Sheraton Flex Points resale questions

[shaaan]

Questions for points resale purchase for Sheraton Flex -
1. Can I sell my ownership to someone or back to sheraton in future if I have bought as resale?
2. What additional fees do I have to pay other than listed price to make full use of my ownership of resale points?
3. How hard or easy do you find to book resorts outside of 9 Sheraton home resorts? As I understand, I don't get preferred booking option if I buy in resale.

Appreciate your input. It will help me decision between Sheraton flex vs MVC.

PTIA!

 

[VacationForever]

1. There is no value in resale Sheraton Flex. You maybe able to deedback to Vistana/MVC if you are up to date on your Maintenance Fees, or list it for free.
2. Yearly maintenance fees.
3. Outside of the Sheraton resorts in the Sheraton Flex portfolio, you will need to use Interval International to trade into other resorts.

 

[sponger76]

Questions for points resale purchase for Sheraton Flex -
1. Can I sell my ownership to someone or back to sheraton in future if I have bought as resale?
2. What additional fees do I have to pay other than listed price to make full use of my ownership of resale points?
3. How hard or easy do you find to book resorts outside of 9 Sheraton home resorts? As I understand, I don't get preferred booking option if I buy in resale.

Appreciate your input. It will help me decision between Sheraton flex vs MVC.

PTIA!

1. You can sell to another person, but won't get much. You might even have to give it away. Vistana won't buy them from you but they will take them off your hands if completely paid off and caught up on Maintenance Fees.
2. No additional fees to book at the Sheraton Flex home resorts, and you can start booking those at 12 months out. But you'll have to exchange via II to book other resorts, including other Vistana or Marriott properties. The caveat is if you make a minimum $10k retail purchase from Vistana to "requalify" your resale purchase, you'll then be able to book other Vistana resorts in VSN or elect for points to book via MVC's Abound program.
3. If you do requalify your resale points via the process alluded to in answer 2, you can book other Vistana resorts within 8 months of check-in. Depending on the location and season, it can be quite difficult or very easy. Obviously the more desirable the particular stay is, the less likely there will be availability left over at 8 months out.

 

[kozykritter]

1. You can sell to another person, but won't get much. You might even have to give it away. Vistana won't buy them from you but they will take them off your hands if completely paid off and caught up on Maintenance Fees.
2. No additional fees to book at the Sheraton Flex home resorts, and you can start booking those at 12 months out. But unless you exchange via II you won't be able to book other resorts. The caveat is if you make a minimum $10k retail purchase from Vistana to "requalify" your resale purchase, you'll then be able to book other Vistana resorts in VSN or elect for points to book via MVC's Abound program.
3. If you do requalify your resale points via the process alluded to in answer 2, you can book other Vistana resorts within 8 months of check-in. Depending on the location and season, it can be quite difficult or very easy. Obviously the more desirable the particular stay is, the less likely there will be availability left over at 8 months out.

Your options for using your Sheraton Flex home options is to book the nine resorts in it up to 12 months before check in or pay for an Interval International account and do exchanges to other properties including any Vistana resort. With resale, you will pay an exchange fee for each trade in Interval. However you can bank any leftover home options each year into Interval for free and they are good for use 2 years beyond their original use year.

 

[sponger76]

Your options for using your Sheraton Flex home options is to book the nine resorts in it up to 12 months before check in or pay for an Interval International account and do exchanges to other properties including any Vistana resort. With resale, you will pay an exchange fee for each trade in Interval. However you can bank any leftover home options each year into Interval for free and they are good for use 2 years beyond their original use year.

Yeah, I did briefly mention II in my answer to #2, just didn't mention the financials of it.

 

[Hindsite]

Appreciate your input. It will help me decision between Sheraton flex vs MVC.

This decision comes down to where you want to travel to and whether you are looking at a resale MVC week or resale MVC club points.

