2023 MF's Discussion Thread

[bazzap]

Thank you all for your information.

When I added up all of the various fees including $230 for club dues the number tied out.

What do club dues pay for?

MVC’s FAQs give some examples of what they pay for
“Q. What are Club Dues?
A. “Club Dues” (sometimes referred to as Exchange Company Dues) refers to the consolidated annual fee payable by both Enrolled Owners and Points Owners for their membership (or enrollment) in the Marriott Vacation Club DestinationsTM Exchange Program. For Enrolled Owners, payment of Club Dues ensures your continued enrollment in the Marriott Vacation Club DestinationsTM Exchange Program for the following year. This annual fee replaces many of the a la carte fees otherwise payable for various reservation and usage options such as locking off, membership with Interval International® and trading for Marriott Bonvoy® points.”

 

[kozykritter]

I see a potential big mess coming with the Club dues billing, particularly for some dual owners (or maybe just me ). They billed trust owners for the dues before they have finished syncing up recognition levels based upon combined Vistana and Marriott Abound points/Vistana elite level mapping. In my case I should be Select on combined points and Executive on Vistana 3* mapping but my MVC account remains at Owner and they billed me the $230 Owner fee.

So what will happen when they eventually raise me up where it should be? Also we dual owners are only supposed to be paying one Club dues across both programs but they've already billed me the wrong amount in one program. How will this coordinate with Vistana when they bill owners, especially since Vistana will likely bill me $270 instead as a 3* there since they aren't recognizing my combined ownership? Madness could be ahead!

 

[dioxide45]

Thank you all for your information.

When I added up all of the various fees including $230 for club dues the number tied out.

What do club dues pay for?

Every Abound member pays a Club Fee. The reason is is best to not calculate it for the purpose of these threads is because it is different based on your ownership level and it impacts the price per point depending on how many points you own. What the fee is actually for is to help Marriott's profits. It is simply a membership fee.

 

[bazzap]

Although we have some of our MVC Resort Week(s) MFs posted now on the Owner website - Grand Chateau and St Kitts, the corresponding Statements and Budgets Package Inserts have not been added yet.

 

[SueDonJ]

Although we have some of our MVC Resort Week(s) MFs posted now on the Owner website - Grand Chateau and St Kitts, the corresponding Statements and Budgets Package Inserts have not been added yet.

For those of us who are only Exchange Members (don't own Trust Points) the Club Dues invoices are also NOT posted yet.

 

[mbstn6254]

Every Abound member pays a Club Fee. The reason is is best to not calculate it for the purpose of these threads is because it is different based on your ownership level and it impacts the price per point depending on how many points you own. What the fee is actually for is to help Marriott's profits. It is simply a membership fee.

Silly me. I thought the $45,000 I spent to be in the MVC was my membership fee.

 

[Superchief]

My Trust Points increased from .622 to .684, including property tax. This is an increase of 9.9%, with a 5.4% increase in my chairman club dues. The proposed budget for Mountainside included an 11+% increase. I think it is time for Owner boards to start looking for areas to cut expenses. Activity fees have increased more than inflation in all of my resorts and I don't use most of them. These can easily be reduced and should be self funding. Why should owners be paying for free booze for mostly non-owners. Oceana Palms has exhorbitant activity costs. These reductions would also lower HR and management overhead costs.

 

[sponger76]

Silly me. I thought the $45,000 I spent to be in the MVC was my membership fee.

That was the cover charge to get in. Gotta keep paying the Club Dues to stay in.

 

[DanCali]

2023 Property Tax Fee: $0.00592
2023 Operating Fee: $0.678

Total: $0.68392

This is pretty much equivalent to the going rental price of points which, unfortunately, implies that MVC has driven the intrinsic value of their points product to near-zero.

Anyone who can rent points, and is minimally informed, has very little incentive to buy more (even on the resale market).

This is fixable if they start ROFRing prime weeks with high Points/MF ratios, but they are unlikely to do that because the profit margins on those weeks are much lower. This is how we got here to begin with - they ROFR 2000 points weeks with high Fs for near-nothing, and resell those as points for $30K+

 

[TravelTime]

This is about 6 cents higher than 2022's MF of $0.62796.

About a 10% increase. Makes sense due to inflation. I do not see MFs posted in my account.

 

[dioxide45]

We were told at a presentation on Tuesday that there was no increase in Trust Point maintenance fees in 2021 or 2022 and there would be no increase in 2023. That along with a few other whoppers...

 

[VacationForever]

About a 10% increase. Makes sense due to inflation. I do not see MFs posted in my account.

Seems earlier post. Increase is 8.8911 percent.

 

[jmhpsu93]

We were told at a presentation on Tuesday that there was no increase in Trust Point maintenance fees in 2021 or 2022 and there would be no increase in 2023. That along with a few other whoppers...

I was told that same garbage at our last one in Hilton Head.

 

[pspercy]

Today I received an email saying MF etc posted to website so I went there and nothing at all is posted, a blank page !

