WORLDMARK INFORMATION and ADVICE ARTICLES

[barto]

WorldMark Inventory

Total number of rooms by unit size at each resort

https://www.worldmarktheclub.com/education/pdfs/WorldMark_Unit_Breakdown.pdf

Link now goes to the general member info page… anyone know of an updated link?
Thanks!

 

[DaveNV]

Link now goes to the general member info page… anyone know of an updated link?
Thanks!

I just looked. Doesn't seem to be there, ever since they "fixed" the website.

Is there something specific you wanted to know?

Dave

 

[CO skier]

Link now goes to the general member info page… anyone know of an updated link?
Thanks!

Try this link:

https://worldmark.wyndhamdestinations.com/content/dam/wyndham/wyndham-vacation-clubs/worldmark/owner-guide/understanding-your-club/governing-documents/documents/031722-worldMark-unit-breakdown.pdf

 

[alwysonvac]

Link now goes to the general member info page… anyone know of an updated link?
Thanks!

I saved a copy. See pdf attachment

 

[barto]

Try this link:

https://worldmark.wyndhamdestinations.com/content/dam/wyndham/wyndham-vacation-clubs/worldmark/owner-guide/understanding-your-club/governing-documents/documents/031722-worldMark-unit-breakdown.pdf

Perfect… and so quick to get three responses!
Hoping to join the WM world soon, was curious about Victoria and Canmore in particular, so now I’m good - thanks all!

 

[rocksteadyserg]

Any idea if there is a unit break down for Club Wyndham?


Sent from my iPhone using Tapatalk

 

[zygetsu]

Updated fees as of 01/01/2023

 

[kozykritter]

Their II fees are years out of date which makes sense since they are so RCI linked. Membership now $99, full week exchange $229, guest certificate $79. Full fee info on attached PDF.

 

[Jeddy]

Sharing information.
Outside of straight 'points' bookings for timeshares (i.e., bonus time and such),
there are a variety of other fees & taxes that get tacked on as a result of actual cash changing hands during the transaction.
I attach a Worldmark .PDF file of the fees (imposed by local governments) .in various jurisdictions.
It is specifically for Worldmark resorts (i.e., the info is organized by resort name).
But table may be useful for other timeshare systems that have resorts in the same geographies.

 

[dioxide45]

Does anyone have the chart for 2024 annual maintenance dues? Also, just so I understand, looking at the 2023 chart it says for Credits from 10,001-12,500 the dues are 1,275.16. Does that mean you pay the same annual dues if you own 10,001 or even 12,500? It would seem that buying a package of 12,000 credits would be more beneficial than buying one at say 11,000. Also, do the dues get cheaper per credit the higher on the scale you go? Is there some sweet spot where the dues per credit are the lowest?

 

[VacationForever]

Does anyone have the chart for 2024 annual maintenance dues? Also, just so I understand, looking at the 2023 chart it says for Credits from 10,001-12,500 the dues are 1,275.16. Does that mean you pay the same annual dues if you own 10,001 or even 12,500? It would seem that buying a package of 12,000 credits would be more beneficial than buying one at say 11,000. Also, do the dues get cheaper per credit the higher on the scale you go? Is there some sweet spot where the dues per credit are the lowest?

Yes, you always want to own the top end of each range as you pay the same MF. It gets cheaper per credit the higher end as you go. If you are just testing out, 10K contract is the sweet spot as you get 1 housekeeping token and it is enough to book a 2BR for a week at most places.

 

[Eric B]

you always want to own the top end of each range

... for a second there I thought you were commenting on @dioxide45 's taste in timeshares....

Here's the 2024 dues schedule.

 

[Eric B]

Also, here's a link to the 2024-2025 directory.

https://worldmark.wyndhamdestinatio...tory/2024-2025-worldmark-resort-directory.pdf

@TUGBrian - might be worth updating the first page of this thread.

 

[kozykritter]

Does anyone have the chart for 2024 annual maintenance dues? Also, just so I understand, looking at the 2023 chart it says for Credits from 10,001-12,500 the dues are 1,275.16. Does that mean you pay the same annual dues if you own 10,001 or even 12,500? It would seem that buying a package of 12,000 credits would be more beneficial than buying one at say 11,000. Also, do the dues get cheaper per credit the higher on the scale you go? Is there some sweet spot where the dues per credit are the lowest?

