• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG has now saved timeshare owners more than $14,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $14 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

What benefits do HICV resale buyers lose?

Mongoose

Guest
Joined
Mar 15, 2012
Messages
205
Reaction score
95
Points
88
Location
United States
I have three points units I bought on the resale market a while back. I've recently moved out West and there are limited options. I'm considering if I should dump 1 or 2 of them. The units are Gatlinburg, Myrtle Beach, and Lake Geneva. At the same time I'm looking at pickup up a Hyatt Pinon Pointe resort. They have more options in CO and AZ. In researching these, I note that with Hyatt, I lose the benefit of being able to transfer points to their World Of Hyatt program. That made me ask, are there any benefits I lose when buying these points from HICV on resale. I know I don't get elite status, but beyond that are there any benefits I'm losing as a resale buyer of points properties?
 

Bmatrose

TUG Member
Joined
Apr 1, 2016
Messages
178
Reaction score
50
Points
88
Resorts Owned
HICV Elite
The same benefits you didnt get when you bought are the same the benefits the next buyer will get. Status Levels are the main thing. How many points at each do you own?
 

Tank

TUG Member
Joined
Oct 17, 2014
Messages
1,007
Reaction score
1,134
Points
273
Location
Northern Ohio
Not really limited if you take into consideration RCI. That's 5000 other locations.
Using your points from HICV on our online websight there is a link to RCI it converts for you. It's a 2 to 1 ratio if you see a RCI vacation for example 75,000 RCI points would take 150,000 HICV points.

Dave
 

Mongoose

Guest
Joined
Mar 15, 2012
Messages
205
Reaction score
95
Points
88
Location
United States
The same benefits you didnt get when you bought are the same the benefits the next buyer will get. Status Levels are the main thing. How many points at each do you own?
150K at South Beach, 107K at Smoky Mountain and 15K at Lake Geneva. Not sure if its worth the hassle to give back the Lake Geneva. Its MF are $120 per year.
 

Bmatrose

TUG Member
Joined
Apr 1, 2016
Messages
178
Reaction score
50
Points
88
Resorts Owned
HICV Elite
150K at South Beach, 107K at Smoky Mountain and 15K at Lake Geneva. Not sure if its worth the hassle to give back the Lake Geneva. Its MF are $120 per year.
whats the maintenance on the south beach?
 

Tank

TUG Member
Joined
Oct 17, 2014
Messages
1,007
Reaction score
1,134
Points
273
Location
Northern Ohio
Why would you have bought the Lake Geneva?
Normally that was one they made one buy to bring other weeks to the point system back in the day.

The south beach is worth the most, and most likely to be taken back if goes to low.
Than Gatlinburg
 

Mongoose

Guest
Joined
Mar 15, 2012
Messages
205
Reaction score
95
Points
88
Location
United States
Why would you have bought the Lake Geneva?
Normally that was one they made one buy to bring other weeks to the point system back in the day.

The south beach is worth the most, and most likely to be taken back if goes to low.
Than Gatlinburg
It was $1 and they covered closing costs.
 

tony_i

TUG Member
Joined
Apr 17, 2019
Messages
187
Reaction score
85
Points
88
Location
Texas
Resorts Owned
HICV, WM, Elara
I have three points units I bought on the resale market a while back. I've recently moved out West and there are limited options. I'm considering if I should dump 1 or 2 of them. The units are Gatlinburg, Myrtle Beach, and Lake Geneva. At the same time I'm looking at pickup up a Hyatt Pinon Pointe resort. They have more options in CO and AZ. In researching these, I note that with Hyatt, I lose the benefit of being able to transfer points to their World Of Hyatt program. That made me ask, are there any benefits I lose when buying these points from HICV on resale. I know I don't get elite status, but beyond that are there any benefits I'm losing as a resale buyer of points properties?
I would recommend you offer them all together to get best value back. If south beach is a yearley, you could be looking at $2500-$3000 for it. Gatlinburg should be 1b Diamond, and MFs ratio are probably higher than Lake Geneva, but you can still get $1200-$2000 for that one. Lake Geneva you can give back to Horizons if you are unable to sell, but again, I would try to sell all together.

Join the FB HICV group and ask for pricing there or even list them for sale there. Many are looking to add points there.

Good luck!
 

Mongoose

Guest
Joined
Mar 15, 2012
Messages
205
Reaction score
95
Points
88
Location
United States
I would recommend you offer them all together to get best value back. If south beach is a yearley, you could be looking at $2500-$3000 for it. Gatlinburg should be 1b Diamond, and MFs ratio are probably higher than Lake Geneva, but you can still get $1200-$2000 for that one. Lake Geneva you can give back to Horizons if you are unable to sell, but again, I would try to sell all together.

Join the FB HICV group and ask for pricing there or even list them for sale there. Many are looking to add points there.

Good luck!
Thanks Tony. I will do that. I don't want to sell all three. Thinking I will keep South Beach.
 
Top