This may be a stupid question, but i am sorrta new to BG. Why do the same amout of points cost different prices. (ie, 3000pts for $2800 vs. 3000pts for $9000) Arent points, points!
Unconfigured Ad Widget
Collapse
Unconfigured Ad Widget
Collapse
Announcement
Collapse
No announcement yet.
points vs. price
Collapse
X
-
Yes, points are points.
But yet they sell for different prices. Different sources may explain most of the variability.
1) Developer price - I never bought from the developer but I understand the $1-$2 per point range is typical. They offered me points at $2 per point at my one and only tour. If you buy from the developer you get benefits such as bonus time, travellers plus, and more.
2) Qualified resale points through Pinnacle - Bluegreen is affiliated with Pinnacle so that points purchased at Pinnacle also give you developer benefits. Prices are much lower. If you look at the Pinnacle Vacations site, you'll see some listings at $2 per point, but they'll never sell at that price. Look at the prices for the ones listed as "Sale Pending". They're probably in the neighborhood of 25-50cents a point.
3) Unqualified points from anywhere (ebay, a friend, whatever). These can range from damn near free, you just pay the closing costs to the lower end of the Pinnacle prices. Unqualified means (I think) that you don't get the developer benefits and these points don't count toward premier status. But the points work just like qualified points purchased from any other source.
-
Originally posted by akparsa View Post3) Unqualified points from anywhere (ebay, a friend, whatever). These can range from damn near free, you just pay the closing costs to the lower end of the Pinnacle prices. Unqualified means (I think) that you don't get the developer benefits and these points don't count toward premier status. But the points work just like qualified points purchased from any other source.
Charles
Comment
-
Well heres the deal, I initally purchased in to BG in 2008 for 3000 pts. Since then I have purchased another 3000 pts through BG. The second purchase was less than the first. I have now found that I can purchase the same amout of point or even more for a smaller price. I intend to purchase more points in the future, but i think i am going to go through Pinn Vacations.
Comment
-
Qualified?/Unqualified?
Could someone explain the importance of qualified and unqualified points?
We have owned one time share since our honeymoon almost 22 years ago. It has been an excellent purchase for us even though we bought "new" way back then.
Given the opportunities now, I am thinking of picking up something on ebay.
At this point I am looking for places we want to go and weeks we want to stay, but really just researching and trying to make a good purchase.
Aside from that, is there anywhere here where I can look for advise on this idea?
How to judge a good deal? How to look for any hidden cons? etc etc etc. We are more able to absorb a cost like a second or even third maintenance fee, but I do not want to be caught in a bind.
thanks.
Comment
-
The rough market rate for Bluegreen Points based on today's market is as follows:
1) Unqualified points: $.05/point (or about $.15/point out the door after including closing costs, maintenance fees, etc).
2) Qualified points: $.20-.25/point. Qualified points count toward Premier levels. For details of what is included in the Premier program, see this link: VIP/Premier features description
That is based on my sales over the past 3 months. I have plenty of packages in the price ranges above. If anyone is interested, send me a PM and I'll give you some details.
When adding points, the most important thing to do is to make sure that the points you are purchasing are combinable with the points you own. If they aren't, then you could pay around $300 per package PER YEAR too much in maintenance fees. I spend a lot of time fixing these problems for owners who make that mistake.
Comment
-
Originally posted by rudy2yallWell heres the deal, I initally purchased in to BG in 2008 for 3000 pts. Since then I have purchased another 3000 pts through BG. The second purchase was less than the first. I have now found that I can purchase the same amout of point or even more for a smaller price. I intend to purchase more points in the future, but i think i am going to go through Pinn Vacations.
Comment
-
Originally posted by steveesanders View PostTimeshareforums Shirts and Mugs on sale now! http://www.cafepress.com/ts4ms
Comment
-
Does the home resort/week on the deed impact the price on the resale market at the prices Boca quoted? Do peolpe seem to pay attention to the resort/week when buying resale? We use our priority week alot so when we were buying, we were very selective on the week and location. I was wondering if others took this into consideration.
Comment
-
Originally posted by steveesanders View PostDon
Comment
-
12 Month Out Reservation
Originally posted by vintnerJust curious, why? You are buying points, using points at any of the BG properties, and when time comes to sell, you will be selling points. Why do you care where they are attached?
I am guessing that few owners know about this.
Charles
Comment
Comment