Timeshares can be extremely appealing to people who want to be able to enjoy luxurious holidays abroad on a regular basis. However, whilst the benefits can be significant, there’s a real risk of falling victim to timeshare scams, which can have serious financial and emotional consequences. Scammers often use high-pressure sales tactics to deceive potential buyers into making hasty decisions. Read on to find out more about these high-pressure sales tactics and learn how to protect yourself from falling victim to their schemes.
One of the most common tactics used by timeshare scammers is to claim that the offer is available only for a limited time. This can cause potential buyers to panic, causing them to make a quick decision without thoroughly thinking it through.
“Today only” discounts
Scammers often use “today only” discounts, which involve promising substantial discounts on timeshares whilst insisting that these discounts are available only if you commit to the purchase right away. This common strategy can make you feel like you’re getting a once-in-a-lifetime deal that you simply can’t walk away from.
Creating a false sense of urgency
Many timeshare scammers like to create a false sense of urgency to increase the pressure on their victims. They may claim that the timeshare units are in high demand and will sell out quickly. This leads people to believe that they must act swiftly to secure the deal.
Constant follow-up calls
Some timeshare scammers will make continuous follow-up calls as part of their tactics to pressure potential victims into making a purchase. This is a common high-pressure sales technique that makes it difficult for the potential buyer to carefully consider the offer at their own pace. This constant barrage of calls, and sometimes emails, can feel overwhelming to victims.
“Free” gifts or prizes
Scammers may offer “free” gifts or prizes to their victims to encourage their victims to attend timeshare presentations. These often come in the form of heavily discounted luxurious holidays, electronic gadgets or theme park tickets. These incentives can pressure people into attending and potentially falling for their tricks.
Timeshare scammers often use emotional manipulation as a powerful tool to exploit potential victims. This can cloud judgment and lead to impulsive decisions. As well as appealing to the victim’s desires by asking them about their dream holidays, they may also play on feelings of guilt and fear. In some cases, scammers try to isolate potential buyers from friends or family members who may discourage the purchase.
High-pressure sales tactics are commonly used by timeshare scammers to force their victims into making quick, impulsive decisions. This means they’re unable to think rationally or fully research the offer. If you’ve fallen victim to a timeshare scam, contact Sarah Waddington Solicitors on 01924 601 094. Speak with an experienced timeshare lawyer today.