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Salesman, Believe or not to believe

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  • Salesman, Believe or not to believe

    FINALLY I am ready to JUMP into the TS life style 3-4 years of looking contemplating saving $$ ect.

    I am convinced of buying the Marriott product and have found 2 platinum weeks 43 & 44 for $34,000@ NCV. So I am ready to pull the trigger and I figure I would call to see if the resort itsself has any unbeliviable deals. Wouldnt you know it, the salesman tells me why I should not purchase a resale.

    1) That marriott is planning on changing the rules and if a Marriott owner has bought a resale and not from them that they would NOT BE ABLE TO RESERVE MORE THAN 6 MONTHS IN ADVANCED. I would pissed if I were the seller and this was not true!!!

    2) If the purchase price was any less than $25,000 that Marriott would excercise its ROFR. The price from them is $33,500.

    Those are deal breakers in them selves. If we do own a Marriott time share we need to have the ability of getting rid of them if circumstances require that to be the case. If Marriott allows the 6 month reservation restriction to happen no one will buy a resale.!!

    3) If Marriott was to change the pollicy would existing resale owners be grandfathered in?

    4) Is there any benefiet to owning 3 weeks rather than 2?

    5) Is a 2 week 2bdr lockout better to purchase in the Palm Springs area better than a 2 week 2bdr non lockout in the NCV?

    I know that is a bunch of ?s but I am so excited in TS owning but cautious to make any mistakes.

    Please help a newbee TS prospect. I was ready but this salesman made me hessitate

  • #2
    Don't sweat ROFR

    Originally posted by davis6
    FINALLY I am ready to JUMP into the TS life style 3-4 years of looking contemplating saving $$ ect.

    I am convinced of buying the Marriott product and have found 2 platinum weeks 43 & 44 for $34,000@ NCV. So I am ready to pull the trigger and I figure I would call to see if the resort itsself has any unbeliviable deals. Wouldnt you know it, the salesman tells me why I should not purchase a resale.

    1) That marriott is planning on changing the rules and if a Marriott owner has bought a resale and not from them that they would NOT BE ABLE TO RESERVE MORE THAN 6 MONTHS IN ADVANCED. I would pissed if I were the seller and this was not true!!!

    2) If the purchase price was any less than $25,000 that Marriott would excercise its ROFR. The price from them is $33,500.
    FUD and unknown. So what if they ROFR it? Just go for another one - plenty out there. DO NOT get suckered into raising your price or you will pay too much.

    Originally posted by davis6
    Those are deal breakers in them selves. If we do own a Marriott time share we need to have the ability of getting rid of them if circumstances require that to be the case. If Marriott allows the 6 month reservation restriction to happen no one will buy a resale.!!

    3) If Marriott was to change the pollicy would existing resale owners be grandfathered in?
    Unknown but unlikely. Don't buy (or NOT buy) based on rumors. Go with the written contract you buy - no limitations in those & even Marriott is unlikely to try to alter that as they would be sued.

    Originally posted by davis6
    4) Is there any benefiet to owning 3 weeks rather than 2?

    5) Is a 2 week 2bdr lockout better to purchase in the Palm Springs area better than a 2 week 2bdr non lockout in the NCV?

    I know that is a bunch of ?s but I am so excited in TS owning but cautious to make any mistakes.

    Please help a newbee TS prospect. I was ready but this salesman made me hessitate
    Salesweasel = Lies. Do not base anything you do in timesharing going forward on anything a sales weasel says. Do you homework, buy resale & enjoy.

    Comment


    • #3
      Originally posted by davis6
      5) Is a 2 week 2bdr lockout better to purchase in the Palm Springs area better than a 2 week 2bdr non lockout in the NCV?

      I know that is a bunch of ?s but I am so excited in TS owning but cautious to make any mistakes.

