Whats the highest TPU you've ever seen?

[tombo]

I understand that. But, there is a mostly-strict "firewall" between inventory in the rental pool (i.e. that disney controls) and inventory in the timeshare system (i.e. that Members "own"). Disney does not do developer deposits; they rent them instead.

I can give you more details another time for why I believe this---running to a meeting this morning. But, I am confident that it is true.


.

Wow. If Disney deposits weeks based on owner's points required, there are some owners depositing a lot of points with RCI for exchange. I am very surprised that people spend so much to buy DVC and so much for annual MF's to not use the weeks themselves if you are correct there are a LOT of DVC owners using their points/weeks for exchange rather than personal use. It is a good thing for RCI exchangers enjoying easy and relativelly cheap access to DVC inventory that most DVC owners are not members of TUG or the Dis Boards, because if they were that inventory would dry up. You seem to know for sure and I am not doubting you, but I am still surprised that there are that many Disney owners depositing their weeks for exchange.

I feel the same way about the Manhattan Club. It is a bad deposit for exchange given what the annual MF's are and given what the owners could rent their weeks for. Either Manhattan Club is depositing lots of developer owned inventory or there are a LOT of Manhattan Owners depositing their weeks too. I know that the Manhaatan Club gives cheap discounted vacations at the Manhattan Club if you agree to attend the timeshare sales presentation. Those have to be developer owned inventory. As far as the huge bulk deposits to RCI covering every week of every month in every unit type I would still assume that is mainly developer controlled inventory, but the Manhattan Club owners might be depositing their weeks for exchange in large numbers too. Out of curiosity I would love to know for sure, but I doubt we ever will. If someone has knowledge of where these deposits come from, it would be interesting to find out.

 

[Timeshare Von]

At the risk of repeating something already said somewhere in the last 40 posts . . . .

We owned a 3BR fixed week and in RCI we had three deposit options . . . 1BR; 2BR or the 3BR. Unfortunately the TPE value for the 3BR deposit was less than the sum of the 1BR + 2BR. Why would ANYone deposit the 3BR?

There was a disservice to owners in how the TPE's were established for this particular timeshare (probably others too), I believe to force owners into making two deposits. After all, two deposits doubles (twice!) the number of transactions RCI can then make and collect fees on.

WOW that is a lot of variations of "2".

 

[tombo]

At the risk of repeating something already said somewhere in the last 40 posts . . . .

We owned a 3BR fixed week and in RCI we had three deposit options . . . 1BR; 2BR or the 3BR. Unfortunately the TPE value for the 3BR deposit was less than the sum of the 1BR + 2BR. Why would ANYone deposit the 3BR?

There was a disservice to owners in how the TPE's were established for this particular timeshare (probably others too), I believe to force owners into making two deposits. After all, two deposits doubles (twice!) the number of transactions RCI can then make and collect fees on.

WOW that is a lot of variations of "2".

But you can still see availability of 3 bed units with lock-offs on RCI. It makes no sense to me or you to deposit a 3 bed room when you can get more TPU's by splitting and depositing just like depositing DVC or Manhattan Club for exchange makes no sense except for specific very hard to get exchanges, but as many have noted most timeshare owners are not members of TUG.

I own way too many weeks but none are 3 bed room lock-offs. If I was not a member of TUG I would have not known that some 3 bed lock offs are like exchange gold under the new program. I also would not know to split them and deposit separatelly. TUGGERS found this out and told me. Otherwise I would assume that if a 3 bed deposit was worth 50 TPU's, then depositing the one bed side would be worth say 20 and the 2 bed side would be worth 30. I would never have known or even guessed that the one bed side would be worth 30 and the 2 bed side worth 40 for a total of 70 TPU,s. Most ower's probably do not know this either, so when they deposit their week they simply call RCI and deposit the whole thing unless they are going to use part personally and deposit the other part. There will always be lock-offs deposited whole because there will always be owners who assume it is the same either way points wise and it is easier to deposit the whole thing at once rather than splitting it.

I think a lot of times we assume something discussed here daily is common knowledge among ALL timeshare owners, and that is often not the case. Sometimes when talking to someone by the pool about TUG and timeshares in general I am reminded that what we learn from other TUGGERS on this site is not even close to common knowledge. There are many things learned on TUG that I don't talk about by the pool, and some I won't even discuss in open forums here on TUG. Being a TUG member does have advantages.

 

[rickandcindy23]

I think a lot of times we assume something discussed here daily is common knowledge among ALL timeshare owners, and that is often not the case. Sometimes when talking to someone by the pool about TUG and timeshares in general I am reminded that what we learn from other TUGGERS on this site is not even close to common knowledge. There are many things learned on TUG that I don't talk about by the pool, and some I won't even discuss in open forums here on TUG. Being a TUG member does have advantages

There is a lot of assuming on TUG! Look at all of the eBay listings, people owned those units and were so dreadfully unhappy, they paid $3-4K to get rid of them! Most people are in the dark about RCI, II and alternate exchange companies. They have no idea how to use the exchange system and prefer to let RCI or II handle all exchange requests for them, and they don't bother to get online. They are naive and get bad exchanges and weeks overlap or don't match up, so they just take what they can get.

Thank heavens I know more than I did just 11 years ago.

 

[sandkastle4966]

RickandCindy has it right ! WE at TUG get it (and lots more) about managing our timeshares, but reality is that TUG members are a small fraction of owners. And really only a fraction of TUG members are really active.

