Tuesday, October 30, 2018

Thoughts on Timeshare ‘Exit Companies’

This week the St Louis BBB, who has done some great work warning consumers of a myriad of timeshare related companies, came out with yet another strong warning against two so-called timeshare exit companies. You can read their full report here:  https://www.bbb.org/article/news-releases/18745-bbb-cautions-consumers-about-springfield-missouri-timeshare-exit-companies-vacation-consulting-services-the-transfer-group

I applaud such findings as the proliferation of companies designed to con unsuspecting timeshare owners out of their money continues at an alarming rate. 

The timeshare industry has also entered into a flurry of activity designed to shut down some of the worst offenders in the exit/transfer space. 

All well and good. But this is a problem that was created by the industry itself through the use of antiquated marketing practices, false claims of ‘today only’ prices, lengthy and complicated contracts in perpetuity that favor the developer that the consumer is given no time to read and most telling; few if any viable options for the consumer that wishes to exit their timeshare. 


It would be great if the everyone spent as much time looking into fraudulent practices getting people INTO the product as they do with those claiming to get them OUT of the product. 

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