Timeshare Users Group Advice: Exchanging with RCI & II
Exchanging with RCI
Both systems allow you
to bank (deposit)
your timeshare unit into their databank and request a COMPARABLE
exchange. What does this mean... Based on several factors... quality
of your resort, demand for your resort, size of unit, time frame
(red, blue, white) etc. (read the back of their resort catalogs
for the complete listing of factors) --- the unit you deposit
is given a RANK or RATING (both systems deny the rating existence
or are reluctant to admit it). They have to cater to the developers,
even though they make their money from us individual owners...
No developer wants its rating to be known because unless it is
the highest available it would hurt their sales efforts..... would
you buy a timeshare unit at a resort with only an average rating?
What about one with a below or terrible rating? Now you see why
no one will admit to it. It would kill sales and prices at all
but the best resort.
Ever been to a
presentation where all the salesman does is tell
you about exchanging to all the great resorts in the world and
that you don't even have to ever use the one you are buying ..
you will be able to trade for anything you want!!
Well, the COLD
HARD TRUTH, as many of us owners have learned , is that you can
only get the quality and type of trade you are providing.
The exchange systems assign a predetermined rating to your banked
unit (RCI has a time factor, II does not). To get the max. rating
value with RCI you need to deposit your unit at least 11.5 months
in advanced (less than that gives you less rating) Your access
to trades are now based on a range above and below your rating.
Hypothetical example... your unit get a rating of 7... you may
be able to trade for any units the same size or smaller with a
range of 5 to 8. Anything outside this range is not available
to you!!!!! That is why you get answers from your questions like..
"Do you have anything next month on the West Coast of Florida"..
and they tell there is nothing available... We are not DUMB..
With 1000's of units traded weekly, there are always some units
available... its just your trade rating does not qualify for what
Don't blame the exchange companies... They do an outstanding job!
If it wasn't for them we would not have timesharing as it exist
Look at it from their view point. Everyone wants the best
resort during the highest season. They get 1000s of requests ...
for lets say Disney. They may only get a very few banked units
from Disney owners.. after all, Disney owners usually use them
or rent them for mucho money... so there are only a hand full
of Disney trades available. Who do the exchanges give them to
? The guy who trades in his winter timeframe converted motel
unit on the beach, even though he deposited it 2 years ago and
RCI has not had a request for it in years... or someone who has
deposited another hard to get resort which has a waiting list
and that RCI will be able to trade immediately to someone else
who has a great resort and on and on.
Unfortunately, as you can see, it is not the exchange companies
fault. They want to fill every exchange request as they get paid
a fee and commission for trades, however they also have an overriding
supply and demand factor to contend with. They have to walk a
fine line on keeping everyone happy.
Think about this... if there were a national car exchange for
vacationers and you owned a BMW or Lexus, you would not be to
happy with getting a 20 year old VW in exchange.. as a matter
of fact if it happened too often, you would quit the exchange
system. Those people who have paid for the BMW, only want like
quality exchanges.... ah, now I see... a rating system is devise
to make certain everyone gets what they are entitled to. (Gold
Crown Rating, RID, 5 Star, etc.)
Unfortunately, nobody tells us owners this prior to buying our
timeshare unit, after all the salesman ( btw.. the sales people
work for the developers not the exchange systems) told us we could
trade for anything!!!!!
Now we know... what do we do about it. Better educate ourselves
as to how the system works...(subject of another note late)
Don't get me wrong... I love timeshares, it just a matter of knowing
what you can and can't do with the timeshare you have and learning
how to best utilize the info available to you. I hope this help
clarify some questions and problems regarding trading with the
Bill (Timeshare Users Group)
Send comments/feedback by email to:
© Copyright 1993-2007
PO Box 1442, Orange Park, Fl 32067
Phone: (904) 298-3185
updated Apr 23, 2008 by B. Rogers - Send email regarding
this page to email@example.com