I bought resale at PCB this summer, and I am still waiting for the transfer... dragging... Sorry for the complaining
Anyway, I have zero developer points, and I keep reading about PIC, but I have concerns being a newbie and all, so I have the following questions:
1. would it be a smart move to go from zero to gold with a PIC strategy.
2. if so, what should I expect to buy and pay, and what would expect on MFs?
3. PIC locations for my would be Clearwater Bear or St. Pete Beach... or maybe similar beach location. How do I find these PIC locations opportunities?
goal estimate and budget realistic strategy to get from zero to goal... any advise, thoughts appreciated.
@HitchHiker71 went from zero to Gold using PIC. When we first bought, we added my mom’s vacation villages at Parkway week. When I went Gold, I picked up a Williamsburg Plantation week on eBay. I helped others get theirs on eBay as well as Timeshare Nation. Timeshare Nation specializes in 100% free timeshares. No closing costs or transfer fees. It has to be tradeable in RCI. It cannot be a Wyndham resort. It also cannot be Shell, Hilton, Marriott, DVC, Diamond, or Blue Green. If it trades in interval International, pass on it. It also cannot be a points based timeshare (RCI points, DVC, WorldMark, etc). Before you agree to buy anything, talk with a telesales rep first to verify it qualifies. Someone in Orlando is telling people that certain weeks that previously qualified are being rejected. A telesales rep in Redmond said they are not rejecting anything. So whoever you end up with, make sure they verify it qualifies. There are some with maintenance fees less then $800 for an annual three bedroom. Try to go for less then $800. If it’s at a place you would actually want to go to, then it might be worth paying slightly more. Just remember, you have to pay the maintenance fees in full before you can deposit in RCI. You have to deposit in RCI before you can exchange that deposit with Wyndham for points. Gold crown resorts are the nicest, but crown status doesn’t matter for PIC purposes.
From what I hear, Biannual weeks qualify. Even though you can only trade for points every other year, you’re credited every year towards VIP status. So if you have a three bedroom biannual week, you can trade for 254,000 points every other year. That 254,000 points counts towards VIP status every year. It also counts, even if you don’t exchange it for points. Biannual have lower maintenance fees because you can only use it every other year. Again, make sure the telesales rep confirms it qualifies.
PIC enrollment requires a 49,000 point purchase per PIC week. You are allowed a maximum of two. The most points you can get out of PIC are 508,000 (two 3 bedroom weeks). If you enroll two weeks into PIC, you have to buy a minimum of 49,000 points. An Orlando rep is saying 64,000 but again, the Redmond rep says it’s 49,000. If you end up with someone from Orlando, and they tell you it’s 64,000, tell them you want a rep from Redmond. Watch them back peddle. The most recent price I’ve heard for 105,000 points was $16,275. The more points you buy, the lower your price goes per 1,000 points. So $155 per 1,000 for 105,000 points. You can probably do $145 or $150 per 1,000 for 192,000 points you need to get to Gold. That’s before any cash rebates. I usually see at least $500 in cash rebates but mine was $1,500. That was a special they had going on at the time.
As far as maintenance fees, it varies. If you call telesales, you’ll probably have to twist some arms to get anything other then CWA. Your maintenance fees for 192,000 CWA points will run $1,265 a year or $105 a month which includes the program fee. It will likely go up next year. Then you have to pay the program fee on the PIC points at 60 cents per 1,000 points (same as your other points). So a 3 bedroom that gets you 254,000 points will run you $152 a year or $13 a month per PIC week. Then you have the maintenance fees for the PIC week. My Williamsburg Plantation is $869 a year. That gets paid annually.
Hopefully this answers your questions.
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