Original Message:
Rental inquiry (by Bonnie A.):
mike1536 wrote:vonei1 wrote:============== The question is how the unit was reserved with the points. I asked RCI the procedures for renting out my week at my home resort if I own at an RCI Points resort The following is RCI's reply:adahiscout wrote:Yes I have it reserved with points, then when it is rented it is transferred to the new person for a fee of $59 and they make them a reservation. Is this Ok?vonei1 wrote:========ken1193 wrote:Thank you very much for the information. My price is competitive. All the others were higher. I will try the Bidshares, I had not heard of that so thank you very much.vonei1 wrote:============================================== I do not claim to know Orlando or your particular resort. That said, it's still clear that you are now within just about a month from your usage week. Is your advertised rental rate competitive with others being offered at the same place during the same time period? If not, you'll clearly need to lower your asking price to match (or beat) comparable offered weeks --- and soon.I have my timeshare listed for rent with Redweek.com. It is at the Summer Bay Resort in Orlando. The town is like Clear something, but the resort backs up to Animal Kingdom. It is only about 5 minutes to Disney World. I have it for rent for only $980 for the week in a gorgeous Villa, June 29-July 6. I have not received one message on this. Has anyone tried to use Redweek before? I thought for sure someone would want this by now.With just over a month now remaining, you might consider also putting your week rental up for auction on Bidshares (which is free). You can identify your own "reserve" (your minimum acceptable rent amount) there. You can do the same thing on eBay (but an auction listing on Ebay is not free). RedWeek is generally a VERY good place for successful rental advertising, but your price may not be competitive, or perhaps the particular week (which includes the July 4 holiday) may not be a major draw. Good luck, in any case.
I'm rather surprised that you are able to offer your Summer Bay for rent. Isn't that an RCI Points resort? Or was it not yet in that organization when you bought? MD
"As long as you reserve your home week (if you own fixed weeks) or the unit type and season that matches your floating ownership and confirm during the home week or home resort period, you may use or rent out that week. If you reserve a unit which does not match your ownership, or reserve after the home week/home resort priority reservation period, you may not rent out the unit."
Based on this information, if you reserved your week during the home week reservation period (11-12 months prior to check in) or home resort reservation period (11-12 months prior to check in). If you reserved your week after these periods then it you could not rent it out since this would be considered renting an exchange, which is taboo. In addition, you must also reserve the unit indicated in your account. For example, if you own a 2 BR unit you cannot reserve a 1 BR unit and rent it to a third party.
I have just read over all the entries in regards to this situation and I can see where someone would feel that the replies are implying that he is doing something wrong. That is how I read it.. I guess if you take a look at many of the Redweek or other website advertisments most of these timeshares should not be rented out by the owners. Most of them are posted at a profit to cover all costs and to have the fear that whoever rents them out they could be cancelled by RCI or II and that would be a shame to have a family show up on a planned trip and not be able to use the timeshare that they rented for that week. Several postings are legitimate but at the same time whatever anyone does on this website should not be questioned with questions ending in ??? 's.. what one does it there own business and it anything happens then its there problem and not for anyone to really question. In future answer the question posted and please don't make it look that they are doing something wrong because some people are new at this game and really have no idea what they can do or are allowed to do as they just look and see what everyone else is doing which is renting weeks on Redweek however it works for everyone. There are thousands of timeshares being rented in Orlando and if it wasn't for many (not all) being rented the way they are not supposed to Redweek would most likely be half empty with advertisments. I do beleive that the websites are being watched by exchange companies but this year with high costs they are turning a blind eye because if they didn't Orlando would be in dire straits with no tourists and timeshares would sit idol without occupants.