I may not be the greatest in Accounting, however some observations
"Total HOA Fee for 1,000 Points: $4.17, according to what I pay for Smokey Mountain."
Used CWA $5.42 as a verifable average. Obviously higher and lower.
"Since there is an upfront fee for acess to the RCI inventory, in your hypothetical, I would presume if RCI went after the firm, the RCI accounts for people participating in their program as suppliers could be closed down."
Actually, includes RCI Points membership which I think is $119 a year so reduces up front fee for three exchange companies! By spreading last calls, get-a-ways, etc. over exchangers lowers visability.
"If the firm is busted for fraud, oh well."
There are no guarantees in life other than proverbal death and taxes! Shoot if TUG keeps getting the word out recissions will overwhem Westgate and Wyndham and they will do something else. If you were to poll Wyndham owners most that go to sales pitches are like me whose mission is to rattle their cages. I understand you do about one a month! Why?
"Everything is based on availablity. An additional problem is I do not see any assurances in your hypothtical that the actual owner of the VIP account involved would actually rent you the accommodation with the VIP benefits. It appears to be just an opportunity to have one do so."
I assumed OP was looking at cheapo last minute stuff. Since giving to customers they would be happy with whatever they got. Don't think his business model envisions $700+ gifts.
"I have seen a number of Wyndham Timeshares that have final bid plus 0 to about 500 dollars in closing costs by a number of re-sellers. I am not sure where your numbers come from."
Closing costs range from zero to $799 is the highest I have seen. Transfer fees range from zero to Wyndham $299 to several thousand in Mexico. I went with Ron's bogey of keep total under $1,000.
"If I understand your hypothetical correctly, the fee is for access only and not the RCI costs associated with the rental nor the rental price. Same obseration with the Wyndham VIP program."
Yes, $6,400 only provides access. Each booking would entail some expense!
"Is your hypothetical based on your experience? Or, just your estimates?
By definition hypothetical means based on conjecture, speculation, "experiences" and opinion NOT verifable facts. Like the attorney asking you if you still get drunk on Saturday night, beat your old lady and then go to church on Sunday and repent?
As far as I am concerned no way would I give timeshare weeks to use to good business customers. My kids stayed at a 5* resort which they liked but after listening to sales pitch no way in Hell do they want any thing to do with TSs! Leave them to Vikings or RR!
