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

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  • #46
    More Marriott ROFR info... 4/30/10 ------------

    ROFR decisions from the past 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- $10,500- W
    Aruba Surf- annual 2br OS gold- $11,000- W

    BeachPlace Towers- annual 2br plat- $12,500- W

    Grande Vista- annual 2br plat- $8,500- W

    Ko Olina - annual 2br MV plat plus- $26,000- W
    Ko Olina - annual 2br MV plat- $14,500- W
    Ko Olina - even 2br MV plat- $7,500- W
    Ko Olina - odd 2br MV plat- $7,000- W

    Maui Ocean Club- annual 2br OF plat- $30,000- W

    Newport Coast- annual 2br plat- $12,500- W

    Ocean Pointe- annual 2br OS plat- $14,500- W
    Ocean Pointe- annual 2br OS Silver- $6,000- W

    Waiohai Beach Club- annual 2br MV plat- $12,500- W

    Willow Ridge- annual 2br plat- $4,300- W
    my travel website: Vacation-Times.org.

    "A vacation is what you take when you can no longer take what you’ve been taking."
    ~Earl Wilson

    Comment


    • #47
      Excuse my complete ignorance... what does MV, OV, OS etc mean.

      Comment


      • #48
        Also, do you have these historical prices on a spreadsheet somewhere? I'm a datawarehousing professional and can quickly dump these into the database and allow you to track price over time. Let me know.

        Comment


        • #49
          Originally posted by syi916
          Excuse my complete ignorance... what does MV, OV, OS etc mean.
          Mountain View, Ocean View, Ocean Side, Ocean Front, Island View, etc..

          Comment


          • #50
            Orlando Marriotts

            I'm confused!! Can anyone describe the Marriott timeshares in Orlando? The website is too vague. I have read some info here,but I need more, so that I can make an informed purchase!

            Comment


            • #51
              Originally posted by cookincheri View Post
              I'm confused!! Can anyone describe the Marriott timeshares in Orlando? The website is too vague. I have read some info here,but I need more, so that I can make an informed purchase!
              cook - please start a new thread - and let us know WHICH Marriott Orlando resort you want to know about
              Pat
              *** My Website ***

              Comment


              • #52
                orlando marriott

                OK! Thanks

                Comment


                • #53
                  More Marriott ROFR info... 5/13/10 ------------

                  ROFR decisions from the past 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 3br OV plat- $30,000- W

                  BeachPlace- annual 2br gold- $6,000- W

                  Canyon Villas- annual 2br plat- $12,000- W

                  Desert Springs II- annual 2br red- $6,000- W

                  Grande Vista- annual 2br plat- $7,500- W
                  Grande Vista- annual 3br gold- $12,500- W
                  my travel website: Vacation-Times.org.

                  "A vacation is what you take when you can no longer take what you’ve been taking."
                  ~Earl Wilson

                  Comment


                  • #54
                    Not a single ROFR in sight!

                    More Marriott ROFR info... 5/26/10 ------------

                    ROFR decisions from the past 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 )



                    Barony Beach- annual 2br GV silver- $4,500- W

                    BeachPlace- annual 2br plat- $12,000- W

                    Canyon Villas- even 2br gold- $5,000- W

                    Custom House- annual 1br gold- $7,500- W

                    Desert Springs I- annual 2br red- $9,500- W
                    Desert Springs II- annual 2br red- $9,500- W

                    Grande Vista- annual 2br gold- $4,500- W
                    Grande Vista- annual 2br plat- $8,500- W
                    Grande Vista- annual 3br plat- $11,500- W

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

                    Newport Coast- annual 2br plat- $12,000- W

                    Shadow Ridge- annual 2br plat- $8,000- W

                    Summit Watch- annual 2br plat- $18,000- W

                    Waiohai- even 2br OV plat- $12,400- W
                    Waiohai- annual 2br OV plat- $18,400- W

                    Willow Ridge- annual 2br plat- $4,000- W
                    my travel website: Vacation-Times.org.

