$10 a point? What an insult!

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I feel nuthut is doing us all a favor when he posts about prices being too low. He or she is not telling us what to do merely informing people that these points are going for much more in other markets on the internet. that is not butting in to others people busniss at all. If you saw someone selling a car for much less than they could get for it would you not want to let your friend know? He doesn't have a need to share this info as he is already renting his points at the price he considers fair. He does not need these boards as their is ebay and yes even other places on the internet for renting points. Why would you be upset with someone for sharing information that may benefit others on this board. People who want the price to stay lower are doing it for their own self serving purposes such as not agreeing with renting points at all or they think it should only be done in a certain way. I thank Nuthut for sharing and I think it is rude to to say to someone to stay out of others busniss on a board that is meant for sharing information. If you dont like what he has to say than dont read it or respectfully disagree.
 
Further, if you rent to friends, family, business aquaintances, why do you have to do so much advertising for those hard to get ressies you seem to scarf up for rental? Perhaps by business aquaintances you mean people you rent to... Oh, but that certainly isn't commercial, right? Please!!!

Sorry. That sounds awfully close to a personal attack. And I don't want to do that. But nuthut is really pushing this too far. The insult here is that nuthut IS using the VACATION CLUB for commercial purposes. And rubbing it in our noses at that! If he'd just be quiet and rent his points to his friends and family, no one would know or care about how much he gets, how often he rents, what type of units/days, what type of season, etc. Rental activity should be for members in a bind who need to occassionally unload some points (ie.; NON-commercial). If the demand is there, the member can ask for a higher price. Based on demand, the price will very likely increase NATURALLY. However, I fear that nuthut's COMMERCIAL/BLATANT/UNETHICAL behavior here may jeopardize that natural process as some are wanting to hold to $10 just to keep commercial entities from increasing their profit margin. (Me included.) I also fear that as this debate escalates, there may be some restrictions put on the renting activites. So again, the irresponsible actions of a few will in the end hurt us all!!

Sorry, nuthut. I do not dislike you, but I really dislike what you're doing to OUR VACATION CLUB. Nothing personal.

[This message was edited by ckr on 03-26-01 at 09:38 AM.]
 
I am a DVC member at OKW since 1997. I just returned from a week at OKW -it was great. While at the pool, I overheard two groups of people talking about renting points from DVC members. They were saying that they obtained points for $7/pt!!! They were also saying that it was cheaper for them to stay at OKW than they other hotels around the parks. Please note that these were also the people who left their trash - empty cups, etc. around the pool and were flicking butts into the sand! I truly think we should ALL reconsider selling points so cheap. $10/pt is too cheap - $7 is ridiculous!! If you're going to sell, please make it at least $15-18 a point. I need to vent!
:)
 
I just don't get why folks rent to strangers in the first place. If for some reason you can't use your points, then within your own circle of friends (or friends of friends) and acquaintances wouldn't there be folks willing to pay low rates for rentals? This is especially true for people who are taking reservations at the 11 month window. There are also so many options available to members I don't see why you can't do something for yourself with your points. Bank them a year and then take a big trip, etc.

I've seen the ads on E-Bay and while I admit I don't follow them to conclusion, I see mostly prices ranging from $180-$300 for 5 night stays. I don't see where people are moving toward paying big money for this.
 

Trying to fight a free market is like swimming against the current.

Free market regulates itself. $10/point may sound low to us for purely sentimental value. We see it as having a higher value, but the truth is, it covers our annual costs including annual dues,original investentt, lost interest, etc.
Moreover..we, as members, are actually paying about $10/point to stay in a DVC resort. Why is it fair for us and nort for renters? OK..granted, we have a 42 year commitment, dues to pay and so on, but renters don't have any flexibility when going to a DVC resort..it is a matter of pure luck to find a date you might want for rent.
Availability of rented points is not so big. It is a random thing and either you get lucky and find exactly what you were looking for (for rent), or you just grab whatever you find for the price. We, DVC members choose when to go!!!!


Renting is a reassuring option when we buy DVC because you can never be sure you will be able to go every year, and it is nice to know you won't necessarily lose your money if you can't go.

We, in the DVC board are just a small percentage of DVC owners, and, although we have some influence, it is not enough as to drive the renting price up. Maybe it is enough to raise the price in the DIS renting boards for a little while, but there will always be somebody who really needs to rent the points and will go for $10 or less, driving the price down. (Just go to a recent thread that counts the number of DVC members on this board and divide it by the total of members).

If the price per point goes up, it will give way to a great business opportunity for people to make money purely by buying DVC points and renting them out, like somebody else pointed out before.


My opinion: Manage well your points and enjoy them with your family while they last. If you can't use or bank your points, try renting them out to your family or friends, and if you can't do that eitehr..don't worry, you will get your money back by renting them out. It will not be hard at all. Only don't expect to make money off it...You won't with the current price the market forces so wisely have set.
 
