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Thoughts on Shell Vacation Club?

sptung said:
From my understanding through today's update, it was their program to buyback and sell foreclosed properties at a discount to existing owners. They started that program during the recent recession. It is now superseded by Ovation. Again, I knew/know nothing about OVP. I am familiar with Ovation. Wyndham group (Worldmark/Club Wyndham...) will take back fully paid timeshares from owners. Ovation is good for owners and great for Wyndham (generic name for all timeshare systems under Wyndham).
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I don't know that Ovation offers deebacks to Shell and WM. I would guess not in the case of Shell, seeing as it's so hard to give them away.

The OVP confuses me a little....they don't have to "buy" back foreclosures, as they simply take them in lieu of the default owed. I'm sure Wyndham would much prefer selling club memberships over intervals, and would guess that any intervals they take back are being deeded into the CWA to expand that footprint. I've never read of Wyndham selling a takeback to owners at a discount, but I'm aware that I haven't read everything yet.
 
Ovation is available to both Worldmark and Wyndham. Don't know about Shell. I was offered OVP pricing today for a number of contracts that they have gotten back but I declined.
 
sptung said:
Ovation is available to both Worldmark and Wyndham. Don't know about Shell. I was offered OVP pricing today for a number of contracts that they have gotten back but I declined.
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Wow, what kind of pricing? $13K instead of $18K?
 
sptung said:
Ovation is available to both Worldmark and Wyndham. Don't know about Shell. I was offered OVP pricing today for a number of contracts that they have gotten back but I declined.
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Shell paying anything to take back Shell contracts would be pure owner arbitrage. I would make a killing.
 
Ovation is not necessary for Worldmark contracts, as they are readily sold for $3K+ for a 10K contract. Understand they may offer it, but owners should know that giving away something that has value is not necessary.
 
Bigrob said:
Ovation is not necessary for Worldmark contracts, as they are readily sold for $3K+ for a 10K contract. Understand they may offer it, but owners should know that giving away something that has value is not necessary.
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Same goes for CWP contracts, many of which have made their way back to Wyndham through Ovation. I think some folks may just not want to deal with it.
 
sptung said:
From my understanding through today's update, it was their program to buyback and sell foreclosed properties at a discount to existing owners. They started that program during the recent recession. It is now superseded by Ovation. Again, I knew/know nothing about OVP. I am familiar with Ovation. Wyndham group (Worldmark/Club Wyndham...) will take back fully paid timeshares from owners. Ovation is good for owners and great for Wyndham (generic name for all timeshare systems under Wyndham).
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I was moved toward paying the higher MF and going for this, but this news about leaving II makes me rethink things. I don't know if Shell will have the same trade power in RCI....I am confident that Shell won't particurly grow under the Wyndham umbrella, and the one resort that most excites me, the Inn at the Park, only has 42 Shell units for which a week I want would apparently cost more then my $1400+ maintenance fees would provide.


Hmmm.
 
Ty1on said:
I've never read of Wyndham selling a takeback to owners at a discount, but I'm aware that I haven't read everything yet.
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I have been offered takebacks at a Wyndham sales presentation a couple of times. It is always offered as part of a new purchase. The most recent one was at Wyndham Ocean Ridge just a few weeks ago. The deal I was offered was a 28k CWA contract at full price which was $7000.00 and a 200k Myrtle Beach Foreclosure for $10,000.00. So $17,000.00 for 228k points.


Sent from my iPad using Tapatalk HD
 
Shell is considering doing deedbacks and/or referring owners who no longer want their memberships to a resale agent to sell it for them. I went through a lengthy survey from them recently. The gist of the survey was they wanted to know if Shell would have a better reputation if they offered to take contracts back (you'd pay for the transfer back) and/or if they had a resale agent referral for those wanting to get rid of their contracts. It asked which of those I'd use and why. It is possible that Shell will take contracts back in the future, but with resales at around $1., they won't buy them back like WM and Wyn.

If Shell goes back to RCI, I can't imagine it being worth having compared to using WM for RCI trades.

