Original Message:
Re: When asked what my Marriott Timeshare Portfolio is "Worth", what should I say? (by Dan S.):
Thanks for your reply. I took a look at EBAY and saw that many timeshares appear to be offered at a very low price. I am just wondering how it works with Marriott having the right of first refusal. If the owner is willing to except very little for their ownership, does the sale amount get run by Marriott and do they generally just try to beat that bid by a dollar to take it back at the very lowest cost? Or do they go above it, just knowing that they can profit substantially anyway, at a higher price? I would think listing it on EBAY, could just speed the process for Marriott to eventually take back inventory to be added into their Trust side ? Does anyone have an opinion as to the movement over to a points based system in terms of doing a better job of preserving the value of owners that elected the Destination Program? Having seen the EBAY listings, I would agree that the value would be a lot less than my initial guess of $40,000. Perhaps $20,000 is more realistic. For us, it pays to keep them and use them.