• Welcome to the FREE TUGBBS forums! The absolute best place for owners to get help and advice about their timeshares for more than 32 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 32 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 32nd anniversary: Happy 32nd Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    All subscribers auto-entered to win all free TUG membership giveaways!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 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 $24 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!
  • Now through the end of the year you can join or renew your TUG membership at the lowest price ever offered! Learn More!
  • 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!

ROFR metric / Ongoing ROFR Activity

RookWDW said:
Marriott Grande Chateau - 2 bed platinum EY $2,995. Passed ROFR on 5/26/22. Offer accepted on April 20th. Closed July 12th. I have yet to get an email from MVC. Seems to have taking a long time to process. This was listed by Redweek agents.

Now ... what to get next
Click to expand...
Expect 5-7 weeks to add to your MVC account, down from like 8-10 earlier this year.
 
Marriott exercised ROFR on 8/10/22 on our Marriott Lakeshore Reserve property, 3BR lock-off at $6,000 sale price. Sort of shocked since they were not interested in buying it back from us directly.
 
kelly4me said:
Marriott exercised ROFR on 8/10/22 on our Marriott Lakeshore Reserve property, 3BR lock-off at $6,000 sale price. Sort of shocked since they were not interested in buying it back from us directly.
Click to expand...
What season?
 
@dioxide45 , Regular platinum - week 1-5, 18-52.

They canceled our July 4th week reservation before I had heard anything about ROFR. That tipped me off.
 
kelly4me said:
@dioxide45 , Regular platinum - week 1-5, 18-52.

They canceled our July 4th week reservation before I had heard anything about ROFR. That tipped me off.
Click to expand...
That seems like a pretty good price. I know someone that bought a 3BR Platinum Lakeshore a few years ago for about $3,500.
 
kelly4me said:
Marriott exercised ROFR on 8/10/22 on our Marriott Lakeshore Reserve property, 3BR lock-off at $6,000 sale price. Sort of shocked since they were not interested in buying it back from us directly.
Click to expand...
dioxide45 said:
That seems like a pretty good price. I know someone that bought a 3BR Platinum Lakeshore a few years ago for about $3,500.
Click to expand...
I'm surprised they took it due to price, I am not surprised they paid more ROFR than they would have paid direct, I think that's a normal outcome. I assume there were no other incentives in the sales contract.
 
Dean said:
I'm surprised they took it due to price, I am not surprised they paid more ROFR than they would have paid direct, I think that's a normal outcome. I assume there were no other incentives in the sales contract.
Click to expand...

None. The buyer was to pay all of their costs. Grateful for that as I would have been really irritated to pay them for Marriott. ;)
 
SteelerGal said:
Marriott Harbor Lake Platinum 2bdrm. Passed ROFR yesterday. $1.00
Click to expand...
Where did you buy it? I wonder if the seller/broker (if it was EBay or Redweek) didn't bake in some fees/commissions and the price actually submitted to Marriott wasn't more than $1?
 
dioxide45 said:
Where did you buy it? I wonder if the seller/broker (if it was EBay or Redweek) didn't bake in some fees/commissions and the price actually submitted to Marriott wasn't more than $1?
Click to expand...
I also bought a Harbour Lake 2BR Platinum on eBay in January...$130 which passed ROFR.
 
dioxide45 said:
Where did you buy it? I wonder if the seller/broker (if it was EBay or Redweek) didn't bake in some fees/commissions and the price actually submitted to Marriott wasn't more than $1?
Click to expand...
I have a feeling something like that happened since it was off of EBay. I had a couple of Desert Platinum weeks ROFR at market price so I was happy w/ this acquisition.
 
My purchase of an every year, 2BR ocean view Marriott Waiohai just passed ROFR at $8,000
 
Hi team, new here looking at an MVC points purchase Resale. I've looked over ROFR.net and it seems to be a near crapshoot in the ability to get past ROFR on points (with some exceptions). We'd probably look for something around 3500 points, with a goal of $4pp, $7net when factoring Marriott's fee. Doesn't seem like there is much rhyme or reason to it. Should we just start pumping out $4pp offers and wait for one to get through?
 
Ozznato said:
Hi team, new here looking at an MVC points purchase Resale. I've looked over ROFR.net and it seems to be a near crapshoot in the ability to get past ROFR on points (with some exceptions). We'd probably look for something around 3500 points, with a goal of $4pp, $7net when factoring Marriott's fee. Doesn't seem like there is much rhyme or reason to it. Should we just start pumping out $4pp offers and wait for one to get through?
Click to expand...
Or even try one at $3.50 and see if you can get one past the goalie.

And welcome to TUG. Stick around, its a great place to learn and bounce ideas off of one another.
 
Fasttr said:
Or even try one at $3.50 and see if you can get one past the goalie.

And welcome to TUG. Stick around, its a great place to learn and bounce ideas off of one another.
Click to expand...

Thanks for having me. I've been dabbling in a DVC board as my parents were looking to jump in there. I'm trying to get a proposal together to show them how other options might be more advantageous. I think MVC would be an easy sell to them if we were able to come in at $4pp, $7net for 3500 points. Honestly seems so weird that MVC has priced their direct market so out of line with resale. Is it really just to get people who won't do the research? Assuming ROFR.net is accurate they regularly let point sales slip through below $4pp (though I guess it does not disclose the size of the transaction) but deny others. $3.90 failed 8/4/22, $3.75 passed 6/1/22. So weird to me.
 
Ozznato said:
Thanks for having me. I've been dabbling in a DVC board as my parents were looking to jump in there. I'm trying to get a proposal together to show them how other options might be more advantageous. I think MVC would be an easy sell to them if we were able to come in at $4pp, $7net for 3500 points. Honestly seems so weird that MVC has priced their direct market so out of line with resale. Is it really just to get people who won't do the research? Assuming ROFR.net is accurate they regularly let point sales slip through below $4pp (though I guess it does not disclose the size of the transaction) but deny others. $3.90 failed 8/4/22, $3.75 passed 6/1/22. So weird to me.
Click to expand...
ROFR.net is just a general guide, but there are other things that go into Marriott's decision to exercise or not. They may pay more for something with a ful 2023 use year than one where the owner has borrowed points to 2022 and used them for a reservation.

As to the difference in price between resale and direct. The same is true in DVC and every other timeshare out there. Timeshares when sold by the developer are a sold product. Few people walk into a presentation with the plan to walk out as owners. They are sold the product they didn't plan to buy. Rarely do they know anything about the resale market. Timeshares on the resale market is more of a supply vs. demand. Far more people want out of their timeshares than there are people looking to buy them.
 
kyaustin said:
Marriott Grande Vista 3 BR EOY Odd, first usage 2023

passed Marriott ROFR at $2100

I’ll add to ROFR.net
Click to expand...
Was it assigned a specific season?
 
Hi Everyone... new here. Wanted to know if Marriott buys back points from foreign/international sellers, or if those are typically waived?
 
You must log in or register to reply here.
Top