Difference between renting and transfers

[zawisza]

Sorry for what may be a basic question but I am new to DVC. Why are some people renting points and others asking for the transfer of points? Is there a difference?

 

[CarolMN]

Generally, renting refers to a member making a reservation for someone else - usually a non-member. In this case the owner retains complete control of the reservatioon and is the only one who can talk to MS about it.

When an owner transfers points - always to another member, the receiving party can now do whatever he/she wishes with the points (subject to the normal limitations). It's a quicker transaction and IMHO, easier and less risky for the original owner. He/She negotiates terms, makes one phone call to MS and is done.

Contrast that with renting - you negotiate terms (more involved than a transfer - usually includes payment schedule cancellation terms, etc.) make a reservation (which sometimes requires multiple calls & changes later on, and then to continue to deal with the non-member's questions/issues until after the trip is taken.

More than you wanted to know, right?

Bottom line: Point transfers are only between members/owners. Non-members can only rent reservations.

Best wishes -