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Thread: Timeshare at Somerset

  1. #1

    Default Timeshare at Somerset

    For your information,

    Today I personally encountered timeshare activities that followed a simple
    survey at Somerset outside a bank today. I had heard of such activities like
    these and multilevel marketing before hence I decided to "play" the game
    along and uncover more truth into the picture how such organizations
    operate. hehe...

    The research company is IRN (seem quite reputable) and the company is Asian
    Travel Club. (I only pick these data up much later in the session) It is
    outside the bank at Somerset between the old OG and Singapore tourism info
    building.

    Firstly surveyors pick up demographic data from respondents in the street.
    Fulfilling certain criteria (income and stuff), will be requested for a
    non-obligating and non-committing presentation of services. Also, there will
    be a free gift from scratch cards, gives vouchers or sorts (mine is a $20
    taka voucher and a 2 person complimentary stay at a regional resort for
    7day/7nite). Surveyors will claim that they are only paid $1 per survey and
    bonus $ according to the quality of my draws only if I proceed to listen the
    80 minute talk to collect my gift after that, else these surveyors and
    supervisors will be fined some $. I suspect this is to draw some sympathy to
    draw me in to listen. These people might be truthful because they are just
    the underlings.

    I was shown a newspaper clip on the research company's activities, quite
    recent and many companies are involved and quite genuine. But I am sure
    doesn't concern timeshare and such.

    Later I was assigned a presenter and made me off my hand phone, (closer to
    the truth now) this is a one on one situation but I needed to remained calm
    and tactful. She proceeded to explain benefits and qualities of membership.
    Truth is this being a timeshare resort and accommodation kind of membership
    that supposedly allow members to benefit paying a flat rate of US$99 to stay
    7 days, US$599 for 2nd week for 6 pax at resorts all over the world lasting
    30 years. Too good to be true?

    I looked at the lists of resorts and hotels in the 4000 total thick catalog
    presented to me. Well, got Hyatt and Marriott hotel name leh. Think again.
    True they are under the same company but someone in the industry of
    hotel-industry or marketing can tell you seriously that those are downward
    stretching attempts done to compete with motels and hostels. Simply put
    are 2 to 3 star accommodations in weird locations at most. Best part is I
    pressed on to try learn how much a membership cost, the promoter tried to
    push on and try to influence/confuse/emphasize cost savings through the
    membership benefits. Well, I played along and shown acting interest in the
    plans but the game was quite up as the promoter kind of realized not much
    progress can be made. SO a male manager joined my table and tried to coerced
    and act stern to sway my judgment. (he found the wrong opponent this time
    round)

    Well, I terminated his "game" of Yes/No reply only questions (deadly bcos it
    can easily influence people opinion sometimes) and I demanded tactfully to
    know the cost of membership that was not mentioned until this point. Result
    $250 a month. Did a quick calculation $3000 a year. 30 years = $90000 +
    US$99/599 times number of usages! (You think can stay in so much
    accomodation in your life, go ahead) I firmly replied "No" to the face of
    the 2 people and was quickly shown out the door. (Game over I guess.) But I
    managed to collect the vouchers and gifts on way out as my entitlement for
    participation. (kiasu? Maybe but can use the $20 mah)

    At this session I overheard people signing up for it actually. (tough luck
    ) This experience took me an hour plus, since then I felt quite
    enlightening too (outwit, outlast and outplay, survival loh). Hehe... (not
    my cup of tea unfortunately)

  2. #2

    Default

    This is an account circulating through the emails. I have personally encountered these people before but I stopped after the 2nd lucky draw where they claimed I had won some hotel stays. I knew something is fishy. I had agreed to help out in the survey out of good will but wasn't aware that these people were up to no good in the first place. And these people were our very own Singaporean youths! Seems like some of our youths had already join the DARKSIDE!

  3. #3
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    for those that already signed up, there are separate agencies/companies that would offer to sell the memberships for you.... but you need to pay non-refundable deposit first! so be careful.
    Last edited by mpenza; 26th May 2005 at 12:07 PM.

  4. #4

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    Thanks for sharing, very enligthening! Didn't know they still carry on even after so much bad publicity.

  5. #5
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    Result $250 a month. Did a quick calculation $3000 a year. 30 years = $90000 +
    US$99/599 times number of usages! (You think can stay in so much
    accomodation in your life, go ahead)

  6. #6
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    Why is this still allowed? It is close to pressurising to buy........wasn't that disallowed?

  7. #7
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    Default Infiltrated JB

    Yo Pals...

    I was surprised when my family was approached by salesperson of these companies.......approaching ppl.....in Danga bay.....JB......

