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Author	Topic: Trading power of Orlando
newbie2timeshares Non Member Posts: 15 From: Aurora, Ohio USA Registered: Apr 2005	posted 04-08-2005 05:23 I rescinded from a deal with Grande Vista yesterday and will be buying resale now. Since my family likes Orlando, we're still considering buying there, but intend to exchange it 2 out of every 3 years. How well does Orlando trade? What are the best weeks that we should reserve to trade? Would a 3-bedroom increase its value(...perhaps to trade down to a 2-bedroom in places like Aruba, Colorado or Hawaii)? [This message has been edited by newbie2timeshares (edited 04-08-2005).] IP: Logged
pwrshift TUG Member Posts: 2808 From: Toronto Registered: Dec 2000	posted 04-08-2005 06:14 There are so many resorts in Orlando that, if there is such a thing as trading power you might find Orlando at the bottom of the heap. While Orlando is a great location while your kids are little, you might not want it after they leave the nest. My suggestion is that you go for a beach location lockoff - such as Ocean Pointe or Beach Place which are a little further south but average much better winters than Orlando...and probably higher maintenance fees as well. I just like waking up to the sunrise on the ocean while everyone else back home are digging out their cars from snow and ice! Brian ------------------ Those who dream most, do most. IP: Logged
ArBravesFan TUG Member Posts: 80 From: Branson, MO, Palm Beach, FL Registered: Jun 2004	posted 04-08-2005 06:49 [QUOTE]Originally posted by pwrshift: [B]There are so many resorts in Orlando that, if there is such a thing as trading power you might find Orlando at the bottom of the heap. While Orlando is a great location while your kids are little, you might not want it after they leave the nest. My suggestion is that you go for a beach location lockoff - such as Ocean Pointe or Beach Place ... I agree. I think you did the wise thing rescinding the developer purchase. The purchase of Grand Vista on resale is one you will be happy with. Grand Vista is new and pretty and is has the lock-off feature (which is very important). However, there are much better options in the Marriott family. I would strongly advocate not buying in Orlando. There are just too many TS's in Orlando. You can trade there just about anytime you want to go. Wonder why? Because there is a glut of them. One of the strongest traders in Marriott is Ocean Point. It is the only Marriott in Florida directly on the beach (Beachplace Towers is close to but not on the beach and the MFee for Beachplace is much higher than Ocean Point). I have seen lists that show Ocean Point as high as the #4 trader in the Marriott system (behind Hawaii and Aruba). And, as I mentioned in an earlier thread, with an Orlando Marriott you cna never trade into Disney Vacation Club. We traded our Ocean Point studio into Disney Boardwalk 1-bedroom this fall. Different strokes for different folks but we own Ocean Point and feel that we were lucky/smart to have chosen to buy there. IP: Logged
pd931 TUG Member Posts: 24 From: From Oak Forest, Illinois & Own at Casa Del Mar, Aruba Registered: Jun 2004	posted 04-08-2005 07:15 In your opinion what is a good resale price for a Marriott is Ocean Point. IP: Logged
sethnock TUG Member Posts: 640 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002	posted 04-08-2005 08:32 Based on my buyers' experiences, Grand Vista Platinum and Cypress Harbour Special and Summer trade well. There are many resorts in Orlando, but only 5 Marriotts (+ 1 Horizons) in Orlando. Most Marriott Owners would prefer to trade into a Marriott. ------------------ Seth My Website IP: Logged
sethnock TUG Member Posts: 640 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002	posted 04-08-2005 08:33 quote: Originally posted by pd931: In your opinion what is a good resale price for a Marriott is Ocean Point. Ocean Pointe is expensive on resale (compared to other Marriotts -almost twice the price of the Grand Vista). Buy it if you plan to use it, not strictly for trading. ------------------ Seth My Website [This message has been edited by sethnock (edited 04-08-2005).] IP: Logged
newbie2timeshares Non Member Posts: 15 From: Aurora, Ohio USA Registered: Apr 2005	posted 04-08-2005 12:48 quote: -------------------------------------------------------------------------------- I have seen lists that show Ocean Point as high as the #4 trader in the Marriott system (behind Hawaii and Aruba). -------------------------------------------------------------------------------- Just curious ArBravesFan, what was the last of the four top traders? Ocean Point was recommended to us by someone else, but it�s just so expensive, especially since we want the Platinum time period. I suppose I want my cake and eat it to because we don�t want to spend a lot of money, but we want to trade as well. [This message has been edited by newbie2timeshares (edited 04-08-2005).] IP: Logged