      Please help a newbee TS prospect. I was ready but this salesman made me hessitate
      If you purchase a 2 bdrm lock-off, you can split it, and get 2 weeks vacation for the one week of maintenance fees. You'd get a 1 bdrm, and a studio. You can also possibly upgrade your studio & one bdrm by requesting resorts that only offer 2 + bdrms, or by searching on line. Whatever you see during an on line search, you can grab.

      However, it is important to take into consideration the supply/demand for each area, as well as the timeshare itself. I would do my homework on this front.

      If it were me, I'd buy where I'd be happy vacationing, if I couldn't get the exchange that I wanted.
      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


      • #4
        Originally posted by ArtsieAng View Post
        If you purchase a 2 bdrm, you can split it, and get 2 weeks vacation for the one week of maintenance fees. You'd get a 1 bdrm, and a studio. You can also possibly upgrade your studio & one bdrm by requesting resorts that only offer 2 + bdrms, or by searching on line. Whatever you see during an on line search, you can grab.

        However, it is important to take into consideration the supply/demand for each area, as well as the timeshare itself. I would do my homework on this front.

        If it were me, I'd buy where I'd be happy vacationing, if I couldn't get the exchange that I wanted.
        So if I purchase a 2bdrm non lockout I would still be able to trade it for 2 weeks?

        Comment


        • #5
          Originally posted by davis6
          So if I purchase a 2bdrm non lockout I would still be able to trade it for 2 weeks?

          No.....Your two bdrm non-lockoff can only be traded for one week of timeshare usage, because it can not be locked off into two different units. It would however have more trading power than a studio, or 1 bdrm. Also, NCV summer months are in extremely high demand.

          With a lock-out, you can put in a request for a two bdrm with a 1 bdrm, or studio, if the timeshare that you're requesting doesn't have anything less than 2 + bdrms. Of course, your request would be behind the people who used a two bdrm for their request. Also, different timeshares have different trading powder based on supply and demand. (Palm Desert has less demand, and more supply than NCV, IMHO.)

          For instance, if you tried to use a Marriott 1 bdrm Palm Desert, to exchange into NCV during the summer months, it would most likely never happen. If you could travel Sept - May, you'd have a very good chance of getting it.

          During the flexchange period, (59 days prior to check-in) your 1 bdrm would work as well as your two bdrm, in most cases.
          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


          • #6
            Let's see....... Subject-- Timeshares
            Sub Subject...... Salesman........
            Sounds like trouble and maybe some lies thrown in.

            Use CAUTION !

            Comment


            • #7
              Hi Davis - Welcome to TS4Ns.....

              I am going to answer you in RED

              FINALLY I am ready to JUMP into the TS life style 3-4 years of looking contemplating saving $$ etc.

              I am convinced of buying the Marriott product and have found 2 platinum weeks 43 & 44 for $34,000@ NCV.
              GREAT price! - even though the deed says week 43 and 44 - these are Platinum floating weeks.
              So I am ready to pull the trigger and I figure I would call to see if the resort itself has any unbelievable deals. Wouldn't you know it, the salesman
              (who wants you to buy direct from him, correct???) tells me why I should not purchase a resale.

              1) That Marriott is planning on changing the rules and if a Marriott owner has bought a resale and not from them that they would NOT BE ABLE TO RESERVE MORE THAN 6 MONTHS IN ADVANCED. I would pissed if I were the seller and this was not true!!!
              There are a LOT of rumors floating around but the likelihood would be that people who have purchased BEFORE the new rules go into effect will be grandfathered in - so now is actually a GOOD time to buy resale!

              2) If the purchase price was any less than $25,000 that Marriott would exercise its ROFR. The price from them is $33,500.
              There has been a lot reported on the internet about ROFR prices - if Marriott is selling for $33,500, 17-18K might just be the price they would buy these weeks back at...it will be a gamble for you to try....but you don't know if u don't try.

              Those are deal breakers in them selves. If we do own a Marriott time share we need to have the ability of getting rid of them if circumstances require that to be the case. If Marriott allows the 6 month reservation restriction to happen no one will buy a resale.!!
              People will ALWAYS buy resale because it is so much cheaper then direct - but you are correct, it could 'dilute' the ownership.

