teresatyso
newbie
- Joined
- Dec 3, 2019
- Messages
- 9
- Reaction score
- 3
- Points
- 3
- Resorts Owned
- Sheraton Vistana Villages
First of all - congratulations on the decision to rescind. Absolutely the right call in this situation.
This auction ends shortly - but you can see how the market values SFlex (very few WFlex packages have come to market as it is relatively new):
https://www.ebay.com/itm/106-800-An...438151?hash=item3419a36587:g:MLsAAOSwishdn2Ts
Your purchase price was $0.386/SFlex Option (annualized) which is a bit higher than I would expect on pricing for the EOY Sheraton units. There are certain discounts available - but with a trade in they might give you discount.
I'm one of the few here who will admit openly to buying Westin Flex. In our case we had a specific use in mind and a few other factors - such as requalifying another unit in - but we paid about the same amount per WFlex Option as you did - and WFlex is a much better product than SFlex IMO as you get 8-12 month priority at the Hawaii resorts (which even transfers on resale).
A few points that others have largely already made:
- You already own a great resort and you won't get any additional benefits beyond what you have right now by buying SFlex
- The only way to book Westin Resorts with a Flex package is to either own Westin Flex (home resort period for several of the US Westin Resorts is 8-12 months) or to do a StarOption Exchange in the 0-8 month period IF you bought developer - otherwise you are limited to your home resorts in Sheraton.
- Yes - WFlex MF went up by 6.8% this year but that was largely because the developer was subsidizing the MF which held it down artificially (I believe @controller1 owns WFlex and not SFlex).
- Any talk of booking into Marriott is complete speculation. To his credit, when our sales guy sold us our WFlex package (via central sales - not onsite) he said nothing was announced and he would be shocked if they figured the integration out within the next two years (this was when I asked him if there were integration plans - he could have easily lied).
- 140,000 is an odd number of Flex Options to have. I would have gone with 148,100 for an extra $1.6k. If you are wanting to book into a Westin that would give you a full week in plat season for most resorts.
Thanks jabbberwocky, I now see that different "threads" are in different places (I replied to you on the MF thread). And thank you for the link to Ebay - Yikes!
BTW, the ad for the auction of the FLEX plan implies the buyer can use all 23 Sh & We resorts, but the salesperson (and others in the past) said that upon resale the new owners can only use the resort that they own and do not have the right to use the free internal Star Option exchanges within and between Sh and We. Presumably, from what people have said on TUG, in the FLEX plans, new buyers of "used?" plans can only use the resorts in the one they bought into, either Sh OR We. Which in Sheraton has gone from 6 resorts to 8, I was told. Is this true?