Can someone explain the PIC program in a "for dummies" format please lol!

[FLTravs]

Very glad I found this forum. We recently bought in at retail(I know, I know) but we're fine with it. We didn't have to finance so the hit isn't quite as bad and there are some perks to buying direct that we'll likely enjoy.

We are not VIP, and not sure we see a huge amount of value in it, but I've read about the PIC program and how that can get you VIP status. If we're going to buy resale points at some point, might as well see if we can buy them in a way that can get us to VIP right? So, not interested in the 5 year PIC. But how do we identify resorts, if even possible, that would qualify for any sort of permanent points status applicable to VIP?

Thanks!

 

[tschwa2]

Before explaining, PIC requires at least at 49,000 retail point purchase which would be in the $16,000+ to enroll a single PIC week. To get to a meaningful VIP you would probably have to do 2 PIC's which would mean a 98,000 or more retail point purchase. Expect each PIC week to have around an $800-$1000+ MF's. You won't get unlimited HK credits regardless of level. So if all this sounds like something you would then the explanation will be next.

When you say recently, I am assuming you are past your rescission period. If that isn't the case, rescind and then start the PIC process with your initial process and you won't need that 2nd and/or 3rd retail purchase.

 

[FLTravs]

Before explaining, PIC requires at least at 49,000 retail point purchase which would be in the $16,000+ to enroll a single PIC week. To get to a meaningful VIP you would probably have to do 2 PIC's which would mean a 98,000 or more retail point purchase. Expect each PIC week to have around an $800-$1000+ MF's. You won't get unlimited HK credits regardless of level. So if all this sounds like something you would then the explanation will be next.

When you say recently, I am assuming you are past your rescission period. If that isn't the case, rescind and then start the PIC process with your initial process and you won't need that 2nd and/or 3rd retail purchase.

Yep, past rescission period. We're at 200,000 points right now. Interestingly enough we have a 1 year option to purchase another 100k for roughly 14k. So maybe it would be worth it to take advantage of that 1 year offer in conjunction with 1 PIC week since we'd have to buy more points anyway?

And thank you, we are familiar with MF's. The price of doing business long term with a timeshare.

 

[JerseyDeb]

Yep, past rescission period. We're at 200,000 points right now. Interestingly enough we have a 1 year option to purchase another 100k for roughly 14k. So maybe it would be worth it to take advantage of that 1 year offer in conjunction with 1 PIC week since we'd have to buy more points anyway?

And thank you, we are familiar with MF's. The price of doing business long term with a timeshare.

What resort sales office offered that? Seems pretty low for retail a resort sales office.

 

[tschwa2]

My suggestion is before you start hunting for resale timeshares to purchase to PIC, call wyndham and verify that you could use your offer to purchase and combine with a PIC week.
https://clubwyndham.wyndhamdestinat...en/owner-guide/resources/pic-plus-points.html

Above is the link to Wyndham's basic.
The best bank for your buck is a 3+ BR but some people chose a 2 BR because that is either what they already owned or one that they wanted to specifically use when not depositing for points with Wyndham.

The unit has to be eligible to deposit into an RCI weeks account. It can't be enrolled in RCI points or any other points program. Massanutten 3BR (Shenendoah Villas) and 4BR Woodstone, Summit, and Regal Vistas as well as Vacation Village at Williamsburg 4BR and the Colonies at Williamsburg are popular PIC weeks because they have MF's at or below $1000. Wyndham doesn't have a seasonal requirement but I suggest summer weeks 25-32 or ones that can float in the summer because when you want to get rid of them it will be easier. While float weeks work, I think fixed weeks are easier because you don't have to worry about reserving a week before you deposit. Ideal PIC's would also be someplace you wouldn't mind owning or using or renting out on years when you don't need the extra Wyndham points although many owners never set foot in their PIC'ed resorts so that one is just something to think about. You want to get the purchased resale week fully in your name and recognized by the resort before you start the PIC process. Some Wyndham agents may tell you that you don't have to wait because from the time you purchase you still have time before Wyndham will check the PIC week but if there is a problem with your resale purchase and it takes longer and wyndham can't verify the week then you purchased the points and have to PIC week. Resale through ebay or other sources can take as little as 4 weeks but the average is 8-12 weeks with some taking 16 weeks or even more. It isn't done until its done and that means the deed in your name and the resort recognizing you as the owner.

 

[FLTravs]

My suggestion is before you start hunting for resale timeshares to purchase to PIC, call wyndham and verify that you could use your offer to purchase and combine with a PIC week.
https://clubwyndham.wyndhamdestinat...en/owner-guide/resources/pic-plus-points.html

Above is the link to Wyndham's basic.
The best bank for your buck is a 3+ BR but some people chose a 2 BR because that is either what they already owned or one that they wanted to specifically use when not depositing for points with Wyndham.

The unit has to be eligible to deposit into an RCI weeks account. It can't be enrolled in RCI points or any other points program. Massanutten 3BR (Shenendoah Villas) and 4BR Woodstone, Summit, and Regal Vistas as well as Vacation Village at Williamsburg 4BR and the Colonies at Williamsburg are popular PIC weeks because they have MF's at or below $1000. Wyndham doesn't have a seasonal requirement but I suggest summer weeks 25-32 or ones that can float in the summer because when you want to get rid of them it will be easier. While float weeks work, I think fixed weeks are easier because you don't have to worry about reserving a week before you deposit. Ideal PIC's would also be someplace you wouldn't mind owning or using or renting out on years when you don't need the extra Wyndham points although many owners never set foot in their PIC'ed resorts so that one is just something to think about. You want to get the purchased resale week fully in your name and recognized by the resort before you start the PIC process. Some Wyndham agents may tell you that you don't have to wait because from the time you purchase you still have time before Wyndham will check the PIC week but if there is a problem with your resale purchase and it takes longer and wyndham can't verify the week then you purchased the points and have to PIC week. Resale through ebay or other sources can take as little as 4 weeks but the average is 8-12 weeks with some taking 16 weeks or even more. It isn't done until its done and that means the deed in your name and the resort recognizing you as the owner.