              3) If Marriott was to change the policy would existing resale owners be grandfathered in? JMHO but yes, there will be a grandfather clause - there are LOTS of resale owners.

              4) Is there any benefit to owning 3 weeks rather than 2?
              There is always an advantage to owning more weeks or else weeks that lock-off...because you can use the 13 month reservation advantage which u seem to be aware of.

              5) Is a 2 week 2BR lockout better to purchase in the Palm Springs area better than a 2 week 2BR non lockout in the NCV?
              They both have advantages - for me, I prefer a unit that has a lock-off - so 2 weeks of TS = 4 weeks of vacation using the lock-off feature - my DH and I spend 2 weeks per year in Aruba by locking off and reserving 2 consecutive weeks.
              The other advantage of buying Desert Springs ONE is that there is NO ROFR...so you should be able to get a Plat week for much less then the Newport prices.


              I know that is a bunch of ?s but I am so excited in TS owning but cautious to make any mistakes.

              Please help a newbie TS prospect. I was ready but this salesman made me hesitate

              You have asked a lot of good questions - but I think NOW is the time to buy a Marriott resale before the changes are implemented in 2009.
              Pat
              *** My Website ***

              Comment


              • #8
                Very nice Very nice!!!

                There are 3 locations in the desert which of the three is more toward the family type of trip?

                My last ? is...what are the amount of the MF and taxs ect. in the desert.

                By the way you guys are great!!

                Comment


                • #9
                  Originally posted by davis6 View Post
                  Very nice Very nice!!!

                  There are 3 locations in the desert which of the three is more toward the family type of trip?

                  My last ? is...what are the amount of the MF and taxes etc. in the desert.

                  By the way you guys are great!!
                  Thank you - as I suggested Marriott Dessert Springs ONE - not Desert Springs II or Shadow Ridge - has No ROFR....so focus on that property.
                  You also get free daily use at the wonderful spa and use of the hotel pools with DS ONE only.
                  Because this is a lock-off - you can have a 1BR, a studio and probably a 'bonus week' or accommodation certificate to use/trade with II - so 3 weeks for one.
                  With Newport Coast - if you reserve a 'prime week' - July/August - you will get an "AC" from II, too.
                  problem with Newport Coast is that the Plat season goes from the end of June thru Christmas...so there is a LOT of competition for those summer weeks.
                  I do not know offhand what the MFs are but most Marriott's are high $700's to over $1,100.
                  Pat
                  *** My Website ***

                  Comment


                  • #10
                    Good questions- and congrats on obviously doing your homework. There has been a lot of discussion about those Marriott rumors as of late, and all evidence by those who have contacted the Marriott heirachy is that it is unlikely to come into play and, if it did, current resale owners would be grandfathered. Personally, I don't think they'll make the changes in the reservations system bandied about, because I think it would negatively impact all owners because of diminished resale values. That said, I think now is a good time to buy (just my opinion, of course).

                    As for which resort- a few considerations:
                    -is either closer (can you drive to one and not the other)?
                    -which area do you like better?
                    -you are discussing the lock-off option, which may or may not be important to you. What is your family situation/travel lifestyle? If you have young kids, for example, a 2 BR may be the way you'll be travelling for many years to come, so being able to split the week into a 1 BR and a studio may not be too important. On the other hands, if you don't have kids at home and/or like to frequently travel just as a couple, the ability to split a unit and have 2 weeks instead of one may be a more important consideration.

                    The only other addition I'd like to make to Angela's comments is that, while of course she's correct in saying that you can't trade 1 2BR at NCV for 2 weeks, if you reserve a prime week at NCV and then deposit it into II, you will likely get an AC, which is good for a low cost purchase (199-299 depending upon the size) generally of off-season weeks, except it will pull most things during the Flexchange period. So, you might get another week's vacation out of that single deposit that way.

                    HTH

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