Trading Power

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

So I'm just your TS punching bag? That gives you the right to disrespect me because you haven't had good experiences with others?

To be far JLB is pretty much universally disrespectful...I think the forum as a whole has learned to dismiss him

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

I see you reading this. Shouldn't you be getting ready for the next peep?

BTW, I don't see any insult toward you, just folks from Christmas past.

The rest is just standard direct sales lingo.

Oops, now I see someone else is here.

I got a chuckle out of the Zig Ziglar comment. I'll give you that.

But nah, today's pretty slow, so I won't be meeting with anybody most likely. On the bright side, it's a beautiful day out here in Williamsburg and I'll get to start enjoying it in about 3 or 4 hours ^__^

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

I got a chuckle out of the Zig Ziglar comment. I'll give you that.

But nah, today's pretty slow, so I won't be meeting with anybody most likely. On the bright side, it's a beautiful day out here in Williamsburg and I'll get to start enjoying it in about 3 or 4 hours ^__^

Hey! Wyndham sales guy! I have a Wyndham sales Question!!

Is it possible to buy a 10k point contract?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I got a chuckle out of the Zig Ziglar comment. I'll give you that.

But nah, today's pretty slow, so I won't be meeting with anybody most likely. On the bright side, it's a beautiful day out here in Williamsburg and I'll get to start enjoying it in about 3 or 4 hours ^__^

In that case, I'll cut you some slack.

See You at The Top!

Oops, now someone else is here.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Sb:

Just curious, where do you own and how much?

Do you use it yourself, let friends and relatives use it, rent it out, or exchange?

How many timeshare vacations have you been on?

Through Wynfield, RCI, or another?

How long have you been selling TS?

Do you have a resale program or a deedback program? If not, how do you assist your owners in selling their TS when that day comes? What sorta prices do they get? Can you give some examples, something you can link to?

Since you seem to be able to check with someone, how do you handle owners who can no longer pay their fees?

It's to your credit that you did not end your criticism of me like most I know in real life, something like, "I make more on a good day than you make in a year."

Thanks, it would be nice to have more from the inside on forums, like Madge, or Inside Guy.

Now someone else is here.

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

Hey! Wyndham sales guy! I have a Wyndham sales Question!!

Is it possible to buy a 10k point contract?

Theoretically you SHOULD be able to, but I doubt they would give you any sort of discount with it. The price today is $220 per 1000pts. Why do you ask? Are you short of a VIP level or something?

I've never seen anything lower than 40,000, but I don't see why you wouldn't be able to get 10,000pts of a UDI or something like that. I'll check in a sec.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

Theoretically you SHOULD be able to, but I doubt they would give you any sort of discount with it. The price today is $220 per 1000pts. Why do you ask? Are you short of a VIP level or something?

I've never seen anything lower than 40,000, but I don't see why you wouldn't be able to get 10,000pts of a UDI or something like that. I'll check in a sec.

I own a couple fixed weeks, but if i decided to convert i'm about 10,000 short of a VIP level....Even if i don't convert, figuring the highest MF per 1,000 level is around 8-10, so the savings on my RCI membership will even out with the cost of about 10,000 points

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

Sb:

Just curious, where do you own and how much?

Do you use it yourself, let friends and relatives use it, rent it out, or exchange?

How many timeshare vacations have you been on?

Through Wynfield, RCI, or another?

How long have you been selling TS?

Do you have a resale program or a deedback program? If not, how do you assist your owners in selling their TS when that day comes? What sorta prices do they get? Can you give some examples, something you can link to?

Since you seem to be able to check with someone, how do you handle owners who can no longer pay their fees?

It's to your credit that you did not end your criticism of me like most I know in real life, something like, "I make more on a good day than you make in a year."

Thanks, it would be nice to have more from the inside on forums, like Madge, or Inside Guy.

Now someone else is here.

I recently became an owner with Wyndham and own a 238,000pt converted fixed week at KingsGate in Williamsburg.

I've used it only a couple of times for myself, but have made a couple reservations for friends/coworkers as well at other resorts. All of my reservations have been through WyndhamVO. I honestly don't see the point in using RCI at all as a Wyndham owner if your travels are mostly within the US.

I've been with Wyndham for a little over a year, so I'm no TimeShare guru, but I do have access to pretty much any information I need when it comes to Wyndham, so I try to keep my input directed towards that.

As for owners that have trouble paying their maintenance, that's something that our corporate financial department deals with mostly. We do have several programs to help offset maintenance (some of which seem like a waste of time). Personally, if someone is having issues with their maintenance, I can only propose an equity trade into a resort with a more stable/lower maintenance, or for them to try to utilize some of our programs to offset cost.

