Timeshare Vacations Rentals Exchange Help Selling Timeshares

1. Direct Exchange

The most basic, and cost-effective, way of exchanging timeshare is owner to owner. This requires finding another timeshare owner willing to exchange their week for yours.  Once an agreement has been made between both parties, you would each notify the resort and obtain a guest pass for the party staying in the timeshare during your scheduled week.  The best ways to find parties interested in direct timeshare exchanges is by using websites like Craigslist, Timex and Timeshare Forums, or using your own personal social networks.

Some resorts offer an exchange program within their particular group of resorts.  There are a number of smaller, independent resorts that take part in this type of program, although it is not always advertised.  Many timeshare management companies will offer this benefit as part of there management services in order to avoid a high turnover rate within their resort.  The fees associated with this type of exchange are usually minimal because you are staying within a select group of accommodations, and tend to cost less than a timeshare exchange company’s fees.

3. Timeshare Exchange Company

Timeshare exchange companies allow you to “bank” your week with them, and in exchange you get to choose from their inventory of weeks that other timeshare owners have banked.  You also have the opportunity to use points within this system, being able to stay at certain locations based on the amount of points you own.  Also, outside resorts will bank there unsold timeshare weeks with exchange companies to increase their 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.

There are people who make a sport of attending timeshare presentations just for the freebies offered.  I am not going to condone or disapprove of this behavior, my role is simply that of an informer – letting the public know the ins and outs of a timeshare presentation.  Now for the gifts… Depending on what resort you visit, you can walk away with a free weekend stay, television, show tickets, or some extra cash in your pocket. As you can see, gifts range from the mediocre to the extreme, all offered as a way to lure potential buyers into sitting through a presentation. Timeshare salespeople know that once they have you through the door, they have your attention.  They also know that many consumers are simply not prepared for the types of sales tactics that will be employed, which translates into sales and commission for the salesperson.
Read the rest of this entry »

One way to get the most out of your timeshare is to take advantage of the many special offers your time share exchange company makes available to owners. A great way to get the most for your money is to utilize your exchange group’s available last-minute trip deals. The downside to these deals is that travel can not usually be booked more than a month or two in advance, but the upside is that you will stay in gold star resorts, in amazing locations, for a fraction of the regular cost. Interested in making your timeshare work for you? See the checklist below for more information on booking RCI Escapes.
Read the rest of this entry »

Founded in 1974, RCI has been a pioneer of the concept of timeshare exchange vacations. RCI has more than three million members worldwide, who enjoy vacations at RCI’s over 3,700 affiliated resorts. R.C.I. time share owners and resorts are a unique community of travel enthusiasts that value timesharing as a great way to get their money’s worth while traveling. RCI members benefit from the knowledge, experience and resources of RCI’s Guides, who provide assistance in the planning of exchange vacations. RCI provides the opportunity for exchange vacations, which allow members to discover new places and enjoy the freedom of resort vacationing all over the world. RCI is considered within the timeshare industry as the global leader in vacation exchange.
Read the rest of this entry »

Whether you are facing timeshare foreclosure, or are looking for a way to get rid of an unwanted time share, a deed in-lieu of foreclosure can be a great option to get rid of your timeshare obligation. It is important to note that a deed in lieu of can usually only be (easily) obtained by an owner that has already paid off the principal balance of the property, whose only remaining financial obligations are yearly/monthly maintenance fees. If you still owe money on the property, in addition to maintenance fees, you will want to discuss a deed in lieu of foreclosure with your lender – their willingness to allow you to sign the deed instead of foreclosing depends on a variety of factors including the amount owed, frequency of delinquent payments, your personal situation and resort desirability. If the deed in lieu of foreclosure is accepted and executed in this case, the former owner may be responsible for any applicable legal fees and/or amount owed different than what the property was resold for; although I have found that many timeshare resort property owners do not take this extra legal step, as it involves a series of court orders and legal fees for their company.
Read the rest of this entry »