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PerryM TUG Member Posts: 1568 From: Ballwin, MO, Park Plaza in Park City; WorldMark &TrendWest; RCI Points; Windjammer tall ship; SA Registered: May 2002	posted 04-06-2005 05:19 Jason, We made almost $1,000 in goodies last week – that’s what it means. We enjoy going to timeshare presentations – its kind of a live version of chess. Most of the time we win. The national average is one sale in 7 timeshare presentations. We like to help the developer and salesrep get to that 7th presentation where they snare a couple into buying and financing a timeshare at 14.99% interest rates. It’s our little contribution to the timeshare industry. Perry [This message has been edited by PerryM (edited 04-06-2005).] IP: Logged
JonP TUG Member Posts: 261 From: England; Marriott Club Son Antem (2wks plat); Playa Andaluza (3bed gold) Registered: Feb 2002	posted 04-06-2005 06:04 Sounds a rather sad way to spend leisure time to me. IP: Logged
Jason Non Member Posts: 161 From: Registered: Jun 2002	posted 04-06-2005 06:13 my point exactly Jon quote: Originally posted by JonP: Sounds a rather sad way to spend leisure time to me. IP: Logged
thetangs TUG Member Posts: 223 From: Hampstead, MD, USA Registered: Jul 2001	posted 04-06-2005 06:32 quote: Originally posted by PerryM: Things you don’t get by buying resale 3) Marriott repurchase program NOT available Perry, this issue is a bit gray. Last year Marriott offered to buy back my Barony Platinum which had been bought resale on the resale market. They offered me full market value less the 40% commission. I opted to keep it, but instead used a Manor Club Gold, also purchased resale, for an equity upgrade to an Ocean Watch Platinum. IP: Logged
PerryM TUG Member Posts: 1568 From: Ballwin, MO, Park Plaza in Park City; WorldMark &TrendWest; RCI Points; Windjammer tall ship; SA Registered: May 2002	posted 04-06-2005 06:38 thetangs, I have called Marriott many times asking about resales and repurchases - all answers were that Marriott would NOT extend those programs to a resale owner. However, Marriott has so many conflicting policies that a resale owner might benefit from those programs - but that would be an error on the part of Marriott’s stated policy. Perry IP: Logged
PerryM TUG Member Posts: 1568 From: Ballwin, MO, Park Plaza in Park City; WorldMark &TrendWest; RCI Points; Windjammer tall ship; SA Registered: May 2002	posted 04-06-2005 06:46 JonP & Jason, A large part of the timeshare knowledge we have accumulated has been learned at timeshare sales presentations – when you filter out all the BS. We enjoy touring the grounds and villas – last week we were at FF’s Bonnet Creek and were VERY impressed. That said we did not buy a 330,000 FF Point package for 10 cents each as the kind sales lady wanted us to do. We will, instead look for the resale of these packages at 3.5 cents and save 6.5 cents a point or $21,450. Not a bad return for spending 90 minutes being taken around and getting $75 cash and $50 in dinner tickets. (Of course we went multiple times to different FF's!) Perry [This message has been edited by PerryM (edited 04-06-2005).] IP: Logged
vanfam TUG Member Posts: 378 From: Oak Brook,IL USA Registered: Feb 2001	posted 04-06-2005 10:04 I'm still so irritated by the things they told me that I am a little worried about my timeshare. But because I'm so bugged I will send a note and copy of this thread to chief customer care and that sales guys e-mail at Legends. I know they all stretch the truth but what bugs me is that when I begged to differ from what they were telling me they really convinced me that this was true. These things were set in stone and I just hadn't found out yet. Elaine PS My first flaming topic! IP: Logged
buzzy TUG Member Posts: 62 From: york,pa Registered: Feb 2005	posted 04-06-2005 17:48 quote: Originally posted by PerryM: JonP & Jason, A large part of the timeshare knowledge we have accumulated has been learned at timeshare sales presentations – when you filter out all the BS. We enjoy touring the grounds and villas – last week we were at FF’s Bonnet Creek and were VERY impressed. Perry [This message has been edited by PerryM (edited 04-06-2005).] I have been hearing alot about Bonnet Creek. Does it trade through II or RCI? What is so nice about it? IP: Logged
PerryM TUG Member Posts: 1568 From: Ballwin, MO, Park Plaza in Park City; WorldMark &TrendWest; RCI Points; Windjammer tall ship; SA Registered: May 2002	posted 04-06-2005 20:30 Buzzy, Bonnet Creek is on Disney land and thus has a very different feeling to it. I know, I know, it really is just surrounded by Disney land but just try to explain that to the kids. In order to get to Bonnet Creek you must drive under the Disney arch and from that second you are on Disney property. Bonnet Creek trades thru RCI. The grounds are spectacular and you can see Epcot’s silver ball from the grounds. The insides of the villa are first class and when you can buy the 330,000 point package for 3.5 cents and less it will be a nice resale. Perry [This message has been edited by PerryM (edited 04-06-2005).] IP: Logged
sethnock TUG Member Posts: 646 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002	posted 04-06-2005 21:00 quote: Originally posted by PerryM: We enjoy going to timeshare presentations – its kind of a live version of chess. Most of the time we win. Perry [This message has been edited by PerryM (edited 04-06-2005).] What do you mean by most of the time? ------------------ Seth My Website IP: Logged
