Wednesday, December 5, 2007

TimeShare Tips

TIMESHARE FACTS
You may use your home resort each year, or you may use a different resort in a different location each year. Your choice - go to Disney World this summer, sky in Colorado next winter, see Italy the following spring, then walk on sandy beaches and enjoy the ocean in the fall. You will have this much versatility in your vacationing. One of the biggest misconceptions is that you have to go to use the same week or resort every year, YOU DO NOT. You can make your vacation plans each year according to your own schedule and desires.
HOW DO I DO THAT?
There are two major exchange companies, Resort Condominiums International (RCI); and Interval International (II). Both companies offer timeshare owners other resort opportunities worldwide. When you want to make an exchange, you simply call your exchange company, RCI or II, to deposit your timeshare week. Think of it like a bank. You make a deposit (give them your timeshare week this year) and then make a withdrawal (this is the part where you request another resort where you would like to vacation). This process occurs millions of times each year with other timeshare owners so you can see where their inventory comes from.
CAN I EXCHANGE FOR ANY WEEK?
IT DEPENDS. Exchange companies have certain parameters to ensure that the system is fair. If you own an off-season week somewhere, expect to exchange it for another off-season week. (Like for Like) The resorts color code each week so that it specifies which season it falls into. RCI uses red, white and blue, II uses red, yellow and green. A red week with either RCI or II designates a week that is in high demand. (Ex. Summer in Florida or Winter in Colorado). White or yellow weeks are in between; not prime season. This is generally spring and fall season. A blue, or green week is considered off-season. (Ex. summer in Colorado, winter in Texas)

No comments: