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Disclosure: We receive compensation if you choose to speak to one our recommended timeshare exit companies. The following information is for educational purposes and is not to be considered professional or legal advice.

Best Timeshare Exit Companies of Feb. 2024

Getting rid of a timeshare can be a nightmare. Finding a timeshare exit company to work with may finally bring you relief, but not all of these companies can deliver on their promises. Let’s find you the right partner so you can break free from the timeshare prison and move on with your life.

Quick Tip: Before getting started with our list of exit companies, we need to make the following very clear –

Only work with timeshare exit companies that have a proven track record of success. Timeshare exit is a specialized service that requires expert industry knowledge and connections to be successful.

The top 5 timeshare exit companies that we recommend have all been in business for several years and have all proven that they’re fully capable of getting timeshare owners out of their timeshares safely and legally.

Our favorite timeshare exit companies offer an escrow payment option that allows timeshare owners to hold their payment for the exit service in a safe 3rd party escrow holding account throughout the exit process. Owners that use an escrow payment option can pay for the timeshare exit service in full after their timeshare has been successfully cancelled. Learn more about escrow and why it’s important here.

Either way, doing plenty of research and exploring all options will help you avoid scams and get the results you deserve.

5 BEST TIMESHARE EXIT COMPANIES

It’s a fairly easy choice for us to place Centerstone Group at the top of our list of the best timeshare exit companies.

As an important starting point, this company offers an escrow payment system. Your money will be placed into an escrow account at the start of the agreement, and that money won’t be released to them in full until the project is completed.

In addition to the use of escrow for your protection, there is also the variety of strategies used by this company that plays to its advantage. With many different options in their toolkit, they are able to guide countless customers to a successful exit.

Finally, you can’t go wrong with experience – thanks to more than 30 years in the business, trust is easy to come by when you partner with Centerstone Group.

Pros

    ✔ Escrow Payment Option
    ✔ Outstanding customer service experience
    ✔ A+ BBB rating and no complaints registered
    ✔ Three options to resolve your timeshare ownership problem
    ✔ More than 30 years in the business
    ✔ Spanish-speaking agents available
    ✔ Open on Weekends
    ✔Highest Dunn & Bradstreet Rating in the Industry Rating

Cons
    ✖ Unable to take on customers with low maintenance fee timeshares


BBB Rating: A+

Escrow or Money-Back Guarantee? Escrow

Location: Las Vegas, NV

Avg. Time to Cancel a Timeshare: Roughly One Year

Cost: Final cost will depend on factors like which program you qualify for and where you live. They have plans that require no money down and also offer 0% interest payment plans.

Customer Reviews: Centerstone Review 1

Centerstone Review 2

In the timeshare exit business, size counts – and Wesley Financial Group is a major player in the industry. The sheer size of the company and its strong financial position allows it to stand up to industry titans like Wyndham and come out on the other side.

Although there is no escrow option with Wesley Financial Group, you will be protected by a money-back guarantee. Such a guarantee doesn’t mean as much coming from a small, unknown company, but it puts you on solid footing thanks to the overall strength of Wesley.

Lawyers are not employed by Wesley to get results. Instead, they have a unique, in-house method that is used and has proven to be effective for many past clients.

Pros

    ✔ 100% Money-Back Guarantee
    ✔ High Dunn & Bradstreet Rating
    ✔ Excellent Customer Service
    ✔ More than 300 employees
    ✔ A+ BBB Rating
    ✔ Operating since 2012

Cons
    ✖ No escrow payment option available
    ✖ Will not accept clients who have inherited a timeshare
    ✖ No Spanish-speaking agents on staff

BBB Rating: A+

Escrow or Money-Back Guarantee? Money-Back Guarantee

Location: Franklin, TN and Las Vegas, NV

Avg. Time to Cancel a Timeshare: Roughly One Year

Cost: The cost of services will vary, and free consultations are available.

