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Re: Tips on Renting Out Timeshare (by R P.):
phill12 wrote:I wouldn't think many people bought a unit just to rent and now renting seems to be the new game in timesharing and it is hurting trading companies!
I agree that buying just to rent is foolhardy in timesharing, but I would think the number of people doing this would be minimal in the entire scheme.
Other than the two 1000 pound gorilla exchange companies (RCI and II) renting weeks or taking weeks in trade for cruises, airline tickets and such, I can't imagine why people aren't getting the trades they formerly did. Many people blame it on the points system raiding the weeks system at RCI, however II has no point system.
Also, since many people aren't getting the trades they formerly did, they are probably not depositing their weeks at all. They are either using them or renting them.
When we owned several weeks all of those weeks were off-season (we don't care to travel in hot weather and with the crowds that do so). We never had any problem getting any trade we wanted with either RCI or II, however on trades that we knew would be hard to get (re: southern Calif., Sedona, Las Vegas) we deposited a year in advance and searched every day. I think you have to use this method now more than ever with people planning vacations in popular destinations and at popular resorts a year or more in advance.