Hi Butch,
I know your questions were directed at
justaskmike, but since he has yet to respond(could be on holiday), I thought I would quote my reply to a similar question regarding the rental of
RCI weeks specifically. Another Forum visitor recently asked the same question and my answer is posted below as well as a 'link' to the initial post. Click '
HERE' to read the original post and reply.
Quote:
Hi sundaydriver6,
This a common question and you will find a variety of answers from various sources. RCI does have a policy forbidding the sale or renting-out their points/weeks, but you're absolutely correct about RCI being 'out of the loop' once a week has been booked at a specific timeshare location and the resort loves having fresh people checking-in because they are potential buyers!
Timeshare Adventures has a policy about accepting RCI or Interval International points/weeks simply because they have yet to be booked at a specific resort and/or for a specific time, so marketing and advertising something that for lack of a better phrase "is still in Limbo". When it comes to RCI and/or Interval International, because of the vast amount of potentially obtainable, affiliated timeshare properties within their community it is extremely difficult and in most cases impossible to acquire the specific timeshare property and the exact dates the potential renter is seeking. It is also a cumbersome task; maintaining contact with the renter, contacting you to call the exchange company to request the exact timeshare resort or area and dates the potential renter is seeking. Not entirely impossible, but rarely successful and there are much simpler ways to go about it.
Because of the above mentioned troubles, Timeshare Adventures has an ethical policy against accepting RCI or Interval International points/weeks unless you use your exchange to book a week at a specific timeshare resort for a specific time. This way we can market the timeshare effectively and advertise the timeshare as being somewhere for a certain week. When we are approached by a potential renter seeking a timeshare rental in Orlando for example we can guide them to the resort that has been booked and make it accessible via our website when they search our rental 'Ad Listings'.
So, when you have banked weeks or points and are wanting to rent-out, we advise that you choose a timeshare resort and a week within the exchange company's community of timeshare properties and the contact us to advertise it to be rented.
As for repercussions with RCI or II, I've heard the same thing. The exchange companies can revoke your membership or penalize the member with a fee, but as you mentioned once the week or points have been booked the exchange company is 'out of the loop'. My advice is to be careful and if possible think about renting-out your deeded timeshare property instead.
If any timeshare owner has experience in this regard, we welcome you input in our Forum.
For more information about this situation or renting-out timeshare in general feel welcome to contact us toll-free at 1-800-581-7330.
|