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Latest Presentation Spin

kds4

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Resorts Owned
Marriott Weeks and DC Points
Had our latest ‘owner update’ in Orlando. Was pitched a $24k ‘insurance policy’ to ‘help me’ protect my ability to DOWNGRADE my ownership and/or “Save $200 a year on your maintenance fees”. Stay with me…

“You have weeks and points. You have more points than you’re using. Your maintenance fees on your weeks are costing you more than if you owned that value in points instead of the weeks you have in your ownership now. You should sell your weeks on Redweek. That will drop you down from CC to Executive, but you can ‘insure’ your ownership at Presidential by buying 1,500 points today. That will keep you above the minimum for Presidential after you’ve sold your weeks and you can use all of the money for selling your weeks toward the $24k you’d spend today on these 1,500 points guaranteeing your ability to downgrade your ownership in the future …”

So, $24k today to save about $200 year in MFs on those weeks versus points and be able to downgrade my ownership level…

Winning? Uhh, “No. Thanks” NEXT …😵‍💫
 

Fasttr

TUG Review Crew
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Connecticut
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Marriott's Grande Ocean (Enrolled)
MVC Trust Points
Gotta give 'em credit for thinking creatively. :rolleyes:
 

davidvel

TUG Member
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No. Cty. San Diego
Resorts Owned
Marriott Shadow Ridge (Villages)
Carlsbad Inn
Had our latest ‘owner update’ in Orlando. Was pitched a $24k ‘insurance policy’ to ‘help me’ protect my ability to DOWNGRADE my ownership and/or “Save $200 a year on your maintenance fees”. Stay with me…

“You have weeks and points. You have more points than you’re using. Your maintenance fees on your weeks are costing you more than if you owned that value in points instead of the weeks you have in your ownership now. You should sell your weeks on Redweek. That will drop you down from CC to Executive, but you can ‘insure’ your ownership at Presidential by buying 1,500 points today. That will keep you above the minimum for Presidential after you’ve sold your weeks and you can use all of the money for selling your weeks toward the $24k you’d spend today on these 1,500 points guaranteeing your ability to downgrade your ownership in the future …”

So, $24k today to save about $200 year in MFs on those weeks versus points and be able to downgrade my ownership level…

Winning? Uhh, “No. Thanks” NEXT …😵‍💫
At least they said sell them on Redweek, and not, "We'll take them back at no charge."
 
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This illustrates the reason we enjoy going to presentations. It is highly entertaining what BS they will come up with to convince you to part w your money. Points are a deal breaker. Expensive and won’t get you very far.

We will stick w our enrolled weeks. But this malarkey is fun to watch.
Especially when they say it with a straight face.
 

Luvtoride

TUG Review Crew
TUG Member
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New Jersey
Resorts Owned
Marriott Cypress Harbor
Marriott Ocean Pointe
Marriott Desert Springs Villas II
Marriott Grande Ocean
Wow, was this a “one off” idea by some creative salesperson or is this a new training tactic that MVC is using?
Did they at least pull up comparables of weeks sold on Red Week to support this tact? LOL, yeah right.


Sent from my iPad using Tapatalk
 
Joined
May 2, 2021
Messages
324
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Resorts Owned
Marriott grand vista
Ko olina
Canyon villas
Had our latest ‘owner update’ in Orlando. Was pitched a $24k ‘insurance policy’ to ‘help me’ protect my ability to DOWNGRADE my ownership and/or “Save $200 a year on your maintenance fees”. Stay with me…

“You have weeks and points. You have more points than you’re using. Your maintenance fees on your weeks are costing you more than if you owned that value in points instead of the weeks you have in your ownership now. You should sell your weeks on Redweek. That will drop you down from CC to Executive, but you can ‘insure’ your ownership at Presidential by buying 1,500 points today. That will keep you above the minimum for Presidential after you’ve sold your weeks and you can use all of the money for selling your weeks toward the $24k you’d spend today on these 1,500 points guaranteeing your ability to downgrade your ownership in the future …”

So, $24k today to save about $200 year in MFs on those weeks versus points and be able to downgrade my ownership level…

Winning? Uhh, “No. Thanks” NEXT …😵‍💫
Where were you? We got a similar pitch at lakeshore but they offer to “buy” out weeks back! Didn’t make sense and we bought some in bundles. So strange they pitch for and against weeks
 

WorldT

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At$ 200 per year savings, you will need 120 years to recover.
Seems to me this is reverse insurance!
 

kds4

TUG Member
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Marriott Weeks and DC Points
Where were you? We got a similar pitch at lakeshore but they offer to “buy” out weeks back! Didn’t make sense and we bought some in bundles. So strange they pitch for and against weeks
Interesting coincidence…if you believe in such things. Think they were looking for any way to pitch a sale.
 

pedro47

TUG Review Crew: Expert
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This illustrates the reason we enjoy going to presentations. It is highly entertaining what BS they will come up with to convince you to part w your money. Points are a deal breaker. Expensive and won’t get you very far.

