Post reply
Original Message:
Re: REDWEEKS NEW TIMESHARE EXHANGE PROGRAM (by KC):
daddyd has appropriately wondered:
>> I guess I see problems for the RedWeek Model if everybody waits to see what is available. Wouldn't that in effect, stop the train in its tracks? << ---------------------------------------------------------------------- Time will tell. After experiencing first hand the deterioration of RCI exchange practices over recent years (they are now actually defendants in a class action lawsuit over these allegedly deceitful "exchange" practices), I have personally resolved to NEVER again give up (deposit) a week which I own until or unless I first see -- right there in front of me -- something else of comparable value being offered where I want to go, when I want to go there. No more "deposit and hope" for me, having been offered NOTHING by RCI (in recent years) of even remotely comparable value. That's not an "exchange" --- that's just an unintentional GIFT from me to RCI! No mas....... --------------------------------------------------------------------- Re: >> I never understood the complications of the Interval International Model either but the mere fact that they claim to have over 2,000 resorts of a better than average class of resort available for exchange at any time would seem to improve the odds of getting a good deal. Or am I missing something with that "assumption" too?<< --------------------------------------------------------------------- I have an II membership, but have rarely exchanged through them for the same reason --- not seeing something available worth (to me) "giving up" a week at a time and place of interest to me. At least, however, they do have a "search first" option. Perhaps their affiliated resorts tend to be "better than average", but a "good week" there (just as anywhere else, including RedWeek) always has to first be deposited by someone before it becomes available for exchange. And as another poster has observed, "good weeks" can have higher value as rentals (..one of the reasons RCI is in court is the overt accusation that they are actively renting out prime deposited weeks themselves at top dollar to the public, rather than making those deposited weeks available to other dues paying RCI members for exchange purposes). ---------------------------------------------------------------------
Re; >> But my point was that it seems to me that the market for this exchange thing is with those of us who own float weeks. <<
Not necessarily. As a fixed week owner, I'd still glady exchange --- IF I saw someting that interested me.
Re: >> I used the Orlando Market as an example. Believe it or not, some of the resorts in that market claim that some weeks are "redder" than other weeks!<<
I do believe it and I believe that it's true. There is always SOME interest to see Mickey, Universal, etc., but school vacation periods intensify the demand. Hence the "pink" and "crimson" gradations of red there. --------------------------------------------------------------------- Re: >> I guess only time will tell if RedWeek meets the expectations of time share exchange and carves out a niche for itself that is not now met by the other established players in the field. << ---------------------------------------------------------------------- I agree --- and the quality and quantity of exchange inventory will surely determine the success of the program. In all other respects (transparency, valuation, cost) the RedWeek model certainly appears superior to any and all of the others with which I am familiar. But it's ultimately all about the available INVENTORY. It would be unreasonable to expect that RedWeek would have much (if any) "top tier" inventory in a brand new program which is only a very few weeks old. We'll see how much "migration" there is over time from the other alternatives to the RedWeek program.....