• 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!

We're new WorldMark owners ....

AshleenandJim

newbie
Joined
Jul 11, 2008
Messages
15
Reaction score
0
Points
1
Location
Tucson AZ
It's been about a month since we've been active on this forum. We went to a Wyndham sales presentation/vacation thing in Sedona, back in July, and learned about the points system. Then we started doing a lot of research, including coming to this forum and getting a lot of great info from y'all. We were thinking pretty seriously about buying Wyndham points on the secondary market.

Last night we went to a WorldMark presentation here in Tucson, just to get more info about the whole system and the relationships. (We got $75 worth of gift cards at a sporting goods store and a 3-day Vegas vacation we've yet to schedule, but those were really incidental, and we'd have gone to the presentation without them; indeed, we actually forgot about them till the salesman reminded us as we were leaving!)

We've read somewhere here that Wyndham's VIP perks aren't written into the contract, but at the presentation yesterday, saw that the WorldMark extras are contractual. For that reason, and because WorldMark seems to focus on the West Coast while there's more Wyndham in the East, and a little bit because we liked the WorldMark sales guy a little better than the Wyndham one, we ended up buying the minimum number of credits (6,000) we needed for a "premium" ownership. Haven't even registered on the WorldMark site yet; came here first!

Now we're thinking we might not need any Wyndham points, although we do plan to get additional WorldMark credits on the secondary market. (The Wyndham salesman, when we mentioned "used points" to him, was pretty snippy about it. The WorldMark people agreed that it was a pretty good idea, as long as we have some new points to access the TravelShare and other benefits.)

Any thoughts about any of this?

-- Ashleen and Jim
 

rhonda

TUG Review Crew: Veteran
TUG Member
Joined
Jun 6, 2005
Messages
3,339
Reaction score
954
Points
498
Location
San Diego, CA
Resorts Owned
Worldmark, DVC, Grand Pacific Palisades // Gone: Warner Springs Ranch, Seapointer (SA), WinPointVIP (?)
Welcome, Ashleen and Jim!

Our first timeshare purchase was WM. We purchased direct from the developer and quickly added credits to it via resale. We've had several rounds of both buying and selling and are satisfied. While some of our add-ons went through quickly and easily others included a healthy dose of frustration (slow paperwork, errors in paperwork, too many people involved, etc.) Looking back, I've always been pleased that our first purchase was "through the front door": pleasant transaction, immediate processing, with all the proper documentation, etc.

Don't have any experience with TravelShare ... but we certainly enjoy the WM program "as is." Welcome and best wishes!
 

Bill4728

Moderator
Joined
Jun 6, 2005
Messages
10,845
Reaction score
423
Points
869
Location
Lake Tapps, WA
The advice you'll hear over and over again is that the Travelshare benefits are not worth the extra $10,000 you paid by buying direct from the developer.

IMHO, You should buy all your WM points resale. You're not likely to miss the travelshare benefits.

Rescind Now, while you can.

PS I agree that for someone on the west coast, WM may be a better fit for you than Wyndham.
 

lprstn

TUG Review Crew: Veteran
TUG Member
Joined
Sep 14, 2007
Messages
2,654
Reaction score
22
Points
423
Agree WM will work better for you also, and also agree you should Rescind and purchase resale.
 

mtribe

newbie
Joined
Aug 7, 2005
Messages
79
Reaction score
0
Points
6
Location
http://www.marci4worldmark.com
Welcome to the club! Worldmark is the best and has changed our lived we LOVE it. I have to agree with most everything else. I won't buy fairfield because we can exchange anywhere we want to go with our existing WM account. I recommend that you go go www.wmowners.com to learn exclusively about worldmark. this site kinda mixes and matches with wyndham. Be active, learn the system, VACATION A LOT, be flexible and please VOTE FOR MARCI www.marci4worldmark.com we need an independent BOD Most of all NEVER NEVER EVER give Wyndham your proxy.
 

mfan

TUG Member
Joined
Jul 28, 2007
Messages
52
Reaction score
0
Points
216
Location
Northern California
Welcome and Congratulations! I'm a WM owner thru resale and have since added more resale credits, twice. I would never buy from the developer, but that's me, I can't stand paying more for something that I could get for so much less. In this case, you do lose some (questionable) "benefits" by buying resale. But, I think if do some reading on wmowners.com, you'll find most of the "benefits" are smoke and mirrors. And, what remains are not worth the premium you pay to the developer. :cool:

Just to give you a point of reference, the resale price of a fully loaded (meaning it has 12,000 points banked from the previous 2 years) premium account with 6,000 annual points is typically $0.60 to $0.70 per annual point.
 

Tokapeba

TUG Member
Joined
Jun 16, 2006
Messages
266
Reaction score
20
Points
378
Location
SF Bay Area
Resorts Owned
Marriott Mountainside, Worldmark, Ridge Tahoe
Rescind Rescind Rescind

Rescind Rescind Rescind​
.
I went to a travelshare presentation at Yellowstone a while back and they didn’t even bother trying to sell me anything after they found out I bought resale and was a member of TUG.