Before TUG, I deposited my 2 bedroom lockoff as a 2 bedroom (just once) to see how it would trade - had to do trial and error. It was equal to the one bedroom ! Never did it again, later, read about it on TUG.

Wyn deposits the lockoffs as 2 bedrooms, and as 1 bedrooms. I assume its "what there". Gotta assume the same of the "pool" memberships - they dont think (so much) about raw numbers of units.

Tuggers are about maximizing benefit - go US !

 

[glypnirsgirl]

There is a lot of assuming on TUG! Look at all of the eBay listings, people owned those units and were so dreadfully unhappy, they paid $3-4K to get rid of them! Most people are in the dark about RCI, II and alternate exchange companies. They have no idea how to use the exchange system and prefer to let RCI or II handle all exchange requests for them, and they don't bother to get online. They are naive and get bad exchanges and weeks overlap or don't match up, so they just take what they can get.

Thank heavens I know more than I did just 11 years ago.

I was one of those owners. I bought DVC for a specific purpose: to be certain that I could take my child on vacation. I was a single mom and I worked lots of hours and I wanted to have that time with him. I regularly, but not always, used my DVC points. I knew how to bank and how to borrow.

I was so clueless, I did not make my reservations until the beginning of my use year. And I stayed clueless for 12 years! And I could have continued to stay clueless because I was happy with how I used my points.

It was just serendipity that I ever learned how to more optimally use my DVC points. My husband was an active participant in an unrelated forum. I was a forum widow. One day when I was complaining about it, he set up my computer beside his and told me to find a forum about something that I was interested in. The first two forums that I participated in were about tomatoes and DVC. I could never figure out how to navigate DIS, so I participated in mouseowners. From mouseowners, I learned about TUG.

I would still not have found Mouseowners or TUG if my husband had not been participating so actively in a forum.

And I think that I am the more typical DVC user. I suspect that there is a tremendous amount of point breakage for DVC owners. I certainly lost lots of points over the years out of ignorance.

elaine

 

[glypnirsgirl]

And in my bankruptcy business, almost every client that owns a timeshare tells me, I own there, but we have not been since we bought it. Many times these are paid off timeshares that they have been paying dues on for years.

One time (out of MANY), one of my clients owned 4 Royal timeshares and he regularly used his. He was concerned that he would lose them because they are non-exempt property. Property that is non-exempt goes to the trustee. The trustee than decides if the property is worth administering (taking) for the benefit of the creditors. I told him that we would have to list them and we had to list them at their fair value. And we did.

The trustee looked at the schedules, saw the timeshares that had a tremendous amount of equity in them because we fairly valued them. And promptly abandoned them. I asked him why he abandoned and he told me that they were too hard to get rid of.

One happy client!!!

elaine

 

[MichaelColey]

I agree with the consensus from the past 10-20 posts... Many (perhaps most?) timeshare owners are ignorant of many aspects of timesharing and don't get the full value out of their timeshares. They'll buy from the developer. They'll buy more from the developer. They'll deposit lockoffs as a whole rather than split. They'll exchange DVC or MC into RCI. They'll (unsuccessfully) try to find things last minute. They'll exchange for a cruise. They'll let deposits/points expire unused. They'll pay someone $3-5k to give their timeshare away. We can't assume that they know what's best and will do it. They just won't.

 

[Carolinian]

Cindy, do you understand what a personal attack is and is not. Some have biases as to what they own, and a reference to that is certainly not a personal attack.

The one who gets personal on these boards more than any other is Tombo. He even made an implied threat of physical violence to e. bram, something I have never seen on a timeshare site before. He wants to talk about aspects of my personal life, from my former profession to some of my public activities, which are totally unrelated to the issues being discussed about RCI. Now those are the REAL personal attacks.

When most of the little group most vocally defending RCI's policies that overvalue the overbuilt areas happen to own in overbuilt areas and are getting windfalls from that overvaluation, that is simply pointing out why they are not being objective, which is in no way a personal attack. They benefit so they want to gang up on anyone who dares rattle the cage about RCI's mispointing of values.

The mods rarely delete an entire post, but yours was over the top. Don't let one person bother you so much that you set off red flags for those of us who know TUG rules. I know more about Carolinian than you do, and he has been personally helpful to me.

Carolinian needs to be less personal, I agree. He can bash RCI all he wants, because it's his opinion, and he isn't changing anyone's mind. I have been hot and cold with RCI over the last few years, since 5/30/2009. I was able to see prime inventory and it suddenly stopped.

I was mad at RCI and felt people here were a bit condescending at times toward my insistence of previous great trading power of both my Foxrun and Colorado summer weeks. I was so offended, I almost quit TUG. I learned to deal, bought other weeks that are supertraders, getting double the exchanges of before, and my trading power for Colorado summer is back to the same it was before 5/30/2009. RCI had it wrong. Big surprise to some people, who apparently think no one wants to go to the Colorado Rocky Mountains in the summer, but not to me. RCI had it wrong, and they fixed it.

What more can I ask of RCI? I was stressed about it for months, and now I find myself thrilled with every deposit and exchange.

 

[chriskre]

Remember that DISboards' DVC ownership is not representative of Members generally, in the same way that TUGgers are not representative of timesharers generally.

True but I'm a Mouseowner member not DIS. I think Mouseowners has a better grasp of DVC than DIS with their not so hidden agenda. :ignore: