Cindy,
I think it really sucks that you can't rent the unit you have to recoup your expenses.
I think rentals of exchanges should be allowed. If weeks exchange systems truly were like for like exchanges, then nobody would be complaining since the unit that someone else deposited would be equally desirable. The real problem is not rentals. The real problem is that the exchange system is patently unfair. Trade ups abound for the smart exchanger leaving the scraps for the average exchanger.
I really believe that the exchange companies really do want to allow rentals since they will attract lots of exchangers into the system and significantly increase exchange volume. But, they can't when it is possible to exchange for 2 Four Seasons units for a total cost of $375 and $535 including the exchange fees when the maintenance fee for the owners of those two units paid in excess of $1800 each. That's what I just did. I simply underpaid.
I wouldn't be surprised if the main cause of these so called crack downs were from exchangers who complain about seeing these rentals available in rental venues. Otherwise, why would an exchange company care? They are probably doing it to appease disgruntled exchangers who can't get what they want because they are being out hustled by more saavy exchangers.
Profit is NOT a four letter word.
I think it really sucks that you can't rent the unit you have to recoup your expenses.
I think rentals of exchanges should be allowed. If weeks exchange systems truly were like for like exchanges, then nobody would be complaining since the unit that someone else deposited would be equally desirable. The real problem is not rentals. The real problem is that the exchange system is patently unfair. Trade ups abound for the smart exchanger leaving the scraps for the average exchanger.
I really believe that the exchange companies really do want to allow rentals since they will attract lots of exchangers into the system and significantly increase exchange volume. But, they can't when it is possible to exchange for 2 Four Seasons units for a total cost of $375 and $535 including the exchange fees when the maintenance fee for the owners of those two units paid in excess of $1800 each. That's what I just did. I simply underpaid.
I wouldn't be surprised if the main cause of these so called crack downs were from exchangers who complain about seeing these rentals available in rental venues. Otherwise, why would an exchange company care? They are probably doing it to appease disgruntled exchangers who can't get what they want because they are being out hustled by more saavy exchangers.
Profit is NOT a four letter word.
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