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3,4,5, Can I Get Out Alive? Moc

Lawlar

TUG Member
Joined
Sep 28, 2007
Messages
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Location
Santa Barbara
I’ve been watching Red Week listings for the Lahaina Villas MOC units. They have been coming on the market since last November. There are about 20 listings now – not one has sold and the prices keep going lower. [Buyers’ remorse is already setting in with some of the owners.]

Then I noticed that there were listings for fixed units for week 3 and for week 5. So I think (call it a delusion) that maybe some very rich person wants to buy week 3 or week 5 and would also like to have my week 4 to make a 2 week purchase. Or perhaps some very rich person will want 3 consecutive weeks. I could get my money back. [Maybe Donald Trump will buy our Santa Barbara home and let us live here for free for the rest of our lives!]

So I listed my unit (DON’T TELL MY WIFE!!! And don’t tell my grandkid. He is still mad at me for selling my sports car. When he was four I told him I would paint it black and turn it into his Batmobile – He wanted to be Batman when he grew up. He got so excited that he told his mom and all his friends that he was going to have a Batmobile. He was really angry when he heard I sold it. Now he believes he gets to go to Maui every year and take surfing lessons. He’ll hate me.]

I still believe in Santa Clause, the Tooth Fairy, and The Easter Bunny. So a Miracle could happen.

Maybe even Marriott will offer to purchase my unit in order to get me to stop posting cranky comments about Marriott’s salesreps.

On the other hand, I don’t think I’ll cancel our plane tickets for our next trip to Maui. Not yet anyway.
 

m61376

Tug Review Crew
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NY
Resorts Owned
Marriott Aruba Surf Club 2 & 3BRs
Hey, ya never know...you're not the only hopeful one:
4 July weeks
 

taffy19

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Nice ad! He must have bought for" investment". Not very smart when he paid retail prices and nobody knows what the economy will do in the future. I hope the sales person didn't tell him that it would be an investment. I know our sales lady never did.

I wonder if Marriott will snatch it up if he gets an offer for a lower price? They already sold all the three bedrooms at this tower and quite a few at the newest tower too, if not all. If he likes it so much, why not enjoy the resort?

I wish you luck, Lawlar. You haven't been happy with your purchase from day one and it is true that it stops us from taking advantages of going to other places at a discounted price because of the high maintenance fees. If they keep going up, we can no longer afford it either and most people will feel the pinch too.
 
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tombo

Tug Review Crew: Rookie
TUG Member
Joined
Aug 16, 2007
Messages
3,224
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2
Location
Mississippi (but a Bama fan)
I’ve been watching Red Week listings for the Lahaina Villas MOC units. They have been coming on the market since last November. There are about 20 listings now – not one has sold and the prices keep going lower. [Buyers’ remorse is already setting in with some of the owners.]

I still believe in Santa Clause, the Tooth Fairy, and The Easter Bunny. So a Miracle could happen.

Maybe even Marriott will offer to purchase my unit in order to get me to stop posting cranky comments about Marriott’s salesreps.

On the other hand, I don’t think I’ll cancel our plane tickets for our next trip to Maui. Not yet anyway.


Surely you must be mistaken. Marriott's ROFR keeps prices so high that you can even make money reselling your retail purchase. All of those list prices on Red Week are what the weeks will actually sell for thanks to ROFR keeping the prices so high. I can't understand how there are so many weeks for sale at one of Marriott's premiere locations that aren't selling. Even more shocking is the fact that the prices keep dropping without Marriott jumping in buying weeks to keep the resale prices high (oh yea, they don't do that until someone finds their own buyer).

Maybe Red Week buyers aren't sophisticated enough to realize that they are supposed to pay more than they want to because the resort has ROFR. Maybe the buyers aren't even making offers because they don't want to get the sale ROFR'd out from under them. This dismal sales situation can't be true after all the great things I have read about ROFR maintaining the resale value for it's owners.

Keep the faith because I am sure that Marriott will offer to buy your week to prop up prices and say thanks to a valued customer. The Marriott check is in the mail. :hysterical:
 
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