DavidnJudy
newbie
Foxrun in North Carolina is highly valued by II...
The Fox run argument again. See my previous reply.
Shakes head. It deserves 22 TPU for July 4th - inland resort.
Foxrun in North Carolina is highly valued by II...
The Fox run argument again. See my previous reply.
Shakes head. It deserves 22 TPU for July 4th - inland resort.
I totally agree the Points are NOT fair. They seem to be somewhat unfair and in some cases VERY unfair. And in some cases very fair.
What I am saying is that you can use that to your advantage. If you don't want to use it to your advantage then don't.
And btw, I value carolinian's oppinion as well. And I think he does shed a great deal of light on what has happened between RCI and the developers. I truly appreciate that.
Actually, I think we are all in agreement on the facts. The question just becomes do you want to work the system or walk away from it? Or maybe half play the system like you are doing - some RCI some II.
You have missed Carolinian's point entirely. He is saying not to deposit Outer Banks, or the other areas RCI gyps out of TPU's. I agree with it. Foxrun in North Carolina is highly valued by II, but RCI gives even 4th of July just 22 TPU's. I would never give RCI a chance at my Foxrun weeks again. II gets them every year.
I loves Foxrun, so I don't give it to RCI. What argument am I making? If you want to know the truth of it, RCI gets too many Wyndham deposits in the NC mountains to value Foxrun, while II doesn't.
Aren't you just "feeding the beast" by getting cheap rentals from RCI? If you really disapproved of RCI renting units, you wouldn't rent from them.There are other options as well, such as renting out a high demand week like OBX summer week and then using the profits to get one of RCI's cheap rentals somewhere.
Week 51 (sometimes) and 52 are the ONLY weeks where this is the case, and if you look at the demand in Orlando that week, it's clearly justified. Most Orlando weeks are under 20....my parents get 56 TPU for their week 51 Orlando week...It is hard to see how RCI can continue to overweight Orlando weeks, and give 2-3 exchanges for 1 week---so I really can see those goalposts moving.
Aren't you just "feeding the beast" by getting cheap rentals from RCI? If you really disapproved of RCI renting units, you wouldn't rent from them.
You're taking advantage of "unfairness" (or inefficiencies, as an economist would call them) in the system, just as much as we are.
The only purchasing strategy I support is one where the maintenance fees for a property are likely to remain at roughly 50-75% of what you can expect to rent the unit. Then, you can use it, rent it, exchange it, or whatever and you are guaranteed to get a good value for your invested capital.
There could be twice as much inventory in Orlando for Christmas, and they'd fill it. Whether you think that justifies the number or not, I can't say.
This is the single greatest thing about the TPU system. You know what you get for depositing, and you know what it takes to get what you want. In the old days, you needed trade tests and comparative searches to figure out what was and wasn't valued by RCI. The new system makes everyone immediately an informed consumer, and they can make the decisions they want going forward. If you don't like the deal you are offered, don't deposit. If you do, do.
There's no sense bitching about "fair" or "over-valued" or "under-valued". The values are what they are. If they are terribly out of line with objectivity, then people with under-valued weeks will not deposit them, lowering their supply and increasing their valuation (or causing RCI to lose money on lost deposits/exchanges). Likewise, people with over-valued weeks will over-deposit them, raising their supply and lowering their value (or causing RCI to lose money on a build-up of inventory that causes supply to go out-of-whack with true demand).
I don't particularly care whether RCI gets it right or gets it wrong. If they get it right, more money for them, and that's great. But, if they get it wrong, well, I can take advantage of that too. In the words of Captain Jack Sparrow: "take what you can, and give nothing back."
In the Foxrun case, the right thing is happening. There is a glut of Wyndham NC Mountain inventory in RCI, and relatively little in II. By giving relatively low TPU for those Foxrun weeks, it has encouraged Cindy to deposit with II. That's fine with RCI---they already have enough. It works for Cindy, because she gets better value in II. Everyone wins here, and that sounds great to me.
Week 51 (sometimes) and 52 are the ONLY weeks where this is the case, and if you look at the demand in Orlando that week, it's clearly justified. Most Orlando weeks are under 20.
Aren't you just "feeding the beast" by getting cheap rentals from RCI? If you really disapproved of RCI renting units, you wouldn't rent from them.
You're taking advantage of "unfairness" (or inefficiencies, as an economist would call them) in the system, just as much as we are.
If RCI is awarding TPUs based upon demand, (and for this discussion, let's assume that weeks 51 and 52 Orlando are the most requested trade in RCI), then why doesn't it cost 50 TPU to get a trade into the resort at peak time? If it is truly supply/demand, then a higher demand should push the TPU upwards in an effiicient (fair) market system.
For ex, a Hawaii resort gets 42 TPU for deposit and it COSTS 42 TPU to trade into the resort. I'm sure high season Carib. (if there were any online) would be the same--say 50+ TPU for the Westin St. James and 50+ TPU to trade into it.
But, not so for Orlando and MB. You get TPUs far and above what it costs to trade into that same resort for the same time period. Something is quite off. Which is why 1) love it now, as parents get 56 TPUs for Orlando week and 2) think the goalposts could shift at some point, because there is no way to justify this pointing in supply/demand.
And, for the Europe debate---we love Europe--but airfare for a family is super high. So, we go to Orlando 5X as much as Europe. I think no trips or 1 trip to Europe is the norm for US TS owners--and usually that trip is a Grand Tour--in which a TS does not fit the plan. So, on that, I have to agree that O is #1.
You continue to use that example, but it has no basis in reality. If I look for week 52 in Orlando, the cheapest unit I see for 2011 requires a trading power of 22. The cheapest I see for week 52 in 2012 requires a trading power of 33. Depositors would get a trading power of 48 for that same week.Well, when another Tugger posted that a VV@P week 52 was given 50 points lite for a deposit but RCI at the very same time was only asking 10 points lite for an exchange in to the very same unit/week, your theory goes right out the window.
You continue to use that example, but it has no basis in reality. If I look for week 52 in Orlando, the cheapest unit I see for 2011 requires a trading power of 22. The cheapest I see for week 52 in 2012 requires a trading power of 33. Depositors would get a trading power of 48 for that same week.
And exactly how does this disprove my "theory"?