New mvc owner

[Binaryslave]

As an example, you can pick up 3500 points for around $7K less than what you paid for 2000 points.

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Again, research to make sure Marriott is the system that you want. There are other systems out there all with different rules and resorts. Points systems operate differently among each system and certain systems treat resale ownerships differently than buying direct. Marriott points purchased resale or through Marriott are treated equally. This is why they charge a junk fee of $3 per point.

Thanks! Are those points earned every year for life? Can you point me in the right direction on how I purchase those to become an owner?

 

[CPNY]

Thanks! Are those points earned every year for life? Can you point me in the right direction on how I purchase those to become an owner?

Yes, you own them. They are allll yours.

You’ll work with the eBay seller. You can buy it now for 6,999 or follow the auction. If you win the auction or buy it now, the seller who is a broker will handle all of the steps you need to take to purchase and set up an account with Marriott. That eBay seller is reputable from what I’ve read on here.

Once again, are you sure Marriott vacation club is the system you want? You do know the points can be used at Marriott vacation club resorts only? You can convert to bonvoy points and book hotels but it’s usually a bad conversion and done as a last resort.

 

[davidvel]

Yoda: "Impulse is strong with this one..."

 

[CPNY]

Yoda: "Impulse is strong with this one..."

I got the same feeling. But hey, it’s always fun spending someone else’s money.

 

[TheTimeTraveler]

Thanks! Are those points earned every year for life? Can you point me in the right direction on how I purchase those to become an owner?

Your dollars go a lot further on resale weeks, and your carrying costs won't be as high. Granted, you won't have the flexibility, but you will have ownership.

CLEARLY you need to do far more research prior to purchasing anything, and TUG is a good source of answers. Keep your hands in your pocket until you've done all your research and get all your questions answered.

Welcome to TUG and do think about becoming a TUG member. It will be the best $15 you ever spend!



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[Steve Fatula]

There is no such thing as your 500 a week question unless you're talking about garbage ii getaways.

Wow, what a silly comment. Perhaps it applies to you, however, many of us use II getaways and love them. I use 4-6 per year, fantastic value. Perhaps the cancel zeal got the better of you.

 

[Dean]

Thanks! Are those points earned every year for life? Can you point me in the right direction on how I purchase those to become an owner?

I believe you need to slow down and just learn before looking to purchase gong forward. You have some questions to answer for yourself before you buy back in and these include. You also have to unlearn much of what you were "taught" on your timeshare presentation.

• Will Timeshares work for what I want to do?
• Will Timeshares save me sufficient money for the same or similar compared to cash?
• Which is the best product?
• Can I pay cash?
• Will the future fees, and INCREASES put a burden on finances?
• Can I and will I plan a full year or more ahead?

It's really not until you answer yes on ALL of those questions that you should even consider buying. If so then you need to look at the various products to decide which one is best. Options like Marriott weeks only resale, Marriott Trust Points resale, various Marriott Hybrid options, buying resale then enrolling are all applicable and you should look at other timeshares including Wyndham, Hilton, Diamond and Bluegreen. You really should understand all of these before proceeding then buy the single best product that fits your vacation needs and your budget. Buying Marriott Trust points, even resale, is still one of the more expensive ways to go long term. Remember that fees on trust points are much higher than many of the other options, including other Marriott options. Don't forget the TVM/Opportunity cost thoughts here. Timeshares when bought for high dollars rarely present any real savings unless you're playing the system in some way with exchanges or similar. There are exceptions, usually where large volumes are concerned. Do not rush in the name of savings for the next vacation, it'll cost you a lot more than you possibly could save. Also if you think a combination is your best option, pick the best one and get started before expanding your purchases.

We would just enjoy seeing different parts of the world. I'm going to rescind today just trying to figure out what the best way to vacation is. Sucks to book hotel rooms that are 500/ night but the cheap ones are terrible.

I'm not sure timeshares are a great way to do what you state here. You can do a portion of it but timeshares are very limiting for world travel. Look at the options for Marriott, or whatever system ends up looking to be best for you. Options are limited overseas and exchanging through II or RCI not a very workable if you want to go to specific places at set times. Assume your only options for overseas are going to be inside the system you own in and even then it might or might not work out for you.

Hi there. There are 4 of us; myself, wife, 15 year old son and 9 year old daughter.

We typically eat out on vacation. I'm sort of a foodie and like trying different foods.

