BLT Points...Do they go fast?

[wsdavis]

I've been looking for BLT points to rent and they seem hard to come by. The ones I've found are overpriced. As a general rule do BLT points rent faster than other resorts, is BLT smaller and has less owners therefore less points on the market, and do they typically sell higher than other resorts?

 

[drusba]

BLT is not a small resort. There are plenty of BLT points and owners. Rental availability simply depends on who wants to rent and sometimes there may not be many from any particular resort. As one of the newer resorts, BLT owners did pay more per point than purchasers of resorts that came before it. That is what usually happens with each new resort.

 

[crisi]

And as a newer resort, they tend to be newer owners - or owners who added on BLT but will stay there a few times before they have "extra" points.

Its also been a stable economy - there aren't many BLT owners who got slammed with the NEED to rent. And owners don't usually buy intending to rent as a habit. They intend to rent when they need to - because they want to do something other than go to Disney or because life has made a trip this year difficult.

 

[houseofduck]

Unless you are looking to book 7 to 11 months in advance, you don't have to rent from a BLT owner. You can rent from any owner. Lake view rooms tend to have availability at the 7 month mark.

 

[Deb & Bill]

I've been looking for BLT points to rent and they seem hard to come by. The ones I've found are overpriced. As a general rule do BLT points rent faster than other resorts, is BLT smaller and has less owners therefore less points on the market, and do they typically sell higher than other resorts?

When you say "overpriced" what do you mean? That might be the going rate. If you are looking for fire sale points, they might only be good a month out. And you won't get BLT a month out.

 

[Missyrose]

I've been looking for BLT points to rent and they seem hard to come by. The ones I've found are overpriced. As a general rule do BLT points rent faster than other resorts, is BLT smaller and has less owners therefore less points on the market, and do they typically sell higher than other resorts?

I'm curious what you think overpriced is. The rental rates have gone up in the past couple of years as fewer owners have to rent out their points to pay their dues.

 

[wsdavis]

As a general rule I consider $13-14 pp overpriced. I can rent from an agency for that much and take out the risk factor. I think $10 pp is a good price and $11-12 pp is a fair price by owner. Anything under $10 is a deal.

 

[KAT4DISNEY]

As a general rule I consider $13-14 pp overpriced. I can rent from an agency for that much and take out the risk factor. I think $10 pp is a good price and $11-12 pp is a fair price by owner. Anything under $10 is a deal.

An owner can provide points to a rental service and receive $11/pt - and the owner still has to make the reservation. The rental service will charge the $13-$14/pt range that you mention. The cost for any convenience to the owner of not going thru the process of finding a renter is the $2-3/pt that the broker retains. So when an owner decides to rent direct and take the additional work of screening a renter, communications and collecting payments then they will plan on retaining that fee for the additional work that they are now doing. So fair is still the same $13-$14/pt.

That's not to say that you won't be able to find a lower price but it will be more difficult and may be unlikely. The amounts you feel are fair are most likely to be outside of the home resort period when owners are feeling a crunch to rent their points and then it wouldn't matter what resort the points were from.

 

[Deb & Bill]

And when you say "take out the risk factor", you really aren't. The point brokers just hold a portion of the fee to the seller until the vacation starts.

 

[Missyrose]

As a general rule I consider $13-14 pp overpriced. I can rent from an agency for that much and take out the risk factor. I think $10 pp is a good price and $11-12 pp is a fair price by owner. Anything under $10 is a deal.

As a general rule, $12-$15 per point is considered reasonable during the home resort period, especially for in-demand resorts such as BLT.

The days of lots of $10 and $11 per point rentals are almost over. The brokers are having a hard time finding points to fill requests, so owners have been able to charge more than they had been in the past.

 

[supersnoop]

Do you really expect an owner to offer their points 11 months in advance at a discount? That should command a premium.

 

[Sandisw]

As BLT owners, when I transferred last year, I didn't have any trouble getting $13 per point. If I were to rent, unless it was last minute, I would rent for $10 any longer and would expect to get $13 or $14. Just to give some perspective that you are probably seeing those prices because owners are finding people to pay the,.

 

[Minniesgal]

I am an owner and I wouldn't rent my points privately for less than $12 per point. Monorail resorts or VGC I would be expecting to get $13-14 per point. I can get $11 from David's so if I was renting privately it would have to be for more than $11. I wouldn't rent my points for less than $11. I don't think $10 is realistic in this market especially during home resort times.

