Do you work for RCI??
You are all over the TugBB slamming Redweeks exchange program. Why?
Truth is, RCI has turned to the dogs in recent years, and Redweek is offering people a real option here. You cannot assume everything they are doing will fail and that everyweek deposited will be a "trash" week.
I have seen a handful of decent rooms traded already, and chances are they will continue to get better not worse.
I see where a person was offered 2000 points for a 3BR Kingsgate. I traded my 3BR Chrisite Lodge (not so great week) for a 3BR Kingsgate three years ago. Redweek gave me 1800 points for my unit. All-in-all that was a pretty even exchange offer.
Somebody else was offered 2800 for a 2BR Marriott Kauai. They offered me about the same for Waiohai. They ARE making fair offers.
The deposits WILL start coming in after a few more people continue to read here and on other boards about it. It is just a trust issue at this point.
GIVE IT TIME. Good Luck
No, I don't work for RCI. In fact, I don't like them much either. But, given the current Redweek exchange company and RCI, I'd have to take RCI today.
As I said, I hope that Redweek is successful. The timesharing industry needs more competition. I am just calling it like I see it. Sorry if it doesn't seem polyanna to you.
Do you dispute any of the facts and logic that I present? If so, add to the conversation.
I am trying to understand the underlying success factors in creating an exchange company. I have learned a lot from the Redweek experiment.
I used to think that even exchanges was the central aspect of creating a viable exchange company. That's because it would more efficiently map supply and demand. After seeing a very enterprising company try it, I have changed my opinion. I now believe that the central and key aspect of a successful exchange company is the free weeks it gets from its affiliations. Mapping supply and demand only matters if you have supply to map demand to.
This insight was not really on my radar screen until I saw the behavior of the Redweek system and the actions of the posters on this message board. No matter how much I learned, I believe Redweek has learned more since they are putting their own money into it.
I believe that Redweek can be successful if it gets a source of free weeks at US locations that starts the exchange system going.
They can do that in many ways. One of which is to form some type of affliation agreement with resort developers or HOAs. It could have HOAs that are no longer in development provide them last minute inventory to eliminate the conflict of interest in resort developer sales. The HOA could then have a rental program or a resale program for its members offered through Redweek. That would be a source of free inventory. That could really work well for them.
My conclusion is that if Redweek doesn't do something like what I am saying that they will not be able to survive. If you have logic that suggests otherwise, I really would be interested in hearing it.
I also do not believe that Redweek is standing still. I am sure they will come up with better ideas than I have in creating this entrepreneurial effort.
What I am doing is shining light on the real issues that they face which does provide insights that depositers will need to make a judicious decision on whether or not to deposit. Some of us on this message board who jumped too soon may pay the price for not acting judiciously and fully informed.
So, if I come across negatively, I apologize to you for that. I am actually trying to call it like I see it without passion or prejudice.