ROFR metric / Ongoing ROFR Activity

[dioxide45]

Maybe you can add an optional field, TUG user id? This person may still have not filled it out, but, sometimes, people like me are reluctant to provide an email. I wouldn't mind providing my TUG user id. Just a thought.

You can simply enter your TUG Username in the name field. Many people do that already. I tried searching for that user here on TUG, but there is no member on the BBS with that name.

 

[byebye]

Yes it would be nice if there were some way to confirm these prices. I recently purchased a ASC and I wait until it passes ROFR to post. I did this in 2010 and will do it to this one as well. I was lucky in 2010 - I bought it 6/7/10 and just recently was able to transfer to points for free.

 

[sandcfort]

How much is the Marriott transfer or reenrollment fee for buying on the secondary market? $2 per point or more.

 

[Panina]

I have looked to purchase Hyatt in the past as their trading power seemed great especially if you were trading for smaller units in II. Not a lot of Hyatt points were needed. This is the piece I am wondering on, how Hyatt’s will trade in II in the future.

 

[Fasttr]

How much is the Marriott transfer or reenrollment fee for buying on the secondary market? $2 per point or more.

There have been several reports that it jumped up to $3 per point around April of 2018. Not sure if there is also a minimum that applies. It used to be $2 per point with a $3K minimum.

 

[taterhed]

The reports are true: $3 per point, with $3k minimum.

Keep in mind: this sets the amount of money that ultimately goes to Marriott, but there is no clear indication how it will affect the ROFR.
In fact, it seems as though Marriott has been more lenient lately (based on posts) on the MVC points with 'bundled' fees attached.

YMMV

 

[dioxide45]

The reports are true: $3 per point, with $3k minimum.

Keep in mind: this sets the amount of money that ultimately goes to Marriott, but there is no clear indication how it will affect the ROFR.
In fact, it seems as though Marriott has been more lenient lately (based on posts) on the MVC points with 'bundled' fees attached.

YMMV

Perhaps the higher junk fees just drive down the offer price to the buyer. Perhaps making it more likely that Marriott exercises?

 

[taterhed]

This is definitely a 'Soylent Green' cycle. .....It's POINTS!!!!

Buy points, give them back, buy points.....

 

[hajjah]

I've just had my second possible Marriott purchase ROFR again. Both units were EOY. I'll keep trying.

 

[TXTortoise]

Please add to ROFR.net

 

[hajjah]

Please add to ROFR.net

Yes, I’ve posted both results on ROFR.

 

[Jerrygomi]

Marriott just exercised ROFR on my $2036 purchase of annual 2BR red week at Desert Springs Villas II. Added to ROFR.net.

 

[TravelTime]

Do Tuggers think that the price per point for MVC DC Points will decrease further since they raised their activation fees from $2 to $3 pp?

 

[GregT]

Do Tuggers think that the price per point for MVC DC Points will decrease further since they raised their activation fees from $2 to $3 pp?

Yes I do. I think here is a limit to how far the prices can drop, because Marriott can simply ROFR anything that is too cheap, but I do believe prices will drop to $2.00 - $2.50 per point, with some of them passing ROFR. I will be very curious to see how ROFR activity is affected by the merger, and if more things pass because the junk fee is attractive and Marriott's cash may be better spent on dividends, debt, and integration activities.

Best,

Greg

 

[hajjah]

Marriott just enforced its ROFR on Harbour Lake EOY. I've posted it to ROFR.net.

 

[chemteach]

I am a happy camper! I purchased a two bedroom platinum annual Timber Lodge unit and it passed ROFR at $4200. I didn't think it would pass. Super happy.

 

[Oscar923]

Marriott exercised ROFR on my EOY Grand Chateau platinum 1 bedroom at $398. The case is added to ROFR.net database.

 

[MOXJO7282]

I have a MOC 2BDRM OF odd year pending at $11,700 all-in. It's been a week so hopefully I find out soon.

 

[TravelTime]

I just bought Marriott Destination Points at $2.25 per point plus $2 activation fee.

Just want to make a correction. This deal did not work out. I passed at $3 pp plus the $2 activation fee. So $5 per point for 7000 points total.

 

[TravelTime]

Just added 1000 points to get to Executive level. Not sure how it passed. Got lucky for once.

Just want to clarify the $2.25 pp did not work out. I ended up buying a total of 7000 points to get to Execiutive level at $3 pp plus $2 activation fee.

 

[TravelTime]

I have a MOC 2BDRM OF odd year pending at $11,700 all-in. It's been a week so hopefully I find out soon.

That would be a great price. Hope it passes.

 

[TXTortoise]

I have a MOC 2BDRM OF odd year pending at $11,700 all-in. It's been a week so hopefully I find out soon.

Just met a new friend that picked up one of those up three years ago...$10k. Hoping your’s passes. FWIW, My last three all got ROFR cleared within two weeks of submission.

 

[MOXJO7282]

Just met a new friend that picked up one of those up three years ago...$10k. Hoping your’s passes. FWIW, My last three all got ROFR cleared within two weeks of submission.

I think it should pass. I think it's a very good price especially since it's an all-in price AND I'm getting a good 2019 week and not paying the 2018 fees. A number of sellers tried to pass those on and I pass on those deals. I'm likely to use the week and combine with a great offer I just got from Hyatt to preview a 2BDRM OF for $999 for 5 days. So it looks like Maui is in our future for 2019

 

[TXTortoise]

Nice. They were doing short presentations for Marriott owners when we were there last February. $150 gift cards. Awesome rooms...and prices. Made a winter Lahaina tower fixed week look like a bargain.

 

[toddc2]

That would be a great price. Hope it passes.

That would be a great all in price. After failing ROFR at $10k for the same unit, my broker said $12k is the safe zone. Your all in price implies a purchase price of just shy of $11k + fees, so it's going to be a close call. Keep us apprised!