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Points problem (by Mike N.):

pixie wrote:
Hello, I would like to know what one might expect to get for points with RCI. We have 46,000 that we bought about 7 years ago for $13,000. (CAD). We purchased them at Pacific Shores Resort ( now called Aviawest Resorts) at Nanoose Bay, Vancouver Island, B.C. The maintenance fee is about $550. (US). I've checked with one agency in BC and was told that they charge $1,500. no matter what one gets for the points. I've read that some points sell for only a penny ,or for just 2 or 3 cents for each. Does anyone have experience or knowledge about selling points? Thank you very much.

When purchasing an RCI Points resort, many people look at the ratio of MF:points. In your case this is a bit over a penny/point which is good, but there are better. For example, I own at an RCI Points resort where the ration is less than 1/2 cent per point. Do you own a deeded week or just points? People looking to buy an RCI Points resort just for the points will be looking for the lowest MF:point ratio at the cheapest price. If you own a prime deeded week, then it will have more value to someone looking to buy specifically at your resort.

In any case, do not expect to get anywhere near $13,000 for the resale. Redweek has one listed for sale at less than $1700.