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Resale Purchases - How Does VIP Work?

S

skotrla

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Considering making resale purchases to get into Wyndham - once you own 1M points from resale if you make a developer purchase, is your status level based on only the developer purchase or does it include your resale points as well?

-Scott
Owner, HICV Google+ Group
 
There are exceptions to what was posted above. PIC etc. Will yield to others willing to share information on what the etc. is.
 
Avislo said:
There are exceptions to what was posted above. PIC etc. Will yield to others willing to share information on what the etc. is.
Click to expand...

No, there really is not any exceptions to what was posted. Resale points do not count toward VIP status. PIC has nothing to do with resale points, since you cannot PIC a resort that is in Club Wyndham points (or RCI points).
 
If you own resale points and then buy 400000 points from Wyndham, all your points will enjoy Silver benefits, but no matter how many resale points you have you cannot advance to Gold without more points purchased directly from Wyndham

If you own resale points and then buy 700,000 points from Wyndham, all your points will enjoy Gold benefits, but no matter how many resale points you have you cannot advance to Silver without more points purchased directly from Wyndham

If you own resale points and then buy 1,000,000 points from Wyndham, all your points will enjoy Platinum benefits, but no matter how many resale points you have you cannot get additional benefits (ie more guest confirms) without more points purchased directly from Wyndham

and if you start with points purchased directly from Wyndham and add resale points, you cannot move to the next VIP level
 
I have bought re-sale through Wyndham and those points do count towards VIP Status. They count as developer points.
 
Also, a non-Wyndham re-sale purchase can count as a PIC.

From the member directory pertaining to VIP Program.

"Eligible points are points associated with ownership interests purchased directly through Wyndham Vacation Resorts or its affiliates, Bonus Points and PIC enrollments (see page 344). •or elimination without notice."
 
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Very well stated. I know in the past a resale would advance a developer points owner to VIP but they were warned that it might not always be done and with the new division some have found truth to the matter.
 
Avislo said:
I have bought re-sale through Wyndham and those points do count towards VIP Status. They count as developer points.
Click to expand...

I think it's fair to say that nobody in this forum would term the type of contracts you described as "resale." If Wyndham is reselling contracts, I would call them repackaged, foreclosed, or something along those lines, but the working definition of resale here is that the points are not purchased from the developer. Calling any developer-sold points resale simply muddies the waters.
 
skotrla said:
Considering making resale purchases to get into Wyndham - once you own 1M points from resale if you make a developer purchase, is your status level based on only the developer purchase or does it include your resale points as well?

-Scott
Owner, HICV Google+ Group
Click to expand...

As you can tell there are some very informed posters on this site. There are also a couple of posters who will go off on tangents and take you down a rabbit hole, muddy the water and perhaps even provide harmful advice.
Learn whom to trust and whom to ignore.
 
" take you down a rabbit hole, muddy the water and perhaps even provide harmful advice."
I agree wjappraise. Just like Wyndham Sales.
 
Avislo said:
I have bought re-sale through Wyndham and those points do count towards VIP Status. They count as developer points.
Click to expand...
When you claim you bought resale through Wyndham.
Whose names were on the dead as grantors?

I think Wyndham claiming to sell you foreclosures or anything else is a sales gimmick. Just to let you think your getting a good deal.
They will sell you any and all points they have available

Do you really think all foreclosures and Ovation contracts stay as one individual contract?

They go back to a pool of points Wyndham owns and they will sell you any amount of those points under a new contract number
Wyndham sells recycled points everyday as a new purchase to buyers
CWA was based on recycled contracts
 
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They have closed a bunch of loopholes over the last 10 years. The best case scenario buying retail, I would expect to pay at least $100,000 for platinum. If you use PIC points and work hard at it you might be able to do it for $35,000-$40,000 but that may only get you gold and not platinum.
 
The one that I got a great deal on and I am not going into specifics, the details were posted on different threads in days gone by was one from the Wyndham Management arm on behalf of the HOA. Wyndham only wanted 25 of them at the time and they had more than what Wyndham wanted at the time. It was a fixed week that I latter converted to points. People tend to overlook the rule is Wyndham (presumably Wyndham Club Plus/Access) and it also includes affiliates.

UPDATE: OK, one time good deal. Anyone wanting to know what deeds I own are free to look them up in county the resort is located in. The price I paid did not include closing costs which I paid and the conversion of the fixed weeks to points which I also paid for.

Sound familiar within the context of Ovation? Wyndham takes what they want refers others to preferred re-sellers?

(001) DEED
Record Date : 1/26/2010 8:59:38 AM
Acknowledgement Date: Not Available
GRANTOR: WESTWINDS PROPERTY OWNERS ASSOCIATION INC (1/26/2010 10:21:31 AM)
GRANTEE: RLGB LLC (1/26/2010 10:21:31 AM)
Book Type: D
Book / Page: 3441 / 773
# of Pages: 4
Consideration: 700.00
MEMO HPR WESTWINDS CONDOMINIUMS WK 39 U/APT/CONDO 704
Legal: HPR WESTWINDS CONDOMINIUMS WK 39 U/APT/CONDO 704
 
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Nomad34 said:
Very well stated. I know in the past a resale would advance a developer points owner to VIP but they were warned that it might not always be done and with the new division some have found truth to the matter.
Click to expand...
Don’t know what you are saying. Were you replying to Avislo?
 
