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Timeshare Exchange Companies – What They Are and Why Should You Care

January 14, 2021 – by Primo Management Group

If you’ve never owned a timeshare or you’re a relatively new owner, you may not be aware that there are exchanges on which you can swap your timeshare with other owners.

It’s a fantastic asset to the timeshare community because it grants greater flexibility for owners whose priorities or financial situations change. 

For example, let’s say you own a one-bedroom timeshare that you purchased years ago.

Time has passed and now you have multiple children. You can still cram into the one-bedroom unit every year or every other year, but things are not all that comfortable.

Now you’re thinking about an upgrade, but your timeshare provider is being difficult, and you want to pay for two contracts. What can you do? 

With a timeshare exchange company, you can list your timeshare and swap it with someone else looking for a change.

In our pretend scenario, you could match up with a retired couple who now only travel as a couple instead of bringing along their kids and want to save money by downsizing the size of their unit.

These exchange companies specialize in matching timeshare owners who are looking for something different. This is all possible with the right exchange. 

Let’s take a look at what timeshare exchange companies are and why you should care no matter where you are in the timeshare ownership journey.

The Timeshare Exchange Basics

There are a lot of timeshare exchange companies. The two largest, however, are Interval International and RCI.

These are the largest databases of available timeshares, and over the years, these exchanges have built a reputation for having the most options and smoothest transactions.

You may be able to find success on some other timeshare exchange, but it’s almost like going car shopping at a small local dealer vs a national chain like CarMax. You may find what you’re looking for at the smaller operators, but odds are lower.

If you’re looking to swap your timeshare by either upgrading or downgrading, RCI and Interval International are your best bets.

They’ve refined the listing and search functions well enough that browsing is easy. Timeshare owners also have a range of different arrangements they can make with other owners. 

Trades and Swaps

Timeshare exchange companies have grown to offer a range of different options to owners.

Exchanges are a great place for people to look for different vacations if they feel a little burnt out from going to the same places every year.

Maybe an owner wasn’t able to get the exact dates of their scheduled vacation and want to see if they can trade with someone else for a unit on better dates. 

Temporary trades or one-time deals where timeshare owners trade dates or resorts are referred to as swaps.

These aren’t permanent changes in ownership, but a way to create added flexibility in what can be rigid contracts.

In a tight market, booking prime dates at the best resorts can be extremely competitive.

If you’ve missed that small window of booking, then you can look on exchanges for the dates you want. 

Let’s say that for the past four years you’ve gone to Hawaii every summer. Hawaii is tough to beat, but perhaps this year, for your anniversary, you want to take your special someone to Paris.

While it’s impossible with your current timeshare contract, odds are someone who’s got a place booked in Paris every year is dying for a chance to dive into the ocean off the coast of Hawaii.

With a bit of work and some negotiation, both of you can have the vacation of a lifetime. 

Timeshare owners love swaps. It’s a terrific way to gain access to more resorts without having to spend the extra cost of a premium timeshare every year.

It’s way better than jumping in and upgrading your current contract. That’s a quick way to find yourself overextended financially and with too many dates to use in a year.

We all know someone who has purchased a timeshare that they can’t take advantage of every year.

Swaps allow you to go to new destinations and check out different resorts before you decide to buy. You can dip a toe in first to see what you like. 

Permanent Ownership Changes

While every year thousands of timeshare owners enjoy the benefits of timeshare swaps, exchanges are also one of the best places to arrange for permanent changes in ownership.

This can be done either via trade or sale. Typically, trades are done between two different parties that own separate timeshares.

Sales are usually between a person who has a timeshare and someone who doesn’t want to buy one brand new. 

Before you jump onto the exchange looking to sell your timeshare or to buy one from someone else, you will need to know what it’s worth.

Here are some of the basic components of determining timeshare prices. 

Location – Where the timeshare is located matters a great deal. The same-sized unit on the beach in Hawaii is going to be a lot more expensive than a garden view unit in a small resort in Georgia.

The resorts you have access to, where the unit is located, and how far it is from popular tourist destinations, the beach, shopping, restaurants, and other attractions will affect its resale value. 

Unit Type – Bigger units are generally more expensive than smaller units. However, much like normal real estate, newer properties with nicer amenities, fixtures, and other finishes can command higher prices.

If you own a timeshare that gets you into the nicest resort in Tahiti, it will cost a pretty penny even if it’s a smaller unit.

The view and the configuration of your timeshare units will also impact the price. Things like ocean views come at a premium.

Season – Whether you have fixed dates or floating dates, annual or semi-annual bookings, and other stipulations will influence the value of a timeshare.

The more points you have and the greater flexibility built into a contract, the higher the price will be. 

Amenities – Premium buyers want access to premium amenities like pools, golf courses, spas, nice restaurants, and all of the other trappings of a high-end resort.

Basic timeshare contracts will bring basic prices, and the more amenities you have or are looking for, the more you can expect to pay. 

There are other considerations when calculating the value of a timeshare, however, these are the basic components that most buyers and sellers consider before selling or purchasing.

