how many rentals are RCI exchanges?

[DannyTS]

Few days ago on Ebay there were tens of week long SSR listings (several sellers), now there are none! Could this be a coincidence? Maybe Ebay is cracking down on the illegitimate rentals.

 

[TravelTime]

Or maybe those low prices rent out quickly?

Or maybe the rental companies read TUG and realize we may report them?

Who knows what happens on a sleazy place like eBay?

 

[paxsarah]

a sleazy place like eBay

Really? EBay has millions of transactions per day, most of which are completely legitimate.

 

[Shankilicious]

Really? EBay has millions of transactions per day, most of which are completely legitimate.

However, there are also a lot of horror stories with all those transactions. But most of the time the buyer doesn't read all the details before purchasing.
Years ago when the Wii game system was new, and you couldn't find it in stores,
people were selling just the box on eBay, and people were buying it for hundreds of dollars. No game system, just the box, even though the description stated that the box was all that was for sale.

Sent from my SM-G892A using Tapatalk

 

[OldGuy]

Years ago when the Wii game system was new, and you couldn't find it in stores,
people were selling just the box on eBay, and people were buying it for hundreds of dollars. No game system, just the box, even though the description stated that the box was all that was for sale.

Sent from my SM-G892A using Tapatalk

Still upset over that box you bought on eBay, huh?



Actually, kind of a semi-accurate comparison of what some people thought they were getting when they bought a timeshare . . . just the box.

 

[OldGuy]

The irony just struck me.

Timeshare people saying eBay is sleazy. (No offense to people here.)

 

[Shankilicious]

Still upset over that box you bought on eBay, huh?



Actually, kind of a semi-accurate comparison of what some people thought they were getting when they bought a timeshare . . . just the box.

Lol! Nah. I've been buying on eBay since 02. Haven't gotten "scammed" once. Just gotta pay close attention to the details.


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[TravelTime]

I live in Silicon Valley and have never bought or sold anything on eBay. Actually I do not know many people who use eBay, now that I think about it. I think of eBay like an electronic flea market.

 

[Dean]

Still upset over that box you bought on eBay, huh?



Actually, kind of a semi-accurate comparison of what some people thought they were getting when they bought a timeshare . . . just the box.

I've probably had more problems with Amazon and Walmart.com over the years than ebay but you have to be careful with anything. Read the description, read the reviews, etc. I was looking at something recently on Amazon and there reviews for several different companies selling similar products were almost 100% and a fair volume of reviews but if you looked closer, they were all from that day or the day before.

 

[OldGuy]

Over the years, I've had more problems resolving issues at brick and mortars stores than with third party vendors at Internet sources, what with all their reviews and ratings and reliance on those Internet outlets.

What were we talking about . . . oh yeah DVC rentals, or something.

 

[DannyTS]

I live in Silicon Valley and have never bought or sold anything on eBay. Actually I do not know many people who use eBay, now that I think about it. I think of eBay like an electronic flea market.

Maybe you should sometimes descend to the Earth among mortals

 

[TravelTime]

Maybe you should sometimes descend to the Earth among mortals

LOL. I like being in outer space with the aliens.

 

[paxsarah]

I swear, I’m not trying to be an eBay apologist, but this just leapt out at me...

I am so tired of this speculation without facts.

a sleazy place like eBay

I live in Silicon Valley and have never bought or sold anything on eBay

 

[TravelTime]

I swear, I’m not trying to be an eBay apologist, but this just leapt out at me...

Yes...what does this mean?

 

[TravelTime]

My non California friends often tell me I am out of touch. But I reply they are out of touch with the way life works in the SF Bay Area and specifically the Silicon Valley.

This would be like telling someone in Hong Kong that they are out of touch with Finland.

Maybe someone like VacationForever who has lived where I live (more or less) understands what I am trying to say?

 

[TravelTime]

eBay is Dead - this is common knowledge

 

[JohnB3]

eBay is Dead - this is common knowledge

As Mark Twain said “reports of my death have been greatly exaggerated”

Apr 23, 2019 EARNINGS
eBay Inc. Reports First Quarter 2019 Results

Q1 Revenue of $2.6 Billion; GMV of. 22.6 Billion.

Revenue of $2.6 billion
GAAP and Non-GAAP EPS per diluted share of $0.57 and $0.67, respectively, on a continuing operations basis
GAAP and Non-GAAP operating margin of 23.0% and 29.8%, respectively
Returned $1.6 billion to shareholders in Q1, including $1.5 billion of share repurchases and $125 million paid in cash dividends


I’d agree growth has slowed down quite a bit and it’s not likely to grow as in the past but it’s growing and serves a purpose so not dead yet. I believe there are better places to work in the valley but that’s not the same as dead . I was an IT guy before I retired and the valley tech culture is tough. I still buy a few things on eBay odd technology and vintage stuff are still more available there then elsewhere.


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[frank808]

eBay is Dead - this is common knowledge

News to me that Ebay is dead. I have stock in company and they are doing ok. Not spectacular like in the early days, but still trudging along.

Sent from my SM-N950U using Tapatalk

 

[Pathways]

I am so tired of this speculation without facts

eBay is Dead - this is common knowledge

I'm thinking these posts are tongue-in-cheek as the post had a link to a disgruntled nut who sounded like he was shorting the stock. BTW, in case you caught the link before it was removed, it was dated over TWO YEARS AGO! (a lifetime in silicon valley, which is why I think this was tongue-in-cheek)

 

[TravelTime]

Sort of tongue in cheek. I found it funny that when I googled the term “ebay is dead” so many articles and discussions pop up. I know they are still a huge dinosaur of a company but that does not mean they can’t be dead too.

 

[DannyTS]

I am a bit surprised that the SSR listings are still on the website of Vacation Strategy since i am sure that both RCI and DVC monitor TUG.

 

[Dean]

I am a bit surprised that the SSR listings are still on the website of Vacation Strategy since i am sure that both RCI and DVC monitor TUG.

I think RCI has shown little interest in monitoring this issue though they might for this situation. II is more active in this area of enforcement.

 

[mark201235]

There is currently a one bedroom unit at Saratoga Springs for Christmas week listed on eBay. It states the $190 resort fee in the item description. Buy it now price $1199, or best offer. Assuming this unit is an exchange with RCI and if that unit was 45 TPU with RCI, after paying exchange fee and guest certificate it would only be break even for the seller if he/she was at a $19.35/TPU ratio. So they must either have a much better ratio or don’t plan to make much money off of this rental considering the chance they are taking in listing it. It does seem like a steal for a renter at this price if there are no glitches along the way.

Mark

 

[paxsarah]

There is currently a one bedroom unit at Saratoga Springs for Christmas week listed on eBay. It states the $190 resort fee in the item description. Buy it now price $1199, or best offer. Assuming this unit is an exchange with RCI and if that unit was 45 TPU with RCI, after paying exchange fee and guest certificate it would only be break even for the seller if he/she was at a $19.35/TPU ratio. So they must either have a much better ratio or don’t plan to make much money off of this rental considering the chance they are taking in listing it. It does seem like a steal for a renter at this price if there are no glitches along the way.

If this was an exchange through the Wyndham portal, that week was only 105,000 Wyndham points and could easily make a $2-300 profit at an average MF rate, more if the points were from a lower-MF resort.

 

[mark201235]

If this was an exchange through the Wyndham portal, that week was only 105,000 Wyndham points and could easily make a $2-300 profit at an average MF rate, more if the points were from a lower-MF resort.

True enough. I didn't think of it that way and I'm even a Wyndham owner !