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Re: How can I rent a timeshare? (by David E.):

jennie wrote:

stanleyf5 wrote:

davide81 wrote:

Hi Jennie,

I took your advice and called RCI about the two banked weeks and the possibility to pay for an extension like you said. They told me no dice that they do not offer that and I was out of luck, needless to say I might be done with them. In the meantime if I loose those weeks, I take that as a learning experience. I was also told that my banked weeks were "blue week" points so my options were limited anyway. With the points which I currently have which are about 700,000 for the year thru Wyndham Resorts. I cannot use all of them and will like to rent what I cannot use. I need advice on the steps to follow if I do this myself.

For instance I am assuming the first step will be to call Wyndham, reserve the weeks I do not need and then place the ads.

How do you deal with paperwork in terms of contracts, security deposits(in the event of damage or whatever else).

Since you are dealing with someone you do not know (renter), how do you handle the transfer of name to this person for when the person goes to check in at the resort.

Please help, I am very "green" at this and looking forward to the challenge.

David

You can extend the experiation date of your RCI banked weeks. The person to whom you spoke at RCI is uninformed. Ask to speak to supervisor, or call the RCI corporate offices and complain. You can go to the frequently asked question on the RCI website and see that you can extend your banked weeks, and what the fees are.

Yes, you can DEFINITELY extend the expiration of weeks deposited with RCI. But why don't you wait until it is much closer to the expiration date. Who knows, they may come up with a match for you before then. If not, have no fear. They will bombard you with Emails, regular mail, and Email messages touting the benefits (and costs) of extending weeks that are about to expire.

Since the deposits you have made are of "blue weeks" it may not even be worth paying any more to seek an exchange. Unless you are willing to accept off season weeks in locations with low demand, you will probably not receive anything you can use. Your best bet is to learn how to do your own on-line searches at the RCI web site. You may see something available that you would not have thought to enter as an on-going search.

I hope I'm correct in assuming that you have entered "on-going searches" for the weeks you want. don't ever rely upon sporadic phone calls to accomplish a dessired trade.

Jennie,

I have a question and I hope that you can help me. I am in the process of posting an ad. I was wondering if you could help me with a standard or rough draft copy of a contract which I can use between myself and the renter. I am thinking something that reflects a deposit before service, security deposit for damages, etc. Something that protects myself and the renter. If you have an idea as to where I can get this, I will be very grateful.

Thanks