I have tried to sell my Silver 3 bedroom week back to Marriott and they state they currently are not buying any. Originally when I bought it, they said they had to be 95% sold out before they would sell or buy mine. I cannot believe after 10 years they are not 95% sold out as this is a great unit. This is my first attempt to go outside of the system and need advise on pricing, advertising, etc. Can you help?
I have the same question davidb 1350 does below. I have a Gold Holiday 2 bedroom and Silver 3 bedroom in Marbella I am attempting to sell. How do I get credible recent Sales Data on what these Units are worth. I can get numbers from Realtors, but they don't supply sales data like the the traditional MLS process would do. Thanks.
OK, I have a serious offer to buy our week. I must contractually notify Marriott, which has the right to scotch the deal and buy the week back within 30 days, but apparently they have not shown any previous interest in doing so. So, how do I proceed next? Notify Marriott of the intent to sell to a 3rd party? Get a signed sales contract? Accept a deposit via the Escrow co.?
It's common knowledge that around 60% of what you pay is to cover the sales and marketing costs for the developer when you purchase direct. After all if only 1 out of every 10 presentations buy then the buyer ends up covering the costs for the 9 that don't. When resorts offer these cheap £200-£300 3 night packages with a car included it is costing them a lot more than this to get the client in front of a sales person.
That's why Resales make so much more sense as you can save up to 70% off the upfront joining costs. Many sellers have had value for money already or just don't use it anymore and want to sell before the next maintenance fee is due.
mitab wrote:Do u think Marriott conned us during presentations?
