The Main Reason Fractional Owners Cancel Timeshares is Lack of Disclosure

The Main Reason Fractional Owners Cancel Timeshares is Lack of Disclosure

When it comes to timeshare ownership, there are a number of complaints that can surface. Some are easy to fix and others can be concerning or problematic. In an age where travelers can pretty much go anywhere, you’ll find that many are willing to take risks for the right deals. They’ve learned to temper their expectations and embrace a little more adventure. When you’re traveling with enlightenment in mind, the unexpected tends to be riveting. Traveling to places you’ve never been tends to come with a dash of unexpectedness. This is what adds a little thrill to the nomadic culture that scours our planet today. At the same time, it’s what separates retail travel from vacation ownership. In order to understand why fractional owners cancel timeshares, we have to acknowledge why they make the purchase in the first place.

With that being said, there are still a plethora of people that value the traditional element of vacationing. They’re willing to pay higher prices to be pampered to a certain degree. An ability to enjoy upgraded living spaces, first class meals, amusement and entertainment outside of the norm is what vacationing is all about. It allows them to escape their worries, unless the trip becomes worrisome. When expectations aren’t met – or travelers don’t feel like they’re getting what they paid for – the entirety of the experience can be ruined altogether.

Generous Spending Travelers Have Expectations.

To put things in perspective, the average vacation costs $1,145 per person. Standard costs can be significantly lower when you’re traveling to less popular destinations. But for the most part, this is pretty consistent. It’s easy to see why so many people get their panties in a bunch when something goes wrong. In the case of the timeshare, a poor purchase decision can cost thousands of dollars per year, for life. This can be extremely problematic. Especially when there are so many timeshare owners that can’t even enjoy their purchase due to availability complications.

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If you’re the type of person who gets worked up when the continental breakfast isn’t available or the coffee pot is empty, then you probably won’t handle typical timeshare letdowns very well. The types of situations buyers face after signing away their annual salary is bothersome. While all travelers should witness top-of-the-line amenities and service when paying a pretty penny, timeshare owners deserve much much better. But because they’re under contract no matter what and retail opportunities are more fruitful for resorts, fractional owners continue to receive the short end of the stick.

Since we’ve already discussed most of these problematic scenarios in earlier articles, we wanted to talk a little bit about what finally pushes property owners over the edge. Although most believe things will eventually get better, others can’t wait until the day they’re timeshare free. A sense of hope is held onto because timeshare companies really know how to lead their users on and buy themselves more time. At the same time, there are 4 realizations that tend to occur at some point during ownership. The eagerness to cancel a timeshare contract usually peaks once owners see the purchase for what it is.

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Why Would You Want to Cancel a Timeshare Agreement?

When making a substantial purchase, consumers typically take their time. Because of the competitive nature of these transactions, a good amount of haggling is often involved. Not many people go into a car dealership and accept the sticker price. With that being said, it can be difficult to understand why so many consumers don’t use the same approach during a timeshare purchase.

But unless you’ve attended a timeshare presentation (or another high pressure sales environment) before, then it’s hard to get a sense of the level of enthusiastic deception involved. Incentives sometimes cause salesmen to make promises they can’t keep. Although regulations are beginning to crack down on unethical practices, timeshare owners are still being left in the dark about their purchase. Because a lot of their dissatisfaction stems from a lack of disclosure during the initial presentation, canceling the timeshare immediately is typically on their radar. Let’s take a look at 4 reasons why.

1. The Perpetual Reality Settles In

One of the many reasons fractional owners eventually cancel a timeshare contract is the realization their obligation is perpetual (never ending). Leading up to a timeshare sale, the contract details are often overlooked on purpose. Some make the purchase without even knowing a contract exists because they’re caught up in what they believe is a deal of a lifetime. Sales reps know how to keep attendees distracted with “shiny objects” instead of focusing on disclosure. Leaving out contract disclaimers and other pertinent information essentially encourages them to make a large purchase they know little about.

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Timeshare owners usually realize their payment obligations never cease once they’ve paid off the mortgage. The euphoria of paying something off can quickly turn into despair when the contract details are brought to their attention. The realization also occurs when availability issues become so concerning that the owner begins inquiring about a refund. When they’re pointed to the rescission period (agreed amount of time to cancel a timeshare), they usually uncover the actualities of the deal for the first time.

