Transfer Smart News: Wyndham Vacation Ownership to Close a Call Center in Margate

Despite the forecast that the timeshare industry is soon to bounce this year, some companies are still on their efforts of cost-cutting. One of such companies is the Wyndham Vacation Ownership that will close a call center in Margate this April to cut costs. This also results to the laying off of 83 employees. On the other hand, the recovering economy may have alleviated the plights of the timeshare companies but along with these is still the increasing number of owners who are getting out of their timeshares.

Wyndham Vacation Ownership is currently headquartered in Orlando, Florida and is the largest vacation ownership business in the world. This company includes a network of 140 properties, 20,000 individual units, and over 800,000 property owners.

Meanwhile, its call center functions from the Margate office will be consolidated at the company's Orlando headquarters. According to the company’s spokeswoman, the Margate employees will not be offered relocation packages but may be considered for jobs in Orlando if they move on their own. Last year, the said company announced layoffs of about 50 people at Palm-Aire resort and 20 at its Royal Vista property in Pompano Beach.

These days, although the economy already shows a slow recovery, there are still many owners trying to get rid of their timeshares. Some of them even hire a timeshare transfer company such as the Transfer Smart. These, with the small increase in sales force some timeshare companies to cut off some of their operations in certain areas like what the Wyndham Vacation Ownership is currently doing.

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Transfer Smart News: Pensioners Get Conned in a Timeshare Scam

Unfortunately, while the timeshare industry continues to enjoy a steady business, its popularity has also opened up the doors for scammers worldwide. Timeshare scams succeed in conning potential or current owners and extract a considerable amount of their hard-earned money. An example of this case is that of pensioners Brian and Winifred Tillotson, who decided to get out of their timeshare but fall into the wrong hands of a fraudulent company.

Like any other holidaymakers, Brian and Winifred Tillotson invested in a timeshare plan. Back in 1992, they paid £2,000 for the exclusive right to use a brand new one-bed studio at the Sunny Coast complex in Malta for seven days each March or week 11. But recently, their timeshare has gone unused. So, when the couple received a cold call from a person claiming that they could sell the week for £5,500, they leapt at the chance.

Within a period of 18 months the Tillotsons were contacted by salesmen working for World Networking Sales or WNS, Secure Leisure and Montemar Estates which are all based on the Costa del Sol, Spain who all claimed they could make the pair thousands of pounds. The trusting pensioners parted with almost £3,000 in fees in order to market their week but the week never did sell and today the Tillotsons are still stuck with the week's timeshare that continues to cost around £200 a year to maintain. According to Sandy Grey, the founder of Timeshare Consumers Association or TCA, this is a perfect example of a resale scam that has already netted crooks £500m.

Recently, there is a growing case of timeshare resale scams. On the other hand, to avoid such frauds, some owners hire a reputable timeshare transfer company such as the Transfer Smart. However, this also serves as a call for timeshare owners to be cautious when dealing with resellers if ever they decide to get rid of their timeshare units.

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A cute denim and red

Se look soo cute!

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