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A unique frustration of owning a timeshare is the difficulty that comes with selling one when you want to be done with it. Sure, you can list it for sale in any of a number of different places, but is anyone going to buy it? Probably not. There aren’t very many interested buyers out there, for the same reason that you want to sell in the first – timeshares come with a lot of drawbacks.
If you have been looking for help getting rid of your timeshare, you might have come across the service called We Buy and Sell Timeshares. On this page, we’ll dive into what that service offers and whether or not it might be a good fit for your needs.
Spending Some Time on Their Website
As we attempt to get to know We Buy and Sell Timeshares a little bit better, the first thing we are going to do is visit their website to see what they say about themselves. This will help us understand what it is that they offer and how they intend to go about the process of getting you out of the timeshare life once and for all.
To be honest, the first impression I get when visiting the site is that it looks rather out of date. The design looks like it would have fit better on the web 20 years ago than it does today. Of course, the business claims to have been operating since 1999, so I suppose that makes sense. It doesn’t seem like the site design has been updated in that time, but that doesn’t necessarily mean the service can’t be useful.
Whether or not the service is worth your time is yet to be seen, but it is clear that this is a different approach than many other exit companies. Rather than trying to get you out of your contract, this service is making offers to buy timeshares from unhappy owners. Whether or not you would receive an actual offer, and what that offer would be, I can’t say for sure.
There is little else to go on when looking at this single-page website, so your option would simply be to fill out the form or call the number if you want to learn more.
Searching the Web for Feedback
I always approach online feedback carefully when looking up reviews for anything. After all, I think we’ve all been to a restaurant that we loved only to see later that it didn’t actually have very good reviews. Or, on the other side of the coin, we’ve gone to restaurants that had excellent reviews and wound up rather disappointed in the food or service.
With that said, it’s still worthwhile to try to get an idea of how a timeshare exit company might perform by looking at its reviews. On the websites for We Buy and Sell Timeshares, there is a link to their BBB profile. When you follow that link, you’ll find that just one review has been left, and it was not a good one.
That’s certainly not a ringing endorsement for the business, but it doesn’t necessarily mean that this exit company should be ignored completely. It’s only one review, and who knows what the circumstances were surrounding the situation. However, I will say that it is concerning that there are no positive reviews to counteract the criticism. If this business was regularly serving customers who were happy with the service, you would think that at least one or two of them would have stopped by the BBB to leave a compliment.
This is How Timeshare Exits Usually Work
You have probably never left a timeshare before. Most likely, the one you own now is the only one you’ve ever owned, and you have never had to figure out how to leave. Once the realization hit that owning a timeshare was no longer for you, it became a matter of learning how an exit works and what is standing in your way.
First, you might have thought that you could just list the timeshare for sale and wait for buyers to come along. That’s how the housing market works, and isn’t this just another type of investment? Not really – timeshares aren’t an investment as they almost never increase in value over time. You are welcome to list your timeshare for sale, and you probably should just to see what might happen, but it’s hard to sell one and you probably won’t get any offers.
Talking directly to your timeshare developer about your desire to leave is another step you should take in this process. In fact, you might want to do this first, as it could offer you an easy way out. Believe it or not, timeshares will sometimes simply take back the deed that you own so they can sell it to someone else. If they take it back, you won’t have to worry about paying ongoing fees or anything else on the account, and you can move on. I have seen plenty of people have success with this tactic, but it’s one of those things that you won’t know about unless you ask.
It’s once these methods have failed that you may start to turn toward a timeshare exit company. After all, an exit company is going to cost you money, so you might as well try out the free methods first. If you don’t get anywhere while talking to the timeshare developer, and you can’t seem to find a buyer on the open market who is interested, then the idea of hiring someone to help you move on is going to be more appealing. There will come a point when the maintenance fees just keep adding up and your only goal is to get out of the timeshare regardless of what it takes.
I’m Begging You Not to Break This One Rule
Please do me a favor, whether you decide to work with We Buy and Sell Timeshares or anyone else in this space. Don’t have over your hard-earned money without a solid reason to think that the money is protected during the exit process. Sadly, some exit companies have popped up that have little intention of delivering results and are really only trying to get even more money out of frustrated timeshare owners.
One thing I always say to timeshare owners looking to exit is that they should put a premium on escrow services as a great way to keep their money safe. The best timeshare exit companies offer the use of escrow because they actually believe in their performance and will get the job done time after time. The way it works is simple – you put your money into an escrow account where it is held while the exit company works on the project. Then, once you are free from your contract, you approve the release of the money and everyone is happy in the end.
Frequently Asked Questions
Still trying to learn as much as you can about exiting timeshares and how the process works? That’s a great idea, and hopefully, these FAQs will add to your knowledge.
Q: Is it legal to use a timeshare exit service?
A: Absolutely – you are well within your rights to get help while trying to leave a timeshare. Of course, it’s still important to make sure that the actions taken by the timeshare exit company on your behalf are above board, but they will be if you work with a respected, known option in this space.
Q: I’ve heard that there are scams in the timeshare exit industry. Is that true?
A: Unfortunately, like basically every other industry, the timeshare exit space does have its share of problems. This is why doing research before working with any exit company is so important. Know who you are dealing with before you go any further.
Q: What should I look for in an exit company?
A: Start by trying to find a company that has plenty of experience and has at least some reviews on the web that speak to their ability to get the job done. Also, look for companies that are transparent about their practices and are willing to do the work while your money is held in an escrow account.
Getting Out of Your Timeshare is Closer Than You Think
It can feel like it’s impossible to get out of your timeshare, and trust me, I understand that frustration. But it’s not actually impossible, and with a little bit of effort, you should be able to escape sooner rather than later. To take a first step today, give us a call at 833-416-8796, and let’s chat about what kind of help you need. There are reliable partners out there to lean on, but you need to pick the right one for the job. Now is the time to act!
