Hi.
At Surfwatch currently and did the presentation. It went fine and anytime I wanted to bring up any knowledge I thought I had I was promptly met with me being incorrect. An example would be I commented that the Ritz Vacation Product Program was a disaster for many that bought into it. The response was most owners had no idea what they were purchasing. Anyway, their gaffe is my gain as being in MVC.
Here are some stats for anyone's that may care. Points are now at 12.66 and they expect an increase in September and in 2-3 years to be at $15 pp.
I "need" 3,500 to get to the Presidential level so that was kind of the focus. I have to say that I was surprised my wife felt a scare tactic (I don't think that was the case) at the inference that the trust will grow and grow where getting access to resorts will be a challenge. Not today but in the future.
They talked about how their focus will be in creating TS within their existing properties and I said "like Mayflower, San Diego and eventually South Beach, right?" I am no expert which is why when I read SueDon, Puck and Greg I laugh because I only understand 20% of what they are saying.
They offered incentives of 250K reward points or 2500 trust points at the break of ultimately $10.12 pp. I would be a hybrid owner where I can uses my points but have one foot in the door and priority within trust properties.
The cooler came in who doesn't make commission but was there because the spin off company and as a service to the shareholders and to ensure that the spin off company is very concerned that owners like me are aware, informed and won't say I told you so when later on the boat has sailed and points are at $15 or beyond.
They apparently are going to have some announcements in the fall and are in the midst of building a 12 million sales facility in HHI that will be their new base of sales in this area. They are also building private villas in HHI that will only be accessible to trust owners.
So I passed on it because while I know points will go up and not down, I don't view the trust as a threat today but maybe I am clueless.
Plus their interest rate is a ridiculous 13.99 or a little lower depending on what option I go with. I could get money cheaper obviously but not sure it's worth the hassle factor.
I could'nt reconcile dropping $35,420 on it (started at $44,310) today.
Would love feedback. Thanks
At Surfwatch currently and did the presentation. It went fine and anytime I wanted to bring up any knowledge I thought I had I was promptly met with me being incorrect. An example would be I commented that the Ritz Vacation Product Program was a disaster for many that bought into it. The response was most owners had no idea what they were purchasing. Anyway, their gaffe is my gain as being in MVC.
Here are some stats for anyone's that may care. Points are now at 12.66 and they expect an increase in September and in 2-3 years to be at $15 pp.
I "need" 3,500 to get to the Presidential level so that was kind of the focus. I have to say that I was surprised my wife felt a scare tactic (I don't think that was the case) at the inference that the trust will grow and grow where getting access to resorts will be a challenge. Not today but in the future.
They talked about how their focus will be in creating TS within their existing properties and I said "like Mayflower, San Diego and eventually South Beach, right?" I am no expert which is why when I read SueDon, Puck and Greg I laugh because I only understand 20% of what they are saying.
They offered incentives of 250K reward points or 2500 trust points at the break of ultimately $10.12 pp. I would be a hybrid owner where I can uses my points but have one foot in the door and priority within trust properties.
The cooler came in who doesn't make commission but was there because the spin off company and as a service to the shareholders and to ensure that the spin off company is very concerned that owners like me are aware, informed and won't say I told you so when later on the boat has sailed and points are at $15 or beyond.
They apparently are going to have some announcements in the fall and are in the midst of building a 12 million sales facility in HHI that will be their new base of sales in this area. They are also building private villas in HHI that will only be accessible to trust owners.
So I passed on it because while I know points will go up and not down, I don't view the trust as a threat today but maybe I am clueless.
Plus their interest rate is a ridiculous 13.99 or a little lower depending on what option I go with. I could get money cheaper obviously but not sure it's worth the hassle factor.
I could'nt reconcile dropping $35,420 on it (started at $44,310) today.
Would love feedback. Thanks
