Are you a Marriott Vacation Club owner wondering if you can rent out your points? The answer is yes, but there are some important things to keep in mind before you dive in.
What is Renting Marriott Vacation Club Points?
Renting out your Marriott Vacation Club points means allowing someone else to use your allotted vacation time at a Marriott property. This can be a great way to recoup some of the costs of owning a timeshare or simply to share the benefits of vacation ownership with others.
Is it Legal?
Yes, renting out Marriott Vacation Club points is legal. However, it’s important to note that not all timeshare contracts allow for this practice. Before renting your points, make sure to carefully review your contract and any applicable state laws.
How Much Can You Earn?
The amount you can earn by renting out your Marriott Vacation Club points varies depending on several factors, including the time of year and the location of the property. On average, owners can expect to earn anywhere from $10-15 per point.
What Should You Consider Before Renting Your Points?
Before deciding to rent out your Marriott Vacation Club points, there are several things you should consider:
- Timeframe: When do you want to rent out your points? Is it during peak travel season or off-season?
- Pricing: What price are you willing to charge renters for your points?
- Renter Selection: How will you select renters?
Will you use a third-party broker or handle everything yourself?
- Risk: Are there any risks involved in renting your points? What happens if something goes wrong during someone else’s stay at the property?
How Do You Rent Out Your Points?
There are several ways to rent out your Marriott Vacation Club points, including:
- Third-party Broker: There are many third-party brokers who specialize in renting out timeshares. These brokers will handle all aspects of the rental process for you, but they will also take a commission fee.
- Online Forums: You can also try renting out your points on online forums such as RedWeek or Timeshare Users Group. These forums allow you to connect directly with potential renters.
- Social Media: Social media platforms like Facebook and Twitter can also be great places to advertise your available points and connect with interested renters.
The Bottom Line
Renting out your Marriott Vacation Club points can be a great way to earn some extra cash and share the benefits of vacation ownership with others. However, it’s important to carefully consider all aspects of the rental process before diving in. With proper planning and research, you can make the most of your vacation ownership investment.