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What is Timeshare Exchange?
One of the perks of timeshare ownership is being able to exchange your timeshare and enjoy new travel opportunities. Timeshare exchange is the ability to trade your timeshare week for a vacation at another vacation ownership property. This can be done as an internal timeshare exchange through your vacation club or brand. Or, it can be done as an external timeshare exchange, through popular timeshare exchange companies.
Interested in learning more about timeshare vacation exchange and how it can benefit your vacation ownership experience? Complete the form on the right side of the page to get in touch with one of our independent knowledgeable exchange experts or dial 1 (469) 663 4706 to speak with us right now.
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How to Exchange Your Timeshare
Whether you’re using internal timeshare exchange or external timeshare exchange, the process and the steps are similar.
If you have a week, fixed or floating, you deposit it with your vacation club or timeshare exchange company of choice. You then are able to reserve a week at a similar quality or lesser quality resort through this timeshare trade.
Timeshare vacation exchange with points is slightly different, because you can utilize your points like currency to book your vacation internally or externally. The more points you own, the more flexibility you have as to where you go and what size unit you can book. Some exchange companies require you to deposit your points first before reserving so that they can be converted to the correct exchange point ratio.
Internal Timeshare Exchange
Internal exchange happens within your ownership brand or vacation club. Exchange can be free, or there can be a nominal fee depending on the club or the type of exchange you want to make.
Some of the most notable vacation ownership brands that feature internal exchange opportunities include:
- Marriott Vacation Club.
- Club Wyndham.
- Hilton Grand Vacations Club.
- Diamond Resorts.
While internal exchange can be more limited (you can only choose from the resort portfolio at the brand you own), you can rest assured that you will be getting the same quality standards you are used to at your home resort.
External Timeshare Exchange
External timeshare exchange happens with the assistance of external exchange companies such as RCI and Interval International. To be able to externally exchange your timeshare, you must own at a resort affiliated with an external exchange company. If you do, you pay an annual membership fee to reap the benefits of the company’s exchange offerings.
With external exchange, the world is your oyster. External exchange companies feature thousands of resorts in destinations all over the world, giving you virtually endless travel and vacation opportunities to choose from.
This exchange process is considered “external” because an outside company is involved with handling the exchange. These companies do not manage or own resorts, but rather affiliate themselves with the top-rated vacation ownership properties of their choice.
Copyright 2017 © Michael Morgan and Associates – All Rights Reserved. This website, or any portion of content contained therein, may not be reproduced or used in any manner whatsoever without the express written permission of the Michael Morgan and Associates. Disclaimers: A number of references are made in this website to specific timeshare developers. All such references in context constitute our opinion with respect to the merits of a particular product or service offered by the developer so referenced. Previous success in a given case or cases does not guarantee favorable results in any other case or cases. This information is for guidance only. Nothing within this website constitutes legal advice.