Elite Rewards Group, founded in 2016, is a company based out of Houston, TX that offers assistance to timeshare owners seeking freedom from their timeshare contracts.
An Analysis of Elite Reward Group’s Website
Elite Rewards Group has a unique approach to helping timeshare owners. Based on the company’s information provided on their website, it can be gathered that they offer timeshare owners a type of points-based travel club membership. The website claims that Elite Rewards Group has over 18 years experience with helping timeshare owners with points conversion, although the business itself was only established in 2016.
On their “About Us” webpage, Elite Rewards Group advises potential customers to “Enroll in an agreement with that gives you access to all RCI affiliated resorts in the United States and around the world.” However, there is no need for an individual to work through another business to gain access to RCI resorts. This can, and should, be done directly through RCI. The fact that Elite Rewards Group claims otherwise is a red flag.
Elite Rewards Group also offers in-person consultations, which is always to be suspicious of. In-person meetings with timeshare exit companies are usually costly, unnecessary measures and used by businesses that want to employ hard, aggressive tactics for selling their services.
Elite Rewards Group Reviews
Elite Rewards Group reviews online are scarce, but mixed. As of 1/29/2019, the company’s BBB page has 4.25 (out of 5) stars out of only 5 reviews and 2 complaints. One negative review mentions that the company targeted elderly timeshare owners by stating that they needed to get out of their timeshare contracts or else their heirs would be stuck with it upon their passing. This is an untrue statement used by some timeshare exit businesses to frighten people into using their services. A similar instance of the company taking advantage of the elderly was reported in June 2018 to Ripoffreport.com.
Elite Rewards Group Cost For Services
The Elite Rewards Group cost is not available on its website, which is similar to other timeshare exit companies that charge various fees on a case-by-case basis. However, it appears that Elite Rewards Group does charge higher than most other timeshare relief companies, as some reviews for their services mention being charged upwards of $7,000.
Overall, Elite Rewards Group is not a company to be recommended to timeshare owners looking to get out of their timeshare. The business appears to be primarily focused with selling their own travel group membership product. It is important to be aware that when a company does this, they are more often than not marketing what is in essence a timeshare under a different label to avoid any negative connotations. The company does not mention how they charge for their services, but it is always recommended to work only with a timeshare relief business that offers a no up-front fee escrow payment option in which the company itself does not receive a penny until their client’s timeshare is cancelled. This is achieved by the customer first paying for the timeshare cancellation service to a third-party holding account that releases the funds to the timeshare exit company only upon the success of the agreed-upon service.
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