Selling Marriott Points

I have 1750 Marriott Point that i am looking to sell. Do not really know how to go about this. Any Help would be great. When we bought over 15 years ago it was for additional 5 day i know things have changed. I have not used them and I cannot find anyone to rent out to use the points. So my next step is selling.

Any one have any ideas I had read over many articles and I get more confused . In reading many people say Marriott will not buy back but they have the right of refusal which i really do not understand.

Any feed back would really be helpful.

THanks Pat Nasella

patrician224 wrote:

....i am looking to sell. Do not really know how to go about this. Any Help would be great. ........In reading many people say Marriott will not buy back but they have the right of refusal which i really do not understand.

First of all, the first rule is to never pay anyone an upfront fee to sell or rent out your unit. If you want to sell, it's important to know what the realistic, resale value of your unit is. You might have paid tens of thousands of dollars for it but resale, it's not worth nearly that much.

Marriott, like almost all other timeshare systems, do not have a program where they will buy back what you bought from them. Some might have a deed back program where they will take your unit back for free or might even charge you a fee to do so. You would have to contact Marriott directly or the Homeowners' Association of the resort where you own to inquire about a deed back. If your unit has some resale value, you can advertise it for sale here on RedWeek or other reputable timeshare websites such as E-Bay or Timeshare Users Group (aka "TUG"; tugbbs.com).

As for right of first refusal (ROFR), what that means is that if you find a buyer for your points or unit and agree on the price, Marriott can exercise ROFR if it feels the agreed-upon sale price is too low. If Marriott exercises that right, then it must buy that unit from you for the price you and the buyer had agreed upon. Keep in mind that ROFR is very rarely exercised. So either Marriott will buy it from you or let the other potential buyer buy it from you. Marriott cannot stop the sale if it does not exercise its ROFR. Keep in mind that many of these exit and cancel companies try to scare owners by saying ROFR allows timeshare companies to stop potential sales. That's not true. It just allows the timeshare company to buy it back at the price you agreed to sell it to the potential buyer for.

My question is - Can you sell your Marriott points on Redweek?

TIA

crickets

Hi Marcia, Yes. There are pages of MVC Points listed for sale through RedWeek. Just don't be too disappointed when you realize how much they are worth. There are many sellers willing to sell their MVC Points for less than $1 per point. Also realize, that Marriott will charge the new buyer $3 per point as a transfer fee. plus a $500 closing fee and a $95 FROR fee. Plus, once the sale is completed, the lucky buyer will have an annual "Club Fee" of $300 and maintenance fees are now about 81 cents a point. I wish you well.

marciak71 wrote:

My question is - Can you sell your Marriott points on Redweek?

TIA

Your best option, have it legally canceled by an attorney in that field. Marriott will not take it back!!! Stop throwing good money away cancel out. In the long run you'll save thousands.

I agree with you!

https://www.redweek.com/forums/messages?thread_id=50399&show_id=258944#fm258944

I would like to sell my 30 653 marriot points. How do I go about it please?

Thanks, Duke

I have 400,000 marriott points. What is their value if I sell them?

you have 400,000 vacation club points? Hotel points are worthless on the secondary market-eight cents each or something?

Selling can definitely feel confusing, especially when theres so much different advice online. I'd probably start by checking recent resale prices and talking directly with Marriott before making any final decision. Hope you find a good buyer and everything work out well. I also use a Click Per Second test sometimes, it helps measure how many mouse clicks you can do in a short amount of time and improve clicking consistency.