RCI points to weeks???

[avad88]

I know this may seem strange since everyone asks about converting weeks to points, but does anyone know if a RCI points timeshare can be converted back to weeks. We own a prime summer week on the Outer Banks and purchased it as points, although the deed is a unit and July week. The previous owner paid to convert it and we bought it as a resale. We would like to give it to our son and his family but he has no interest in RCI and only wants it as a week.
Anyone ever heard of this or if it could be done?.
Thanks

 

[ronparise]

Yes I've done it

I don't remember whether I started the process with RCI or the resort

I do remember that RCI made me sign a statement that said I understood the great value I was giving up

 

[WinniWoman]

I really can't help you except to say I have heard that this can be done. I love having weeks ownerships. Just show up each year- easy peasy.

 

[Jan M.]

I know this may seem strange since everyone asks about converting weeks to points, but does anyone know if a RCI points timeshare can be converted back to weeks. We own a prime summer week on the Outer Banks and purchased it as points, although the deed is a unit and July week. The previous owner paid to convert it and we bought it as a resale. We would like to give it to our son and his family but he has no interest in RCI and only wants it as a week.
Anyone ever heard of this or if it could be done?.
Thanks

I strongly advise against converting it back to a fixed week! It sounds like he really doesn't know what he is doing and shouldn't be making that decision at this point.

For future resale most people want points. Points weeks offer a great deal of flexibility and access to more inventory than you get with a week week. It is expensive to convert a fixed week into a points week. Depending on the resort it would be a minimum of $2500-$5000 if not more to convert it back to points and he would have to pay to rejoin RCI. If he wants to continue to just use his week all he has to do is make a phone call and there is no exchange fee.

Are you and your son aware of the benefits of being able to book sale weeks with RCI for 199-$299 plus tax per week with no points used? The yearly membership for RCI isn't that much and you get the best deal by paying for three years at once.

 

[kukenan]

And, as far as I know he can just use his week, without paying exchange fee, so no need to go back to just a week.

 

[theo]

And, as far as I know he can just use his week, without paying exchange fee, so no need to go back to just a week.

True enough, but I would also note that there is very likely a resort policy requiring overt advance notice and reservation within some specified time frame before the underlying deeded week date each year in order to lock up it's use for that year. That detail should be fully investigated and confirmed directly with the resort (and clearly understood by the new recipient-to-be).

Can you toss the points and just own the underlying week as a fixed week? Sure, very easily, but I personally think that it would be outright foolish to do so. Why reverse the (converted) week back to being only a fixed week, thereby unnecessarily (and unwisely) devaluing the ownership? If it doesn't work out for the son and he later wants to part with the ownership, it will likely have considerably broader appeal (and higher market value) with the RCI Points still attached to the underlying deeded week. Why just throw away that "value added" (already provided by someone else, at considerable expense to them) and now yours --- for no good reason? Throw away that "value added" just to avoid a $100 per year RCI membership cost on a timeshare received for free? Sorry, but doing that just makes absolutely no sense to me. YMMV.

 

[avad88]

Thanks for all the comments and it is good to know that ronparise did convert his back.
I have explained the advantages of RCI points to my son and will do so again, as we have weeks and points with RCI. However, he has young kids, loves the outer banks and knows he wants to go every summer. He and his wife both work and get a limited number of vacation days per year so he says they wouldn't be able to use the extra vacations. Maintenance fees are fairly high and he doesn't want to pay the yearly RCI membership fee. Also in this resort, you have to notify them 13 months in advance if you want to use your week and you aren't guaranteed your unit.
It might not be possible to convert, but I guess I need to contact the resort--although with Diamond Resort being the new owner, it might not be easy to get a straight answer. They have been hounding us to convert into Diamond points.
Thanks again.

 

[ronparise]

Giving up Rci points didn't mean giving up RCI

You can still join Rci weeks and still exchange and still take advantage of last calls

I bought the converted week to be able to take advantage of last minute 9000 or 7000 point (I don't remember which) stays. But as it turned out I saw more 5000 TPU vacations than I did 9000 point vacations

Like your son, I bought where I wanted to stay. But I never stayed in my unit/week. I deposited my week for 40000 TPU and traded back into the same resort at the last minute for 5000 TPU

Fo me and my purposes the week worked better than the points. That someone else had paid to convert, didn't bother me at all

 

[theo]

....I saw more 5000 TPU vacations than I did 9000 point vacations

I deposited my week for 40000 TPU and traded back into the same resort at the last minute for 5000 TPU

I think you have inappropriately interchanged (and confused) TPU's (a.k.a. RCI Points "Lite", which is a value assigned to non-points weeks) and actual RCI Points, which is an entirely different animal, completely unrelated to the TPU's of weeks. Deciphered garbled references anyhow, but clarifying for newbies.
Fwiw, RCI TPU's for non-points weeks seldom range above the number 60 for even the best of weeks.

 

[ronparise]

I think you may be inappropriately interchanging TPU's (RCI Points "Lite", for non-points weeks) and actual RCI Points (an entirely different animal) here, but I understand the intended message just the same. Fwiw, TPU's seldom (if ever) range above the number 60 for even the best week.

I understand points and weeks are two different things>> I think I got it right...at least its right in my head

Its been a while since I used RCI (points or weeks) so I may have the numbers wrong, but I think I got the concept right.... Lets try again

As I recall my week at Vacation Village at Parkway, when it was in the points side of RCI, was worth 72000 points and at the last minute I could make 9000 point reservations. My problem was that there never seemed to be discounted inventory that worked for me>>>

So I dropped out of the points program

Once out of the the RCI points program, I was able to deposit my week to the "weeks" side of RCI. My week was a lock off and could be deposited as 2 one bedroom units at 20000 trading power units (TPU) each.

The cool thing was that there was almost always one bedroom availability at Vacation Village at Parkway (3 hours from my home and they are dog friendly) at 5000 TPU and the exchange fee was discounted when trading back into the Vacation Village family of resorts


Why I 'unconverted' my week is not important, and whether or not anyone thinks its a good idea or not, is not important. The important thing for this discussion is that I did it and that answers the ops question....."can it be done?" The simple answer is yes...Perhaps i should have stopped there

 

[vacationhopeful]

RCI Points has the HOME WEEK, HOME RESORT and HOME GROUP booking windows. 13, 12, and 11 months before checkin day BOOKING WINDOWs. Home Week does NOT have a fee to book ... the other 2 do, but HOME RESORT is way cheaper where HOME GROUP booking window has the full exchange fee.

Yes, you can drop out of RCI Points and then, you can exchange only by depositing your WEEK into RCI (or II if the resort is dual affiliated) weeks .... for 7 night exchanges.

Paying for a RCI Points account also gives you an RCI Weeks account.

 

[DianneL]

I had one resort that was points and others that were weeks. I converted the one that was points to weeks. I started the process with the resort. Weeks just works better for me.

 

[JudiZ]

We purchased a week that had been converted to points but we had/have no desire to trade the week. The week is the time we want and the unit is exactly what we wanted - ground floor next to the pool. The rep at the resort encouraged me to keep it in points but we have an RCI weeks account with a couple of tiger traders so it just didn't make sense for us. I want to know that our unit for our week is always available. Maybe not right for everyone but right for us.