A vacation home exchange is when you agree to trade homes with someone else for a pre-determined amount of time. You will go to stay at their house and they will come to stay at yours.
Home exchange is much more cost efficient than staying in a hotel. Often whichever home exchange agency you choose charges a membership fee, which can be monthly or yearly, depending on how often you plan on using your membership. The fee is much less than a traditional hotel stay would be. By saving money on lodging, you can free your funds to experience the area you are staying in. You will also find out exactly what it feels like to live in your desired destination. This is an excellent option if you are thinking about relocating, but want to test an area before committing.
Since vacation home exchanges have been growing in popularity, it is safe to say that you needn't worry about any hazards. Both parties have mutually agreed to trade houses and you are in contact with the people who will be staying in your home beforehand. Of course, it is prudent to secure any valuables, but otherwise you should have nothing to worry about. Many vacation home exchange services boast about how successful their exchanges have been, with no instances of major theft or vandalism.