Wyndham eliminating mega-renters

[CO skier]

Her last name is Bowers
blah ... blah... blah

Yes, I remember all of that. We met Kendra, actually. We met her at her home way back then. She lost her home because her lifestyle changed drastically.
blah ... blah ... blah

What does anything of this have to do with the topic at hand?

 

[ronparise]

I don’t think it was Jim’s obit. I haven’t talked to him in years… since 2017 when I got my big payday from Wyndham. I tried to convince him to call the Wyndham lawyer I was dealing with because he( (the lawyer) told me they were going after the Worldmark renters. But then the lawyer left Wyndham and I lost any influence I may have had

I didn’t realize it at the time but I got out at a great time ( not that I had a choice).
I should stop here but there are a lot of posts here that talk about me and the others that were pushed out in the 2016 account freezes one that I saw that critized me for posting so much about what I was doing. As if I was trying to bring down the house. So rather than trying to answer each post with miss information I’m going to try to respond here


Wyndham has been going after the renters for a long time. Well before I bought my first contract. My take on it was that they thought if they kept making it more expensive to rent that they could control it so no more owner to owner point transfers : new fees and they changed the number of pics one could do. I didn’t know it in 2010 when I bought my first contracts, but there were several mega renters that sued Wyndham over these changes. I still don’t know whether any of them got settlements or not but I don’t think they are Wyndham owners any more

 

[ronparise]

What does anything of this have to do with the topic at hand?

what is the topic at hand? I thought it was Wyndham changed the rules (again) in an effort to control renting

we are just offering a little historical perspective

 

[CO skier]

we are just offering a little historical perspective

With about as much relevance as grandparents. "I remember back in the good old days ..."

 

[dioxide45]

With about as much relevance as grandparents. "I remember back in the good old days ..."

Why not just ignore the comments and move on? No need to be so grumpy about everything.

 

[vacationtime1]

With about as much relevance as grandparents. "I remember back in the good old days ..."

"Those who cannot remember the past are condemned to repeat it." (Santayana, 1905)

 

[am1]

I didn’t realize it at the time but I got out at a great time ( not that I had a choice).
I should stop here but there are a lot of posts here that talk about me and the others that were pushed out in the 2016 account freezes one that I saw that critized me for posting so much about what I was doing. As if I was trying to bring down the house. So rather than trying to answer each post with miss information I’m going to try to respond here


Wyndham has been going after the renters for a long time. Well before I bought my first contract. My take on it was that they thought if they kept making it more expensive to rent that they could control it so no more owner to owner point transfers : new fees and they changed the number of pics one could do. I didn’t know it in 2010 when I bought my first contracts, but there were several mega renters that sued Wyndham over these changes. I still don’t know whether any of them got settlements or not but I don’t think they are Wyndham owners any more

Some information/ideas is better kept private. Stripping contracts and then returning them to Wyndham is one and then there are tricks that no one Wyndham or others need to know about. I just kept cashing cheques and wood only voice my issues Wyndham.

Not giving a 101 course on becoming a mega renter. Thankfully I had come across on my own a few tips and tricks and such that you or others had no idea about.
But yes in timeshares make as much money as you can as quickly as possible.

If one wants to mega rent now they just need to get access to the thousands of VIP accounts that are under used. With less competition it could be almost as good as before.

I remember a timeshare resale company transferring as many points as they could until Wyndham stopping that. Then for whatever reason Wyndham decided to give me almost unlimited points.

 

[HitchHiker71]

Honestly, I'd prefer Wyndham simply do what they did in 2016 - audit and freeze the offending accounts and deal with the megarenters separately - don't continue to whittle away at the VIP benefits - this is not a good management business practice. Everyone who is anyone knows that successful business management practices focus on the 80% - not the 20% that are exceptions to the rule. Deal with the 20% separately - and deal with them harshly when necessary - to set an example for anyone else who may consider abusing the system for commercial business purposes. The vast majority of us who simply use our VIP ownership for personal use are paying a heavy price for the few who want to run commercial enterprises.

 

[Jan M.]

If one wants to mega rent now they just need to get access to the thousands of VIP accounts that are under used. With less competition it could be almost as good as before.

And that will find those VIP owners receiving a certified letter from Wyndham.

