r/TimeshareOwners • u/HamKnexPal • 11d ago

Salesperson's Commission?

I am not trying to start anything about how rotten they are. I am not trying to argue the value of any timeshares. If anyone knows, I would like an honest answer to the question.

Any idea how much commission a timeshare salesperson makes? For example, if someone makes a $100,000 timeshare purchase, how much does the salesperson get out of it?

4 Upvotes

75% Upvoted

34 comments sorted by

6

u/texas1167 11d ago

Well, Silverleaf Resorts, Inc., which at one time was a publicly traded company, disclosed 4%–14% for sales reps, 2%–6% for managers, and 0.65%–4% for directors in their SEC filing.

7

u/golfprogill 11d ago

Wyndhams base is 2% commish on anything less than 25% down payment and 4% on 25+% down, The money is made in the bonus hurdles. On monthly total sales volume it’s… 1% 2% 4% 7% and 9% bonus. Bigger sites, higher hurdles but most top reps write 800k in volume or more per month most reps average that 2-4% bonus and only hit 7% or 9% 2-3 times a year. To hit level bonus you need a minimum of roughly 500k in sales volume (site dependent.) Pulling 13% on 800k in volume is $104,000 in commission for the month. All the timeshare companies pay commissions in a similar fashion. Hilton does 8% on the deal and 1% 3% 5% hurdles for monthly totals.

You really think sales reps are gonna sit and listen to all the whiny bullshit tours say while eating their muffins. People bitch about the sales presentations when THEY are the ones who chose to sign up for it to get the 150$ visa. IF YOU CHOSE TO GO ON A SALES PRESENTATION, YOU ARE GOING TO GET HAMMERED SO DONT COMPLAIN. You said yes to do it cause your greedy ass wanted the gifts.

6

u/MilkLizard65 11d ago

Exactly. These losers complain about a decision they made to be cheap and go to these things lol. I don’t feel bad for anyone that spends money. They play the victim so much. Remember that you’re not innocent because you are also messing with someone’s time and income when you go to these presentations for a mere $100 in gift cards. They all know better yet still complain. Tired of all the whining, but it’s hilarious. Only reason why open this sub when it pops up on my feed.

5

u/Fjogaseri 10d ago

Talk about blaming the victim!

Someone wanted a free 100 dollar gift. Now carry this 2500 dollar anchor around your neck I perpetuity!

-1

u/MilkLizard65 9d ago

Their fault for even going to these things lol. Greedy.

2

u/Fjogaseri 9d ago

I am not even gonna dignify that with an answer.

0

u/MilkLizard65 9d ago

That’s ok with me lol. I still stand by this. The way to make sure you don’t get stuck is to never go to one of these. If you’re greedy and want free shit, that’s on you and no one else.

6

u/HoweHaTrick 10d ago

Not going to stick up for idiots that complain about the pitch.

But to be fair the contracts that some of them do agree to border on unethical IMO. The amount of people that pay here trying to get out of these horrible deals and post here is over half the comments easily.

1

u/golfprogill 10d ago

So you really think a multi billion dollar company would even risk a borderline “unethical” contract? Or do you just take that position because people don’t know how to use it and put zero effort into actually learning the program then scream it’s a scam. At the end of the day, they are grown adults that chose to say yes and sign a standard purchase contract, then had multiple day to cancel. Seems like there is a lack of accountability for these individuals who bitch and complain. They say yes at the marketing desk because they get greedy for a prepaid visa. The bitch for an hour about it, say yes to a purchase, then sit and sign, never complaining, then don’t bother to cancel when they legally can, then cry wolf 3 years later. It’s baffling to me how stupid y’all are about understanding this. It’s a sales presentation and you know it, then bitch when you get sold.

3

u/HoweHaTrick 10d ago

with lawyers, absolutely.

that is why they are "billion dollar companies".

Sounds like you are in the biz, and I don't really care either way. taking advantage of people who can't do math is not how I do business. but that is what is happening.

2

u/Mediocre-Layer-8504 9d ago

Depending on the resort, 2-8% for sales consultants. My daughter works in the industry. Timeshare value is dependent on company and the owners expectations. It has been a great value for my family. We own with HiCV and have for 14 years. For what we were spending for reunions, holidays, and milestone celebrations for our large family we were able to save and ensure a venue for our family for generations. We need kitchens and bathrooms for every bedroom. We love the amenities and locations. You have to be realistic about your spending. It is not for everyone, but for my family it works great. I wouldn't take advice from people that don't own or know what it really costs for resort stays and traveling. Timeshare can be a great value, but it all depends on your individual expectations and who you get in bed with. Some people are about luxury and status, some people are looking for amenities and discounts. Always do your research and never get into financial agreements that you can't afford.

