new to renting/selling/buying "trading power" - have questions

[CubaTravelExpert]

I know that POINTS folks rent/buy/sell/trade POINTS to other points folks for something like .03-.07 cents per.

Does anyone do similar with their "Trading Power" (for weeks owners) and if so, how much per individual Trading Power 'unit', plus WHERE and HOW do you find these online?

 

[DeniseM]

I am assuming you are asking about renting RCI TPU's?

RCI does not permit any of their products to be rented. If you get caught, the consequences can be harsh. RCI can freeze your acct., and confiscate your deposits, exchanges, and fees already paid.

*Advertising on the internet is a good way to get caught, because people will turn you in.

 

[bnoble]

Denise, I'm not sure that's entirely right. You definitely cannot rent a confirmed exchange. However, there is a way to transfer a Weeks deposit line to another account. I suspect it is rarely useful, as it costs $98 to move a deposit line from one account to another. I've not looked at the terms to see if that has to be pro bono, but it is possible it doesn't have to be.

 

[DeniseM]

Denise, I'm not sure that's entirely right. You definitely cannot rent a confirmed exchange. However, there is a way to transfer a Weeks deposit line to another account. I suspect it is rarely useful, as it costs $98 to move a deposit line from one account to another. I've not looked at the terms to see if that has to be pro bono, but it is possible it doesn't have to be.

Yes, it can be done, but will it get you in trouble with RCI if you get caught?

*If you do it once - you probably won't get caught. If you start a cottage industry, and are advertising to strangers on the internet - you are much more likely to get caught.

 

[bnoble]

I get that. I was wondering if a deposit was treated differently than a confirmed exchange. However, it is not---I just went back to check the Weeks disclosure guide, and it says (emphasis mine):

The Program is for the personal use of
Members and, if permitted, their guests, and neither
Members nor guest may use the Program for
commercial purposes, or monetary or other
consideration, including without limitation, auction,
barter, rental, raffle or sale of a Confirmed Exchange,
Deposited Vacation Time, Inventory or Guest
Certificate, for example, and RCI reserves the right
to limit the number of Transactions by a Member.

So, OP, no you cannot do this. (And the $100 fee probably makes it inefficient to do so in any event.)

Edited to add: interestingly, I was always under the impression that renting Points between members was allowed, but checking the Points disclosure guide, that appears to be prevented as well. You learn something new every day!

 

[tschwa2]

I know that POINTS folks rent/buy/sell/trade POINTS to other points folks for something like .03-.07 cents per.

Does anyone do similar with their "Trading Power" (for weeks owners) and if so, how much per individual Trading Power 'unit', plus WHERE and HOW do you find these online?

You may be thinking about Wyndham points or some other type of points even then most are really renting a reservation not actual points. An RCI member can rent points directly from RCI for $0.02 per point. There is some transfers of RCI points and unofficial sale of points (although prohibited by RCI) but even before when it wasn't specifically banned the going rate was $0.01 per point for points with a full lifespan and even less for expiring points.

 

[CubaTravelExpert]

[Deleted]

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