How Does Your Trade Value Compare?

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

Do you have any examples of what RCI did to the Trade Value of your timeshare?

Here is my example.

I was able to exchange into the Ka'anapali Beach Club 1 Bedroom units several times in January with my 2 bedroom Fox Hills Resort in Wisconsin before the present Trade Value system.

My Fox Hills unit now has a value of 22 trade credits and I now would need a value of 42 trade credits for the 3rd week in January.

I can also get a 2 bedroom at Kahana Falls for an exchange of 40 trade credits for the 3rd week in January.

Since I have several timeshares weeks I had a combine trade value of 54 for my search.

So, I can still exchange into the KBC and Kahana Falls but with more cost. Almost 2 Maintenance fees now and a combination fee for an increase of about $700.

Walt

PS: I also find that the Manage Deposits works sometimes and other times just keeps calculating and calculating

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

Gosh Walt, we talked about this 16 months ago.

And just about ever since.

http://www.timeshareforums.com/forum...ancements.html

http://www.timeshareforums.com/forum...ice-versa.html

The thing that is consistent with all (I can't think of an exception) enhancements or conversions is that it is providing new revenue from existing customers. For those trades that are better now, and produce credits, in most cases it takes a (new) fee to use the credits.

In this day and age of declining interest, you have to admit how shrewd this is . . . they found a way to meet legally-mandated requirements and produce more revenue at the same time.

The jury is still out as there are many inconsistencies between what they are saying and what we are seeing.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

Personally i'm glad RCI corrected the value mistakes they were making with some resorts...it makes no sense some of the trades people were able to get

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

I've been sort of the in the "own to use" category for many years and really didn't do much with RCI until recently when I decided to take on a CMV UDI and boy does it trade.

Before that the few trades that I did are still possible but they were crappy trades since it was before I met you guys and you taught me a thing or two.

Because the trades with CMV are pretty decent whether with RCI or II or any of the independents, I'm finding that I don't need to own so many "own to use" anymore and have given away one and am working on two more.

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

Personally i'm glad RCI corrected the value mistakes they were making with some resorts...it makes no sense some of the trades people were able to get

I was distressed with the initial value given to my week that saw everything. Just in RCI calculator yesterday and downgraded another 3 points. Thank goodness I bought to use or rent this one. And I already have for this use year.
RCI will never see it again.

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

I don't see how it could be a winning scenario for RCI.

Before disclosure there was some disatisfaction and some leaving, but most were hanging on.

After disclosure it appears that most who were on the fence have seen enough. From our conversations here, it appears that few came out ahead, and it is illogical why some who did did. The poll says 50/50. Extrapolated, that would be a lot of members who came out worse off.

As we have discussed, some of the winners are likely not happy. They did not buy a high-end resort with the intention of trading to crappy resorts, regardless of how many crappy vacations they can get for their one good one. 11 being able to get so many exchanges (57% for us right now), says something. (That seems to have gone down from our last discussion. . . . Nope . . . Right now, 11 can get 89536 of 170617 total exchanges. More than half (52%). . . . posted 2/23)

In any event, for many who were debating remaining with RCI, or timesharing, this was the final straw, I bet.

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

Personally i'm glad RCI corrected the value mistakes they were making with some resorts...it makes no sense some of the trades people were able to get

For the most part the changes went the other way - overpointing areas where there is a glut of inventory and underpointing areas that are very difficult to trade into. That is standing supply and demand on their heads.

But even worse than that is the RCI scam of giving different values at the same point in time to the same week, depending on whether it is being deposited or taken as an exchange.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

But even worse than that is the RCI scam of giving different values at the same point in time to the same week, depending on whether it is being deposited or taken as an exchange.

I hate this arguement that you make, it makes complete sense that deposits would have a different cost then Exchanges...Look at Any shop and look at how much they pay for products vs. selling them for...it a very common practice and part of what makes RCI as large and successful business as it is...if there wasn't a 'cut' so to speak, RCI would be as useless as all the 'independent' exchange companies

For the most part the changes went the other way - overpointing areas where there is a glut of inventory and underpointing areas that are very difficult to trade into. That is standing supply and demand on their heads.

