If you own a second or third home and are looking to monetise it when you are not resident, 3rd HOME is worth serious consideration. 3rd HOME is a private club for luxury second home owners. It enables you to turn your empty weeks into vacations all over the world. You no longer feel the need to visit your second home, even when you want to be somewhere else. And you can get a great return on it at all times of the year, making your home-work for you.
How Does It Work?
When you join the club, you list your home including pictures and descriptions, and then choose weeks to make available for other members use. You immediately earn credits, called KEYS, the 3RD HOME Currency, and can use them to reserve any of the other properties available on the 3RD HOME site. There is no cost to join, and no required annual membership fees. The only required cost is the small exchange fee for each week you reserve that ranges from $395 to $995. You literally save thousands of dollars just by taking one trip a year. But you can travel as much as you want.
Where Can You Go?
There are currently over 3,400 member properties in the 3RD HOME club. The average value is $2.4M. Each is a luxury vacation home in a desirable destination. Many of the homes come from world class resorts and developments that endorse 3RD HOME such as The Ritz-Carlton Destination Club. (see www.3rdhomecom/affiliates for a complete list)
What Makes 3rd Home Unique
3RD HOME is a trusted community of like minded vacation home owners. They also secure reviews on homeowners and guests to ensure it stays that way. Unlike other exchange programs you may have heard of, there is no direct or simultaneous exchange between members. It is all handled safely and easily online. You earn your Keys immediately for each week you deposit, as long as they are not offseason or within 90 days of arrival. The Key system allows you to reserve any other home available on the site immediately.
Where Are These High End 3rd Homes?
Located across the world, but skewed towards the US and Europe, you will find these beautiful properties in vacation spots on the Cote D’Azur, Florida, Palm Springs, Cabo San Lucas, Aspen, Lake Tahoe, Beaver Creek and major cities including London, Paris and Cape Town.
Disclosure: Our property, service and product reviews are sponsored by the proprietor or brand being appraised. All opinions remain our own and are in no way influenced by the sponsor.