[2006] SVO Resale: Yes you can requalify/retro [MERGED]

[duke]

Closest you can get in my experience is to retro each against a separate developer EOY. We "split" a WDW into odd/even once to do this.

Yup, I did the same. Split a Developer EY into 2 EOY and RETRO'ed Two EY.

 

[LobsterHunter]

Just wanted to provide a data point for retro info. Some may agree or disagree with our choice, but my eyes were wide open (unlike when I first bought from developer, before finding TUG!!)
So we just purchased Westin Flex (BIG MF's!) and here are our specifics:

Bought: 2 Westin Flex 148,100 packages for a total of $106,632 with annual MF of approx. $2,695/each

Traded in: WKORN EY IV - $44,900 (developer purchase)
WKORN EOY IV -$22,500 (developer purchase)
2X Vistana Beach Club -$22,320 (purchased for $1/ea resale 4 yrs ago, and enjoyed every year since in an oceanfront unit)

Retroed in: 1 SDO true Plat for 148,100 and 1 SMV ski week for 148,100

Current MF's for traded in units = approx. $6,450, New WF MF's= approx. $5,400

Purchase price (out of pocket) was $16,912 + $945 closing cost, minus a $1,692 explorer package credit (purchased in Cancun last yr), so a total of $16,165

Starpoints received = 50,000 purchase incentive + 110,000 from explorer package (used corporate sales instead of visiting resort) + approx. 32,000 for using SPG Amex

Who knows what Westin Flex resale will be, but I imagine for a 148,100 package it won't be a whole lot less then a WKORN IV 2br L/O. Even a resale Plat WDW or WMH is a couple thousand w/no option to trade into Hawaii...so who really knows?

 

[jimwu921]

I feel this is a great deal. Just the spg points are worth at least 4k plus you get all the elite benefit.

Just wanted to provide a data point for retro info. Some may agree or disagree with our choice, but my eyes were wide open (unlike when I first bought from developer, before finding TUG!!)
So we just purchased Westin Flex (BIG MF's!) and here are our specifics:

Bought: 2 Westin Flex 148,100 packages for a total of $106,632 with annual MF of approx. $2,695/each

Traded in: WKORN EY IV - $44,900 (developer purchase)
WKORN EOY IV -$22,500 (developer purchase)
2X Vistana Beach Club -$22,320 (purchased for $1/ea resale 4 yrs ago, and enjoyed every year since in an oceanfront unit)

Retroed in: 1 SDO true Plat for 148,100 and 1 SMV ski week for 148,100

Current MF's for traded in units = approx. $6,450, New WF MF's= approx. $5,400

Purchase price (out of pocket) was $16,912 + $945 closing cost, minus a $1,692 explorer package credit (purchased in Cancun last yr), so a total of $16,165

Starpoints received = 50,000 purchase incentive + 110,000 from explorer package (used corporate sales instead of visiting resort) + approx. 32,000 for using SPG Amex

Who knows what Westin Flex resale will be, but I imagine for a 148,100 package it won't be a whole lot less then a WKORN IV 2br L/O. Even a resale Plat WDW or WMH is a couple thousand w/no option to trade into Hawaii...so who really knows?

 

[tarahsu]

Hi All:
I have 2 SDO resales. What does re qualifying mean and should I do it?

 

[vistana101]

Starpoints received = 50,000 purchase incentive + 110,000 from explorer package (used corporate sales instead of visiting resort) + approx. 32,000 for using SPG Amex

Sounds like a great deal, congrats! How did you get so many points from the explorer package? We just got one for 4 nights + 80,000 points hm.

 

[LobsterHunter]

Sounds like a great deal, congrats! How did you get so many points from the explorer package? We just got one for 4 nights + 80,000 points hm.

We bought a $2,545 explorer package last year in Cancun, thinking we might retro in 1 unit, it was 80k SO after we returned & did tour, but by buying w/out returning to resort it is actually 110k SO (the difference is they charge you those 30K SO for your 4 night stay). We only got a $1,692 credit because it is 10% of purchase price. We could have got full $2,545 credit for Explorer, but we would have to put in $25K+ in new money.