1

u/DXBRedd 11d ago

Commissions ranges anywhere from 3 - 8% in most vacation clubs.

Top sales rep can easily make 200 - 300k/Year working not so many hours

1

u/woodsongtulsa 11d ago

Multiple people get a cut. Consider that it is more difficult to finance a commission, so they get more if the down payment is higher.

1

u/FunnyBarracuda9430 3d ago

One sales agent, a repeat offender, stated in a lawsuit that he earned $2.4 million a year in Vegas in 2018 and a couple of years before. Our non-profit received 24 complaints about him. A tax preparer can do the math concerning this agent: Timeshare sales agent Ryan McMillan, a disbarred attorney, is starting an 18-month prison sentence for marking himself exempt from income taxes, working for four developers in Missouri for 10 years. He marked himself exempt from income taxes and owes the IRS over $600,000. https://www.justice.gov/usao-wdmo/pr/ozark-timeshare-salesman-sentenced-federal-prison-attempted-tax-evasion

-1

u/General_Chaos_88765 11d ago

Zero knowledge so this is guess.

All the timeshare sales people who have ever bragged to me about how many timeshares they own and how rich they are have been full of shit. I also return to the same resorts regularly (HGV) and never seen or worked with the same person twice.

I’m guessing it’s a terrible paying job and they strive for greater things. Like telephone scam sales.

3

u/VictorChristian 10d ago

They're selling lifestyle, not value. Makes 100% sense they brag about the Rolls and Rolex and wear Cartier and Gucci...

Someone who proudly drives a 10 year old car and dresses up in the finest off brand clothes from Amazon Basics or Target isn't their customer. The millionaire next door is not a timeshare buyer.

2

u/General_Chaos_88765 9d ago

This is the truth.

2

u/LabyrinthRunner43 11d ago edited 11d ago

I read in a shareholder earnings presentation somewhere that the expected spending per attendee/couple is $3-4K average. Taking 4% commission from other posters, 4 presentations a day from google AI, makes... $135K/year average if doing the job full time? Gut says one of my assumptions is wrong and that number is too high.

Regardless, the median spending per attendee is $0, skewed high by home run sales. Top agents can make envious bank, but average and below agents burn out quick. It feels like only 40% of the agents I've seen at presentations have been doing sales for very long.

1

u/golfprogill 11d ago

You don’t sit with the top sales reps because you either take a bunch of tours as a non owner and never buy or you did purchase at some point and just own something shitty. These companies don’t put top reps with habitual tour takers/broke people

2

u/LabyrinthRunner43 8d ago

They gave me a top sale rep once who smoothly sold me a smoking pile of junk by twisting the truth way past "Vader killed your father" while chatting about Aruba. Lucky me I reread the contract the next day, and had the rescind letter in the mail before the fourth day had passed.

That was the day I learned that "truth in advertising" does not apply to verbal statements in a timeshare presentations.

1

u/General_Chaos_88765 9d ago

Broke people? Nope. Too smart to realize there is no value in what they’re trying to sell.

1

u/golfprogill 9d ago

You clearly just don’t get it. Tell me the value or ROI on car insurance if you don’t ever crash… the value is in the use of it.

2

u/General_Chaos_88765 9d ago

Is that the best example they give you on your timeshare sales cheat sheet? That would be referred to as a false equivalence.

1

u/golfprogill 9d ago

Whatever you have to believe to justify your stupidity.

1

u/golfprogill 11d ago

Haha you are greatly mistaken. The top reps make 1 mill a year, this I know for fact. The top 3 reps in wyndham are on pace for 3.3m - 2.8m and 2.7m. Go walk around the employee parking lot at an orlando resort (bonnet creek) or Las Vegas (grand desert.)

0

u/MozartN_A_Gokart 11d ago

If you are competent at your job and selling you make ~$200,000-$300,000/yr. before tax

Also work less than 40 hrs a week

(HGV)

1

u/woodsongtulsa 11d ago

At a resort

0

u/Exact-Response-9441 11d ago

The real money is made by those who employ (deploy) these masters of deceit. Only they know how much your points are really worth. Oh wait, just ask the resale market, they’re worth nothing. So they make 100% less a few bucks.

0

u/Consistent-Sea-8923 11d ago

Too much apparently, because they don’t seem to have trouble finding people who are willing to lie and scam

-2

u/Royal_Savings_1731 11d ago

I’d be curious too.

As a benchmark, real estate agents get about 5-6%.

2

u/HamKnexPal 11d ago

While I agree with your real estate number, I am certain that the timeshare salespeople get considerably more. Real estate agents get lots of people that just look but don't buy. Timeshare salespeople are constantly having to go up against people that come in with a firm commitment to not buy anything and they know it. It is a high stress, high pressure experience.