At Resort Advisory Group, our team has the advantage of experience when it comes to timeshare purchases. We spoke with thousands of people working in the timeshare industry, in one format or another. People who sold timeshares, people that developed properties and marketed them as timeshares, and people that invested tens of thousands of dollars to purchase timeshares spoke with us. By listening and learning from lobbyists that represent the timeshare industry, we positioned our team to help those that want to cancel timeshare contracts.
Our experience provides the insight necessary for owners that want to cancel their timeshare contracts.
A timeshare represents a major purchase. According to the American Resort Development Association (ARDA), the Washington DC based trade association representing the vacation ownership and resort development industries, 9.1 million people in the United States own more than 5,300 timeshares around the world. Yet approximately 1 out of every 5 people that purchased a timeshare are not satisfied. Many of those people believe that they were manipulated into purchasing a timeshare contract.
Timeshare is big business and it’s getting bigger. ARDA publishes statistics indicating that timeshares have a massive influence on the economy, with owners spending an estimated $10 billion plus through the timeshare companies. If we take ARDA’s own numbers showing a nearly 20% rate of unsatisfied customers, the statistics show that timeshare bears a responsibility for wasting nearly $2 billion each year on unwanted timeshare expenses.
Those expenses come in many forms. People waste money paying for maintenance charges on properties that they cannot access. No one wants to waste money paying for marketing expenses that manipulated them into purchasing. It’s tragic to waste money paying for deceptive advertising plans. And it’s a shame to waste money paying extortionate interest rates that finance timeshare mortgages.
It’s not easy to cancel a timeshare contract, as ARDA and the developers represented by the lobbying group want more Americans to spend more money on timeshare. Fortunately, consumer protection laws exist. At Resort Advisory Group, we assist those 1 out of 5 timeshare owners who believe that the timeshare industry mistreated them.
If you would like a free consultation, please call Resort Advisory Group at 1-800-334-9176. Our team stands ready to assist efforts you’re making to cancel your timeshare contract.