Well, I just rented some of my OKW points last month...the first time in 30 years that I've rented points. So here is a recap.
I offered them at $17 per point, as OKW is not usually an in demand resort, and a lot of renters don't understand they are good at any resort 7 months or less from check-in date.. I offered 99 points, total. These were also current June 2023 use year points. I also posted 1/2 of the the total due through PayPal when they received the confirmation, and I did the booking while we were both online, so the confirmation was immediate, as soon as they entered the number into their
MDE app. The other half was due 45 days prior to their travel dates or January 15th, whichever came first, so if I did need to cancel for non-payment, I could still bank those points. I got a lot of people looking for days that just were not available. I also got a lot of people looking for a day here or there to add to their existing trip. Some owners do not like to book such short stays, but I was willing to do so. I also had a guest that was staying at SSR, and wanted to add on a day, in a studio. I was able to secure a a preferred studio, which she accepted, and she made the 50% payment. A couple of days later, they saw a standard studio available, and asked if I could switch their reservation, so they would not have to move. I did so, and they said they would pay the original amount for the more expensive preferred. I told them no, I adjusted the final payment down to the lower standard view, as they were paying the full amount earlier than when due. In the end, I rented 98 points, and was able to bank the one remaining point My experience renting went smoothly, but it did take time checking everyones dates and so forth. Be sure you reply promptly to inquiries. I have reminders marked in my phone to contact people for their final payments. Never having used PayPal to receive funds, it went smoothly, and the funds were transferred into my credit union the next day. I did not charge the renters the 3% paypal fee.
If you have expiring points, that are not bankable, then yes, I'd likely go a dollar or so less per point to attract them to your points vs someone else's. And hope there is availability, depending upon when the points actually expire.