Weeks Enhancements

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

Then there are those whose weeks are not really high powered in the normal course of things, but become so artificailly due to the developer being in bed with RCI. That is also a big unfairness in RCI's totally non-transparent method of fixing points lite values.

Yes, it is unequitable when you get less for a deposit that it takes to trade in. OTOH there are some who own "high powered" weeks that are thrilled to be able to get two exchanges for their deposit where they used to be able to get only one.

Joy

[joycapecod Silver Contributor Find all posts View Profile Close joycapecod]

Then there are those whose weeks are not really high powered in the normal course of things, but become so artificailly due to the developer being in bed with RCI. That is also a big unfairness in RCI's totally non-transparent method of fixing points lite values.

I agree, but if your week(s) were high powered to begin with before points lite and you find they still are high powered, then it was a win. Right now, and I stress right now, I can use one deposit to get two exchanges and maybe have "change". Before points lite is was one exchange.

Do I think this will last, probably not, but some of us (and granted only a few considering) are enjoying the bonus.

There are some areas that will always have more demand than inventory. I was lucky enough to get units in two of those areas during high demand time. I gave away 2-2 bedroom units and even paid for the deed transfer fees for units that were in overbuilt locations....and maybe RCI was in bed with the developer, but that too won't last forever, nothing ever does.

Joy

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

I don't recall exactly this being said yet: "If you wanted to be in Weeks, you stayed in Weeks. If you wanted to be in Points, you switched to Points. Now it has been decided that if you wanted to be in Weeks, you are in Points any way, with no choice or opt out."

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

More Unfairness

Quote:
Originally Posted by Marti
Sheraton Broadway Plantation
(#4322)
3301 Robert Grissom Parkway
Myrtle Beach, SC 29577
2 Bedrooms 8 (6)
Full Fri 29-Jun-2012
Fri 06-Jul-2012

Exchange Fee 49
- - - - - -

4322-Sheraton Broadway Plantation
2 Bedrooms
Full - 8 (6)
27/12
Deposit Trading Power
Maximum Trading Power 23
Current Trading Power 23

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

More Unfairness

Quote:
Originally Posted by Marti
Camaron Cove (#0843)

2402 N. Gulf Blvd.
Indian Rocks Beach,
FL 33785 USA

Camaron Cove

2 Bedrooms 6 (6) Full
Sat 30-Jun-2012
Sat 07-Jul-2012
Exchange Fee 48- - - - - -


0843-Camaron Cove
2 Bedrooms
Full - 6 (6)
26/12
Deposit Trading Power
Maximum Trading Power 41
Current Trading Power 41

[Marti Super Moderator Find all posts View Profile Close Marti]

Has anyone read this article in Timesharing Today


RCI Starts to Implement Settlement Terms

RCI is now letting its members use the trading power information
to provide more flexibility in making exchanges and trading up to
highly demanded weeks.

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

More unfairness:

Marco Resort and Club (#1861) 1 available units
Marco Islannd FL, 34145
Available Unit Size
1 Bedroom
Check-In Date
21-Jan-2012
Exchange Trading Power
34
- - - - - -
1861-Marco Resort and Club
Unit 101 1 Bedroom
Interval/Year 3/12
Deposit Trading Power
Maximum Trading Power 24
Current Trading Power 24

If I am repeating myself, sorry. I do that sometimes.
If I am repeating myself, sorry. I do that sometimes.

Signs they are listening, maybe:

Marco Resort and Club (#1861) 1 available units
Marco Island
FL, 34145
USA
map resort Available Unit Size
1 Bedroom
Check-In Date
12-Jan-2013
Exchange Trading Power
19

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

Signs they are listening, maybe:

Marco Resort and Club (#1861) 1 available units
Marco Island
FL, 34145
USA
map resort Available Unit Size
1 Bedroom
Check-In Date
12-Jan-2013
Exchange Trading Power
19

Abra Cadabra . . . at no time do their fingers leave their hands . . .

Marco Resort and Club (#1861) 1 available units
Marco Island
FL, 34145
USA
map resort Available Unit Size
1 Bedroom
Check-In Date
12-Jan-2013
Exchange Trading Power
13

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

They have been consistent in the misrepresentation of Weeks Points.

Despite the fact that our informal poll here indicates that a significant number of exchanges that used to require one deposit now require more than one, not once have they mentioned that in any of their hyping.

Every example they have given, including the latest in the current issue of Endless Vacation, show an exchange will end up with a credit toward future exchanges.

Not one mention anywhere I've seen that exchanges previously requiring one deposit (all of them, by the way) now require more.

How 'bout y'all? Has anyone seen them present it honestly, with full disclosure?

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

More Unfairness

There has been some talk about Daytona 500 Week being a prime week in Orlando. This weekend it is here.

To begin with, look at next year, Week 8, 2013, and you will see plenty of availability in Orlando, and even some in Daytona, Ormond, etc.

