Buying a resale from Marriott Vacation Club Directly?

[davidvel]

Yes, either 5k points or a comparable cost for a deeded week
The deeded week is a better option more points for same cost and lower MF's
how did you get your $4 deal ?

I've never heard of Marriott allowing enrollment on the basis of purchasing points "on a comparable cost" that you paid resale. That's something new that should be explored. They allowed you to enroll 33k points because you bought 6150dp? And your quarter share only cost 65k?

Also I did not know you could enroll if you bought after 2010 under the $2,395 fee. Please provide more details.

When did you buy your quarter share and other 2 intervals?

 

[Steve Fatula]

Yes, need more details!

 

[davidvel]

Yes, need more details!

This is strange. GRCTahoe posts as a buyer of such a package. But in the TUG Marketplace, she is listing (apparently as a broker) the sale of the fractional interest with the plan that you can buy in and enroll the GRC Tahoe 13 weeks (33K dc points) through a purchase of 6150 dc points.

If this were possible, it would change the game for resale purchases. Hard to believe, as no one has ever reported such an ability. Also, if she got such a deal, why would she be selling the GRC weeks now?

 

[GRCTahoe]

kk

*** I've never heard of Marriott allowing enrollment on the basis of purchasing points "on a comparable cost" that you paid resale. ( NOT comparable resale. YOu have to make the purchase direct from MVC.)
That's something new that should be explored.

***They allowed you to enroll 33k points because you bought 6150dp? And your quarter share only cost 65k?
Yes, I was able to enroll my quarter share with 33k average points because I purchased a week direct from MVC and that cost at least the $56,300.( equal cost to 5k DP retail) my week was $57,800 and has 6350 dp.

You still need to purchase from MVC direct the, 5,000 DP at retail or a comparable cost week if you talk to a department that has the inventory that will work.
1 resale and purchase from Marriott to enroll the resale into DP.

I am NOT selling the package I bought.
I originally purchased 3 quarters looking to buy the whole year.
But once I found out how the Destination Point program would work, and would give me the flexibility I needed.
I realized that I no longer needed all 3 quarters
So I am selling 1 of my quarters to 1 buyer that can use 39,000 points, and take advantage of this great package.
I am a RE Broker but only selling 1 qtr I own.

Some people are aware and have purchased most all our inventory. I have checked several places and no quarter shares are for sell.

* Also I did not know you could enroll if you bought after 2010 under the $2,395 fee. Please provide more details.
I am not sure if this available anywhere but the MGRC Tahoe. And not sure if they are still offering ( last checked in 2017 )
Originally they offered it to MGRC owners for $695 then $2,395. I would call your owner service rep.
If you are a MGRC Tahoe owner I can check for you.


*When did you buy your quarter share and other 2 intervals?

I purchased my first quarter in 2015.

If I missed anything let me know.

 

[GRCTahoe]

This is strange. GRCTahoe posts as a buyer of such a package. But in the TUG Marketplace, she is listing (apparently as a broker) the sale of the fractional interest with the plan that you can buy in and enroll the GRC Tahoe 13 weeks (33K dc points) through a purchase of 6150 dc points.

If this were possible, it would change the game for resale purchases. Hard to believe, as no one has ever reported such an ability. Also, if she got such a deal, why would she be selling the GRC weeks now?

I am NOT selling my package.
I have 3 quarters and want sell 1 quarter because after enrolling into the DP program I no longer feel the need to have so many weeks. I have the flexibility to cover the weeks I need in the DP program.

 

[GRCTahoe]

I've never heard of Marriott allowing enrollment on the basis of purchasing points "on a comparable cost" that you paid resale. That's something new that should be explored. They allowed you to enroll 33k points because you bought 6150dp? And your quarter share only cost 65k?


Also I did not know you could enroll if you bought after 2010 under the $2,395 fee. Please provide more details.

When did you buy your quarter share and other 2 intervals?

*** To activate a resale purchase quarter share you still need to make a purchase from MVC either 5k DP or a comparable week or weeks from MVC
you can not have 2 resales if that was your question.

*** The 2,395 enrolment fee. Are you a MGRC Tahoe owner? I am not sure if it applies to any other properties. The last time I checked was in 2017.

 

[GRCTahoe]

This is strange. GRCTahoe posts as a buyer of such a package. But in the TUG Marketplace, she is listing (apparently as a broker) the sale of the fractional interest with the plan that you can buy in and enroll the GRC Tahoe 13 weeks (33K dc points) through a purchase of 6150 dc points.

If this were possible, it would change the game for resale purchases. Hard to believe, as no one has ever reported such an ability. Also, if she got such a deal, why would she be selling the GRC weeks now?

