Friday, May 9, 2008

Timeshare Scam or Just Poor Business Practices?

Author: Jason Tremblay

KCRA 3 News that broadcasts in Sacramento and Stockton, ran an interesting article, warning people about a problematic timeshare deal from Holiday Travel of America.

It seems that the company offers two round-trip coach air tickets and two nights in economy accommodations in Hawaii, if you sit through their timeshare sales presentation. Representatives of the news station tried it, and did in fact receive their certificate good for their airfares and hotel stay.

The certificate from the timeshare company came with the stipulation that it had to be used within 45 days or it would be void. A letter requesting travel dates, restricted to travel on Tuesdays through Thursdays only, plus the payment of a hotel and airline tax deposit followed it.

Too Many Complaints about this Timeshare Sales Company

Other people, who had been through the timeshare sales presentation with Holiday Travel of America, voiced complaints with the process. Many had trouble getting travel dates scheduled by the timeshare company. No matter what two days they picked, even within their limited choices, the answer always came back that those days were unavailable.

The KCRA crew had six different travel dates requested before they called the timeshare company to complain. They were finally offered dates in September, but were told they had to book on the spot, fax a written confirmation of travel with a credit card number, and agree to having a nonrefundable charge of between $75 and $100 placed on their credit cards.

KCRA’s article about the scam said, “The Better Business Bureau of San Diego said other people have had trouble, too: Holiday Travel of America has an unsatisfactory record because of a pattern of complaints.”

Finding the Good Deals in Timeshare Sales and Timeshare Resales

Good job of investigative reporting by KCRA. I wonder, if the current tough economy will bring on a rash of opportunistic vultures, who prey on people’s desire to enjoy a little vacation time despite budgets being tight. Whatever the situation, the advice is always the same. If it sounds too good to be true, it is. There are plenty of good deals available in timeshare resales and timeshare rentals, and you don’t have to sit through a timeshare sales pitch in order to enjoy them.

 

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Thursday, May 8, 2008

Hilton Timeshare Celebrating a Milestone

Author: Jason Tremblay

The September 25, 2006 Timeshare Owners Blog told you about Hilton Breaks Ground on New York Timeshare Resort, reported on the groundbreaking of this exciting project. So it was very nice to read this week’s press release from Hilton timeshare, announcing that they are topping off their West 57th Street Hilton Club project. “Topping off” doesn’t mean the project is complete and ready for your next timeshare vacation, but it does mean that the final bucket of concrete has been poured for the superstructure.

The Hilton timeshare company considers this project to be a significant milestone. According to Mark Wang, president of Hilton Grand Vacations, “Our vision to create a distinctive shared ownership project from the ground up in New York City is another step closer to becoming a magnificent reality. Built in the heart of one of Manhattan’s most prestigious neighborhoods - and upon the legacy of the Hilton commitment to excellence - West 57th Street by Hilton Club transcends traditional timeshare and continues to experience high demand. After years of planning, and working alongside world-class developers including Tishman Construction, we will soon be able to accommodate our owners and guests in unprecedented style.”

Hilton Timeshare Luxury

When complete, the Hilton Club timeshare resort will offer guests the first Spa Chakra in New York City, featuring massages, facials, body treatments, and signature Chakra Health therapies. The property includes 161 luxurious timeshare condos, from studio, to one-bedroom and penthouse suites, all with dramatic floor-to-ceiling windows, fine linens, upscale furnishings, flat screen televisions, entertainment systems and marble and granite detailing. On property will be valet laundry service, a 24-hour doorman, concierge, outdoor dining terrace, and the private Owners Lounge for food and beverage service.

As we have mentioned before, the location couldn’t be better. Timeshare owners or timeshare guests will be within walking distance of Central Park, the Lincoln Center, Carnegie Hall, the Museum of Modern Art, Radio City Music Hall and shopping on Fifth Avenue.

Currently the resort is on schedule to open in the second quarter of 2009.While Hilton timeshare originally listed these timeshare condos as starting at $40,000, up to $100,000, they now quote prices as starting at $58,000.

