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Trading/depositing of weeks question

macataho

TUG Member
Joined
Aug 11, 2005
Messages
10
Reaction score
0
Points
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Location
Huntersville, NC
When I deposited my week from our resort to II I found out that they deposited a 4/2005 week (I requested this deposit in 5/2005 thinking I would be getting 4/2006). This frustrated me because I had wanted to use it for summer 2007 - but that's beside the point. My question is (hopefully this will make sense) - If they deposited a 4/2005 week for me and I tried to exchange for a summer 2006 - would it be stronger than a 4/2006 week for that trade? Or would it have no bearing on the trading value?

Also, when I am depositing my week can I specify the month and year or is that taboo? So far, Festiva has been very nice but since this was our first deposit I was unsure what to ask for and what to expect. I did ask for an April week (I just didn't think to ask for the year also). They tried to tell me that all weeks were created equal in II and I told them they weren't - they acted like they had never heard of that before. I would like to hear other people's experiences on this - are you usually able to request exactly what you want deposited? (we have a floating week in Myrtle Beach that is good for anything but May-August).
 
J

JoeMid

Your own resort sets the policy on how they handle exchange company deposits. For owners of floating weeks, some resorts select the week and some resorts let you select the week. From your description it looks like they let you select a deposit.

If you requested a deposit in 2005 and had not used your 2005 floating week, it would make sense that the resort deposits a 2005 week. In May2005 you asked for April they gave you April2005. They would have previously deposited that week to the exchange company or there's no way they could have assigned the week to you after the fact. This is a result of a bulk spacebank where Festiva deposits many weeks into the exchange company based on their past experience with how many of their owners they expect to want to deposit with the exchange company. This can work to your advantage if you forget or are late in doing your deposit as the resort has already 'done it for you' so to speak and you get the advantage of an 'early deposit.'
 
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