Davids DVC: Rental reimbursement or rescheduling?

I have not received a denied - David has until June 3rd to reply
As for my rented points I’ve heard nothing since March
As in Owner who rented points out - I’ve heard nothing since March
 
They probably expect WDW to remain closed but if the resorts are open during that time and you choose not to go, try to see if they.can change the name on the reservation

Fine with me, just as long as they do what they said and work with me! So fingers crossed!
 

I agree. If I were a renter I would want my money back too. But, I'm looking at this from the eyes of broker, and the broker doesn't own the points, and he doesn't have all the money in hand to give back to the renter. He gave 70% of what was collected to the owner. I suppose the broker could get a bond of some type, carry insurance, or in the case of David who has been renting for a l-o-n-g time and has made a lot of money over the years, he maybe able to self-insure and give back the money. All things to consider from the brokers side.

As a private owner, you have control, you can give back the money if you desire. Maybe rentals with private individuals will become more popular. For me, I rent at a minimum the same price (or even $1.00 or more) than a broker. Usually, people want to pay me less, but maybe if they know I'll refund their money and check my references, they might balk less -- dunno.

Just curious- I normally book with Disney, but tried out David’s for a November reservation. Naively I thought booking with a broker provided at least some level of security, but see now that’s not the case. I know I will never use a broker again, but have wondered if renting from a private owner could possibly be any better. Did you have rentals during this time period? Are you saying you gave them their money back? Just wondering and if so that was nice of you. It sounds like some owners didn’t (and I get both sides of the argument), but I was thinking I would be willing to pay a higher price per point if it meant the risk was split a little more fairly. Or pay a higher price for points that could be used for longer. There is such a gap between Disney prices and rental prices that there’s a lot of room to work with. Also, again, just curious do you draft any sort of contract or anything? Sorry for the questions, I have just never looked into private rentals before and am wondering how someone would distinguish renting from different owners as some clearly have different views on situations like this. Just wondering if you spell it out in advance.
 
Just curious- I normally book with Disney, but tried out David’s for a November reservation. Naively I thought booking with a broker provided at least some level of security, but see now that’s not the case. I know I will never use a broker again, but have wondered if renting from a private owner could possibly be any better. Did you have rentals during this time period? Are you saying you gave them their money back? Just wondering and if so that was nice of you. It sounds like some owners didn’t (and I get both sides of the argument), but I was thinking I would be willing to pay a higher price per point if it meant the risk was split a little more fairly. Or pay a higher price for points that could be used for longer. There is such a gap between Disney prices and rental prices that there’s a lot of room to work with. Also, again, just curious do you draft any sort of contract or anything? Sorry for the questions, I have just never looked into private rentals before and am wondering how someone would distinguish renting from different owners as some clearly have different views on situations like this. Just wondering if you spell it out in advance.
Every owner is different. I do not think admin would appreciate my discussing how I handle a renter on this thread. For several reasons, and it's off topic. But, I don't think anything would stop us from talking via PM
 
Just curious- I normally book with Disney, but tried out David’s for a November reservation. Naively I thought booking with a broker provided at least some level of security, but see now that’s not the case. I know I will never use a broker again, but have wondered if renting from a private owner could possibly be any better. Did you have rentals during this time period? Are you saying you gave them their money back? Just wondering and if so that was nice of you. It sounds like some owners didn’t (and I get both sides of the argument), but I was thinking I would be willing to pay a higher price per point if it meant the risk was split a little more fairly. Or pay a higher price for points that could be used for longer. There is such a gap between Disney prices and rental prices that there’s a lot of room to work with. Also, again, just curious do you draft any sort of contract or anything? Sorry for the questions, I have just never looked into private rentals before and am wondering how someone would distinguish renting from different owners as some clearly have different views on situations like this. Just wondering if you spell it out in advance.
Here is why it's better to deal directly with the owner:
- Prices are better - most owners split David's commission of $4.50 per point with the renter
- You have the owner's address and contact information
- Most owners do not require any deposit to check availability for you
- It should be no problem for owners to arrange a date change, or change the main guest on the reservation (which David does not allow)
- You don't have to worry about David becoming bankrupt (however you may still worry that owner would not pay his dues)
 
However, broker renters always have to worry about an Owner defaulting on their MFs
 
Here is why it's better to deal directly with the owner:
- Prices are better - most owners split David's commission of $4.50 per point with the renter
- You have the owner's address and contact information
- Most owners do not require any deposit to check availability for you
- It should be no problem for owners to arrange a date change, or change the main guest on the reservation (which David does not allow)
- You don't have to worry about David becoming bankrupt (however you may still worry that owner would not pay his dues)
 
Here is why it's better to deal directly with the owner:
- Prices are better - most owners split David's commission of $4.50 per point with the renter
- You have the owner's address and contact information
- Most owners do not require any deposit to check availability for you
- It should be no problem for owners to arrange a date change, or change the main guest on the reservation (which David does not allow)
- You don't have to worry about David becoming bankrupt (however you may still worry that owner would not pay his dues)
Sometimes.... not always
 
Every owner is different. I do not think admin would appreciate my discussing how I handle a renter on this thread. For several reasons, and it's off topic. But, I don't think anything would stop us from talking via PM
Here is why it's better to deal directly with the owner:
- Prices are better - most owners split David's commission of $4.50 per point with the renter
- You have the owner's address and contact information
- Most owners do not require any deposit to check availability for you
- It should be no problem for owners to arrange a date change, or change the main guest on the reservation (which David does not allow)
- You don't have to worry about David becoming bankrupt (however you may still worry that owner would not pay his dues)
I'm sorry. I wasn't trying to go off topic. I've been following this thread for weeks and it seemed like some of the more recent posts were musing about the future of David's and the rental market in general. I was just looking for some clarity of how booking directly from an owner would be better/different. IIRC the new contract for David's had a clause about the hotels being closed and put the responsibility back onto the owner? I hope I'm remembering that correctly. Strictly from a renters perspective this seems safer, but does this scare away owners and if so what's the alternative for both renters and owners? On that note maybe David's ends up charging more since there is now a little more security. Or maybe they do break down the points into different categories for UY and charge different prices. No one needs to answer if this isn't the place for it, I was just wondering! Thanks!
 
