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Resale Platinum Week Trader

jwalk03

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Trying to acquire a resale legacy Marriott week, mainly for trading but also just to get my feet wet in the Marriott system.

What would be a good price for a 2BR Platinum week at Harbour Lake?
 

Theiggy

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You can prob get it for free or very close to it these days.


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Dean

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There's one on ebay right now for under $400 with seller paying closing and transfer. The one I bought in 2018 was $811 including closing and that year's week without paying the fees.
 

jwalk03

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Is Harbor Lake a good trader?? I know the annual fees are higher than Las Vegas or Branson, by ~$200 or so. I can live with that as long as it will pull good trades when I lock off.
 

tschwa2

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I don't think its any better or any worse than other platinum weeks in Orlando, Branson, Vegas, or Williamsburg. Make sure you select a high tdi week when depositing.
 

TheTimeTraveler

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Trying to acquire a resale legacy Marriott week, mainly for trading but also just to get my feet wet in the Marriott system.

What would be a good price for a 2BR Platinum week at Harbour Lake?



Whatever you buy my recommendation would be to buy a week you can lock off. This way you always can have a potential two trades whenever you wish to lock off and deposit. It's a nice feature should you need an extra weeks worth of vacation each year.




.
 

Dean

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Is Harbor Lake a good trader?? I know the annual fees are higher than Las Vegas or Branson, by ~$200 or so. I can live with that as long as it will pull good trades when I lock off.
I don't think its any better or any worse than other platinum weeks in Orlando, Branson, Vegas, or Williamsburg. Make sure you select a high tdi week when depositing.
I've done a fair amount of investigation in this area comparing to RCI and rental prices for condo's in the past. RCI is more transparent than II in this area and while it's likely not an exact comparison, it has to be very close. One thing that RCI does (besides being more transparent) is it sets trade power more resort by resort while II tends to do more community ratings. II does tend to have resort quality as a separate somewhat independent factor and HL & WR & ? MC is slightly lower rated than the others I'd consider trading resorts. When I think of trading resorts I'm thinking GV, HL, WR, GC, Branson all Platinum plus gold at the desert resorts. Some have been able to get desert Platinum cheaply enough that I'd include it in that group if so.

I'm going by memory where I compared the best TPU week for each of those resorts/areas. Where the resort was in both II & RCI, that was my comparison (DSV). Where a comparable resort was in RCI (Cypress Harbour), that was my comparison. For the rest I compared a top resort comparable to MVC in the exact area. I think I used Falls Village for Branson & Elara for LV, I don't recall for AZ or Williamsburg. Looking at ONLY the best weeks for each the range was from 17 to 24 RCI TPU's IIRC. Orlando & LV were less variable over a number of weeks than the rest. Orlando Platinum & Gold Desert was 24 & the rest around 17. None of this matters if you get what you want and you likely will not see any real difference between any of these trading internally, reserving a top week, depositing a year out and requesting 12-13 months or more out but I alway want my best options where available.
Whatever you buy my recommendation would be to buy a week you can lock off. This way you always can have a potential two trades whenever you wish to lock off and deposit. It's a nice feature should you need an extra weeks worth of vacation each year.
My criteria for a "trading week" in the Marriott system is lower purchase price, lockoff, and lower fees. I consider a Thursday check in and the FL Club option as plusses. Now there is still some variability in terms of Maintenance fees with the desert weeks pushing this area, esp DSV I. Other considerations are a resort one might use and whether they might enroll in the future (Big plus for LV & Neg for WR). One should consider whether they might own other MVC weeks now or in the future and if so, they want to consider something that will work together to take advantage of the 13 month reservation option. LV has the broadest Platinum season so it's a major plus if one thinking's they might buy something else in the future either to use or as another trading week but don't know what resort in addition to having the highest points if one enrolls. Another plus for LV is the 3 BR trades as a 1 & 2 BR while GV 3BR trades as a studio and 2 BR though generally speaking it's probably better to get two 2 BR than a 3 BR for this situation. Other FL Club resorts might be a consideration if one will use them part of the time or mostly use the FL Club options.

