Sometimes, we just can’t vacation as much as we’d like to anymore. But when you have a vacation ownership, this realization can be stressful. Between maintenance fees, annual dues, and paying off the timeshare mortgage, keeping a timeshare you’re not using grows a hefty price tag for little return. So, if you’re wondering how to sell your Marriott timeshare, or any timeshare for that matter, Fidelity Real Estate is here to help. Fidelity can help take your Marriott Vacation Club ownership off your hands with our resale market. With licensed real estate broker agents here to help you navigate the selling process, you can safely and securely sell your Marriott Vacation Club timeshare, avoid scammers, and make the most out of your ownership while you still have it.
- About Marriott Vacation Club
- Before You Sell Marriott Timeshare
- What if It's Time to Sell My Ownership?
- How to Sell Marriott Vacation Club with Fidelity Real Estate
- Getting an Offer on Your Marriott Timeshare for Sale
- How to Sell Marriott Vacation Club Timeshare — FAQ
- Avoiding Scams When You Sell Marriott Timeshare
- Contact Fidelity Real Estate to Sell Marriott Timeshare
About Marriott Vacation Club
Marriott Vacation Club is part of Marriott Vacations Worldwide, as is Sheraton Vacation Club and Westin Vacation Club. And as one of the largest hospitality brands, owners are in for a treat. Marriott owners love MVC for the vacation freedom and flexibility it provides. Not to mention, it boasts an impressive portfolio of over 60 resorts in highly sought-after destinations across the U.S. The points-based system, paired with the best Marriott resorts and fabulous Marriott Vacation Club destinations around the world, helps Marriott travelers make the most of their ownership. This way, you don’t have to visit the same resort each year. In addition, Marriott Bonvoy members have even more rewards to be earned through vacations.
Within the industry, there are a lot of different types of timeshares. When you become a Marriott Vacation Club owner, you purchase a deeded real estate interest at a home resort to pass on for generations. Marriott offers perpetual ownership, meaning your timeshare and the memories you make on vacation can last indefinitely. With Marriott timeshare, owners receive an annual allotment of points that replenish every year. Think of your MVC points as “vacation currency.” They can be spent, borrowed, or banked! This means that if you need to skip a year, you don’t have to lose all of your points. Alternatively, if you want to upgrade a certain trip, you can borrow points from next year to get the ultimate vacation. However, if you’ve decided that you no longer want to own a timeshare, you have options.
Before You Sell Marriott Timeshare
Now, before you sell Marriott timeshare and commit to no longer being an owner, there are a few options you should consider. It’s important you make the most out of your ownership and money spent before selling. This could be in the form of vacation exchange, sharing vacations with family and friends, or renting out your ownership. Explore options below.
Consider Vacation Exchange
If you’re simply tired of Marriott’s resorts, consider vacation exchange! In fact, Marriott Vacations Worldwide owns Interval International, one of the world’s leading vacation exchange platforms. So, you can trade your Marriott ownership for thousands of other resorts and hotels with other affiliate brands around the world. Not to mention, Interval International also offers discounts on cruises, as well as airfare and car rentals. So, if you still want to visit other resorts, hanging onto your timeshare for the Interval International membership may be worth it.
Share Your Vacations with Family and Friends
Additionally, skip trying to sell Marriott timeshare by offering your points to family members or friends. Maybe you can’t vacation one year and don’t want to waste the points. Then your family will get a great deal on vacation. Not to mention, you’ll feel better knowing your ownership went to good use. This could include letting them rent your points from you, which can help with paying your most recent maintenance bill. Or, you could even gift the timeshare to them.
What if It’s Time to Sell My Ownership?
If you are struggling with maintenance fees, it may be time to consider how to sell Marriott Vacation Club ownership. There are several ways you can sell Marriott timeshare. However, contacting Marriott for guidance is the first thing you should do. This way, you won’t run into any pitfalls. Marriott Vacation Club’s resale program features a team of Exit Specialists to answer your questions and help explore and determine the best option for you. The timeshare club may also provide resources on using your ownership to its fullest potential. What’s more, Marriott may buy back your timeshare if all the maintenance fees and the mortgage is paid off.
However, some owners also look to the secondary market when it comes time to sell Marriott timeshare. This is often with a licensed real estate brokerage who has an extensive and widely viewed resale market (like us). There are also advertising companies that market your timeshare for sale or rent.
