Marriott ROFR info... reported sales from past two months

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

ROFR decisions from the last two months. No exercised contracts reported by any cooperating brokers. Only posted the lowest price waived for each season/view type (so in some cases these specific numbers may not be indicative of the current market- but just an example of a fantastic bargain).

(X= Marriott exercised ROFR / W= Marriott waived ROFR and sale going through to the buyer ).

Aruba Ocean- annual 1br OV plat- $7,500- W

Aruba Surf- annual 2br OV plat- $18,000- W
Aruba Surf- annual 2br OV gold- $9,500- W

Barony Beach- annual 2br OS plat- $15,000- W
Barony Beach- annual 2br GV plat- $13,000- W
Barony Beach- annual 2br OS gold- $9,200- W

Beach Place- annual 2br plat- $13,000- W

Canyon Villas- annual 2br plat- $10,000- W

Cypress Harbour- annual 2br special- $5,000- W
Cypress Harbour- annual 2br sport- $3,250- W

Desert Springs Villas I- annual 2Bbr red- $9,500- W
Desert Springs Villas I- annual 2Bbr white- $3,800- W

Fairway at Seaview- annual 2br plat- $4,500- W

Frenchman's Cove- annual 2br plat plus (51)- $27,240- W
Frenchman's Cove- annual 2br plat- $22,000- W
Frenchman's Cove- annual 2br gold- $15,000- W

Grand Chateau- annual 2br plat- $8,250- W
Grand Chateau- even 2br plat- $6,000- W
Grand Chateau- odd 2br plat- $3,000- W

Grand Ocean- annual 2br silver- $5,500- W

Grande Vista- annual 3br plat- $11,800- W
Grande Vista- annual 2br plat- $7,000 - W
Grande Vista- annual 3br gold- $6,000- W
Grande Vista- annual 2br gold- $6,500 - W

Harbour Lake (fka Horizons at Orlando) - annual 2br plat- $6,000- W
Harbour Lake- annual 2br gold- $3,000- W
Harbour Lake- even 2br plat- $ 2,900- W

Horizons at Branson- annual 2br plat- $4,800- W

Ko Olina- annual 2br MV plat- $12,000- W

Manor Club- annual 2br plat- $11,000- W
Manor Club- odd 2br plat- $7,000- W

Maui Ocean Club- annual 2br OF plat- $37,000- W
Maui Ocean Club- even 2br OF plat- $19,000- W
Maui Ocean Club- annual 2br OV plat- $16,000- W
Maui Ocean Club- annual 2br GV plat- $10,000- W

Mountain Valley Lodge- annual 2br plat- $10,000- W

Mountainside- annual 2br plat- $18,000- W
Mountainside- annual 2br gold- $4,700- W

Newport Coast- annual 2br plat- $11,500- W
Newport Coast- annual 2br gold- $8,500- W

Ocean Pointe- annual 3br OF plat- $19,000- W
Ocean Pointe- annual 3br OF gold- $11,000- W
Ocean Pointe- annual 2br OS plat- $17,800- W
Ocean Pointe- annual 2br OV gold- $9,000- W
Ocean Pointe- annual 2br OV silver - $ 5,000- W

OceanWatch- annual 2br OF plat- $23,500- W
OceanWatch- annual 2br OS plat- $21,000- W
OceanWatch- annual 2br OV plat- $18,000- W
OceanWatch- annual 2br OF gold- $15,000- W
OceanWatch- annual 2br OV gold- $11,000- W
OceanWatch- annual 2br OF silver- $10,300- W
OceanWatch- annual 2br GV gold- $5,000- W

Shadow Ridge- annual 2br plat- $7,500- W
Shadow Ridge- annual 2br gold- $5,000- W

Sunset Pointe- annual 2br sport- $2,500- W

Timber Lodge- annual 2br plat- $15,000- W

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

Wow! This is a good time to buy a Marriott.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Actually a good time to buy any ROFR. When sales are down, what developer wants to buy more inventory ?

[djyamyam Senior Member Find all posts View Profile Close djyamyam]

ROFR decisions from the last two months. No exercised contracts reported by any cooperating brokers. Only posted the lowest price waived for each season/view type (so in some cases these specific numbers may not be indicative of the current market- but just an example of a fantastic bargain).

