Marriott's Resale Department Does Not Resell Weeks Bought Externally

[Zac495]

They said they will buy back weeks regardless if they need them (to me). I have no more proof than that.

 

[Dave M]

In the case that you state, it is entirely possible that Marriott made a mistake.

Yes, it's possible that Marriott made a mistake. However, as indicated in my post, there have been a number of such transactions, not just one. In some of those transactions it was 100% clear that Marriott knew the timeshare was a resale. Thus, it's much more likely that the person who told you that "it's always been this way" was mistaken than that Marriott made a mistake in every one of those cases. As David quoted, "Believe it or not!"

It seems clear that the program is not available to you. That's unfortunate.

 

[saturn28]

I want to thank everyone for all the responses. I believe I have enough information.

 

[Steve]

I think a TUG moderator, Steve I believe, recently sold his Manor Club resale through Marriott.

This is correct. I recently sold my Manor Club week through the Marriott resale department. This is a week that I had purchased resale several years previously for $7000 (obviously not from Marriott).

If Marriott no longer is willing to sell weeks purchased resale from outside parties, then this is a new policy. It has NOT always been that way, regardless of how many people at Marriott say otherwise.

Steve

 

[dioxide45]

The sales reps always said this at the presentations we attended. Perhaps it has always been a policy that was not enforced when times were good. When they have a glut of resale weeks listed, they can be a little more picky about how they sell them. They may now just be enforcing this policy. They may discontinue again in the future.

 

[thinze3]

I want to thank everyone for all the responses. I believe I have enough information.

Let me add one more comment. I believe it is nothing more than a sign of the times in a weak economy. One day soon enough when credit loosens up, and the TS market comes back around, Marriott will most likely be willing to sell your week.

Right now, Marriott can buy, through ROFR, any season at any resort for much less than the nearly 60% that they would have to give you. They simply don't need your week.

Offer Marriott to buy a new platinum week at another location and you'll probably get a different response from them. They want your money not your week.

Good luck.
Terry

.

 

[Vacation Dude]

In addition, I had another incident happen with a Marriott deal. I had made a purchase in Hilton Head over the phone and gave them my credit card for a $1000 deposit. After a few days, I changed my mind and canceled. Marriott never put through the charge on my credit card. However, a few weeks later they sent me a check for $1000.

what did you do with the $1,000?

 

[JBRES1]

Resale weeks sold back to Marriott

In 2003 I sold my resale Monarch summer week # 29 back to the Marriott.
They gave me $11,926.00 for my week.
I think they buy weeks back when it is in their best interest.
Jim B

 

[jerseyfinn]

The sales reps always said this at the presentations we attended. Perhaps it has always been a policy that was not enforced when times were good. When they have a glut of resale weeks listed, they can be a little more picky about how they sell them. They may now just be enforcing this policy. They may discontinue again in the future.

Dioxide, I think that you have your finger precisely on the MVC pulse.

We all work in jobs/professions where official policy exists to arbitrate and guide while we employees make the call at hand, while at other times policy is the one and only way to do the job.

That said, although only recently does MVC officially state that an MVC owner will receive nightly MR credits for each night spent at their home resort, I can attest that we've been receiving MR credited nights for over three years at some of our resorts. Read between the lines and one can deduce the MVC groundswell which built slowly throughout the system from some properties and magagers who advocated the change. Today it is policy.

There exists a great deal of "fluidity" throughout Marriott and in all of our jobs/professions. Sometimes one simply can not acknowledge them.

Barry

 

[ngmaui]

Marriott Maui Update

This thread just reminded me to check if resales have started at Maui Ocean Club yet where we are owners and bought developer before TUG. Called and looks like it is 99% sold out and they have my request to be on the waiting list from back in March in their records. Would be real nice to be able to sell through Marriott in the near future.

 

[bogey21]

Maybe those people that stated this fact were not telling the truth.[/QUOTE]

About 15 years ago I bought a Marriott Monarch Week on HHI resale. About 5 years later Marriott sold it for me. I actually made a profit on the deal. It was in the days that Marriott was acting as agent for a commission on resales.

George

 

[Dave M]

It was in the days that Marriott was acting as agent for a commission on resales.

They still have such a program, although it appears that, at least temporarily, they might not accept resale weeks. Likely when you sold, Marriott's commission when they acted as agent was only 25%. Now it's 40%!

 

[dioxide45]

Perhaps Marriott began to get concerned that they are buying/selling weeks with poorly prepared deeds prepared by inept closing companies (not all closing companies are like this), or no closing company at all. They may not want to take on a chain of title that contains quitclaim, unsigned, unnotarized or just purely invalid deeds. They at least know the quality behind their deed.

 

[tombo]

Perhaps Marriott began to get concerned that they are buying/selling weeks with poorly prepared deeds prepared by inept closing companies (not all closing companies are like this), or no closing company at all. They may not want to take on a chain of title that contains quitclaim, unsigned, unnotarized or just purely invalid deeds. They at least know the quality behind their deed.

If they were worried about deeds they would never ROFR a week because all ROFR'd weeks are resale weeks. In the past when they exercised ROFR they didn't know what condition the deeds were in, they only knew the price they were getting the week for when they ROFR'd it. Marriott didn't do title searches prior to exercising ROFR. The closing paperwork is when they make sure that they have a valid clear deed.

Marriott doesn't want weeks due to the economy, plain and simple. If they thought they could make a good profit on a week they would resell it whether it was originally purchased from Marriott or whether it was originally purchased resale.

 

[saturn28]

I sent Marriott Resales an email and below is their response.


-------------------------------------------------------------


Good Morning Mr. xxxxxx,

It is our policy that if you purchase externally you would then need to sell externally as well. We have made an exception and we have register your unit.

Kindest Regards,

xxxx xxxxxxxxx
Resale Operations


From: xxxxxxx Taylor [mailto:xxxxxxx28@sympatico.ca]
Sent: Monday, December 22, 2008 6:43 PM
To: MVCI Resale Operations
Subject: Selling my Marriott Week



Hi


I called into the resale department yesterday to ask to have my Legends Edge Platinum week put on the wait list for resale through Marriott. However, the agent that answered the phone told me that because I bought externally that I would not be able to do that. On your website located here https://www.my-vacationclub.com/en-us/contact/resaleOperations.jsp it states the following in the second paragraph


"All owners are eligible for the registration program. This is a wait list for Owners who are interested in selling; however a listing or repurchase may not be readily available. Owners are registered in date order and will subsequently be contacted when either the listing program or repurchase program is available."


To me the statement all owners means exactly what it says. It does not distinguish between owners that have bought internally or externally. Can you please get back to me to let me know if what this information on the website is true. I would appreciate it if you can confirm one way or the other for me.



Thanks,


xxxxxxx xxxxxx

905-xxx-xxxx

 

[FlyerBobcat]

I sent Marriott Resales an email and below is their response.......

Interesting letter/response from Marriott....

 

[bogey21]

Likely when you sold, Marriott's commission when they acted as agent was only 25%. Now it's 40%!

It was 25%, same as all the resellers on HHI at that time.

George