Cdn DvC owners how do you rent ? Have you rented ?

[TammyLynn33]

Thinking we may not make it to use our 2019 points .
so I just try and rent all 100 points so I get a confirmed reservation ? I see July 4 th and us thanksgiving have avail .. And if I do that when I cancel my current May reservation and then reschedule which year do they take points from first ?( I want to try and use my welcome home visit for next Christmas .. if needed)
I looked at David’s rental thinking it would be easier but I need an IITN number ? And I don’t have one .. anyone have thoughts on those ? Do I need one ?
Thanks

 

[mort1331]

So you should have plenty of posts on the boards. You can just rent here. I would suggest not having a confirmed res. You would have to have that person want that exact time.
We just post how many points we have to rent and the cost and most important the use year.
Have a look on the boards, see what they are renting for. I usually post for about $1 less. I just want to get points rented out.
Ask all the questions you want .

 

[Minniemoo15]

I have rented using Davids, Facebook groups and to personal friends. I made the most $$ with Facebook groups. Friends paid in CDN so that was nice. David’s was easy. You don’t need an ITIN # for David’s as they are based in Canada too.

 

[tgropp]

I have rented using Davids, Facebook groups and to personal friends. I made the most $$ with Facebook groups. Friends paid in CDN so that was nice. David’s was easy. You don’t need an ITIN # for David’s as they are based in Canada too.

I just rented 97 of my 100 points through David’s at $15.50 per point. There is a lot of dissatisfied people with David’s over on the DVC forums. Not quite sure on how to explain it but for me, they seem to be the easy way to go.

 

[RyanDisneyDad]

We have rented out and rented from Facebook groups with no problems

 

[EatMoreVeg]

I have rented just using the boards and have had no issues. Depending on the price, you can move them pretty quickly. Last time I rented, they went in less than 24 hours. I ask for payment in USD via PayPal and then buy a Disney gc with it. Then I use that to pay dues or as spending money when we go ourselves.

 

[bababear_50]

Hi TammyLynn
Right now renting out a dedicated reservation ,transferring points etc during the current Pandemic is a bit stressful.

Many people think oh I can do this (travel) during difficult times but then the travel date rolls around and they have a change of heart
or their life circumstances change.

As you know DVC accommodation rentals are not quite like a Disney room resort rental. There are limitations for when points can be used , , banked and yes this past year many people lost their points too. New rules about only being able to borrow 50% of the next years points is something to keep in mind.

For myself I would consider transferring points to another member , however I am not quite at the point where I feel confident handling a dedicate reservation rental. The whole Paypal, legal contract ,trust someone else to not damage the unit during rental, etc etc ,,,, yeah I'd worry way too much about it.

I have used David's DVC rentals in the past and currently have a dedicated reservation with them. 4th one this year.

https://dvcrequest.com/
Edited to add
Right now there are 31 dedicated April reservations available ,,, maybe it won't rent.

Hugs Mel

 

[mort1331]

I just rented 97 of my 100 points through David’s at $15.50 per point. There is a lot of dissatisfied people with David’s over on the DVC forums. Not quite sure on how to explain it but for me, they seem to be the easy way to go.

The quickest way to explain the problems that Daves has had.
Their old contract had no provisions for pandemic, so they were trying to have the owner refund the money, not give it back to the renter, and just offering the renter a voucher. That voucher had a time limit and decreased value. All the time they kept their commission.
Their new contract, read it all, puts the whole pressure on the owner. If WDW closes again for any reason, the owner could be on the hook for not only the room, but associated costs as well,,ie flights.
Lot of owners not happy with the new language and how it could be interpreted, so loads of backlash all around.
They used to have 5++ star rating and one of the main board sponsors here...now,,,subprime. and not a sponser.

 

[bababear_50]

I have been an owner since 2004 and I can tell you I still get mixed up with

1 First time use points

2. Banking rules

3. Use Year

4. Borrowing

"Banked and borrowed points are not eligible for transfer. Both parties involved in a transfer must be up-to-date on their annual DVC fees and can only engage in one transfer per year. Transferred Disney Vacation Club points will be subject to the usage parameters of the transferring party. "

5. Transferring points and retention of their use year

6. one time points for purchase rules


Last year a great CM saved some of my points by pointing out to me that another CM had used points from a wrong contract.

