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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: Veteran TUG Member

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    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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    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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    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), 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.
     

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