Drip drip add on via website?

[RaymOOOnd]

Strange title I know but it's how I think of it. Has anyone considered the psychological merits of adding on *incredibly gradually* via a few points at a time using the website's add-on tool? For example I'd like to make our BLT contract over time something like 175 or 200 points rather than the current 138, and emotionally (+ even practically) it would be painless to pull down on that window and add something like 5 more points every so often. Much less painful at $250pp than plopping down say $20000 all at once.

Does this however...(1) count as a whole new contract each time, (2) result in a whole paperwork to-do each time, (3) is it even permitted?

 

[pianomanzano]

Direct add-ons are usually 25 or 50 pts depending on the resort. And each one is a new contract with separate closing costs/doc fees.

 

[RaymOOOnd]

Bah. Makes sense!

 

[BeachClub2014]

Love the thread title, though. It got my attention!

 

[🍀TwinsMom]

If it wasn't such a tedious process with each one being a new contract, I think it would be genius to do a monthly plan to add on 25 points at a clip like some sort of layaway, LOL.

 

[RoseGold]

Unless you run out the clock on it, every single one has to be sold or probated or transfered somehow someday. And there's closing on each one. I wouldn't even buy a 50 point contract because of that, and it seems common here.

 

[CaptainAmerica]

You have a 138 point contract?

 

[hglenn]

We plan to incrementally add on to our contract with direct points over time, but likely in 100 point increments. Most say that smaller point contracts are easier to sell, if necessary. Many even break their larger point purchases up into multiple contracts when buying for that reason.

 

[pianomanzano]

You have a 138 point contract?

I think some of the VGF1 guaranteed week contracts are 138 pts

 

[wnielsen1]

You have a 138 point contract?

It might be time for a prime number add-on. 53 points?

 

[CaptainAmerica]

It might be time for a prime number add-on. 53 points?

I don't think I could ever own anything other than 50, 100, 150, 160, 200, or 300.

Maybe 240.

 

[LisaDKG]

My 510 points gives me a LOT of anxiety

 

[Stargazer65]

LOL I guess I don't get the obsession with certain numbers when it comes to points. When you make a reservation the numbers are all over the place.

 

[Straulin]

My numbers approach when looking into multiple contracts was go enough to cover a specific stay. For example at HHI, we could do a stay during the peak season from Sunday-Friday for 155 points. So 155 makes since there as we would be making stops on the way to and from to visit family who live between our house and there. The concern I had was the chance of reallocation so might have added on another 10 to spare.

We ended up buying (well.. we have passed ROFR but are still waiting on the sellers to sign the closing docs... just over a week now) 360 points at BCV. That was more than we planned there but we decided to throw all our eggs into one basket.

 

[Noodlez]

My BCV resale contract was 214 points, which I think was 2 weeks in a studio at some point. We’d been looking for 200 but it was a great price so I wasn’t going to turn it down for the extra points.

 

[kanerf]

The small contracts sell very quickly though and at a premium. I have mostly small contracts that I bought direct or resale. I was able to buy my first direct for only 50 points a number of years ago.

 

[jkips]

The small contracts sell very quickly though and at a premium. I have mostly small contracts that I bought direct or resale. I was able to buy my first direct for only 50 points a number of years ago.

It's the closing costs on the small contracts that really add up. $800 to close on 50 points adds $16 per point to the cost.

 

[wnielsen1]

It's the closing costs on the small contracts that really add up. $800 to close on 50 points adds $16 per point to the cost.

You bring up a good point, but closing costs were less than $400 on my 50 point AKV direct add-on.

 

[Azndjdude]

It's the closing costs on the small contracts that really add up. $800 to close on 50 points adds $16 per point to the cost.

So true! Closing costs make me want to buy more points just to diminish the effects of closing costs, but then I'm spending way more money than just $500 on closing costs.