Thanks JimMIA, I understand your points what things to do first but I was thinking more in terms of ease of transaction, risk assessment, value for your dollar etc. I've rented a few times and it is quite time consuming and now with the new R/T requirements, even more so to keep up with posting to allow me access to the boards. But I've never tried an exchange so wondering about the ease of use of that option?
I wasn't talking about renting your points to pay for a vacation. I was talking about renting lodging (timeshare, condo, vacation home, etc) wherever you are going.
I've never exhanged
DVC out via RCI, so I can't tell you how that is. But my sense is that it is more difficult than a DVC timeshare salesman would make it sound.
I do know that exchanges are a whole different animal than using
any timeshare system internally. They certainly require more planning and luck than just making DVC reservations.
As I understand the DVC system, there are two options. One is to just call MS, speak to an RCI specialist, and try to get a reservation. If they find the resort you want, when you want it, you're good. With that alternative, you don't deposit points until your reservation is confirmed.
The other option is to do an "on-going search." With that alternative, you deposit points (in RCI for two years and then they expire) and set up some search parameters. I believe you also pay a fee when you make that deposit.
The way RCI works, if a match for your search criteria comes up, it is offered to searchers in order of the date of their search...so the earlier you start that kind of search, the more likelihood of success.
Sorry I can't give you more info that that, but I've never done it myself. There are some experts here on the DIS, and hopefully they'll come on this thread and help you more than I can.