Grandview - What am I missing here?

[hypnotiq]

So I remember reading on numerous occassions that the Grandview Resort is good because it has a good MF fee to points value.

http://www.ebay.com/itm/140698788606

This auction went for nearly $2k.

Was this a really good deal or did it just get carried away in bidding?

 

[rickandcindy23]

It was a decent deal, I guess. The bidding seems a bit high for anything in RCI Points on eBay.

The fees are motivation for some to pay more for it, but I worry about fees increasing after the purchase. Not that it always happens that way.

I wouldn't pay that much, but I know of ways to get a lot of RCI Points in PFD for cheap $$. So I stick with my very expensive RCI Points and reduce the price by depositing a couple of weeks for PFD.

 

[RX8]

I think the 122,000 RCI points are the highest for this resort. Fees are the same so the higher number of RCI points the better. Another 122,000 point went for $3,000 on eBay. A 98,000 point package sold for $661.

I was offered a 80,000 RCI point Grandview by the developer for almost $50,000. And it was presented with a straight face!

 

[AwayWeGo]

That's About The Size Of It.

I think the 122,000 RCI points are the highest for this resort. Fees are the same so the higher number of RCI points the better. Another 122,000 point went for $3,000 on eBay. A 98,000 point package sold for $661.

During a sales pitch out there in October 2011 (which we took just for the freebies), a timeshare seller showed us a chart indicating 4 demand-based points levels for Grandview At Last Vegas units. The top annual 2BR points value shown was 122,000.

By contrast, Vacation Village At Parkway (another link in the same corporate chain) has 3 demand-based points levels.

There are some 1BR Grandview deeds floating around out there on the resale market, including a some biennials & a few triennials that are already converted to points.

The Grandview timeshare seller claimed that resale units don't stay in points, that they revert to straight weeks upon resale.

I think that's bunk.

At Vacation Village At Parkway, I know that's bunk. Our Vacation Village At Parkway triennial 2BR unit (worth 30,833 points annually) stayed converted when we bought it resale via eBay. The Grandview timeshare seller got visibly steamed when I told him that.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 

[rickandcindy23]

At Vacation Village At Parkway, I know that's bunk. Our Vacation Village At Parkway triennial 2BR unit (worth 30,833 points annually) stayed converted when we bought it resale via eBay. The Grandview timeshare seller got visibly steamed when I told him that.

Well, if I could make a salesman angry like that, the timeshare presentations would be a lot more fun, but alas, they aren't fun, they are a lot of aggravation, so I no longer go.

The last one was a Marriott, and it was the WORST.

 

[ampaholic]

122,000 points for under $700 MF is a real good ratio - so of course there is pent up demand for such.

This pent up demand translates into people trying to jostle into the front of the line - and on eBay that translates into higher and higher bids.

so general rule of thumb:

2 cents per point = you have to pay to get rid of it.

1.5 cent per point = you give it away for free plus pay closing.

1 cent per point = you give it away for free and "buyer" pays closing

.5 cent per point = lots of bids (19) - buyer pays dearly AND pays exorbitant closing

0 cent per point = na na naah - aint gonna happen.

simple math at work

 

[AwayWeGo]

We're Trying To Cut Down.

Well, if I could make a salesman angry like that, the timeshare presentations would be a lot more fun, but alas, they aren't fun, they are a lot of aggravation, so I no longer go.

We didn't go on any during our 2-week timeshare vacation in Kissimmee FL last month.

Maybe next time, I don't know.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 

[rickandcindy23]

We didn't go on any during our 2-week timeshare vacation in Kissimmee FL last month.

Maybe next time, I don't know.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

Do you enjoy them? Who does the talking? Rick says I ask too many questions, and that is what gets us the long presentations.

I want to go to a Bluegreen one sometime, so I could learn a bit, but I don't know how to tell what is lies and what is fact. :rofl:

I am thinking of a presentation at the Fountains in a few months. Maybe we will just sit through one and see what we can glean from it. Probably nothing much.

 

[SOS8260456]

Rick says I ask too many questions, and that is what gets us the long presentations.

