RCI Exchanges

Oh I'm not concerned with the value of the exchanges. Thanks for the info though, I'll keep the companies you mentioned in mind!
As long as you have the info and know what you're getting and not getting, that's fine. I was more aiming at others reading and for your Vegas Trip, esp for those that are thinking of buying in where they should consider buying less points and looking at other options than the exchanges through DVC.
 
Not a good plan. There is one resort on the RCI-DVC list for Germany and one for Austria. There are also 4 Austrian resorts in Club Cordial for the BVTC.

So what is Club Cordial? And are you suggesting that would be better than RCI in this case?
 
So what is Club Cordial? And are you suggesting that would be better than RCI in this case?
DVD has a registered exchange company called the Buena Vista Trading Company. It currently works as a liaison between DVC and 2 companies, Club Cordial which mostly has resorts in Italy and Austria and Club Intrawest here in the Northern Hemisphere. Not all of their resorts are included. Basically they let each side book into the other system keeping things in balance. Say 10 DVC members book CI using around 2000 DVC points, they will hold further DVC bookings into CI until they have caught up (as an example). It's a direct booking, usually to good options and for a reasonable number of points in most cases. I've long held the opinion that DVC would be well served (system and members) to expand this and downplay a mainstream exchange company. Say if you could arrange a conglomerate that included DVC, Marriott, Hilton, Hyatt, Starwood, and the like; they'd become an instant player, have a great sales line and put themselves at the center of a timeshare world where they're currently an outlier. Early on Hilton and Shell were member when DVC was with RCI before if I understand correctly.
 

The buena vista trading company sounds interesting. Anyone else had experience?
 
The buena vista trading company sounds interesting. Anyone else had experience?
I haven't exchanged using it and I likely won't because I have other options. A few have reported it was easy but others that there wasn't availability for DVC members for one reason or another. The advantage is you have more control by making a direct exchange even if it is a little higher than many RCI exchanges. Some options are a reasonable value, some horrible, you'll simply have to investigate both the resort and time of year to see. MX would be a poor choice because you can get very good options cheaply otherwise, Destin for CI peak times could be a very good value since you likely will pay a significant amount for similar accommodations.
 
