[WSBARP] Worldmark

[Rich Holland]

I know nothing about any particular impetus that might be causing that now (besides 'looks around' all of this ...) but in my experience from a decade or so ago was that you can almost always pick up World Mark/ Wyndham memberships on e-bay for pennies compared to their purchase price.  The annual fees, cleaning fees etc., if I recall correctly, pretty quickly eat significant amounts of the money you are "saving".  I see it as similar to what is happening with VRBO - the property owner keeps dumping on more and more monetary and non-monetary demands and people stop wanting to pay it.

Check out this article from 2020.

https://www.classaction.org/news/class-action-claims-wyndham-timeshare-owners-repeatedly-lied-to-in-sales-presentations


Thank you,

Rich Holland, WSBA# 23921

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11335 NE 122nd Suite 105
Kirkland, WA 98034
877.785.8734  / 866.982.5080 (fax)



From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of andrew lemmel
Sent: Tuesday, April 16, 2024 8:40 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Worldmark

Hey all, I am nervous for a client that has several world mark properties for the Wyndham points.  They note they are seeing online people selling their points for pennies.  That can't be a good sign, but I could be wrong.  Any real world thoughts out on this server?  Thanks!

Best,

Andrew Lemmel
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