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Diamond Resorts - Very bad company - BEWARE what is coming!

DRIless

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My maintenace fee in three years went from $900 to $1472

IF ANYONE WANTS A FIXED Beachwoods week 30 2/2 or a week 34 lockout 2/2 your welcome to it. Know the fees will go up forever.
If you are upset also and want to be included in the owners strike... Starting in Las Vegas and going nationwide... Let me know!

Covid is making people unravel and here I am.

So you have TWO 2BR RED weeks, one excellent Wk30 Summer and one very good Wk34 late summer week with MFs of $1472 total? Sounds good to me. I'd take them from you but I'm one of those that have been working the systems for years and that is too expensive for me but a very good deal. Beachwoods used to be a Barrier Island Station resort if I remember and I'm sure it needed improvements when DRI took it over from Gold Key? I went there twice last summer and live only a couple hours away. It was great, five night stay Sun-Thur using points of half of a week. Too bad it's not one of DRI's properties that discount at 60 and 30 days ahead. I'm not sure how you would organize, I've fought them before and lost, they are too big with too many experienced lawyers to go it alone. Good luck.
 

pedro47

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DRILess, what are your feeling on the DRI new DEX Exchange problem?. Is it easy to use. My brother have 18,000 Club Points and liked to exchange with II. What is your gut feeling on this new exchange program?
 

DRIless

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DRILess, what are your feeling on the DRI new DEX Exchange problem?. Is it easy to use. My brother have 18,000 Club Points and liked to exchange with II. What is your gut feeling on this new exchange program?
My personal feelings are that DEX sucks. Way over priced in point values. Way too complicated with Tiers. It's DRI trying to keep everyone "in house." I've paid for continued Interval International membership and it appears that I can still use my DRI points as before.
 

NiteMaire

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Marriott G. Château
HVC Sedona Summit
VVR The Colonies
I must add, that Cabo Azul is undoubtedly the nicest or the DR in the Americas, but Mexico does it up and when you stay at the Grand Luxxe in Mexico, even Cabo Azul starts to look like a 2 star resort.
When you stay at Grand Luxxe, many resorts look like a 2-star resort :)
 

winger

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When you stay at Grand Luxxe, many resorts look like a 2-star resort :)
Oh well, DW refuses to go to Mexico, guess we will never experience Grand Luxxe
 

pierrepierre

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Palace Resorts
Yes. the Resorts Diamond have, are all in pretty good shape. They usually go in, purchase a used, not so successful resort and start the upgrades. The above is true, they usually pick "locations" that are in "desirable locations". That being said, property taxes, payroll and payroll taxes, along with upgrade costs......I understand the costs, but at one point, I believe Diamond was too aggressive in acquiring new properties, therefore constant increases in maintenance fees. It was then I also started to look at "where" the properties were being purchased, and in some areas I think they over-saturated areas, and should have considered a new location. We were always going back to the same location and did enjoy it, but after about 20years, wanting to experience something different and off the main tracks we found Diamond did not deliver for us. With the virus here now and not being as mobile, driving from upper/lower Michigan.....we decided to go thru transitions / Platinum level......and glad we did. Since June when this was final, they now have a higher level.....with less benefits, or the benefits Platinum had earlier. Cannot figure it out......
 

applepie

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Diamond Resorts US Collection
I bought a 3 bedroom lockoff at Beachwoods. My MF's went from $1200 to over $1400 over the last 2 years. I was told by the sales guy that Diamond has been subsidizing the MF's and that the costs are set to go up to over $2,000 -- probably closer to $2,400 by the end of 10 years. There are people out there interested in your resort and the units. It is a nice place to vacation. I couldn't rent a place as cheap as my MF's, and it allows me to visit local family and take friends and family with me.

