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During timeshare presentations, people are frequently told that it is possible to travel around the world when buying a timeshare.
Although this is not always a lie, the stark truth is that doing a timeshare trade is easier said than done. In fact, there are many timeshare owners who have never been able to achieve a timeshare exchange.
Learn more about timeshare trades and how they work.
Timeshare Trade
A timeshare trade is basically a one-time exchange for a different timeshare resort.
As with Real Estate; location is the key when it comes to timeshares, especially if you want to exchange your property without difficulties.
To do so, you need to own well-known timeshare companies, which must be located in a destiny that has a high year-round global demand, such as Cancun or Los Cabos.
Heads-up:
Lots of families buy timeshares with the expectation of traveling all over the world.
Unfortunately, a timeshare trade requires plenty of research into every possible exchange location before getting one done.
This process can be extremely difficult, and people give up on it.
Timeshare Exchange Companies
Timeshare Exchange Companies are Associations that specialize in doing timeshare trades.
These companies allow you to exchange your fractional ownership with other timeshare owners. The cost of being a member of a timeshare exchange company is about $100 per year.
A large network of resorts is affiliated with them, and one very important thing to find out before buying a timeshare, is if the resort is affiliated with an exchange company, and which one it is.
These companies offer unique benefits and services.
The two largest timeshare exchange companies are:
- RCI (Resort Condominiums International): This is the world's largest timeshare exchange company. It has over three million members around the world and close to 4000 affiliated resorts. It was founded in 1974.
- II (Interval International): It was founded in 1976, and is the second-largest timeshare exchange company in the world. It has around two million members, and over 2,500 resorts are affiliated with it
Types of Timeshare Trade
A timeshare trade can be done in different ways; these are the three ways to exchange your timeshare ownership:
- Direct exchange: This is the most basic way to do a timeshare exchange. A direct exchange is when you swap your property owner for another owner.
To do a direct exchange, you need to find someone who is willing to swap his week for yours. You can list your timeshare for exchange on several websites, such as RedWeek and TUGBBS.
- Exchange through the Resort: There are many timeshare resorts that have an exchange program, but most of them allow this only with their specific group of hotels, and they will probably charge a trading fee to do so.
- Exchange through a timeshare exchange company: To do an exchange through a timeshare exchange company, the resort must be affiliated with one of them, and you also need to pay for the membership fee.
This is probably the easiest way to do a trade, as these timeshare trade companies allow you to announce your week with them, and you can also choose from their inventory of weeks that other timeshare owners have listed.
Something to be aware of is that a timeshare trade costs money and time. Trading fees and membership fees are always involved, plus you’ll have to start the process a year earlier.
At Mexican Timeshare Solutions, we specialize in canceling timeshare contracts. Timeshare cancellation is the real solution and is the most effective and secure.
When properly canceling a timeshare, there are no further strings attached to the resort.
At MTS, our goal is to assist timeshare purchasers who feel they were scammed or taken advantage of by fraudulent salespeople and deceptive sales practices.
As specialists in the timeshare industry, we are committed to offering timeshare help in a fast, friendly and experienced service to clients.
Contact us today for a free consultation and get rid of your timeshare as soon as possible! You have nothing to lose, except your timeshare!
To receive more information about timeshare trade and how to cancel your timeshare, send a WhatsApp to +52 333 239 6589, fill out the contact form, or call us at +1 714 277 3662
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Timeshare scams: 8 common lies told at the sales presentation
yo creo que el mas rapido y mas confiable es el intercambio directo, asi nadie se mete en los asuntos de cada parte
My experience with RCI exchanges is always the same. Deposit a week, early or not, then try to find an exchange that is comparable to the week and unit I banked. In most cases, I am directed to an inferior exchange or to a location I do not want. RCI people try to get rid of weeks that are not desirable. My Gold Crown red week is not worth a comparable week in exchange unless it's in a country that is low demand and that I do not wish to visit.. Searching on the RCI web site is a waste of time since the true inventory of weeks is not shown.
Yo compré mi tiempo compartido con la esperanza de conocer otros lugares, tengo 4 años intentando un intercambio y aún NADA, sería una buena opción, si fuera posible.
It sounds like one good benefit of being a timeshare owner, and yes! who wouldnt love to travel around the world?
Timeshare user has the ability to trade hi timeshare week with another owner. You can enjoy 5,000 timeshare resorts worldwide. Therefore we can say that your vacation possibilities are almost limitles
doesn't work, its really hard to enjoy your timeshare weeks with other resorts and to have a standarized service on the resorts
no sabia que se podian hacer intercambios, yo queria visitar otros lugares y me gustaria aprovechar esa oportunidad de los tiempos compartidos, gracias por la informacion
Que gran oportunidad de conocer diferentes lugares, me pareció muy interesante su artículo!
A friend just finished his 20 year "contract" on a time share in Mexico -- he now has the right to pay a huge stipend or discontinue it.
He actually loved the place and used it every year, but he added up all his costs there over the years. When he divided it out by the 20 weeks he used it, he discovered that total weekly cost was more than double what he would have paid just renting a place in the same complex.
I honestly think they are best for people who can't figure out how to save up for an annual trip, don't want the "work" of researching or finding a place each year, or need the push of having a place they HAVE to go every year, otherwise they might end up doing nothing. The idea of using them for trade to other places seems silly to me, adding up the cost of the initial investment, the maintenance costs, then putting the exchange costs on top of it. What is the point?
The exchange cost money? something does not sound logical to me
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