New II Membership for post-DC-enrollment resales required ?

[Jeffrey]

I am considering purchasing another resale week.

In 2007 I purchased two developer CY weeks and, after discovering TUG , a third CY per resale in 2009.

When the DC came along, I enrolled my weeks and was able to grandfather in the resale week. My previous II account was closed and a "DC" II account was opened. I am now paying annual DC membership fees of $225 (Executive level).

So far, so good....

I have developed six different scenarios for an additional resale week and I am not certain of the II implications:

1) If I purchase an additional CY week on the external resale market, will I need an additional II account (with II membership fees) ?

2) What if I purchase a CY week through the Marriott resales department?

3) What if I purchase a new Marriott week (not CY) on the external resale market?

4) What if I purchase a new US Marriott week (not CY) through the Marriott resale market?

5) What if I purchase a new European Marriott week through the Marriott resale market?

6) What if I purchase a new resort (not MARRIOTT) on the external resale market?

I am sure I will need a new II account for scenario #6, but what about 1-5 ? If required, I will need to factor in a new II membership and reoccuring fees when evaluating the available inventory.

I would appreciate any first hand experiences the TUG members may have made with the different scenarios...

Thanks !

 

[jcjl1]

"DC" II Account

As you call it, your "DC" II Acccount is for properties that are enrolled in the program. In your scenarios, only properties that are eligible AND enrolled can be in the "DC" account. If they are not enrolled, you need a separate account.

 

[Jeffrey]

Thanks, that is what I was afraid of..... An additional $100-150 p.a.

 

[GrayFal]

If you buy a fourth CY week, you could use the resale to stay at your home resort or rent out exclusively. You would only need another II account if you wanted to trade that week. Since you have three DC weeks you really might not need another II account.


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[Jeffrey]

Since you have three DC weeks you really might not need another II account.

This is what I was hoping and why I am looking for actual experiences...

Does Marriott not automatically register you with II once the purchase is recorded ? I seem to remember this from my first developer purchase.

 

[tschwa2]

No, GrayFal is saying you might not need one because you should think about buying something that you wouldn't use to exchange.

There is no week you can buy that you could exchange through II without paying for a separate II account. You could buy a week from Marriott but you would also have to buy about $20,000 in trust points in order to enroll that week. That would be the only scenario that would allow you to get something else into your current DC II account.

 

[GrayFal]

This is what I was hoping and why I am looking for actual experiences...

Does Marriott not automatically register you with II once the purchase is recorded ? I seem to remember this from my first developer purchase.

Since you are buying a resale, you would have to contact II to open a new account, pay the fee and add your new ownership.
So if you chose NOT to use the week for exchange, you don't need to have an II account. They are two separate entities/companies.

Yes, with developer purchase, Marriott would set up your II account if you did not already have one or else add the new week to your account.

 

[Jeffrey]

Ok, thanks for the clarification.

 

[tschwa2]

Marriott doesn't sell weeks anymore. They broker resales from other owners but they are considered internal resales and are only eligible for enrollment and deposit in your current DC II account with an additional Trust point purchase. They have been playing around with the amount required but so far it has either been an equal amount of trust points (that the brokered resale would be worth) or 2000-2500 points.

 

[taterhed]

Of course, you could always purchase a resale Marriott week that trades in RCI/II and then you would have the best of both worlds. Of course, that would cost more money… Spoken tongue-in-cheek, but it is true.


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[mjm1]

If you buy a fourth CY week, you could use the resale to stay at your home resort or rent out exclusively. You would only need another II account if you wanted to trade that week. Since you have three DC weeks you really might not need another II account.


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The way I interpret what GrayFal is suggesting is you buy a resale at the same resort you have enrolled. Rather than opening another II account, use the new unit to stay in and trade one of the units in your DC account with II. That way you don't need another account and you wouldn't incur exchange fees if you trade to another Marriott.

I like that idea. Good luck and let us know what you decide to do.

Mike

 

[GrayFal]

The way I interpret what GrayFal is suggesting is you buy a resale at the same resort you have enrolled. Rather than opening another II account, use the new unit to stay in and trade one of the units in your DC account with II. That way you don't need another account and you wouldn't incur exchange fees if you trade to another Marriott.

I like that idea. Good luck and let us know what you decide to do.

Mike

Yup, that's correct. Either personal use or rental for the resale week.

