For the past few years, several timeshare developers showed considerable growth of their facilities across the globe. Granted, some growth was primarily due to good business practices. On the other hand, there is a big portion of this growth that may be attributed to being aggressive and forceful sales tactics onto the part of timeshare experts as of what studios do in easing the minds of triggered individuals.
Given the fact that there are many studies and researches showing the wrongdoings in timeshare industry, there are countless of angry customers who chose to look into ways on how to get rid of their timeshare account. Finding out that it’s nearly impossible to sell timeshare in down economy, a lot of these people have chosen to look into the process of timeshare cancellation and seek the help of timeshare experts. Despite the fact that this is a new procedure, there are still thousands of people who experience relief from going through with the cancellation. But you might wonder to what exactly it is and to how it will work.
Well in reality, the timeshare cancellation is a procedure of deeding the timeshare back to developers based on contract associated with timeshare and discrepancies in sales process. In some cases, consumers will even need to recover a portion or all the associated losses in their timeshares. Since timeshare cancellation is based on discrepancies mostly in the sales process however, many timeshare experts must have done something wrong prior to be qualified for the timeshare cancellation process.
In the next lines, you are going to learn about the 3 common broken rules which can help you get started with the cancellation process.
Number 1. Long tours – when it comes to selling the timeshare, first thing to be done is the tour. In reality, this is the time when the sales rep is taking people through timeshare to show off outstanding properties. On the other hand, studies showed that when such tours have lasted longer than 90 minutes, clients feel this more of an urgency. Thus, if the timeshare tour was longer than the said period, it’s unlawful for timeshare experts to sell the timeshare for the same day.
Number 2. False sense of urgency – in the sales, among the main goals is creating sense of urgency for consumers to invest in the service or product being sold. Many timeshare sales experts however are using deceptive tactics to be able to create false sense of urgency to the minds of consumers, which is not tolerated by law.
Number 3. Investment – this is more than enough to convince lots of people buy timeshare. But in reality, it is unlawful for timeshare experts to imply that such is a great investment.