Offering it on the resale market might be your best option -- especially if you keep the cost low -- like $500 or so. If you are really that dissatisfied, offer it for free and offer to pay the transition costs and escrow fees to get it off of your plate. I think those fees are about $1,000 or less -- similar to transitions.
 

winger

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I bought a 3 bedroom lockoff at Beachwoods. My MF's went from $1200 to over $1400 over the last 2 years. I was told by the sales guy that Diamond has been subsidizing the MF's and that the costs are set to go up to over $2,000 -- probably closer to $2,400 by the end of 10 years. ....
I doubt Diamond is subsidizing the MF's. Now, if they own certain amount of units, they do pay the MF's for those, but I did not consist that "subsidizing" the MF's
 

Fried_shrimp

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My maintenace fee in three years went from $900 to $1472 so this means if you are an owner------ YOU ARE TRAPPED for endless maintenace fee increases. Whatever your bill is now... Imagine it to double in the next four years. I sent the CEO owner Michael Flaskey a nasty letter of what I plan to do the company. We will see where it goes. I will update this soon. Basically if enough of us owners can organize regionally we can get out of the deeds. Their plan is to trap us and if we do not pay--- ruin our credit and force us to run up credit cards paying the bills. Do people just eventually declare bankruptcy or refinance their personal home to prop up their elaborate hoax of a lifestyle they were promising???

Basically if you study what Battery Wharf employees in Boston did to their hotel by declaring a strike- it means if we owners do the same thing they will have to let us out of these bills! Battery Wharf lost millions of dollars and I was there as a random guest. It was only four people walking around making noise. I consider this a war with Diamond Resorts and plan to take a megaphone, loud speaker, and sirens and start declaring them white collar predators which they are. These people sold a $250,000 timeshare to 88 year olds. Then when sued they only gave half the money back. They suck in innocent people in their 20s that do not understand Real Estate and contracts. If you type in all the complaints online it is the same thing over and over again- worthless point programs, increased fees, grandparents everywhere being fleeced.

Us customers should not have to sue them or use some shifty outfit charging $2200-3000 to give the deeds back. I was planning on keeping mine forever but they are too mismanaged. My plan is to get loud and anyone walking into a sales presentation will be WARNED with banners, and other stuff. Then I plan to go to Virginia Beach and put up big black letters on the sand DIAMOND RESORTS hotel SCAM.

I also am considering crashing the golf tournament that the owners love to brag about all over their website by flying a big banner on the back of an airplane with the banner saying: DIAMOND RESORTS white collar Predators This will embarrass their big PR stunt. This company is ripping off famlies and everyone just takes it. Do not underestimate what four or five loud people can do. How much do you think a sales office brings in on a busy Saturday of tours? I will be so loud anyone showing up for a tour will not sign. They will start losing at least $200,000 a weekend? Seems like it would be busiest between 9am-1pm? If you want to add your thoughts let me know. I already ordered my bullhorn on Amazon it should be here in a few days.

IF ANYONE WANTS A FIXED Beachwoods week 30 2/2 or a week 34 lockout 2/2 your welcome to it. Know the fees will go up forever.
If you are upset also and want to be included in the owners strike... Starting in Las Vegas and going nationwide... Let me know!

Covid is making people unravel and here I am.

If you maint fees jumped 50% in 3 year you must be a legacy week owner versus a point owner.

As for sending a nastygram to the CEO with what you plan to do to the company......I find that quite comical.

To note: utilizing a megaphone, loud speaker, or siren would probably violate the law in most places (noise ordiances). Also, you would not be allowed to protest on a Diamond property and I doubt anyone would listen to you standing by the road. Most of what you state you plan to do will most likely land you in jail (crashing golf tournaments and such) but it's your life to live.
 

Fried_shrimp

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Doesn't Diamond have a deedback program? There is a sleazy fee. But it won't hit your credit and is better than paying A LOT more money to some scam timeshare exit outfit that will try to go through the same deed back program on your behalf. Of course, your DRI ownership must be paid in full.

Yes, Transitions. To note though, the property to be transitioned must have been developer purchased. If it is a resale it is not eligible for Transitions.
 