Last year DVC apologized when they gave the wrong contract expiration date and still argued with me when I sent documentation regarding one of my contracts that was being sold. (keep all your paper work ,, this is especially important that a family member knows where everything is as dealing with DVC during a loss can be truly overwhelming for family ).

This past year I learned that I can transfer 1 time from each of my contracts and it doesn't need to be 1 transfer per membership like I thought.

I have also learned that watching my points so that they don't expire is so important.*Watch those banking deadlines*.

Lots to learn which is ok.
Hugs
Mel

 

[mort1331]

I have been an owner since 2004 and I can tell you I still get mixed up with

1 First time use points

2. Banking rules

3. Use Year

4. Borrowing

5. Transferring points and retention of their use year

6. one time points for purchase rules


Last year a great CM saved some of my points by pointing out to me that another CM had used points from a wrong contract.

Last year DVC apologized when they gave the wrong contract expiration date and still argued with me when I sent documentation regarding one of my contracts that was being sold. (keep all your paper work ,, this is especially important that a family member knows where everything is as dealing with DVC during a loss can be truly overwhelming for family ).

This past year I learned that I can transfer 1 time from each of my contracts and it doesn't need to be 1 transfer per membership like I thought.

I have also learned that watching my points so that they don't expire is so important.*Watch those banking deadlines*.

Lots to learn which is ok.
Hugs
Mel

Call me Mel,,,I will help you
I will even help you use them up...lol

 

[bababear_50]

Call me Mel,,,I will help you
I will even help you use them up...lol

Thanks for the offer!
I just can't see myself going down south for the next year or so.
That doesn't mean all travel is out, there still is the possibility of travel within our beautiful country OR maybe a new remodel of the bedrooms,,,hmmmmm.

Hugs Mel

 

[tgropp]

I have been an owner since 2004 and I can tell you I still get mixed up with

1 First time use points

2. Banking rules

3. Use Year

4. Borrowing

"Banked and borrowed points are not eligible for transfer. Both parties involved in a transfer must be up-to-date on their annual DVC fees and can only engage in one transfer per year. Transferred Disney Vacation Club points will be subject to the usage parameters of the transferring party. "

5. Transferring points and retention of their use year

6. one time points for purchase rules


Last year a great CM saved some of my points by pointing out to me that another CM had used points from a wrong contract.

Last year DVC apologized when they gave the wrong contract expiration date and still argued with me when I sent documentation regarding one of my contracts that was being sold. (keep all your paper work ,, this is especially important that a family member knows where everything is as dealing with DVC during a loss can be truly overwhelming for family ).

This past year I learned that I can transfer 1 time from each of my contracts and it doesn't need to be 1 transfer per membership like I thought.

I have also learned that watching my points so that they don't expire is so important.*Watch those banking deadlines*.

Lots to learn which is ok.
Hugs
Mel

.
I’m glad that I am not the only one who has trouble with their contracts. Years ago I had two 100 point contracts at with different Use Years at VWL. I found it so much of a hassle trying to book stays with the different use years that I ended up selling one of them and waited till another contract with the same UY came up for sale and purchased it. My regret now is that I wish that I would have also kept the contract that I sold. You can never have enough pints.

 

[bababear_50]

.
I’m glad that I am not the only one who has trouble with their contracts. Years ago I had two 100 point contracts at with different Use Years at VWL. I found it so much of a hassle trying to book stays with the different use years that I ended up selling one of them and waited till another contract with the same UY came up for sale and purchased it. My regret now is that I wish that I would have also kept the contract that I sold. You can never have enough pints.

How true,,
I sold a small point AKV contract a few years ago and wish I had kept it.
My kids and granddaughter love staying there.
Me ............................. I'm an OKW lover.

 

[momof2gr8kids]

Am I crazy that I'm itching to buy DVC points right now??

 

[bababear_50]

Am I crazy that I'm itching to buy DVC points right now??