Ty1on, if you haven't been looking at WM, look at that before you make the leap to join Shell. They have your favorite Shell location at lower fees and a lot of other great locations, including 3 others in San Diego area.
 
presley said:
Shell is considering doing deedbacks and/or referring owners who no longer want their memberships to a resale agent to sell it for them. I went through a lengthy survey from them recently. The gist of the survey was they wanted to know if Shell would have a better reputation if they offered to take contracts back (you'd pay for the transfer back) and/or if they had a resale agent referral for those wanting to get rid of their contracts. It asked which of those I'd use and why. It is possible that Shell will take contracts back in the future, but with resales at around $1., they won't buy them back like WM and Wyn.

If Shell goes back to RCI, I can't imagine it being worth having compared to using WM for RCI trades.

Ty1on, if you haven't been looking at WM, look at that before you make the leap to join Shell. They have your favorite Shell location at lower fees and a lot of other great locations, including 3 others in San Diego area.
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Yeah, I might just wait for awhile until I'm in financial position to buy into WM.
 
I sure hope Shell isn't going back to RCI. Worldmark hasn't. If they do, I may get rid of one of my contracts.
 
alexadeparis said:
I sure hope Shell isn't going back to RCI. Worldmark hasn't. If they do, I may get rid of one of my contracts.
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Yeah that would suck. I much prefer II over RCI, not even close. But I would just have to adapt.
 
Wyndham/Shell

I have owned SVC for over ten years. This past weekend I sat through the timeshare deal at Wyndham Glacier Canyon at the Wisconsin Dells. I was told by the sales team that if I bought into it, I would be able to use my SVC points to trade with RCI. From what I am reading here, what I was told by SVC, what I was told by an RCI rep, and what I was told by a Wyndham booking rep - that is totally false. Has anyone else had an experience with the Wyndham scam and been told they can use SVC points to trade with RCI in the Club Wyndham timeshare?

Hopefully I made sense.
 
ginminnesota said:
I have owned SVC for over ten years. This past weekend I sat through the timeshare deal at Wyndham Glacier Canyon at the Wisconsin Dells. I was told by the sales team that if I bought into it, I would be able to use my SVC points to trade with RCI. From what I am reading here, what I was told by SVC, what I was told by an RCI rep, and what I was told by a Wyndham booking rep - that is totally false. Has anyone else had an experience with the Wyndham scam and been told they can use SVC points to trade with RCI in the Club Wyndham timeshare?

Hopefully I made sense.
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There is talk here of SVC going over to RCI in 2017. This may be what he was talking about.

I think Sales Weasels are perfectly willing to lie into a sale, but there are many times either the audience misunderstood what salesmen were saying, or they didn't convey what they meant to say very well.

Granted, for all we know, SVC going to RCI could be a sales lie, too, but the idea makes sense to me seeing as Wyndham Worldwide owns WVO and RCI, and WVO owns Shell.....
 
Thank you for answering. I believe it was a total lie to get me to buy into their timeshare. Nobody was able to explain to me exactly how I would be able to log in and slide SVC points over to Wyndham and then use them to book through RCI. Truly, if I was able to do so, it would be ideal. We go to the Dells every summer and renting a 4 bedroom presidential there is what my husband wants. If anyone know how I can go about doing so, please say so.
 
ginminnesota said:
Thank you for answering. I believe it was a total lie to get me to buy into their timeshare. Nobody was able to explain to me exactly how I would be able to log in and slide SVC points over to Wyndham and then use them to book through RCI. Truly, if I was able to do so, it would be ideal. We go to the Dells every summer and renting a 4 bedroom presidential there is what my husband wants. If anyone know how I can go about doing so, please say so.
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Believe me, if they do move to RCI only, it sounds like there will be more current owners pissed about it than happy.

I think if you own developer purchased Shell points, you can participate in Partners Plus, which WOULD allow you to use your Shell points to reserve Wyndham properties as it would allow CWP members to book Shell resorts with Wyndham points. Don't quote me on that, though.
 
