Week exchanges harder to do now due to pts systems?

[bdurstta]

With all the point systems out there now....are people still depositing their weeks? Seems harder to find things these days.

 

[Tank]

point system has defiantly made it harder to get complete weeks in the HIVC point system.

 

[silentg]

No, there are still non point exchanges available. The TPU system lets you combine trading power or in some cases you can get 2 weeks for one it depends on the TPU value of your timeshare. I only have one points based timeshare and I usually do internal trades. I do have a high TPU week that I use in RCI, but have been exchanging with smaller exchange systems and with other TUG members. So far things are going smoothly, have been Timesharing since 1981, but have got better at it by joining TUG. Though I am still learning, hopefully I have been helpful to others too!
Silentg

 

[Tank]

Can you take your point system, reserve the best "bang for your buck" week with it and deposit it to RCI for TPU's to trade ?

 

[DeniseM]

Many resort systems are not in the points system, and it is very expensive to convert your week to points. Because of the high cost, I don't think people are rushing to convert their weeks, to points.

Can you take your point system, reserve the best "bang for your buck" week with it and deposit it to RCI for TPU's to trade ?

It depends on the resort.

 

[bdurstta]

Mostly I've used sfx for trades (but I was limited to certain times) so not much has come up in over a year. TUG as the BEST thing that happened to me (outside of actually buying a timeshare...LOL) and I've learned so much over the years. But it seems like a new ball game with all the different points systems. I have not used II much, but perhaps its t ime to give it another try. Thank goodness we actually bought where we like to go.

 

[victorianlady]

This is actually a situation I'm facing. My parents bought a timeshare at Highlands at Sugar (Banner Elk, NC) -- an excellent week for the area (week 41, peak color) many years ago. They used to be RCI members and occasionally traded but in recent years they just banked their weeks. Eventually they just cancelled RCI and surrendered whatever they had in the bank. They've continued paying their maintenance fee (around $700) but have not used their week.

Now my father has passed away and my mom is frail and cannot travel. She just wants to get out of this, but the resort does not take deed backs. We've been advertising on Craigs List and TUG to sell it for basically closing costs, with no success.

A salesman for the resort says that if we pay to convert that week to points, it'll be worth 45.5K points, which he says should sell for about $0.19 per point (roughly $8600). But they want $3300 to convert to points, plus 30% commission, $499 closing cost and $75 transfer fee.

We've not been able to give this thing away, so by now we're tempted by the salesman's pitch. But your forums say never pay more than $500 to convert to points.

We are not experienced timeshare owners. What should we do? None of the children want the timeshare and we've not been able to sell it or donate it.

 

[DeniseM]

Welcome to TUG - We has a specific forum for giving away timeshares, and before you pay anything, I recommend that you make an effort to give it away there.

*I am not referring to the TUG Marketplace, I'm referring to the Bargain Deals Forum here in the discussion forums.

Also - You simply cannot believe the sales person, because their work for commission and will say anything to make a sale. I do not believe that you can recoup the cost of converting to points, because there are too many free and cheap timeshares with points on the market.

How to give your timeshare away on TUG:

http://www.tugbbs.com/forums/showthread.php?t=132509

To be successful, I recommend that you offer it for free, include the 2016 maintenance fee, and pay for the title transfer (about $150.)

 

[ronparise]

This is actually a situation I'm facing. My parents bought a timeshare at Highlands at Sugar (Banner Elk, NC) -- an excellent week for the area (week 41, peak color) many years ago. They used to be RCI members and occasionally traded but in recent years they just banked their weeks. Eventually they just cancelled RCI and surrendered whatever they had in the bank. They've continued paying their maintenance fee (around $700) but have not used their week.

Now my father has passed away and my mom is frail and cannot travel. She just wants to get out of this, but the resort does not take deed backs. We've been advertising on Craigs List and TUG to sell it for basically closing costs, with no success.

A salesman for the resort says that if we pay to convert that week to points, it'll be worth 45.5K points, which he says should sell for about $0.19 per point (roughly $8600). But they want $3300 to convert to points, plus 30% commission, $499 closing cost and $75 transfer fee.

We've not been able to give this thing away, so by now we're tempted by the salesman's pitch. But your forums say never pay more than $500 to convert to points.

We are not experienced timeshare owners. What should we do? None of the children want the timeshare and we've not been able to sell it or donate it.

You can still deposit your week as a week for 17-20 Trading Power Units (not RCI points) and there are still plenty of very fine exchanges that can be done

 

[victorianlady]

I've submitted it for $1 in the Bargain Basement section, ad is pending.

Thanks, DeniseM and RonParise, for responding.

 

[DeniseM]

I've submitted it for $1 in the Bargain Basement section, ad is pending.

Thanks, DeniseM and RonParise, for responding.

The Bargain Basement is in the TUG Marketplace - a completely different part of TUG.

You should also post it here in the discussion forums, in the Bargain Deals forum.

ALL THE DETAILS:

http://www.tugbbs.com/forums/showthread.php?t=132509

 

[SueDonJ]

In the Marriott system there are still many Weeks Owners who are successfully exchanging within II, outside of the Marriott Points system, although we have noticed that Marriott-controlled inventory - especially the highest-demand intervals - is loaded into II closer in to check-in dates.

Trust Points are those purchased by Marriott Destination Club Trust Members, which can be used within Marriott's internal system to book any Marriott intervals available through the DC Trust or through the DC Exchange Company. Exchange Points are those allotted to Marriott Weeks Owners who have elected to exchange their enrolled Weeks to DC Points, which election can be made on an annual basis. When using Points Exchange Members only have direct access to the intervals made available in the Exchange Company, meaning that they cannot access Trust intervals until Marriott makes them available through the Exchange Company. Marriott hasn't come anywhere near disclosing how they manage inventory but it's obvious that they mingle inventory among the Weeks, Points and II users.

When dealing in II Marriott DC Trust Members can use their Points for exchanges to non-Marriott resorts on a Points currency basis; in other words, they don't reserve a specific interval with Marriott and then deposit that interval into II. Marriott Weeks Owners can still exchange their Weeks (enrolled or not) through II to Marriott and non-Marriott resorts, the same way they've always done it by reserving their specific owned Weeks and depositing those specific reservations.