Third Home is An Exclusive Luxury Home Exchange Club
The concept of home swaps is not a new one, and it is something which has been around for many years.
The idea is simple; you own a home in New York, and you would like to vacation in Barcelona. Somebody in Barcelona owns a home and would like to vacation where you own a home. 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.
Even worse, you may have no idea what the property is really like. Would you be happy swapping your plush New York penthouse for a run-down studio in a sketchy neighborhood?
This is where Third Home comes into the picture. The world’s most luxurious home swap site.
Third Home: The Airbnb For Vacation Home Owners
Third Home 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 then use them to book stays at the most luxurious homes in the world.
The bigger the property and the more exclusive, costs more keys, likewise the bigger your home, the more keys you will earn.
According to the Third Home 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.
Types of Homes Available
To be accepted you must own a second home with a value of at least $500,000. A panel decides if your home is good enough to be a part of the club. They will also consider the location, amenities, and desirability among other factors.
If you are accepted, you will be given access to the internal marketplace where there are nearly 10,000 homes on offer. All the homes on Third Home have a combined value of around $10 billion with the average worth around $2.5 million.
The marketplace contains many homes that are individually worth up $20 million. There is even a safari in a private reserve on a 20,000-acre estate in South Africa, which comes with its own private security.
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 Third Home
Reviews from members are overwhelmingly positive. The process of booking your stay is seamless, and you can stay at a huge 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 clubs and resorts that are part of the program.
Upon arrival at the home you have booked, the property manager will normally greet you and provide a tour. There will also be information provided on how everything works for you to feel right at home.
Third Home has an online presentation that helps homeowners understand how the process works.
If you own a second home you feel can make the grade, Third Home certainly presents a very attractive offer.
The startup fee is free if you signup here.
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 of the homeowners are vetted, and this option may be more favorable than using a site like Airbnb.
This exchange program is so popular they reached a milestone of 10,000 properties in their portfolio, earlier in 2018.
Exclusive Offer: Membership Fees Waived
Luxury Fractional Guide is able to offer its subscribers a special offer with Third Home. Join Third Home today and get the membership fee waived, and pay no upfront costs. GET THE FREE SIGNUP OFFER
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