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alright guys welcome to the video Jason
here once again we're going to do a
screen capture video and this is going
to have to do with points specifically
I'm going to talk about blue green
points and the real pain in the ass that
can cause people who are trying to get
out of there blue green but just note
the same thing applies to RCI for those
who aren't familiar our CI has sort of a
points exchange system that involves
various timeshare companies and whatnot
but we see the same thing over and over
again and I'm gonna give you a quote
here that I recorded so bear with me
I'll read through the quote and in this
quote
there's a lot of forums online with
timeshare discussion and this one
actually I pulled off of Trip Advisor
because it really illustrates for those
of you who have blue green points some
of the difficulties you're going to face
in getting out of your timeshare and
this one is by Believe It or Not Cedar
Park chump so you know interesting name
there but but what not it is a good
quote so I'm gonna read it we discovered
that one thing we would never stop doing
at Bluegreen is paying the biggest
burden of membership is paying
maintenance fees which were roughly 600
per year for us members have to pay
these fees regardless of how much they
use the facilities if you stop paying
fees you vent your credit rating because
you are legally obligated to pay these
fees in addition there are other fees to
pay after the first year passed we had
to pay blue ring again to avoid losing
our first year's points that's a big key
if you stopped paying you lose the
points that you in essence have paid for
so continuing to read however these
points lost some of their value and we
couldn't use them to stay at a Bluegreen
facility during a high-demand period now
he goes on to say the type of business
model puts the buyer at a disadvantage
you pay a company upfront to obligate
you to
what is effectively a lease that's
virtually impossible to cancel the lease
takes you the customer out of the free
market and limits your selection to the
seller stock of properties at the point
that you sign the seller never has to
win your business again because you're
obligated to keep paying almost no
matter what so let's sort of dissect
this and you're trying to get out of
your Bluegreen timeshare or again if you
have any type of point systems you know
RCI or whatnot proto so same thing
applies the bottom line is the time sir
model okay is a model let me edit this
real quick again I'm shooting this on my
iPad so just bear with me the titrant
model is a model designed to keep you
locked in to payments okay this is how
timeshare companies make their money
they must keep you locked in and one of
the ways they do this is to disguise
okay disguise I should say disguise
landmines okay in the form of benefits
in other words but they want to make
something that's actually not that good
appear really good and this is why they
use a point system okay now a point
system with Bluegreen is going to depend
how many points how many points you
accumulate greatly depends on how much
you pay okay
and there's other factors there as well
but predominantly
it's how much you pay it's your level of
membership and that level of membership
is determined by your yearly
maintenance fee okay that's what
determines it basically what what they
will do is is blue green defines points
they say that points basically equal
vacation and wrap that right up there
that statement points equal vacation is
really the disguise okay because what
does that make you want to do it implies
that okay the more points the better the
vacation the better locations you're
going to have the better the resort
you're gonna have you know and that's
how they do it and that really is true
the more points you have a Bluegreen the
better spots you can get but what they
don't tell you is there is a limited
number of vacation slots okay Bluegreen
does not own unlimited amounts of
vacation resorts they don't I don't have
the current stats and the numbers but
it's not as many as you would think and
so it is limited so you can have all the
points in the world but one of the
common things that comes up with so many
owners looking to get out of their
timeshare when I speak to them on the
phone is you know we have twenty
thousand points and we can't use them or
ten or fifteen or whatever many points
and we can't use our points because we
can't find a place to stay and not to
mention that the points are losing their
value and there's all sorts of different
ways they do this but over time they do
this but why not the frustrating thing
is you can't use your points the bottom
line and so they've paid these really
big membership fees maintenance fees
because the salespeople have told them
hey
it will give you more points these
points will accumulate and then you can
go to better places you can fake a
tional better places and and people
believe this they believe this and so
they buy in and I can't tell you how
many people have spoke up just just some
gentleman a month ago who had a lot of
points you know well over 20,000 points
they have accumulated and the bottom
line is he wanted to get out of his
timeshare but he thought he was under
the impression that his points had value
okay in the marketplace so if you're
trying to sell my kind of thing you
might think is well we have a lot of
points therefore our timeshare is worth
more money that's not the case generally
speaking if you have a lot of points you
would have a higher maintenance fee
you also have higher fees all across the
board special assessments and things
like that not to mention the average
person in the mark place four times
