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8400 Point Bay Club EOY

GregT

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All,

Just an FYI, there was an auction on eBay for a Bay Club week, EOY that was worth 8,400 points and had MFs of $1,423.

I thought about bidding on it for about a half-second, but then decided it wasn't what I needed at this time. The auction was ended shortly thereafter (early) and I contacted the seller.

Apparently he had an offer for $4,000 and closed it out. I thought that was a good price, and am curious what TUGgers think of that.

I didn't bid because it's not a "core property" that I need at this time and my modest 4,800 point property meets my needs at the moment.

Any thoughts on this transaction?

Thanks!

Greg
 

Talent312

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I didn't bid because it's not a "core property" that I need at this time and my modest 4,800 point property meets my needs at the moment.

I heartily concur.
We get sale coupons from merchants all the time.
DW: "Oh, goody, let's rush out and use this. Its a good deal!"
ME: "Wouldn't we save even more money by not buying something we wouldn't want, otherwise?"

Besides, there's no need to put all of your travel eggs in one basket anyway.
 
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frank808

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Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
All,

Just an FYI, there was an auction on eBay for a Bay Club week, EOY that was worth 8,400 points and had MFs of $1,423.

I thought about bidding on it for about a half-second, but then decided it wasn't what I needed at this time. The auction was ended shortly thereafter (early) and I contacted the seller.

Apparently he had an offer for $4,000 and closed it out. I thought that was a good price, and am curious what TUGgers think of that.

I didn't bid because it's not a "core property" that I need at this time and my modest 4,800 point property meets my needs at the moment.

Any thoughts on this transaction?

Thanks!

Greg

I think the buyer should have let it go to auction end as $4k would probably be the high price. I think that the price is fair for an EOY.

I wonder what is happening with Bay Club resort? As of Nov 15 it will become a Hilton brand hotel. Does this mean it is becoming closer than an affiliate resort? Will it be now be known officially as an HGVC resort?
 

Talent312

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I wonder what is happening with Bay Club resort? As of Nov 15 it will become a Hilton brand hotel. Does this mean it is becoming closer than an affiliate resort? Will it be now be known officially as an HGVC resort?

AFAIK, its nothing to get excited about...
Hilton Hotels gets access to HGVC's resorts to compensate for HGVC's use of HHonors.
Hilton likely thinks that there's enuff inventory to open it up for hotel bookings.
This will, however,help shunt some hotel bookings away from other HGVC resorts.

IOW, Bay Club will be used to "balance the books" between HGVC + Hilton Hotels.
But, HGVC will likely still labele it as a resort "managed" by HGVC (like Marbrisa).
 
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SmithOp

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HGVC King's Land 2BR Premier 23.040K Points.
I looked at this listing but did not like:
-no Rofr on BC so the listing text is useless boilerplate.
-no home unit description

From the point and mf cost it might be the 2br villa unit, which are worth the most and rarely come up for sale.
 

frank808

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Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
AFAIK, its nothing to get excited about...
Hilton Hotels gets access to HGVC's resorts to compensate for HGVC's use of HHonors.
Hilton likely thinks that there's enuff inventory to open it up for hotel bookings.
This will, however,help shunt some hotel bookings away from other HGVC resorts.

IOW, Bay Club will be used to "balance the books" between HGVC + Hilton Hotels.
But, HGVC will likely still labele it as a resort "managed" by HGVC (like Marbrisa).

I notice that no other affiliate is listed on their website for booking. I am hoping that it would be treated better by HGVC than a stepchild. Would like Bay Club to be treated like the Valdoro property.
 

frank808

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Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
I looked at this listing but did not like:
-no Rofr on BC so the listing text is useless boilerplate.
-no home unit description

From the point and mf cost it might be the 2br villa unit, which are worth the most and rarely come up for sale.

Yes the unit is the 2br villa with parking garage.
 

chester1122

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EY Bay Club

I just sold my EY 8400 point through an agent and got $6000 for it which in these times I thought was good.

We've been really pleased with BC and HGVC, but bought a condo in Mauna Lani, so don't need the week. ( the MF pays for 2 months in our new condo, hence selling it!)

Yes the unit is the 2br villa with parking garage.
 

ocdb8r

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I think it all depends on your needs.

Not sure about right now, but about a year ago you could easily get EOY 7000 pt contracts at the Bay Club for ~$1500 including closing costs. The maintenance fees per point are very close at this resort for 8400 pt contracts (about 17.3 cents/point) and 7000 pt contracts (about 16.9 cents a point) so the extra investment for one of the rare 8400 contracts is really only justified if you NEED that many points each year.

It's not quite like some of the other instances in HGVC where you want to purchase the highest point contracts because the fee per point is much lower so you recoup the extra investment rather quickly.

