iwanttoflyaway
TUG Member
- Joined
- Feb 20, 2018
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- 91
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So I've read a lot about this process, but still don't feel like I have a good understanding. Basically, plenty of people own deeded weeks at resorts that have since switched to points, and they are offered the 'opportunity' to convert those weeks to points. Because timeshare companies are moneygrubbers, they are happy to charge a small fortune to do this, despite RCI only charging a fairly reasonable fee. The idea is that the resort or management company paid a good deal of money to be able to sell/convert to points, and they want to recoup those costs and then some.
I'm curious about the details. For instance, I've read that points conversions are typically based on the underlying week - but that if you have a 'true' floating week, with no actual specific week, they give you the average number of points of all the weeks in your floating interval. Is this understanding correct?
I have it in my head that if I intend to purchase a week at a (currently PFD eligible weeks resort) I should make sure that the underlying week is truly high season, even if it's eligible to float through high season. I would clearly prefer it to stay as a weeks resort, but want to hedge my bets a bit, and ensure that I'd at least be eligible for the highest points:mf ratio if they did convert.
Additionally, I've read that some resorts charge significantly more/less than others to handle the conversion. Can you have several weeks at different resorts converted at a single one of those resorts? Or (as I suspect) are you only allowed to convert a week through that particular resort? Do home groups factor into this at all? For instance, if I bought myself some high season Grandview weeks, and some high season VV Parkway weeks, could I conceivably be offered the opportunity to convert both sets of weeks at the same time at one of these resorts?
I have other questions too, but I'll add them if this thread gains any traction - that's plenty for now...
I'm curious about the details. For instance, I've read that points conversions are typically based on the underlying week - but that if you have a 'true' floating week, with no actual specific week, they give you the average number of points of all the weeks in your floating interval. Is this understanding correct?
I have it in my head that if I intend to purchase a week at a (currently PFD eligible weeks resort) I should make sure that the underlying week is truly high season, even if it's eligible to float through high season. I would clearly prefer it to stay as a weeks resort, but want to hedge my bets a bit, and ensure that I'd at least be eligible for the highest points:mf ratio if they did convert.
Additionally, I've read that some resorts charge significantly more/less than others to handle the conversion. Can you have several weeks at different resorts converted at a single one of those resorts? Or (as I suspect) are you only allowed to convert a week through that particular resort? Do home groups factor into this at all? For instance, if I bought myself some high season Grandview weeks, and some high season VV Parkway weeks, could I conceivably be offered the opportunity to convert both sets of weeks at the same time at one of these resorts?
I have other questions too, but I'll add them if this thread gains any traction - that's plenty for now...