Customer Reviews

Wesley Financial Group Review 2

Wesley Financial Group Review 2


Another exit company worthy of your attention is Seaside Consultant Group.

Featuring an escrow payment option that gives clients peace of mind and protection, Seaside opened its doors back in 2014. Unlike some of the other companies we’re recommending, the approach used by Seaside is largely centered on using lawyers to seek a resolution to your timeshare ownership problem.

Also, if you happen to be behind on your timeshare payments, Seaside is happy to work with you to untangle the mess and find a way forward.



Pros

    ✔ Escrow payment option offered
    ✔ Top-notch customer service
    ✔ BBB A+ rating
    ✔ Works With Attorneys
    ✔ Open since 2014
    ✔ Spanish-speaking agents available
    ✔ Works with owners in collections or foreclosure
    ✔ Works with owners behind on maintenance fees

Cons
    ✖ Won’t work with inhered timeshares
    ✖ Won’t work with timeshares that have been purchased as a resale
    ✖ Not available for low maintenance fee timeshares
    ✖ Only available for limited hours on weekends


BBB Rating: A+

Escrow or Money-Back Guarantee? Escrow

Location: San Diego, CA

Avg. Time to Cancel a Timeshare: Roughly One Year

Cost: Free consultation to get started, cost will vary by case.

Customer Reviews

Seaside Consultant Review 1

Seaside Consultant Review 2

As one of the smallest timeshare exit companies we recommend, Resolution Timeshare Cancellation can offer a level of responsiveness not always available from the bigger players.

If you are looking for low prices, take a look here before you make your final decision. They have a flat-rate pricing structure, don’t have commissioned agents, and have a reputation for honest dealings with their customers.

Pros

    ✔ Escrow Payment Option
    ✔ BBB A rating
    ✔ No BBB complaints registered
    ✔ Uses attorneys to fight for clients
    ✔ Accepts low maintenance fee timeshares, unlike some other companies
    ✔ Low overhead process can mean lower costs
    ✔ Spanish-speaking agents available

Cons
    ✖ No availability on weekends
    ✖ Doesn’t work with Massanutten timeshare

BBB Rating: A+

Escrow or Money-Back Guarantee? Escrow

Location: Madison NJ

Avg. Time to Cancel a Timeshare: Roughly one year, or a little longer – perhaps faster if your timeshare is already paid off.

Cost: Flat rate available for services offered.

Customer Reviews

Resolution Timeshare Review

5.


Timeshare Specialists

The last option on our list, Timeshare Specialists does things a bit differently from the rest. Leaning on industry relationships, this team aims to find someone to accept your timeshare, rather than turning to lawyers to fight it out with the developer.

There is no risk to your credit this way, which may put your mind at ease. If you would prefer to just give away your timeshare to someone who wants it rather than trying to exit, working with Timeshare Specialists could make that happen.

Pros

    ✔ No Upfront Fees
    ✔ No impact on your credit
    ✔ BBB A+ rating
    ✔ No BBB complaints
    ✔ Quality customer service experience
    ✔ Accepts low maintenance fee timeshares
    ✔ Will work with inherited timeshares
    ✔ Works with timeshares purchased on resale market

Cons
    ✖ Thousands of timeshare brands not eligible
    ✖ Won’t work with timeshares that have outstanding loan
    ✖ Not available for timeshares in collections or foreclosure
    ✖ No Spanish-speaking agents offered
    ✖ Not available on weekends

BBB Rating: A+

Escrow or Money-Back Guarantee? No upfront fees – only are charged for services once the timeshare release is secured. .

Location: Bozeman, MT

Avg. Time to Cancel a Timeshare: Roughly two to three months.

Cost: Flat rate for services offered.

Customer Reviews

Timeshare Specialist Review

How To Choose a Timeshare Exit Company

Let’s start with the good news – if you are looking for a timeshare exit company, the options are many. As of March 2023, there are more than 30 such companies available.

