How to Get Out of a Sheraton Vistana Timeshare
Searching for a way to get out of a Sheraton Vistana timeshare? You’re not alone. Unfortunately, several owners are fed up with Sheraton Vacation Club.
Either they felt misled, pressured, or had no clue what they were signing up for! And just like you, they want a way out. Being a timeshare owner may not be a priority for you and your family anymore. Let’s not forget how fees tend to increase every year. But if you haven’t read through your Sheraton Vistana Timeshare Cancellation Policy, what you find may shock you.
If you felt like you were misled or sold something that is not beneficial to you or your family, we suggest you immediately initiate a Live Chat or fill out the free informational form on the right. Our team can assess your case and determine the best available option for you to exit your contract. To get started, click here.
Sheraton Vacation Club / Vistana Signature Experiences
Vistana Signature Experiences is an operating business of Marriott Vacations Worldwide. The company designs, builds, and manages resort properties under the Westin and Sheraton brands.
The club dates back to 1980 when vacation ownership sales started to boom. First established in Orlando, Florida, this made for a beneficial location since it was so close to Disney. Eventually, Vistana’s first timeshare property was located here.
Two Chicago bankers named Raymond “Rip” Gellein Jr. and Jeffrey Adler would be the ones to expand the company. Raymond eventually became CEO, and Jeffery his Executive VP. They had a couple of different marketing strategies for their timeshare. But the one that took the organization to new lengths was its idea to host a PGA-branded championship golf tournament in 1996.
An entire Vistana World Golf Village was created, including a Golf Hall of Fame and PGA Tour Golf Academy. The golfing community now had a resort full of attractions they could visit. All it would cost was a purchase of a vacation package Vistana offered.
Vistana next made a public offer to the New York Stock Exchange in 1997. Two years later, Resorts Worldwide and Starwood Hotels would purchase Vistana for $400 million. Raymond Gellien remained the company’s director until he retired in 2008. Around this time, Vistana’s timeshare sector accumulated a value worth $1 billion.
The Sheraton Vacation Club next released the Sheraton Flex program in 2014. This was their point-based timeshare network for owners who would like to exchange vacation points. And as the company continued to succeed, an industry competitor turned its attention toward Vistana. Two years later was all it took for Interval Leisure Group (ILG) to purchase Vistana from Starwood. 2016 was such an enormous transition for Vistana. This merger partnered them with companies like the Sheraton, Westin, and Hyatt brands.
Marriott Vacations Worldwide purchased Interval Leisure Group in 2018 for $4.7 billion. This made Marriott the biggest luxury timeshare resort brand, becoming Sheraton Vacation Club’s /Vistana Signature Experiences’ new parent company.
Sheraton Vistana Timeshare Cancellation Policy
If you signed up for a Sheraton Vistana timeshare, the best way to cancel your contract is by using your “right of rescission.”
Rescission laws allow you to cancel your contract typically a few days after your purchase. A typical rescission period lasts 3-10 days. But sometimes 30 days, depending on where you made your purchase. If you have purchased your timeshare in that time frame, we suggest you contact Vistana Signature Experiences immediately to see what your rescission period is on your contract.
Typically, timeshare developers require you to submit a written cancellation letter by mail. If you still qualify, we recommend you send everything in immediately! Any documents submitted past your deadline will automatically disqualify you. This is why we suggest you purchase overnight mail. Those few extra dollars are worth it. We recommend you read through your contract and look for the Vistana Timeshare Cancellation Policy. This is typically located at the beginning or end of your contract. Click here to learn more about rescission.
Vistana Signature Experiences has quite the collection with timeshares in the US, Mexico, and the Caribbean. But at what cost did the company pay for this ring of vacation destinations?
Our team has read many online reviews of Vistana timeshare owners who are upset with the company. Many mention how they signed up for their timeshares with the wrong impression. Others were promised many things that did not turn out to be true. This is the reality of the timeshare industry. If your head is not on a swivel, you could be signing up for something you wish you hadn’t.
Vistana has had multiple complaints on platforms like the Better Business Bureau. The good news is that Sheraton Vistana is under the Marriott, so you can always call them and mention what’s happening. But there is no guarantee they will be able to help. They might only help owners who have a timeshare with Marriott Bonvoy. You must meet specific requirements first to qualify for Marriott’s buy-back program. Contact us through Live Chat, or fill out the form on the right side of the page to learn more.
Can I Sell My Sheraton Vistana Timeshare?
If you missed your opportunity to rescind, you’re probably thinking, “can I sell my Sheraton Vistana timeshare?” Well, there are a couple of things we believe you should know first.
The problem with selling is that everyone thinks their timeshares are worth thousands. We hate to break it to you. If someone told you your timeshare was a “good investment,” they lied.
Almost every timeshare depreciates immediately once purchased. Like cars, if not worse, we’ve seen timeshares drop by more than half their original value. This has led many timeshare owners down the wrong road.
