When people hear of timeshare travel warnings, most immediately think of the obvious scams. But that’s not always the case. A few weeks ago, we talked in length about how timeshare companies do their best to create doubt around canceling fractional ownership while discrediting the exit industry as a whole. Since most timeshare contracts are perpetual, they’ve been known to say a lot of things to keep owners from seeking relief. What’s ironic about this is the simple fact they’re ignoring the reason why buyers want to cancel in the first place. Instead of improving the product, they’d rather attack a solution that’s been proven fruitful.
Amongst other things, prominent resorts work extremely hard to deflect the reality of the purchase. But when you take the time to assess the buyer’s remorse, nearly every frustration stems from an expectation not being met. While resort upgrades and so-called solutions are deceiving in themselves, nothing causes poor experiences more than the sale itself. Far too often, consumers make the purchase based on promises that aren’t entirely true.
Once buyers are under contractual agreement, the real sales cycle begins. It’s why salesmen will say anything to persuade someone to sign up. Resorts know that fractional owners provide them with endless revenue opportunities. What throws a wrench in their master plan is the growing knowledge of companies that actually know how to get out of timeshare contracts legally. While the market is flooded with an abundance of misconduct, they can’t be too happy about our 100% satisfaction ratings.
Canada Warns Those Considering a Timeshare Purchase.
Although we wouldn’t quite call it a panic, timeshare companies are beginning to take additional measures to keep buyers from canceling their agreements. The Canadian Government has taken notice of the deceit and has issued timeshare travel warnings for those considering a property in Mexico. Apparently, certain resorts have been requiring buyers to sign an additional contract that permits them from ever terminating their purchase agreement. Who would’ve thought the latest ploy to mislead potential buyers is occurring during the initial sales presentation.
A majority of people that attend these seminars are seldomly ever aspiring travelers. They’ve been lured in by free gifts, vouchers and even alcohol. Those persuaded to make the purchase rarely know what they’re actually signing up for and how much it really costs. This makes the attempt to impede on their ability to escape a potentially bad decision even more bothersome. Many owners are left reeling from the cost of the timeshare without knowing where to turn for help. It can be a tough road to navigate when you’re led to believe cancellation services are a sham.
What This Warning Says About Timesharing.
The timeshare travel warnings from Canada make it very clear that these kinds of tactics won’t be tolerated anymore. “It’s illegal for timeshare companies to require you to sign a waiver that prevents a contract from being canceled,” was posted to the Mexican travel advisory shortly after a statement was made.
Like us, they also stressed the importance of reviewing all documents before making a decision. No matter what you sign, every buyer should have an ability to legally cancel a timeshare contract within five days. But just know the refund process isn’t that simple. Be prepared for a fight and don’t wait until the last minute if you have cold feet.
Researching the actualities and ignoring the pitched possibilities typically helps consumers avoid disappointment altogether. Since many Canadians trek down to Mexico during the winter months, they should take note of the increased remorse of those who bought a property south of the border. While fractional ownership can be rewarding, it’s always worth making sure before you sign any dotted lines.