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Bluegreen resale

mwwich

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Hello. Has anyone had recent experience at purchasing Bluegreen points resale and at what price point they will not enforce their right of first refusal? IE: how low can you go with an offer?

Secondly, has anyone purchased the bare minimum points package direct from Bluegreen to get the club benefits and then added resale points to that purchase and used both together for a bigger point balance? Has this worked well for you?

Thank you.
 
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I’ve tried to purchase several since last year exclusively on eBay for as little as 10.50 and as high as almost 1000 with the points ranging from 7000 to 14,000 annual points. BG exercised ROFR on all of them. I’m currently trying a private sale to see if it ends differently.
 

jstravel2020

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I am currently one of the hybrid owners. I purchased 30K points all resale for less than $1,000 total, note to date 2 have passed ROFR while 4 have failed. Price really doesn't seem to be a factor and it seems to take time.

We then added 3K points to pickup the charter benefits. So far in our first year we have had over 10 trips with the membership and really enjoying it. The benefits picked up was access to bonus time at all locations as well as access to the Coast to Coast RV parks as we still do a fair amount of camping as well.

As for our next steps, if we add more points, it would be through the resale market but still trying to find that sweet spot on the number of points we want to use yearly and the amount of maintenance fees we are willing to pay.
 

mwwich

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I’ve tried to purchase several since last year exclusively on eBay for as little as 10.50 and as high as almost 1000 with the points ranging from 7000 to 14,000 annual points. BG exercised ROFR on all of them. I’m currently trying a private sale to see if it ends differently.

Thanks for the reply.
 

mwwich

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I am currently one of the hybrid owners. I purchased 30K points all resale for less than $1,000 total, note to date 2 have passed ROFR while 4 have failed. Price really doesn't seem to be a factor and it seems to take time.

We then added 3K points to pickup the charter benefits. So far in our first year we have had over 10 trips with the membership and really enjoying it. The benefits picked up was access to bonus time at all locations as well as access to the Coast to Coast RV parks as we still do a fair amount of camping as well.

As for our next steps, if we add more points, it would be through the resale market but still trying to find that sweet spot on the number of points we want to use yearly and the amount of maintenance fees we are willing to pay.

Thanks for the reply. That is our plan as well....we'll see how it goes. Have you bought resale's from Pinnacle which seems to be BlueGreen's preferred reseller?
 

jstravel2020

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Thanks for the reply. That is our plan as well....we'll see how it goes. Have you bought resale's from Pinnacle which seems to be BlueGreen's preferred reseller?

Not yet, would consider it if they had the right package, the price is higher normally than eBay or TUG, but it does bypass ROFR.

One thing to keep in mind with them, I believe they have a minimum price of $2,000 and fees are around $700, so really anything under about 25K points would be hard for me to justify the price just to bypass ROFR.
 
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Not yet, would consider it if they had the right package, the price is higher normally than eBay or TUG, but it does bypass ROFR.

One thing to keep in mind with them, I believe they have a minimum price of $2,000 and fees are around $700, so really anything under about 25K points would be hard for me to justify the price just to bypass ROFR.

I have heard that all offers will be presented to owners so I guess it wouldn't hurt to go lower than the 2K would it? If they want out of BG that badly, they might accept a lower price unless Pinnacle forbids it?
 

jstravel2020

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I have heard that all offers will be presented to owners so I guess it wouldn't hurt to go lower than the 2K would it? If they want out of BG that badly, they might accept a lower price unless Pinnacle forbids it?
I'm sure it couldn't hurt to try anyway, I believe the 2k comes from the Pinnacle Commission, so maybe if you could get the seller to pay part of that, you could go lower, but really would be a question with for the Pinnacle rep.
 

GrayFal

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I have heard that all offers will be presented to owners so I guess it wouldn't hurt to go lower than the 2K would it? If they want out of BG that badly, they might accept a lower price unless Pinnacle forbids it?
I have offered less and people have accepted the offer.
They are just looking to get out of their ownership. They end up paying the balance to Pinnacle. So it never hurts to offer less
 
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I just had BG exercise their ROFR on a fourth deed I was trying to buy in 2021. I'm beginning to think regardless of price; it might be my location (Boyne or Christmas Mountain Village) of choice that is the main sticking point!
 

jstravel2020

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I just had BG exercise their ROFR on a fourth deed I was trying to buy in 2021. I'm beginning to think regardless of price; it might be my location (Boyne or Christmas Mountain Village) of choice that is the main sticking point!
Thinking it might just be they are exercising ROFR at a higher frequency. In 2020 I had 2 pass and 2 fail. This year tried a few more and they all failed so far.

I was thinking that Christmas Mountain Village was one of the easier ones to get to pass, at least that was what I saw last year. The one I had pass was something like 20K points for $375 including transfer fees.
 
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Thinking it might just be they are exercising ROFR at a higher frequency. In 2020 I had 2 pass and 2 fail. This year tried a few more and they all failed so far.

I was thinking that Christmas Mountain Village was one of the easier ones to get to pass, at least that was what I saw last year. The one I had pass was something like 20K points for $375 including transfer fees.

That's good to read; I was beginning to think someone in sales hated me. I guess that still might be the case. BG must think they will have a sale bonanza this summer due to pent-up demand and who knows, maybe they are right.
 

mwwich

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We ended up buying a small package at Big Cedar to get the full benefits (12K every other year) and then added 46K EOY from Pinnacle for $3500 total with 37K points not used for 2021-22 which the MF's are already paid. A bit more than we wanted to pay however we put in several lower offers via Pinnacle that were refused by the sellers. And we didn't want to go through the route of continued making deals and having them ROFR'd so the convenience of Pinnacle is worth something to us.
 
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We ended up buying a small package at Big Cedar to get the full benefits (12K every other year) and then added 46K EOY from Pinnacle for $3500 total with 37K points not used for 2021-22 which the MF's are already paid. A bit more than we wanted to pay however we put in several lower offers via Pinnacle that were refused by the sellers. And we didn't want to go through the route of continued making deals and having them ROFR'd so the convenience of Pinnacle is worth something to us.

I'm beginning to think Pinnacle will be in our future as well.
 

GrayFal

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I'm beginning to think Pinnacle will be in our future as well.
Bluegreen is pretty much forcing you to buy thru Pinnacle. 8-9 out of 10 people are getting ROFR exercised since early 2021
 
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Bluegreen is pretty much forcing you to buy thru Pinnacle. 8-9 out of 10 people are getting ROFR exercised since early 2021

That appears accurate. I can't ever get the pinnacle website to function; what BG location has the cheapest points per dollar and is there one location that has charter benefits cheaper?
 

TimeshareTraveller

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We then added 3K points to pickup the charter benefits. So far in our first year we have had over 10 trips with the membership and really enjoying it. The benefits picked up was access to bonus time at all locations as well as access to the Coast to Coast RV parks as we still do a fair amount of camping as well.

Holy SMOKES!!!!! I did not KNOW that Coast-to-Coast RV parks was part of the Charter Membership offerings. I'd actually asked what was in Charter, but the only response was 'bonus time at other resorts other than your home resort'. And a lot of discussion on how to get Charter Points which was awesome, but didn't quite get to the heart of that question.

What other Charter Membership things are bundled into that? Bonus time at non-home resorts. Access to the RV parks. Any other goodies? I really have no idea what's in Charter membership.
 
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