Having no control over future financial obligations or property use typically motivates owners to find a way out. To them, canceling a timeshare contract immediately is better than continuing to pay for something (for life) that they didn’t necessarily agree to. When compared to other relief options, like selling or renting, cancellation is far more rewarding.

2. The Survivorship Clause Loses Its Appeal

Aside from contractual specifics, timeshare companies do a great job of adding a number of value propositions to presentations that entice attendees. Empty nesters have been known to be a major target since they no longer have their children in the home. As this demographic ages, they tend to value an ability to will things to their children. Because of this, timeshare companies sell additional perks that benefit the whole family.

Besides right to use options (for friends, family or business travel), this demographic is normally intrigued by an ability to gift their children a paid off vacation package when they can’t use it anymore. This Survivorship Clause, also known as the “Legacy Pitch,” is another way salesmen distract attendees with partial truths. Instead of inheriting an available condo, heirs actually take over payments on a property that’s rather difficult to use. Some may not even want it.

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Whether the owner is processing the transfer or the heir is digging through the contract, the lack of disclosure can be unsettling. Canceling a timeshare becomes a lot easier when it’s clear the purchase was based on a lie. Owners don’t want to pass grief onto their kids and heirs typically don’t want to deal with the hassle. Especially if it’s from a parent that’s recently passed. 

3. Interest Rates + Fees Create Desire to Cancel Timeshares

When people first hear they can vacation every year for a fraction of the cost, they normally have a few questions. But timeshare sales teams are very sly when it comes to explaining payment obligations. While the expense may seem pretty straight forward, you’d be surprised how many buyers don’t analyze the entirety of the purchase. If they did, it’s safe to say many people would reconsider the expense.

During most closings, the potential buyer is made aware of their monthly commitment to the resort. What they don’t realize is they are obligating themselves to pay double (and sometimes triple) the retail rate. While the average cost of a timeshare contract is $20K over 120 months ($167/month), the purchase is actually closer to $43K when you factor in a 17.9% (average) interest rate. Buyers aren’t completely aware of how much this actually costs them because the numbers during the presentation don’t include loan details.

Maintenance fees also tend to catch new timeshare owners off-guard. Every year, fractional owners receive an “upkeep” bill with a $1K average. This brings the total cost of the timeshare to (at least) $53K. Their total will continue to climb if assessment fees pop up in the mail. These can be anywhere from $2-4K each.

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Remember, the contract is perpetual, so annual fees continue for life. This makes it difficult to even put a cap on the purchase. When you break it down, $400-$500/month is a lot different than $167. Many simply can’t afford this while others become bitter towards the cost. Especially when they’re only able to garner 3 star accommodations – if they’re available. Seeing they can spend $5000 on something better or save it altogether forces them to pull the trigger on timeshare cancellation services.

A Lack of Disclosure Causes Most Cancellations

There is a lot of uncertainty surrounding the explanation of timeshare contracts. Many timeshare companies have been busted for their unethical practices while others continue to find ways to misled their targets. Either way, a lot of the cancellation requests we receive are from timeshare owners who feel they’ve been lied to. What they thought was true inevitably wasn’t and now they’re spending their time trying to cancel a timeshare instead of enjoy one. If you believe you have a right to cancel or are simply wanting to get out of your timeshare agreement, we’d be more than willing to help. We offer FREE consultations or you can get started by submitting an eligibility form below.

High Pressure Sales, Lack of Disclosure Fuel Class Action Timeshare Lawsuit vs Westgate

High Pressure Sales, Lack of Disclosure Fuel Class Action Timeshare Lawsuit vs Westgate

Vacation owners have been voicing their concern about timeshare availability since the 1980’s. But they haven’t been able to prove what was promised to them by the sales team. Today, a number of unhappy owners are finding restitution due to the number of sales and marketing regulations that now monitor the industry. The ability to document presentations on cell phones and access public information online has also worked in the consumer’s favor. Although timeshare companies have been smirking and pointing to contractual agreements for decades, they’re finally forced to acknowledge their misconduct and relieve some of their buyer’s remorse.

In December of 2018, Westgate Resorts became the latest timeshare company to be exposed for misleading sales tactics. Apparently, their Smoky Mountain Resort and Spa in Gatlinburg, Tennessee was selling “dream mountain vacations” that didn’t exist. Buyers were promised “rest and relaxation” in the heart of the Smoky Mountains; but important details were left out of the presentation. For starters, many buyers weren’t aware that their timeshare interest was subject to a “floating use” plan.

