• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 29 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered!
  • TUG started 29 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Check out our happy birthday post here: Happy Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Come check it out for a chance to win a Free TUG membership (or renewal) just for helping out!

    Read more here
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! 60,000+ subscribers! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Owners of resorts managed by trading places

chellej

TUG Review Crew
TUG Member
Joined
Jun 13, 2005
Messages
2,503
Reaction score
1,233
Points
548
Location
Spokane, Wa
Just wondering if others have had this experience. I have owned at Island Park for a long time and most of that time they have been managed by Trading Places.

In the past I have deposited with the independednts like SFX or DAE without any Problem.

So I decided to try out Platinum and made my deposit. I got a call after about a week from platinum and they said that Trading Places was denying the deposit that I can only deposit with RCI, II or Trading Places.

Platinum is very good & said they would still take the deposit but that I would just have to get a guest certificate when the week was taken. I am SOOOOOOO frustrated. I know I CAN do the work around but feel like I shouldn't have to.

I did email the resort coordinator at trading places but have not heard back.

Has any one else had this experience? If it is a change in policy, they haven't bothered to tell the owners but I don't think they have this right.:annoyed:
 

ronandjoan

TUG Review Crew: Elite
TUG Member
Joined
Jun 9, 2005
Messages
2,364
Reaction score
358
Points
443
Location
Seattle area
Resorts Owned
Telemark, Townhouses at St Augustine Beach and Tennis Club, Stoneridge Resort (ID)
Just wondering if others have had this experience. I have owned at Island Park for a long time and most of that time they have been managed by Trading Places.

In the past I have deposited with the independednts like SFX or DAE without any Problem.

So I decided to try out Platinum and made my deposit. I got a call after about a week from platinum and they said that Trading Places was denying the deposit that I can only deposit with RCI, II or Trading Places.

Platinum is very good & said they would still take the deposit but that I would just have to get a guest certificate when the week was taken. I am SOOOOOOO frustrated. I know I CAN do the work around but feel like I shouldn't have to.

I did email the resort coordinator at trading places but have not heard back.

Has any one else had this experience? If it is a change in policy, they haven't bothered to tell the owners but I don't think they have this right.:annoyed:

We have to do this with several of our resorts when depositing into the smaller exchange companies. Platinum has a firm for it. It is not Platinum's fault, the resorts themselves are the limiting factors.
It just means that you will take the responsibility for the deposit. Then when they get a guest, we are the ones who add the name to a guest certificate. Platinum is so nice, we have gone ahead and done it..filled out the firm... No problems.

In fact, I think DAE says they can't take Wyndhams any more at all, the resorts won't let them
 

TPIRep

newbie
Joined
May 22, 2007
Messages
133
Reaction score
1
Points
16
Location
Lake Forest, CA
Owners at resorts managed by Trading Places International are able to deposit with Platinum as long as they have a reservation in place, the week has not been banked with another exchange company and the maintenance fees are paid for the corresponding reservation. We suggest contacting your representative at Platinum to have them resubmit the verification information. Ensure you provide them with the owner name as it appears on your resort account as well as the correct reservation information for the week you are trying to deposit.
 

Carolinian

TUG Member
Joined
Jun 6, 2005
Messages
10,512
Reaction score
862
Points
598
Location
eastern Europe
Wyndham's policy, if that is correct, would be a monopolistic practice in restraint of trade. They should be sued by a consortium of independent exchange companies both to half this monopolistic practice that is goosestepping on the ownership rights of members. Even better, monopolistic practices seem better than most consumer protection issues to get state Attorney Generals involved. If you have a proactive state Real Estate Commission that may be a good place to start.

It is also another good reason to never own Wyndham. Of course their war against timeshare members at Bluebeards Castle on St. THomas, USVI, back when they were known as Fairfield, or ''unFairfield'' as owners at the Castle called them, is enough for me, that you could not give me a Wyndham week for free!

Since Wyndham is in common ownership with RCI why does it not surprise me that they do such things against their members interests?


We have to do this with several of our resorts when depositing into the smaller exchange companies. Platinum has a firm for it. It is not Platinum's fault, the resorts themselves are the limiting factors.
It just means that you will take the responsibility for the deposit. Then when they get a guest, we are the ones who add the name to a guest certificate. Platinum is so nice, we have gone ahead and done it..filled out the firm... No problems.

In fact, I think DAE says they can't take Wyndhams any more at all, the resorts won't let them
 
Top