[ 2015 ] will they close the deal

[ronparise]

I bid on this yesterday:

Wyndham Royal Sea Cliff- Annual 357,000 Pts

yea I know the seller doesnt have a great reputation and I dont have any experience with him, and I know the mf is high, and I know prices have been coming down, so my bid was fairly low.

But Damn! I won, $280; all in

Wouldnt be surprised if I never see a contract

 

[spackler]

I've noticed some crazy-cheap prices for Bonnet Creek for recent auctions...wonder what's going on with prices. Is this a seasonal thing?

 

[scootr5]

Is this a seasonal thing?

Since most Wyndham fees are paid monthly, they don't have as much seasonal swing as other systems.

 

[Sugarcubesea]

Ron, congrats that is a fabulous price

I bid on this yesterday:

Wyndham Royal Sea Cliff- Annual 357,000 Pts

yea I know the seller doesnt have a great reputation and I dont have any experience with him, and I know the mf is high, and I know prices have been coming down, so my bid was fairly low.

But Damn! I won, $280; all in

Wouldnt be surprised if I never see a contract

 

[ronparise]

I've noticed some crazy-cheap prices for Bonnet Creek for recent auctions...wonder what's going on with prices. Is this a seasonal thing?

There is something happening and its happened for the last several years. Supply goes up at the end of the year and prices come down. As has been said, it doesn't have any thing to do with maintenance fees because most of us pay monthly but something is happening

 

[CO skier]

The $1 Club Wyndham timeshares (less than $500 all-in with fees) never went away. This is just another one.

Potential buyers must be thinking more about holiday shopping than timeshare shopping for summer vacations. Demand declines and prices along with it. That will be the market through February.

Is Ovation still accepting deed-backs?

The real indicator for the market price, I think, is the price of Club Wyndham Access. Those contracts, for some reason, have been attracting the bids.

When 350,000 CWA contracts start appearing on EBay for under $1000 all-in, then things have changed

 

[CO skier]

Prices peak in August when people are in summer vacation mode.

How do prices now compare to this summary from August 2013?

http://www.tugbbs.com/forums/showpost.php?p=1521687&postcount=12

 

[Ty1on]

I just picked up a couple smallish contracts with higher than optimal MF (but not insanely high) for less than $0.50/K, All In.

 

[ronparise]

Prices peak in August when people are in summer vacation mode.

How do prices now compare to this summary from August 2013?

http://www.tugbbs.com/forums/showpost.php?p=1521687&postcount=12

They seem to be going below that level

So far this month Ive contracted for 1,353,000 points, Six contracts range in size from 84000 points to 357000 points total price just under $6000 all in; so yes under 50 cents per 1000

earlier this year I was happy to pay a dollar and have paid as much as a buck and a half.. So Im happy, I just wish I had more cash

 

[tschwa2]

I've bought from that seller. It took a a little over 3 months. It was supposed to be in weeks but it was in RCI points. Took another bit to get that straightened out. I think they don't care how cheap it goes for.

 

[ronparise]

I've bought from that seller. It took a a little over 3 months. It was supposed to be in weeks but it was in RCI points. Took another bit to get that straightened out. I think they don't care how cheap it goes for.

I think you must be right, I just got the bill

 

[Bigrob]

I think you must be right, I just got the bill

You know that's for Edisto Island and not Royal Sea Cliff, right? Crazy high MF there.

 

[ronparise]

You know that's for Edisto Island and not Royal Sea Cliff, right? Crazy high MF there.

I asked and was told royal sea cliff
posted on the eBay ad

 

[Bigrob]

I asked and was told royal sea cliff
posted on the eBay ad

Interesting. I asked and was told Edisto Island.

Dear bigrob8,

Edisto Island
If you need to contact me please send an email to:
benjamintimeshares at gmail dot com
Click the Respond button to reply through Messages, or go to your email to reply

Respond


From: bigrob8
To: benjamintimeshares
Subject: Details about item: bigrob8 sent a message about Wyndham Royal Sea Cliff- Annual 357,000 Pts - 12/31 Refresh- Usage Starts 2016! #272018466048
Sent Date: Oct-17-15 20:08:35 PDT

Dear benjamintimeshares,

is this for Edisto Island (South Carolina) or Royal Sea Cliff (Hawaii)?

- bigrob8


Looks like you may be the beneficiary of the confusion.

 

[scootr5]

Looks like you may be the beneficiary of the confusion.

Or the unlucky recipient if it's one of the $8/K Edisto units.

 

[ronparise]

Or the unlucky recipient if it's one of the $8/K Edisto units.

I thought Ocean Ridge was all converted weeks, which means the points ought to match up with the points chart

There is no week or combination of weeks that match anything on the points chart, so I concluded that this was not ocean ridge.

Of course if Ocean Ridge is UDI... I may have made a mistake

but not too bad, If the 2016 and 2017 points are in the contract That means in Jan Ill have over a million points in the credit pool worth $6/1000 to me or about $6000 at $8/1000 my mf next year will be under $3000, so a $3000 profit in the first year.

 

[Sugarcubesea]

Ron, I hope it works out for you, good luck

I thought Ocean Ridge was all converted weeks, which means the points ought to match up with the points chart

There is no week or combination of weeks that match anything on the points chart, so I concluded that this was not ocean ridge.

