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Marriott's Lifetime Gift to Resale Owners!

FractionalTraveler

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There was a time in the not too distant past (prior to DC announcement) where many resale owners complained vigorously about how Marriott was allegedly treating them as second class citizens. The list of alleged inequities went on and on forever and the discussions on TUG raged for years on this topic.

Then came the DC announcement and with the introduction of the new Points based OPTIONAL ENHANCEMENT, resale owners were provided the gift of a lifetime IMHO.

Resale owners of units purchased prior to June 20, 2010 were automatically given the opportunity to join the DC for pennies on the dollar.

I wonder how Developer purchased customers must have felt when they heard this news? In the height of the real estate boom many of these same Marriott's direct purchasers spent $30K on Timeshares.

Why should someone as a resale owner (WHO PAID THOUSANDS LESS) for the same Platinum Ski week, enjoy the same privleges as the owner who paid a premium?

That is Marriott's lifetime gift to resale owners!
 
E

EducatedConsumer

I've read your trail of postings, and I wonder if you work for Marriott, and if so, what you do?
 

KathyPet

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Well it wasn't exactly a give a way. Resale owners paid quite a bit more to enroll their weeks that those who bought direct.
 

EKniager

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This is just nonsense. Not sure what you are bitter about but I am a happy owner of a developer and a re-sale unit. We are quite comfortable with the value of our investments. Since trading weeks for MR points makes zero economic sense (versus renting) there has never been a difference to us.
 

puckmanfl

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good morning....

Yikes... not another resale V. developer purchaser thread!!!

I purchased developer and am happy (although I wish i knew about resale)...I wish nothing but success to my Tugger friends that were smart enough to do resale!!!

The best to everybody..no animosity here!!!
 

SueDonJ

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OK, well, I'll be first to admit it. I've cried myself to sleep every night since 6/20/10. "Oh woe is me, how COULD Marriott have hurt me this way?!" <flailing, gnashing, sobbing>

Good gravy. :rolleyes:

"It is what it is." You can say it about practically every aspect of timesharing. All that matters is if you're happy with what you own, regardless of whether you bought it direct or as an external resale. If whatever you own gets you a little something extra from Marriott, enjoy it while you can because chances are Marriott will change it eventually - they always do. If you're unhappy about something it's nice to have TUG as an outlet to vent, but the sooner you accept reality and move on, the happier you'll be.
 

Whirl

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There was a time in the not too distant past (prior to DC announcement) where many resale owners complained vigorously about how Marriott was allegedly treating them as second class citizens. The list of alleged inequities went on and on forever and the discussions on TUG raged for years on this topic.

Then came the DC announcement and with the introduction of the new Points based OPTIONAL ENHANCEMENT, resale owners were provided the gift of a lifetime IMHO.

Resale owners of units purchased prior to June 20, 2010 were automatically given the opportunity to join the DC for pennies on the dollar.

I wonder how Developer purchased customers must have felt when they heard this news? In the height of the real estate boom many of these same Marriott's direct purchasers spent $30K on Timeshares.

Why should someone as a resale owner (WHO PAID THOUSANDS LESS) for the same Platinum Ski week, enjoy the same privleges as the owner who paid a premium?

That is Marriott's lifetime gift to resale owners!

"Beauty is in the eye of the beholder". Recognizing that, I agree, from my perspective although I may not state it quite so empahtically, recognizing the not everyone may see it that way.
One should not expect to get something for nothing. Options are never free. Yes, I had to pay for the new option. There is negligible downside and potentially huge upside for me, so the option had a future value potential.

Retrospectively (and in practice) it has proven to be even more valuable and offerred more flexibilty, ease , and successful exchanges in the last a
last 2 years for us than in the 12 years we have owned. Circumstances and preferences change and you really have no certainty about your needs going forward. They change. I have seen it here and personally repeatedly. If you can afford it,I recommend buying the option....its a type of insurance.
 
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pwrshift

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A 'widow' week!

I know someone who bought 3 platinum resale Manor Club originals on eBay...2 of them before the DC deadline. His total investment was less than $1400 and he asked me what to do about the DC plan. I advised him to forget about joining as one of the weeks would always be outside the plan...the price just to join the other 2 to the plan costs more than he paid for all of them...and he'd still have a 'widow' week.

Sure, there's nothing to be gained crying over the past. Just don't trust Marriott anymore as they've shown how little respect they had for their customers in the past, and will do the same tomorrow to their new and less informed owners.

As I ponder joining for the wrong reason...to save on the enrollment fee...it bothers me to give Marriott more money just to 'belong' and hope for the best. Fool me twice...shame on me. The only gift you'll get from Marriott is long gone...trust.
 

timeos2

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That's ridiculous. An owner is an owner no matter how they may have purchased. They pay the same fees and have the same use rights. If you thought it made sense to pay retail (& get the chance at travel points) while someone else saw equal or better value to the savings of resale what does that matter to Marriott (or you)?

If you now think you overpaid that's your problem. Marriott is out to get owners & make money. Treating all owners as owners is the only way that makes sense. There is no difference based on how someone buys or what they paid.
 

scpoidog

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What's your point?

There was a time in the not too distant past (prior to DC announcement) where many resale owners complained vigorously about how Marriott was allegedly treating them as second class citizens. The list of alleged inequities went on and on forever and the discussions on TUG raged for years on this topic.

