Escrow may sound like a better option, but most timeshare exit companies typically don’t like to mention they have an escrow option. Going through the escrow route can be expensive because when a third-party company comes in the picture, the timeshare exit fee increases.

Most timeshare exit companies, on average, take around 8-12 months to cancel your contract, and if a company essentially has to wait 8-12 months to get paid, they tend to charge a higher fee for their escrow customers. That being said, it’s fine to go with a company that provides escrow because you can take comfort in knowing that you’re covered if anything goes wrong during the process.

If a company has positive business practices and has been in business for over 5+ years with positive ratings, it makes sense to go the cheaper route with a 100% money-back guarantee. But is that always the best route to take? Some people want a little extra protection by going with a company that is more expensive but has a proven track record of success. That peace of mind is worth it to some. It comes down to what you feel most comfortable with.

Ultimately, our team at MyTER recommends working with legitimate timeshare exit companies that offer escrow because the company does not get paid until the service is completed as promised. There are very few companies that honor their 100% money-back guarantee, and these companies typically have secure financial assets. But why take the risk when there are reputable companies that you can trust that offer escrow? Trust is the key!

We help timeshare owners find the best timeshare exit company for their situation. Read over our website and fill out the form on the right or contact us through Live Chat for a free personalized consultation. Our team recommends working with legitimate timeshare exit companies that offer a no-up-front fee escrow option.