So it seems that 1 in 4 serves developers, and arguably owners, by making it hard to exchange into a place in an effort to encourage purchasing rather than exchanging in. I even own a 1 in 4 resort, but it doesn't change my position that it is an unfair exchange practice unless it is uniformly applied.
A large part of any RCI affiliated sales pitch is the prospect of exchanging into 3700 properties around the world. But they don't tell you that you can only exchange once every four years into some. And the more resorts that allow/encourage this practice, well, you get the picture.
But why should any of my prime demand resorts allow a 1 in 4 resort owner (from, say the Manhattan Club, or Morritts (at which I own), or Smuggs) to exchange in every year, if owners at resorts without such a restriction cannot do the same in reverse? Seems to me that RCI needs to make a decision, are they the 1 in 4 exchange company, or not?
I don't know the ins and outs of just how RCI is in bed with the 1 in 4 resorts, though it looks like there may be a connection with trying to increase "points" sales/conversions. And am guessing that some of the RCI inventory is developer inventory, though not all.
Thoughts? Where are the holes in my logic? Does the idea have merit?
A large part of any RCI affiliated sales pitch is the prospect of exchanging into 3700 properties around the world. But they don't tell you that you can only exchange once every four years into some. And the more resorts that allow/encourage this practice, well, you get the picture.
But why should any of my prime demand resorts allow a 1 in 4 resort owner (from, say the Manhattan Club, or Morritts (at which I own), or Smuggs) to exchange in every year, if owners at resorts without such a restriction cannot do the same in reverse? Seems to me that RCI needs to make a decision, are they the 1 in 4 exchange company, or not?
I don't know the ins and outs of just how RCI is in bed with the 1 in 4 resorts, though it looks like there may be a connection with trying to increase "points" sales/conversions. And am guessing that some of the RCI inventory is developer inventory, though not all.
Thoughts? Where are the holes in my logic? Does the idea have merit?
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