Omni Ellis Review
Omni Ellis is a timeshare exit and transfer company that is based out of San Francisco, California. The company has been in business since 2015. Omni Ellis has a very professional website. Omni Ellis can help you eliminate your timeshare mortgage and maintenance fees. As our team at MyTER carefully reviewed the company, a few things stood out to us. The first thing that stood out is the statement Omni Ellis makes, “if the company fails to remove you out of the contract, you will not have to pay them a fee”. This statement translates to being a 100% money-back guarantee. The company also offers a simple exit process, in which they state:
“We take care of each step during your timeshare transfer, so you don’t have to. After the order for your timeshare closing is placed, we ask that you complete a few simple forms allowing us to work with the resort and county agencies to facilitate the transfer of title to or from your name”.
Another thing that stood out to our team is the ‘FAQ’ page. The frequently asked questions page has common questions and answers that timeshare owners may have. Omni Ellis does state they accept resorts in United States, Mexico, Europe, and the Caribbean, which is a +1 from our team. Many timeshare exit companies only deal with resorts in the United States, putting some timeshare owners in a tough position.
In America, 1 out of 8 households currently own a timeshare. The timeshare industry is growing at a rapid pace, and many timeshare owners have fallen victim to exit scams. We advise all timeshare owners to carefully assess the credentials of each timeshare exit company or have our team find the best timeshare exit company for your situation. Fill out the form on the right for a personalized consultation and receive an emailed copy of the “10 must-ask questions when shopping for a timeshare exit company”.
Omni Ellis does not offer a no up-front payment escrow option as we would have liked, but the company does offer a 100% money-back guarantee. As our team spoke directly with Omni Ellis, a representative of their company stated they could take on every timeshare and passed me a contract over without assessing our case. This is something we do not approve of because how is the company so positive they will cancel a specific timeshare contract? We advise you to be careful of companies that rush in and want your money.
Another interesting statement our team read on the website was Omni Ellis would help timeshare owners get rid of:
- Timeshare Mortgage
- Special Assessment Fees
- Annual Maintenance Fees
As you may be aware of the resale market for timeshares, most timeshares are listed for $1 on websites such as craiglist.com or ebay.com. There is no value for timeshares anymore, and it’s due to the low pricing of hotels and different travel outlets. Omni Ellis does not use attorneys, and as we mentioned before, the legitimate way to get out of a timeshare contract is by using an attorney. We would advise anyone to be careful if a timeshare exit company is doing business without an attorney, they usually are scams.
The average time to transfer the timeshare according to a specialist at Omni Ellis is roughly around 3-12 month period. It depends on your timeshare contract details and the developer of your contract. Omni Ellis does have few commercials over the internet and TV. There is nothing out of the ordinary here, but the commercial did state the company has helped over 15,000 timeshare owners get out of their contract, that is a +1 from our team. If a timeshare exit or transfer company has a high success rate, that is always a positive sign.
There was no clear explanation of the process Omni Ellis uses to help transfer or exit your timeshare, but the company does provide a free consultation. Omni Ellis makes an essential statement as shown below:.
Omni Ellis Cost & Fees
After our team spoke directly to an Omni Ellis representative, the contract that was sent to us was priced at $3000, after reading through the contract, the company states there can be additional costs depending on your timeshare developer. The service fee for using Omni Ellis ranges from $3000-$6000 based on various reviews. Omni Ellis has a decent price point based on reviews. Paying a timeshare exit company can be beneficial in the long run. Timeshares typically have high-interest rates, and you would be paying a lot more if you stayed in your timeshare contract.
Omni Ellis Ratings
Omni Ellis has an A+ rating on the Better Business Bureau, and they are a BBB accredited company since 7/31/2017. The company also has 72 customer reviews with 5-star ratings. The high ratings speak highly of the company and how they operate. Omni Ellis does not have Yelp or Trustpilot reviews.
Our Team at MyTER always recommends working with a company that has a strong positive presence in the timeshare exit industry. After carefully reviewing Omni Ellis, our team has decided to assess the company a 4.0/5.0 MyTER Rating. The overwhelmingly positive reviews on Omni Ellis stood out to our team, and they check the majority of the boxes on our list. We would have liked it if the company had a Yelp or Trustpilot presence, but since the company primarily labels itself as a transfer company, the percentage of cancellation is not high. We do not want you to run the risk of losing out thousands of dollars, we recommend you reach out to our team so we can better understand your timeshare situation.
Below is an image directly from the Better Business Bureau (BBB) highlighting a positive experience with Omni Ellis:
After carefully assessing Omni Ellis, our team has concluded the company provides a weekly update to timeshare owners which is a +1 from our team. We edify companies that prioritize timeshare owners who are paying thousands of dollars to get out, wouldn’t you want to be updated weekly knowing you paid a company so much money? There are quite a few timeshare exit companies you will not hear from for months unless you call them.
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 trustworthy timeshare exit companies that offer an escrow option, so you pay $0 up-front until your timeshare contract is canceled. There are hundreds of timeshare scams every year, protect yourself from becoming another victim.