Do you have any suggestions for my ad. I have not recieved any inquiries , but lots of questions on the forum. Any feed back appreciated

 

[Dean]

I've never heard of Marriott allowing enrollment on the basis of purchasing points "on a comparable cost" that you paid resale. That's something new that should be explored. They allowed you to enroll 33k points because you bought 6150dp? And your quarter share only cost 65k?

Also I did not know you could enroll if you bought after 2010 under the $2,395 fee. Please provide more details.

When did you buy your quarter share and other 2 intervals?

My understanding is Aruba has done the same where a purchase of a retail week there is the equivalent of buying points when it comes to enrolling other weeks. It is also my understanding that the purchase/enroll option has to be active for this to work. The last few summers it has been so but I do not believe it is currently. It wasn't in Jan when we were in Aruba.

 

[frank808]

I have known about the option to enroll since we purchased 7 years ago. Last I checked it was a purchase of 5000 dp points only. Did not know you could use a week equivalent as I have not checked since 2014.

With a week purchase it might make sense for me to enroll my quarter shares. Find one that I could resale as close to direct purchase price as possible to minimize enrollment fees. That would make it interesting.

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[Dean]

I have known about the option to enroll since we purchased 7 years ago. Last I checked it was a purchase of 5000 dp points only. Did not know you could use a week equivalent as I have not checked since 2014.

With a week purchase it might make sense for me to enroll my quarter shares. Find one that I could resale as close to direct purchase price as possible to minimize enrollment fees. That would make it interesting.

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I think this past summer it was 5500 points

 

[davidvel]

Thanks for the info, I did not know you could buy 5000 points and enroll an unlimited number of post 2010 resale weeks. Maybe because they are quarters? That's a lot of dough.

 

[Dean]

Thanks for the info, I did not know you could buy 5000 points and enroll an unlimited number of post 2010 resale weeks. Maybe because they are quarters? That's a lot of dough.

Maybe others know better than I but I specifically asked about enrolling more than 7 weeks fairly recently. I didn't get the impression it was an unlimited # of weeks but I was assured there was flexibility for more than 7 though maybe case by case. Obviously a fractional is a little unique. I also got the impression that for Aruba one didn't necessarily have to hit the full 5000 or 5500 point level to have options. Obviously the answers might change with who one talks to and past information may or may not be accurate for the future.

 

[TheTimeTraveler]

I'm confident that they would be happy to finance the purchase of 5,000 Destination Club Points!




.

 

[JIMinNC]

I think this past summer it was 5500 points

Thanks for the info, I did not know you could buy 5000 points and enroll an unlimited number of post 2010 resale weeks. Maybe because they are quarters? That's a lot of dough.

The 5500 this past summer was to enroll up to 7 typically-ineligible Marriott Vacation Club weeks, and is only offered during those specific promotions.

I was interpreting what GRCTahoe was talking about was a standing option that GRC quarter share owners have for enrolling their weeks - something not available to regular MVC owners.

 

[Dean]

The 5500 this past summer was to enroll up to 7 typically-ineligible Marriott Vacation Club weeks, and is only offered during those specific promotions.

I was interpreting what GRCTahoe was talking about was a standing option that GRC quarter share owners have for enrolling their weeks - something not available to regular MVC owners.

I had presumed they had done so during a previous promotion but you may be right Jim. Regardless the fractional certainly is unique.

 

[GRCTahoe]

Thanks for the info, I did not know you could buy 5000 points and enroll an unlimited number of post 2010 resale weeks. Maybe because they are quarters? That's a lot of dough.

You can not enroll an unlimited amount of weeks. It has to be a single purchase unit. A week or 3 or 5 or quarter. That is why a quarter is share is valuable.

I have known about the option to enroll since we purchased 7 years ago. Last I checked it was a purchase of 5000 dp points only. Did not know you could use a week equivalent as I have not checked since 2014.
With a week purchase it might make sense for me to enroll my quarter shares. Find one that I could resale as close to direct purchase price as possible to minimize enrollment fees. That would make it interesting.

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My understanding is you are not able to sell what made your unit eligible. That is why I preferred the week much lower MF

 

[GRCTahoe]

I have known about the option to enroll since we purchased 7 years ago. Last I checked it was a purchase of 5000 dp points only. Did not know you could use a week equivalent as I have not checked since 2014.

With a week purchase it might make sense for me to enroll my quarter shares. Find one that I could resale as close to direct purchase price as possible to minimize enrollment fees. That would make it interesting.

