Having just been paid by VacationShare, I decided to share my experience as a way to repay all the help TUG has given me. First let me share several “tips:”
VacationShare can deny your booking. They send out approval and denial emails within 2 days of submission and update them within your account. I had two submissions denied. Once it is denied, you can cancel the booking in Wyndham and get back the points if it is still within the window when you can do that.
During the waiting time, I tried to call VacationShare three times and to e-mail three times to ask questions. None of the e-mails were responded to. I only got through one time by phone. The person on the phone needed to put me on hold in order to tell me if any of my bookings were rented out (i.e., the information was not on the same system). At that point, two out of the three bookings were partially rented out.
I ask the VacationShare rep on the phone if I can cancel a listing on my end. She said yes, but the answer is you can request to cancel but VacationShare can deny your request. In your VacationShare account, you can click on a listing. On the upper righthand side is a red button for “Request to Cancel.” Use that to make your request. I did not do this so I can’t say anymore.
The VacationShare account is really only there for you to submit your booking and to keep track of whether it has been approved. It does not tell you when a listing has been rented out partially, in full or not at all. It does not indicate if you have been paid.
Even upon payment, I cannot tell which payment was for which listing. The emails telling me to get the money had nothing that indicate which contract was being fulfilled. Since I got three emails, I assumed all three of my listing were rented out at least partially. But that is just my assumption. Without that level of detail, I cannot analyze further without making more assumptions.
Is it worth it? I won’t know until I get the tax documents next year and file taxes on the earnings. One way to limit your tax liability is to restrict your listings to one state. But that may not be feasible for everyone.
All the best to everyone!
- Book a unit within the 60 days of the starting date to minimize your point usage/discount.
- Submit the booking that you cannot use on the VacationShare account ASAP to maximize the amount of time it is listed on the market.
- Submit only what VacationShare will take. When you first log in to your VacationShare account, to the lefthand side is a clickable link called “Black Out Dates.” It is supposed to be a list of resorts that participate in the program and their blackout dates. But it is not the final version. You can access the final (or current working) list of resorts when you start to submit your listing. In that form, the dropdown list of participating resorts is shorter than the list on the Black Out Dates. Also, once you have submitted your listing, you wait for it to be approved. VacationShare has the final say.
- Be patient. The process, if you follow tip 1, takes 60 days + length of booking + 6 weeks. Do this only if you don’t need constant updates because the VacationShare account is quite bare. When I finally got someone on the phone and I told her I waited 45 minutes, her response was, “Oh, that’s short. It was over 2 hours before.”
VacationShare can deny your booking. They send out approval and denial emails within 2 days of submission and update them within your account. I had two submissions denied. Once it is denied, you can cancel the booking in Wyndham and get back the points if it is still within the window when you can do that.
During the waiting time, I tried to call VacationShare three times and to e-mail three times to ask questions. None of the e-mails were responded to. I only got through one time by phone. The person on the phone needed to put me on hold in order to tell me if any of my bookings were rented out (i.e., the information was not on the same system). At that point, two out of the three bookings were partially rented out.
I ask the VacationShare rep on the phone if I can cancel a listing on my end. She said yes, but the answer is you can request to cancel but VacationShare can deny your request. In your VacationShare account, you can click on a listing. On the upper righthand side is a red button for “Request to Cancel.” Use that to make your request. I did not do this so I can’t say anymore.
The VacationShare account is really only there for you to submit your booking and to keep track of whether it has been approved. It does not tell you when a listing has been rented out partially, in full or not at all. It does not indicate if you have been paid.
Even upon payment, I cannot tell which payment was for which listing. The emails telling me to get the money had nothing that indicate which contract was being fulfilled. Since I got three emails, I assumed all three of my listing were rented out at least partially. But that is just my assumption. Without that level of detail, I cannot analyze further without making more assumptions.
Is it worth it? I won’t know until I get the tax documents next year and file taxes on the earnings. One way to limit your tax liability is to restrict your listings to one state. But that may not be feasible for everyone.
All the best to everyone!
