My assumption is that the total will be $12 pp regardless of what is bid. People will sometimes list things on ebay and elsewhere for $0.01 and tell people not to bid, just contact them. It's essentially a way of advertising.Originally posted by marty
I just checked ebay. I think you are bidding on the "right" to buy his points at $12 each. In other words, if the winning bidder bids $100, he pays $100 plus $12 per point. If that's the case, it opens up a whole new concept on renting points. Now you have to buy the right to rent!
Since I see no documentation that the buyer will pay any other fees, the reasonable assuming is that the seller will pay the listing fees and absorb any charges for Paypal. I assume the seller will pay those out of thier proceeds. Assuming a studio rental for say 60 points for 5 nights, the $2 extra per point will have the seller essentially break even over a $10 pp rental her on DIS.Originally posted by marymrg
I wonder if the seller will also deduct insertion, final value and paypal fees from the winning bid and then apply the difference to the eventual DVC booking?
The seller is only going to pay for the points, not the bid price plus $12 pp. I assume they will only pay for the points they need but how many stays are going to be less than 5 days and 50-60 points, not many. So unless the winner bids more than $12 pp, they have lost nothing as long as the seller is honest.Originally posted by marty
This is unbelievable! The bid is now up to $550 for the right to buy 100 pts. at $12 each.