Davids DVC: Rental reimbursement or rescheduling?

[McCrae]

That's good to know but I am sure I have seen posts where owners are asked to return the 70% as well.

It seems like owners are being treated differently. That's why I am holding off doing anything, incase their tune changes.

 

[Maddiesmum03]

I see sorry I phrased that badly. I meant if the points were distressed he was still asking for the money back in some posts. I may have read it wrong though. In my case if I wait for Disney the points are distressed and of can no longer use them. But will he argue I can put them in RCI? If not distressed then you are right he either re-rents or gets them money back.

Others may disagree with me from a legal standpoint, but in my eyes, those points are the ones he used for the reservation and I was paid for. I would still offer him the option to re rent them even if they are distressed and certainly not return the 70%. I have had such a conversation with one of his staff, as I originally thought the points from my end of March rental would not be returned to their original year and expire on 31st July 2020.

 

[DisneyBB]

It seems like owners are being treated differently. That's why I am holding off doing anything, incase their tune changes.

So in your case he is allowing you to keep the 70% and the points if the resort is closed? Don't blame you for holding off if your points are not going to expire then you should be fine. It is really weird how many different things he has told owners. It worries me that he is going to flip around at the last min. It is a matter of trust and not sure how emails hold up if he changes his mind.

 

[DisneyBB]

Others may disagree with me from a legal standpoint, but in my eyes, those points are the ones he used for the reservation and I was paid for. I would still offer him the option to re rent them even if they are distressed and certainly not return the 70%. I have had such a conversation with one of his staff, as I originally thought the points from my end of March rental would not be returned to their original year and expire on 31st July 2020.

So if he can't re-rent them due to them expiring, then you have completed your contract? And you don't have any more input?

This is my situation mine will expire unless I act soon.

 

[McCrae]

So in your case he is allowing you to keep the 70% and the points if the resort is closed? Don't blame you for holding off if your points are not going to expire then you should be fine. It is really weird how many different things he has told owners. It worries me that he is going to flip around at the last min. It is a matter of trust and not sure how emails hold up if he changes his mind.

Yes. I want to help my renter if I can and would refund them directly if it was an option. It's not. I don't agree with David's approach.

 

[Maddiesmum03]

So if he can't re-rent them due to them expiring, then you have completed your contract? And you don't have any more input?

This is my situation mine will expire unless I act soon.

That is how I would have left it, unless he got his legal team involved retrospectively. BUT....my situation for that rental was different as it was the week the parks were closed but the resort still open, so they agreed I had fulfilled my contract and I got the remaining 30%, I then had my points returned to Aug 2020 use year, so he has use of points that are good through til next summer, but that wasn't the case when I was paid the 30%.
I have another rental that was due a couple of days ago. I have not received the 30% and have been told that I will receive the remaining 30% when I book a new reservation.

 

[cmrdgrs]

Why is a David going after some to get the 70% back with a ‘lawyer’ type letter. While others are keeping theirs? Some with distressed points are still being asked to return the money. If in an email he said the 70% can be kept for distressed points. Is that an agreement that would stand up?

That's a very good question. I have a friend who rented through David and his rental was in March. The resort was open for the guest's entire stay, but the renter did not check-in to the room (I believe their were travel issues for the renter due to the pandemic). The owner was originally told they would be paid for the rental in full, but then David's did not pay the owner the final 30%. There is inconsistency on the part of the broker going on for sure.

 

[Amymouse13]

Here is a theory David's may be banking on... https://www.piratesandprincesses.ne...ld-to-remain-closed-for-the-rest-of-2020/amp/

Cash bookings bc there isn't dvc availability... No refunds, then Disney is closed he only needs to front cash until Disney actually reopens? Then when they don't, he has gotten renters to waive chargeback or refund if park closed, and he keeps cash...

Just a theory...

 

[mgarbowski]

Here is a theory David's may be banking on... https://www.piratesandprincesses.ne...ld-to-remain-closed-for-the-rest-of-2020/amp/
Cash bookings bc there isn't dvc availability... No refunds, then Disney is closed he only needs to front cash until Disney actually reopens? Then when they don't, he has gotten renters to waive chargeback or refund if park closed, and he keeps cash...
Just a theory...

That headline is dramatic, but the article only says Disney is developing a worst case contingency plan in which the parks remain closed through 2020. This should be no surprise at all. Disney execs would be incompetent if they did not plan for that as a possibility, but that does not mean it is particularly likely and David's would be foolish to make a plan that depends on it.

 

[Maddiesmum03]

That's a very good question. I have a friend who rented through David and his rental was in March. The resort was open for the guest's entire stay, but the renter did not check-in to the room (I believe their were travel issues for the renter due to the pandemic). The owner was originally told they would be paid for the rental in full, but then David's did not pay the owner the final 30%. There is inconsistency on the part of the broker going on for sure.

