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ROFR metric / Ongoing ROFR Activity

Discussion in 'Marriott Vacation Club' started by GregT, May 5, 2015.

  1. dioxide45

    dioxide45 TUG Review Crew: Veteran TUG Member

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    You can simply enter your TUG Username in the name field. Many people do that already. I tried searching for that user here on TUG, but there is no member on the BBS with that name.
     
  2. spiker

    spiker TUG Member

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    Yes it would be nice if there were some way to confirm these prices. I recently purchased a ASC and I wait until it passes ROFR to post. I did this in 2010 and will do it to this one as well. I was lucky in 2010 - I bought it 6/7/10 and just recently was able to transfer to points for free.
     
  3. sandcfort

    sandcfort Guest

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    How much is the Marriott transfer or reenrollment fee for buying on the secondary market? $2 per point or more.
     
  4. Panina

    Panina TUG Review Crew: Expert TUG Member

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    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    I have looked to purchase Hyatt in the past as their trading power seemed great especially if you were trading for smaller units in II. Not a lot of Hyatt points were needed. This is the piece I am wondering on, how Hyatt’s will trade in II in the future.
     
  5. Fasttr

    Fasttr TUG Member

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    MVC Trust Points
    There have been several reports that it jumped up to $3 per point around April of 2018. Not sure if there is also a minimum that applies. It used to be $2 per point with a $3K minimum.
     
  6. taterhed

    taterhed TUG Member

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    The reports are true: $3 per point, with $3k minimum.

    Keep in mind: this sets the amount of money that ultimately goes to Marriott, but there is no clear indication how it will affect the ROFR.
    In fact, it seems as though Marriott has been more lenient lately (based on posts) on the MVC points with 'bundled' fees attached.

    YMMV
     
  7. dioxide45

    dioxide45 TUG Review Crew: Veteran TUG Member

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    Perhaps the higher junk fees just drive down the offer price to the buyer. Perhaps making it more likely that Marriott exercises?
     
    TravelTime and taterhed like this.
  8. taterhed

    taterhed TUG Member

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    This is definitely a 'Soylent Green' cycle. .....It's POINTS!!!! :confused:

    Buy points, give them back, buy points.....
     
  9. hajjah

    hajjah TUG Member

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    I've just had my second possible Marriott purchase ROFR again. Both units were EOY. I'll keep trying.
     
  10. TXTortoise

    TXTortoise TUG Member

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    Mountainside, Park City
    Vail Streamside Birch
    Please add to ROFR.net
     
    dioxide45 likes this.
  11. hajjah

    hajjah TUG Member

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    Yes, I’ve posted both results on ROFR.
     
  12. Jerrygomi

    Jerrygomi TUG Member

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    Marriott just exercised ROFR on my $2036 purchase of annual 2BR red week at Desert Springs Villas II. Added to ROFR.net.
     
  13. TravelTime

    TravelTime TUG Member

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    Do Tuggers think that the price per point for MVC DC Points will decrease further since they raised their activation fees from $2 to $3 pp?
     
  14. GregT

    GregT TUG Member TUG Member

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    Marriott: Maui Ocean Club Lahaina Villas (3BRx5), Ko Olina, Shadow Ridge II, Willow Ridge, DC Points HGVC: HHV Lagoon, Flamingo, Sea World, I-Drive, Starwood Bella (x4), SDO, Aulani, Worldmark
    Yes I do. I think here is a limit to how far the prices can drop, because Marriott can simply ROFR anything that is too cheap, but I do believe prices will drop to $2.00 - $2.50 per point, with some of them passing ROFR. I will be very curious to see how ROFR activity is affected by the merger, and if more things pass because the junk fee is attractive and Marriott's cash may be better spent on dividends, debt, and integration activities.

    Best,

    Greg
     
    taterhed and klpca like this.
  15. hajjah

    hajjah TUG Member

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    Marriott just enforced its ROFR on Harbour Lake EOY. I've posted it to ROFR.net.
     
    dioxide45 likes this.
  16. chemteach

    chemteach TUG Member

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    I am a happy camper! I purchased a two bedroom platinum annual Timber Lodge unit and it passed ROFR at $4200. I didn't think it would pass. Super happy.
     
  17. Oscar923

    Oscar923 TUG Member

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    Marriott exercised ROFR on my EOY Grand Chateau platinum 1 bedroom at $398. :( The case is added to ROFR.net database.
     
  18. MOXJO7282

    MOXJO7282 Tug Review Crew: Rookie TUG Member

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    I have a MOC 2BDRM OF odd year pending at $11,700 all-in. It's been a week so hopefully I find out soon.
     
    TravelTime likes this.
  19. TravelTime

    TravelTime TUG Member

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    Just want to make a correction. This deal did not work out. I passed at $3 pp plus the $2 activation fee. So $5 per point for 7000 points total.
     
  20. TravelTime

    TravelTime TUG Member

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    Just want to clarify the $2.25 pp did not work out. I ended up buying a total of 7000 points to get to Execiutive level at $3 pp plus $2 activation fee.
     
  21. TravelTime

    TravelTime TUG Member

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    That would be a great price. Hope it passes.
     
  22. TXTortoise

    TXTortoise TUG Member

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    Just met a new friend that picked up one of those up three years ago...$10k. Hoping your’s passes. FWIW, My last three all got ROFR cleared within two weeks of submission.
     
  23. MOXJO7282

    MOXJO7282 Tug Review Crew: Rookie TUG Member

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    I think it should pass. I think it's a very good price especially since it's an all-in price AND I'm getting a good 2019 week and not paying the 2018 fees. A number of sellers tried to pass those on and I pass on those deals. I'm likely to use the week and combine with a great offer I just got from Hyatt to preview a 2BDRM OF for $999 for 5 days. So it looks like Maui is in our future for 2019
     
  24. TXTortoise

    TXTortoise TUG Member

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    Mountainside, Park City
    Vail Streamside Birch
    Nice. They were doing short presentations for Marriott owners when we were there last February. $150 gift cards. Awesome rooms...and prices. Made a winter Lahaina tower fixed week look like a bargain. :)
     
    taterhed likes this.
  25. toddc2

    toddc2 TUG Member

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    That would be a great all in price. After failing ROFR at $10k for the same unit, my broker said $12k is the safe zone. Your all in price implies a purchase price of just shy of $11k + fees, so it's going to be a close call. Keep us apprised!
     

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