Am I mistaken that on going search requests get priority and are filled as deposits come in? If this is in fact true why would there be a high demand deposit to see in a real time search?
Yes, the ongoing searches have not been part of the discussion. From what I understand what we see as available on RCI's websites are the leftovers. Any ongoing search will take 1st priority and we'll never see it as available on rci.com. So there may be some weeks in very high demand areas (UK summer, the aforementioned Allen House, etc, etc) that will never show up because the waiting list far exceeds those who actually deposit those very high demand weeks.
Unfortunately, we have no way of verifying this and RCI doesn't publish what was taken during ongoing searches. So all we can do is speculate. The best thing you can do is to look at last-minute exchanges (within 3 weeks or so of check-in). If you do this, you can see some very prime weeks that were cancelled at the last minute. So I can assume that there are cases where people can snag these very high demand weeks, but we never see them.
Of course this is true as well. If you do an ongoing search you are going in blind and don't know if your actual requested trade is simply impossible based on trading power. RCI should at least be upfront and tell you that you have no chance.Trading power still comes into play with ongoing searches. You will be ignored and skipped right over with a request that isn't in your "league."
As for rentals, who knows? If we believe RCI these are developer weeks that they choose to put up as rentals for everybody to use. If we believe the detractors at TUG, they are skimming the best weeks that were deposited by exchanges. Either scenario is plausible.
That is why a points-based system (RCI, Wyndham, Worldmark, etc) is much preferable than an exchange system. In a perfect world, RCI would have just one big points system, where everybody's week would be given a points value and would negate the need to convert a week into points. But of course this would negate the need to cough up $$$$'s to the developer and put thousands of timeshare sales "people" (I'll be nice here) out of jobs because they won't be able to harass existing owners about converting their week into points.
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