Index
Membership Levels
Timeshare-Options.com offers three levels of membership; Occasional
Members, Regular Members and Charter Members. Occasional
Members is intended
for owners who feel they are unlikely to make frequent exchanges,
but still wish to enjoy the many benefits of membership.
All new members
join as Occasional Members. Thereafter they are able
to upgrade to Regular Membership by logging into the main site.
Charter Membership is not generally available but is offered to Regular Members from time to time in conjunction
with promotions offered by a Resort. Any member who owns at that
Resort will be eligible for an upgrade and will be advised of
this when they log-in to the main site.
Each level of membership is equal with the others in terms of access to exchange facilities and the priority with which transactions are processed. They differ only with respect to the fees charged for transactions; the exchange fee that members incur only when they complete an exchange or
some other transaction:
Occasional Members will
pay no registration fee but the exchange fee will be charged
at US$110.00 (£65.00/€110.00).
Regular Members will pay
a registration fee of US$50.00 (£30.00/€50.00) which
will be charged when they upgrade from Occasional Membership
and thereafter an exchange fee of US$75.00 (£45.00/€75.00).
We will continue to offer the opportunity for a free upgrade
to the first 100 owners to register from any particular resort.
The system will advise qualifying members of this when they log-in
to the main site.
Charter Members pay an exchange
fee of US$50.00 (£30.00/€50.00).
There are no charges for
offering vacations or placing vacation requests on the exchange;
the applicable fee is payable only when an exchange is completed. There are no Annual Membership Renewal Fees.
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Conditional Offers
Timeshare-Options.com's Conditional Offer is unique within the world of timeshare exchange.
With our more conventional facilities, our users are able to:
Place a vacation on "Offer";
this makes the vacation available to other members and they can
exchange into it irrespective of any other vacation that the
owner making the offer may be able to secure.
Place a "Call"
(a request for a specified vacation) on the exchange and so maximise
the likelihood of securing a matching vacation.
Execute a "Swap":
the member first locates a vacation that they would like to secure
and only then places their own vacation on offer, so creating
the trading credits they need to acquire the vacation.
The Conditional Offer is similar
to a combination of the first two above. Within it, the member's
offer to trade is made conditional upon another member being able
to provide a vacation that satisfies one of any number of vacation
criteria that he or she has defined.
Members wishing to place
their vacation on offer have a choice. They can opt for the
straightforward "Offer" which provides the opportunity
to maximise trading value or they can use the new "Conditional
Offer" system. In the latter case, they will be asked to
define at least one request for a vacation that they wish to secure
in exchange.
Vacations placed on conditional
offer are not generally available and cannot be taken by another
member unless he or she has a vacation that the original member
agrees to take in exchange.
The vacation requests associated
with conditional offers can then be searched by members who are
looking for an exchange. Those that find a request that their
own vacation seems to satisfy can view the details. If they like
what they see, they can bid for a trade. Any bids are presented
to the original member who can accept or decline them as they
wish. The exchange is completed only when a bid is accepted
In addition, members can now search any bids outstanding against conditional offers that they have made or bids that they have made against the conditional offers of other members.
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Calls and Resort Facilities
Timeshare Options
offers a set of functionality for resort operators
(developers, member committees and management companies) that
register with the exchange. Details of these facilities are available
from the company's resort operators web site but, in brief, they
provide for an operator to act as a broker on the exchange and
execute transactions on behalf of its resort members. They also
give the operator greater control over how any vacation inventory
that it has registered with the exchange is used.
These facilities
have particular impact on normal exchange Members in the context
of Calls (vacation requests). Resort operators can inspect Calls placed against their resort or like resorts within
the same town or vacation area and they may choose to release
previously reserved inventory to meet some or all of said Calls.
Members incur
no charges when placing a Call and are encouraged to place them
whenever they identify a resort they would like to visit. Such
may well stimulate the operator concerned into making any suitable,
and previously reserved, accommodation available.
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Promotional Vacations
From time to time, resort operators who are registered with Timeshare Options can offer promotional vacations on the company's exchange web site.
These vacations are offered
by the resort operators as a way of promoting their resort and normally
require the customer to qualify with a few simple criteria. Typically,
these vacations are available to married home owners between the
ages 25 and 65 with joint incomes in excess of £25,000 p.a.
The customer is obliged to attend a presentation of the resort
and its facilities but is under no obligation to make any further
purchase of any kind.
Promotional vacations are
available to both registered members of timeshare-options.com
and the general public.
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