The dues are assessed per contract, not by the total that you own.There is a fixed program fee baked into the MFs for each contract, about $283 this year by my math. That means as you get to the bigger credit contracts, that fixed cost is averaged out over more credits and therefore the total cost per credit is less the higher you go (the biggest bargains being the contracts at the top of each range as someone already stated). The program fee is theoretically meant to cover the housekeeping token(s) and guest certificate issued for the contract(s) as well as the operating of the booking system. This is why there is a debate about combining contracts because you avoid multiple program fees but in some cases you get fewer housekeeping tokens and guest certificates than if you had kept the contracts separate.

 

[dioxide45]

What does the monthly impact column mean?

 

[kozykritter]

What does the monthly impact column mean?

I'm pretty sure that refers to the increase over last year. Also this year we've had two special assessments to cover extraordinary costs in the program, the cost of which adds $67 per 10K credits to what you see on the chart.

 

[Mongoose]

This is why there is a debate about combining contracts because you avoid multiple program fees but in some cases you get fewer housekeeping tokens and guest certificates than if you had kept the contract separate.

Good point. I'm still up in the air if I need more. Hard to beat OTU. If I buy 6,000 to add to my 14,000 I save $480 by combining. That’s pretty compelling.

 

[TUGBrian]

Also, here's a link to the 2024-2025 directory.

https://worldmark.wyndhamdestinatio...tory/2024-2025-worldmark-resort-directory.pdf

@TUGBrian - might be worth updating the first page of this thread.

added to first post, ty!

 

[Huskerpaul]

The dues are assessed per contract, not by the total that you own.There is a fixed program fee baked into the MFs for each contract, about $283 this year by my math. That means as you get to the bigger credit contracts, that fixed cost is averaged out over more credits and therefore the total cost per credit is less the higher you go (the biggest bargains being the contracts at the top of each range as someone already stated). The program fee is theoretically meant to cover the housekeeping token(s) and guest certificate issued for the contract(s) as well as the operating of the booking system. This is why there is a debate about combining contracts because you avoid multiple program fees but in some cases you get fewer housekeeping tokens and guest certificates than if you had kept the contracts separate.

I just finished combining my 10k contract into my first 20k contract. I keep the same total HK and GC as before. When buying I looked for contracts in multiples of 10k. I was not really using having two different contracts to full advantage like having more wait lists and making overlaping reservations, so I decided to save the second club fee.

 

[ncaahockeyfan]

Guest Certificates are issued one for each 10K or a portion there of. These are non-refundable unlike the HKT or credits.

Each ownership gets a number of GCs on account anniversary as follows:

5K-10K gets 1GC
11K-20K gets 2GCs
etc...

Else it is $99 for each GC

Is this still the current status for included GC based on number of credits owned?

Are HKT also still included based on 10k ownership increments and are they also eligible to be banked, like credits, for up to one year?

 

[samara64]

Is this still the current status for included GC based on number of credits owned?

Are HKT also still included based on 10k ownership increments and are they also eligible to be banked, like credits, for up to one year?

Yes. same info

 

[rickandcindy23]

Thinking of acquiring a small number of WorldMark points to have more HK credits. Really, I want to go from 46,000 to 60,000 for two extra HK and Guest Certificate credis.

I am reading ads on ebay by Tochoa, and he wants reimbursement of MF's but 3/1/2024 credits are probably not going to be worth the MF reimbursement because those are probably expiring 2/28/2025, making it a trick to use those. He says they are good until 2/28/2026. I just am not sure whether that's true or not.

I logged into WorldMark and could find no information as to how long credits are good for, and I use them every year, so I have never had to "bank" them. But is that because there is no banking process? I generally use these points way ahead. This year alone, Rick and I have used our entire allotment of credits between Anaheim, Yellowstone and Estes Park. I used 2025 credits for all of it.

Tochoa25 is also requiring huge closing fees on top of the reimbursement of MF's. The membership fee is all it costs, is my understanding. That's money in his pocket. Not sure I want to go through him for this purchase.

1. How much time do I have to use credits? 3/1/2024 credits expire when?

2. Is there a banking process for saving credits from last year to 2025 use year?

 

[Huskerpaul]

Thinking of acquiring a small number of WorldMark points to have more HK credits. Really, I want to go from 46,000 to 60,000 for two extra HK and Guest Certificate credis.

