Since this is the thread for FACTS, not the OPINIONS, perhaps a recap:
1) Many resorts were informed about what was happening within RCI's weeks program. Some of those resorts were large resorts, or part of large resort systems, others were small resorts.
2) Some resorts apparently were not informed. Those that we know of are smaller resorts, not affiliated with large resort groups.
3) This change is happening now, in mid-November, 1-3 months before exchange fees are due at many resorts.
4) Come Monday morning, we will all know the value of our weeks relative to all other weeks. There will be a calculator with which we can request the current value of not only our own weeks, but the weeks we would like in exchange.
5) Those RCI members who are either happy about the changes, or don't care, will continue to pay their maintenance fees on time.
6) Those RCI members who are not happy with the changes might get upset, and choose not to pay their maintenance fees. If and when that happens, our HOAs will finally have to face what they should have faced 20 years ago - the fact that some weeks are not worth the maintenance fees on their own, and the HOA needs to find a way to either reduce or eliminate those fees, or provide some other value to those weeks.
What I am still not clear is whether a trading power of a deposit will be same as the trading power required to pull that same deposit.
Say I deposit Resort X, Week 52, more than 9 months out. I am assigned 20 points. When another member wants to exchange into this same week (Resort X, Week 52) will he/she be needing 20 points to exchange into (other than for last call)?
I was under the impression the answer is No. But I am not sure now.
In the video under the RCI Weeks link, it briefly shows a single screen where it appears we will be able to input a resort, unit size and check-in date (or week) and see the trade power - not just the trade power of our own week. If that is in real time, then it is showing us, right now, what it would take to trade in. Thus if you are assigned 20 credits today when you deposit your week, I would also need to spend 20 credits to get it as an exchange today. 2 months from now, I might not have to pay 20 credits - I would pay whatever the going "price" is for that exchange, and if you waited 2 months, you would get the same number of credits.
In essence, that means to get a 60 point exchange, 9 months out (or whenever they are offering full credits) you will need 60 credits. But as time goes on, the value of that deposit will slowly decrease, and someone might be able to take it at 50 credits. The assumption is that a person with 60 credits who wanted it would already have taken it, and they have given those people plenty of opportunity to snag it for full price. If nobody wants it for 50 credits, at some point it might be reduced to 40 credits, and so on, until the 45-day window when it is reduced to 5 credits.
If you have 60 credits, you can reserve the week a year out, knowing you have what you want. Or you can wait and try to get it for 50 credits, but risk someone else grabbing it before you - kind of like a reverse auction.