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II or SFX for late deposit?

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  • II or SFX for late deposit?

    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?
    ~Arlene

    "The world is a book and those who do not travel read only one page."
    - St. Augustine

  • #2
    Originally posted by arlene22
    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?
    Possibly SFX would be better....why not post this question over on the ask SFX board also....FYI - Mark@SFX will be at the ARDA conference in Las Vegas 3/27-31 so might not answer right away.
    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.....
    Pat
    *** My Website ***

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    • #3
      Thank you, Pat, for your input.
      ~Arlene

      "The world is a book and those who do not travel read only one page."
      - St. Augustine

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      • #4
        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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        • #5
          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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          • #6
            Originally posted by arlene22
            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!
            I still say give it to SFX - but how abut asking the buyer to call Marriott and see if there is any availability the second or third week of August..this will give you a longer window before use but not decrease your trade power...I know it is late but you never know....sometimes people cancel their reservations and a week could just be sitting there waiting for you
            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......
            Pat
            *** My Website ***

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            • #7
              That's a great idea. I'll talk to them about that.
              ~Arlene

              "The world is a book and those who do not travel read only one page."
              - St. Augustine

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