Selling your Interval Weeks

Has anyone ever "sold" or "assigned" your banked Interval Weeks through either Red Week or some other medium? I heard somewhere that it is not allowed, however, Interval told me you can do it and assign to someone else for $39 but not recommended since you are the owner. We were unable to use or sell our Marriott unit last year in Aruba and were forced to turn it in. Would like to try and sell one of the two weeks since we don't have that much vacation time.

Recommendations, Advice?

nancyl165 wrote:

Has anyone ever "sold" or "assigned" your banked Interval Weeks through either Red Week or some other medium? I heard somewhere that it is not allowed, however, Interval told me you can do it and assign to someone else for $39 but not recommended since you are the owner. We were unable to use or sell our Marriott unit last year in Aruba and were forced to turn it in. Would like to try and sell one of the two weeks since we don't have that much vacation time.

Recommendations, Advice?

People are cautioned in the various forums to be careful that they are NOT renting a exchange from someone else.

I would suggest that you find a friend, family member, or co-worker who might want to take a vacation and then negotiate any compensation directly with that person. While you can't technically rent it, maybe the other person could give you a "really nice birthday present" ;).

It's against II and RCI rules to sell banked weeks.

And strictly against DAE rules too.

As an owner of one week with II, can I sell on my own an UNBANKED week (2009) if my maintenance fee is paid for that year?

I have one week banked for 2008. Can I do an exchange on my own with another person, or a TS organization who may not be II members?

This is so confusing, and try an get straight answers from II is somewhat difficult.

Thanks for any help you can give. BJ

brendaj85 wrote:

As an owner of one week with II, can I sell on my own an UNBANKED week (2009) if my maintenance fee is paid for that year?

I have one week banked for 2008. Can I do an exchange on my own with another person, or a TS organization who may not be II members?

This is so confusing, and try an get straight answers from II is somewhat difficult.

Thanks for any help you can give. BJ

Brenda if you have already banked your 2008 week with II then it belongs to II and most likely already given out to another party so answer is NO!

Second if I'm understanding your question you want to sell a II week. First is II doesn't own timeshares they are just one of the top exchange companies so I think you mean rent the week not sell. If this is true you can do anything you want as longs as you have not deposited your week with II.

As with any exchange company once you give the years use to them it is no longer yours. This is why we never deposit with II but do a request first. With request first your unit is on their books but not deposited until they come up with one of your choices. Up to thispoint a owner can pull their unit back and use it.

Hope this helps! PHIL

brendaj85 wrote:

As an owner of one week with II, can I sell on my own an UNBANKED week (2009) if my maintenance fee is paid for that year?

Yes, if it hasn't been banked.

Quote:

I have one week banked for 2008. Can I do an exchange on my own with another person, or a TS organization who may not be II members?

No, II now owns your banked week.

brendaj85 wrote:

I have one week banked for 2008. Can I do an exchange on my own with another person, or a TS organization who may not be II members?

I have multiple companies calling me at the end of this year trying to buy my 6 weeks that can be shared to friends and family. Is this legal to sell. Of course they are offering me $1400 per week

cynthiag333 wrote:

I have multiple companies calling me at the end of this year trying to buy my 6 weeks that can be shared to friends and family. Is this legal to sell. Of course they are offering me $1400 per week

This is a common scam. You do not own any Interval weeks to sell. If you obtained these weeks via exchange through Interval, then you can not sell or rent them out.

Also, the fact that these companies are calling you out of the blue is also a likely indication of a scam.

I was told by someone that he is listing on vrbo, hotel rooms that are on interval (not using his points) After a person buys from him on vrbo he then buys on interval with cash and transfers their name to the purchase. Is this legal?

michellem1054 wrote:

I was told by someone that he is listing on vrbo, hotel rooms that are on interval (not using his points) After a person buys from him on vrbo he then buys on interval with cash and transfers their name to the purchase. Is this legal?

This post makes no sense at all. For starters, Interval does not have any "hotel rooms". Interval offers timeshare weeks deposited "for exchange" by and for their members. Secondly, the only product a II member could "buy on Interval with cash" is a "Getaway" -- and Getaways are weeks that cannot be rented out to someone else once acquired. I cannot even begin to imagine how vrbo could possibly fit into this very puzzling fairy tale.

I get a headache just reading through this very confused post, whose described scenario completely escapes my comprehension. Sorry, but I suspect that someone just simply does not have their facts at all straight or correct here.

You make a good point, it's forbidden