Ways to Exchange Timeshare
1. Direct Exchange
The most basic way or exchanging your timeshare is through owner to owner. This requires finding another timeshare owner willing to exchange their week for yours. Each of you would notify the respected resort and notify them of the other owner using your week. A great way to find interested parties is to use sites like Craigslist, Timeshare Forums and Timex.
Some resorts offer and exchange program. If your resort is one it gives you the option to exchange your week for another week at a different location within the resorts group of resorts. Many timeshare management companies will offer this benefit as part of there management services.
3. Timeshare Exchange Company
Timeshare exchange companies allow you to “bank” your week with them in exchange you get to choose from there inventory of weeks that other timeshare owners have banked. Also resorts will bank there unsold timeshare weeks with Exchange companies to increase there inventory. Your week and room size will determine your trading power with the exchange company. The most popular exchange companies are II (Interval International, RCI (Resort Condominiums International), Marriott and Disney.
June 11th, 2008 at 4:06 pm
Getting an exchange is a good idea, but when you need to opt out it can be kind of tough sometimes. I’ve asked around at the timeshare consumer group, but I can’t decide whether or not to exchange or arrange some kind of title transfer. Does an exchange allow me to defer payments or is it just a transfer of time?
September 1st, 2008 at 4:59 pm
You can exchange your week not your payments.