In case you are buying a Marriott or any resort with ROFR, beware if the bait and switch method they use.
I had a signed contract to purchase a Legend's Edge platinum unit and paid the requested deposit. They suggested a $500 deposit be paid via credit card but with a 35 credit card fee to start the process. I specifically asked if ROFR is exercised if I will get the full $535 back and they said yes.
Less than 3 days from signing of the contract and payment of deposit, I get a call letting me know that Marriott has a buy back offer on the unit and if I was willing to increase my price to match Marriott's. THIS IS AFTER WE HAVE A SIGNED CONTRACT AND MY DEPOSIT WAS PAID.
Now they are asking me for my bank details so they can wire my refund of $500 and they have refused to refund me the $35 fee- Remember that they are the ones that breached the contract.
Couple of things- w
- Why do they need my bank info to give me the refund when they can just reverse the initial credit card charge?
- They are refusing to refund me the $35 fee back. This is ridiculous since now I am out of pocket $35 for a contract they breached. The agent indicated it is not refundable since Marriott exercised ROFR, which in it self is a LIE. $35 isn't a lot of money, I am just pissed based on principle.
Any suggestions on what I should do next?
I had a signed contract to purchase a Legend's Edge platinum unit and paid the requested deposit. They suggested a $500 deposit be paid via credit card but with a 35 credit card fee to start the process. I specifically asked if ROFR is exercised if I will get the full $535 back and they said yes.
Less than 3 days from signing of the contract and payment of deposit, I get a call letting me know that Marriott has a buy back offer on the unit and if I was willing to increase my price to match Marriott's. THIS IS AFTER WE HAVE A SIGNED CONTRACT AND MY DEPOSIT WAS PAID.
Now they are asking me for my bank details so they can wire my refund of $500 and they have refused to refund me the $35 fee- Remember that they are the ones that breached the contract.
Couple of things- w
- Why do they need my bank info to give me the refund when they can just reverse the initial credit card charge?
- They are refusing to refund me the $35 fee back. This is ridiculous since now I am out of pocket $35 for a contract they breached. The agent indicated it is not refundable since Marriott exercised ROFR, which in it self is a LIE. $35 isn't a lot of money, I am just pissed based on principle.
Any suggestions on what I should do next?