Using unqualified points for Premier level benefits

[Thirsty Senior Member Find all posts View Profile Close Thirsty]

I posted this information so all owners would know about the loophole of using secondary market points to book waitlist requests along with having unlimited cancellations. In the last year I think this has gotten out of control.


I don't think all BG member are being treated fairly while some members are happily using this loophole. I just hope when BG enforces or changes the rule there are no grandfather clauses.

I hope they don't and a BIG thanks for pointing this out on a public forum.

[akparsa Senior Member Find all posts View Profile Close akparsa]

I'm curious

I posted this information so all owners would know about the loophole of using secondary market points to book waitlist requests along with having unlimited cancellations. In the last year I think this has gotten out of control.

I'm curious why you think it has gotten out of control in the last year? What specific problems have you seen attributable to the reservations wait listed with unqualified points.

I can understand your philosophical objection (though I may not agree) but I'm exremely interested in the data suggestion it has gotten out of control some way in a definable timeframe.

Thanks for any information you can provide.

Anita

ps - i have 80K points, 60K qual, 20 unqual. I use all my points for myself or family & friends and have never done a commercial rental.

[ddrink Member Find all posts View Profile Close ddrink]

I've been following this thread, but I'm not 100% sure I understand what waitlisting is. Can you clarify for me?

[Airport11 Junior Member Find all posts View Profile Close Airport11]

I am Gold but also have 21000 resale points.
I can wait list for the resort/reservation I want but the points NEVER come out of the account untill 11th month out . The rule is that the points should be in your account at that 11 month out date, therfore my 21000 resale points are as good as any other points and can be used for a reservation at 11 month.

I have the premier bennifit from my gold ownership it is not linked to how I came by the other points.

If we are sticking to the rules then you cannot cancel a reservation and then rebook (to use points and BT) in the same phone call you must leave 24hrs before you rebook but please tell me how many non premier owners have broken this rule

OK, I previously owned 7k points but sold them 3 years ago. I love Big Cedar Cabins. I was always able to get a 2 BR Cabin at 11 mo, but I had to yell, scream, hollar and cuss to do it. I stayed there 3 years in a row and it infuriated me that the people that had 100k points could waitlist so much further out then me.

I recently bought 40k Biennial points for $200. If I had bought those points for the 25k to 30k that the original owner had paid for them and later realized that, because of the devaluing of the points (I believe because of the inability to waitlist), all they were worth less than 1% of what I paid for them, I would be furious.

Instead of just thinking about whether you get your benefits, think about what your investment is worth if, God forbid, something happens and you have to sell.

Imagine if you bought a new car for 40k and that car went from 0 to 60 in 3.5 seconds. But if you sell the car, the new owner would only be allowed to get 0 to 60 in 14.5 seconds. Are you going to be happy getting $400 for that car.

"I'm just sayin"

[smithiekid Member Find all posts View Profile Close smithiekid]

A Timeshare is never a $$$ or £££ investment and should never be looked at it in that light, it is an investment in holidays and memories.
If I had to sell tomorrow and get peanuts for it I have had my £££ worth out of it, and in anycase I am well past the breakeven point so every holiday I now take saves me a lot of money

Remember one thing what ever happens in the future nobody can take away those memories and all the fun, those are with us until the day we die.

And by the way a car only gets you from A to B if it takes 4 secs or 40 secs it still only gets you from A to B.

We have the premier benefits that are of use to us ie waitlist ... due to Bluegreen changing the rules about being able to book less than 7 days at the 11 month out and since our fixed holidays are worked on blocks of 7 days the only option open to us was to buy more points so we could be waitlisted.
These are the things you have to sit down and work out, so if you want BC each year then buy the points that are deeded at BC for the time you wish to spend there.... no need to pay BG for them just check out the resale and then use you 13 month priority option, so you can see there are several options open to one and all, for us to go to plat would be a complete waste of money that is why we then bought resale.
The point I made in my original post still stands and if anyone is going to complain about one rule and say Bluegreen should enforce it then they should enforce all the rules and by laws...... now that will upset most owners. You only have to look at the reaction about saved points ..... but read the bylaws and we all signed to say they could do it... but and it is a big BUT, how many owners knew they signed to say the could make that charge. I would imagine you would be able to count them on one hand.

And by the way your $40K car would cost me double and your $3.50 gallon of gas costs us $8.00 so I shall stick with my Smart car and get 84 miles to the gallon lol

I have no desire to go to BC so I for one will not be wait listing

[Airport11 Junior Member Find all posts View Profile Close Airport11]

A Timeshare is never a $$$ or £££ investment and should never be looked at it in that light, it is an investment in holidays and memories.
If I had to sell tomorrow and get peanuts for it I have had my £££ worth out of it, and in anycase I am well past the breakeven point so every holiday I now take saves me a lot of money

Remember one thing what ever happens in the future nobody can take away those memories and all the fun, those are with us until the day we die.