Badman TUG Member Posts: 33 From: Orlando,fl Registered: Apr 2005	posted 04-22-2005 14:34 Perry M: You said: Things you don’t get by buying resale There are a number of differences that a resale does not have versus buying direct from Marriott: 1) MRP capability is NOT included 2) Marriott resale program NOT available 3) Marriott repurchase program NOT available Regarding #1, there has been some indication on this boeard that you can still get this through an approved reseller. Do you know if that is true? Re #2 , do you mean Marriott listing your week in their available inventory? Re # 2, do you maean Marriott directly buying back your week or their Equity Upgrade Program? As of last year, they would take resales back in their EUP, with the stipulation that the credit given could not exceed what you paid for it. IP: Logged
Dave M Administrator TUG Member Posts: 6678 From: Boston, MA Registered: Dec 2000	posted 04-22-2005 14:43 As for #1, that means Marriott, AFAIK. The MVCI website makes it clear that you cannot trade the use of your week for Marriott Rewards points unless: quote: I purchased my timeshare interest from or through Marriott Vacation Club International or Marriott Vacation Club International of Aruba (MVCIA). IP: Logged
Badman TUG Member Posts: 33 From: Orlando,fl Registered: Apr 2005	posted 04-22-2005 15:34 Dave M: What is AFAIK? Marriott website states this? Is that only in the owner's access area? IP: Logged
Badman TUG Member Posts: 33 From: Orlando,fl Registered: Apr 2005	posted 04-22-2005 15:40 This is from the all points systems board: JanB TUG Member Posts: 1201 From: Sacramento, CA - Owner Kona Coast, Imperial Hawaii, Embassy Lake Tahoe; Port Pacific and Village Resort, Australia Registered: Dec 2000 posted 04-22-2005 10:57 -------------------------------------------------------------------------------- My understanding is that if you by Marriott from a Marriott approved resaler, you would still be able to join their points program. Has this changed? ------------------ Be slow to criticize, quick to compliment. IP: Logged Bill4728 TUG Member Posts: 329 From: Sumner, WA Owner: Club Intrawest, Monarch Grand Vacation & Mountainside Lodge Registered: Apr 2004 posted 04-22-2005 15:29 -------------------------------------------------------------------------------- Yes it is possible to buy a resale Marriott and get into the Marriott rewards program. There was a thread on this subject a couple months ago. I remember the process was long and expensive. Good luck ------------------ Bill IP: Logged
Dave M Administrator TUG Member Posts: 6678 From: Boston, MA Registered: Dec 2000	posted 04-22-2005 16:08 Yes, that statement is correct, Bill. Essentially, you are still buying from Marriott. The procedure involves having the third-party seller go through Marriott so that the price gets jacked up significantly when Marriott takes its cut. I don't know the details. The end result is that you are buying from Marriott and are paying a huge premium for the points privilege. IP: Logged
camachinist TUG Member Posts: 1565 From: Kerman, CA Registered: Feb 2004	posted 04-22-2005 16:28 AFAIK = As far as I know... Don't know if the link will work, but try it anyway... Points link Text below: quote: Marriott Rewards® Trading For Marriott Rewards Points Eligible Marriott Vacation Club International owners may trade their week for Marriott Rewards points. To determine eligibility, please follow these steps: Determine if you are eligible to trade your week(s) for points by answering “yes” to every item listed below. Last year (or two years ago, as an every-other-year owner), I did not trade this week for Marriott Rewards points. (Please disregard this item if you are eligible to trade for Marriott Rewards points every year.) My name is listed on the Deed for my timeshare interest or Share Certificate. I purchased my timeshare interest from or through Marriott Vacation Club International or Marriott Vacation Club International of Aruba (MVCIA). I am current on all financial accounts with Marriott Vacation Club International, MVCIA, and Marriott Vacation Club of Aruba Cooperative Association, i.e. mortgage payments, maintenance fees, taxes, special assessments, interest, and late charges. To trade for Marriott Rewards points, owners must declare their option to trade no later than December 31 of the year prior to the scheduled Use Year (year of use you are trading). This option is not available if requested after the December 31 deadline. Owners who purchased within the current Use Year should call Owner Services for more information on how this rule applies to them. Decide which Marriott Rewards account you want credited and have the account name and number ready. (Points can be applied to only one Marriott Rewards account of a deeded party member, even if multiple names are listed on the Deed.) There are fees associated with this option. Have your credit card ready to give the Owner Services Representatives for payment of processing fees. The points will become available for use in January of the year of use you traded for points. For example, to trade your 2001 week for points, you must call by December 31, 2000, to request points. Your points will be in your account in January 2001. Please contact Marriott Rewards for more information on the program or visit their website at www.marriottrewards.com. Owners who purchase directly from Marriott Vacation Club International have the opportunity to trade their weeks for points based on the Timeshare/Marriott Rewards Rules and Regulations received at closing. While all owners are not eligible to trade for points, other usage options exist. The Marriott Rewards program is subject to change or cancellation without notice. Within 24 hours of making your request on line, you will receive an acknowledgement of your Marriott Rewards trade. If you do not receive an acknowledgement, please contact Owner Services. Pat [This message has been edited by camachinist (edited 04-22-2005).] IP: Logged
