Royal Vista 195K UDI eBAY sale -- up tick in value?

[markb53]

Santa Barbara is (limited inventory) according to the website. Royal Vista is not

On the Wyndham website Royal Vista is not showing as part of CWA.
Santa Barbara is showing as part of CWA
As Ron pointed out Santa Barbara show limited inventory. Which I believe I read somewhere that limited inventory mean 50 units or fewer available to the CWP.

If you look as the CWA list for Santa Barbara, is says very limited inventory. Which I believe means 10 units or fewer available to CWA.

 

[NHTraveler]

Can't wait for the Royal Vista HOA meeting this winter ... that should be a very big UNHAPPINESS.

Care to share why? I'm interested...lol.

 

[vacationhopeful]

Care to share why? I'm interested...lol.

The winter clan at Royal Vista is basicly made up of Platinum VIP owners who own ONLY Royal Vista points and roast there all winter/Snowbird season. Over 1 MM to 2MM points. They go to the annual HOA meeting to direct the future of their resort. Might be 25-35 such owners in attendance. Not a dumb bunch. They brought what they wanted, paid for what they know they should get and have a vested interest in the status quo - their 8-10 Winter weeks at their beachfront resort. Most have outlast multiple resort managers, know the front desk supervisors and their interests, and generally are a very nice bunch of people. It tend to be a male centered world - but they totally welcome me and my large ownership of RV points.

They are partial to the belief, buy where you want to go and owners get first pick. We pay the bill, we care for the place and our families stay here. I have not experience any other Wyndham resort with this concentrated multi-million points owners AND who know each other.

Since I live in the northeastern part of the USA and in/near several large cities, I would call these guys OLD GUARD. Interlopers are there for a week or two - the lower Gold or VIP owners.

So with CWA and multiple owners, it is conceivable most of the President's B-day weeks could be booked by those owners. Or large blocks the Easter Week reservations --- 35+ big RV CPW owners are generally only booking back to back weeks leaving the other 60 units open to other RV owners. It would take ONLY about 12,000,000 points in CWA to book ALL those remaining units for that one week during ARP.

Remember, CWP owners where promised that ARP would be their booking window - yes, the averages say NOT every CWP owner is going to book during the Winter SNOWBIRD season every year - but in CWA, the ARP points for RV will be BOOKED SOLID every year, because other CWA owners will want to go their, every year during the winter. Much bigger POT of CWA owners who can change their ARP window to where they want to go.

I suspect, it will become one of the HARDEST ARPs bookings from Christmas Week to end of April ...

 

[timeos2]

I suspect, it will become one of the HARDEST ARPs bookings from Christmas Week to end of April ...

I always enjoy this type of speculation. The fact of the matter is we wanted to visit RV (one of our favorite Wyndham resorts) twice during our ownership. Both times we were able to obtain it, in the size unit we wanted. Once was News Years - Y2K and in the Penthouse no less, the other an Easter/Spring Break week in 2009. We got the Y2K week in October - just 3 months from the use date. We got the Easter date in July or about 8- 9 months ahead of use. We did not have ARP or VIP. Like most of our Wyndham uses we just put in what we wanted, where & when within a reasonable time frame and we were able to get it.

And every time we were told (by sales of course) that "you'll never get in here without owning" yet, as they wanted to ignore, there we were! There are very few Wyndham resorts and only in very narrow, specific times that you cannot obtain easily just using your points. It held true for our near 20 years of ownership and it was supposedly not true then so I doubt it's true now. Buying into the theory of required ARP or VIP or whatever they are pushing now isn't a good ownership approach. Buy the points you need and make timely requests and you'll likely be just fine.

 

[vacationhopeful]

John,
What I am saying that could change for the ARP owners of RV, not all want to go during the Xmas-Easter time frame EVERY YEAR. 50 weeks of point ownership does NOT go into 13 weeks of units.

Royal Vista CWP owners do go other places. What I am saying that, CWA has a much BIGGER pot of owners and those owners could percentage WISE, book all the CWA ARP points deeded at RV during ONLY the winter SNOWBIRD season ... that would hamper GREATLY the percentage of units OPEN to people (like you were) to book at the 10 month window. Or RV owners who called in an hour after the ARP window opened.

Additionally, those units that YOU booked at RV could very well have been cancellations of weeks booked during ARP by CWP owners ... change of plans, health issues, job relocations, shifting vacation schedules, other vacation options, etc.

 

[timeos2]

John,
What I am saying that could change for the ARP owners of RV, not all want to go during the Xmas-Easter time frame EVERY YEAR. 50 weeks of point ownership does NOT go into 13 weeks of units.

Royal Vista CWP owners do go other places. What I am saying that, CWA has a much BIGGER pot of owners and those owners could percentage WISE, book all the CWA ARP points deeded at RV during ONLY the winter SNOWBIRD season ... that would hamper GREATLY the percentage of units OPEN to people (like you were) to book at the 10 month window. Or RV owners who called in an hour after the ARP window opened.

