10 contract limit real?

[Railman83]

A previous thread spoke of a 10 contract limit per member number. Has this been verified as an actual fact?

 

[cayman01]

A previous thread spoke of a 10 contract limit per member number. Has this been verified as an actual fact?

No. And I have tried to confirm at updates with no luck. It may be something that is in the works, but it does not exist at this point. Sales weasels look at me like I have two heads.

 

[uscav8r]

This rumor seems to have been linked back to a mis-hearing or misunderstanding of the 10-unit nightly limit rule.


Sent from my iPhone using Tapatalk

 

[Braindead]

Published no.
How many affected? 1 me
Is any else going to be affected? Don't know .
If they ever get the website fixed. Then start locking accounts again. Then it's probably reality.

 

[Braindead]

This rumor seems to have been linked back to a mis-hearing or misunderstanding of the 10-unit nightly limit rule.


Sent from my iPhone using Tapatalk

That's possible also by a supervisor

 

[Braindead]

I had a bonus contract with no points left. I selected that obviously. I ended up with 10

 

[cayman01]

I had a bonus contract with no points left. I selected that obviously. I ended up with 10

What exactly happened in your case? I never got the story. They made you sell a contract?!?!?

 

[Braindead]

When I purchased directly from Wyndham they put the contract in a new developer member number starting in 20 . Then merge member numbers eliminating my 999 resale number. When they went to merge the two together is when they told me. As a result of audits and suspensions. There's a new rule of 10 contract max per member number and made me pick which 10 I wanted. I eleminated the bonus contract that came with the developer purchase. Because I had already used up the points on reservations

 

[md8287]

I am in the process of going over 10 contracts in one member number and have been told by a contract supervisor that there will be no issue. We will see.

Also was told if I want different use years I can keep multiple member numbers, each with own use year. A few contracts I am acquiring are October vs January use year.

 

[Braindead]

There was no mention of limit of member numbers. Only limit of contracts in a member number.
I still think Wyndham wants to limit the amount of resale points in a member number that receive VIP Platinum benefits. Their answer is either limit how many contracts in a member number. As discussed before easy to implement. Or put resale points in a separate member number. After the website disaster and the new rules taking effect. I don't think their going to go after the average VIP Platinum resale points and put them in a separate member number.
I don't think you will ever see a mix of resale and developer points in a member number getting different treatment as far as VIP Benefits.

My deal was before the new CEO. So the supposed rule might not be in acted .

It wasn't sales or a contract supervisor that informed me of the 10 contract max limit

 

[cayman01]

Two member numbers is all they need . One developer, one resale.

 

[chapjim]

Two member numbers is all they need . One developer, one resale.

They probably understood the limitations of their IT staff and figured it wouldn't work.

 

[Braindead]

Two member numbers is all they need . One developer, one resale.

Haven't they devalued VIP accounts enough ? I just don't think they want to piss owners off anymore than they already have for awhile

 

[cayman01]

Haven't they devalued VIP accounts enough ? I just don't think they want to piss owners off anymore than they already have for awhile

I thought the rule was resale points Aren't eligible for VIP? It's a software error that allows that ,not Wyndham. I will agree that Wyndham needs to enhance VIP ownership after what they have done to devalue it. I even gave an example of one thing they could do (a week head start on the 10 month window). Wyndham needs to do something for VIP otherwise sales are gong to tumble. How about an exclusive booking window from 11:00pm-7:00am? 40,000/70,000/100,000 point credits for early payment of MF's, depending on your level of ownership.

I bought resale,so I am not VIP . But with the changes I have no desire at all to be a VIP. What is the incentive to do so? There is none. I can't justify spending $150k or more to get a 50% discount. I don't get enough in return and it will never pay for itself. What would you guys do to enhance VIP?

 

[Braindead]

Enhance VIP ?
Let them book that single night anytime. That would let them add that night to their reservation before or after their stay if it becomes available. Not risking losing their reservation by canceling and rebooking longer stay.

Your idea on the 1 week jump at the 10 month is ok. But I already have the reciprocal amount I need. CWA eliminates a lot of that need also.

They should of left the old reservation rules in place and only let VIP Platinum have the new rules. Any day checkin - checkout. The 7 to 14 day reservations. Added the any length reservation 1-14 nights. This would've of given sales something to push also.

Individuals put different values on items
I personally didn't purchase VIP Platinum membership thinking it would pay for itself. I want that room with the best view possible.
Bonnet Creek give me a choice
Tower 6 looking at the parking ramp $1
Tower 2 or 4 with the best fireworks view and lake view for $1,000. Grandkids on balcony oohs and awes. Sign me up!!
Waikiki Beach Walk
I'm not going to Hawaii to look at a parking ramp while drinking my morning coffee or evening drink.

When my wife wants a new vehicle. I tell the salesman there's not an option she doesn't like. So load it up and tell me the price. Then I start negotiating

 

[CO skier]

Wyndham needs to do something for VIP otherwise sales are gong to tumble.

WorldMark has a three-tier VIP Program.


Same credit cost for VIP as non VIP. No discounts.

Same booking windows.

VIPs receive free internet for 4-8 devices and complimentary RCI membership.

