Clueless but know DIS can help

[mrsbert]

Okay, here's the story. My DM has a good friend that has a DVC. I know close to nothing about DVC so I am totally dumb to this. He has two places at the Beach Club (I think). One being a studio and one being a two-bedroom. I've asked in the past if he ever rents points. (I know this term only because I have slightly glanced on this thread). He had no clue what I was talking about. The thing is, I know he has only used the DVC once this past Christmas. I have plans to go after Christmas and was thinking about asking him about using his place. I know he would not know where to begin. I don't know where to begin. I've tried reading about renting points but I get so confused. Can someone with great knowledge help me out?

I know he would have no problem letting me stay, probably for nothing, but I wouldn't feel right without paying him something. Do we have to do the whole "rent points" thing? Thank you all in advance. DIS rocks!!

 

[Disney_Villain]

Hmmm . . . better backtrack on this for a moment. He has DVC "points" which can be used in many ways at all the DVC resorts (not actually owning a specific "room" or "rooms"). How many DVC points he has annually will be the real question to determine how much accomodation can be booked.

Better yet, without reinventing the wheel, here's a good primer to read up on:

http://dvcnews.com/index.php?option=com_content&task=view&id=186&Itemid=160

. . . and here's what "points" are needed to stay at any of the DVC resorts:

http://dvcnews.com/index.php?option=com_content&task=view&id=127&Itemid=105

In the end, there is no need for him to "rent points" to you. He can make a reservation for you, in your name, on his points.

 

[LisaS]

We refer to it as "renting points" but what is really going on is that a DVC member is making a reservation for someone else and charging them for that reservation based on the number of points required to book it. So they are really renting a reservation but because the cost is often calculated based on the number of points used it's referred to as "renting points".

It's really quite simple: your friend would make a reservation in your name using his points. How much he charges you (and whether he charges you) for the reservation is between the two of you. It sounds like he owns points at Beach Club Villas. If so, he can try to book a stay there up to 11 months prior to your check-out date. He can try to book a different DVC resort up to 7 months in advance.

 

[JimMIA]

One of the basics you should understand about DVC is that we don't own specific types of units. We own points, and can use those points for any kind of accommodation at any DVC resort (and also for many onsite Disney hotels, although that's not a good bargain).

The importance of that in your particular case is that your Mom's friend's "units" are not just sitting there idle waiting for him to make a reservation. In fact, they don't exist at all.

The period you are looking at is THE busiest time of the year for DVC, and Beach Club is a very small resort. It would be extremely difficult to get anything at BCV at this late date -- most of those December accommodations were snapped up the day they became available in January. Even getting something at the largest resorts (SSR and OKW) would be very difficult at this late date. Not impossible, but very difficult.

 

[mrsbert]

See, this is confusing to me...last year at Christmas time, My DM's friend decided in November that he wanted to go to WDW for Christmas. They left the day after Christmas and came back the day New Year's Eve. I remember looking his name up on the Orange County Comptroller's website to see what he had. I guess I got confused b/c he had two different room numbers listed in the contract he signed.

Okay, I looked it up again and it's Boardwalk Villas with a room number listed and that he has a certain % interest in that condo.

If it were at all possibly, I wouldn't need to stay there, I would take anything I could get.

 

[mrsbert]

Hmmm . . . better backtrack on this for a moment. He has DVC "points" which can be used in many ways at all the DVC resorts (not actually owning a specific "room" or "rooms"). How many DVC points he has annually will be the real question to determine how much accomodation can be booked.

Better yet, without reinventing the wheel, here's a good primer to read up on:

http://dvcnews.com/index.php?option=com_content&task=view&id=186&Itemid=160

. . . and here's what "points" are needed to stay at any of the DVC resorts:

http://dvcnews.com/index.php?option=com_content&task=view&id=127&Itemid=105

In the end, there is no need for him to "rent points" to you. He can make a reservation for you, in your name, on his points.

Thanks for this info, I'll be reading up on it.

 

[Lynne M]

I guess I got confused b/c he had two different room numbers listed in the contract he signed.

Okay, I looked it up again and it's Boardwalk Villas with a room number listed and that he has a certain % interest in that condo.

That unit number that you saw on the Orange County site doesn't correspond to a real villa at BWV. I think my contract says I own 2% of unit 5G at VWL or something like that. There is no unit 5G at VWL.

The unit number is just a legal representation of the % of the available shares in the resort that we own. Someone else can explain the legalities, and why they put a unit number on the contract, but we do not own any specific villa in our home resort. Not even a percentage of a specific villa. All we own are points, which we use to 'pay' for our reservations.

So, your friend would make a reservation for you, using his points. You would then pay him whatever he felt the monetary value of that number of points would be.

 

[disneynutz]

See, this is confusing to me...last year at Christmas time, My DM's friend decided in November that he wanted to go to WDW for Christmas. They left the day after Christmas and came back the day New Year's Eve. I remember looking his name up on the Orange County Comptroller's website to see what he had. I guess I got confused b/c he had two different room numbers listed in the contract he signed.

Okay, I looked it up again and it's Boardwalk Villas with a room number listed and that he has a certain % interest in that condo.

If it were at all possibly, I wouldn't need to stay there, I would take anything I could get.

For deed purposes you are recorded as buying a percentage of a unit number at a resort. The unit as far as points are concerned is meaningless. You buy 160 points at BWV. You can book at BWV 11 months before your check out date and 7 months at all other WDW resorts.

 

[LisaS]

Okay, I looked it up again and it's Boardwalk Villas with a room number listed and that he has a certain % interest in that condo.

His deed would state that he owns a percentage of a Unit at BWV. A Unit isn't one particular room/condo, it is a group of rooms. When Disney is selling a vacation club resort, they break the resort up into sections with each section consisting of a group of rooms or maybe one Grand Villa. Each group of rooms is called a Unit and is assigned a number (or a number and letter, for example Unit 25A). Each owner owns a percentage of some Unit within the resort but they do not get assigned to a room within that Unit when they stay at the resort. In fact, most owners have no idea where within the resort their particular Unit is located.

 

[mrsbert]

Ya'll are great!! Thanks so much for the usefull information. Now I just need to talk to him about renting points.

 

[lizziepooh]

Like others have said, it isn't like he has a unit setting there empty. You may find out when you ask that he has a small number of points and has plans to use them all himself. I guess it doesn't hurt to ask, but unless he has mentioned that he has extra points, I wouldn't get my hopes up. You could always go on the rent/trade board and find someone interested in renting points to you.