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  • #61
    Originally posted by tennisWalt

    The Company or Person getting the money is the only one that can be the Scammer!

    Walt
    Exactly my point with those scamming RCI by GETTING MORE VALUE(Money) then their resort is actually worth by exploiting loopholes in the system....If Pepsi runs a deal that if you buy one 2ltr you get one free, but you find out that if you buy Wild Cherry pepsi the self checkout at walmart will let you get hundreds free for the one you purchased...thats about what these scammers were doing with RCI...using an loophole to take advantage of the system

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    • #62
      Ride;
      try II. you can see what you are going to get before you deposit.

      Comment


      • #63
        Originally posted by ebram
        Ride;
        try II. you can see what you are going to get before you deposit.
        I'm a member of II, but the ownership i used to get membership, i'd really like to use...its location thats perfect for my family and only every odd year, so not expensive...

        But, i'm still a bit confused by it...i think i need to play with it a bit so i can understand it fully, i'm sure its a great system, may even work out better then RCI since i have Sheraton Priority...but i haven't really 'dove in head first' yet to get the hang of it

        Comment


        • #64
          Originally posted by Ridewithme38
          I'm a member of II, but the ownership i used to get membership, i'd really like to use...its location thats perfect for my family and only every odd year, so not expensive...

          But, i'm still a bit confused by it...i think i need to play with it a bit so i can understand it fully, i'm sure its a great system, may even work out better then RCI since i have Sheraton Priority...but i haven't really 'dove in head first' yet to get the hang of it

          I've had great experience with II so far, I split a 3br lock off to a 1BR and 2BR and banked them. I was then able to get a 2br desired week at a Sheraton TS for the 1BR exchange. Its not as flashy as RCI, but I think it works well!

          Comment


          • #65
            Buying South Africa (and on the Points side Australia) was a currency play because the undervalued currency of both countries meant that the m/f was really cheap if you were paying in US dollars. Also, different RCI policies on membership fees created bargains both places. Membership in RCI Points in Australia was much cheaper than in the US, and the same was true for Weeks in South Africa. Now the Oz dollar is very strong, and the currency play there has reversed. The SA rand has also strengthened and the currency play is not nearly as big as it once was.

            In terms of supply and demand, I do not know what it is that you are smoking but it is clearly not a tobbacco product. RCI's own charts show SA has a much stronger supply / demand curve than Orlando, for instance. Also, every time I have checked, all of the nearly 200 resorts in SA COMBINED had roughtly the same total number of units availible online at RCI as just ONE overbuilt Orlando resort, Vacation Village at Parkway.

            What is also interesting with the recent arbitrary downgrade for SA owners in North America and Europe, they apparently did NOT downgrade the trading power of South Africans who own in their own country, this from South African timesharers I have run into while timesharing in Europe. This was an arbitrary move by RCI against their American and European members who owned in SA.

            And your attacks on UK and European weeks which have extremely strong supply / demand curves are just uninformed and apparently based on your own personal travel preferences rather than a realistic view of total supply and demand. Some of those UK resorts you turn your nose up at almost never appear online at RCI in warm season, and often not in any season. In warm season, they always get snagged by ongoing searches as soon as they are deposited. Objectively, that indicates a very strong supply / demand curve, even if in your personal world you think they are ''in the middle of nowhere''.


            Originally posted by Ridewithme38
            **RANT ON**

            Buying South African TS's because even though they have low demand and low MF's, they have High trade power is a scam...Expecting to trade a week two, White/Blue week for a summer prime, that's a bit of a scam....UK weeks in the middle of nowhere, expecting high Level Exchanges, Scam...These guys were taking advantage of mistakes RCI had made in the system...now that RCI has corrected the mistakes they want to spread venom about the whole system....That's just ridiculous...

            They've got to learn to except that they're little loophole trades weren't going to last, eventually RCI would catch on to how unfair and uneven the trades were....

            I don't work for RCI, BUT BECAUSE OF GUYS LIKE THESE, Trading in garbage weeks and taking the good stuff, RCI for a long long time only had Garbage left, i hope this correcting that fixed RCI's mistake also fixes that

            **RANT OFF**

            Comment


            • #66
              Originally posted by BocaBum99 View Post
              Chasing trading power is like chasing unicorns.... a total waste of time.

              People should only purchase timeshares they know they can rent for a great return on invested capital. If you do that and your unit gets great trading power is some systems, consider that gravy.

              The only market based trading system is the rental market. Everything else is a fraud.
              That is exactly what I have been doing with my summer OBX week, which is very to rent for a nice profit, for the past few years. I am considering doing that this summer with one of my summer UK weeks which falls during the London Olympics and while outside London is still within range to commute to the games.

              However, until the recent shananigans since Cendent took over, RCI used to be a great exchange company that operated fairly and gave great value. It is really sad that this has all changed. Still, there is some exchanging value left in the independent exchange companies, and they are worth using. I have just been reducing my timeshare portfolio as to what I am using on the exchange end of things.

              Comment


              • #67
                The sad thing is I haven't been in RCI in 4 days and the inventory is almost exactly the same. With the exception of developer deposits, I am seeing very little incoming inventory.

                Now there may be those that say it is coming in and matching on-going searches but I'm not buying into that theory. I have been watching RCI weeks on-line since it came on-line and I always saw a few gems.

                It is my sincere belief that people are talking with their money and not depositing with the evil empire or because the reward system has changed they are depositing a lot closer in than we were all trained to. Or both.
                Lawren
                ------------------------
                There are many wonderful places in the world, but one of my favourite places is on the back of my horse.
                - Rolf Kopfle

                Comment


                • #68
                  Originally posted by lawren2 View Post
                  The sad thing is I haven't been in RCI in 4 days and the inventory is almost exactly the same. With the exception of developer deposits, I am seeing very little incoming inventory.