Stefa TUG Member Posts: 20 From: Registered: Mar 2005	posted 04-08-2005 13:30 quote: Originally posted by newbie2timeshares: quote: Two of the top three are in Hawaii. (Maui and Kauai) I've got to believe Ko'Olina will be in the top four soon if it isn't already. Newbie, while it's okay to want to have your cake and eat it too, you also need to be realistic. If it was easy to buy Orlando (or another "cheap" TS) and then trade into Maui, no one would pay the big $$$ for Maui. Everyone wants to trade into a nicer place than they paid for. Have you checked the price of EOYs in Aruba? Maybe that's the way for you to go. Stefa IP: Logged
Elden12 TUG Member Posts: 12 From: Ankeny, IA, USA Own Marriot Grande Ocean, Marriott Barony Beach, Marriott Maui Ocean Club, and Marriott Surf Watch Registered: Oct 2004	posted 04-08-2005 14:12 It is easy to exchange into Orlando because of the number of units in the Orlando market. The Marriotts with a beach location or a skiing season will have more trading power. Another factor is that I have been able to rent weeks whereas my sister in-law hasn't. I have rented beach locations successfully and she was trying to rent Cypress Harbor in Orlando. I would agree with the folks that recommend buying your first timeshare in a location that you want to travel to. Orlando would be an exception to that rule. That said you should do whatever satisfies your family's vacation needs. Many people have been able to successfully trade their Orlando weeks for nice vacations elsewhere. There is no cut and dried answer because every family is different. If you read TUG you will notice that there are differences of opinions on many topics. I can tell you this. We love our Marriott timeshares! Good Luck! IP: Logged
newbie2timeshares Non Member Posts: 15 From: Aurora, Ohio USA Registered: Apr 2005	posted 04-08-2005 16:48 I was hoping that my idea of buying a 3-bedroom and trading it for a 2-bedroom would make up for the fact that Orlando doesn't have as much trading power. Is that realistic or unrealistic logic in the timeshare world? IP: Logged
bhood TUG Member Posts: 551 From: Florida Registered: Jan 2001	posted 04-08-2005 17:27 Newbie, I would purchase a 2 bd Ocean Pointe (OP) and split it for trading purposes. You can probably use the studio portion to trade back into Orlando. I have a hunch (could be wrong), that you really like Grande Vista. I am not sure if it is the excitement of touring the rsort, or if you really feel that this is a resort that you and your family will enjoy for many years. I know a lot of people have recommended against purchasing in Orlando, but if your heart is really there, this will bug you until your purchase. I agree with the other posters in that I would not purchasse it soley for trading. Spend some time here on TUG reading for a few month. I know it seeems like a long time, but it will pass quickly. If you still have Grande Vista in your heart, then maybe you can purchase a resale unit. We own a mixture of weeks. Some that we use every year, but in places others would probably never dream of purchasing. It is a matter of individual taste. The other half we use and trade depending on our vacations choices. The one thing that I have observed about money, is that the money that you spend on a timeshare today whether from the developer or resale will be irrelevant in a few years, but you will have a timeshare that will give you and your family many years of happy memories. I know some will disagree and say that you can invest the money, and earn whatever type of interest. Yes, I do believe strongly in saving and investing, but don't sweat the small stuff if you can afford it. Good luck with your decision. Brenda IP: Logged
Elden12 TUG Member Posts: 12 From: Ankeny, IA, USA Own Marriot Grande Ocean, Marriott Barony Beach, Marriott Maui Ocean Club, and Marriott Surf Watch Registered: Oct 2004	posted 04-08-2005 17:34 Interval International has their own very "secret" logic on determining the power of each resort's weeks for exchanges. I hate to use a cliche,but..... Location, location, location, means the most in real estate. Trading works best for people who plan far in advance and/or are flexible on where they want to go. You may not always get what you want when you trade. If you do a Request versus a Deposit you can always use your week versus trading it if you cannot get the trade you want. That is why most people recommend that your first timeshare should be located at a destination that you love to travel to. IP: Logged
rrrcpa TUG Member Posts: 1 From: Pittsburgh, PA Registered: May 2002	posted 04-08-2005 17:35 We bought at GV several years ago. In the past 3 or 4 years since our purchase we have traded our 2 bedroom lockoff unit for the following: 1. In the first year a (2) bedroom unit in Aruba (lockoff). 2. Next two years we received (3) one bedroom and(1)two bedroom units in Kauai Beach Club. 3. The next year a two bedroom unit at Grand Ocean in Hilton Head and a two bedroom unit at GV. 4. The following year we received (2) two bedroom units at Cypress Harbor (we had a conference in Orlando). 5. This year points. Now we have always booked very good trading weeks which obviously helps immensely ,but we have always received the units and the weeks we have requested. IP: Logged