And by the way a car only gets you from A to B if it takes 4 secs or 40 secs it still only gets you from A to B.

We have the premier benefits that are of use to us ie waitlist ... due to Bluegreen changing the rules about being able to book less than 7 days at the 11 month out and since our fixed holidays are worked on blocks of 7 days the only option open to us was to buy more points so we could be waitlisted.
These are the things you have to sit down and work out, so if you want BC each year then buy the points that are deeded at BC for the time you wish to spend there.... no need to pay BG for them just check out the resale and then use you 13 month priority option, so you can see there are several options open to one and all, for us to go to plat would be a complete waste of money that is why we then bought resale.
The point I made in my original post still stands and if anyone is going to complain about one rule and say Bluegreen should enforce it then they should enforce all the rules and by laws...... now that will upset most owners. You only have to look at the reaction about saved points ..... but read the bylaws and we all signed to say they could do it... but and it is a big BUT, how many owners knew they signed to say the could make that charge. I would imagine you would be able to count them on one hand.

And by the way your $40K car would cost me double and your $3.50 gallon of gas costs us $8.00 so I shall stick with my Smart car and get 84 miles to the gallon lol

I have no desire to go to BC so I for one will not be wait listing

I will be perfectly happy if I cannot use the 13 months waitlist, I only paid $200. As far as investment goes, alot of others may not be as fortunate as you and may need to sell someday in the future.
Don't take the $40k car so literally. A $40k car won't go 0 to 60 in 4.5. If you don't like the $8 a gallon, move to a country that believes in the marketplace, and frankly, that Smart Car won't be so smart it you hit a bus.

[smithiekid Member Find all posts View Profile Close smithiekid]

That Smart car is one of the safest cars on the road my friend
The cost of gas/petrol is cheaper over here than the US what makes the bottom line more expensive is the ammount of TAX we have to pay on it.
Just wait untill you good people have to face up to the fact the $$$ is no longer what it use to be and then we will see about a fair market place , but lets not get into that .... this is about timeshare

The point I was making is that it is not about investment and timeshare should never be used as an investment, and by the way it cost me more to have my extra 21000 points notorised than it did to buy them ....... $53 to buy £80 to have a notory public put his seal on them (over here we have to use a Judge or special Lawyer not any Tom ,Dick or Harry)

By the way the car bit was a joke to lighten things up a little

lifes to short to always be complaining lol

[Airport11 Junior Member Find all posts View Profile Close Airport11]

That Smart car is one of the safest cars on the road my friend
The cost of gas/petrol is cheaper over here than the US what makes the bottom line more expensive is the ammount of TAX we have to pay on it.
Just wait untill you good people have to face up to the fact the $$$ is no longer what it use to be and then we will see about a fair market place , but lets not get into that .... this is about timeshare

The point I was making is that it is not about investment and timeshare should never be used as an investment, and by the way it cost me more to have my extra 21000 points notorised than it did to buy them ....... $53 to buy £80 to have a notory public put his seal on them (over here we have to use a Judge or special Lawyer not any Tom ,Dick or Harry)

By the way the car bit was a joke to lighten things up a little

lifes to short to always be complaining lol

All I am trying to say is not everyone has the resources to buy something for 10s of thousands of dollars only to have to sell it 3 or 4 years later for less than 1 percent of what they paid. I have been watching several boards over the past few weeks and I have noticed that, other than fixed week timeshares, BG resales are much lower than starwood, wyndam, marriot. Why is that? I believe it is because BG devalues resale points, and my guess is they would rather get the sales themselves.

As far as the value of the $$, I hope that American voters are paying attention now. The Euro-Socialist style of government has been tried over and over again does not work. Get the lazy people of their backsides, put them to work, let the people that work hardest and risk the most make the money they deserve and then let them keep it. If you don't have insurance (not the same as healthcare) don't expect to get the same convenient treatment as someone who is spending $800 a month for coverage. Go to the County Hospital, wait in line with the rest of the people who don't have insurance, get your free "Healthcare" and go home. Don't complain because you don't get to go to the doctor of your choice because you can, but bnot for free. This can go on for pages. Bottom line, if you want more, work harder. I promise you, if you want to work you will find work. It may not be your ideal job but it is work. Show some dignity.

Anyone who is tempted to tell me how not everyone has the same opportunities, bull. You can handwash cars, mow yards, clean houses. All of those pay a lot more than you might think, but they require work.

