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Original Message:
Re: Renting my vacation Weeks (by Charles G.):
jayjay wrote:Since the weeks have been deposited into your RCI account .... RCI rules state that deposited weeks can't be rented or sold. If you were selling your timeshare, the weeks could be transferred to a buyer if the buyer is an RCI member. The only solution I see is that you confirm reservations somewhere and use those confirmations yourself or you can give/gift those confirmations to family or friends by buying RCI guest certificates. The only compensation to you being the guest certificate fee and the exchange fee (totalling around $200 for each confirmation).
Dear JayJay, I have seen many of your postings on Redweek, and recognize you to be an extremely knowledgeable authority on all facets of the time share industry. I am positive that I can rely on your guidance. I would like to rent my week at the Marriott Newport Coast Villa's that I have already reserved this coming August. Obviously I have never rented before, and I want to know what the proper steps are. I understand that I will need to get a rental agreement, or utilize the escrow service being offered on the Redweek site, for about $100 to each party. Do you recommend going the escrow route, since it is my first time into uncharted waters, or go the rental agreement route? Thanks for your advice. Chuck