 

[LobsterHunter]

Also, I thought it was a min of $10k new money per retro, but not the case. Because each purchase was over $50k (regardless of trade-in properties) we were able to retro in two 148,100 properties for only $16K new money.

We really wanted a deeded property instead of WF, but that offer was:
Take back 2 VBC prop & WKORN EY & WKORN EOY in exchange for 2 annual Ocean View units (WKORN) with new money of $46,080 + $945 closing, $2,545 explorer credit, 110k SP (explorer package) + 40k SP purchase incentive....NOT worth an extra $30K out of pocket for us!

 

[dioxide45]

We bought a $2,545 explorer package last year in Cancun, thinking we might retro in 1 unit, it was 80k SO after we returned & did tour, but by buying w/out returning to resort it is actually 110k SO (the difference is they charge you those 30K SO for your 4 night stay). We only got a $1,692 credit because it is 10% of purchase price. We could have got full $2,545 credit for Explorer, but we would have to put in $25K+ in new money.

Just to clarify, you mean SPG points not SOs.

 

[LobsterHunter]

Just to clarify, you mean SPG points not SOs.

My bad, yes 110k SP instead of 80K SP, 30K SP is what they deduct for the 4 night stay

 

[SteveS1]

Just wondering if anyone has retroed/requalified Sheraton Flex FO or know if it can be done?

I currently have 206K Sheraton FO, requaled LT ski week 129K so and Harborside 1br premium winter week 81K..all resale then requaled , (thanks to learnings from this thread!) so I’m 4* elite.

I use all the SO/FO for travel or rental and have been short in recent years . Also 4* isn’t terribly valuable.

Now may not be the right time to go for 5* but if it can be done may think about picking up some FO resale.

Thanks!

 

[KACTravels]

Just wanted to provide a data point for retro info. Some may agree or disagree with our choice, but my eyes were wide open (unlike when I first bought from developer, before finding TUG!!)
So we just purchased Westin Flex (BIG MF's!) and here are our specifics:

Bought: 2 Westin Flex 148,100 packages for a total of $106,632 with annual MF of approx. $2,695/each

Traded in: WKORN EY IV - $44,900 (developer purchase)
WKORN EOY IV -$22,500 (developer purchase)
2X Vistana Beach Club -$22,320 (purchased for $1/ea resale 4 yrs ago, and enjoyed every year since in an oceanfront unit)

Retroed in: 1 SDO true Plat for 148,100 and 1 SMV ski week for 148,100

Current MF's for traded in units = approx. $6,450, New WF MF's= approx. $5,400

Purchase price (out of pocket) was $16,912 + $945 closing cost, minus a $1,692 explorer package credit (purchased in Cancun last yr), so a total of $16,165


Did this make you 4* Elite?

 

[tomandrobin]

Bought: 2 Westin Flex 148,100 packages for a total of $106,632 with annual MF of approx. $2,695/each

Traded in: WKORN EY IV - $44,900 (developer purchase)
WKORN EOY IV -$22,500 (developer purchase)
2X Vistana Beach Club -$22,320 (purchased for $1/ea resale 4 yrs ago, and enjoyed every year since in an oceanfront unit)

Retroed in: 1 SDO true Plat for 148,100 and 1 SMV ski week for 148,100

Current MF's for traded in units = approx. $6,450, New WF MF's= approx. $5,400

Purchase price (out of pocket) was $16,912 + $945 closing cost, minus a $1,692 explorer package credit (purchased in Cancun last yr), so a total of $16,165

Starpoints received = 50,000 purchase incentive + 110,000 from explorer package (used corporate sales instead of visiting resort) + approx. 32,000 for using SPG Amex

Very nice! I like the creative trade-in/retro deal you made.

 

[LobsterHunter]

5* w/other units we already owned

 

[ERDoc74]

Is this still an option? I am very interested in doing this if so, but curious why it’s been since 2018 sine a post on this thread was made….?

 

[CPNY]

Is this still an option? I am very interested in doing this if so, but curious why it’s been since 2018 sine a post on this thread was made….?

Yeah you can purchase a flex plan from vistana right now to retro/enroll a resale. One thing I wouldn’t do If I were you is give back your WSJ unit. If you purchased that unit resale and want to retro the unit, you can buy a flex point package.