what is better...fixed weeks or floating weeks?
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fixed vs. floating
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I guess it's all what you want. I have an Orlando week and I want Easter week each year. It is a floating holiday so a floater works really well for me. However, if you want to use the same week every year at your resort, then you want to have a fixed week so you don't need to get in the "cattle call" each year to fight for the week you want.
Sue
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Originally posted by dw24 View Postjya,
I am a newb. The point for each week. where do I find that?
Generally, there are some min point system, like Wyndham (Fairfield), Worldmark, Bluegreen, Disney, HGVC, Diamond, Shell, Royal Holiday and much more, each values their week differently.
Or you can just go to AAA, and pull their hotel rent rate, and study from their.
Jya-NingJya-Ning
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In a highly seasonal area - the majority of all timeshares - a fixed week or at least a float week that gives you rights to the highest demand times is the best choice. Anything else may be a good value to you to use but won't have much rental or trade value. In an area where the demand is virtually year round (none is ever completely year round) then a float week is our preference as we want to go different times on different years. In the seasonal areas we always want the same high demand time everyone else does so we go for fixed on those. Points are the ultimate equalizer as the number of points required will be highest in the most demanded times. So a good points resorts in a non-seasonal area is likely to get you a good high number for your annual fee - thus a good cost/benefit.
It's all what you want and how you'll use it.
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For my Orlando week, I can't call until exactly 1 year before the date I want to check in. I don't have to have my maintenance fees paid yet for the year I'm making a reservation for. I also have an every other year float in Sedona. For that one, I have to have my maintenance fees paid for the year I want and then I can make the reservation. I can make the reservation more than a year in advance.
Each resort probably has its own spin on the rules. Before you buy, you might want to check out the "system".
Sue
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I have both float and fixed weeks.
With the float weeks, I usually book my week more than a year in advance and have never had any problems doing so. I like these because with every year I can change when I want to go to my resort.
I too own a floating week in Sedona, I only go there in the spring or fall. But I own a fixed week in Fort Lauderdale at the end of February/beginning of March. I also own a couple of floatings weeks in the Carribbean....Those are usually booked for sometime in January/February.
Because I have to worry about work I have to juggle those weeks around and the fixed week usually gets banked. Only due to the timeframes and closeness of the vacations. I don't think it would sit too well if I went on 2 vacations only a month apart.
So owning a floating week is very flexible, but does take some planning to get what you want.
You have to decide what works best for you.
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The value of a float week is directly determined by any restrictions and the ability to reserve the week you want. Those that keep you out of reserving the best weeks are less than desirable. I've had a mix of fixed and float and still do. So far my float week still gets me a great week every year(without having to call on that first day to reserve).
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I have a fixed week with floating options. So I can use mine for my fixed week or any week in the floating weeks or I can upgrade for any other week during the season for an additional $500.00 fee. So I can go anytime I want.
It all depends on your timeshare. I have never had to wait for availability I just call and book.
KThe problem with real life is that there is no background music.
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Questions to ask on floating:
1. What is the floating period? I have some that floats weeks 1-52 and others that just float in the fall-winter-spring.
2. How far out can you reserve? One of mine, if you pay the maintenance fee, you can reserve 2 years out, one you can reserve 9 months out and the others you can reserve 1 year out.
3. If you decide to deposit your reserved week with a exchange company, can you use the week you reserve or does the resort pick the week you reserve?
4. Is there an option to reserve outside your float week period? And if so, what is the cost?
5. How many of the units that you are buying does the resort have in that are floating that you will be competing with other to reserve?
6. How exactly does the resort handle reservations? I have one that the resort will do it by phone or person. This gives the people that are there or live close an advantage over call in owners.
7. How does the resort handle room requestion with their floating weeks.
8. Is the unit a floating week and floating unit or the same unit, just floating week?
9. When do you have to pay your maintenance fee for the year you are reserving?
10. Does the resort have only one day for check in and reservations? I have some resorts that only have check in on Saturdays and others that have check in on Friday. Saturday and Sunday.
Hope these help.
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