Truth About Time Share Exit Team Sales Practices
Not all time share exit teams are legit. Learn how to avoid scams, fake escrow claims, and false guarantees.
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Not all time share exit teams are legit. Learn how to avoid scams, fake escrow claims, and false guarantees.
When a vacation owner first realizes the timeshare resort isn’t eager to provide relief, a number of things go through their mind. While most are initially consumed by outrage, victimization or heavy remorse; desperation usually steers their desire to eliminate timeshare obligations. Because of this, many are deceived by a third-party solution, only to experience further turmoil. As a result, many buyers learn to live with and endure the timeshare burden.
Over the past few years, we’ve published a lot of content that warns consumers and vacation owners alike of the pitfalls in the timeshare industry. For decades now, many buyers have experienced similar setbacks, disadvantages and unexpected costs. But today, some are considering cancellation for the first time.
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.
After covering a few more of our client’s stories, we thought it’d be a good idea to see what other publications are doing about the timeshare crisis today. But after inspecting some of the advice that’s possibly directing thousands of vacation owners, we had to step in. You see, not all online information and bias can be completely trusted today.
In what could be a year of limited resources, losses and compiled debts; hope is most certainly fleeting. At the same time, this is America. Unlike other countries throughout the world, capitalism is supposedly on our side. Many of us are equipped to not only help others through tough times, but progress monetarily. All you need is your back against the wall to make something happen.
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.
As our country remains at somewhat of an economic standstill, most consumers are still holding onto hope that things will eventually return to “normal.” When it comes to vacation owners, many are simply trying to figure out if timeshares will ever be worth it.
As travel lockdowns presume, timeshare travel is doing its best to keep vacation owners from getting restless. While some are hoping to use their purchased vacation in 2021, many have become restless. We know this because we’ve spoken to many that are looking for a way to get rid of their timeshare because of COVID-19.
Even though we specialize in ending owner obligations, our goal has always been to help buyers fully understand and properly manage their perpetual product. So today, we wanted to shed some light on the extra “baggage” that usually comes with a supposed timeshare bargain.
Have you ever made a large purchase that turned out to be less than gratifying? How about a product that didn’t perform as advertised? In most cases, a consumer’s intuition is to return it –or at least making an exchange. But what happens when the purchase ends up being non-refundable due to a return policy that wasn’t promoted or ever explained?
If you were able to catch last week’s article, then you now know there is an endless list of lies that timeshares tell consumers. Nearly every timeshare complaint involves the initial transaction. Although we already covered most of the presentation’s tactical verbiage, there are lies that appeal to people – even after they say “No” numerous times. Whether buyers fall for any of the entry-level deception or not, one single lie can lead them down a confusing path of bad decisions.
Over the years, we’ve talked to thousands of vacation owners about their timeshare experience and the regret of the purchase as a whole. Whether it takes them days, months, years or decades to denounce the product, each tells a unique story.
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.
The Coronavirus has created quite the stir in the travel industry since March. While millions of travelers have been inconvenienced, none should be more disturbed than the timeshare owner. Some have been paying thousands of dollars to their respective resorts for decades now – only to be left without answers and a financial option for relief.