How to sell a timeshare converted into RCI points.

[Lucky Larry]

Does anyone have experience or advice on selling a timeshare converted into points. We converted our Vacation Village at Boneventure that provides 72,000 points annually. All the listings I see are for the actual unit. It has been good for us but now with sickness we can no longer travel as we did.

Thanks

 

[LannyPC]

Have you checked the sticky article in this forum about selling TSs?:

https://tugbbs.com/forums/threads/how-to-sell-your-timeshare-and-avoid-getting-scammed.44/

The advice and principles apply to what you are looking to sell just like you would sell any other TS.

 

[escanoe]

Have you checked the sticky article in this forum about selling TSs?:

https://tugbbs.com/forums/threads/how-to-sell-your-timeshare-and-avoid-getting-scammed.44/

The advice and principles apply to what you are looking to sell just like you would sell any other TS.

Be sure when you list it to include it is enrolled in points and include how many it gets a year. If you have any previous year points left in the RCI account, they can transfer (along with current year) points with the sale. It may make the transfer a bit more desirable to interested parties.

 

[Passepartout]

The TS, and it's deed are one thing, and the Points agreement with RCI are a different thing. When you sell, you transfer the deed, just like it's a fixed week. The arrangement between the TS and RCI to transfer those points on a certain date- as long as the MF is paid is a 3 party agreement. Talk with the transferring agent.

 

[Jan M.]

When you list it make sure you give the week number, how many points it gets annually and the maintenance fees. Points weeks are actually more desirable than fixed weeks.

You could also explain that if some years the owner wants to use their week instead of getting the points they have that option. They would need to contact the resort and RCI I believe it's 11-12 months before that week to arrange to do that.

Mention the two extra weeks Vacation Village resort owners get per year within 45 days of check in for approximately the exchange fee and tax with no points needed. We've found there's a nice selection of resorts available in those weeks. Also that Vacation Village periodically has special offers but they are usually only at Vacation Village resorts. The current promotion started at the beginning of October, ends on 12/31 and offers weeks through 3/27/22 for $159 with no points needed.

There was another promotion earlier in the year for $99 weeks. Back in March I took advantage of it to book us a one bedroom unit at Grandview at Las Vegas for the week of 9/3. So checking in on Friday of Labor Day weekend.

If you don't own anything else in your RCI points account so won't need to keep it you can also transfer the account to the new owner. Go to the RCI website and bring up fees and forms to view and print out the MTA form (Membership Transfer Application). Any paid up RCI dues can be credited to the new owner when you transfer an account. There's a $98 fee to transfer the account. To open a new points account it's $222 but includes the first year's RCI membership fee. It might actually be a little easier if you're transferring both the account and the deed.

When you transfer the deed after the new owner gets their new RCI account set up or even if they already have an existing RCI points account you or they have to contact Daily Management to get the deed moved from your account to theirs. It doesn't get automatically moved.