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How to Get Out of a Sheraton Vistana Timeshare?

Searching for a way to exit the Sheraton Vistana timeshare? You are not alone in this. Unfortunately, many owners are tired of their Sheraton Vacation Club and want to exit their contract. So, here are some of the questions you will be able to figure out the answers to, from this article.

  1. What is the Sheraton Vacation Club? How do they operate?
  2. What is the rescission period? how can you use it to eliminate your Sheraton Vistana Timeshare?
  3. Can you sell off your Sheraton Vistana Timeshare? Through which platform?
  4. How can a timeshare exit company help you? Are they reliable?

We suggest you immediately initiate a Live Chat or fill out the form on the right if you believe that you made the wrong decision by owning a timeshare. Our team can assess your case and determine the best available option for you to exit your contract.

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 booming. First established in Orlando, Florida, this made for a beneficial location since it was close to Disney. Eventually, this was the first location of Vistana Timeshare.

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.

Including a Golf Hall of Fame and PGA Tour Golf Academy, the entire Vistana World Golf Village was created. 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 was worth $1 billion.

The Sheraton Vacation Club released the Sheraton Flex program in 2014. Point-based timeshare network for owners who want 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. 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 helped Marriott become the biggest luxury timeshare resort brand and it became Sheraton Vacation Club’s /Vistana Signature Experiences’ new parent company.

You can read reviews for Sheraton Vacation Club on websites like TripAdvisor, BBB, etc. Reading these reviews will help you remove any confusion about the cancellation of your Sheraton Vistana Timeshare.

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. Depending on where you purchased it, it can even last for 30 days, you should look in your contract and find the rescission period mentioned on it. If you have bought your timeshare in that time frame, we suggest you contact Vistana Signature Experiences now 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 the written cancellation letter in immediately! Any documents submitted past your deadline will automatically disqualify you.

This is why we suggest you purchase overnight mail. We recommend you read your contract and look for the Vistana Timeshare Cancellation Policy. You can find it 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. They made promises for many things that did not turn out to be true.

Vistana has had multiple complaints on platforms. 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 exiting your timeshare contract.

How 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 made you believe that your timeshare was a “good investment,” we hate to break it to you, but that’s far from the truth. 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 which has caused “timeshare resale scams.”

Never agree to pay up-front fees when timeshare exit companies offer to help you. 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.

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 loopholes in your contract.

They will ask you questions about things like how you were treated, etc when you are attending the 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 faced the same challenges as you. We understand the struggle to pay yearly maintenance fees that never end. With high interest rates, we realized timeshares could be more beneficial.

A Sheraton Vistana timeshare is not any different. With many timeshare scams and complaints reported, it’s no wonder many owners want to exit 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 dealing in the timeshare industry, unfortunately, you have to prepare for the worst. Read over our website, fill out the form on the right, or contact us through Live Chat for a free exit consultation.

Our team will help connect you with a timeshare exit company with no up-front fees until your timeshare contract is canceled.  Click here to begin.

 

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