(X= Marriott exercised ROFR / W= Marriott waived ROFR and sale going through to the buyer ).


Newport Coast- annual 2br plat- $11,500- W
Newport Coast- annual 2br gold- $8,500- W

Nice on that Newport Coast plat. I believe there is one advertised on ebay right now as a classified at for $12.5K. This resort hasn't rebounded as much as some other Marriotts. (Probably because of all the building they are doing and because of the length of their platinum season) but still a good price

[m61376 Senior Member Find all posts View Profile Close m61376]

Nice post- where did you compile this info. from?

[thinze3 Member Find all posts View Profile Close thinze3]

... This resort (NCV) hasn't rebounded as much as some other Marriotts...

It does appear that prices have rebounded just a bit, doesn't it.

[pcgirl54 Senior Member Find all posts View Profile Close pcgirl54]

Thanks for posting this.

[mas Senior Member Find all posts View Profile Close mas]

Maui Ocean Club- annual 2br OF plat- $37,000- W

Maui Ocean Club- annual 2br OV plat- $16,000- W

Is OF really worth more than double OV?? ...Regardless, in light of this economy, some people have an awful lot of money to throw around.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

More Marriott ROFR info... 8/3/09

More Marriott ROFR info... 8/3/09

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ROFR decisions from the last few weeks. Only posted the lowest price waived for each season/view type (so in some cases these specific numbers may not be indicative of the current market- but just an example of a fantastic bargain).

(X= Marriott exercised ROFR / W= Marriott waived ROFR and sale going through to the buyer ).

Aruba Surf- annual 2br OS gold- $13,000- W
Aruba Surf- annual 2br OS gold- $13,000- W
Aruba Surf- annual 2br OV platinum- $21,000- W

Barony Beach- annual 2br OS gold- $9,200- W

BeachPlace Towers- annual 2br plat- $14,500- W

Canyon Villas- annual 2br plat- $10,000- W

Cypress Harbour- annual 2br sport- $3,500- W
Cypress Harbour- annual 2br special- $5,500- W

Grande Chateau- annual 2br plat- $10,000- W
Grande Chateau- annual 3br plat- $15,500- W

Grande Vista- annual 2br gold- $8,000- W
Grande Vista- annual 2br plat- $8,500- W
Grande Vista- annual 3br gold- $12,000- W
Grande Vista- annual 3br plat- $14,500- W

Kauai Beach Club- odd 1br OF plat- $5,750- W
Kauai Beach Club- annual 1br OF plat- $10,000- W

Manor Club Sequel- annual 2br plat- $11,000- W

Maui Ocean Club- annual 2br MV plat- $16,000- W
Maui Ocean Club- even 2br OF plat- $19,000- W
Maui Ocean Club- annual 2br OV plat- $28,000- W

Newport Coast- annual 2br plat- $13,485- W
Newport Coast- combined contract for four 2br plat wks- $40,000- W

OceanWatch- annual 2br OF silver- $10,900- W
OceanWatch- annual 2br GV plat- $16,000- W
OceanWatch- annual 2br OS plat- $23,000- W

Shadow Ridge- annual 2br gold- $5,500- W

Timber Lodge- annual 2br plat- $18,000- W

Waiohai- even 2br IV plat- $13,000- W
Waiohai- annual 2br OV plat- $ 22,000- W

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

Yes, it is worth it to some people to buy oceanfront and pay more for it. Imagine sitting on your balcony early in the morning with a cup of coffee while looking at the ocean and listening to the surf.

It is also a treat to have family or friends with you and watching the sunset together with a few drinks or other goodies and falling asleep at night with the sound of the waves and then waking up again with the sounds of the ocean and birds. It is heaven on earth!

The price difference you see is most likely the difference between the older and newer units at the MOC rather than the view only but I may be wrong.

Is OF really worth more than double OV?? ...Regardless, in light of this economy, some people have an awful lot of money to throw around.

A good time to buy or wait even longer and get them at a lower price yet but it is a very bad time for people who have to sell now because of hardship and certainly if they bought from the developer direct. I wonder when they start exercising their ROFR again?

Wow! This is a good time to buy a Marriott.

