Can Wyndham Vacation Resorts, Wyndham Corporate, etc., pull inventory to rent through Extra Holidays? Isn't the Extra Holiday program for owners to use as a rental avenue? If Wyndham can cherry pick inventory for them to rent then we have another conflict of interest within the program and a problem with what they are doing...
Jim, I thought you were the HOA President at Glacier Canyon? You didn't know this EH can grab 90% of any inventory starting at the 60 days out mark? And the other 10% at the 30 day mark?
And owners renting thru Extra Holidays --- you don't get a NET check for your rental til 60 days after checkout.
As a FIXED WEEK owner (or the required 7 night points reservation holder), EH will take your reservation and YOU can't even find out IF the unit rented. And EH idea of a rental can be for a little as 1 night --- the other 6 nights of the stay, are simply FLUSHED down the toilet --- NOT AVAILABLE in the reservation system to another person who might be willing to rent. Why? Their outdated system and who will pay the HOUSEKEEPING FEE to reset the unit?
The EH's commission is 40% PLUS costs, like credit card processing, etc.
BASIC EXAMPLE (common rental charges in the industry): If rented for $129 for a TUESDAY night minus the $51.60 booking agency commission minus the 5.16 Credit card handling fee minus the $16.77 occupancy taxes minus the state sales tax 9.03 minus the check generating fee $3 ==> NET to you==> $43.44 PLUS your 1099 would be for $129 rent collected. You would have to file WHAT paperwork with the IRS? And your MFs were $1000.
Bet you would pay more to your TAX ACCOUNTANT to file the forms for Rental Income & Expenses than your check of $43.44.
PS Wyndham might not even RENT your timeshare - you find that out when your got NO CHECK 60+ days after check out (last day of your reservation).
PSS Of course, that does not mean your unit was empty - the resort can place someone into your unit if it is unoccupied.
PSSS There is NO way you can get the info about your unit renting before the check in date. Or after the check in date. Or after the check out date.