Keeping watch on Trendwest / WorldMark by Wyndham

Monday, May 09, 2005

Ah! It looked too good to be true

I stumbled across eBay auction #6530998280 with a WMSP membership going for A$499. That looked too good to be true!

Alas, it was. In reading the fine print (on www.joinbig.com/shares), it appears that this payment only entitles the auction winner to take over $10,000+ in payments owing to Trendwest. Certainly no bargain there!

Then I found auction #5579171095 trying to sell 3000 credits at the full price of A$2.08/unit. Not only a silly price to pay, but I don't think you can own less than 6000 units!

The local redseason.com.au looks like it's going OK. Auction #6530588359 has a bid, and there are already two that successfully sold previously.

And, to round it out, #6529723978 has also got bids at $7,000.

Good going!

-- Fabbo

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