When asked what my Marriott Timeshare Portfolio is "Worth", what should I say?

My wife and I are very satisfied with our Marriott Portfolio and have no plans to change it. We are curious to know what it is worth. Is a good way to look at it, to take the current ask prices for resales direct from Marriott and then deduct what their fee would be to sell it.......I have read here that it is 40%.............or is a more accurate measure to look up each on Red Week and figure it out that way. I believe a Red Week sale would not involve a commission, however, Marriott retains the right of first refusal to re-acquire them from us. We own Marriott Desert Springs 1 in California, Ocean Pointe in Florida,.....each are 2 BR, Platinum Season and then we also have two Every Other Year.......Grande Chateau in Las Vegas and Beach Place Towers in Ft. Lauderdale..........these are also Platinum Season and each has lock off. We also have 2500 Trust Points, so that the entire portfolio qualifies for Premier Plus. Our purchase price to acquire was about $83,000. In Destination Points we are now recognized for having about 13,300 per year. My very rough guess would be that the portfolio is worth about $40,000....as long as we didn't have to offer any of these up as a distressed sale. I would like others to chime in and offer a perspective. Just curious.......we love the lifestyle the program has afforded us and built this for a relaxing and interesting retirement. Would it be unrealistic to think that Marriott would pay us $40,000 with their right of first refusal?

When asked what anything is worth whether it be a timeshare, house, car, baseball card, or computer, the simple answer is "It's worth what someone is willing to pay for it."

I would not necessarily go by listing prices. There are unrealistic prices all over and not fetching any bids or purchases. One recommendation is to log into E-Bay and check completed sales for similar products or at the same resort. That will give you an idea what people are actually paying for such a product.

And I seriously doubt Marriott (or anyone else for that matter) would pay $40,000 for that.

Thanks for your reply. I took a look at EBAY and saw that many timeshares appear to be offered at a very low price. I am just wondering how it works with Marriott having the right of first refusal. If the owner is willing to except very little for their ownership, does the sale amount get run by Marriott and do they generally just try to beat that bid by a dollar to take it back at the very lowest cost? Or do they go above it, just knowing that they can profit substantially anyway, at a higher price? I would think listing it on EBAY, could just speed the process for Marriott to eventually take back inventory to be added into their Trust side ? Does anyone have an opinion as to the movement over to a points based system in terms of doing a better job of preserving the value of owners that elected the Destination Program? Having seen the EBAY listings, I would agree that the value would be a lot less than my initial guess of $40,000. Perhaps $20,000 is more realistic. For us, it pays to keep them and use them.

I just spoke to the Marriott Resale Department and it does seem that if they see what the offer price is from a potential open market buyer, they make a determination of matching the offer you have or releasing you to sell it at that price to your buyer. They were very helpful and can give you an idea of what Owners have been asking on the open market. They will eventually set up a resale desk for even more of their locations, as an accommodation to owners wanting to sell. They will eventually do the same for the points. I would think, due to the flexibility of the points, that perhaps they would hold their value a little better than the deeded weeks. He said my EOY for Grand Chateau was a property that currently had an open market ask price of about $4500. This leads me to a conclusion that my portfolio has a net worth of about $20,000........less, if I would be a motivated seller and perhaps a little more if I were patient and fortunate. We are banking on the fact that the Premier Plus benefits will only get enhanced in the future as Marriott tries to get more Owners up to this level and to the Premier level. For a brand new owner to get to the level we have reached, in today's dollars, even using half of your purchase through the resale program and then having to at least match it in Trust Points, I would think you would have to spend about $100,000 or about 8 Cents per point. My Sales Rep suggested that in the future it could take more points to earn Premier Status, currently 6500 Destination Points, as well as Premier Plus, currently 13000 Destination Points. In order to require that, they will have to offer more perks than they due currently. For us, the biggest perk is having a 60 day window to book Marriott Vacation Clubs and get a 30% reduction in points consumed. For drivable locations this can be very helpful, as short notice airfares can often add to your cost. I could save 1000 Destination Points with this perk between a 4 nights stay at the NJ property and a 4 night stay at the Boston property if each is in peak demand.