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Owner Update Options - $100 or 10,000 MRP or free DC enrollment

Discussion in 'Marriott Vacation Club' started by tahoeJoe, May 27, 2019.

  1. tahoeJoe

    tahoeJoe TUG Member

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    Currently staying at the NCV, and they are asking us to do an owner update. We haven't done an update in over 7 years. The gifts they are offering are listed above. The question is- is enrollment in the DC worth it? When they first rolled it out, it cost approx $2000. Our main concerns with enrolling in the DC were/are:

    1) You deed your legacy week to trust and lose it forever.
    2) Trust inventory is minimal, and II exchanges are impacted.
    3) With a Platinum 2 bedroom L/O in Branson, the DC points are minimal and not enough to go anywhere "good" in the DC.
    4) It cost $2000

    Therefore. the question remains, IF we decide to do an update, should we enroll for "free" or choose another gift? Thoughts?
     
  2. vacationtime1

    vacationtime1 Tug Review Crew: Rookie TUG Member

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    Endure the presentation and enroll your units.

    Points are very flexible -- often in unforeseen ways. The ability to rent points from other DC members is huge.

    We got free enrollment as part of an explorer package; it was worth it even though we had to endure two presentations.
     
  3. SeaDoc

    SeaDoc TUG Member

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    Resorts Owned:
    CClub: 2 Marriott Newport Coasts-PLAT;
    2 Marriott Shadow Ridge Villages-PLAT;
    1 Marriott Desert Springs I-Red;
    1 Marriott Timber Lodge - Summer-PLAT;
    3 StarElite: 2 Westin Lagunamar-PLAT
    1 & 2 are not correct, you merely enroll and pay the annual club dues to participate in the points program, which I find superior to 7 day weekly stays. Enroll for free, you can always stop paying annual dues and revert to what you currently have at any time. Try it, you may like it...

    Sent from my SM-N960U using Tapatalk
     
    Steve Fatula, Swice and vacationtime1 like this.
  4. StevenTing

    StevenTing TUG Member

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    As mentioned, 1&2 are wrong. You retain your week. You just now have the added ability to exchange for points. It’s an option. You have the right, but not the obligation.
     
  5. sparty

    sparty TUG Member

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    Many times I find 2-3 night stays using DC points are more expensive than either paying cash the 2-3 nights or justing getting an entire interval getaway week and only using it 2-3 days, especially true in shoulder seasons. DC point charges are over-inflated in many cases.
     
  6. bazzap

    bazzap Tug Review Crew: Rookie TUG Member

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    The only real, potential downside I am aware of with enrolling is the need to pay annual DC dues of ~$200+.
    However, the benefit of electing your week for points, both for alternative usage options and for the corporate Interval account you get with most fees covered can easily justify that.
    So if you see these as useful, I would say it is a good incentive.
    If I could enrol my remaining weeks (currently ineligible as resale, post cut off date weeks), I would probably agree to sit through a 12 hour update presentation haha.
     
    Steve Fatula and jeepie like this.
  7. Bill4728

    Bill4728 Moderator

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    The other thing which the sale people will not mention is that as a DC member you can rent your point to other member for cash or rent their points to complete a reservation. You can do so for around $0.50/pt (sometimes more some times less)
     
  8. Swice

    Swice TUG Review Crew: Rookie TUG Member

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    I can't see any reason why you would not. It's easy to get confused with the different terms.

    Yes, by enrolling, you incur a new "club fee" but I'm assuming you are already paying Interval fee and that fee would go away.

    Enrolling your week allows you the CHOICE of doing exactly what you've been doing (you can book your week at your resort or trade it through Interval without a trade fee)-- or choosing in any given year to elect "points" instead of using your week.

    You are correct the "points" would mostly likely not cover a seven night vacation. However, you can be creative and gain some benefit. For example, we own two weeks. Again continuing with the example: 2019 I book two "weeks" like normal. in 2020, I book one week like normal and choose "points" for my second timeshare week. I then use those points to add a night or two on to my other weeks. Suddenly my other booked "week" vacations turn into eight or nine day stays by using the points along with the week reservations. Also, your "points" will stretch out and get you more nights if you book in lower demand times. So you may find the "points" you received for turning in your week might actually give you MORE nights during a lower season. (of course in my example, I carried over and banked some weeks/points to use them in another usage year.)

    Does that help?
     
  9. kds4

    kds4 TUG Member

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    The free enrollment option is very interesting. If I were still interested in adding to my portfolio, this could motivate me to purchase a desirable resale week for pennies on the developer dollar and take the next available owner update to enroll it. I'm guessing there have to be more 'details' to this offer (such as the unit was purchased before a certain date, or perhaps is available to Branson Horizons weeks only, etc.). A general offer to enroll for free seems 'too good to be true', and you know what they say about things like that ... :cool:
     
  10. TXTortoise

    TXTortoise TUG Member

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    Vail Streamside Birch
    The enrollment offer above only applies to units bought prior to June 2010.

    To enroll resale weeks purchased since then requires either a large pure points purchase during various specials or the purchase of a hybrid deal or Caribbean week with points. Search on hybrids for lost of recent discussions on enrolling post-2010 weeks.
     
    SunandFun83 likes this.
  11. bazzap

    bazzap Tug Review Crew: Rookie TUG Member

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    I am sure you will find that the free enrolment offer does not apply to newly purchased Resale weeks.
     
  12. tahoeJoe

    tahoeJoe TUG Member

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    Thank you for all the information. To be clear, I purchased my week in 2008 resale so I should qualify for enrollment? Also, besides the ability to convert my week to DC points (at my sole discretion every year) what else does the $200 club membership get me?

    1) A "free" II account?
    2) "Free"or reduced cost unit lock-offs?
    3) Free or reduced cost II trades?
    4) The ability to convert weeks to Marriott Reward points?
    5) Anything else?

    Also, besides the annual DC membership fee, what other fees are involved in club membership?
     
  13. bazzap

    bazzap Tug Review Crew: Rookie TUG Member

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    F859614F-9339-4064-AD36-477AD9EB7F58.png
    The enrolled owner webinar should hopefully answer most of your questions.
    With Club Membership, you do still have to pay Interval unit size upgrade fees (if you need them)
    http://img.vacationclubsurvey.com/images/webinar/OwnerWebinar_Enrolled.pdf
     
  14. Dean

    Dean TUG Member

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    You should get a free II account (but can't add other non Marriott or non enrolled Marriott weeks to it), free Marriott to Marriott exchanges, free lockoff fee, free cancelation/change fee. There is a club due as you mentioned so you are paying for those things. If you routinely trade your WR week locking it off and don't have other timeshare to keep an II account, I'd say it's a no brainer saving you easily more than it costs and giving you other options like renting additional points. You can also likely enroll for free by watching the webinar online.
     

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