Thinking of selling my Wyndham points

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

I wanted to put a different perspective on this. You CAN get much better value for your points IF you have someone who know HOW to Market them in the same way YOU first bought them Hence "Marketing" Reasons?

You do know Wyndham send a lot of effort to pay customer to attend their sale pitch right? And they have sale office at the resort.

The avg. purchase rate is 1 out 9. In other word, you give out hotel room stay, some cash for dinner, than you only make 10% of sale. Not to say you may send out 100 mail to attract 1 customer to attend the sale pitch.


And you do know you shoul register in each state that your customer is coming as developer in order to do that. Maybe you can provide us where you register? And you need to have a public offering. You can actually upload in this site.


For a sale chance 1 out of 1000, it is close to 0%. And consider you are selling to people that knows resale, and looking for it.

I have no problem believe you can make sale. But that will not be where you depend your income.

Jya-Ning

[SellingTimeshare Junior Member Find all posts View Profile Close SellingTimeshare]

RE: Broker

Carl,

I am a resale broker myself. At this point, I give it a 90% probability that you are a scammer.

If you are selling at $.06-.09/point, I'll supply you 10,000,000 points this month for $.03/point.

No money upfront, you get paid when the deals close and transfers are completed.

10,000,000 points at $.03/point would be $300,000 to me. Your profit would be between $300-600k.

If your business model is real, you should be willing to front the cash to make that type of money. If not, you are full of s***. In fact, I'll give you a 33% discount if you pay in cash upfront.

Please come out and post more. We can't support anyone as a legit resale company without tremendous due diligence. If you pass, you will have unlimited business.

IC I would be willing to front the cash "if my business model is real"? That's quite a challenge and a scoff at what is the business model for ALL marketers. There are other marketing companies out there that market small business , products and services. They DON"T buy all the inventory of the businesses they promote. hmm I guess they have been scamming businesses all these years too, right?

Always there is someone who expects someone to get them out of their own situation without any skin in the game with a challenge. The business model for something like that would cost millions and thousands more to effect.

If you were REALLY in the resale market and were successful we wouldn't be having this conversation and you would know the nature of the business.

Thanks for your scoff.
Carl

[SellingTimeshare Junior Member Find all posts View Profile Close SellingTimeshare]

Carl,

If you give me 2 months, I'll get you 100,000,000 points. That's $3-6M in profit all for $2M cash upfront. How can any businessman turn down that deal?

See above reply.. hmm real-estate agents should do the same as well..

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

Carl---do just a smidge of research before you type. Anyone who's been around this board for more than a month knows that Jim has quite a successful brokerage. Several folks here have used him both as sellers and buyers.

I'm still waiting for you to answer my question: do you charge an up-front fee, and if so, how much?

[SellingTimeshare Junior Member Find all posts View Profile Close SellingTimeshare]

RE:Marketing

Carl---do you charge an up-front fee for marketing a property? If so, how much?

send me a personal message with your contact info.. I need to know more about your TS
Thanks
Carl

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

SellingTimeshare... I'm a believer..... really!!!!!!!!!!!

I'd strongly recommend you take Jim up on his offer.. In fact- go even further than that! How about 5.9 million points today at only 2 cents per point.. We'll split closing costs 50/50! I can have contracts out to you within about 15 minutes!

What a profit you'll make! Perhaps then you can buy this website and convert it to a Wyndham resale mecca! You'll be a millionaire in no time!!!

Step up to the plate- or simply head back to the dugout...

If you don't have the cash to purchase- I'll even give you the opportunity for an option contract for 30 days for only $15,000! You can certainly get buyers for these points in that timeframe!

What do you say?

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

This is a simple question: yes or no, and a range would suffice.

Edited to add: if you'd rather, you can answer this question instead. What incentive do you have to actually sell my timeshare for me?

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

IC I would be willing to front the cash "if my business model is real"? That's quite a challenge and a scoff at what is the business model for ALL marketers. There are other marketing companies out there that market small business , products and services. They DON"T buy all the inventory of the businesses they promote. hmm I guess they have been scamming businesses all these years too, right?

Always there is someone who expects someone to get them out of their own situation without any skin in the game with a challenge. The business model for something like that would cost millions and thousands more to effect.

If you were REALLY in the resale market and were successful we wouldn't be having this conversation and you would know the nature of the business.

Thanks for your scoff.
Carl

Based on what you've posted, it's clear to me that you are a company that takes an upfront advertising fee to promote timeshares. There is nothing wrong with providing advertising services. What's wrong is your twisted misrepresentation of what you clients are likely to receive in a sale.

The scam is that you leave the impression that the owner will sell their Wyndham Points for between $.06-.09/point. That is totally BS. The market for Wyndham resale points is between $.0025-$.02/point.

You are intentionally misleading potential owners into believing they can
make more if they only advertise with you.

I'll bet you have customers waiting in the wings for these points, don't you? All the client has to do is sign your marketing agreement today and provide you between $500-1000 upfront and you will give them the leads. Once you get payment, then poof, the deal goes away for some unknown reason.

Carl. I am 99.99% sure now you are a scam artist. Keep posting information about what you do and how you do it and I'm sure that others will come to the same conclusion.

If you are just an advertising company, then please restate your posts accordingly. Don't make representations about the likely sales price of a Wyndam points package. Just tell us your advertising rates and the cost per impression of ads to the target demographic.