How to Sell Marriott Vacation Club with Fidelity Real Estate
Selling Marriott timeshares doesn’t have to be hard. However, it’s important that you sell with a company that specializes in timeshares. Keep in mind that a traditional real estate agent that sells houses doesn’t usually sell timeshares. So, they may refer you to a specialized brokerage because the resale process can be complex to navigate. In fact, at Fidelity Real Estate, facilitating timeshare resale transactions is our forte.
Not only are we an accredited business, but we also offer a free one-on-one consultation at no obligation to you. Here, we’ll lay out the process and help you determine how much your Marriott timeshare is worth. Your agent will create a listing of your property for sale on the timeshare resale market, as well as recommend the going rate for your timeshare. However, as the owner, you set the selling price for your ownership and are 100 percent in charge of accepting or denying any offer that is received by your agent.
How to Sell Marriott Vacation Club Without Upfront Fees
Plus, with Fidelity, you can sell your timeshare without any upfront fees. We believe that we shouldn’t get paid until you do. So, check out this video to a bit about how the selling process works, as well as how to avoid common scams. We will also provide you with some helpful tips to get started on the right foot.
Getting an Offer on Your Marriott Timeshare for Sale
When you receive an offer, your Fidelity agent will contact you to go over the details and facilitate negotiations with the buyer. However, there are a few common negotiation points to remember. Factors that buyers look for include whether there is a reservation already made with your timeshare, when points will be available for use, or whether the current year’s points have already been spent. All of this may affect how much your Marriott timeshare is worth in the buyer’s eyes. Moreover, your agent will discuss the offer amount, transfer fees, and commission, as well as which party will pay for what. Still, you have all the negotiating power, and it’s ultimately up to you whether to accept an offer or decline.
After negotiations, and should you decide to accept the offer, your licensed timeshare real estate agent will write the contracts for you and the buyer to sign. This can be done electronically via a secure e-signature website, making it simple for out-of-state parties to move through the closing process quickly. Finally, all of the signed documents are sent to Marriott Vacation Club to go through the Right of First Refusal (ROFR). Then, you’ll be on your way to sell Marriott timeshare.
What Is the Right of First Refusal?
Before you sell your Marriott timeshare, it is crucial that you are aware of the the Right of First Refusal. The Right of First Refusal is written in every timeshare contract and gives the developer the right to review the sale before it closes. So, for instance, should Marriott choose, they can exercise the ROFR and step in as the buyer. This means that they accept all of the terms already negotiated and will instead buy your timeshare back for themselves. Essentially, the buyer will no longer be able to purchase your Marriott points. This is also intended to help combat timeshares being sold for far less than their real value.
However, if Marriott waives the ROFR, this means that Marriott is allowing the sale to continue between the original parties. The sale cannot continue until the ROFR is complete. This step in the process to sell Marriott timeshare is imperative and should be seriously considered when determining an asking price. Setting an asking price that is too high may discourage some buyers, but if it is too low, Marriott may buy it back anyway.
Title Transfer and Disbursing Funds
We’ve reached the final stage of how to sell Marriott Vacation Club timeshares! This last step follows directly after the Right of First Refusal. Now, the title company will transfer ownership from you to the buyer, collect and disburse funds, and officially relieve you of your timeshare. However, it is imperative that you continue paying your timeshare maintenance fees. Do not stop paying fees until you receive an official notification from Marriott that your ownership is legally transferred out of your name. Missing your fee payments could actually disrupt the sale process, as well as negatively affect your credit.
How to Sell Marriott Vacation Club Timeshare — FAQ
Need a quick review? No worries. Check out some frequently asked questions below so you understand how to sell Marriott Vacation Club timeshares.
Can I Sell My Timeshare Back to Marriott?
If you are in good financial standing, meaning you’re up-to-date on maintenance fees and have paid off your timeshare mortgage, Marriott may offer to buy back your Marriott timeshare points. Even if you are not in good standing with your ownership, Marriott can help guide you to sell Marriott timeshare and offer solutions to your situation. Simply give them a call to explore your options.
How Do I Get Out of Marriott Vacation Club?
Like we mentioned above, if you are wondering how to sell Marriott Vacation Club timeshare, you should first contact Marriott directly. They may have any options for you. Otherwise, you can sell Marriott timeshare on the resale market, gift it to a friend, or cancel it if you are within the state’s rescission period.
