Just Put A Low-Ball Offer On A Marriott Custom House

[Beaglemom3]

I have no shame, no shame whatsoever.

Decided to roll the dice on a Marriott Custom House, but not from Marriott.
As much as I'd like to have those great Marriott points, I'd rather have the cash in pocket.


If accepted (very doubtful), it will probably not pass ROFR.


Here's my secret shame:

Marriott CH Platinum Week (19-46)
Asking $13.5k (has been for sale for over a year)
El-cheapo here offered $9k hoping for a counter offer.

Any advice on strategy ?

If I get it, great. If not, nothing ventured..................... (like I don't have enough timeshares !)

Thanks !

[wackymother]

Is that a very very lowball offer? It doesn't seem so bad to me.

[Beaglemom3]

Oopsie, I thought it was.

From my off/on searching for one over the years, I think it is ????

[wackymother]

No, I don't know, I really am asking.

What do they actually sell for? I don't see them on eBay very often, so I assume the resale market isn't that active yet--aren't they fairly new?

I don't think offering $9k on ANY $13.5K timeshare that's been on the market a long time is insulting. It's worth a shot, especially if you're willing to come up.

[arlene22]

I got my Manor Club with a lowball offer and it passed. Maybe yours will too. What is the retail price? I think I've heard people say that the ROFR is usually triggered somewhere around 60% of the retail price.

[dougp26364]

I haven't priced Custom house but I think there's a reason it's been on the market for over a year at 13.5K without any takers. 9K doesn't sound all that low to me for a 1 bedroom unit, even if it does have a good/great location on Boston.

Now if you said you offered 4 or 5K I might agree you really gave them a low ball offer. If it's been on the market for over a year, I would like to think they'll accept your offer. There's a Marriott ROFR website someone has up but, I'm at work now and don't have the adress. I'll try to remember to look it up and post it for you later tonight.

[wackymother]

There was a $10.5K one offered on Redweek that's been sold. Don't know if it made it past ROFR, or if it was Platinum, but it was offered for $10.5K, so I don't really think you're too far off the real market value. Hope you get it!

[tonyg]

I'm not well versed on Marriott prices, but I think you made a very good offer and I would not suggest going any higher.

[GrayFal]

If your seller would accept the offer, or even $500 more - I think it would pass ROFR....actually, pm Dave M and ask if this resort even HAS ROFR - it may not.

[dougp26364]

Here's the link to the Marriott ROFR site.
ROFR

Unfortunately, there is no information on Custom House. Perhaps you could be the first to enter information for this particular site.