Ready to get your Diamond Resorts timeshare off your hands? Although timeshares are meant to be a lifelong commitment, there may come a day when you can no longer get away like you used to. Or, rather, maybe you can no longer afford the timeshare maintenance fees. Whatever your reason for considering how to get out of Diamond Resorts timeshare, know that you’re not alone. The licensed experts at Fidelity Real Estate are here to help. In this blog, we’ll walk you through how to sell Diamond Resorts timeshare and complete a successful sale on the resale market. Moreover, we’ll help you understand why you should avoid timeshare exit companies and why a reputable resale company is the best way to sell your Diamond timeshare. Let’s dive in!
Before You Sell Diamond Resorts Timeshare
Diamond timeshare owners are used to spectacular vacations at top resort destinations around the U.S., Europe, and Canada. But after years of travel, you may feel as if you’ve gotten everything out of your ownership with Diamond Resorts. Before you sell your timeshare, you should consider all of your options. There are many ways to breathe new life into your vacation ownership! Diamond Resorts’ mission is to give owners a timeshare experience like no other. So, there are many benefits to being a Diamond member and a few different ways owners can use their points!
Diamond Resorts Acquired by Hilton Grand Vacations
If you didn’t already know, Diamond Resorts was acquired by Hilton Grand Vacations (HGV) in 2021. But what does this mean for you as a Diamond owner? Though Diamond is now a part of HGV, this does not mean Diamond owners now have full access to Hilton’s expansive portfolio. However, if you’ve been growing tired of the Diamond portfolio, you may consider upgrading to Hilton Grand Vacations ownership and accessing HGV Max resorts, which is a combined portfolio of Diamond and Hilton resorts.
HGV Max resorts have worldwide locations in Las Vegas, Hawaii, Cabo, Colorado, California, the Caribbean, and more. Max owners also enjoy exclusive booking windows, the ability to convert points to Hilton Honors points, and customizable vacations. So, if you’re tired of your resort portfolio and want to broaden your vacation horizons, consider upgrading to HGV Max for an initiation fee.
Benefits for Diamond Resorts Owners
Before you sell Diamond Resorts timeshare, consider any benefits you’ve yet to take advantage of and/or will lose by selling your timeshare. In addition to the world-class accommodations and amenities at Diamond Resorts timeshare properties, owners can access one-of-a-kind benefits simply by using their points. Diamond focuses on the owner’s vacation experience and is well-known for providing incredible entertainment options. These exclusive concerts, parties, and events make Diamond ownership unique, and members should take advantage of them!
Beyond those events, Diamond owners can use their points to book select cruises. So, instead of staying at your home resort each year, you can book a cruise! This is a great way to keep your vacations with Diamond fresh and exciting! Points can also be used to book flights and rental cars, which takes away some of the stress when booking trips. Once you’re on vacation, you can enjoy exclusive guided tours. This is an amazing benefit and can make each vacation unique. So, before you consider how to get out of Diamond Resorts timeshare, make sure you’ve made the most of these exciting, vacation-enhancing experiences.
Bank Your Diamond Points
If you want to take a year off from traveling, you have options. Just because you cannot travel for a year doesn’t mean you have to sell Diamond Resorts timeshare points. In fact, Diamond allows owners to save 100 percent of their points if they elect to do so by a specific date. As the year goes on, owners can bank a smaller percentage of points. So, bank your points as soon as possible if you don’t plan on traveling. This also allows you to save up points for a more luxurious trip next year. Moreover, if you want to upgrade your vacation by one year, you can borrow points from your allotment for the following year. This is a great way to make a trip memorable and to keep vacation ownership exciting.
Try Vacation Exchange with Interval International
There’s one more perk to consider before you sell Diamond Resorts timeshare: vacation exchange! If the lack of travel freedom and diversity is why you want to walk away from ownership, then vacation exchange may be the answer. Before trying to figure out how to get out of Diamond Resort timeshare, consider being a member of Interval International (II). Interval International is one of the top vacation exchange networks in the world, with over 3,200 resorts in over 90 countries worldwide.
Since Diamond Resorts is an affiliate of II, owners can sign up to join the network and start exchanging! Simply upload your Diamond points to Interval International’s network, then choose your next getaway! You can book vacations outside of Diamond’s catalog with II, including resorts with top brands like Marriott Vacation Club, Hyatt Vacation Club, Holiday Inn Club Vacations, and more. So, you don’t have to sell your timeshare to experience new destinations or timeshare brands. Many owners love the new opportunities for travel made possible by companies like Interval International.