Instead of adequately explaining the terms of their package, sales agents focused on avoiding full disclosure. They knew certain details might deter their prospects. According to the lawsuit, Westgate used “secret pockets” in their leather binders to hide pertinent information from sales attendees. Since Westgate made it extremely difficult for buyers to find legal documents that disclosed their rights, many weren’t aware of their right to cancel the timeshare purchase. Once buyers figured out their “floating use” plan didn’t provide reasonable access to the property, they realized they’d been lied to.

The Problem With Westgate’s Timeshare Sales Strategy

Attorney Mark Chalos, with the Nashville office of Lieff Cabraser, is part of the team representing victims in the class action timeshare lawsuit. He believes that Westgate’s business model is to blame. “It’s part of a very complicated, high pressure scheme, as we’ve alleged, to take money but deliver essentially nothing,” said Chalas. “So, one unit, they may sell hundreds of times, and when people call to say, ‘I’d like to use a week’, they’re not available,” Chalos relayed.

According to court documents, Westgate’s aggressive business model relies on making money “by selling shares in property units, not by customers using the weeks they have purchased in those units.”  The 65-page lawsuit also claims that Westgate sales reps are “encouraged to lie to customers in high-pressure sales pitches.” There are strong incentives in place to sell as many shares as they can for one condo. Not only do sales teams benefit from timeshare sales, but the resort does too. Overbooking keeps every unit full throughout the year, maximizing the property’s revenue opportunities.

In this specific lawsuit, the timeshare company basically used their units any way they pleased. They were either clearing out certain dates for sales presentations or repeatedly selling and renting units at premium retail prices. In other words, Westgate was controlling availability at the buyer’s expense in order to line their own pockets. Availability didn’t worry them because the money was rolling in.

Since the defendants (Westgate), refused to disclose material facts about the purchase to buyers and deliver on their expectations, they were in violation of the Tennessee common law and the statutory law. So far, the lawsuit consists of six clients that claim they’ve never been able to book a vacation at the Smoky Mountain timeshare. Two of which stated they spent $30,000 and $18,000 on the nonexistent opportunity.

Helping Timeshare Owners Find Relief

Westgate isn’t the only timeshare using these tactics. Minimal disclosure coupled with high pressure sales is pretty common in the industry today. Unfortunately, many timeshare owners end up paying thousands of dollars for the property on top of multiple upgrade costs and yearly maintenance fees. If you feel as though you’ve prematurely made a purchase or would like to get out of a timeshare contract you’re unable to use, we’d love to help. Feel free to schedule a free consultation or proceed with our qualification process below.

7 Tips For Attending a Las Vegas Timeshare Presentation

7 Tips For Attending a Las Vegas Timeshare Presentation

Sin City provides local timeshare companies with an advantage when it comes to targeting new fractional owners. Besides the draw of Las Vegas itself, many tourists are easily persuaded while visiting the city of lights. Unreasonable spending and an overwhelming number of distractions make it easy for resorts to sign travelers to a perpetual (lifetime) agreement.

Since our previous article highlighted some of the ways timeshare companies lure consumers to the desert, we thought it would be helpful to prepare our readers for a Las Vegas timeshare presentation. Nearly everyone that purchases a timeshare vacation while on vacation doesn’t anticipate doing so beforehand. Many take the bait because they’re unaware of the tactics that salesman use during the presentation. Most of them don’t even know what a timeshare actually entails. This allows sales reps to dance around disclosure while puffing up the purchase. As you can imagine, it puts attendees at a tremendous disadvantage.

VOC’s Vegas Timeshare Presentation Tips:

Whether you’ve traded a few hours for a free gift in Vegas or you anticipate being pulled off the street during your Vegas vacation, here are a few things to chew on before you consider signing any dotted lines.

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1. Prepare for a Hard Sell and an Over Promised Product

Before you walk into a timeshare sales presentation, it’s important to realize that everything sold (or given) to you will sound appealing. The sale is focused on making you feel like you need the property and that you can afford it. If there’s anything you take away from this article, it should be that the experience will be painted a lot more grand than it really is. It’s highly unlikely your exhilaration will exceed what it is at the point of sale. If it sounds too good to be true, then it probably is.