What Is My Marriott Timeshare Worth?
There are multiple factors that affect how much your Marriott timeshare is worth. Not every timeshare will sell at the same price. A week-based Marriott timeshare’s worth can be determined by its size, resort location, deeded season, deeded view, and whether the timeshare is annual or biennial. If you have a points-based timeshare, the worth can be determined by the number of points you get yearly, how many points you bank or borrow, and your use year. But make it easy on yourself with our help. When you reach out to Fidelity, your agent will give you an estimate of what Marriott timeshares like yours sell for on the resale market.
Who Will Buy My Marriott Ownership?
There are many buyers out there looking for available Marriott timeshare resales. Keep in mind that although you can sell Marriott timeshare ownership, it is highly unlikely that you will get back what you paid for it. Timeshares are not a financial investment, and their resale value is likely to decline, much like it would for a car or other luxury items. As a result, it’s important to keep your expectations realistic. Prospective buyers look to the resale market to save money and experience many of the same benefits of buying retail. But no fear; as a top vacation club, Marriott is highly popular, and there are plenty of potential buyers out there.
Avoiding Scams When You Sell Marriott Timeshare
Selling your Marriott timeshare on the resale market is a great option. This is because MVC is one of the best vacation clubs out there, with buyers constantly looking to make a purchase for less. However, it can be difficult to find a legitimate timeshare resale company you can trust. There are many wolves in sheep’s clothing out there. So, keep these points in mind when you are considering selling your Marriott points on the resale market.
Timeshare Cancellation or Exit Companies
Timeshare cancellation companies, or exit companies, commonly prey upon owners. These companies are usually a team of lawyers that will confidently assure you that they can successfully “cancel” your timeshare contract. However, this is highly unlikely. Just like the deed to a house can’t simply be “canceled,” neither can the deed to a timeshare. What’s more, these companies will typically require you pay a steep upfront fee, as well. In reality, a successful “cancellation” may put you in foreclosure on your ownership. This will harm your credit and go on your credit report, which may hurt you in the future.
Extremely High Upfront Fees
First things first, you should never pay thousands of dollars in upfront fees to sell Marriott timeshare. Whether you are contacting a cancellation company or a “broker” reaches out asking for a fee upfront, be cautious. Normally, the buyer will pay closing costs when writing contracts for sale and purchase. So, unless you have negotiated otherwise, you should not have to bring money to the table.
In some cases, advertising companies will take a nominal advertising fee. This is merely to market your property for sale. Some owners would rather pay an advertising company so they have more freedom and control of the asking price, as well as choosing a brokerage to handle the closing.
Out-of-the-Blue Buyers
So, you weren’t necessarily looking to sell Marriott timeshare. However, you got an out-of-the-blue phone call from someone who claims to have a “buyer” waiting. What do you do? We recommend that you use caution when you receive unsolicited calls concerning your timeshare! Be aware that this is likely a scam, especially if the offer is more than what you originally paid for or is an unreasonably high offer. These sorts of resale scams will claim that they have a buyer ready but will request an upfront “wiring fee” or “transfer fee” of some kind.
Again, you should never have to pay an upfront fee for transferring or selling your Marriott timeshare. The caller will likely take the money and transfer it into a shell company, what we call a “Viking ship,” then completely disappear. It is also important to note that it is against the law for brokerages like Fidelity Real Estate to call you unsolicited. So, if you are getting calls, this should be your first sign that something isn’t right.
Sell Marriott Timeshare and Avoid Scams
Want to learn more about how to sell Marriott Vacation Club timeshares safely on the resale market? Then check out our video, “Timeshare Scams and How to Avoid Them.”
Contact Fidelity Real Estate to Sell Marriott Timeshare
If you’re considering selling your Marriott timeshare, contact our licensed agents at or email us at team@fidelityresales.com. We have helped timeshare owners just like you navigate the timeshare market to sell their timeshare ownerships to interested buyers for over 20 years. We’re also an accredited business with an A+ from the Better Business Bureau. Plus, as a member of ARDA, we follow a strict set of ethics that helps to keep everyone in the industry safe. Please don’t hesitate to reach out to us if you have any questions about Marriott timeshare resales or anything else about the timeshare industry. Our licensed agents are always happy to help with a free consultation.
