Also — see if you have any photos of your Marriott timeshare resort or unit that you can use. This is a specialized market, so look for high traffic websites that specialize in selling timeshares such as BuyaTimeshare.
Ask about marketing plans and how much targeted traffic the website gets. Get any promises in writing — since many states such as Florida require resellers to provide a written contract for services. Once you put your Marriott timeshare up for sale , be proactive by providing photos and adjusting your price as needed to tap into the market for your ownership.
If you need help with this, contact the advertising company and they should be able to refer you to a company that can assist with the contract and associated elements such as securing deposits. If you have these elements in place, even better since you can enact this yourself. When everything is in place, you can engage a closing company to handle the actual processing of the transaction.
This can take from days depending on the ownership and the efficiency of the resort. Once you are notified that your timeshare is sold and closed, look for the check and start planning to spend that money! You can rent Marriott destination points from an existing owner regardless of whether you are already an owner with a Destination Club account or if you do not already have an account.
Please understand that this is different from the use of rewards points under the Bonvoy program, which is just a loyalty rewards program like in many hotel chains. Look for owners advertising to rent Marriott destination points on sites such as BuyaTimeshare. These owners would normally advertise their total allotment of points and the total price they are asking to rent those points.
For existing account holders, many owners look to bulk up their point allotments so can add points this way if they are looking to travel to a unique destination where they need additional points for a one-off vacation. The process works basically the same as any timeshare rental process. You would contact the owner advertising to rent out their Marriott destination points, make an offer and negotiate a price to pay.
The owner would contact Marriott and inquire about the use of those points for a specific usage at a given resort within the current use year. Once the availability is assured, then an agreement can be put in place and presumably a deposit paid.
The owner would then give Marriott your contact details to confirm the booking. Once the confirmation is in place, then the owner sends you the confirmation and you would provide the final payment.
Then get ready to make vacation plans. One area to keep in mind. Technically, the closest would be Sabal Palms , but visitors to all three would need to leave the complex through World Center Drive and proceed across I-4 to the Main Gate of the Disney property.
Once through the Main Gate, Epcot Center would be the first park to access, with the ability to proceed on to the Magic Kingdom, Disney Springs and other parks and locations within the Disney complex. The best way to get out of Marriott Vacation Club timeshare ownership is obviously to sell your ownership to a new buyer and make some money in the process. However, there are a few other ways you can consider that may not be as beneficial.
Marriott Vacation Club owners have the opportunity to sell by advertising their ownership - just like any other type of product.
In this case, the owner would find an outlet that they can use to promote their ownership to buyers, such as a timeshare resale website, negotiate with interested potential buyers and come to an agreement to sell. As this is considered a by-owner method of selling, you as the owner would be responsible for securing the contract and associated details, then turning the process over to a closing company to finalize the sale.
What We Like: Marriott Vacation Club owners can book any amount of nights, giving them more flexibility than a traditional fixed-week owner.
Last-minute discounts are available for higher ownership levels. MVC resorts are among the highest-rated timeshare properties, offering prime locations and accommodations that excel. Marriott owners have the ability to exchange on Interval International which is owned by Marriott. This allows owners to access properties beyond the Marriott network, although Interval has come under criticism for restricting optionality and de-valuing prime weeks.
Hard stop. Savvy shoppers can find deals on the secondary market for Marriott timeshares. And although these may come with some usage restrictions, points on the resale market are substantially less expensive. Points redemption values can also be very high.
Skilled owners know how to stretch their points and find the deals, but the maintenance fees can often cut deeply into the value proposition if not used wisely. Found an incredible resale deal? In a ROFR, the developer can decide to purchase the ownership interest at the price set by the seller.
This means that if the points are favorably priced or if the developer wants to increase inventory at a particular resort , it can simply choose to buy the points itself. Marriott Timeshares are hard to sell, so you can usually find a great deal for your Marriott vacation week.
Sellers rarely get offers, unless they have a premium week. Sellers will often accept a big discount on the list price. The closing process can be long. Escrow companies and brokers are notorious for a big pile of transactions to go through. Expect days for escrow and another 30 days for Marriott to approve your club membership. All combined, you could be looking at days before your Marriott vacation purchase is usable.
The timing can be difficult. With a three-month closing time, you can easily miss the deadlines for using your Marriott points, or using your weeks. Keep in mind to calculate when your next usage is and if you will close in time to use your Marriott weeks.
Annual fees will increase. Discounts, discounts, discounts! Resales are such a great deal that you should never purchase from a Marriott timeshare presentation. Anything pricier is typically a fixed holiday week.
During recessions, timeshares are typically cheaper, giving the prudent buyer discount pricing. Most timeshare buyers are not aware of Marriott vacation timeshare resales, let alone where to purchase them. We offer full customer service and Marriott timeshare collection for those looking to purchase. Contact us if you have questions regarding Marriott Timeshare resales. Email us for the latest Marriott listings and great prices at [email protected].
Here are my ratings of the following timeshare resale sites where you can put places up for sale:. Great inventory for Marriott and a verified process gives you the ability to buy with confidence. Redweek is highly recommended for its integrity and ease of use. The pricing is too high, and many listings are inactive.
I find this a red flag for a timeshare business. However, if you want to get a sense of the Marriott sale and rent market, you can view this site for additional research. There are not many listings in their directory, but it provides a great membership base to help you learn about the resale marketplace and make educated decisions around your purchase. At the same time, according to this realtor, Marriott increased its repurchase of Club points on the secondary market by exercising its ROFR on proposed purchases.
In the current market, he added, Marriott intercepts about 30 percent of the proposed purchases of legacy weeks, but up to 80 percent of the proposed purchases of Club points. Bottom line: the prices are much lower on the resale market, but buyers do face the strong prospect of losing the deal, at the last minute, as Marriott matches the offer price and puts the low-cost points back into the MVC retail inventory.
Legacy weeks are widely available, don't have all the transfer fees associated with points. If you like a specific Marriott resort, and intend to use the same week annually, you should strongly consider finding a legacy week.
We own a legacy week at the Maui Ocean Club. The points have created a situation in which we can't get weeks at our resort when we can travel with the kids in summer or on break. They compared it to an upgrade on a phone.
I currently own 26, Marriott Vacation Club destination points. My wife and I are interested in selling the points bur have found no way to effectively get this done. I was under the impression that MVC would buy the points back that would include a hefty brokerage fee that I would be willing to pay. But as I found out this is not the case. Do you have any advice? The potential tax value from structuring the deal properly is worth more than the sale price.
I don't want to ask you about your use history, cost basis, tax bracket and unrealized gains you might have in other investments in a public forum, but I don't see a way to do a private message here.
You can reach me at jduncanwilliams gmail. I would be happy to help you quantify the value of a couple of strategies that might take some of the sting out of your loss. If you are already a destination club points member when you buy a resale legacy week does that get around where they won't let you convert it?
We have owned a legacy Oceanfront condo for 10 years and love it. We do not like the point system they aggressively try to sell us. All you have to do is compare the percentage increase in dues to increase in Destination point dues.
If you own the property outright, the dues increase is much less. On the points, guess who profits from the faster rate of increase in dues?
Destination Points are full of rules, dates, availability issues If you own the legacy week outright, you don't deal with any of those issues. You know when you are booked, and which condo you get.
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