A timeshare exit can be a great way to relieve some of the burden of owning a timeshare. However, there are some risks involved with this process. The biggest one is that it can have negative effects on your credit score, making it difficult for you to get a new mortgage or loan in the future. Fortunately, there are a few ways you can minimize the risk of this happening to you.
1. Choose a Timeshare Exit Company that Offers Escrow Payment Options
In order to make sure that all parties in the transaction are in compliance with the law, it is best to work with a timeshare exit company that offers escrow payment options. By using escrow, both parties can rest assured that the money is secure and will not be stolen by the other party during the process.
2. Use Blogs to Earn Organic Search Traffic
If you want your timeshare exit company to stand out online, it is vital to create a blog that outlines the steps you take and the answers to any questions your clients may have along the way. A blog can also help you gain traction on Google, where timeshare owners are looking for answers to their timeshare cancellation questions.
3. Provide Consumer Financing
Offering consumer financing is a smart and effective way to increase your company’s online presence. It helps your clients afford the life-changing services you provide and allows you to stand out among other timeshare exit companies.
4. Provide a Money-Back Guarantee
A money-back guarantee is a great way to build confidence in your services. Many exit companies will promise to refund all or a portion of the up-front fee if you don’t get the results you want. While this sounds good, it can be tricky to receive a refund if the company fails to deliver on their promises.
5. Read the Fine Print
A successful “exit” from a timeshare often means foreclosing on the owner’s ownership, which can result in negative consequences on your credit report. This can be costly and will tarnish your reputation, so it’s important to read the fine print before spending thousands of dollars with a timeshare exit company.
6. The Legal Side
Choosing a timeshare exit company with a legal team is an essential part of the process. You need to ensure that they have experience with the complex laws that govern timeshare cancellations. You should also consider whether they can handle your case if you encounter any problems along the way.
7. Find a Reliable Partner
You need to find a timeshare exit company with a long history of success and a good reputation. It’s a good idea to check the Better Business Bureau to find out if they have a proven track record.
8. Find a Reliable Escrow Company
When searching for an exit company, it is important to find one that offers escrow payment options. This ensures that the money is secure and will not be taken by the seller during the process.
