Purchasing Abound Club points on the resale market can be a cost-effective way to enjoy the flexibility and benefits of vacation ownership. However, understanding the associated costs, including transfer fees, escrow fees, closing costs, and annual fees, is essential for making an informed decision.
This article provides a detailed breakdown of these expenses and includes an interactive calculator to help you gain insight on the total cost of your purchase.
Using the Calculator
To use the calculator, simply input the following:
- Number of Points: The total number of points you are purchasing.
- Cost per Point: The price you are paying per point.
The calculator will then provide:
- Purchase Price: Calculated by multiplying the number of points you’d like to purchase by the cost per point.
- All Transfer and Closing Fees: A calculated breakdown of all associated fees.
- Grand Total: The total purchase price including all costs needed to transfer the ownership.
- Annual Maintenance Costs: The estimated annual maintenance fee that owners will pay each year.
Marriott Abound Points Resale Calculator
How the Calculator Works
The Marriott Vacation Club Points Resale Purchase Calculator allows prospective buyers to input the number of points they are purchasing and the cost per point. The calculator then totals all associated fees, including:
- Marriott-imposed fees: Transfer fees, Right of First Refusal (ROFR) waiver fees, and enrollment fees.
- Escrow and closing costs: Fees required to employ a third-party closing company who will hold the buyer’s funds in escrow, and work directly with Marriott to ensure the transaction is completed according to the signed purchase agreement.
- Annual maintenance fees: Ongoing costs to maintain the quality of Marriott resorts.
This tool is designed to provide a clear picture of the total investment required for purchasing points on the resale market.
Key Costs to Consider
Initial Purchase Price
The cost of Marriott Vacation Club points varies depending on whether you purchase directly from Marriott or through the resale market. Resale points are significantly cheaper, but buyers on the secondary market do need to pay the transfer and closing costs. All in all, generally Marriott Abound Club Points cost about 50-60% less when compared to buying directly from Marriott.
Marriott-Imposed Fees
When purchasing points on the resale market, buyers are responsible for several fees, including:
- Transfer Fee: $25
- Right of First Refusal (ROFR) Waiver Fee: $95
- Enrollment Fee: $750 per beneficial interest (minimum $3,000)
If you’d like to learn everything you need to know to navigate Marriott Vacation Club’s Right of First Refusal, including how to successfully buy, sell, or transfer a Marriott timeshare on the resale market, check out our article here – Marriott Vacation Club Right Of First Refusal: Resale Buyers & Sellers.
Escrow and Closing Costs
These fees cover the legal and administrative costs of transferring ownership. They typically range from $430 to $710, depending on the purchase price. Here is a breakdown of the closing costs for the third-party closing company we use for our client’s transactions.
| Sales Price | Closing Fee |
|---|---|
| Up to $5,000 | $395 |
| Up to $10,000 | $430 |
| Up to $15,000 | $465 |
| Up to $20,000 | $500 |
| Up to $25,000 | $535 |
| Up to $30,000 | $570 |
| Up to $35,000 | $605 |
| Up to $40,000 | $640 |
| Up to $45,000 | $675 |
| Up to $50,000 | $710 |
Annual Maintenance Fees
Maintenance fees are calculated based on the number of points owned. Currently, the fee is $0.81480 per point. These fees are an important part of maintaining the high standards of Marriott resorts.
How Many Abound Club Points Points Do I Need?
When determining how many Abound Club Points you will need, there are a few factors to consider such as travel frequency, preferred resorts, and desired membership benefits.
If you’d like to learn how to approach this question with expert advice, our no-nonsense guide that educates you about every factor to consider: How To Determine How Many Marriott Vacation Club Points To Buy.
Benefits of Buying Resale Points vs Directly from Marriott
Purchasing Marriott Vacation Club points on the resale market can offer significant savings compared to buying directly from Marriott. Plus, there’s no difference between buying Abound Club Points (formerly called Destinations Club Points) through the secondary market or directly from Marriott. All ownership rights and benefits are retained, offering full flexibility and club access regardless of purchase method.
Also, if you’re an existing owner, purchases made on the resale market raise your membership level, which counts toward the total number of points used to determine your benefits. Higher membership levels can open up a handful of really useful features including:
- the ability to book 13 months in advance
- higher limits for exchanging Abound Club Points for Bonvoy Points
- last-minute reservation discounts – use up to 30% fewer points for travel 60 days or less prior to arrival
- the ability to bank unused points for up to 2 years
- extended banking deadlines
- and much more!
Conclusion
Our Marriott Vacation Club Points Resale Purchase Calculator is a useful tool for anyone considering buying Marriott points on the resale market. By understanding the total costs involved, prospective buyers can make informed decisions, which we find ultimately leads to a greater sense of empowerment for our clients throughout the buying process.
Whether you’re a first-time buyer or an experienced owner, this calculator demystifies the process and is just one part of helping you achieve a lifetime of memorable vacations. We hope it helps you gain more transparency into the process of purchasing Marriott points on the resale market!
