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Best price per point from developer and strategy for elite status?

Mongoose

TUG Member
Joined
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Location
Colorado
Resorts Owned
Hyatt Pinion Pointe, HGVC The Bay Club, HGVC Elara, Worldmark
So i'm heading to Scottsdale in a couple of weeks and am thinking about seeing if I can work a deal for 30,000 points to get me elite status for my 272,000 point I bought through resale.

What should be the target price per point $0.20 for basic and $0.30 for Signature?
Will they work a deal to give me signature access to all my points if I buy 30,000 Signature?

Anything else I should ask for or consider?
 

tony_i

TUG Member
Joined
Apr 17, 2019
Messages
310
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153
Location
Texas
Resorts Owned
HICV, WM, Elara
So i'm heading to Scottsdale in a couple of weeks and am thinking about seeing if I can work a deal for 30,000 points to get me elite status for my 272,000 point I bought through resale.

What should be the target price per point $0.20 for basic and $0.30 for Signature?
Will they work a deal to give me signature access to all my points if I buy 30,000 Signature?

Anything else I should ask for or consider?

They will sell you anything, but it is not cheap to convert resale units anymore.

I was offered .15 regular land trust points when I was at orange lake, and I was offered signature points first at around .30.

.25 signature appears to be the lowest that they would sell, and .18 was the lowest signature I have heard with a tradein of regular deed/land trust points.

I would recommend you go in the update with only the bonus offer in mind. I got $150 I think.
Let them do their presentation, keeps answers short, and never mention anything about elite status.
Do show that you know the system, that you are not a regular owner. (They will know too by looking at your deeds).
They will review your deeds and will probably make an offer to buy your resales. They might tell you they are worthless, they will you offer you either 300k or 500k land trust points with a 20k-40k credit for your deeds, and they might even include the percentage rate for a loan, and payments schedule in the offer.
This is the time to say no thank you and be ready to walk away. A manager might come say hi.
Now you can tell them that the elite status appeals to you but not at those prices. They will review their options and come back with some offer, this is when you should start negociating if what they offer is something close to what you are willing to pay. If not close, just walk away. They (supposedly) keep a record of offers they have made, so hopefully you get a better offer next time or when they are in need to sell something.

The above is based on my personal experience, good luck!


Sent from my iPhone using Tapatalk
 

Bmatrose

TUG Member
Joined
Apr 1, 2016
Messages
375
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Points
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Resorts Owned
HICV Elite
Elite Status is at 1 Million Points
 

Mongoose

TUG Member
Joined
Mar 15, 2012
Messages
2,214
Reaction score
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Points
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Location
Colorado
Resorts Owned
Hyatt Pinion Pointe, HGVC The Bay Club, HGVC Elara, Worldmark
Elite Status is at 1 Million Points
You're right. I was thinking IHG elite status where they have Gold, Platinum and Spire.
 
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