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Re: Successful Resales & Rental Feedback Wanted (by Mary D.):

Peter, you asked about what I meant by "$200 or so" in additional fees if one exchange through RCI and then "gifts" it to another. Finding the exact current exchange fee is not easy if you are not trying to actually make a reservation! However, my most recent notes say the US/Canada/International exchange fee for exchanges made on line is $164 and exchanges made by phone are $189. The guest confirmation is $59. Over $200 any way you slice it.

RCI attempts to balance our deposits with reasonably equal exchanges. A converted motel in Podunk is not going to "pull" the Manhattan Club. An exchange can get us to places we could not otherwise go, but there is no reason to expect that the accommodations will be better than those we offer in exchange.

So, again, why would I try to illicitly rent out an exchange if what I get is normally of no higher value than what I give and I am paying an additional $223 or more for the privilege? If I own a lock-off, nothing prevents me from separating them into two 1BR rentals. Some resorts will charge for each Guest Confirmation, but one at least saves the exchange fee and we can make a profit renting what we own at a relatively low mark-up. MD