November 03, 2022
If you’re wondering, “How do I sell my RCI timeshare?” you’re not alone – and the confusion comes from the question itself. Resort Condominiums International (RCI) does not own resorts and doesn’t have any timeshares to sell. So, you don’t own an RCI timeshare – you own a timeshare through a resort that is affiliated with RCI. If you’re still not sure how it all works, we’re going to explain the role RCI plays in your timeshare ownership and in your timeshare resale.
RCI was founded in 1974 as an exchange service for timeshare condominium owners and is now widely recognized as a leader in the timeshare exchange industry. RCI uniquely created a way to inject travel options into what was formerly static or fixed weeks-based ownership.
Think of what RCI brought to the industry as a “home swap” opportunity. Through RCI, timeshare owners can exchange their ownership at their home resort for a stay of the same duration at a different location at a resort that has become part of the RCI exchange program.
RCI offers vacation exchanges with affiliated resorts in the U.S. and around the world, including Club Wyndham, WorldMark, Hilton Grand Vacations Club, Holiday Inn Club Vacations, and many others.
Vacation exchange programs give timeshare owners the flexibility to experience vacations at different locations outside of their home resort, and this flexibility is highly valued among timeshare owners and prospective buyers.
Suppose you own a timeshare at a resort that is part of the RCI exchange. In that case, you already have something timeshare buyers are looking for – a flexible vacation option outside of the traditional fixed-week ownership.
It bears repeating that technically, you can’t sell your RCI timeshare because RCI does not own any resorts; it simply has formed affiliations with resorts to allow timeshare owners to exchange their vacation at another RCI destination.
In fact, the only way most timeshare owners find out about RCI is because their timeshare resort is affiliated with the RCI exchange program. For example, you may own a timeshare through the Club Wyndham resort, but you’re able to exchange your week because Club Wyndham is part of the RCI exchange program.
RCI has created a network of affiliated resorts, and you own a deeded interest in a timeshare at a resort within that network. Even if you own RCI points toward vacation exchanges, you still need to know your home resort in order to successfully sell your timeshare on the resale market.
When you sell your timeshare, you want to be clear about which resort is your home resort. Some RCI points transfer on the resale market, so you will want to know this as well as the details of your home resort. If you aren’t sure, check your deed or purchase and sale agreement, or call RCI to ask them at which resort you own your timeshare and whether your points will transfer as resales.
When you put your timeshare up for sale on the resale market, you’ll want to understand the RCI exchange and how it works so prospective buyers understand their options.
There are two types of RCI exchanges:
RCI Points: If you are an RCI Points subscribing member, you can exchange your timeshare points for up to 21 nights at an affiliated resort location.
RCI Weeks: If you are an RCI Weeks subscribing member, you can exchange your timeshare week for up to 7 nights at an affiliated resort location.
These exchange options give timeshare owners access to more than 4,200 resort locations around the world. The only drawback is that vacations using exchange points or weeks typically need to be booked up to two years in advance as many locations and dates are in high demand.
When you put your timeshare on the resale market, it’s important to be clear about the difference between the resort at which you own, and the RCI affiliation. It’s recommended that you know as much detail as you can about the specifics of the exchange program your resort is part of, and what prospective buyers can expect from your timeshare ownership.
Ready to Sell? Learn more about the process to sell your timeshare
Selling a Marriott timeshare, those available through Marriott Vacation Club, is a nuanced process given the specialized nature of the market. Learn more here.
If you no longer want to be a part of your club or cannot use your membership, can you sell your vacation club or travel club memberships? Let’s find out.