 

[dioxide45]

The way I interpret what GrayFal is suggesting is you buy a resale at the same resort you have enrolled. Rather than opening another II account, use the new unit to stay in and trade one of the units in your DC account with II. That way you don't need another account and you wouldn't incur exchange fees if you trade to another Marriott.

I like that idea. Good luck and let us know what you decide to do.

Mike

I have always wondered if this would work. I am not buying another week to find out and if it did work, I probably wouldn't spread the word too much. Loose lips sink ships.

 

[GrayFal]

I have always wondered if this would work. I am not buying another week to find out and if it did work, I probably wouldn't spread the word too much. Loose lips sink ships.

This is not something you can not talk about.... If you purchased another Marriott week or a Westin LagunaMar week you are not required to add that week to your existing II account or open a new II account to put it in.

You only need an account with II or RCI or SFX or TPI if you want to exchange the week.

OP likes CY, he owns three enrolled weeks there. So if he wants another one he can buy it resale from a TUG ad or Redweek or Ebay and NOT open a new II account UNLESS he wants to exchange that resale weeks.
If his plan is to use that week at CY or rent it out, he does not need an II account.

And since he has three enrolled weeks to convert to DCnpoints or lock off (for no extra fee) and exchange Mar to Mar for free or outside of Marriott for a fee he is all set.

If three years from now he decides he does want to exchange the resale unit in II he simply contacts II and opens an account for that week.

 

[Bill4728]

I own a pre 2010 resale week and a post 2010 resale week at NCV

I've enrolled the pre 2010 week in the DC

Since they are both the same week at the same resort I've have been able to trade / keep both in the same DC II account.

I have developed six different scenarios for an additional resale week and I am not certain of the II implications:

1) If I purchase an additional CY week on the external resale market, will I need an additional II account (with II membership fees) ?

2) What if I purchase a CY week through the Marriott resales department?

So with either option, if they treat you the same as they treat me, you should not need a second II account for this newly bought resale CY week

PS I have a second II account for my non-marriott weeks so it would not have mattered to be which way it worked out.

 

[Jeffrey]

And since he has three enrolled weeks to convert to DCnpoints or lock off (for no extra fee) and exchange Mar to Mar for free or outside of Marriott for a fee he is all set.

Hello GrayFL, CY does not have lock-offs. For all of my many successful Marriott to Marriott exchanges, I have always gone through the Marriott desk at Interval. Can one exchange Mar to Mar without II?

Since they are both the same week at the same resort I've have been able to trade / keep both in the same DC II account.

Thanks Bill, this is along the lines of what I would hope for.... Was the week relevant, the season, or just the fact that it is the same resort?

 

[GregT]

I own a pre 2010 resale week and a post 2010 resale week at NCV

I've enrolled the pre 2010 week in the DC

Since they are both the same week at the same resort I've have been able to trade / keep both in the same DC II account.

Bill,

I think you slipped one past the goalie....I would very surprised to hear if this was the norm (but I'm glad it worked for you!)

Best,

Greg

 

[Fasttr]

I own a pre 2010 resale week and a post 2010 resale week at NCV

I've enrolled the pre 2010 week in the DC

Since they are both the same week at the same resort I've have been able to trade / keep both in the same DC II account.

Just curious. If they are both in a MVC Corporate account, are they providing you with all the benefits on the post 2010 week as they do on the enrolled week (e.g. free retrades, free lockoff fees, etc) or is the post 2010 week treated differently.

 

[dioxide45]

This is not something you can not talk about.... If you purchased another Marriott week or a Westin LagunaMar week you are not required to add that week to your existing II account or open a new II account to put it in.

This would normally be true. However, at question here is that someone has enrolled Marriott weeks in the corporate account and are planning on buying the same resort but a week that is not eligible for enrollment. That would normally lead one to believe that the newly purchased week can't be added to the DC II corporate account.

Similar thing could happen with Lagunamar. Say someone owns a developer purchased Lagunamar week and they buy a resale Lagunamar week. Do they need a new II individual account since the second one really is not an SVN week. Anyone buying just an resale Lagunamar week needs to buy an individual II membership.

The issue would potentially come up when someone tried to deposit or confirm an exchange using the non enrolled week. Would Marriott not verify the deposit when they determine it isn't eligible for inclusion in the DC II corporate account?

