ROFR metric / Ongoing ROFR Activity

[Fasttr]

I thought it was an EOY odd?

ahhh... its always the details that get me. ;-)

 

[jwalk03]

I agree that the chances week 51 or 52 at Grande Vista are low. What about a Florida Club booking into Legends Edge? Platinum runs to week 44 there (early November). I'm also ok with $872 all in for the EOY week.

Also, can you elaborate on how a replacement interval week would work? Thanks!

If there is nothing left available in your season after a transfer. You call Marriott and requested a replacement week. It will be a Marriott deposit into Interval that you can use to make an exchange. They will typically give you the option of a single 2BR deposit which would allow you to make one trade or a studio and a 1BR deposit which would allow you to make two trades. Same as if you locked off the week yourself and deposited that way.

 

[frank808]

And to lock off unit, MVC charges $90 since unit is not enrolled.

Sent from my SM-N975U using Tapatalk

 

[grupp]

Timber Lodge in South Lake Tahoe week 51 for $22,000 included free use of 2023 week FAILED ROFR

what size unit?

2 bedroom

 

[Huskerpaul]

When I got my Gold Grande Vista EOYE last year, by the time the transfer was finished there was nothing to reserve, so they gave a replacement week which was in September with a low TDI. I was able to exchange into a Lakeshore Reserve 2BDR this December. Since I didn't have to pay any of the MF for the 2022 week, to me this trade basically pays for my purchase price of a few hundred plus the 5-year Interval membership I setup to get the replacement week. I'm happy with the outcome.

 

[dioxide45]

Wew even got a replacement deposit when we bought way back in 2007. The only mistake I made was not locking it off. The rep even asked if I wanted to lock off and I didn't. I traded it for Cypress Harbour. Oh, I was very "green" back then...

These replacement deposits are really just weeks that Marriott has deposited from their side, usually excess inventory from weeks that owners didn't reserve. When you accept one of these weeks, they just transfer the deposit to your II account. It is possible to sometimes get a late deposit (59 flexchange restricted). Others have also been able to get these weeks after the end of the use year.

 

[igopogo]

2br/3ba ADA unit five winter weeks at Grand Residence (South Lake Tahoe) passed at $42K in June.

 

[stslc]

Took another shot at some points @ $1.70 and Marriott exercised ROFR.

 

[joebeta]

I have a Marriott's Ocean Pointe - 2 Bedroom Lock-Off- Silver Season(18-21) and (35-50). Oceanside. Florida Club-- All Fees are Current- No Mortgage. Equals 3,050 Points. I still have deeded week. Any Guess What price would pass ROFR? Thanks. I am hoping to get 5K.

 

[jwalk03]

I have a Marriott's Ocean Pointe - 2 Bedroom Lock-Off- Silver Season(18-21) and (35-50). Oceanside. Florida Club-- All Fees are Current- No Mortgage. Equals 3,050 Points. I still have deeded week. Any Guess What price would pass ROFR? Thanks. I am hoping to get 5K.

Check rofr.net to see what recently reported listing have passed/failed at what prices.

 

[deniseh]

We are finalizing an EOY platinum at Desert Springs villas 2. Passed ROFR at $1500. Usage starts 2024 and reservation was made by previous owner for March 31-April 7. What is the typical timeframe for it to actually transfer to our MVC account? So that we could deposit it in Interval if we decide not to use it for that week.

 

[BJRSanDiego]

We are finalizing an EOY platinum at Desert Springs villas 2. Passed ROFR at $1500. Usage starts 2024 and reservation was made by previous owner for March 31-April 7. What is the typical timeframe for it to actually transfer to our MVC account? So that we could deposit it in Interval if we decide not to use it for that week.

My guess would be 60 to 75 days based on my experience several years ago. When you are in the system, quickly look for something that is in your season (probably Red rather than Platinum - - but same thing).

 

[deniseh]

My guess would be 60 to 75 days based on my experience several years ago. When you are in the system, quickly look for something that is in your season (probably Red rather than Platinum - - but same thing).

Thanks. It seems like this next step is the slowest. How does one know that it is transferred?
Yes, it is red season. Just used to most resorts it is platinum.

 

[jmhpsu93]

Thanks. It seems like this next step is the slowest. How does one know that it is transferred?
Yes, it is red season. Just used to most resorts it is platinum.

You'll get an email from MVC Ownership that lets you know it's in your account. I usually follow up with an email maybe 45 days in - I would expect it to take at least two months.

If you're going to deposit into Interval and you know before the end of this year, you might want to change the reservation to week 52. I think the 12-months out would trump the higher TDI of March but only 4-5 months out.

 

[GabrielSmith]

Took another shot at some points @ $1.70 and Marriott exercised ROFR.

Where are you looking for Marriott resale points?

 

[dioxide45]

Took another shot at some points @ $1.70 and Marriott exercised ROFR.

I was looking at rofr.net and the club points entries. It seems fairly rare that club points are getting through ROFR.

 

[stslc]

I was looking at rofr.net and the club points entries. It seems fairly rare that club points are getting through ROFR.

Agreed. I’m just trying to get lucky and at tge same time hope I’m helping people get out of their points.