RCI owns no resorts, it is simply an exchange company, and an excellent one at that, but I appear to have much better luck in exchanging, using my RCI Points. However for particular places where someone wants outright 100% guarantee of staying in a specific resort at a particular time, that person can only accomplish that 100% warranty by owning because resort throughout the week(s) wanted.
For those people, RCI Points is an outstanding choice. Probably the least known feature of RCI Points is that traditional timeshare "weeks" owners might have the opportunity to use what they already own, not as weeks, but as RCI Points, by utilizing the RCI Points For Deposit program. I utilize this program myself to be able to use RCI Points with my ownerships in non-points resorts.
The points can be exchanged through RCI for much shorter or longer holidays in any unit size wanted, along with for travel-related items, consisting of airfare, cruises, cars and truck rental, and hotel appointments. If you wish to stay someplace there is no timeshare, you can use your points for hotels. Or, perhaps you just want to use your points for cruises or airline tickets, or automobile leasings, or any mix thereof.
The points can be invested much like dollars and every year you get how do i get rid of my timeshare your brand-new yearly allocation of indicate invest. Let's say you own 36,000 points a year If you utilize your points on RCI Instant exchange (45 days of less in advance of diamond timeshare travel date), it just takes 9,000 indicate stay a complete week in a 2 or 3 bed room condo with full kitchen.
If your upkeep http://chancejtbs766.huicopper.com/how-how-to-get-out-of-timeshare-can-save-you-time-stress-and-money fee is $800 for the year that implies your expense for the 4 weeks holiday is $200 per week (how to sell timeshare property). ($800 divided by 4). Now you understand why RCI Points are so popular. RCI points can be used by calling the RCI 800 number, or logging into the RCI website if you have an account setup Any use of RCI Points involves being able to validate an exchange EXCEPT for use in your own resort.
The term for non-timeshare items is RCI Points "Partners", and you can access the choices for usage by calling the RCI 800 number, or logging into the RCI website! RCI Points costs chart is located here: RCI Points Charges Chart You will have 2 RCI accounts however only one yearly subscription fee.
An Unbiased View of How To Sell A Timeshare By Owner
You can utilize your weeks account and your points account as different transactions. Likewise if you own your weeks in certain resorts that qualify, you may have the ability to transfer your weeks and utilize them as RCI Points. This question makes a void presumption that the only method to own RCI Points is to "transform" a weeks ownership to a points ownership.
As I explained earlier in this article, I think it is sensible to own both RCI Weeks AND RCI Points for the reasons already mentioned. RCI Points is a really broad and included topic. This post barely touches the surface, however hopefully it assists, for a more in-depth guide of RCI Points, you can read this post: RCI Points vs RCI Weeks A comparison chart of all the major Timeshare Point Systems ownership programs it is available here! Go to the Timeshare Users Group Exchanging Conversation Online Forum where 10s of thousands of owners collect to give and get help 24 hours a day.