Marriott Right of First Refusal

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Original Message:

Re: Marriott Right of First Refusal (by Anthony R.):

Thank your for your responses.

The salesman is a very good employee and is aware of the resale market. He stated with 100% certainty the Marriott would exercise it ROFR and would not allow a week 7 Park City to transfer for mid 30's when those units sold new for 80s. In addition, he has inventory that he is offering at $78,000 at the same location.

I tend to believe him....the selling agent gets commission either way...Marriott gets the unit at 30s and then resells at 80's...and the owner gets the unit sold at a price that he/she agreed to

The key is to get someone to sign the purchase agreement, put down earnest money...wait 60 to 90 days...only to be rejected....

I am not surprised that the resell market is difficult....