What is the owner rental program?
The owner rental program gives you additional flexibility in how you choose to use your WorldMark ownership. Now, if you ever decide not to travel or you have expiring vacation credits, you can look to Extra Holidays to list your unused vacation time for rental.
How does the owner rental program work?
Once you have booked your reservation, Extra Holidays must receive your signed Listing Agreement at least seven days before check-in to allow processing time. Follow the instructions on the form to return it. Once the signed contract is processed, you will receive an Approval or Rejection email. The best part is there are no upfront fees. Once the reservation is accepted to the program and is successfully rented, you will receive your proceeds within 45 days after the reservation checkout date.
Learn more about the owner rental program.
To get started or if you have any questions, please call 866-438-4877 Monday-Friday, 6 a.m. - 5 p.m. PT (9 a.m. - 8 p.m. ET).
Frequently asked questions about the owner rental program.
-
What kind of reservations do you accept in the owner rental program?
Reservations placed in the owner rental program must meet four basic requirements. (1) The reservation must be reserved with credits. (2) The reservation must be at a participating WorldMark resort, which is located in the Extra Holidays Owner Rental Listings Participating Resorts List. (3) The length of stay must be a maximum of seven nights and a minimum of two nights. (4) The listing agreement must be received and accepted by Extra Holidays at least seven days before the reservation's arrival date and all the way up to 10 months in advance.
-
Are all WorldMark owners eligible to participate in the rental program?
Yes, provided you are current on all your WorldMark financial obligations. Also required to create a rental listing are (1) Proof U.S. residency and (2) Proof of U.S. Social Security Number.
-
What if I change my mind and don't want to rent, can I use my reservation?
If you want to take back your reservation, please call Extra Holidays first to check the status of your reservation. Extra Holidays cannot return a reservation because guests are scheduled to utilize your reservation if it has been rented, even if it is only partially rented. If a reservation has yet to be rented, you may take it out of the owner rental program and travel on it anytime.
-
Is it guaranteed that my reservation will be rented and I will receive payment?
No, it is not guaranteed that your reservation will be rented or that you will receive payment. However, you can significantly increase the chances of your reservation being rented by: (1) Getting your reservation in the program early. (2) Considering the popularity of the location and choosing one renters would be excited about. And (3) consider the time of year. A resort may be more popular during particular seasons, holidays, and special events
-
How much will I get paid if my reservation is rented?
If your reservation is rented, you will receive 60% of the net proceeds and Extra Holidays will retain 40% of the net proceeds as its commission. You will receive payment based on the nights, if any, that are actually rented. Learn more.
