Should I buy some contracts at Closing Club Wyndham resorts for free on EBay?

[northovr]

There is a Shawnee Village on ebay for a dollar and seller pays all fees. Since they are closing wouldn't I get the proceeds of the sale if I decided I didn't want to switch to Club Wyndham Access. I wouldn't be responsible for any maintenance fees since they are closing. What are the risks? Plus would Club Wyndham actually transfer the deed or can they stop it. Its a fixed week ownership. Is it worth the trouble? Who would buy Shawnee village or any other closing resort and will the owners get a small windfall from it.

Just a thought
Daniel

 

[dioxide45]

This has been discussed some in the long thread about closing resorts, but finding those posts may not be easy. If it were me, it wouldn't be worth the hassle and the risk.

 

[paxsarah]

Theoretically possible, depending on the timing. Converted or unconverted? It seems like in this instance unconverted could be a smoother transfer and less likely to incur maintenance fees at the end of 2025.

All that being said, I’m not jumping on that train either.

 

[chapjim]

I don't know Shawnee. Never been there but the impression I get from posts on TUG is that sections of Shawnee are "worn out." If that is so, what's left over from a sale less expenses might not be a big number.

This may well be a low risk/low reward venture.

 

[HitchHiker71]

There is a Shawnee Village on ebay for a dollar and seller pays all fees. Since they are closing wouldn't I get the proceeds of the sale if I decided I didn't want to switch to Club Wyndham Access. I wouldn't be responsible for any maintenance fees since they are closing. What are the risks? Plus would Club Wyndham actually transfer the deed or can they stop it. Its a fixed week ownership. Is it worth the trouble? Who would buy Shawnee village or any other closing resort and will the owners get a small windfall from it.

Just a thought
Daniel

Just be careful with resorts that have HOAs that have old fixed week inventory that predate Wyndham itself, as is the case with Wyndham Shawnee. While Wyndham manages most of the units at Shawnee, some of the HOAs predate Wyndham and the unconverted fixed week inventory attached to and still managed by the original HOAs, so you could end up being stuck with an old fixed week at Shawnee that isn’t part of the actual sale depending on how that old HOA actually votes. A subset of the HOAs may simply vote to use a different timeshare management company and convert over to a new management company since Wyndham has decided to exit that resort effective 12/31/2025.

I am fairly certain that Wyndham does not own most of the underlying real estate at Shawnee is basically what I’m saying - they may only own the Crestview units that were built by Wyndham - they just manage the older units on behalf of the original HOAs. Wyndham obviously now owns and/or has access to large blocks of deeds from the original HOAs that it has acquired over time, via converted fixed weeks or CWA conversions or repossessions, as part of its plans to all but guarantee a certain voting outcome as we have discussed, but that outcome still isn’t certain. It may not go the way you think.

This is where the underlying complexity comes into the picture that Wyndham has repeatedly indicated will result in the final transactions at each resort varying by quite a bit. Shawnee is one of those resorts where the final transaction may not play out as simply as many believe.


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[northovr]

Just be careful with resorts that have HOAs that have old fixed week inventory that predate Wyndham itself, as is the case with Wyndham Shawnee. While Wyndham manages most of the units at Shawnee, some of the HOAs predate Wyndham and the unconverted fixed week inventory attached to and still managed by the original HOAs, so you could end up being stuck with an old fixed week at Shawnee that isn’t part of the actual sale depending on how that old HOA actually votes. A subset of the HOAs may simply vote to use a different timeshare management company and convert over to a new management company since Wyndham has decided to exit that resort effective 12/31/2025.

I am fairly certain that Wyndham does not own most of the underlying real estate at Shawnee is basically what I’m saying - they may only own the Crestview units that were built by Wyndham - they just manage the older units on behalf of the original HOAs. Wyndham obviously now owns and/or has access to large blocks of deeds from the original HOAs that it has acquired over time, via converted fixed weeks or CWA conversions or repossessions, as part of its plans to all but guarantee a certain voting outcome as we have discussed, but that outcome still isn’t certain. It may not go the way you think.

This is where the underlying complexity comes into the picture that Wyndham has repeatedly indicated will result in the final transactions at each resort varying by quite a bit. Shawnee is one of those resorts where the final transaction may not play out as simply as many believe.


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what about some of the other resorts? I just saw Shawnee on E Bay as an example.