Don’t allow yourself to be distracted during the presentation. Although the thought of buying into fractional ownership may sound perfect, never make a hasty decision while visiting Vegas. Wait until you get home to sleep on it. Unlike most purchases, you can’t just dump a timeshare if it doesn’t work out. Besides the resale market being nonexistent, signing a timeshare contract exposes you to a number of additional hard sell tactics that can drain your wallet quickly.

2. Do Some Homework on Timeshare Contracts Beforehand

Before attending a Las Vegas timeshare presentation, you have to understand that all timeshare sales reps are paid handsomely in commissions. Their livelihoods and lifestyles are driven by your signature. The best part for them is they never have to see or hear from you again. It’s their job to create so much urgency that you don’t even think about looking up actual reviews or researching the legality of your purchase.

Vegas timeshare sales teams are paid to nurture you into making a purchase on the spot. Some sales reps will say anything to accomplish this. Las Vegas is even more cutthroat. These people are really good at what they do. They know how to ask the right questions in order to present you with intriguing options. If you know a little bit about what you’re getting yourself into, then you’ll be able to identify false statements and blatant lies. The fact of the matter is, sales misspeak has been penalized quite a bit in the timeshare industry. Getting up to speed on deceptive practices before the sales pitch can help you avoid a big mistake.

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3. Document the Vegas Timeshare Presentation.

While this may sound like a silly thing to do while you’re on vacation, taking notes (of the sales pitch) will actually help you enter and exit the presentation with confidence. Believe it or not, people that say “No” to a Vegas timeshare may end up toiling with their decision throughout their vacation. When you take the time to do your homework and take notes during the spiel, then doubt can be eliminated altogether. This is important because you don’t want to return to the resort begging for another “deal”.

Documenting a Vegas timeshare presentation creates clarity and helps you ask the right questions so you can get the right answers. Highlighting what entices you most and finding out what each actually entails will help you determine if your intrigue is real. Being able to cross reference your interpretation of the deal (or what’s being presented) with the actual agreement is invaluable.

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4. Request a Copy of the Timeshare Agreement

While “mulling over the contract” isn’t going to be music to a salesman’s ears, it’s necessary that you do just that. Asking for a copy of the timeshare agreement is absolutely imperative. If you’ve prepared for the Vegas timeshare presentation and taken notes throughout, then you have no reason to avoid a cross reference.

Sadly, many timeshare owners agree to a perpetual contract they know nothing about. Don’t be another statistic. Although pushback should be expected, be persistent and willing to walk away if they’re unwilling to provide you with your own copy. If you can’t confirm what you have written down, then run. At the end of the day, verbal agreements mean nothing in a legal battle.

5. Compare Your Notes with the Timeshare Contract

If there’s one thing worth mentioning, it’s that going over the contract with the sales rep is rather risky. We’d like to remain consistent here and remind you to consider the purchase after your vacation is over. It’s never beneficial to review the details of a major purchase with the sales rep. You’ll never be able to disengage from your initial intrigue.

When it comes to buying something of this magnitude, it’s important you make sense of what’s being presented to you. With that being said, at least make sure statements made during the Vegas timeshare presentation are actually in the contract. If the details are inaccurate then nothing about the purchase should appeal to you.

6. Don’t Let the Pressure of “Buy It Now” Misguide You

Understanding what to expect out of sales jargon (or commission breath) may not be enough to help you lean on logic. We’d be remiss if we didn’t prepare you for additional statements that can lead you to believe taking a risk is worth taking the deal. Aside from persuasive misspeak, timeshare sales teams are very good at making you feel guilty for saying “No.” One of the ways they do so is by pressuring you to take advantage of “today only” offers and promotions. Don’t take the bait.

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The price of the timeshare only increases when you believe the offer expired. If you return expecting to pay more, you will. Ironically, if you continue to push back, the pricing tends to magically become more favorable. If you feel like their offer might be too good to pass up, we still encourage you to avoid giving in. Tell them you want to think about it. If they want your business then any valid offer on that day should be valid at the time you want to move forward. Refusing to give you time to review the purchase should be a major red flag.

7. Don’t Let “Free” or “Complimentary” Gifts Cloud Your Judgement

As aforementioned, being lured to the Entertainment Capital of the World with promising intrigue is a common step of the timeshare sales process. But it doesn’t start and stop with the invitation. During most Las Vegas timeshare presentations, “free” and “complementary” items are frequently offered to prospects so they stay longer. What was supposed to be 90 minutes can easily turn into an all day event. The longer you’re engaged, the more likely you are to buy the timeshare. Sales teams know this. Whether you want to pursue additional “free gifts” or not, you don’t have stay longer just to get what was originally promised to you.