So, new to DVC, but been using RCI for several years with HGVC. Wanted to share a couple impressions, ideas, and questions. Initially, I was confused why DVC members had such low regard for RCI. On the face of it, DVC members get a great value. For the points for a DVC week in Dream-Premier season (depending on the resort), you can get 2 RCI red weeks, which are typically are premier destinations/resorts. I have such a resort, and can vouch that it was equivalent in cost to DVC to buy, so DVC members are essentially getting a 2:1 exchange ratio for equivalent resorts. Granted, there are *some* people getting equally good deals trading into DVC given DVC is red week all year long (as are other top resorts), so RCI doesn't really charge equitably for differences in seasons between exchanges (although generally DVC only releases weeks in lower seasons), however, I think *most* DVC members are getting a pretty good exchange rate. Also, on top of the favorable exchange rate, DVC members only pay $100 for exchanges vs. the typical $200 and pay nothing for Guest Certificates (vs. $59 typically). So, based on these two facts, I couldn't figure out why DVC'ers didn't like RCI. Then, I created a RCI "Waitlist" (aka "Ongoing Search") and figured out the rub -- Waitlists are nothing like traditional Ongoing Searches. The way RCI normally works, you can search for a range of dates, multiple resorts, and multiple bedroom sizes within a single Ongoing Search, then have two business days after a match is found to either Confirm or Release the match -- *prior* to any points being redeemed or the non-refundable fee being used to confirm the reservation. Searching this way makes it extremely easy to find good resorts if your flexible with your dates -- you just need patience. You set it and forget it up to 24 months in advance, and only when a match is found (which is pretty likely with flexible dates far enough in advance) do you get serious and start planning (booking flights, checking vacation schedule, etc.), and all the time you aren't committing any points and your fee is remains refundable/transferrable. So, compare this to DVC -- with DVC your RCI Waitlist is *automatically confirmed*, which means two very important things -- 1) your DVC points are transferred once any search result is found -- so if you cancel because the reservation doesn't work for you, you can no longer use those DVC points except for another RCI reservation and 2) you lose your $100 fee if you cancel, and have to pay at least another $100 to put in another search (or even the same search), and 3) if you create the same search after cancelling a match, you run the risk you'll find the same resort again -- which normally wouldn't happen since a normal ongoing search is smart enough to not find the same match immediately after releasing a match. So, these combined, make it nearly completely unworkable to find a resort since you're only safe option to use a Waitlist is to search for an exact resort and week that you've already planned for specifically (e.g. taken off vacation, booked flights, etc). However, this is practically worthless, since the likelihood of finding an exact date and resort is extremely low in RCI since this is antithetical to how a system based on very limited inventory at any given time works. So, Waitlists are completely unworkable as is IMO. That just leave the option of searching available inventory, which unless you search every day isn't going to be very fruitful, and even if you search daily, ongoing searches *always* take precedence unlike DVC waitlists. My guess is all of this has something to do with the lower $99 fee DVC members get -- RCI is willing to offer a lower fee in exchange for knowing they'll get to pocket the $99 even if you cancel, and they'll get valuable DVC inventory even if you cancel, which they are guaranteed to get another $199 for from another member exchange fee, plus will still get another $99 out of you when you use your deposited points. Needless to say, it would be much more valuable to DVC members if DVC opted for the normal fee structure, and had true Ongoing Searches -- this would allow DVC members to freely search RCI without risking valuable DVC points, or being forced to accept sub-optimal matches which will likely cause them to have higher flight costs since they'll be forced to accept plans regardless of flight costs. Needless to say, I was quite surprised to find out this is how RCI works for DVC members given the DVC membership guide (both physical and online) mentioned nothing about this and one would naturally assume RCI works the same as it works everywhere else. However, this certainly explains why people think RCI is worthless for DVC members since it really is only good for searching existing inventory which is almost nil. Meanwhile, people exchanging into DVC get the full advantage of normal RCI Ongoing Searches, so I can see how people feel RCI is benefitting RCI but not DVC (as it currently exists). So, what to do? First step is provide feedback to DVC. Call them, write them, email them. Tell them you want RCI to work they way it works for everyone else, even if that means higher RCI fees. There are two other mitigations which most people probably don't realize. First, per the Terms of RCI, http://b2b.rci.com/RCI/termsandConditions.do?language=en&country=US&brandId=20, you have until the end of the *next* business day to cancel a *confirmed* reservation. By doing so you typically get the fee refunded and the points returned to your plan. I have done this myself with HGVC and they always tell me they "aren't supposed to do it" but ultimately it's in the terms on their website when logged in from DVC, and given DVC expressly states you aren't subject to DVC terms when leaving DVC to RCI, these are the only terms that apply. After reminding them of the terms on their website, they always have allowed me to cancel and refund the points. Can anyone confirm this works with DVC as well? If so, this still isn't as easy as simply clicking Release online since you have to hassle with calling an arguing and making sure it gets returned, and you only have 1 day, not 2 days like an Ongoing Search, so harder to plan your vacation in 1 day, but it is still a good safety measure given the way it currently works. Please let me know if anyone has tried this with DVC -- I know from experience it *should* work but always good to know for sure before relying on this. Secondly, can anyone confirm what happens when a match for a larger room size occurs? Based on what I've read here, only exact matches are automatically confirmed, and others you have the option to accept. So, my theory is if you search for a smaller room than exists at the resort(s) you are searching, you will never get an exact match. So, always choose "Hotel" as your room size, and you'll never get an exact match (unless the resort you are searching actually has a hotel room), and my theory is you will then be given the normal "Confirm" or "Release" option since searches are for "minimum room size" so a search for hotel will still find 1bdrm and 2 bdrm. Can anyone also confirm this is the case, e.g. that a match for a 2bdrm on a 1bdrm search will hold the match and give you the Confirm/Release option before transferring points? If so, this will work for 90%+ of resorts that don't offer a Hotel room option. If that's the case, I guess I'm OK with the DVC system given these two workarounds, and the lower RCI rates, but still think this is a lot of hoops to jump through and the average person isn't going to know any of this and be frustrated with the experience, so DVC should still opt for the higher fee with true Ongoing Searches for the benefit of it's members.
 
rfc0001 -

Welcome! Would you kindly edit your post to use paragraphs, lists, and other formatting helps? It is very difficult to read in the current block format.