ROFR decisions from the last two months. No exercised contracts reported by any cooperating brokers. Only posted the lowest price waived for each season/view type (so in some cases these specific numbers may not be indicative of the current market- but just an example of a fantastic bargain).

(X= Marriott exercised ROFR / W= Marriott waived ROFR and sale going through to the buyer ).

Maui Ocean Club- annual 2br OF plat- $37,000- W
Maui Ocean Club- even 2br OF plat- $19,000- W
Maui Ocean Club- annual 2br OV plat- $16,000- W
Maui Ocean Club- annual 2br GV plat- $10,000- W

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

More Marriott ROFR info... 8/26/09

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ROFR decisions from the last few weeks. Only posted the lowest price waived for each season/view type (so in some cases these specific numbers may not be indicative of the current market- but just an example of a fantastic bargain) . Still no reports from any cooperating brokers of Marriott exercising ROFR on any contracts..

(X= Marriott exercised ROFR / W= Marriott waived ROFR and sale going through to the buyer ).


Aruba Surf- annual 2br OV plat- $19,000- W
Aruba Surf- annual 2br GV gold- $12,750- W

Barony Beach- annual 2br OS plat- $15,900- W
Barony Beach- annual 2br GV plat- $13,000- W

Cypress Harbour- annual 2br sport- $4,305- W


Desert Springs II- annual 2br white- $5,500- W

Grande Ocean- annual 2br OS Silver- $5,500- W

Grande Vista- odd 2br plat- $6,600- W
Grande Vista- annual 2br plat- $9,500- W
Grande Vista- annual 3br plat- $14,000- W

Harbour Lake- odd 2br plat- $4,000 - W
Harbour Lake- annual 2br plat- $5,000 - W

Kauai Beach Club- annual 1br OV plat- $10,500- W

Ko Olina- annual 2br MV plat- $14,250- W
Ko Olina- annual 2br OV plat- $20,000- W
Ko Olina- annual 2br OV plat (2 weeks)- $37,000- W

Maui Ocean Club- annual 1br OV plat- $12,000- W
Maui Ocean Club- annual 1br MV plat- $8,000- W

Newport Coast- annual 2br gold- $8,500 W

OceanWatch- annual 2br OS plat- $21,000- W

Royal Palms- annual 2br red- $6,400- W

Shadow Ridge- annual 2br plat- $9,500- W

[cookincheri Junior Member Find all posts View Profile Close cookincheri]

marriott timeshare

Hi,
Can anyone explain the whole resale experience. Should you buy a resale from the Marriott or a private buyer? Also please explain the acronyms! I am very interested in buying a timeshare with the Marriott but I want info from owners, in their own words.

Thanks!

[thinze3 Member Find all posts View Profile Close thinze3]

When you buy retail or from the developer, you are buying directly from Marriott. If you are buying resale, typically you are buying from an individual and can expect to pay about half (or less) of what Marriott charges. The only current difference between the two purchases is that those who buy from Marriott have the right to give their week to Marriott and in exchange for Marriott Reward Points if they wish.

Marriott has the Right Of First Refusal (ROFR) at every sale for eternity on most resorts. If Marriott thinks the sale price is low enough, and they have a need for that unit, they may execute ROFR and buy the unit, leaving the buyer ouit in the cold. Marriott has NOT been exorcising its ROFR for many months now.

Not to be confused:
When a resort is sold out, Marriott may also buy back inventory directly and/or use its ROFR to replenish inventory. Once Marriott does this and "re-sells" a unit at full retail price, the buyer would technically be buying a "resale" through Marriott. A buyer of a resale unit from marriott has the same ability to trade for points as those who bought new.

As you can see posted above, with Marriott not exorcising its ROFR, some unbelievable bargains can be had. In a few months, as we near maintenence fee season, even bigger bargains will probably be available.

[cookincheri Junior Member Find all posts View Profile Close cookincheri]

marriott rofr info

Thank you so much for the lesson. I really appreciate it. I will use this info to make an informed purchase!

[brigechols Junior Member Find all posts View Profile Close brigechols]

As you can see posted above, with Marriott not exorcising its ROFR, some unbelievable bargains can be had. In a few months, as we near maintenence fee season, even bigger bargains will probably be available.

Is it likely that 2009 MF are outstanding for these bigger bargains?