LOL- My husband, Mike, says I do the same thing. I usually come out of those meetings with black and blue shins........

Lisa

 

[AwayWeGo]

If Their Lips Are Moving, Chances Are They're Stretching The Truth.

I don't know how to tell what is lies and what is fact.

Enjoyment does not precisely describe the experience, even when we come away with some slight sense of satisfaction over skinning the high-pressure operators out of the promised freebies.

We both talk too much. The Chief Of Staff thinks my attempts to generate engaging conversation merely prolong the encounters.

By contrast, I think that The Chief Of Staff's feigned interest has the effect of encouraging the timeshare sellers, causing them to lengthen & intensify their efforts. (Once or twice, though, she was just about to whip out her checkbook before she came to her senses & told'm No Thanks.)

I am training myself to sit there with a semi-bored expression, saying little, responding mainly in grunts, answering questions only by nods of the head with a slight rolling motion added, etc.

I have not yet perfected that routine.

So it goes.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 

[hypnotiq]

Heres another one, lets see how high this one goes.
http://www.ebay.com/itm/122-000-RCI...10819828361?pt=Timeshares&hash=item19cd606289

 

[hypnotiq]

Damn, now the 1st one doesnt seem so bad.

This one went for $4250 + $1308 in closing costs/transfer fees/2012 MF fees.

 

[jasavak]

I bought an 80,000 point Grandview

Damn, now the 1st one doesnt seem so bad.

This one went for $4250 + $1308 in closing costs/transfer fees/2012 MF fees.

I bought an 80,000 point Grandview for $500 on ebay a few months ago .

The 122,000 points is a better plan , but I'm not sure about $3,700 better . The RCI points are usually available at a penny per point so the extra 42,000 points can be bought for $420 . $3700 will take 9 years to break even . Hmm, I guess the $2,000 does really seem like a pretty decent deal because you can sell or use the extra 42,000 points for $420 every year . It sure beats paying the $70,000 dollars the developer charges .

 

[SOS8260456]

and it is funny that one sat several times with a minimmum bid of $2,997. It was actually relisted twice. Someone could have grabbed that one instead of getting in a bidding war on these last few that started at $1 and then went for over 3k.

 

[prickler]

I haven't seen the 122,000 point grandview deed go for less than about $2500 with closing costs included in the year and a half I've been following these on eBay. Some have even gone up to $5000. I think anything below $2,000 is a good deal as long as the m/f to point ratio stays in the same ball park and you can exchange it for at least the next 5+ years.

 

[catwgirl]

I was just at a Grandview presentation. They are now selling 161,000 point packages. Un freakin believable.

 

[Chilcotin]

98000 Point Grandview

In September 2011 I bought a 98000 point timeshare from Sumday Vacations (off their website not an ebay listing) for $773. This included all closing costs; except the RCI points membership fee. Much to my surprise when I was closing it also included the 98000 points for 2011 and I didn't have to reimburse the MF of $677 so in essence I just paid $96 for the timeshare.

So far, I've used my points for 8 nights in summer 2012 for a resort a four hour drive from my home and seven nights on Hawaii in January 2013. Hoping to also go to Arizona in the fall of 2012.

Alan, the points did not resort back to weeks on the resale.

 

[Free2Roam]

... I want to go to a Bluegreen one sometime, so I could learn a bit, but I don't know how to tell what is lies and what is fact. :rofl:

I am thinking of a presentation at the Fountains in a few months. Maybe we will just sit through one and see what we can glean from it. Probably nothing much.

Checkout the Bluegreen yahoo group. I joined after I purchased Shore Crest I in Myrtle Beach last year. Lots of good Bluegreen-specific information.

 

[bluetas77]

During a sales pitch out there in October 2011 (which we took just for the freebies), a timeshare seller showed us a chart indicating 4 demand-based points levels for Grandview At Last Vegas units. The top annual 2BR points value shown was 122,000.

By contrast, Vacation Village At Parkway (another link in the same corporate chain) has 3 demand-based points levels.

