Within the timeshare industry, there are various companies wanting to sell you on their resort catalogue. When you choose your perfect resort, you will need to go through the process of finalizing your purchase. Hilton Grand Vacation Club is one of the premier vacation clubs available, and may very well be the club you choose, so learning more about the HGVC sales process could save you thousands of dollars once you are in the ending stages of looking for your timeshare purchase.
Shopping For The Right Property
With such an extensive amount of properties available to you, you will want to take some time to shop around for which one most appeals to you. Within our resort directory you can find a full list of Hilton properties to see if any stand out. Once you settle on a location, it is good practice to then determine how many points you might need.
This can be done by using Hilton points charts in conjunction with the resort directory to see how many points are needed to go to the resorts or locations that interest you most. Be sure to account for which season you would normally travel in, which has bearing on the reservation’s cost in points. It can be a good idea to consult with a knowledgeable Hilton broker.
Resale Brokers
If you are contacting resale brokers, you may deal with competitive pricing, so at times properties or weeks can go fairly quickly. Due to this competitive turnover, you may be tempted to jump on an offer before being completely sure it is something that works best for you. However, it is best to ensure that it is a property that is most conducive to your travel habits and your desired location and time of the year.
Closing
Once it is in the final stages of your transaction, you will need to close the deal. More often than not, a third-party closing company will play a major role in making sure the transaction ends smoothly and both parties have been provided with necessary compensation. Both parties will sign a purchase agreement. The buyer will send payment, and the seller will send over any necessary paperwork and contracts for the buyer.
At this time, it may be a good idea to have a lawyer review any documents prior to signing, however if you are working through a closing company they normally have in-house lawyers that will review and legitimize any documents passed between the two parties. With a closing company, they will also take the necessary measures to ensure that the seller is legitimate and the title is clean and able to be transferred. In addition, a closing company would keep the buyer’s funds in escrow until all necessary transfer paperwork had been reviewed and completed.
By having a more robust understanding of the Hilton sales process, you can be better prepared to shop for your ideal property, and know what to expect when choosing to become an HGVC owner. If you have any additional questions about Hilton’s sales process, feel free to contact us to speak with any of our licensed agents.