The point managers are putting the owners they manage at risk of receiving a letter by continuing to rent. The point managers need to make their money while they still can. I would guess that the majority of their clients are blissfully ignorant of what all is happening. How happy are those owners going to be when they want to plan a family vacation with the points they keep for their own use and find out the point managers have used their two allowed guest confirmations. On eBay I'm seeing point managers listing a lot of stays that are on the blackout lists. When those reservations get cancelled they're going to be refunding a whole lot of money. Or screwing the unfortunate people who bought those stays.

Some owners are continuing to rent stays on the blackout lists and counting on being able to cheat the system by waiting until the guest is ready to check in to change the reservation to their name. From what I was told at a resort by someone who would definitely know, they're watching for that.

Between the blackout lists, the letters and the upcoming separation of developer and resale points, it would be very foolish not to see the handwriting on the wall. Anyone who thinks Wyndham doesn't have a plan and they've done all they're going to do is deluding themself.

Too many owners are beyond fed up with seeing other owners profiting off the rentals of reservations they would like to have. The squeaky wheel will prevail.

 

[Sloane S]

Just curious, is this thread not visible in the Wyndham forum for anyone else?

 

[Eric B]

Just curious, is this thread not visible in the Wyndham forum for anyone else?

It won't show up in the listing in the Wyndham forum if you're one of the myriad that has OP on ignore.

 

[am1]

And that will find those VIP owners receiving a certified letter from Wyndham.

Between the blackout lists, the letters and the upcoming separation of developer and resale points, it would be very foolish not to see the handwriting on the wall. Anyone who thinks Wyndham doesn't have a plan and is done is deluding themself.

Owners are beyond fed up with seeing other owners profiting off the rentals of reservations they would like to have. The squeaky wheel will prevail.

Owners seem to be against capitalism. What is wrong with equal opportunity? Want to side with the company that sold magic beans. If it was me I would not go away without a fight.

 

[55plus]

Owners seem to be against capitalism. What is wrong with equal opportunity? Want to side with the company that sold magic beans. If it was me I would not go away without a fight.

Some owners are actually using those magic beans for what they were designed for, personal use, not for commerce. As for capitalism, that's what helped create Wyndham.

 

[am1]

Some owners are actually using those magic beans for what they were designed for, personal use, not for commerce. As for capitalism, that's what helped create Wyndham.

Tell that to the sales people who sold the timeshares and management who got them to target people to rent.

 

[Jan M.]

Owners seem to be against capitalism. What is wrong with equal opportunity? Want to side with the company that sold magic beans. If it was me I would not go away without a fight.

And look where that got you. No longer an owner.

You want a capitalist venture then buy something intended for that purpose. Again Wyndham timeshares are for personal use as specified in what we signed when we bought developer and what's in the directories for those who bought resale or forgot what they signed when they bought. Using the timeshares as a capitalist venture is a cheat and no playing with words changes that one iota.

What some owners were able to get away with doing in the past is completely irrelevant once Wyndham decides it's over.

 

[rickandcindy23]

And look where that got you. No longer an owner.

You want a capitalist venture then buy something intended for that purpose. Again Wyndham timeshares are for personal use as specified in what we signed when we bought developer and what's in the directories for those who bought resale or forgot what they signed when they bought. Using the timeshares as a capitalist venture is a cheat and no playing with words changes that one iota.

What some owners were able to get away with doing in the past is completely irrelevant once Wyndham decides it's over.

True. We gamed the system. I am ready to waive the white flag and not fight any of it.

 

[T-Dot-Traveller]

......... the past is completely irrelevant once Wyndham decides it's over.

The Golden Rule -
They who have the gold - rule !

 

[rickandcindy23]

Some owners are actually using those magic beans for what they were designed for, personal use, not for commerce. As for capitalism, that's what helped create Wyndham.

You think timeshares in other systems are not rented by the thousands? Check Redweek for your answer on that one. Look at any Marriott or Westin on Maui for a clue. Maybe this will stop sometime in the future.

I wonder what the sales' pitch will be now for the Wyndham salespeople to entice them into Platinum ownership? You can retire and travel 52 weeks a year? I think someone figured out that one could absolutely do that with discounts and staying in smaller accommodations.

And for every post by a "mega renter" you see here, there are dozens of mega renters watching this all unfold and keeping to themselves, some are probably watching TUG to see whether others are going to fight Wyndham. I know a few who haven't been here but I know they are watching. I see their usernames logged in. They can out themselves, I won't do it. I know who the competition is.

