Help! In with sales at NCV right now.

[Dean]

We are hoping to go to Ko olina in 2024 and my husband is worried that our NCV won't be able to trade for it in II (because of the sales pitch where they said marriott is pulling all their inventory from II from now on). We were offered to be able to enroll our deeded week (that we bought on redweek in 2020) which we were told we would NEVER be able to enroll- but we'd have to buy 2500 additional points (so with the points our week would give us we'd have 5975 points when we don't elect to use our week as a week on it's own).

I personally think it would be better to buy a second week at NCV and just trade it or sell it.

Personally I'd buy an Aruba 1 BR week to enroll. Slightly more up front but a decent amount cheaper yearly going forward and you'd have the Aruba option in addition. Assuming one was set on enrolling anyway.

 

[CourtShorr]

Personally I'd buy an Aruba 1 BR week to enroll. Slightly more up front but a decent amount cheaper yearly going forward and you'd have the Aruba option in addition. Assuming one was set on enrolling anyway.

We have always been told we couldn't enroll a week purchased outside marriott - and yesterday they said this is the only time we'd be allow to enroll our external week. Is that not the case?

If we were to buy an Aruba week how would we enroll it?

 

[VacationForever]

We see Ko Olina deposited all the time. I traded into Ko Olina for 2 weeks in a 2BR last May with my Desert Springs Villas I, locking off into 2 sides/trades.

 

[CourtShorr]

We see Ko Olina deposited all the time. I traded into Ko Olina for 2 weeks in a 2BR last May with my Desert Springs Villas I, locking off into 2 sides/trades.

That's great to read.

Have you noticed any changes in II since marriott added vistana/sheraton

 

[VacationForever]

That's great to read.

Have you noticed any changes in II since marriott added vistana/sheraton

II is well and alive. In fact, we see better Vistana deposits now, including 2BR in lower season again, where Vistana had been depositing only 1BR for resorts with lockoff units for the past 5 years.

 

[Pamplemousse]

If you are worried about one vacation just buy the vacation- stays are available on redweek all the time. Points/ weeks are a long term yearly investment as you know.
Good luck- I think you’d get your II exchange with an early request too.

 

[Dean]

We have always been told we couldn't enroll a week purchased outside marriott - and yesterday they said this is the only time we'd be allow to enroll our external week. Is that not the case?

If we were to buy an Aruba week how would we enroll it?

Just high pressure sales lies. They've had the program to enroll non qualified weeks every year for a number of years. If you want to PM me I'll be happy to provide my Aruba contact. I've seen no indication he does these type of things and quite the contrary, seems to be very upfront and straightforward. He responds, he follows up and he'll look for a week if they don't have it. The price per point will likely be the same which means it'll be more up front since the 1 BR is 2900 points but the yearly fees will be around $1500 for the Ocean Club week compared to around $1850 yearly on the same number of points. You may want to step back and decide how you want to use these options over the next 10 years or so, that will give you a better perspective than worrying about a single HI trip. IF you decide you really need more points you might want to consider buying additional resale weeks then enrolling as a group. It'd be more expensive obviously but it'd give more points and a better per point buy in. Aruba is not the only enrollment options but it likely is the best for 1 week. For a larger group of weeks, it's also a good option but so is Spain.

 

[DanCali]

We are hoping to go to Ko olina in 2024 and my husband is worried that our NCV won't be able to trade for it in II (because of the sales pitch where they said marriott is pulling all their inventory from II from now on). We were offered to be able to enroll our deeded week (that we bought on redweek in 2020) which we were told we would NEVER be able to enroll- but we'd have to buy 2500 additional points (so with the points our week would give us we'd have 5975 points when we don't elect to use our week as a week on it's own).

I personally think it would be better to buy a second week at NCV and just trade it or sell it.

I can't comment much on II because we don't use it much for trades, but from what I read here, Ko Olina is not a hard trade.

I own at NCV both enrolled and unenrolled weeks. I'll give you the following perspective. The 3475 points NCV Platinum converts to are a low number relative to the real value of the week. What I mean by "real value" is rental value. For example, if you are part of the DC Exchange you can rent 3475 points from another owner for about $2400 (assuming $0.70/point rental cost). But your NCV Platinum reservation will rent out for $3500+ (if peak summer week). So if you want to use points in a given year, a good strategy would be to book a summer week, rent it out and then use that cash to rent 5000+ points, which is 50% more currency than 3475. Of course to rent points you need to be a part of the DC exchange, which you can do by buying 1500 (maybe as low as 1000) points resale which should cost you about $6/point. Then you can rent more points from others as you need them.

I clearly like your idea of buying a second NCV week better, since I own several myself. If you own 2 weeks you will be able to make reservations at 13 months out and increase your chances of getting the reservations you want. Moreover, and this is important to keep in mind, if you ever decide to enroll your weeks in the future, odds are that the cost of enrolling 2 weeks will be not much higher than you were offered for the one week, so you get a better "bang for your buck" enrolling multiple weeks and you will also get to Executive status (7000+ points) which is where the greatest jump in benefits is.

