured in by outrageous offers, wined and dined, and then promised lovely resorts "soon to be built." As soon as the money was plopped down, the salesperson and the "developer" absconded with the money, leaving the consumer with a deed to nothing. Happily, this practice has been left in the dust, the responsible parties have been punished or pushed out of the business, and timesharing is, in most cases, a reliable product. HOWEVER
timeshares still operate under the outdated perception that the consumer has to be lured in under the pretext of discounted vacations, free attraction tickets, mediocre continental breakfasts, etc. in order to purchase a timeshare. Unfortunately, the vast majority of the 315,000 timeshare sales made annually in the United States are conducted under those conditions. While the so-called "marketing companies" are raking in untold millions of dollars each year and the developers are making money, the industry has adopted the "if it ain´t broke, don´t fix it" mentality. However, as more and more savvy consumers are finding out the truth about timeshare through non-biased inside information, they are forcing the industry to "fix it."
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