The Other New York Hilton Timeshare Option

Hilton timeshare already boasts a fabulous Manhattan timeshare resort, the Hilton Club New York. Currently Sell My Timeshare NOW has Hilton Club New York timeshare resales available, starting at around $14,000. The Hilton Club New York timeshare, located at West 53rd Street and Avenue of the Americas. (Sixth Avenue) is also convenient to the Midtown attractions you want to enjoy. As Hilton’s flagship New York property, it has undergone a multi-million dollar renovation, adding dining options in both the New York Marketplace and Etrusca Ristorante, and a new 8,000 square foot fitness center and spa.

To get started enjoying Hilton timeshare ownership in New York City, visit Sell My Timeshare NOW.

 

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Wednesday, May 7, 2008

Sell My Timeshare NOW Hosts Forum Featuring Congresswoman Carol Shea-Porter

Author: Jason Tremblay

It was our pleasure at Sell My Timeshare NOW to host a business forum on Monday with representatives of our local (Dover, NH) business community and featured guest, Congresswoman Carol Shea-Porter.

Approximately twenty invited guests, representing businesses ranging from florists and real estate companies, to banks and accounting firms, attended the event. At Sell My Timeshare NOW, we worked with the Dover Chamber of Commerce and representatives from Rep. Shea-Porters office to coordinate the business forum, which was designed to facilitate discussion of issues relevant to small businesses, and was attended by representatives of the business community.

We are truly honored to have hosted Congresswoman Shea-Porter. We hope Sell My Timeshare NOW helped create an interactive environment for the forum that will aid her in representing the people and the needs of our District. And what issues were important to the businessmen and businesswomen in attendance?

We talked about healthcare, transportation, taxes, alternative energy sources, our country and our community’s current economic challenges, and the subprime mortgage crisis. Specifically we talked with Congresswoman Shea-Porter about the Economic Stimulus Package, which includes $44 billion in tax cuts and incentives for businesses in addition to tax rebates for families.

It sounds like the business people of Dover, NH are concerned about the very same issues that are on everyone’s mind these days.

Follow this link to read the official Sell My Timeshare NOW press release about the Congressional Representative’s visit. Contact information for Carol Shea-Porter’s Dover, NH offices is:

104 Washington Street
Dover, NH 03820
phone: (603) 743-4813
fax: (603) 743-5956

To learn more about the opportunities in timeshare resales and timeshare rentals, visit www.sellmytimesharenow.com.

 

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Tuesday, May 6, 2008

Who’s Your Caddie at Your Doral Marriott Timeshare?

Author: Jason Tremblay

This week, Doral Golf Resort and Spa (Miami, FL) announced that for a limited time, a forecaddie will be assigned at no charge for each foursome that plays the Blue Monster. Golfers know Doral’s Blue Monster to be one of the most prestigious and challenging championship courses in the world and home to the PGA Tour’s CA Championship. Timeshare owners know the Doral Golf Resort and Spa to be home to Marriott’s Villas at Doral timeshares.

Marriott's Villas at Doral timeshare resales.

Unless you play golf at a private club that uses caddies on its courses, or you play golf professionally, you may never have experienced the services of a caddie to assist you with your game. Ask a PGA Tour player and he will tell you that a good caddie is gold; so much so, that top professional caddies earn six-figure annual incomes for their contributions to their player’s success.

A forecaddie doesn’t give the same services that Steve Williams provides for Tiger, nor does he do the things that greens keeper, Bill Murray did in Caddyshack. He doesn’t typically assist with club selection, carry your bags, or sabotage gophers. But a good forecaddie does make a round of golf more interesting and flow more smoothly.

According to Doral’s official press release, “We decided to make the Blue Monster caddie inclusive because we want golfers to experience the history and tradition of the course, from strategic shot making to entertaining stories that have been passed on over the years,” said Darrin Helfrick, General Manager of Golf at the Miami golf resort. “This is truly one of the game’s treasured courses, and this caddie program will enhance the overall golfing experience, while making history come to life.”

The complimentary inclusion of a forecaddie in the price of your round of golf is available only through May 20, 2008.

Marriott Timeshare at Doral Resort

Marriott’s Villas at Doral timeshares are located on the property of the Doral Golf Resort and Spa. There are more than 130 two-bedroom timeshare villas, as well as an outdoor pool, fitness center, and convenience store. Timeshare owners and their guests, (or timeshare renters) have access to Doral’s renowned health spa, the five golf courses, a tennis center, The Blue Lagoon water recreation area, and the resort’s restaurants and lounges.

