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Selling BG points

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  • Selling BG points

    One of my employees has a financed BG point package she wants out of.

    She mentioned Pinnacle as selling it for her.

    Is there something better she can do in this situation?

    I told she'd probably get about $0.30 a point.

    I don't have any details about what she bought except it's probably 2 years ago.

    Stan

  • #2
    I think Pinnacle is affiliated with Bluegreen so maybe not a bad way to go, but I don't know if she had to pay an upfront fee to go thru them.

    Yes, she won't get much per point, especially if she still owes. She would be wise to pay the thing off and rent out her points for a couple years to try to recoup her costs. Not an easy thing to do, but it largely depends on whether she's ok with taking a big loss or doing some work to offset it.

    If she's willing to take the loss, there are likely many people that would be happy to take those points off her hands without the upfront 'listing fee' so she'd come out slightly ahead of using Pinn. Of course, if she's already locked in with Pinnacle, she may have to stay the course with them.

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    • #3
      If she sells through Pinnacle, won't bonus time and other privileges transfer. As they won't transfer if the sale doesn't go through Bluegreen, won't that lowere the price she would get. Pinnacle is a bluegreen resale tool.

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