Ongoing Sales Incentive - Enrolling Post-6/20/10 Weeks [MERGED]

[billymach4]

Is there any official link to this promotion?

Is there any link on this post 2010 enrollment option anywhere? Where can I find out the official Terms and Conditions?

 

[SueDonJ]

Is there any link on this post 2010 enrollment option anywhere? Where can I find out the official Terms and Conditions?

It's a sales incentive (supposedly with an end date) and they don't typically put them online at my-vacationclub.com or any of their other sites. You have to contact a sales rep.

 

[tschwa2]

You can not enroll online. You would need to contact Marriott and purchase the appropriate number of Trust points corresponding to the number of weeks you wish to enroll.

What kind of terms and conditions are you looking for? You could probably request a sales contract that would include that information.

 

[billymach4]

You can not enroll online. You would need to contact Marriott and purchase the appropriate number of Trust points corresponding to the number of weeks you wish to enroll.

What kind of terms and conditions are you looking for? You could probably request a sales contract that would include that information.

Do you really think I would be able to obtain a sales contract without having to sit down at a sales meeting? Has anyone ever been able to examine a sales agreement before signing? I understand that you can sign and then rescind, but apart from that I would have to pull teeth in order obtain a sales contract and read the fine print.

What it sounds like to me is that this is a targeted audience that Marriott is not sharing with everyone in the public realm.

If I were not reading here on TUG how else would I be able to hear about this. Since I avoid sales tours, I would not know?

 

[dioxide45]

Do you really think I would be able to obtain a sales contract without having to sit down at a sales meeting? Has anyone ever been able to examine a sales agreement before signing? I understand that you can sign and then rescind, but apart from that I would have to pull teeth in order obtain a sales contract and read the fine print.

What it sounds like to me is that this is a targeted audience that Marriott is not sharing with everyone in the public realm.

If I were not reading here on TUG how else would I be able to hear about this. Since I avoid sales tours, I would not know?

You could also possible call telephone sales. They could provide you the details. I don't think you have to sit down with a sales rep to get the details. I agree though, they haven't published this anywhere and unless you were reading here or going to a presentation you wouldn't know about it. Though some people have a good rapport with their sales reps that send out emails to their customers. So some have heard about it through that method.

 

[Seaport104]

You could also possible call telephone sales. They could provide you the details. I don't think you have to sit down with a sales rep to get the details. I agree though, they haven't published this anywhere and unless you were reading here or going to a presentation you wouldn't know about it. Though some people have a good rapport with their sales reps that send out emails to their customers. So some have heard about it through that method.

I was in Aruba when read the posts on tug so I asked them about buying points to enrolled week. The salesman was very familiar with it and gave me the same pricing as the original posts, except I opted for the 20 percent discount instead of 15 percent and DC or marriott rewards incentive.

For anyone interested, pm me and I will send you redacted copies of my contract later this week when I have access to a scanner.

 

[tschwa2]

They called me 3 times in one day, trying to get a hold of me and tell me about this "opportunity." It's not as though they are dealing too much in terms of price and terms. If I had been interested I didn't get the impression that I would have to come in and have a sit down to discuss terms. I think it is similar to the original enrollment offer but since the price was in the $20,000-$50,000 range, I think it would require a contract with multiple signatures and initials and not something that they want you to sign up for online.

 

[Helios]

Does anybody know when the "promotion" to enroll weeks will end?

 

[NTP66]

They called me 3 times in one day, trying to get a hold of me and tell me about this "opportunity."

We just got back from Grande Ocean, where the concierge tried to sell me on converting my weeks unit every single time that I saw her and spoke with her on the phone. No exaggeration, every single time.

 

[Seaport104]

Just got an email confirming from Marriott. 5,000 points @ $10.76 each($53,800) covers 3-7 weeks conversion. 5,500 DP's or 400,000 MRP's as incentive. I am looking at activating 7 weeks totaling 27,650 point value.