Because of the lack of timeshare resale value, many owners have gone years without finding a buyer. Not only are they paying their ongoing maintenance fees. They’ve now added resale fees for listing their timeshares for sale. This has caused what we know as “timeshare resale scams.” These scammers have fed owners lies with “buyers” that are “ready now” to purchase their timeshare—all this in exchange for listing fees on their website. We can’t say this enough. Never pay anyone up-front fees. To learn more about timeshare resale scams, click here.
Sheraton Vistana Timeshare Cancellation
Selling a Sheraton Vistana timeshare can be challenging. And we understand your rescission period is such a time-sensitive task. Anyone could miss it if no one explained this to you! So, what’s next?
If you want to cancel your Sheraton Vistana timeshare contract, we always say the best way is always legally. This is why we recommend you hire a timeshare exit company that works alongside attorneys.
Reputable timeshare exit companies typically have attorneys that look for misrepresentations or loopholes in your contract. Usually, they will ask you various questions about what was said to you and how you were treated during the timeshare presentation. Other exit companies will charge you up-front; a few timeshare exit companies have an escrow option.
We suggest hiring a company that has no up-front fees and offers an escrow payment option so you stay protected. The FTC and the BBB have warned timeshare owners against paying up-front to exit their timeshare contracts. We recommend escrow because this eliminates all upfront fees paid directly to the exit company. Doing this removes all the risk of becoming a victim of a timeshare exit scam. Learn more about why escrow is essential by clicking here.
Final Thoughts
We are a team that was in your shoes. We understand the struggle of paying yearly maintenance fees that never seem to end. With ridiculously high-interest rates, we realized timeshares are not beneficial. A Sheraton Vistana timeshare is no exception. With an abundance of timeshare scams and complaints reported, it’s no wonder many owners want to get out of a Sheraton Vistana timeshare. The good news is you do have options.
We started this review site to show how timeshare developers and exit companies work. When it comes to the timeshare industry, unfortunately, you have to prepare for the worst. Too many scams are reported every year. This is why we only recommend timeshare exit companies that have no up-front fees and offer an escrow payment option, so you stay protected.
Read over our website, fill out the form on the right, or contact us through Live Chat for a free personalized exit consultation. 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 to Get Out of a Sheraton Vistana Timeshare
Searching for a way to get out of a Sheraton Vistana timeshare? You are not alone in this. Unfortunately, several owners are fed up with the Sheraton Vacation Club and want to get out of their contract.
- Either they felt misled, pressured, or needed to figure out what they were signing up for!
- And just like you, they want a way out.
- Being a timeshare owner may no longer be a priority for you and your family. Let’s not forget how fees tend to increase every year.
- But what you find may shock you if you have yet to read through your Sheraton Vistana Timeshare Cancellation Policy.
If you felt like you were misled or sold something not beneficial to you or your family, we suggest you immediately initiate a Live Chat or fill out the free informational form on the right. Our team can assess your case and determine the best available option for you to exit your contract. To get started, click here.
Sheraton Vacation Club / Vistana Signature Experiences
Vistana Signature Experiences is an operating business of Marriott Vacations Worldwide. The company designs, builds, and manages resort properties under the Westin and Sheraton brands.
The club dates back to 1980, when vacation ownership sales started to boom. First established in Orlando, Florida, this made for a beneficial location since it was close to Disney. Eventually, Vistana’s first timeshare property was located here.
- Two Chicago bankers, Raymond “Rip” Gellein Jr. and Jeffrey Adler, would be the ones to expand the company.
- Raymond eventually became CEO, and Jeffery became his Executive VP. They had a couple of different marketing strategies for their timeshare.
- But the one that took the organisation to new lengths was its idea to host a PGA-branded championship golf tournament in 1996.
- An entire Vistana World Golf Village was created, including a Golf Hall of Fame and PGA Tour Golf Academy.
- The golfing community now had a resort full of attractions they could visit. All it would cost was a purchase of a vacation package Vistana offered.
Vistana next made a public offer to the New York Stock Exchange in 1997. Resorts Worldwide and Starwood Hotels would purchase Vistana for $400 million two years later. Raymond Gellien remained the company’s director until he retired in 2008. Around this time, Vistana’s timeshare sector accumulated a value worth $1 billion.
- The Sheraton Vacation Club released the Sheraton Flex program in 2014.
- It was their point-based timeshare network for owners wanting to exchange vacation points.
- And as the company continued to succeed, an industry competitor turned its attention toward Vistana.
- Two years later, it was all it took for Interval Leisure Group (ILG) to purchase Vistana from Starwood. 2016 was such an enormous transition for Vistana.
- This merger partnered them with companies like the Sheraton, Westin, and Hyatt brands.
