As of 2017, 9.2M Americans own some type of timeshare, but as vacation or lifestyle preferences shift, 85% of timeshare buyers regret their purchase. Unfortunately, many of those people find it incredibly difficult (or seemingly impossible) to do so.
That’s exactly why companies like Timeshare Exit Team exist – to support consumer financial health and assist people in exiting their timeshare contracts when they have no other option. That said, there’s not always a one-size-fits-all approach to exiting your timeshare. We wanted to share some of the different exit options
that consumers should consider if they’re looking to get out of their timeshare contract:
- First, you can try selling your timeshare via a no-up-front-fee listing company – but this comes with some inherent risk, like still being attached to maintenance fees or in breach of contract with the resort.
- If selling doesn’t seem like the best approach for you, we at Timeshare Exit Team recommend calling your resort to see if there is a legal, low-cost way out of your contract.
- If that doesn’t work, a good attorney can help but they may not guarantee their service – not all attorneys specialize in timeshare exits and the high hourly rates can add up quickly.
- In that case, it may make sense to consider using a timeshare exit company. When selecting an exit company, you should be wary of anyone who puts you under high pressure sales tactics, asks for a credit card before your contract is signed, or promises a timeframe that sounds too good to be true.
Timeshare Exit Team is a smart choice for consumers looking for a company to help them legitimately and legally exit their timeshare contract. Understanding your individual situation gives us a customer-first approach: we offer free, no-pressure consultations where you can learn more about your ownership and exit options. We also offer a 100% money-back guarantee. We will get you out of your timeshare or you get a complete refund of your fee.
Regardless of what option you go with, always be an informed consumer—do your research and have a firm understanding of what your individual timeshare agreement or timeshare exit contract stipulates before you sign anything.
Brandon Reed, CEO, Timeshare Exit Team
1. American Resort Development Association (2017) Retrieved from http://www.arda.org/arda/news-information/default.aspx?id=5918
2. Research by Dr. Amy Gregory, for the University of Central Florida, presented in a session at ARDA World 2017.