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Direct Exchange Advice Needed

SOS8260456

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Possibly doing a direct exchange with another member, any thing we should be aware? should we use a contract? If so, does anyone have a sample one they could share?

This will be my first so any advice/thoughts are appreciated.

Thanks.
 

DeniseM

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A contract is useful for agreeing to the terms, but so is a simple email stating the terms, that you both agree to.

I have done a few private trades with other Tuggers, and because we were both comfortable, we just chatted by pm and email, and then swapped confirmations. If you are comfortable with the person and the deal, then you probably don't need a contract. If you aren't comfortable with it, I wouldn't do it with or without a contract.

I'd use the some of the same strategies to verify a private trade, that you would for a private rental - http://www.tugbbs.com/forums/showthread.php?t=109479

If the person is a regular on TUG, I would feel pretty secure. I mean, what is their motivation for doing something fraudulent and ruining their reputation?

Good luck!
 

heathpack

TUG Review Crew: Veteran
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Disney’s Grand Californian and Hilton Head Island
Marriott Barony Beach and Mountainside
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The only suggestion that I would make is that you take the time to summarize your understanding of the agreement before you actually act irrevocably. For example, I completed a private trade with another TUGger. The terms were as follows:

1. He provides me 4 nights in a 1BR unit at HGVC's KingsLand in Jan 2012
2. I provide him 7 nights in a Hyatt studio Jan or Feb 2013, first choice Aspen, 2nd choice Beaver Creek
3. If for some reason, I cannot secure his reservation, I pay him $X cash

We wrote this terms down in an email and we both have copies of it. So far I've done 3 TUG trades, they have all gone very smoothly.

H
 

Sheera

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I'm wondering, too.

I would also like to exchange with TUGgers, specifically to get HRA. I own HGVC at International Dr. So if I can get a reservation at HHV for the late June/early July week that I want at HRA should I be able to make an even trade or is HRA worth more than my HGVC even if I get HHV rather than my not so desirable home resort? Thanks much for any input.
 

heathpack

TUG Review Crew: Veteran
TUG Member
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Location
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Resorts Owned
Hyatt High Sierra and Highland Inn
Disney’s Grand Californian and Hilton Head Island
Marriott Barony Beach and Mountainside
MVC Points
Sheraton Broadway Plantation
I would also like to exchange with TUGgers, specifically to get HRA. I own HGVC at International Dr. So if I can get a reservation at HHV for the late June/early July week that I want at HRA should I be able to make an even trade or is HRA worth more than my HGVC even if I get HHV rather than my not so desirable home resort? Thanks much for any input.

I think beauty is in the eye of the beholder, it depends what your exchanger wants. However, to my mind, the HGVC Hawaii units are the pick of the Hilton litter. Personally, I would offer a reservation at a Hilton resort up to "x" number of points. I'd give people a little bit of an idea what "x" points would get- ie a 1BR at Kings Land or a 2BR at HHV, etc. I would not book the week in advance, I would let your exchanger pick their week.

H
 

DeniseM

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I would also like to exchange with TUGgers, specifically to get HRA. I own HGVC at International Dr. So if I can get a reservation at HHV for the late June/early July week that I want at HRA should I be able to make an even trade or is HRA worth more than my HGVC even if I get HHV rather than my not so desirable home resort? Thanks much for any input.

There is far more demand than supply for Harborside, and Harborside owners can already trade into the Westins in Hawaii, so I don't think you are going to find any takers for this trade. You would be better off renting the best week you can reserve, and then applying the funds to a Harborside rental.
 
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