Happy New Year!
I am the new to TS industry and was referred by a friend to attend a Trendwest presentation in Burnaby,Canada the end of last year. I've signed the contract for 10,000 points at CA$2.03/point. I am wondering if this is a good deal for TS which is new to our family.
I am finding my way via google and here I am. After reading some of the threads, I noticed that I can purchase the same package over the resale market at much better price. Since I am still within the 7 cancellation days, I would like to cancel it first and to take time get some research before buying any TS.
I talked with my sales rep., he said that the worldmark/trendwest package bought from them(developer) is different from via the resale market. Here are some queries I'd like your kind verification:
1.Worldmark/Trendwest TS has the right for Travelshare, to say the points can be used to exchange thru RCI, fun time(bonus time in RCI) etc. The sales said that the points bought from second market does not have the right for Travelshare, to say cannot be exchanged to RCI resorts, can only be used within Worldmark resorts. Therefore, if I want to book RCI resorts, have to come back to them for the minimum ponits package to attain the travelshare right, then to pay annual RCI membership fee for the exchange. Wondering if it is right?
2.He said that it is risky to buy the worldmark premier package from the resale market. The $.080/point cost is so low because there are hidden issue, e.g. the owner hasn't paid the maintenance fee for some time etc., then if you buy it, you might have to pay off before using the TS.
3.Cannnot upgrade TS via the second market? If need to upgrade, only to buy from the developer. otherwise, if buy more points from the second market, I have to pay another maintenance fee.
Being new to TS, I have many confusing quries as to buy from the developer or from the resale market. What's the advantages or disadvantages to buy from the two resources. Please advise if it is wise to cancel the contract with them right away.
Your kind reply will be greatly appreciated.
I am the new to TS industry and was referred by a friend to attend a Trendwest presentation in Burnaby,Canada the end of last year. I've signed the contract for 10,000 points at CA$2.03/point. I am wondering if this is a good deal for TS which is new to our family.
I am finding my way via google and here I am. After reading some of the threads, I noticed that I can purchase the same package over the resale market at much better price. Since I am still within the 7 cancellation days, I would like to cancel it first and to take time get some research before buying any TS.
I talked with my sales rep., he said that the worldmark/trendwest package bought from them(developer) is different from via the resale market. Here are some queries I'd like your kind verification:
1.Worldmark/Trendwest TS has the right for Travelshare, to say the points can be used to exchange thru RCI, fun time(bonus time in RCI) etc. The sales said that the points bought from second market does not have the right for Travelshare, to say cannot be exchanged to RCI resorts, can only be used within Worldmark resorts. Therefore, if I want to book RCI resorts, have to come back to them for the minimum ponits package to attain the travelshare right, then to pay annual RCI membership fee for the exchange. Wondering if it is right?
2.He said that it is risky to buy the worldmark premier package from the resale market. The $.080/point cost is so low because there are hidden issue, e.g. the owner hasn't paid the maintenance fee for some time etc., then if you buy it, you might have to pay off before using the TS.
3.Cannnot upgrade TS via the second market? If need to upgrade, only to buy from the developer. otherwise, if buy more points from the second market, I have to pay another maintenance fee.
Being new to TS, I have many confusing quries as to buy from the developer or from the resale market. What's the advantages or disadvantages to buy from the two resources. Please advise if it is wise to cancel the contract with them right away.
Your kind reply will be greatly appreciated.