Fried_shrimp

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DRILess, what are your feeling on the DRI new DEX Exchange problem?. Is it easy to use. My brother have 18,000 Club Points and liked to exchange with II. What is your gut feeling on this new exchange program?

The point cost for resorts when it first came out were ridiculous and I vowed I'd never use it. Now, they seem to readjusting the point cost at some locations so MAYBE it will become useful.....if it isn't shut down during the merger.
 

Fried_shrimp

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My personal feelings are that DEX sucks. Way over priced in point values. Way too complicated with Tiers. It's DRI trying to keep everyone "in house." I've paid for continued Interval International membership and it appears that I can still use my DRI points as before.

You only have to worry about the tiers if you are trying to save points into DEX. If you just look for a unit and book it, you don't need to worry about the tiers.
 

Fried_shrimp

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Yes. the Resorts Diamond have, are all in pretty good shape. They usually go in, purchase a used, not so successful resort and start the upgrades. The above is true, they usually pick "locations" that are in "desirable locations". That being said, property taxes, payroll and payroll taxes, along with upgrade costs......I understand the costs, but at one point, I believe Diamond was too aggressive in acquiring new properties, therefore constant increases in maintenance fees. It was then I also started to look at "where" the properties were being purchased, and in some areas I think they over-saturated areas, and should have considered a new location. We were always going back to the same location and did enjoy it, but after about 20years, wanting to experience something different and off the main tracks we found Diamond did not deliver for us. With the virus here now and not being as mobile, driving from upper/lower Michigan.....we decided to go thru transitions / Platinum level......and glad we did. Since June when this was final, they now have a higher level.....with less benefits, or the benefits Platinum had earlier. Cannot figure it out......

Maint fee increases over the last 4 years has not bee bad. 0.81%, 0.84%, 2.4% and 2.9%. Where maint fee increases have been dramatic have been for legacy week owners who have not converted to points.
 

harveyhaddixfan

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So you have TWO 2BR RED weeks, one excellent Wk30 Summer and one very good Wk34 late summer week with MFs of $1472 total? Sounds good to me. I'd take them from you but I'm one of those that have been working the systems for years and that is too expensive for me but a very good deal. Beachwoods used to be a Barrier Island Station resort if I remember and I'm sure it needed improvements when DRI took it over from Gold Key? I went there twice last summer and live only a couple hours away. It was great, five night stay Sun-Thur using points of half of a week. Too bad it's not one of DRI's properties that discount at 60 and 30 days ahead. I'm not sure how you would organize, I've fought them before and lost, they are too big with too many experienced lawyers to go it alone. Good luck.

f5a2bb52ccc26aaccef627834431db16.jpg



It was actually Gold Key that did all of the renovations. There was a large special assessment ($1800-2400, but can’t remember) and GK dumped another $20million into the common areas. The first year GK owned the property it went to $710. The next year with Diamond it was $770 and has only gone up from there. The current budget is set at $7.8m, with $6.1m coming from maintenance fees. Over $1m of that is for “administration” (management fee) and “indirect corporate cost” (another management fee to line the pockets of DRI.) They’ve also added a snack bar at the pool that isn’t self sustaining so that’s another $100k. It’s all just gotten out of hand.
 

Mongoose

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Hyatt Pinion Pointe, HGVC The Bay Club, HGVC Elara, Worldmark
My maintenace fee in three years went from $900 to $1472 so this means if you are an owner------ YOU ARE TRAPPED for endless maintenace fee increases. Whatever your bill is now... Imagine it to double in the next four years. I sent the CEO owner Michael Flaskey a nasty letter of what I plan to do the company. We will see where it goes. I will update this soon. Basically if enough of us owners can organize regionally we can get out of the deeds. Their plan is to trap us and if we do not pay--- ruin our credit and force us to run up credit cards paying the bills. Do people just eventually declare bankruptcy or refinance their personal home to prop up their elaborate hoax of a lifestyle they were promising???

