A common misconception about shared ownership is that you have to return to the same place every year, but why do that when you can take a fractional ownership or timeshare exchange to outstanding destinations?
There are many ways to undertake a fractional ownership or timeshare exchange – you could use the well-established companies like RCI and its luxury fractional arm The Registry Collection, Interval International and their fractional network Preferred Residences, Dial An Exchange newer companies like FractionalExchange.com and one-two-one networks like RedWeek and Timeshare Juice allowing you to swap your timeshare with other owners direct.
Using these networks it is possible to trade your timeshare or fractional stay for one of thousands more – for example RCI has more than 4,000 affiliated resorts and Interval International, more than 2,500.
To action a fractional or timeshare exchange with the larger providers, it is necessary to deposit or ‘bank’ your owned week with them before selecting your preferred holiday.
The larger networks generally allocate a trading power to each week’s use period to ensure the system is fair and equitable. Trading power is a value fundamentally based on the supply and demand of the week in question and is therefore defined by several criteria including seasonality of both the resort and the week, size of the unit or accommodation, location and, importantly, early deposit of the week.
Trading power and resort availability is dynamic, changing with each and every deposit and reservation so, if you don’t get the swap you want immediately, it is advisable to look again over a period of a week or so – or use their reservation systems. The earlier you deposit your week, the better the system works as there are a greater number and variety of resort weeks and accommodation in the pool from which to choose.
Planning ahead, flexibility with dates and, sometimes location, will ensure you get into one of thousands of incredible resorts and exciting destinations.
Membership benefits are another perk of joining one of the fractional and timeshare exchange companies, such as great value holidays at discounted prices offered to members, generally without the need to deposit a week or use points. These cash holidays can be tagged onto exchange holidays to extend them or to accommodate larger parties, or simply to be used as an extra getaway break.
Read more about the benefits of timeshare exchange and RCI membership.
Category: Timeshare and fractional guides