What to do with Reservation when week is up for sale

[Rush]

I have a Florida Marriott week up for sale, and am approaching what I believe is the drop-dead 60 day mark to make changes to the reservation.

I have no interest in using the week myself during the time for which it is booked [early 2012], so am wondering how I should best handle the reservation, to keep my options open in the event that, for example, the week doesn't sell in time, but I would still like the eventual Buyer to be able to use it next year.

Any suggestions in this regard would be greatly appreciated!

 

[BocaBoy]

I have a Florida Marriott week up for sale, and am approaching what I believe is the drop-dead 60 day mark to make changes to the reservation.

I have no interest in using the week myself during the time for which it is booked [early 2012], so am wondering how I should best handle the reservation, to keep my options open in the event that, for example, the week doesn't sell in time, but I would still like the eventual Buyer to be able to use it next year.

Any suggestions in this regard would be greatly appreciated!

The conventional wisdom would probably be to change the reservation to another week later in the year.

 

[Rush]

The conventional wisdom would probably be to change the reservation to another week later in the year.

That part I get.

However, I believe I had read previously on this board, that transferring a pre-booked week to a Buyer is more easily done via II, as opposed to w Marriott. If that is indeed the case, I'd love to know how this is done.

Meanwhile, since my original post, I contacted Marriott to inquire about availability later in the year, and was shocked to learned that my platinum week would only get me into other weeks in platinum season, and not into gold season.

Now that blew me away, because I thought that a platinum week can book gold season weeks.

Please help!

 

[Dave M]

What you have been told is correct. If you bought a Marriott week, you can only reserve a week in your own season. To stay in another season, you must reserve a week in your own season and then request an exchange through II.

It has always been that way. If you look at the legal documents for your resort ("Reservation Procedures" or a similar topic), you should see that limitation spelled out in detail.

There are a very few exceptions, such as a handful of resorts where owners of Platinum Plus weeks can reserve a week in the Platinum season. However, I am not aware of any exceptions where Platinum owners can reserve in Gold season.

That's the way it should be. Assume that every Gold week is sold out and owners start to reserve their weeks for a particular year. If a number of Platinum owners could reserve some of those Gold weeks, some of those Gold owners would be shut out of reserving their Gold weeks - something they were GUARANTEED when they purchased.

* * *

I agree with Boca. Reserve a week (much) later in the year. That leaves all of the options open for the purchaser: use the week, change the reservation to another date or deposit with II. Let the buyer make that choice.

 

[dioxide45]

That part I get.

However, I believe I had read previously on this board, that transferring a pre-booked week to a Buyer is more easily done via II, as opposed to w Marriott. If that is indeed the case, I'd love to know how this is done.

I would say it is easier to transfer a booked week to a buyer via Marriott, not II. II may charge a fee to transfer a week between members. It would also force the buyer to become an II member. If you only have the week booked with Marriott, it should transfer when they process the transfer paperwork.

 

[Rush]

Thank you, Dave n Dioxide, for your most helpful replies!

I really appreciate it.

 

[MOXJO7282]

I would look to rent the week and list the sale as having 2013 usage because I believe when we list a bad week or no week with a sale it limits your prospectives.

 

[camachinist]

I would look to rent the week and list the sale as having 2013 usage because I believe when we list a bad week or no week with a sale it limits your prospectives.

That's what I did on the intervals I have for sale, reserving the best weeks and renting them and making the sales contingient on the rental contracts with first use and fees in 2013. My rents are approaching 25% of sale price for the prime weeks, so I follow the money.