Original Message:
Re: Resale Woes.... Orlando Sentinel Article Dec.17,2007 (by L M.):
We are Marriott owners and were recently offered the "opportunity" to purchase a week at the NEW resort to be built in Orlando in 2010.
When we said we would consider it if they would buy our week at a current market resale value (developer cost minus the 40% commission they take) we were told that we would be offered current market minus 60%.
Somehow this just didn't seem like a very good deal to us. From what we have seen in listings, we could sell on resale market for 50% of current market and that is fair.
I don't think Marriott is concerned about resales. Even when it would net them a new sale. Yes, there would have still been a difference we would have had to pay towards the new unit. I would have to agree that it was all a marketing BS session.