If you own a timeshare, you do not have to go only to your specific unit every year, year after year. You can participate in a timeshare exchange and trading week with an owner of another timeshare at another resort. This opens up a world of possibilities. An exchange allows a timeshare or vacation plan owner to trade units for a desired time with another owner who has a similar unit at an affiliated resort within the system.

Here is one way a time share exchange works: A resort developer has a relationship with an exchange company, which manages the service for the owners of the resort. Owners automatically become members of the exchange system when they buy their timeshare or vacation plan. At most resorts, the developer typically pays for each new member the first year of membership in the exchange, but members pay the exchange company directly for each subsequent year after that.

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Greg Roy is a widely recognized construction and real estate expert who specializes in environmentally friendly homes. To learn more about Time Shares, please visit his website at http://timeshare-s.com.

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