July 04, 2023
Selling Club Wyndham points can be a confusing process for many owners, especially when they have little knowledge of the timeshare market and its complexities. However, with the right approach and information, it is possible to successfully and efficiently sell your points. This article will guide you through the best way to sell Club Wyndham points.
Firstly, it's essential to determine what Club Wyndham points actually are. The Wyndham points system is a flexible vacation ownership program that allows members to book vacations at Club Wyndham resorts worldwide, depending on the specific ownership program. These points act as a type of vacation currency that members can use to reserve vacations based on their preferred dates, locations, unit sizes, and lengths of stay.
To sell your Wyndham points effectively, you must first establish the program in which the points are accessed. There are basically two main Club Wyndham points programs, which are:
There are other programs that are regionally focused, such as the Club Wyndham Prefer West and Club Wyndham Prefer Hawaii programs, but the two shown above are the two primary Wyndham points programs.
The reason why this is so important is when you choose to sell Wyndham timeshare points you will need to advertise them under a specific program, whether it is under a specific resort name for deeded points or under the Wyndham Club Access profile. This is the way buyers search for these points, so you will want to be as accurate as possible when advertising them for sale.
Next, determine their value. The worth of Club Wyndham points can vary significantly depending on several factors, including the location of the home resort, the number of points, the season, and the current demand. To get you started assessing the worth of your Club Wyndham points, you can use out free market analysis program which will give you the average asking price from the owners selling Wyndham points on our platform of websites.
Third, be sure that you're in good standing with Wyndham and that all your fees are paid. Potential buyers are less likely to be interested in your points if you have unpaid maintenance fees or other outstanding charges. Clearing any outstanding balances is an excellent first step to prepare for a smooth sale.
Promotion is crucial in the process of selling your Wyndham points. There are several ways to advertise your points for sale. These include advertising them on online marketplaces, using a broker who specializes in timeshare resales, or using social media platforms. In all these cases, provide clear, concise information about your points.
The best way to sell Club Wyndham points involves a no upfront fee option, since many timeshare resale companies charge an upfront fee before they do anything to help you sell. Once they have your money, they do little more than upload your ad and hope for the best. Fortunately, SellaTimeshare.com does not charge upfront fees and extends your ad across a number of timeshare-targeted websites that employ search marketing tactics designed to find buyers.
While advertising and during discussions with a buyer be transparent about the costs associated with Club Wyndham membership. This includes annual dues and other costs that they will be responsible for once they purchase the points. Transparency will help build trust and prevent any surprises down the line.
Another important aspect to consider when selling your Club Wyndham points is timing. The best time to sell your points is often before high-demand periods when more people are looking to plan vacations. This could be leading up to summer vacation season or prior to major holiday periods.
Also, keep an eye on current trends within the timeshare market. For instance, if certain destinations or vacation styles become popular, you might be able to leverage these trends when selling your points. Stay informed and use this information to your advantage.
Negotiation skills play a critical role in the sale of your Wyndham points. This is why we work with our sister company, Timeshare Broker Associates, who verify every offer that comes into our system. This proves the legitimacy of each offer and filters out possible scammers looking to engage directly with sellers to obtain their personal information.
TBA licensed agents live in the timeshare resale sector every day and are skilled negotiators trained to get the best deals for sellers. They handle the process and the paperwork to ensure there are no mistakes made and streamline the sale process.
Customer service is also a crucial part of the selling process. Responding promptly and professionally to inquiries, and providing potential buyers with all the information they need is absolutely necessary for success. This is another reason why we involve licensed TBA agents, because they respond in a timely manner and you won’t run the risk of missing an offer or inquiry.
It's always advisable to use a licensed escrow service when finalizing the transaction and TBA agents work with reputable transfer companies to ensure a smooth process. This not only ensures the transfer of funds is handled correctly, but it also manages the transfer of ownership in a lawful manner. This service will help you avoid any potential scams and ensures a legal, binding transaction.
In addition to the information outlined above, it's important to keep in mind the emotional element of selling your Club Wyndham points. Many timeshare owners have formed sentimental attachments to their memberships and the vacations they represent. As a seller, this emotional component can get in the way of a successful sale, which is why it is beneficial to have an objective, third-party provider such as a licensed agent involved to negotiate and close the deal.
The best way to sell Club Wyndham points effectively requires you to understand their value, maintain good standing with Wyndham, promote effectively, be transparent about costs, and use the best means possible, such as the help of internet marketing and brokerage professionals, to secure the transaction process. By following these steps, you're well on your way to selling your Wyndham points successfully.
Time to put your Wyndham Points up for sale? Get started here.
Selling a Marriott timeshare, those available through Marriott Vacation Club, is a nuanced process given the specialized nature of the market. Learn more here.
If you no longer want to be a part of your club or cannot use your membership, can you sell your vacation club or travel club memberships? Let’s find out.
A combination of factors, including visitor trends, local developments and even the weather play a pivotal role in the best time to sell a Caribbean timeshare.