PacifiCoaster
newbie
- Joined
- Jun 18, 2017
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We are trying to learn more about possibly purchasing a resale week at the Marriott Newport Coast Villas, Gold Season, Annual. We are not interested in the DC program, because we really like the NCV (having stayed there via II Exchanges and Getaways in the past).
We have already read a considerable amount of information available here on the forums (thank you very much!) regarding potential pros and cons of purchasing a Marriott resale week (or legacy week, as it has been referred to).
For us, the comparison is largely whether we should purchase a annual resale week at NCV, Gold Season, as opposed to trying to secure a week at the property each year through an II Getaway. If not available, it wouldn’t be a major problem, as we’d probably just end up going to a different Marriott resort through a Getaway (we like Shadow Ridge, Timber Lodge, etc., and have been able to find suitable weeks via Getaways in the past).
There are a couple of specific questions where we really could use some assistance:
1 - Difficulty of Securing a Reservation Annually for Gold Season, During Any Week - We don’t have a whole lot of preference regarding the month or week that we visit the resort during the Gold season (which I understand is January after New Year’s, through sometime in May). We are trying to get a sense, however, of how much the DC program might affect our ability to reserve a week during the season, at the deeded resort. When we first started considering this issue, we were thinking “it’s your deeded week at your home resort - it HAS to be available”. As we have read more regarding the DC points system, however, and how inventory comes available through the Marriott reservation system, we felt it was worthwhile to ask experienced TUG members this question. In terms of demand, while we recognize that Marriott NCV Gold Season is not Maui Ocean Club during the summer, we are still concerned about this issue.
Any idea as to whether we are likely to experience difficulty making a reservation at the NCV as our home resort, if we are willing to accept any week during Gold Season, if we start calling at the beginning of the 12-month reservation window?
If we can’t book a week, does Marriott have a right to tell us that our only option is to book at another property where inventory is available? If that were the case, would it make sense to contact Marriott customer service about the fact that we can’t get a reservation at our home resort?
2 - Maintenance Fees - Utilizing the chart that is available through the forums, it appears that annual MF increases at NCV have been running at about 4.78% per year.
Any ideas as to where MF increases are likely to go in the future, specific to NCV, or generally for Marriott Vacation Club?
We are not super concerned about the current MF cost but are concerned about affordability down the road 10-15 years.
3 - Any other thoughts that might help to guide us in our decision?
-We really like the NCV and would plan use our week there every year. We don’t know whether we would be at the bottom of the priority list in terms of requesting a particular building or floor, but we can live with that.
-We have no concerns about not being able to trade into the Marriott Hotel rewards program.
-We have no concerns about our resale week eliminating our ability to do internal trades into another Marriott Vacation Club property.
-We are aware that we can still deposit the week for trading through II (including into other Marriott Vacation Club properties), although we are not likely to do this.
-We are aware that the purchase price must pass ROFR, and we have read the forum guidance concerning the same.
-If anyone can point us to threads on the forum that help to describe the process for purchasing a resale week from another Marriott owner (title company, escrow, closing companies, etc.) and/or whether it is preferable to utilize a broker, that would be of particular interest.
I know that this is our first post on the forum, and there are several questions above. Whatever help or assistance you might give us is truly appreciated!
We have already read a considerable amount of information available here on the forums (thank you very much!) regarding potential pros and cons of purchasing a Marriott resale week (or legacy week, as it has been referred to).
For us, the comparison is largely whether we should purchase a annual resale week at NCV, Gold Season, as opposed to trying to secure a week at the property each year through an II Getaway. If not available, it wouldn’t be a major problem, as we’d probably just end up going to a different Marriott resort through a Getaway (we like Shadow Ridge, Timber Lodge, etc., and have been able to find suitable weeks via Getaways in the past).
There are a couple of specific questions where we really could use some assistance:
1 - Difficulty of Securing a Reservation Annually for Gold Season, During Any Week - We don’t have a whole lot of preference regarding the month or week that we visit the resort during the Gold season (which I understand is January after New Year’s, through sometime in May). We are trying to get a sense, however, of how much the DC program might affect our ability to reserve a week during the season, at the deeded resort. When we first started considering this issue, we were thinking “it’s your deeded week at your home resort - it HAS to be available”. As we have read more regarding the DC points system, however, and how inventory comes available through the Marriott reservation system, we felt it was worthwhile to ask experienced TUG members this question. In terms of demand, while we recognize that Marriott NCV Gold Season is not Maui Ocean Club during the summer, we are still concerned about this issue.
Any idea as to whether we are likely to experience difficulty making a reservation at the NCV as our home resort, if we are willing to accept any week during Gold Season, if we start calling at the beginning of the 12-month reservation window?
If we can’t book a week, does Marriott have a right to tell us that our only option is to book at another property where inventory is available? If that were the case, would it make sense to contact Marriott customer service about the fact that we can’t get a reservation at our home resort?
2 - Maintenance Fees - Utilizing the chart that is available through the forums, it appears that annual MF increases at NCV have been running at about 4.78% per year.
Any ideas as to where MF increases are likely to go in the future, specific to NCV, or generally for Marriott Vacation Club?
We are not super concerned about the current MF cost but are concerned about affordability down the road 10-15 years.
3 - Any other thoughts that might help to guide us in our decision?
-We really like the NCV and would plan use our week there every year. We don’t know whether we would be at the bottom of the priority list in terms of requesting a particular building or floor, but we can live with that.
-We have no concerns about not being able to trade into the Marriott Hotel rewards program.
-We have no concerns about our resale week eliminating our ability to do internal trades into another Marriott Vacation Club property.
-We are aware that we can still deposit the week for trading through II (including into other Marriott Vacation Club properties), although we are not likely to do this.
-We are aware that the purchase price must pass ROFR, and we have read the forum guidance concerning the same.
-If anyone can point us to threads on the forum that help to describe the process for purchasing a resale week from another Marriott owner (title company, escrow, closing companies, etc.) and/or whether it is preferable to utilize a broker, that would be of particular interest.
I know that this is our first post on the forum, and there are several questions above. Whatever help or assistance you might give us is truly appreciated!
