WinPointVIP lifetime membership

[am1]

My guess is most is retail. That is why they have guest confirmations to give away. Typical owner probably paid way too much for something they do not understand and renting their points is the only way they get used and a way to pay the fees. Owners with mostly retail points are more likely to need someone else to do the renting for them as it is not something they could succesfully do themselves.

But I have for sure data on what the makeup of their supply is.

 

[ronparise]

@ronparise,

Do you have any sense as to how much of WinPointVIP's inventory is made up of points obtained through resale...25%, 50%, 90%?

Also, are we saying that Wyndham's honoring of resale market acquired points for the qualifying of VIP benefits is NOT contractual but completely at Wyndham's discretion?

VIP benefits are entirely at wyndhams discretion whether the points were purchased from Wyndham or not. There is no VIP contract

 

[gemini1977]

@ronparise,

Well they mentioned to me that they had 5x as many points from owners as they've sold through their passport product. I'm not sure how accurate that figure is but that would imply that just 20% of their inventory covers their passport customers.

If the owners they manage points for have points in the millions then it might not be too far from the truth.

 

[Braindead]

I still believe Wyndham likes mega renters. They are excellent owners . They pay their maintenance fees on time . Their contracts are paid for or little debt per point. Only one person to deal with all their reservations. A steady flow of potential clients. If I'm wrong why don't they simply update their software to stop VIP treatment of resale points.

 

[gemini1977]

@Braindead,

You question is a valid one. However, why would a potential Wyndham customer go directly through Wyndham when they could get pretty much the same product from WinPointVIP without the long term commitment and do so at a much lower price than they would have to pay to get the VIP benefits? I know for me, unless their is something significant I am missing, I would much rather go through WinPointVIP. I see no compelling reason to plunk down to own points and incur the annual obligation to pay MF.

Now that doesn't mean there aren't other benefits to Wyndham that I'm not seeing. As you say, they can turn off the spigots any time they want. So there must be something compelling them not to.

 

[Braindead]

Couldn't agree more as long as Wyndham doesn't update their software & Winpoint stays in business . Winpoint is very attractive if you find it first as a customer. I would go with Winpoint if I didn't already own. Just like finding this site in time to rescind or not to purchase from Wyndham I'm one of those & only own resale.

 

[Braindead]

I have over 2 million points 100 percent resale. I have learned so much & saved over $200,000.00 from big owners on this site . Thanks to Ron- Big Rob & Linda & others!!!!!! Thank you for not being selfish & sharing your knowledge !!!!!!

 

[raygo123]

yes thats true, and the discounts could go away at any time... If the discount is why you are buying and you insist on a guarantee... this is not for you

On the other hand if you are looking for vacations at wyndham timeshares, with no obligation for ongoing maintenance fees, and the possibility of discounts... maybe this works

The carriage makers became Fisher Body.

As things go today, I agree, it is a good value.
And your right there are no guarantees in life.

Sent from my Nexus 7 using Tapatalk

 

[am1]

I have over 2 million points 100 percent resale. I have learned so much & saved over $200,000.00 from big owners on this site . Thanks to Ron- Big Rob & Linda & others!!!!!! Thank you for not being selfish & sharing your knowledge !!!!!!

That is great but remember there is a lot that is not shared. One can only really learn by using.

 

[ronparise]

I still believe Wyndham likes mega renters. They are excellent owners . They pay their maintenance fees on time . Their contracts are paid for or little debt per point. Only one person to deal with all their reservations. A steady flow of potential clients. If I'm wrong why don't they simply update their software to stop VIP treatment of resale points.

no they dont... Ive talked to wyndham people in upper management and we are barely tolerated.
They dont like what we do with their system

 

[ronparise]

That is great but remember there is a lot that is not shared. One can only really learn by using.

I have no secrets, but I will say that when I tell people what I do and how I do it they usually dont understand.... and what Im doing today is not what I did two years ago and its not what Ill be doing two years from now... Im sure. As Wyndham changes the music I have to change the dance I do

As you say you can only learn by doing.

 

[ronparise]

The carriage makers became Fisher Body.