How to Get Out of Diamond Resorts Timeshare
Undoubtedly, there may come a time when you’re ready to sell your Diamond timeshare. If you’re here to learn how to get out of Diamond Resorts timeshare, we can help. Selling your Diamond timeshare doesn’t have to be a complicated process, especially with a reputable company like Fidelity by your side.
Take Advantage of the Rescission Period
Many owners are curious about how to cancel their timeshare contracts. It’s important to note that timeshares are usually deeded properties or ownerships that are contractual. Just as you can’t cancel a house deed, you cannot simply cancel a timeshare deed. However, if you have just recently purchased your Diamond timeshare, you may still be within your rescission period. This is a specified period of time following the purchase of your timeshare, during which you may cancel your timeshare contract without penalty. This period typically lasts between three and fifteen days, depending on your state. So, if you think you may still be in your rescission period, act fast and contact your developer as soon as possible.
Is Cancellation Still Possible After the Rescission Period?
Even if you’re behind on payments, there are still options to address your Diamond Resorts International timeshare. If your rescission period has passed, you won’t be able to simply “cancel” the contract as you might with a recently purchased timeshare. Instead, you’ll need to follow a different route, such as working directly with your developer or selling your Diamond Resorts timeshare on the resale market. In some cases, discussing your circumstances with the developer can lead to solutions that protect your credit and help you responsibly exit your ownership.
When Is the Best Time to Start?
Timing is everything when it comes to saying goodbye to your Diamond Resorts International timeshare. The earlier you begin the process, the more options you’ll have—especially if you act within the rescission period. Acting quickly not only helps you potentially avoid additional fees and obligations, but it may also make the entire exit smoother and less stressful.
If you’re seriously considering saying goodbye to your timeshare, don’t wait for maintenance fees or annual dues to pile up. Start exploring your options as soon as possible, whether that means reaching out to the developer for assistance or investigating the resale market. Acting promptly puts you in the driver’s seat and gives you a more straightforward path forward.
How Long Does It Take to Cancel a Diamond Resorts International Timeshare?
The timeline for ending your Diamond Resorts timeshare varies based on your unique circumstances. For some owners, the process can be resolved in as little as a few weeks or months, while for others it might take longer.
Several factors can influence how long it takes, including:
- How many timeshare contracts you have
- Your current payment status
- How long you’ve owned your timeshare
- The specific steps you’ve already taken toward cancellation
Generally, if you’re early in your ownership or your account is in good standing, things may move more quickly. If multiple contracts are involved or there are outstanding balances, the process can take longer. Staying proactive and keeping open communication with your developer or resale company often helps smooth the path and speeds things up.
Contact Your Developer
For timeshare owners looking to sell, we always recommend calling the developer first. Since Diamond is now a part of Hilton, Diamond owners should call Hilton Grand Vacations for guidance to sell Diamond Resorts timeshare. Developers like Hilton care for their owners and want to help them either fall back in love with their ownership or exit it responsibly. Even if you’ve fallen behind on payments, it’s worth calling Hilton. Although Hilton does not offer a buy-back program, they can provide professional guidance on your unique situation, help you avoid timeshare resale scams, and refer you to their Featured Reseller, which happens to be us, Fidelity Real Estate! If Hilton cannot work with you, be sure to call us at 1-800-465-5188 to receive a free consultation about the future of your timeshare ownership.
Tips for Communicating With Your Developer
When you reach out to Hilton Grand Vacations (or any developer), keep these best practices in mind to ensure your concerns are heard and your interests are protected:
- Put It in Writing: Start your communication in writing and clearly express why you want to cancel or sell your timeshare before making phone calls or submitting online forms. This helps create a paper trail and keeps your message focused.
- Wait for a Response: Don’t agree to speak with anyone until your initial concerns are acknowledged. This keeps the process on track.
- Be Factual and Objective: Stick to the facts and be reasonable about your expectations. Developers are more likely to work with you if you present your case logically.
- Evaluate Offers Carefully: If you receive an offer or resolution, take your time to review it and consider your options.
By following these steps, you can approach the process with confidence and clarity—whether you ultimately work things out with Hilton or decide to move forward with selling through a trusted reseller like Fidelity.
Potential Challenges of Working Directly With Diamond Resorts
If you’re considering reaching out to Diamond Resorts International (now part of Hilton Grand Vacations) to cancel your timeshare, it’s important to navigate this step with your eyes wide open. While it might sound straightforward, there are a few hurdles that owners often encounter during this process.
