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Re: Newport coast Villa's

Currently, loss of points surrender rights is the only significant perceived negative of buying resale. However, considering Marriott's recent devaluation of their MRP system and expected further devaluations, I see this as minimally negative. That said, there are other things brewing on the horizon which might be more interesting, giving the current developer marketplace. Remember, Marriott controls the reservation system and their ability to change it at any time without notice is written into most GD's (governing documents) at their resorts. For example, the 13 month rule could go away for resale buyers. Inventory levels could reflect "special" inventory for developer owners. If they convert to points and/or an "internal" system, developer owners could receive more "trade power". The list goes on and on. None of that is happening now and it is entirely informed speculation by this writer. We own developer intervals and I would be just as angry as resale owners if Marriott took such steps, as such would devalue the product IMO, and perception is everything. Pat