Original Message:
When asked what my Marriott Timeshare Portfolio is "Worth", what should I say? (by Dan S.):
My wife and I are very satisfied with our Marriott Portfolio and have no plans to change it. We are curious to know what it is worth. Is a good way to look at it, to take the current ask prices for resales direct from Marriott and then deduct what their fee would be to sell it.......I have read here that it is 40%.............or is a more accurate measure to look up each on Red Week and figure it out that way. I believe a Red Week sale would not involve a commission, however, Marriott retains the right of first refusal to re-acquire them from us. We own Marriott Desert Springs 1 in California, Ocean Pointe in Florida,.....each are 2 BR, Platinum Season and then we also have two Every Other Year.......Grande Chateau in Las Vegas and Beach Place Towers in Ft. Lauderdale..........these are also Platinum Season and each has lock off. We also have 2500 Trust Points, so that the entire portfolio qualifies for Premier Plus. Our purchase price to acquire was about $83,000. In Destination Points we are now recognized for having about 13,300 per year. My very rough guess would be that the portfolio is worth about $40,000....as long as we didn't have to offer any of these up as a distressed sale. I would like others to chime in and offer a perspective. Just curious.......we love the lifestyle the program has afforded us and built this for a relaxing and interesting retirement. Would it be unrealistic to think that Marriott would pay us $40,000 with their right of first refusal?