In a points-based exchange system, the interval is immediately put into the inventory system for a given period when the member signs up with. Point values are designated to systems based on length of stay, location, system size, and seasonality. Members who have enough points to secure the getaway lodgings they want can schedule them on a space-available basis.

Whether the exchange system works satisfactorily for owners is another concern to check out before buying. Remember that you…