Nah your normal Hon
There is definitely a wide variety of options available right now.
So many contracts Big and Small at all of the DVC resorts.
Hugs
Mel

 

[Dismom18]

The quickest way to explain the problems that Daves has had.
Their old contract had no provisions for pandemic, so they were trying to have the owner refund the money, not give it back to the renter, and just offering the renter a voucher. That voucher had a time limit and decreased value. All the time they kept their commission.
Their new contract, read it all, puts the whole pressure on the owner. If WDW closes again for any reason, the owner could be on the hook for not only the room, but associated costs as well,,ie flights.
Lot of owners not happy with the new language and how it could be interpreted, so loads of backlash all around.
They used to have 5++ star rating and one of the main board sponsors here...now,,,subprime. and not a sponser.

is this true about being responsible for losses related to flights etc.? I am debating whether I should rent out my points, and am apprehensive to rent them out myself, as I am new to DVC, and was hoping to rent through David's.

 

[tgropp]

is this true about being responsible for losses related to flights etc.? I am debating whether I should rent out my points, and am apprehensive to rent them out myself, as I am new to DVC, and was hoping to rent through David's.

I have read and re read my contract and I dont see anything, but I’m not a lawyer

 

[bababear_50]

This electronic agreement is made October 21, 2020 by and between *Snow White* ('DVC Owner') and David's Vacation Club Rentals ('Intermediary').

1. The DVC Owner requests assistance from the Intermediary for the purpose of finding and managing guests in exchange for an agreed price per rented point payable to the DVC Owner and an agreed commission per rented point payable to the Intermediary.
2. The DVC Owner and the Intermediary acknowledge that they are completely familiar with the terminology used by the Disney Vacation Club and are fully familiar with the operations and the rules and regulations of the Disney Vacation Club and neither will rely on the other for guidance regarding policies or procedures of the Disney Vacation Club.
3. The number of points made available for rental by the DVC Owner under this agreement is set out below. The Intermediary has no responsibility for any points not rented to guests during the specified rental year or for any points which expire for any reason whatsoever prior to being rented. This agreement shall cease to be applicable with respect to Intermediary's responsibility to supply DVC Owner with guests seeking rental opportunities after the full number of points available for rental in the specified rental year have been rented or after the end of such specified rental year (with respect to any unrented points). A new Intermediary Agreement may be entered into by the parties after all points available for rental have been rented or the specified rental year has ended.
4. The Intermediary agrees to be responsible for:
   1. Supplying the DVC Owner with guests who are seeking rental opportunities, as available to Intermediary
   2. Contacting Disney Vacation Club's Owner Services to check availability for guests
   3. Contacting the DVC Owner with eligible guests' rental inquiries
   4. Collecting funds from the guest for a reservation made by the DVC Owner for such guest
   5. Creating and receiving an agreed rental agreement, in form approved by Intermediary, from a reserving guest
   6. Paying the DVC Owner for rented points used to secure reservations, at the price agreed with Intermediary, payable 70% after the reservation is made and 100% of the funds for the reservation have been collected by Intermediary from the guest, and the balance at the time of check-in
   7. Ensuring that a guest's reservation is confirmed to the guest
   8. Providing the DVC Owner with a credit card or other financial information from the guest if the guest elects to add a dining plan, ticket package or other Disney Vacation Plan optional add-on to enable processing of such add-on request by the DVC Owner
5. The DVC Owner agrees to be responsible for:
   1. Providing the Intermediary with full details on how many points are available for rental in the specified rental year, as noted below
   2. Advising the Intermediary which Home Resort the points belong to, as noted below
   3. Advising the Intermediary which year that the points belong to, as noted below
   4. Advising the Intermediary whether and how many points may be banked or borrowed in order to secure reservations in the specified rental year
   5. Keeping maintenance fees and mortgages payable by the DVC Owner current at all times
   6. Keeping DVC Owner's membership in the Disney Vacation Club current and active so as not to adversely affect any active reservations or potential reservations during the specified rental year
   7. Honoring all reservations made for which funds (partial or full) have been remitted to DVC Owner
   8. Maintaining an active PayPal account with which to receive payment for funds collected by Intermediary with respect to guest reservations
   9. Obtaining a confirmation from Disney Vacation Club with respect to each guest reservation using the information provided by Intermediary to DVC Owner with respect to that guest and then sending that reservation confirmation electronically to Intermediary
   10. Processing all reserved guests' requests for optional add-ons and for specific room requests with Disney Vacation Club and/or Walt Disney Company ("Disney"). A copy of all email confirmations from the Disney Vacation Club and/or Disney with respect to such add-ons must be forwarded to Intermediary for further forwarding to the guest in question.
   11. Processing payment for guests' optional add-on requests using a credit card/financial information obtained by Intermediary from the guest and provided to DVC Owner. DVC Owner will use such credit card/financial information only for the express purpose of processing the add-on requests with Disney Vacation Club and/or Walt Disney Company ("Disney") and not for any other purpose and will otherwise keep such information strictly confidential.
6. The DVC Owner further agrees and promises:
   1. Not to list for sale, and not to list for rental with another rental agent, the points covered by active reservations or available for rental hereunder during the specified rental year
   2. To keep all Disney Vacation Club maintenance fees, dues and assessments current
   3. To keep all mortgages with respect to the DVC Owner's Disney Vacation Club property current
   4. To keep the DVC Owner's membership in the Disney Vacation Club in good standing
7. The DVC Owner further agrees with the Intermediary to make full restitution to the Intermediary and a guest with an active reservation for any and all costs related to a cancellation of that reservation caused by or relating to the failure of the DVC Owner to honour the reservation or otherwise not comply with any obligation or responsibility of the DVC Owner under this agreement including, without limitation, any legal fees, costs and expenses associated with the collection of said costs.
8. The DVC Owner hereby agrees to indemnify Intermediary from and in respect of all losses, costs, damages and claims suffered or incurred by Intermediary as a result of the DVC Owner failing to fulfill any responsibility or comply with any obligation of DVC Owner hereunder.
9. This agreement shall be governed in all respects by the laws of the Province of Ontario and the laws of Canada applicable therein. All parties hereto agree to submit to the non-exclusive jurisdiction of the courts of Ontario with respect to any disputes relating to, or legal actions brought in respect of, any matters under this agreement.
10. In the event of a Force Majeure (as defined in this paragraph), each party shall be excused from any future performance of obligations under this agreement; provided, however that if Intermediary has paid 70% of the funds collected for the reservation from Guest to DVC Owner pursuant to 4(f) of this Agreement, DVC Owner will return to Intermediary the full amount it has already received from Intermediary, as soon as is reasonably possible after the conditions(s) constituting the Force Majeure event is/are notified by Intermediary to DVC Owner. A Force Majeure is an event beyond the Intermediary’s reasonable control which renders performance of a rental reservation with respect to DVC Owner’s rented points impossible or substantially impaired, including without limitation, acts of God, acts of government, embargoes, war, riot, epidemic, pandemic, natural disaster, governmental order restrictions and Disney Vacation Club closures or cancellation of reservations.

