Friday, May 11, 2012

Have You Ever Thought About Timeshare Exchange? Find Out How Here.

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By Miles Vitnar


Should you ever have considered owning a timeshare, but were uncertain if you wanted to be limited to a single property and destination, then perhaps you should consider a timeshare exchange. If a timeshare exchange is what you want, remember that not all companies do this, so make sure to ask. Make sure you check out all the companies you are thinking of using, large and small, and make sure you do some suitable 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 need something in a higher group, you may be able to upgrade on a temporary basis at an additional cost.

Broadly, there are two distinctive systems you will come across. One system is based on your ownership of a timeshare in a static location and week and that can be exchanged for similar properties in a similar nearby week. The 2nd system is to buy points that are exchanged for a week within a certain points bracket.

You do need to plan forwards for a timeshare exchange, similar to planning a regular vacation; it takes a bit more work and forethought. Should the preferred location be unavailable in the selected week, you may lose out or can go on a waiting list for the really popular properties.

Companies that trade 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. 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 just 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.




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