fixed week vs float week

[stein97]

First I want to thank the TUG community for all your help, I know I have been posting a lot.

My wife and I are in the final decision process of buying at Harborside. Of course as we are ready to buy she asked why would buy fixed week vs float week.

My thought process is next 7 years my kids spring break is on week 12.

So If I buy a deeded fix week “12”, and decide in a few years to go on week 17, can I give up my week 12 and select 17. I realize that week 17 needs to be available and there is a timing aspect to this.

Is there process for this, like surrendering my week and use my staroptions? Or is the some type of internal process to do this?


Thanks again.

 

[stein97]

While enjoying my coffee and searching this wonderful resource call TUG BBS i found this:

• Receive the same number of annual SO: 148,100

• Purchasing a specified week (e.g., week #1) you are absolutely guaranteed to get that week at your home resort every year if you want it and you will be able to confirm the reservation 12 months in advance with no competition from other owners. Could you confirm it anytime within the home resort preference period (e.g., 8.5 months in advance) and still be guaranteed your week or do you have to claim it exactly 12 months and one day in advance otherwise other PlatPlus owners at that resort could claim it?

• Purchasing a fixed week does not bind you to using that week at your home resort, you could trade it for SO and look to use them 8 months in advance, however, this likely would rule getting a peak travel week

• If you buy a float week when does the reservation window open at your home resort? 12 months (because it is your home resort) or 8 months (because it is a float week) in advance?

• If 8 months in advance you're not getting a peak week.

• If 12 months in advance, you would still be "competing" with other home resort owners for peak weeks, right? Obviously you would have a better chance at getting a peak week than waiting 8 months prior but it would not be guaranteed, correct? How likely is it?

• If competing with other home resort owners is all inventory available or only villas not owned by fixed week owners? What percentage of villas are owned by fixed week owners during peak weeks?

• Maybe another way of asking . . . is it true that if you don't own a fixed peak week, you are not likely to get a peak week, even at your home resort?

Does this hold true for Harborside, quote was for WKV.

thanks

 

[tomandrobin]

Harborside weeks book up fast during peak times.....winter thru August. I would doubt very much that if you did not lock up your phase 1 week and tried to float within the season, that you will be successful. Then you will have to compete at the 8 month booking window with all the other VSE owners looking to exchange into the resort. We own a float week in phase 2 and there have been several times, exactly at 12 months out not being able to get the week we wanted.

 

[bogey21]

Both Fixed and Floating have their benefits and detriments thus what you want to own should be based on your personal travel plans both short term and long term. Having said this my personal preference was to own Fixed Week/Fixed Units. I owned six at one time and found that knowing exactly where my Weeks fell in the calendar enabled me to plan ahead and save money on travel. Having Fixed Units was important to me as three of my Weeks were oceanfront.

George