Marriotts new policy

[thinze3]

Save that letter for when the change it. It will make for a great thread

I couldn't agree more!

.

 

[ricki999]

Davis6, did you ever make your purchase????

 

[MikeM132]

The fee for the FC actually only works out to be $4 a year extra.

How do you figure that? They charge me $30.

 

[thinze3]

How do you figure that? They charge me $30.

It has been discussed hear on Tug many times. Marriott owners that are not Florida Club members pay a $26 fee that Florida Club members do not, for a net cost of only $4.

 

[davis6]

CHANGE IS GOING TO HAPPEN resale owners act now

Davis6, did you ever make your purchase????

I just purchased from Marriott direct. I bought at NCV platinum and platinum plus (4th of July)

I asked the sales people face to face and confirmation was given that change IS GOING TO HAPPEN REAL SOON.

The document and the particular language is being drafted as we speak. the head salesman was supprised it was not into effect yet. If you want to sell a Marriott TS go through them directly rather than on the resale market. At least I think that will be the best way.

If you own a resale I would suggest you call Marriott and make sure you get grandfathered in. I wish you all luck.

 

[davis6]

Marriott used to allow you to sell your unit thru their real estate closing division and the new owner bought at the current Marriott sales price and got ALL the benefits of a direct sale. (No incentives though)

You simply called Marriott and the sale was run through them and someone paid the closing costs of $1,200 back then and the new buyer would deal with Marriott direct.

You, the seller, got back the purchase price minus 40% Marriott real estate commission minus the closing fee.

Why someone would do this is questionable – I guess it made so little sense that Marriott might have just stopped offering it.

Apparently they still do this. Is it not true?

 

[suenmike32]

This has been discussed repeatedly on TUG over the past several months. Its amazing how high ranking execs at the top of Marriott's food chain have denied this in writing, however a relatively low ranking Marriott employee, (namely a salesman who will likely promise you the stars) has the "inside dope".
I don't believe there's an ounce of truth to what the salesperson is saying!
Mike

I just purchased from Marriott direct. I bought at NCV platinum and platinum plus (4th of July)

I asked the sales people face to face and confirmation was given that change IS GOING TO HAPPEN REAL SOON.

The document and the particular language is being drafted as we speak. the head salesman was supprised it was not into effect yet. If you want to sell a Marriott TS go through them directly rather than on the resale market. At least I think that will be the best way.

If you own a resale I would suggest you call Marriott and make sure you get grandfathered in. I wish you all luck.

 

[thinze3]

...I don't believe there's an ounce of truth to what the salesperson is saying!
Mike

Agreed! This is for the time being a dead horse issue and the same old salesman crap we have been hearing for quite sometime.

If anyone hears this from a salesperson, simply report it to Marriott's Exec department and that salesperson will most likely be reprimanded as some of the earlier posts in this thread suggest. And remember, never pay the premium to buy a unit from the developer until you have researched it thoroughly first. Tug is a great place to start.

 

[davis6]

You know how these timeshare purchases get addicting.

So yes I purchased 2 weeks direct from Marriott,

I decided to purchase a platinium plus week resale that gave me guaranteed the 4th of july week at Newport coast villas. I figured then they could not mess around with changing the rules on me. I purchased in the low $20,000 and they waived their first right of refusal, Good idea? We will see. I bet on it.

 

[pwrshift]

How did you purchase a resale direct from Marriott for only $20,000 for a fixed July 4th week? I would have thought Marriott's price would be in the $30,000+ range now ... and include a bucket full of MR points?

Brian

You know how these timeshare purchases get addicting.

So yes I purchased 2 weeks direct from Marriott,

I decided to purchase a platinium plus week resale that gave me guaranteed the 4th of july week at Newport coast villas. I figured then they could not mess around with changing the rules on me. I purchased in the low $20,000 and they waived their first right of refusal, Good idea? We will see. I bet on it.

 

[SDKath]

I was quoted $32,000 for Plat+ last month from Marriott. Is there something you know that I don't??


Katherine

 

[camachinist]

Whoa....platinum is 32K. Plat+ is closer to 40K. Now, if Marriott's done a price dump..... I'm quoting prices from a year ago.

A resale Plat+ cleared @ 22K IIRC. I believe Seth had posted something about that in the recent past. So, low 20's sounds right....