We have VIP status for converting our Kauai weeks to Wyndham points years ago. The bloom is off of the rose for me. It was worth it back then, so we did get our value out of it, but the benefits have deteriorated since we did that 11 years ago. People need to know that Wyndham doesn't have to keep anything the way it is today, and it's nothing like it was back then.

I am negative on Wyndham and would wear a shirt at the Wyndham resorts that says Wyndham sucks without a problem. Well, they might kick me off property.
 
No, it was to Ron's explanation of VIP status obtained only through developer sales.
 
Avislo said:
It was a fixed week that I latter converted to points.
Click to expand...
Thank you for proving yourself wrong!!!
You received no credit toward VIP status for your purchase
You bought a fixed week that had nothing to do with VIP levels

This thread is clearly about resale points - VIP status. You bring up a purchase that has nothing to do with this thread.
 
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It does not matter, however, the transactions involved moved me from Gold to Platinum. Think it is time to move the focus to some other tangent.
 
Avislo said:
It does not matter, however, the transactions involved moved me from Gold to Platinum.
Click to expand...
Another post muddying the water. When you purchased the fixed week it did not move you from Gold to Platinum. That was a separate transaction done at a later date that cost you even more money.
I’ll stop my tangent when you stop posting misinformation
 
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Tangents.....happen.... The OP's question was answered, simply, with the very first response. As someone who benefits from the PIC program, it is important to address PIC as it relates to VIP status. Wyndham will accept 2 non-Wyndham weeks units as PIC points for VIP. So, if you have two (2) 3BR units accepted for the PIC program, you could start with up to 508,000 points. Of course, you can only PIC units at the time of a Developer purchase. 192,000 Developer points on top of the PIC points will get you to Gold...... As another poster stated, those 192,000 points will cost you $35,000-$40,000. While sharing comments on PIC, if should be noted that you can PIC an RCI 'points' timeshare IF you have RCI pull it out of the points system within 30 days of the Developer purchase. I've done that and it's easy.
 
Avislo said:
I have bought re-sale through Wyndham and those points do count towards VIP Status. They count as developer points.
Click to expand...
That is the most blatantly false statement that I have ever read here.
Your resale purchase of a fixed week had no points associated with it !!

The OP wants to know what is available to do today June 2018
They could care less as to what you could do in 2010
 
Braindead said:
That is the most blatantly false statement that I have ever read here.
Your resale purchase of a fixed week had no points associated with it !!

The OP wants to know what is available to do today June 2018
They could care less as to what you could do in 2010
Click to expand...
Just for clarity... Robert's statement "I have bought re-sale through Wyndham and those points do count towards VIP Status. They count as developer points." shouldn't be written off as "false".

Since his comment was "I have bought"... years ago Wyndham would resell contracts, whether foreclosed or turned in for larger contracts, and those reduced priced developer-sold point contracts would count towards VIP. The prices weren't close to owner-sold resale prices, but they were discounted... sometimes foreclosures were offered for what was supposedly the balance that the previous owner owed. I haven't done an "update/sales meeting" in years so I don't know if they still do this.

Also, back in early 2000's I recall Williamsburg Kingsgate doing an auction-style sale where points contracts could be had at a fraction of normal developer sales prices. I didn't buy (or bid) but I would have if that offer was made 2-3 years ago. It was considered a developer purchase.
 
FreeIn2010 said:
Just for clarity... Robert's statement "I have bought re-sale through Wyndham and those points do count towards VIP Status. They count as developer points." shouldn't be written off as "false".

Since his comment was "I have bought"... years ago Wyndham would resell contracts, whether foreclosed or turned in for larger contracts, and those reduced priced developer-sold point contracts would count towards VIP. The prices weren't close to owner-sold resale prices, but they were discounted... sometimes foreclosures were offered for what was supposedly the balance that the previous owner owed. I haven't done an "update/sales meeting" in years so I don't know if they still do this.

Also, back in early 2000's I recall Williamsburg Kingsgate doing an auction-style sale where points contracts could be had at a fraction of normal developer sales prices. I didn't buy (or bid) but I would have if that offer was made 2-3 years ago. It was considered a developer purchase.
Click to expand...
Robert by his own admission made a knowingly false statement.

I have been offered the so called foreclosures several times in the last few years.
Everyone I have been offered
1. Would save me less than $5,000 on purchases that cost over $80,000.
2. Would just happen to be about the size of contract that was being discussed.

Where’s all the foreclosures that were half or three fourths paid off ? Every foreclosure was less than a 10% discount.
That’s why I think it’s a sales gimmick to make you think your getting a good deal.
 
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