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Re: What keeps you from using Redweek Exchange? (by Marty F):
jamesd84 wrote:If you look at the samples thay have consistant exchange ponts versus rental rate. Example:4 Seasons at Desert Breezes Exchange (399 points) Rent $459
Bryan's Spanish Cove Exchange (499 points) Rent $574 Kinston Manor at Foxwood Exchange (499 points) Rent $574 4 Seasons at Desert Breezes Exchange (499 points) Rent $574
4 Seasons at Desert Breezes Exchange (599 points) Rent $689 The Wren Cove Exchange (599 points) Rent $689 The Starr Pass Golf Suites Exchange (599 points) Rent $689
Sint Maarten Sea Palace Exchange (699 points) Rent $804
Sheraton Vistana Resort Exchange (799 points) Rent $919
The RENTAL is ALWAYS CHEAPER than the exchange points (assuming 1 point = $1) plus $125 cash exchange fee.
P.S. I've contacted Redweek and still await a response that identifies the Redweek Exhange Program policies with regard to these issues.
Hi James,
The difference between what you received for your exchange and what we offer it to others is because that when weeks are deposited, a small percentage of the inventory goes unused - or "burns" - creating a loss for RedWeek. The small points adjustment you noticed allows us to break even or gain a small profit on the exchange program, allowing us to continue to offer this benefit to our members and ensure our exchange and membership fees remain among the lowest available.
Your other question about the rental price vs. the exchange points is somewhat confusing. The rentals are posted and price set by the owners. We don't have any control over what they set their rental price for. We only have control over what we offer the exchange points for. When the exchange time gets closer we sometimes discount the points in hopes of moving it. If the dates of the rentals and exchanges happen to be the same that is pure coincidental.
I also saw that you had written into RedWeek asking some of these questions and I'm sure will receive a reply at the beginning of the work week.
Thank you, Marty