Thanks for your input


Daniel

 

[Jan M.]

what about some of the other resorts? I just saw Shawnee on E Bay as an example.

Thanks for your input


Daniel

There's definitely a market for Bentley Brook to be sold, lucratively, as private condos. Especially with the units being newly updated.

Patriot’s Place could be bought out by another timeshare company or sold as private residences.

Tennessee with no state income tax is popular with retirees. The rec center complex at Fairfield Glade is nice and there's golfing. FG is much bigger than just the Wyndham sections with lots of privately owned houses and condos. We've only stayed in the Nottingham section and were there recently. Everything, interior and exterior, looked to be in good condition so I'd think there'd be a market. A developer might be interested in buying the Wyndham sections.

We stayed in the Sea Pines section of Ocean Ridge, Edisto, this spring. We could see extensive exterior work being done on the non Wyndham units across the street. There's a market for privately owned vacation residences on the island.

We've stayed a number of times at Star Island and really like the resort. With so many timeshare resorts in the area and Wyndham only having units in a few of the buildings, I don't have a guess about what to expect to happen there.

Eight or nine years ago we stayed at Fairfield Bay for several weeks in late March/early April while my husband was working in the area. It was still too early in the spring for occupancy to start picking up. From what we were told Fairfield Bay draws people from the surrounding areas from late April through October. In the winter months the weather and roads make the resort less appealing for many owners. Here's a big issue. Hot Springs, Arkansas offers a lot more to do and has more timeshare resorts. Twice now weve chosen to stay in Hot Springs through RCI over going back to Fairfield Bay. We also own at a non Wyndham resort that gives us an RCI points account with points we need to use. Although we did like Fairfield Bay and wanted to go back sometime. People staying in Branson have Table Rock Lake right there if they like to boat/fish. Lake of the Ozarks is an easy drive from Branson and Springfield for those wanting a more rural experience.

Having stayed in Newport, RI, I'd say there's definitely a market for those resorts to be sold to another timeshare company or as privately owned units.

Two years ago we stayed for a few nights in the Crestview section of Shawnee. Not long enough to really experience the resort or the area. With reports of the poor conditions of some sections I wouldn't expect to see much if an owner didn't want to take the CWA points.

 

[CO skier]

what about some of the other resorts? I just saw Shawnee on E Bay as an example.

Thanks for your input


Daniel

Wyndham is closing a handful of legacy resorts - dedicated chart/tracker located in the first post for this unfolding set of events

There is a 100% chance these weeks will no longer be a part of Club Wyndham and by extension, CWA, if/when/as each affected resort votes to terminate as a timeshare by one means or another. No different than any other converted fixed week owner at the affected resort. Sure, if the resort is...

tugbbs.com

 

[Floridaman76]

I thought about it for about 5 minutes and decided it wasn't worth the risk to possibly make a few bucks

 

[Jan M.]

I thought about it for about 5 minutes and decided it wasn't worth the risk to possibly make a few bucks

I wouldn't expect a quick nor uncomplicated conclusion. I also definitely wouldn't base my expectations in regards to speed and ease on how it went with Orlando International.

The only two resorts I think are worth considering if someone wanted to speculate on making some money are Bentley Brook and Patriot's Place. Both resorts for the location/demand and newly updated units.

 

[silentg]

Just because Wyndham is not going to be affiliated with these Timeshare doesn’t necessarily mean the resort won’t still be operational timeshares. They could be independently run or go with a exchange company.

Wyndham is closing a handful of legacy resorts - dedicated chart/tracker located in the first post for this unfolding set of events

There is a 100% chance these weeks will no longer be a part of Club Wyndham and by extension, CWA, if/when/as each affected resort votes to terminate as a timeshare by one means or another. No different than any other converted fixed week owner at the affected resort. Sure, if the resort is...

tugbbs.com

 

[CO skier]

Just because Wyndham is not going to be affiliated with these Timeshare doesn’t necessarily mean the resort won’t still be operational timeshares. They could be independently run or go with a exchange company.

The OP is looking for "the proceeds of the sale." If the resort is sold, it is not a timeshare anymore.

 

[HitchHiker71]

I wouldn't expect a quick nor uncomplicated conclusion. I also definitely wouldn't base my expectations in regards to speed and ease on how it went with Orlando International.

