Wyndham VIPs

[pacodemountainside]

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Margaritaville is old news. :zzz:

What I found interesting is out of some 523K+ owners around 175K or 1/3 are VIPs. Previous information indicated about 15% regular VIP and around 5% temporary.

With that many VIPs one wonders how special it really is, especially if purchased from WVO at their going rate????



"CLUB WYNDHAM Gives More Than 175,000 VIP Members a “Taste of Margaritaville” with an Exclusive Offer"

__________________

 

[ronparise]

Im one out of 175000...not so special

 

[Sandy VDH]

I am one of those 175K too.

 

[lcml11]

I am one of those 175K too.

..... Me to.

 

[am1]

Depends what you do with your membership. The amount of points and VIP status means little if you are not using it properly.

 

[Bourne]

And how you got to be one in first place. I am going to get a lot of heat for the next statement as I am coming "out".

They found the unicorn last month out in the Far East..so the timeshare unicorn "Resale Wyndham VIP" exists too... .. And no, I am not going to spill the beans.

 

[Explorer7]

Depends what you do with your membership. The amount of points and VIP status means little if you are not using it properly.

Count me in and I agree with the above statement. I've enjoyed some ridiculous discounts and upgrades over the past few years while people I'm sitting next to in the pool at Wyndham resorts complain they never get an upgrade or discount with their VIP ownership. The potential is there but it does take time and an understanding of the system. it's not on auto pilot.

 

[jjmanthei05]

And how you got to be one in first place. I am going to get a lot of heat for the next statement as I am coming "out".

They found the unicorn last month out in the Far East..so the timeshare unicorn "Resale Wyndham VIP" exists too... .. And no, I am not going to spill the beans.

Congrats. I have 9 VIP resale accounts right now with none of them being mistakes. Total for 11 million points is $9,500 up front (non maintenance fee cost).

Jason

 

[lcml11]

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Margaritaville is old news. :zzz:

What I found interesting is out of some 523K+ owners around 175K or 1/3 are VIPs. Previous information indicated about 15% regular VIP and around 5% temporary.

With that many VIPs one wonders how special it really is, especially if purchased from WVO at their going rate????



"CLUB WYNDHAM Gives More Than 175,000 VIP Members a “Taste of Margaritaville” with an Exclusive Offer"

__________________

At a Wyndham Owner Workshop I attended (another name for the sales presentation) it was announced the current owner number is 900,000.

 

[pacodemountainside]

At a Wyndham Owner Workshop I attended (another name for the sales presentation) it was announced the current owner number is 900,000.

Based on latest SEC 10K Form , Club Wyndham (WVO) has around 523K members, WorldMark around 300K and Shell around 100K. It is posted on WWW web site if one wants actual numbers.

 

[pacodemountainside]

And how you got to be one in first place. I am going to get a lot of heat for the next statement as I am coming "out".

They found the unicorn last month out in the Far East..so the timeshare unicorn "Resale Wyndham VIP" exists too... .. And no, I am not going to spill the beans.

Really not a secret. From posts here and on Wyndham web site!

Buy a couple PIC eligible 254K contracts for a buck and get 508K points.

Buy fixed week contracts for a buck and convert to new points contracts.

Deal directly with Corporate when the have foreclosure or repo they want to get rid of.

Deal with HOA that has been allowed to sell repo or foreclosure with VIP benefits to make more salable.

Resale is miscoded by data entry clerk

Inherit like lcmL11

 

[lcml11]

Based on latest SEC 10K Form , Club Wyndham (WVO) has around 523K members, WorldMark around 300K and Shell around 100K. It is posted on WWW web site if one wants actual numbers.

Appears the number quoted was for three major components of Wyndham Vacation Ownership.

 

[lcml11]

Really not a secret. From posts here and on Wyndham web site!

Buy a couple PIC eligible 254K contracts for a buck and get 508K points.

Buy fixed week contracts for a buck and convert to new points contracts.

Deal directly with Corporate when the have foreclosure or repo they want to get rid of.

Deal with HOA that has been allowed to sell repo or foreclosure with VIP benefits to make more salable.

Resale is miscoded by data entry clerk

Inherit like lcmL11

I am partial to the inherit one. Transfer by will or close family member works well.

 

[Bourne]

Congrats. I have 9 VIP resale accounts right now with none of them being mistakes. Total for 11 million points is $9,500 up front (non maintenance fee cost).

Jason

Now that's impressive.

Mine is not a mistake..just rare..got both where seller covered the transfer fee.

Bonnet Creek sales weasels took it for a spin and confirmed it was legit.

 

[ronparise]

Congrats. I have 9 VIP resale accounts right now with none of them being mistakes. Total for 11 million points is $9,500 up front (non maintenance fee cost).

Jason

Last time we talked about it you had a goal of something lass than 11 million.

Are you done? or did you reset your goals?

 

[Rent_Share]

Quote:
Originally Posted by jjmanthei05
Congrats. I have 9 VIP resale accounts right now with none of them being mistakes. Total for 11 million points is $9,500 up front (non maintenance fee cost).

Jason

Now that's impressive. offensive

Why not list your other assets Richy Rich

Another Mega renter on Ignore

 

[lcml11]

Quote:
Originally Posted by jjmanthei05
Congrats. I have 9 VIP resale accounts right now with none of them being mistakes. Total for 11 million points is $9,500 up front (non maintenance fee cost).

