How Hilton Grand Vacation Club Resales Work on the Secondary Market

7
Hilton Grand Vacation Club Resales Save Thousands On Your Dream Vacation Experience

description

Hi, My name is David Van Norman. I’m a licensed agent with Selling Timeshares, Inc. and today I’m here to chat with you about Hilton Grand Vacation Club Resales and how you can achieve the vacations you’ve been dreaming of but didn’t know you could afford. So let’s take a look… What’s Hilton Grand Vacations Club? HGVC was founded in 1992 as a subsidiary of Hilton Worldwide, and this unique vacation club seeks to maintain what the Hilton brand is famous for: no-compromise, high-end hospitality. You’ll have access to over 45 Hilton timeshare resort locations and with the Hilton brand’s global reach… You can count on luxurious resorts in the most sought-after locations with reasonable prices. HGVC’s revolutionary points-based system affords you unparalleled flexibility by letting you choose different times of the year as well as your location and length of stay. What Is An HGVC Resale? When an existing owner wants to sell, they will list their ownership with a Licensed Broker. The broker will market the account and earn a commission from the seller once they have successfully sold the ownership. As the buyer, you won’t have to pay the broker’s commission. Keep in mind, resale ownerships are sold at current fair market value. This means that ownerships sold on the secondary market can be sold for up 50% less than what they are sold for at the presentations, making HGVC a much more affordable way of traveling. How Does Resale Work? Once you find the ownership you want, you’ll submit an offer and the broker will voice it to the seller. The seller can then choose to decline, counter or accept the offer. If the seller accepts the offer, contracts are signed and the Right of First Refusal process is started. Tell Me More About Right of First Refusal Hilton has the right to be the first to refuse the sale. This means the broker will submit the purchase agreement to Hilton and they will have the right to purchase the timeshare directly from the seller. If the price is deemed to be fair based on recent market activity, Hilton will not exercise their right to purchase the ownership. This is why it’s extremely important to work with a knowledgeable Hilton reseller, to ensure your purchase can be successfully transferred. The price that Hilton will buy a property back for is based on the resort in question and it’s recent market activity. Any good Hilton broker can help you understand whether or not your transfer will go through based on what they’ve seen Hilton buy your resort back for recently. The Right of First Refusal process is in place to maintain long-term value for Hilton’s owners. If an ownership is sold for below fair market value, Hilton will simply purchase the ownership back. This encourages buyers to pay a fair price for the ownership, and has historically been very effective at maintaining resale values.

Transcript of How Hilton Grand Vacation Club Resales Work on the Secondary Market

Page 1: How Hilton Grand Vacation Club Resales Work on the Secondary Market

Hilton Grand Vacation Club Resales Save Thousands On Your Dream Vacation Experience

Page 2: How Hilton Grand Vacation Club Resales Work on the Secondary Market

What’s Hilton Grand Vacations Club?

✤ No-compromise, high-end hospitality!

✤ Over 45 Hilton timeshare resort locations!

✤ Global coverage with reasonable prices!

✤ Revolutionary points-based system

Page 3: How Hilton Grand Vacation Club Resales Work on the Secondary Market

What Is An HGVC Resale?

✤ When an owner wants to sell, they will list their ownership with a Licensed Broker!

✤ The broker will market the account and earn a commission from the seller!

✤ Resale ownerships are sold at current fair market value

Page 4: How Hilton Grand Vacation Club Resales Work on the Secondary Market

How Does Resale Work?

✤ Once you find the ownership you want, you’ll submit an offer and the broker will voice it to the seller!

✤ The seller can decline, counter or accept!

✤ If the seller accepts the offer, contracts are signed and the Right of First Refusal process is started

Page 5: How Hilton Grand Vacation Club Resales Work on the Secondary Market

Tell Me More About Right of First Refusal

✤ Hilton has the right to be the first to refuse the sale!

✤ Work with a knowledgable reseller!

✤ Maintains long-term value for owners

Page 6: How Hilton Grand Vacation Club Resales Work on the Secondary Market

What’s the Benefit of Resale?

✤ Vastly reduced price!

✤ Ability to select the resort that’s best for you!

✤ Pressure-free experience

Page 7: How Hilton Grand Vacation Club Resales Work on the Secondary Market

Contact Us

✤ Visit www.sellingtimeshares.net/contact!

✤ Feel Free to Give Us A Call at 917-482-8347!

✤ Licensed Agents Are Standing By