Possible Re-Sale Path to VIP Status?

[am1]

All contracts under one account have to be deeded the exact same way. For example if there are already 4 contracts under the account you couldn't just buy a new one with your wife's name on it and then she is on the account. That deed would be put into it's own member number. You would have to get all 4 contracts redeeded to get this done.

Jason

I will disagree. Although my situation is not exactly the same.

 

[rrlongwell]

All contracts under one account have to be deeded the exact same way. For example if there are already 4 contracts under the account you couldn't just buy a new one with your wife's name on it and then she is on the account. That deed would be put into it's own member number. You would have to get all 4 contracts redeeded to get this done.

Jason

Simply not true. However, this is not worth the debate. The best way to deal with it is for the Orginal Poster to just call Member Services and Title (Member Services, I believe handles the VIP aspect, Title Services handles the titling part.

 

[kev5982]

:whoopie: Thank you to everyone for all the help, I realize that the platinum will not be maintained if I break the original contracts. I am just trying to get my wife's name on the contract. I am pretty sure I have to put it into a trust, but I will contact member services and let you know.

 

[jjmanthei05]

Simply not true. However, this is not worth the debate. The best way to deal with it is for the Orginal Poster to just call Member Services and Title (Member Services, I believe handles the VIP aspect, Title Services handles the titling part.

This is what I was told from title services. The person I was talking to very well could have been wrong. It's not like a wyndham rep has ever said something incorrect or not know their own programs. :hysterical:

Jason

 

[rrlongwell]

This is what I was told from title services. The person I was talking to very well could have been wrong. It's not like a wyndham rep has ever said something incorrect or not know their own programs. :hysterical:

Jason

What you are observing is true. Different people give different answers at Wynhdam. My account has five deeds in it under a single enity name, all the same. One deed in it with three names. One deed with two names.

The five deeds entry has four authorized users/owners on it (LLC). My wife and I are on one deed. My wife, my son, and I are on one deed.

I did the account configuration the way it was on the advise of Title and Owner Relations (Member Services).

Just for your info, it is also possable to tie VIP to a new purchase contract, I did that on two different contracts.

 

[persia]

I've gotten the transfer resale to a new contract with purchase of additional points offer twice. Both times I didn't take them up on it. It's hard to enter into a mortgage for thousands of dollars on property you know is worthless on resale.

I guess I'm dropping my dreams of becoming VIP and I'll just enjoy using the points the way I currently do.

Robert

What you are observing is true. Different people give different answers at Wynhdam. My account has five deeds in it under a single enity name, all the same. One deed in it with three names. One deed with two names.

The five deeds entry has four authorized users/owners on it (LLC). My wife and I are on one deed. My wife, my son, and I are on one deed.

I did the account configuration the way it was on the advise of Title and Owner Relations (Member Services).

Just for your info, it is also possable to tie VIP to a new purchase contract, I did that on two different contracts.

 

[timeos2]

VIP as sold today a total ripoff & waste of good dollars

I've gotten the transfer resale to a new contract with purchase of additional points offer twice. Both times I didn't take them up on it. It's hard to enter into a mortgage for thousands of dollars on property you know is worthless on resale.

I guess I'm dropping my dreams of becoming VIP and I'll just enjoy using the points the way I currently do.

Robert

Best choice both economically and functionally. You aren't spending far too many immediately worthless dollars on developer points, the extra annual fees & possible SA's on those and avoiding the very real risk that whatever small VIP benefit you hope to gain will be the next one changed or eliminated by Wyndham. Buy all the points you want for little or nothing, pay just the fee on those you'll actually be likely to use and give it away when the day comes you don't want it anymore without bemoaning the loss of tens of thousands of wasted dollars on developer points.

As pointed out many times in these recurring threads the minimal VIP perks are not guaranteed and not transferable thus making them little to no value except as a sales weasel selling point. Paying for that makes no sense when it is next to impossible to get even equal value out and more likely will result in a big loss. Spending thousands or even tens of thousands (as crazy as it sounds people DO IT!) to "avoid" a $39 - $99 occasional fee (which can often be minimized or avoided with a bit of planning) makes absolutely no sense.

It amazes me that Wyndham and their sales misrepresentatives have been able to convince so many otherwise seemingly smart owners that paying BIG money to to become VIP is a value. Nothing could be further from the truth except possibly anything stated by a Wastegate sales weasel.

Enjoy the bargain you have with resale Wyndham points and never worry about VIP again. You'll sleep much better and be richer for it.