If “90 minutes” of your time was required for you to receive “XYZ” then the resort is legally required to provide you with “XYZ” once you’ve served your time that was advertised to you. Keep in mind, escaping the presentation can be tricky in itself. Expect to be passed off to 5 more “closers” who’re trained to sweeten the pot so you’ll sign the timeshare contract.

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In this scenario, continue to reiterate what you’re legally owed and reference the advertisement that brought you there. If they fail to comply, they’re violating existing laws that regulate advertising. They should know the punishment is pretty severe. When you’re able to specifically pinpoint their misconduct, getting what you came for becomes easy. Moreover, taking advantage of these 7 tips allows things to work out in your favor. If you want to Viva in Las Vegas then you’ll need to look past the tactics of timeshare companies.

If you recently visited Vegas and feel as though you’ve prematurely signed up for a timeshare contract, we’d be happy to provide you with a free consultation. If the purchased product doesn’t match what was verbally told to you, then you have every right to cancel the agreement.

Timeshare Company Cheats Couple in Late 80’s Out of $150K.

Timeshare Company Cheats Couple in Late 80’s Out of $150K.

Frank and Betty Lusk have been advocates of timeshare ownership for quite some time. After retiring as Christian missionaries, they fell in love with their ability to travel the world. They’ve used fractional ownership to travel to Florida, Alaska, Hawaii, the Caribbean and even Scotland. Up until last year, every one of their timeshare purchases resulted in a positive experience. To them, each contract was relatively straightforward and affordable. This allowed them to confidently pay off most of their timeshare expenses. In a recent article with AZ Central, Betty went on to say, “We’ve enjoyed the timeshares.”

How they Were Manipulated into Buying

Although they’ve learned to appreciate timeshare travel, they weren’t looking to buy anything else while on a Caribbean cruise in September of 2018. Nonetheless, they were approached by a Diamond Resorts salesman during their voyage. He presented them with an enticing offer. Instead of enjoying a private dinner date, they decided to listen to his pitch about a special reception on a private island. Frank remembers how appealing it sounded to them. “They called it a dream holiday,” he said.

The persistence of the salesman was also memorable to the Lusks. Betty noted, “He really talked us hard into getting this.” The $150K timeshare purchase with 10% down was referred to as “life insurance” by the sales rep. He told them the contract would resolve any debt they had with Diamond once they were deceased. Since the Lusks were skeptical about this assertion, the salesman repeatedly showed them documentation that seemed to support his claim. Even though they weren’t able to keep a copy for themselves, it was enough to sway them into making the purchase.

By the end of their cruise, the articulate salesman succeeded at closing them on a timeshare contract worth $150K. On top of this outrageous amount, he was also able to secretly lock them into $19,000 in yearly maintenance and assessment fees. Without being privy of the additional fees, they went ahead and completed the purchase by borrowing money against their retirement home in Phoenix, Arizona.

Intuition Told Them to Cancel the Timeshare Purchase.

As the cruise docked on their 68th wedding anniversary, Frank and Betty started to become uneasy about the purchase. Instead of celebrating their marriage, they were full of regret. Their gut told them to take advantage of their rescission period (legal window to cancel) by sending a certified letter to Diamond Resorts. In the letter they stated, “We do not want to encumber ourselves with further debt at our ages.” Shortly after their sigh of relief, the salesman called them to talk them out of their cancellation request. Surprisingly, they changed their minds.

Apparently, “We’re too trusting,” said Frank. Betty added, “We’re Christian people, I guess we’re not as worldly wise.” Unable to stand up to the salesman, the anxiety of the purchase ate at the Lusks. Eventually, they sent another letter that demanded Diamond Resorts cancel their agreement, accusing the company of elderly abuse. A settlement with the Arizona Attorney General in 2017 for false promises and sales misconduct reinforced their decision. The lawsuit included a number of timeshare owners that also felt like hardball tactics had been used to keep them under contract. In their second letter, they stated, “Keeping this contract would lead to our bankruptcy.” But similar to those involved in the previous settlement, the Lusks also experienced Diamond’s refusal to honor their right to cancel during rescission.

