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Timeshare Exit Team
Recommended Timeshare Exit Companies
Timeshare Exit Team Review
- October 14, 2021
Table of Contents
Timeshare Exit Team is a timeshare cancellation company based in Bellevue, Washington. The company has been in existence since 2012 and has 30 offices scattered around the USA and Canada. Note that Timeshare Exit Team has undergone several name changes over the years. Some of its previous names are “321Exit” and “Reed, Hein & Associates.” The company has a proven record of successfully terminating timeshare contracts.
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3.0
3/5
- Media Endorsement
- No Legal Backup
- Money Back Guarantee
- Verifiable Company History
- Flexible Pricing
- No Escrow
- Free Consultation
Timeshare Exit Team Timeshare Cancellation
- An Odd Approach to Timeshare Cancellation?
Timeshare Exit Team timeshare cancellation services start with a free consultation. However, it is important to note that the company does not work directly with attorneys. Rather, the company helps clients cancel their timeshare contracts by transferring their title to a third-party company. Timeshare Exit Team only refers their clients to timeshare attorneys if their “title transfer” method fails.
This “odd” approach is prone to legal complications if the referral and timeshare contract involved are not handled properly. From our experience, it’s safer hire a timeshare exit company that works with attorneys.
- Timeshare Cancellation Tips for (Prospective) Clients: On the company’s website, Timeshare Exit Team outlines the processes involved in hiring the company. The first step is arranging a free consultation session. The second step involves completing the Right of Rescission, where the client determines if their timeshare contract has a resale value. The last step is hiring the timeshare cancellation company to handle your case.
Although Timeshare Exit Team’s guide on the processes is helpful, it omits a crucial step. Before hiring a timeshare cancellation company, it is essential that you check to see if you have any deed buy-back options.
Timeshare Exit Team Cost and Fees
Generally, Timeshare Exit Team’s costs and fees are flexible, and their structure seems to client-friendly.
- No Fixed Price & 100% Refund Policy: Timeshare Exit Team has no fixed charges for its timeshare cancellation services, implying that the nature of your timeshare contract determines how much you’re going to pay. The good news about this is that you can request a fee reduction when the company sends you a price quote.
However, Timeshare Exit Team does not use escrow for payment. Instead, the company promises a refund for every timeshare contract it fails to terminate. The company might even ask you to pay all their time cancellation charges upfront. We recommend clients hire a company that has an escrow payment option. When this isn’t available, opt for a company whose upfront fee is low.
Timeshare Exit Team Timeshare Reviews
Timeshare Exit Team timeshare reviews are both positive and negative. There are comments of praise, but there are also complaints about the company’s services.
- Mixed Customer Ratings: While some customers expressed appreciation at Timeshare Exit Team’s commitment to their timeshare cancellation cases, others complained about the company’s customer service. One recurring allegation was that Timeshare Exit Team failed to refund the client’s upfront fee after cancelling their timeshare contract.
Timeshare Exit Team Timeshare Ratings
Take a look at the breakdown of Timeshare Exit Team’s reviews on various platforms:
BBB
Number of Reviews: 670
Positive Reviews: 274 (4.2/5 star rating)
Negative Reviews: 396
Timeshare Exit Team has more complaints than positive reviews. Most of the dissatisfied clients claim the company hasn’t refunded their upfront fee even though their timeshare exit contract expired several years ago. As a result, BBB issued Timeshare Exit Team a ‘Pattern of Complaints’ notice.
Trustpilot
Number of reviews: 1133
Positive Reviews: 500+ (2.5 star rating)
Negative Reviews: 500+
Just like on BBB, most Timeshare Exit Team customers complained about the company’s failure to fulfill its 100% refund policy.
Yelp
Timeshare Exit Team has a Yelp page for each of its branches. The rating in all the company’s branches is a 2.5/5 star rating.
There are no reviews about Timeshare Exit Team on Google.
Timeshare Exit Team Timeshare Scam
We are convinced that Timeshare Exit Team is not a scam even though there are complaints about the company’s services. Below are different reasons why we believe this company is legitimate.
First, the company is endorsed by famous TV personalities like Dave Ramsey and Steve Harvey. Dave Ramsey is the author of several New York bestsellers on personal finance. Likewise, Steve Harvey is a famous media personality who runs popular programs on radio and TV. Looking at the profiles of these celebrities, it is quite unlikely that they would recommend a scam company to their followers.
In addition, Timeshare Exit Team provides free consultation services to potential clients. Usually, scam companies convince the client to make a payment before getting details about their case.
Lastly, there’s information about Timeshare Exit Team and its owners on the company’s website. Usually, a company whose aim is to scam timeshare clients won’t display their details.
Conclusion
Although the Timeshare Exit Team doesn’t seem like a scam, the company’s numerous negative reviews are still a cause for concern. We advise that you conduct additional research on the company before hiring them.