CWA Prices

[Ty1on]

CWA points would have no more (or no less) value than any other points with mf in the mid 5's except that I use mine for Mardi Gras reservations at avenue plaza and la belle Maison. I suspect the folks bidding CWA up are folks that want it for arp at a specific resort like me. But it doesn't have to be renters. Joe Sixpack from Chicago that wants to take his family to the Dells (for example) every year is my competition for this stuff. And he will pay more than me because I need a profit. He doesn't

Well you can always reclassify to a charity organization!

 

[Family_travel]

I think certainly, even though Wyndham isn't "paying" for points contracts turned in, some owners just don't want to deal with selling and take the easy road of just giving it back, and that would reduce supply, driving up bids for those who do want to sell. I see that some of the renters do hold CWA, so there must be some commercial value in it.

Yes, I agree that Ovations is reducing the number of available contracts. But the CWA prices are rising faster than other contracts. I would not have assumed the average buyer would know the difference between CWA and deeded contracts. Or maybe it's just me that had to read several of the forum posts.

 

[spackler]

653,000 point CWA contract just ended on eBay for over $9300.

 

[cyseitz]

653,000 point CWA contract just ended on eBay for over $9300.

I was bidding on that too...I thought it would go for $1 a point. Boy was I wrong!

 

[scootr5]

I was bidding on that too...I thought it would go for $1 a point. Boy was I wrong!

$1 a point would have been incredible!

 

[cyseitz]

$1 a point would have been incredible!

I haven't bought anything in a while. Maybe next time I will be wiser while bidding.

 

[Ty1on]

I haven't bought anything in a while. Maybe next time I will be wiser while bidding.

He's poking fun at $1 a point. That would be more than the developer charges. I figure you meant a a $1 per thousand, or a penny a point/$10 per thousand?

 

[scootr5]

I haven't bought anything in a while. Maybe next time I will be wiser while bidding.

Sorry, I was just having a little fun and didn't mean any offense.

$1 per point would have been $653,000, rather than the $6,530.00 at $1 per thousand that I'm sure you meant.

 

[cyseitz]

Sorry, I was just having a little fun and didn't mean any offense.

$1 per point would have been $653,000, rather than the $6,530.00 at $1 per thousand that I'm sure you meant.

Oh...lol....duh!

Sorry, didn't mean to be so dumb

I did mean a penny a point.

 

[scootr5]

Oh...lol....duh!

Sorry, didn't mean to be so dumb

I did the same thing earlier this year in a post while converting cents per point rather than per thousand...

 

[uscav8r]

I was bidding on that too...I thought it would go for $1 a point. Boy was I wrong!

That is just under the going rate of $15-20/1000... or 1.5-2 cents per point... and about where I expected it to go. In other words, way past my pain threshold!

 

[ronparise]

That is just under the going rate of $15-20/1000... or 1.5-2 cents per point... and about where I expected it to go. In other words, way past my pain threshold!

past mine too but Ive been hurting a lot lately

I was at $9100, no telling how high the high bidder would have gone

 

[persia]

I believe you are right. Ovation has dried up the market. It's so easy most people who want out would jump on it. I assume the contracts they take back go into CWA?

I think certainly, even though Wyndham isn't "paying" for points contracts turned in, some owners just don't want to deal with selling and take the easy road of just giving it back, and that would reduce supply, driving up bids for those who do want to sell. I see that some of the renters do hold CWA, so there must be some commercial value in it.

 

[WhiskeyJack]

On a somewhat related topic. There is a current access contract listed on ebay for 359K points. The seller lists the MFs at 167.75 per month. If I did the math right that works out to $5.61 per 1K points. I thought all access contracts had same MFs of $5.45 or $5.47 per month depending on program fee? Does the seller just have it incorrect or am i missing something?

 

[Ty1on]

I believe you are right. Ovation has dried up the market. It's so easy most people who want out would jump on it. I assume the contracts they take back go into CWA?

I think that's the beauty of it for Wyndham. They can repackage a deedback if they want. If they get a FW, they have the option of leaving it as a FW and reselling it, making it a FW Conversion and selling it, or deeding it to CWA for more CWA points to sell.

 

[Bigrob]

past mine too but Ive been hurting a lot lately

I was at $9100, no telling how high the high bidder would have gone

Shhhhh...

I am guessing the high bidder would have gone to at least $11K, based on recent CWA sales. I had a snipe out there too but the final bid predictably went over mine too.

 

[ronparise]

Shhhhh...

I am guessing the high bidder would have gone to at least $11K, based on recent CWA sales. I had a snipe out there too but the final bid predictably went over mine too.

Did you get the CWA contract last night 1.300.000 points $16500 plus $750?
I had a question and by the time I got my question answered, It was gone.

 

[Bigrob]

Did you get the CWA contract last night 1.300.000 points $16500 plus $750?
I had a question and by the time I got my question answered, It was gone.

Not me. I missed it. The $750 sounds like it was one of Jeff Fudge's? (RPMI)? Although I think they would have priced it closer to $2500. Maybe it was one of Jim's. (VacationSalvation).

Okay, now I'm going to have to go look at what I missed. A year ago, we would have whistled at the "sucker" that bought it. Now it looks like a deal. I can remember the discussion when a 1.7M Panama City Beach contract went for $11,000+ last year and some thought it was outrageous.

 

[ronparise]

Not me. I missed it. The $750 sounds like it was one of Jeff Fudge's? (RPMI)? Although I think they would have priced it closer to $2500. Maybe it was one of Jim's. (VacationSalvation).

Okay, now I'm going to have to go look at what I missed. A year ago, we would have whistled at the "sucker" that bought it. Now it looks like a deal. I can remember the discussion when a 1.7M Panama City Beach contract went for $11,000+ last year and some thought it was outrageous.

It was RPMI and they had another smaller one tonight that I got.

and you missed a zero in your estimate

 

[Bigrob]

It was RPMI and they had another smaller one tonight that I got.

and you missed a zero in your estimate

Yup, not used to dealing in 5 figures, LOL. And I know why these are listed now.

 

[Ty1on]

802.5K points at 1.2 cents a point Buy It Now. This is a good price compared to recent sales......it's acobbfan, not my fave reseller.

http://www.ebay.com/itm/802-500-CLUB-WYNDHAM-ACCESS-POINTS-POINTS-100-FREE-CLOSING-TRANSFER-/151794649109?hash=item2357aa8815

I might go play a slot machine after work LOL

 

[ronparise]

Yup, not used to dealing in 5 figures, LOL. And I know why these are listed now.

Me too, I kinda wish I didnt buy the one I did...but I can always use the ARP

 

[scootr5]

802.5K points at 1.2 cents a point Buy It Now. This is a good price compared to recent sales......it's acobbfan, not my fave reseller.

http://www.ebay.com/itm/802-500-CLUB-WYNDHAM-ACCESS-POINTS-POINTS-100-FREE-CLOSING-TRANSFER-/151794649109?hash=item2357aa8815

I might go play a slot machine after work LOL

yourvacationservices2 is a new name for them? I'll file that under "ones to stay away from"...

 

[Ty1on]

yourvacationservices2 is a new name for them? I'll file that under "ones to stay away from"...

There would be no deeds involved, so maybe this wouldn't be a 7 month ordeal....

 

[ronparise]

yourvacationservices2 is a new name for them? I'll file that under "ones to stay away from"...

no reason to stay away from these guys. They arent my favorite either, but they do ultimately get this stuff closed..

Everyone cant be a Sumday, If you want to play in this arena, sometimes you have to play with folks that arent your favorites