For most timeshare owners, RCI is an exchange network to trade in their interval for another destination around the world, while, for others, RCI is a great pool of destinations that offers great discounted weeks and travel savings. RCI offers 3 pools of vacations: Exchange Vacations- trading deposited weeks for other destinations; Extra-vacations offering destinations of 60 days+ of arrival for a purchase price; and Last Call Vacations in which weeks within 45 days and less of arrival can be purchased between 395CAD and 450CAD depending on the size of accommodation.
If you are considering buying a timeshare to use basically for trading to other destinations around the world, we would recommend that you take into consideration the Trading Power of your timeshare week or perhaps consider buying into a substantial quantity of RCI Points.
Most resorts in the timeshare industry are affiliated with an exchange network to allow their owners the alternative of exchanging their week to another property instead of returning to the same place, same time year after year. What that means to timeshare owners is by depositing their week in the pool of that particular exchange network, they may in return request another destination, at another time of the year, in another size of accommodation than what they own. Chances are your home resort may very well be affiliated with RCI and therefore, it is important for you to understand the mechanics of timeshare exchanges in the RCI weeks system and how RCI assigns trading power to specific ownership.
Traditionally, RCI used to grant exchanges based on your ownership to obtain similar in exchange. Factors such as the Resort Classification where you own - Gold Crown, Silver, International Distinction and so on - the calendar week and travel season such as RED, WHITE and BLUE seasons - blue being the low and RED the high season - the size of your accommodation from studio to 1, 2 or 3 bedrooms - were all taken into consideration in your exchange. Therefore, for a vacation owners who wanted to trade a 'blue studio' for ex., in a high season for a 2 bedrooms, it was barely impossible until agents started assigning availability to the first come first served basis. Pressured by complaints to come up with a more transparent system to assign weeks fairly according to what members owned, RCI established around 2008 a trading value to members' weeks. Based on a point-based scale, deposited weeks were from then on assigned a value between 3 to 60 points when deposited for exchanges.
To determine the trading value of your interval, RCI will still take into consideration the level of your resort's classification, the size of your accommodation as well as the travel season of your week. For exemple, a week in Florida in a 2-bedroom condo may have a value between 22 and 32. What will assign the highest value of your deposit however will also depend on the time of deposit. To encourage members to deposit as early as possible, the Time of Deposit is now an important factor to obtain the highest Trading Value for your timeshare week - the sooner you deposit your timeshare in RCI, the greater your exchange value. The earliest to deposit a week is between 2 years to a minimum of 9 months prior check-in date. This will give you the maximum Deposit Trading Power available to you. Anytime after that, the value will be diminished down to a minimum of 45% of the interval value if your week were deposited 14 days and less from the check-in date.
The Deposit Trading Power has definitely made the weeks exchange more transparent, more flexible and certainly simpler to manage for timeshare owners. Therefore, if your week value equals somewhere around 15 to 20 - depending on the time you deposited your week - you would benefit from accessing an exchange that would only require 10 points... therefore, leaving you with an excess of points in your account for further exchanges. Should you be short of trading value to access the desired destination and accommodation, it may be possible for you to combine, for a fee, 2 weeks to increase the trading value in your account and access the desired destination.
The sizes of accommodation in timeshare resorts vary from studios (basically a hotel suite with mini-kitchen facilities, for 2 to 4 people) to up to 1, 2 or 3 bedroom condos with full kitchen facilities, accommodating up to 10-12 people. The same trading value applies here too, except that it is translated in an RCI Points-Based ownership. If you previously owned a fixed week in a 2-bedroom in a home resort that has recently converted their weeks into RCI Points, the RCI points you may be allowed to convert your week into may vary anywhere from 45,000 to 95,000 RCI Points. The biggest advantage of the RCI Points System is that it no longer discriminates against what members own and is fully translated into an allotment of points deposited in the members' account on a yearly or biennial basis. The RCI Points system has greatly simplified the exchanges and members can now book upon availability based on a first-come, first-served basis.
In pursuit of its mission to be the market maker in global travel and leisure, RCI offers the world’s leading timeshare exchange services through RCI Points, the first worldwide points-based exchange system, and RCI Weeks, RCI’s traditional week-for-week exchange system.
Last year, more than 2 million exchanges were confirmed through RCI, sending an estimated 7.5 million people on vacation. RCI provides integrated timeshare solutions in addition to exchange through RCI Market Links, including consulting, travel agency ,and technological support.
Vacation ownership offers unparalleled flexibility and the opportunity for affordable worldwide travel through timeshare exchange. Through the international timeshare exchange networks, owners can trade their timeshare interval for vacation time at comparable resorts around the world.
As the frustration with ever increasing exchange fees and limited availability to exchange for what you want continues to grow in the timeshare world, TUG provides a free alternative for its members called Direct Exchange!
No Catch at all! Firstly, to define the direct exchange program on TUG is quite simple. You are merely posting an exchange ad that lists the information about the timeshare interval you currently own and wish to trade for something else. You will also submit information about what sort of timeshare you are looking for in trade for the timeshare you currently own. Once this information is submitted in the system, the marketplace will automatically notifiy you via email of any matches or potential matches of ads that fit what you are looking for and or are looking for what you have listed! There is no cost or obligation involved in this process, you are not depositing your timeshare week with TUG and are free to list it for rent/sale/exchange elsewhere on TUG or any other site as you see fit because unlike other exchange companies, you still own your week! All we are doing here is providing our members with the ability to find FREE exchanges within the TUG community. It is our hope that each and every TUGGER will submit their intervals regardless of if they have actually decided to exchange them or not, as you never know who might have that dream exchange you have been looking for but didnt realize it!
In short, all you need to do is log into the TUG timeshare marketplace here: TUG Timeshare Exchange Marketplace and place a new Direct Exchange ad listing what you own and what you are looking for in trade (optional). After that, you will begin to recieve email notifications of potential trades as they are submitted! *Also note that during this process you can select that you are interested in Permanently Swapping the week you own with another owner for their week if that is something that interests you!
TUG will never be a true \"Exchange Company\" however with tens of thousands of owners we simply want to provide alternatives to the ever increasing costs involved with exchanges! Being able to provide this automatic matching system in the marketplace makes it simple to list your Timeshare as an exchange at no cost to you! Nor do you have to give up the ability to use or rent out your week should you decide to go that route instead! The entire goal of the TUG Direct Exchange system is to match owners with each other and let them trade for free, and this has been extremely successful for many members, we hope you will add your interval to the exchange marketplace today!
The TUGBBS online community forums consists of tens of thousands other timeshare owners and is the first, largest and most informative online Timeshare Forum on the internet! No timeshare question goes unanswered no matter how simple or complex! With Timeshare experts and owners alike, you will learn more from just reading and participating in these forums than you could ever imagine!
The TUG Timeshare Marketplace is one of the largest and most visited timeshare classified ad sites on the internet with Millions of dollars in completed listings and thousands of current ads posted by owners! All ads are open to the public and do not require membership to browse! TUG Members receive free classified ads, enough to sell or rent your timeshare all year for no additional cost!
TUG Advice is probably the most helpful section of the site for new buyers/sellers just getting into timesharing. Written by owners, members and experts. These articles cater to the entry level and intermediate level timeshare individual and are a must read for anyone thinking of buying or selling a timeshare and those who want to make the absolute most out of their timeshare experience!
Some people buy a timeshare so they can return to the same resort year after year. Others, however, like the long-run savings of timeshare, but want more variety in travel destinations, so they enjoy the flexibility they gain with exchange. 59ce067264