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Original Message:

Re: Timeshare Points vs. Weeks (by Mary D.):

bhass913, were you talking about rentals being canceled by and exchange company or did you just mean that the renter could cancel late and leave you with an unrentable week?

You can't rent something you get from an exchange company such as RCI but I know you are allowed to rent out a week you own or get through an internal points exchange with Fairfield/Wyndham. Make a contract with the renter which requires a non-returnable deposit of at least 25% as soon as you confirm that you have the reservation time and place they requested IN YOUR NAME. Don't put the confirmation into the renter's name until you have full payment, 60 days out if possible. In this case, if they cancel you have some money in hand and can cancel the reservation to get your points back.

You may also rent out your points to another Wyndham owner and let them make their own reservations. (See RedWeek's Red Wishes) You should be able to get at least $5.00 per thousand Wyndham points if they are not too close to expiring. At least cover your costs! When payment is received, call the Wyndham line and give them the account number of the renter to whom you want your points transferred. They may want to speak to you both, but it is pretty simple. MD