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Bundle Package (Direct-Resale Week and DC Points) Availability?

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Trudyt623

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I was just told in Las Vegas Grand Chateau that Marriott is no longer converting resale weeks to points even with an additional points purchase

Moderator Note: This post and responses to it have been moved from a thread related to selling DC Trust Points. <-- SueDonJ
 
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Fasttr

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I was just told in Las Vegas Grand Chateau that Marriott is no longer converting resale weeks to points even with an additional points purchase
Are you saying you cannot currently enroll a resale week purchased after June 2010 into the points program by purchasing a points package? If so, that is currently true. They have in the past opened a couple small windows in which they did offer this, but no such promotion running currently.
 

Trudyt623

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Are you saying you cannot currently enroll a resale week purchased after June 2010 into the points program by purchasing a points package? If so, that is currently true. They have in the past opened a couple small windows in which they did offer this, but no such promotion running currently.


Thank you
 

JIMinNC

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Are you saying you cannot currently enroll a resale week purchased after June 2010 into the points program by purchasing a points package? If so, that is currently true. They have in the past opened a couple small windows in which they did offer this, but no such promotion running currently.

That's true except if you buy the resale week from Marriott's internal resale department. Those resale weeks can still be enrolled with a points purchase. I know that you know this, I was just pointing it out for the benefit of Trudyt623 that SOME resale weeks can still be enrolled for points.
 

ljmiii

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I was just told in Las Vegas Grand Chateau that Marriott is no longer converting resale weeks to points even with an additional points purchase
"Converting resale weeks to points"...

In the sense of "enrolling weeks bought in the resale market after 2010"...no, they are not currently doing that (though I did see European week offers go by relatively recently).

In the sense of "enrolling weeks bought in the resale market before 2010"...yes, they are still doing that. You can hit the 'enroll' button on the webpage but a much more cost effective way to enroll your pre-2010 weeks is to buy enrollment bundled into an encore package.

In the sense of allowing people to buy 'bundled' (aka hybrid) packages of an enrolled 'direct resale' week from Marriott & DPs equal to or greater than the DP value of that week...yes, they are still doing that. I'm actually about to close on such a bundle.

That said, I did have a salesrep tell me, "We're not allowed to talk about them unless someone asks", as well as, "We're only allowed to sell them to people who already bought one." And I've read reports on tug of many salesreps saying something along the lines of 'Buy now because we're about to stop selling them.' Caveat emptor (as always).
 

Trudyt623

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I wanted to purchase an encore bundle but was told they are no longer offered.
 

Fasttr

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I wanted to purchase an encore bundle but was told they are no longer offered.
A hybrid bundle (buy a week and points as a bundle) or an encore package to enable you to enroll a pre 2010 purchased week you already own?
 

SueDonJ

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The onsite sales reps may not want to talk about bundles (direct-resale Week and DC Points) but the reps at Marriott Resales will be happy to help:
Welcome to the Official Website for Marriott Vacation Club® Resales.

You can search available Weeks inventory at that link by clicking the "Buy Weeks" tab. If you're serious about a bundle, though, you'll have to call that office for the DC Points purchase requirement and pricing.
 

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Perhaps the sales rep was being specific to Grand Chateau. Marriott does not broker that property so a hybrid package would be impossible with a week at Chateau.
 

ljmiii

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True...MVC Resales can only sell (and thus bundle) the weeks they have in inventory. Some of the prices are ridiculous compared to external resale but others are quite reasonable - particularly when DP and/or MR point values are considered. Your mileage may vary, caveat emptor, etc.
 

Saintsfanfl

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It's a really good deal if someone is dead set on aquiring DC points. The purchase price for a week, while seemingly inflated vs outside market, is but a tiny fraction of what it costs to buy the same number of points. Then the annual fee is much smaller as well. It's like a bad deal combined with a good deal but it works if someone wants points.

Marriott needs to keep those resale prices inflated. The primary reason is that is actually the market rates for Marriott as the broker. Why sell something for less than people are willing to pay? Much of the inventory moves at a very fast rate. If Marriott couldn't get good prices less people would be willing to sell and Marriott wouldn't even offer the option because there wouldn't be enough money in it for them.
 

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Marriott needs to keep those resale prices inflated. The primary reason is that is actually the market rates for Marriott as the broker. Why sell something for less than people are willing to pay? Much of the inventory moves at a very fast rate. If Marriott couldn't get good prices less people would be willing to sell and Marriott wouldn't even offer the option because there wouldn't be enough money in it for them.
But some inventory does not. Unless it has recently changed, the Marriott resale pricing at Ko Olina is pretty much what the original developer prices were. As a result, Marriott Resales sells very few Ko Olina weeks and the waiting list to sell is very long. They told me a year or two ago that they had sold only one Ko Olina ocean view week in the previous 12 months. By contrast, Maui and Waiohai weeks go very quickly.
 

Saintsfanfl

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But some inventory does not. Unless it has recently changed, the Marriott resale pricing at Ko Olina is pretty much what the original developer prices were. As a result, Marriott Resales sells very few Ko Olina weeks and the waiting list to sell is very long. They told me a year or two ago that they had sold only one Ko Olina ocean view week in the previous 12 months. By contrast, Maui and Waiohai weeks go very quickly.

Why do you think that is? They do lower prices over time but I'm not sure what drives it. I've seen them lower prices on stuff that moves.

I don't know if I trust them to call people on the wait list. I had a Tugger tell me that they were recently called but I know many others haven't. It seems with some units that are high supply and move quickly the list was completely abandoned. Possibly because it was too outdated.
 

dioxide45

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But some inventory does not. Unless it has recently changed, the Marriott resale pricing at Ko Olina is pretty much what the original developer prices were. As a result, Marriott Resales sells very few Ko Olina weeks and the waiting list to sell is very long. They told me a year or two ago that they had sold only one Ko Olina ocean view week in the previous 12 months. By contrast, Maui and Waiohai weeks go very quickly.
I think it is because it is not an attractive property to use with a Hybrid Package. Those would tend to be lower DC point weeks. Perhaps those in the 2000 point range where you end up with 4000-5000 points out of the Hybrid deal. I would think those that are buying 10,000 points aren't that concerned about the deal they could get with Hybrid and are just sold pure trust points.
 

ljmiii

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Ko Olina is worse than that - it's one of the very few MVCI properties that go up in price/point if you buy a Hybrid package. The three Ko Olina weeks on sale last I looked were $11.375/pt, $14.088/pt, and $15.393/pt.
 

dioxide45

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Perhaps the reason that KoOlina is still sold at full retail is because they perhaps still market weeks instead of DC points to the Japanese market? If that is the case, it wouldn't make sense to do brokered resales at a discount.
 

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Perhaps the reason that KoOlina is still sold at full retail is because they perhaps still market weeks instead of DC points to the Japanese market? If that is the case, it wouldn't make sense to do brokered resales at a discount.
That is probably the explanation, I would have never thought of that. The higher point theory does not hold water because Maui is much higher in points and the MVCI resale prices for weeks is lower. But this explanation makes a lot of sense.
 

Trudyt623

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Trudyt623

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Perhaps the sales rep was being specific to Grand Chateau. Marriott does not broker that property so a hybrid package would be impossible with a week at Chateau.

What does Marriott not brokering the Grand Chateau? I'm still a novice at this.
 
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