We typically travel on school breaks but have avoided exhorbitant fees and had my kids do online learning sporadically as well.

We're from Tampa, and several resorts nearby between clearwater and orlando.

One thing the salesman said is the points price of resorts never changes. I feel like they flat out lied about that one.

There are good sales people but in many cases they put the Con in Conman. Being tied to the school calendar makes timesharing tough but it can be workable if you plan ahead and are flexible.

 

[drlee]

If you end up keeping your purchase, for whatever reason, 2000 points will get you 6000 every three years. (last year's banked, this year's 2000 and next year's borrowed.) This will get you one premium (view and size) week in Hawaii, and maybe two weeks elsewhere in the "off" season. So for sure your sales rep was exaggerating a bit. Many have suggested getting into Marriott by purchasing a resale week somewhere. The downside is that you can't elect points for the week without paying a bunch, but the upsides are: low initial cost, ability to use in home (purchased) resort every year, ability to trade via interval all over the system If you purchase a two bedroom with lock off, you can split and trade for two weeks. There is an upgrade fee to trade into a larger unit than you deposit, and a transaction fee for the trade. So yes thr=e points ultimately can provide much more flexibility, but for that same $20,000 you can own a week almost anywhere with a premium view, including Hawaii with an excellent trade value. Plus if you were unable to travel, you can rent for enough to cover your fees for the year. One last point. You will pay $1200 a year or so for maintenance fees on those points whether you use them or not. Yes, maintenance fees on weeks will be higher than on 2000 points, but your usage or rental capability would be every year. Many of us have been longtime MVCI owners in various makeups, and are happy with it. Just want you to be fully knowledgeable before committing to such a large outlay. Especially at more than $14 a point.

 

[BreakingAway]

I would like to compliment the OP for starting this thread and his openness to feedback. There is a wealth of information among those who are active on TUG forums. I have been a Marriott owner for almost 20 years and I continue to learn new things here and relearn things that I forgot. We can be fairly direct at times, but I appreciate it...at times . So, my thanks to those who post and those who reply.

 

[davidvel]

Wow, what a silly comment. Perhaps it applies to you, however, many of us use II getaways and love them. I use 4-6 per year, fantastic value. Perhaps the cancel zeal got the better of you.

Well if you want to buy developer points the way OP did to get this "fantastic" benefit, go for it! Anyone can buy a free timeshare for this perk.

 

[ahdah]

Rescind NOW! You should go on TUGG and find out everything you need to know and then decide if points is what you want. I did the same thing years ago, but the next morning I wrote a letter and went to the post office and cancelled my purchase. I sold or gave away my silver weeks and I have only purchased platinum weeks, with no points. I bought 2 3 bedroom platinum weeks at SurfWatch for what you spent on 2000 points. It would take 5000 points to rent my 3 bedroom villa in July. My philosophy is to buy where you want to go in the season you want to travel. If I can't use my week, then I can rent it and use the money to go somewhere else. There are so many options, take the time to decide what you want. Good luck.

 

[Pamplemousse]

Hi there. There are 4 of us; myself, wife, 15 year old son and 9 year old daughter.

We typically eat out on vacation. I'm sort of a foodie and like trying different foods.

We typically travel on school breaks but have avoided exhorbitant fees and had my kids do online learning sporadically as well.

We're from Tampa, and several resorts nearby between clearwater and orlando.

One thing the salesman said is the points price of resorts never changes. I feel like they flat out lied about that one.

Sounds like you will want a 2BR unit and that being the case the 2000 points you purchased won’t get you very far.
For example, I am looking at booking a 2BR in Palm beach late October or November and that starts at 3750 points.

Have you considered buying a resale week to exchange on II?
There are pluses and minuses to both weeks and points.
Some pluses to weeks are when you exchange on interval you are not limited to just MVC properties or locations, if you buy a lock off you can get 2 weeks for the one maintenance fee (there are extra charges for locking off, 2 exchange fees, unit upsize fees but it’s still a great deal) but if you can plan in advance and put in requests early you can get some great exchanges. Especially as the kids hit HS it may be harder to travel except on breaks.
If you buy a Marriott resale week you get Marriott priority exchanging on II.
With living in FL there are several MVC resorts so on years you want to save you could do a staycation on your ownership week or lockoff and exchange near to home( and still have another deposited unit).
Downside is you are getting full weeks only and it is never guaranteed that you will get the exchange you want (but it’s not guaranteed you can book what you want with points either).
You also can’t choose your view with II- but even with points what MVC considers “ocean view” might not give a great view.
Another downside is if you buy an MVC resale week you can’t enroll in the points program without a considerable points purchase and you can’t rent points either.
I owned one gold Harbour Lake (Orlando) week for years and have had so many great trips exchanging on II. Only added points 5 years ago.

