......
They would also have the option to deposit with II (if dual affiliated) or SFX or DAE as a week at any time - the 'points' designation is only pertinent to RCI.
Unfortunately, that is
NOT true. If a week has been converted to RCI Points, it can
NOT be used in any other exchange company. Believe me, I have tried (and tried, and tried.)
The problem is, if a week has been converted to RCI Points, RCI will tell the resort that it is committed to the RCI exchange pool. This is true
even if you reserve the week during your Home Week booking window. The resort's records will still show the week as committed to RCI; therefore, all other exchange companies
will reject the week once they try to verify it.
I have seen many posters here swear up-and-down that weeks converted to RCI Points can be deposited into other exchange companies, but I have
never heard of anyone successfully doing this. In fact, I seem to be the only person here who has actually tried to do this. People who claim you can deposited converted weeks seem to be making assumptions about how RCI Points
should work. Unfortunately, that is quite different from how RCI points
does work.
For the same reason, you will have trouble renting out a week that has been converted to RCI Points. When your renter tries to call the resort to verify that they can use your week, your resort will tell them, "Sorry our records show that RCI will be putting an exchanger into that unit." The resort will not get anything from RCI saying that you booked the week during the home week booking window until approximately two weeks prior to check-in. To rent a week that has been converted to RCI Points, you will need an RCI Guest Certificate. Furthermore, back when Madge was here, she was unwilling to say whether RCI rules permit the owner of a week converted to RCI Points to rent that week out.
The reality is,
a week that has been converted to RCI Points is a week that has been deposited with RCI. You have the right to use the week yourself, but otherwise, the week behaves just like any other week that's been deposited in the RCI spacebank.
There are also plenty of other reasons why someone might not want a week that has been converted to RCI, starting with the $224 or so extra transfer fee for converted weeks, and continuing with the hassle of reserving one's week during a narrow period each year and the expense of that $124 RCI Points membership every year, not to mention the various opportunities for RCI to mess up the reservation.
The good news is, it is easy to break an RCI Points contract as part of a sale. You just check off a box on the Membership Transfer Agreement. However, if next year's week has not been reserved during the Home Week booking window, you probably will not have use of that week. Also, if the week is the only converted week in the seller's RCI Points account, you will probably lose the use of any points in the account, as the account will go away.
I was also told by VRI that the resort can break the RCI Points contract at any time, even if the 3 years aren't up and if there is no sale. Whether management companies other than VRI would know how to do this is an open question, however.
You bought two RCI POINTS weeks and you want to get out because you wanted to buy the underlying weeks and the resort says they have NEVER successfully sold a POINTS week to anyone (other than you) because people want to use the deed designated prime week. First off, I thought your reservation privileges were the same regardless of whether you owned points or weeks. Aren't the points tied to an underlying prime week? Sheesh, just when I thought I was beginning to understand RCI points. 