you're the points it's not the biggest
factor that they have okay
like I just explained points aren't a
large part a gimmick when you have a
time shirt and really they just change
you more because it gets you paying more
but as I said there's a finite amount of
spaces you can actually go and therefore
you're really paying more for something
you can't always lose can't always use
and and that is it's never really going
to recoup that veil but this gentleman
couldn't understand that and that will
hold him in his timeshare as he tries to
sell it again the average person that I
speak to has been trying to sell their
timeshare for two years at least those
who try to sell it with no luck and a
lot easy will have a lot of points they
just don't understand that points do not
really provide a lot of value in the
grand scheme of things I'm not saying
that they don't allow you to stay and
nicer resorts within Bluegreen but
there's a lot of issues associated with
actually being able to use those points
that people don't realize and when they
go to get out they're under the
impression that those points are worth a
lot of money and that just basically
cripples it gets them in an unrealistic
mindset when they're trying to get out
so I just wanna scroll back up and just
once again I want to handle one thing
okay bottom line if there were similar
the timeshare and going back to this
quote cuz he's right on that he's right
on the money if you stop paying okay if
you stop paying fees you endanger your
credit rating but because you are
legally obligated to pay these fees okay
if you have a lot of points generally
speaking it's because you have had a
higher maintenance really maintenance
fee and so you're scared for two reasons
to stop paying that if you get the
financial bind you're scared to stop
paying that because it's gonna hurt your
credit but also because you're going to
lose those points you've accumulated so
if you understand the psychology of what
blue green is doing here they'll never
admit it but it's really quite genius
they're trying to mentally lock you into
something you you have earned people do
not want to part with something that
they have spent a lot of money and a lot
of time to earn in a points system is
basically the way from a psychological
standpoint to lock people in to that
mind frame again after the first year
passed we had to pay blue green again to
avoid losing our first years points and
that's a problem
you can't if the vacation you want is
not available your points are there but
if you don't pay blue green again to
reserve your points to save them then
you're just going to lose those points
so there's the point system is a system
once again it is it is like
Venus flytrap it appears good to the
unsuspecting fly on the outside but it
holds an imminent amount of danger for
people and I wanted the street those
videos people just don't understand that
and at the very least hopefully this
will help you to get that that point or
at least started start to start
comprehending it because you know it's
really seductive to believe that points
are beneficial and they're just they're
really not especially if you want out of
your planner now just a few points to
get out of your timeshare okay
the bottom line is okay less than 1%
resale it's far less than that and 1% is
one out of a hundred okay and generally
speaking that those are skewed figures
when I say will you sell basically I
mean given away okay because all the
stats are factored together together so
people go on eBay and they'll basically
try to give away their timeshare and
many times they'll pay to give it away
but still the vast majority of people do
not want them even for free because of
the maintenance fees
now my point is very simple how many
points no pints that should say points
how many points you have does not
generally matter okay still they're not
gonna resell all right less than 1%
resale how many points you have does not
matter really what matters is that you
are realistic time shows generally don't
resell the best way to get out of a
timeshare again as we discussed many
times in the past is generally
a transfer okay of ownership and
basically what that is is exactly what
your study
it's basically transferring your name
off of that deed because your time sure
you're in a deed with that time share
basically and it doesn't matter if you
owe money if you don't owe money the way
you get out is through being able to
transfer your name off of that and
that's what a reputable transfer company
will do so I'm gonna end the video there
we've talked a lot about that in the
past now if you want to come to our
website and watch our video is ww3 from
vacation fees.com okay free from
vacation news.com I'm even come there we
deal in transfer and it doesn't matter
whether you owe money on your time sure
if you want a Bluegreen or whatever time
for your own or you don't we generally
can still assist you but the bottom line
is don't contact us if you're not of the
mind frame or it I should say if you are
of the mind frame that your points and
because you have so many points that's
gonna mean a lot when it comes to
getting out your time here it really
doesn't mean for lack of a better
term how many points you out and quite
frankly if you're of the mindset that
these points are worth something and
it's keeping you in your timeshare
generally you have the wrong mindset and
I'm hoping this video actually shed some
light on that for you so again if you
want to get out visit the site watch the
video feel free to contact us you know
and we can share some options with you
that you might not be aware of
basically so until next time I truly
hope that you found this beneficial