 

[sea&ski]

Just to add my two cents to the discussion. OP seems to feel that earning Bonvoy points is important. Assuming this came from the salesman, although I am not sure the skin in that game, this too can be looked at with skepticism. There are a good deal many credit cards out there that earn travel points, I want to know what's in your wallet? Maybe not bonvoy.

 

[berretta]

we have marriott destination points related to a desert springs villa 1 purchase. i think we have 3200 per year. everything is paid off and up to date. i am at a loss of where to sell the points. We are no longer using them and it is time to sell. any advice appreciated

 

[RebV]

I do not want to pile on, but I had a similar experience that I can share. We recently bought 2,000 points at a Hilton Head presentation. We got a better deal than you, but I still rescinded with advice from the great people here. I can tell you without a doubt that 2,000 points will not get you the ability to do what you want to do. Your bucket list trips will take many more points--like double at least. You are much better off buying points resale (they are about $6 with all of the fees added) or renting points or just weeks. I suggest you do a lot more research and think about how you want to vacation. Honestly, if you are not up to a lot of learning and trading, just flat out renting is best. Even with points, there is a game to be played in order to get what you want. For example, I am looking to rents points from someone now so I can go to Hawaii and she cannot find any availability using her gobs of points. So when they tell you there is a ton of flexibility and you are in charge of your own ship, it is not true. You still need to plan way out for the popular destinations or keep looking and working the system. A small amount of points gets you into the game, but to really take advantage of the program, in my opinion, you need at least 7,000 points to get the most out of your dollar. Ask yourself if you want to spend this much and put a lot of time into maximizing your vacations. If you do, then go for it. If you do not have patience and flexibility, it may be best to use your vacation dollars renting or purchasing a deeded week somewhere. If you want a deeded week, those are super inexpensive right now. You can pick up a good trader and probably be better off than purchasing 2,000 points. To rescind, look at your paperwork. There is a number to call and email. I emailed and sent a certified letter. Very easy. Good luck. Trust the people here--many have been doing this for a very long time and know the ins and outs of the system.

 

[RebV]

I have to add that I do like the Bonvoy points but they really are not that big of a deal. I put a lot of stuff on my card for business so we get a lot of points. I save them for high value locations and can get a few nights a year for free--maybe a long weekend somewhere nice. The real value is getting to Platinum status, in my opinion.

 

[TheTimeTraveler]

we have marriott destination points related to a desert springs villa 1 purchase. i think we have 3200 per year. everything is paid off and up to date. i am at a loss of where to sell the points. We are no longer using them and it is time to sell. any advice appreciated

TUG has a section called "Free Timeshare Giveaways and Bargain Deals". You can place your Desert Spring Villa advertisement there and I'm confident someone will take it off of your hands as long as it is fully paid off.

When you find a taker you can use LT Transfers and they will handle the paperwork and transfer for you: www.LTTransfers.com

It should be a very easy transaction because DSV 1 does not have to go thru Marriott's first right of refusal process.

Best of luck!



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[vacationtime1]

we have marriott destination points related to a desert springs villa 1 purchase. i think we have 3200 per year. everything is paid off and up to date. i am at a loss of where to sell the points. We are no longer using them and it is time to sell. any advice appreciated

You cannot sell the points; the enrollment in Marriott's Destination Club is not transferrable. You can sell the underlying unit.

If it is platinum (high) season, you can get a couple thousand dollars for it; use the TUG Marketplace https://tug2.com/timeshare-classifieds/default.aspx or www.redweek.com.

Other seasons are giveaways.

 

[Steve Fatula]

we have marriott destination points related to a desert springs villa 1 purchase. i think we have 3200 per year. everything is paid off and up to date. i am at a loss of where to sell the points. We are no longer using them and it is time to sell. any advice appreciated

You can rent destination points you already have that you cannot use to someone else. You will have to sell the underlying Desert Springs timeshare (or give it away) to someone else using TUG, a realtor, etc. Renting your points you have not used will at least pay for the maintenance fees so you are not out money each year, if you can rent them, until the Desert Springs sells.

