Timeshare Tactics Used to Entice Buyers to Multimillion-Dollar Mansions

The video discusses the concept of test driving mansions, a strategy used by real estate agents to attract potential buyers in a competitive secondary home market. It covers the requirements for participating, such as showing an investment portfolio, and the fees involved, which can be as high as $7000 per night. These fees are credited towards the purchase if a sale is made. The strategy includes offering luxurious experiences like river tubing and spa treatments to entice buyers. The approach is effective, with 20-25% of sales occurring through this method.

What do buyers need to show to be considered legitimate in the buying process?

What is the term used for people who speed past the sales gallery without charging fees ahead of time?

How much can it cost to stay in some of these places per night?

What is the ultimate goal of getting buyers into the properties?

What are some of the amenities mentioned that could help in selling properties?