How to Get Out of a Marriott Timeshare
Do you want to know how to get out of a Marriott timeshare? Do you need a solution to cancel the Marriott Vacations Club timeshare fast? To make the process simple, we have some options for you.
- Check the cancellation policy of the resort.
- Rent or sell your Marriott Vacation Club Points.
- Hire a timeshare exit company to cancel the contract.
Marriott Vacation Club
J. Willard Marriott first established his company in 1927. What started as a food service management company known as “Hot Shoppes” decades later erupted into the multinational resort empire known as “Marriott Vacations Worldwide.”
Originally known as “Hot Shoppes,” the food service management company evolved into the “Marriott Corporation” in 1967. This was 10 years after the company built its first motel. 1984, the company spent around $20 million to acquire “American Resorts.” This is what eventually became Marriott Corporation’s timeshare division.
The ’90s and 2000s were a booming movement for Marriott’s rise. In 1999, Marriott created the Ritz-Carlton Club.
This was the first vacation ownership program that the company offered. In 2010, the company next created the Marriott Vacation Club Destinations program. And eventually, this evolved into what we know today as the Marriott Vacations Club.
Marriot Timeshare Locations
Marriott Vacation Club offers a variety of timeshare locations in 55 popular destinations around the world.
This ensures that travelers can enjoy some of the best vacation spots available. In the United States, There are 9 resorts located on the East Coast.
These include sought-after destinations like Boston, Massachusetts, South Carolina, Florida, and Washington D.C.
On the West Coast, 13 destinations cater to nature and adventure enthusiasts. Scenic locations in California and the Pacific Northwest are for outdoor locations.
Marriott also has properties in the Caribbean. There are six tropical resorts in this region and one in Mexico. There are also three resorts in the Asia-Pacific area.
Marriott Vacation Club Cancellation Policy
The first thing we recommend is to read your Marriott Vacation Club Cancellation Policy. Your goal with your research is to determine your rescission period. Your rescission period is like the “cooling off” period, where you can still cancel and receive a full refund.
It’s important you do not confuse this with a reservation cancellation. When contacting Marriott Vacations Club, you must mention that you want to “rescind” your contract. Saying you would like to cancel may sound too vague.
The resort may need clarification on this for only a reservation cancellation. A rescission period is a very time-sensitive window of opportunity. You do not want to make any errors that could cost you time.
The Truth in Lending Act (TILA) under U.S. federal law sets forth your right of rescission. It applies to anyone who wants to cancel an agreement or line of credit with a lender. So, if you’ve recently signed up for your Marriott timeshare, you must act fast!
Most resorts require a written cancellation letter that notifies the resort that you would like to cancel.
You must write the letter in the required format. Make sure you include any necessary information or additional documents.
Regarding timeshare cancellation, timeshare developers will do anything to keep you trapped in your timeshare contract. So, you should watch out for any stalling from the Marriott Vacation Club.
And if you’re still confused about how a rescission period works or how to write a cancellation letter, click here to learn more.
Sell your Marriott Vacation Club timeshare
One option is putting your Marriott timeshare on the resale market. But before you take off into the resale world, we still recommend you contact Marriott first.
The resale market can take a lot of work to get around. Another reason you should contact a specialist is because the Marriott Vacation Club uses a points-based system.
This system allows owners to choose how, when, and where they vacation. This could complicate things when selling. In other words, even a paid-off timeshare can take time to sell.
If exchanging your points didn’t work for you, you probably wonder, “How do I sell my Marriott Vacation Club points?” Here’s a fun fact: Marriott Vacations Worldwide owns Interval International.
Interval International is a global vacation exchange platform where timeshare owners can trade their points for other destinations. You’ll have access to the Sheraton, Westin, Ritz-Carlton, Disney Vacation Clubs, and more.
Rent your Marriott Vacation Club timeshare
Well, exchanging your points doesn’t necessarily get you out of your membership. So, the resale option may still be in your favor.
Before proceeding with this option, it’s important to note that timeshares are unlike real estate. This is a common misunderstanding that we have seen among new timeshare owners.
Timeshare sales representatives are most at fault here. Almost everyone refuses to use the word “timeshare” in their sales pitch because it carries such a negative connotation.
