Fairfield points - trying to understand

[Pit]

Just when I thought I understood the FF points chart, I see this listing on ebay...

http://cgi.ebay.com/308-000-ANNUAL-Fairfield-LAS-VEGAS-Timeshare-Deed_W0QQitemZ4435943823QQcategoryZ15897QQrdZ1QQcmdZViewItem

I'm not interested in the listing. However, it states that the timeshare is 308,000 points. When I look at the FF points chart posted here on tug, the Las Vegas unit would appear to be valued at no more than 203,000.

One of the photos posted in the ebay listing shows additional room configurations and point values, but none of them are 308,000.

What am I missing?

 

[BocaBum99]

308000 points = 154000 * 2 which is 2 weeks in a 1br deluxe unit at Grand Desert. That's what it's deeded as.

 

[Pit]

Thanks. Makes sense. But, how did you know that it is 2 weeks? I don't see that in the listing. Did you infer that from the point value?

 

[EAM]

FSP contracts usually (not always) correspond to week

FSP point contracts usually (but not always) correspond to the number of points needed to reserve one or more weeks at a particular resort during a particular season. However, occasionally there may be points contracts sold for odd lots of points, and the owners may be disappointed to learn that they cannot make an ARP (13 month) reservation for a week at the resort they own with the points they own.

 

[BocaBum99]

Thanks. Makes sense. But, how did you know that it is 2 weeks? I don't see that in the listing. Did you infer that from the point value?

All Fairfield Fairshare Plus points are deeded in a way that it equates to time intervals in the resort it's deeded at. This is to ensure that a resort developer does NOT oversell capacity at the resort. All points outstanding need to correspond to the number of points to reserve every week in the resort. No more, no less.

308000 is a very popular VIP level package at Fairfield. In many resorts it equates roughly to 2 weeks in a 2 bedroom unit red time. At Grand Desert, it's only a 1 bedroom deluxe in prime time.

 

[EAM]

All Fairfield Fairshare Plus points are deeded in a way that it equates to time intervals in the resort it's deeded at. This is to ensure that a resort developer does NOT oversell capacity at the resort. All points outstanding need to correspond to the number of points to reserve every week in the resort. No more, no less.
QUOTE]

I know of one instance in which Fairfield sold a set of 49K points at Fairfield Pagosa at Peregrine Townhomes. Although 49K corresponds to a 1BR Suite during Value Time at the older parts of Pagosa, 63K is the minimum to reserve a week at Peregrine. I suspect this situation arose when they had two buyers who were both resisting purchasing very many points and they sold part of a week to one buyer and part of a week to another. I agree that it all has to add up to real time intervals in some way.