TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. 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 25 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG has now saved timeshare owners more than $11,000,000 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 $11Million dollars
    Dismiss Notice
  4. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  5. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  6. 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
    Dismiss Notice
  7. 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
    Dismiss Notice
  8. TUG has now joined Priceline.com as an affiliate!

    Members and guests who book air travel, rental cars and even Cruise Vacations thru TUG's priceline links will now support TUG in the process!

    Read more here
  9. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Newbie... researching resale- leaning Marriott or Wyndham, which is best or some of both?

Discussion in 'New to Timesharing? Look Here!' started by Stubbs J, Mar 8, 2019.

?

Marriot or Wyndham?

  1. Marriott

    4 vote(s)
    57.1%
  2. Wyndham

    1 vote(s)
    14.3%
  3. Other

    1 vote(s)
    14.3%
  4. Both

    1 vote(s)
    14.3%
  1. Stubbs J

    Stubbs J Guest

    Joined:
    Mar 6, 2019
    Messages:
    2
    Likes Received:
    1
    Trophy Points:
    3
    1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?

    We are located in PA so we prefer beaches closer (NJ, SC, etc) with FL as an option in case we decide to go further, however we’d like to expand our options west as our kiddos get older (4 and 6 right now )

    2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?

    Flexible, we’d like a consistent place for a week and an additional week we switch out destinations and time of year.

    3) What are your 5 top trade destinations?
    Europe
    Caribbean
    Hawaii
    California
    Florida


    4) How many people do you usually travel with?
    Minimum of 4 (2 adults; 2 children)
    Maximum of 10

    5) Can you travel any time, or are you locked into the school schedule?
    Mostly school schedule but open to off season or taking time off during school. Would love an option to book for a few nights on whim during weekends

    6) Can you make firm plans 12 or more mos. in advance?
    Yes

    7) Can you vacation for a full week at a time?
    Yes

    8) What level of accommodations do you prefer on a scale of 1 to 5 stars?

    Between 3-5 but prefer higher quality

    9) How much can you afford to spend upfront, without financing?

    Maximum of 5,000

    10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, andincrease each year?
    Maximum of 4000

    11) Are you a detail oriented planner?
    Yes

    12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?

    Yes
     
    TUGBrian likes this.
  2. RNCollins

    RNCollins TUG Lifetime Member

    Joined:
    Jan 2, 2016
    Messages:
    807
    Likes Received:
    270
    Trophy Points:
    224
    Location:
    Hudson Valley, NY
    Resorts Owned:
    Tradewinds, Divi, Quarter House
    Hi Stubbs J,

    Welcome to TUG!

    I am not an owner in either Wyndham or Marriott but I will try to give you some guidance.

    Wyndham uses the exchange company RCI. Marriott uses the exchange company Interval International. RCI has more resorts but Interval generally has better quality resorts. You could look at each exchange company and see which resorts participates in their program. That can give you an idea of what might be listed. Timeshares that are deposited by other owners who are trading will be available for exchange. So what you see in the resort directory may not be available for exchange.

    RCI Directory:
    https://www.rci.com/resort-director...sorts_and_Offers&track3=Text:Resort_Directory

    Interval Directory:
    https://www.intervalworld.com/web/cs?a=1500

    I think Marriott allows you to rent fewer than 7 days. A Marriott owner would be able to tell you. RCI Points lets you stay less than 7 days.

    Hopefully others will chime in with more advice.
     
    Stubbs J and TUGBrian like this.
  3. Goodflower76

    Goodflower76 Guest

    Joined:
    Feb 27, 2019
    Messages:
    6
    Likes Received:
    3
    Trophy Points:
    3
    I can only speak as a Wyndham owner.

    With your $4k max maintenance fee limit, you can purchase a decent amount of points to use. MF dues are due monthly. Their points system allows you to book between 2-14 nights at a time and the points you use will depend on time of year and what type of unit. Some resorts have minimum stay requirements. You can book trips "last minute" but could lose those points if you don't cancel within 15 days of your check-in date. If you buy resale, you will not be able to book at ALL the Wyndham vacation destinations- but there are still a lot of options!
     
    Last edited: Mar 14, 2019 at 11:04 AM
    Stubbs J, TUGBrian and louisianab like this.
  4. Sandy VDH

    Sandy VDH TUG Review Crew: Elite TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    6,414
    Likes Received:
    1,029
    Trophy Points:
    448
    Location:
    Houston, TX
    Resorts Owned:
    Wynd VIP Plat, HGVC Elite, HICV, + few others
    Wyndham is very flexible, in a lot of places, and can be acquired fairly cheaply. Points acquired via resale as still points with no restriction other than they don't count towards VIP status levels.

    Marriott for resale purchase will likely be more $$ up front, and might be a bit more limiting, but wil still (for now and for a while) trade to other Marriotts utilizing II, in weekly increments. I do not know how DC points transfer, but I thought they do not. Others with more inside knowledge of Marriott will had to add comments.
     
