• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 29 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Come check it out for a chance to win a Free TUG membership (or renewal) just for helping out!

    Read more here
  • TUG has now saved timeshare owners more than $19,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $19 Million dollars
  • Our 2022 Timeshare Survey is now complete and the full results as well as our expert and witty analysis of each question is available here: Here We hope you enjoy reading the results as much as we did!
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! 50,000+ subscribers! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

Transfer time of resale contract

VacationForever

TUG Review Crew
TUG Member
Joined
Dec 5, 2010
Messages
14,020
Reaction score
7,734
Points
748
Location
Somewhere Out There
I bought a resale contract through one of the trusted resale brokers listed on wmowners.com, Michael Dosh of Best Timeshare, on July 14 and the request was made to Worldmark on the same day. DocuSign was received on August 19. I received snail mail from Worldmark on August 29 and I got my account set up the same day. It took a total of 6 weeks and 4 days from start to finish. :)
 

Huskerpaul

TUG Member
Joined
Jul 4, 2022
Messages
28
Reaction score
15
Points
53
Resorts Owned
BWV
I bought a resale contract through one of the trusted resale brokers listed on wmowners.com, Michael Dosh of Best Timeshare, on July 14 and the request was made to Worldmark on the same day. DocuSign was received on August 19. I received snail mail from Worldmark on August 29 and I got my account set up the same day. It took a total of 6 weeks and 4 days from start to finish. :)
Great news. I bought a resale contract about two weeks after you so hopeful to be on a similar timeline.
 

VacationForever

TUG Review Crew
TUG Member
Joined
Dec 5, 2010
Messages
14,020
Reaction score
7,734
Points
748
Location
Somewhere Out There
BTW, when I tried to setup the account online yesterday, I was unable to do so successfully and had to make a phone call to an agent to complete the "activation". There was no wait time when I called twice yesterday. An agent had to update 3 systems with my email address in order to complete the activation. My second call was to clarify the policy on duplication reservations.
 

kozykritter

TUG Member
Joined
Nov 5, 2012
Messages
692
Reaction score
625
Points
203
Location
Here, There and Everywhere
Resorts Owned
Sheraton Flex, MVC Points, Worldmark
Great news. I bought a resale contract about two weeks after you so hopeful to be on a similar timeline.
You might want to temper your expectations so you aren't disappointed. My friend VacationForever had credits expiring about a week after they did the DocuSign so they received special 5 day processing. My experience below is likely more typical of the current processing speed.

Transfer request made 7/5, DocuSign 8/16 (three days before VF did theirs), transfer completed three weeks later on 9/6. Total transfer time was exactly 9 weeks, in line with the 9-10 week range my reseller said it was taking right now. Still better than the 3+ months it was taking not too long ago!
 
Last edited:

Huskerpaul

TUG Member
Joined
Jul 4, 2022
Messages
28
Reaction score
15
Points
53
Resorts Owned
BWV
I'm sure this is the more likely outcome. I'm in no hurry since I bought a stripped contract.
 

MCLRenoNV

Guest
Joined
Aug 2, 2022
Messages
3
Reaction score
4
Points
3
We’re in the process of a transfer also. Transfer request was submitted to WM on 8/19/22. I’ll try to remember to post an update once the transfer has been completed.
We received our DocuSign today, 9/22/22. About 5 weeks from the date the Transfer request was submitted. The docs state up to another 30 days for the records to be updated, but the DocuSign came faster than we anticipated!
 

ConejoRed

TUG Member
Joined
Jul 2, 2011
Messages
286
Reaction score
91
Points
238
Resorts Owned
HGVC Craigendarroch Lodges, HGVC Bay Club, HGVC GP MarBrisa, Westin St. John, Lake Tahoe Vacation Resort (DRI), Worldmark
Submitted our Docusign earlier this week (received 9/1, but we were out of the country). We were told about 30 days to finalize as well so we will see. The contract is for 15,000 credits a year awarded each February and has 30,000 unused points from previous years (assuming from 2021 and 2022). What would be the deadline for using the 2021 credits? Just trying to figure out our options since we already have our vacations for 2022 scheduled through the end of the year. Can they be deposited to Interval (already have plenty of points in RCI from our HGVC units) and what would the deadline be to do that? We are new to Worldmark (purchased mainly for the West Coast Resorts) so wasn't sure if they will expire on the annual billing date or the end of the calendar year etc. Details of the contract below are in case it is helpful:

2022-09-22_14-12-01.png


Thanks!!
 

VacationForever

TUG Review Crew
TUG Member
Joined
Dec 5, 2010
Messages
14,020
Reaction score
7,734
Points
748
Location
Somewhere Out There
The 2021 Feb credits have an expiration of end of Feb of 2023. You may make a reservation before end of Feb 2023 for a reservation up until end Feb 2024. Be careful if you need to modify, i.e. cancel that reservation after Feb 2023. You will need to make another reservation at the same time when you cancel that reservation, otherwise you will lose the points.

You can deposit into II, based on points chart, to extend 2 years of use beyond Feb 2023.
 

kozykritter

TUG Member
Joined
Nov 5, 2012
Messages
692
Reaction score
625
Points
203
Location
Here, There and Everywhere
Resorts Owned
Sheraton Flex, MVC Points, Worldmark
The 2021 Feb credits have an expiration of end of Feb of 2023. You may make a reservation before end of Feb 2023 for a reservation up until end Feb 2024. Be careful if you need to modify, i.e. cancel that reservation after Feb 2023. You will need to make another reservation at the same time when you cancel that reservation, otherwise you will lose the points.

You can deposit into II, based on points chart, to extend 2 years of use beyond Feb 2023.
I believe you could make a 13-month reservation for your 2021 credits by the end of February 2023 which means through end of March 2024.
 

DaveNV

TUG Review Crew: Expert
TUG Member
Joined
Jun 1, 2006
Messages
19,525
Reaction score
24,059
Points
1,198
Location
Mesquite, Nevada
Resorts Owned
WorldMark
Just be sure if you do need to change or cancel that reservation to call in, and have THEM do it for you. If you do it, the points will disappear, and you'll have nothing.

Dave
 

joyjoy617

Guest
Joined
Sep 24, 2022
Messages
3
Reaction score
0
Points
1
We received our DocuSign today, 9/22/22. About 5 weeks from the date the Transfer request was submitted. The docs state up to another 30 days for the records to be updated, but the DocuSign came faster than we anticipated!
Do you know how the owner sent the transfer request? Is it just an email or forms
 

Huskerpaul

TUG Member
Joined
Jul 4, 2022
Messages
28
Reaction score
15
Points
53
Resorts Owned
BWV
Do you know how the owner sent the transfer request? Is it just an email or forms
DocuSign is an online document program. They email you a link to you document. I was told that after you sign electronically they will send you information via mail a few weeks after you sign. I'm at this stage - waiting for the mail verification from WorldMark to arrive.
 
Top