Are you a Hilton Grand Vacation timeshare owner and wondering if you can sell your timeshare? The answer is yes, you can.
However, like any other timeshare resale, selling a Hilton Grand Vacation timeshare can be a complex process. In this article, we will discuss everything you need to know about selling your Hilton Grand Vacation timeshare.
Why Do People Sell Their Hilton Grand Vacation Timeshares?
There are various reasons why people decide to sell their Hilton Grand Vacation timeshares. Some of the most common reasons include:
- Financial difficulties
- Change in lifestyle
- Health issues
- Lack of use or interest in vacation ownership
Regardless of the reason for selling, it’s important to understand the process and requirements involved in reselling your Hilton Grand Vacation timeshare.
Can You Sell Your Hilton Grand Vacation Timeshare Back to the Resort?
Yes, you can sell your Hilton Grand Vacation timeshare back to the resort. However, this option is not always available and is often subject to certain restrictions and conditions that vary depending on the resort’s policies.
Resort-Specific Resale Programs
Some resorts have resale programs that allow owners to sell their timeshares back to the resort at a predetermined price or through an agreement with a third-party reseller. For instance, Hilton has an internal resale program called HGVC Resales that helps owners sell their timeshares back to the resort or through licensed brokers.
Rights of First Refusal (ROFR)
Another factor that affects selling your Hilton Grand Vacation timeshare back to the resort is the Right of First Refusal (ROFR) clause. This clause gives the resort first dibs on buying back any units that are being resold. If the resort chooses to exercise the ROFR, they would buy back your timeshare at a price equal to the highest offer you received from a third-party buyer.
Selling Your Hilton Grand Vacation Timeshare on the Resale Market
If you want to sell your Hilton Grand Vacation timeshare on the resale market, there are several steps you must follow.
Determine Your Timeshare’s Resale Value
The first step is to determine your timeshare’s resale value. You can do this by researching recent sales of comparable units in the same resort or through a licensed broker who specializes in timeshare resales.
Prepare Your Timeshare for Sale
Once you’ve determined your timeshare’s value, it’s time to prepare it for sale. This may involve performing any necessary repairs or upgrades, decluttering and cleaning the unit, and ensuring that all maintenance fees are up-to-date.
List Your Hilton Grand Vacation Timeshare for Sale
After preparing your unit for sale, you can list it through various channels such as online marketplaces like eBay or Craigslist, licensed brokers specializing in timeshare resales, or advertising it on social media platforms like Facebook.
The Bottom Line
Selling a Hilton Grand Vacation timeshare requires careful consideration and research. Whether you choose to sell your unit back to the resort or through a third-party buyer, it’s important to understand the process and requirements involved. By following these tips and working with licensed brokers or reputable resale companies, you can successfully sell your Hilton Grand Vacation timeshare and move on to other vacation opportunities.