If you’re a Marriott Vacation Club owner, you may be wondering whether you can sell your vacation club points. The answer is yes, but with some limitations and conditions. In this article, we’ll take a closer look at the rules and regulations regarding selling Marriott Vacation Club points.
What are Marriott Vacation Club Points?
Marriott Vacation Club is a timeshare program that allows owners to purchase points that can be used for stays at Marriott’s vacation properties. Depending on the size of the unit, location, and time of year, the number of points required for a stay can vary. Points can also be used for exchanges with other timeshare programs.
Can Marriott Vacation Club Points Be Sold?
Yes, Marriott Vacation Club points can be sold. However, there are some restrictions and guidelines to follow:
- The resale of Marriott Vacation Club points must comply with applicable laws and regulations.
- The sale must be made through an authorized reseller or broker approved by Marriott.
- The buyer must meet all eligibility requirements for ownership in the Marriott Vacation Club program.
- Maintaining ownership in good standing is required throughout the entire sales process.
It’s important to note that selling your vacation club points may not always result in a profit. The resale market for timeshares can fluctuate based on supply and demand, location, seasonality, and other factors.
What’s the Process for Selling Marriott Vacation Club Points?
To sell your Marriott Vacation Club points, you’ll need to follow these steps:
- Contact an authorized reseller or broker approved by Marriott.
- Provide details about your ownership and ask for a valuation of your points.
- If you agree to the valuation, sign a listing agreement with the reseller or broker.
- The reseller or broker will market your points to potential buyers.
- If a buyer is found, you’ll need to sign an agreement and transfer ownership of the points to the buyer.
- Once the transfer is complete, you’ll receive payment from the buyer minus any fees or commissions charged by the reseller or broker.
Conclusion
If you’re considering selling your Marriott Vacation Club points, it’s important to do your research and work with an authorized reseller or broker approved by Marriott. By following the guidelines and restrictions outlined by Marriott, you can ensure a smooth and legal transaction. However, keep in mind that selling your vacation club points may not always result in a profit and may require patience in finding a buyer.