 

[Ridewithme38]

Ok VIP Benefits to 500,000 points(These are the only ones i personally know of, that doesn't mean this is all)

35% off reservations booked within 60 days...this means with your MF your getting about 10 days for the price of 7

Unit Size Upgrade within 45 days of check in...this is based on availability(rarely available), When it is Available, it allows you to use less points for a larger room, allows you to use the MF of a 1br(77k+ points) for a 2br (154k+ points) almost doubles the amount of weeks you can get for the same MF's...most of the time this isnt available...so no real value

TEN Complimentary Guest Certificates....This is mainly a benefit to those that rent their reservations, or who want to share their vacations with friends/family not on the deed...you only get one if your not VIP, If you run out they cost $99 for this Could potentially save you $891...if you use them..for most people this doesn't save much

ONE 11 Month Advance Reservations at NON-Owner resorts...Normal Advance Reservations for the resort YOU own is 13 months...for Non-Owners is 9 months...This gives you a boost over other non-owners for those places and times that book up REALLY fast...

Request Specific Unit Number when making Reservations....GREAT Benefit if you like a certain view or location at a certain resort...dozens of people here will tell you how important Ocean front is vs Garden or Parking Lot View

FREE Reservation Transactions....for 500k points, you get about 6 reservations a year...i don't know that you would need more then 6(short stays, long weekend stays?)...BUT if you did this saves you about $30

Unlimited Housekeeping Credits....This is really only important if you book short stays..as you already get about 500 with 500k points...But it could come in handy and if you need more Housekeeping credits this'll save you about $2.25 per

Early Check in at 2pm...If you've ever been to Bonnet Creek during a school break you know how annoying it is waiting till 4pm with everyone else...This is nice

Mid-Week Cleaning....I like this, as for some reason i tend to not have enough towels...and its nice them taking out the garbage instead of me...Thats just me though

Any there are more and more....But all of them combined, definately HAVE value

 

[rrlongwell]

[QUOTE/QUOTE]

The above was a great summary. Only the most important one was missed, the free morning paper, if the resort honors this. Welcome back. Do you still like Williamsburg.

 

[Ridewithme38]

[QUOTE/QUOTE]

The above was a great summary. Only the most important one was missed, the free morning paper, if the resort honors this.

Its the Wall Street Journal, Right? Meh, i don't know why they do that, i'd MUCH rather read a local paper, even if the news isn't as professional...i can read the Wall Street Journal at home anytime

 

[rrlongwell]

Its the Wall Street Journal, Right? Meh, i don't know why they do that, i'd MUCH rather read a local paper, even if the news isn't as professional...i can read the Wall Street Journal at home anytime

Actually not so good as the Wall Street Journel, the USA Today, local papers on weekends. We mostly go on Friday and Saturday nights. If you were the CEO of USA Today, you might think was impressive.

 

[ronparise]

Its the Wall Street Journal, Right? Meh, i don't know why they do that, i'd MUCH rather read a local paper, even if the news isn't as professional...i can read the Wall Street Journal at home anytime

Damn...since you were last active here you have become the Wyndham expert...I agree with you summary of the VIP benefits. Although the question is never...are these benefits desireable? I think we all agree they are. The bigger question is...Are they worth the money you pay? The answer is probably not

The upgrades are always available if you play the game some VIP owners play. They reserve a studio and a 3 bedroom 10-13 months out. Then in the discount/upgrade window; cancel them both, and immediately rebook the studio and upgrade to the three bedroom. Gold VIPs end up getting, the 3 bedroom at 65% of the studio prices...(Platinum at 50%)

 

[timeos2]

Damn...since you were last active here you have become the Wyndham expert...I agree with you summary of the VIP benefits. Although the question is never...are these benefits desireable? I think we all agree they are. The bigger question is...Are they worth the money you pay? The answer is probably not

The upgrades are always available if you play the game some VIP owners play. They reserve a studio and a 3 bedroom 10-13 months out. Then in the discount/upgrade window; cancel them both, and immediately rebook the studio and upgrade to the three bedroom. Gold VIPs end up getting, the 3 bedroom at 65% of the studio prices...(Platinum at 50%)

Ron - that is the point. At no cost those can be a fair thing to have (not great as any reservation that is still around at 6 days isn't a deal as it is really unwanted. It is easy to rent it at 1/3 of the cost of the fees - no VIP or even ownership required! The rest are either a few bucks and/or obtained for free by any guest that bothers to ask in most cases.

But it isn't free so THAT"S why it is worthless. You never get what it costs to obtain (now). Doesn't apply to those that have it from the days when resale qualified. But they can't sell it so it still has no value. Obsessing over it is playing the game the weasels want.

