• 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 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 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 $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • 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!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

ThirdHome and Massanutten

Eric B

TUG Member
Joined
Jun 10, 2017
Messages
5,944
Reaction score
5,552
Points
499
Resorts Owned
Vacation Village, Wyndham, WorldMark, Vistana, Vidanta, Flora Farms, HGVC Max, and some independents
I just noticed that someone has established a ThirdHome account with a Regal Vista 4 BR. I'm not sure what they have for a calendar for use there, but the week gets 3-9 keys and the one that was deposited in January 2024 has a modified cost of 4 keys, indicating that ThirdHome believes it's the low season there. The summer is probably their take on the peak and super-peak season, which would get 6 or 9 keys. Happy to provide any info on that independent exchange system if anyone is interested - I've posted a few threads on the subject with other resort systems elsewhere. I've been using ThirdHome to book stays at places like the Ritz-Carlton in St Thomas regularly.

 
Last edited:

escanoe

TUG Review Crew
TUG Member
Joined
Jun 3, 2018
Messages
2,329
Reaction score
1,481
Points
274
Location
Washington, DC
Resorts Owned
HGVC: Flamingo & Anderson Ocean Club
Vacation Village: Woodstone at Massanutten and Grandview (RCI Points) & the Colonies
Knowing very little about ThirdHome (literally everything I know is from your posts), it seems to me 3 to 9 keys for off season is not all that different than 6 to 9 for peak season. Why does the range at the top end not change from off season to peak season.

Based on your experience would a Regal Vistas property be an efficient/good trader in ThirdHome?

**********************

My thinking to this point is that if I ever owned at Regal Vistas, I would 100% want my ownership to be enrolled in RCI Points (unless my plan was to always use or rent the week).

However, I think there is a pretty good chance that to trade in ThirdHome the ownership must NOT be enrolled in RCI Points. Massanutten will not verify a reservation to any kind of external party if it is enrolled in RCI Points (I tried this playing around with a Woodstone unit in SFX, and it was a hard no.) Their policy is to always refer the party to RCI, and RCI will absolutely NOT do it and facilitate an owner trading somewhere else.
 

Eric B

TUG Member
Joined
Jun 10, 2017
Messages
5,944
Reaction score
5,552
Points
499
Resorts Owned
Vacation Village, Wyndham, WorldMark, Vistana, Vidanta, Flora Farms, HGVC Max, and some independents
Knowing very little about ThirdHome (literally everything I know is from your posts), it seems to me 3 to 9 keys for off season is not all that different than 6 to 9 for peak season. Why does the range at the top end not change from off season to peak season.
The way keys are allocated is by a base key amount, which for a 4BR Regal Vista is 3, multiplied by 1-4 based on the seasonality. For non-peak weeks, the multiplier is 1; peak weeks it is 2; and super peak weeks it is 3. There are some locations that get 4 (IIRC in Hawaii), but none of the ones I use with ThirdHome. You can also name your own price, which this person did, up to 50% higher than the standard rate. Because January at Massanutten is non-peak it would normally be 3 keys, but the owner set it at 4 keys - the down side of doing that is you don't get the keys unless and until someone books the week, which might be never.

Based on your experience would a Regal Vistas property be an efficient/good trader in ThirdHome?
My measure of trading power in ThirdHome is how much it costs me in maintenance fees per key. I don't recall what Regal Vista costs in maintenance fees as I don't own there, but if it were $1,500 (which seems reasonable compared to a 4 BR Woodstone), it would be $1,500 / 9 or $167 per key, assuming that it's a super peak week. That's really pretty decent and about what I get for my better weeks elsewhere. On the other hand, this week would ordinarily run at three times the cost or $500 per key, which isn't great - at 4 keys it would be better, of course - $375 per key, but would run the risk of not getting any.

ThirdHome does periodically reevaluate the keys assigned to a resort based on reviews by members and on how often it gets booked. I had been using a Sheraton Vistana Villages week with them, originally getting a 2 key base with a super peak multiplier resulting in 6 keys for maintenance fees ~$1200, IIRC, but they reduced the base to 1 key, which changed the cost per key from $200 to $400 so I'm not using that one with them any more. I could see that happening with Regal Vista because of the multiple other ways of getting there, though it's about the only one in ThirdHome right now. Bottom line is that if I owned a week 26 or 27 Regal Vista, I'd use it with ThirdHome but wouldn't count on continued viability.

The other way it could work out better would be if you owned there and also in one of the mini-systems like WorldMark that will allow you to exchange in external weeks. Doing that in WorldMark winds up adding steps to the process, but can give more flexibility in what you can deposit in ThirdHome in order to avoid the issues with changes in valuation.

My thinking to this point is that if I ever owned at Regal Vistas, I would 100% want my ownership to be enrolled in RCI Points (unless my plan was to always use or rent the week).

However, I think there is a pretty good chance that to trade in ThirdHome the ownership must NOT be enrolled in RCI Points. Massanutten will not verify a reservation to any kind of external party if it is enrolled in RCI Points (I tried this playing around with a Woodstone unity SFX, and it was a hard no.) Their policy is to always refer the party to RCI, and RCI will absolutely NOT do it and facilitate an owner trading somewhere else.
ThirdHome verifies reservation just by the confirmation email, not by contacting the resort. I have heard from other folks with units in RCI points that they've been able to deposit their weeks with ThirdHome. It wasn't at Massanutten, but at a different resort that also doesn't verify reservations made through RCI.
 

escanoe

TUG Review Crew
TUG Member
Joined
Jun 3, 2018
Messages
2,329
Reaction score
1,481
Points
274
Location
Washington, DC
Resorts Owned
HGVC: Flamingo & Anderson Ocean Club
Vacation Village: Woodstone at Massanutten and Grandview (RCI Points) & the Colonies
ThirdHome verifies reservation just by the confirmation email, not by contacting the resort. I have heard from other folks with units in RCI points that they've been able to deposit their weeks with ThirdHome. It wasn't at Massanutten, but at a different resort that also doesn't verify reservations made through RCI.

Be interesting to know. If they do not verify, it could work. The problem is an RCI Points booking of a home week is indistinguishable from an exchange on paper.

Grandview units enrolled in RCI Points can be traded in SFX because the management company will verify it. Massanutten units enrolled in RCI points cannot be, because Massanutten will not verify.
 

iftravel

TUG Member
Joined
Mar 29, 2024
Messages
134
Reaction score
23
Points
68
Resorts Owned
DVC - Hilton Head
I just noticed that someone has established a ThirdHome account with a Regal Vista 4 BR. I'm not sure what they have for a calendar for use there, but the week gets 3-9 keys and the one that was deposited in January 2024 has a modified cost of 4 keys, indicating that ThirdHome believes it's the low season there. The summer is probably their take on the peak and super-peak season, which would get 6 or 9 keys. Happy to provide any info on that independent exchange system if anyone is interested - I've posted a few threads on the subject with other resort systems elsewhere. I've been using ThirdHome to book stays at places like the Ritz-Carlton in St Thomas regularly.

Hi Eric, I am also interested in knowing a bit more about THIRDHOME. When I get VVW I will probably try it as it's already set up there. It will get 4 keys max for $1000 maintenance fees. Is the enrollment painless? They used to have an activation fee or something. Is it now just the annual fee of $295?

 
Top