And this always makes me laugh..The next post is you mentioning how places in Europe have such low TPU values.....While completely ignoring the economy and how much it actually costs the average American to FLY his family or 5 to europe....Its obvious why the Demand for europe is so low, the Economy is tough, people are driving to vacations if not doing STAY-cations...i'm just pretty sure you don't understand capitalism or the American Economy Caroline, living in a foreign country i don't blame you...but i wish you wouldn't say things in a tone of 'i know what i'm talking about' when you clearly don't

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

That is what I am hearing from resorts. When I was back in the states last month, I spent a few hours on the OBX. When Points Lite was imposed on Weeks members, the resorts heard lots of wailing and moaning of people saying they wanted out, coming from the off season and mid season owners who owned to exchange. Resorts were dreading what would happen last year when the m/f fee bills went out, but they generally dodged the bullet as many members at least tried it out. This year is a different story and many of those who complained when Points Lite came out did not pay their m/f this year. That was predictable but now it poses a problem for HOA's. Great for RCI! They have stabbed their resort affiliates in the back!

I don't see how it could be a winning scenario for RCI.

Before disclosure there was some disatisfaction and some leaving, but most were hanging on.

After disclosure it appears that most who were on the fence have seen enough. From our conversations here, it appears that few came out ahead, and it is illogical why some who did did. The poll says 50/50. Extrapolated, that would be a lot of members who came out worse off.

As we have discussed, some of the winners are likely not happy. They did not buy a high-end resort with the intention of trading to crappy resorts, regardless of how many crappy vacations they can get for their one good one. 11 being able to get so many exchanges (57% for us right now), says something. (That seems to have gone down from our last discussion. . . . Nope . . . Right now, 11 can get 89536 of 170617 total exchanges. More than half (52%). . . . posted 2/23)

In any event, for many who were debating remaining with RCI, or timesharing, this was the final straw, I bet.

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

While I was out canoeing my dog around the canals and creek, it occured to me that disclosure is only, or nearly only, of value to those who already own and are already familiar with timesharing. For us/them it laid to rest most of the uncertainty. It did not win over any new folks, probably, but lost some old folks, probably.

As for helping prospects decide whether timesharing is for them, when they are at the decision-making time at a sales presentation, even if disclosure was available to them, which I can guarantee you the industry will never allow, most prospects at that point have spinning heads full of baffle and BS. They would not even know enoguh to know what to look for, or ask, or be able to sort out the things we take for granted.

They wouldn't know if 15 will get Manhattan Club or Slimey Slough.

So, what difference would it make if a prospect were told a week is 15, even if they were told? In the same breath, that would probably be followed up with, "That's anything, any where."

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

1. Do you not comprehend that RCI's compensation for arranging a trade is their exchange fee? Your argument seems to applaud their moving to something akin to double dipping, which their competitors do NOT do. Any I have yet to find any retail shop that charges me an exchange fee in addition to the list price of their goods!
2. On some overbuilt areas, RCI often gives more points lite for a deposit than it charges for an exchange, which just happens to blow your analogy all to pieces.
3. Do you not comprehend that RCI like most exchange companies is a global business? Their members are all over the world, not just in the US. Yes, there is a larger percentage these days of Americans not being able to afford to travel to Europe, but there is likely a similar percentage of Europeans who cannot afford to travel to South Africa or America or the Caribbean, etc. So that situation comes out in the wash. So there are more Brittish timesharers trying to get into resorts in their own country who would in previous years have flown to farther away destinations. That is why in some of the more in demand UK resorts, you often cannot find any inventory any time of the year. Yet overbuilt Orlando is as awash in excess inventory as it always has been. It is also why DRI appologized to its European members about the difficulty of trading into England lately, as more local people are vacationing closer to home.

