Timeshare Exchange
Timeshare Exchange

Timeshare exchange is one of the primary reasons of buying a timeshare for many people because this gives them the flexibility of exchanging their timeshares with other owners principally to visit a different tourist destination each year. Earlier timeshares were not exchangeable. Slowly and steadily things started changing. With the advent of technology and better management tools available today more and more timeshares have the inbuilt feature of timeshare exchange. Though not all timeshares may be exchangeable, it is better to enquire this before buying a timeshare. Most timeshare developers have tie-ups with timeshare exchange companies, so when you buy a timeshare you are automatically enrolled into timeshare exchange program. The fee for the first year is usually free but you may have to pay the fee from the second year.

A timeshare exchange gives the owner freedom to vacation at any time of the year unlike only at a specific time. Also it gives the freedom from going to the same unit every year. The way it works is the owner trades his/her unit with owners of different timeshare and different resort. But most of the times there is a requirement that the units should be similar means you can't trade one bedroom with a two bedroom unit and vice-versa.

A timeshare can not only avail the exchange service through the timeshare developer but can also go directly to a timeshare exchange company. But care should be taken to select a right exchange broker. Do your homework first by researching well about the background of the broker. The timeshare industry is not fully protected against non-scrupulous acts by scammers and frauds. Do not pay huge fees or sign any document unless making sure you are doing the right thing.

A timeshare exchange member usually deposits his/her timeshare unit into the inventory of the timeshare company's available weeks. It is not a simple transaction. If the week requested by an owner is in the inventory and the week offered by the owner is a good exchangeable week then the exchange takes place. It does not mean that the owner has to wait until the time the exchange company finds an exchange offer for your timeshare. They already decide it after reviewing the timeshare like what season timeshare it is? What location? Those who have timeshares in peak season have more chances of finding a timeshare and they can request exchange both in peak time and off peak time periods. The owners who have off peak timeshares usually get off timeshares, their chances of getting a peak season timeshare are almost zero. But this may vary from resort to resort. Some resorts may be busy all round the year. The owners in these kinds of resorts generally have no problems exchanging timeshares.

If a person cannot find an exchange the exchange company puts you in the waiting list and contacts you whenever an exchange is available and gives you the exchange unit. The owner can also chose in the beginning of the exchange request whether to approve the exchange confirmation at the approval of the owner at least a week before the confirmation or to go ahead and confirm the exchange without the approval. Again keep in mind good planning is necessary to initiate an exchange. If you decide to exchange a timeshare in the last minute, it may not be possible.

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Alternatives to Timeshare

Buying Guide for Timeshare Resale

Buying Timeshares on Auction Websites

Buying Timeshare Resale Vs Buying from Timeshare Resort

Checklist for buying Timeshares

Does it make sense to buy a vacation timeshare?

How to avoid a Timeshare Fraud

How to choose a right Timeshare Broker

Is it worth buying timeshares?

Know your Timeshare Rights

Orlando Timeshares

Pros and Cons of Timeshares

Renting a timeshare

Risks involved in buying Timeshares

Tax Information about Timeshares

Timeshare Exchange

Timeshare FAQs

Timeshare: Is it right for you?

Timeshare Presentations: How to survive?

Timeshare Selling Alternatives

Timeshare Tips for Buyers

Tips for Renting Your Timeshare

Tips on selling your Timeshare

Top Timeshare Travel Destinations

What is a Timeshare?


Disclaimer: The Publisher has strived to be as accurate and complete as possible in the creation of this website, notwithstanding the fact that he does not warrant or represent at any time that the contents within are accurate due to the rapidly changing nature of the Internet.

This site is a common sense guide to Timeshare Exchange. In practical advice websites, like anything else in life, there are no guarantees of income made. Readers are cautioned to reply on their own judgment about their individual circumstances to act accordingly.

This site is not intended for use as a source of legal, business, accounting or financial advice. All readers are advised to seek services of competent professionals in legal, business, accounting, and finance field.

Any perceived slights of specific people or organizations are unintentional.

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