I'm a Wyndham owner and am looking to buy a small Worldmark ownership. What interests me is the ability to book at some of the high demand Worldmark resorts that I can never get into using Club Pass during red weeks, like West Yellowstone and a couple others. Also it's exchange power inside of II is a nice bonus.
I have some questions.
1. It looks like MF are a little more volatile than on the Wyndham side. Tend to go up more quickly over time.
2. Housekeeping seems a little more costly, on average.
3. There's a charge for Internet access (lol?, really, in 2021?)
4. Are there any drawbacks to buying WM resale? Are resale points treated differently than developer points?
5. What are the options for getting out? Does WM have a program like Wyndham's Ovations or whatever it's called now? Or is there a chance you can at least get your purchase cost back on the resale market (assuming you BOUGHT resale, and didn't pay inflated developer cost)
6. It appears there's no VIP type programs like Wyndham, looks like all owners are treated equally?
7. Does Worldmark ownership come with an automatic exchange membership like Wyndham does (RCI, by default)? I know you can trade WM into II if you are a member, but I was unsure if WM automatically tied you into RCI or not, or if it's an issue getting points into II.
8. Looking at points charts, WM seems to do a couple weird things, they seem to have Red/White/Blue points values based on specific dates, not weeks like most all other TS systems. I was confused where, for instance, a resort would have "Red Points" Jan 1-3, then Blue 4-18, White Jan19-April20... etc, and above that different values for Fri-Sat (which, admittedly, Wyndham does). Seemed a little more confusing.
9. Resale values seemed to be all over the place, and I can't seem to figure out why... is there a general rule of thumb of a price to look for? Since apparently all points have the same MF, it's not like trying to hunt down a deeded ownership at a specific resort for lower MF like Wyndham...
10. I've seen references to larger contracts having lower MF. Like two 6,000 pt contracts having higher cumulative MF than one 12,000 one, can you elaborate on this? Can they be combined after the fact? Pros/Cons to this if possible?
Any other things I may be missing? I'm fairly seasoned with timeshare ownership, outside of my Wyndham ownership, I have another timeshare that I can exchange through II, although I've never become a member or done that, I've always just used the week because it's a good week at a location we love.
Thanks in advance.
I have some questions.
1. It looks like MF are a little more volatile than on the Wyndham side. Tend to go up more quickly over time.
2. Housekeeping seems a little more costly, on average.
3. There's a charge for Internet access (lol?, really, in 2021?)
4. Are there any drawbacks to buying WM resale? Are resale points treated differently than developer points?
5. What are the options for getting out? Does WM have a program like Wyndham's Ovations or whatever it's called now? Or is there a chance you can at least get your purchase cost back on the resale market (assuming you BOUGHT resale, and didn't pay inflated developer cost)
6. It appears there's no VIP type programs like Wyndham, looks like all owners are treated equally?
7. Does Worldmark ownership come with an automatic exchange membership like Wyndham does (RCI, by default)? I know you can trade WM into II if you are a member, but I was unsure if WM automatically tied you into RCI or not, or if it's an issue getting points into II.
8. Looking at points charts, WM seems to do a couple weird things, they seem to have Red/White/Blue points values based on specific dates, not weeks like most all other TS systems. I was confused where, for instance, a resort would have "Red Points" Jan 1-3, then Blue 4-18, White Jan19-April20... etc, and above that different values for Fri-Sat (which, admittedly, Wyndham does). Seemed a little more confusing.
9. Resale values seemed to be all over the place, and I can't seem to figure out why... is there a general rule of thumb of a price to look for? Since apparently all points have the same MF, it's not like trying to hunt down a deeded ownership at a specific resort for lower MF like Wyndham...
10. I've seen references to larger contracts having lower MF. Like two 6,000 pt contracts having higher cumulative MF than one 12,000 one, can you elaborate on this? Can they be combined after the fact? Pros/Cons to this if possible?
Any other things I may be missing? I'm fairly seasoned with timeshare ownership, outside of my Wyndham ownership, I have another timeshare that I can exchange through II, although I've never become a member or done that, I've always just used the week because it's a good week at a location we love.
Thanks in advance.
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