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Re: Re: Marriott right of first refusal (by Dan P.):

Marriott charges several fees when MVC Points are sold (transferred) between seller and buyer. Those fees include $500 processing fee, $95 ROFR fee; and a transfer fee of $3 per point. So, if you are selling 2,500 points the transfer fee alone is $7,500. Marriott has also raised their maintenance fees considerably over the past 10 years. Currently, the maintenance fees average approximately 81 cents per point. So, on 2,500 points the maintenance fee would be approximately $2,025. I've seen many listings on RedWeek where sellers are offering their MVC Points for less than $1 per point. If you were to purchase MVC Points directly from Marriott they are charging approximately $16 per point. Just understand... that the MVC Points will be worth almost NOTHING whenever you want to sell them. So, be wise when considering purchasing MVC Points directly from the resort. As far as the ROFR, I do not know how many of these points are bought back by Marriott. My thinking is... as long as they are making an additional $3 per point on resales, and they probably have a nearly unlimited supply of points to sell, they will probably let the sale go through on most of these re-sales.

Johne818: Your post is confusing. You stated that Marriott exercised their ROFR. If that is true, then your original buyer is off the hook. The closing costs are between you and Marriott (who is now the buyer). Why is Marriott charging you $3,000?

johne818 wrote:

I am selling 2500 MVC destination Points, I had a buyer who offered $5000 plus he would pay closing and transfer cost. Marriott exercised their ROFR on the sale. The buyer is supposed to pay closing costs, but now when the escrow paperwork come in they will only pay$500 and expect me to pay $3000! any advise Please!