    And get to know that they are employed from singapore ......

    rgds,
    sulhan

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    Quote Originally Posted by sulhan
    Yo Pals...

    I was surprised when my family was approached by salesperson of these companies.......approaching ppl.....in Danga bay.....JB......

    And get to know that they are employed from singapore ......

    rgds,
    sulhan
    that is incredible!

  9. #9
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    Not all timeshare are bad.. Ultimately is to know the facts, and like what was said, can you stay so many nights for holidays etc?

  10. #10
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    Quote Originally Posted by nemesis32
    Not all timeshare are bad.. Ultimately is to know the facts, and like what was said, can you stay so many nights for holidays etc?
    It is not about timesharing itself........it is the way people are being swayed into buying it, without giving them ample time to think about it......they tend to tell you that the offer is shortlived etc.....they basically try to use your 'greed' to get good offers, they play a psychological game...........that's what is bad about it.

  11. #11
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    Yeah i know what you mean. In any case, i do believe there is a "cooling period" under the singapore's Fair Trading Act (not sure if i got the name right) which allows buyer to back out within certain no. of days.

  12. #12

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    No one can actually label it as a scam. If not, it would have been reported in the news as illegal. However, the way they played the lucky draws make sure that every time you win the takashimaya $20 voucher on the first round and hotel stay voucher on the 2nd round do suggest some sort of deception involved? No point defending against this kind of underhand practises and it applies to all forms of dealings using pressure tactics to hook people up. Not forgetting the number of people who are now trained under the DARKSIDE and could be lurking among our own group of friends.
    Last edited by Yezrah; 26th May 2005 at 04:39 PM.

  13. #13
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    I had my encounters and I played along too (for experience mah).

    Just to add on:

    Sometimes, the surveyor will asked you to pick a lucky draw, and then they'll show the award-wining shocking facial expression to make you believe that you're so lucky. But actually every one will get the LUCKY price.

    During the 1-on-1 session, sometimes they'll offer you a while-stock-last offer that's even cheaper than their usual rate. And the manager will join in to further brain wash you.

    And when other people got con...vinced, and signed on the spot, they'll ring a bell, then add pressure to you.


    Oh, the cool-down period is 7 days. But hey! why sign-up in the first place?

    Sometimes they'll place survey forms in resturant, etc for lucky draw. Then you'll receive calls to congrate you fro winning their GRAND price!
    Just be wary of those.

    I've play-along the MLM talks too. That one really SCAM. Exploiting loop-holes of the regulations, a well ochestrated CON-job.
    I standby my words. Sue me lah.

  14. #14

    Default

    Wow!! Thanx for sharing the various experiences. I always refuse to take part in any surveys of these sort. Personally, I think there are better ways to make a living than to 'con' others into parting with their hard earned money & saddle them with a huge debt. At the end of the day, it is still 'caveat emptor'.

  15. #15
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    best way to avoid a scam - BUY BUY BUY until u got nothin left in the bank for them to scam

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    Quote Originally Posted by nemesis32
    Yeah i know what you mean. In any case, i do believe there is a "cooling period" under the singapore's Fair Trading Act (not sure if i got the name right) which allows buyer to back out within certain no. of days.
    Typically its 7 or 14 days.

    Even for those unit trusts u guys buy, there's typically a 14-day 'cooling period' which, within 14 days of receiving the policy, u have the right to reject the policy altogether.

  17. #17
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    So which side will outlast the other side:
    - timeshare scheme
    - multilevelmarketing scheme

  18. #18
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    Quote Originally Posted by Astin
    So which side will outlast the other side:
    - timeshare scheme
    - multilevelmarketing scheme
    They'll both live forever...so too many gullible people around.

    Other forever-successful con-jobs are:

    - rare capacitor selling cheap
    - spliting of money found dropped by elseone
    - magic stone that cures
    - magic water that makes US dollar
    - Lottery scam
    - money laundary assistance
    - internet 'fishing'
    - (many many more)

    but people (regardless of educational level) still fall for them...

    I think just last month, read from paper that a local guy age 32, upon transferring $100,000 to Nigeria for 'processing' of the lottery which he 'won', took a flight there to claim the fortune, and never return. So mother reported to police.

    Sad story.

  19. #19
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    Wonder what would happen if a timeshare salesman meets a multilevelmarketing salesman? Add in the magic stone man and the win-lottery man....
    Maybe Jack Neo can make a movie out of these sit-com

  20. #20

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    I don't think all multilevel marketing companies are bad. True that maybe there are lots of bad ones that cause all these bad publicity about the MLM companies.

    Take for example Amway. I think this one is a good one.
    I am not their member, by the way, since I don't have time to do it.

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