Each timeshare villa has separate living and dining areas, a private balcony, an oversized soaking tub, a fully-equipped kitchen, and a washer/dryer.

Choices in Timeshare Sales and Timeshare Resales

Timeshare condos at Marriott’s Villas at Doral may be available through Marriott Vacation Club (Marriott Timeshare), but for the best values in Marriott timeshare sales, visit Sell My Timeshare NOW. Through Sell My Timeshare NOW, Marriott timeshare resales and Marriott timeshare rentals are available for most Marriott timeshare resorts, including more than two dozen timeshare villas at Doral, starting at just under $7000.


Remember the American Express commercial that featured Tiger Woods in the role Bill Murray made famous in Caddyshack? Thank you, YouTube for these 58 seconds of humor.

 

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Monday, May 5, 2008

Is There a Timeshare in Your Summer Vacation Plans?

Author: Jason Tremblay

According to the Wall Street Journal, Travelocity, the online travel service, says Americans are booking shorter vacations, especially for overseas destinations. For summer trips planned by US travelers to destinations outside the US, the trip duration is more than 5 percent shorter in length than in past years.

Research from AIG Travel Guard (travel insurance) says that almost half of all clients who responded to a questionnaire say they plan to alter their summer vacation in order to save money. Some say they will eat in less expensive restaurants, (look for the crowds at McDonalds) while others say they will relax closer to home. And in anticipation of this trend, regional theme parks are gearing up for a very busy summer.

All-inclusive resorts are selling well this summer, and while the Travelocity research didn’t specifically address timeshares, one would assume that the eat-in kitchen and dining areas in timeshare condos are looking especially appealing to travelers.

Sell My Timeshare NOW is seeing a dramatic increase in timeshare rentals in 2008, compared to 2007. This increase reflects the ever-growing interest in timeshare resales and timeshare rentals. It is also indicative of a whole new market of vacationers who may never buy timeshare, but have recognized the value in timeshare rentals for spacious vacation accommodations that offer room for the whole family and let you skip (or reduce) the cost of restaurant dining.

The Timeshare Rental Solution

This is the year to rent timeshare. It has never made more sense, than now. If the high price of gas or a mortgage that has over-adjusted will prevent you from taking a vacation, then go to a timeshare resales and timeshare rental advertising company and get them started marketing your timeshare rental now.

And if you are planning to enjoy a summer vacation, forget about a crowded room in a high priced hotel, and book a timeshare rental. Get more vacation, spend less money– a timeshare rental can solve a lot of problems.


If there is a theme park in your summer vacation plans, whet your appetite here with this YouTube video of the rollercoaster at the New York, New York Hotel and Casino in Las Vegas.

 

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Saturday, May 3, 2008

Timeshare Resales Companies and the Overall Timeshare Market

Author: Jason Tremblay

Do you know that you can resell your residential home (or any other type of real estate) without hiring a real estate agent or Realtor(r) to assist you? Of course you know that, and you’d be indignant and probably downright angry if it was any other way.

If you own a home, a piece of land, an office building, or other type of property, you have choices when it comes to reselling it. You can handle the sale yourself or hire a real estate professional to help you. You can use a buy-owner company to assist with part of the process, or you can select a range of services, from title agents to real estate attorneys, using only those you need to help you.

And the fact that no law requires you to buy or sell real estate from a real estate professional hasn’t done a thing to harm the real estate industry as a whole. In fact, the diversity of ways to sell is part of what makes the industry competitive and fair.

Millions and millions of people, who have sold their homes by a method, other than hiring a real estate professional, will tell you that they saved a lot of money that would have gone to an agent or a broker for advertising and showing the property or other fees that are paid as part of the commission. You also see the same ads on television that I see, with testimonials from people who have used a buy-owner real estate company to help them sell their homes, and are thrilled with the money they saved, or other features of the service they received. And as with anything, there are stories of people who tried to sell property themselves, and for whatever reason, got burned and wished in hindsight they had used a Realtor(r).

In any industry, including those that involve the sale of real estate, and those that involve the sale of timeshare real estate, there are good services and bad ones; there are services that work well for one person but maybe not for another. But American business is built on our freedom to choose to work with companies that we think, best serve our individual needs.

