Marriott Vacation Club Resale Value: What’s My Marriott Timeshare Worth?

Whether you’re a current Marriott Vacation Club (MVC) owner who is looking into selling their ownership, or you’re looking into purchasing your first Marriott timeshare on the resale market, learning how Marriott timeshares retain their value when sold on the secondary market should be one of the first steps you take. In this article, we’ll be learning about how well Marriott timeshares retain their value on the resale market, comparing their resale value to the retail prices found at Marriott’s timeshare presentations, and providing with you some insights on determining the value of Marriott timeshares on the resale market. Let’s dive in!

What’s My Marriott Timeshare Worth?

In order to answer the question of how much your Marriott timeshare can be sold for on the resale market, we must first understand exactly what is owned. Currently, there are two different timeshare products that are sold under the Marriott Vacation Club brand, a weeks-based fixed or floating week that is deeded to a specific resort during a specific season, and a points-based ownership that allows owners to access any of Marriott’s timeshare resorts by owning access to the MVC trust.

When speaking about weeks-based Marriott timeshares, deeded week owners who purchased their week prior to June 20th, 2010 were allowed to enroll in what was formerly referred to as the Marriott Destinations Club Exchange Program (now rebranded to the Abound program). This allowed an owner of a deeded week to convert their week, and a year-to-year basis, into a specific number of Marriott Vacation Club points. This now leaves us with three separate situations to address all of the Marriott owners out there who would like to determine their resale value. Let’s explore each of these situations.

The differences in these categories becomes important when it comes to determining the value of your Marriott timeshare on the resale market. It’s important for sellers to know what they can offer buyers, and likewise, it’s important for buyers to understand what usage rights and benefits they are purchasing.

Deeded Fixed / Floating Weeks

With fixed or floating week ownership, all the benefits will transfer to your new resale owner so this is an excellent point for sellers! This includes your deeded view, season, unit size, as well as the ability to exchange with Interval International.

Abound / Destinations Club (Points-Based System)

For owners who purchased their Destination Club points through Marriott directly (did not convert a week to points), all the benefits will transfer to the new owner on the secondary market.

Week Converted To Destination Points

For owners who have converted a week into Destination points, the ownership will revert back to the original week you were deeded to upon transferring the timeshare on the secondary market. This is extremely important to understand, as you will not be able to market your timeshare as a points-based Destinations Club membership. Even if you are currently enrolled in the Abound or Destinations Club Exchange Program, a buyer on the resale market will not be able to re-enroll after the timeshare has been transferred as the new purchase date will be after the June 20th, 2010 cut-off date. From the buyer’s perspective, these converted ownerships will be purchased as a deeded fixed or floating week.

Determining The Resale Value Of Your Marriott Timeshare

If this is your first experience with the resale timeshare industry, it would be highly beneficial to contact a Licensed broker who can help you understand what timeshares like yours are selling for currently. Many reputable brokers offer free consultations with no obligation to list with them, and can save you hours of research. If you’d like to understand how the experts determine the resale value of a Marriott timeshare, let’s take a closer look at how to derive the resale value for each of Marriott’s timeshare products.

One of the best starting places for gaining an understanding of resale value would be to put your buyer’s hat on, and shop for listings that match the attributes of what you own to see what your competition will be. When looking at competing resale listings, there are a few factors to keep in mind to make sure those listings are a good match for comparison’s sake. Let’s take a look at the main factors that determine a Marriott timeshare’s resale value.

Marriott’s Right of First Refusal

Right of First Refusal (ROFR) is a contractual clause that is built-in to most Marriott ownerships which states that Marriott may have the option to purchase a property back from their timeshare owners, before allowing the owner the ability to sell to a third party on the resale market. This buy-back price can determine a floor for the lowest price that a resale buyer can offer, before Marriott simply buys the ownership back from the existing owner. So, in a way Marriott’s ability to exercise their rights to purchase the timeshare out from under a resale buyer does influence the resale value of Marriott timeshares.

We wrote an in-depth article on Marriott’s right of first refusal process. If you’d like to know all the details, as well as which resorts are exempt, you can read our article here: Marriott Right Of First Refusal: Resale Buyers & Sellers.

Avoiding Up-Front Listing Fee Scams

By going through the process of looking at competing resale listings, many owners will find that resale values can be much lower than the price they paid when buying it directly from Marriott. While this discovery can be an emotional process, it’s important to be armed with the accurate information in order to avoid being taken advantage of by the many scams that can be found in the resale industry.

There are many dishonest companies that will tell you that your timeshare is worth much more, but all will accompany their optimism with demands of up-front fees. We’ve seen too many cases where a seller has paid that up-front listing or marketing fee, only to later find their listing is priced way above market value and is not competitively placed to realistically sell the ownership. All the while, this owner is continuing to pay their maintenance fees, and seeing no results. Ultimately, many of these sellers end up doing the due diligence they should have prior to paying an upfront fee, and find they are back to square one with sometimes thousands of dollars in fees lost.

No reputable broker or reseller will ever charge you an up-front fee, whether it’s listing costs or marketing fees, never pay up-front. Once the timeshare has been sold, your broker will be paid from the proceeds of the sale. If they can’t produce results, they should not be paid. This ensures your interests are exactly aligned with the people you hire to sell your Marriott timeshare.

Any Remaining Questions?

We hope this article has been helpful in clarifying how to determine the resale value of a Marriott timeshare, and provides you some of the details to make an informed decision about selling your vacation ownership. As always, seeking more information for such a large transaction is a wise choice. If you have any remaining questions about your resale value, or would like to learn more about the process of buying or selling your Marriott timeshare, please contact us today.

Whether you’re ready to sell immediately or are just beginning your research, our licensed agents are always happy to answer any questions you have!