[Lisa P Senior Member Find all posts View Profile Close Lisa P]

If you were REALLY in the resale market... you would know the nature of the business.

See above reply.. hmm real-estate agents should do the same as well..

Legitimate resellers carry listings with a free contract to sell or for a very minimal fee (under $35). They receive their main income payment out of escrow at closing... just like real estate agents. Or, they actually buy and resell the timeshares and they receive a profit from savvy flipping and/or closings.

BTW, was that your posting OY, where a timeshare resale was mentioned with "only" a $300 upfront fee and a $300 payment at closing?

Confirm or deny, Carl, that you charge upfront fees???

Otherwise, keep moving, Carl, nothing to see here...

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Many Wyndham sellers won't have many options...

Lisa P-

I certainly appreciate your frustration- but understand that with the current crumbling market for Wyndham points, many sellers aren't able to secure a broker willing to work without some type of marketing fee requirement. There simply isn't enough money with some of these sales to satisfy a broker's commission requirement.

For these sellers, marketing costs may be necessary. The issue is simply whether or not the seller gets any value from that cost.

Jim's statements are absolutely true....

There is nothing wrong with providing advertising services. What's wrong is your twisted misrepresentation of what you clients are likely to receive in a sale....... If you are just an advertising company, then please restate your posts accordingly. Don't make representations about the likely sales price of a Wyndam points package. Just tell us your advertising rates and the cost per impression of ads to the target demographic.

With any advertising, it's simply a matter of cost versus exposure. If the exposure provided is worth the cost- it can be a positive situation for a seller.. However- regardless of the advertising exposure- for a seller to be successful they MUST PRICE PROPERLY!

I simply hope the OP gathered enough knowledge about the current value of his ownership- that he makes good decisions regardless of what those may be....

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

I completely agree with Rich. Wyndham has destroyed the resale value of Wyndham resale points by not implementing reasonable policies and actions (e.g. buy back programs) to enable an efficient market for resales. So, Wyndham points sell for far less than the underlying real estate value of the points.

I don't resell Wyndham because I wouldn't make enough margin to stay in business and pay all the bills associated with selling them. Believe it or not, the PCC "pay it to take it" model does make sense for many of these properties.

[taffy19 Gold Contributor Find all posts View Profile Close taffy19]

What does this say for Wyndham? How can any sales person look into your eyes and say that the buyer is making a good purchase? The deceit is rampant in this industry and it doesn't stop after buying either.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

I think it's commonly accepted here that the only true value of a timeshare is the usage you get from it.. Someone who pays developer pricing but routinely uses the ownership may certainly feel they got great value from the ownership!

I don't look down on resort salespeople for simply doing their jobs.. There are good and bad employees in all occupations. If a consumer pays more for a product than they need to, I don't blame the salesperson or the product- I blame the consumer...

Everyone always needs to remember- as owners we need the resorts to continue to do well and to be as profitable as possible to help subsidize our own usage and future enjoyment!

[SellingTimeshare Junior Member Find all posts View Profile Close SellingTimeshare]

SellingTimeshare... I'm a believer..... really!!!!!!!!!!!

I'd strongly recommend you take Jim up on his offer.. In fact- go even further than that! How about 5.9 million points today at only 2 cents per point.. We'll split closing costs 50/50! I can have contracts out to you within about 15 minutes!

What a profit you'll make! Perhaps then you can buy this website and convert it to a Wyndham resale mecca! You'll be a millionaire in no time!!!

Step up to the plate- or simply head back to the dugout...

If you don't have the cash to purchase- I'll even give you the opportunity for an option contract for 30 days for only $15,000! You can certainly get buyers for these points in that timeframe!

What do you say?

If you don't believe it that's fine. Does anyone know the history of Timeshare in America? Probably not. When it was first introduced here the resorts were trying to sell it on only the owner would pay for the maintenance fees. Well they didn't sell. They called in a Marketer to figure out a way to sell them. What the Marketer told them was ...

Do you know the answer? You seem to very angry at a concept and a industry that helps millions of businesses SELL their product without BUYING the inventory to prove they know how to market.

You have to know the ideal target audience and then have the skills to complete the process.

If anyone really want to sell their Timeshare for value ,It can be done.

You shouldn't expect someone to help you get out of something YOU yourself got into without an agreement or for FREE. I really can't understand why there is so much of an entitlement mentality with most Timeshare owners. Perhaps it has to do with the fact that many have been ripped off by "listing companies" and they think everyone is incompetent or a crook. That's not the case

So do your research about Marketing and what it means and how it can help you

Carl

[SellingTimeshare Junior Member Find all posts View Profile Close SellingTimeshare]

RE: Motivation

This is a simple question: yes or no, and a range would suffice.

Edited to add: if you'd rather, you can answer this question instead. What incentive do you have to actually sell my timeshare for me?

The type of resort will factor Reason: the basic rule of supply and demand.

This I can tell you. If you want me and my company to market it I will give anyone here a special discount. But on one condition that when we get your property sold you have to write a recommendation here.

We make a commission on the financing of the Timeshare. You know how Mortgage brokers make their money? They aren't the one loaning the money , they work on a commission. There is also fees that need to be paid for the legal aspects of transfers and search. As well as the money needed to promote.

Carl