Thank you!
 
So, new to DVC, but been using RCI for several years with HGVC. Wanted to share a couple impressions, ideas, and questions. Initially, I was confused why DVC members had such low regard for RCI. On the face of it, DVC members get a great value. For the points for a DVC week in Dream-Premier season (depending on the resort), you can get 2 RCI red weeks, which are typically are premier destinations/resorts. I have such a resort, and can vouch that it was equivalent in cost to DVC to buy, so DVC members are essentially getting a 2:1 exchange ratio for equivalent resorts. Granted, there are *some* people getting equally good deals trading into DVC given DVC is red week all year long (as are other top resorts), so RCI doesn't really charge equitably for differences in seasons between exchanges (although generally DVC only releases weeks in lower seasons), however, I think *most* DVC members are getting a pretty good exchange rate. Also, on top of the favorable exchange rate, DVC members only pay $100 for exchanges vs. the typical $200 and pay nothing for Guest Certificates (vs. $59 typically). So, based on these two facts, I couldn't figure out why DVC'ers didn't like RCI. Then, I created a RCI "Waitlist" (aka "Ongoing Search") and figured out the rub -- Waitlists are nothing like traditional Ongoing Searches. The way RCI normally works, you can search for a range of dates, multiple resorts, and multiple bedroom sizes within a single Ongoing Search, then have two business days after a match is found to either Confirm or Release the match -- *prior* to any points being redeemed or the non-refundable fee being used to confirm the reservation. Searching this way makes it extremely easy to find good resorts if your flexible with your dates -- you just need patience. You set it and forget it up to 24 months in advance, and only when a match is found (which is pretty likely with flexible dates far enough in advance) do you get serious and start planning (booking flights, checking vacation schedule, etc.), and all the time you aren't committing any points and your fee is remains refundable/transferrable. So, compare this to DVC -- with DVC your RCI Waitlist is *automatically confirmed*, which means two very important things -- 1) your DVC points are transferred once any search result is found -- so if you cancel because the reservation doesn't work for you, you can no longer use those DVC points except for another RCI reservation and 2) you lose your $100 fee if you cancel, and have to pay at least another $100 to put in another search (or even the same search), and 3) if you create the same search after cancelling a match, you run the risk you'll find the same resort again -- which normally wouldn't happen since a normal ongoing search is smart enough to not find the same match immediately after releasing a match. So, these combined, make it nearly completely unworkable to find a resort since you're only safe option to use a Waitlist is to search for an exact resort and week that you've already planned for specifically (e.g. taken off vacation, booked flights, etc). However, this is practically worthless, since the likelihood of finding an exact date and resort is extremely low in RCI since this is antithetical to how a system based on very limited inventory at any given time works. So, Waitlists are completely unworkable as is IMO. That just leave the option of searching available inventory, which unless you search every day isn't going to be very fruitful, and even if you search daily, ongoing searches *always* take precedence unlike DVC waitlists. My guess is all of this has something to do with the lower $99 fee DVC members get -- RCI is willing to offer a lower fee in exchange for knowing they'll get to pocket the $99 even if you cancel, and they'll get valuable DVC inventory even if you cancel, which they are guaranteed to get another $199 for from another member exchange fee, plus will still get another $99 out of you when you use your deposited points. Needless to say, it would be much more valuable to DVC members if DVC opted for the normal fee structure, and had true Ongoing Searches -- this would allow DVC members to freely search RCI without risking valuable DVC points, or being forced to accept sub-optimal matches which will likely cause them to have higher flight costs since they'll be forced to accept plans regardless of flight costs. Needless to say, I was quite surprised to find out this is how RCI works for DVC members given the DVC membership guide (both physical and online) mentioned nothing about this and one would naturally assume RCI works the same as it works everywhere else. However, this certainly explains why people think RCI is worthless for DVC members since it really is only good for searching existing inventory which is almost nil. Meanwhile, people exchanging into DVC get the full advantage of normal RCI Ongoing Searches, so I can see how people feel RCI is benefitting RCI but not DVC (as it currently exists). So, what to do? First step is provide feedback to DVC. Call them, write them, email them. Tell them you want RCI to work they way it works for everyone else, even if that means higher RCI fees. There are two other mitigations which most people probably don't realize. First, per the Terms of RCI, http://b2b.rci.com/RCI/termsandConditions.do?language=en&country=US&brandId=20, you have until the end of the *next* business day to cancel a *confirmed* reservation. By doing so you typically get the fee refunded and the points returned to your plan. I have done this myself with HGVC and they always tell me they "aren't supposed to do it" but ultimately it's in the terms on their website when logged in from DVC, and given DVC expressly states you aren't subject to DVC terms when leaving DVC to RCI, these are the only terms that apply. After reminding them of the terms on their website, they always have allowed me to cancel and refund the points. Can anyone confirm this works with DVC as well? If so, this still isn't as easy as simply clicking Release online since you have to hassle with calling an arguing and making sure it gets returned, and you only have 1 day, not 2 days like an Ongoing Search, so harder to plan your vacation in 1 day, but it is still a good safety measure given the way it currently works. Please let me know if anyone has tried this with DVC -- I know from experience it *should* work but always good to know for sure before relying on this. Secondly, can anyone confirm what happens when a match for a larger room size occurs? Based on what I've read here, only exact matches are automatically confirmed, and others you have the option to accept. So, my theory is if you search for a smaller room than exists at the resort(s) you are searching, you will never get an exact match. So, always choose "Hotel" as your room size, and you'll never get an exact match (unless the resort you are searching actually has a hotel room), and my theory is you will then be given the normal "Confirm" or "Release" option since searches are for "minimum room size" so a search for hotel will still find 1bdrm and 2 bdrm. Can anyone also confirm this is the case, e.g. that a match for a 2bdrm on a 1bdrm search will hold the match and give you the Confirm/Release option before transferring points? If so, this will work for 90%+ of resorts that don't offer a Hotel room option. If that's the case, I guess I'm OK with the DVC system given these two workarounds, and the lower RCI rates, but still think this is a lot of hoops to jump through and the average person isn't going to know any of this and be frustrated with the experience, so DVC should still opt for the higher fee with true Ongoing Searches for the benefit of it's members.
This is very hard to read but I'll add a few thoughts. Actually I think trading DVC is far worse than you've ultimately decided for a number of reasons I won't go into here (PM or email me if you want). However, the $95 fee is refundable if you cancel without a match or don't match. I also think you're previous info comes from a fairly similar system which colors your perspective, that of trading another high demand, high cost option. My perspective is that I look at realities, not just potentially availability in terms of resorts and quality. I don't consider purchase price of the other end, I actually think it's meaningless, but I do consider the price one could rent a given option for.
 