Now, the bad news – many of them are worthless. Don’t make the mistaken assumption that all timeshare exit companies are the same, or that you can just pick one randomly and expect great results. It’s not that easy. You’ll need to sort through the options to find a trustworthy partner, and our listings on this page can help you do just that.

When in search of a quality timeshare exit company, keep the following attributes in mind –

  • Uses an escrow payment option as part of their process
  • No ongoing pattern of complaints with the BBB, and maintains an A rating
  • Employees on staff with more than six years of experience in this space
  • Written contracts are used for all services

If you’d like to go through a free consultation process to help you find the right timeshare exit company for your situation, we’d love to help. Just get in touch at 833-416-8796 or use the contact options on this site to get started right away.

Timeshare Exit Cost

The unfortunate reality is that it can be costly to get out of a timeshare. It will still be worth it in most cases, but be prepared to face some significant costs on your way out the door.

As you might imagine, we can’t give you a single price for how much this process will cost. In some cases, you can wrap it up for just a few thousand dollars. For others, it will take over $10,000 to get the job done.

When you reach out to a new timeshare exit company, they will want to do a consultation with you to gain an understanding of the details of your situation. Those details will determine how much they intend on charging you for the service.

View Your Timeshare Exit Cost Now!

By providing my contact information I am giving TimeshareExitCompanies.com and its partners permission to contact me about this and future offers using the information provided including calls and text messages to my wireless telephone numbers. I also consent to use of emails and the use of an automated dialing device and prerecorded messages. I understand that my permission described herein overrides my listing on any state or federal do not call list and any prior listing on the do not call lists of our partners and is optional. I acknowledge that this consent may only be revoked by email notification to info@timeshareexitcompanies.com.

Other Timeshare Exit Companies

Timeshare Exit Company

BBB Rating

Escrow or Money-Back

1

A+

100% Money-Back

2

A+

Escrow

3

A+

100% Money-Back

4

NR

Escrow

5

A+

Unknown

6

A+

Escrow

7

F

100% Money-Back

8

F

Unknown

9

A-

100% success rate

10

NR

100% success rate

11

A+

100% success rate

12

A+

100% Money-Back

13

A+

100% success rate

14

A+

100% Money-Back

16

A+

Unknown

18

NR

100% Money-Back

19

Unknown

22

F

100% Money-Back

23

A

Unknown

24

SCAM

SCAM

25

A+

Unknown

26

A

Unknown

27

A+

Escrow

28

A

Unknown

Frequently Asked Question

 

There is a lot to know in the timeshare exit process, and reliable answers can be hard to find. If you still have questions about getting out of a timeshare, you may find the FAQs below helpful.

Q: What should I do if I’ve been scammed by a timeshare exit company?

Unfortunately, this is a situation that is all too common. People who are in a tough situation with their timeshare and are looking for help wind up finding themselves in even greater difficulty because a company that claims to be able to help them doesn’t deliver on those promises.

You might not have many good options in this situation, but you can start by filing a complaint with the Better Business Bureau and the attorney general in the state where the company is doing business. There are some timeshare exit companies known to be scams, including those below –

Q: What happens if I simply stop paying maintenance fees on my timeshare?

Some owners who are tired of not being able to get rid of their timeshare decide to simply quit making the payments. While this will save you money in the short term, the damage it will do to your credit score may not be worth it in the end.

It’s likely that your credit score will plummet once the timeshare developer forecloses on your ownership. That is going to make it difficult to get loans and credit cards, and you might wind up paying higher interest rates on money you are able to borrow. As frustrating as it is to be stuck in a timeshare, destroying your credit in an attempt to get out is likely a net loss.

Q: How to get out of a timeshare without ruining my credit?

As mentioned above, not making your maintenance fee payments is a sure way to significantly damage your credit. This is exactly why timeshare exit companies exist in the first place.

Rather than not making payments and winding up in foreclosure, a timeshare exit company may be able to help you legally get out of the contract and end your ownership responsibilities.