    Stubbs J and TUGBrian like this.
  5. louisianab

    louisianab TUG Member

    Joined:
    Jun 12, 2014
    Messages:
    29
    Likes Received:
    12
    Trophy Points:
    63
    Location:
    Michigan
    Resorts Owned:
    Wyndham
    I'm an all Wyndham "resale" owner (I didn't really buy any, but acquired via the giveaway sections on this board or similar). I don't feel my resorts are limited at all. I have 350k points across several resorts and am well under your yearly MF limit. We generally book for a family of four, but this year are taking a full family vacation of 11+ people across two rentals. I plan about 12-18 months ahead of time for all vacations so that I am ready to book when the season opens. I have also used RCI weeks and extra vacations to extend our points (Disney was a substantial savings for a 1BR for 7 nights - but I had to deposit points that I couldn't use for anything else).

    TUG is SUCH a great resource, you will not regret doing all of your due diligence prior to making your decision.
     
    Stubbs J and TUGBrian like this.
  6. SabresFan

    SabresFan TUG Member

    Joined:
    Aug 10, 2011
    Messages:
    33
    Likes Received:
    9
    Trophy Points:
    118
    Location:
    Buffalo, NY
    I own at DVC, and would love to buy more there, but both developer and resale prices are too rich for my blood. So I've been looking around at the other chains. Generally, I think Marriott will cost more for initial purchase, and for maintenance fees than Wyndham. It does look like it is possible to buy MVC Destination points and get them transferred to you, but it is quite expensive. Marriott will charge you $750 for each 250 point chunk, so if you buy 1000 points that fee alone is $3000. Plus there are a couple of other fees you get hit with if it's your first purchase of Marriott points. So for me, Marriott is not really a serious consideration, but that is only because of price, not because there is anything wrong with Marriott.

    But based on the ratings here on TUG and on Trip Advisor, I'd say Marriott and Westin both get higher overall ratings than Wyndham, although Wyndham doesn't stink. It also depends on the exact resort - in one town where both chains are present the Marriott unit might be rated higher, while in a different town the Wyndham property might be rated higher. So you should also look at the exact places you want to travel to, and compare both the number of resorts and their average ratings.

    One way I have been doing my market research is I am keeping a spreadsheet of sold listings on eBay. Here are the column headings:
    Chain (Marriott, Wyndham, Hilton, Worldmark, etc)
    Resort
    City
    State
    Points or room type (2 BR, or 1 BR, or 2 BR lockoff, etc)
    End Date
    Seller
    eBay Item Number
    Final Bid price
    Winning Bid
    MF Due at Close
    Closing Cost
    Transfer Fee
    Any other Fees
    Total Amount to be Paid (both paid to seller and the chain) = sum of the above
    Annual Maintenance Fees
    MF per 1,000 points
    Total Due / Number of Points
    Trading Company (usually II or RCI)
    ROFR Required
    Use Year (the month your year starts in for Points, or Platinum vs Gold vs Silver for floating weeks)
    Years (annual or even or odd)
    If not Points, the weeks that can be booked

    After about six weeks of this I now have 244 lines of sold listings in my spreadsheet. Of course some of these fall through, so maybe 2/3 only go all the way to completion. But it does give you an idea of what the market is doing, and when you are getting a great deal versus average or poor. You also get an idea of how easily you can let this one go and find something else just as good if the bidding gets out of hand on this one. You can also start spotting inefficiencies in the market, like some resorts are very popular to buy and others are not. Or if you buy 3 Wyndham contracts of 100,000 points each, you end up paying 3 transfer fees of $299 each, while if you buy one contract of 300,000 points you only pay that $299 transfer fee once.

    I basically look at timesharing as an arbitrage opportunity. You want to buy a timeshare cheap with cheap maintenance fees and then trade it for something that would have been expensive if you bought it yourself. And if you can't trade it, then use it for a vacation that is cheaper than paying rentals (which you can do because you bought it cheap with cheap maintenance fees).

    Here are two very similar closed sales a day apart, with very different total amounts due at closing:

    Wyndham Club Access Points Varies Varies 1,282,000 3/13/2019 seans0302 - 192848805034 - $3,950.00 - $0.00 - $0.00 - $0.00 - $3,950.00 - $6,944.28 - $5.42 - 0.0031 - RCI No January Annual Points
    Wyndham Club Access Points Varies Varies 1,203,000 3/14/2019 cybernaut303 - 372621454942 $- 1.00 - $6,088.00 - $425.00 - $299.00 - $6,813.00 - $6,088.00 - $5.06 - 0.0057 - RCI No January Annual Points
     
  7. Stubbs J

    Stubbs J Guest

    Joined:
    Mar 6, 2019
    Messages:
    2
    Likes Received:
    1
    Trophy Points:
    3
    Thanks for all the great advice. I’m still digging around and checking eBay and the boards. Also looking at renting this summer from here or eBay at one or both of our preferred resorts and area (mainly looking myrtle beach-Virginia beach areas as they are popular destinations and closer to PA than the Florida ones).

    Something else I should have mentioned which may or may not be a factor. Maybe some tuggers have experiences similar. My husband travels a lot for work and earns decent rewards with marriot as that’s what he’s been using for almost eleven years of traveling for work. So he has a high status with the marriot points and also just upgraded his marriot card to the bonvoy to get the 100,000 bonus points. This is another reason we are considering marriot as we might e able to extend vacations using points earned on marriot rewards and using his marriot card to buy and book things at the hotels and resorts. I’m not sure how much impact or carry over that has and I know Wyndham has similar systems in place that we could switch him over to if needed. Any input from anyone on this would also be appreciated!

    So glad I found tug and didn’t buy the developer prices at our recent presentations in Florida .

    Thanks tugs!
     

Share This Page