Has anyone noticed eBay listings of Marriott TS are down.

[Seaport104]

You were in the 2BR portion of a 3BR unit, which is actually 2 units behind the outside door. The 3BR units are all at the ends of each hall. The layout is indeed different from the dedicated 2BR and 1 BR units. If you want a connecting door, you have to leave the 2 doors open and use the outside door as the entry door. It is as secure as the entry door of any more typical units.

Interesting that there are no adjoining doors between the 1BR and 2BR. Grande Vista 3BR has similar setup in the 3BR's which there is an door that opens into a foyer and separate key card entrances to the studio and 2BR side but there is still an door inside that you can open between the 2BR and studio. This way, you do not need to leave the 2 doors open.

 

[TUGBrian]

maybe im just missing the data you guys are using to compare the two?

or are you just counting random listings? how do you do this with ebay when they only show the last few months only and have no historical reference beyond that?

 

[BocaBoy]

maybe im just missing the data you guys are using to compare the two?

or are you just counting random listings? how do you do this with ebay when they only show the last few months only and have no historical reference beyond that?

I don't have any data, but my anecdotal opinion is that RedWeek is the car dealership and EBay is the local used car lot when it comes to timeshares.

 

[BocaBoy]

Interesting that there are no adjoining doors between the 1BR and 2BR. Grande Vista 3BR has similar setup in the 3BR's which there is an door that opens into a foyer and separate key card entrances to the studio and 2BR side but there is still an door inside that you can open between the 2BR and studio. This way, you do not need to leave the 2 doors open.

It is all a matter of taste, but I prefer the Grand Chateau approach, which is also how some 2BR units are structured at one of the Westin Kaanapali timeshare resorts. Not having the adjoining door makes it a lot nicer if the unit is locked off. There is really no point in having the entrance foyer if you have an adjoining door between the two halves, so the Grande Vista 3BR design that you describe seems a bit silly to me.

 

[dioxide45]

I don't have any data, but my anecdotal opinion is that RedWeek is the car dealership and EBay is the local used car lot when it comes to timeshares.

I don't have data either, but you've got to look outside of just Marriott or high end timeshares. The volume of listings on EBay is huge. How many completed sales are there through Redweek vs. EBay? I would suspect that there are several hundred a day though EBay. Not sure of Redweek's numbers. Without actual data we won't know, but I would expect far more timeshares are sold through EBay than are sold through Redweek only for the fact that there are a lot of brokers and PCCs listing bargain cheap weeks through EBay. Where Redweek may get more owners trying to sell their weeks at unrealistic prices on Redweek. Though we do see that on EBay too.

Today there are 1025 timeshares for sale on EBay, of course many will go unsold, just like many on Redweek won't be sold either.

 

[dioxide45]

I remember the good ole days when I could have had a 3 br Platinum GV or a Platinum unit in Crystal Shores for pennies on the dollar. I have my fair share of regrets because I hesitated to hit the bid button at the right time because I thought these deals would just keep coming, and I was taking my sweet time.

Rcently, keen on acquiring some more units from both coasts, I find very little offered now on eBay. Just one page was offered the other day, and not really the properties I was interested in or the season. Most units are sold by brokers or owners on the more or less established sites like here, myresortnetwork or redweek. Has the secondary market evolved or matured into a more established one or are there simply less people selling because most of us have cleaned up on the Marriott TS? Anyone have similar observations or a theory? If anyone thinks the good days are over, I'd better move fast before these go out of my reach. I've had my heydey in purchasing bargain basement timeshares.

I think the buyback program has drastically reduced the number of listings you see on EBay. I recognized this back in 2013 and asked about it in this thread. Given that an owner can call up Marriott and they will take the week back for more than one can get on EBay would naturally mean fewer listings on EBay. I remember when we bought Harbour Lake back in 2009, there were many pages of listings of Marriott weeks. Lots and lots of gold Orlando and Palm Springs units. Now the pickings are slim by comparison.

 

[NYFLTRAVELER]

A cousin picked up (subject to the ROFR) an annual Grande Vista 2br/2ba Floating Gold for $550 on eBay. Assuming for a moment it passes ROFR, is this a decent pickup if the objective is not to necessarily stay at Grande Vista each year, but rather to put into II for trade for other Marriott or Marriott caliber (e.g. Marriott, Westin, Hyatt type) properties during popular travel seasons or to use it to rent out for income (I believe the annual maintenance payments are approx $1300). Would be interested in your feedback. Thanks.

 

[dioxide45]

A cousin picked up (subject to the ROFR) a Grande Vista 2br/2ba Floating Gold for $550 on eBay. Assuming for a moment it passes ROFR, is this a decent pickup if the objective is not to necessarily stay at Grande Vista each year, but rather to put into II for trade for other Marriott or Marriott caliber (e.g. Marriott, Westin, Hyatt type) properties during popular travel seasons or to use it to rent out for income (I believe the annual maintenance payments are approx $1300). Would be interested in your feedback. Thanks.

Forget renting it out. You won't be able to make back the MFs on a gold Grande Vista 2BR unit. It is worth much more in II as a trader. Though trading for prime Marriott weeks is never easy, but not impossible. If one can travel during shoulder season, it works great. I know from experience.

 

[NYFLTRAVELER]

Forget renting it out. You won't be able to make back the MFs on a gold Grande Vista 2BR unit. It is worth much more in II as a trader. Though trading for prime Marriott weeks is never easy, but not impossible. If one can travel during shoulder season, it works great. I know from experience.

Thanks. Do you think a $550 purchase price (if it passes) is a fair value for a 2br/2ba Annual Floating Gold at Grande Vista?

As a DC points owner, I wouldn't know the first thing about how to deposit a floating gold week such as this to II as a trader and what depositing it could do for the owner of that week on the back end. if you don't mind, what do you think this week can get on the II market say during Christmas time, Presidents week, summer time and other months throughout the year?

I know that I once looked into putting my DC points to II to trade for something else and all I saw was 1 br or standard hotel rooms primarily in mexico.

 

[Sugarcubesea]

I don't have data either, but you've got to look outside of just Marriott or high end timeshares. The volume of listings on EBay is huge. How many completed sales are there through Redweek vs. EBay? I would suspect that there are several hundred a day though EBay. Not sure of Redweek's numbers. Without actual data we won't know, but I would expect far more timeshares are sold through EBay than are sold through Redweek only for the fact that there are a lot of brokers and PCCs listing bargain cheap weeks through EBay. Where Redweek may get more owners trying to sell their weeks at unrealistic prices on Redweek. Though we do see that on EBay too.

Today there are 1025 timeshares for sale on EBay, of course many will go unsold, just like many on Redweek won't be sold either.

When I was looking to purchase my timeshare, I saw and wrote down the unit numbers of the units I was interested in but we're unrealistically priced on red week and in most cases those same units would show up on eBay 6 to 8 months later at bargain basement prices.