We will stick w our enrolled weeks. But this malarkey is fun to watch.
Especially when they say it with a straight face.
How can any on this website enjoy going to any ts presentations? Not us .
 

DRH90277

TUG Member
Joined
May 3, 2015
Messages
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Location
So Cal to N Carolina
Resorts Owned
Marriott: Ocean Watch, Newport Coast, Grand Chateau, Custom House, Timber Lodge, VCP's.
In a nutshell, who can afford to buy 5,000 points for about $75,000 which could then be used to get a 1 week vacation? And then pay $4,000 in annual maintenance fees. This is really crazy stuff......

Are we financially inept or just crazy?
 
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dougp26364

TUG Review Crew: Expert
TUG Member
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Location
Kansas
Resorts Owned
Marriott Grand Chateau
Marriott Shadow Ridge
Marriott Ocean Pointe
Marriott Destination Club Points
Hilton Grand Vacation Club Las Vegas Blvd
Grand Colorado on Peak 8
Spinnaker French Quarter Resort Branson
Hilton took that angle with us a several years ago, except it was a downgrade that day, not in the future. All for the low cost of around $15,000. The lost amazing thing was she couldn’t understand why we weren’t jumping at the opportunity
 

goodbadugly

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Had our latest ‘owner update’ in Orlando. Was pitched a $24k ‘insurance policy’ to ‘help me’ protect my ability to DOWNGRADE my ownership and/or “Save $200 a year on your maintenance fees”. Stay with me…

“You have weeks and points. You have more points than you’re using. Your maintenance fees on your weeks are costing you more than if you owned that value in points instead of the weeks you have in your ownership now. You should sell your weeks on Redweek. That will drop you down from CC to Executive, but you can ‘insure’ your ownership at Presidential by buying 1,500 points today. That will keep you above the minimum for Presidential after you’ve sold your weeks and you can use all of the money for selling your weeks toward the $24k you’d spend today on these 1,500 points guaranteeing your ability to downgrade your ownership in the future …”

So, $24k today to save about $200 year in MFs on those weeks versus points and be able to downgrade my ownership level…

Winning? Uhh, “No. Thanks” NEXT …😵‍💫
The latest con!
 

davidvel

TUG Member
Joined
May 9, 2008
Messages
8,458
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5,404
Location
No. Cty. San Diego
Resorts Owned
Marriott Shadow Ridge (Villages)
Carlsbad Inn
Hilton took that angle with us a several years ago, except it was a downgrade that day, not in the future. All for the low cost of around $15,000. The lost amazing thing was she couldn’t understand why we weren’t jumping at the opportunity
She knew full and well. Just a good actress.
 

davidvel

TUG Member
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Location
No. Cty. San Diego
Resorts Owned
Marriott Shadow Ridge (Villages)
Carlsbad Inn
How can any on this website enjoy going to any ts presentations? Not us .
Not everyone is averse to confrontation and argument. Some even chose a profession where they do it every day. Others just enjoy seeing a liar squirm.
 

kds4

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Marriott Weeks and DC Points
Getting paid certainly beats 'arguing in your spare time' (apologies to MP
I will take $400 if offered. It just has to be cash or visa/MasterCard. Not resort credit or something like that.
it was a $300 visa and a $100 gift card to a choice of restaurants in Orlando (and the food was excellent).
 

DRH90277

TUG Member
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So Cal to N Carolina
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Marriott: Ocean Watch, Newport Coast, Grand Chateau, Custom House, Timber Lodge, VCP's.
The value of the timeshare offering seems "easily overwhelmed by trinket offerings" such as cash spiffs, resort credits, Bonvoy points, a few VCP points, Chairman levels, towels and toasters. The value proposition seems dead.

Getting older - I'm sorry but it used to be free toasters, blankets, etc. when we were young newlyweds :).
 
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