Resale/Deedback: I can't think of anyone here who downplays the severe drop in value when a deed goes into the resale market. With Wyndham, a resale deed literally loses every benefit other than the ability to make a reservation at Wyndham resorts.

Club Wyndham Access is the only ownership that has anything CLOSE to a "deedback" program, but it is NOT a buyback program and I would never urge someone to get into CWA with the idea that they will be able to sell it back to Wyndham at a later date. Wyndham has the first right of refusal with CWA accounts, but I've only heard of Wyndham exercising that right one time (mainly because it's done on a corporate level) and that was for $68,000. I only heard about that because one of my coworkers was talking about one of his owners that succeeded in that process. I don't really talk about CWA with my owners unless the other benefits of that particular program would directly benefit them. It is a great program, but has its flaws, like anything.

What owners get for their ownerships I have no idea. If you check Ebay, people are selling them for a dollar. Sometimes you'll see a CWA up on ebay for 20k+, but even with CWA I've seen 500k pt accounts up for 20 dollars. It really varies.

About CWA - if you have any questions about it I'd be happy to answer them!

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

I own a couple fixed weeks, but if i decided to convert i'm about 10,000 short of a VIP level....Even if i don't convert, figuring the highest MF per 1,000 level is around 8-10, so the savings on my RCI membership will even out with the cost of about 10,000 points

That's very true. The fees that come along with exchanging fixed weeks with RCI can start to add up. If you converted them you wouldn't have to pay RCI dues anymore annually, and would only pay Exch. Fees if you were exchanging outside of Wyndham.

Out of the properties I've seen, the highest MF was around 7.62.. Other than Bentley Brook which at one point had over an 11 dollar MF, but I believe they were going through an assessment of some sort. Most are between 4 and 6 per thousand.

Edit: There are a couple of things you can do to convert your weeks. You can pay a points conversion fee to get the weeks converted to points with no additional purchase, but that would leave you a bit short of whichever VIP level you're thinking of (I'm assuming Gold?). I will say that VIP levels are changing in October (400k,700k,1M), so if you're looking to make a change to your ownership, you should definitely look into doing it before then.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

What owners get for their ownerships I have no idea. If you check Ebay, people are selling them for a dollar. Sometimes you'll see a CWA up on ebay for 20k+, but even with CWA I've seen 500k pt accounts up for 20 dollars. It really varies.

About CWA - if you have any questions about it I'd be happy to answer them!

Actually, then, you have an idea.

You get 10 credibility points for mentioning eBay and CL.

I won't ask if that bothers you, that people can't get a buck for something you are selling, and that's pulling the industry down, because that is between you and you.

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

Actually, then, you have an idea.

You get 10 credibility points for mentioning eBay and CL.

I won't ask if that bothers you, that people can't get a buck for something you are selling, and that's pulling the industry down, because that is between you and you.

True, true haha. It doesn't really bother me because the product itself isn't meant to be resold. It's meant to be for a lifetime. Not only that, but the resale market is low because people don't want to pay much for resale ownership. I don't know about other companies, but Wyndham makes resale ownership almost worthless by stripping it of all its benefits other than the ability to make reservations.

I understand the reason that people buy resale (obviously the cost/benefit), but at the same time i feel like people buy from the developer because they understand that it is what it is. I don't determine the prices, but I bought from the developer even knowing about the resale market. And trust me I didn't get an employee discount lol.. Was it a lot of money? Yep. Was it worth it to me? Absolutely.

I don't vacation enough as it is because I don't find it important enough to put money towards, so this is a way to make sure I actually will go somewhere every year. Even if it is just a short trip down to Myrtle Beach for a long weekend.

I'm also only 23, so I like that by the time I have kids this thing will be paid off and essentially I'll have a week or two of vacation at the cost of just my maintenance fee every month.

Not only that, but if I decide to make a change to my ownership in the future, I can trade into a different home resort or even into CWA if that was something I was looking for.

I dunno I just feel like if I'm going to spend money on something, I want to get the product the way it's intended to be, not stripped down for my displeasure haha

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

True, true haha. It doesn't really bother me because the product itself isn't meant to be resold. It's meant to be for a lifetime.

There you go, that relieves any burden of personal guilt.

However, that is the attitude that has spawned the resale debacle.

But, you already know that.

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

Yeah I dunno.. it's just a fact. There's resale and then there's developer. I choose developer. Others choose resale! C'est la vie

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

When I was 23, I was in direct sales, too, against the wishes of just about everyone who cared.

So, there's hope.

Probably just a phase.

[sbkyoshi Member Find all posts View Profile Close sbkyoshi]

hahahaha we'll see what happens! Plenty of life to live (hopefully!) haha