Resales

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Original Message:

Re: Resales (by Paul G.):

Regarding the larger trading groups....Diamond is a timeshare management group. RCIM is another. Wydham is another. If you buy a resale from a Suntera owner (now Diamond) you get that internal network. If you buy from an original Glen Ivy (now RCIM) you get access to that internal network.

Neither of these are fee for trading organizations. The largest two I know of are RCI and II which trade all over the world and charge two levels of fee...one annual...$80 or more, and another for an EXECUTED trade week (under $200).

In addition the non-profit Timeshare Users Group (TUG) and this site (RED WEEK) run smaller international exchanges. Some European destinations, NYC, Vancouver CAN and a few other places are harder to trade into due to low supply and high demand.

The San Luis Bay Inn has no empty or really bad weeks and due to actions by the Coastal Commission of CA, no more timeshares will be built on the Central Coast. Additionally, local real estate values of this pristine beach town have stayed high, while annaul maintenance is about 1/4 of say, the Manhatten Club in NYC or highly seasonal places, like Cape Cod.

Planned and controlled properly, with hotel prices continuing to escalate, and goodand stable local management like Ben Banks at this resort, timeshare bought, especially, on the resale market, like here or maybe eBay (hit or miss), is a terrific hedge on inexpensive retirement travel for seniors or families.

The resort has the additional value of kitchens for breakfasts and the occasional meal, which save further hard earned bucks.