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  #1  
Old 11-22-2006, 06:01 AM
bob39 bob39 is offline
Junior Member
 
Join Date: Nov 2006
Posts: 1
New member here

Just want to say hi. Currently do not own a time share but may consider in the future. Over the years the wife and I have taken some time share sales tours and always came away with the same feeling that this was not for us. The ones we looked at you had to pick a week now I see there is something called floating and also you can pick a season or a block of weeks that your week can be used. So it seems that there have been some changes. What does floating mean? Does that mean that I am buying a week that can be used at anytime during the year as long as I make my reservation before the resort is fully booked? If I own a timeshare at one location but want to vacation somewhere else this year how easy is it to trade?
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  #2  
Old 11-27-2006, 12:19 PM
GateKeeper GateKeeper is offline
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Join Date: Mar 2005
Posts: 174
Welcome Bob39

You sound quite well informed about timeshare. The flexibility of certain packages has increased in a lot of cases where resorts are part of a larger collection and your interest can be shifted from one resort to another as resources permit, and your particular package allows.
A float week is just that, it can happen during a particular block of time during the year. Price usually dictates which weeks will be apart of your allowed block or blocks of time, the more you pay for your timeshare, the more aligned your block(s) is to key vacation periods for that area. A "red" "float" week in Tahoe, for instance, would cost a lot more than a "white" "float" week there when there's no snow on the ground, but still a beautiful place to visit.
As for trading your week, there are a number of exchange companies that, for a fee, allow you to participate in a trading program. Based on the "value" of your timeshare, you can "bank" your week with one of these exchange companies and then choose from available slots that others have also banked. There are fees and other considerations that you need to understand before basing your decision to exchange your week, but for th most part it is a fairly straight forward process.
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Happy Trails,
-GateKeeper

...Have you seen our new Timeshare Auctions section? Place a fixed price ad or allow bidding, it's the owner's choice!
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  #3  
Old 01-15-2007, 08:46 AM
jade jade is offline
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Join Date: Jan 2007
Posts: 1
I know how junior feels: we looked at various options for years, but didn't want to be locked into any particular place. We finally bought at an RCI Points resort about 4 years ago and can say that it's really worked for us! While we bought in Florida, our points have allowed us to trade for a vacations in Colorado, then Arizona, then New Orleans, Galveston, Texas...Memphis coming up this spring...in fact, we haven't even been back to our 'home' resort since we bought it!
We hope to trade for something in Europe in the war-free future
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