subject: Guidelines On Timeshare Transfer Businesses [print this page] Thanks to its popularity during the precession years, the timeshare industry has garnered a negative publicity by attracting scams seeking to cash in on the trend. With the increasing competition and onset of the depression, its image wasnt helped as companies and their sales reps resorted to unethical practices to meet quotas. Many victims of such practices have sought to escape their contracts.
One of the reasons given by dissatisfied owners is the inability of resort developers to fully deliver their promises. Cutting corners on upkeep, poor amenities, unprofessional services and misleading brochure information are only some of the reasons why numerous timeshare owners regret signing that contract.
For others still, inflexible weeks and rising annual fees have become a pain instead of an aid during vacation. Rather than having a good time, the burden of having a timeshare unit instead causes worries, and much planning and checkbook-balancing.
When caught in such a situation, asking timeshare transfer companies for help is the most logical and practical thing to do. Timeshare transfer companies provide quick and hassle-free solutions to timeshare nightmares. They take care of all the paperwork, guaranteeing freedom from future obligations, for a fraction of what real-estate agents cost. However, before making the pay, there are a few substantial points that one needs to clarify with these companies to make sure that ones not falling for another trap.
Upfront Fees: Other companies call them deposits or advance pay. Whatever theyre called, paying these fees does not guarantee a successful transfer. Most companies will tell you that they are used to initiate the process and cover the cost for the primary paper work. However, it still pays to read the fine print stated on the contract. Do your part and find out if the company is legitimate in the first place. Also, make sure that there are clauses that guarantee a successful transfer or at least some percent of your money back in case the transaction does not succeed.
Ask about their process: Asking a company how they go about resolving issues and transferring titles gives one a gauge on the firms competence. It also gives an idea of the steps the company will take to end your timeshare contract. Ultimately, this provides the client with a rough understanding of the procedures involved, the cost and the duration. It is important to note that these companies use professional agents who are experienced with dealing with on-goings like these. These agents actions greatly affect the duration and the total cost of the transaction.
Issues and Testimonials: Having real people speak for the company is the best way to understand their reputation. Ask for names and possibly contact numbers of people theyve serviced before so you can do your own personal digging. Additionally, it is important to research about the companys background on the net. If the company was somehow involved in any scam or was accused of such, youd probably see that on the net. Check for more information and then clarify them with the companys agent.
by: Direct Transfers
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