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Author Topic:   RCI Points for Sale
stevesc21

TUG Member

Posts: 1
From: Florida, Iowa, Colorado, Idaho
Registered: May 2005

posted 05-30-2005 23:25     Click Here to See the Profile for stevesc21   Click Here to Email stevesc21     Edit/Delete Message   Reply w/Quote Post A Reply
I have some extra RCI points that I am thinking of selling.
What would be a reasonable price to ask for them. There is a RCI fee of $49 to transfer the points into another members points account that the buyer would have to pay.
Let me know what you all think.

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Thanks,
Steve

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sfwilshire

TUG Member

Posts: 2391
From: Clinton TN
Registered: Jan 2003

posted 05-31-2005 02:01     Click Here to See the Profile for sfwilshire   Click Here to Email sfwilshire     Edit/Delete Message   Reply w/Quote Post A Reply
Since RCI sells them for 2 cents per point, I believe, you'd need to sell them for less than that. Most people would probably be hoping for about 1 cent each or less, I suspect.

JMHO.

Sheila

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ttt

TUG Member

Posts: 1070
From: Matawan, NJ
Registered: Dec 2000

posted 05-31-2005 04:46     Click Here to See the Profile for ttt   Click Here to Email ttt     Edit/Delete Message   Reply w/Quote Post A Reply
I agree. 1 cent/point is market price.

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nightnurse613

TUG Member

Posts: 93
From: Phoenix, AZ own: Ridge @ Sedona Golf, AZ Sam Rayburn, TX
Registered: Nov 2004

posted 05-31-2005 20:38     Click Here to See the Profile for nightnurse613   Click Here to Email nightnurse613     Edit/Delete Message   Reply w/Quote Post A Reply
My question is: where would you sell them? On E-bay? TUG Classifieds? Unless you're buying a trainload of points the $49 transfer fee eats up 5000 pts right away.

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OnMedic

TUG Member

Posts: 29
From: Kitchener, ON; Owner: HGVC - Orlando
Registered: May 2005

posted 06-03-2005 05:24     Click Here to See the Profile for OnMedic   Click Here to Email OnMedic     Edit/Delete Message   Reply w/Quote Post A Reply
OK... from what you are saying, 100,000 RCI points should be reselling for $1,000??? That seems really low...!?

Cheers

Steve

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bogey21

TUG Member

Posts: 1213
From: fort worth, texas usa
Registered: Sep 2001

posted 06-03-2005 16:30     Click Here to See the Profile for bogey21   Click Here to Email bogey21     Edit/Delete Message   Reply w/Quote Post A Reply
Look at it this way. Let's say the 100,000 points gets you three one bedroom Florida beachfront weeks which is realistic. Your cost is approximately $450 (cost of points + RCI Reservation Fee) per week. This is probably about what your MF and Taxes would be if you owned the Week. Or say you used your 100,000 points for two top of the line Gold Crown two bedroom weeks, your cost is approximately $650 (cost of points + RCI Reservation Fee). Again probably close to what your MF and Taxes would be if you owned.

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DonnaD

TUG Member

Posts: 276
From: Massillon, Ohio, USA
Registered: Dec 2000

posted 06-03-2005 20:42     Click Here to See the Profile for DonnaD   Click Here to Email DonnaD     Edit/Delete Message   Reply w/Quote Post A Reply
I am deleting this Post to comply with BBS rules relating to selling. Evie
------------------
DonnaD.

[This message has been edited by ouaifer (edited 06-04-2005).]

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rickandcindy23

TUG Member

Posts: 11
From: Thornton, CO., United States
Registered: Jun 2005

posted 06-04-2005 09:18     Click Here to See the Profile for rickandcindy23   Click Here to Email rickandcindy23     Edit/Delete Message   Reply w/Quote Post A Reply
We own at Pahio @ Bali Hai and bought it resale on ebay. We attended a sales presentation at Bali Hai during our first visit, and we understood that points are not for sale and that the only way to convert our weeks to points was to pay full retail for another week. It would almost be worth it if they would allow additional resale weeks to be converted.

We realize that buying resale is not the same as buying from the developer, mostly because of RCI points. A week is a week, but we are thinking that it would be nice to have large numbers of points, so converting one of our other four weeks to points is not an option for us because the points would be low compared to Hawaii; also, our understanding is that the points are rated differently by RCI, depending on whether you own at the resort and were converted, or whether you are just now a points member and are converting all of your units to points. The week to convert would be the Pahio because our points would be great for Hawaii, correct?

Any help on this topic would be much appreciated.

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