Frankly, it's nice to have weeks enrolled and you feel like it adds flexibility, but the only NCV weeks worth considering trading for DC points are the Platinum Plus week 26 and, to a lesser extent, Platinum Plus week 52 which convert to 5300 DC points and 4625 DC points, respectively. Otherwise, the rental value you'd be foregoing by trading for points is too high for just 3475 points, and those 3475 points often don't get you as much as you'd like.

We have always been told we couldn't enroll a week purchased outside marriott - and yesterday they said this is the only time we'd be allow to enroll our external week. Is that not the case?

If we were to buy an Aruba week how would we enroll it?

These offers have always been around, and you will likely always get them in one form or another. It's their best method to entice resale buyers like you to buy from the developer... If you'd consider paying a large sum to enroll resale weeks, my advice is that you should attend a presentation with as many resale weeks in your back pocket as you can have, and don't take the first offer.

I personally suspect the cost of enrolling weeks will go down significantly over the next few years, as it did on the Vistana side. Vistana used to require $20K purchase to "requalify" a week and $40K if that week was in the Hawaii or Caribbean. Now the requirement is $10K for 1 week (any week) and $5K for additional weeks. There are only so many people willing to pay $25K-$30K to enroll a week into an exchange company - then prices have to come down or their closing rates (a metric they disclose in earnings calls) will tank.

 

[HudsHut]

Please assure your husband that you will have no problem using NCV to make an exchange through II into Ko Olina. However, I recommend that you buy a more efficient resort, which locks off, and use that for the exchange instead. Save your NCV for your annual trips.

 

[davidvel]

We are hoping to go to Ko olina in 2024 and my husband is worried that our NCV won't be able to trade for it in II (because of the sales pitch where they said marriott is pulling all their inventory from II from now on). We were offered to be able to enroll our deeded week (that we bought on redweek in 2020) which we were told we would NEVER be able to enroll- but we'd have to buy 2500 additional points (so with the points our week would give us we'd have 5975 points when we don't elect to use our week as a week on it's own).

I personally think it would be better to buy a second week at NCV and just trade it or sell it.

You are considering spending over $30,000 to go to Ko Olina in 2024?

When do you want to go, in what size unit, and what view? IF you bought points (or enrolled your week), how many DC points would you need to go to Ko Olina in 2024? What would they cost (upfront and annually)? What would that week cost on Redweek?

 

[kds4]

They want us to enroll our week (for 3400 points) if we buy 2500 points. They want 32,000$.
We bought our week on redweek originally.

Worth it? We've never had points.

We'd end with 5975 points.

There will be other offers (we know from experience). Save your $32k (to put gas in your car), and take your time to think about/learn the program. Preparation will help you with future MPG - Marriott Presentations Guaranteed ...

 

[Bill4728]

I'm going to go the other way. IMHO I think the deal of $32K for 2500 pts and enrolling your resale week worth 3400 pts is a good deal.

You'll end up with 5900 pts for $32K and whatever you paid for your resale week ( lets say $5000) so for $37K you'll have 5900 pts (or $6.23 / pt) Most people would say that ~$6/pt is a good deal.

RE:

"because of the sales pitch where they said marriott is pulling all their inventory from II from now on "

While true MVC is pulling their weeks from II it is also a lie. WHY? Because they are pulling the weeks they control within MVC/ "the DC" They are unable to pull resale weeks from II because they don't control II inventory outside of MVC.
So in the coming months, if a resale week is deposited into II, it becomes available first to other MVC resale owners then to all of II. BUT MVC owners using rerolled weeks or DC pts will not see these deposits because MVC will hide them on the corporate II account that many MVC owners have.

 

[DanCali]

Remember that all they are offering you is to enroll that week into an exchange program.

You are paying $35,000 = Destination Points + NCV "Enrollment Fee"

Regarding the 2500 DP (which you may not need or want) - they have a resale value of approximately $7500 if you try to sell them in a month. So, since the value of the points is actually only $7500 if you tried to sell them, your "Enrollment Fee" for that one week is about $27,500. Does that sound like a reasonable "enrollment fee"?

I'm going to go the other way. IMHO I think the deal of $32K for 2500 pts and enrolling your resale week worth 3400 pts is a good deal.

You'll end up with 5900 pts for $32K and whatever you paid for your resale week ( lets say $5000) so for $37K you'll have 5900 pts (or $6.23 / pt) Most people would say that ~$6/pt is a good deal.

Two ways to look at the same transaction and reach totally different conclusions - I guess it all comes down to how you view things.

At least on TUG you get multiple perspectives. A salesperson will give you just one of these versions.