Ridewithme38
TUG Member
You're right. Your math is not great.
Shh! don't teach him math! It's better for the Rentee if the Renter can't add!
You're right. Your math is not great.
$7 per 1,000 Some of the Timeshares in the Wyndham system go up to 700,000 points! That's $4,900 for a week!
Granted i only need about 40,000 for two nights, but that's still $280 for only two nights! I'm just a poor single dad! That extra $80 is a week of food!
ETA:
I guess if that includes the $99 cost of a Guest Certificate its not bad...now(2:28pm) if i can get a Platinum member to book it, with their 50% off points and free upgrade, i can get a 2br for 30,300 points $7 per 1,000 equals, $212.10....still more then i like to pay per day, but not 'ridiculously high'
When I asked on the other Wyndham yahoo group, Glenn responded that that the backups for the past couple months were corrupt and they brought a tool in to fix it and that he has seen some indications that the platform is being put back in place.
The space was donated and not only was the forum lost, but the donor's business stuff also.
Ride,
I saw a PM where my husband might have tried to help you, but we are a poor family with upcoming college expenses which doesn't leave much room. I do agree that it is that darn guest certificate fee that kills the price. And of course, those newer Wyndham resort's point charts are through the roof. I don't even like paying the point prices with the discount and the upgrade.
If you are looking for a plat with discount and upgrade I'm guessing your point cost is going to be closer to 15,000 than 30,000 which would save you some money. so if you got one for 15,000 at $7 then your cost is only 52.50 per night.
Jason
I could be wrong but the trend I see becoming more visable is preditor renters want the rental from Platium Members at a fraction of the maintance fees they pay and all the associate benifits. I suspect there are not very many takers on this approach. I could be wrong. I would leave the units sit empty or use them myself at the rate indicated above. I suspect that most of this activity is driven by people trying to rent for a fraction of the maitance fees being paid to then re-rent to others for the profit. A verision of Equity Stealing that you occussionally hear about in the real estate market.
Aren't you one of the people always saying 'Rentals are cheaper then MF's, so why buy?"
When the Wyndham forum was open there were dozens of ad's for people wanting to rent their points for $5 per 1,000, i remember 1 or 2 at $4.50 per thousand, i don't think its 'predatory' when it is the going rate ....If you are a Platinum owner and your paying MORE then $5 per thousand in MF's, you need to reconsider what properties you own at....
As for the 'Equity Stealing' belief, i'm not sure how this would work unless the platinum owner was in on it....The Guest can't call up and change the Guest Certificates, that's something that HAS to be done by the owners...seems like something that would have to be planned out months ahead...the renter would have to advertise and get a renters name to put on the Guest Certificate BEFORE the owner books the room...Very dangerous, its more likely you aren't going to be able to follow through with the rental then you are
... IF you are only getting what you believe are low ball offers, obviously your asking too much ... You guys should feel privileged to even get offered $100 for you week...
Letting you week go to waste because you can't accept the REAL value of your week is stubborn and ignorant...It's the same thing with retail buyers and the thing we fight everyday against here on TUGNo, you have me confused with someone else, I do not rent on E-Bay or the Internet. I am the one that believes that direct purchases from Wyndham still make sense in some cases. As I have already indicated to you, in response to your PM, I do not have enough remaining points to rent to you.
P.S. Posts with negative implications will not change my mind. I guess I am just stubborn and ignorant and no I do not rent for $100 dollars a week.
Good try.
P.P.S. No, I am not a distressed timeshare owner, wish you well on your searches for distressed Platium Owners. I would tend to think finding them would be similar to looking for a needle in a haystack. Please note: I do see million point packages show up on E-Bay from time to time, but not many and even fewer that do not have mininium bids associated with them and none showing up in the for rent timeshare/timeshare packages.
You might want to try this Wyndham group, if you are not already a member. This is not a very active group at all. It is an offshoot of the original yahoo group whose members didn't want to lose the email format when it when into a board format. There may not be alot of activity, but there are a number of members. You have to join of course.
http://groups.yahoo.com/group/Wyndham_Fairfield_Timeshare_Owners/
Remember the good old Yahoo Group days??!!! I miss that format.
I just tried the site and got a login page for the first time since the site went down. I tried to login but it wouldn't recognize my ID. Perhaps we have to reregister.
Cool!its not nearly as active as here, but there is a wealth of great info and friendly members over there that I miss....
I only know about the TUG Wyndham BBS. What are the good features of the Wyndham forum, when it runs properly?
The Moderators and Owner are nicer on TUG.