• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $23 Million dollars
  • Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Re-Selling DC Points

fdough1

Guest
Joined
May 7, 2015
Messages
56
Reaction score
45
[Details removed.] I desperately want to get rid of [DC Points] for good. Can anyone advise on options to resell? I called MVCI and they said they didn't deal with resale of points.

Thanks in advance
 
Last edited by a moderator:

dioxide45

TUG Review Crew: Expert
TUG Lifetime Member
Joined
May 20, 2006
Messages
51,713
Reaction score
23,207
Location
NE Florida
Resorts Owned
Marriott Grande Vista
Marriott Harbour Lake
Sheraton Vistana Villages
Club Wyndham CWA
There are several places where you can sell your points. The Tug Marketplace and Redweek are probably the best options. However, keep in mind that you won't be able to sell them for anywhere close to what you bought them for. I don't know the going rate these days, but I think it is close to $3-$5 a point. Marriott adds some heavy junk fees to the buyer.

You do need to make sure that you don't still have an outstanding mortgage on the DC points. If you do, you need to pay that off first. No one wants to buy a timeshare that still has anything owed against it.
 

taterhed

TUG Member
Joined
Sep 28, 2011
Messages
4,536
Reaction score
1,903
Location
Virginia
Resorts Owned
Westin WKORV OFD
Marriott's Grande Vista
Worldmark x2
SVV Bella 81k
DC points can be resold. They must pass ROFR to transfer. Obviously, you would like the sale of your points to be as high $$$ as possible. So, it's a balance.

  1. Price too high, sellers will go elsewhere
  2. Price too low, you'll get less money and Marriott will ROFR sale.
Suggest you contact a respected TUG re-seller (such as Samuel R. at SethNoc's Sellingtimeshares.net) to assist you in brokering your points. You'll spend some money on the broker, but the sale will be faster, more secure and cause you less headache. I believe there is currently a good market for resale points.



A few knowledge points:
DC point resales are currently reselling at just under $5 a point (last I heard). There is a mandatory ROFR, there are mandatory fees for the buyer (junk fees about $2 a point, 3k minimum fee). Thus, the actual cost of resale points is currently about $7 a point (to the buyer). Suggest you push ALL fees possible to the buyer; that way if ROFR'd, you'll avoid paying the fees.


You didn't mention how many points you have, but with the min $3k junk fee, 1500 becomes the minimum cost effect point's sale.


Good luck.
 

taterhed

TUG Member
Joined
Sep 28, 2011
Messages
4,536
Reaction score
1,903
Location
Virginia
Resorts Owned
Westin WKORV OFD
Marriott's Grande Vista
Worldmark x2
SVV Bella 81k
There are several places where you can sell your points. The Tug Marketplace and Redweek are probably the best options. However, keep in mind that you won't be able to sell them for anywhere close to what you bought them for. I don't know the going rate these days, but I think it is close to $3-$5 a point. Marriott adds some heavy junk fees to the buyer.

You do need to make sure that you don't still have an outstanding mortgage on the DC points. If you do, you need to pay that off first. No one wants to buy a timeshare that still has anything owed against it.

Dang, too slow to post. You are a fast draw....:bawl:
 
Top