jgoldmanmd TUG Member Posts: 119 From: Lafayette, CA , Hyatt High Sierra Lodge, Grand Pacific Palisades Registered: Mar 2004	posted 04-08-2005 18:29 rrrcpa,Your trade history is inspiring! What weeks have you found to be the strongest Orlando traders, and have you had any difficulty in reserving them? Thanks. IP: Logged
DannyMc TUG Member Posts: 396 From: Jamestown, NC, USA Own: Marriott's Royal Palms, Orlando; Marriott's Grande Ocean, Hilton Head; Marriott's Barony Beach, Hilton Head Registered: Jun 2002	posted 04-08-2005 19:02 I own a 2BR at Royal Palms in the White season (late spring & early fall). I bought it in 1989 and have stayed there only once. I can trade it for points each year so I have done that many times and have gone to the following Marriott resort hotels (with the travel packages) - Bermuda, Maui, St. Thomas, Puerto Rico, and Marco Island. I have also always been able to get what I wanted with trades. Over the last few years, I have traded to Aruba Ocean Club (2BR) first week of May (30th anniversary), Marbella Beach (3BR)in Gold Holiday season, and this year to Harbour Point during July 4th week. With some flexibility and the Marriott priority in II, I feel the Orlando resorts will get you the trades you want. IP: Logged
newbie2timeshares Non Member Posts: 15 From: Aurora, Ohio USA Registered: Apr 2005	posted 04-08-2005 19:36 Yes, my family and I like both Orlando and Grande Vista, that's why I've been so anxious to find out as much info about it as possible. I certainly don't want to "force" it to work of course, but am encouraged by some of the recent posts. (I've sent out an email to people from TUG's review site of the G.V. as well and have heard back with good results from a couple owners as well.) It doesn't seem to make sense that everyone who doesn't own in Orlando can get there so easily, yet those who do own seem to get other places they want as well. But I guess that's the mystery of exchanges. There isn't always a logic to it. Maybe I shouldn't try to figure it ALL out. It's making my brain ache! IP: Logged
ACCfan TUG Member Posts: 347 From: Registered: Jun 2003	posted 04-08-2005 20:31 quote: Originally posted by newbie2timeshares: I was hoping that my idea of buying a 3-bedroom and trading it for a 2-bedroom would make up for the fact that Orlando doesn't have as much trading power. Is that realistic or unrealistic logic in the timeshare world? I do think that is realistic logic. IP: Logged
pwrshift TUG Member Posts: 2808 From: Toronto Registered: Dec 2000	posted 04-09-2005 05:32 Don't put too much stock in the 'trading power' phrase. Every salesman in Marriott is taught to use it as a sales tool, but off the record they'll tell you there isn't such a thing, other than the 24 Marriott-to-Marriott window exclusivity and that some resorts get II bonus certificates (which you have to pay to use). Tuggers have shown right here that their non-Marriotts often show more resort selections than their Marriotts on II. When I can get a summer Barony 2 bdrm as I did last year with a Manor Club studio on trade, where's the trading power they all talk about? Buy where you would be happy to use 3 out of 4 times now, and in the future. Study you holiday needs as they are today and will be tomorrow before buying anywhere...and always be mindful of the advantages of buying direct for points and eventual resale back to Marriott. BTW - it takes 47 less steps to be on the beach at BeachPlace Towers than it does at Ocean Pointe. Brian ------------------ Those who dream most, do most. IP: Logged
Heather TUG Member Posts: 521 From: Canada Registered: Dec 2000	posted 04-09-2005 07:18 [QUOTE]Originally posted by pwrshift: [B]Don't put too much stock in the 'trading power' phrase. Every salesman in Marriott is taught to use it as a sales tool, but off the record they'll tell you there isn't such a thing, other than the 24 Marriott-to-Marriott window exclusivity and that some resorts get II bonus certificates (which you have to pay to use). Tuggers have shown right here that their non-Marriotts often show more resort selections than their Marriotts on II. When I can get a summer Barony 2 bdrm as I did last year with a Manor Club studio on trade, where's the trading power they all talk about? Buy where you would be happy to use 3 out of 4 times now, and in the future. Study you holiday needs as they are today and will be tomorrow before buying anywhere...and always be mindful of the advantages of buying direct for points and eventual resale back to Marriott. ______________________________________________ You are correct that trading