 

[wsdavis]

I guess part of my thinking too is that I personally wouldn't pay drastically more for a certain resort. We always go in low demand times so we shouldn't fall victim to supply and demand. I would love to stay at BLT or VGF but I wouldn't pay 14 pp for one of those if BWV or BCV was readily available at 11. All these resorts are fantastic to us. I mean no offense to those of you that are owners/renters. This is just my perspective as a buyer of points.

 

[Deb & Bill]

I guess part of my thinking too is that I personally wouldn't pay drastically more for a certain resort. We always go in low demand times so we shouldn't fall victim to supply and demand. I would love to stay at BLT or VGF but I wouldn't pay 14 pp for one of those if BWV or BCV was readily available at 11. All these resorts are fantastic to us. I mean no offense to those of you that are owners/renters. This is just my perspective as a buyer of points.

Your problem may be what you think is a low demand time. DVC high times are mid-Sept to mid-Jan, and around holidays. If you were thinking Nov or early Dec to be a low demand time, you would be very wrong.

 

[supersnoop]

I guess part of my thinking too is that I personally wouldn't pay drastically more for a certain resort. We always go in low demand times so we shouldn't fall victim to supply and demand. I would love to stay at BLT or VGF but I wouldn't pay 14 pp for one of those if BWV or BCV was readily available at 11. All these resorts are fantastic to us. I mean no offense to those of you that are owners/renters. This is just my perspective as a buyer of points.

Again, you seem to be confused. I think any booking that requires a home-resort booking advantage is going to be "high demand." If you can book seven months out, it doesn't matter which points you use. If BWV points are available for $11, and a BLT room is available, you can book that room at $11. But if you need the home-resort advantage, again, that defines "high demand."

 

[wsdavis]

Your problem may be what you think is a low demand time. DVC high times are mid-Sept to mid-Jan, and around holidays. If you were thinking Nov or early Dec to be a low demand time, you would be very wrong.

I'm sure you're exactly right. I haven't researched the the dvc attendance seasons only the park attendace calendars. I'm still learning.

Again, you seem to be confused. I think any booking that requires a home-resort booking advantage is going to be "high demand." If you can book seven months out, it doesn't matter which points you use. If BWV points are available for $11, and a BLT room is available, you can book that room at $11. But if you need the home-resort advantage, again, that defines "high demand."

I don't take issue with the 11 month home resort booking window and the 7 month open booking window. I totally understand that. All I was saying is that I will continue to rent dvc resorts that are available at a lower price point (inside the 11 month home resort booking window). I've been looking for a few weeks now and I've found home resort points available for $11 pp at bcv or bwv but not to blt or vgf. That was the whole reason behind this post was to gain perspective as to why these resorts bring more $$$.

 

[McCrae]

Staying at Disney through DVC is not a cheap option... If you want to save money why not try a resort like the All Stars.

If you really want to stay at BLT or VGF just go for it.... Is it really worth the hassle of trying to cut a $1 or two of the rental costs?

If you have the money stay where you want to.... Don't comprise on your vacation if you don't need to.

 

[tjkraz]

I've been looking for a few weeks now and I've found home resort points available for $11 pp at bcv or bwv but not to blt or vgf. That was the whole reason behind this post was to gain perspective as to why these resorts bring more $$$.

Like any free market system, the answer is simply: There are enough people willing to pay $14 pp to justify owners asking that rate.

If the number of buyers at $14 decreases, owners will have to lower their asking prices. Until that happens, they can continue asking $14.

 

[supersnoop]

I don't take issue with the 11 month home resort booking window and the 7 month open booking window. I totally understand that. All I was saying is that I will continue to rent dvc resorts that are available at a lower price point (inside the 11 month home resort booking window). I've been looking for a few weeks now and I've found home resort points available for $11 pp at bcv or bwv but not to blt or vgf. That was the whole reason behind this post was to gain perspective as to why these resorts bring more $$$.

Where are you finding these $11 points? The only ones I see here are pretty specific that they need to be used within the next three months. Just because they're offering BCV or BWV points doesn't mean the terms will actually allow you to book in the 11 month time-frame.