If you are considering timeshares but don't want to be limited to a solitary property and destination, then you should think about a timeshare exchange. Not all timeshare resorts/brokers will offer an exchange scheme so remember to ask! Make sure you check out all the companies you are thinking of using, large and small, and make sure you do some fitting research.
A timeshare exchange is pretty much what you would expect. A vacation exchange where you may pay an ongoing membership fee to be able to pick from a list of available properties below or within your preferred bracket, if you want something in a higher group, you may be able to upgrade on a temporary basis at an extra cost.
In general terms there are 2 different systems you will come across. One system is based on your possession of a timeshare in a static location and week and that can be exchanged for similar properties in a similar nearby week. The second system is to purchase points that are traded for a week within a certain points bracket.
In a similar way to any vacation, you will need to plan ahead for a timeshare exchange; it will demand a little more forethought. If your desired location is not available in the selected week, you may lose out or can go on a waiting list for the really popular properties.
Companies that deal with timeshare exchange include, but are not limited to, Interval International, RCI (Resort Condominiums International), and Trading Places International. RCI timeshare probably has the lion's share of the market, but you are encouraged to read David Cameron's blog at http://davidcameronsdiary.co.uk on his experience with RCI (yes, it is 'that' David Cameron!).
Don't disregard the smaller independent timeshare exchange companies though, as some of these are worthy of consideration. Redweek for example, is developing quickly and now offers a points system. Another company would be Dial An Exchange. They do not require any ongoing membership fee which makes them an interesting proposition. Dial an Exchange simply makes it's money from any exchange fees. Do a search yourself to find more, but remember to check the company out before you commit as mentioned above.
A timeshare exchange is pretty much what you would expect. A vacation exchange where you may pay an ongoing membership fee to be able to pick from a list of available properties below or within your preferred bracket, if you want something in a higher group, you may be able to upgrade on a temporary basis at an extra cost.
In general terms there are 2 different systems you will come across. One system is based on your possession of a timeshare in a static location and week and that can be exchanged for similar properties in a similar nearby week. The second system is to purchase points that are traded for a week within a certain points bracket.
In a similar way to any vacation, you will need to plan ahead for a timeshare exchange; it will demand a little more forethought. If your desired location is not available in the selected week, you may lose out or can go on a waiting list for the really popular properties.
Companies that deal with timeshare exchange include, but are not limited to, Interval International, RCI (Resort Condominiums International), and Trading Places International. RCI timeshare probably has the lion's share of the market, but you are encouraged to read David Cameron's blog at http://davidcameronsdiary.co.uk on his experience with RCI (yes, it is 'that' David Cameron!).
Don't disregard the smaller independent timeshare exchange companies though, as some of these are worthy of consideration. Redweek for example, is developing quickly and now offers a points system. Another company would be Dial An Exchange. They do not require any ongoing membership fee which makes them an interesting proposition. Dial an Exchange simply makes it's money from any exchange fees. Do a search yourself to find more, but remember to check the company out before you commit as mentioned above.
About the Author:
Owning a timeshare exchange really does offer you a good option, therefore, it should be an option in your search for a worldwide timeshare. Visit www.buysellatimeshare.com for more information about timeshares.. Also published at Fancy Getting A Timeshare Exchange? Find Out How Here..
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