RCI is skimming the best deposits for rentals

[rickandcindy23]

Perhaps I worded my original post badly. It was not really about me and my situation. My example was offered as proof that RCI is skimming the best deposits for their rental pool, not as they would have us believe, just renting those deposits that (lie #1) would have gone unexchanged or (lie #2) had been deposited in exchange for a cruise. I have not personally seen my best deposits placed directly into RCI's rental pool before, while blue week deposits from the same resort go into the exchange pool.

Ouch!

I knew what you were trying to do, Judy. I don't know why the guys all chimed in like that. Do you think some of them are a little bitter? :rofl:

I would bet you have superior trading power for that week, if RCI can rent it for so much money. I think that area has to be one of the best exchanges out there.

 

[dmbrand]

Judy,
Posting your information is very helpful, thank you. These continued discussions on exchange companies may seem repetitive to some, but do help those of us still learning the ropes. And the subsequent posts are helpful as well, and mildly entertaining.

Now, do you suppose that RCI would pull that week out of rentals to fill a request in the future?

 

[Ironwood]

As for those people who might continue to business with RCI despite the fact that they feel they are getting ripped off, well .... I'm not sure how to respond if someone persists in doing something that leaves them worse off than if they did nothing at all.

While my tally of posts would suggest I'm still a newbie, we have timeshared for 25 years, owned three separate properties, currently one, and have been an interested observer of this site for some time before taking the initiative to join BBS. While we have growing frustration with our experience with RCI we have not switched primarily as we'd rather deal with the devil we know, and I suspect this may be the case with many other owners. And as we all know many owners are completely unaware of these issues and alternatives that exist...played tennis yesterday with a long time timeshare owner who was completely unaware of TUG BBS...but he was going to check it out last night! To RCI's credit and I'm am sure influencing our dealings with RCI is the way they came to our rescue twice over our years of exhanges, when we found ourselves checking into resorts that were wholly unacceptable. So for the time being we work with them as best we can.

 

[Carolinian]

Another very important pro-active thing that people can do is when you hear that the period for comment on the RCI ''settlement'' is open again, then PLEASE send in an OBJECTION to the settlement and ask to OPT OUT of it. These numbers are the main thing getting the judge's attention that all is not well in RCI-land. Maybe we can force that case into a trial posture, and then force a REAL settlement out of RCI.

 

[Judy]

I would bet you have superior trading power for that week, if RCI can rent it for so much money. I think that area has to be one of the best exchanges out there.

My week used to be a tiger trader, but since the RCI "enhancements", it's lost about 20,000 exchange options. Now I'm wondering whether it's really a loss of trading power, or simply a result of RCI's moving more deposits into rentals. After all, if units are not available for exchange, you can have the highest trading power and still not be able to see them.

Perhaps the Outer Banks in summer is such a tough trade because most of those deposits are going into the rental pool.

 

[Judy]

Now, do you suppose that RCI would pull that week out of rentals to fill a request in the future?

Sadly, no. After the RCI supervisor had given up lying to me (I think), I asked her whether an ongoing search, already in place, would have priority over the rental pool for a new deposit. She said "no". If they won't give a new deposit to an ongoing search already in place, IMHO they certainly won't pull anything out of the rental pool to fill a new request But if a rental doesn't sell, then I think they'll make it available for exchange at the last minute.

 

[rickandcindy23]

My week used to be a tiger trader, but since the RCI "enhancements", it's lost about 20,000 exchange options. Now I'm wondering whether it's really a loss of trading power, or simply a result of RCI's moving more deposits into rentals. After all, if units are not available for exchange, you can have the highest trading power and still not be able to see them.

Perhaps the Outer Banks in summer is such a tough trade because most of those deposits are going into the rental pool.

I have been complaining about that myself, as you know. I am so angry with RCI, and because they are doing this to our weeks, they will go elsewhere. I was bitter, but I am getting over it. These other alternate exchange companies deserve a chance to have our weeks. I purposely bought prime summer weeks, for exchange power, which used to be great with RCI. Now it just isn't anymore. I accept it, but I know what I have to do.

 

[Carolinian]

My week used to be a tiger trader, but since the RCI "enhancements", it's lost about 20,000 exchange options. Now I'm wondering whether it's really a loss of trading power, or simply a result of RCI's moving more deposits into rentals. After all, if units are not available for exchange, you can have the highest trading power and still not be able to see them.

Perhaps the Outer Banks in summer is such a tough trade because most of those deposits are going into the rental pool.

From the experience of a number of regular RCI searchers at Timeshareforums, the conclusion is that 10-20K weeks simply vanished in the disenhancements. The thread is at

www.timeshareforums.com/forums/rci/93191-how-big-yours.html

The interesting discussion starts at the top of page 3.