Original Message:
Re: BUYING DEVELOPER vs RESALE (typical scenario) (by Kenneth K.):
About MARRIOTT POINTS
Everyone who uses Marriott (Travel Reward Points) or obtains them via a T/S ourchase or any other reward system needs to read the MARRIOT RULES about these non timeshare points.
Read the rules here: (I was going to cut & paste, but there were SO MANY RULES, Redweek's capacity might have been compromised) http://www.marriott.com/rewards/terms/default.mi
A few highlights:
No new points in 2 years, Marriott can cancel your program. (If they want to)
Marriott can stop the points program at any time. They will give the points holder a period to attempt to use them up.
They are NOT transferrable to anyone ( except specific family situations)
They are subject to inflation. ie- more points may be needed for the same purchase , or various units will be upgraded to cost more points.
Value put on the points at the TUG site are approx ones cent (US) each...except for the combo trips.
Until recently, MAR Rewards members were able to buy additional points for one cent each.
MAR points are simply a travel point reward system. No one needs to own a T/S to be a member....and collect points.
Unless there is a sale, one week in a 2 bed 2 bath MVCI unit costs 150,000 points. Marriott will take you week and reward you points from approx 90,000 to 130,000 for the turn in of your week for a fee, and after you pay the maint & taxes for the week...in MVCIs case, usually near $1000 a week. (Don't forget the initial cost of the week).
Hope this helps.