I confess I was wondering the same.
Dont know yet
I confess I was wondering the same.
Wyndham has slowly closed the door on mice picking up the crumbs that affected Wyndhams bottom line. The last few years they have systematically eliminated just about all of their competition. Ovations alone took inventory back and eliminated abuse of exit teams. Look at anyone renting or the flippers of deeds everyone of these guys that were eliminated put thousands on Wyndham' s earnings per share. What is more important share holders were rewarded with a higher Price per share. We all know most executives are awarded stock options that can be exercised at a discount. The big picture says follow the money trail if you really want to understand why things are being implemented.I dont think anyone was ripped off, They wanted something and were willing to pay what they did for it
When Wyndham came after me they asked me how it was possible that I owned contracts the generated only x points annually but I had over 9x points in reservations. I explained that I started the year with an allocation of 3x points, then used the credit pool to "borrow" 6x points, I then made reservations with all 9x points. I then sold 2/3 of what I owned (now stripped of points) leaving the account as he saw it. When I gave him the additional information that Wyndham was the ultimate buyer. he was pissed and accused me of essentially what you are .... no ethics
My comeback to him was to say, I didnt take advantage of Wyndham when I sold them points from at the rate of $5/1000 points and If anyone took advantage of anyone, it was wyndham that took advantage of the poor guy that paid $150/1000 points for the same points that I had sold back to Wyndham to sell again for $150/1000.
If anyone was lacking ethics, it was Wyndham that sold. what was available on ebay for $7000. to some poor soul for $150000
and in the case of sellers that use shills to bid up the price, Its not buyers that are the victims because they paid more than they should have, The real victim is the guy that paid Wyndham $150000 originally
I used to describe the timeshare relief companies and guys like me that bought from them as nothing but mice picking up the crumbs dropped by wyndham as the picked the flesh from their customers
Dude,
if you want to go after anyone for illegal and exploitive sales practices You are looking in the wrong direction
It's not always shill bidding by sellers. Sometimes Its people playing games to force buyers to pay a higher price. You also need to pay attention to bid retractions a lot of gaming of system.I have complained to ebay about it, i've reported sellers.
Ebay doesn't, and wont do anything about it, because they make money on auction selling prices. They have a vested interest in all auctions ending with higher final sale prices. So no, nothing will ever be done about it.
I've further more pretty much swore off using ebay. Which again, doesn't matter to them. Because their always suckers I guess who will use it. I will continue to advocate to others that ebay is a steaming pile of dung.
The takeaway here is that Ron, and his ilk, are ok with people being ripped off, as long as it's not them. Point taken.
This is disgusting behavior of a few TUG members and guests, and they are allowed to be disgusting and no one does a thing about it.
Ron never did anything WRONG!!!!!
I cannot speak for "everyone" who lives in Oregon, California and Washington; for myself, I appreciate the economies of scale big corporations bring to putting food on the shelves of my local market such a Kroger and Safeway; I appreciate the economies of scale the big oil companies bring to keeping the gas pumps ready to deliver when I want to fill up; I appreciate the convenience that large telecom companies provide for my phone and internet and entertainment wants.Wyndham is the big corporation. I thought everyone hated big corporations and corporate greed and CEO's who are raking in the bucks while treating the little guy like crap. Why don't you get on the side of owners who are being bullied by Wyndham.
As mega renters, we RARELY got any upgrades to the biggest units. After the "upgraded" system 6-7 years ago, we didn't even get automatic upgrades, even if a unit was sitting online in a 2 bedroom and a one bedroom was there to upgrade to the 2 bedroom, and we are Founders' level of ownership.I cannot speak for "everyone" who lives in Oregon, California and Washington; for myself, I appreciate the economies of scale big corporations bring to putting food on the shelves of my local market such a Kroger and Safeway; I appreciate the economies of scale the big oil companies bring to keeping the gas pumps ready to deliver when I want to fill up; I appreciate the convenience that large telecom companies provide for my phone and internet and entertainment wants.
I appreciate the vacations Wyndham offers through my WorldMark and Club Wyndham memberships, that I could not otherwise afford.
There were posts after the introduction of automatic upgrades by Wyndham about how much easier it was to find 3 and 4 bedroom unit availability. That benefited all owners. Owner Priority Booking Windows obviously benefits all owners at the expense of non-owners.
What rules has Wyndham introduced in the last decade that did not benefit the majority of owners? It came as a price, of course; one paid by those "maximizing their ownership", but there are posts that the owners affected represent less than 5% of the Club Wyndham ownership.
