MVCI Resale Operations <resale.operations@vacationclub.com> wrote:
Good day,
We are happy to assist with your request to sell. Below you will find the options available for your inventory type. Please review and respond with how you would like to proceed. Your desired timeframe for sale will often determine which option will work best for you.
Repurchase Program
Marriott Vacation Club is offering a direct purchase of your inventory. The timeframe to complete this sale is about 120 days. The first year occupancy to MVC will be 2017; therefore, you will retain usage for 2016 and you are responsible for payment of the 2016 maintenance fee. Should you decide to accept this offer, you are agreeing to relinquish any rights to usage of the timeshare in 2017 and future years. Any reservations you have placed for 2017 will be cancelled. This offer is valid for the next 7 business days and is subject to change at any time with or without notice.
The current repurchase offer for your inventory type is:
Inventory Number xxxx: $x,xxx, after administrative costs, the approximate net is $xxxx.*
*As applicable, net proceeds will be applied to any outstanding account balances. Maintenance fees and loan payments must be current prior to initiation of the sale process.
Foreign owners may be subject to a15 % tax withholding. For more information, visit
www.irs.gov. If the week sold is at a resort in Hawaii and you are not a Hawaii resident, 5% will be withheld from your contract price and paid to the State of Hawaii pursuant to the Hawaii Real Property Tax Act. For more information, or to request a refund, you may visit the website
www.hawaii.gov/tax.
Sell on the Open Market
This option affords you the opportunity to set your own price and to begin the resale process at any time. A helpful website is
www.licensedtimeshareresalebrokers.org. This is a group of Brokers who do not charge any upfront fees. Once you log in, to narrow your search, click on the Member Directory tab, then you can search by using key words “Marriott” or your specific resort.
As stated in the governing documents for eligible resorts, Marriott Vacation Club has the Right of First Refusal. As such, owners selling on the open market are required to notify Marriott Vacation Club once a purchaser has been identified and a price agreed upon. Notification can be sent via email at
MVCIROFR.MVCI@vacationclub.com or fax 407-903-5995. Be advised that when inventory is sold on the open market, the purchaser will not have the option to exchange the week for Marriott Rewards points or enroll in the new Marriott Vacation Club Destinations™ Exchange Program.
Kind Regards,
XXXX
Resale Manager, Resale Operations