Many people purchase timeshares with the expectation of securing a reliable vacation spot each year and viewing the investment as a smart real estate move that will appreciate over time. However, the reality for many owners can be quite different.
Not only do timeshare buyers face a hefty initial cost, but they also often end up with substantial maintenance fees and other recurring expenses that can quickly reach thousands of dollars annually. In an effort to escape these financial obligations, some owners turn to timeshare exit companies like Timeshares Only for help in breaking free from their contracts.
What is Timeshares Only?
Timeshares Only is a timeshare resale company that focuses on helping owners sell their timeshares on the resale market rather than canceling the timeshare contract. Established in 2009 and based in Orlando, Florida, the company aims to connect sellers with potential buyers or renters. However, the process involves paying an upfront fee to advertise your timeshare, a point that has drawn considerable attention from current and former clients.
Services Offered by Timeshares Only
Timeshares Only provides a range of services designed to help timeshare owners navigate the resale market. Their offerings focus on connecting sellers with prospective buyers or renters, with an emphasis on advertising and membership benefits. Here’s an overview of what they offer:
- Timeshare Advertising: Timeshares Only charges an upfront fee to list your timeshare on the resale market. Their service is geared toward marketing your property across various platforms to attract potential buyers or renters. The goal is to give your timeshare maximum exposure, though results can vary based on market demand.
- TO GO Membership: A standout feature of Timeshares Only is the TO GO Membership, which aims to provide added value while your timeshare is on the market. Membership benefits include:
- Maintenance Fee Relief: Offers temporary relief from ongoing maintenance fees, easing the financial burden during the sales process.
- Travel Perks: Members gain access to discounted resort rates, special deals on tour packages, cruises, and other travel-related benefits. These perks are designed to make the membership more appealing and can serve as an added incentive for owners.
- Buyer and Renter Connections: In addition to selling timeshares, Timeshares Only assists prospective buyers and renters in finding available properties. This dual approach helps create a dynamic marketplace, though it is particularly beneficial for those interested in the resale side of the timeshare market rather than outright cancellation.
Timeshares Only Customer Experience
Customer feedback on Timeshares Only has been predominantly negative when it comes to selling a timeshare. Here are some key observations:
- Upfront Fee Concerns: Many timeshare owners have reported paying an upfront fee (ranging from approximately $294 to $600) with the hope that their timeshare will sell. Unfortunately, a significant number of these owners have not seen a sale come to fruition.
- Mixed Reviews: While a few positive reviews exist—mostly from buyers or renters who found a timeshare through the company—most reviews on Consumer Affairs, Google, and Yelp highlight the frustration of paying fees without achieving a sale.
- Sales Challenges: The reality for many sellers is that timeshares often do not sell easily, similar to listings on online marketplaces where timeshares are offered for as little as $1. This environment makes it challenging to secure a sale, regardless of the advertising efforts.
Pros and Cons of Timeshares Only?
When considering Timeshares Only for your timeshare resale needs, it’s important to weigh both the advantages and drawbacks. Here’s a concise overview to help you decide if their services are right for you:
Pros
- Established Presence: Operating since 2009, Timeshares Only has been a player in the timeshare resale market for many years.
- TO GO Membership Benefits: Offers added value through their TO GO Membership, which provides maintenance fee relief during the sales process along with perks such as discounted resort rates, special travel deals, and more.
- Assistance for Buyers and Renters: In addition to helping owners list their timeshares, the company also facilitates connections for buyers and renters, potentially increasing exposure for your listing.
Cons
- Upfront Fee Requirement: Timeshares Only charges an upfront fee (ranging from about $294 to $600) to advertise your timeshare. This fee is paid regardless of whether your timeshare eventually sells, which can be a significant risk.
- Negative Customer Reviews: A search for “Timeshares Only reviews” reveals a number of negative experiences on platforms like Consumer Affairs, Google, and Yelp. Many customers report that despite paying upfront fees, their timeshares never sold.