However, I do note that prices seem to be on the uptick after how well the renovation went. I think this resort has truly become a gem in the HGVC portfolio now.
 

sjuhawk_jd

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I looked at this listing but did not like:
-no Rofr on BC so the listing text is useless boilerplate.
-no home unit description

No worries, most ebay auctions from megasellers are like this. If I paid attention to these issues, I would not have bought the units I own now.
 

gnorth16

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I noticed that the item was pulled form eBay. "The item is no longer available."

I sent a message asking about the unit but recieved no reply.

I was under the impression that there was no ROFR on this property, although the ad stated it. Can someone confirm?
 

ocdb8r

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I noticed that the item was pulled form eBay. "The item is no longer available."

I sent a message asking about the unit but recieved no reply.

I was under the impression that there was no ROFR on this property, although the ad stated it. Can someone confirm?

There is no ROFR...most of the PCC sellers are clueless about the specifics and so they list it anyway. There is no ROFR for Bay Club and if they submit a ROFR to HGVC it will always be passed on.
 

GregT

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Can anyone confirm how far the walk is from Bay Club to the Hilton Waikoloa hotel? It looks like an easy walk, but you never can be sure?

From Google Earth, looks like approx 10 mins (especially if at the West end of the property, like Building 1 or 2).

I really like the pool at Hilton Waikoloa and don't mind pay the bucks to use the facility for a few days, but am curious if the walk is more challenging than it appears?

Please advise -- Bay Club does look like a great property.

Thanks!
 
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ocdb8r

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It's relatively easy and short...however, keep in mind that there is a regular shuttle that will take you there as well...and the pool pass gets you free self-parking at the hotel.

Bottom line, it's very easy to get over to enjoy the pools.
 

jehb2

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WE once stayed in bldg.1 when my husband was attending a conference at Hilton Waikoloa hotel. He was actually able to get from our Bay Club unit to the Hilton conference rooms faster then some of his collegues could get from their Hilton hotel rooms to the conference center. Plus we were able to get the Bay Club at open season rate which at the time was $60 a night. Room for the conference were $320.
 

rtf2017

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This my first post! Been detailing this board for a couple of weeks - thank you all for so much valuable information. Impressive! I hope I can contribute as I learn and get more involved.

So our situation is that we are in contract for a Bay Club, 2BR/LO for $6K, Platinum, annual, MF's 1250, thru an agent (Syed) who says Hilton has ROFR. Seems like this is at least a formality from what I read above. Sure hope this was a good purchase, price wise. comments appreciated! We are also looking for another unit for more Hilton points so am keeping an eye on the bargains postings.

BTW, does anyone know if there is a way to see just the new listings in TUG marketplace?
 

frank808

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This my first post! Been detailing this board for a couple of weeks - thank you all for so much valuable information. Impressive! I hope I can contribute as I learn and get more involved.

So our situation is that we are in contract for a Bay Club, 2BR/LO for $6K, Platinum, annual, MF's 1250, thru an agent (Syed) who says Hilton has ROFR. Seems like this is at least a formality from what I read above. Sure hope this was a good purchase, price wise. comments appreciated! We are also looking for another unit for more Hilton points so am keeping an eye on the bargains postings.

BTW, does anyone know if there is a way to see just the new listings in TUG marketplace?

You might want to check the estoppel letter. FYI no 2br units at the Bay Club in Waikoloa are lock out. Do not worry as Bay Club will all pass ROFR.
 

frank808

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I didn't know about this. Was this in the HGVC or Bay Club newsletter?

Just book a room at the hilton.com website. A message in red is at the top of the bookings page.
 

rtf2017

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You might want to check the estoppel letter. FYI no 2br units at the Bay Club in Waikoloa are lock out. Do not worry as Bay Club will all pass ROFR.

Thank you frank808, did not understand no LO...haven't received an estoppel letter as yet, paid $1K deposit only and deal is still in process. Any idea if the price seems reasonable?
 

ocdb8r

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Price seems high to me. Redweek has an annual week listed for $1800.00 (although the season says "med" whatever that translates to). Bi-annual weeks worth 7000 pts were going for under $1K (before transfer and closing costs) about a year ago. I know the market has improved a bit, but $6k for an annual seems rich to me.

This looks like the last completed eBay auction (which went for $2600).

http://www.ebay.com/itm/7-000-HGVC-...00619418181?pt=Timeshares&hash=item45fe504a45

These units don't seem to be coming up nearly as often as last year (assume it's because the special assesment is now completed), but I think with patience you could do much better.
 
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rtf2017

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thank you ocdb8r...looks to like the one u linked for me is an EOY, will see if I can do better. However may be too late? I've signed the agreement Oct 30, but in ROFR now w/ Hilton so I've been told.
 
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