Ways to Sell Timeshare and Timeshare Resales

Timeshare developers, timeshare resellers, and timeshare advertising and marketing companies are all valid and contributing parts of the timeshare industry. Professional associations, such as ARDA, the American Resort Development Association, recognize this and support all factions of the industry.

While a few timeshare developers offer buy-back programs, the majority does not, leaving timeshare owners to come up with their own ways to sell timeshare they no longer wish to own.

Some people have a network of personal contacts that is so large, and a way to get the word to all of them, that they can sell timeshare themselves. But most of us don’t, nor do we want to hit on our friends and family members, trying to convince them to buy timeshare from us.

Some people want to sell timeshare but be separate from the process, letting someone else handle all the details, and for them it may be a great idea to work with a timeshare broker. And other people, just need help marketing their timeshare resale or perhaps handling the closing paperwork. The right choice for them could be a timeshare advertising and marketing company or perhaps a timeshare title transfer company. But it all goes back to choices

Real Estate and Timeshare Real Estate in the US

Let’s face it. The residential real estate market in the US is about as bad as it has been in many years. But who do we blame for that? We can lay part of the blame on the rising price of oil that leaves people pumping larger and larger chunks of their paychecks into their gas tanks, with less and less money to spend on a new home.

We can blame a greedy element of the mortgage industry, that put people into mortgages that were so riddled with hidden charges the people couldn’t get out of them before the one obvious cost - that ever- adjusting interest rate, soared through the roof. We can blame politicians, heads of business, or just a predictable swing in the pendulum of life, but we can’t logically say that buy-owner or help-u-sell real estate services are to blame for the falling value of home prices. And it wouldn’t make any sense to say that timeshare resale companies are responsible for the resell price you can or can’t get for your timeshare property.

Whether you are looking at residential real estate, timeshare deeded property, timeshare points, or something totally different like new and used refrigerators, things sell for what the market will bear. People, not companies, set prices by what they are willing or able to pay.

New cars sell for prices that are comparably much higher than the price for which used cars sell. And new cars will continue to sell for that higher price because we are willing to pay the price, and because auto manufacturers spend huge dollars on advertising to convince you to buy their product instead of someone else’s. When that same car is resold, the second buyer pays market value (the price the market will bear) because he or she no longer has to absorb the cost of the car manufacturer’s pricey advertising.

The lower resell price has nothing to do with the used car dealer; it is just a fact of economics that applies in much the same way for resale timeshares as it does to resale automobiles. The economics of this aren’t complicated, but sometimes, you have to keep explaining them over and over again, because a few people, just don’t get it.

 

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Friday, May 2, 2008

Vacation Club and City Government End Court Battle

Author: Jason Tremblay

According to the Post and Courier’s Charleston.net, the city of Charleston, SC, and the Private Escapes Vacation Club have agreed to a settlement in their current court battle. Charleston zoning rules prohibit a timeshare company or vacation club from operating in an area of the city that has residential zoning. The Private Escapes Vacation Club’s Smith Street resort currently violates this law.

At Private Escapes, members pay both dues and up-front fees to stay up to 50 nights per year at the company’s resorts and private luxury homes, which are located worldwide.

Although an appeal by Private Escapes LLC was pending in the South Carolina Court of Appeals, the company agreed to the settlement with the city. Terms of the agreement include the City of Charleston agreeing to dismiss pending fines for zoning violations while the vacation club company agreed to stop offering accommodations at their Smith Street location, effective June 2, 2008.

Steep Price Tag on Some Luxury Vacation Clubs

Private Escapes bills themselves as a “luxury vacation club.” In 2007, Private Escapes and Ultimate Resorts announced a merger that the companies are still in the process of implementing. Private Escapes has resort properties in the Bahamas, Utah, Florida, New York, and South Carolina. Ultimate Resorts are located in London, Paris, St. Thomas, the Bahamas, Mexico, Wyoming, Hawaii, and South Carolina.

According to the Robb Report, membership requires a $325,000 deposit, $22,000 in annual dues, and nightly rates of $185. At the Ultimate Resort, Elite level members pay between $380,000 and $407,500 for 180 travel days in luxury homes that have an average value of $3 million.

