Sapphire Timeshare Cancellation, established in May of 2018, is a relatively new exit company based out of Orlando, FL. As of 1/3/2020, the company no longer offers an escrow payment option. Offering an escrow payment option is one the best qualities to look for in a timeshare cancellation company because the company does not get paid in full until after your timeshare is cancelled.
Difference Between No Up Front Fee Escrow and 100% Money Back
Pretty much all of the timeshare exit companies offer a “100% money back guarantee.” This doesn’t mean anything at all because the company requires you to pay them up front. How do you know they are going to give you your money back if they don’t cancel your timeshare? They could go out of business or file for bankruptcy. In fact, this recently happened with a large timeshare exit company by the name of Resort Release. A quick Google search on Resort Release will reveal that the company has filed for bankruptcy and may not have enough money to refund the “money back guarantee” that it promised its customers.
This is why we here at TimeshareCancellationReview.com like to recommend companies that offer a no up front fee escrow payment option. This is the only way to 100% protect yourself from scams. Learn more about escrow and why it’s important here.
An Analysis of Sapphire Timeshare Cancellation’s Website
On the homepage we see a humbling video of the company’s owners. Apparently, Sapphire Timeshare Cancellation is a family owned and operated business that appears to genuinely want to help timeshare owners exit their timeshares. We don’t get slimy snake oil salesmen vibe from this video, which is good.
Moving over to the “FAQ” page and we see that the company provides transparency about how timeshare exit services are priced throughout the exit industry. Apparently, many timeshare exit companies determine the price you pay by the amount they think they can get you to spend. Sapphire Timeshare Cancellation looks down on this practice and does not participate.
Sapphire Timeshare Cancellation Reviews
Sapphire Timeshare Cancellation reviews online are positive. As of 5/16/2019, the business has a 5 (out of 5) star rating on the BBB out of 20 reviews and 5 (out of 5) stars on Facebook out of 8 reviews. Sapphire Timeshare Cancellation links to its BBB reviews on its website, displaying company confidence in its own reputation.
Sapphire Timeshare Cancellation Cost For Services
According to their website, the Sapphire Timeshare Cancellation cost is a flat fee for timeshare cancellation services, which is unlike other timeshare exit companies that charge varying fees based on individual cases. Like most timeshare exit companies, Sapphire Timeshare Cancellation does not state what this flat fee is online.
No up-front fee escrow payment options allow for clients to first make payment to a third-party holding account that only releases the funds to the timeshare exit company itself upon the success of their stated services. Sapphire Timeshare Cancellation does not offer this option for customers. Using a no up-front escrow payment option is the best way to protect yourself from scams.