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New Saved Points policy 7/1/11 (see post #17 for actual policy)

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  • New Saved Points policy 7/1/11 (see post #17 for actual policy)

    So I sent this email on the BG website about the new policy:
    = = = = = = = = = = = = = = = = = = Begin email
    Your new fee for saving points has not been well thought out. I see it as just a money grab.

    If I've used my annual points in the first year and I happen to have 800 points left at the end of the year, I don't believe it's fair for me to have to pay $35 to have them saved. I could agree with it if I had a good amount of points left that I simply didn't use.

    I think a more fair solution would be to set a percentage threshold. If I have more than XX% of my points left at the end of the first year, then I would have to call to save the points and pay the fee. Otherwise they would automatically save without a fee. Of course this could be factored into the premium memberships as a benefit in some way.

    If someone does not have enough points left for a three night stay somewhere, they have obviously used their points fairly well. Why should they be penalized with another fee to save the points?

    You can argue that a one or two night say is possible, but I venture to say that many owners do not live close to any of the BG resorts which makes this impossible for them. Also if jobs are lost or jobs change for members their vacation time might get reduced and they simply cannot go as much any more.
    = = = = = = = = = = = = = = = = = = End email

    And BG's response was a typical "form" response:
    = = = = = = = = = = = = = = = = = = Begin response
    We are sorry to hear of your frustrations regarding the Saved Points policy. Please be advised that your Points are backed by actual inventory for the first year in which they are earned only. The purpose of this change is to encourage owners to use their Points for their full value during their annual use period and reduce a growing liability incurred by the Club to maintain usage rights for Points that are largely expiring without being used. Bluegreen takes great pride in managing a healthy, fiscally responsible Vacation Club on behalf of its ownership. The ability to use your Points for a second year is a major benefit that many other Points-based Vacation Clubs do not permit.

    In addition, we would like you to consider an extreme case where every owner saved their Points this year without knowing that everyone else did. If you think about it, all of the rooms at Bluegreen resorts would not be vacant. However, if all the owners decided to use our Saved Points and Annual Points in the following year half of the owners would get reservations and the other half would not. Please note that owners still have the option to borrow their Points ahead of their scheduled earn date.

    Another example would be that if a 9,000 Annual Points owner were saving their Points so they could go to a newer resort that took 18,000 Points in High Red season. The owner who bought 18,000 Points so they could travel in High Red season, now can't because another owner would have it confirmed. A possible result could be a policy change in which saved points can't be used for High Red season. What if such a policy change works for awhile but then doesn't work adequately anymore? Bluegreen has an obligation to change the policy to bring borrowing and saving back into balance.

    We appreciate your suggestions and assure you that we desire only what is best for our owners. However, this descision has been finalized by the board and no other changes will be made to the policy at this time.
    = = = = = = = = = = = = = = = = = = End response

    I love that last paragraph. I appreciate the fact of even being able to save points in the first place, but basically if I have only 150 or 200 points left I get butt screwed for $35 bucks to save them. It's not a lot of points but they are mine that I wouldn't want to lose - I paid maintenance fees on them. Seems unfair when someone can pay the same $35 fee to save 100,000 points if they wanted to. I see the BG board puts as much thought into the programs as our politicians put into making laws and budget decisions - definitely not "what is best for our owners".

    The $35 fee will prevent nothing except when owners have few points left such as maybe 200. It will, in effect, cause owners to let those points expire which won't have any effect overall. Letting those points save wouldn't "take away" units from others. Owners that have lots of points to save will pay the fee - so the same situation will exist. Therefore I still see the fee as a money grab.

  • #2
    CORRECTION (added 4/13/11): The new saved points policy is different than when I wrote below. Bluegreen contacted me today to correct it. Please see post #17 for an accurate description of the saved points policy. My apologies for the incorrect information.


    If you have more than one anniversary date, then you will need to pay $35 per anniversary date to save them online. If you have a lot of accounts, it could cost you up to $420 per year to save them all.

