Recently a current Worldmark timeshare owner called to ask questions about my Best Timeshare web site and our business. He asked, "What you’re listing seems too good to be true!" I get that, if you have been convinced that paying the developer over $2.00 per credit is reasonable. Our average credit sells for .30 to .40 cents, so there really is a massive price difference. So, why the big price discrepancy with timeshare credits? Before I answer that, let me make a few statements about Best Timeshare. We have been in business over 16 years, completing nearly 3,000 Worldmark account transfers without a single complaint to the BBB or directly to us, that wasn’t easily resolved. So, though what we are selling might seem too good to be true at first, realize that it must be true for us to 1) remain in business, and 2) for our business to remain in such great standing! Actually, once a Worldmark Owner looks at what a company like WMOwners.com offers, they realize that what Best Timeshare has been doing for 16 years is not only understandable but quite reasonable. So why the price discrepancy between the developer and a resale broker? Here you go: Like Econ 101, it comes down to simple supply and demand. Resale brokers try to sell accounts as high as possible both for the seller of Wordmark and the industry as a whole. Why would we want to see the price continue to decline? Even so, supply and demand is the driving force and price settles where there is some form of equilibrium between supply and demand. As an example, it doesn’t do me any good to lower my prices and sell everything [...]
Here is some interesting information about Worldmark, RCI and II. Worldmark contracts, with RCI as their exchange company, allow their owners a simple place to exchange their Worldmark credits for a week at a Worldmark Timeshare Resort. This is actually a great deal! But, before Trendwest sold to Wyndham, they were very anxious to complete their contract with RCI and sign a contract with II. (Interval International, IntervalWorld.com) II does exactly the same thing that RCI does and reportedly was a split off from RCI. Why did Worldmark want to make the switch? They said that RCI had 7,600 resorts from which to choose, but for many of them, no one would really appreciate staying in them. II had just 2,900 resorts but they were considered to be among the best in the world. At one time, RCI and II were the only choices for making an exchange. Today there are several exchange companies worth exploring. You can find these companies with a simple internet search. Why did Worldmark return to RCI? Because the umbrella company that owns Wyndham also owns RCI! Lots of current Worldmark timeshare owners have called me after sitting down to listen to a Worldmark update/sales pitch. They have been told that without Travel Share they cannot use RCI! Not true. I always tell them that I am sure II will be happy to help them if they ever got turned down by RCI. RCI Points® Assistance: 1 (317) 805-9941.
It is the opinion of Best Timeshare, without question, that the best way to spend a Worldmark Point is using it to book a vacation at a Worldmark Resort. One of the selling points of Travel Share is being able to use points to book a cruise, etc. Think about this for a moment. Anytime you add another party to the mix, they are making money, somehow. In this case, the money is coming from the Worldmark owner. When you board a plane you could be sitting next to someone going the same place but they spent ½ as much as you did for their ticket. Maybe they bought their ticket early and you purchased yours late. When you use your Worldmark Points for anything besides booking a vacation at one of your resorts you are like the person who purchased their plane ticket late and you’re the one spending the most and getting the worst deal. Granted, if your points/credits are about to expire and you want to take a cruise…then why not use them anyway you can.
I get many calls from former clients and Worldmark owners who intended to take a nice relaxing vacation but fell prey to the invitation of a free gift to "come hear what is new at Worldmark." As many of you know, as owners, Worldmark has closed most of their retail stores where many of you purchased your first account. They appear to be focusing their sales effort on the current 300,000 plus Worldmark owners, trying to push Travel Share and convince the current owners that Travel Share must be obtained if you want to have full use of their memberships. They start their current credit price extremely high and let it fall to the price they are going to sell it at regardless of to whom or when they sell it. The sales approach generally offers a perceived incentive to buy now, which is actually only a façade as everyone gets the same deal. Purchasing Travel Share and its claimed benefits at nearly $2.00 per credit, is not a deal. Many are told they cannot use or access RCI if they are not TS Qualified. Not True. Besides, you can always go to Interval International, a company that Worldmark used to say was the very best trading company. My advice while you are on vacation is to stay out of any timeshare sales office, unless you are one of the few who are not bothered by the high pressure and you actually enjoy the game. Timeshare sellers are masters at making you feel like you are missing out if you don’t purchase today and many spend their vacation struggling over the decision to buy. Remember, you can purchase an additional account from another Worldmark member [...]