How to Rent my Grandview Timeshare using RCI [merged]

[chucksg]

The simple answer is no according to RCI. If you get caught, they will revoke your membership and cancel the exchange you made, thus will result in some very unhappy renters. You can gift it to someone with a gift certificate.

I'm trying to rent out my Grandview, one bedroom unit for 7 days. The only way I know how to do it is to go through RCI, They're charging me an exchange fee, guest certificate fee and points insurance. The total comes to $439.00 & 61,000 points. If I can't rent out my unit, I lose. all the money, but I get my 61,000 points back. This doesn't seem right to me. There has to be a different way, It's costing way too much money to rent my unit. Is there another way besides going through RCI to rent out a timeshare?
If my renter has a guest certificate could that still violate the RCI rules?

 

[Hindsite]

I'm trying to rent out my Grandview, one bedroom unit for 7 days. The only way I know how to do it is to go through RCI, They're charging me an exchange fee, guest certificate fee and points insurance. The total comes to $439.00 & 61,000 points. If I can't rent out my unit, I lose. all the money, but I get my 61,000 points back. This doesn't seem right to me. There has to be a different way, It's costing way too much money to rent my unit. Is there another way besides going through RCI to rent out a timeshare?
If my renter has a guest certificate could that still violate the RCI rules?

Anything you book via RCI or II is not allowed to be rented out. The guest certificates are for gifting the booking, not for selling it on or renting it out.

 

[chucksg]

Below was my original question, but as I'm reading more and more, people are saying renting my unit violates RCI rules. and my account could be canceled. I thought if I had a guest certificate, that's all I would need to rent out my timeshare. I don't want to get my account canceled. I know I have two weeks each year I can rent out through the Grandview resort, but they charge 30% every time they rent it. So how do I rent my timeshare?

I'm trying to rent out my Grandview, one bedroom unit for 7 days. The only way I know how to do it is to go through RCI, They're charging me an exchange fee, guest certificate fee and points insurance. The total comes to $439.00 & 61,000 points. If I can't rent out my unit, I lose. all the money, but I get my 61,000 points back. This doesn't seem right to me. There has to be a different way, It's costing way too much money to rent my unit. Is there another way besides going through RCI to rent out a timeshare?

 

[Dean]

Anything you book via RCI or II is not allowed to be rented out. The guest certificates are for gifting the booking, not for selling it on or renting it out.

Historically RCI has semi officially allow one to recoup the direct fees paid to RCI but not anything else. II has not been so accommodating to members.

 

[DeniseM]

If you own this timeshare at Grandview, you will work with Grandview reservations to issue a guest confirmation.

If this is an exchange you made through RCI - you cannot rent it, because it's against their rules.

 

[Soccer Canada]

Grandview Las Vegas are still deeded weeks that have been converted to points. For example both my contracts are points but have Week #27 attached to both. Call Grandview and tell them you want to book your home week and would like them to rent it. They take a fairly large cut but I know that most owners come away with at least "something" over and above what the maintenance fee is. YMMV

 

[DeniseM]

@chucksg - I merged your threads - if you have more posts, post them in this thread - don't start another one.

You are confused about how this works - RCI does not provide rental services to owners, period.

If you want to rent it yourself, but you've never done it before, one option is to list it with redweek.com and let them handle it. However, it's not going to be free.

If you want to rent it yourself and handle the whole transaction yourself, at the minimum you will have to provide the following:
- Advertising
- A rental agreement
- A payment method.
- A confirmation issued in the guest's name by the resort

To be honest, with your lack of experience, it sounds like Grandview's rental program may be the best option for you.

 

[iftravel]

@chucksg - I merged your threads - if you have more posts, post them in this thread - don't start another one.

You are confused about how this works - RCI does not provide rental services to owners, period.

If you l want to rent it yourself, but you've never done it before, one option is to list it with redweek.com and let them handle it. Howevter, it's not going to be free.

If you want to rent it yourself and handle the whole transaction yourself, at the minimum you will have to provide the following:
- Advertising
- A rental agreement
- A payment method.
- A confirmation issued in the guest's name by the resort

To be honest, with your lack of experience, it sounds like Grandview's rental program may be the best option for you.

Out of curiosity, is there any resort that has a rental program that consistently rent over MF for owners? I mean in that case one can treat their TS as an investment. Renting oneself requires a bit of skills and scales and not for a small TS owner.

 

[DeniseM]

Not that I know of...

 

[rickandcindy23]

You should be able to book your resort in Home Reservation Priority of 11-12 months. I do this with my Grand Palms. I reserve a week and rent it out. No exchange fee if you do it the right way.

Login to your account and choose book, then you get choices, choose Home Reservations:

Then choose:

You will not be charged anything for 11-12 months out. Then you can rent your week, if it's rentable.