Charges Continued Even After Cancellation.

Even after the timeshare company confirmed the cancellation, the Lusks continued to receive bills in the mail. When they called the resort, they were told the contract was still valid. Despite a confirmation letter from Diamond, they were still being held responsible for payments. “It was a nightmare,” Frank said.

Since the Lusks had never experienced anything like this before, they weren’t sure where to turn. After researching relief options, they decided to use a timeshare cancellation company to permanently terminate the purchase. After paying $10,000 to cancel, they were finally free and clear from their obligation to pay. Frank now labels the getaway as, “the dumbest thing we ever did.” Betty, now 88, has endured insomnia and fainting spells ever since the experience. After being hospitalized several times, it’s safe to say her perception of the industry has changed.

Buying a Timeshare Can Be Extremely Risky

Cases like these happen all the time. We recently helped an elderly client escape her $140,000 timeshare contract after she took out a reverse mortgage on her home to pay for it. A few weeks ago, we also helped a retiree that wasn’t even able to use his property because of a medical condition. He and his wife paid $40,000 (through ACH) out of their personal bank account while the timeshare financed the remaining $30,000 on a Barclays credit card.

The fact of the matter is, every month, hundreds of thousands of dollars is being ripped from consumer’s hands by timeshare companies. Aside from educating consumers on the actuality of ownership, we want to help current owners get rid of timeshare contracts. If you’d like to learn more about your options, our consultants are available to talk to you for free. If you’re set on terminating your agreement, you can access our qualification form below.

Why Las Vegas Timeshare Owners Want to Get Out of Their Agreement

Why Las Vegas Timeshare Owners Want to Get Out of Their Agreement

When most people plan a destination vacation, entertainment normally plays a big role in their decision. Although some prefer a quiet escape with minimal distractions, most people travel to do what hasn’t been done or see what hasn’t been seen. In Las Vegas, Nevada, there isn’t much that doesn’t catch your eye. The city’s ability to grab and hold one’s attention span is unlike any other point of interest in our country. For example, it would take one person 288 years to stay the night in every single Vegas hotel room.

Nearly every American citizen has been to Las Vegas at least once in their lifetime. Some people never leave once they arrive. It’s been estimated that over 1,000 people live beneath the city of lights in underground tunnels. A few people even find pleasure in not being able to remember what transpired during their stay. The popular slogan, “What happens in Vegas, stays in Vegas” is the real deal. People looking to get loose for a weekend or two seem to be able to do so without any regrets. Not many places have been able to thrive with that motto.

While this only adds to the element of what has become known as “Sin City,” there is still a tourist draw to the Entertainment Capital of the World. Some people enjoy themselves so much that they plan multiple vacations to the strip every year. The lively, recreational landscape changes so much that they’re able to relish in something new each trip. Although gambling, sensuality and partying might headline most recommendations, live shows, sporting events, business seminars, product launches and people-watching can be just as appealing to travelers.

Either way, we can all agree that there is something for everyone on the 4.2 mile long strip in the middle of the desert. You don’t have to look at the city from space to know that it’s one of the most radiant places on Earth (actually the brightest from space). If it wasn’t so alluring, people wouldn’t be so willing to cash out in Nevada instead of a tropical paradise elsewhere.

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While Las Vegas may not seem like an ideal place for timeshare developers, it most certainly is. There are plenty of ways they use the city to maximize revenue. Although it may not be ideal for an American traveler to buy into an annual vacation across the World, Las Vegas always gets their attention. So before we explain why Las Vegas timeshare owners are exiting their contracts, let’s discuss a few of the deceptive practices being used to get people to make a lifetime travel commitment to Sin City.

The Las Vegas Lure is Advantageous for Timeshare Companies.

Since Vegas timeshare developers don’t have to spend a lot of time selling people on the perks of the city, all they have to do is dangle the idea of a free trip to garner attention. This simplifies their approach, unlike sales tactics for timeshare resorts in other parts of the country (or world). Most consumers tend to know what a “trip to Las Vegas” entails. This gives resorts an advantage when investing in cold calling techniques and direct mail campaigns. Although solicitation efforts have dwindled in the timeshare industry today, many consumers will listen to discounts in locations that already interest them.

