Not everything lasts forever. Not even your interests. If you find that you no longer want your Diamond Resort timeshare, selling it may be your best option. With that said, finding info on how to do so isn’t always easy. That’s where we come in! We’ve put together this handy guide to make the process simple. Here’s how to sell Diamond resorts timeshare on the resale market.
How Do You Sell a Diamond Resorts Timeshare?
If you’re ready to sell your Diamond Resorts timeshare, we recommend calling Hilton Grand Vacations or Diamond Resorts first. They can speak to you about your options that are specific to your ownership. Now, we know you might be wondering, “Why reach out to Hilton?” Well, it’s because Diamond Resorts is actually owned by Hilton Grand Vacations. As a result, it’s possible that Hilton might buy back your timeshare or be able to offer some insight as to how to proceed. So, it’s good to reach out to them to see what they can do!
The most common way owners try to sell their Diamond timeshare is by posting it for sale online. They do this through a specialized marketplace (like us!) or with a recommended reseller. For buyers looking to become an owner for less, a Diamond Resorts timeshare resale allows them to do so.
The Diamond Resorts Timeshare Sales Process
So, you’ve decided that selling your Diamond resorts timeshare is the best move for you. Now what? From here, the first thing you should do is gather as many details of your ownership as possible. From the name of your resort to your week number, or if you have timeshare points, your point allotment, unit number, etc. Once you’ve gathered your info, your best bet is to contact a timeshare reseller that has been recommended by the American Resort Development Association, or ARDA. ARDA’s recommended resellers all follow a strict set of ethics that helps keep timeshare owners safe. We’ll have more on ARDA’s recommended resellers later in this guide. Once you’ve posted your timeshare for sale with a reseller’s marketplace, all you have to do is wait for an offer you like, and then accept it! From there, you’re all set!
Ready to get started? Well, before you do, it might be best to look over your other options. After all, selling your timeshare is final, but there are other matters Diamond Resorts owners should consider.
Other Ways to Get Out of a Diamond Resorts Contract
If you’re no longer wanting to use your timeshare or there is a reason you’re unable to use it, then you may be looking for your options. Getting out of a timeshare contract can be a complicated process, so it’s important to know what to expect.
Can I Cancel My Diamond Timeshare?
You may be wondering if you can cancel your timeshare. Generally, you cannot just cancel a timeshare unless you do so within the specified rescission period of your contract. The rescission period varies by state and is dependent on the state where your timeshare is located. Refer to your paperwork, or call your resort to see if this period has already passed. As timeshares are legally binding contracts, you cannot simply walk away from your ownership. Deeded vacation ownership contracts are similar to homeownership contracts. Just like you can’t easily cancel a house deed, getting out of a timeshare contract isn’t always a simple task.
There are timeshare exit companies and cancellation companies that will promise to cancel your timeshare contract. They may contact you out of the blue saying that they can cancel your timeshare or that they have a potential buyer for you. It is an illegal practice for timeshare companies to call unsolicited, so definitely be wary if you receive a random call from an exit company. Also, if someone ever suggests simply to stop paying your maintenance fees, do not listen to them. This is a really bad idea since timeshares are legally binding contracts, and not paying the fees could negatively affect your credit. We suggest you be wary of such schemes because similar to other contracts, timeshare deeds cannot just be canceled.
Exit Your Diamond Timeshare Safely
As we mentioned earlier, the best way to avoid companies that aren’t trustworthy is to make sure they are approved by ARDA. Headquartered in Washington D.C., the team at ARDA works to protect the timeshare industry and its owners from fraud and timeshare scams. For more resources from ARDA, visit their website designed to bring owners resources to responsibly exit their interests.
Before You Sell Your Diamond Timeshare
There are other options that you should consider before you commit to selling your Diamond Resorts timeshare on the resale market. In fact, there may be ways that owning Diamond can benefit you that you maybe didn’t consider before. From taking advantage of all of the member benefits to using your points in a new way, there could be options for you.
Diamond Owner Benefits
Diamond Resorts are known for having amazing amenities and accommodations. That’s why people love returning to their Diamond timeshares year after year! In addition to what the resorts offer, Diamond owners have access to a lot of incredible benefits! Diamond Resorts strives to offer its owners one-of-a-kind vacations. From live concerts to private parties, owners can take part in a ton of unbelievable (and exclusive) opportunities.
Diamond points are used to book vacations, but can also be used to make vacations better! Owners can use their points to book flights or rental cars, which is great when you’re trying to vacation on a budget. In addition, owners can use their points to book cruises! There are guided tours in various cities around the world that only Diamond owners can enjoy. What a great way to experience something new just by using your existing Diamond points!
Since Hilton acquired Diamond Resorts, Hilton’s portfolio of resorts has combined with Diamond Resort’s portfolio to boast over 150 resorts for its owners to travel to. Over time as they continue to merge the two companies together, owners will be able to further enhance their ownership with new resorts and locations.
Rent Out Your Diamond Resorts Timeshare
Did you know you can rent out your timeshare? Perhaps, if you still adore your timeshare but don’t want to use it in the foreseeable future, renting may be a good option for you. We have a rental department ready to help you post your timeshare on our marketplace. We use our resources to find renters for timeshares on our site. The great thing about renting is that you can rent it for a year or two, and it will still be yours when you’re ready to vacation with it again. If renting sounds like an option you would consider, drop a line with our rentals team. They are experts in vacation rentals.
Vacation Exchange
An option that you may not have considered is exchanging your timeshare. Diamond Resorts is an RCI and Interval International affiliated brand. Meaning that when you sign up for a membership with RCI through your timeshare, you gain access to resorts all over the world. Perhaps you want to go somewhere besides your home resort, and now you can. Exchanging can be a great way to add even more value to your vacations. RCI and II have an extensive network of timeshares and resorts waiting to be explored. We recommend considering exchanging your timeshare as an option before you sell. A change of scenery may be all you need!
Sell Your Diamond Resorts Timeshare with Timeshares Only
By posting your Diamond Resorts timeshare for resale with us, we can help market it effectively to the right audience. Our multi-channel marketing strategy helps put more eyes on your timeshare for sale and reach more prospective buyers. We’re also one of ARDA’s featured resellers, so you can rest assured you’re working with the best in the business.
Once you get an offer, our friends at Fidelity Real Estate will contact you (with your permission, of course). They will go over the negotiations and closing process with you in full detail! If you’re ready to post your vacation ownership for sale or rent today, then click on the link below to get started! If you have any questions, give us a call at 1-800-610-2734, or email us at [email protected]. We’re always happy to help!
