Are you an owner of Marriott Vacation Club points and wondering if you can sell them? The answer is yes, you can sell your Marriott Vacation Club points. However, there are several factors to consider before making the decision to sell.
Understanding Marriott Vacation Club Points
Marriott Vacation Club is a timeshare program that allows members to purchase points that can be used to book vacations at various Marriott resorts around the world. These points can also be used to exchange for stays at other vacation properties through Interval International.
The Process of Selling Your Points
If you decide to sell your Marriott Vacation Club points, there are a few different options available to you. One option is to sell them directly back to Marriott Vacations Worldwide. However, it’s important to note that Marriott only buys back certain types of ownerships, so not all owners will be eligible for this option.
Another option is to use a resale company that specializes in selling timeshare ownerships. These companies work similarly to real estate agents and will help find a buyer for your ownership. It’s important to do your research and find a reputable resale company before working with them.
- Factors That Affect the Value of Your Ownership
The value of your Marriott Vacation Club ownership will depend on several factors. These include:
Ownership Type:
The type of ownership you have will affect the value of your points. For example, if you have a more desirable ownership type such as a platinum or premier ownership, your points may be worth more.
Number of Points:
The number of points you have will also affect the value of your ownership. Generally speaking, the more points you have, the more valuable your ownership will be.
Usage Year:
The usage year refers to the time period during which you’re allowed to use your points each year. If your usage year is in high demand, your ownership may be worth more.
Location:
The location of your ownership is also a factor in determining its value. Properties located in popular vacation destinations will generally be worth more than those in less desirable locations.
Things to Consider Before Selling Your Ownership
Before making the decision to sell your Marriott Vacation Club points, there are a few things you should consider. These include:
Maintenance Fees:
As an owner, you’re responsible for paying annual maintenance fees. If you sell your ownership, you’ll no longer be responsible for these fees. However, it’s important to consider the amount of fees you’ve already paid and how much time is left on your ownership before deciding if selling is the right choice.
Tax Implications:
Selling your Marriott Vacation Club points may have tax implications. It’s important to consult with a tax professional before making any decisions.
Future Vacation Plans:
Selling your Marriott Vacation Club points means giving up access to the properties and destinations available through the program. Before selling, consider if you have any future vacation plans that would make use of these benefits.
In Conclusion
Selling your Marriott Vacation Club points can be a good option if you no longer wish to use them or need to recoup some of the costs associated with ownership. However, it’s important to carefully consider all factors before making a decision and to work with reputable companies when selling.