 

[chapjim]

Ok VIP Benefits to 500,000 points(These are the only ones i personally know of, that doesn't mean this is all)

35% off reservations booked within 60 days...this means with your MF your getting about 10 days for the price of 7

Unit Size Upgrade within 45 days of check in...this is based on availability(rarely available), When it is Available, it allows you to use less points for a larger room, allows you to use the MF of a 1br(77k+ points) for a 2br (154k+ points) almost doubles the amount of weeks you can get for the same MF's...most of the time this isnt available...so no real value

TEN Complimentary Guest Certificates....This is mainly a benefit to those that rent their reservations, or who want to share their vacations with friends/family not on the deed...you only get one if your not VIP, If you run out they cost $99 for this Could potentially save you $891...if you use them..for most people this doesn't save much

ONE 11 Month Advance Reservations at NON-Owner resorts...Normal Advance Reservations for the resort YOU own is 13 months...for Non-Owners is 9 months...This gives you a boost over other non-owners for those places and times that book up REALLY fast...

Request Specific Unit Number when making Reservations....GREAT Benefit if you like a certain view or location at a certain resort...dozens of people here will tell you how important Ocean front is vs Garden or Parking Lot View

FREE Reservation Transactions....for 500k points, you get about 6 reservations a year...i don't know that you would need more then 6(short stays, long weekend stays?)...BUT if you did this saves you about $30

Unlimited Housekeeping Credits....This is really only important if you book short stays..as you already get about 500 with 500k points...But it could come in handy and if you need more Housekeeping credits this'll save you about $2.25 per

Early Check in at 2pm...If you've ever been to Bonnet Creek during a school break you know how annoying it is waiting till 4pm with everyone else...This is nice

Mid-Week Cleaning....I like this, as for some reason i tend to not have enough towels...and its nice them taking out the garbage instead of me...Thats just me though

Any there are more and more....But all of them combined, definately HAVE value

A couple of quibbles to an otherwise great summary. Plus, I'll add comments about VIP Platinum.

VIP Platinum gets a 50% discount within 60 days.

One of the reasons you have trouble getting upgrades 45 days before check-in is that VIP Platinum owners can do it 60 days before check-in. My experience with upgrades is pretty good for off season weeks, next to non-existent for popular weeks. I've upgraded prime weeks a few times which I attribute to the blind squirrel phenomenon. Now and then you can score an upgrade along with the 50% discount but again this is only likely for off-prime weeks.

Guest Certificates: VIP Platinum gets 15/million points, sufficient unless you are doing a lot of weekend reservations. To run out, you would need to have an average point costs less than 67K per reservation.

ARP, etc.: Non-owners can do standard reservations 10 months before check-in.

Specific Unit Number: This will be honored if the owner is the occupant. It may or not be honored if a guest is an occupant. Depends on the resort. My bad experiences have been at Ocean Walk -- guest paid for a specific ocean front unit, was assigned a city view unit at check-in. I like the points table at Ocean Boulevard (Myrtle Beach) -- upper/lower floor, ocean front/view. There you may not get a specific unit but you will get what you pay for. Ocean Walk should consider this kind of scheme.

Housekeeping credits: I've never paid any attention to them. I'd have to look it up. Maybe VIP Platinum is unlimited.

Early check-in: Concur this can be nice although we've been places that said, "We don't do that here." There's a string somewhere on TUG with more details. We don't get too many places that early anyway.

Mid-week cleaning: A mid-week "tidy" is nice for the reasons you say.

Newspaper: As someone said, it is the "comic book" paper (USA Today) during the week, a local paper on weekends. Actual delivery can be spotty or maybe the neighbors are filching our paper.

Add Unlimited Free Reservation Transactions: For me, this is important. I make a lot of reservations, cancel a lot of unsold reservations at the 15 day point, cancel a lot of reservations to free up points for something a customer wants, and I rebook virtually every reservation at the 60 day point.

There is some perk having to do with Exchanges. I use all 3 million points and haven't exchanged Wyndham points in years so I don't know how this works.

 

[rrlongwell]

[QUOTE/QUOTE]

I have no significant trouble getting VIP Discounts on points year around. The way I do it is we go to 4 or 5 resorts close to us for weekend stays and will go to the ones that have the availability. Upgrades are frequent at these locations. I do not remember having to use a full rate for points.

 

[chapjim]

[QUOTE/QUOTE]

I have no significant trouble getting VIP Discounts on points year around. The way I do it is we go to 4 or 5 resorts close to us for weekend stays and will go to the ones that have the availability. Upgrades are frequent at these locations. I do not remember having to use a full rate for points.

