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Marriott Vacation Club Rental Program?

M

MntnClimr

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WKORV
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We own a Gold-season week at Marriott Newport Coast (unenrolled in Abound) that we occupy almost every year. On the MVC website I just noticed that Marriott has a Rental Program if we decide not to use our week.

How does this work?
Do I make a reservation first and then they tell me the rental value of that particular week or is it a flat rate based on Gold season?
Do they charge fees and how much should I expect from Marriott for my Gold week rental?
We usually reserve a good Spring Break week and rent it locally if we can't go.
 
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MntnClimr said:
We own a Gold-season week at Marriott Newport Coast (unenrolled in Abound) that we occupy almost every year. On the MVC website I just noticed that Marriott has a Rental Program if we decide not to use our week.

How does this work?
Do I make a reservation first and then they tell me the rental value of that particular week or is it a flat rate based on Gold season?
Do they charge fees and how much should I expect from Marriott for my Gold week rental?
We usually reserve a good Spring Break week and rent it locally if we can't go.
Click to expand...
You're undoubtedly going to do better on your own. With the MVC program, you have a reservation and you call MVC and they give you a a an offer. You accept or decline. It is based on the week you have a reservation for, but it is possible that many weeks get the same offer.

Marriott used to have a better program years ago where you would give them the week and they would rent it out on Marriott.com. Yes they took 40% of the rent as their commission but it usually turned out to be more than the current offers. If some or none of the nights rented, then you earned less. Before that "back in the day" they only took 20%, but they ruined the program when they started taking 40%. This caused some people to turn against them and sell their ownerships.
 
MVC can also tell you that they are not doing rental for what you own. I had enquired about Desert Springs Villas 1 red week ownership twice over the years and they said that they were not doing rentals for this property.
 
MntnClimr said:
We own a Gold-season week at Marriott Newport Coast (unenrolled in Abound) that we occupy almost every year. On the MVC website I just noticed that Marriott has a Rental Program if we decide not to use our week.

How does this work?
Do I make a reservation first and then they tell me the rental value of that particular week or is it a flat rate based on Gold season?
Do they charge fees and how much should I expect from Marriott for my Gold week rental?
We usually reserve a good Spring Break week and rent it locally if we can't go.
Click to expand...
When did you buy your week?
 
It's a Newport resale I snagged on EBay during Covid for next-to-nothing. We found ourselves often exchanging SummitWatch for Newport so we finally sold the SummitWatch and now visit Newport without the II hassle.

Although now if I drop my WKORV week in Abound we can get 3-4 weeks of vacation (depending on location/unit size/weeknight) so I'm thinking I don't even need the resale Newport week any more!
 
MntnClimr said:
It's a Newport resale I snagged on EBay during Covid for next-to-nothing. We found ourselves often exchanging SummitWatch for Newport so we finally sold the SummitWatch and now visit Newport without the II hassle.

Although now if I drop my WKORV week in Abound we can get 3-4 weeks of vacation (depending on location/unit size/weeknight) so I'm thinking I don't even need the resale Newport week any more!
Click to expand...
Either way, I think you would come out far ahead with a good exchange vs. any Marriott rental program.
 
You will come out ahead by renting yourself, but the idea of having the rental done with and paid out by Marriott is enticing. Three things though - you won't even get enough to pay your maintenance fees and they will report to the IRS. But the big thing is that they almost never take rentals anymore. I have asked several times about a platinum week I have and they always say they are not taking any. We asked for another week a family member had, also not available. So the option seems to have all but disappeared.
 
There are no set offers on seasons based on my experiences. There isn't even a guarantee they will take your week. As i understand, they will take your week based on the demand they are seeing/anticipating. What Martiott does with you week once they have it is unknown to me. I suspect they could rent it, use it for their encore program, convert it to destination points or any number of things.
So first thing you need to do is reserve the very best week you can (which you should always do if renting or exchanging). You then call Owner services and tell them you have a week you would like to rent. they get your info and put you on hold for a few minutes. they then come back and will let you know if they want your week and what their offer is. At that point you can accept or decline it. If you accept they will email you some forms to complete and within 6-8 weeks you will receive their payment.
I have gone this route for the past two years with pretty good success. they have taken two of the three weeks I have offered and at competitive offers of about 1.5 x MFs. I plan on calling them again in a week or so to see if there is any change on the week that was declined.
Yes, it is possible to do better on some other services but in terms of ease, upfront costs and speed of repayment I find this option very attractive. I have found the rental market also getting more competitive. It seems like much more owners are putting their weeks up for rent. Whether this is due to the economy, changing demographics or just more awareness that rentals can be done successfully. It also remains to be seen if rental rates can keep up with the rapid rise in Maintenance fees.🤔

Just my two cents
good luck
 
Thanks to everyone for all the info! I called Marriott today and they offered $1300 for my Newport week, less than the Maint Fee...not good! ha ha.
They also said the only 2025 Spring week they are accepting must be checking-in on the first weekend of April.
 
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