Suzette T.
can these be purchased on the secondary market and what benefit are they
Ask RedWeek
Marriott Trust Points
Suzette T.
Tracey S.
Yes they can be purchased on the secondary market but Marriott charges a hefty fee to "initiate" the points for the new owner. Currently the fees that go directly to Marriott to set up the points in the new owners account are: $500/Benficial Interest (i.e. 250 Points) with a minimum $3,000.00 Initiation Fee (increased as of 7/1/14 from $200/BI with a min $2,000) ; $300 Owner Education Fee; $95 ROFR Fee; $25/BI Transfer Fee; etc.
TUG (Timeshare Users Group) has a very good detailed FAQ section to the Marriott forum dedicated the the Destination Club. http://tugbbs.com/forums/showthread.php?t=197346
Suzette T.
I understand the owner education fee is waived for current owners. Is that true?
Tracey S.
Yes. If you are a current owner of trust points, you do not have to pay the $300 fee. All of the other fees would apply.
Suzette T.
what if i own destination and rewards points and am a week owner at Ocean Pointe?