Partners Plus? I have no idea what that is. Is it something that I would have had to pay extra for? I just pay my monthly maintenance fees and bank my points year to year.
 
ginminnesota said:
Partners Plus? I have no idea what that is. Is it something that I would have had to pay extra for? I just pay my monthly maintenance fees and bank my points year to year.
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I can only tell you from the Wyndham side. It costs 2 cents per thousand points extra and is only available to developer sold points. That would be $4 per year for a 200K contract. I'm sure there is a transaction fee involved in using it, though.

Okay I found it. It is called Club Pass and is only shared between Wyndham and WorldMark. Scratch everything I just said. They lied to you.
 
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Maybe Wyndham point owners are allowed to trade between RCI and SVC, but SVC point owners are not.?

I'm new to this website.....like an hour and a half. Is there a portion of it where owners rent out what they own? Or trade? I have 4500 point per year with Shell....bank every year.

Like I posted a few up, I really want to find a way to spend the first weekend in August 2016 in the 4 bedroom presidential at Glacier Canyon..
 
ginminnesota said:
Maybe Wyndham point owners are allowed to trade between RCI and SVC, but SVC point owners are not.?

I'm new to this website.....like an hour and a half. Is there a portion of it where owners rent out what they own? Or trade? I have 4500 point per year with Shell....bank every year.

Like I posted a few up, I really want to find a way to spend the first weekend in August 2016 in the 4 bedroom presidential at Glacier Canyon..
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See above, I had it wrong.

There is a robust rental section on the red ribbon atop the page. You can also look at redweek.com
 
Thank you so so much. I greatly appreciate you patiently answering all of my questions. Truly, you've been a big help.
 
ginminnesota said:
Thank you so so much. I greatly appreciate you patiently answering all of my questions. Truly, you've been a big help.
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Best of luck to you, and I hope you will share any experiences you have with Shell with us as they occur.
 
Oh...geez......I should have elaborated more.

I have 4500 points per year, own it out right, and just pay the MF ($103.00 per month...or some amount close to that)

.I have not utilized my points as much as I should.

For the past several years I just bank them. After 2 years, I believe, you have to use or lose the banked points from the use year before.
(don't quote me on that.....it is something along those lines, but super easy to deal with)

We used the points the first year that we bought (ten years ago) to go to Disney. RCI must have been the exchange company at the time, because I recall Disney properties being an option (although not available). Other years, I used the points for airfare for the kids and I to visit my family.

We vacation the first weekend of August for the past 3 years at Wisconsin Dells with another family. Although not the biggest bang for the buck for the use of my points, I turn the use them or lose them points into hotel gift cards and pay for the Dells with the cards. 4500 points will buy you a little over $600 in gift cards. Considering I pay $1200 in MF.....that seems silly, but it's where I want to vacation and I don't have that option through II.

My family took a vacation to Mexico this past winter, however, I did not wind up using my points, due to it winding up being more money to do so. I wanted an all inclusive resort. Booking with points meant I had to pay the fee to the resort separate and airfare separate. Using expedia....saved thousands. Had I wanted a non all inclusive resort......I would have used my points and would have had a 2 or 3 bedroom condo.

I have found SV customer service to be lovely. They are super helpful and workable.

I hope this helps .

One more question - the Wyndham rep trying to sell to us also said that through RCI....would could book a trip and instead of use points, we could pay a maximum of $341 for a week at an all inclusive resort......that included the all inclusive fee. Is that correct?
 
The giant Wyndham umbrella is going to suck Shell back into RCI, it's own exchange company. Well of course because it's better for Wyndham's bottomline. Darn it. I was told last year at a Shell presentation that Shell was staying with II for the quality resorts offered there, which are in keeping with the Shell quality.

Remind me not to purchase eplus retrade $49 benefit in II next year. I have a feeling it would be a waste of money. I am not even sure how my points were handled between RCI and II during the change back to II. I thought I had saved points in RCI back then. No one at Shell could help me figure it out.
 
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