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Need Help Understanding Interval Deposit

juice920

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Ok, can someone please help me understand how certain Interval exchanges work. Here's where I am a little confused. My brother has a 2br Yellow week at Williamsburg Plantation. Two years in a row he deposited that week instead of trying a direct exchange. Both of those years he was able to pick up a Red week at Oyster Bay Beach Club, a Five Star resort on St. Maarten. I would assume that demand for a high quality resort on St. Maarten would be high so why does Interval allow him the option of picking up that week? Does that somehow imply that if someone is willing to just deposit a week and pick up whatever comes along it might make sense to get a real cheap week since good trades seem to come up in return? Or am I just missing something? Thanks for your help.
 

lolalovestravel

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juice920 said:
Two years in a row he deposited that week instead of trying a direct exchange. .

I deposited my 2BR lockout/off in II (deposited as two 1BR units) and I can check to exchange those weeks on a daily basis to get an alternate timeshare. I see great locations..BR at that... is this what you are referring to above?

Thanks....I am new at this.

Lola :p
 
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juice920

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lolalovestravel said:
I deposited my 2BR lockout/off in II and I can check to exchange those weeks on a daily basis to get an alternate timeshare. I see great locations..BR at that... is this what you are referring to above?

Thanks....I am new at this.

Lola :p

That is the process I am referring to. I too am new at this, hence my confusion. :)

When you say you see great locations in return do you mean that you feel you are seeing available exchanges that are harder to get than the week you deposited (higher demand location, higher demand week, etc.)?
 

lolalovestravel

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juice920 said:
That is the process I am referring to. I too am new at this, hence my confusion. :)

When you say you see great locations in return do you mean that you feel you are seeing available exchanges that are harder to get than the week you deposited (higher demand location, higher demand week, etc.)?


First off I am not aware of any other way to exhange my units...if you can explain the other method I would appreciate it.

Yes, I do think that I am seeing exchanges that are of good value. I see many 2BR units and that is a free upgrade. I see Hawaii from time to time (1br units). It depends a lot on the date I am looking for.

Lola :p
 

juice920

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lolalovestravel said:
First off I am not aware of any other way to exhange my units...if you can explain the other method I would appreciate it.

Yes, I do think that I am seeing exchanges that are of good value. I see many 2BR units and that is a free upgrade. I see Hawaii from time to time (1br units). It depends a lot on the date I am looking for.

Lola :p

I'm probably not the best person to explain since I am not yet a timeshare owner nor an II member. But from what I have read the other process with II is to do a search for an exchange (before depositing your week). If/when you find an exchange you like (with II filtering results to create equitable exchanges) you then have the option of accepting the exchange and giving up your week. This process seems best if you are trying to get to a specific region, resort, time, etc. because you get to set your parameters.

The question I'm hoping an experienced II member can answer is to what degree does II ensure that exchanges are equitable when you are banking your week first and then searching for available weeks? What I have heard seems to imply that you could get very good trades from a low demand timeshare if you are willing to accept the variable nature of that type of exchange.
 

lolalovestravel

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I check on a daily basis and look at what is available for exchange for my remaining banked week. (I already exchanged 1 of my two weeks (..twice..). See the post on the Good and Bad of it....that's me too. I find that the availibitily for a specific destination varies daily and certainly varies by the season. I can't imagine that the best approach is to take the exchange on the day you bank the week(s). Why not bank them and keep an eye on the options for exchange or even set up a request for exchange on a property that is not available now but might become available in the future. :p

Lola
 

Bill4728

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The question I'm hoping an experienced II member can answer is to what degree does II ensure that exchanges are equitable when you are banking your week first and then searching for available weeks? What I have heard seems to imply that you could get very good trades from a low demand timeshare if you are willing to accept the variable nature of that type of exchange.

If you are willing to do the search yourself (not a ongoing computer search) you can often find great exchanges. The searchs are screened by the computer so as not to show you exchanges which II feels are too good for your deposit. So you can't trade a 1 bed green week for a 2 bd red 5* because the computer will not show it to you, even if it is available to others with a better week deposited.

If you have a very good week, II often shows you all the TS available. This means that you could trade to a less desireable week than the one you deposited. With a very good week , an ongoing computer search is the best way to ensure you get the best value for your week.

Hope that helps
 
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