There are some 1BR Grandview deeds floating around out there on the resale market, including a some biennials & a few triennials that are already converted to points.

The Grandview timeshare seller claimed that resale units don't stay in points, that they revert to straight weeks upon resale.

I think that's bunk.

At Vacation Village At Parkway, I know that's bunk. Our Vacation Village At Parkway triennial 2BR unit (worth 30,833 points annually) stayed converted when we bought it resale via eBay. The Grandview timeshare seller got visibly steamed when I told him that.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

We bought a 1bdrm (48 000) annual points, with MF of $380 two years ago from Ebay and the points transferred from the previous owner to us with no problems. So unless something has changed, I think if you buy resale with points units, the points transfer.

 

[AwayWeGo]

You Are Correct, Sir.

I think if you buy resale with points units, the points transfer.

Same here. The timeshare seller was merely perturbed because part of his shuck & jive was exposed as the baloney that it is.

Meanwhile, we recently acquired an el freebo 1BR Grandview At Las Vegas points unit that's still in points now that our names are on the deed & the Grandview ownership roll.

-- Alan Cole, McLean (Fairfax County), Virgina, USA.​

 

[Quadmaniac]

Mistake ???

http://www.ebay.com/itm/150-000-RCI...20965755262?pt=Timeshares&hash=item1c2a1ef17e

Taking into account what is considered a good deal, this seems to be a steal of a deal, but it just doesn't seem right having 150,000 points a year for $473 maintenance and I see people giving this timeshare away. What am I missing here ????

Thanks

 

[bogey21]

I don't own at Grandview and never have. On the other hand I traded into Grandview on a number of occasions. IMO buying Grandview resale can be a very good decision.

George

 

[ampaholic]

http://www.ebay.com/itm/150-000-RCI...20965755262?pt=Timeshares&hash=item1c2a1ef17e

Taking into account what is considered a good deal, this seems to be a steal of a deal, but it just doesn't seem right having 150,000 points a year for $473 maintenance and I see people giving this timeshare away. What am I missing here ????

Thanks

Celebrity (Legacy) has sold a number of RCI Points contracts that are with a certain person - NOT a certain property. They were a large up front fee and a sort of bonus pack they were experimenting with and they were (are) NON-TRANSFERABLE.

Be aware that this might be what this PCC is inadvertently selling.

I bought one (85,000 points) and after 8 months of fighting I finally got the PCC to get Legacy to honor the transfer just to me. If I try to sell it I can only sell the underlying week 50 (blue, blue, blue) and it will need "re-converted" to RCI Points and only be worth 32,000 points to the new buyer - crap.

 

[Quadmaniac]

Celebrity (Legacy) has sold a number of RCI Points contracts that are with a certain person - NOT a certain property. They were a large up front fee and a sort of bonus pack they were experimenting with and they were (are) NON-TRANSFERABLE.

Be aware that this might be what this PCC is inadvertently selling.

I bought one (85,000 points) and after 8 months of fighting I finally got the PCC to get Legacy to honor the transfer just to me. If I try to sell it I can only sell the underlying week 50 (blue, blue, blue) and it will need "re-converted" to RCI Points and only be worth 32,000 points to the new buyer - crap.

I was thinking something looked fishy as I would have thought someone would have picked up on this if it was a good point to MF TS and could not find consistency in size/season/points when I searched resales.

Thanks for the heads up

Edit :

Is it worthwhile having an RCI points TS and join RCI when I already have II ? I am at the point that I have enough weeks for what I need, but after reading about the Grandview and researching how much it costs to book a week via RCI points if you get a good MF vs Points, is it worthwhile for the extra expense and getting a RCI point TS ?

I can see the benefits and flexibility RCI points gives you with greater selection of resorts, options for number of days, just not as high quality as the ones in II. Anyone else in that boat ? It seems like trading costs are slight lower for a week using RCI points.

 

[Ridewithme38]

With RCI Weeks, if you have 60TPU's you can pretty much get any week you want, anytime you want....Is there an equivalent number for RCI Points?