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I just found out about the week purchase my self in January. I tried to buy points in 2017 they said they were not offering that option. Then called me in summer of 2018 but I was unhappy with some of the terms and passed. I was finally in the right place and liked this option. Everyone you talk to has a different answer. It seems like this option was around this summer

 

[GRCTahoe]

I think this past summer it was 5500 points

I heard that to depending on who you talk to. I purchased in January 2019

 

[GRCTahoe]

The 5500 this past summer was to enroll up to 7 typically-ineligible Marriott Vacation Club weeks, and is only offered during those specific promotions.

I was interpreting what GRCTahoe was talking about was a standing option that GRC quarter share owners have for enrolling their weeks - something not available to regular MVC owners.

7 different weeks sounds like a pretty good option also. I have found many different rules from several employees. You find the ones that work for you right. I finially feel I have a knowledgeable mvci contact I dont think only GRC but she dose work with a lot of the owners here

 

[frank808]

My understanding is you are not able to sell what made your unit eligible. That is why I preferred the week much lower MF

Is it written into the contract that if you sell the week, the quarter shares are unenrolled in the dp trust?



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[csalter2]

You can not enroll an unlimited amount of weeks. It has to be a single purchase unit. A week or 3 or 5 or quarter. That is why a quarter is share is valuable.


My understanding is you are not able to sell what made your unit eligible. That is why I preferred the week much lower MF

Your thinking here was very similar to mine in trying to save money. I owned one week but wanted to add more points. I bought Aruba platinum 2 OV bedroom which elects to 4075 points. Then Marriott sold me a resale week OF 2 bedroom platinum at Ocean Pointe which elected to more points than what I bought with the Aruba week. The Ocean Pointe week elects to 5375 points. My maintenance fees for the two weeks this year are .38mt/point compared to .58 MF/point if I would have bought Destination Points. This year that is a saving of of $1875 in maintenance fees.

The problem is that Marriott changes the rules literally over night. One minute you can’t buy two weeks instead of points. Another minute, you can. One day, you must purchase an equivalent number of Destination Points or more to bring in your ineligible weeks and then the next day you can buy less. Those changes in sales strategies happened to me where the rules seemed to consgantly change. So there is no rhyme or reason to their method. It is more of how badly does the sales team need to make quota is how I see it.

 

[T-Dot-Traveller]

Your thinking here was very similar to mine in trying to save money. I owned one week but wanted to add more points.

the rules seemed to consgantly change. So there is no rhyme or reason to their method.

It is more of how badly does the sales team need to make quota is how I see it.

Hi Carlito ,
Need to make quota - is very likely the correct analysis .
This is how life / sales works (not just in TS) .

My suggestion to anyone looking to work a Marriott deal like you did & hitting rule changes -
get to “ know “ a few sales folks who have been at the location for some time, explain what you want & stay in touch . “ Rules “ change / need to make quota is always there . It may be the salesperson’s
quota or it could be their manager’s .

 

[bogey21]

The problem is that Marriott changes the rules literally over night.

Exactly the reason I sold my 4 Marriott Weeks many years ago...

George

 

[GRCTahoe]

Your thinking here was very similar to mine in trying to save money. I owned one week but wanted to add more points. I bought Aruba platinum 2 OV bedroom which elects to 4075 points. Then Marriott sold me a resale week OF 2 bedroom platinum at Ocean Pointe which elected to more points than what I bought with the Aruba week. The Ocean Pointe week elects to 5375 points. My maintenance fees for the two weeks this year are .38mt/point compared to .58 MF/point if I would have bought Destination Points. This year that is a saving of of $1875 in maintenance fees.

The problem is that Marriott changes the rules literally over night. One minute you can’t buy two weeks instead of points. Another minute, you can. One day, you must purchase an equivalent number of Destination Points or more to bring in your ineligible weeks and then the next day you can buy less. Those changes in sales strategies happened to me where the rules seemed to consgantly change. So there is no rhyme or reason to their method. It is more of how badly does the sales team need to make quota is how I see it.

I agree that is why I not dealing with a sales floor more like the fleet department when you buy a car and my offer is currently available if it changes I will update. I went around and around with less competition sales people for nearly 3 years. There are fantastic people at Marriott you just have to be patients and wait for the right deal for you. .38 cent MF are Great. You were smart with your deal. I would tell anyone looking to do there homework at a place like TUG. Talk to a lot of fellow owners and know what you want before you talk to any sales people. Most just talk to sell, not really knowing their poduct . Only work with the ones you like. Plenty of options.

 

[GRCTahoe]

Is it written into the contract that if you sell the week, the quarter shares are unenrolled in the dp trust?



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I was told by all the reps, I recall it in the contract as well but will post again later once I find.