Original Message:
What is the industry doing about the secondary timeshare market? (by Jeffrey W.):
Diamond is very aggressive in selling points but not very interested in getting them back. My personal perspective, as a Diamond owner, is that they are purely focused on retail sales, not buy-backs. That may change over time as more and more owners seek to find a way out of the program. Only way to test this is to call Diamond directly and inquire about selling back your points. At the same time, I would list them on redweek.com to see if there is any interest. If you don't get any nibbles, suggest you try listing your points with a reputable licensed resale broker. They will give you straight information on whether they can sell your unit. Best part is, they only get a commission if it sells.