Author Topic: Has anyone here tried a home exchange?  (Read 2817 times)

Southern Stashian

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Has anyone here tried a home exchange?
« on: November 26, 2013, 05:15:29 AM »
We have been thinking about spending a month of the kids 2014 summer break overseas in Spain or Italy but don't want to have to drain the stash. Home exchanges sound interesting but a little risky at the same time, but a great way to offset the cost of a vacation. If the housing cost was eliminated with an exchange, then we would most likely do it. Has anyone here had an experience with them? Are there any sites or clubs that offer this with background checks or verification of the properties?

Thanks!


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« Last Edit: November 26, 2013, 05:22:59 AM by Southern Stashian »

frugaldrummer

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Re: Has anyone here tried a home exchange?
« Reply #1 on: November 26, 2013, 11:07:13 AM »
No personal experience, but I had friends who used to do that every summer and it seemed to work out quite well for them.

Bigote

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Re: Has anyone here tried a home exchange?
« Reply #2 on: November 26, 2013, 11:42:06 AM »
Done it lots of times on Homeexchange.com.   All good experiences.   


It's kind of like internet dating.  You get some feelers, check them out online, talk to them a few times, etc before you commit to an exchange.   It's not totally blind. 

Bigote

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Re: Has anyone here tried a home exchange?
« Reply #3 on: November 26, 2013, 11:44:16 AM »
I'll add that how well you do depends a lot on where you live.  When I lived in the city we had scads of offers from all over, especially Europe.   I think where I live now (suburbs) would be harder.   



_JT

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Re: Has anyone here tried a home exchange?
« Reply #4 on: November 26, 2013, 05:24:23 PM »
You could also consider airbnb.com, renting your place out. The extra benefit there is, if you're worried about your home, they carry a 7 figure insurance policy available to cover any property damage.

mahina

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Re: Has anyone here tried a home exchange?
« Reply #5 on: November 27, 2013, 02:21:25 AM »
we did a home exchange a couple of years ago, for a 2-week vacation. i would echo what others said above, that you have some communication beforehand and yet it is a risk. we traded our home in hawaii for an apartment in san francisco. all went well, but i was nervous because there really is no recourse if things go badly. i also agree that where you live will make a huge impact on how much interest you get in a trade.

many traders have mil quarters they use for trading, letting them do more 'non-simultaneous' trades. coordinating dates for a simultaneous trade, as well as getting a good match for location, house size, etc, takes a fair amount of patience and tenacity. okay, actually it takes a whole lot. i used homeexchange.com, and found lots of postings. you can browse there without joining, just to get a feel for the options. check out your own area, too, and get ideas about how you'd describe your place to make it stand out.

someone suggested airbnb, which i have used as a traveler, and we also take guests in our mil unit. unless you live in a very desirable area, maybe near a university or hot business zone, getting a renter for a one-month stay will be challenging. airbnb is more passive than home exchange--you put up your listing and wait. there's no charge for listing on airbnb, and it gets tons of interest and inquiries, so worth a shot.

or, you might find a place to stay using airbnb, that won't be too costly, and won't require having someone in your house. prices vary based on location desirability for tourists. a family home in a regular neighborhood can be a bargain, and they may offer a discount for the extended stay.

have fun with all this!