The world of timeshares can seem to be complex and overwhelming for prospective buyers, but with a little knowledge, it’s easy to demystify the industry. One questions that our clients often wonder about in this landscape is how Marriott Vacation Club’s Biennial Weeks work. This concept could provide an excellent vacationing solution for many, especially those who wish to either travel less than every year, or those travelers interested in own at multiple home resorts.
In this article, we will delve into what a biennial legacy week with Marriott Vacation Club entails, how the maintenance fees work, and the flexibility offered by owning one or more of these deeded week ownerships. Let’s dive in!
What Is A Biennial Week?
A biennial week with Marriott Vacation Club refers to a timeshare ownership where the owner has access to their unit at their deeded home resort every other year instead of annually. This is an attractive option for those who don’t need or want to vacation every year but still want the perks and benefits of owning a timeshare.
There are two types of biennial ownerships, odd-year and even-year:
Even Year Usage
As implied by their names, even-year owners can use their weeks during even-numbered years and can be used in years ending in an even number; 0, 2, 4, 6, or 8.
Odd Year Usage
While odd-year owners can use theirs during odd-numbered years which means it can be used in years ending in an odd number; 1, 3, 5, 7, or 9.
Billing Schedule Of Maintenance Fees
One of the key factors to consider when purchasing a timeshare is the maintenance fee that is paid by the owner to maintain and operate the property. With Marriott Vacation Club’s biennial weeks, the maintenance fees are billed every year, but the owner will pay 50% of the costs each year.
The biennial structure could lead to significant savings for those who don’t plan on vacationing every year.
Initial Purchase Price On The Resale Market
When it comes to purchasing a Marriott Vacation Club week with biennial usage rights, one avenue that prospective buyers should consider is shopping for their ownership the timeshare resale market. This is where current owners sell their timeshares directly to potential buyers, often at a significantly reduced price compared to buying directly from Marriott.
The resale market can be a goldmine for those looking for biennial ownerships. As these ownerships typically sell for a less than a comparable ownership that features annual usage. This situation creates an excellent opportunity for buyers to acquire these every-other-year weeks at an incredibly affordable cost.
By doing your due diligence, you can find great deals on Marriott Vacation Club Biennial Weeks on the resale market, saving thousands of dollars on the initial purchase price. This can make owning a timeshare more affordable and accessible for many vacationers.
Purchasing Differing Home Resorts
Marriott Vacation Club offers a great deal of flexibility when it comes to choosing your home resort. With owning multiple biennial weeks, you have the ability to purchase different home resorts that alternate each year.
This means that if you own an odd-year timeshare at one resort, you could purchase an even-year timeshare at a different resort. This way, you can enjoy a vacation every year, but at alternating resorts, differing unit sizes, differing seasons or differing views as well.
Of course, all Marriott Vacation Club deeded weeks retain the ability to exchange with Interval International, which affords the owner access to over 1,000 additional timeshare resorts, including priority trading with all other Marriott Vacation Club resorts.
Learn More About Marriott Vacation Club
Marriott Vacation Club’s Biennial Weeks offer a unique and flexible approach to timeshare ownership. By understanding how these every-other-year weeks work you can make an informed decision about whether this type of timeshare ownership is right for you.
If you have any remaining questions about how Marriott points work, we have a vast back catalog of Marriott articles that cover a wide range of educational topics like advanced usage guides, the latest Marriott news, and expert buying or selling tips.
If you would like to learn more about the process of selling your Marriott timeshare or buying a Marriott resale, please contact us today. Our licensed agents are standing by to answer any questions you have, and offer guidance based on their many years of specializing in Marriott resales.
