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Old 11-01-2012, 10:35 AM   #1
NHKristy76
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DVC Rental - Nervous!

I'm seriously considering renting points from someone here on the DIS for my upcoming trip.

Can anyone share their experience with doing this? I'm excited about the price break vs directly thru Disney but I'm so nervous that I'll get to WDW and not have a room.

Help!
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Old 11-01-2012, 10:44 AM   #2
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We have rented DVC points at least 5-6 times in the past few years. Except for a last minute Spring Break trip where we went with David's, we have always rented through a private owner here on the DIS. Although at first it was nerve wracking, we have never had a problem! Just be sure you are aware of the terms, choose a DIS member that has been here for a while and has a higher post count, and get a signed contract. Of course, there is always a very small chance you could still be taken advantage of, but that is very, very rare.
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Old 11-01-2012, 11:08 AM   #3
pepe of ohio
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To me, the end doesn't justify the means.... I can't take that chance...sorry, but in this day and age... I trust no one single person ... I'd go with David's, might pay a little more but an established broker, if there's a problem, I'd rather deal with him..

Disney is not cheap in any way and finding a discount is number one priority... Thru codes, AAA, or renting points ..... But if we go the point rental, we'll stick with a company dealing with brokering of points... Others do it just fine, but for my cash,.... I'm too much of a skeptic...
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Old 11-01-2012, 11:23 AM   #4
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I remember the first time we rented points. It was from a guy in New Zealand who I found on the rent/trade board. I was scared to death!!! I called the DVC # at least 10 times leading up to the vacation and gave them the confirmation number and my name to verify we actually had a reservation and our names were on it. I can laugh about it now, but at the time I was very nervous. So I can understand completely. Things turned out fine, we ended up renting from him several more times over the years, and we never had any issues. I think it's risky for the owners as well, they are responsible if you come in there and trash the room or steal something, so I believe the majority of people out there renting are OK. I'm not saying it's impossible to be scammed, I'm sure it is, but if you follow rental guidelines, get your confirmation # and confirm it, you should be OK. If you are really nervous it might be best to go with a company like Dave's point rental. I've used them too and never had a problem. In fact one time we needed to cancel with them because of a family issue and they didn't even charge me a fee. Luckily we have family members now who are owners so when we need to rent we can rent from them. It's really a personal decision about what you feel comfortable with. Good luck to you!
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Old 11-01-2012, 11:25 AM   #5
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David is great - not sure if he can get either BLT or BCV during busy times - generally the members themselves can rent them for more than he charges.

just depends upon where and when you want to go - OKW or SSR and even AKV go thru David definitely.
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Old 11-01-2012, 12:08 PM   #6
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Maybe someone that understands the system better than I do can explain something to me:

Isn't there still some risk renting through David's? Since the agreement is between the renter and the owner, isn't the broker technically off the hook if one party stiffs another?

I've always wondered what would happen if an owner cancelled a renter's reservation for some reason (like if they ran into financial trouble) that was set up through a broker. David's has a great reputation to maintain, and they may offer to find the renter last-minute accommodations, but it seems like they would be doing so out of the kindness of their hearts, not because they're legally obligated to do so.

I still see value in using a broker, but I'm not sure that David's is able to determine the reliability of an owner any better than an individual can.

What am I missing?
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Old 11-01-2012, 12:42 PM   #7
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Quote:
Originally Posted by Waddler View Post
Maybe someone that understands the system better than I do can explain something to me:

Isn't there still some risk renting through David's? Since the agreement is between the renter and the owner, isn't the broker technically off the hook if one party stiffs another?

I've always wondered what would happen if an owner cancelled a renter's reservation for some reason (like if they ran into financial trouble) that was set up through a broker. David's has a great reputation to maintain, and they may offer to find the renter last-minute accommodations, but it seems like they would be doing so out of the kindness of their hearts, not because they're legally obligated to do so.

I still see value in using a broker, but I'm not sure that David's is able to determine the reliability of an owner any better than an individual can.

What am I missing?
David just acts as a broker between the member and the non-member. If something happened that the reservation got cancelled - the member failed to pay dues and DVC foreclosed, I'm not sure what he could do other than refund the money paid. He's not making the reservation, the member who asked him to find someone to rent the points will be making the reservation. And they can only get what is available.

When someone wants to book 11 months out, he needs an owner with enough points to make a home resort reservation. Sometimes he doesn't have anyone, so he can't help you there. All a non-member can do is either find somone who has enough points at that resort to make their reservation or wait for David to get someone who has the points. Or wait until 7 months out and see if what you want is still available.

