TolmiePeak
TUG Member
- Joined
- Dec 16, 2023
- Messages
- 991
- Reaction score
- 800
- Location
- Seattle
- Resorts Owned
- MVC Waiohai Beach Club, HGVC Boulevard, HGVC Elara
So at the end of the day how much did it cost you to get to your level of status and how much does the status benefit you per year?Husker is right. No resales, regardless of where or how they are purchased will go towards Max status level. However, you can use resale deeds to “trade in” for a retail purchase. In some cases, this can knock the retail price in the ballpark of a resale purchase. They give you credit for what those particular resale deeds actually sold for retail. For instance, I traded in resale deed from 8000 points HCNY that I got on EBay for $10 (minus closing, and activation fees) and they credited me $41K. They credited me $90K for a double studio platinum W57 deed that I bought for $4500 on EBay. They have no way of knowing what you paid resale for the deeds. It is a nice way to get a desirable ownership that you could never find on the resale market for significantly less than the retail price and move up in Max status as a result. It’s not for everybody and there are some location deeds that they will not take back. And the strategy definitely requires “new money” but with more favorable dollar cost averaging.
Sean