The only two resorts I think are worth considering if someone wanted to speculate on making some money are Bentley Brook and Patriot's Place. Both resorts for the location/demand and newly updated units.

OIRC is the exception, not the rule, with respect to how the HOA voting and disposition is being planned and managed.


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[HitchHiker71]

There's definitely a market for Bentley Brook to be sold, lucratively, as private condos. Especially with the units being newly updated.

Patriot’s Place could be bought out by another timeshare company or sold as private residences.

Tennessee with no state income tax is popular with retirees. The rec center complex at Fairfield Glade is nice and there's golfing. FG is much bigger than just the Wyndham sections with lots of privately owned houses and condos. We've only stayed in the Nottingham section and were there recently. Everything, interior and exterior, looked to be in good condition so I'd think there'd be a market. A developer might be interested in buying the Wyndham sections.

We stayed in the Sea Pines section of Ocean Ridge, Edisto, this spring. We could see extensive exterior work being done on the non Wyndham units across the street. There's a market for privately owned vacation residences on the island.

We've stayed a number of times at Star Island and really like the resort. With so many timeshare resorts in the area and Wyndham only having units in a few of the buildings, I don't have a guess about what to expect to happen there.

Eight or nine years ago we stayed at Fairfield Bay for several weeks in late March/early April while my husband was working in the area. It was still too early in the spring for occupancy to start picking up. From what we were told Fairfield Bay draws people from the surrounding areas from late April until October. In the winter months the weather and roads make the resort less appealing for many owners. Here's a big issue. Hot Springs, Arkansas offers a lot more to do and has more timeshare resorts. Twice now weve chosen to stay in Hot Springs through RCI over going back to Fairfield Bay. We also own at a non Wyndham resort that gives us an RCI points account with points we need to use. Although we did like Fairfield Bay and wanted to go back sometime. People staying in Branson have Table Rock Lake right there if they like to boat/fish. Lake of the Ozarks is an easy drive from Branson and Springfield for those wanting a more rural experience.

Having stayed in Newport, RI, I'd say there's definitely a market for those resorts to be sold to another timeshare company or as privately owned units.

Two years ago we stayed for a few nights in the Crestview section of Shawnee. Not long enough to really experience the resort or the area. With reports of the poor conditions of some sections I wouldn't expect to see much if an owner didn't want to take the CWA points.

You two continue to be my guiding light with respect to your trips and timeshare usage. Someday….


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[am1]

Go for it. Buy them in llcs. What is your plan to pay fees and or use the properties until you cash out? Probably want a lot of weeks so you have a little power when it comes to voting.

I always thought fractionals would hold their value more. Depending on where and such.

 

[northovr]

Go for it. Buy them in llcs. What is your plan to pay fees and or use the properties until you cash out? Probably want a lot of weeks so you have a little power when it comes to voting.

I always thought fractionals would hold their value more. Depending on where and such.

There will be no fees for 2026 they are closing unless you opt in to access

Daniel

 

[4TimeAway]

All of these are about not having control. If you owed it 100%, you could unlock market value ot best/highest use. Good luck with that here.

Someone once said something like.. "Timeshares are a fun game that cost money" that and the salespersons slogan of "take more and better vacations." Seems about right to me. "Turning a profit".... maybe... but its a tough game and its a small margin.I still find myself wanting to buy low and sell high. With an eye to highend weeks at desirable resorts, but honestly I fear it ends up being 2-4 years of free use and maybe never selling... just annual MFs and use.. not a bad deal, just not an asset...

Maybe others can weigh in... New Years at the Elara or NY, rentals? maybe... still seems like a ton of risk and work.

 

[Floridaman76]

There will be no fees for 2026 they are closing unless you opt in to access

Unless something unexpected happens. Especially since no official stance from Wyndham has been announced.

You could get stuck with a whole year of MF if "things change". Especially with a fixed or float week where MF for the whole year would be due Jan 1. Chancing that is a fools errand, this is Wyndham we are talking about, they rarely do things cleanly.

Good luck.

 

[northovr]

Unless something unexpected happens. Especially since no official stance from Wyndham has been announced.

You could get stuck with a whole year of MF if "things change". Especially with a fixed or float week where MF for the whole year would be due Jan 1. Chancing that is a fools errand, this is Wyndham we are talking about, they rarely do things cleanly.

Good luck.

Something to consider probably right
Daniel