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Re: Selling Diamond Resorts Timeshare (by Don P.):

Just to touch on a few points in these posts I would like to add my personal view. I have been an owner of several timeshares over the years. I first bought into a timeshare in the early 80's when they concept was new. My first timeshare was a 13 year contract for use. I paid my fees and enjoyed my stays.

I then bought three timeshares over the years. I used one in Las Vegas for my trips there and not to exchange. I still own that one. I bought the other two for exchanging. I used them for many years and had great trips. Then the industry changed. RCI was bought out by Cendant and they started selling the prime locations and weeks on the open market depriving owners of those exchanges.

I finally decided to get rid of the two timeshares that I used for those exchanges. I kept the Las Vegas property for my personal use and I love it. It's owned and managed Tricom and they keep the maintenance fees down and the property well maintained.

I have seen this industry become taken over by corporate greed and I believe DRI is at the top of the list of the greed in the industry. They seem to be creating an empire at the expense of the owners.

I still believe that timesharing is a good concept if it is run by the principles that originally started the indsutry but unfortunately that is changing. There are many satistied customers but also many people that want out of their contracts.

That is the problem. There is no exit stradegy for people who no longer can or want to pay for the ever increasing maintenance fees and assessments. Everyone has to make their own decissions when buying into the industry but when the rules change after you purchase your unit then you should be given the opportunity to opt out and that is what has to be addressed.

I enjoy the open discussion and encourage everyone to keep airing their views.