    The best way to prevent yourself from having to save points is to ALWAYS borrow your points as soon as you pay your maintenance fees. This will give you up to 2 years to use your points before you need to save them.
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    • #3
      And then you go to their 'owner update' and they try to sell you more points. You explain to them that if you have to pay to save points, why would you want to buy more points? I have so many points now I have to save some and you want me to buy more and then have to pay to have them saved for the next year? No, I am not doing that.

      I think it is a poor idea, but, as you and they have said, they have made their descition.
      Don

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      • #4
        Originally posted by BocaBum99
        The best way to prevent yourself from having to save points is to ALWAYS borrow your points as soon as you pay your maintenance fees. This will give you up to 2 years to use your points before you need to save them.
        I hope to get into the 'borrow' mode one day, I just need enough time off to take two years worth of vacations in one year to get there (need to be using next year's points this year).

        How well does BG keep up with borrowed points? Does the computer system work well with them?
        And can you tell BG to always keep you in a pre-pay mode for next year's maintenance fees?

        Comment


        • #5
          Originally posted by BocaBum99
          If you have more than one anniversary date, then you will need to pay $35 per anniversary date to save them online. If you have a lot of accounts, it could cost you up to $420 per year to save them all.

          The best way to prevent yourself from having to save points is to ALWAYS borrow your points as soon as you pay your maintenance fees. This will give you up to 2 years to use your points before you need to save them.
          Where did you see this? If I am paying to save, can I not specify that I want to save them ALL....but then that might not be good as saved points can not be used over 'red' time.....

          I am working hard to use all my points but it is a shame this fee has to come into effect.
          Pat
          *** My Website ***

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          • #6
            Owners who manage their points wisely should rarely be hit with this fee.
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            • #7
              Originally posted by BocaBum99
              Owners who manage their points wisely should rarely be hit with this fee.
              True

              I am curious - did you read about the multiple fees for for multiple accounts or did you get that info elsewhere?
              Pat
              *** My Website ***

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              • #8
                Originally posted by GrayFal View Post
                Where did you see this? If I am paying to save, can I not specify that I want to save them ALL....but then that might not be good as saved points can not be used over 'red' time.....

                I am working hard to use all my points but it is a shame this fee has to come into effect.
                My Bluegreen contact told me.
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                • #9
                  Originally posted by BocaBum99 View Post
                  My Bluegreen contact told me.
                  Thanks....
                  Pat
                  *** My Website ***

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                  • #10
                    Originally posted by motomem
                    Another example would be that if a 9,000 Annual Points owner were saving their Points so they could go to a newer resort that took 18,000 Points in High Red season. The owner who bought 18,000 Points so they could travel in High Red season, now can't because another owner would have it confirmed. A possible result could be a policy change in which saved points can't be used for High Red season. What if such a policy change works for awhile but then doesn't work adequately anymore? Bluegreen has an obligation to change the policy to bring borrowing and saving back into balance.
                    Talk about your faulty logic. The owner with the 18K points is a bronze owner and able to add himself to the wait list 1 month ahead of the second owner. He would be guaranteed the reservation over the other owner. This example also doesn't consider what if the lower point user just paid the fee. The bronze owner still loses out. The policy doesn't prevent this scenario at all.

                    Boca, one thing to add to your recommendation on getting your points early, is you have to pay the fee's about a month early. If you wait till you are billed, I don't think you can get the advance....(please correct me if I am wrong).

                    Comment


                    • #11
                      Originally posted by VA_Traveller
                      Talk about your faulty logic. The owner with the 18K points is a bronze owner and able to add himself to the wait list 1 month ahead of the second owner. He would be guaranteed the reservation over the other owner. This example also doesn't consider what if the lower point user just paid the fee. The bronze owner still loses out. The policy doesn't prevent this scenario at all.

