The theory is great that Marriott would ROFR everything $1 below retail to help owners, but the fact is they only ROFR what will benefit them. If they did ROFR them all, people would quit making any offers to buy for any price. If they agreed to buy the weeks back from owners for a set price, that would help everyone and raise reale prices. If you think the value of your Marriott is high because of ROFR, list it for sale for 60% of the current Marriott selling price and see if you get a single buyer to contact you. What Marriott gets for weeks retail is irrelevant to a current owner, all that matters to the owner is what he could sell his week for if he needed to. The reality of trying to sell your week will wake you up to what resale prices really are. People here want to know why people sell their weeks so cheap on e-bay. If you have listed it for sale for a year lowering the price numerous times with no real offers, an e-bay real offer will sound pretty good. At least you won't have to pay another year's MF's. There are few buyers out there, and even fewer who want to pay a high price. Just list your week for sale and see. You don't have to actually sell it if someone does happens to try and buy it.
The diamond analogy won't work. Most every woman in the US wants a diamond engagement ring, most want diamond ear rings, many want diamond bracelets etc. The diamond prices are manipulated high and us guys pay it for the women we love. However, most women could care less about a timeshare week. Ask at work, church, sporting events how many of your friends own timeshares. Not only do most not own them, most will tell you they wouldn't own one for free. I quit telling people that I own timeshares because of the negative responses I received. Marriott has a product with a limited customer base and they can't manipulate price on the open market like Debeers can with diamonds. You can resell your diamond tomorrow in any city at any jewelry store or at any pawn shop. Try doing that with your Marriott. Somehow debeers seems to keep diamond prices high without having ROFR on your wife's engagement ring.
The diamond analogy won't work. Most every woman in the US wants a diamond engagement ring, most want diamond ear rings, many want diamond bracelets etc. The diamond prices are manipulated high and us guys pay it for the women we love. However, most women could care less about a timeshare week. Ask at work, church, sporting events how many of your friends own timeshares. Not only do most not own them, most will tell you they wouldn't own one for free. I quit telling people that I own timeshares because of the negative responses I received. Marriott has a product with a limited customer base and they can't manipulate price on the open market like Debeers can with diamonds. You can resell your diamond tomorrow in any city at any jewelry store or at any pawn shop. Try doing that with your Marriott. Somehow debeers seems to keep diamond prices high without having ROFR on your wife's engagement ring.
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