A good exit company can use various strategies like finding someone willing to take the timeshare, publicly complaining about the developer to create pressure, or using an attorney to take (or at least threaten) legal action.

Of course, selling your timeshare is also a way to get out of it without harm to your credit, but that can be difficult to accomplish in many cases.

Q: How to get out of a timeshare yourself?

 

If you’d like to get out of a timeshare on your own without the help of an exit company, you may consider the following methods –

  • If you only purchased the timeshare within the last week or two and suddenly realized you made a mistake, you might still be within the window to rescind your purchase for a full refund.
  • Try asking the developer directly if they will take it back – this doesn’t happen often, but it is a possibility.
  • Ask around to see if anyone you know would like to take over ownership for free.
  • Post the timeshare for sale on various marketplaces for $1 and see if you get any takers.

Timeshare Exit Scams

It would be great if you could trust all of the companies in the timeshare exit space, but that’s not the reality of the market. There are some scams in this industry, which is why it’s important for consumers to be diligent.

The following tips will help you avoid getting scammed –

  • Use an escrow payment system to protect your money while the timeshare exit company works on your case. If you pay upfront for results that the company promises to deliver later, you won’t have many options for recourse if they fail to come through.
  • Look around the internet for mentions of the exit company and make sure they have a respected online presence.
  • Skip companies that aren’t represented on the BBB, or that have poor BBB reviews and a low rating
  • Make sure to get everything in writing, with no excuses
  • Take your time and shop around to find the best solution for your needs

What is Timeshare Exiting?

Exiting a timeshare means getting out of your contract and leaving maintenance fees behind. Often, timeshare owners turn to the goal of exiting a timeshare after trying to sell it for a period of time without any success.

If you want to get rid of your timeshare and no one wants to buy it and the developer won’t take it back, an exit is likely to be your only other option. This will usually require you to pay a professional team to work on the project and get you out of the contract, but that investment may be worth it if it saves you years of maintenance fees down the line.

Why Timeshares Lose Value

Typically, when you think about buying real estate, you think about acquiring an asset that is likely to gain value over time. That outcome is not assured, of course, but it is often the case.

The story is different with timeshares. With very few exceptions, timeshares are not going to accrue value over time. As soon as you close the purchase, what you own is likely to be worth far less than what you just paid. This is why people have such a hard time selling timeshares they no longer want.

When you purchase a traditional piece of real estate like a home, the majority of what you spend is based on the market value of the property (plus a small percentage in fees to various professionals who help with the deal). In timeshare sales, the math is basically reversed. Most of what you are spending on the timeshare goes toward the cost of other things – such as commissions for the salesperson and any “gifts” you were offered as part of the sales pitch.

Common Lies Told by Timeshare Salespeople

It’s an unfortunate reality that many timeshare salespeople will say just about anything to close a deal. You’d like to think that they would be honest with people who are considering making a significant financial investment, but that’s just not how it works in many cases.

We could fill an entire book with the lies that have been told with the goal of selling a timeshare, but we’ve narrowed down that list to five of the most common.

#1 – You can rent it out for a profit
One of the go-to claims made by timeshare salespeople is that you’ll be able to rent out the timeshare when you aren’t using it, allowing you to recover some of the money you have spent – or even turn a profit.

In some cases, the resort in question won’t allow rentals, meaning this is a flat-out lie. Even in cases where this isn’t necessarily a “lie”, in that it might be possible to rent out a timeshare, doing so successfully is much harder than they make it sound.

Finding renters can be a challenge, and you might be liable for any damage that they do to the unit while on the property. Also, there are sure to be fees involved with using services to find renters, so your cut of the rental price may be far less than what you expected initially.

#2 – You can sell it later when you are done using it
The simple existence of companies that specialize in timeshare exits tells you all you need to know about the value of timeshares after you make a purchase. If it was easy to sell a timeshare, exit companies wouldn’t exist.