So, new to DVC, but been using RCI for several years with HGVC. ....
(truncated to avoid having it reposted yet again)

I really tried to read this post, but gave up twice. Can you please put a few paragraphs in your post?

One thing about RCI that you are used to and the one we get with DVC is we get a condensed version and everything must go through Member Services. We don't have the thousands of resorts you get with HGVC.
 
This is very hard to read but I'll add a few thoughts. Actually I think trading DVC is far worse than you've ultimately decided for a number of reasons I won't go into here (PM or email me if you want). However, the $95 fee is refundable if you cancel without a match or don't match. I also think you're previous info comes from a fairly similar system which colors your perspective, that of trading another high demand, high cost option. My perspective is that I look at realities, not just potentially availability in terms of resorts and quality. I don't consider purchase price of the other end, I actually think it's meaningless, but I do consider the price one could rent a given option for.
Agreed, value and price have nothing to do with another and on a value basis, almost any RCI exchange is going to fall short even when considering the 2:1 week ratio. A good example is HGVC, where even at a rental rate, you're paying maybe $1500 a week, which the equivalent DVC points can rent for close to $2000 -- however convenience is another factor. For me, I'd much rather exchange through RCI vs. take the time to figure out renting my points. Plus, I can get 4 weeks of HGVC for my 2 weeks of DVC, and conversely get 3 weeks of DVC for my 1 week of HGVC, so in an ideal world I would exchange into HGVC for 3 weeks and exchange back into DVC for 3 weeks, and end up 6 weeks instead of 3 total, but obviously there are reasons to book directly with DVC (availability, selection) and RCI isn't really an option for specific dates. My post isn't really about the value argument, more about the process of using RCI, which is far inferior for DVC members than most RCI members due to the lack of Ongoing Searches. I assumed Waitlists were the same -- they are not -- they are far, far worse, to the point of no value, or even negative value considering you'll potentially lose use of your points and $100 just to find a single match, even if you cancel, which *isn't* how RCI normally works (you normally get infinite matches without transferring any points or using your $100 exchange fee).
 