Jason




Why not list your other assets Richy Rich

Another Mega renter on Ignore

I think Mr. Richy Rich has done well. I wonder if the reporting of his name is accurate. I do not think that is his real name.

 

[jebloomquist]

The thing that I find most beneficial about being VIP Platinum is the difference in the maintenance fees that I would have to pay if I were not VIP, for the same amount of reservations that I currently do each year.

I do most of my reservations at 50% and with an upgrade from 1 BR to 2 or 3 BRs.

Let’s assume that my current total maintenance fees are $20,000 per year. Without VIP benefit, without 50% reservations with upgrades, to get the same reservations, it would cost about $50,000 per year. I think that my VIP benefits save me $30,000 per year.

Usually on TUG, I see negative comments about how much it costs to get to VIP Platinum, but nothing about potential savings. My total purchase costs for every single Wyndham property that I own is less than $80,000.

You can do the math. It won’t take forever to break even.

Jim

 

[Ridewithme38]

The thing that I find most beneficial about being VIP Platinum is the difference in the maintenance fees that I would have to pay if I were not VIP, for the same amount of reservations that I currently do each year.

I do most of my reservations at 50% and with an upgrade from 1 BR to 2 or 3 BRs.

Let’s assume that my current total maintenance fees are $20,000 per year. Without VIP benefit, without 50% reservations with upgrades, to get the same reservations, it would cost about $50,000 per year. I think that my VIP benefits save me $30,000 per year.

Usually on TUG, I see negative comments about how much it costs to get to VIP Platinum, but nothing about potential savings. My total purchase costs for every single Wyndham property that I own is less than $80,000.

You can do the math. It won’t take forever to break even.

Jim

Wait, at an average price point of about $5 per 1,000 points....You are using the equivalent of 10,000,000 points a year?? I can't imagine using that many points even if i DID do it full time!

Or, we can be forthright and say the VIP Platinum only makes sense if you are a mega-renter...Because, no one can really vacation enough to make it worth it just by using the points themselves

 

[jjmanthei05]

Last time we talked about it you had a goal of something lass than 11 million.

Are you done? or did you reset your goals?

Ron,

Are we ever really done?

Jason

 

[jjmanthei05]

I think Mr. Richy Rich has done well. I wonder if the reporting of his name is accurate. I do not think that is his real name.

You can look at every post. My name has been the same in 3 1/2 years from when I started here with 189,000 points.

Jason

 

[jebloomquist]

Wait, at an average price point of about $5 per 1,000 points....You are using the equivalent of 10,000,000 points a year?? I can't imagine using that many points even if i DID do it full time!

Or, we can be forthright and say the VIP Platinum only makes sense if you are a mega-renter...Because, no one can really vacation enough to make it worth it just by using the points themselves

I didn't say how I use my points. Of course I rent them.

However, at some point I may choose to just live at timeshares, and doing it full time, could use quite a few points.

10,000,000 divided by roughly 50 is 200,000 per week. That's not even enough to stay in a 2 BR in Hawaii, where I like to spend time.

Take for example a non-VIP who wanted to stay in a nice 2 BR at Shearwater all the time. It would require 500,000 points per week, or 26,000,000 points per year.

Jim

 

[vacationhopeful]

My basic plan for being a South Florida Snowbird is cheaper - just dislike those so very long airplane flights to the islands. Plus, I can drive down (or auto train) my car (saving on car rental fees greatly).

Of course, every few years, I could still using my points and go visit Hawaii for several weeks -- just plan with Credit Pooling some points.

 

[ronparise]

Wait, at an average price point of about $5 per 1,000 points....You are using the equivalent of 10,000,000 points a year?? I can't imagine using that many points even if i DID do it full time!

Or, we can be forthright and say the VIP Platinum only makes sense if you are a mega-renter...Because, no one can really vacation enough to make it worth it just by using the points themselves

I cant speak for Jim or Jason, but I go through more than they do. And by the way if you read our posts you will figure out that we are all three still buyers

I didn't say how I use my points. Of course I rent them.

However, at some point I may choose to just live at timeshares, and doing it full time, could use quite a few points.

10,000,000 divided by roughly 50 is 200,000 per week. That's not even enough to stay in a 2 BR in Hawaii, where I like to spend time.

Take for example a non-VIP who wanted to stay in a nice 2 BR at Shearwater all the time. It would require 500,000 points per week, or 26,000,000 points per year.

Jim

Jim

I worked out a scenario where it would take roughly 250,000 points a week to stay in a 2 bedroom in Panama City year round or about 12,000,000 points...but I would add a studio at about 125000 a week or another 6,000,000 points so I need closer to 18,000,000 points (mf is just about $90,000

Then each week cancel, rebook and upgrade so I get the 2 bedroom at half the studio price....The end result is a 2 bedroom all year for 3000000 points

The question then becomes what the heck to do with the 15000000 cancelled points?....Rent of course, and if I can rent at an average price of $7/1000 points I cover all the mf plus another $1000 a month pocket money

ezpz

 

[snickers104]

I dont see the problem with someone being a "mega-renter". It really doesnt affect me or my plans at all...plus it keeps the MF's being paid so the HOA's dont have to eat them. Plus I applaud these people that have made their own business out of renting, and taking all the risks of ownership. Just my opinion....