Worldmark Question - Timeshare Users Group Bulletin Boards

Timeshare Users Group Bulletin Boards

All Point System Discussions

Worldmark Question

BBS Home > All Point System Discussions

next newest topic | next oldest topic

Author	Topic: Worldmark Question
jgeorge1 TUG Member Posts: 21 From: pittsfield,ma USA Registered: Dec 2002	posted 02-18-2005 11:52 I am currently not a Worldmark owner but considering it. My wife indicated that she would like to go to Steamboat Springs next year during Presidents week. I have 4 kids so I would need a two bedroom. My question is If I were to start the process of purchasing WM points today what are my chances of being able to reserve a unit for next year? I am assuming it will take about two weeks for the sale to be complete. I would be willing to go through RCI or II if necessary. Is it too late to reserve a unit in the WM at Steamboat? Thanks. John G. IP: Logged
beaverted TUG Member Posts: 160 From: Tigard, OR. owner: Eagle Crest, Worldmark, Maui Beach Vacation Club Registered: Jun 2001	posted 02-18-2005 12:37 Why don't you have the current owner you are buying from make the reservation for you now. Reservations can be made 13 months in advance and we are exactly 12 months from President's week now, so there wasn't a big rush to reserve those units at the maximum 13 month window. I just checked and there are 5+ units available for President's week next year. Also, the waitlist works pretty good if there aren't any weeks available when you can make the reservation yourself. IP: Logged
Hatrack79 TUG Member Posts: 1804 From: Denver, CO Registered: Oct 2001	posted 02-18-2005 13:48 are you sure, BeaverTed? That sounded fairly odd that PresDay 2006 would still be available at 12months out. You can still get a 1br/sleeps 4....but not the 2br or the 3br. IP: Logged
jgeorge1 TUG Member Posts: 21 From: pittsfield,ma USA Registered: Dec 2002	posted 02-18-2005 15:27 You're right all that is available is 1 bedrooms. Next question. How reliable is the wait list? What do you think my chances are 10% 20% 30%... Thanks. IP: Logged
Hatrack79 TUG Member Posts: 1804 From: Denver, CO Registered: Oct 2001	posted 02-18-2005 15:43 all I've ever heard WM agents say is that "about 30% of WM reservations end up getting cancelled; owners change their minds"....so I'd guess you have (on average) 30% chance of picking up a week or your choice. What I've wondered is, is that percentage any different for prime holiday weeks. I.e. do folks booking Christmas 13 months out tend to keep those reservations more than 70% average? Hat IP: Logged
BocaBum99 TUG Member Posts: 1474 From: Registered: Jul 2004	posted 02-18-2005 16:56 I would just book 2 1-br units for now and then get on the waitlist for a 2-br. IP: Logged
richkat TUG Member Posts: 164 From: Registered: Feb 2004	posted 02-19-2005 00:02 Currently, Worldmark owns 34 units at the Steamboat resort. 20 1 bedrooms, 1 3 bedroom and 13 2 bedrooms. You can get on the wait list(thru Worldmark) and at the same time consider an exchange thru RCI or II. You do not need to put up any credits while you are on the wait list (unless they call you with an availability). You can also do a search for an exchange without first making a deposit. Worldmark has wonderful trading power, Plus, an exchange uses fewer Worldmark credits. IP: Logged
Hatrack79 TUG Member Posts: 1804 From: Denver, CO Registered: Oct 2001	posted 02-19-2005 07:47 quote: Originally posted by BocaBum99: I would just book 2 1-br units for now and then get on the waitlist for a 2-br. Great idea BBummer, but you're talking about 16k credits instead of 10k! IP: Logged
Hatrack79 TUG Member Posts: 1804 From: Denver, CO Registered: Oct 2001	posted 02-19-2005 07:55 quote: Originally posted by richkat: ... Plus, an exchange uses fewer Worldmark credits. How so? YOu'd be charged 10k WM Credits for exchanging for a 2br/red in CO. You'd actually be charged 9k WM Credits for exchagning 1br/red in RCI/II (when you can reserve your own WM 1br for 8k....actually a disadvantage to WM owners). The only time it's fewer credits....inside 45/59 days the last minute deals are 4k credits (don't expect to get prime ski weeks on this inventory). Or conceivably, some of our 11k/12k locations (ie.mexico/hawaii/las vegas)...you could get for a 10k exchange plus $149 fee versus 11/12k. Hat IP: Logged
