Report Abuse

What is the industry doing about the secondary timeshare market?

I am a Marriott Waiohai owner as well and enjoy it very much. Don't understand Marriott's stance about resale because all Hawaii timeshares are valuable. Suggest you just see what happens with Fords Colony and, in meantime, list Waiohai week on redweek.com and see if there is any interest. I can also put you in touch with a Hawaii-based resale specialist, a real estate broker named Wally Akuna, who can list your Marriott on his listing service. He charges a fee, as do all brokers, but it is only paid if there is a sale. Wally also provides monthly updates on resale activity in Hawaii, which is a great resource for me. If you want to check his credentials, Google him. In the meantime, good luck with the Fords Colony contract. My guess is that with the Waiohai week, Marriott will buy it back under their Right of First Refusal contract, if you find a buyer who makes a good offer. Bottom line, sounds like you have two very good timeshares. Worst case, keep them and rent them on redweek.com. I have rented my Waiohai week on redweek several times and the rental price exceeds my maintenance fees.