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Re: timeshare company charge to join RCI

Look at the contract you signed. See if you have a period of time to rescind (take back) your decision. If you do, and are still in that time period you should probably reconsider. The "deal" you were offered will probably always be available the chance to get your money back will never come again once the time to rescind is up. If it is too late you just need to learn to make the best of it. Just keep in mind that you are looking at about $120 extra annually to maintain an RCI points membership even if you never exchange and another $80-$209 per exchange. As to who gets the money for your points conversion. Usually your resort or management company keeps about half minus the rci fee which I believe is around $500 these days. Presumably they use the money to upgrade systems to allow check in different days of the week and any increased management cost associated with the flexibilty of using points. Any additional money should be used for general property improvements although some management companies use it for themselves. The other half that you paid goes to marketing the points upgrade. Any "gifts"offered to owners who sit down for the update come out of this. Salaries and commissions for the salesfolk involved come out of this and any other marketing expenses- setting up appointments, etc.