 

[rickandcindy23]

A lot of people sure have opinions on all of this, even those who don't own anything in Wyndham that I can see in profiles. It's hurtful to see all of the bloviating against "mega renters." I am glad you all find it so amusing.

The first time I attended a timeshare presentation for Wyndham was on Maui. The salesperson had quite the sales' pitch going on a rental business for us to set us up for life. This was 2005. This was back when PIC weeks were unlimited, and we owned 7 weeks at Val Chatelle and Twin Rivers. It was enticing to hear all about it, but in the end, I walked away because it was so insane to even think about such a thing. He talked about the discounts and the ability to rent with a small purchase.

My entire take on that pitch at the end of the day was, "Why are you selling timeshares on Maui, when you have nothing on Maui?"

 

[Ty1on]

A lot of people sure have opinions on all of this, even those who don't own anything in Wyndham that I can see in profiles. It's hurtful to see all of the bloviating against "mega renters." I am glad you all find it so amusing.

The first time I attended a timeshare presentation for Wyndham was on Maui. The salesperson had quite the sales' pitch going on a rental business for us to set us up for life. This was 2005. This was back when PIC weeks were unlimited, and we owned 7 weeks at Val Chatelle and Twin Rivers. It was enticing to hear all about it, but in the end, I walked away because it was so insane to even think about such a thing. He talked about the discounts and the ability to rent with a small purchase.

My entire take on that pitch at the end of the day was, "Why are you selling timeshares on Maui, when you have nothing on Maui?"

Many of us just don't list what we own on our profiles

 

[am1]

And look where that got you. No longer an owner.

You want a capitalist venture then buy something intended for that purpose. Again Wyndham timeshares are for personal use as specified in what we signed when we bought developer and what's in the directories for those who bought resale or forgot what they signed when they bought. Using the timeshares as a capitalist venture is a cheat and no playing with words changes that one iota.

What some owners were able to get away with doing in the past is completely irrelevant once Wyndham decides it's over.

No it got me a nice life. The money I made I saved and invested. We did get to go on a bunch of trips and stay in nice places. 4 of us in the 4-6 of us in4 bedroom presidential. Thankfully I saw the writing on the wall and transferred 4 million points to Wyndham rewards. Wyndham one upped me and changed the points needed for hotel stays. I only purchased to make a profit. One of the few that had the capacity and discipline to make it work.

Wyndham sure has taken a long time eliminating mega renters.

I talked years before it actually happened on here that eventually it would hit the fan.

 

[troy12n]

Owners seem to be against capitalism. What is wrong with equal opportunity? Want to side with the company that sold magic beans.

Capitalism is starting your own timeshare company... go for it.

If it was me I would not go away without a fight.

I was kind of under the impression you were made to go away, am I wrong?

 

[am1]

Capitalism is starting your own timeshare company... go for it.



I was kind of under the impression you were made to go away, am I wrong?

Capitalism is using what is available to your advantage.

Yes Wyndham wanted me out. We came to a way that would happen.

Thankfully I can just sit on the sidelines now.

 

[55plus]

The meaning of 'mega renters' is, one who takes most of the prime locations and dates, not for their personal use, but to profit off of and leaves the leftovers for the rest of us. I'm sorry for those who got hurt in the process, but that's part of doing business, and being a mega renters is a business. Personally, my VIP Platinum became more valuable to me by more opportunities for those hard to come by locations and timeframes. The majority of owners will benefit from these changes.

 

[paxsarah]

The meaning of 'mega renters' is, one who takes most of the prime locations and dates, not for their personal use, but to profit off of and leaves the leftovers for the rest of us. I'm sorry for those who got hurt in the process, but that's part of doing business, and being a mega renters is a business. Personally, my VIP Platinum became more valuable to me by more opportunities for those hard to come by locations and timeframes. The majority of owners will benefit from these changes.

I really think your image of the megarenters booking all of the best things at 10-13 months and leaving others with the dregs is questionable. I think there are going to be a lot of owners who complain about renters (and I'm thinking of a lot of comments I see on FB) who are going to continue to be disappointed when they try to book prime locations and dates at anything other than 10-13 months and not finding the availability they want. They show up in April complaining that they can't book anything for summer. Well, duh.