Assuming the usual available good purchase price here are my top picks mostly for trading:
Best Value: Willow Ridge Platinum (generally lowest to buy & lowest fees) but possible slightly lower trade power and crap points if enrolled
Best Overall with multiple options: Grand Chateau Platinum, ? Platinum plus
Best for Orlando: GV in the FL Club Platinum, HL if enough cheaper
 

JohnB3

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I followed Dean's advice a couple of years ago, and when I applied his criteria to my situation I ended up getting a Platinum willow ridge week. I was fortunate to pick it up for free. I've had good success so far trading it in II and I'm happy with the decision. I even booked a December week at willow ridge with an Interval AC and was pleasantly surprised at how much I enjoyed the resort. Dean has thought hard about this question and I for one appreciate his willingness to share that thinking.
 
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Dean

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I followed Dean advice a couple of years ago, and when I applied his criteria to my situation I ended up getting a Platinum willow ridge week. I was fortunate to pick it up for free. I've had good success so far trading it in II and I'm happy with the decision. I even booked a December week at willow ridge with an Interval AC and was pleasantly surprised at how much I enjoyed the resort. Dean has thought hard about this question and I for one appreciate his willingness to share that thinking.
Thank you so much for the kind words. Ultimately it's just a thought process and basic information but it goes on the principle that we don't know what we don't know or haven't thought about for the issue at hand. I'm glad it's working out well for you.
 

jwalk03

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Well I just won an eBay auction for a annual Platinum 2BR at Harbor Lake. Only $300 including closing and transfer fee, so basically free! Whats the average time it takes to get one transferred? Will I still be able to book a good week for 2021 to deposit once it gets transferred?

Anyone have any additional tips or advise?
 

Dean

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Well I just won an eBay auction for a annual Platinum 2BR at Harbor Lake. Only $300 including closing and transfer fee, so basically free! Whats the average time it takes to get one transferred? Will I still be able to book a good week for 2021 to deposit once it gets transferred?

Anyone have any additional tips or advise?
You should be able to get a good week but likely not the best week. In part it may depend on how long the transfer takes to get into your name. $305 and not having to pay dues on this years week is about the best you'll do. Congratulations, I hope it works out well for you.
 

JohnB3

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Congrats I was typing when Dean answered so I deleted my response and will defer to him since at one point I believe he may have owned at HL and I have not.
 

Dean

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I own both Willow Ridge and HL. My week was slightly cheaper as it was $811 including closing and that years week plus it was closed fairly quickly because we had the option of LT transfers. I haven't owned it long enough to do much side by side comparison of WR & HL but I wouldn't expect to see much difference because you'd only be seeing what was sitting in II anyway. The real question would be if you got something with HL you wouldn't get with WR or if you matched much more quickly with HL over WR.
 

JohnB3

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I've had decent luck with WR I've gotten Kauai beach club (3 different trades, we did not get to go and I know its not your favorites :)) Barony (end of august), Lakeshore (re-traded), SF Pulse (canceled due covid), Westin Princeville (re-traded), Harbour Point at Shelter Cove (June 2021) and Sunset Pointe @ Shelter Cove (re-Traded) all out of open inventory but all summer weeks. So far I'm happy as I did all this with the unit locked off trading the studio and 1 bed for a two bed a Barony and a two bed at sunset point. As I said above I'm happy and am thankful for your input Dean, Its working well for me but I only wanted access to Marriott and II and decided this was the best way for me to accomplish that.
 

Dean

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I've had decent luck with WR I've gotten Kauai beach club (3 different trades, we did not get to go and I know its not your favorites :)) Barony (end of august), Lakeshore (re-traded), SF Pulse (canceled due covid), Westin Princeville (re-traded), Harbour Point at Shelter Cove (June 2021) and Sunset Pointe @ Shelter Cove (re-Traded) all out of open inventory but all summer weeks. So far I'm happy as I did all this with the unit locked off trading the studio and 1 bed for a two bed a Barony and a two bed at sunset point. As I said above I'm happy and am thankful for your input Dean, Its working well for me but I only wanted access to Marriott and II and decided this was the best way for me to accomplish that.
It's a crazy year and I don't think we can use current trades as an indication. I traded studio & 1 BR from WR to 4 Grande Ocean 4th of July weeks this year and even got a GO week using a non Marriott. Historically I don't think any of these trades would have happened without the current weirdness. I've had ongoing searches for GO for the week we've gone over the past 20 years or so and the only times I've gotten matches were either short notice (2X under 30 days) or one time when I had a VIP search because II messed up and canceled an ongoing search they shouldn't have. Truthfully I think the latter issue was a vindictive II employee. They cold called me and when I said I'd hold out for GO, they said I'd have no chance of success and proceeded to make it so by canceling the search without permission or even discussion. When I realized what had happened a few weeks later and they went back and listed to the call, they admitted it should not have been canceled but obviously they weren't going to give me any employee specific information. II keeps sending me an email that they've found something for my search next year for GO but it's HP for the same dates, I never plan to stay there again if I have other choices.
 