Platinum VIP level receives free housekeeping per stay.

There are a number of other, minor benefits.


The WorldMark sales force sells a lot of VIP ownerships. It is all in the presentation.


The Wyndham sales force will adapt their presentations to the new guidelines and sell a lot of VIP ownerships. Cancel/Rebook is not dead, just different. VIP discounts are sure to remain a prominent selling point.

 

[ronparise]

A previous thread spoke of a 10 contract limit per member number. Has this been verified as an actual fact?

The idea of a 10 contract limit has probably been dismissed by now, but I cant find anywhere that anyone here has actually posted a direct answer

Today the 11th contract came into an account Im managing.

There used to be a 40 contract limit, Ill post on this subject again if I learn that that's still the limit or if I find any evidence that its changed

 

[Bigrob]

The idea of a 10 contract limit has probably been dismissed by now, but I cant find anywhere that anyone here has actually posted a direct answer

Today the 11th contract came into an account Im managing.

There used to be a 40 contract limit, Ill post on this subject again if I learn that that's still the limit or if I find any evidence that its changed

There may be no need to limit the number of contracts based on the other changes. It is hard to imagine someone accumulating over 40 contracts in a single member number at this point.

 

[chapjim]

There may be no need to limit the number of contracts based on the other changes. It is hard to imagine someone accumulating over 40 contracts in a single member number at this point.

The first person who cracks the code on how to make this system work profitably.

 

[ronparise]

There may be no need to limit the number of contracts based on the other changes. It is hard to imagine someone accumulating over 40 contracts in a single member number at this point.

When I was first considering "going big" with Wyndham I was a silver VIP meaning I got a 25% discount within 60 days and I had to pay transaction fees and I only got 5 guest confirms

I had the advice of a mega renter that said they averaged $200 profit per rental. I decided that cancel and rebook would not be worth the risk for the high value event weeks I was doing.

I developed a high volume, low margin strategy. I assumed no discounts
My goal was $25000 a year profit

$25000/$200=125 rentals per year
125 rentals at 154000 points per rental = 20 million points at an average of 300,000 points per contract I would need two accounts of more than 40 contracts each

im in communication with a guy that lives full time at a Wyndham resort.
52 weeks at 154000/ week =8 milllion points. I can see that taking 40 contracts too

 

[Joe33426]

im in communication with a guy that lives full time at a Wyndham resort.
52 weeks at 154000/ week =8 milllion points. I can see that taking 40 contracts too

I recently met a guy who claims to live full-time at a Wyndham resort (and has done so for the last three years). He says that his MFs are $1,300 per month. I tried to do the math and just can't figure it out. I would think that the 8 million points would work, but the MFs would be $3,333 per month @ $5K/1,000. Even if this guy has VIP, then it would still be 4 million points @50% off so MFs would be almost $1,700 per month.

 

[ronparise]

I recently met a guy who claims to live full-time at a Wyndham resort (and has done so for the last three years). He says that his MFs are $1,300 per month. I tried to do the math and just can't figure it out. I would think that the 8 million points would work, but the MFs would be $3,333 per month @ $5K/1,000. Even if this guy has VIP, then it would still be 4 million points @50% off so MFs would be almost $1,700 per month.

Maybe he supplements his Wyndham ownership with RCI last calls or perhaps he does some rentals to offset mf. Or maybe instead of a 2 bedroom at 154000 points per week he stays in a studio at Fairfield glade

 

[T-Dot-Traveller]

I recently met a guy who claims to live full-time at a Wyndham resort (and has done so for the last three years). He says that his MFs are $1,300 per month. I tried to do the math and just can't figure it out. I would think that the 8 million points would work, but the MFs would be $3,333 per month @ $5K/1,000. Even if this guy has VIP, then it would still be 4 million points @50% off so MFs would be almost $1,700 per month.

Was he staying in one location ?
If you did quiet season chart / resort shopping ( Branson in November etc )- could you get enough weeks at about 70,000 points (less the VIP discount) to bring
the overall average cost to $ 1300 ?

 

[Joe33426]

Was he staying in one location ?
If you did quiet season chart / resort shopping ( Branson in November etc )- could you get enough weeks at 70,000 points (less the VIP discount) to bring
the overall average cost to $ 1300 ?

This guy says that his wife works in Charleston and that they have lived on Edisto full-time last three years at Ocean Ridge. Some of the associations at Ocean Ridge have cheap point values, but even still, I thought $1,300 is really cheap. Like Ron says above, maybe he supplements with RCI last calls or something.

I'm really interested in using timeshares in our retirement plans, but moving every week isn't going to happen, so I was interested in what this guy was saying.

 

[ronparise]

This guy says that his wife works in Charleston and that they have lived on Edisto full-time last three years at Ocean Ridge. Some of the associations at Ocean Ridge have cheap point values, but even still, I thought $1,300 is really cheap. Like Ron says above, maybe he supplements with RCI last calls or something.

I'm really interested in using timeshares in our retirement plans, but moving every week isn't going to happen, so I was interested in what this guy was saying.

moving every week, even if it was at the same resort, would indeed be a pain but chances are that the folks at the resort could keep you in the same room.