ThirdHome Vacation Exchange: Everything You Need to Know
ThirdHome is An Exclusive Luxury Home Exchange Club
The concept of home swaps is not a new one, and it is something that has been around for many years.
The idea is simple; you own a New York home and would like to vacation in Barcelona. Somebody in Barcelona owns a home and would like to vacation where you own a home in New York. You both connect and agree to stay at each other’s home.
In theory, this sounds simple to get free vacation accommodation. However, in practical terms, the idea of being able to match these two parties up and having the homes free at a specific date is not easy, and can take multiple emails back and forth to find a good match for both parties.
Even worse, you may not know what the property is like. Would you be happy swapping your plush New York penthouse for a run-down studio in a sketchy neighborhood?
This is where ThirdHome comes into the picture—the world’s most luxurious home swap site.
ThirdHome: The Airbnb For Vacation Home Owners
ThirdHome is a luxury travel exchange for second homeowners. The idea is like many other home swap sites with two main differences.
The first difference is when you allow other members to book a stay in your home, you earn a type of digital currency known as keys. You can use these keys anytime you like – there is no exact match of exchange dates required.
Once you have earned keys, you can use them to book stays at the most luxurious homes in the world.
The bigger the property, the ideal time of the year, and the more exclusive will cost you more keys; likewise the bigger your home, the more keys you will earn.
According to the ThirdHome website, “To be accepted into our club, members’ properties must be located in a desirable location with quality furnishings, appointments, and amenities”
If you do decide to enter this exclusive club, there is a vetting process to ensure members are in good standing and they own the home.
The second difference is that ThirdHome is not just for second homeowners, they also welcome owners of yachts, castles, and private islands, as well as time in five-star resorts and residence clubs. The variety of stays is unmatched.
Types of Homes Available
To be accepted, you must own a second home valued at $500,000 or more. A panel decides if your home is good enough to join the club. They will also consider the location, amenities, and desirability.
If you are accepted, you will be given access to the internal marketplace, where there are over 15,000 homes on offer. All the homes on ThirdHome have a combined value of around $27 billion, with the average worth around $2.4 million.
The portfolio contains some homes that are individually worth up to $50 million. There is even a safari in a private reserve on a 20,000-acre estate in South Africa, with personal security included.
If you are not too keen on wildlife and would prefer something a little chic, there is a 5-bedroom villa in France with sweeping views of the Durance River.
What is it Like to Use ThirdHome
Reviews from members are overwhelmingly positive with guests repeatedly mentioning the positive communication they have with their Hosts before and during the trip. The process for booking a stay is seamless and can be made with essentially 1 click. There are an impressive amount of available properties for as little as 4 keys.
They feature homes from all over the world, so there is something to cater to all tastes. Members also have the opportunity to book fully serviced residence clubs and resorts that are part of the program.
ThirdHome has an online presentation that helps homeowners understand how the process works.
Final Thoughts
If you own a second home and you can make the grade, ThirdHome presents an attractive offer.
Some members have reportedly saved between $100,000 – $200,000 using the internal marketplace because they never need to book hotels or villas.
There is also the security aspect, as all homeowners are vetted and protected by a program that provides up to $5M in damage for any cause. It’s global and includes any stays with the portfolio. This option may be more favorable than using a site like Airbnb.
Exclusive Offer: Membership Fees Waived
Luxury Fractional Guide can offer its subscribers a special offer with ThirdHome. Join ThirdHome today and get the membership fee waived, and pay no upfront costs.