Regional Outreach Efforts Entice Proximate Residents

When it comes to outreach methods, Vegas timeshare companies understand their biggest opportunity lies in neighboring states and cities. Geographical proximity targeting increases their ability to sell fractional ownership because of the convenience of the package. Whether prospects are being targeted through the mail or over the phone, the possibility of them driving to Vegas to check out the offer is a lot higher than other geographical locations.

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Since Las Vegas is located in the center of multiple major U.S. cities, this gives developers an advantage when luring people to the Entertainment Capital of the World. Come to think of it, we have offices in Scottsdale and Malibu that are only a few hours from the strip. Sales teams have already been known to say anything to get people to a timeshare presentation. It’s a lot easier for them to lure aspiring travelers to Vegas with a “complimentary” stay or for “a deal of a lifetime.” In the timeshare marketing world, this technique is called a “mini vac.”  Their job becomes easier once they get you to Vegas.

What many people don’t realize is that there are some drawbacks to accepting “free” offers. In order to use certain entertainment packages and perks, guests are required to jump through certain hoops. Normally, attending these requirements take up a majority of their trip to the strip. If you refuse to follow through with “your end of the bargain” (even if you weren’t briefed), you could end up with some unexpected situations that can be costly in themselves.

Targeting Travelers During Their Vegas Trip.

Vegas timeshare solicitation doesn’t stop with cold calling and mailers. Timeshare companies know there is a huge advantage to targeting travelers during their vacations to Sin City. It’s easy for them to reel in tourists that are stuck in a state of vacation euphoria, looking to enhance their experience. In Vegas, a majority of these people aren’t in a clear state of mind and resorts know it. The Las Vegas Sun even did a piece on how tourists are bucketed and targeted. Thrill seekers and those intoxicated (or hung over) are easy to engage and manipulate. The loose spending habits that normally accompany Vegas travelers also gives resorts an upper hand.

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As the article states, Vegas tourists are easily persuaded to attend a “free” show, dinner or nearby activity with little resistance, in exchange for 90 minutes of their time. If attendees are already enjoying their Vegas experience, they’re normally intrigued by the idea of something free. Once they’re pampered a little, returning to Vegas every year at a discounted rate sounds even better.

What starts off as a brief, “no purchase necessary” invite quickly turns into an all-day event. From here, many travelers leave with a $20-40K mortgage on top of a perpetual timeshare contract they know nothing about. Nearly every buyer walks away believing they made a good decision. They normally don’t realize they made a mistake until booking their timeshare becomes problematic down the road.

The Main Reasons Vegas Timeshare Owners Want to Cancel.

At this point in the article, you can probably assume why so many people want to get out of timeshare agreements in Las Vegas. Misspeak and commission breath is believable when you’re on vacation, especially in Sin City. Thousands of travelers say yes to something that doesn’t match the description. They quickly realize they’ve been duped into buying something they can’t even use. Once payments kick in and they receive their annual fees, their desperation to cancel can go into overdrive.

Aside from being misled, many timeshare owners struggle to even enjoy their purchase. Finding availability in a popular tourist destination (during ideal dates) can be nearly impossible. If you split the contract cost with someone else, conflict regarding usability may arise. Certain properties can even be difficult for aging travelers to access. Layouts and amenities sometimes hinder those with medical conditions or parents with young children. At the end of the day, many Vegas timeshare owners are left unable to use the vacation but are still required to pay the dues.

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While timeshare owners always have the option to pursue upgrades or exchange programs, they’re often left reeling throughout their experience. Once the “too good to be true” offer is seen for what it really is, fractional ownership is tarnished. Paying more for a property you’ve yet to experience can be hard to stomach over time. With all of that being said, it’s easy to understand why so many buyers want to get out of their timeshare agreement as quickly as possible.

It’s Never too Late to Cancel Timeshare Contracts.

Although listening to an intriguing sales pitch about routinely vacationing in Vegas may entice you, we urge you to proceed with caution. It’s always important that you don’t make a hasty decision during the heat of your trip. Often times, your judgement will be clouded and you won’t be able to make a rational decision. A Vegas timeshare isn’t something that’s only going to cost you a few thousand bucks. It’s a lifetime agreement that funnels you into a perpetual sales cycle that’s hard to escape.

If you feel that you prematurely signed up for a timeshare and believe you’ve been deceived, we’d be happy to help you exhaust your options. Timeshare cancellation only makes sense if the contract doesn’t match the original sales pitch. You can schedule a Free consultation to learn more or you can proceed with a timeshare qualification form below.

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