Pat

 

[davis6]

I need to make that a bit more clear. I bought a total of 3 weeks. 2 from Marriott and one on the resale market for $22k.

Yes the direct prices are as you say. P32K PP40k

I was thinking if you can purchase a platinum plus then they essentially loose the ability to restrict the TS due to being purchased on the resale market.

 

[taffy19]

Congratulations

That was a great re-sale purchase as you now have one of the best weeks in your season. If you don't use it, I hope you will rent it out for big bucks or do a direct exchange with another owner who also owns a platinum plus week! If you exchange it, you would always be trading down so not a good idea.

You also have the feature of reserving at your home resort at 13 months out for the other two weeks. You must like that location and you don't live far away either. That's another big plus. That is important too today with the high airline ticket prices today. Something to think about for in the future.

 

[davis6]

That was a great re-sale purchase as you now have one of the best weeks in your season. If you don't use it, I hope you will rent it out for big bucks or do a direct exchange with another owner who also owns a platinum plus week! If you exchange it, you would always be trading down so not a good idea..

I do live fairly close so if I do have to visit my home resort I will be VERY happy doing so. I have 4 children so the fun festivities over the 4th of July at NCV will be great.

On the exchange I am hoping to do exactly that, Exchange for other platinum plus weeks. I would like to see some different categories on the direct exchange board. Or are there already ways to categorize. We are hoping to go to Park City UT around Christmas time if I can find that exchange.

I have no idea what this week should rent for. I rented it to some friends for $2500.00. I already had plans to go to Yosemite this year over the 4th

The 13 month rule works great for me and that was a big reason in purchasing the Platinum Plus as I get the guaranteed 4th and essentially the week after as well. I should have relatively no competition unless they own the 4th also. I had thought about this for quite some time and feel this is the least frustrating way to secure the 1st two weeks in July.

 

[davis6]

That was a great re-sale purchase as you now have one of the best weeks in your season. If you don't use it, I hope you will rent it out for big bucks or do a direct exchange with another owner who also owns a platinum plus week! If you exchange it, you would always be trading down so not a good idea.

I was under the impression that if you trade high demand weeks that II would give you a bonus week of sorts for the trade. I am still very much a rookie so I will learn from you great people and from experience.

Thanks TUG members
Brent

 

[Dave M]

I should have relatively no competition unless they own the 4th also.

Although I agree that you should generally be able to get the first two weeks of July with your plan, you will have competition for that second week. Someone owning a floating week at another Marriott and a floating summer week at your resort could call and reserve the first week of July at that other resort and the second week of July at your resort. Worse for you, someone owning three (or more) weeks at various resorts could call at least a week before you can! So be sure to call at exactly 9:00 a.m. Eastern time 13 months in advance!

Many people here make such multiple-resort reservations at 13 months and then deposit or rent one or more of the reserved weeks.

 

[thinze3]

Although I agree that you should generally be able to get the first two weeks of July with your plan, you will have competition for that second week. Someone owning a floating week at another Marriott and a floating summer week at your resort could call and reserve the first week of July at that other resort and the second week of July at your resort. Worse for you, someone owning three (or more) weeks at various resorts could call at least a week before you can! So be sure to call at exactly 9:00 a.m. Eastern time 13 months in advance!

Many people here make such multiple-resort reservations at 13 months and then deposit or rent one or more of the reserved weeks.

And to add that someone who also owns a less expensive week, such as Grande Vista platinum, could book a day ahead of you, as MGV offers Thursday check-in vs. Friday for NCV.

 

[Rush]

Worse for you, someone owning three (or more) weeks at various resorts could call at least a week before you can! So be sure to call at exactly 9:00 a.m. Eastern time 13 months in advance!

Sorry Dave - I don't get it.

I wasn't aware that there was a diff between owning 2 weeks v owning 3 or more weeks from the standpoint of the 13 month rule.

That being said, I am a newbie, and I'd be lying if I said that I don't find the above just a tad confusing...

Can you please help? [As you always do...]

Thanks!

 

[luv2vacation]

I think what Dave means that if someone owned, say 3 weeks, and if they booked those weeks consecutively and the July 4th week was the middle week of the 3 booked, they would be eligible to book one week sooner than someone with 2 weeks.