                      Boca, one thing to add to your recommendation on getting your points early, is you have to pay the fee's about a month early. If you wait till you are billed, I don't think you can get the advance....(please correct me if I am wrong).
                      This used to be the case. The rule was changed a couple of years ago. Now, as long as you have paid the MF for the points you want to borrow, you can as long as it within 1 year from the next earn date.
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                      • #12
                        Not sure I agree with this statement. I don't think a persons ability to manage their points is an issue. Along with accomodations there are other costs involved in the travel which need to be considered. There are just to many variables and things that can happen that prevent a person from using all of their points.

                        Adding to this trying to come up with an exact equation to use a specific number of points so there are no points left over which is next to impossible. (trust me I have tried, it never comes out to exactly the number of points I need) The limitation of having to book a minimum 2 nights add to this challenge. If a member has enough points to book one night but not two, they are SOL (unless they want to pay the next years MF's and borrow ahead as you have alraedy mentioned).

                        Don't get me wrong, I understand the reasoning behind it and from a business perspective it makes sense. However as an owner it frustrates me because I have 4 contracts which means a potential for 4 of these fees. I do however think that in some ways the multiple use years, makes it a little easer as I only have to worry about using a certain number of points in each period.

                        Originally posted by BocaBum99
                        Owners who manage their points wisely should rarely be hit with this fee.

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                        • #13
                          What happens if you cancel a low season reservation?

                          Will we need to pay the cancellation fee plus the fee to save the points?

                          Comment


                          • #14
                            Originally posted by gandalf252002 View Post
                            Not sure I agree with this statement. I don't think a persons ability to manage their points is an issue. Along with accomodations there are other costs involved in the travel which need to be considered. There are just to many variables and things that can happen that prevent a person from using all of their points.

                            Adding to this trying to come up with an exact equation to use a specific number of points so there are no points left over which is next to impossible. (trust me I have tried, it never comes out to exactly the number of points I need) The limitation of having to book a minimum 2 nights add to this challenge. If a member has enough points to book one night but not two, they are SOL (unless they want to pay the next years MF's and borrow ahead as you have alraedy mentioned).

                            Don't get me wrong, I understand the reasoning behind it and from a business perspective it makes sense. However as an owner it frustrates me because I have 4 contracts which means a potential for 4 of these fees. I do however think that in some ways the multiple use years, makes it a little easer as I only have to worry about using a certain number of points in each period.
                            All you need to do is borrow your points as soon as you pay your next year's maintenance fees (preferably on your anniversary date so you get a full extra year's usage in high red season). That gives you an extra year to use them. It is a one time adjustment to using your points one year in advance of when you get them. Then, going forward, the only difference is you have 2 years to use your points in high red season instead of only 1. In 99.9% of the cases, that should solve the saved points fee problem. THE ONLY DIFFERENCE IN BORROWING AHEAD VS NOT BORROWING AHEAD IS YOU GET 2 YEARS INSTEAD OF 1 YEAR TO USE IN HIGH RED SEASON.

                            If a person cannot use all of their annual points in a 2 year period, then either they have too many points, or timesharing is not for them since their travel patterns are not conducive to the planning requirements of timesharing.
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                            • #15
                              Originally posted by BocaBum99 View Post
                              All you need to do is borrow your points as soon as you pay your next year's maintenance fees (preferably on your anniversary date so you get a full extra year's usage in high red season). That gives you an extra year to use them. It is a one time adjustment to using your points one year in advance of when you get them. Then, going forward, the only difference is you have 2 years to use your points in high red season instead of only 1. In 99.9% of the cases, that should solve the saved points fee problem. THE ONLY DIFFERENCE IN BORROWING AHEAD VS NOT BORROWING AHEAD IS YOU GET 2 YEARS INSTEAD OF 1 YEAR TO USE IN HIGH RED SEASON.

                              If a person cannot use all of their annual points in a 2 year period, then either they have too many points, or timesharing is not for them since their travel patterns are not conducive to the planning requirements of timesharing.
                              OK, so my anniversary date is May 1. So on May 1, I will get 11K points for one year, then have to save them.

                              if I can afford it, you are recommending I pay my maintenance fee's May 1, and borrow next years points so I have a total of 22K points..11K will not become saved for 24 months. The idea would be to pay the main fee's every may....

                              interesting..

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