Get Out Of That Timeshare Unit

It was in the 1960s that a unique vacation concept emerged in an hotelier located at the French Alps. The slogan ‘why rent a room, buy the hotel’ clearly made fingers snapped because the people’s dream that time was to own their own vacation house. When traveling was considered a need, there wasn’t much argument against owning that timeshare unit. But the tables have turned and the huge timeshare industry started to fall off the grounds.

Big time developers such as Wyndham, Marriott, and Hyatt, have utilized their cost saving strategies in order to retain the industry. Some have closed down opportunities to their workers. Since there are lesser or no workers at all, sales offices were forced to close. Timeshare developments were on hold. It also came to a point to convert timeshare units into other types.

Despite of all these measures taken by the said companies, the sales have still increased by 10% early this year. Yet it still did not compensate the loss that the industry has experienced in a short span of time.

The fall of the industry was also due to the increasing scammers surrounding the community. Potential buyers have backed out due to the hard selling tactics used by timeshare companies during sales presentations. Resale companies have required upfront fees which in the first place should not occur prior to closing a deal. As a result, the dissatisfaction rate towards timeshares became high and the drop of sales followed.

The maintenance fees have increased and owners found it hard to sustain such expenses. While it was more tolerable then, it wasn’t so right now due to the fact that service and commodity rates have increased. The sad part here is that owners could not easily escape from it since their reselling option takes time.

There is another way of lessening the burden. A title transfer system was conceptualized in order for timeshare owners too fully make an exit from the world of timeshares. It is a must that you have paid the unit in full. The previous maintenance fees should be cleared and should therefore be current.

Don’t wait for the next maintenance fee payment. Surrender your timeshares and get the timeshare relief you’ve always wanted.