What Rules Timeshare Sales Reps Must Abide By

Throughout the past several years, many consumers have purchased timeshares

. This is no secret because, this influx of timeshare property buyers has helped many timeshare developers make a name for themselves in the industry through exponential growth. However, is this influx of timeshare buyers due to broken rules on the timeshare property salesman's behalf?

This was a question that was asked a few years ago due to the overwhelming amount of consumers who are upset with their timeshare propertys. With low customer satisfaction rates, it didn't make sense that these companies were growing at such an incredible rate. So, a few scholars got together and started performing studies. The studies were to see what was making consumers so unhappy about their timeshare propertys.

What these studies found was astonishing. The outstanding growth displayed by many timeshare developers was found to be because of aggressive and forceful sales tactics. This means that these studies found that millions of timeshare property owners may have been victimized by timeshare property developers and salesman. There were a few findings that were shocking:

The first shocking thing that these studies pointed out about the timeshare property sales process was the psychological affects that long timeshare property tours had on consumers. It was shown that consumers who were involved in tours longer than 90 minutes felt more of a sense of urgency to purchase the timeshare property without rational thought. This made it seem as though the long tours were a trap. So, to stop any more people from being victimized by long tours, it is now unlawful for a timeshare sales representative to allow anyone to sign a timeshare contract following a tour that lasted longer than 90 minutes.

Another shocking factor of the timeshare property sales process that was found through these studies was that timeshare property sales representatives were using blatantly obvious forceful sales tactics. One of the most common of these was creating a false sense of urgency. To do this timeshare property sales representatives would tell consumers that if they did not buy the timeshare that day they may never get that chance again. Because consumers have a natural fear of loss, losing an opportunity is something that no one wants to do. Because of the psychological affects of such statements, these days, it is unlawful for timeshare sales representatives to use them during the sales process.

There are quite a few more examples of issues with the timeshare sales process that I could give Americans. However, I would rather spend the time I have left in this article letting Americans know what to do if they feel as though they have been victimized. With that said, for those Americans who have been victimized by timeshare property developers and sales representatives, I would suggest doing a bit of research on the timeshare cancellation topic. timeshare cancellation is the process of deeding a timeshare property back to the developers based on discrepancies in the sales process and contract associated with the timeshare. The great part is that the laws set in place are retroactive. Therefore, even the consumers who were victimized before these laws came into affect can enjoy the same relief!

by: SEO Daddy-O

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