For instance (someone correct me if I'm wrong, as I have never actually done this since I don't own 2 weeks...yet):

You own 2 weeks. You want to book weeks July 3 & July 10, 2009 (both Friday check-in to include July 4th weekend). You can call (or book online) as of June 3, 2008 (I think I have the date right).

I own 3 weeks. I want to book weeks June 26, July 3, & July 10, 2009 (3 consecutive Friday check-ins with the July 4th week being the middle week). I can call (or book online) as of May 26, 2008 for all three weeks.

That's a 1-week advantage because I have an extra week to work with.

 

[Andar]

One more suggestion for Davis6:
Please join TUG it will be the best $15 you spend for timesharing and you will support these boards. :whoopie:

 

[Dean]

Sorry Dave - I don't get it.

I wasn't aware that there was a diff between owning 2 weeks v owning 3 or more weeks from the standpoint of the 13 month rule.

That being said, I am a newbie, and I'd be lying if I said that I don't find the above just a tad confusing...

Can you please help? [As you always do...]

Thanks!

The 13 month rule is from the first week if you are reserving consecutive weeks. In theory (and to make the point) if you owned the right 52 weeks (less with lockoff's), you could then book for the next year and effectively book the last week a full 2 years and 1 month out. And as noted above, it's 13 months from the first day of check in for the first resort so one starting with a resort that has a Thursday check in would be essentially a day ahead of everyone else. I did this exact thing 2 weeks ago. I called 13 months out from the Thursday of week 23, locked off my Branson 2 BR reserving the studio for week 23 (Sat start), the 1 BR for week 24 then all 3 of my HH weeks for week 25 which is the week I wanted there. Certainly MVCI could change the rules in a way that affects the 13 month rule. The current rule where you can reserve and start date at one time benefits those using the 13 month rule but keeps everyone from having to call back every day to try to get a specific week.

 

[Dave M]

Stated another way, in the July 4th week example, someone owning three weeks could call two weeks before the 4th of July week and reserve, consecutively, that week (June 20) for the next year, the following week (June 27) and the week after that (July 4).

The 13-month rule allows you to call 13 months in advance of the first week you plan to reserve and then reserve as many weeks consecutively as you own, as long as you are reserving them in the seasons you own. Thus, the more weeks you own, the better your chances of getting whatever you want when you call, assuming you have worked out the reservation strategy so that the most in-demand week that you plan to reserve is one of the later weeks.

 

[Rush]

Thanks Dave, Dean, n Luv!

 

[davidvel]

(note: this is not a legal opinion and should be relied upon as such.)
Rights to reserve your use week. The following is paraphrased from the Shadow Ridge Timeshare Declaration document.

"Timeshare Interest" is defined as the interest in the timeshare condominium referenced in the respective Timeshare Declaration for the resort--it is not a global statement of any interest managed by Marriott (it is defined as an interest in the home resort only). para. 1.85 and 1.87.

Reserving
para. 2.1-d-i: Owners who own more than one "Timeshare Interest" (see above) may reserve use weeks 13 mos. in advance of (down to 75 days before) the use week reserved, only if they reserve such weeks concurrently or consecutively.

para. 2.1-d-ii: Owners other than above may reserve use weeks 12 mos in advance of (down to 75 days before) the use week reserved.

remaining provision relates to reserving within 75 days.

Importantly, "Owner" is defined as any owner of a timeshare interest deed, or any successor purchaser para 1.61.

These provisions are obviously the most material part of a timeshare owner's rights with respect to the property. I can see no conceivable way the substantive rights granted by the Timeshare Declaration could be unilaterally altered by Marriott or its affiliated companies.

On an interesting aside, not to create a war among owners, it is my opinion that if Marriott gives preference to owners (ie 13 month res.) who do not own two weeks in a single resort (ie. governed by the same Timeshare Declaration, CC&Rs and condo plan), they are not following the TS Declaration to the detriment of single week owners.

Any new policy would apply only to new interests sold by the declarant under some new revised restriction. It could not apply to any existing deed and subsequent re-sale of that deed by an owner or even subsequent three times removed owner. There would be no need for grandfathering in such a case.

Hope that wasn’t too legal as it is not legal advice!