I hate this arguement that you make, it makes complete sense that deposits would have a different cost then Exchanges...Look at Any shop and look at how much they pay for products vs. selling them for...it a very common practice and part of what makes RCI as large and successful business as it is...if there wasn't a 'cut' so to speak, RCI would be as useless as all the 'independent' exchange companies



And this always makes me laugh..The next post is you mentioning how places in Europe have such low TPU values.....While completely ignoring the economy and how much it actually costs the average American to FLY his family or 5 to europe....Its obvious why the Demand for europe is so low, the Economy is tough, people are driving to vacations if not doing STAY-cations...i'm just pretty sure you don't understand capitalism or the American Economy Caroline, living in a foreign country i don't blame you...but i wish you wouldn't say things in a tone of 'i know what i'm talking about' when you clearly don't

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

That is what I am hearing from resorts. When I was back in the states last month, I spent a few hours on the OBX. When Points Lite was imposed on Weeks members, the resorts heard lots of wailing and moaning of people saying they wanted out, coming from the off season and mid season owners who owned to exchange. Resorts were dreading what would happen last year when the m/f fee bills went out, but they generally dodged the bullet as many members at least tried it out. This year is a different story and many of those who complained when Points Lite came out did not pay their m/f this year. That was predictable but now it poses a problem for HOA's. Great for RCI! They have stabbed their resort affiliates in the back!

Obviously, we fall into that category, and just have not ended our support of the industry yet. How many people times $3000 or $4000 a year will it take to put a serious dent in the industry? That amount of money goes a long way to paying for a second home, something that appreciates.

Of course, there will still be some left, those who seem to have all the answers, to pick up the slack.

What are we talking about, what thread is this again, they all sound the same?

[Mongoose Member Find all posts View Profile Close Mongoose]

Do you have any examples of what RCI did to the Trade Value of your timeshare?

Here is my example.

I was able to exchange into the Ka'anapali Beach Club 1 Bedroom units several times in January with my 2 bedroom Fox Hills Resort in Wisconsin before the present Trade Value system.

My Fox Hills unit now has a value of 22 trade credits and I now would need a value of 42 trade credits for the 3rd week in January.

I can also get a 2 bedroom at Kahana Falls for an exchange of 40 trade credits for the 3rd week in January.

Since I have several timeshares weeks I had a combine trade value of 54 for my search.

So, I can still exchange into the KBC and Kahana Falls but with more cost. Almost 2 Maintenance fees now and a combination fee for an increase of about $700.

Walt

PS: I also find that the Manage Deposits works sometimes and other times just keeps calculating and calculating

I let my RCI membership expire a couple of years ago and am now a member of II. I am now a new member of HICV and with that comes a free RCI membership. How do they calculate your trading power? Is it done by them or based on demand? I guess on the surface it would be nice to know a numeric value for trading power. However, based on your example I see a lot more pitfalls!

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

I let my RCI membership expire a couple of years ago and am now a member of II. I am now a new member of HICV and with that comes a free RCI membership. How do they calculate your trading power? Is it done by them or based on demand? I guess on the surface it would be nice to know a numeric value for trading power. However, based on your example I see a lot more pitfalls!

Disclosure does not mean how they calculate stuff. Disclosure means you can see what they assigned.

Ask us about any week, any size unit, at any resort, and we will tell you how many TPUs are assigned to it.

Some of us can tell you from experience and intuition what it will take to get what you might want. Or, we can look and see if one is available, and what they want for it.

Are you at OLCC? Or one of the ones they have bought?

I came back to add that I have 20-some years experience with OLCC, and have been there enough, and heard them enough, to know that if it wasn't for OLCC, there would be no RCI.

[Ridewithme38 Senior Member Find all posts View Profile Close Ridewithme38]

Some of us can tell you from experience and intuition what it will take to get what you moight want.

Can you tell me how many TPU's or what it takes to get on the beach next July...No matter what i try i can't figure that out...