If you’re interested in getting a professional opinion on the value of your timeshare, there are appraisal companies that specialize in assigning a value to timeshares.

This will cost you money, but it will save you from listing your timeshare on an exchange at too low a price. 

Using a Timeshare Exchange

Most timeshare owners have heard a salesperson go on about how easy timeshares are to exchange or sell.

That’s not always the case. Before you jump on a timeshare exchange ready to spend or list your unit and dates, here’s what you need to know. 

First, timeshare exchanges cost money. Most charge a membership fee to gain access to listings and the ability to communicate with other owners.

You’ll need to pay this upfront to create a profile and arrange a swap or a sale. 

Second, there is some risk involved in using a timeshare exchange. While the larger exchanges go to lengths to ensure their members are protected and prevent scams, there are regular reports of people being taken advantage of.

If something looks too good to be true, it may be. Move slowly as you go through any transaction and ask for verification and pose questions about anything, you’re not sure of during the process. 

Be Flexible – Timeshare exchanges have benefitted owners overall. However, some owners get frustrated because they can’t find exactly what they want.

Most often, these are people who look at their timeshare as a financial asset and they are trying to maximize the value and squeeze every penny out of their contract.

That’s fine if you’re willing to put in the time researching available options and understand what your offering is worth.

However, most people find more satisfaction through using the exchanges to go places and experience things they wouldn’t have been able to otherwise. 

The Bottom Line

The largest timeshare exchange companies have millions of members worldwide and connections with thousands of resorts across the globe.

It adds flexibility to what is generally thought of as a rigid vacation system full of stories about people who wasted their bookings because they couldn’t make the dates work.

With exchanges, this is can be a thing of the past. 

If you’re interested in trying out new destinations, it may be worth just paying the exchange membership fee to see what’s out there.

In a matter of hours, you can have a firm grip on what range of unit, dates, and location you can get in a swap.

It’s a great way to break out of the routine and try something new.

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Get A Free Consultation

Relieve Yourself of the Unwanted Timeshare Burden

Your information is 100% secure and encrypted. We will never sell or share your information with anyone.

Frequently Asked Questions ?

How does PMG get me out of my timeshare contract?

PMG is not a resale, transfer, or donation company. We are consumer advocates—we help to negotiate the release of your timeshare contract obligation. We do not buy, sell, or rent your timeshare. Simply put, we help you to get out of your timeshare contract forever.

How long does the process usually take?

Usually less than 12 months, but it all depends on your situation. Let us help you. Speak to your advisor about the time, and what delays the resorts have put into place to prevent timeshare owners from departing their ownership. If you have a mortgage or past due maintenance fee, the process takes more time.

How much is my timeshare worth?

This is probably going to hurt, but whether you paid $5,000 or $50,000 for your timeshare, the IRS values all timeshares as worthless investments. In addition, that timeshare would have negative value due to the annual maintenance fee bill which compounds year after year. That is until PMG helps you cancel your timeshare.

Can I use your service if I still have a balance owed on my mortgage?

Yes. Whether you bought your timeshare 20 days ago or 20 years ago, PMG has a solution for you and is here to help.

Will my name be off the timeshare?

Yes! Permanently! GUARANTEED!

In addition to getting me out of my timeshare, can you recover the money I’ve already spent on mortgage payments and maintenance fees?

While we are able to recover money in rare cases, beware of any timeshare cancellation company that entices you with the promise of fund recovery. The truth is, the resorts are loath to give back the money they’ve already taken for timeshares.

Are your consumer advocates really “consumer advocates”, or is that just a fancy word for salesperson?

Because most of our clients have had their trust betrayed by timeshare salespeople, we understand how some consumers can become a bit jaded. When you call us for a consultation, that’s exactly what you get, a consultation. At PMG, our job is not to sell you; our job is to help you get out of your timeshare. Which is why we have numerous 5-star reviews and an “A” (excellent) rating from the BCA.

Why should I choose PMG to get me out of my timeshare?

We go above and beyond for our customers by helping to protect you, and have the best success rate in the industry, rated 5-stars by clients. We pride ourselves on providing our customers with the best customer service in the industry. When you contact our company, you speak to a live person, not an automated system or voicemail. We offer a 100% money back guarantee, and we can provide documented proof of our success in helping customers just like you.

What happens after I sign up with you? Will I be apprised of your progress?

At PMG, we pride ourselves on our hands-on, boutique-style customer service, so every new client will work with our expert, experienced team whose job is to keep you in the loop throughout the entire cancellation process. We are always just a phone call away.

How much is your fee?

Not all timeshare experiences are created equal. Some are more complicated than others, and every situation is different. That’s why our trained timeshare elimination consultants will ask you a series of questions designed to determine exactly what needs to be done to terminate your timeshare, how long it will take, and how they can best advocate for you. We will always seek the most cost-effective route for you.

What if I still have more questions?

Canceling a timeshare contract is not a cookie cutter process. With each situation being unique, once you complete the form below an experienced consumer advocate will call you today to discuss your options.