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Price on a 1BR Sheraton Broadway Plantation Unit?

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  • Price on a 1BR Sheraton Broadway Plantation Unit?

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    I've got a line on a premium 1BR unit the Sheraton Broadway Plantation. It's a floating platinum season unit. Nothing has been booked yet for 2007. Anyone know what a good price would be to buy (resale of course)? I've got some 2BR ebay prices but no 1BR ones. Is it better to hold out for the 2BR as opposed to 1BR? I'm looking at primarily using it as a trading unit with II. Mind you, a summer unit could be popular and direct traded or rented, I think. Is there enough demand for 1BRs vs. the 2BRs?

    We wouldn't be able to use the 2007 week so would have to book something and bank it. Given the fact that it's already Sept and by the time it transfers, it would be mid-Oct, I'm not sure what would be worthwhile. I could get the current owner to book something so that it is ready to be banked but who knows what the trade power would be. Is this a situation where getting a pre-banked week that Sheraton has already deposited would work?

  • #2
    The maintenance fee is considerably less for the one bdrm than the two bdrm, so you wouldn't be overpaying in fees. Also, there are different 1 bdrm units. The larger one with the balcony is nice.

    I would ask the current owner to secure a week, if I were you. Sheraton can give them a banked week, and you would know what you had, before buying. May through mid-August would be your best weeks. You wouldn't want a fall week, they do not have strong trading power. The exception would probably be Thanksgiving.

    The prices have gone up in the past year, or so. I have an idea, but I'm not positive what would be a great deal. Have you checked ebay for sold units?

    Good luck!!!
    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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    • #3
      Originally posted by ArtsieAng
      The maintenance fee is considerably less for the one bdrm than the two bdrm, so you wouldn't be overpaying in fees. Also, there are different 1 bdrm units. The larger one with the balcony is nice.
      I believe it is the larger 1BR (since he owns a premium unit). I had the owner call SVO to confirm and the MF on is 498.21. He also mentions that there is a $99 membership fee. I'm assuming this is the SVN fee since the current owner bought directly from Starwood.

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      • #4
        Originally posted by djyamyam
        I believe it is the larger 1BR (since he owns a premium unit). I had the owner call SVO to confirm and the MF on is 498.21. He also mentions that there is a $99 membership fee. I'm assuming this is the SVN fee since the current owner bought directly from Starwood.
        As a resale owner, you will NOT be entitled to use the SVN, so you will not be charged the $99.00

        I didn't read this until after I read your PM. Good luck, whatever you decide.
        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.

        Comment

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