Additionally, those units that YOU booked at RV could very well have been cancellations of weeks booked during ARP by CWP owners ... change of plans, health issues, job relocations, shifting vacation schedules, other vacation options, etc.

Since CWA is still relatively new and RV is a mature resort the actual time in CWA is likely very low. IF (a very big IF) Wyndham is distributing use time fairly according to percentage ownership & not allowing unfair loading of CWA time in a concentrated period there is no way that the small amount of CWA claims should impact owners there. Of course who knows how fair Wyndham will be - especially if they can help sales - a problem that exists throughout any system under the thumb of a developer.

 

[CO skier]

So far on this thread some have said the uptick in pricing has to do with the individual resort and its ARP, some have pointed to the improving economy, some have said its because low mf contracts in the Wyndham system are in short supply and Wyndham is overall a good system (the best of the best will always carry a premium) and some have said its not an uptick at all, the high dollar sales are an anomaly.

Everybody is right except for the last guy. The fact is prices for Wyndham points contracts have been going up.

It looks like the last guy may have been right, too. The $1 Royal Vista (203,000 points) is back, at least seasonally.

http://www.ebay.com/itm/310818691612?ssPageName=STRK:MEWAX:IT&_trksid=p3984.m1423.l2649

 

[lcml11]

John,
I agree with most of those statements above. I am not seeing as many RV contracts for sale as the other Pompano Beach resorts.

And many of the SB deeds are for Fixed Weeks in the non-Snowbird season. A recent sale of a March 1/2 at SB commanded a $2875 (July auction). And a 84,000 points week went for $1802.77 (a winter studio unit week requires 126K).

PRIME weeks and units are Sea Gardens rare. Points claiming to be SG's are most likely CONVERTED fixed weeks units where the APR is ONLY the underlying unit and week. So, 182K could be a week 6 or week 26 in the Key West bldg. or the Ocean Palms bldg.

I think you are right. Just reviewed E-Bay. I think this resort is going or has gone the way of Myrtle Beach resorts and Smokey Mountain. Few and far between with very limited selection for units.

Ron's observation in other posts on Las Vegas may have merit, there appears to be a number left in that town, but not many in Old Town.

 

[vacationhopeful]

I...We did not have ARP or VIP. Like most of our Wyndham uses we just put in what we wanted, where & when within a reasonable time frame and we were able to get it.

And every time we were told (by sales of course) that "you'll never get in here without owning" yet, as they wanted to ignore, there we were! .....

John,
There are SEVERAL differences with CWA resorts - many of those points are CONVERTED FIXED WEEKs and the inventory is still ONLY the underlying deed. Santa Barbara and Sea Gardens have MOST of the PRIME WINTER WEEKS still as FIXED WEEK OWNERSHIP -- hence, very limited inventory during the PRIME seasons (esp the winter Snowbird time, President's B-Day Easter and Christmas). Royal Vista is a PURE UDI Points resort - there would be NO LIMIT of where the points come from to book Week 7 or 8 or 9 or 10 or 11 -- just the LIMIT on available total resort units (96 units either 1bdr or 2bdr). ARP is just the same for CWP and CWA ... except ANY and ALL deed CWP owners at Royal Vista are booking a CHAIN of weeks as their Winter (beachfront) homes - spreading the demand over a booking every week with their personal schedules. CWA is NOT limited to HOW many units it can grab from the available pool or where/when its UDI points can be used. It is just HOW fast they can get thru on the phone line as CAN I and the other CWP ARP owners.

And as for booking XMAS and NYE 7 months out at RV --- yes, I have done that also. Most Wyndham owners have a Jan-Dec Use year - I usually am out of RV ARP points in NOV 13 months outs PLUS I own 4+ Fixed Deeded units for week 52 (some are lockoffs also). And in years past, I try not to have points units reserved to be cancelled 20 days before the end of the USE YEAR.

Oh well, this will make my FIXED Winter Weeks at Santa Barbara MORE dear to me ... I can stay over there and not be worried about being a homeless Snowbird and also saving $.56 per 1000 points by not being in the points system because my old, crippled fingers and 3 phone lines did not hit the redial fast enough to book by Royal Vista winter condo for 201X.

And I can think about selling my RV points ...

 

[CO skier]

Since the 2008 recession, Wyndham timeshare pricing seems to reach a low point in the Dec. - Mar. timeframe. This year is generally following that trend.

For anyone interested in Royal Vista, there is a 154K contract available in the TUG Marketplace. With the seller prepaying the 2014 dues and paying the closing costs and transfer fees, they are essentially paying the buyer $900 to take over the timeshare.

For anyone thinking about a Club Wyndham purchase, now is the time to watch for a bargain.