Archive for March, 2010

How Timeshare Exchange Works: A Question From A Client

Tuesday, March 30th, 2010
Pueblo Bonito Emerald Bay

Pueblo Bonito Emerald Bay

I recently received an email from one of my clients that purchased The Timeshare Exchange Bible – RCI Weeks Edition on using one of the many strategies I recommend to supercharge your exchange power.  The strategy is to find out from either your resort or RCI the most demanded week of the year in your resort and bank that week for exchange.  I also say that not all timeshare resorts will let you pick the week to bank.  This is the case with Richard and he wanted to know what to do next.  Below is his email and my response.
***************************************************
“Jeff, I’ve been reading and re-reading the Exchange Bible.  Last week, I attempted to book a red season week with Pueblo Bonito Emerald Bay in Mazatlan. The answer I got back was they do not permit owners to select specific weeks and that their computer will randomly assign a week.  Here is their response:
“The system assigns the next unit/week available in our system. For your information only, September is a white season week and has less power trading than a May week (red season)… Unfortunately we cannot know which week it will be…”

Before I call them to bank my weeks, are there any other suggestions?”

***************************************************

Hi Richard,

I’m glad you’re applying, or attempting to apply, the strategies in the Bible.  I did mention that not all resorts will let you pick the week.  Since I don’t own Pueblo Bonitio, I can only guess as how to deal with this.  You’d definitely be better off with a powerful Red winter week than a white week when exchanging in RCI.

First off, did you buy a white week?  If not, I’d certainly demand a red week be banked regardless of what the computer generates. You might try calling and asking “if I want to bank a week, and that week is randomly generated can you tell me before it’s deposited what it’s going to be?”  If so, and the week is a crummy one, say no thank you and call back another time.

You really need to pick the Pueblo’s reservationist’s brain on how best to do this.  Maybe banking much earlier will help.  You’ll have to dig deep to get the best answer.  One of the keys to getting great exchanges starts with understanding your home resort’s reservation policy.  That’s best done before you purchase your timeshare but seldom happens.

When I bought my weeks at Whistler I made sure I could pick which weeks I could bank so I always bank 4th of July weeks.  (I chose to buy summer floating weeks because they were cheaper then winter.  I gambled that summer weeks would increase in exchange power over the years to nearly equal winter weeks and in fact they have) Good info to know if you ever plan to buy more timeshare.

Let me know what Pueblo says so I can help out other timeshare owners.  I’ll blog this to help other timeshare owners facing the same problem.

***************************************************

Jeff Pierce, The Timeshare Expert, has taught thousands of timeshare owners the secrets to getting the best exchanges with both RCI and Interval International for over 22 years.

His two books, The Timeshare Exchange Bible – RCI Weeks Edition, and The Timeshare Exchange Bible – Interval International, are the only books of their kind in the timeshare industry and designed to help you  master at the very complicated art of getting good exchanges.

I would love to have you share your opinions and personal insights on this blog.

For 10 FREE videos on getting better timeshare exchanges in RCI and II go to TheTimeshareExpert.com.

Join me on:

Twitter Facebook My Space

International Timeshare Convention Held in Las Vegas

Monday, March 22nd, 2010

Las Vegas

I’ve just returned from Las Vegas where I attended, for the first time, the yearly convention for the timeshare industry.  It is held by ARDA, The American Resort Development Association which is the Washington D.C.-based professional association representing the vacation ownership and resort development industries. Established in 1969, ARDA today has nearly 1,000 corporate members ranging from privately held firms to publicly traded companies and international corporations with expertise in shared ownership interests in leisure real estate. The membership also includes timeshare owner associations (HOAs), resort management companies, and owners through the ARDA Resort Owners Coalition (ARDA-ROC).

The convention is geared toward the timeshare developer and the ancillary companies that service them while this blog is aimed at the timeshare consumer but I came away with a very positive feeling for the industry.  Certainly the current economic climate has taken its toll, but the best minds in the industry were there to put on educational sessions to deal with this and other factors affecting the industry.

While surviving in difficult economic times was certainly one of the focuses of the convention, ARDA also sets the standards and identifies best practices and innovations for the industry.  There were sessions on going green, running an effective HOA, understanding today’s leisure traveler, innovative ways to improve owner satisfaction and fundamentals of resort management – all of which will contribute to timeshare owner’s enjoyment and satisfaction.

ARDA also does a great job lobbying in Washington DC for timeshare owner rights.  They have been instrumental in keeping us from having to pay transient hotel taxes when we do an exchange in many parts of the country.  They are a nonprofit so feel free to make donations.  To learn more about this very important and useful organization click here.

The most exciting thing for me personally was that RCI has a copy of my Timeshare Exchange Bible – RCI Weeks Edition and has read some of the articles I’ve done about them.

At first I thought that they would now put out their own Bible to compete with mine.  But to my surprise, RCI encouraged what I was doing and offered me assistance in getting out information on another of a long line of product and service enhancements they have been making of late due out later this year.  Rather than seeing me as their competition they want as many timeshare owners as possible to understand the best procedures of getting a good timeshare exchange.

All RCI members are going to be greatly pleased by what they will be rolling out regardless of where they own.  In my opinion, what RCI is doing will be considered one of the great leaps forward in the timeshare industry since its inception.

RCI has already broken the mold with RCI TV and continues to strive to improve their service.  But I promised not to tip my hat early on this so you’ll have to wait until later this year.

I also got to speak briefly with Howard Nusbaum, President and CEO of ARDA, about The Timeshare Exchange Bibles and he asked me to send him copies.  He also thinks it imperative to educate timeshare owners on the art of getting good exchanges.

Refer back to this blog for further updates and be the first to learn of the new RCI enhancements when they pull the trigger.

***************************************************

Jeff Pierce, The Timeshare Expert, has taught thousands of timeshare owners the secrets to getting the best exchanges with both RCI and Interval International for over 21 years.

His two books, The Timeshare Exchange Bible – RCI Weeks Edition, and The Timeshare Exchange Bible – Interval International, are the only books of their kind in the timeshare industry and designed to help you  master at the very complicated art of getting good exchanges.

I would love to have you share your opinions and personal insights on this blog.

For 10 FREE videos on getting better timeshare exchanges in RCI and II go to TheTimeshareExpert.com.

Join me on:

Twitter Facebook My Space

Top 5 Travel Apps For Timeshare Travelers

Wednesday, March 3rd, 2010

Matt McDaniel has written a great article that both RCI and Interval International timeshare owners will find helpful when using their timeshares world wide.  He lists the top 5 travel apps to download to your smartphone.  And the best part is they’re all free!

His favorites are: 1) WeatherBug 2) Where 3) XE Currency 4) Google Earth and 5) Translator.  I couldn’t find the website for the app he uses for Translator but Google is in the process of developing one now.

You can find this helpful but short article by clicking on this link: Travel Apps

***************************************************

Jeff Pierce, The Timeshare Expert, has taught thousands of timeshare owners the secrets to getting the best exchanges with both RCI and Interval International for over 21 years.

His two books, The Timeshare Exchange Bible – RCI Weeks Edition, and The Timeshare Exchange Bible – Interval International, are the only books of their kind in the timeshare industry and designed to help you  master at the very complicated art of getting good exchanges.

I would love to have you share your opinions and personal insights on this blog.

For 10 FREE videos on getting better timeshare exchanges in RCI and II go to TheTimeshareExpert.com.

Join me on:

Twitter Facebook My Space