Nor do I have trouble with VIP discounts. I get a 50% discount on almost every reservation I make because I rebook at 60 days before check-in. I have a lot of trouble getting upgrades during popular weeks. It's a matter of luck -- being first with a reservation request after a cancellation hits.

I have 37 active reservations with Wyndham at the moment. Nine are within the 60 day window. All have been rebooked at 50% discount. Two have actually been upgraded. The other seven are for New Year's Eve or the BCS Championship in New Orleans.

 

[dr_adventure]

Ok VIP Benefits to 500,000 points(These are the only ones i personally know of, that doesn't mean this is all)

35% off reservations booked within 60 days...this means with your MF your getting about 10 days for the price of 7

And if you are VIP Platinum - you are getting 10 days for 5.

Unit Size Upgrade within 45 days of check in...this is based on availability(rarely available), When it is Available, it allows you to use less points for a larger room, allows you to use the MF of a 1br(77k+ points) for a 2br (154k+ points) almost doubles the amount of weeks you can get for the same MF's...most of the time this isnt available...so no real value

During prime season this is true - However in NON-prime and depending on how you book - not so true - I got a full week upgraded in HI from 1 Bdr. to 2 Bdr - I have an upcoming trip to Cantuerbury where I have gotten 1Bdr. to 2Bdr Presidential.

TEN Complimentary Guest Certificates....This is mainly a benefit to those that rent their reservations, or who want to share their vacations with friends/family not on the deed...you only get one if your not VIP, If you run out they cost $99 for this Could potentially save you $891...if you use them..for most people this doesn't save much

Not true - I'm taking my mother and her husband to HI and SF - three weeks worth of travel, but some of them are shorter stays -

ONE 11 Month Advance Reservations at NON-Owner resorts...Normal Advance Reservations for the resort YOU own is 13 months...for Non-Owners is 9 months...This gives you a boost over other non-owners for those places and times that book up REALLY fast...

I have not used this much.

Request Specific Unit Number when making Reservations....GREAT Benefit if you like a certain view or location at a certain resort...dozens of people here will tell you how important Ocean front is vs Garden or Parking Lot View

Not used this much

FREE Reservation Transactions....for 500k points, you get about 6 reservations a year...i don't know that you would need more then 6(short stays, long weekend stays?)...BUT if you did this saves you about $30

I use this all the time - having unlimited is great - I book and cancel all the time. Also the way I book is different. It saves me several hundred a year (if not more)

Unlimited Housekeeping Credits....This is really only important if you book short stays..as you already get about 500 with 500k points...But it could come in handy and if you need more Housekeeping credits this'll save you about $2.25 per

I do a lot of 1 -3 night stays - so this saves me a boat load.

Early Check in at 2pm...If you've ever been to Bonnet Creek during a school break you know how annoying it is waiting till 4pm with everyone else...This is nice

I find this hit and miss.

Mid-Week Cleaning....I like this, as for some reason i tend to not have enough towels...and its nice them taking out the garbage instead of me...Thats just me though

Since I rarely stay for a week - I rarely experience - nice when I do.

Any there are more and more....But all of them combined, definately HAVE value

The newspaper is nice - but I don't always read it.

The VIP benefit I wish thy had was some transfer over to RCI or some reduction in trading fee.

 

[massvacationer]

Nor do I have trouble with VIP discounts. I get a 50% discount on almost every reservation I make because I rebook at 60 days before check-in. I have a lot of trouble getting upgrades during popular weeks. It's a matter of luck -- being first with a reservation request after a cancellation hits.

I have 37 active reservations with Wyndham at the moment. Nine are within the 60 day window. All have been rebooked at 50% discount. Two have actually been upgraded. The other seven are for New Year's Eve or the BCS Championship in New Orleans.

Just to do a little quick math, if you can get 50 % discount on all reservations, that allows you to essentially stretch 3 million points to 6 million points. This could represent maintenance-fee savings of approximately $12,000 to $15,000 per year.......it seems like one could make a pretty good financial case for VIP platinum ownership, if the purchase price is reasonable (via PIC - or a trade-in/wash of resale points with smallish retail purchase).......I know that there is a lot of risk, time and work involved in renting reservations, so this is not easy. And there is also risk with Wyndham changing the rules in the future. But, VIP Plat does look attractive with this scenario.

 

[ronparise]

Just to do a little quick math, if you can get 50 % discount on all reservations, that allows you to essentially stretch 3 million points to 6 million points. This could represent maintenance-fee savings of approximately $12,000 to $15,000 per year.......it seems like one could make a pretty good financial case for VIP platinum ownership, if the purchase price is reasonable (via PIC - or a trade-in/wash of resale points with smallish retail purchase).......I know that there is a lot of risk, time and work involved in renting reservations, so this is not easy. And there is also risk with Wyndham changing the rules in the future. But, VIP Plat does look attractive with this scenario.

