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Is this a good purchase

Tucsonadventurer

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I am looking at a resale 2 bdrm platinum at Newport Coast that advertises as floating weeks . I am a Hyatt owner now and am not all that familiar with Marriotts system. At Hyatt we own specific weeks. If you own a floating week is it easy to get in to your home resort in a summer week? What is tradability. I know you need to get into interval to trade. Is that doable. Is it impossible to trade into Hawaii.
 

CCR

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Generally it is harder to reserve a summer week June-August while kids are out of school at NCV. I think a September week would be easier to get and would trade well enough for Hawaii depending on when you want to go and how large of a room. I've seen 2 bedrooms at all the Marriott resorts on exchange available but not at the prime time.

You may want to consider a 2 bedroom lock out at a different resort (Canyon Villas is very nice) if you are using it mostly to trade so you can get several trades for 1 year of maintenance fees.
 
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Tucsonadventurer

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Do they sell individual weeks still on the resale market?
 

davidvel

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CCR

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You can purchase from the official Marriott resale office. I can't remember but it seems a Plat annual at NCV was around $13,000.

If you buy from an individual or resale broker such as on Redweek or Tug then the going price is around $8000-$9500. I haven't seen any for $8000 in the last little while. I bought mine from Samuel Rodriguez (resale broker) and he was great, transaction was very smooth.

The gold seasons are a great deal and those owners state scheduling is easy. NCV has good trading power so reserving either gold or plantinum weeks will result in good trades.

Some people will purchase off ebay too, as that is often the cheapest route.
 

suzannesimon

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I own both Hyatt and Marriott. I love the Hyatt fixed weeks - no stress. However, I 've always gotten my Marriott choice. You really have to be on your computer reserving your first choice at exactly 9 am Eastern time. Your chances are excellent you will get exactly what you want.

Second option is buy 2 weeks and if you book them contiguous or consecutive dates, you can reserve at 13 months - no drama at all that way.
 

Tucsonadventurer

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Thank you for all your suggestions. So has Marriott always sold floating weeks or did they start out selling specific weeks. I may be mixing up programs . I saw a platinum week on Tug for around 9,000. What would you expect a resale gold to cost. I would most likely not go through the developer for resale. I will check out the name you recommend. We used Fidelity for our Hyatt and had a good experience also.
 

CCR

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Marriott originally had floating season weeks and stopped that program in 2010 and moved to a points program. Those people who bought resale after the points program in 2010 started can't enroll their weeks into points. Maybe sometime that will happen in the future, but I heard just last week from the resale department that that will never happen.

There are fixed weeks at resorts that sell for a premium (NCV the week 26, July 4th). The people that own these weeks don't have to worry about competing with others to get their week.

Gold resale would to cost....$4000 to $5000. Last year was $4000 but prices are looking closer to $5000 right now.
 

Ty1on

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Marriott originally had floating season weeks and stopped that program in 2010 and moved to a points program. Those people who bought resale after the points program in 2010 started can't enroll their weeks into points. Maybe sometime that will happen in the future, but I heard just last week from the resale department that that will never happen.

There are fixed weeks at resorts that sell for a premium (NCV the week 26, July 4th). The people that own these weeks don't have to worry about competing with others to get their week.

Gold resale would to cost....$4000 to $5000. Last year was $4000 but prices are looking closer to $5000 right now.

In timeshare, it seems like things that will never happen can happen.....
 

Tucsonadventurer

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I appreciate all the input. We love our Hyatt week and have been looking at adding either a Marriott or Westin. Westin seem high even on the resale market.
So with the changes in the program is it an advantage or disadvantage to own a floating week? If you aren't on the computer at the exact time it sounds like you
could have difficulty getting your week.We usually like to travel in summer to get away from the AZ heat, usually June through Sept. Reading through it seems that most have been happy with Marriott.
To exchange a resale floating week you go through II? I'm assuming that is around 200 to trade a week. We have not used Interval yet trading internally with Hyatt our first year. Can you break up a week or a lock off or trade down to a 1 bdrm to extend your week? Last year with Hyatt we ended up with close to 5 weeks of vacation from our 1 week lock off. We considered getting a second Hyatt week but the locations are limited.
 

presley

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To exchange a resale floating week you go through II? I'm assuming that is around 200 to trade a week. We have not used Interval yet trading internally with Hyatt our first year. Can you break up a week or a lock off or trade down to a 1 bdrm to extend your week? Last year with Hyatt we ended up with close to 5 weeks of vacation from our 1 week lock off. We considered getting a second Hyatt week but the locations are limited.

You will trade in II. If you buy a lockout, you can pay a fee to break it apart and make 2 deposits. Newport Coast Villas does not have any lockouts. If you buy there, you can only make the one deposit.
 

Tucsonadventurer

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Thanks Presly. I will keep looking to see which locations have lock offs as that seems to better fit our needs.
 

Tucsonadventurer

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Wonderful list! Thank You. You guys are organized
 

Tucsonadventurer

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One more question- How much of an advantage is a 2BL fixed week over floating in trades?
 

Fasttr

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One more question- How much of an advantage is a 2BL fixed week over floating in trades?

Before trading a float, you book a week with MVC in your season. Then you trade that specific week with II. II uses the trading power of the specific week you trade, so a floating week inside a season can have differing trading power based on what you book.

You will need to get the seasons calendar for the resort you are pondering....and compare that to the II Travel Demand Index (TDI) to see how things line up.

Here are things for Grande Ocean as an example.

Season Calendar https://www.my-vacationclub.com/common/respages/pdf/resorts/gr/grandeocean.pdf

Travel Demand Index (click on Travel Demand Index to the right of the picture when you get to the page) https://www.intervalworld.com/web/cs?a=1503&resortCode=MGO#.Vb_F12fbLGg

So when comparing weeks inside a season, the TDI can have big swings. Take a look at Gold season in the examples above.

The best advice if you are going to trade a float, is to book the highest TDI week you can in your season.

You can Google these 2 items for any of the resorts....just Google "Marriott's XXXXXX Calendar" (where XXXXXX is the resort name) or "Marriott's XXXXXX Interval International" and you should be able to find what you need.
 
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