Current contract David's is using
Regards
Mel

 

[mort1331]

1. The DVC Owner further agrees with the Intermediary to make full restitution to the Intermediary and a guest with an active reservation for any and all costs related to a cancellation of that reservation caused by or relating to the failure of the DVC Owner to honour the reservation or otherwise not comply with any obligation or responsibility of the DVC Owner under this agreement including, without limitation, any legal fees, costs and expenses associated with the collection of said costs.
2. The DVC Owner hereby agrees to indemnify Intermediary from and in respect of all losses, costs, damages and claims suffered or incurred by Intermediary as a result of the DVC Owner failing to fulfill any responsibility or comply with any obligation of DVC Owner hereunder.

read into it as you may, but be careful. There is a HUGE thread on these boards about Daves. He used to be the best and the best rated. Now not so much.
Easy to rent out yourself, lots of help here, and more $ in your pocket, with low risk.

 

[bababear_50]

I am currently using David's but the funds will stay in a PayPal account until the reservation is complete. (April 2021).
Be prepared to wait and also drop your asking price as dedicated reservations are flooding the market right now.

It is just so hard right now to even know when regular vacations will even be on the horizon. I need to feel free & safe traveling at home first. Give me a quiet Ontario Casino to try first. lol



I may just bank this years points into 2022 ,, although I have 10 , 2020 points that have to be banked by March and I am not sure if I should bank them or just see if I can transfer them out.


Hugs
Mel