I am reading ads on ebay by Tochoa, and he wants reimbursement of MF's but 3/1/2024 credits are probably not going to be worth the MF reimbursement because those are probably expiring 2/28/2025, making it a trick to use those. He says they are good until 2/28/2026. I just am not sure whether that's true or not.

I logged into WorldMark and could find no information as to how long credits are good for, and I use them every year, so I have never had to "bank" them. But is that because there is no banking process? I generally use these points way ahead. This year alone, Rick and I have used our entire allotment of credits between Anaheim, Yellowstone and Estes Park. I used 2025 credits for all of it.

Tochoa25 is also requiring huge closing fees on top of the reimbursement of MF's. The membership fee is all it costs, is my understanding. That's money in his pocket. Not sure I want to go through him for this purchase.

1. How much time do I have to use credits? 3/1/2024 credits expire when?

2. Is there a banking process for saving credits from last year to 2025 use year?

Check wmowners.com I see many posts of owners wanting to sell. Also, you can rent in up to 2x the number of points you own. You don't really need to add more credits to your exisiting contract. People renting One Time Use (OTU) wm credits all the time on that site. The savings from renting vs owning and paying full fees will pay for the HK you use

 

[sue1947]

Thinking of acquiring a small number of WorldMark points to have more HK credits. Really, I want to go from 46,000 to 60,000 for two extra HK and Guest Certificate credis.

I am reading ads on ebay by Tochoa, and he wants reimbursement of MF's but 3/1/2024 credits are probably not going to be worth the MF reimbursement because those are probably expiring 2/28/2025, making it a trick to use those. He says they are good until 2/28/2026. I just am not sure whether that's true or not.

I logged into WorldMark and could find no information as to how long credits are good for, and I use them every year, so I have never had to "bank" them. But is that because there is no banking process? I generally use these points way ahead. This year alone, Rick and I have used our entire allotment of credits between Anaheim, Yellowstone and Estes Park. I used 2025 credits for all of it.

Tochoa25 is also requiring huge closing fees on top of the reimbursement of MF's. The membership fee is all it costs, is my understanding. That's money in his pocket. Not sure I want to go through him for this purchase.

1. How much time do I have to use credits? 3/1/2024 credits expire when?

2. Is there a banking process for saving credits from last year to 2025 use year?

the 'banking' process is to simply put them in a reservation. Credits that expire 2/28/25 can be held in a reservation for another year. You use those credits for a reservation that ends before 2/28/26. If you want to change that reservation, call in and have it done while you are on the phone. There is a credit shuffle program to move the oldest credits into the most recent reservation. As a result, if you have a bunch of reservations, those credits will move around. That credit shuffle doesn't really run all the time, but the program that eliminates expired credits does. So if you cancel and rebook something yourself, make sure it is all done at the same time and check the remaining credit expirations to make sure you got everything. I've lost credits this way and find it is safer to call in and have them do it. The shuffle program now seems to be instantaneous whenever a reservation change is made making it more difficult to track what credits are where.

 

[geist1223]

In the Worldmark System Credits/Points and House Keeping Tokens are good for about 25 months. For example Credits/Points/HKT deposited on August 1, 2024 are good until August 31, 2026. You do not need to do anything it is automatic. Then because you can Book 13 months in advance on August 31, 2026 you can make a Reservation starting September 30, 2027. You can also borrow Credits/Points/HKT 1 year in advance. Again for no fee. Guest Certificates issued on August 1, 2024 expire on August 31, 2025. That means they have to be assigned to a Booking by August 31, 2025. Can not borrow Guest Certificates in advance. There is nothing you can do to extend Guest Certificates. Use or lose.

So dealing with the dates in your Posting Credits/Points/HKT deposited into the Member's Account on March 1, 2024 are good until March 31, 2026. The the Booking can start April 30, 2027.

Checkout Accounts For Sale on www.wmowners.com. Some as low as 10 to 15 cents per Credit/Point that do not require reimbursement of any MF only the $299 or is it now $399 to Wyndumb to transfer ownership.

Guest Certificates are 1 per 10,000 Credits/Points or part there of. So with 46,000 Credits/Points you are getting 4 HKT but 5 Guest Certificates. So with 60,000 Credits/Points you would get 6 HCT but only 1 more Guest Certificate for 6.