power is a non-issue within the 60 day flextime, but I'd have to disagree if you are referring to trading to peak properties in peak seasons outside flextime. Trading power is important in II to be able to go where you want to go when you want to go there--but you can make sure to select a strong week within your season and then you should have all the trading power you need. To get a summer Barony with a Manor Club studio, it's got to be in the 60 day flextime period. I suspect you would not be successful outside this timeframe, and then trading power is an issue. I do agree that if you have a place you'd like to go back to--great idea to buy there if it's within your budget! IMHO, it's often said here, but isn't true in reality, that Orlando Marriotts don't trade well because of oversupply. I suspect it may be true with RCI that Orlando doesn't trade well, but II is a very different animal. Don't let the naysayers turn you off Orlando as far as trading power goes. A resale Grande Vista would be a great purchase to use and trade. I own Cypress Harbour and I can tell you that both Grande Vista and Cypress Harbour have very very high quality scores within II. Quality survey scores are a significant component of trade power. If you secure a week when the kids are typically out of school, even though there's a lot of supply, in the end demand will still be greater than supply in these peak seasons, and II rewards accordingly with great trade power!! [This message has been edited by Heather (edited 04-09-2005).] IP: Logged
sethnock TUG Member Posts: 640 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002	posted 04-09-2005 07:44 quote: Originally posted by ArBravesFan: I have seen lists that show Ocean Point as high as the #4 trader in the Marriott system (behind Hawaii and Aruba). Where did you get this info from? Based On my contacts, I don't believe this to be true. ------------------ Seth My Website IP: Logged
seema TUG Member Posts: 254 From: Registered: Jan 2001	posted 04-09-2005 09:11 What are the top 5 timeshare resorts in the Marriott system, in terms of trading power? I own a Platinum Plus Easter weekend at the Aruba Surf Club - I am hoping that it has a high trading power IP: Logged
ACCfan TUG Member Posts: 347 From: Registered: Jun 2003	posted 04-09-2005 09:45 quote: Originally posted by seema: What are the top 5 timeshare resorts in the Marriott system, in terms of trading power? I own a Platinum Plus Easter weekend at the Aruba Surf Club - I am hoping that it has a high trading power I believe that yes you would have excellent trade power. I'm of the opinion that people look too much at what the top resorts are overall for trading power and they tend to overlook the equally important question of the top seasons for trade power. While one can probably truthfully say that Aruba and Hawaii are probably overall at or near the top as far as trade power, the ski resorts during ski season and Hilton Head during summer I believe are probably also in this upper tier if not at the top. The reason the ski resorts or Hilton Head don't get mentioned as much is because their bronze, silver and sometimes even gold seasons don't really compare nearly as well. I think even probably an Orlando Easter, New Years, X-mas or 4th of July week would probably also elevate even Orlando resorts into the upper tier, and it's easier to actually book one of these weeks if you own an Orlando resort. IP: Logged
ACCfan TUG Member Posts: 347 From: Registered: Jun 2003	posted 04-09-2005 09:48 quote: Originally posted by sethnock: Where did you get this info from? Based On my contacts, I don't believe this to be true. Seth, you probably have as much if not more experience than anyone on this BBS. I'd be interested to hear what you think are the top resorts/seasons as far as trade power goes in the Marriott system? IP: Logged
sethnock TUG Member Posts: 640 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002	posted 04-09-2005 11:18 quote: Originally posted by seema: What are the top 5 timeshare resorts in the Marriott system, in terms of trading power? I own a Platinum Plus Easter weekend at the Aruba Surf Club - I am hoping that it has a high trading power Your week will have incredible trade power. ------------------ Seth My Website IP: Logged
sethnock TUG Member Posts: 640 From: New York, NY Own: HGVC Las Vegas,Orlando & Flamingo, Hyatt, Marriott Desert Springs, Marriott Summit Watch, Manhattan Club Registered: Jun 2002	posted 04-09-2005 11:21 quote: Originally posted by ACCfan: Seth, you probably have as much if not more experience than anyone on this BBS. I'd be interested to hear what you think are the top resorts/seasons as far as trade power goes in the Marriott system? Email me privately or call me (212)677-7636. I cannot list it on the BBS. ------------------ Seth My Website [This message has been edited by sethnock (edited 04-09-2005).] IP: Logged

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