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Woodstone and Regal Vista Points resales

CPNY

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Harborside Resort at Atlantis
SVV - Key West
SVV - Bella
Regal Vista at Massanutten
@escanoe, "
"The three year "term" on my account appears to be uniform transfer procedure for all transferred RCI points accounts .... and nothing Vacation Village has driven."

RCI Points are RCI property, not Massanutten. As long as you do not let your membership lapse, the points are there. If you let your membership lapse (the wording says they renew the points/bonus weeks every third year) then the points/bonus weeks will lapse. To transfer the points, you pay RCI a $98 transfer fee. Those were salesman lies you were hearing.
My estoppel says it’s a points ownership. Wouldn’t that mean it would always be that way as long as I keep paying RCI? On another note my closing agent screwed up the RCI set up
 

TimeshareTraveller

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Yes, that's correct. It's the bonus weeks that will stop if you let your membership lapse for any significant length of time. I checked the contract. (We actually purchased last weekend and then rescinded afterward with the complaint that we feel that the resort fee is outrageous when no new services have been provided. I kept the contract because it has my signatures.)

To transfer the points from one owner to another, you have to set up that transfer with RCI and pay them a $98 fee for the transfer.
 

escanoe

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Woodstone (Luxury, RCI Points) at Massanutten Resort
Yes, that's correct. It's the bonus weeks that will stop if you let your membership lapse for any significant length of time.
What are these bonus weeks of which you speak? Do these transfers us mere mortal resale purchasers?

Are those the “Massanutten Extra” vacation in the RCI offers? I haven’t used one yet. Been doing just as well or better with “last call” or “extra” sales.

I can’t imagine why anyone (informed) would buy Massanutten from the developer vs. resale. I am not in love with the resort fee, but if you are buying one as an RCI points trader it probably works to your advantage. I can pay a lot of resort fees there out of what I saved buying retail (and you still get the owner rate if you purchased resale.)
 

DannyTS

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I am at Massanutten now and haven't done a tour in 5 years. I thought I would see what they are offering to convert. They kept insisting that points do not transfer upon resale. That I could not buy points and even if I paid to convert my weeks they would revert back to weeks when sold. I told them that I currently have a week 29 Regal Vistas in points. They insisted that after 2 years of resale ownership it would revert.

Has anyone resold a points week and was their anything in the estoppel to the new owner indicating that it would revert to a week?

The final offer which I left before hearing but they called me back with was a $5995 new week worth 44,000 points every other year but I pay $230 per year and they would convert my week 30 Regal Vistas (89,000 for $515 MF), Week 26 Woodstone Deluxe (130,000 for $825 MF) and week 27 Woodstone Luxury (137,000 for $855MF). I am supposed to go back and they are to have the contract ready in the morning. I obviously know how to rescind and while I may not have time to go over with the fine tooth comb before signing (don't want to waste any more time) it will be gone over in the next 3 days.
I have recently bought a 4 BR EY 178k RCI points at Regal Vistas. My estoppel indicated that this was an RCI points contract. After about 7 weeks the transfer is complete, my RCI Points account is set up (new member) with all the points that I expected in the account. So indeed the guy's lips were moving :)


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