I am in contract to purchase a week at Marriot Manor Club Sequel (hasn't yet passed ROFR). The seller has reserved the week of 7/22-7/29 at the resort. As soon as we pass ROFR, we want to ask the seller to deposit the 2006 week, but I am uncertain what kind of trade value a late deposit like this will have in II. I am considering depositing it in SFX, because my understanding is that late deposits trade better with SFX and we will still get the bonus week as long as we deposit before 4/30. We would like to try for summer 2007 in Hawaii. Marriott experts: what would you do in this situation? II or SFX?
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II or SFX for late deposit?
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Originally posted by arlene22I am in contract to purchase a week at Marriot Manor Club Sequel (hasn't yet passed ROFR). The seller has reserved the week of 7/22-7/29 at the resort. As soon as we pass ROFR, we want to ask the seller to deposit the 2006 week, but I am uncertain what kind of trade value a late deposit like this will have in II. I am considering depositing it in SFX, because my understanding is that late deposits trade better with SFX and we will still get the bonus week as long as we deposit before 4/30. We would like to try for summer 2007 in Hawaii. Marriott experts: what would you do in this situation? II or SFX?
II reallly downgrades your trade power with late deposits....SFX seems to not be as concerned with VERY early deposits...my feeling is that people deposit with them 6 months - 9 months out.
They also seem to have good connections with Hawaii resorts as they are based in San Fran.....
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I got back-to-back Hawaii weeks for this summer through SFX. Mark will be straight with you about the timing of your deposit.
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update
OK, the good news is, we passed ROFR for our MSE week . The bad news is, since my existing II account is for a Starwood timeshare, I will need a separate II account for this one. I was hoping I could set it up now and be ready to deposit right at close, but II says it will take 2-3 weeks to set it up, and I cannot begin to set it up until we are completely closed. If I did that, I wouldn't be able to deposit the week until mid-May . I don't think I'd be able to get anything outside of flexchange with that.
I thought that I would be able to ask the seller to deposit it and then transfer the banked week with the sale, but the II-Marriott desk lady said no, that Marriott would cancel the reservation.
So at least that helps me make my decision. I will give SFX a try and see how we do. Wish me luck!~Arlene
"The world is a book and those who do not travel read only one page."
- St. Augustine
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Originally posted by arlene22OK, the good news is, we passed ROFR for our MSE week . The bad news is, since my existing II account is for a Starwood timeshare, I will need a separate II account for this one. I was hoping I could set it up now and be ready to deposit right at close, but II says it will take 2-3 weeks to set it up, and I cannot begin to set it up until we are completely closed. If I did that, I wouldn't be able to deposit the week until mid-May . I don't think I'd be able to get anything outside of flexchange with that.
I thought that I would be able to ask the seller to deposit it and then transfer the banked week with the sale, but the II-Marriott desk lady said no, that Marriott would cancel the reservation.
So at least that helps me make my decision. I will give SFX a try and see how we do. Wish me luck!
And you know, it would only cost the sellers $29 change fee...you could even offer to pay it if they could get you the later week.
Worth a try......
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