Wyndham Reservation fee

[Wudce]

Hello all.
I have yet to get a TS but I have been looking and been doing alot of reading here and there. One thing I seen in looking at a Wyndham TS for sell is they charge $129 reservation fee If so then you can just add this along with the MF for the year or dose this change from place to place.

 

[mshatty]

Hello all.
I have yet to get a TS but I have been looking and been doing alot of reading here and there. One thing I seen in looking at a Wyndham TS for sell is they charge $129 reservation fee If so then you can just add this along with the MF for the year or dose this change from place to place.

You are mistaken in your statement. The $129 fee relates to a guest certificate if you book a reservation via phone with Wyndham and you don't have any free guest certificate credits left.

You get a "Reservation Transaction" credit for each 77k points you own. Once you use those up, the cost for a reservation is $30 if booked via their website or $59 if booked via phone.

 

[Wudce]

Thanks now that you clear that up and I went back and re read the listing I understand it now. So the reservation fee only applys if one dose not have any guest certificate credits. I'm still not clear on the Reservation Transaction" credit for each 77k points you own part, the place I'm looking at comes with 154k's. Thanks for the help.

 

[Jya-Ning]

Thanks now that you clear that up and I went back and re read the listing I understand it now. So the reservation fee only applys if one dose not have any guest certificate credits. I'm still not clear on the Reservation Transaction" credit for each 77k points you own part, the place I'm looking at comes with 154k's. Thanks for the help.

Reservation is everything you will do that will use your point. Guest Certification is if you make a reservation and give that to another person. Reservation fee will apply if you no longer have any free reservation credit nothing todo with GC. GC only happen if you assigned your unit to other people everytime, and one FSP account will get 1 free one, if you use it, and need to assign another reservaion to another person, you will than need to pay that.

154k will give you 2 transaction credit. Everything done in one day is consider one transcation. So you can call to make 2 reservations at Jan and Sept and use all your transaction credit, or make 3 reservation at Oct 3, than deposit all your point to RCI at the same day, and still has 1 transaction credit left. Which you can use if you decide to cancel one of your transaction at Oct 18 (cancel does not count into transaction), and make another one at Nov 1.

Jya-Ning

 

[dmbrand]

I am not sure if the original poster is referring to the same type of ebay listing I have recently seen, but it looks like a seller is stating that in order for a purchaser of a biennial points contract to use the unit for 2009, a guest certificate must be purchased. Take a look at this ad for a Wisconsin resort for 154,000 points.(I am mildly interested in this, but not if I have to pay a GC fee for first year use.)

http://cgi.ebay.com/Wyndham-154K-PO...39:1|66:2|65:10|240:1318&_trksid=p3286.c0.m14

What would be the reasoning for this? DawnB

 

[mshatty]

I am not sure if the original poster is referring to the same type of ebay listing I have recently seen, but it looks like a seller is stating that in order for a purchaser of a biennial points contract to use the unit for 2009, a guest certificate must be purchased. Take a look at this ad for a Wisconsin resort for 154,000 points.(I am mildly interested in this, but not if I have to pay a GC fee for first year use.)

http://cgi.ebay.com/Wyndham-154K-PO...39:1|66:2|65:10|240:1318&_trksid=p3286.c0.m14

What would be the reasoning for this? DawnB

I looked at the ad and didn't see what you are talking about. As part of the closing costs, a $125 fee is collected to pay fees to Wyndham for transferring the ownership ($100) and for an estoppel letter ($25). Is that what you are referring to?

____________

ETA:

I went back and see what you are speaking of. What the seller is doing is offering to make a reservation for you (before ownership is transferred to you) if you buy this contract. Because the closing and transfer can take from 4 to 6 months, if you wanted a reservation the current owner would make it for you. Since the current owner would have to pay a $129 guest certificate fee, he/she would want you to pay this. If you don't have the current owner make a reservation for you and you wait until the membership is in your name, there would be no charge for a guest certificate because you as the owner would be making a reservation for yourself.

 

[Jya-Ning]

What would be the reasoning for this? DawnB

JMHO, The seller already used his/her allocated GC, or it is much save to state it is needed. For 2009, after transfer, it maybe already in March time frame. In theory, you should be able to transfer the reservation out also. But not doing resale, so I am not sure how much Wyndham is charging on that one.

Jya-Ning

 

[dmbrand]

Thanks for both of your comments. I did search the seller's other Wyndham properties offered for sale; the same fee is listed for each one(annual and biennial). Hmm, I guess I will watch to see if any other seller puts this in their listing. DawnB

 

[Wudce]

I think what Mike is saying is what there saying. Here the one I was looking at.

http://cgi.ebay.com/FAIRFIELD-POINT...39:1|66:2|65:12|240:1309&_trksid=p3286.c0.m14