beaverted TUG Member Posts: 160 From: Tigard, OR. owner: Eagle Crest, Worldmark, Maui Beach Vacation Club Registered: Jun 2001	posted 02-19-2005 08:10 Well....maybe it was an IRIS glitch because there were 5+ units when I checked. You're right, they're not there now. quote: Originally posted by Hatrack79: are you sure, BeaverTed? That sounded fairly odd that PresDay 2006 would still be available at 12months out. You can still get a 1br/sleeps 4....but not the 2br or the 3br. IP: Logged
FLYNZ4 TUG Member Posts: 172 From: Portland OR Registered: Apr 2003	posted 02-20-2005 00:32 quote: Originally posted by Hatrack79: all I've ever heard WM agents say is that "about 30% of WM reservations end up getting cancelled; owners change their minds"....so I'd guess you have (on average) 30% chance of picking up a week or your choice. HatRack, You are about the most analytical person I know... I am surprised at your comment. The math does not work that way So few people really use the waitlist... that an extremely high percentage of waitlist requests are granted. My ratio is near 100%. Right now the waitlist seems to be broken... but when the WM waitlist system was working right (pre-IRIS)... then it was a very powererful tool. I suspect that the waitlist will be back to its good old self before too long.' /Jim IP: Logged
jgeorge1 TUG Member Posts: 21 From: pittsfield,ma USA Registered: Dec 2002	posted 02-20-2005 04:22 What do you mean "the wait list is broken?" IP: Logged
BocaBum99 TUG Member Posts: 1474 From: Registered: Jul 2004	posted 02-20-2005 06:06 quote: Originally posted by Hatrack79: Great idea BBummer, but you're talking about 16k credits instead of 10k! That's the cost of buying too late to get what you want. And, if the wait list hits, then there is no additional cost. Morover, the OP can get airline tickets and sleep easy that their vacation is secure. And, if they really want to go crazy, they can do even better. But, you're the expert in that area. IP: Logged
FLYNZ4 TUG Member Posts: 172 From: Portland OR Registered: Apr 2003	posted 02-20-2005 16:35 quote: Originally posted by jgeorge1: What do you mean "the wait list is broken?" WM is in the process of getting a new computer system called IRIS. There have been a lot of bugs during the rollout and one the things that stopped working successfully is the WM waitlist. In the past the waitlist was flawless. If you put your name on a waitlist, and a match became available, then the unit would not be put back into general inventory, and would be held for you. Post IRIS, people have been finding matches on the website that are exact matches for their waitlist requests, without ever getting notified. Like I said... I expect this will be fixed over time, because clearly (from past behavior), they know how to implement a great waitlist system. /Jim IP: Logged
JulieH TUG Member Posts: 140 From: Portland, Ore. USA. WorldMark member since '98 Registered: Apr 2001	posted 02-21-2005 19:13 Hi. Everyone's telling you to get onto the waitlist and book this and that. You can't, of course, because you're not an owner. Do you have a seller already who is willing to make such a reservation or waitlist request? That's what I'd try for if I were you. ------------------ Julie, in Portland, Ore. IP: Logged

All times are in Pacific Timezone	next newest topic \| next oldest topic
Administrative Options: Close Topic \| Archive/Move \| Delete Topic
	Hop to:

Contact Us | TUG Home | Privacy Statement

Copyright Timeshare User's Group - BBS Script customized by Laurence Chan lcc_home@hotmail.com
The Timeshare Users Group (TUG) makes no representations or warranties with respect to the use of the TUG bulletin boards, or their contents and further makes no representations with respect to the results that may be obtained from information on the BBS. The Timeshare Users Group shall not be liable for any damage or loss of any type arising from such use or content, and reserves the right to remove any posting on the bulletin boards. The bulletin boards are intended for use by Timeshare Users Group members, Non member postings are welcome. Advertising is not permitted on the BBS, TUG provides other areas on this web site for advertising. Any messages that are deemed as advertising will be deleted. Please read the full TUG BBS Usage agreement located in the FAQ. By using the BBS you accept and agree with the above statements. If you do not agree please return to the TUG Home Page