 

[GrayFal]

This would normally be true. However, at question here is that someone has enrolled Marriott weeks in the corporate account and are planning on buying the same resort but a week that is not eligible for enrollment. That would normally lead one to believe that the newly purchased week can't be added to the DC II corporate account.

Similar thing could happen with Lagunamar. Say someone owns a developer purchased Lagunamar week and they buy a resale Lagunamar week. Do they need a new II individual account since the second one really is not an SVN week. Anyone buying just an resale Lagunamar week needs to buy an individual II membership.

The issue would potentially come up when someone tried to deposit or confirm an exchange using the non enrolled week. Would Marriott not verify the deposit when they determine it isn't eligible for inclusion in the DC II corporate account?

You would only need an II account for the new ownership if you were planning on exchanging it.

My own personal experience.
I own 5 weeks 2BR at Morritts Tortuga Club.
In my II account I have two units listed.
I did not bother to pay the $39 fee to add the other weeks to my account as I acquired them (or extend membership for a year) because I never plan on exchanging any of those weeks, I either use them personally or rent them.

I used to own week 3 and 4 at Bluebeard's Beach Club, only week 3 was listed in my II account because when I purchased week 4 (several years after 3) I bought it to use or rent and never planned on exchanging it.

There was no need for me to add it to my II account.

I just purchased a resale Westin St John Coral Vista u it which is voluntary. Since I never plan on trading this unit I am NOT adding it to my II account.

So yes, If the OP tries to exchange the non enrolled week using his DC account it would not be permitted. But if he is buying to use the week himself at the resort, he does not need another account.

 

[GrayFal]

Similar thing could happen with Lagunamar. Say someone owns a developer purchased Lagunamar week and they buy a resale Lagunamar week. Do they need a new II individual account since the second one really is not an SVN week. Anyone buying just an resale Lagunamar week needs to buy an individual II membership.

My friend, if you purchased that EOY LagunaMar week you were going to use it every other year.

It is not "required" to belong to an exchange company. Many TUG members do not as they use what they own every year.

If you did not plan on exchanging, you do not need a membership.

It is two separate entities.

 

[GrayFal]

Hello GrayFL, CY does not have lock-offs. For all of my many successful Marriott to Marriott exchanges, I have always gone through the Marriott desk at Interval. Can one exchange Mar to Mar without II?



Thanks Bill, this is along the lines of what I would hope for.... Was the week relevant, the season, or just the fact that it is the same resort?

Jeffrey, I honestly don't know what resort CY is :ignore: so sorry about the lock off comment.

If you purchase a resale week and you wanted to exchange it, you would need a separate II account and have to pay the exchange fee. Most likely the people at the Marriott desk will still help you.

I have a personal II account, a Wyndham II corporate account, two Marriott DC corporate accounts and a Starwood corporate account. I always call the same number and if they need to, they transfer me.

 

[Bill4728]

I think in my case that as far as II is concerned is that there is a week at NCV that can trade in II. It does not matter if it is the enrolled week or the post 2010 week if all I'm doing is depositing the week in II for trade. Marriott will be able to verify the week is mine and reserved whether or not it is a enrolled week or not an enrolled week.

The thing is also I'm doing the same thing with my weeks at a resort in Whistler. I own two weeks BUT II only has one week listed. I deposit one week normally BUT to deposit the second week I have to call II and do a "supplemental deposit" Other than the phone call it is the same as the regular deposit

Bill

 

[Bill4728]

Just curious. If they are both in a MVC Corporate account, are they providing you with all the benefits on the post 2010 week as they do on the enrolled week (e.g. free retrades, free lockoff fees, etc) or is the post 2010 week treated differently.

The weeks are exactly the same ( a gold 2 bd non lock-off) so the only thing I'd get which maybe I shouldn't get is the free retrades BUT I've never done a retrade with a Marriott deposit So I don 't know.

 

[dioxide45]

The weeks are exactly the same ( a gold 2 bd non lock-off) so the only thing I'd get which maybe I shouldn't get is the free retrades BUT I've never done a retrade with a Marriott deposit So I don 't know.

If you get the initial trade free, then the retrades would be free. I guess the question is, have you ever been able to or even tried to trade the post 6/20/2010 week in II? Have you been able to or even tried to trade both weeks in II?

Once the deposit is confirmed, there would be no issues exchanging or re-exchanging it in II.