                    "A vacation is what you take when you can no longer take what you’ve been taking."
                    ~Earl Wilson

                    Comment


                    • #55
                      More Marriott ROFR info... 6/16/10

                      More Marriott ROFR info... 6/16/10 ------------

                      ROFR decisions from the past 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 )



                      BeachPlace- annual 2br plat- $13,000- W

                      Custom House- annual 1br plat- $8,500- W

                      Desert Springs I- annual 2br red- $11,900- W

                      Fairway Villas- annual 2br plat- $5,500- W

                      Grande Vista- annual 3br plat- $11,999- W

                      Harbour Lake- annual 2br plat- $7,000- W

                      Kauai Beach- annual 1br OV plat- $6,500- W

                      Ko Olina- odd 2br GV plat- $8,500- W
                      Ko Olina- even 2br OV plat- $11,500- W

                      Monarch at Sea Pines- annual 2br winter preferred- $3,500- No ROFR

                      Shadow Ridge- annual 2br gold- $3,500- W

                      Waiohai- annual 2br IV plat- $14,000- W

                      Willow Ridge- annual 2br plat- $4,000- W
                      my travel website: Vacation-Times.org.

                      "A vacation is what you take when you can no longer take what you’ve been taking."
                      ~Earl Wilson

                      Comment


                      • #56
                        Not a single ROFR in sight!

                        Originally posted by rikkis_playpen
                        More Marriott ROFR info... 5/26/10 ------------

                        ROFR decisions from the past 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..
                        It may change after tomorrow as this is the last day that Marriott will sell deeded weeks. Monday will be a complete different system (points only) and they may start exercising ROFR again at some of the resorts where there is demand.

                        Will this stop re-sale prices from dropping further unless the economy will hurt even more next year?

                        You have to be brave to buy another timeshare today because you get yourself on the hook for maintenance fees that will last year after year until you sell it again or rather give it away or even pay towards the closing costs just to get rid of the darn thing. I would think twice before buying a timeshare again.

                        Comment


                        • #57
                          Originally posted by iconnections
                          It may change after tomorrow as this is the last day that Marriott will sell deeded weeks. Monday will be a complete different system (points only) and they may start exercising ROFR again at some of the resorts where there is demand.

                          Will this stop re-sale prices from dropping further unless the economy will hurt even more next year?

                          You have to be brave to buy another timeshare today because you get yourself on the hook for maintenance fees that will last year after year until you sell it again or rather give it away or even pay towards the closing costs just to get rid of the darn thing. I would think twice before buying a timeshare again.
                          Maybe I'm naive, but I honestly believe that after about 7 years or so I will reach a break even point and, even more importantly, is the fact that it forces me to plan a week away rather than letting time slide. Every Getaway week is an added bonus and perhaps takes a bit off the up front cost.

                          Maybe it is partially because one vacation in particular turned out to have priceless memories, for me at least ownership has been truly worthwhile and I don't regret for a minute buying- even though perhaps today I could get a better deal. But I wouldn't trade in those trips of yesterday for anything.

                          Not to sound morbid, but life has a way of throwing curves and timeshares do make us take advantage of family time that we otherwise not bother spending the money or the time planning to do. Sometimes it is that extra vacation which, upon reflection, makes the whole expense worthwhile.

                          Comment


                          • #58
                            Beautiful statement...

                            Originally posted by m61376
                            Maybe it is partially because one vacation in particular turned out to have priceless memories, for me at least ownership has been truly worthwhile and I don't regret for a minute buying- even though perhaps today I could get a better deal. But I wouldn't trade in those trips of yesterday for anything.

                            Not to sound morbid, but life has a way of throwing curves and timeshares do make us take advantage of family time that we otherwise not bother spending the money or the time planning to do. Sometimes it is that extra vacation which, upon reflection, makes the whole expense worthwhile.
                            This is a perfect example of something I've always believed- the only true value a timeshare ever really has is in the usage and enjoyment. I think that far too often we try to look at ownership as a tangible asset, when in reality the benefits are almost always intangible. Being in the business, I'm as guilty of anyone of often looking at each interval from a market dollar standpoint- but comments like these remind me over and over again that it's the enjoyment and memories that really matter.