I agree and at the very least it gives me something to talk to the salespeople about when Im attending an "owner update"

 

[kev5982]

I am a platinum owner with a million points and used 122 vacation days this past year. I received a lot of upgrades and there is a lot of availability with in the 60 day window. How many days of vacation would I get if I bought resale with no VIP.

Kevin

 

[chapjim]

I am a platinum owner with a million points and used 122 vacation days this past year. I received a lot of upgrades and there is a lot of availability with in the 60 day window. How many days of vacation would I get if I bought resale with no VIP.

Kevin

I keep my books by check-in date so it's hard to tell how many points I actually used by Wyndham's Use Year.

I own just under 3 million points (2,943,500). I had 2,954,300 points worth of reservations with check-in dates in calendar year 2011. I have 4,944,000 worth of reservations with check-in dates in calendar year 2012. The check-in date for the latest reservation is July 15, 2012. 4,623,200 of the 2012 reservations still have to be rebooked so I'll recover 2.3 million points to use later.

I didn't start rebooking until early 2011 so it appears the points recovered from rebooking were primarily used on reservations in 2012.

 

[Ridewithme38]

I am a platinum owner with a million points and used 122 vacation days this past year. I received a lot of upgrades and there is a lot of availability with in the 60 day window. How many days of vacation would I get if I bought resale with no VIP.

Kevin

I'd say its really not that simple, it depends on where you stay'd and what size rooms you got...but if you use an average of 154,000 points a week, which isn't an accurate average with Wyndham....you would have gotten 6 1/2 weeks or 33 days

 

[timeos2]

This idea is not for the typical user / owner

Just to do a little quick math, if you can get 50 % discount on all reservations, that allows you to essentially stretch 3 million points to 6 million points. This could represent maintenance-fee savings of approximately $12,000 to $15,000 per year.......it seems like one could make a pretty good financial case for VIP platinum ownership, if the purchase price is reasonable (via PIC - or a trade-in/wash of resale points with smallish retail purchase).......I know that there is a lot of risk, time and work involved in renting reservations, so this is not easy. And there is also risk with Wyndham changing the rules in the future. But, VIP Plat does look attractive with this scenario.

Lets get the unavoidable annual fees for 3 million points. Once that number is added in the $15K is a drop in a very large bucket. And the $15K assumes successful rental of a majority of those points. Not easy or likely anymore. I've had Superbowl weeks at a prime resort less than a mile away go unrented (made for a great week for me but I didn't get any income), so no matter what you may be able to get there is no guarantee of rental occurring. And the fees are due no matter what.

And let us not forget the $50,000+ in upfront purchase costs it would take to even get VIP now. It would be at least a decade (maybe two or more) simply to recover in future dollars the REAL money you have to lay out NOW plus those annual amounts hanging over your bank account.

It makes a great discussion and for a few diehards it can make a few bucks while risking tens of thousands. But for the average owner / buyer paying the going rate today to be "VIP" makes no sense at all. None. You may see it differently. If so best of luck to you if you actually buy in. You'll need it. And in the end I'll bet you'll regret the choice rather than feel it was a good financial move.

 

[kev5982]

I agree it was not a great financial move. I purchased 154,000 to start and then added another one before merging with a friend who had done the same. We had to purchase again to do the merge, something I would not do again, but slowly I try to recover the money and enjoy the vacations.

My MF's are low as of today. For 2012 the fees will be $3900. So I am able to pay the fees and enjoy the vacations and make some money to vacation on.

When I do rent its not for a lot, usually $100/night. I have made lots of people happy so they can vacation fairly cheap.

I was asked by a friend if they purchased 1,000,000 resale points would they be able to enjoy what I do from my platinum ownership. If they purchased at Bonnet Creek, the fees would be $5000 a year, so they would have to recover that before they could enjoy their own vacations.

To me it doesn't make sense to purchase resale. If I were to do it all over again, I would rent off the wonderful people on this site. I didn't know of this site before I purchased my first timeshare. I went to Disney and just wanted some free disney tickets, so I purchased a timeshare.

Kevin

 

[rrlongwell]

... I didn't start rebooking until early 2011 so it appears the points recovered from rebooking were primarily used on reservations in 2012.

You must have multiple contracts with different use years. What caught up with you appears to be booking then cancelling with the cancelled points going to further out use year than they orginally were in. Current use year points will be used by the computer prior to the cancelled ones unless you call reservations on the same day of booking and have them use the cancelled points instead of the regular use year points.