• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

ROFR for Wyndham

C

cayman01

TUG Member
Joined
Dec 30, 2015
Messages
630
Reaction score
217
Points
103
Location
Tampa Bay, FL
Resorts Owned
Bali Hai, Shearwater
Has Wyndham ever considered implementing an ROFR program? What are everybody's opinions of the chances of that happening. Possible or Snowball in Hell? or worse..........:D
 
tschwa2

tschwa2

TUG Review Crew: Veteran
TUG Member
Joined
Dec 19, 2008
Messages
16,018
Reaction score
4,680
Points
748
Location
Maryland
Resorts Owned
A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
They have ROFR for Access. They may have it for others. It has to be written in the set up documents. Just because the have the right (of first refusal) doesn't mean that they will. Right now through Ovation and other programs they can get back points for free. Or for some highly desired properties can give the owner free usage in exchange for the points back. It is't likely that they would start using ROFR as long as ovation is working.
 
Cheryl20772

Cheryl20772

TUG Member
Joined
Aug 5, 2010
Messages
867
Reaction score
16
Points
228
Location
Maryland, USA
l think ROFR is not a good thing for owners. Before it becomes active a selling owner has to go to the trouble of finding a buyer. Then the ROFR process just adds a complicating step to the process that makes it take longer. I don't see how it adds any value to owning or to the property.
 
M

macperry

TUG Member
Joined
Dec 4, 2015
Messages
6
Reaction score
0
Points
0
Wyndham NOT RECOMMENDED

I am trying to get rid of 4 different timeshares and Wyndham (by far) is the worst! I would recommend to anyone looking to buy timeshare . . STAY AWAY FROM WYNDHAM! My timeshares are (2) Marriott, (1) Shell and (1) Wyndham. Very successful with Marriott as I find them to be the easiest to work with. Example of difference: Wyndham transfer cost $299, Marriott $50. Wyndham has no buy-back and Marriott does. With Wyndham you loss ALL booked points with RCI. With Marriott you keep all transferred points in their Destinations Program. For the moment my banked points with Shell would transfer to new owner. I say "for the moment" as Wyndham now owns Shell and no telling what's going to happen!
 
comicbookman

comicbookman

TUG Member
Joined
Feb 2, 2013
Messages
973
Reaction score
321
Points
274
Location
Dillwyn, Virginia
macperry said:
I am trying to get rid of 4 different timeshares and Wyndham (by far) is the worst! I would recommend to anyone looking to buy timeshare . . STAY AWAY FROM WYNDHAM! My timeshares are (2) Marriott, (1) Shell and (1) Wyndham. Very successful with Marriott as I find them to be the easiest to work with. Example of difference: Wyndham transfer cost $299, Marriott $50. Wyndham has no buy-back and Marriott does. With Wyndham you loss ALL booked points with RCI. With Marriott you keep all transferred points in their Destinations Program. For the moment my banked points with Shell would transfer to new owner. I say "for the moment" as Wyndham now owns Shell and no telling what's going to happen!
Click to expand...

Wyndham has the "Ovation" take back program. They don't give you anything for your contract, but they do take it back. Not all contract are eligible, but many are.
 
You must log in or register to reply here.
Top