Of course if Ocean Ridge is UDI... I may have made a mistake

but not too bad, If the 2016 and 2017 points are in the contract That means in Jan Ill have over a million points in the credit pool worth $6/1000 to me or about $6000 at $8/1000 my mf next year will be under $3000, so a $3000 profit in the first year.

 

[Bigrob]

I thought Ocean Ridge was all converted weeks, which means the points ought to match up with the points chart

There is no week or combination of weeks that match anything on the points chart, so I concluded that this was not ocean ridge.

Of course if Ocean Ridge is UDI... I may have made a mistake

but not too bad, If the 2016 and 2017 points are in the contract That means in Jan Ill have over a million points in the credit pool worth $6/1000 to me or about $6000 at $8/1000 my mf next year will be under $3000, so a $3000 profit in the first year.

I own an Ocean Ridge (hopefully temporarily... I've signed the paperwork 3+ months ago selling it but it's still sitting blissfully in the account tapping into the cash register each month). It is a UDI, not a converted fixed week, with an oddball number of points. So they do exist.

 

[ronparise]

I own an Ocean Ridge (hopefully temporarily... I've signed the paperwork 3+ months ago selling it but it's still sitting blissfully in the account tapping into the cash register each month). It is a UDI, not a converted fixed week, with an oddball number of points. So they do exist.

the ad quotes an mf of 6.2, if thats what it is, Im ok with Ocean Ridge or a Royal Sea Cliff

I guess the question is did the seller start with a template for Ocean Ridge and miss one line when he converted it to Royal Sea Cliff or did he start with an old Royal Seacliff ad and mess up the edit to Ocean Ridge.

heres what I think happened, The seller sold an Ocean Ridge, He took his ad and edited it for his next sale, Royal Sea Cliff, but missed one line


Check it out

http://www.ebay.com/itm/Wyndham-Oce...457272?hash=item3f5506ee78:g:B1kAAOSw5VFWFZz5

 

[Bigrob]

the ad quotes an mf of 6.2, if thats what it is, Im ok with Ocean Ridge or a Royal Sea Cliff

I guess the question is did the seller start with a template for Ocean Ridge and miss one line when he converted it to Royal Sea Cliff or did he start with an old Royal Seacliff ad and mess up the edit to Ocean Ridge.

heres what I think happened, The seller sold an Ocean Ridge, He took his ad and edited it for his next sale, Royal Sea Cliff, but missed one line


Check it out

http://www.ebay.com/itm/Wyndham-Oce...457272?hash=item3f5506ee78:g:B1kAAOSw5VFWFZz5

I think you're right. The MF on the Edisto listing is $8.22. Obviously if they screwed up and it's Edisto and not Royal Sea Cliff, and/or the MF is stated wrong, you don't have to move forward; seems you got a deal here.

I ended up getting more than I meant to with some snipes recently and missed out on these as a result:

http://www.ebay.com/itm/381440439171?_trksid=p2060353.m1438.l2649&ssPageName=STRK:MEBIDX:IT

http://www.ebay.com/itm/111798261799?_trksid=p2060353.m1438.l2649&ssPageName=STRK:MEBIDX:IT

 

[raygo123]

The $1 Club Wyndham timeshares (less than $500 all-in with fees) never went away. This is just another one.

Potential buyers must be thinking more about holiday shopping than timeshare shopping for summer vacations. Demand declines and prices along with it. That will be the market through February.

Is Ovation still accepting deed-backs?

The real indicator for the market price, I think, is the price of Club Wyndham Access. Those contracts, for some reason, have been attracting the bids.

When 350,000 CWA contracts start appearing on EBay for under $1000 all-in, then things have changed

I haven't been here that long, but lately seems like a lot of turn in topics. I'll be there next week, ask how long can you spend on ovation.

Sent from my Nexus 7 using Tapatalk

 

[ronparise]

I haven't been here that long, but lately seems like a lot of turn in topics. I'll be there next week, ask how long can you spend on ovation.

Sent from my Nexus 7 using Tapatalk

Unless you are going to Sea Harbor Drive I doubt tha you will get a straight answer about Ovation or any information about the secondary market. The people you meet at the resorts will be more interested in selling you more at $200 / 1000 points than taking anything back

 

[tschwa2]

Ron,
The only problem with your situation and these types of sellers is the time to get it closed and the time to fix it if there is a problem. I think you have an 85-90% chance that they will transfer the week you want. It may take 3-5 months to do so. On the off chance that it is the wrong unit that they put in your name, you won't want to be paying the MF's on the wrong unit and my guess is it would take 3-8 months to get the unit out of your name. You can't afford to have your accounts frozen because no one is paying the MF's on this incorrect week.

 

[ronparise]

Ron,
The only problem with your situation and these types of sellers is the time to get it closed and the time to fix it if there is a problem. I think you have an 85-90% chance that they will transfer the week you want. It may take 3-5 months to do so. On the off chance that it is the wrong unit that they put in your name, you won't want to be paying the MF's on the wrong unit and my guess is it would take 3-8 months to get the unit out of your name. You can't afford to have your accounts frozen because no one is paying the MF's on this incorrect week.

I understand the risks and at the price I paid, even the price I bid. I'm happy with whatever I get and whenever it closes as long as it closes by next oct 1
I've seen problems and what you describe is easy to solve

 

[tschwa2]

Then it sounds like you are set.