The auction I looked at sold for less than $4,000 -- $3,595.
![]()
WORLDMARK BY WYNDHAM, 20,000, ANNUAL, CREDITS, TIMESHARE | eBay
This is a Worldmark policy, not ours. WorldMark by Wyndham. WorldMark also allows traveling owners with families the extra space and privacy, while avoiding the expense, worry, and inconvenience of having to split up the family into two or more rooms.www.ebay.com
Add in $199 closing and $299 transfer fee = $4,093. The buyer is paying $1,195 for 20k credits valued at either $1,745.40 (the current maintenance fees on 20k) or $1,600 (the $0.08/credit rental rate) -- a savings of $405 or $550. $4,093 - $405 = $3,688 actual purchase price. The other $727.25 is a prepayment of the Sept. - Jan. maintenance fees. The new owner will get the use of the credits associated with those maintenance fees, so it is no different than if they became an owner the moment the auction ended (which they did, it will just take a few months for the owner to gain access to the WorldMark system). All the "additional" costs did was save the new owner from having to rent-in 20k credits to book their 5 weeks at WorldMark Oceanside or wherever they want in the WorldMark system the moment the transfer is officially completed.
I thought the point of this thread was to offer opinions on the "value" of a certain eBay auction. You made many points along the way. One of them was:My only point is the same point that I was trying to make before, which is essentially the same thing that you are saying. You need to understand the product and you need to read the whole auction listing to make an informed bid
I tried to compare apples to apples for anyone who might want to vacation at Oceanside, CA, but there are always differing views of what represents "value". Some people want lower cost (WorldMark wins) while others value location (Club Wyndham offers better views, if you can get them).Thats why I tried to compare apples to apples ie Wyndham legacy resorts to Worldmarks 154000 point weeks to 10000 credit weeks. sometimes they are identical units When it comes to money, it seems to me that Wyndhan is generally cheaper to buy, and worldmark is cheaper to own,
I thought the point of this thread was to offer opinions on the "value" of a certain eBay auction.
Wyndham attacks at the top (mega renters) and other owners are happy until Wyndham comes for them. Then there is no one else to help fight.What is with all of these various posters constantly attacking Ron? It makes me angry and makes TUG not a nice place to be.
Here I am in this horrible place with Wyndham, and I don't know what the deal is with all of these people constantly defending Wyndham and attacking those of us who are not completely enamored with everything Wyndham does. Wyndham is the big corporation. I thought everyone hated big corporations and corporate greed and CEO's who are raking in the bucks while treating the little guy like crap. Why don't you get on the side of owners who are being bullied by Wyndham.
Unless some of you work for Wyndham, and that is what it's really about. We know Wyndham trolls these sites to glean whatever they can. Obviously, because Ron was contacted by Wyndham employees about his giveaways. Why does that not make you mad, that Wyndham has spies who come here and snoop around and use whatever they can find against the people who are being victimized.
This is disgusting behavior of a few TUG members and guests, and they are allowed to be disgusting and no one does a thing about it.
Ron never did anything WRONG!!!!!![]()
What rules has Wyndham introduced in the last decade that did not benefit the majority of owners? It came as a price, of course; one paid by those "maximizing their ownership", but there are posts that the owners affected represent less than 5% of the Club Wyndham ownership.
What is with all of these various posters constantly attacking Ron? It makes me angry and makes TUG not a nice place to be.
Here I am in this horrible place with Wyndham, and I don't know what the deal is with all of these people constantly defending Wyndham and attacking those of us who are not completely enamored with everything Wyndham does. Wyndham is the big corporation. I thought everyone hated big corporations and corporate greed and CEO's who are raking in the bucks while treating the little guy like crap. Why don't you get on the side of owners who are being bullied by Wyndham.
Unless some of you work for Wyndham, and that is what it's really about. We know Wyndham trolls these sites to glean whatever they can. Obviously, because Ron was contacted by Wyndham employees about his giveaways. Why does that not make you mad, that Wyndham has spies who come here and snoop around and use whatever they can find against the people who are being victimized.
This is disgusting behavior of a few TUG members and guests, and they are allowed to be disgusting and no one does a thing about it.
Ron never did anything WRONG!!!!!![]()
Wyndham attacks at the top (mega renters) and other owners are happy until Wyndham comes for them. Then there is no one else to help fight.
