Thursday, May 5, 2011

Fancy Getting A Timeshare Exchange? Find Out How Here.

By Morris Ventress


Owning a static worldwide timeshare is not your only choice. If you would like to vary your destination then you should consider a timeshare exchange scheme. It is worth remembering that not all timeshare brokers will offer an exchange system so do remember to ask! It is also advisable to have a good look around all the companies, large and small and make sure you do sufficient 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 designated bracket, if you require something in a higher group, you may be able to upgrade on a temporary basis at an additional cost.

Typically, there are two distinctive 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 equivalent properties in a similar nearby week. The 2nd system is to purchase points that are exchanged for a week within a certain points bracket.

In a similar way to any holiday, 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, RCI (Resort Condominiums International), Interval 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!).

There are also some smaller individual timeshare exchange companies that are worthy of investigation. For example, Redweek is developing quickly, and now provide a points system. Another, Dial An Exchange, does not ask for any ongoing membership fee so is a quite attractive proposition. It simply makes money by asking for an exchange fee. Do some study yourself and you will find more, but remember to meticulously check any company before you commit your cash.




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