This has caused many timeshare owners to believe they have signed up for something else.
For those who have done their research, it can be burdensome to sell a timeshare. A big reason for this is that most timeshares do not retain a substantial resale value.
The results may shock you if you search for Marriott timeshare resales on eBay or Craigslist. Quickly, you will find several Marriott Timeshares listed for as low as $1, just like most timeshares.
Don’t get stuck with an even bigger mess because you decided to take chances with the resale market. Too many Marriott timeshares for sale are listed for $1. What makes you think a resale company can sell yours for full price?
Hiring A Reputable Exit Company
Suppose the Marriott Vacation Club cannot help you and resale fails. In that case, we recommend hiring a reputable exit company that works alongside attorneys.
Our team understands selecting the right exit company for your timeshare situation can feel overwhelming. This is why we only recommend companies with no up-front fees that offer escrow.
This is so you stay protected from a timeshare exit scam.
To learn more about why escrow is important, click here.
The truth is you signed a legally binding document. And we always say that the best way to cancel a contract is by doing so legally.
This is where timeshare exit companies come in handy. Think of a team of experts working alongside attorneys to cancel your timeshare. It doesn’t get much better than that! Typically, an attorney looks for misrepresentations in your contract or at the sales presentation. The most common misrepresentations that appear in most cases are:
“Your timeshare will increase in value… your monthly payments will stay the same … your timeshare is like real estate.”
As crazy as it sounds, how you were mistreated could be the key to your cancellation success! When you contact the exit company, a helpful tip is to ask if an attorney will be assigned to your case.
If you do not confirm this, your case can be bundled up with 100 others. And the longer the process, the more expensive it can be. Wouldn’t you want the company to prioritise your case if you pay someone thousands? And appoint a dedicated attorney?
Unfortunately, we cannot say how much each exit company costs. Exit fee prices vary since they are based on the complexity of your timeshare agreement. And most exit fees are typically determined through a free consultation. I know what you’re thinking. What a drag! Who has time to explore hundreds of companies? Especially when they all sound the same. Who do you know to trust?
The good news is you’ve come to the right place! Contact us today or fill out our online questionnaire to take the first step to cancel Marriott Vacations Club. We’ve done our due diligence by researching several exit companies, so you don’t have to!
Marriott Vacation Club Class Action Lawsuit
As Marriott continued to rise in the vacation world, most could agree they seemed unstoppable. That was until the unthinkable happened when Anthony and Beth Lennen took action.
Previous owners at Marriott Marco Island led a class-action lawsuit against the public company Marriott Vacations Worldwide.
The case contained 18 different items with 3 violations of the RICO Act. Marriott did everything in its power to have the lawsuit dismissed. But The Lennens refused to take no for an answer.
To learn more, click here.
Final Thoughts
If you’re a timeshare owner who wants to cancel Marriott Club Vacations, don’t worry because you have options! We always say the most legitimate way to get rid of Marriott Club Vacations is through a reputable exit company that uses attorneys.
We always recommend you try to haggle the price a little for a better bargain too. And here’s a helpful tip: never agree on the first quote. There have been dozens of cases where timeshare exit companies start at a $10,000 fee and end up cutting down to $5,000. That’s 50% off! So it can never hurt to negotiate the price a little.
We started this review site to increase your awareness when dealing with timeshare developers and timeshare exit companies.
Our team will help connect you with a timeshare exit company with no up-front fees until your timeshare contract is cancelled. There are hundreds of timeshare scams every year. Protect yourself from becoming another victim! Click here to begin.
- How can I cancel my Marriott Vacation Club timeshare?
You can cancel your Marriott timeshare by checking their cancellation policy, selling or renting your points, or hiring a reputable timeshare exit company. - What is the rescission period for Marriott Vacation Club?
The rescission period is the timeframe during which you can legally cancel your timeshare contract and get a full refund. - How do I sell my Marriott Vacation Club points?
You can try selling your Marriott points through the resale market. - Can I rent out my Marriott Vacation Club points?
Yes, you can rent your Marriott points, but it doesn’t release you from your timeshare contract. - Should I hire a timeshare exit company to get out of my Marriott timeshare?
If other options like resale or renting don’t work, hiring a reputable timeshare exit company with no upfront fees can be a good option.
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