First, keep in mind that companies like Diamond are ultimately focused on protecting their interests and maintaining their owner base. As such, canceling your contract isn’t just a quick email or phone call away—especially since timeshare agreements are legally binding. In many cases, the developer may steer the conversation toward solutions that benefit them, such as encouraging you to purchase more points or upgrade your ownership rather than letting you go.
Here are some key challenges and risks to consider:
- Limited cancellation options: Most developers—Diamond included—do not offer straightforward contract cancellations after the rescission period. Instead, you may be offered options like ownership transfers or internal exit programs that don’t truly release you from all obligations.
- Communication pitfalls: Written communication is always advisable. Phone calls can be less reliable for documentation, and verbal promises can be hard to verify later. Always keep a paper trail of every step.
The bottom line: It’s worth speaking with the developer to understand your options, but be prepared for a process that may not be as simple as you hope. Gather all necessary documentation, keep your records organized, and stay focused on your original intent throughout the discussion. If you ever feel overwhelmed or uncertain, reputable companies like Fidelity Real Estate are here to help you explore every path forward.
How to Exit Your Diamond Resorts Contract (Responsibly)
If you’ve been searching for information on how to get out of Diamond Resorts timeshare, you’ve probably come across the term “timeshare exit team.” These sketchy teams are typically made up of lawyers and will generally charge a hefty fee to “cancel” your timeshare. As we mentioned before, timeshares are not something you can just cancel. If you receive assistance from a timeshare exit team, please be careful. Timeshare exit companies are a common scam, often resulting in a significant loss of money and suffering when they either take your money and disappear or fail to “exit” your timeshare contract.
What to Watch Out for with Timeshare Exit Companies
When considering a timeshare exit company, it’s crucial to proceed with caution. While there are reputable organizations out there, like Fidelity Real Estate, the industry has bad apples. Here are a few guidelines to help protect yourself:
Manage Expectations: Understand that exiting your timeshare can take time and may involve costs. Be skeptical of anyone promising an instant, guaranteed solution.
Look for Accreditation: Seek out companies that are accredited by respected organizations like the Better Business Bureau (BBB). This can provide peace of mind and indicate a level of credibility.
Avoid Upfront Fees: Be wary of companies demanding large upfront payments. Legitimate companies should be transparent about their pricing and may offer services with minimal or no upfront costs.
Check Reviews and Complaints: Before engaging with any company, look up reviews and complaints on sites like the BBB. This research can reveal red flags or patterns of unethical behavior.
Do Your Homework First: Don’t set up consultations or meetings until you’ve thoroughly researched the company. Verify their reputation and track record before sharing any personal information.
Transparent Pricing: Reputable companies typically make their fees publicly available. If you can’t find clear pricing, proceed with caution.
Consulting ARDA is the best way to confirm that you’re working with a trusted source when trying to exit your timeshare. The American Resort Development Association is the trade association that represents the vacation ownership and resort development industry. It seeks to provide owners and developers with honest and valuable resources to make the vacation industry safe and ethical for everyone. In addition, ARDA has a full suite of resources for owners who want to exit their timeshare responsibly. Visit ResponsibleExit.com to view brands and companies that support the honest exit of timeshares.
Understanding the Costs to Cancel Diamond Resorts International timeshare (now part of Hilton Grand Vacations)
When it comes to canceling a Diamond Resorts International timeshare (now part of Hilton Grand Vacations), the costs can vary based on the path you choose. If you’re still within your rescission period, you can cancel at no cost—just be sure to act quickly.
However, if that window has closed, typical expenses may include:
- Developer or Association Fees: Some developers may charge a processing fee or require settling outstanding payments before facilitating an exit.
- Resale Brokerage Commissions: Working with a licensed real estate brokerage like Fidelity Real Estate usually involves a commission or service fee, but reputable companies are upfront about these costs. We’ll never charge you to list your timeshare.
- Third-Party “Exit Company” Fees: If you turn to a timeshare exit company, be cautious. These companies often charge thousands of dollars upfront and offer no guaranteed results. Worse, as the American Resort Development Association (ARDA) warns, some may engage in fraudulent activities.
We always recommend using trusted resources, such as ARDA’s ResponsibleExit.com, to find reputable organizations with transparent pricing. Before making any decision, get a formal quote in writing and avoid making any payments until you fully understand the terms.
Selling Your Diamond Resorts Timeshare: What You Need to Know
If you’re considering selling your Diamond Resorts timeshare, you’re not alone—many owners reach this crossroads at some point. Before jumping in, it’s important to understand what impacts the sale process, and what you can realistically expect.
