Good trader at a reasonable price?

[bboy1234 Member Find all posts View Profile Close bboy1234]

Hope im posting in the right spot. Im looking to purchase a 3bedroom lockoff unit that will have good trading power. Am I dreaming? What would you recommend?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

For awhile on another forum I made a recommendation because I was so happy to have found a good trader after ten years of sucking eggs. Being a human with all the frailings that entails, I was proud to share how smart I was.

Then, when our first trading power glitch occurred, I realized the foolishness of my own bragging, how at a small resort with relatively few deposits, a person bragging on the Internet might upset the supply-demand balance. The high mucky-mucks of that other forum poo-pooed that idea. Of course, they have no crystal ball.

The exchange companies are so unpredictable and the trading power formula so secret that I would feel badly about making recommendations.

I would draw general conclusions from personal experience. If I were to purchase for trading power it would be something on the beach in SW FL, weeks 1 through 15, and there won't be any 3-bedroom lockouts in that.

Neither is Branson.

[Carol C Senior Member Find all posts View Profile Close Carol C]

I have a friend, a TUGger, selling a one br tiger trader. Why do you need a 3 br? Big family?

Anyway, let me know if you want her email addy. Btw I am not making a dime, just want to help my friend.

ttyl,

Carol C

[bboy1234 Member Find all posts View Profile Close bboy1234]

I have a friend, a TUGger, selling a one br tiger trader. Why do you need a 3 br? Big family?

Anyway, let me know if you want her email addy. Btw I am not making a dime, just want to help my friend.

ttyl,

Carol C

3br lock off gives me 2 weeks. a one bedroom and a two bedroom.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Hey, that's the same argument the crass sales wench from Westgate gave me when she called at 9 PM one Sunday night, trying to flip the two weeks we already owned.

She wanted our two weeks back, and $20,000, for a 3-bedroom unit at Westgate Lakes.

First thing Monday morning I was talking to Mr. Seagull's administrative assistant, whom we had the good fortune of befriending somewhere along the line. Before the end of the day I had flipped our two bad weeks for two consecutive peak summer weeks for the price of paperwork, $20 as I recall.

But, alas, even that kindly gesture did not preclude us from dumping those, to get away from Mr. Seagull's oppression altogether, a few years later.

Back to my original suggestion. A couple years ago I compared a week 16 at one of the lesser resorts in SW Florida, and one that is not even beachfront, being across the road. So, it was a lesser resort, bad location, late in or after peak season. It could see everything RCI had available.

Many of those lesser SW Florida resorts are established and stable, well managed, have a sound resale value and a system in place for selling weeks.

I'd tell you how much our current weeks cost, and what our annual fees are, and what trades we get (up until now), but then I'd lose the remaining shreds of credibility I have left on these forums!

3br lock off gives me 2 weeks. a one bedroom and a two bedroom.

[JudyS Senior Member Find all posts View Profile Close JudyS]

By limiting yourself to a 3 bedroom, you will really cut down your options. Not that many resorts offer 3 bedroom units, and many of the ones that do are expensive. If you don't have a particular need for three bedrooms, why not just ask for a recommendation for a timeshare with a low purchase price and MF?

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Also, there is enough uncertainly about the future of Weeks, despite official statements to the contrary, to discourage a buying decision based on trading power. Despite the fact that it is a paid-for, money-producing system, how much longer will Weeks be around?

[ebram Senior Member Find all posts View Profile Close ebram]

Check with SFX

Make sure SFX will accept before you buy. It will probably be a good trader all around.

[Jya-Ning Silver Contributor Find all posts View Profile Close Jya-Ning]

How will you do the exchange?

For example, most of the mini system has owner prioity. So if you plan to trade into say VRI's resort most of the time, you probably should look at a resort in that system. This is based on the resort chain. And you may just use their internal exchange if there is more availability.

A lot of area being as a populate resort place, will have oversupply. If you plan to be there most of the time, then you don't really need a very stong trade, you can concentrate on find a cheap MF resort.

Also, how long can you plan to commit is very important. Some people just use to get inventory in short time (45 days, 15 days), then the trading power does not matter.

Are you plan just to use that for trading? If so, get a RCI point resort with lowest MF/point ratio, so if you can not get to the resort, you can get to use it on airplane or car rental.

If they change the exchange rules, how will you cope with that? Maybe the easiest one is to find a place where it is easier to rent out and give you max income so you don't play exchange at all. Although most people don't like to do this work. In that case, put the money aside into investment area where you are good at, know most of it, then you only need to worry about find a reasonable rent place.

Just some questions

Jya-Ning

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I was just checking on this this morning, to see what rental rates are at resorts we like to go to in SW Florida in January. One is $140 a night. Another is $1200. Tennis Walt reported on another one in the same area that is over $2000 per week.

Then it is a matter of how much of that you get as an owner, since the resort will take a percentage. Our home resort has a rental program, a pool so that everyone who places their unit in it each week gets a share of the net. Unfortunately the resort takes 55%, plus some Mickey Mouse charges (even though Disney is nowhere nearby ).

That is not unusual in rental programs, the resort taking a big chunk.

Maybe the easiest one is to find a place where it is easier to rent out and give you max income so you don't play exchange at all.
Jya-Ning

[madmitch Member Find all posts View Profile Close madmitch]

If you are interested in a 3 bedroom L/O at Liki Tiki, let me know.
It's been years since I've personally stayed there (why I'd sell) but trades with I-I and rentals work great.
I'm not giving it away, but it's a good resort at a fair price when you check TUG and eBay.
(don't want, no worries)
Mitch@vom.com