frankieray
TUG Member
Hi New to tug first post. Thinking of buying Four Seasons in Carlsbad. Their exchange is something called Elite. Does anyone know anything about this. Good deal or good company? Any advice would be appreciated.
-
TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!
Check out our happy birthday post here: Happy Birthday TUG! -
TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!
Come check it out for a chance to win a Free TUG membership (or renewal) just for helping out!
Read more here -
TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!
Read more here: TUG saves owners more than $21 Million dollars -
Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
-
Sign up to get the TUG Newsletter for free! 60,000+ subscribers! Latest resort reviews and the most important topics discussed by owners during the week!
-
Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!
Read more Here
Four Seasons resale and exchange program in Elite
- Thread starter frankieray
- Start date
- Joined
- Dec 19, 2008
- Messages
- 15,914
- Reaction score
- 4,588
- Points
- 598
- Location
- Maryland
- Resorts Owned
- A few in S and VA, a single resort in NC, MD, PA, and UT, plus Jamaica and the Bahamas
Resale does not qualify for internal exchange program. Even eligible members are not guaranteed success. If I remember correctly it is done lottery style. You put in your requests and since only a small percentage of owners in one of the non timeshare properties desire exchanges into the 2 timeshare properties, then the number is determined by the demand. Platinum owners probably have a better chance. I doubt the number fulfilled vs demand is greater than 20%.
I believe if you buy a unit from the association you may be eligible for internal retrades but I don't think the association will sell you one of their resales unless you already own at least one unit which could be resale or retail.
Straight out resale owners must use II or may be able to use RCI registry collection. I no longer own their and my info is about 3 years old but there is enough competition for the non timeshare property exchanges that I can't believe they would invite in additional resale purchasers to make the competition even more difficult.
I believe if you buy a unit from the association you may be eligible for internal retrades but I don't think the association will sell you one of their resales unless you already own at least one unit which could be resale or retail.
Straight out resale owners must use II or may be able to use RCI registry collection. I no longer own their and my info is about 3 years old but there is enough competition for the non timeshare property exchanges that I can't believe they would invite in additional resale purchasers to make the competition even more difficult.