 

[ffxjack]

we have marriott destination points related to a desert springs villa 1 purchase. i think we have 3200 per year. everything is paid off and up to date. i am at a loss of where to sell the points. We are no longer using them and it is time to sell. any advice appreciated

I am thinking about buying almost that exact amount once I rescind my direct from developer purchase. Although I enrolled my week years ago under some kind of promotional package, I’ve always used my own week since and have zero experience with points system despite paying club dues annually. I’m wondering if some kind of hybrid model makes sense for me.

If you to rent me your points, we can both see if the points system works for us! Who knows, maybe I will just rent from you and you can make some profit annually.

 

[Steve Fatula]

I am thinking about buying almost that exact amount once I rescind my direct from developer purchase. Although I enrolled my week years ago under some kind of promotional package, I’ve always used my own week since and have zero experience with points system despite paying club dues annually. I’m wondering if some kind of hybrid model makes sense for me.

If you to rent me your points, we can both see if the points system works for us! Who knows, maybe I will just rent from you and you can make some profit annually.

There are more benefits to club dues than merely using points. It also saves you on lockoff fees, and makes Marriott to Marriott brand trades free in II, and retrades as well. Maybe you have not used II also?

 

[rickandcindy23]

If I were the OP and saved that much on a retail purchase and rescinded (which hopefully he did on time), I would buy a couple of great Marriott weeks with low MF's and high trading power. Definitely platinum units, lockoffs, like Marriott's Grand Chateau or any 2 bed lockoff in Palm Desert, and there are many more choices. Lock them off for two deposits.

I love Marriott for trading purposes and actually only own Marriott's Willow Ridge in Branson.

What you can do with those two units is maybe take a great opportunity to convert those to Marriott points. This is something I may do in the future. I would buy better units than Willow Ridge to do it, but I am hoping, dreaming, that some day, Marriott will let me get my weeks into DC for a great price via a very small purchase.

Vistana is already doing that very thing. Vistana has great offers for those of us who own lowly weeks not in options. I wasn't tempted by that one, but I would be very tempted with a Marriott offer.

 

[Pamplemousse]

ffxjack,
to add to what Steve wrote-

There are more benefits to club dues than merely using points. It also saves you on lockoff fees, and makes Marriott to Marriott brand trades free in II, and retrades as well. Maybe you have not used II also?

PDC club Dues cover your II membership.
In my hands enrolling my week saved money- considering II membership, lock off fee, 2 exchange fees, possibly eplus...

 

[ffxjack]

Maybe you have not used II also?

Correct. I’ve had bonus II weeks of some sort but never able to find what I was looking for on the infrequent occasions I’ve tried. I’ve never turned in my week since the weeks I wanted were always premium destinations in peak seasons and not available when I was booking.

Other than renting my week via Redweek, renting weeks via Redweek, and once having someone use their points to rent me a week, I have little experience with timeshares.

I enrolled my week thinking I will turn my high demand platinum week into two shouIder season weeks once we’re not tied to the school calendar. I’m not sure what else my membership can really get me otherwise (though they always make it seem so easy and economical during those sales presentations).

 

[Pamplemousse]

Correct. I’ve had bonus II weeks of some sort but never able to find what I was looking for on the infrequent occasions I’ve tried. I’ve never turned in my week since the weeks I wanted were always premium destinations in peak seasons and not available when I was booking.

Other than renting my week via Redweek, renting weeks via Redweek, and once having someone use their points to rent me a week, I have little experience with timeshares.

I enrolled my week thinking I will turn my high demand platinum week into two shouIder season weeks once we’re not tied to the school calendar. I’m not sure what else my membership can really get me otherwise (though they always make it seem so easy and economical during those sales presentations).

If you are just clicking exchange on II and searching for units you are only seeing what’s leftover after others have had their requests filled.
If you are hesitant to deposit your unit into II you can “request first” meaning you don’t deposit your week into II until your request has been fulfilled. You can modify or cancel the request along the way if you choose and that way still have control of your week to use or rent if your request doesn’t work out or you change your mind.
I have exchanged my gold season harbour lake (premiere resort not elite) to Hawaii twice, St Thomas, Disney Paris, Aruba, and all over the US by requesting early- 9 months to a year +