(truncated to avoid having it reposted yet again)

I really tried to read this post, but gave up twice. Can you please put a few paragraphs in your post?

One thing about RCI that you are used to and the one we get with DVC is we get a condensed version and everything must go through Member Services. We don't have the thousands of resorts you get with HGVC.

Sorry, stream of consciousness or something :) Cliff note version:
• Value of RCI for DVC members significantly diminished by lack of traditional RCI Ongoing Searches (unlimited matches with ability to confirm or release without transferring any points or losing your exchange fee) in lieu of “Waitlist” (which automatically transfers DVC points and uses the exchange fee with the first match, regardless of whether you accept this match or cancel it).
• DVC members would get a lot more value if DVC paid RCI a *higher* (normal) exchange fee in exchange for the normal RCI Ongoing Search feature since you would actually be able to use the Ongoing Search to find an exchange since it allows unlimited potential matches without commitment and using your points/losing your exchange fee.
• Notwithstanding the foregoing, you can still cancel a *confirmed* RCI reservation by the end of the next business day, per RCI terms on their site, however I’m curious if anyone has actually done this and if DVC points get returned if so.
• Also, I’m curious what happens when an inexact match occurs (e.g. a 2bdrm when searching for a 1 bdrm) – does the normal RCI hold/confirm/release occur? If so, a workaround for the lack of Ongoing Search would be to search for a “Hotel” room type, which 99% of gold crown resorts don’t have, therefore an exact match will never occur, thus avoiding an automatic confirmation and loss of use of DVC points and exchange fee. This would effectively be an ongoing search, if so. Looking for confirmation this is what actually happens.
 
Agreed, value and price have nothing to do with another and on a value basis, almost any RCI exchange is going to fall short even when considering the 2:1 week ratio. A good example is HGVC, where even at a rental rate, you're paying maybe $1500 a week, which the equivalent DVC points can rent for close to $2000 -- however convenience is another factor. For me, I'd much rather exchange through RCI vs. take the time to figure out renting my points. Plus, I can get 4 weeks of HGVC for my 2 weeks of DVC, and conversely get 3 weeks of DVC for my 1 week of HGVC, so in an ideal world I would exchange into HGVC for 3 weeks and exchange back into DVC for 3 weeks, and end up 6 weeks instead of 3 total, but obviously there are reasons to book directly with DVC (availability, selection) and RCI isn't really an option for specific dates. My post isn't really about the value argument, more about the process of using RCI, which is far inferior for DVC members than most RCI members due to the lack of Ongoing Searches. I assumed Waitlists were the same -- they are not -- they are far, far worse, to the point of no value, or even negative value considering you'll potentially lose use of your points and $100 just to find a single match, even if you cancel, which *isn't* how RCI normally works (you normally get infinite matches without transferring any points or using your $100 exchange fee).
My marginal cost of a given exchange is normally between $300-550 including the exchange fee, add $95 for DVC for the resort services fee. When one exchanges, you lose control, the ability to change/cancel and unit assignment priorities among other things. Thus even an even exchange really isn't even any more. I always try to be trading up when I exchange, usually in villa size, week quality and resort demand all. That's a little less applicable now with RCI and TPU but the principles still apply. If trading timeshares were like a car coop, I don't want to trade the mercedes for the Chevy, I want to do the reverse whenever possible. Thus owning any high cost/high fee/high demand options is rarely a good exchange option. That goes double for DVC since it's so liquid from a rental standpoint.
 

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