But with David's service, even the owner doesn't get all their money until after the guest checks in to the resort. They get half up front and the rest upon check in. So they could still scam someone for half the money.
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Old 11-01-2012, 01:06 PM   #8
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Quote:
Originally Posted by Deb & Bill View Post
David just acts as a broker between the member and the non-member. If something happened that the reservation got cancelled - the member failed to pay dues and DVC foreclosed, I'm not sure what he could do other than refund the money paid. He's not making the reservation, the member who asked him to find someone to rent the points will be making the reservation. And they can only get what is available.

When someone wants to book 11 months out, he needs an owner with enough points to make a home resort reservation. Sometimes he doesn't have anyone, so he can't help you there. All a non-member can do is either find somone who has enough points at that resort to make their reservation or wait for David to get someone who has the points. Or wait until 7 months out and see if what you want is still available.

But with David's service, even the owner doesn't get all their money until after the guest checks in to the resort. They get half up front and the rest upon check in. So they could still scam someone for half the money.
Thanks for the reply. I think some (not necessarily previous posters in this thread) have a false sense of absolute security when using David's. My experience with them has been wonderful, but I understand that they aren't in a position to guarantee that you have a reservation when you arrive.

Seems like things don't go sour very often, or else the online community would read about it.
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Old 11-01-2012, 01:54 PM   #9
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Quote:
Originally Posted by pepe of ohio View Post
To me, the end doesn't justify the means.... I can't take that chance...sorry, but in this day and age... I trust no one single person ... I'd go with David's, might pay a little more but an established broker, if there's a problem, I'd rather deal with him..

Disney is not cheap in any way and finding a discount is number one priority... Thru codes, AAA, or renting points ..... But if we go the point rental, we'll stick with a company dealing with brokering of points... Others do it just fine, but for my cash,.... I'm too much of a skeptic...
I agree with this post.
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Old 11-02-2012, 05:34 AM   #10
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I used stayatWDW and feel very comfortable. I LOVE the fact they are local. They also allow a cancellation for a 50% penalty as no other broker will do that. They also take care of their clients and we all receive a gift card for Disney when we book. I highly recommend them.
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Old 11-02-2012, 05:59 AM   #11
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We rented points last year privately through someone on here for the first time. Yes, it was nerve wracking as you always run that risk of getting scammed, but all ended up perfectly fine and wonderful

I had numerous phone conversations and emails with her while planning our trip; she was extremely helpful in helping us plan our ADRs and other things to do; I documented and printed out everything and we even shared our vacation photos. I just had that gut feeling that all was fine and thankfully was right

It was a fantastic experience for us and I plan on renting points from her again (provided they're available, lol)
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Old 11-02-2012, 08:09 AM   #12
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I'm a DVC owner and have used David's several times and would highly recommend his service. It seems to me the company is very thorough and organized. I have heard very positive comments from those who rented our points.
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Old 11-02-2012, 09:49 AM   #13
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I have rented from owners two times (past two visits) and both transactions went smoothly. I will certainly rent again. It is a risk but do your homework - get a copy of the rental agreement, pay thru paypal using a credit card, and get your reservation confirmation from the seller. Also, make sure your seller has done this before and/or is a long time "poster" on the boards. I do not think I will ever go back to booking with disney direct as it is just too expensive. It is just too much of a savings by renting from an owner.
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Old 11-02-2012, 07:10 PM   #14
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You can also double check the DVC ownership on the comptroller's website. Honestly, about the same risk as going through VRBO.com, etc. You can get a sense of who the person is via phone calls, email exchanges, etc. We are renting in Jan directly through an owner who has been on the board for a long time, doesn't have a ton of posts and only rented only a few times, but has been very kind, open and helpful during the process.

There is so much information available on the web that you can really check out a story to see if it makes sense.

Contracts for rentals are great, but really aren't worth the paper their printed on if someone is going intending to rip you off. More of just a way to document all of the details of the request.

I think you are buying a bit more security going through the middlemen...they would be more likely to sniff out a scammer and rectify any wrongs in the desire to protect their business reputation. We went for the better bargin (fewer $/point), but if the price was the same, I would go with one of the middlemen. I have only read good things about all of them
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Old 11-02-2012, 07:13 PM   #15
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Originally Posted by letsgoreds View Post
You can also double check the DVC ownership on the comptroller's website. ...hem
The Orange County Comptroller's website will only show members who own in Orange County. So if they own Vero Beach, Hilton Head Island, Grand Cal Villas or Aulani, they won't show up there.

Quote:
Contracts for rentals are great, but really aren't worth the paper their printed on if someone is going intending to rip you off. More of just a way to document all of the details of the request.
DVC members are required to use a contract when they rent their points per the Public Offering Statement.
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