First things first. If you purchased from the weasel, recind immediately. You will always get a better deal on resale, and if you're so inclined can get just as crappy a deal from a developer today as you can tomorrow.
I don't know how it works when booking directly with your resort, but if you were to do an exchange through Interval you can have that exchange put in a friend or family member's name for an additional fee of $39; this may be what the bottom feeder weasel was referring to.
Also, you are sure to hear from people who strongly feel that Westgate is the worst place you could purchase (whether or not it's resale). Personally, I've stayed at one Westgate resort in Orlando, and although I made the mistake of showing up for whatever "survey" they wanted me to do I did not fall for their high pressure sales tatics. Other than that I thought the resort was great, and had a great vacation. I would exchange there again, only this time I would just unplug the phone in the room.