Marriott Grand Vista 2br lockout will $5500 get though the ROFR

[buildsmart]

Still Waiting

I am still waiting to hear back from Marriott on the FROR for my $5500 offer for the 2BR Platinum at MGV. I am really frustrated!!!
Signed my offer April 7th

 

[PamMo]

Who did you purchase from? There are some pretty awful eBay sellers who string buyers along, and never send the ROFR paperwork in. Hopefully, you didn't buy from one of them.

 

[buildsmart]

I purchased from a broker who was recommended by other TUG members.

 

[taterhed]

Well, the broker works for you.

Ask to see, today, the dated submission to Marriott. If it's been over (30?) the RoFR period for MGV/MGR, then your contract is waived.

Don't let them fool you. It's a legal thing, not a convenience.

If your broker can't provide you with an answer, let them know that you'll be glad to share their lack of action/lack of information with your friends here on TUG.

JMHO.

you'll get an answer today I bet.
I don't mean to sound grumpy. I went thru the same thing. Sometimes I think they like to save you the pain of knowing that your 'signed and accepted' contract wasn't submitted to Marriott on the day you thought it was... You can't force the seller to send it back instantly.

And, apparently, timeshare-time bears a lot in common with island-time.

 

[samara64]

I am waiting on an offer that was submitted to my broker on the 14th and did not go to Marriott until the 21st. Turns out they have almost a week of papers going back and forth before they submit. My offer is $5500 for MGV platinum 2br so my offer may be iffy. Marriott tries to frustrate private purchasers by dragging the process out, from what I am told.

I think it was done on April 21. Still it should be back by now. Maybe this week.

 

[buildsmart]

Well, the broker works for you.

Ask to see, today, the dated submission to Marriott. If it's been over (30?) the RoFR period for MGV/MGR, then your contract is waived.

Don't let them fool you. It's a legal thing, not a convenience.

If your broker can't provide you with an answer, let them know that you'll be glad to share their lack of action/lack of information with your friends here on TUG.

JMHO.

you'll get an answer today I bet.
I don't mean to sound grumpy. I went thru the same thing. Sometimes I think they like to save you the pain of knowing that your 'signed and accepted' contract wasn't submitted to Marriott on the day you thought it was... You can't force the seller to send it back instantly.

And, apparently, timeshare-time bears a lot in common with island-time.

I think the hold up may be the title company. They submitted to Marriott a week after I signed my offer.
The broker has been very helpful.

 

[GrayFal]

My waiver for Aruba Surf Club was submitted 3 weeks ago tomorrow, still waiting to hear back. Closing company on top of it so the hold up is on Marriott's ends.

 

[taterhed]

I think the hold up may be the title company. They submitted to Marriott a week after I signed my offer.
The broker has been very helpful.

Good, I've had great luck with them so far.

Hard to be patient though....can't wait.

good luck!

Start strategizing about what week(s) to book/deposit/split/trade!

 

[samara64]

2BR Willow Ridge Plat even year went for $2001

Prices are going up for sure.

2BR Willow Ridge Plat even year went for $2001 on eBay. It used to be almost for free with no ROFR exercise.

[Link disabled to stop the appearance of ads in the public forums.]

&

Also there is a canyon village plat EEY ending in 2 days and is up at $2750 so far.

[Link disabled to stop the appearance of ads in the public forums.]

 

[samara64]

2 Marriott Grande Vista 3BR Plat weeks. One Odd and One Even. Each sold for $3300. One got exercised and the other waved.

It shows how predictable Marriott is.

 

[taterhed]

That's actually a really good price. You should be very happy. Keep working for the matching year. We just went higher for that for annual.

 

[TheTimeTraveler]

2 Marriott Grande Vista 3BR Plat weeks. One Odd and One Even. Each sold for $3300. One got exercised and the other waved.

It shows how predictable Marriott is.

Ahhh, so now the question becomes "Did they take the odd or even week" and is there any significance to that question at all ?? :hysterical::rofl:

 

[taterhed]

I think all workers in the marriott HQ are officially issued 2 things:

 

[samara64]

Ahhh, so now the question becomes "Did they take the odd or even week" and is there any significance to that question at all ?? :hysterical::rofl:

Just FYI. They took the even week. It may have had a 1/2 year MF credit from 2015. Not sure if they will pay it back to seller.

 

[samara64]

That's actually a really good price. You should be very happy. Keep working for the matching year. We just went higher for that for annual.

It is getting harder.

They just exercised on a Shadow ridge plat annual for $4100.

And on 2 EEY and EOY white DSII for $1000 each.

 

[buildsmart]

Took a long time

I have a pending Contract for a 2BR Platinum at the Grand Vista for $5500 any feedback on my chances to be able to get by the FROR?

Marriott finally exercised it's FROR on my $5500 offer. Onward and upward !

 

[samara64]

Marriott finally exercised it's FROR on my $5500 offer. Onward and upward !

I was hoping this will go through at $5500. They are getting more aggressive with price specially with annual plat weeks.

 

[GregT]

Marriott finally exercised it's FROR on my $5500 offer. Onward and upward !

Sorry to see this, I was hoping you would get it.

The buyer of the 3BR GV Plat at $3,300 for an EOY got a good deal, I'm glad that cleared ROFR. It's interesting to me that the Odd cleared but the Even did not.

Perhaps there isn't enough time between now and when that week would be deposited into the Trust to be useful enough to warrant ROFR........pure speculation, or maybe the MF situation skewed it. Interesting.

Best,

Greg

 

[samara64]

Sorry to see this, I was hoping you would get it.

The buyer of the 3BR GV Plat at $3,300 for an EOY got a good deal, I'm glad that cleared ROFR. It's interesting to me that the Odd cleared but the Even did not.

Perhaps there isn't enough time between now and when that week would be deposited into the Trust to be useful enough to warrant ROFR........pure speculation, or maybe the MF situation skewed it. Interesting.

Best,

Greg

Thanks Greg.

I ended up getting this one.

First use is in 2017. 2015 has been used but will know for sure shortly once it gets to my account.

They are buying the Even directly.

Sam

 

[buildsmart]

Any updates on this ROFR. Would be good to know.

FROR didn't pass. System is frustrating.

 

[amyz]

disregard. I read that you didn't get it. Sorry

 

[macperry]

Please note recent posts in this thread have been moved to the ongoing sticky thread, ROFR metric / Ongoing ROFR Activity. This thread is being locked to discourage further posting here.

** macperry, I sent you a PM yesterday directing you to the sticky thread for your post. **