Where to list ad to sell expiring week

[redkayak]

I have a [week] that is expiring at the end of July and I would like to sell the week for my maint cost plus whatever RCI charges to transfer it to another persons account. Can someone tell me where I would list in on the forum. I looked in the classified ads but since I am neither selling the timeshare or renting the week I am not sure where to place it. Don't want to break any protocol so I left out all the specifics. Appreciate any help you can offer.

Doug

 

[Dave M]

You would list it in the rentals section of the classified ads because, from the other person's standpoint, you are renting the use for a week, versus selling the timeshare.

However, please be forewarned that RCI's policies - clearly outlined in the Membership Terms & Conditions - strictly prohibit the rental or sale of any week deposited with RCI or any week obtained through RCI.

The penalty for violation of the rule can include suspension of your RCI account, forfeiture of deposited weeks and cancellation of any reservations. That last one is the most troubling. If you rent this week and RCI eventually finds out and cancels it, your renter might show up to check in, only to find that the reservation has been canceled and there is no place to stay. If that happens, you would be in one heck of a legal mess!

Further, we know from past reports by TUGgers and from correspondence received by the BBS administrators that RCI does monitor websites for improper activity.

RCI permits you to recover only the exchange fee and guest fee. Nothing else, no matter what costs (maintenance fees, advertising, etc.) that you incur.

Thus, your best bet, if you can't use the week, might be to find a friend, co-worker or relative that can use the week.

See this post by RCI's rep to TUG, Madge, for more info on the RCI limitations.

 

[redkayak]

Thanks for the info Dave. That was the other thing I wasn't sure about...if I was breaking RCIs policies. Guess so. Oh well may have to just let it expire then. Appreciate your help.

Doug

 

[debraxh]

Thanks for the info Dave. That was the other thing I wasn't sure about...if I was breaking RCIs policies. Guess so. Oh well may have to just let it expire then. Appreciate your help.

Doug

You could pay to have the expiration date extended.

 

[Dave M]

Good idea!

See this thread for the cost to extend.

 

[redkayak]

Thanks for the idea. It would cost almost $200 for a 1 year extension. The maintenance fees were around $175 if I remember right. Looks like it would cost more to extend than what I paid for the MF!

I really appreciate the great info. Best $15 I spend every year is right here at TUG.

Doug

 

[geekette]

Maint Fees Were $175!?!?!

Wow!

 

[T_R_Oglodyte]

What you paid in maintenance fees is irrelevant in deciding whether or not to purchase the extension. The only question that counts is whther or not the expring week is worth $200.


In economic terms, that maintenance fee you already paid is a "sunk cost". You've already paid the fee and your decision has no influence on whether you can recover that money.

 

[Spence]

What you paid in maintenance fees is irrelevant in deciding whether or not to purchase the extension. The only question that counts is whther or not the expring week is worth $200. In economic terms, that maintenance fee you already paid is a "sunk cost". You've already paid the fee and your decision has no influence on whether you can recover that money.

While I agree about sunk costs, the MF paid could be indicative of the value of the week. Low MF could indicate poor quality and small size, both of which could lead you to believe that it is not worth extending based on the prospective lack of exchange choices.