However, there is unfairness, and RCI is charging a premium for that week.

At the original Big 3 Orlando Resorts for that week, RCI is asking for and giving to the following:

32/28
32/28
28/25

The premium is charged exchangers, but not given owners.

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

More Unfairness

Yeah, I know I, and many others, have said this before, but since no one has stopped it, I will continue mentioning it whenever it comes up. If you get (more) tired of hearing it, maybe you could lobby RCI to stop the practice. That's what working together on an internet forum should be about, helping each other.



It is grossly unfair for RCI to rent a week from the SpaceBank for less than member/subscribers pay in annual fees.

I am reminded of this several times a year, and today it is only because someone is interested in our 2-bedroom because all that is available through AFVC for the same week at the same resort is a 1-bedroom, for $369. I will lose their interest if they look a little harder because there are 2-bedroom units at other area resorts for $369.

Our annual fee is $625.

So, in it's simplicity, RCI gets something for nothing that they turn into $369 (because that is more than an exchange fee), and prevents other RCI members from being able to recover their annual fees.

The light at the end of the tunnel may be that RCI gives only 8 TPUs for it, so for the 1% of 1% of owners who know what they're doing, they won't give it to RCI.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

That what happens when you flood the market, as RCI has done with rentals. It drives down prices, and kicks the props out from under the ownership / exchange model of timesharing. RCI's founder and longtime owner Crystal deHahn understood that and did not go there, but since Cendant / Wyndham took control of RCI they either don't understand that dynamic or don't care. They look at boosting profits in the short term even when it undermines the entire system for the long term.

Yeah, I know I, and many others, have said this before, but since no one has stopped it, I will continue mentioning it whenever it comes up. If you get (more) tired of hearing it, maybe you could lobby RCI to stop the practice. That's what working together on an internet forum should be about, helping each other.



It is grossly unfair for RCI to rent a week from the SpaceBank for less than member/subscribers pay in annual fees.

I am reminded of this several times a year, and today it is only because someone is interested in our 2-bedroom because all that is available through AFVC for the same week at the same resort is a 1-bedroom, for $369. I will lose their interest if they look a little harder because there are 2-bedroom units at other area resorts for $369.

Our annual fee is $625.

So, in it's simplicity, RCI gets something for nothing that they turn into $369 (because that is more than an exchange fee), and prevents other RCI members from being able to recover their annual fees.

The light at the end of the tunnel may be that RCI gives only 8 TPUs for it, so for the 1% of 1% of owners who know what they're doing, they won't give it to RCI.

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

It is strange that the area, in fact the specific resorts, that started the slippery slope, the two most notorious resorts in the area most notorious for providing the most deposits, the ones that most created more supply than demand, that led to the term excess inventory, that led to providing weeks other than through exchanges, that led to providing weeks to non-owners/non-members, that led to outright rentals, have been given more trading power than resorts and areas that never have had excess inventory, have always had more demand than supply.

Even today, it is the area and resorts with the most, or close to the most, Extra Vacations.

How could an area or resort that has always had more supply than demand be a good trader?

convoluted?
- - - - - -
As for getting half our annual fee back by renting that week out, that fell through.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

Convoluted? Yes, definitely. Corrupt? Yes, definitely that, too.

It is these wacky numbers that cry out for FULL transparency at RCI, which means full disclosure on how the numbers in their Points Lite numbers racket are concocted. Half-way transparency as it exists now at RCI is not really transparency at all.

It is strange that the area, in fact the specific resorts, that started the slippery slope, the two most notorious resorts in the area most notorious for providing the most deposits, the ones that most created more supply than demand, that led to the term excess inventory, that led to providing weeks other than through exchanges, that led to providing weeks to non-owners/non-members, that led to outright rentals, have been given more trading power than resorts and areas that never have had excess inventory, have always had more demand than supply.

Even today, it is the area and resorts with the most, or close to the most, Extra Vacations.

How could an area or resort that has always had more supply than demand be a good trader?

convoluted?
- - - - - -
As for getting half our annual fee back by renting that week out, that fell through.

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

It is grossly unfair for RCI to rent a week from the SpaceBank for less than member/subscribers pay in annual fees.

I am reminded of this several times a year, and today it is only because someone is interested in our 2-bedroom because all that is available through AFVC for the same week at the same resort is a 1-bedroom, for $369. I will lose their interest if they look a little harder because there are 2-bedroom units at other area resorts for $369.

Our annual fee is $625.

So, in it's simplicity, RCI gets something for nothing that they turn into $369 (because that is more than an exchange fee), and prevents other RCI members from being able to recover their annual fees.

The light at the end of the tunnel may be that RCI gives only 8 TPUs for it, so for the 1% of 1% of owners who know what they're doing, they won't give it to RCI.

Oops, be careful what you talk about.

Those weeks are now part of the sale going on at the Evil Empire, $199-$249.