That is totally inconsistent to what happened to me. There were a few emails backwards and forwards before I got payment, but I said I would not re rent points without the 30%. I had completely fulfilled my part of the contract as the resort was open and renter could have checked in. Disney cancelled the reservation on the day of check in. At the time the points were still sitting in 2019 UY, I stated that to me the value of those points were now worth only 30% of the value they were when I rented them, therefore I would keep the points as recompense if I did not get the money owed.

 

[mgarbowski]

I've rented several times in the past. No more! I just did my first transfer thru the site sponsor.

This is the second reference I've seen to this transfer option, and I have no idea what it is. Can you or someone else elaborate please?

 

[cmrdgrs]

This is the second reference I've seen to this transfer option, and I have no idea what it is. Can you or someone else elaborate please?

A short veer off topic... DVC members can transfer points between each others memberships. Certain rules apply ==>DVC Website Link

 

[BWV Dreamin]

A short veer off topic... DVC members can transfer points between each others memberships. Certain rules apply ==>DVC Website Link

But that is done “ without” any fees, correct?

 

[BWV Dreamin]

I think Timeshare Store can help with transfers. Does anyone know what the transfer rate is for the owner?

 

[Disaseny]

Disney officially cancelled my room for next week yesterday. I emailed David's yesterday and pointed out the two sections of my contract about what I purchased room X at X for dates xxxx-xxxx. I also highlighted the part about if the accommodation a are not available and we can't have suitable comparable accommodations than I am so a refund. Their response....just an canned email about the travel credit and a statement that they will be contacting me about the terms and conditions and they are working in sequential order. I am not waiting on them to get their stuff together i filed a chargeback request with Chase this morning.

 

[cmrdgrs]

But that is done “ without” any fees, correct?

DVC doesn't charge a transfer fee. Some use escrow services of one type or another. For me, this is just a different form of a rental that [as always] needs trust. Just like a rental, the owner is generally paid first, then the transfer occurs. Transfer is a final transaction.

 

[merry_nbright]

Disney officially cancelled my room for next week yesterday. I emailed David's yesterday and pointed out the two sections of my contract about what I purchased room X at X for dates xxxx-xxxx. I also highlighted the part about if the accommodation a are not available and we can't have suitable comparable accommodations than I am so a refund. Their response....just an canned email about the travel credit and a statement that they will be contacting me about the terms and conditions and they are working in sequential order. I am not waiting on them to get their stuff together i filed a chargeback request with Chase this morning.

Mine isn’t until June and I’m super worried that if I do the chargeback, I’ll get nothing. That was why I was banking on the whole cash Disney bookings. It’s such a mess.

 

[Friendlyadvice2]

But that is done “ without” any fees, correct?

DVC doesn't charge a transfer fee. Some use escrow services of one type or another. For me, this is just a different form of a rental that [as always] needs trust. Just like a rental, the owner is generally paid first, then the transfer occurs. Transfer is a final transaction.

FWIW, DVC rules state that points cannot be transferred between owners for compensation (note, I'm not saying it doesn't happen). DVC charges no fees to conduct a transfer between members.

 

[cmrdgrs]

That is totally inconsistent to what happened to me. There were a few emails backwards and forwards before I got payment, but I said I would not re rent points without the 30%. I had completely fulfilled my part of the contract as the resort was open and renter could have checked in. Disney cancelled the reservation on the day of check in. At the time the points were still sitting in 2019 UY, I stated that to me the value of those points were now worth only 30% of the value they were when I rented them, therefore I would keep the points as recompense if I did not get the money owed.

Initially my friend was told by David that he would be paid the final 30% by David (when this all had just started and no one knew the extent of the shutdown), but he has now backtracked on that and is refusing to pay out the last 30%. He has some other rentals too, and since David didn't pay out the 30% he is not willing to return the 70% on the other rentals. Oy vey.

 

[Maddiesmum03]

Initially my friend was told by David that he would be paid the final 30% by David (when this all had just started and no one knew the extent of the shutdown), but he has now backtracked on that and is refusing to pay out the last 30%. He has some other rentals too, and since David didn't pay out the 30% he is not willing to return the 70% on the other rentals. Oy vey.

I agree, the whole thing is very messy, I am still to receive the 30% due two days ago, which if they are true to their word (!) I should get if I re-rent those points, but I also had rented out my 2021 points in February with him, for December/January rentals and I am just keeping my fingers crossed that a) the parks and resorts have all reopened and b) that he is still in business then! But your friend should surely get the 30% owed for the reservation when the resorts were still open. What excuse is he using to withhold what is due?