July 19, 2010

Ontario CANADA FLOAT RCI GOLD Crown LOCKOFF Timeshare

Q: Hello. We do have several questions that are more specific to this particular timeshare. We are extremely interested in this property, but like everyone else, we'd like to see the fine print of how this timeshare would work in an exchange. If this is available in a .pdf format, can you please email it to us to review asap? thanks.

A: There is no fine print as to how it would trade. There are many variables that affect the trading power of a unit rating of the resort and size of the unit are only two. The week that is being banked is another. How long it is banked in advance of the use week. There is just no way to give a cut and dry answer. Also booking can affect it. When a week is in the bank for 21 months RCI starts to get a little nervous because they make their money off the booking fees. So when it gets close to the 2 years that they can bank for then they start making offers for the owner of that banking to book a week. That is how in the last couple of months you can basically turn a blue week into a red.

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