jwalk03

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Is there a chart somewhere that shows the TDI so I know which week to try and book to trade?
 

JohnB3

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It's a crazy year and I don't think we can use current trades as an indication. I traded studio & 1 BR from WR to 4 Grande Ocean 4th of July weeks this year and even got a GO week using a non Marriott. Historically I don't think any of these trades would have happened without the current weirdness. I've had ongoing searches for GO for the week we've gone over the past 20 years or so and the only times I've gotten matches were either short notice (2X under 30 days) or one time when I had a VIP search because II messed up and canceled an ongoing search they shouldn't have. Truthfully I think the latter issue was a vindictive II employee. They cold called me and when I said I'd hold out for GO, they said I'd have no chance of success and proceeded to make it so by canceling the search without permission or even discussion. When I realized what had happened a few weeks later and they went back and listed to the call, they admitted it should not have been canceled but obviously they weren't going to give me any employee specific information. II keeps sending me an email that they've found something for my search next year for GO but it's HP for the same dates, I never plan to stay there again if I have other choices.
All but one of the HHI trades were very much COVID impacted but the rest happened in 2019 before all the crazy so Hawaii, Orlando and SF trades were not COVID impacted but as they say in the market past experience is not an indicator of future performance :). I'm still happy as I expect to use this week longer term in retirement with a lot more date flexibility and I generally take what's offered and feel fortunate so my expectations are well in check (that Sheryl Crow line "Its not getting what you want, it wanting what you have" feels like important wisdom to me :)).
 

JohnB3

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Is there a chart somewhere that shows the TDI so I know which week to try and book to trade?
the interval web site has a chart for each area
here is the one from Harbor lake


TDI-5.jpg
 

buzglyd

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Interesting thread. I'm not willing to add anything until this insanity is over. I'm still likely to lean to a Palm Desert location only because I subscribe to the "buy where you want to go" philosophy and I'm not likely to ever visit Branson. Any opinions on the Phoenix location?
 

Dean

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Is there a chart somewhere that shows the TDI so I know which week to try and book to trade?
You can get to the II Directory and thus the TDI chart without being a member on II's website.
All but one of the HHI trades were very much COVID impacted but the rest happened in 2019 before all the crazy so Hawaii, Orlando and SF trades were not COVID impacted but as they say in the market past experience is not an indicator of future performance :). I'm still happy as I expect to use this week longer term in retirement with a lot more date flexibility and I generally take what's offered and feel fortunate so my expectations are well in check (that Sheryl Crow line "Its not getting what you want, it wanting what you have" feels like important wisdom to me :)).
Clearly mine were. KBC hasn't been a difficult trade in my experience as it pops out routinely when I've been looking. Orlando is almost always easy with planning. SF likely had bulk deposits. So exchanges that as a group likely aren't that difficult even if not Covid related. Barony likely Covid related and might not have matched on a normal year if my MGO experience is any indication. To expand on my thoughts for KBC. I wanted to like it since I had fond memories of staying at the property pre Marriott when it was the Kauai Surf. $79 per night for a room and compact car was a pretty good deal. But we didn't like it, we really didn't like it to the point we both agreed we'd rather have come home and cut our vacation a week shorter rather than stay there. I think it was a combination of being older, poor unit design on the conversion and limited food options without driving (compared to Maui). HMMV.
 

