Might someone be able to explain what the potential downside is purchasing (not renting) Destination Club points from a private seller as opposed to going through Marriott? We are looking to possibly add on to our point inventory if the right deal came along. Thanks. Have been reviewing the postings here for some time but didn't join until today.
No real downside the way MVC is currently treating them, as long as you pay the “junk fees” to MVC to open up the points to unrestricted access. The junk fees amount to basically $2 per point. So if you are buying them from another owner for… say $5 per point (I used that number as there have been several reports of MVC triggering ROFR in the mid $4/point range), and after paying MVC their $2 per point, you are into the points for $7 per point plus closing costs. As long as you understand that, the points should be treated just like any other points. If you don't pay the junk fees, your points can only be used to book inventory within 60 days of check in. One caveat worth mentioning, some have interpreted the documents to allow MVC the ability to restrict usage of resale purchased trust points from booking things in the Explorer collection, and also perhaps from exchanging them for Marriott Reward (hotel) points. So far, they don't appear to be adding these restriction on resale points, but some would argue that in the future, they likely could if they wanted to. Figured that was worth pointing out.
Thank you for that explanation. Unless the points were really being sold at a low price I probably wouldn't bite as we have 13,000 points and are grandfathered into the “Chairman's Club” and it appears that we can rent points here when we need them, particularly for use in December when others are finding it necessary to dispose of unused points for whatever the market will bear. Since we're somewhat flexible in scheduling in December it would seem that between the 30% discount availability and the ability to acquire rented points, we could construct some good bargains. We are told that if you're flexible you and are looking 60 days out you can generally find availability – does this jive with your experience? Thanks again.