As things go today, I agree, it is a good value.
And your right there are no guarantees in life.

Sent from my Nexus 7 using Tapatalk

exactly "adapt or die"

 

[ronparise]

@ronparise,

Well they mentioned to me that they had 5x as many points from owners as they've sold through their passport product. I'm not sure how accurate that figure is but that would imply that just 20% of their inventory covers their passport customers.

If the owners they manage points for have points in the millions then it might not be too far from the truth.

I believe that they also do rentals... all I really know is Wynpoint has never missed a payment (to me)

 

[gemini1977]

@ronparise,

WinPointVIP did mention to me that they are a "mega renter" and that they make most of their profit from that part of the business.


As for why Wyndham does what they do despite it seeming contrary to their interests, one thing they always have to keep top of mind is competing products. Part of the appeal of ownership is the privelages and rights that come with that ownership. If the rules are changed to so that less and less of your owner privelages can be passed on to resale buyers then it makes owning that product less attractive. Wyndham has to maintain a delicate balance.

 

[paxsarah]

As Wyndham changes the music I have to change the dance I do

I love this turn of phrase.

 

[Slinger]

I have over 2 million points 100 percent resale. I have learned so much & saved over $200,000.00 from big owners on this site . Thanks to Ron- Big Rob & Linda & others!!!!!! Thank you for not being selfish & sharing your knowledge !!!!!!

I concur and couldn't agree more!

This site and knowledge base has saved me MUCHO money and allowed us to take some wonderful vacations. :whoopie:

 

[bnoble]

Wyndhams directory states that resale points do NOT get VIP treatment

Where does it say this?

 

[Braindead]

Page 361 right hand side . First page on VIP. I would post but don't know how

 

[Braindead]

Corrected page 345 I think. It states - Eligible points are those purchased from Wyndham Vacation Resorts or authorized affiliate. Points from resale contracts do not count towards VIP status and ARE NOT ELIGIBLE FOR VIP BENEFITS

 

[gemini1977]

You only get VIP with direct points but ounce you get to platinum you can add tens of millions resale points & get VIP treatment on all of your points as it stands today with Wyndhams software

Were you pointing out an exception to this rule or is it just a rule they don't enforce?

 

[buckor]

I have over 2 million points 100 percent resale. I have learned so much & saved over $200,000.00 from big owners on this site . Thanks to Ron- Big Rob & Linda & others!!!!!! Thank you for not being selfish & sharing your knowledge !!!!!!

Exactly! I have 1.1 million points, purchased resale, that have cost me less than $.01/point. Also, by being learning from others on this board, my blended MF is $4.50/1k points.

I, too, thank Ron, Big Rob, Linda, Scott, Jerry, and others who have contributed to what I currently know about Wyndham.

I am enjoying my vacations and that is what matters to me!

Sent from my SAMSUNG-SM-J320AZ using Tapatalk

 

[raygo123]

Were you pointing out an exception to this rule or is it just a rule they don't enforce?

It's a rule they don't enforcement, or can't.

Sent from my Nexus 7 using Tapatalk

 

[johnluyando]

Getting caught up on my TUG reading. I've been preoccupied with the boat for the past month or so. I noticed at the beginning of this thread that there was a response from Winpoint in which it states that the membership is transferable. I have yet to see a membership on the "secondary" market. Perhaps this speaks of how well the program is run. I would be interested to learn if someone has actually sold there membership. This option reduces the risk of owning Winpoint significantly in my mind.

 

[gemini1977]

@johnluyando,

I believe WinPointVIP's passport product has not been around all that long. Additionally, since membership only requires an initial upfront payment, without ANY other financial obligation ever, it isn't that surprising that you would not find it being sold on resale.

I agree that this could be a sign of the value owners see in the product. It would be interesting to see what the resale market would bid for this product versus a comparable one purchased directly from Wyndham.

It would be an interesting excersize considering this product consists mostly of points already obtained through resale. You might find that the very same points are valued more when packaged in this product.

 

[Braindead]

I don't know how you would list WinpointVIP. What are you selling ?