                            Thanks for sharing.
                            my travel website: Vacation-Times.org.

                            "A vacation is what you take when you can no longer take what you’ve been taking."
                            ~Earl Wilson

                            Comment


                            • #59
                              Originally posted by rikkis_playpen View Post
                              This is a perfect example of something I've always believed- the only true value a timeshare ever really has is in the usage and enjoyment. I think that far too often we try to look at ownership as a tangible asset, when in reality the benefits are almost always intangible. Being in the business, I'm as guilty of anyone of often looking at each interval from a market dollar standpoint- but comments like these remind me over and over again that it's the enjoyment and memories that really matter.

                              Thanks for sharing.
                              I didn't say that I regret owning the timeshares we own. I wouldn't buy again but I hope that other people will weigh the advantages against the disadvantages for themselves. The reason I wouldn't be interested is because the industry has changed so much since the early 80s. The big developers have so much more control over your timeshare today that they didn't have then because you owned a fixed week/unit.

                              We bought every timeshare for use mainly so don't have to agonize over getting the best exchanges or trading up or down or do we have to worry about a view either because the unit is fixed. We also have accumulated years of beautiful vacation memories with our family and friends and it made these vacations very special.

                              I am not happy with what the big developers are doing to us by changing the rules constantly and it will always cost more money and you will have even less control over what you own and can do with it. This is what happens with a floating system or owning just a bunch of points.

                              I read the Marriott and Starwood boards and see the issues that people are having with their exchanges and rights taken away from them with not even an announcement. The Marriott is now changing their system completely from weeks to points and people are very concerned. Since we own fixed, it will not affect us that much but floating timeshare owners are worrying a lot.

                              Originally posted by m61376
                              Maybe I'm naive, but I honestly believe that after about 7 years or so I will reach a break even point and, even more importantly, is the fact that it forces me to plan a week away rather than letting time slide. Every Getaway week is an added bonus and perhaps takes a bit off the up front cost.

                              Maybe it is partially because one vacation in particular turned out to have priceless memories, for me at least ownership has been truly worthwhile and I don't regret for a minute buying- even though perhaps today I could get a better deal. But I wouldn't trade in those trips of yesterday for anything.

                              Not to sound morbid, but life has a way of throwing curves and timeshares do make us take advantage of family time that we otherwise not bother spending the money or the time planning to do. Sometimes it is that extra vacation which, upon reflection, makes the whole expense worthwhile.
                              I read your concern often that you may not be getting the same benefits that direct buyers are getting and I feel your pain because I worry the same thing too with the new changes that are coming in case we do not convert.

                              Re-sale prices may drop a lot for the people who decide to stay with weeks just like Starwood re-sale prices are different with their mandatory and voluntary resorts. Week owners may also be excluded from going to the Marriott resorts that will be built in the future unless they are deposited in II. This would worry me less than the big drop in re-sale prices so I am glad that I only own one and not more. It is too easy today to rent from owners and pay even less than they pay in maintenance fees. It may change again but I don't see it happen for the next few years. JMHO.

                              Comment


                              • #60
                                I agree with m, but for a slightly different reason. My husband and I were introducted to timesharing in 2000...and bought 2 weeks directly from Marriott because we loved the program. It has forced us to take some RELAXING vacations instead of always coming back from our vacation totally exhausted. We don't have a problem with taking vacations, it's the relaxing part we seem to have trouble with! And we've never looked back. Bought a few years later at Aruba's Surf Club and am in the process of adding another RESALE week w/close set for 7/5. My only concern with the purchase being resale and with the change to points is the home resort priority. We always use the SC and don't anticipate a change in the foreseeable future. I've done the math and am not sure we'll ever break even, but that's fine with us. Timesharing at the quality resorts is pure enjoyment for us, not getting every bang for the buck. It's a discretionary purchase we can afford and has been one of our best yet .

                                Comment

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