                  Now there may be those that say it is coming in and matching on-going searches but I'm not buying into that theory. I have been watching RCI weeks on-line since it came on-line and I always saw a few gems.

                  It is my sincere belief that people are talking with their money and not depositing with the evil empire or because the reward system has changed they are depositing a lot closer in than we were all trained to. Or both.
                  Because of the reduction of trading power with late deposits...wouldn't most people have deposited their 2012 weeks already and it be a little early to deposit 2013? I don't know, this is just my thought, try searching just over 9 months out, see if you see a change from day to day

                  Comment


                  • #69
                    Originally posted by Ridewithme38
                    Because of the reduction of trading power with late deposits...wouldn't most people have deposited their 2012 weeks already and it be a little early to deposit 2013? I don't know, this is just my thought, try searching just over 9 months out, see if you see a change from day to day

                    Days in Advance of Deposit Start Date Percentage Retained
                    < 14 days 45%
                    15 - 30 days 60%
                    31 - 90 days 80%
                    91 - 180 days 90%
                    181 - 275 days 95%
                    276+ days 100%

                    Histoically you received best trading value at the 12 to 15 month mark prior to check in. According to the table above it is now at the ~9month mark. A lot of my best on-line trades were made 15 to 18 months ahead. This is a paradigm change and I suspect if I could get the function to work correctly that you may have a point but I can't.
                    Lawren
                    ------------------------
                    There are many wonderful places in the world, but one of my favourite places is on the back of my horse.
                    - Rolf Kopfle

                    Comment


                    • #70
                      For the many years I recorded daily searches, peak availability came at 16-18 months out, I almost always confirmed exchanges that far out, so I always deposited at 24 months out.

                      http://www.timeshareforums.com/forum...rts-beach.html

                      Just came back to add that at that point, 16-18 months out, the most resorts I would see in any one search during a month would be as high as 18. Beginning in 2004, searching for January 2006, that began dwindling. Since the last two major enhancements, purported to improve the systems, now there are seldom any available for January in SW FL. When there is, it is the crappiest of the crappy, Marco and Resort and Club, Fishermans Village, Charlotte Harbor, something like those.

                      Others here, who know what they're talking about, can confirm that.

                      So, it is not just about not being unable to do one-for-one exchanges any more, as a few here have latched onto as the reason for my lament, I assume because they don't have enough time to read it all! It is is more because the system has been so tampered with that the decent deposits just aren't getting made any more. I had that confirmed from the inside even before the last two tamperings.

                      2013 is the first year I have not deposited any of our 6 weeks, because there is no reason to do that any more.
                      RCI Member Since 24-Aug-1989/150-plus Exchanges***THE TIMESHARE GRIM REAPER~~~Exchanging/Searching/SW Florida/MO/AR/IA/Consumer Advocacy/Estate Planning/Sports/Boating/Fishing/Golf/Lake-living/Retirement****Sometimes ya just gotta be a dick

                      Comment


                      • #71
                        The reason they did this is quite obvious; to encourage people to deposit after the time period where under the sellout / settlement of the class action they had to briefly make deposits availible for exchange before putting them into the rental pool. RCI changed there parameters to encourage people to deposit at a point where they could directly put the week into the rental pool without offering it for exchange.


                        Originally posted by lawren2 View Post
                        Days in Advance of Deposit Start Date Percentage Retained
                        < 14 days 45%
                        15 - 30 days 60%
                        31 - 90 days 80%
                        91 - 180 days 90%
                        181 - 275 days 95%
                        276+ days 100%

                        Histoically you received best trading value at the 12 to 15 month mark prior to check in. According to the table above it is now at the ~9month mark. A lot of my best on-line trades were made 15 to 18 months ahead. This is a paradigm change and I suspect if I could get the function to work correctly that you may have a point but I can't.

                        Comment


                        • #72
                          Originally posted by Carolinian
                          The reason they did this is quite obvious; to encourage people to deposit after the time period where under the sellout / settlement of the class action they had to brief make deposits availible for exchange before putting them into the rental pool. RCI changed there parameters to encourage people to deposit at a point where they could directly put the week into the rental pool without offering it for exchange.
                          That's a distinct possibility but I clearly remember Bootleg saying that the lion's share of deposits were made between 3 & 6 months prior to check-in.

                          What they have done is move the goal post so that it benefits your average Joe timeshare owner who has a two bedroom lock-off in Williamsburg or Orlando. Now Joe is a happy camper.

                          The only people that are very unhappy have nice properties in under-supplied areas because for all intents and purposes those are the people that got banged up the worst. Unfortunately those are also the areas that I like to visit.
                          Lawren
                          ------------------------
                          There are many wonderful places in the world, but one of my favourite places is on the back of my horse.
                          - Rolf Kopfle

                          Comment


                          • #73
                            As it happens, there are a lot more Joes than Lawrens. (In both senses).

                            Comment


                            • #74
                              Originally posted by bnoble
                              As it happens, there are a lot more Joes than Lawrens. (In both senses).
                              and for that the world is forever grateful....(that was my point)
                              Lawren
                              ------------------------
                              There are many wonderful places in the world, but one of my favourite places is on the back of my horse.
                              - Rolf Kopfle

                              Comment


                              • #75
                                Originally posted by bnoble
                                As it happens, there are a lot more Joes than Lawrens. (In both senses).
                                . . .which just illustrates how RCI stood supply and demand on its head with their valuations in Points Lite. Actually, their valuations in regular RCI Points make a lot more sense these days.

                                And it also shows why those with the prime weeks should be saying, ''Hello SFX, Goodbye RCI.''

                                Comment

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