posted 05-30-2005 17:47               

I know we can post with www.capescape.co.za
They get about $50 up front and then, I think 10 or 15% of the sale. Have read good and bad things. You can see current pricing of various timehare weeks on their site.

My question(s).....Has anyone had success selling this way?
Do any other options exist?????

Marty

posted 05-30-2005 20:08               

I'm guessing these Durbans were purchased through Philip Becker's special a few years ago. Does anyone remember the pricing for the weeks at that time? I can't find my info and would be curious what the actual purchase price was (I know what my payment was, but that included maintenance fees too).

Thanks!

posted 05-31-2005 02:16               

I see on Redweek. Durban Sands weeks are posted at $400 to $800
That appears to be fair.

posted 06-01-2005 01:01               

Can you tell me more about this? Was there a fee to do this? Do you own another point week already before converting your SA weeks? Once you convert do you have to convert annually from then on?

posted 06-01-2005 02:37               

Also.....are there benefits trading in the points system other than having the flexibility of traveling on shorter vacations? Are the resort choices better and easier to trade into?

posted 06-01-2005 08:34               

quote:

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Originally posted by martyap:
I believe you have to own a "points" resort to be allowed by RCI
to convert your SA weeks. I would also be interested in the ins and outs of points before I try to sell my two Durban weeks.

Also.....are there benefits trading in the points system other than having the flexibility of traveling on shorter vacations? Are the resort choices better and easier to trade into?

Marty

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You both need to spend some time at the "All Points Systems" discussion forum here on TUG....about RCI Points.

If you buy a week(s) at one of the 700+ RCI resorts that are now especially affiliated as "RCI Points Resorts", then pay a one-time conversion fee of $200 to $4000 or more (varies by resort, and which ones have enlisted a middleman/broker to market the 'conversion'. It's well established that $199 of this fee is RCI's administrative cost. The rest is just 'gouging' us owners! (although I read a compelling case once that an individual resort may incur some added costs to convert to RCI Points (maybe they now offer daily checkin/out...or some new reservation software, etc)....and it's fair for a small "special assessment" type fee be built into this fee, so that only converting owners carry the cost of this conversion.)

Once you are an RCI POints owner/member, you pay $99/yr annual RCI fee....and I believe $79 exchanges.

Also, once you own an RCI Points timeshare/membership, you're invited to give another timeshare week at another RCI "weeks" resort (non-RCI Points) in exchange for a generic number of RCI Points (based on region/season/unit size/GC-Rid-Standard rating. THis program is referred to as "Points for Deposit", and is not to be confused with "permanently converting your SA timeshares to RCI Points"....you're free to exchange them for RCI POints on a year by year basis, or continue trying for an RCI Weeks exchange w/ your SA week(s).

Currently, USA members of RCI Points can give their SA weeks in the "Points for Deposit" program....but TUGGERS warn that there is no guarantee that RCI will continue either the POints for Deposit program in its entirety, or someday restrict deposits from any region. (there was some restriction placed on non-USA RCI POints members, but I can't recall the details).

So, fully investigate, and judge for yourselves if you wish to build a timeshare ownership strategy based on this "points for deposit"...many TUGGERS are doing just that, and hoping the RCI POints program stays as is long enough to get some great exchanges before something makes that strategy worse.