FYU (First Years Use) is important for dues reimbursement purposes
Dues reimbursement (if applicable...y or n)
Who pays closing costs (buyer pays 99.5% of the time)
Please make sure that all of these items are covered in any written offer you may make.
Offer is either accepted, rejected or countered.
Once agreement is reached between buyer and seller, paperwork gets signed in counterparts electronically using Digisigner.
Title company receives the complete file, and initiates a ROFR request with Marriott who then looks at the complete price and terms and decides to either Exercise (buy) or Waive (pass). If they exercise, they cannot change any of the price or terms.
ROFR: Marriott, Disney, HGVC and others have Right of First Refusal Programs.
Designed to help the brand retain perceived value by holding the floor on prices
ROFR Process
Criteria used
Does a buyer lose money when a developer exercises their ROFR?
Not with True Timeshare Realty
Can’t speak to others
Hilton Head ROFR Statistics (Members only); graphs, charts
LEGACY WEEK BUYERS
Usually own at least one "Developer Week"
Buy Additional Inventory to take advantage of MVC's extended booking window.
Purchase Inventory for rental purposes
Legacy Week Buyers plan on visiting the same resort most or all of the time
Developers cannot oversell. That is why there are separate pools of inventory. One for Legacy Owners, the other for Points Owners.
MARRIOTT DESTINATION POINTS BUYERS
Purchase for as little as $2.75 per point
Are Adding Points to their existing Points Inventory to attain higher status perks
Have greater booking competition for available inventory
250 Destination Points are contained within each 'Beneficial Interest' purchased.
Can Purchase a Minimum of 1,000 resale points which equals four beneficial interests
Points can be banked and borrowed
Destination Points are deeded
LEGACY WEEK ~ PROS
Much easier to book at your resort than points owners
Lower Maintenance Fees
Owners of Lock-Off units are eligible to get two weeks of vacation each year for one maintenance fee.
LEGACY WEEK ~ CONS
It is trickier to book outside your own resort
If you want to use your resort outside your season, you must try to trade into through Interval International.
DESTINATION POINTS ~ PROS
Points are deeded
Points spend like currency. Easy to grasp the concept.
Unused points can be banked, borrowed, used or rented.
DESTINATION POINTS ~ CONS
Maintenance Fees are higher for Points owners
Much greater competition for booking inventory at all resorts
INTRODUCING: GO-GETTERS CLUB ™ by TRUE TIMESHARE REALTY llc
Member Benefits Include:
We have much greater access to available inventory than the public.
You Pay No Hidden Fees
We are a high volume, independent brokerage with Marriott Vacation Club experts on hand ready to help you.
You'll Save a Ton of Time, Stress and Frustration! ~ We'll do all the legwork!
You Pay No Upfront Fees!
Go-Getters have instant access to current market conditions and make smarter decisions.
