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Re: Against RCI/II Rules to Rent out Exchanges (by Mary D.):
forshey wrote:======== What sort of points are your talking about? RCI POINTS resort system points?jayjay wrote:adahiscout wrote:Ask yourself how these folks who rented out their exchanges could have gotten "the most desirable weeks". ( If their own was that good, why not rent it?) Early deposits would seem to be the logical explanation. Then you actually can pull more for your exchange and start ongoing searches for the good stuff. MDThis was back a few years ago when one could actually get a good exchange with a mediocre trader and before points entered the picture. You're probably right that the depositor deposited very early to snag those good exchanges. It was evidently part of their business plan.
Except for the rules, it would be very easy to make a nice return on guest certificate rentals if you use points for last minute weeks rentals looking on the day that the weeks switched from normal weeks to last minute weeks. I have recently seen a seller on ebay listing many rentals 6 weeks out in Atlantic City that are probably obtained in this manner. I am not recommending that anyone do this, but you need to look at all the trading possibilities and not only weeks for weeks with an early deposit.
Actually, it's puzzling to see how the renter of an RCI exchange can compete with someone who is renting his owned week directly with no cost for exchange fees and, perhaps, no guest Confirmation fee to cover. That instantly boosts costs by about $200. Of course some rare weeks are without competition. And some owners want a big markup.
You mention the "good old days" when one could get a good exchange for a mediocre resort. I seem to remember seeing recommendation that folks new to timeshares run out and buy cheap resales that they don't want to use themselves and dump them on RCI. Maybe they did. MD