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High MF on Resales

Pologuy9906

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Hi. Is it common for resales to have high MFs? I'm finding Wyndham with 4000+ for 300k points and more. Currently fees are as follows 180 for 300k, about 500 for 800k points. These high cost resales with high MFs are more expensive than buying direct. Am I missing something?
 

tschwa2

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Hi. Is it common for resales to have high MFs? I'm finding Wyndham with 4000+ for 300k points and more. Currently fees are as follows 180 for 300k, about 500 for 800k points. These high cost resales with high MFs are more expensive than buying direct. Am I missing something?
Resales aren't any more expensive than retail. You are probably finding the ones that have extra high MF's and that is why people are giving them away. The ones with the lower MF's are more likely not to be for sale because the owner is keeping them or aren't giving them away at ebay prices.
 

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Resales aren't any more expensive than retail. You are probably finding the ones that have extra high MF's and that is why people are giving them away. The ones with the lower MF's are more likely not to be for sale because the owner is keeping them or aren't giving them away at ebay prices.
Got it. Yes I'm finding some but doing the math all in direct was cheaper. So I'll wait it out in hopes of finding a lower fee resale.
 

tschwa2

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Got it. Yes I'm finding some but doing the math all in direct was cheaper. So I'll wait it out in hopes of finding a lower fee resale.
For example CWA should be exactly the same if you buy resale or direct.
 

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Please elaborate? The access points are the same but access to use them?
When you buy resale Wyndham, the only thing a non VIP retail owner has that you don't is plus partners, which gives them RCI Points along with the RCI Weeks you get, plus the ability to internally exchange into Worldmark and some other microbenefits that aren't even worth listing. Except a small extra retail owners pay on club fees, there is no difference in fees between you and them.

There is also no difference in availability or usage between you and them.

The reason you see high maintenance fee contracts at lower offering prices is that those are the ones current owners are trying to rid themselves of.
 

tschwa2

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Please elaborate? The access points are the same but access to use them?
I was referring to the MF's for CWA is the same if you buy direct or buy resale. The program fee may be slightly higher with plus partners but that is pennies per thousand points.
 

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When you buy resale Wyndham, the only thing a non VIP retail owner has that you don't is plus partners, which gives them RCI Points along with the RCI Weeks you get, plus the ability to internally exchange into Worldmark and some other microbenefits that aren't even worth listing. Except a small extra retail owners pay on club fees, there is no difference in fees between you and them.

There is also no difference in availability or usage between you and them.

The reason you see high maintenance fee contracts at lower offering prices is that those are the ones current owners are trying to rid themselves of.
Do you see lower fee resales usually? Will wyndham restrict the points in the future? So I would have every right to book as a VIP?
 

tschwa2

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Do you see lower fee resales usually? Will wyndham restrict the points in the future? So I would have every right to book as a VIP?
No, The announced last month that resale points will not get VIP privileges. Starting sometime this month you would need to choose if you are using VIP or resale points for every reservation if you are VIP and reservations that uses resale points would not be treated to VIP benefits.
 

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Do you see lower fee resales usually? Will wyndham restrict the points in the future? So I would have every right to book as a VIP?
You can see properties like Canterbury and Bali Hai go up. The asking/bids on those run up much higher.

Also, I was specifically comparing to non VIP above.

You mostly have every right to book a VIP has, except that depending on level, they get a specific number of advance reservations to get availability 3 months before you at a resort neither of you has normal ARP for, and you cannot book Margaritaville. VIPs get points discounts and other perks, but that doesn't affect availability.
 
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tschwa2

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Do you see lower fee resales usually? Will wyndham restrict the points in the future? So I would have every right to book as a VIP?
Yes you can get lower fee locations on resale like Canterbury or National Harbor but don't expect to get them for free. They will still likely be 1/10 of what they would cost buying direct.
 

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You can see properties like Canterbury and Bali Hai go up. The asking/bids on those run up much higher.

Also, I was specifically comparing to non VIP above.

You mostly have every right to book a VIP has, except that depending on level, they get a specific number of advance reservations to get availability 3 months before you at a resort neither of you has normal ARP for, and you cannot book Margaritaville. VIPs get points discounts and other perks, but that doesn't affect availability.
Can't book margaritaville
 

Ty1on

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Also look on ebay. Arm yourself with a list of resorts with lower maintenance fees. Search eBay for SOLD listings for those resorts to get an idea on their expected price. Then patiently wait for listing because the lower the rates, it seems the rarer they are listed. You can scour the forum to learn as much as possible about the club while awaiting the right listing.

The resale listings you see on sites like sellmytimeshare and many of them on Redweek are planted by scammers or by owners who simply don't understand they'll never get close to their money back.. they will NEVER sell at those prices. I have always had a suspicion that timeshare developers themselves are posting many of these listings to manufacture a perception of value.
 

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Also look on ebay. Arm yourself with a list of resorts with lower maintenance fees. Search eBay for SOLD listings for those resorts to get an idea on their expected price. Then patiently wait for listing because the lower the rates, it seems the rarer they are listed. You can scour the forum to learn as much as possible about the club while awaiting the right listing.

The resale listings you see on sites like sellmytimeshare and many of them on Redweek are planted by scammers or by owners who simply don't understand they'll never get close to their money back.. they will NEVER sell at those prices. I have always had a suspicion that timeshare developers themselves are posting many of these listings to manufacture a perception of value.
Any known resources for MFs? I saw a few I was interested in on Redweek and others. Something over 500,000 points has maintainence fees at $4000 or more per year. Wyndham direct at 500k point and silver status would cost 40k and fees of $300/yr. Resale in 10 years I would exceed over 40k. Definitely need to find something with lower MFs.
 

Ty1on

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Any known resources for MFs? I saw a few I was interested in on Redweek and others. Something over 500,000 points has maintainence fees at $4000 or more per year. Wyndham direct at 500k point and silver status would cost 40k and fees of $300/yr. Resale in 10 years I would exceed over 40k. Definitely need to find something with lower MFs.
There is a thread here with a spreadsheet of reported MFs

Edit: Here it is https://tugbbs.com/forums/threads/o...harts-and-threads-from-previous-years.315557/
 
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scootr5

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Wyndham direct at 500k point and silver status would cost 40k and fees of $300/yr. Resale in 10 years I would exceed over 40k. Definitely need to find something with lower MFs.

That is definitely not correct. Did that info come from a salesman? The least expensive I am aware of would be about $1800 per year.
 

tschwa2

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Any known resources for MFs? I saw a few I was interested in on Redweek and others. Something over 500,000 points has maintainence fees at $4000 or more per year. Wyndham direct at 500k point and silver status would cost 40k and fees of $300/yr. Resale in 10 years I would exceed over 40k. Definitely need to find something with lower MFs.
Your MF's cost buying direct would likely be around $3200 for 500,000. Your salesperson might have "accidentally" missed a decimal and meant $3000 per year and that is going still to be on the lower side of retail at most locations.
 

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I am not aware of any Wyndham ownership that has annual maintenance fees of $0.60/K. That has to be incorrect---it's less than just the program fee.
Sorry that was per month not a year
 

Pologuy9906

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Your MF's cost buying direct would likely be around $3200 for 500,000. Your salesperson might have "accidentally" missed a decimal and meant $3000 per year and that is going still to be on the lower side of retail at most locations.
You are correct. I didn't read it thoroughly
 
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