JohnB3

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You can get to the II Directory and thus the TDI chart without being a member on II's website.
Clearly mine were. KBC hasn't been a difficult trade in my experience as it pops out routinely when I've been looking. Orlando is almost always easy with planning. SF likely had bulk deposits. So exchanges that as a group likely aren't that difficult even if not Covid related. Barony likely Covid related and might not have matched on a normal year if my MGO experience is any indication. To expand on my thoughts for KBC. I wanted to like it since I had fond memories of staying at the property pre Marriott when it was the Kauai Surf. $79 per night for a room and compact car was a pretty good deal. But we didn't like it, we really didn't like it to the point we both agreed we'd rather have come home and cut our vacation a week shorter rather than stay there. I think it was a combination of being older, poor unit design on the conversion and limited food options without driving (compared to Maui). HMMV.

You've got that about right :) the pulse was a bulk, the one HHI pre covid was Harbor point which does show up some as its not one of the big three, Barony was clearly a covid cancel and KBC was a chance to visit Kauai this summer but the fact that I saw it 3 times in open inventory suggests your assessment is shared by others :). I do see Lakeshore (and the other Orlando resorts) often in inventory, I'm trading and know I need to be flexible (which is something anyone getting a trading week needs to remember). I generally use my DVC and or RCI points to do longer term planning and think about this Marriott week as providing opportunistic vacations to mostly great resorts. HHI is a driving vacation for us and longer term (at least up until now) not an important destination (but over time I could see my wife and I going fall or spring) With my wife's air travel concerns the opportunity to go this summer works well for my family but if summer HHI was important to us I'd buy something there.
 

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You've got that about right :) the pulse was a bulk, the one HHI pre covid was Harbor point which does show up some as its not one of the big three, Barony was clearly a covid cancel and KBC was a chance to visit Kauai this summer but the fact that I saw it 3 times in open inventory suggests your assessment is shared by others :). I do see Lakeshore (and the other Orlando resorts) often in inventory, I'm trading and know I need to be flexible (which is something anyone getting a trading week needs to remember). I generally use my DVC and or RCI points to do longer term planning and think about this Marriott week as providing opportunistic vacations to mostly great resorts. HHI is a driving vacation for us and longer term (at least up until now) not an important destination (but over time I could see my wife and I going fall or spring) With my wife's air travel concerns the opportunity to go this summer works well for my family but if summer HHI was important to us I'd buy something there.
I've been very happy trading internally but I do have tempered expectations, get the best weeks, deposit early and request early. I also try to make sure that my deposits are far enough in advance that if I don't match, I'll have additional options the last year or so. Also, if I do trade for something shorter notice or that might be easier, (Orlando) I am careful to pick which deposit I use. The more advanced planning and flexibility, the better. We're often not overly flexible as we often have a larger trip planned or reservation direct then we swap the exchanges into the spots where we have points or week reservations either kicking the points down the road to use again later or to take a weeks reservation and either rent or take points depending on the specifics. I do general planning for trips 2-3 years out and make weeks reservations 13-15 months out and points reservations at 13 months out when possible and at 12 months out when we need to.
 

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I own at Willow Ridge and found it to be an excellent trader, at least for other Marriotts. Depending on how you plan on using, the ability to lock-off is a nice feature. I usually lock-off and trade for 2 2br units. Great deal even though you have to pay the upgrade fee with interval.
 

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Well I just won an eBay auction for a annual Platinum 2BR at Harbor Lake. Only $300 including closing and transfer fee, so basically free! Whats the average time it takes to get one transferred? Will I still be able to book a good week for 2021 to deposit once it gets transferred?

Anyone have any additional tips or advise?



My best suggestion to you (since your closing won't occur for one, two, three months down the line)..........

Figure out exactly what week you would like to reserve, and ask the seller (assuming they're willing) to reserve the week you want. Write into the contract that existing 2021 reservation will be for the use of buyer (that's you!).

I always do this anytime that I buy a week from someone; after all, you will be paying 2021 maintenance fees so it goes to reason that you should get your week.



.
 

rickandcindy23

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I own at Willow Ridge and found it to be an excellent trader, at least for other Marriotts. Depending on how you plan on using, the ability to lock-off is a nice feature. I usually lock-off and trade for 2 2br units. Great deal even though you have to pay the upgrade fee with interval.
Us, too. I love those units. If I sold everything, those would be the ones I would keep for the trades. Plus, I love the resort.
 
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