My wife and I are Bluegreen owners since 2006. We initially purchased into the club after attending the 2-3 hour sales pitch, and took it, hook, line, and sinker. We were in our early 20's had a little extra cash, and rationalized the purchase thinking we had found the greatest thing on Earth. We even upgraded our package without having even used the first set of points. We have since attended several owner's "updates" which always involve a sales pitch, which has got to be by far, one of the most distasteful experiences ever.
For our most recent visit (Myrtle Beach), we were presented with the newest things Bluegreen has to offer. Fees for rolling over points, a sob story on how banks won't offer financing to build new resorts, a $12,000 Traveler's Plus program, "Fee for Service", which amounts to Bluegreen no longer offering deeded properties, but instead offering points packages for $3.09/pt, with a minimun purchase of 10,000 points ($30,900!). Oh yeah, Bluegreen is expected to run out of inventory in 18 months, so you better act now.
As many others have shared, we were unable to research, unable to sleep on it (even though we're staying in their resort). We were told that if we didn't act today, that we would never be able to buy regular deeded points again, that we would be relgated to buy the minimum $30k package if we ever wanted to get to be bronze owners. I asked if we had the right to rescind the contract if we felt buyer's remorse, upon which the salesman indicated that it could "hurt" him, and could cause him to lose his job. After nearly 3 hours for an "update" on new developments with the company, we caved and reluctantly bought again.
After wasting nearly half of our day, a sweeping feeling came over me. What company treats their customers like this? What company, that provides a "service" that is not a necessity, has the power to bully, trap, and render their customers powerless. My wife and I don't "need" Bluegreen, we chose to do business with them. They "need" us to keep them running, and I refuse to let them strip me of any bastion of control in our decision making, and where we choose to spend our money. Our plan is to invoke our right of rescision, and now.
I hope that before someone goes to visit this company either for an update or new ownership reads this and refuses to allow themselves to be stripped of their control. No deal should only be good while your in their chair. No purchase of that amount should be made on an impluse, without proper research. It's your money, protect it.