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ThirdHome is a home exchange service focused on luxury homes. The company is based in Brentwood, Tennessee and operates worldwide. Owners of luxury second homes apply online, and, if they meet requirements for location, characteristics of the house, and home value, become eligible as members. Each owner lists which weeks their house will be available. When someone is staying at their house, the owner receives fictional currency, usable to reserve weeks at any property available on the system, or for stays in affiliated clubs and resorts. The site charges a one-time enrollment fee and a variable fee per exchange Its "Reserve" program offers properties valued at $5 million or more.
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