Can rent but not exchange for week I want on RCI

[Diane]

Has this been explained elsewhere? I see the starting date and size unit I want at The Islander Beach Resort in New Smyrna Beach, FL for rent on RCI's website but I cannot pull it as an exchange. I have emailed RCI about this, but wonder if RCI has given someone an explanation for this situation.

Thanks,
Diane

 

[brother coony]

I was told by RCI rep. that they buy weeks from resort and that when someone sign up for points and turn over there weeks to RCI for 3 years, those are not exchange weeks, they belongs to RCI and they can do as they please with those weeks
Exchange as explain to me is I put my week in the exchange pool and take one out thats exchange, any other weeks RCI gets on its own is ther's to do what ever they please

 

[Nancy]

Power

Sometimes they put units in Extra Vacations that you don't have the power to exchange for. It's maddening to see it but can't trade for it.

Nancy

 

[Carolinian]

RCI employees who have posted on their own on this site and on others have said that RCI will frequently take a good week deposited for exchange and unconnected to any points situation, cruise, etc. and immediately place it in their rental pool.

There was a situation on the OBX where an owner complained that they had seen someone who posted weeks for rent on Red Week for most months at the resort. The resort manager investigated and found that it was someone who as a broker was obtaining rental weeks through RCI. This resort did not bulkbank or rent any weeks to RCI. The only source of weeks RCI had were owner exchange deposits. The manager noted that the same seller had listed most weeks at a number of other resorts on the OBX on Red Week, so she passed the word to managers there. Shortly afterward, this person pulled all of those weeks off of Red Week. But it appeared that they had access through RCI to most if not all exchange deposits so they could rent them to the general public.

 

[Jbart74]

Maddening! I guess I should just stop paying RCI's annual fees and rent from them instead. Not to mention all of the other rental weeks available on the market. I wonder why we even bother owning and paying MFs? I can find almost anything I want to rent for the cost of a MF these days.

Sad.

 

[king1]

Renting from RCI is my vacation business model now, but what will happen when everyone wises up to their larceny and stops depositing? There are thousands of weeks available for rent from RCI below main., and many more just a little above. That seems to be an unsustainable scheme, but you know what Barnum said(is reputed to have said, when the quote was really from someone else during the Cardiff giant comic opera).

 

[rsnash]

Is there a way to search RCI's extra vacations if you are not a member? I already belong to II and only own 1 TS, so I don't think it's necessary to join both, but I'd like to check out what you all are talking about.

 

[king1]

The vacation offers tab doesn't show on the RCI site until you log in, so there may not be a way to rent directly, but they rent through other sites. I've never looked, but I think you can rent RCI weeks from Amex and others. Someone will surely chime in here with more detail.

 

[skimble]

There's a large bundle of straw on the back of the RCI camel

Renting from RCI is my vacation business model now, but what will happen when everyone wises up to their larceny and stops depositing? There are thousands of weeks available for rent from RCI below main., and many more just a little above. That seems to be an unsustainable scheme, but you know what Barnum said(is reputed to have said, when the quote was really from someone else during the Cardiff giant comic opera).

Business practices that lack integrity and border on corruption eventually become recognized by the consumers. VRIety, GPX, Redweek exchange, and a bunch of others are waiting on the sideline with some great deals to entice people to deposit with them.
First National Bank, about 10 years ago, decided to hold credit card payments in the mail room for a week before processing them, making a few extra $ on the fines and interest. The people who used this service didn't know or understand the practice; they just knew there was something they didn't like. Within a year, they lost 90% of their business and they went under. They didn't foresee it.
There's a large bundle of straw on the back of the RCI camel.

 

[theo]

Business practices that lack integrity and border on corruption eventually become recognized by the consumers. VRIety, GPX, Redweek exchange, and a bunch of others are waiting on the sideline with some great deals to entice people to deposit with them.
First National Bank, about 10 years ago, decided to hold credit card payments in the mail room for a week before processing them, making a few extra $ on the fines and interest. The people who used this service didn't know or understand the practice; they just knew there was something they didn't like. Within a year, they lost 90% of their business and they went under. They didn't foresee it.
There's a large bundle of straw on the back of the RCI camel.

I certainly agree with every well reasoned and intelligent word above. However, RCI now distributes the load of "straw" (....I might have chosen a less polite "s" word for that analogy...) onto the backs of so very many different camels that it's hard to envision how any one camel will fold under the weight. I'm hoping (perhaps naively) that a decision in Murillo vs. RCI will somehow round up and properly train all of the RCI "camels"...