Post reply

Re: "I am not dropping my price any further". (by KC):

keiths141 stated this (verbatim) in his initial post. ============================================= Unfortunately, the harsh reality of timeshare resales is that a smart buyer simply does not care what a seller may have paid originally, purchasing "developer direct". The informed buyer knows that the original purchase figure really has nothing at all to do with resale market value. In the resale market, there is only one question a careful and informed buyer asks himself / herself ---"What is the lowest price for which I can buy a week like this one in the resale market"?

If a resort is sufficiently new as to not yet be "sold out", there may be no "resale" history or figures available yet to use as a benchmark or reference point. In those cases (and in this economy) I'd still be willing to venture a very general guess that 50-60% of current developer pricing may very well be the best possible resale price scenario --- maybe considerably less, unlikely to be any more. I'd be delighted to be mistaken, but would readily take that bet.

Also, with Marriott there are certain (admittedly minor) benefits provided with a "developer direct" purchase which disappear once that purchase subsequently becomes a "resale". While these "benefits" are limited (use of points toward other applications, etc.) are not a particularly big deal (imho), the mere fact that they become no longer available in a resale purchase surely does not enhance the marketability of a Marriott resale.

I wish you luck. This is certainly a very, very difficult time to be in the position of looking for a "fast" resale of a developer direct purchase --- and also holding a hard line on a selling price. You may very well have to soften your position in the face of today's economic reality.

Have you had any conversation directly with Marriott? Although I frankly doubt it, they might entertain a negotiation for a "buy-back", rather than see one of their products being advertised and potentially sold resale at 50% of what they are selling weeks for developer-direct. It certainly can't hurt to at least ask...