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Honoring Direct Exchange Commitments

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  • #16
    I believe a deal is a deal.
    I also think no matter who you are renting from, to, or direct exchanging with, that a contract of some sort is in order even for people who you "know" from the boards or have met in person.

    For one thing, it should clearly spell out each side's expectations and leave no room for misunderstandings.
    For another, in the event of anything happening to you or the other person, the intentions are spelled out and it would make things easier to honor than a verbal agreement.(All that said, I think a deal (verbal) is a deal .)

    Knowing some background here, if the other side can't get you what you want -- what you specifically said you wanted and thought you were going to get ---- is it still incumbent on you to honor your end of the deal??

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    • #17
      Originally posted by IreneLF View Post
      I believe a deal is a deal.
      I also think no matter who you are renting from, to, or direct exchanging with, that a contract of some sort is in order even for people who you "know" from the boards or have met in person.

      For one thing, it should clearly spell out each side's expectations and leave no room for misunderstandings.
      For another, in the event of anything happening to you or the other person, the intentions are spelled out and it would make things easier to honor than a verbal agreement.(All that said, I think a deal (verbal) is a deal .)

      Knowing some background here, if the other side can't get you what you want -- what you specifically said you wanted and thought you were going to get ---- is it still incumbent on you to honor your end of the deal??
      I don't think you would do the exchange if you weren't getting what you wanted. Direct exchange is totally voluntary, if both parties are not satisfied with what is being offered to exchange then there is no deal. That's the beauty of it. No exchange fees, both parties get what they requested and go where they want to go.

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      • #18
        A deal is a deal!

        Originally posted by lawren2
        A commitment is a commitment. In writing, verbally, a handshake. There are NO gray areas.

        If I had made an agreement that I eventually could not fulfill physically I would still expect to make that person whole on my side, either with what was originally promised and agreed to or monetarily.

        JMHO
        I'm inclined to side with this way of thinking. Certainly at times things just come up and changes have to be made, but unless a circumstance is extraordinary, I just cannot imagine changing the deal because of a change of mind.

        I am involved in a direct exchange with another TS4MS member. Our respectivie vacations are next year, neither has been booked yet, but we have target dates. We are in regular contact and have become regular corresponders, which has been a lovely added benefit (thanks, Merilyn!).

        If both parties are committed and sincere in their efforts, I think this can be a wonderful win-win for both parties.

        HLIW
        HLIW
        "I'm not afraid of storms, for I'm learning how to sail my ship." Louisa May Alcott

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        • #19
          I absolutely agree that a deal is a deal.

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          • #20
            A deal is a deal- but writing it down makes it clearer.

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            • #21
              Originally posted by tonyg
              A deal is a deal- but writing it down makes it clearer.
              Yup .....
              Pat
              *** My Website ***

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              • #22
                Originally posted by tonyg
                A deal is a deal- but writing it down makes it clearer.
                I agree. Actually, I've only done a direct exchange once -- a woman on the DISBoards had a DVC reservation that was too late for her to cancel with a severe penalty. I wanted those dates and they were all booked up, so I took her reservation, and in exchange I transferred an equal number of my DVC points to her DVC account. We did in fact sign a contract, although in retrospect, I don't think it was necessary.

                If you have made an agreement, I would consider it unfair to just change your mind. I think if something major came up -- say, you lost your job and your new job wouldn't give you time off -- it would be OK to ask your exchange partner IF it would be a problem for them to change the arrangement, with the understanding that you would make good on the agreement unless they were able to change things without serious inconvenience to them.

                Where are people finding their direct exchanges? I've always found the TUG direct exchange boards hard to use.

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                • #23
                  Originally posted by JudyS View Post
                  Where are people finding their direct exchanges? I've always found the TUG direct exchange boards hard to use.
                  Found it right here!
                  HLIW
                  "I'm not afraid of storms, for I'm learning how to sail my ship." Louisa May Alcott

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                  • #24
                    In my case, I had posted a question about the availablility of 2 BR units in Sedona. I got responses from 3 people suggesting an exchange. Jeri was the first to reply and I had a unit she was willing to exchange for. The communication was open and honest so I felt it was a great deal for both of us.

                    Sue

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                    • #25
                      Thanks, Sue & Heather. Heather, did you find your exchange in the classifieds here, or somewhere else?

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                      • #26
                        Originally posted by falmouth3 View Post
                        In my case, I had posted a question about the availablility of 2 BR units in Sedona. I got responses from 3 people suggesting an exchange. Jeri was the first to reply and I had a unit she was willing to exchange for. The communication was open and honest so I felt it was a great deal for both of us.

                        Sue
                        Originally posted by JudyS View Post
                        Thanks, Sue & Heather. Heather, did you find your exchange in the classifieds here, or somewhere else?
                        Similar to Sue - The person I am working with saw that I was interested in DVC and she was interested in Myrtle Beach..... She owns at DVC, I own at MB. There has been great communication and I am confident this will work out well for both of us.

                        HLIW
                        HLIW
                        "I'm not afraid of storms, for I'm learning how to sail my ship." Louisa May Alcott

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                        • #27
                          Originally posted by 3kids4me
                          I'd like to get some opinions on direct exchange commitments. Usually they aren't in writing and there is no "contract", so I'm curious as to what folks think about someone backing out of one after two people have already agreed to make the exchange. Do you think the commitment should be binding? Do you think it depends on how far out the exchange is? Does it make a different whether someone got a particular week that another wanted, versus that they already had a week and didn't have to jump through any special hoops to get it?

                          What do you think is ethical when making a direct exchange?
                          I agree, a deal is a deal. I've made a couple direct exchanges. A winter week panhandle of Florida for a summer week at the other guys B&B on the coast in Maine, went well, no 'contract.' Have another ongoing now, a summer week in Williamsburg for a week of my choice at their vacation home on the coast of Oregon.

                          I am always open to different Direct Exchanges but cash usually is the best direct exchange.
                          ... not enough time for all the timeshares ®

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