Vacation Ownership Consultants, founded in 2014 in Scottsdale, AZ is a timeshare exit company that provides clients with timeshare contract termination services.
An Analysis of Vacation Ownership Consultants’ Website
Vacation Ownership Consultants appears to be knowledgable about the industry based on the information present throughout their website. The “FAQ” web page is especially informative and features several videos made by Vacation Ownership Consultants. One of these videos titled “Timeshare cancellation: How can I get money back from a timeshare listing company?” is slightly misleading. In the video, Mike from Vacation Ownership Consultants implies that timeshare resale businesses cannot legally charge an up-front fee for their services, but this is not the case. Such businesses can charge customers up-front for advertisements to help sell their timeshares. It is, in actuality, quite difficult to get this charge refunded.
Vacation Ownership Consultants’ services are “attorney-based,” according to their website, which gives credibility to their business. The company mentions on its “How It Works” webpage that customers looking to break their timeshare contract should first reach out to their timeshare developer to see if there are any timeshare cancellation options available through them. This is good advice, as some timeshare companies already have programs for timeshare cancellation in place. However, the company also gives customers advice to stop paying for their timeshare fees, which is actually illegal to do and can cause a lowered credit score.
Vacation Ownership Consultants Reviews
Online, the Vacation Ownership Consultants reviews are overwhelmingly positive. As of 1/22/2019, the Vacation Ownership Consultants rating on the BBB is 5 (out of 5) stars (“A+” ranking) based on 59 reviews, their rating on Trustpilot is 5 (out of 5) stars out of 42 reviews, and their rating on Yelp is 5 (out of 5) out of 3 reviews.
Vacation Ownership Consultants Cost For Services
The Vacation Ownership Consultants cost does not appear online, which is similar to other timeshare exit companies that charge various fees on a case-by-case basis. The company does mention basing their fees off of the amount of the timeshare’s yearly or bi-yearly maintenance charges. On Vacation Ownership Consultants BBB page, one customer did mention paying $3,000 for their services, though this is not verifiable.
Concluding Thoughts
Overall, Vacation Ownership Consultants appears to have a positive reputation as a legitimate timeshare exit company. However, Vacation Ownership Consultants also alludes on their website to customers paying up-front for their service, which is never recommended. Too often in the timeshare exit company industry, scams occur where businesses charge a client money up-front then disappear with the funds or go out of business and never refund the money. It is always best to work instead with a timeshare exit company that offers a low up-front fee escrow payment option, where clients can first pay the service charge to a third-party holding account that only releases the money to the business itself upon the cancellation of the timeshare. This is the only sure way to protect oneself from fraud.
To find out more about low up-front fee escrow payment options or get more advice about timeshare exit companies, please reach out to us via our contact form or our live chat.