Minimum VIP Platinum buy in cost

[grab]

They sell you one deed, and throw another one in with it, for a much cheaper price. It’s usually higher maintenance fee resorts. I remember one person being offered a 259,000 for $12,000. Another was offered 105,000 for $10,000 if they bought 105,000 for $23,000. So $33,000 total for 210,000 points. That would have worked out to $110 per 1,000 points. Cheaper then the cheapest price I’ve seen lately but still higher then I would be willing to pay.


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Thanks!

 

[bendadin]

If you can find one. Right now they are pushing out foreclosed deeds with loans attached

 

[HitchHiker71]

If you can find one. Right now they are pushing out foreclosed deeds with loans attached

Where can we find out more info on these types of deals?

 

[wjappraise]

So $33,000 total for 210,000 points. That would have worked out to $110 per 1,000 points. Cheaper then the cheapest price I’ve seen lately but still higher then I would be willing to pay.

Kind of a moot point, but $33,000 for 210,000 points actually works out to $157 per 1,000 points.

 

[Richelle]

Kind of a moot point, but $33,000 for 210,000 points actually works out to $157 per 1,000 points.

You’re right. Got my numbers turned around. Fixed.


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[Richelle]

Where can we find out more info on these types of deals?

Telesales was supposed to start offering them. I heard Edisto does foreclosed deeds. I am not sure where else you might find a Piggy back feed.


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[markb53]

I was offered a foreclosed deed at both Edisto and Flagstaff. In both cases I would have had to make a retail purchase in order to get access to the foreclosed deeds.

 

[Richelle]

I was offered a foreclosed deed at both Edisto and Flagstaff. In both cases I would have had to make a retail purchase in order to get access to the foreclosed deeds.

Makes sense. They probably do not make as much commission. Plus that’s usually how they roll. If you want something, it requires you to buy points. Did they give you an idea on how much that foreclosed deed was and for how many points? I’m not looking to buy a foreclosed deed. Just curious.


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[Silverdollar]

Makes sense. They probably do not make as much commission. Plus that’s usually how they roll. If you want something, it requires you to buy points. Did they give you an idea on how much that foreclosed deed was and for how many points? I’m not looking to buy a foreclosed deed. Just curious.


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I am a VIP Platinum owner and have been with Wyndham (formerly Fairfield) for 35 years. Three years ago, I purchased 64,000 developer points at a Wyndham resort, and at that same sitting purchased an additional 413,000 "foreclosed deed" (UDI) points (for $16,500 or $41/1000, with MF at $4.54) that counted as developer points from Wyndham. I would not have purchased the 64k if they had not been willing to do the 413k for that price and allow them to be counted as developer points and get VIP Platinum. (I already had two PIC weeks: one worth 254,000 points, and another worth 77,000, that counted toward VIP status). When these points were added to a couple other purchases I made a long time ago it gave me VIP Platinum. I have since put everything into CWA which provides me ARP at @70 Wyn resorts.

When I made the 64k and 413k purchases, I learned that there were four sales centers at Wyndham resorts across the chain: Ocean Ridge, Flagstaff, Fairfield Glade, and Pagosa Springs. Those four sales centers not only sold foreclosures for units at their resort, but also other Wyndham resorts in their region. I cannot speak for three of the sales centers, but the location where I purchased, allowed me to see several pages of listings in their region and allowed me to choose the one(s) I wanted. The list included both UDI and deeded weeks.

 

[Richelle]

I am a VIP Platinum owner and have been with Wyndham (formerly Fairfield) for 35 years. Three years ago, I purchased 64,000 developer points at a Wyndham resort, and at that same sitting purchased an additional 413,000 "foreclosed deed" (UDI) points (for $16,500 or $41/1000, with MF at $4.54) that counted as developer points from Wyndham. I would not have purchased the 64k if they had not been willing to do the 413k for that price and allow them to be counted as developer points and get VIP Platinum. (I already had two PIC weeks: one worth 254,000 points, and another worth 77,000, that counted toward VIP status). When these points were added to a couple other purchases I made a long time ago it gave me VIP Platinum. I have since put everything into CWA which provides me ARP at @70 Wyn resorts.

When I made the 64k and 413k purchases, I learned that there were four sales centers at Wyndham resorts across the chain: Ocean Ridge, Flagstaff, Fairfield Glade, and Pagosa Springs. Those four sales centers not only sold foreclosures for units at their resort, but also other Wyndham resorts in their region. I cannot speak for three of the sales centers, but the location where I purchased, allowed me to see several pages of listings in their region and allowed me to choose the one(s) I wanted. The list included both UDI and deeded weeks.

That’s great info. Thank you. I’ll pass it along to someone looking to buy retail for that reason.


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[bendadin]

I am a VIP Platinum owner and have been with Wyndham (formerly Fairfield) for 35 years. Three years ago, I purchased 64,000 developer points at a Wyndham resort, and at that same sitting purchased an additional 413,000 "foreclosed deed" (UDI) points (for $16,500 or $41/1000, with MF at $4.54) that counted as developer points from Wyndham. I would not have purchased the 64k if they had not been willing to do the 413k for that price and allow them to be counted as developer points and get VIP Platinum. (I already had two PIC weeks: one worth 254,000 points, and another worth 77,000, that counted toward VIP status). When these points were added to a couple other purchases I made a long time ago it gave me VIP Platinum. I have since put everything into CWA which provides me ARP at @70 Wyn resorts.

