Exchange companies.

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Original Message:

Re: Exchange companies. (by stanleyf5):

adahiscout wrote:
stanleyf5 wrote:
barbara1246 wrote:
adahiscout wrote:
joanp60 wrote:
Marty, I bought a timeshare that is a specific week. When I called Powhatan Plantation, my home resort, to see if I could deposit my week with II instead of with RCI they told me that I can only deposit my week for exchange with RCI because that is who they are affliated with. The person at Powhatan told me that if I had bought a Points timeshare at Powhatan then I could do exchanges with II.

So if I can't even use II instead of RCI, I don't see how I could ever use Redweek to deposit my week with.

========= Yes, this is the same problem I ran into when I queried Fairfield/Wyndham. RedWeek may be willing to accept deposits from our resorts, but we are hearing that the resorts are not willing to make the deposits to organizations with which they have no affiliation. This may be a matter of simplicity or a way to protect owners from the "Fly by nights". (The person with whom I spoke had never heard of RedWeek and quickly cautioned me against companies who call offering to rent or sell my weeks.)

MD

Not sure why you can only do an exchange with II if you had points. We have a fixed week and use II. II doesnt use points to my knowledge. Maybe the person you talked to gave you incorrect info. Call II to verify.

Hi. I own timeshares that are associated with II, but are in the Fairfield system. Because the first Fairfield property I bought had RCI as the exchange, II won't let me join even if after I said I would pay the membership fee. They and Fairfield seem to work together to control only one exchange for Fairfield properties. Not worth hiring a lawyer, but I believe that violates the laws against monopolistic practices. I even contacted II corporate offices and got nowhere. They first said their software couln't handle such a case, then later said they just would not do it. I guess I am going to have to buy a small property with II as the exchange company or break off one of my small Fairfield contracts into a separate ownership to get into II. That would be cheaper than a legal battle. Stan.

==

As you said above, your first Fairfield contract determines your exchange company for all future Fairfield contracts, so "breaking off" a small FF contract into II will get you nowhere. If you must have II as an option, you will need to have an II related purchase outside the FF/Wyndham group.

Have you dealt with the RCI Nightly Stay program? (Look in the FF/W Directory.) It pretty much gives you all the options open to RCI POINTS owners without the down side of automatic deposits. Exchange fees are much lower than RCI WEEKS exchanges. MD

Hi. I disagree. If I sell one of my small contracts to a trust or corporation that I set up, then I can let the trust or corporation join II and then I can transfer points from my larger account into my smaller account and exchange in II. It is still cheaper than a legal battle with Fairfield and/or II. Stan.