[2015] History of Marriott DC Point Price increases

[DanCali]

There should be a corresponding thread for the value of points on the resale market. Every time point MFs go up (i.e., every year) the resale price will drop some more. Every time Marriott increases the fee to be able to put the resale points in the system (started at $1/point now $3/point) resale prices should drop some more. So the "value" proposition seems to become less and less attractive over time - spend $10+ for something worth $2 if you try to sell it (and Marriott picks it up with ROFR at will, and resells it for $10) .

Unless it can be justified with enrolling a bunch of resale weeks at the same time (and even then, going the Aruba week route is probably a better deal) buying points outright is making less and less sense. Certainly a lot less sense than it did in 2010. But with VAC stock up 150% in the past year, seems like salespeople are doing a better job than me conveying the value! It's one thing to pick stuff up at $2 with ROFR when people sell their points. It's a whole different art to resell it at $10+ to another buyer at the same time.

 

[rthib]

There should be a corresponding thread for the value of points on the resale market. Every time point MFs go up (i.e., every year) the resale price will drop some more. Every time Marriott increases the fee to be able to put the resale points in the system (started at $1/point now $3/point) resale prices should drop some more. So the "value" proposition seems to become less and less attractive over time - spend $10+ for something worth $2 if you try to sell it (and Marriott picks it up with ROFR at will, and resells it for $10) .

Unless it can be justified with enrolling a bunch of resale weeks at the same time (and even then, going the Aruba week route is probably a better deal) buying points outright is making less and less sense. Certainly a lot less sense than it did in 2010. But with VAC stock up 150% in the past year, seems like salespeople are doing a better job than me conveying the value! It's one thing to pick stuff up at $2 with ROFR when people sell their points. It's a whole different art to resell it at $10+ to another buyer at the same time.

I think for TUG purposes, knowing the prices is useful for those thinking of enrolling or hybrid purchase, since there can sometimes be a better there.
You are correct that there is rarely a reason to just buy points directly since there is not difference between resale and developer points once you pay the junk fee.

 

[dioxide45]

I can fill in most of the gaps with some information I obtained today. I tried reconciling this to our list, but many of the early numbers and dates seem to be off. The later years seem to match up better though. There is one in red below that my list doesn't have but was reported in this thread.

06/20/2010 $9.20
09/2010 $9.62
12/2010 $9.98
04/2011 $10.64
07/2011 $10.98
11/2011 $11.20
04/2012 $11:32
09/2012 $11.50
03/2013 $11.66
06/2013 $11.74
11/2013 $11.86
03/2014 $11.99
06/2014 $12.02
06/2014 $12.12
09/2014 $12.24
03/2015 $12.48
05/2015 $12.66
09/2015 $12.92
03/2016 $13.04
07/2016 $13.18
11/2016 $13.32
03/2017 $13.52
05/2017 $13.68
09/2017 $13.84
12/2017 $13.90
04/2018 $13.96
09/2018 $14.10
03/2019 $14.26
09/2019 $14.54
01/2021 $14.72

 

[jimf41]

I can fill in most of the gaps with some information I obtained today. I tried reconciling this to our list, but many of the early numbers and dates seem to be off. The later years seem to match up better though. There is one in red below that my list doesn't have but was reported in this thread.

01/2021 $14.72

I have 24,800 points if I covert my weeks. At the current rate that's worth $365,000. I know you're not supposed to advertise sales on this forum but I'd to let my Marriott tuggers know that I'm willing to sell for as little as $ 350,000. I'm only offering this to tuggers and it's first come first served. Call me now before the moderators block this post.

[Moderator comment: Please do not report this as a sales ad violation. Offering to sell for $350 K is clearly meant as sarcasm rather than an offer to be taken seriously.]

 

[vail]

I have 24,800 points if I covert my weeks. At the current rate that's worth $365,000. I know you're not supposed to advertise sales on this forum but I'd to let my Marriott tuggers know that I'm willing to sell for as little as $ 350,000. I'm only offering this to tuggers and it's first come first served. Call me now before the moderators block this post.

Am I too late?

 

[SueDonJ]

I have 24,800 points if I covert my weeks. At the current rate that's worth $365,000. I know you're not supposed to advertise sales on this forum but I'd to let my Marriott tuggers know that I'm willing to sell for as little as $ 350,000. I'm only offering this to tuggers and it's first come first served. Call me now before the moderators block this post.