I personally don't rent, I use all my points and would love more, but I do believe anything less then $15.00 pp is too cheap. In an earlier post someone mentioned overhearing renters brag about how little they paid and observed how they were leaving trash around. Well, I know what I'm going to say next is rude,insensitive,politically incorrect, blah,blah,blah.... BUT, why did we buy DVC and not stay at el-cheapo resorts or for that matter the All Star resorts. Me personally, I like to associate with a better class of people. People that respect my rights & property. People who know what manners are, understand "please" and "thank you". People who I can hold an intellegent conversation with without hear the "F" word six times in one sentence. When it comes to family,rent the points for whatever you want, but if your doing it just for the $$$- and I don't care if it's "commercial" or not, don't cheapen the quality of my resort.
 
There is always one nuthut in the bunch. This whole renting thing bothers me. I think it is because of the commercial venture nuthut has embarked upon. This seems to be purely for financial gain, and the reason nuthut is so nutty about this is because the evil plot is foiled when people don't bite high enough on the bait. Not making as much money as you thougt, huh nuthut?

Thank goodness those trash leaving, butt flicking people are just renters and not members, or we'd have them all the time. I think those kind of inconsiderate people would be that way no matter where they stay, but it's too bad it's in our homes away from home.

I wouldn't engage in a risky venture with strangers, but would possibly give/rent really cheap points to my family.

Nuthut, you started threads like this not too long ago right? Where's the beef? Is it with DVC members who choose to utilize their vacation ownership interest the way it was intended? Or is it with those that aren't helping to make your pockets a little more full?
 
So What, You think that people who have more money have better manners or are more intellegent. That last post just makes me sick. People are really starting to show their true colors over this issue.
 
Bumpy you really read a whole lot into that post.

Let me spell it out for you:

Anyone who leaves trash around without regard for others will do it nomatter where they are. Clear? There is no excuse for leaving trash anywhere. WDW has invest a lot in garbage cans and they hire people to empty them.


I made no mention of money. I didn't say anything about intelligence, either. That was not even something I thought of. I am the least elitist person on the planet. Please don't put words in my mouth, or in my posts. Let's settle down.
 
Sorry KNWVIKING,
You are showing your true colors by your post. Anyone who reads it it can see the blatent insinuations you made about people who may only be able to afford staying at the all stars. I dont stay at the all stars because I like DVC accomadations it has nothing to do with the 'Type" of people who stay there. I would rather associate with happy, nonjudgmental, unbiased people any day over there than stay at a DVC resort with people who believe that their wealth makes them more special than others. That train of thought is just disgusting and insulting to so very many people who read these boards. Not to mention absolutly untrue. You never know those renters may usually stay at the Grand Floridian!
 
A1A1
I am so sorry that you thought I was referring to you. By no means was I speaking about your post. I was speaking about VIKINGS post above yours. We must have posted just before I posted my reply. Once again I am sorry for that confusion.
 
Bumpy, if I had A 100th of the wealth you suddenly assume I have, I'd have a helluva lot more then 205 pts. I'm a blue collar worker in a truck shop. But I have stayed off site at $50.00 a nite locations. Have you read posts here about rude neighbors making noise- you don't know what noisey neighbors are if you haven't stayed "out there". Take a look at the common areas at OKW and compare them to some of the inexpensive locations off site. There was a bitter debate on this board about someone wanting to have 5 in a one bedroom at OKW, the 5th being 3 years old. Do you think off site resorts care if four or ten stay in a room.They just want the extra $10.00 for each person over four. You can call me a snob if you want, but I joined DVC because I didn't want that and I doubt I'm alone.
 
I know that many people have assumed that renters will be more abusive than owners and I'm not at all convinced that's the case. I can only speak from my personal experience which I've referred to several times on this board. When I've been contacted about renting my points, almost all people seem very nice and in general, I've been gratified dealing with them regardless of whether any transaction occured or not. Honestly though, the rare negative interction has generally been with a member and the only bad experience in an actual rental was with an owner and member of this board.

My point is that bad people will do bad things whether they own or rent. I see no evidence to suggest that DVC members are better or worse than any other group of people. Apparently some people bought DVC because they were joining an exclusive club. I bought to take my family to WDW and have the space and luxury afforded by Home away from Home accomodations. Though I consider many here on this board my friends, I also consider each and every one I've rented to my friend as well. I guess this has been as much of a hobby to me as anything else. If it was for the money, I'd just work an extra weekend and likely make more than I'd ever make renting DVC.

Wasn't it a member that accosted another member (and member of this board) in the laundry room?

Dean
 
Personal attacks and/or insults towards individuals or groups of people are not tolerated on the DIS. This thread has obviously deteriorated and it is now being locked.

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