Could any of you think of an instance where purchasing timeshare from a developer actually ends up being more beneficial than buying timeshare through a third party broker or resale source?
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Is there EVER a time to purchase from a developer?
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A Brand New Marriott
If you want to buy in a new high end resort, such as a Marriott, and you don't want to wait for resales to be available, and Marriott is offering a ton of Rewards Points as an incentive...then it may make some sense to buy directly from Marriott.
This has worked out well for some, and it does give you the ability to trade your week for points in the future...which you don't have if you buy a resale Marriott week.
Marriott also tends to raise the prices frequently and dramatically during build out. If you buy pre-construction from Marriott, right when the resort first comes on the market, you may find that you can sell your week in a few years for as much as you paid for it from the developer. This is NOT common with timeshares...but it has been the case with a few of the most popular Marriott resorts such as Grande Ocean.
Out of the 14 timeshare weeks I have purchased...including 6 Marriotts...none of them have been from the developer. So I'm not advocating developer purchases, but I think it can work out okay in a few instances.
Steve
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St. Kitts
I read recently about some new Marriott resorts which may let you get in at pre-construction prices. You may like to read some of the links here with the comments from experienced Marriott timeshare members.
There is so much to learn and what they all tell you is to educate yourself first and don't be too hasty.
I have learned so much from these forums here but a little bit too late for us but not for you!
PS.
One more link here.
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I suppose you could get a pretty good deal either early or late in the sales life of a resort, but unless you are willing to pay more for that special location (if it is fixed), you will undoubtedly be able to buy it cheaper of the resale market. On a unit I once owned (bought resale) I thought it would be next to impossible to buy that same unit for a consecutive week on the resale market. I found that I not only could buy the week before it, but the two weeks after it over a period of 2-3 years looking.
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I have purchased directly from Marriott twice. I would only do it again if:
1. I was buying a fixed holiday week. They are harder to come by resale, and renting is very expensive.
2. I was getting in on pre-construction prices.
3. I was getting lots of points.
4. I wanted to be guaranteed this location at a certain time each year.
5. I had a lot of money, and didn't care to wait for a resale.
The option of taking points instead of using your week can come in handy when you travel to places like Europe where timeshares are harder to get. Also, if you are only two people traveling, and or, you want to stay a few days in different locations.Angela
If you change the way you look at things, the things you look at change.
BTW, I'm still keeping track of how many times you annoy me.
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Buying resale has many advantages besides a lower initial price. Unlike buying from the developer when the resort is new, you get an idea of how well the resort is being managed, the demand for the resort, the viablity of renting and the trade value. So not only do you get a market value price, but a better idea of the intrinsic value.
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My two cents.
You know what, I think there are a few serious times to purchase from a developer and I think you guys covered it quite well.
1 Cent) With Marriott, it's important to get in on the absolute ground level. We just had a 2,000 dollar price increase on the Oceanview floating weeks we're building in Lahaina as an expansion to the Maui Ocean Club. And look at the Aruba resort owners...
2 Cents) Points system is huge if you will still travel to Marriott hotels. It's very easy to accumlate points when you go through the right venues with the developer.
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