Travelshare isn’t worth 10k and it won’t be worth anything after they cancel it.

Isn’t there a lawsuit against it?

Andy.
 

gmarine

Tug Review Crew: Rookie
TUG Member
Joined
Jun 6, 2005
Messages
4,304
Reaction score
17
Points
423
Rescind and buy resale. WM credits resale have been going for 55-65 cents a credit on EBAY with some even lower. The developer benefits arent even close to be worth it.
 

Icc5

TUG Member
Joined
Jun 6, 2005
Messages
1,884
Reaction score
494
Points
444
Location
Los Altos, California (Northern Ca.)
Best plan for us

Welcome to the club! Worldmark is the best and has changed our lived we LOVE it. I have to agree with most everything else. I won't buy fairfield because we can exchange anywhere we want to go with our existing WM account. I recommend that you go go www.wmowners.com to learn exclusively about worldmark. this site kinda mixes and matches with wyndham. Be active, learn the system, VACATION A LOT, be flexible and please VOTE FOR MARCI www.marci4worldmark.com we need an independent BOD Most of all NEVER NEVER EVER give Wyndham your proxy.
We too agree with everything said so far. We own 3 other timeshare properties bought before discovering Worldmark and now feel as if we have a complete package. I too don't see any use for Travelshare and feel it is just another way for Worldmark to make extra money.
As far as the ease of booking and the units and locations we have been very happy. I also agree you should join the different forums to stay up with everything that goes on.
Bart
 

yumdrey

TUG Review Crew: Veteran
TUG Member
Joined
Jun 30, 2008
Messages
3,029
Reaction score
3
Points
273
Location
Maryland, U.S.A.
Rescind if you can

For what you paid for 6000 credit (to developer), you can buy 15000 - 18000 credit from ebay. There's no difference, and travelshare has no worth for that extra big money.
 

mtribe

newbie
Joined
Aug 7, 2005
Messages
79
Reaction score
0
Points
6
Location
http://www.marci4worldmark.com
Well, I hope we did not all scare you away. Let us know what you decided to do. Did you stay with the club? I hope so because Worldmark is great. Regardless of whether you rescinded or not you can make WM work for you. Our first batch of points was developer and I feel good that I put in my share to help build the club. Come here and to www.wmowners.com often so tht you can really learn how to maximize your account. and last but not least at this important time. PLEASE VOTE in the upcoming elections. Vote independent to remove the conflict of interest on our BOD and NEVER EVER give the developer your proxy. (that would be like allowing a congressman to elect themself) All that said I would also have to ask Please cast BOTH votes for Marci Tribe vote no on the expanded BOD and read about Marci's stances in the link below.

Mike
 

pianodinosaur

TUG Review Crew: Veteran
TUG Member
Joined
Jun 6, 2008
Messages
1,965
Reaction score
239
Points
273
Location
Texas
Resorts Owned
HGVC SeaWorld x 2, HGVC Las Vegas Strip x 2, MVC Mountain Valley Lodge, MVC Legend’s Edge
I have had the pleasure of trading into Worldmark and Fairfiled TSs via RCI and had a great time. There are numerous Worldmark-Wyndham TSs on ebay at this time. There are several in Kauii that you can pick up for under $100. The MFs in Kauii for Worldmark are certainly much less than those for Marriott.
 

mfan

TUG Member
Joined
Jul 28, 2007
Messages
52
Reaction score
0
Points
216
Location
Northern California
I have had the pleasure of trading into Worldmark and Fairfiled TSs via RCI and had a great time. There are numerous Worldmark-Wyndham TSs on ebay at this time. There are several in Kauii that you can pick up for under $100. The MFs in Kauii for Worldmark are certainly much less than those for Marriott.
Just to clarify, Worldmark is purely a points based system. Its owners do not have a "home resort", so all points are equal in terms of usage. However, Wyndham has tried to differentiate the accounts by offering the questionable benefits provided by Travelshare to direct buyers.

The Kauai and other locations you see on eBay listings for Worldmark are there just to satisfy eBay's listing requirement. The timeshare seller must provide a resort, so WM sellers are free to pick anyone they think will attract the most interests.
 

Bill4728

Moderator
Joined
Jun 6, 2005
Messages
10,845
Reaction score
423
Points
869
Location
Lake Tapps, WA
I have had the pleasure of trading into Worldmark and Fairfiled TSs via RCI and had a great time. There are numerous Worldmark-Wyndham TSs on ebay at this time. There are several in Kauii that you can pick up for under $100. The MFs in Kauii for Worldmark are certainly much less than those for Marriott.
To clarify: There are no Worldmark TS selling for $100. ( unless they still have a significant loan on the TS)

The TS in hawaii and other locations which sell for a $100s are Wyndham ( AKA FairField) TS not Worldmark.
 
Top