By joining RCI or other exchange companies, there are fees involved.
Hi, I am new here on Tug and am in a great need of advice from all of you Master Tuggers!!! I own week 11 at a small timeshare in Destin,Fl called Holiday Beach Resort Phase 1. It is a small studio unit beach front that has what I feel is low maintenance fee's(about $420.}We have only ever stayed our week. We haven't joined Rci or any of the other's. If we were a family of 3 or even a family of 4 with 2 small kids it would be the perfect unit but we aren't. Does ANYONE out there have ANY advice what we should do. We received this unit free of charge...thanks to a family member who is a tugger..lol Our family grew up in timeshares. This is the first of many I will own so any advice will be greatly appreciated.
I checked in RCI and a studio at that resort for week 11 currently gets 26 TPUs. Since the size of your family won't allow you to stay in that size unit, you have a couple of choices. The travel demand for this week, as shown in Interval is slightly above average and I've been told that II trades more for like size units (no personal experience with II).
So you could join RCI, deposit your ownership and exchange each year. This will naturally increase your annual costs (annual membership fee and exchange fees, plus the maintenance fee). Since you were given the timeshare, you could give yours away on TUG and pick up something that works better for your family size.....maybe another freebie or a low cost one on TUG.
I just accepted a giveaway on TUG for the cost of closing and transfer on Friday, which meant I needed to give one away. I listed one of mine on TUG for the cost of closing and transfer. I had someone contact me today that wants it.