Marriott Direct resales

[jlf58]

I just spoke to a co-worker who says MVCI is selling resales at about 1/2 off and they still get Mariott Rewards points but not the new system. Looks like a great way to go so thought I would share

www.marriottvacationclub.com/resales

Marriott Reward Points every year

Manor Club Platinum
$7,800 (was selling for $24,700)
110,000 every year with a two bedroom II Cert as an incentive
!




Great all around with points every year

Beach Place Platinum
$15,600 (was selling for $32,800)
Lock off, 110,000 every year, great exchanger, with a two bedroom II Cert as an incentive




Hawaii
Kauai Beach Club
$14,000 (was $26,300)
2 bedroom lock off, 125,000 points every year, with a two bedroom II Cert as an incentive




Waiohai
$18,400 (was $39,900)
Island View 2 bedroom Platinum, with a two bedroom II Cert as an incentive




Orlando
Grande Vista
$8,900 (was $27,500)
2 bedroom Platinum Season, Lock off, 110,000 every other year, with a two bedroom II Cert as an incentive




Ski
Mountainside Platinum
2 bedroom lock off,
125,000 every year
$24,900 (was $52,900), with a two bedroom II Cert as an incentive

 

[sparty]

Wonder where the inventory is coming from? ROFR?

 

[cp73]

Interesting....I guess they are waking up. If they reduce another 50% they might be getting closer to market value.

 

[EKniager]

Interesting....I guess they are waking up. If they reduce another 50% they might be getting closer to market value.

My guess is that they can still sell as a premium to the eBay resellers. There's a degree of safety in buying from Marriott and there are buyers willing to pay more for that perceived security.

 

[BocaBoy]

Wonder where the inventory is coming from? ROFR?

These are all weeks owned by individual owners like us who have listed them for sale through Marriott. I sold my Waiohai week this way and had a Sabal Palms unit listed when Marriott decided to buy it back from me for the trust.

 

[pwrshift]

Pushing the idea of getting MR points for trading every year seems misdirected in this economy and the ever increasing annual MF to the level you could buy the points from Marriott and still have your week to use. Getting 110,000 pts for MMC was great when MF was $450 but very doubtful now at $1000 for the same number of points.

Brian

 

[billymach4]

These are all weeks owned by individual owners like us who have listed them for sale through Marriott. I sold my Waiohai week this way and had a Sabal Palms unit listed when Marriott decided to buy it back from me for the trust.

How can that be the case when you get the MR points? MVCI will not honor MR points if sold privately resale?

 

[SueDonJ]

How can that be the case when you get the MR points? MVCI will not honor MR points if sold privately resale?

Prior to the introduction of the DC, Weeks sold through the Marriott Resales office had always been considered to be direct purchases - pricing was the same as direct and the Marriott Rewards benefit was included. (We bought two weeks and didn't realize one was actually a Marriott Resale until we noticed the differences in the two contracts while signing. The rep advised it made no material difference, one was simply a week that Marriott had obtained from a former owner.)

The difference now is that Weeks sold through that office are no longer considered for all intents and purposes to be direct purchases. Prices are discounted and not all Marriott Resales Weeks are eligible for DC enrollment, but the MR benefit remains.

 

[m61376]

Interesting sales strategy- by selling resale weeks eligible for MR points, they potentially get more weeks to use as they see fit ( rental or inventory for DC).

 

[BocaBoy]

Interesting sales strategy- by selling resale weeks eligible for MR points, they potentially get more weeks to use as they see fit ( rental or inventory for DC).

True, but I think the main reason they do it is to help with the resales, where they get a 40% commission on the sale. I do not understand why they do not include full DC eligibility on such resale weeks. These are not the same thing to MVCI as resale weeks bought on the private market through Red Week, Ebay, or elsewhere.