Original Message:
Re: RENTING AN EXCHANGED WEEK IS AGAINST EXCHANGE COMPANY RULES... (by stanleyf5):
Hi, Jayjay is knowledgeable. Don't let your week expire, give it to a friend or relative. Rent it for the Exchange Fee and Guest Certificate Cost which is allowable under RCI rules. If you let the week expire, you are putting money in RCI's pocket. You can also extend for 6 months for about $99. At least that was the fee when I extended a week last year. I agree with everything that Ken 1193 says, howver I have very good luck with RCI exchanges. I however plan about a year in advance. RCI has not changed it's rules about renting.
As I understand Redweeks rules, you have to reserve a specific week more than 3 months in advance of the deposit. Your maintenance fees, and all other obligations relative to the week have to be current to the week you deposit. You can then use the Redweek Points to exchange into other Redweek deposited weeks. Redweek allows one to use cash at a dollar a point to obtain a week which requires more points than you have. Assume you have received 1000 points for your deposited week and the week you want to acquire requires 1200 points you can use your 1000 points plus $200 plus the exchange fee to obtain the week which you want. While Hawaii weeks are not as desirable as they once were because of travel costs, and the economy, they are still desirable weeks if in the right location in Hawaii. Hope this helps you. Stan.