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How Do I Rent - Worldmark Owner

Discussion in 'Worldmark The Club' started by Bonkhead, Jan 11, 2019.

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  1. Bonkhead

    Bonkhead Guest

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    I know this topic has probably been discussed at least one thousand times here, but I am a NEWBIE. I own 35,000 credits through Worldmark and the fees are beginning to become burdensome. I always hear about people renting out their units, so that is what I am asking about. If I want to rent to recoup some of my fees, how do I post a unit for rent, and what do I need to know? I thought Worldmark prohibited renting units out, but I know people do it all the time. I was considering contacting Ovation to see if I could get rid of 10,000 credits, but if I can rent and get income to cover my costs, I would keep my ownership. Any help or advice will be highly appreciated.
     
  2. Tacoma

    Tacoma TUG Member

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    The easiest thing to do is to your credits out to others owners usually for 6.5 to 7.5 cents a credit depending on expiry date. The other way is to rent out a reservation that you made. This is more lucrative and allowed by worldmark's rules but owners do not like that units get rented. Do what works for you.
     
  3. Bonkhead

    Bonkhead Guest

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    Thank you so much. So, let's say I want to sell 10000 credits to other owners. How do I go about doing this?
     
  4. sun starved Gayle

    sun starved Gayle TUG Member

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  5. Bonkhead

    Bonkhead Guest

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    Great, Thank you.
     
  6. breezez

    breezez TUG Member

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    Hyatt Pinon Pointe
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    If you like WorldMark, but find 35,000 credits is to much you can split your account and sell off part of it.

    I know you can split, but what I am not sure of is can you sell and split at once? Or must you do one then the other.

    Call owner care and ask them if interested.
     
  7. Bonkhead

    Bonkhead Guest

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    Breezez:
    Thank you for that info. I was going to contact Ovation to see if they can help.
     
  8. breezez

    breezez TUG Member

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    What ever you do if your account is paid off don’t us ovations 35K WM account is worth at least $10-$11K. Using ovation you would be throwing that money away.
     
  9. Bonkhead

    Bonkhead Guest

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    My account is paid in full. How would I go about selling it if I decided to?
     
  10. sue1947

    sue1947 TUG Member

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    Go to wmowners.com/forum and look through the Memberships for sale forum. You will get a good idea of what accounts are selling for depending on size and how many credits are available. In addition, you can find trusted resellers if you want to go that route. You will likely sell it for more there than you will elsewhere.

    Sue
     
  11. hudshut

    hudshut TUG Member

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    Last edited: Jan 12, 2019 at 2:58 PM
  12. Bonkhead

    Bonkhead Guest

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    Thank you for all the great help. I love this site.
     

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