What Ron did wrong was taking and bragging about it so the people on here knew he was making money from the rental business. I had no interest in that. Only interested in making money and fighting Wyndjam
A similar thought regarding skewed viewpoint TUG posts in the Wyndham forum was made five years ago when the now failed Voyager reservation system was introduced.Actually it's closer to less than 1% in reality. As I have said in the past - TUG generally represents the exception to the rule when it comes to Wyndham timeshare ownership. I know this for a fact as I have captured many of the product enhancement requests over the past two plus years and have worked hand in hand with people at Wyndham to analyze these requests to determine if they will have a measurable impact to the majority of the ownership.
All the BBB complaints and protests will not have any effect. I think TUG presents a disproportionate view of the changes, because it is disproportionately populated by VIP owners using Club Wyndham as a rental business. This is not the average owner. The average owners are the ones upgrading to VIP. TUG VIPs are already there and know not to enter into a retail purchase. As difficult as the Voyager introduction has been, I do not think it will create a blip on 3rd quarter earnings, jmo.
(The average TUG member is not "Everyone" and knows how a properly fitting timeshare [including Club Wyndham] can add immensely to their vacation enjoyment. That, at least, is my experience as an average timeshare owner who uses timeshares for personal vacations.)
Really? Still?I really don’t think they understood the math. If I was making $10000 a month with an ownership of x points and they did things to reduce my income to $5000. I’m either gonna to accept that and make the same number of reservations to rent, or I’m gonna double my ownership to maintain my income
I have complained to ebay about it, i've reported sellers.
Ebay doesn't, and wont do anything about it, because they make money on auction selling prices. They have a vested interest in all auctions ending with higher final sale prices. So no, nothing will ever be done about it.
I've further more pretty much swore off using ebay. Which again, doesn't matter to them. Because their always suckers I guess who will use it. I will continue to advocate to others that ebay is a steaming pile of dung.
The takeaway here is that Ron, and his ilk, are ok with people being ripped off, as long as it's not them. Point taken.
I cant read what you posted there, but things change over time, including my opinionsReally? Still?
This is like a broken record that skips over the key point in the song.
View attachment 65620
And you making almost 1000 posts to tug as a guest, not bothering to become a member and support the forum, is taking the high moral ground?
Like you are not harassing a bunch of owners of Wyndham on the forums by criminalizing those of us who are mega renters? Harassment is exactly what I would call it.I'm just wondering... at what point does your incessant ranting about my guest status become not an "opposing viewpoint", but outright harassment?
If the owners of this website had intentions of requiring a paid subscription model for all users, that's their prerogative to implement that. As it stands, they don't. My guest status is of absolutely zero concern to you, or anyone else. I don't get access to certain functionality inside the website that you do... I made a value decision to be a guest. That's my choice, and considering my decision does not in any way affect you whatsoever, I would suggest you keep you opinions to yourself on the subject in the future...
Also, conflating my using this website for free... as the owners allow, to shill bidders, who do, fraudulently inflate the cost of the auctions, directly affecting buyers and potential bidders, is a ridiculous comparison.
An aspect that others here do not mention, and I think is important, is that Wyndham didn't have to send out letters to non-owners, like Westin/ Marriott do regularly, to get new blood into their resorts with the mega renters providing new blood. I think sales will go down.I cant read what you posted there, but things change over time, including my opinions
All Im trying to say is that Wyndham is now invoking the commercial use clause directly. There was a time when Wyndhan was changing the rules in an indirect effort to curtail renting, by making it more expensive to do. They are finally taking direct aim against renting.
How they define commercial is unknown, and how they are identifying owners that they send "the letter" to is also unknown
Like you are not harassing a bunch of owners of Wyndham on the forums by criminalizing those of us who are mega renters? Harassment is exactly what I would call it.
The thing with mega renters, is that many TUG members have been mega renters but remain silent because of the vitriol here on TUG by about 4 members and guests. I keep wondering which of you are Wyndham higher-ups who are just trying to demonize mega renters to get the concensus on TUG against us.
Ironically, this has been a huge change in attitude on TUG. There were some really nice people who helped us 16 years ago on TUG with our decision to convert our Bali Hai weeks and gave advice right here in the open forums. But that has been quashed by Wyndham and the few cheerleaders.
Don't forget that you could become the target of these ever-changing rules that Wyndham puts into place.
Wyndham was always the cheapest timeshare on the market, and now it's below $0 for value. Wyndham did that. So what you own is now worthless, unless you own developer and have low MF's and take advantage of the discounts, which we will do, if we keep anything.