In today’s recession, many families are attempting to cut excessive costs at any corner, and what that usually translates to is timeshare buyers looking for any and every timeshare exit strategy. But if everyone has the same aim o f finding a timeshare exit strategy, then what options are there? If you are a timeshare owner, there are several options for trying to get out of a timeshare. You could either: sell your timeshare, rent your timeshare, donate your timeshare or you could transfer your timeshare title.
The first option for trying to get a timeshare exit strategy is selling a timeshare. Basically, since the 70s when timeshares really came onto the scene, they have been steadily increasing in purchase rates. Then, just recently in 2007, with the beginning of the recession, the timeshare industry started seeing a decline in sales, but it was a rather steep one. In 2009, the timeshare market went down 40% and that was after the market dropped 10% in 2008. Basically, around 6 million Americans alone are timeshare owner, nobody is buying timeshare any longer and everyone is looking for a timeshare exit strategy via several different internet related avenues such as timeshare forums or internet auctions, people are attempting to sell their timeshares for little to no money but are still meeting with zero results.
Unfortunately, these people who attempt to sell their own timeshare but fail think it’s just them and if they go through a company that “specializes” in selling timeshares then they should be a viable timeshare exit strategy. Unfortunately this area of the timeshare industry is a large part of the reason why it has such a soiled image. Timeshare resellers are some of the biggest scam artists in business today, telling owners that they have buyers lined up for them, offering to make them a huge profit as long as they pay the timeshare resale company an upfront fee. Most people are usually too excited at the prospect of actually being rid of their timeshare maintenance fees and therefore go for the deal, only to regret it later.
So, after the realization that there is currently no value, let alone profit, in timeshares at the present moment, most owners begin to consider any alternative possibility to getting a timeshare exit strategy, and removing all the related costs. This is usually the only time that timeshare owners consider donating their timeshare, hoping that they can be rid of their time share and also help out a good cause. There is only one problem with this idea; charities don’t even want your time share for free. They are very well aware of all the random assessment fees and property taxes and simply do not have the money to spend on them. Yes, some charities accept time shares; however, that only occurs when they have already tested the market for a 30 day period to see if they can find a buyer for the property at a profit to the charity. Typically speaking, if the individual time share owner with actual knowledge of the time share industry cannot sell the time share, then chances are people working for the charity cannot either, leaving them back at square one, with no timeshare exit strategy.
Now that all the alternatives have been exhausted, this is the time that most people consider paying a small fee to find a timeshare exit strategy. This is when individual time share owners turn to time share transfer companies. Time share transfer companies, simply stated, take the title out of your name and transfer it to a third party interested in the time share for a charge, but the success rate with transfer companies is astronomically higher than a resale company for example. As people go through the other options and arrive at the transferring time share option, they are realizing more and more that this is the current best decision and option as a timeshare exit strategy.
One of the best time share transfer companies in the market today is Timeshare Relief, Inc. This company has successfully helped over 52,000 Time share owners find a timeshare exit strategy. With testimonials from any former customer, not to mention a large amount of former customers joining the Timeshare Relief team, our company is one of the industry leaders in good standing with the BBB and going to stick around helping more time share owners find a timeshare exit strategy for years to come.