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Resort tradeability

rpanzino

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Hi everybody

Brand new to timesharing - I'm presently closing out on a 1BR at the Taino Beach (Freeport). I'll likely be using the time here but I'm looking for a 2nd unit for tradeability.

My question is which locations would trade better than others or is it on a resort level? Right now I see over on Timeshare Nation the Crystal Beach in Miami. Worth it or not??

Thanks Lots
Rachel
 

theo

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Not enough information...

Hi everybody

Brand new to timesharing - I'm presently closing out on a 1BR at the Taino Beach (Freeport). I'll likely be using the time here but I'm looking for a 2nd unit for tradeability.

My question is which locations would trade better than others or is it on a resort level? Right now I see over on Timeshare Nation the Crystal Beach in Miami. <snip>

Welcome to Planet Timeshare and its' many nuances and oddities.

I know nothing about the Miami resort to which you make reference and you have not identified the "exchange" company / companies with which that particular Miami facility is affiliated. Absent those details, only some general observations about "trade value" can be offered in reply to your inquiry.

In RCI, the biggest of the "exchange" companies, each and every individual week / unit size at each and every (non-RCI Points) RCI-affiliated facility is assigned a specific numerical value for "trade" purposes. This RCI-invented "value currency" is known as TPU's (Trading Power Units). When you deposit a (non RCI-Points) week with RCI, the TPU's assigned to your "deposit" are what you have to "spend" toward an exchange. If you need more TPU's for an exchange than you have on deposit, you're out of luck. If you have more TPU's than you need for an exchange, the "leftover" TPU's not utilized for the exchange remain available in your RCI Weeks account.

In II, trades are more "like for like" and do not (...not yet, anyhow) involve any such specific numerical valuations of individual weeks. That could change in the future.

Dial an Exchange (DAE) is a smaller, independent exchange company, based a bit more simply upon "what's available".

All three of the above exchange companies have complicated matters in recent years (in their quest for more incoming cash, of course) by creating membership "tiers".
Gold, Platinum, etc. members get first crack at available exchanges. Those with "basic" memberships now stand further back in line behind the "higher level" members with (higher cost) Gold, Platinum, etc. memberships for access to deposited exchange inventory. "Basic" level members can always opt to pony up the additional pesos required to "upgrade" their membership (which, of course, is the underlying goal of the exchange companies).

I respectfully suggest that you do your homework and perform due diligence before buying (or acquiring for free) any timeshare just to "trade" it. Acquisition is easy; lawful disposal later, not so much. Annual maintenance fees are a certainty --- it doesn't matter later if the timeshare was acquired for almost nothing. Those future maintenance fees are guaranteed, will increase and are permanent. On Planet Timeshare, the devil is always in the details. You would be wise to exert the effort to read, study, learn, absorb and sort out those many details before pursuing any further acquisitions --- even "free" ones. In the end of course, there truly is no "free" anyhow.
 
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rpanzino

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Crystal Beach is an Interval International resort.

Hope this helps w/ advice? I value people's experiences here and don't know what I don't know that's what brings me here.
 

tschwa2

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if you are new to timeshares, you need to take a breath learn the system that you have now before buying (or taking a free one) in another especially with the intent on using it to exchange. If it is something you want to use and the MF's is less than what you currently pay to rent something either comparable or lesser than go for it now. If not just wait a bit.
 

Passepartout

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Rather than buying into a timeshare resort right away, we'd suggest you first hang around the site for a while, at least until you become familiar with the lingo and common acronyms. Study the various systems. Answer the questionnaire at the top of the Newbies forum to help us help you find a good fit. Ttimeshares are very easy to buy but can be painful to unload- not unlike marriage. :)

Then rent a time or two at resort's you consider. It's easy and secure, up in the Marketplace in the red stripe above here.

No point in buying now anyway. It will take a few months to transfer ownership into your name for use anyway, and could even then- if the resort is popular- be all booked up for next Summer.

Welcome to TUG

Jim
 

BevL

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Adding my welcome to TUG and Jim's advise in the past above is spot on.

Please don't take our responses to be that we're dismissive or your question isn't a good one. It's just that, and I mean no offence by this characterization, the vagueness of your question indicates to experienced TUG members - to which I am extremely grateful for the education they provide - that it's not truly helpful to you at this point to start suggesting specific resorts and whether they're a good fit.

So take Jim's advice. Learn what is going to be a good fit for you, timeshares aren't one size fits all, especially with respect to if you're purchasing to exchange or travel to different locations. Keep an open mind - think about a points system, or somewhere you might actually use plus has good exchangability.

I will watch for your post and again, welcome to the community.

Bev
 
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