Seriously though, if you paid full price and you're ok with the value of your points disappearing, good for you. I don't know many people that would agree with you. The investment is the initial purchase price, the maintenance fees cover the expenses. It is a real estate transaction. If it is "Real Property" it should have a value.

[Tom in GA Member Find all posts View Profile Close Tom in GA]

Comments

First, that little Smart car did get good reviews as far as safety and mileage...however, it has a bumpy ride.

Second, BG timesahres are a way of getting good value for a vacation. As far as real estate value....well, let's just say it is worth something as small as it might be.

Third, I wish all BG owners would just follow the rules. We have enough divisions and problems in this country without trying to make more.

Fourth, I agree that it is time to change the country's path to one that make sense. If you run up your credit card, would not the credit company eventually turn off the spigot of money?

Lastly, I heard the economy was so bad, that the Lone Ranger was selling his silver bullets on eBay and Exxon-Mobile had to lay off 25 congressmen.

[Airport11 Junior Member Find all posts View Profile Close Airport11]

LOL. Listen, I don't care what the reviews are, I have shoes bigger than the smart car. If they have little hobbits, running into marshmallows, I'm sure the safety ratings are good, but other that being so small that it goes under the other vehicle, I don't see how a shoebox fares well in a collision with a Suburban.

Think about the value if you spend 25k for bg points plus 1200 each year for mf. After 5 yrs, you have 31k invested in 5 vacations. If you have to sell because of a death in the family (probably driving a smart car) or laid off from job and can't pay mf, you just spent over 6k a year for a resort that would have cost you 6k total to rent. If you keep it forever and use it forever, it is not a terrible deal, but if you have to sell early, it is terrible. Besides, the salesmen tell you what a great investment it is. I know they wouldn't lie.

[smithiekid Member Find all posts View Profile Close smithiekid]

You may have big feet , (well we all know that since you always seem to be putting your foot into things lol

Buy the way is your car built around a safety cage, if some idiot in one of those big cars hits a smart car then the engine slides under the seat and not onto the driver , which would happen if you rear ender a "Smart" driver.
Please explain why i would want to use a big gas user when I only use the smart car for my 100 mile round journey to work and by the way did you know you can also transport a full size washing machine in a smart car as well (just for your information).

I do work and so does all my family and we have always always taken vacations , that my friend is part of family life .

What we got fed up with is all being in the same hotel room so we bought into timeshare not as an investment because we knew that just like a car or caravan/RV that most of there value goes out the window once you have bought them.

I only hope that you knew that before you bought and I hope that you did not think you were going to make money out of the deal.

Our Gold premier points cost us less than 70 cents a point, all bought in the correct manner and no backdoor deals.

What you seem to not understand is that the cost of the holidays is far greater if you pay for a hotel suite than if you buy timeshare and that if you take all this into account at some point (9 or 10 yrs) into timeshare you pass the breakeven point.

The cost of paying for those holidays is gone once you come home so that is how you should look at timeshare not as an investment that you are going to make some money back on it, in other words think car ... think timeshare.

car ..... you pay the asking price
...... you use it and repair it and service it
....... you pay for gas/petrol
....... when it falls to bits you scrap it (or if you die you relatives get what they can for it)

Timeshare ........ you pay the asking price
.......... you use it and pay your MF
.......... after your car has gone to the car park above you are still using your timeshare
......... when you die your relatives get what they can for it

it is that simple

[Airport11 Junior Member Find all posts View Profile Close Airport11]

Look, you live in a quasi socialist country, where your life is probably mapped out for you by your quasi socialist parliament. If you need something, I'm sure there is someone there in your government to tell you that you need it. I don't care. But in a free society, we like to believe that if we spend our hard earned dollar on something, it will have at least some lasting value.

Read my earlier post. I don't care, I only spent $200 or an equivalent of 25 gallons of "petrol". If I can only book at 11 months that's fine. If I sell this next year and get $100, that's fine. I only lose $100. But if someone pays 25k to 30k (3,125 gallons of Petrol) and has to sell, they will lose their Arse. Don't make this about me or your "SMART" car. It common sense. If 1 rule causes someone to lose 10s of thousands of dollars of value, it's a bad rule. Not for me, I benefited from the rule.

Wise up. Why would you settle for less. Or, maybe that's the English Way

Be Free

[Airport11 Junior Member Find all posts View Profile Close Airport11]

And I do have big feet.

[VA_Traveller Senior Member Find all posts View Profile Close VA_Traveller]

Why would you put a washer in a car?

[smithiekid Member Find all posts View Profile Close smithiekid]

to transport it from place to place