A few days ago I looked and DC points MF were posted in the normal style so I guess IT strikes again.

 

[VacationForever]

Today I received an email saying MF etc posted to website so I went there and nothing at all is posted, a blank page !

A few days ago I looked and DC points MF were posted in the normal style so I guess IT strikes again.

Yes, the link from the email gives you a blank page. You can get there through the lower right hand link for maintenance fees and dues.

 

[AlmostRetired]

Club Dues is a saver for enrolled owners. I have a 3 bedroom in my II account and one enrolled. In my II account $99 lock-off fee, $219 time 2 exchange fee, $89 times 2 ePlus (re-trade. I take out for every exchanged week at exchange time because it allows 3 re-trades) and finally II membership of $99….. totals $814. Club dues $230. I would pay a one time $1000 to have my II account folded into my enrolled account with no exchange for points benefit on the non enrolled weeks. I personally would do it if with that $1000 I would lose the enrolled status of my MGC and just get the trading benefit for all my weeks.

 

[dioxide45]

Club Dues is a saver for enrolled owners. I have a 3 bedroom in my II account and one enrolled. In my II account $99 lock-off fee, $219 time 2 exchange fee, $89 times 2 ePlus (re-trade. I take out for every exchanged week at exchange time because it allows 3 re-trades) and finally II membership of $99….. totals $814. Club dues $230. I would pay a one time $1000 to have my II account folded into my enrolled account with no exchange for points benefit on the non enrolled weeks. I personally would do it if with that $1000 I would lose the enrolled status of my MGC and just get the trading benefit for all my weeks.

I agree. The Club Fee is much better than paying those a la cart transaction fees. Only one correction to your numbers. The Marriott to Marriott exchange fee is only $164 and you still have to pay the fee for EPlus if you want it, but I guess that kind of goes away if you trade Marriott to Marriott anyway as those retrades are $0. Marriott currently charges tens of thousands to people to buy points in order to enroll otherwise ineligible post 6/20/2010 weeks. I am sure many would jump at paying $1000 to do the same.

 

[AlmostRetired]

I agree. The Club Fee is much better than paying those a la cart transaction fees. Only one correction to your numbers. The Marriott to Marriott exchange fee is only $164 and you still have to pay the fee for EPlus if you want it, but I guess that kind of goes away if you trade Marriott to Marriott anyway as those retrades are $0. Marriott currently charges tens of thousands to people to buy points in order to enroll otherwise ineligible post 6/20/2010 weeks. I am sure many would jump at paying $1000 to do the same.

Here is current fee list. ePlus is only required for Marriott to no Marriott. You do not need it to retrade from Marriott to a Marriott

 

[dioxide45]

Here is current fee list. ePlus is only required for Marriott to no Marriott. You do not need it to retrade from Marriott to a Marriott.

For unenrolled weeks, there is a $55 discount from the exchange fee when trading Marriott to Marriott or Marriott to Vistana.

 

[AlmostRetired]

For unenrolled weeks, there is a $55 discount from the exchange fee when trading Marriott to Marriott or Marriott to Vistana.

everything is so automatic to me, I never paid attention. Looked at charge card and you are 100% correct, it is 164. So 814 - 110 -230= 474 savings for the cost of the club dues.

 

[disnefile]

Thank you all for your information.

When I added up all of the various fees including $230 for club dues the number tied out.

What do club dues pay for?

 

[Safti]

Still waiting on Lakeshore. They are so slow

[Moderator Note: Moved from MF's sticky thread.] <-- SueDonJ

 

[RManochio]

Purchased a bundle that closed summer 2022, so this is my first year paying maintenance fees. Got the property tax bill for Desert Springs II. I see my points maintenance fees for 2023 on the MVC site. But still shows $0 for the week. Any ideas when they usually post?

[Moderator Note: Threads merged.] <-- SueDonJ

 

[SueDonJ]

Purchased a bundle that closed summer 2022, so this is my first year paying maintenance fees. Got the property tax bill for Desert Springs II. I see my points maintenance fees for 2023 on the MVC site. But still shows $0 for the week. Any ideas when they usually post?

The TUG MF's sticky threads are archived/linked in the Weeks FAQ sticky. For what it's worth last year the first post with DSVII MF's was dated 11/3/21 and the first post with DSVI MF's was dated 11/20/21, and for this year the DSVI MF's were just posted last night in the current MF's sticky thread.

 

[michael49]

Purchased a bundle that closed summer 2022, so this is my first year paying maintenance fees. Got the property tax bill for Desert Springs II. I see my points maintenance fees for 2023 on the MVC site. But still shows $0 for the week. Any ideas when they usually post?

[Moderator Note: Threads merged.] <-- SueDonJ

If I remember correctly, DS II maintenance fees will post later this month or early December. Make sure that you pay the separate property tax bill that comes directly from Riverside County. We have already paid our property tax bill as it arrived late last month.