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Windham presentation trip report and questions

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  • Windham presentation trip report and questions

    We went to Wyndham's Las Vegas property Desert Isle (? not sure about the name) for their presentation.

    They offered us 308000 points for $23800 with MF $840/yr. Based on their brochure it's 50000-80000 points per week depending on the season, which makes it ~4-6 weeks/year.

    They provided breakfast and after breakfast it was the 'lecture' by a very entertaining guy from Utah. He was joking and jumping on stage and was really a lot of fun to watch.

    After this we went with our rep who was also quite entertaining. He claimed that he is a movie/show producer who just has the second jib as a TS rep.

    Many things looked strange: rep tried to downplay MF. He said that they can waive MF if we provide 16 referrals during the year. After my questioning he said that it's not 16, there should be 2 people who buy and that is enough. He said: don't worry, just pick enough names from the white pages, doesn't matter if you know them or not. And they claim that they even won't mention my name when Wyndham calls them.

    I was amazed that they would ask me to pull names from the white pages. Can't they do this themselves?

    Then he said that we can just pay MF with 30000 points each year.

    He also said that Wyndham is unique in a way that they would buy back our points if we weren't happy any time for the current price. Is this actually true? I see on EBay that one can buy 308000 points for like $5. Why would people be selling 308K points for $5 if Wyndham would buy them back for their current price?

    Overall we had very good time at Wyndham. Entertaining value was well worth our time. But we didn't buy anything.

  • #2
    There is no buy back program for Wyndham. The $5 ebay sales are real. The MF for 300,000 points at Grand Desert should run around $1200 to $1400 per year.

    The Wyndham program is very good. There are ways to buy Wyndham points without spending over $23,000.

    Glad you came here to learn. Hang around and ask questions and learn.
    Mike H
    Wyndham Fairshare Plus Owners, Be cool and join the Wyndham/FairfieldHOA forum!

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    • #3
      Whatever brochure they showed you, the point value for a week at Grand Desert is NOT correct. Units run between 112,000 and 400,000 depending on size of condo and time of year.

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      • #4
        They have split 308000 points into 154000 regular points and 154000 bonus points. Bonus points probably fake -- in TS context bonus usually means weeks in undesirable locations at undesirable times. But their rep was pitching bonus points as the same as regular ones.

        In general my experience only proves the point: never buy TS from the developer.

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        • #5
          Originally posted by jerrry94087 View Post
          They have split 308000 points into 154000 regular points and 154000 bonus points. Bonus points probably fake -- in TS context bonus usually means weeks in undesirable locations at undesirable times. But their rep was pitching bonus points as the same as regular ones.

          In general my experience only proves the point: never buy TS from the developer.
          The bonus points are usually given to allow a buyer to experience some level of VIP. They may last one or 2 years. Once they go away, the buyer is left with the regular points and no VIP. They hope that experiencing the VIP benefits, that the buyer will purchase more developer points later.

          There's no difference between the regular and bonus points with regard to reserving a unit.
          Mike H
          Wyndham Fairshare Plus Owners, Be cool and join the Wyndham/FairfieldHOA forum!

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