Marriott Vacations Worldwide purchased Interval Leisure Group in 2018 for $4.7 billion. This made Marriott the biggest luxury timeshare resort brand, becoming Sheraton Vacation Club’s /Vistana Signature Experiences’ new parent company.
Sheraton Vistana Timeshare Cancellation Policy
If you signed up for a Sheraton Vistana timeshare, the best way to cancel your contract is by using your “right of rescission.”
- Rescission laws allow you to cancel your contract typically a few days after your purchase. A typical rescission period lasts 3-10 days.
- But sometimes, it takes 30 days, depending on where you purchased it.
- Look in your contract and find the rescission period mentioned on it.
- If you have purchased your timeshare in that time frame, we suggest you contact Vistana Signature Experiences immediately to see what your rescission period is on your contract.
Typically, timeshare developers require you to submit a written cancellation letter by mail. If you still qualify, we recommend you send everything in immediately! Any documents submitted past your deadline will automatically disqualify you. This is why we suggest you purchase overnight mail. Those few extra dollars are worth it. We recommend you read your contract and look for the Vistana Timeshare Cancellation Policy. This is typically located at the beginning or end of your contract. Click here to learn more about rescission.
- Vistana Signature Experiences has quite the collection with timeshares in the US, Mexico, and the Caribbean. But how much did the company pay for this ring of vacation destinations?
- Our team has read many online reviews of Vistana timeshare owners who are upset with the company. We will help you through this.
- Many mention how they signed up for their timeshares with the wrong impression. Others were promised many things that did not turn out to be true.
- This is the reality of the timeshare industry. If your head is not on a swivel, you could be signing up for something you wish you had not.
Vistana has had multiple complaints on platforms like the Better Business Bureau. The good news is that Sheraton Vistana is under the Marriott, so you can always call them and mention what’s happening. But there is no guarantee they will be able to help. They might only help owners who have a timeshare with Marriott Bonvoy. You must meet specific requirements first to qualify for Marriott’s buy-back program. Contact us through Live Chat or fill out the form on the right side of the page to learn more. We will help you through the process of getting out of your timeshare contract.
Can I Sell My Sheraton Vistana Timeshare?
If you missed your opportunity to rescind, you are probably thinking, “Can I sell my Sheraton Vistana timeshare?” Well, we believe you should know a couple of things first.
- The problem with selling is that everyone thinks their timeshares are worth thousands. We hate to break it to you.
- If someone told you your timeshare was a “good investment,” they lied.
- Almost every timeshare depreciates once purchased. Their value decreases over time no matter what.
- Like cars, if not worse, we have seen timeshares drop by more than half their original value. It has led many timeshare owners down the wrong road.
Because of the lack of timeshare resale value, many owners have gone years without finding a buyer. Not only are they paying their ongoing maintenance fees. They have now added resale fees for listing their timeshares for sale. It has caused what we know as “timeshare resale scams.” These scammers have fed owners lies with “buyers” that are “ready now” to purchase their timeshare—all this in exchange for listing fees on their website. We can not say this enough. Never pay anyone up-front fees. To learn more about timeshare resale scams, click here.
Sheraton Vistana Timeshare Cancellation
Selling a Sheraton Vistana timeshare can be challenging. And we understand your rescission period is such a time-sensitive task. Anyone could miss it if no one explained this to you! So, what is next?
- If you want to cancel your Sheraton Vistana timeshare contract, we always say the best way is always legal.
- That is why we recommend you hire a timeshare exit company that works alongside attorneys.
- Reputable timeshare exit companies typically have attorneys who look for misrepresentations or loopholes in your contract.
- Usually, they will ask you various questions about what was said to you and how you were treated during the timeshare presentation.
- Other exit companies will charge you up-front; a few timeshare exit companies have an escrow option.
We suggest hiring a company that has no up-front fees and offers an escrow payment option so you stay protected. The FTC and the BBB have warned timeshare owners against paying up-front to exit their contracts. We recommend escrow because this eliminates all upfront fees paid directly to the exit company. Doing this removes all the risk of becoming a victim of a timeshare exit scam. Learn more about why escrow is essential by clicking here.
Final Thoughts
We are a team that was in your shoes. We understand the struggle to pay yearly maintenance fees that never end. With ridiculously high interest rates, we realised timeshares could be more beneficial. A Sheraton Vistana timeshare is no exception. With many timeshare scams and complaints reported, it’s no wonder many owners want to get out of a Sheraton Vistana timeshare. The good news is you do have options.
- We started this review site to show how timeshare developers and exit companies work.
- When it comes to the timeshare industry, unfortunately, you have to prepare for the worst. Too many scams are reported every year.
- That is why we only recommend timeshare exit companies that have no up-front fees and offer an escrow payment option so you stay protected.
Read over our website, fill out the form on the right, or contact us through Live Chat for a free personalised exit consultation. 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.
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