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Does BG actively seek fixed weeks at it's properties?

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  • Does BG actively seek fixed weeks at it's properties?

    I bought into BG in 2006 by buying a fixed week timeshare via eBay. It was a fixed week in Dec at the Fantasy Island II in the Daytona area. I did some research and found out the property was owned by BG and saw some points listings on eBay. I called BG and they told me about the conversion to points sometime in the past.

    I actually lost out on the bid, but received a 2nd chance offer on a 2nd week that was for sale. I accepted it. I paid $600.00 for it. With closing costs it was between $1400 and $1500 in total.

    I went to my timeshare week in Dec of 2006. I did an update and converted to points. They gave me 8000 points for my fixed week. I bought 5000 more points. There was no 'conversion fee' listed and the closing costs that I paid were only $280 bucks. I paid $8000.00 for the 5000 points.

    The told me they were trying to "get control" of the building. I assume so they would have a majority owning interest in the building.

    I was just wondering if BG still wanted to get those fixed weeks at their own properties. I have seen other fixed weeks for sale on eBay.

  • #2
    I used to do the exact type of conversion that you described. At this time, it is no longer a good deal to do that type of conversion.

    It is much cheaper to purchase points already converted. If you want the VIP/Premier features, it's still cheaper to buy from an authorized reseller.

    Occassionally, Bluegreen offers fixed week conversions. The best deal ever was a couple of years ago when they offered to convert any fixed week into points for only $295 per week. They lost money on ever deal, but it was great for owners. This coincided with when they took unlimited bonus time away from fixed week owners.

    Bluegreen could offer such a program in the future, especially for new resorts such as Atlantic Palace and Club La Pension to get more inventory into the Club. If and when they do that, it could be really good.
    My Rental Site
    My Resale Site

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    • #3
      When I converted in 2006 they said I was "required" to buy at least 5000 points - otherwise I would not be allowed to convert. Maybe that's what they're doing now. Which is not too bad depending on how many points they give you for the fixed week.

      For all the money I paid on the fixed week and the 5000 points, my avg. point cost is about $1.34 per point. So that is my "developers" purchase for BG, lol.

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