Last updated September 6th, 2022
If you own a Hilton timeshare and you’d like to get rid of it, you’ve come to the right place. Here at TimeshareExitCompanies.com, we provide advice to timeshare owners who are looking to get rid of their vacation ownership. We do not cancel timeshares ourselves. Instead, we provide guidance to help timeshare owners avoid scams.
Many timeshare owners believe their timeshare is the similar to real estate and increases in value over time. This leads many owners to believe that their timeshares will easily be sold on the resale market for more than what they originally paid. The reality is that most timeshares typically drop in value the second they are purchased from a resort developer directly. Some owners can’t even give their timeshares away for $1. Do a search on Ebay for “timeshare” and you’ll see several for sale for $1 with no bids and no buyers.
When you buy a timeshare from a resort developer like Hilton directly, the cost of the timeshare is increased to cover things like sales commissions, free gifts, sales facilities and more. $1 Hilton timeshares for sale on Ebay and Craigslist are being advertised by existing timeshare owners who simply want to get rid of a Hilton timeshare to stop their maintenance fees. These owners don’t have the same overhead as a resort developer.
Other Options To Cancel Hilton Timeshare
Some timeshare owners choose to contact a third party timeshare exit company to assist them with their timeshare cancellation because they heard about these companies on TV and radio commercials, Dave Ramsey and more. These companies exist for timeshare owners who own at resorts that do not offer a deed back or take back program. Hilton timeshare owners should call Hilton first to see if a deed back or take back program is available.
If you’d like to try your hand at selling, we’d recommend advertising the timeshare for sale on sites like Ebay or Craigslist. Avoid companies that want to charge a high up-front fee to sell your timeshare, as these are usually scams.
You could also try using a timeshare broker to sell the timeshare, but this might be difficult. Timeshare brokers work on a commission basis and can not charge up-front fees. If the Hilton timeshare is being advertised for $1, the timeshare broker will not receive a commission in the unlikely event that the timeshare sells. Timeshare brokers will usually only want to work with high value timeshares and vacation clubs. It’s simply not worth their time to work in low-value or free timeshares.
If none of these options work for you, a timeshare exit company may be a viable next step. If you choose to work with a timeshare exit company, we recommend working with one that offers an escrow payment option so the timeshare exit company is not paid in full until after the timeshare is cancelled. Learn more about escrow and why it’s important here.
If you’re still wondering how to cancel your timeshare, submit a contact form on the right side of the page or initiate live chat in the bottom right corner for a free consultation.