I'm sorry. I wasn't trying to go off topic. I've been following this thread for weeks and it seemed like some of the more recent posts were musing about the future of David's and the rental market in general. I was just looking for some clarity of how booking directly from an owner would be better/different. IIRC the new contract for David's had a clause about the hotels being closed and put the responsibility back onto the owner? I hope I'm remembering that correctly. Strictly from a renters perspective this seems safer, but does this scare away owners and if so what's the alternative for both renters and owners? On that note maybe David's ends up charging more since there is now a little more security. Or maybe they do break down the points into different categories for UY and charge different prices. No one needs to answer if this isn't the place for it, I was just wondering! Thanks!
if you increase your post count, you can PM people and take the discussion offline. I think you need a minimum of 10 posts to private message people (or get private messages)
 
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I'm sorry. I wasn't trying to go off topic. I've been following this thread for weeks and it seemed like some of the more recent posts were musing about the future of David's and the rental market in general. I was just looking for some clarity of how booking directly from an owner would be better/different. IIRC the new contract for David's had a clause about the hotels being closed and put the responsibility back onto the owner? I hope I'm remembering that correctly. Strictly from a renters perspective this seems safer, but does this scare away owners and if so what's the alternative for both renters and owners? On that note maybe David's ends up charging more since there is now a little more security. Or maybe they do break down the points into different categories for UY and charge different prices. No one needs to answer if this isn't the place for it, I was just wondering! Thanks!
Not really!! Although the first renter's contract states that no accommodation, you get a refund, the new contracts has the following new clause:
"In the event of a global pandemic, natural disaster, force Majeure or any other event outside the reasonable control of David's Vacation Club Rentals, this Credit remains non-refundable and no modification, cancelations or rebooking will be permitted." So, no it is not safer!!
 
Not really!! Although the first renter's contract states that no accommodation, you get a refund, the new contracts has the following new clause:
"In the event of a global pandemic, natural disaster, force Majeure or any other event outside the reasonable control of David's Vacation Club Rentals, this Credit remains non-refundable and no modification, cancelations or rebooking will be permitted." So, no it is not safer!!
Isn’t that for the credit voucher? Think if the above happens it falls on the owner to refund.
 
I'm sorry. I wasn't trying to go off topic. I've been following this thread for weeks and it seemed like some of the more recent posts were musing about the future of David's and the rental market in general. I was just looking for some clarity of how booking directly from an owner would be better/different. IIRC the new contract for David's had a clause about the hotels being closed and put the responsibility back onto the owner? I hope I'm remembering that correctly. Strictly from a renters perspective this seems safer, but does this scare away owners and if so what's the alternative for both renters and owners? On that note maybe David's ends up charging more since there is now a little more security. Or maybe they do break down the points into different categories for UY and charge different prices. No one needs to answer if this isn't the place for it, I was just wondering! Thanks!

Yes! The new contract sure scares me off. There's a section that says the owner will need to pay additional money if the initial unit is no longer available, and David gets to choose the replacement. I look at that as if the renter wanted a two bedroom at OKW and something happened, David's could put them into a two bedroom at the Grand Floridian hotel, which would cost quite a bit, and I would be required to pay the difference with no input.
 
I’ll be honest, I’ve tried to keep up with this thread but after 2 months and 143 pages, I just can’t.

We have never used DVC for anything in the past and after a friend recommendation, we used David’s to book a trip at the Poly for May 23-30. Of course I don’t think this trip is going to happen, so I have to figure out what happens next. I had planned to use the cash voucher option and rebook for next June but I am so confused. I’ve seen some say not to do that. Can I get an updated opinion on what I should do??? Should I accept the cash credit with David’s and book next June (again at the Poly or GF) or try a chargeback on my Chase Sapphire?
 
I’ll be honest, I’ve tried to keep up with this thread but after 2 months and 143 pages, I just can’t.

We have never used DVC for anything in the past and after a friend recommendation, we used David’s to book a trip at the Poly for May 23-30. Of course I don’t think this trip is going to happen, so I have to figure out what happens next. I had planned to use the cash voucher option and rebook for next June but I am so confused. I’ve seen some say not to do that. Can I get an updated opinion on what I should do??? Should I accept the cash credit with David’s and book next June (again at the Poly or GF) or try a chargeback on my Chase Sapphire?
I'm in a similar position (BLT and VGF from 5/21 to 6/1) and used Chase Sapphire Reserve. My plan is to try the chargeback route first. If that fails, then I'll accept the voucher from David's as one person noted several pages ago that David's offered them a voucher and then rescinded it due to the chargeback with the understanding that it would be reissued if the credit card company rules in favor of David's.

I've seen no finalized results of chargebacks, either successful or unsuccessful at this point. A lot of people have filed them and some have heard back that David responded and that the renter was next up to provide evidence as to why the CC company should rule in their favor.
 















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