Extra Holidays - transferring to them to sell?

[Xcalibur]

Anyone ever have any luck using them to sell the vacation? I was quoted 60% of their sale price... I was gonna cancel a reservation but was told that because of the lack of inventory that it would like be sellable... I was also advised to take the points protection, that way if it did not sell, i would get the points back. Would love to hear ppl's thoughts and experiences...

 

[55plus]

If the reservation is at a high demand location or during a demand timeframe, list it yourself and keep 100% of the renting price. Craigslist is great for something like this. It's what I use.

 

[Xcalibur]

If the reservation is at a high demand location or during a demand timeframe, list it yourself and keep 100% of the renting price. Craigslist is great for something like this. It's what I use.

I see... i've never rented it out before... where would I get the paperwork to do this? How does one protect themselves from the liability of a poor or reckless tenant, etc...

 

[55plus]

You are renting, not leasing so a full blown rental agreement isn't necessary in my opinion. I include in the PayPal invoice the terms and conditions. By paying the invoice constitutes agreement to the terms and conditions. It like staying at a hotel, not renting a house. Keep it short and simple.

 

[tschwa2]

Keep in mind when you give a reservation to Extra Holiday's they may not rent out the whole time. They may only rent out a day or two and if they rent out even a day then you would not be eligible to cancel even if you have points shield. They also could rent it out as multiple stays in which case they don't charge you extra hk credits, they simply take the cost of the extra cleaning between guests and take that out of what they pay you.

 

[Xcalibur]

Keep in mind when you give a reservation to Extra Holiday's they may not rent out the whole time. They may only rent out a day or two and if they rent out even a day then you would not be eligible to cancel even if you have points shield. They also could rent it out as multiple stays in which case they don't charge you extra hk credits, they simply take the cost of the extra cleaning between guests and take that out of what they pay you.

wow... that's terrible. I just talked to them and you don't even know how much they might rent it out for, how much they are renting it out for if they have a tenant/guest. they won't tell you anything until after the fact. that is crazy! i don't understand how anyone would want to do that.

 

[tschwa2]

wow... that's terrible. I just talked to them and you don't even know how much they might rent it out for, how much they are renting it out for if they have a tenant/guest. they won't tell you anything until after the fact. that is crazy! i don't understand how anyone would want to do that.

correct and that is why most people recommend that you rent it out yourself. It's really no crazier than having a program where you can turn in points which cost you $1000 in MF to cover $450 of those MF's (and not points that are about to expire- good points). Wyndham doesn't care. It;s a win win for them. They can use these programs as selling points and totally gloss over how they are not good deals for the owner.

And yet owners use these programs.

 

[vacationhopeful]

A one night rental is gladly accepted for your 7 night reservation by Extra Holidays. WHAT a loser position for a Wyndham owner!

BUT this has been a very good deal for Wyndham over the years. Lots of NEW clients for the sales staff to sell points to. And I would bet, many Extra Holiday guests might be found in your unit as it sits vacation those 6 other nights.

PS I did FIND an Extra Holiday guest(s) in my winter fixed week unit at Wyndham Sea Gardens ... took that to the resort's HOA annual meeting a week later. The area VP from Wyndham shut the HOA's Q&A session down in 4 seconds and RAN away. I think I was surrounded by 20+ other Wyndham owners in under a minute. I simply called my unit after they front desk told me my unit was occupied. So, I called the unit and asked for "Linda" where the guest admitted "no Linda here." and they did NOT know "the Linda" who owned the unit as they rented the unit from "Extra Holidays".

 

[Silverdollar]

I see... i've never rented it out before... where would I get the paperwork to do this? How does one protect themselves from the liability of a poor or reckless tenant, etc...

I am a Wyndham VIP Platinum owner and last year used a portion of my points to rent out enough units in the first three months of 2018 to pay for ALL my maintenance fees for the year, and still had plenty points left to vacation. I used the following rental agreement with all my renters:

https://www.redweek.com/files/rentals/diy/sample-agreement.pdf

 

[Family_travel]

If you use them post your results, please!

 

[WyndhamBarter]

This thread feels like a duplicate, so I request folks stop posting in it. The OP
started a second one at the same time with the same message, and it has received more
replies here:

https://tugbbs.com/forums/index.php?threads/extra-holidays-transferring-to-them-to-sell.288571


(In fact, one of the mods might want to close this thread to further posts,
but maybe needhelp's message above should be moved so they don't get
left out

, please!

)