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Old January 7th, 2008, 10:32 AM
Bigbutch Bigbutch is offline
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Join Date: Jan 2008
Posts: 1
Question Timeshare Rental If Week In Banked

Howdy Mike, I've read what's been written here about renting my RCI or even Interval International weeks from the forum admin and other folks, but since you claim to have first hand experience working within a timeshare exchange company, I though you might be able to help me with my question.

Can I rent-out my timeshare weeks that have been deposited with RCI or Interval International?

By reading whats been written here I understand that in order to be successful, I should book the deposited timeshare week at a resort and then go about renting out that week and that makes sense to me because otherwise there is really nothing to advertised because the banked week is unbooked at a resort. I was also warned to 'be careful' because of timeshare exchange company policies forbidding the rental of "their" weeks.

I would think that after choosing and booking a week at one of the many timeshare resorts that works with RCI or Interval International that they would be unaware of me renting-out the timeshare week.

Do they track this somehow?

Thanks for your help and the 'open invitation' to Q & A with someone on the "inside" - I will await your advice/answers - Best Regards!

Butch

Last edited by Bigbutch : January 7th, 2008 at 10:35 AM.
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Old January 9th, 2008, 10:32 AM
milesaway milesaway is offline
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Question Retreiving My Deposited Timeshare Week With RCI

Hello timeshare experts! I'm new to this whole timeshare ownership thing and it's been tough for me to to use my week at my timeshare property in Mexico, so I gave my week to RCI. My wife and I thought that getting something in RCI's timeshare catalog would be much easier than it's been. The salespeople at the Mexico resort told us that our timeshare ownership had "strong power" with RCI and we would be able to get just about anything we want and this has not been the case. I want to pull my timeshare week back from RCI and use it at the timeshare in Mexico we bought....Is this possible and how would I go about it?

Thanks.
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Old January 11th, 2008, 09:36 AM
TSA_Staff TSA_Staff is offline
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Posts: 239
Default Pulling Deposited Timeshare Week Back From RCI

Hello milesaway.

While we wait for justaskmike to reply I tell you what I've learned regarding the retrieval of a deposited timeshare week. It is possible. RCI may give you some trouble in doing so, but as long as the week you have deposited has not been used or if a similar week is still available within their system of banked weeks then you should be able to get it back. Prepare yourself for a potential problems in attempting to do this, but I think if you "push" them hard enough, you should be able to get your week back.
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  #14 (permalink)  
Old January 11th, 2008, 09:53 AM
TSA_Staff TSA_Staff is offline
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Default Renting Exchange Companie Timeshare Weeks / Points

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.
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