When I made the 64k and 413k purchases, I learned that there were four sales centers at Wyndham resorts across the chain: Ocean Ridge, Flagstaff, Fairfield Glade, and Pagosa Springs. Those four sales centers not only sold foreclosures for units at their resort, but also other Wyndham resorts in their region. I cannot speak for three of the sales centers, but the location where I purchased, allowed me to see several pages of listings in their region and allowed me to choose the one(s) I wanted. The list included both UDI and deeded weeks.

Good to know. If I ever make it off the Do Not Sell list, I'll be on the road again to one of these resorts.

 

[Sandy VDH]

I am a VIP Platinum owner and have been with Wyndham (formerly Fairfield) for 35 years. Three years ago, I purchased 64,000 developer points at a Wyndham resort, and at that same sitting purchased an additional 413,000 "foreclosed deed" (UDI) points (for $16,500 or $41/1000, with MF at $4.54) that counted as developer points from Wyndham.

But how much did they charge you for the 64K? I assume the $16500 was the 413K.

 

[HitchHiker71]

But how much did they charge you for the 64K? I assume the $16500 was the 413K.

IIRC SD paid around 10K for the 64k developer points at the time, but I’m sure he will chime in with the exact amount soon. His approach is what I’m trying to replicate to obtain permanent VIPP at some point.

SD, curious how you “converted” to CWA as part of this process? Were the 64k developer points CWA points? Or are you saying you somehow consolidated contracts for all points into CWA?


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[Silverdollar]

But how much did they charge you for the 64K? I assume the $16500 was the 413K.

$10k for the 64k points. Yes, $16,500 for the 413k.

 

[Silverdollar]

IIRC SD paid around 10K for the 64k developer points at the time, but I’m sure he will chime in with the exact amount soon. His approach is what I’m trying to replicate to obtain permanent VIPP at some point.

SD, curious how you “converted” to CWA as part of this process? Were the 64k developer points CWA points? Or are you saying you somehow consolidated contracts for all points into CWA?


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[Silverdollar]

I consolidated contracts to CWA at a later time with Wy. telesales.

 

[OutSkiing]

A couple of years ago we were offered a foreclosed contract at Flagstaff. This was after we acted bored through all their attempts to sell us a full retail CWA contract. The whole conversation had come to an end and the foreclosed contract was thrown out of the blue as some kind of rare deal we could get for being at the right place at the right time. It did not seem to have the strings attached of buying a retail contract but they might have waited until we showed some interest before mentioning that detail.

Bob

 

[HitchHiker71]

A couple of years ago we were offered a foreclosed contract at Flagstaff. This was after we acted bored through all their attempts to sell us a full retail CWA contract. The whole conversation had come to an end and the foreclosed contract was thrown out of the blue as some kind of rare deal we could get for being at the right place at the right time. It did not seem to have the strings attached of buying a retail contract but they might have waited until we showed some interest before mentioning that detail.

Bob

Do you recall the cost details of the foreclosed contract? Curious.


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[markb53]

Makes sense. They probably do not make as much commission. Plus that’s usually how they roll. If you want something, it requires you to buy points. Did they give you an idea on how much that foreclosed deed was and for how many points? I’m not looking to buy a foreclosed deed. Just curious.


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At flagstaff the the forclosure was 105k converted fixed week for $3500. At Edisto the forclosure was a myrtle beach resort 210k UDI points for $7500

 

[HitchHiker71]

At flagstaff the the forclosure was 105k converted fixed week for $3500. At Edisto the forclosure was a myrtle beach resort 210k UDI points for $7500

So $34-36/1000 points for the piggyback contracts. Certainly much better than retail developer points. I’m assuming they would allow you to count these piggyback contract purchases as developer points yes?

How recently did you receive these offers? I’m thinking of reaching out to the local resort sales managers for additional guidance if this is still an option today.

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[cbyrne1174]

Can you enroll a PIC week with a foreclosure deed?

 

[OutSkiing]

Do you recall the cost details of the foreclosed contract? Curious.


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I think it was priced in the $35 per thousand range. Close to 200k points.

Bob

 

[HitchHiker71]

Can you enroll a PIC week with a foreclosure deed?

Do you mean using the piggyback contract as the required developer points purchase contract? I would be surprised if that was possible. Usually you have to purchase genuine developer points in addition to the either the PIC contract or the piggyback contract from what I’ve seen.


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[cbyrne1174]

No. buying 49,000 points via telesales and adding a 3 bedroom PIC to it, then buying a 154,000 points foreclosure deed and enrolling another 3 bedroom PIC to it and becoming VIP gold for under $20,000.

 

[capital city]

It looks like you need a genuine developer puchase for each pic week and possibly with the foreclosure contract as well. I would be looking at platinum if that is the case.