- Low Success Rate for Sales: The resale market for timeshares is notoriously challenging, and many listings—sometimes even those advertised for as little as $1 on platforms like eBay—fail to sell. This reality can leave owners without a return on their initial investment.
- Inconsistent Pricing: There appears to be variability in the fees charged, with some owners paying significantly different amounts. This inconsistency can add to the uncertainty of the service.
Is Timeshares Only legit?
Timeshares Only is a legitimate business that has been operating since 2009. However, legitimacy in this context does not necessarily equate to effectiveness. While the company is real and legally established, its business model—charging an upfront fee to sell your timeshare—has led to widespread dissatisfaction among many owners. If your goal is to quickly and efficiently sell your timeshare, the high upfront costs and mixed results reported by many customers suggest that you might want to consider alternative approaches.
Timeshares Only Cost
When considering Timeshares Only, it’s important to understand the cost structure associated with their services. The company typically charges an upfront fee to advertise your timeshare on the resale market. Reported fees vary, with some owners paying around $294 and others up to $600.
This inconsistency in pricing can be confusing, and it leaves many wondering about the factors that influence the cost. Additionally, given that many owners report little to no success in selling their timeshare despite these fees, it’s crucial to carefully weigh the financial investment against the potential return. Before committing, consider whether the upfront cost aligns with your expectations and if it justifies the potential benefits of listing your timeshare through Timeshares Only.
Timeshares Only Alternative
For those exploring alternatives to Timeshares Only, CancelTimeshareGeek stands out as a prominent player in the timeshare exit industry. Compared to other companies, CancelTimeshareGeek distinguishes itself through a focus on comprehensive legal support and streamlined processes designed to simplify the exit journey.
While Timeshares Only has built a solid reputation, potential clients may want to consider competitors like CancelTimeshareGeek for additional consumer-friendly features. CancelTimeshareGeek’s team of experienced professionals works diligently to navigate the complexities of timeshare contracts, ensuring that every step of the process is clearly communicated and that clients feel supported throughout their exit.
Strengths of CancelTimeshareGeek
- Expert Legal Representation: CancelTimeshareGeek provides seasoned legal experts who can effectively manage the intricacies of timeshare contracts, advocating on your behalf.
- Streamlined Processes: Many clients report that CancelTimeshareGeek is able to facilitate quicker results, helping them exit their timeshare obligations in less time.
- Clear Communication: CancelTimeshareGeek is committed to keeping clients informed at every stage, reducing uncertainty and building confidence during the exit process.
Ultimately, timeshare owners should thoroughly research and weigh their options before committing to an exit company. For those prioritizing strong legal expertise, efficient service, and clear guidance, CancelTimeshareGeek offers a compelling alternative in the timeshare exit market.
Frequently Asked Questions
What is Timeshares Only?
Timeshares Only is a timeshare resale company based in Orlando, Florida. Established in 2009, they specialize in advertising timeshares on the resale market, aiming to connect owners with potential buyers or renters.
What services does Timeshares Only offer?
The company primarily helps timeshare owners list and market their properties for resale. They also offer a TO GO Membership, which includes benefits like maintenance fee relief and travel perks (discounted resort rates, special tour packages, etc.) while your timeshare is on the market.
How does the fee structure work?
Timeshares Only charges an upfront fee to advertise your timeshare. Reported fees vary, with some owners paying around $294 and others up to $600. This fee is paid regardless of whether your timeshare eventually sells.
Is Timeshares Only effective at selling timeshares?
Many owners have expressed frustration with their timeshare not selling despite paying the upfront fee. Reviews across platforms like Consumer Affairs, Google, and Yelp indicate that selling a timeshare through their service can be challenging in today’s market.
What is the TO GO Membership, and how does it benefit me?
The TO GO Membership is an additional service offered by Timeshares Only that provides maintenance fee relief while your timeshare is on the market. It also offers travel-related benefits, such as discounts on resort stays and special deals on tours and cruises. However, this benefit is primarily aimed at buyers or renters rather than enhancing the resale value for sellers.
