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Help--Redweek or Marriott to sell my TS??
We purchased a studio floating week at Marriott Mountain Valley Lodge (Breckenridge, Colorado) from the developer about 12 years ago. I got into the forums a few days ago and have learned quite a bit, but still have a lot tol earn! We want to sell our week (it is a Winter, ski season week). I called Marriott after learning from the responses to my posting in the forum. They have NO internal way to do exchanges in their system--we have to use II, who have been unable to meet our last 2-3 requests. I now know it is b/c it is a studio and that is the primary reson we want to sell it! Marriott said they could possibly sell it for us on a 60-40% deal: they sell for $14,900 and we get 60% of that. We paid the developer about $12,000, so it could be worse given what I have very recently learned from the forums. They said they currently have none of our units available. Is there any reason we should be wary of the Marriott deal, if they are willing to sell it for us? Any reason it would be better to use Redweek? Any suggestions? Our annual dues are due in mid-January and we have not assigned our 2008 week yet. Dues are rising to $799--That is the other reason for selling! I feel very naive.
Kathy K.
It could be worse. Some Marriott resorts will not be sold by Marriott for a MVCI member.....
Have you looked on e bay ( put in Marriott timeshare in search) and see what some of the units are selling for.
I guess you already looked at www.redweek.com Also it appears you have never learned how use the unit to YOUR FULL ADVANTAGE. There will be much more value in the unit if you knew the full story of how to get the full value of your studio....and it will trade well via II.
Go right now to the Marriott Forums on the www.tugbbs.com and read. Then read the other forums. You have a top trading week, and should not be having that much trouble. Do you know that during the flexchange period, your unit can be exchanged for any sized unit? Or unless you must have a top week to trade into ( why?) you will get at least a one bedroom upgrade via an II exchange?
If you always pick the best possible week in your float period, and you give it to II (or even Redweek) your trading value will be excellent ( ot the point value via Redweek.
Also check out www.myresortnetwork.com
If you don't get much action on Redweek.....some licensed real estate brokers would probably try to sell your week. Several post here. I can direct on tug. I don't have an idea of what a plat studio Mar ski week would sell for....but it will not be near what you paid for it.
Kenneth K.
Kekouri is right, you should be getting better trading results with your week. It's just because you don't know all the tricks out there to get the most out of your week! Spend some time at tugbbs.com before you sell and possibly reconsider your decision. Learning the system can make all the difference in the world.
Good luck!
Janna N.
kekouri wrote:It could be worse. Some Marriott resorts will not be sold by Marriott for a MVCI member.....Have you looked on e bay ( put in Marriott timeshare in search) and see what some of the units are selling for.
I guess you already looked at www.redweek.com Also it appears you have never learned how use the unit to YOUR FULL ADVANTAGE. There will be much more value in the unit if you knew the full story of how to get the full value of your studio....and it will trade well via II.
Go right now to the Marriott Forums on the www.tugbbs.com and read. Then read the other forums. You have a top trading week, and should not be having that much trouble. Do you know that during the flexchange period, your unit can be exchanged for any sized unit? Or unless you must have a top week to trade into ( why?) you will get at least a one bedroom upgrade via an II exchange?
If you always pick the best possible week in your float period, and you give it to II (or even Redweek) your trading value will be excellent ( ot the point value via Redweek.
Also check out www.myresortnetwork.com
If you don't get much action on Redweek.....some licensed real estate brokers would probably try to sell your week. Several post here. I can direct on tug. I don't have an idea of what a plat studio Mar ski week would sell for....but it will not be near what you paid for it.
Kathy K.
I've been doing my homework and I am beginning to get a glimmer of an idea of ways to use my TS week to our best advantage, but still feel like I have a lot more research to do and then the timing of everything is apparently HUGE! In many ways I feel like it would be easier to sell it. There are none on ebay, so I can't get much idea, but Marriott's apparent interest seems like a good sign--they seem eager to sel it for me and make their 40%. The advice has been very helpful--this is a great website!!! Thanks!
Kathy K.