In my earlier post, I had one item wrong. 3,500 points covers 2 weeks, not 2 or 3 weeks. 5,000 points covers 3-7 weeks.

If you forego the incentive, you can get the 20% discount and buy the points for 10.12 per point.

 

[answeeney]

This is an interesting thread but, for me as someone who owns two (European) resale weeks it begs some questions. I wonder if there is any info on the following:

1. There has been mention in previous posts of a points buy back promise at 60% of the "price". When I bought my trust points back when the points program first started the salesman said something similar but a buy back program has yet to materialise. Is this just more salesman BS or has anyone got some concrete evidence to the contrary?

2. If yes to 1 above then 60% of what price, the purchace price or the prevailing price at time of buy back?

3. Has anyone owning resale European properties had this offer extended to them?

 

[SueDonJ]

Does anybody know when the "promotion" to enroll weeks will end?

According to GregT's Post #25:

... Any external weeks purchased after the June 2010 deadline that have closed before August 15, 2015 can be enrolled in the Destinations Club for a limited time with a purchase of points:

2500 – enrolls 1 external week
3500 – enrolls 2 external weeks
5000 – enrolls 3-7 external weeks

Limited time offer – Points purchase must be made before November 4 (Note: there is a points price increase on Sep 10) ...

Others in this thread have been told the limited time offer is good for only 30 days/a month.

 

[AlmostRetired]

I was told he offer ends at months end to prevent people from purchasing additional resale week.

 

[SueDonJ]

I was told he offer ends at months end to prevent people from purchasing additional resale week.

The "closed before August 15, 2015" stipulation that Greg and Fasttr reported would allow MVW to keep this promotion open for as long as it works for them regardless of what's been purchased on the external resale market since its announcement. They both were given an end date of "November 4" but it wouldn't be a surprise to learn that some sales reps are advising, or even implementing, an end date sooner than that in order to make customers think there's an urgency.

 

[kds4]

Here's a new question regarding this latest enrollment/points purchase combo.

For those who do take advantage of this offer and buy points/enroll their post-6/10 resale weeks (and have not yet deposited their 2016 week with II or made a 2016 reservation), will they be offered the opportunity to convert their week for 2016 or will they have to wait until 2017?

Could this be a situation where the 'first year rent back' option could make sense, assuming you still got to take advantage of the 20% (or 15% with MRPs/DPs) discount off the points package as well when you purchase your required points 2500/3500/5000?

 

[SueDonJ]

Here's a new question regarding this latest enrollment/points purchase combo.

For those who do take advantage of this offer and buy points/enroll their post-6/10 resale weeks (and have not yet deposited their 2016 week with II or made a 2016 reservation), will they be offered the opportunity to convert their week for 2016 or will they have to wait until 2017?

Could this be a situation where the 'first year rent back' option could make sense, assuming you still got to take advantage of the 20% (or 15% with MRPs/DPs) discount off the points package as well when you purchase your required points 2500/3500/5000?

Again from the information posted by GregT in Post #25:

... It would be important to close fairly early if you wanted to convert any of the enrolled weeks to Destination points for 2016. ...

From that it's hard to tell if for 2016 Weeks they'll be holding fast to the conversion deadlines that haven't been reached yet (Owners, Select, Executive - 9/30/15; Presidential, Chairman's Club - 10/31/15) or if they'll allow conversions after the posted deadlines like they did during the first year of the DC. I'd ask the sales rep to get confirmation from Owner Services.

If the enrolled Week has been booked already and has a pending 2016 home resort reservation attached to it, including a Request First II exchange, the reservation can be cancelled and the Week converted to DC Points. If it's been relinquished for any other usage (a Deposit First II exchange, MRP exchange, Marriott rental, etc.) then it can't be reverted for conversion. This is standard policy, and again, the only caveat may be whether or not they're extending conversion deadlines for these unique enrollments.

 

[JIMinNC]

Here's a new question regarding this latest enrollment/points purchase combo.

