There’s a lot to love about Club Wyndham. The brand’s points-based timeshares offer Club Wyndham owners the freedom to vacation how they choose. Not to mention, Wyndham timeshare owners get to travel the world with hundreds of resorts around the world. You can buy timeshares directly from Club Wyndham, but that isn’t exactly cheap. If you still want to stay at Wyndham resorts but feel a little intimidated by the sticker price, don’t worry! There’s a way you can take Wyndham vacations without breaking the bank: the Wyndham timeshare secondary market. While Wyndham resales are an affordable alternative to buying direct, they have tradeoffs of their own. That’s why we’ll be covering Club Wyndham resale restrictions to help you decide whether timeshare resales are right for you.
How Does Club Wyndham Work?
Club Wyndham is the timeshare division of Wyndham Destinations. This vacation club offers incredible resorts in beautiful locations, as well as exciting amenities. As we’ve mentioned before, the brand uses points-based timeshares. Each year, Wyndham owners are given an allotment of points that they can spend as they please. This system allows Wyndham owners to travel to any resort they want, as long as they have enough points. The number of points required to make a reservation depends on the time of year, residence type, and location. Additionally, the number of points you receive each year is based on the resort you choose as your “home resort.”
What is the Wyndham Timeshare Secondary Market?
Many Wyndham owners choose to buy their timeshare points on the secondary market, also known as the resale market. The secondary market is where potential buyers can purchase a timeshare being sold by a Wyndham owner. The biggest perk of buying a Wyndham timeshare on the secondary market is the savings! Buying a timeshare resale could save you hundreds, if not thousands, of dollars! This is because the timeshare is being sold by a current owner who may be willing to sell it for much less than they bought it for. Buying a timeshare directly from Wyndham will have no wiggle room when it comes to costs. Although the benefits of buying Wyndham timeshares on the secondary market may outweigh any cons, timeshare resales often come with some restrictions.
Why Are Wyndham Timeshare Resales More Affordable Than Buying Direct?
You might be wondering why these Wyndham timeshare resales cost less than buying direct. The best way to think about it is by comparing timeshares to other luxury items, like cars. When you drive a car off the lot, it quickly begins to depreciate in value, even though it’s still useful. The same principle applies to timeshares. While the amenities from a timeshare resale are just as good as those of a timeshare purchased directly from Fidelity, the fact that it has been “used” means its value has gone down. Sellers are aware of this and price their timeshares accordingly.
Restrictions When Buying Club Wyndham Resale
The main Club Wyndham restriction is that if you purchase a resale timeshare ownership, you will not be eligible for VIP status. VIP status through Club Wyndham is offered to direct buyers who purchase 300,000 points or more. If you were to buy that many points on the resale market, unfortunately, you would not qualify for VIP status.
However, this is the largest restriction placed on resale buyers. Aside from resale points not being eligible for VIP status, resale points can be used in the same ways as points bought directly through Wyndham. This includes booking vacations at your favorite resorts. Resale owners will experience how Club Wyndham works in the same way that direct owners do when it comes to vacation planning. The most important thing to remember when buying points is to be sure you have enough to cover the vacations you want to take. As a result, Wyndham’s restrictions on resale buyers is more relaxed than that of other developers like Disney Vacation Club.
Want just a little more info on the pros and cons of buying a timeshare resale? Then check out our video, “Buying Timeshare Resale vs Direct: What to Know.”
Should I Buy Club Wyndham Resale?
So, should you buy Club Wyndham resale? Ultimately, the decision is up to you! One main thing to consider is if VIP status is important to you. VIP status allows you to get certain discounts on reservations that you might not get otherwise. With that said, some owners who purchased Wyndham timeshares on the resale market found that the lower initial cost outweighed the benefits of VIP eligibility.
Not to mention, whether you buy on the secondary market or directly from Wyndham, you will still be visiting the same properties as owners who bought direct. You may not have bought your timeshare directly from Wyndham, but each timeshare resort is maintained in the same way. As long as you have the points, you’ll be able to stay at any Club Wyndham Resort you want. Plus you’ll still have a luxurious, fun-filled getaway.
Why Buy a Club Wyndham Timeshare Resale With Fidelity Real Estate?
If you’re planning to buy a Wyndham timeshare resale, you’ll want to work with people you can trust. You’ll want to work with Fidelity Real Estate. Fidelity has worked in the timeshare resale market for over 20 years. Plus, as a member of the American Resort Development Association, or ARDA, we follow a strict code of ethics that helps to keep everyone in the resale industry safe. Fidelity combines decades of experience with unparalleled security to provide a top-notch purchasing process.
Buy A Club Wyndham Timeshare on the Resale Market
So, if you’ve decided that buying a Wyndham timeshare on the resale market is right for you, we can help! Start by browsing our selection of available Wyndham timeshares. Then, when you’ve found the perfect listing for you, just make an offer! Our licensed agents will handle the rest. If you need assistance or further guidance, email us today at [email protected] or call us at 1-800-410-8326. We’re always happy to help!
What if I No Longer Want My Club Wyndham Timeshare Resale?
We don’t always love the same things forever. Our hobbies and tastes can change over time, and the same thing can happen with timeshares. If you decide you don’t want your Club Wyndham Timeshare resale anymore, Fidelity can help you too! We can list your ownership on our online marketplace to help you sell your timeshare. If you’re ready to move on from your timeshare, fill out the form below and one of our licensed agents will reach out to you about the next steps.