Then came the DC announcement and with the introduction of the new Points based OPTIONAL ENHANCEMENT, resale owners were provided the gift of a lifetime IMHO.

Resale owners of units purchased prior to June 20, 2010 were automatically given the opportunity to join the DC for pennies on the dollar.

I wonder how Developer purchased customers must have felt when they heard this news? In the height of the real estate boom many of these same Marriott's direct purchasers spent $30K on Timeshares.

Why should someone as a resale owner (WHO PAID THOUSANDS LESS) for the same Platinum Ski week, enjoy the same privleges as the owner who paid a premium?

That is Marriott's lifetime gift to resale owners!

This is two years too late. What's the point of bringing this up now?
 

SueDonJ

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Just a reminder here, too, that the Marriott Rewards Points exchange option (which is the only difference between direct and resale purchases) is in no way a guaranteed lifetime benefit for any Weeks. It's always been an add-on to direct purchases and now it's an add-on to enrolled external resales as well. The related amendments state unequivocally that the benefit can be modified or terminated by Marriott at any time.
 

SueDonJ

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And one more thing - some of us who purchased direct did so because the particular intervals we wanted to own were not available through the external resale market at the time we purchased. For us it's just not true that we were uninformed or that we placed an unrealistic premium on the MRP exchange benefit.

If at that particular time we were more concerned with protecting our "investment dollars" than in being able to guarantee a certain unit configuration in a certain season at a certain resort, then we could and probably would have looked more closely at the external market.
 

gblotter

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I own both developer and resale weeks, so I guess I'll just have to be resentful of myself.
 

m61376

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I guess people who bought resale 3-6 years ago should be resentful of those who bought resale the last half of 2009 and the first half of 2010, because they paid less.:rolleyes:

I do feel that grandfathering prior resale owners was a good move by Marriott both financially and PR-wise. i also feel it is something that current resale owners should strongly consider when debating whether or not to join over the next month or so, because it may land up being a time limited opportunity at some point, and non-members may land up being second class citizens, so to speak, at some point in the future (or everything could stay status quo).
 

somerville

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As a resale owner, I didn't find Marriott's "gift of a lifetime" to be worth the price, and opted not to join the DC.
 

rickandcindy23

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Marriott devalued their own product when they decided resale owners were not to be given the same rights as developer buyers.

It's amazing to think about. Consider the irony of it. You sell your week to someone who can use it, and the things you found valuable about owning do not transfer to your buyer. So you have to sell it for far less, sometimes 95% less.

It's part of what makes timeshare such a sleazy product. That's my opinion as a person who only buys resale. Sleazy me.

My feelings are not just toward Marriott, but to every company who devalues their product in such a way, including DVC (we own), Starwood (we own and bought cheap), and Wyndham (resale buyers don't get VIP status of the previous owner).
 

Smooth Air

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[Text deleted at request of poster]
 
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brigechols

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I tried ignoring FractionalTraveler but the ignore feature doesn't work when someone quotes the post. FractionalTraveler should take this complaint to Marriott and stop stirring a two year old pot of snipes and gripes.
 

jlf58

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So 3 of the biggest hotel companies in the world screwed up ? Maybe they should have called you first for your opinion :)



Marriott devalued their own product when they decided resale owners were not to be given the same rights as developer buyers.

It's amazing to think about. Consider the irony of it. You sell your week to someone who can use it, and the things you found valuable about owning do not transfer to your buyer. So you have to sell it for far less, sometimes 95% less.

It's part of what makes timeshare such a sleazy product. That's my opinion as a person who only buys resale. Sleazy me.

My feelings are not just toward Marriott, but to every company who devalues their product in such a way, including DVC (we own), Starwood (we own and bought cheap), and Wyndham (resale buyers don't get VIP status of the previous owner).
 

rickandcindy23

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So 3 of the biggest hotel companies in the world screwed up ? Maybe they should have called you first for your opinion :)

Maybe so. It seems that a company should consider the resale value when they are talking up their product. The very nature of the timeshare sales pitch is to talk it up as something of value, then the company devalues it in the resale market, directly hurting those who fell for the pitch.

I just bought OKW points (250) for $45 each with 2011 included. I bought Marriott's Willow Ridge Platinum for 5% of retail.

Sleazy me. You are definitely a timeshare salesperson, admitted by you in many posts, so I definitely get the sarcasm.
 
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SueDonJ

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dioxide45

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I know early on after the DC announcement, that there were several direct purchasers that were very upset with Marriott and wrote letters to Marriott to voice their displeasure. They were sold the weeks based on the fact that resale purchasers couldn't trade for MRPs and that by buying direct they were also thus buying this option that they couldn't get from a resale.
 

GregT

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I know early on after the DC announcement, that there were several direct purchasers that were very upset with Marriott and wrote letters to Marriott to voice their displeasure.

Yes indeed, +1 for me.

[deleted skim comments -- not worth rehashing....]

and I don't think FT is a Marriott sales person, I think he is just very passionate about his timeshares. Please recall that FT transferred me 25 Trust Points for an experiment and I doubt a Marriott sales person would transfer me 25 TPs.

Best to all,

Greg
 
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