Thank you, exactly what I needed with a bonus of specific resorts to look at. The Williamsburg ones are appealing as we do like visiting there from time to time. Thanks again!

 

[dgalati]

Two PIC programs PIC Plus and PIC Express. A small developer purchase is required to enroll a PIC qualified property. Plus is the way to go Express is only good for only 5 years

PIC Plus Contract

Are you a Club Wyndham owner? Learn more about Personal Interval Choice Plus, which allows members to enroll non-Club Wyndham timeshare weeks to be applied their VIP status.

clubwyndham.wyndhamdestinations.com

PIC Express Contract

Are you a Club Wyndham owner? Learn more about Personal Interval Choice Express, which allows members to enroll non-Club Wyndham timeshare weeks to be applied their VIP status.

clubwyndham.wyndhamdestinations.com

 

[cbyrne1174]

Yep, past rescission period. We're at 200,000 points right now. Interestingly enough we have a 1 year option to purchase another 100k for roughly 14k. So maybe it would be worth it to take advantage of that 1 year offer in conjunction with 1 PIC week since we'd have to buy more points anyway?

And thank you, we are familiar with MF's. The price of doing business long term with a timeshare.

The only thing that makes sense for you would be to get two 3 bedroom PIC's for an extra 508,000 points (254,000 each) and buy another 100k retail points to get to VIP Gold (200k + 100k + 500k = 800k) or just stick with the 200k.

 

[FLTravs]

The only thing that makes sense for you would be to get two 3 bedroom PIC's for an extra 508,000 points (254,000 each) and buy another 100k retail points to get to VIP Gold (200k + 100k + 500k = 800k) or just stick with the 200k.

That's what I was thinking. Do we need separate purchases of retail for each PIC?

 

[cbyrne1174]

That's what I was thinking. Do we need separate purchases of retail for each PIC?

No, just two PICs. They have to trade into RCI weeks and not be part of a points program. The 3 Bedrooms at Massanutten have cheap MF. Make sure you double check with Wyndham that they will accept the PICs before getting them.

 

[tschwa2]

That's what I was thinking. Do we need separate purchases of retail for each PIC?

If you are purchasing more than 98,000 points you can do 2 with that single purchase.

 

[HitchHiker71]

Here’s a good article explaining the PIC program:

The Wyndham PIC Program

Q: What is the PIC Program and how can it save me money on VIP? PIC stands for Personal Interval Choice. The directory explains more, but this is the nutshell version. If you have a qua…

wyndhamexperts.org

Another article on considering VIP:

Should I go VIP?

Q. Do I need VIP status? A. I’m sure that the customer service rep (aka salesperson) talked to you about the VIP program. If you got a decent salesperson, he probably gave it to you straight and sa…

wyndhamexperts.org

Happy reading!


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[paxsarah]

If you are purchasing more than 98,000 points you can do 2 with that single purchase.

And your retail cost per 1,000 points will probably be lower with one larger (likely 105,000 point) purchase than a 49,000 point purchase.

 

[JerseyDeb]

And your retail cost per 1,000 points will probably be lower with one larger (likely 105,000 point) purchase than a 49,000 point purchase.

I have read here telesales is the way to go. Does that require an all cash purchase at the time of sale? Also, how does one get in touch with tekesales?

 

[bendadin]

I've got a great rep in the Vegas office. PM me if you are interested. They were doing a same as cash promo until November when I bought last month. So I just stuck it on there and it will be paid off before November. On my purchase in November, I just stuck it on Wyndham Rewards cards to get the 6 months no interest. You can do a balance transfer after each of these grace periods run out.

 

[troy12n]

What's the story with Massanutten? I always see these for cheap. That's usually a HUGE red flag. Never been, looks like the units vary from really dated(like, unupdated since built in the 70's), to fairly modern or at least recently refurbished.

I've driven through the area several times, and am familiar with the area, but never stayed there.

I'm concerned that people are always looking to dump weeks from here. Is the place financially solvent? Any risks of assessments due to insolvency or something else?

 

[cbyrne1174]

What's the story with Massanutten? I always see these for cheap. That's usually a HUGE red flag. Never been, looks like the units vary from really dated(like, unupdated since built in the 70's), to fairly modern or at least recently refurbished.

I've driven through the area several times, and am familiar with the area, but never stayed there.

I'm concerned that people are always looking to dump weeks from here. Is the place financially solvent? Any risks of assessments due to insolvency or something else?

My guess is that it's just because it's a HUGE resort. It's the same logic as "why do I always see Bonnet Creek contracts on Ebay?" I don't think it has 1100 units like BC does, but it's still pretty big and super old. People who bought when they had a family would now be too old to travel.

 

[Richelle]

What's the story with Massanutten? I always see these for cheap. That's usually a HUGE red flag. Never been, looks like the units vary from really dated(like, unupdated since built in the 70's), to fairly modern or at least recently refurbished.

I've driven through the area several times, and am familiar with the area, but never stayed there.

I'm concerned that people are always looking to dump weeks from here. Is the place financially solvent? Any risks of assessments due to insolvency or something else?

My best guess is, that many of the original owners are either divesting or have passed away. The resort is 40 years old. I assume the same would happen with other resorts that are the same age and as large.


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