Renting your week through Marriott

[Kar45]

Hi everyone. I am brand new to Tug and am a relatively new Sabal Palms owner. I saw the option to call Marriott and list your timeshare for rent in the week FAQ's. I am thinking of doing this for the 2018 year, as we already traded in for points for 2017. What should my realistic options be for what they will offer? Will their rent cover yearly maintenance fees? Will their offer vary at different times? I'm trying to gage what I should expect. Any thoughts or tips are helpful and appreciated. Thank you!

 

[tschwa2]

No harm to request a quote but based on my past experience, I wouldn't expect the offer to be more than $700-900 if you own a platinum week and less for a lower season.

The only times the offer seems to even cover mf 's would be if you own the kind of week that you could easily rent for $500-1000 more on your own like a Prime ocean front SC or HI 2Br.

 

[Saintsfanfl]

Orlando is the place for discounts so rental rates are really low, especially when you give up a large chunk to Marriott. Orlando will trade pretty good but the only rentals that might fair ok are Pres week, prime spring/Easter, and Xmas/New Years. Even then I'm not sure it's enough to recoup if going through Marriott.

Going on your own there are so many discount choices for renters that there is rarely a reason to prepay a non refundable renter to an unknown party. For example Marriott.com rates for many times of the year are fairly reasonable with no prepayment and full cancel ability. II also has getaway prices for many time of the year that are less than half the fees.

 

[bogey21]

Many years ago I had Marriott rent my Sabal Palms Week for me. It always worked out well administratively and the net proceeds more than covered my MF. But that was back when they only took 20% commission. Today I think it is 40%. I don't know for fact but I'll bet the difference between the Rental Rate and MF has shrunk dramatically since back when I was doing it.

George

 

[tschwa2]

Marriott doesn't take commission per say. They also won't take a specific week unless you own a fixed week. If you have a reservation for a float week they make you cancel it. They get the use of a week in your season to do with it what they will- rent it out, use it for those return promotions with a sales meeting, etc. They make you an up front offer based on your resort and season and their needs. This was my experience 4 years ago. I was offered less than what they charge on Marriott.com for 2 nights for a gold season Barony week which at the time was $370 per night for my unit type. In July 2012, I was inquiring about 2013 rental through Marriott. My offer was $700.

 

[StevenTing]

Back in 2014 I was curious what I could get for my Ko Olina 2015 week. They offered a rental fee of $1770. That was a net amount. It wasn't enough to cover my MF but it was close. My week was a floating week as well. 2014 MF at the time was $1864.82 including Reserves and Taxes. The 2015 MF was $1951.84.

 

[suzannesimon]

I tried to get them to rent my Frenchman's Cove Christmas week 3 bedroom a few years ago. They offered me $700. I rented it on Redweek in 24 hours for $4,000. I don't know what fair market value is for an Orlando week but I'd check what they are renting them for on Redweek.

 

[Kar45]

That's a great idea, thank you! Marriott offered me $720 for our red week and nothing for our white.