Timeshare and Affordable Vacation Clubs

Timeshare resales and timeshare points available in Charleston, SC

There’s no word yet on whether or not the Private Escapes plans to open a new resort destination in another part of the city of Charleston, although their partnership with the Ultimate Resorts expands their resorts to include a SC location, in Kiawah Island. But for all the people who want vacation ownership in Charleston, SC, there are plenty of great opportunities to buy timeshare resales or rent timeshare in this charming and historic seaside town.

If you can’t shop for vacation ownership with a $300,000 to $400,000 price tag, but you still expect luxury accommodations, go to Sell My timeshare NOW to learn more about timeshare resales and vacation club memberships.

 

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Thursday, May 1, 2008

Sell My Timeshare NOW Releases 1Q Statistical Synopsis

Author: Jason Tremblay

Although Sell My Timeshare NOW is a privately held company, and as such, does not report to stockholders, we do like to keep our timeshare buyers, timeshare sellers, and timeshare renters informed on a regular basis about the state of business in our company.

This week, we released our First Quarter 2008 Statistical Synopsis, as well as a statement to the media. Click here to read our media release and here to download the report in PDF format.

The good news of the report is that it is all good news. Sell My Timeshare NOW saw the number of offers to buy or rent timeshare increase in the first quarter of 2008 by 22 percent, compared to the first quarter of 2007. The dollar amount of the offers during this most recent business quarter was more than $90 million, also reflecting an increase over 2007 numbers.

Timeshare Rentals at Sell My Timeshare NOW

In 2007, Sell My Timeshare NOW started a new program, called Rental Assist. We are very proud of how that service helps timeshare owners who want to use their property as a timeshare rental connect with people who are interested in renting timeshare for their next vacation. Rental Assist is undoubtedly an effective tool for timeshare owners and timeshare renters, as evidenced by the fact that at Sell My Timeshare NOW, offers to rent timeshares rose 141 percent quarter-over-quarter 2007 to 2008.

The Obvious Solution When You Want to Sell Timeshare

When you look at our report, and I really hope you will, you will see that for timeshare owners who are ready to sell timeshare, there is no better choice than Sell My Timeshare NOW. In the first quarter of 2008 alone, offers to buy or rent timeshare totaled more than $90 million, while website traffic for the first quarter rose by 13 percent to nearly 7.4 million people.

In these days when the economy is shaky, I am proud to be able to report to our employees, our community, and all the customers who rely on us to help them with their timeshare resales transactions, that at least, in our little corner of the business world, business is booming!

 

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Wednesday, April 30, 2008

Royal Holiday Timeshare Making the News for All the Wrong Reasons - Part II

Author: Jason Tremblay

In yesterday’s Timeshare Owners Blog, we looked at an ABC 20/20 investigation of Royal Holiday vacation club. Here is Part II of that post:

The hidden camera videotape made by ABC’s 20/20 investigators reveals that Royal Holiday breaks a lot of rules when it comes to selling timeshare. People who attend the Royal Holiday sales presentation are promised an incentive if they sit through a 90-minute sales pitch, which actually lasts 3 or more hours. They are told that they can only take advantage of special pricing if they buy today…on the spot, and if they prove reticent to buy, that price may mysteriously be cut in half in hopes of getting them to sign up now, as first one and then another salesperson tries to break down their resistance.

Royal Holiday also serves alcoholic drinks to their prospects. It is poor business ethics to do this, and it is an absolute no-no for you, as a prospective buyer, to make the mistake of clouding your good judgment with alcohol. Never, I repeat never, mix alcohol with the decision to buy timeshare.

Other criticisms of Royal Holiday’s sales tactics include promises made by salespeople that a buyer’s money is invested in a foreign bank account and will be returned to them in 30 years; that rooms shown as examples of what you are buying are far nicer than the rooms you actually can book; and that availability in busy seasons is scarce.

How to Avoid High Pressure Timeshare Sales Tactics

All in all, 20/20’s report was extremely negative. There is however, one foolproof way to avoid the heavy hand of a timeshare company salesperson. Buy resale timeshare. Deal only with the person who already owns the timeshare or vacation club membership. Bypass that salesperson who works for the timeshare company yet counts on you to pay his or her salary through commission.