And, even when a timeshare is sold, the selling price is commonly just a single dollar – enough to formally transfer ownership and free the previous owner from the ongoing maintenance fees. When timeshare salespeople present the possibility of selling it down the line when you no longer want it, they don’t explain how selling will be a struggle and how you’ll almost certainly make no money in the process.

#3 – If you buy this timeshare, we’ll buy your old one from you
Although not as common as the other points included in this list, the false offer of buying a previous timeshare from you is particularly nasty. If you already own a timeshare and are being pressured to buy another one, the salesperson might say – without any authority to do so – that the company selling the new one will buy the old one from you.

This is where it is important to remember that these salespeople will say anything to close a deal. Anything. It sounds like a great opportunity only until the purchase of the old timeshare doesn’t happen and you are left stuck with two when you would probably prefer to own none.

#4 – A timeshare is a great investment
The investment aspect of buying a timeshare is often pushed during the sales presentation, and it simply isn’t true. Timeshares are not a good investment, period.

This approach is taken by the salespeople because they are looking in any direction they can find to add value to their proposition. Selling the timeshare on its merits alone is a losing battle because it’s not a good deal. If they simply lay it out in front of you, the merits of what is offered just aren’t impressive enough to motivate anyone to buy.

However, if it’s framed as both a recreational opportunity and an investment, suddenly some people will pay more attention. It’s only when you dig a little deeper and find that the investment side of the equation falls flat will you realize that the best thing to do is just walk away.

#5 – You can use it anytime you want
One of the great frustrations for timeshare owners – other than not being able to get rid of the timeshare – is not being able to use their timeshare during the appealing parts of the year. For example, a timeshare located on the beach is sure to be booked solid during the warm summer months, and you’ll have to plan a year in advance to get a spot (and you might not even then).

Salespeople make it sound easy to make reservations for convenient, attractive times on the calendar when they are trying to get you to sign on the dotted line. At this point, you have no way to know they are lying, because you haven’t been an owner and haven’t gone through the frustrating booking process. Once you are “in the club”, you’ll see just how low inventory it is and how hard it is to get the times you want.

Timeshare Exit vs Timeshare Resale – What’s the difference?

Typically, owners would prefer to resell their timeshare rather than pursue an exit. The problem is that no one wants to buy what they are selling. Countless timeshares are available for practically free and no one is taking them.

Even working with a professional broker is unlikely to pay dividends. Unless you own a very valuable timeshare in a high-end location, brokers aren’t going to give you the time of day. They are required by law in most places to work on commission (as opposed to charging an upfront fee), so they only want to deal with timeshares in the luxury segment of the market.

With the resale market looking so bleak, a timeshare exit becomes the only viable strategy. The goal here is not to make any money on the sale of the timeshare, but rather to simply get out of the contract so you are no longer obligated to make the ongoing payments for maintenance fees.

This kind of exit can be a tough pill to swallow for some, but it’s preferred to holding onto the timeshare and spending money on fees month after month without getting anything in return. Consider working with one of the timeshare exit companies featured on this page to hopefully put an end to your ownership once and for all.

Give us a call at 833-416-8796 or contact us using the form or live chat for your free timeshare exit consultation.

FREE TIMESHARE EXIT CONSULTATION

By providing my contact information I am giving TimeshareExitCompanies.com and its partners permission to contact me about this and future offers using the information provided including calls and text messages to my wireless telephone numbers. I also consent to use of emails and the use of an automated dialing device and prerecorded messages. I understand that my permission described herein overrides my listing on any state or federal do not call list and any prior listing on the do not call lists of our partners and is optional. I acknowledge that this consent may only be revoked by email notification to info@timeshareexitcompanies.com.

OUR GOAL

Our goal is to help timeshare owners find a reputable timeshare exit company to work with. We like to recommend timeshare exit companies that offer a low up front fee escrow payment option, so you are protected from scams. Contact us to receive a free timeshare exit consultation.

TIP

Always contact your resort or timeshare developer first before contacting a timeshare exit company. Some have exit programs of their own that can assist you with a timeshare cancellation

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