I want to. sell my Marriott timeshare. I don’t hold a mortgage on it. I pay an annual fee of $1400. My deeded week is platinum, is lifetime and can be passed on after death. Marriott no longer offers this option. I’ve been an owner for 17 yrs. The timeshare no longer fits my life style.
Any suggestions? Timeshare Companies want $1500 upfront, before they sell.
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Hi, We too had a Marriott Timeshare. We ended up calling Marriott and they sold it for us. We didn’t make a whole lot of money after owning in for many years, but we felt it was the most reliable way to do it without being ripped off by someone we didn’t know. Try calling Marriott and they can get you to the right department. And Good Luck with your sale.
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What is it like to own a Timeshare? Is it everything you thought it would be? Is it expensive?
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@mskimberly, my cousin and his wife used to own a timeshare, and at first, they loved it. But it got to be hard because many of the people didn’t want to stick to their scheduled period of time, or didn’t want to pay their part. For my cousins, it was ALMOST a move to bankrupt them. They ended up finding a person who wanted to take their timeshare over after they had had it a couple of years, and they sold it for a small profit. They were lucky. We ourselves almost bought one, but we were talked out of it. Some people love it, and some just don’t. So, I would recommend you read ALL the paperwork, talk to some who have owned them or still DO own them, and see how they feel about them and get the pros and cons. It’s almost like “greek” to me! I hope and will pray you come to the correct decision.
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We loved having the Marriott Timeshare? They are all decorated very similarly so no matter which property you were at it felt so very familiar. They are always located in great spots. However there is a maintenance fee we paid each year. As the person who was looking to sell mentioned, the fee was about $1400 a year. Once we retired we decided that the $1400 a year should be spent elsewhere. Once you learn how to use the program they have you can trade to go so many places. If you can afford that it really is wonderful. We had St. Thomas timeshare and we would go for 2 weeks in the late fall. So fabulous. Hope this helps.
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AverageJoe posted:
@mskimberly, my cousin and his wife used to own a timeshare, and at first, they loved it. But it got to be hard because many of the people didn’t want to stick to their scheduled period of time, or didn’t want to pay their part. For my cousins, it was ALMOST a move to bankrupt them. They ended up finding a person who wanted to take their timeshare over after they had had it a couple of years, and they sold it for a small profit. They were lucky. We ourselves almost bought one, but we were talked out of it. Some people love it, and some just don’t. So, I would recommend you read ALL the paperwork, talk to some who have owned them or still DO own them, and see how they feel about them and get the pros and cons. It’s almost like “greek” to me! I hope and will pray you come to the correct decision.
@averagejoe, I am not even close to buying a timeshare, but I am very curious about them. Over the years, people would be invited to events and decline because they feared that it was all about someone trying to sell them a timeshare. The way people talked about it, it sounded like something to avoid. I knew just a little about it. People share a property, and everyone pays into it. The problem I would have with that is the idea of sharing a property with others who may not have the same values or goals I do. They may be destructive. I also do not have the option of just going there some weekend when I feel like it. Financially, I am nowhere near being able to afford something like that.
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Sharon S Metz posted:
We loved having the Marriott Timeshare? They are all decorated very similarly so no matter which property you were at it felt so very familiar. They are always located in great spots. However there is a maintenance fee we paid each year. As the person who was looking to sell mentioned, the fee was about $1400 a year. Once we retired we decided that the $1400 a year should be spent elsewhere. Once you learn how to use the program they have you can trade to go so many places. If you can afford that it really is wonderful. We had St. Thomas timeshare and we would go for 2 weeks in the late fall. So fabulous. Hope this helps.
@sharon.s.metz How many people share the cost of one property and how much does it cost to own that share? How many times a year do you get to use it? Do you find it really cheaper than if you would rent?
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@mskimberly I totally understand. That’s one reason it almost led my cousins into bankruptcy. Some of those who shared the property were very destructive, obnoxious to neighbors, and some were even stealing from area businesses and were taken into custody in that timeshare. They got out of theirs, and I’m thankful they did. It wasn’t worth what they paid in grief, though the property itself was quite a beautiful spot. I think now they are using things like Air BnB. I haven’t ever tried either one, timeshares or Air BnB, and I don’t think I intend to. My wife and I have attended MANY of those “invitations” from friends and got stuck listening to a presentation on timeshares, but we finally learned to screen for what kinds of things would be happening at “get togethers”. 
Hope you are enjoying the full moon at night and the change of seasons.
AverageJoe
Everything I have seen over the years makes me very cautious. I would even be uncomfortable with Air BnB. Yes, I have been enjoying the moon and the cool brisk air. Hope you are, too.
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MsKimberly posted:
Sharon S Metz posted:
We loved having the Marriott Timeshare? They are all decorated very similarly so no matter which property you were at it felt so very familiar. They are always located in great spots. However there is a maintenance fee we paid each year. As the person who was looking to sell mentioned, the fee was about $1400 a year. Once we retired we decided that the $1400 a year should be spent elsewhere. Once you learn how to use the program they have you can trade to go so many places. If you can afford that it really is wonderful. We had St. Thomas timeshare and we would go for 2 weeks in the late fall. So fabulous. Hope this helps.
@sharon.s.metz How many people share the cost of one property and how much does it cost to own that share? How many times a year do you get to use it? Do you find it really cheaper than if you would rent?
Well, it’s a Marriott you get what you pay for. Your paying for the amenities they offer, guaranteed. Renting on a daily basis is way more expensive.
