When it comes to getting rid of vacation ownership or managing the financial obligation during rough patches, understanding how to go about handling the matter is key. Aside from the extensive amount of fraud in the exit realm, timeshare companies have been known to leverage an owner’s despair as an upsell opportunity.
Aggressive timeshare sales pitches aren’t anything new. For decades now, vulnerable consumers have been gullible enough to sign up for a lifetime agreement they weren’t actively searching for – and frankly, never needed. Like we’ve mentioned before, popular tourist locations, like Las Vegas, have become a hotbed for misleading timeshare appeal.
Timeshare travel in America has always leaned heavily on political advantages when it comes to growth. For years now, we’ve been covering the effects of lobbyists on lawmakers and how the industry has essentially taken over major vacation destinations across the country…
When it comes to timeshare relief, vacation owners often find themselves overwhelmed by the variety of options available to them. What makes matters even more difficult is that third party predatory agencies like to bend the truth the same way timeshare companies do.
Over the past few weeks, we’ve been talking a lot about the realities and possibilities of vacation ownership during a global pandemic. As we head into month two of our country’s attempt to slow the spread of the coronavirus, it’s becoming more apparent this isn’t going to be a temporary thing.
Uncovering the intentions behind most timeshare entities is quite difficult. Truth be told, it can be quite discouraging too. There is a lot of noise that overpowers the fact that buyers are suffering while timeshares are thriving. Last July, ARDA reported that the timeshare industry made $9.6 billion in 2017 – more than any previous year.
Whichever route you take to get out of a timeshare, the resort isn’t going to make it easy on you. If you’ve experienced multiple layers of deceit (3rd party resale, cheap attorneys or phony exit programs), then it can be difficult to have confidence in your decision. We hope that explaining every one of your options in detail will help you choose wisely.
What usually comes as a surprise to owners is the timeshare’s unwillingness to help them without additional costs. This naturally causes disgruntled owners to look elsewhere for relief. But in most instances, what ends up happening is their desperation gets taken advantage of by third party exit scams. Once they realize they’ve wasted even more capital, they’re not too happy with the resort – and rightfully so.
Since the current narrative of the timeshare industry surrounds dissatisfaction, resorts are desperate to take the attention off of themselves. Especially when people are scammed because the resort failed to satisfy them. This is why timeshare companies are now trying to discourage owners from communicating with any type of third party timeshare relief program. Scam or not, they’d rather control the narrative.
A majority of timeshare buyers try to negotiate with the resort to make the purchase worthwhile only to find themselves enslaved by additional contracts and the same dissatisfaction. Even when owners turn to 3rd party solutions, they have a hard time finding an ethical service that actually cares about relieving them of their timeshare woes. Is a settlement attainable?
If you’re being stubborn due to an unfortunate encounter with an ineffective exit team, then ask yourself if protecting your pride and limiting your credit is more important than moving on from the timeshare purchase for good.
While the inconsistency of the purchase has travelers looking elsewhere for vacations, the unpredictability of timeshare termination has owners looking to legal teams for relief. Once the purchase is deemed a mistake, many buyers immediately believe that hiring a litigation attorney is their most logical solution.
If the timeshare property is rarely available and the costs continue to compile, many owners believe legal action is necessary. You can’t blame them when nothing they were promised transpires. They usually feel like they’ve been scammed by the resort so the trust is no longer there. It may also seem like everyone else that’s trying to “help” only wants their money too.
Instead of experiencing more bang for their buck, many buyers receive less than they expected for more than they anticipated. This is where the financial commitment can become extremely problematic. Once buyers are locked into a perpetual contract, timeshare companies focus on creating a demand for an improved experience.
In October of last year, Garry and Drue were asked to attend an owner’s update meeting when they checked into their resort in the Pocono Mountains. Their Pennsylvania timeshare, Christie Lodge, and RCI offered them a free breakfast to do so. They didn’t expect it to take very long. But when they arrived, they were surprised to see the meeting was for Wyndham.