Basically if you study what Battery Wharf employees in Boston did to their hotel by declaring a strike- it means if we owners do the same thing they will have to let us out of these bills! Battery Wharf lost millions of dollars and I was there as a random guest. It was only four people walking around making noise. I consider this a war with Diamond Resorts and plan to take a megaphone, loud speaker, and sirens and start declaring them white collar predators which they are. These people sold a $250,000 timeshare to 88 year olds. Then when sued they only gave half the money back. They suck in innocent people in their 20s that do not understand Real Estate and contracts. If you type in all the complaints online it is the same thing over and over again- worthless point programs, increased fees, grandparents everywhere being fleeced.

Us customers should not have to sue them or use some shifty outfit charging $2200-3000 to give the deeds back. I was planning on keeping mine forever but they are too mismanaged. My plan is to get loud and anyone walking into a sales presentation will be WARNED with banners, and other stuff. Then I plan to go to Virginia Beach and put up big black letters on the sand DIAMOND RESORTS hotel SCAM.

I also am considering crashing the golf tournament that the owners love to brag about all over their website by flying a big banner on the back of an airplane with the banner saying: DIAMOND RESORTS white collar Predators This will embarrass their big PR stunt. This company is ripping off famlies and everyone just takes it. Do not underestimate what four or five loud people can do. How much do you think a sales office brings in on a busy Saturday of tours? I will be so loud anyone showing up for a tour will not sign. They will start losing at least $200,000 a weekend? Seems like it would be busiest between 9am-1pm? If you want to add your thoughts let me know. I already ordered my bullhorn on Amazon it should be here in a few days.

IF ANYONE WANTS A FIXED Beachwoods week 30 2/2 or a week 34 lockout 2/2 your welcome to it. Know the fees will go up forever.
If you are upset also and want to be included in the owners strike... Starting in Las Vegas and going nationwide... Let me know!

Covid is making people unravel and here I am.
I loved my 3 BR LO at Mystic Dunes until Diamond acquired it. Yes they do nice renovations and build a nice resort, but the culture is toxic. They never failed to ruin a great stay. We sold.
 

Fried_shrimp

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I loved my 3 BR LO at Mystic Dunes until Diamond acquired it. Yes they do nice renovations and build a nice resort, but the culture is toxic. They never failed to ruin a great stay. We sold.

Do you mean the sales culture? I've never had any issues with the resort staff at MD, only sales staff.
 

Mongoose

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Do you mean the sales culture? I've never had any issues with the resort staff at MD, only sales staff.
Yes. They were on an entirely different level of rude and insulting. Although the front desk is also pretty bad. I stayed at a location on a business trip, purchased on priceline and they tried to add in all these extra fees that were part of the purchase.
 

Fried_shrimp

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Yes. They were on an entirely different level of rude and insulting. Although the front desk is also pretty bad. I stayed at a location on a business trip, purchased on priceline and they tried to add in all these extra fees that were part of the purchase.

I have only stayed on my Diamond points so I've never had to deal with resort fees. Yes, MD is known for having a "rough" sales center. Once someone learns to play the game it can be kind of fun though. ;)
 

Mongoose

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I have only stayed on my Diamond points so I've never had to deal with resort fees. Yes, MD is known for having a "rough" sales center. Once someone learns to play the game it can be kind of fun though. ;)
I hear you, but not my idea of a vacation.
 

Fried_shrimp

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I hear you, but not my idea of a vacation.

I actually do a lot of my updates with Diamond after I have already checked out. Since I still work and live close to many Diamond resorts, I do a lot of 2 night weekends and as part of accepting an update, I request a late check out on Sun (1200) and then go to the update (usually 1300). So quite often, I'm not using a minute of vacation time and walk out with at least $200. Even if I do one during a vacation, I'm usually out in 45-60 min and have had a good time chatting with the sales person because they second they look at my folder, they know it's a lost cause selling me something. A few try to give me a hard time or BS me with some supposed new benefit but I can shut that down right quick. I do enough updates in a normal (non-Covid) year that Diamond covers about 25% of my annual $9k+ maint fees. ;)
 
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