• September
    20
    2019
  • 3 min read

Why Timeshares Will Be Feeling The Heat In 2020

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2020 is going to be a very interesting year for timeshares and probably not in a good way. The demand for companies who assist people in getting out of timeshare agreements has never been higher because clients are not happy with the situation they have found themselves in. The sales tactics were too aggressive, the costs keep going up, promises were not kept and it’s harder than ever to hfind somebody to rent out your time so that you can enjoy your vacation somewhere else. One of the reasons it’s so difficult to find people to rent your time with the property is because they have more options than ever between hotels and air bnb’s.  

If you were planning a vacation to Orlando, Florida with your family would you rather get a hotel room or rent a unit from someone you do not know and who does not have to promise any kind of quality for the property? Tenants are becoming increasingly angry at the greed of these timeshare companies as they are not able to fulfill their side of the agreement yet continued to charge more money for the same services they have been doing for years. The longer this continues, the more frustrated these tenants will become and try to find ways to get out of their agreement.

2018 saw a record number of people who requested information on how to legally get out of their timeshare agreements. That number will easily be eclipsed in 2019. 2020 also promises to become a record-breaking year as people who are traveling are utilizing tools on their phone to find the best possible deals and like the opportunity to not have to commit years and years of income to vacation in the same destination. If you own a timeshare it is time for you to look for ways to get out of it because the costs are just going to continue to increase and it will become more challenging for you to rent out the time to someone else.

How difficult is it to get out of this type of an agreement? Unfortunately, it’s not something you can do on your own. You need an experienced team who not only understands the process but knows how to go after these resorts and get you out of your agreement. Would you qualify or be able to get out of your contract? That can only be answered once you take the time to contact us for a free consultation.

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