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Home exchanges, have you tried one yet for a cheap vacation?

By
Real Estate Agent with Coldwell Banker Colorado Rockies Real Estate

Many websites are now devoted to helping people who want to exchange homes, almost anywhere in the world. The idea is that if you want to go to France, and someone in France wants to go where you live, you connect on the web and trade houses. Sounds easy, and perhaps it is.New Zealand

I was born in New Zealand and am planning to go back there for a few weeks later this year. I  attempted to try to find someone to trade homes with. I paid for memberships to http://www.homeexchange.com/and www.homeforexchange.com, to the tune of about $90 for both for a year. I chose those particular websites because they both list a lot of homes in New Zealand. The memberships allow me to email the owners of homes that interest me, and also put my home on the websites so that others might see it and contact me if they want to come here. Being in Colorado, lots of people want to come here and ski in the winter, and as it is summer in New Zealand at that time, it works out well. 

However, I am pretty specific about where I want to go, because I want to be near the town we lived in when I was a kid.  I see many listings where people are very flexible and are open to suggestions.  I had a number of inquiries, but had trouble matching up both the time frame and the area I needed.  Most people had kids and had to come here during school holidays.  I wanted to go before the busy season. 

If you have a second home, then you may not necessarily need a simultaneous trade. It could be that you would vacation in France in May and the french family could use your second home in July. In my case, it would need to be at the same time, and it has the added advantage of giving me a housesitter and someone to feed my cats.  One potential trade sounded perfect, in the right area and right time frame, but her husband was allergic to cats.  We can't have allergic people in my house!  They would be miserable with my three cats.  Cat lovers only!  kitties

Of course, there are lots of questions, as you don't know who the people are that would be staying in your home. Many sites have people who have exchanged a number of times, and some have reviews of the people and their homes. When I go back to New Zealand I am going to make it a point to meet some of the Kiwis I have contacted who might possibly trade homes with me at a later date. If you have traded homes before, do me a favor and comment on this post and let us know how it went for you (please?)

New Zealand photo courtesy of "the Irish Guy" on Flickr.com.  The Kitties are all mine!

Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor
Hi Mana, It probably won't be until next year or maybe the year after.  We just went ahead and rented a house for this trip. 
Sep 18, 2007 08:06 AM
Stephen Joos & Chris Brubaker- HouseFront
HouseFront - Denver, CO
That's a cool concept, I would definitely love trying to do this someday.  Thanks for the heads up.
Sep 18, 2007 09:17 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Joanne, Sorry, I haven't tried it either but I think it's a wonderful idea.  I'm curious if a company screens the possible occupants or if you do? 
Sep 18, 2007 12:05 PM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor

Hi Stephen, the websites will give you a lot more information.

Carole, you do your own screening, but I think there are usually quite a few emails back and forth!

Sep 18, 2007 02:36 PM
Dena Stevens
Rocky Mountain Realty - Canon City, CO
Putting The Real Into Realtor Since 2004
I'll be anxious to hear the review of the program when you get back. Cute monsters, er.... kitties!
Sep 18, 2007 02:56 PM
Rita Taylor
None - Sanford, NC
Sanford NC Real Estate - Homes for Sale in Sanford North Carolina

Joanne,

I have never heard of this idea before - might be a good option to avoid paying big rental fees on that next vacation. 

Sep 18, 2007 02:57 PM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor

Dena, I am actually not doing it this year, but hope to next year perhaps.

Rita, you also get a house sitter to boot!  Plants get watered and pets get fed. 

Sep 18, 2007 03:22 PM
Paula Henry
Home to Indy Team @ HomeSmart Realty Group - Avon, IN
Realtor - Indianapolis Real Estate - 317-605-4174

JoAnne - Sounds like a great idea, I just don't know if I would like having someone else in my home. Let us know how it works for you!

Sep 18, 2007 03:30 PM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor
Believe me, Paula, it will take a lot of cleaning up and throwing away! 
Sep 18, 2007 04:04 PM
Eric Kodner
Wayzata Lakes Realty: Eric Kodner Sells Twin Cities Homes - Minnetonka, MN
Wayzata Lakes Realty: Twin Cities, Madeline Island

Joanne,

Are you familiar with International Home Exchange Network?  Their number is 1-407-862-7211.  They're also on the Web. 

If you go to Allen Hemphill's website (Allen is in Rancho Bernardo, California), he has written a great online article about home exchanging joys and pitfalls.

Sep 18, 2007 05:00 PM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor
Thanks Eric!  Good information.  I will go and check it out.  I think I have seen the home exchange network.  I just selected ones that had a lot of homes in New Zealand.  I know there are many websites out there and it is a very popular way to travel these days.
Sep 18, 2007 05:10 PM
Thesa Chambers
West + Main - Bend, OR
Principal Broker - Licensed in Oregon
what a great idea -it could be better than RCI
Sep 18, 2007 06:37 PM
Susie Roscoe
Signature Realty Associates - Brandon, FL
Real Estate Specialist | Brandon, FL
This is a FABULOUS IDEA!!!  I'll have to do some more homework on this one.  I love it!!
Sep 18, 2007 10:37 PM
Laurie Mindnich
Centennial, CO
OK. So it's not New Zealand, and you'd be stuck with a couple of dogs, but I'd be HAPPY to trade houses with you for a New York vacation- a Colorado visit sounds like a great plan! :)
Sep 19, 2007 12:39 AM
Chris Tesch
RE/MAX Bryan-College Station - College Station, TX
College Station, Texas Real Estate

Maybe for home games?!  Otherwise no skiing, no water...lot's of farmland!

Sep 19, 2007 09:43 AM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor

Thesa, it is a lot cheaper than RCI!

Susie, There are lots of websites to check out.  Some specialize in certain locations and others are pretty general.

Laurie, you would have to feed cats!  I bet you ski too, as you spent so many years here. 

Hi Chris, lots of Texans love Colorado, but I don't know if it goes the other way or not....it is a bit hot for most of us!

Sep 20, 2007 04:15 PM
Christina Ethridge
The North Idaho Dream Team powered by SKE Realty Group - Coeur d'Alene, ID
I have not tried home exchange but definitely want to.  Right now we have pets and I'm just plain not comfortable having someone I do not know that I have to reply upon to take care of my pets.  I'd rather pay a house sitter and stay at resort at my destination :D
Sep 22, 2007 11:00 AM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor
Christina,  it is tough to work around pets, for sure.  I am lucky having my daughter nearby so that she can be handy if need be.  We plan on not replacing pets as we lose them, so it will be easier still as we have fewer!
Sep 22, 2007 11:21 AM
Robert Monk
100% Realty, Inc. - Santa Rosa Beach, FL
Florida Real Estate
Vacation home exchange is becoming more popular in Florida, mostly because of the Canadians.  Great blog!
Oct 05, 2007 12:11 AM
Joanne Hanson
Coldwell Banker Colorado Rockies Real Estate - Frisco, CO
Summit County, Colorado Realtor
Robert, we are just beginning to see it here, but it would be great in an area of vacation homes.  Thanks for your visit!
Oct 05, 2007 08:59 AM