jcpizz Non Member Posts: 2 From: Marriott Grande Vista/Streamside Registered: May 2005	posted 05-10-2005 12:23 Marriott i spart owners of II IP: Logged
rfb813 TUG Member Posts: 220 From: Valrico, FL, USA Registered: Jul 2003	posted 05-10-2005 13:44 No longer ------------------ SBC II, Shell Island Beach Club, Marriott Mountainside, Marriott Grand Vista, Topsider I, Freeport Resort and Club, HGVC at Las Vegas Hilton, Vistana Resort IP: Logged
Dave M Administrator TUG Member Posts: 6678 From: Boston, MA Registered: Dec 2000	posted 05-10-2005 14:06 That's correct. Marriott sold its ownership interest several years ago. II is now a wholly owned subsidiary of InterActiveCorp, which is owned by Barry Diller. IP: Logged
Go2curves TUG Member Posts: 166 From: Stockton, CA, USA Registered: Apr 2004	posted 05-11-2005 10:16 Is it possible Marriott is considering switching to an internal trading system like Starwood has? It would be nice if they did. It was a major selling point for me to trade within SVN vs. having to use II. Christy IP: Logged
ACCfan TUG Member Posts: 448 From: Registered: Jun 2003	posted 05-11-2005 11:50 quote: Originally posted by Go2curves: Is it possible Marriott is considering switching to an internal trading system like Starwood has? It would be nice if they did. It was a major selling point for me to trade within SVN vs. having to use II. Christy Sure, anything’s possible, but I doubt it. Even though Marriott no longer owns an interest in II, from what I gather they still have a very strong relationship and Marriott is quite content with outsourcing this duty to II. I really hope they stick with II as I definitely want the ability to trade to many of the other resorts II has agreements with like DVC, etc. With the 21-24 day Marriott trading preference in II, I've never had a problem trading back into another Marriott if that's what I choose to do. I also greatly enjoy the bonus weeks that II always gives me if I deposit my Marriott week. If Marriott decides to do Marriott to Marriott trades internally, then I think a lot of the flexibility and trade choices would go significantly down IMO. IP: Logged
iconnections TUG Member Posts: 506 From: sunny Southern California! - Laguna Surf, CA - MDSV-I, Palm Desert, CA - Maui Sunset, Maui, HI - Buganvilias, PV, Mexico - Grand Velas, NV, Mexico Registered: Sep 2003	posted 05-11-2005 14:33 quote: Originally posted by Go2curves: Is it possible Marriott is considering switching to an internal trading system like Starwood has? It would be nice if they did. It was a major selling point for me to trade within SVN vs. having to use II. Christy When we bought the MDSV-I in the early 90's, this was mentioned to us too but it never happened. We were already members of RCI and did not like the idea at all that we also had to be members of II too. When the salesman told us that the Marriott was planning to do internal exchanges, we were happy plus they paid for the II membership. I wonder now if he made that story up? I once posted here that I got a survey from the Marriott direct to fill out if I liked going over to the "point system". I posted that here but nobody replied if they got the same survey too. I am wondering too if they were testing the market? Emmy IP: Logged
Dave M Administrator TUG Member Posts: 6678 From: Boston, MA Registered: Dec 2000	posted 05-11-2005 20:23 emmy - For many years Marriott has called its Marriott-to-Marriott exchange preference by the term "Internal Exchange". The term is used several times on the MVCI website in referring to the program. IP: Logged
camachinist TUG Member Posts: 1565 From: Kerman, CA Registered: Feb 2004	posted 05-11-2005 20:27 Hey Dave, Does Barry really own IACI? I own some of the company and got the impression that he runs it (sometimes with an iron fist ) but that he was a paid executive. FWIW, my Marriott stock has done far better than the IACI I own. I remember having a debate on that with another TUG'er awhile back. Don't think he's here any more. I really liked the upside on MAR. Personally, I'd love it if MVCI went internal. We quit II this year and are going it alone now. Being able to do exchanges internally with MVCI would be pretty cool, IMO. Pat IP: Logged
maiwah TUG Member Posts: 33 From: New York Registered: Mar 2005	posted 05-11-2005 21:06 I can see that Marriott will eventually build their own internal exchange system, without II managing the internal exchange. If they do that, it is possible that re-sale units purchased after they announced the program will no longer be qualified for their internal exchange program, which should cost nothing to their owner. Four Seasons vacation club is doing exactly that. Unless you purchased from Four Seasons, or Four Seasons approved Real Estate agencies, you cannot do internal exchange via Four Seasons operator. However, of course, you can always do exchange via II. I do think that most likely, if it does happen, it will only affect future re-sales after Marriott set up its own internal exchange system. IP: Logged

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