Sheraton flex trades in II well. As it is points you can stretch the usage by going lower season and smaller units, and you can add homeoption points into II in small amounts, allowing you to build enough for a bigger trip over time. What you won't get is the MVC preference period that MVC weeks owners get in II were they have upto 20 days of exclusive access to other MVC II inventory before it goes to Sheraton and Westin owners for a few days and then to general release.
MVC weeks resale also trade well in II, especially if you buy a high season week that is a lock-off unit so you can get 2 x weeks in II for 1 x weeks maint fees. You will pay 2 x II exchange fees, but you get preference access to other MVC inventory in II and can often trade up in unit size by paying the unit size upgrade fee.
MVC club points are generally terrible value to use in II. You can't use them to exchange to any other MVC, Sheraton or Westin resort and you will use quite a lot of points to get to the same places that you'll get to with Sheraton Flex.
Usually the advice is to dip your toe in with something, there are no guarantees as a lot of the issue will be your preferences and the extent to which you are prepared to put the time in to get the value.

 

[shaaan]

Where can I find a chart showing the points needed to book different Sheraton Flex resorts (points needed by season by type of accommodation)?

Sounds like easy to find item but I have been looking for a while and forums and could not locate. Please point me to right direction.

Thanks!

 

[sponger76]

Where can I find a chart showing the points needed to book different Sheraton Flex resorts (points needed by season by type of accommodation)?

Sounds like easy to find item but I have been looking for a while and forums and could not locate. Please point me to right direction.

Thanks!

 

[shaaan]

Thanks!!

 

[Hindsite]

..and here is the MVC club points chart for II, so you can compare the acquisition cost and maint fees of the 2 systems. Remembering that MVC club points can't be used in II for exchange into Sheraton, Westin or MVC properties, but Sheraton flex and MVC resale weeks can. Somewhere else is the table for Sheraton flex that is equivalent to this.

As another reference point my MVC 2-bed low season week that you can probably pick up for free and has maint fees of $1800/year can "pull" Hyatt or DVC weeks that would take 3,000 club points to book via II. That same week can also pull MVC weeks in II that would need 3500-4000 club points to book via Abound.

 

[kozykritter]

Here's the chart of how many Sheraton Flex home options it takes to book certain size units in different levels of demand (TDI)...ignore the word StarOption and substitute home option as that is what you own with resale Sheraton Flex.

I own both Sheraton Flex and MVC Club Points and by far Sheraton Flex home options are a cheaper method to book properties than using MVC Club Points plus you can use them to book Vistana and MVC properties in II, which you can't do with Club Points. For example, take the Peak demand studio on both charts, 60,000 Sheraton Flex Home options versus 2,250 MVC Club Points. Marriott values each Club Point as being equivalent to 34.25 Sheraton Flex home options. If you divide 60,000 home options by 34.25, you would be using the equivalent of 1,752 Club Points to book a unit MVC would charge you 2,250 for. The savings grow as you move up the chart to larger units. Since the current maintenance fee cost per Sheraton Flex home option is just slightly cheaper than the per point maintenance fee for MVC trust points (once you do the conversion math), you'd be saving money on your II bookings over MVC by going with Sheraton Flex, in this example about $400.

 

[dioxide45]

Here's the chart of how many Sheraton Flex home options it takes to book certain size units in different levels of demand (TDI)...ignore the word StarOption and substitute home option as that is what you own with resale Sheraton Flex.

I own both Sheraton Flex and MVC Club Points and by far Sheraton Flex home options are a cheaper method to book properties than using MVC Club Points plus you can use them to book Vistana and MVC properties in II, which you can't do with Club Points. For example, take the Peak demand studio on both charts, 60,000 Sheraton Flex Home options versus 2,250 MVC Club Points. Marriott values each Club Point as being equivalent to 34.25 Sheraton Flex home options. If you divide 60,000 home options by 34.25, you would be using the equivalent of 1,752 Club Points to book a unit MVC would charge you 2,250 for. The savings grow as you move up the chart to larger units. Since the current maintenance fee cost per Sheraton Flex home option is just slightly cheaper than the per point maintenance fee for MVC trust points (once you do the conversion math), you'd be saving money on your II bookings over MVC by going with Sheraton Flex, in this example about $400.

View attachment 85706

Is this chart published by Vistana or II? The reason I ask is that it mentions "StarOptions".

 

[kozykritter]

Is this chart published by Vistana or II? The reason I ask is that it mentions "StarOptions".

I know, it's from Vistana waaaaaaay back in the SVO days shortly after they launched Flex in 2015...I don't think even they were clear on how to refer to home options back then! But we both know StarOptions were never used in II. Anyway in all this time they have not put out a chart with updated language as far as I know, probably because the amounts on the chart are still accurate and unchanged....I suppose they were too busy selling themselves to other companies