When you shop for timeshare resales or timeshare rentals online, you can take your time. You can ask questions, you can compare products. You can sleep on your decision and consult your attorney or your financial planner. Money doesn’t come easily these days; take your time deciding how you will spend it.

Royal Holiday Vacation Club Timeshare Resales

Currently Sell My Timeshare NOW timeshare resales and timeshare rental advertising company has more than a hundred different listings for Royal Holiday vacations. Some start at under $1000.

Royal Holiday vacation club timehare resales

The Royal Holiday vacation club affords you the opportunity to travel the United States and Mexico without joining an exchange company. Royal Holiday Club has occupancy rights at Sheraton Cancun Resort and Towers in Cancun; Sol Caribe in Cozumel; Sheraton Ixtapa, Mexico; the Raddison Xanadu in Freeport, Bahamas; Wave Crest in Del Mar, California; Powell Place, San Francisco; Marriott’s Streamside at Vail; Tropicana Golf Estates in Las Vegas; High Point in Orlando; and Brigantine Beach, NJ.

Sell My Timeshare NOW can help you buy, rent, or sell Royal Holiday vacation club timeshares, without the hassle.

 

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Tuesday, April 29, 2008

Royal Holiday Timeshare Making the News for All the Wrong Reasons - Part I

Author: Jason Tremblay

Part I of a two-part post.

If you ask the people that own and operate Royal Holiday vacation club and timeshare, they will tell you that 97 percent of their approximately 65,000 timeshare owners or members never complain. Yet a recent investigation by ABC’s 20/20 revealed a different picture.

Let’s start with the semantics of what Royal Holiday Club sells. According to an ABC News report, “Royal Holiday calls its Vacations for Life plan an alternative to the complaint-riddled timeshare business.”

We can skip the double talk here. Vacation ownership, fractionals, vacation clubs, and timeshares are all variations of the same thing. The type of ownership will vary. You may have deeded timeshare ownership or you may own the right to use a timeshare resort property. You may even own points that can be used like currency to pay for your vacation accommodations. But in all cases, whether it is one week every other year, or 180 days of glorious vacation time, you still own vacation rights that are measured in intervals of shared time. Voila! Timeshare! And frankly, companies that call themselves something other than a timeshare are usually just looking for an angle they think will improve their marketability.

Two Sides to this Timeshare Sales Story

There are two sides to every argument. Royal Holiday is probably correct, that they have a huge number of satisfied timeshare owners, a.k.a. members. I also think the 20/20 investigators are right that there are unhappy timeshare buyers who justifiably feel ripped off by Royal Holiday.

While the average member at Royal Holiday vacation club, who buys from Royal Holiday, pays $11,000 to join, plus a yearly fee of about $465, this price varies greatly depending on how much vacation time a person is seeking.

And it doesn’t seem that the majority of the complaints are about Royal Holiday’s resorts. The vacation club company has more than 180 destinations, as well as 3000 different cruise itineraries, which members can access by spending their “Holiday Credits” or points.

But here’s the problem. There are some angry people who are very dissatisfied with the difference in what they thought they were buying and what they actually own. And it all goes back to the sales people who sold them their Royal Holiday vacation club memberships, and some very unethical sales practices.

According to the 20/20 investigation, the company has, “…a growing number of members who say Royal Holiday misled them about how the club operates, and the availability of vacations they’d want. The only thing royal about their membership was the way they were ripped off.”

“They lie,” was the accusation raised most often in describing the sales staff at Royal Holiday. And if complaints are the measure of dishonesty, then it looks like lying is a growing trend at this company.

In 2005, there were 282 complaints against Royal Holiday; in 2006, there were 506 complaints; and by 2007, there were 761. Unless the company’s business tripled between 2005 and 2007, their complaint ratio is definitely moving in the wrong direction fast. As further proof of the problems, consider the fact that the Better Business Bureau gives Royal Holiday its lowest ranking, an “F”.

Take a few minutes, watch the 20/20 investigative report on Royal Holiday courtesy of YouTube, and then come back to the Timeshare Owners Blog tomorrow to read the rest of the story…

 

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    Jason Tremblay, Founder and CEO, Sell My Timeshare NOW, LLC Jason Tremblay's Timeshare Owners' Blog -- a wealth of tips and information on timeshares, fractionals, condotels, vacation ownership and travel.

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