For those who do take advantage of this offer and buy points/enroll their post-6/10 resale weeks (and have not yet deposited their 2016 week with II or made a 2016 reservation), will they be offered the opportunity to convert their week for 2016 or will they have to wait until 2017?

Could this be a situation where the 'first year rent back' option could make sense, assuming you still got to take advantage of the 20% (or 15% with MRPs/DPs) discount off the points package as well when you purchase your required points 2500/3500/5000?

We had a similar situation when we were buying our bundle package last year, as we were concerned if our Barony week didn't close by Sept 30, we wouldn't be able to enroll. We were told that they can make exceptions to the deadline on a case-by-case basis to account for closings that take place close to the deadline. Don't know how this would apply to the current offer, but that is what we were told last year. As it turned out, we closed in early September, so it wasn't an issue.

 

[GreenTea]

We just got back from Grande Ocean, where the concierge tried to sell me on converting my weeks unit every single time that I saw her and spoke with her on the phone. No exaggeration, every single time.

If you enroll them, which is this current offer, you are not converting them. You have the OPTION to convert to points one year, every year, or never. You still own your week, exactly as you do now.

 

[NTP66]

If you enroll them, which is this current offer, you are not converting them. You have the OPTION to convert to points one year, every year, or never. You still own your week, exactly as you do now.

I know, just a poor choice of words on my part. Should have said enrolling AND converting, which is what she was trying to get me to do.

 

[jbvp]

Does anybody know when the "promotion" to enroll weeks will end?

Just got off the phone with Marriott. I am enrolling 7 weeks. I asked him to confirm when the offer ends. Tomorrow(Wednesday) is the last day before the price increase on points goes into effect. Just means you would be paying more per point.

The offer to enroll ends 10/31/15. On record by COB tomorrow(Wednesday) gives you current pricing.

 

[GregT]

Just got off the phone with Marriott. I am enrolling 7 weeks. I asked him to confirm when the offer ends. Tomorrow(Wednesday) is the last day before the price increase on points goes into effect. Just means you would be paying more per point.

The offer to enroll ends 10/31/15. On record by COB tomorrow(Wednesday) gives you current pricing.

Interesting, thank you -- which seven weeks did you enroll? You have some good weeks...

Best,

Greg

 

[GregT]

Just got off the phone with Marriott. I am enrolling 7 weeks.

I looked back at old threads and saw that you had at least some of these weeks back in 2010 (and those are some good weeks!)-- I would think at least some of them were closed prior to June 2010, and eligible for the old-fashioned enrollment.

Is that still available to you via Marriott (and did they tell you anything about that option)?

Found this post from October 2010 -- would also be curious if you ever located the list of final retail prices. Please advise and thx!

Best,

Greg

 

[jbvp]

Interesting, thank you -- which seven weeks did you enroll? You have some good weeks...

Best,

Greg

Maui Ocean Club Napili, 2 Aruba Surf Club, Lakeshore Reserve, 2 Grand Chateau, Newport Coast

 

[jbvp]

I looked back at old threads and saw that you had at least some of these weeks back in 2010 (and those are some good weeks!)-- I would think at least some of them were closed prior to June 2010, and eligible for the old-fashioned enrollment.

Is that still available to you via Marriott (and did they tell you anything about that option)?

Found this post from October 2010 -- would also be curious if you ever located the list of final retail prices. Please advise and thx!

Best,

Greg

I do have some pre 6/10, but these were all post 6/10. I didn't ask, but my understanding is if you have any pre 6/10 weeks they can still be enrolled. I had already previously enrolled my pre 6/10 weeks.

 

[CCR]

I'm surprised by all the people willing to pay this much to enroll their post 2010 weeks. I'm hearing the cheapest to enroll is 2500 points for just over 10 per point. Isn't that at least $25,000 (wow) that is a ton of money just for the flexibility of points. Is that really worth it? It seems I could rent many really nice vacations for that kind of price.

If I would have been offered this option for around the $2-3,000 range I'd consider it, but $25,000 seems like way too much.

How many tuggers are really planning on doing this?