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Considering buying more points

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  • Considering buying more points

    With the market and everything the way that it is, I'm seeing this as a good time to load up on more points. I'm a little worried about DRI management, and fees for the long haul. But putting that aside, I'm still seriously thinking about acquiring some more points.

    I have a 5,000 point membership in the California collection. Here's my information:

    Member Type: DRI California Member Association Member Level: Valued Club Member

    Now, this ebay auction is for 5,500 annual points at the same place that I currently own.

    Diamond Resorts 5,500 Annual Points Timeshare - eBay (item 290274809673 end time Nov-24-08 19:30:00 PST)

    If I were to win this auction (and what would be the going price for something like this?), what would actually happen?

    Would the points just roll over into my current account? Would I have two accounts? If so, could I transfer points between accounts? Would the second one be in the club and be albe to be used in II, and everything else?

    Just a newbie trying to figure this out. Our initial plan was to buy into the club low, and then pick up more points as needed through the second-hand market. But we're still trying to figure out exactly how that would work....

  • #2
    Welcome to TS4Ms and CONGRATULATIONS!!!

    Originally posted by mpetty
    With the market and everything the way that it is, I'm seeing this as a good time to load up on more points. I'm a little worried about DRI management, and fees for the long haul. But putting that aside, I'm still seriously thinking about acquiring some more points.

    I have a 5,000 point membership in the California collection. Here's my information:

    Member Type: DRI California Member Association Member Level: Valued Club Member

    Now, this ebay auction is for 5,500 annual points at the same place that I currently own.

    Diamond Resorts 5,500 Annual Points Timeshare - eBay (item 290274809673 end time Nov-24-08 19:30:00 PST)

    If I were to win this auction (and what would be the going price for something like this?), what would actually happen?

    Would the points just roll over into my current account? Would I have two accounts? If so, could I transfer points between accounts? Would the second one be in the club and be albe to be used in II, and everything else?

    Just a newbie trying to figure this out. Our initial plan was to buy into the club low, and then pick up more points as needed through the second-hand market. But we're still trying to figure out exactly how that would work....
    Originally posted by eBay ad
    Unlike other eBay listings with access to only 19 resorts, these points
    give you daily and weekly access to 115 Diamond resorts in North
    America, Hawaii, Mexico, the Caribbean, and Europe
    It's been discussed before, how this seller insinuates that you have Club priveledges - we don't know. If someone here has experience with this seller, please speak up. If you buy it, please tell us, it'll cost you round about $1 plus closing costs in today's market.


    Originally posted by mpetty 9-12-08 View Post
    shoot, 11,400 points is a pretty good amount. For my future wife and me, that's easily 5 weeks somewhere...which is a steal for $900.

    How would he go about selling, or how would someone go about acquiring points on the second hand market (DRI club member here)?

    I'm in no place currently to buy (wedding in two weeks plus current loan for my points has me strained), but definitely plan to buy more in the future....This seems to be an art, so I'm looking to start learning now.....
    Now that the excitement's over, just read this forum through and through.
    ... not enough time for all the timeshares ®

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