I still have to pay for a guest certificate through RCI, which is really annoying.

 

[moonstone]

Out of curiosity, is there any resort that has a rental program that consistently rent over MF for owners? I mean in that case one can treat their TS as an investment. Renting oneself requires a bit of skills and scales and not for a small TS owner.

Our St. Augustine Beach timeshare will rent ours out for a profit, well over our maint. fee cost, BUT, they own several units (repo's from non-payment of maint. fees) that they of course give priority to and rent out ahead of any owners weeks. We were successful the one and only time we got them to rent ours out many years ago, but it didn't rent until 2 weeks before check-in and I think it only rented because it was Easter week -a very popular time there. It was a stressful time as we didn't know if we were packing up a newborn and 2 toddlers to drive to Florida (from Ontario) or not until almost the last minute and we had told the management 6 months prior that we wanted them to rent it out for us.


@chucksg, If the timeshare sales person told you that you could rent yours out for a good profit then sadly you got fed a fairy tale. One of many that timeshare sales folk use to make a sale. If you cant use your week in Vegas then use your points and trade for a different resort at a different time. As owners with the Vacation Village resorts we (& you) get a slight discount on RCI exchanges to other Vacation Village resorts so we try to book one of them before looking at others. We use the 77K points from our other timeshare to trade and get 3-5 vacations, all 7-13 nights long from just that 1 maint. fee. Yes, we need to pay an exchange fee for each one but it still makes for some cheap vacations.


~Diane

 

[rickandcindy23]

My way is the cheapest way. Reserve during your home resort priority, which is ahead of the 10 months when everyone can book. You will not pay an exchange fee. It's free to book. Try it out and see. Best week for Vegas would be spring break or early summer, maybe. So hot that I don't care for Vegas in the heat of summer. Even May can be 95+ degrees.

 

[montygz]

The Grandview will rent your unit for you. I have seen many posts about this on the Grandview owners Facebook page. If you do a search there you will find anecdotes and information.

 

[Hindsite]

Historically RCI has semi officially allow one to recoup the direct fees paid to RCI but not anything else. II has not been so accommodating to members.

They are looking to recover a lot more than the RCI fees.....

 

[chucksg]

If I understand everybody, I can only rent out my two home weeks a year. I cannot. rent out a unit throughout the year using my RCI points for profit.
We're just not using the timeshare as much as we did. Is there a way to sell the points?

 

[Patri]

Could be time to get rid of the ts (a whole other procedure), keep your RCI or II membership (they won’t know you sold or gave away yours), and book last minute resorts. Or rent through them. Or rent through Tug, Koala, Redweek, etc.

 

[chucksg]

Could be time to get rid of the ts (a whole other procedure), keep your RCI or II membership (they won’t know you sold or gave away yours), and book last minute resorts. Or rent through them. Or rent through Tug, Koala, Redweek, etc.

Thank you, that's good information. I'm really disappointed, I was told I can rent this out by the salesman, of course, it was another a lie. They just want to sell you something.

 

[Ski-Dad]

Anything you book via RCI or II is not allowed to be rented out. The guest certificates are for gifting the booking, not for selling it on or renting it out.

This is 99% correct; however, there are very limited exceptions. One of those exceptions is using your RCI points to book your home week at your home resort. You are permitted to book your home week and rent it out. Daily Management (the Grandview property management co) will rent it out for you. They take 30 or 40% of the rent, but still not a terrible outcome as it will cover your MF.

I have a Grandview RCI points unit and have confirmed I can rent out my home week.

With above said, I wonder whether the OP has booked their home week. The OP has referenced paying an exchange fee. There is no exchange fee for using your deposited RCI points to book your home week. There would be an exchange fee to book an alternate. week at ones home resort. I am not 100% sure that this it how it works more generally, but this is how it works with an RCI points unit at Grandview

 

[Hindsite]

This is 99% correct; however, there are very limited exceptions. One of those exceptions is using your RCI points to book your home week at your home resort. You are permitted to book your home week and rent it out. Daily Management (the Grandview property management co) will rent it out for you. They take 30 or 40% of the rent, but still not a terrible outcome as it will cover your MF.

I have a Grandview RCI points unit and have confirmed I can rent out my home week.

With above said, I wonder whether the OP has booked their home week. The OP has referenced paying an exchange fee. There is no exchange fee for using your deposited RCI points to book your home week. There would be an exchange fee to book an alternate. week at ones home resort. I am not 100% sure that this it how it works more generally, but this is how it works with an RCI points unit at Grandview

Thanks for the update, as you say unclear what the intent is, but from the post on the TUG FB page it isn't the home weeks that they are looking to rent out, if I read it right....