TS Today - Creating a Vision for the Future of Vacation Ownership Issue #96 Nov/Dec, 2007 | Page 32

TimeSharing Today

Page 34

Nov/Dec, 2007

EXCHANGE PLACE
Editor’s note: The experiences of
owners on their exchanges is reflected in
various articles and resort reviews
throughout the magazine. However, many
owners are frustrated in trying to have
their exchange requests fulfilled, as indicated in the following letters..
****
We are subscribers to your magazine
and enjoy it very much. It is interesting to
read that other timeshare owners are experiencing the same problems as, it seems,
every other timeshare owner is — that is,
the incapability of exchange. We believe
the problem is that the timeshare operators and management companies have
changed the rules as they went along, and
they do not favor the owners.
We purchased our first timeshare
about 20 years ago for a very minimal fee,
since it was a “re-purchase” and it also

was not deeded. We have used that timeshare almost every year, exchanged two
years of it for two weeks in Hawaii and
gotten more enjoyment from it than any
other timeshare we own (which now total
3 - the other two being deeded.) The first
one expired several years ago and we purchased another private re-sale timeshare
in the same place for 7 more years, again
at a nominal purchase price. Even the annual maintenance fee is extremely reasonable.
The problem is that we, the owners,
are no longer getting what we were promised at the time of our purchase because,
somehow, the rules have been changed in
the middle of the game. When we purc