Selling WorldMark Credits on eBay

Did you take out a loan from WorldMark to buy your credits? Do you still owe WorldMark for this loan? If so, plan on the buyer assuming your loan and getting just a penny bid for all your credits -- unless your loan is nearly paid off.

Are you going to use a timeshare broker? They charge about $350-$500 for their service. Make sure this is excluded from the bidding (i.e. you need to let the buyer know they're paying this in addition to their final bid.)

WorldMark by Wyndham charges $150 to transfer Worldmark credits from your name to theirs. Same with the timeshare broker fee, specify that this is assumed by the buyer in addition to their eBay bid.

So, if I were an eBay buyer looking for WorldMark credits, this is how I'd price an offer. Let's assume you have 10,000 credits, still owe $5,000 on your loan, and are using a timeshare broker.

10,000 credits x 75 cents = $7,500
less your $5,000 loan = $2,500
less the $400 broker fee = $2,100
or I'll pay you about 20 cents per credit.

But wait you used (borrowed) all of next year's credits? I'd take another 5 cents per credit off for making me pay this year's maintenance dues and not being able to take a vacation with my new WorldMark Credits. (That's what non-renewing WorldMark credits sell for on eBay.)

Also, if your behind in your maintenance dues, you'll be penalized for that, too. Say you owe WorldMark $500 in back maintenance dues, that's another 5 cents less I'd bid per credit ($500 / 10,000 credits)

(Yes, I know you purchased these 10,000 WorldMark credits for over $20,000 but that's only what WorldMark sells them for, not what the secondary market is willing pay.)

Can't accept this low of an offer? Then use a Reserve Bid (minimum bid threshold) as part your eBay offer and/or use their Buy It Now to set a price you feel comfortable with.

However, selling secondary WorldMark credits is a buyers market and, until you lower your seller's "expectations," you'll keep renewing your eBay auction until, someday, you find a buyer willing to pay what your asking. But at least you'll have a some vacation credits to enjoy until that happens!