New owner - any reason NOT to join MVC?

rudyr · Feb 9, 2016

Hi,
I've recently purchased and had two properties pass ROFR with Marriott

100% for trading: DSV-II Blue, bought it cheap I think? ($500), week range includes Labor day which instinctively I thought might have reasonable demand.

We'll use/trade/rent: SR-I Gold, thought it was reasonable @ $1800, week range includes Thanksgiving which works for us to drive down & use.

My question is regarding MVC, assuming I want to utilize Interval and for sure will be doing at least 1 transaction per year is there any reason not to join MVC? From what they told me, the membership includes the II fee ($89) and M2M exchanges are fee free. Other benefits seemed to be that they cover the lock off fee, and a few others but can't recall.

Is the above true in terms of benefits, and if so, is there any reason why I would not join MVC to get the II membership vs. registering for II directly? Just trying to understand what the downside might be.

tschwa2 · Feb 9, 2016

Since you said you just passed ROFR, ou can't join MVC without a retail qualifying purchase or retail points directly from MVCI. Depending on what the current promotion is, I would expect to have to purchase a minimum of 2000 points for about $22,000 or more. I think that's probably the main reason not to join.

SueDonJ · Feb 9, 2016

rudyr said:
Hi,
I've recently purchased and had two properties pass ROFR with Marriott

100% for trading: DSV-II Blue, bought it cheap I think? ($500), week range includes Labor day which instinctively I thought might have reasonable demand.

We'll use/trade/rent: SR-I Gold, thought it was reasonable @ $1800, week range includes Thanksgiving which works for us to drive down & use.

My question is regarding MVC, assuming I want to utilize Interval and for sure will be doing at least 1 transaction per year is there any reason not to join MVC? From what they told me, the membership includes the II fee ($89) and M2M exchanges are fee free. Other benefits seemed to be that they cover the lock off fee, and a few others but can't recall.

Is the above true in terms of benefits, and if so, is there any reason why I would not join MVC to get the II membership vs. registering for II directly? Just trying to understand what the downside might be.

I'm confused. You talk about "joining MVC" as if you're considering enrolling in the Destination Club the two Weeks that you recently purchased, but if they were subject to ROFR then they must have been external resales which aren't eligible for enrollment in the Destination Club.

It is correct that with enrollment in the DC you would get a free II account and no-fee Marriott-to-Marriott exchanges within it, along with the no-fee transactions for other usage options of the Weeks. It doesn't appear that your Weeks are eligible for enrollment, though.

Can you explain how/when you purchased the Weeks, and who exactly is telling you that they can be used for you to "join MVC?"

dioxide45 · Feb 9, 2016

Even though you can't enroll your weeks, you can still trade them through II and lock off on the fee for transaction basis. It still works great even though you have to pay a fee for each transaction and much cheaper in the end than buying points from Marriott.

tiel · Feb 9, 2016

Once you have ownership of your weeks, you will have an MVC account, but it is an "owner's" account which does NOT include membership in II and exchange fees. With your MVC account, you will be able to make reservations at your home resorts for your use or exchange, lockoff your units (upon payment of the fee), and pay maintenance fees when that time comes.

Since you plan to trade, you will need to open an II account at your own expense. And you will have to pay the applicable exchange fee when you perform any exchange/retrade. Your new II account will also give you access to Getaways, which are excess weeks you can purchase without giving up our unit, plus other travel related functionality.

rudyr · Feb 9, 2016

Ok - what you all are saying makes sense. For whatever reason the person I spoke with both 100% acknowledged I purchased resale but then also was telling me about some $180/yr club fee (now I'm uncertain if he meant DC or MVC).

Either way, sounds like I'm not eligible for either as I don't plan to purchase anything from them and bought these weeks resale. So, maybe he was just plain wrong since he doesn't do sales/enrollment in that. He tried to reach someone but they were out, so supposedly I'm getting a call tomorrow.

Bottom line, sounds like what I originally learned still stands, resale weeks I just have to register for II on my own and pay the normal fees. No harm in that.

Quimby4 · Feb 9, 2016

Even if your week was hypothetically eligible to enroll in the Marriott Destination Club (DC). The point values for DSV II are poor, imo. If you can travel off season you will find trading your DSV fairly easy for some great properties...Especially if you trade it as a 2 bedroom. Locking off to a 1bedroom and studio then trying to trade can be more challenging....Referring to trading via II

rudyr · Feb 10, 2016

That's exactly what our thought is - use it for an off-season exchange and then either make use of the SR or try and use that for trades that need a little more power to get.

Sent from my iPhone using Tapatalk

dioxide45 · Feb 10, 2016

Quimby4 said:
Even if your week was hypothetically eligible to enroll in the Marriott Destination Club (DC). The point values for DSV II are poor, imo. If you can travel off season you will find trading your DSV fairly easy for some great properties...Especially if you trade it as a 2 bedroom. Locking off to a 1bedroom and studio then trying to trade can be more challenging....Referring to trading via II

The main benefit for being able to enroll a DSV week or any other of the notable exchangers is the consolidated fee structure. I know that is why we enrolled.

New owner - any reason NOT to join MVC?

rudyr

tschwa2

TUG Review Crew: Veteran

SueDonJ

dioxide45

TUG Review Crew: Expert

tiel

rudyr

Quimby4

rudyr

dioxide45

TUG Review Crew: Expert