Factors That Influence Your Timeshare’s Marketability
Not every timeshare sells the same way, and a few key details make all the difference:
- Ownership Type: Do you hold a points-based membership or own a fixed week? Points packages often appeal to a broader range of buyers due to their flexibility, but fixed weeks in high-demand seasons or locations can also attract attention.
- Location and Timing: Is your week set in a prime vacation spot—think Orlando, Las Vegas, or Maui? Peak vacation weeks tend to be more desirable.
- Point Allotment: For those with points, owning enough to book popular resorts or higher-tier accommodations is a significant advantage.
- Outstanding Balances: It’s best that your timeshare is paid off before hitting the resale market, though it’s not always required.
- Transfer Fees: There are typically transfer fees charged by Diamond Resorts, so it’s wise to factor these into your plans.
Understanding the Resale Market
While your timeshare might not sell for what you bought it for, a bit of research goes a long way. Carefully evaluate your contract details, explore multiple resale avenues, and be mindful of third-party services that require hefty upfront fees—some prioritize their profits over your success. Reputable real estate brokerages, like Fidelity Real Estate, specializing in timeshare resales, can provide guidance and help you navigate the process, often handling the paperwork and transfer logistics so you can move forward with confidence.
Remember, patience is key—it may take time to find the right buyer. And during this period, keeping up with annual maintenance fees is still your responsibility.
If you’re determined to sell, take these factors into consideration to set yourself up for a successful (and stress-free) transition out of your Diamond Resorts ownership.
Our Process to Sell Diamond Resorts Timeshare
Listing your Diamond Resorts timeshare for sale is easy with Fidelity. As a licensed real estate brokerage, we can help you list your timeshare for sale and guide you through the title transfer and closing process.
- If you are ready to sell Diamond Resorts timeshare, call us at 1-800-465-5188 or email [email protected] for a free consultation. If you accept our services, we’ll create a listing for your Diamond timeshare and provide insight into appropriate pricing for your ownership. Let us do the research for you, or set the price yourself! We recommend researching what ownerships similar to yours are selling for.
- We’ll get the eyes of prospective buyers on your interest, then contact you immediately upon getting an offer. We will discuss the details with you and help facilitate negotiations on closing fees, transfer fees, commissions, etc. Once finalized, Fidelity will write up the contracts and have them securely signed via the DocuSign website.
- Resort developers have the Right of First Refusal (ROFR), which means that Hilton can review the resale of their timeshare and step in as the buyer under the current terms of sale. If they waive the ROFR, your sale with Fidelity can continue.
- After that, we’ll recommend a trusted title company that will transfer the title out of your name and into the new buyer’s. Once the title is transferred, we recommend contacting your developer to confirm that the vacation club membership is out of your name. You should not stop paying fees on your timeshare until you confirm this with the developer! Then, you’re free from ownership.
How to Sell Your Diamond Resorts Timeshare Without Upfront Fees
You should never have to pay an exorbitant fee to list your Diamond timeshare. When you work with a trustworthy brokerage like Fidelity, expect zero upfront fees to sell Diamond Resorts timeshare. In fact, we don’t get paid until you do! Watch our video to see how you can avoid upfront fees when selling your timeshare.
How Long Does It Take to Sell a Diamond Resorts International Timeshare?
Naturally, one of the most common questions owners have is how long it takes to successfully sell a Diamond Resorts International timeshare. The answer depends on several factors, and no two resale situations are exactly alike.
The timeline to sell can be influenced by:
- The type and location of your timeshare: High-demand weeks and popular resort destinations generally attract buyers more quickly.
- How you price your ownership: Listings priced competitively—aligned with similar resales—tend to sell faster. Some owners opt to price aggressively, even as low as $1, to encourage more buyer interest, though this isn’t always necessary.
- Market conditions: The number of buyers in the market and general demand for timeshares like yours can impact the process.
- Whether you cover transfer fees: Offering to pay for closing costs or transfer fees can make your listing even more appealing.
Even with attractive pricing and incentives, it’s important to set realistic expectations. Most timeshare resales don’t sell overnight; it can take days, weeks, or several months to connect with the right buyer. Patience is key, and partnering with an experienced brokerage can help you navigate the process smoothly.
Sell Diamond Resorts Timeshare with Fidelity Real Estate
So, are you ready to sell Diamond Resorts timeshare? Then, work with the experts at Fidelity Real Estate. We have over 20 years of experience in the industry, helping owners like you get their ownerships off their hands. Our licensed real estate agents have the knowledge and skills you need to enjoy a safe and secure sale process. Get started today by filling out the online form below. For questions or concerns, give us a call at 1-800-465-5188 or email [email protected].
