Hello
guitarfish,
Hilton Grand Vacations(
HGVC) is a point-based timeshare ownership and even though the timeshare may be deeded in Las Vegas, the ownership can be used at any of the
HGVC resorts, based on availability.
HGVC ownership does enable an owner to do a lot, as your brother explained. According to the
HGVC website,
Quote:
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not only can an owner of a HGVC timeshare visit any one of over 2,800 Hilton Family of Hotels worldwide, but also 3,700 exchange opportunities across the globe and a variety of unique adventure and cruise travel options.
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So, your brother is right about the flexibility and versatile options
Hilton Grand Vacation timeshare ownership offers. As for the price he is offering verses what you're finding on the resale market and the variance between what one owner wants when compared to another, that's just the nature of timeshare resale market. Unlike traditional real-estate, timeshare is considered to be more of a luxury item than a financial investment.
The similar question raised by
bagpiper regarding the variance in price seen when searching the secondary market for timeshare can be explained similarly, but I would also urge any potential timeshare buyer to closely examine the 'Ad Listing' to be sure that what's being compared is indeed identical. Sometimes, there can be subtle differences that are not initially noticed. Such differences can be the amount of points awarded/deeded each year and/or the rights of use being annual, biennial, or even triennially(Every 3 years). Also, keep in mind that the timeshares you see being advertised could be, in reality, different than the way the owner is presenting them, so inquire to find out that what is being advertised is actually what is deeded.