While I appreciate that Marriott regulars here patrol this forum the way I do and are happy to help rid our sandbox of ads by reporting them, this post isn't actually an ad. Jim can't sell his 24,800 DC Points because they're from enrolled Weeks, and even if they weren't there is absolutely no external resale market that comes anywhere near Marriott's direct-sale prices.

Let's all just take a minute and genuflect to Jim's excellent use of sarcasm.

(But seriously, keep on reporting anything you suspect might be an ad - my favorite moderating job is to remove them. TUG's discussion forum is so much more valuable than a rent/buy/sell clearinghouse.)

 

[dioxide45]

I have 24,800 points if I covert my weeks. At the current rate that's worth $365,000. I know you're not supposed to advertise sales on this forum but I'd to let my Marriott tuggers know that I'm willing to sell for as little as $ 350,000. I'm only offering this to tuggers and it's first come first served. Call me now before the moderators block this post.

Marriott offers a better discount than that if you buy that many points!!!

 

[Steve Fatula]

I have 24,800 points if I covert my weeks. At the current rate that's worth $365,000. I know you're not supposed to advertise sales on this forum but I'd to let my Marriott tuggers know that I'm willing to sell for as little as $ 350,000. I'm only offering this to tuggers and it's first come first served. Call me now before the moderators block this post.

Sorry Jim, was willing to buy but I needed 24,801 points.

 

[Ralph Sir Edward]

I have 24,800 points if I covert my weeks. At the current rate that's worth $365,000. I know you're not supposed to advertise sales on this forum but I'd to let my Marriott tuggers know that I'm willing to sell for as little as $ 350,000. I'm only offering this to tuggers and it's first come first served. Call me now before the moderators block this post.

[Moderator comment: Please do not report this as a sales ad violation. Offering to sell for $350 K is clearly meant as sarcasm rather than an offer to be taken seriously.]

But they're one owner and come from a good home!

 

[jimf41]

I'm astonished. No one has ever told me I'm sarcastic. Nnd I'm serious. If somebody offers me $350,00 they're yours, I'll even pay the transfer fees.

 

[vail]

So I am not too late?

 

[Fasttr]

Just posting here for tracking purposes, have seen 2 posters today saying $15.18 is the current rack rate.

 

[Fasttr]

Posting this for tracking purposes. Based on the linked screen shot recently posted by somebody who snapped it from a virtual presentation, the undiscounted price is now $15.60 per point.

https://tugbbs.com/forums/attachments/1634842747875-png.41316/

 

[vpplayer]

For tracking: Per our presentation at Grande Vista this morning (and into the afternoon of course), undiscounted price is currently $15.84/point

 

[Fasttr]

$15.92 as of my pitch yesterday, 3/31/22.

 

[dioxide45]

We were told that the new price of points was $16.08 at our presentation yesterday. Rep said it changed in April, but no specific date. Just April.

 

[StevenTing]

It was still 15.92 on 4/20/2022.

 

[kozykritter]

It was still 15.92 on 4/20/2022.

A couple of posts in this forum mentioned sales people saying that the price was increasing on April 30th so it appears that might have been an actual truth.

 

[Dean]

A couple of posts in this forum mentioned sales people saying that the price was increasing on April 30th so it appears that might have been an actual truth.

My source, which I believe is reliable, said they had been told that it was going up for points and Aruba weeks the end of April.

 

[Red elephant]

My source, which I believe is reliable, said they had been told that it was going up for points and Aruba weeks the end of April.

Marriott keeps changing the date when the price will go up . I was at a sales presentation at Marco Island on April 30th and was told the price was going up in 3 days.

 

[Fasttr]

Marriott keeps changing the date when the price will go up . I was at a sales presentation at Marco Island on April 30th and was told the price was going up in 3 days.

Its a soft rollout like the merger info. ;-)

 

[Wanderlustgrl]

16.08 is what we were told today via email. We put 2500 pts to enroll a week under contracts but will be rescinding that as the week we were taking from my aunt has a ridiculous maintenance fee at legends edge and is not worth the 2500 pts to enroll it. Might consider Aruba week or different bundle with a better week at another time but will hold off till the new properties are actual in the system and not just more delayed promises

 

[RookWDW]

Confirm $16.08 via an in person presentation yesterday 8-5-22. Discounted down to $13.66 at 2500 pts.

 

[kyaustin]

Confirm $16.08 via an in person presentation yesterday 8-5-22. Discounted down to $13.66 at 2500 pts.

In June we got a quote for $12.86 at 4,000 which makes sense because that’s 20% off their list whereas 2500 pts was at 15% off the list.

 

[Fasttr]

$16.40 is the new rack rate per my virtual pitch yesterday.