DVC and Interval International/trading

bpmorley said:
Actually the weeks I'm looking into don't seem to be in high demand. As far as highly desirable resorts, I don't know.
If it's not a high demand time, it may not be of reasonable value to exchange. Plus what many think are high and low times aren't for certain areas. What weeks and resorts are you looking at?
 
bpmorley said:
I'm finding out now that it's not easy to trade with II. I call MS yesterday and gave a list of places & times and it seemed like everyone of them is highly unlikely.

Can't say I agree with this. Trading can be a productive use of a DVC membership, IF:

- you focus on the small universe of high quality II properties that are close to DVC quality (mostly, but not soley Marriots in the Caribbean and Hawaii).

- you avoid requesting trades for holiday and high seasons (availability even when an owner within II drops dramatically then). This means forget about Christmas in Aruba or February in Hawaii. However, late Spring, Summer and early to mid Fall are possible.

- You call MS with a long, prioritized list of dates and properties (at least five, preferably more). The more flexibility you give them, the more likely they are to find something you'll like.

- Don't insist on large space. A request for a two bedroom is much less likely to be successful than one for a one bedroom.

Based on what I see on these boards, many members don't follow these rules when they first try requesting a trade, subsequently end up disappointed and never try again. But there is a minority universe of members who don't make that mistake, and they're (per the latest DVC report on trading made at the last annual meeting) the 86% of trade requests that were successful in 2005. :teeth:
 
beachblanket said:
Based on what I see on these boards, many members don't follow these rules when they first try requesting a trade, subsequently end up disappointed and never try again. But there is a minority universe of members who don't make that mistake, and they're (per the latest DVC report on trading made at the last annual meeting) the 86% of trade requests that were successful in 2005. :teeth:
I'd agree in general. The II success rate was actually about 91% though that's misleading in that it appears to be accepted vs expired requests. It was less than 70% for BVTC. Thus ANY exchange that was accepted goes in the successful column and any exchange that was canceled even if it was unsuccessful in the members eyes, would not get counted either way. And it also does not account for all those calls where members called to see what was available and nothing was but they didn't put in an ongoing request. Purely as a guess, I'd figure far less than 50% of II ongoing requests were completed with a tier one or A list resort and for the ones I'd consider worthy of exchanging DVC during higher demand times, I'd figure 5-10% success rate to be extremely optimistic.

Regardless, I'd absolutely agree that most members don't understand the system, don't use it the way it should be used and either forego the option altogether OR give it a try then dump it when things don't fall into place easily.
 
beachblanket said:
Can't say I agree with this. Trading can be a productive use of a DVC membership, IF:

- you focus on the small universe of high quality II properties that are close to DVC quality (mostly, but not soley Marriots in the Caribbean and Hawaii).

- you avoid requesting trades for holiday and high seasons (availability even when an owner within II drops dramatically then). This means forget about Christmas in Aruba or February in Hawaii. However, late Spring, Summer and early to mid Fall are possible.

- You call MS with a long, prioritized list of dates and properties (at least five, preferably more). The more flexibility you give them, the more likely they are to find something you'll like.

- Don't insist on large space. A request for a two bedroom is much less likely to be successful than one for a one bedroom.

Based on what I see on these boards, many members don't follow these rules when they first try requesting a trade, subsequently end up disappointed and never try again. But there is a minority universe of members who don't make that mistake, and they're (per the latest DVC report on trading made at the last annual meeting) the 86% of trade requests that were successful in 2005. :teeth:
so you're either calling me stupid or ignorant
 

Dean said:
If it's not a high demand time, it may not be of reasonable value to exchange. Plus what many think are high and low times aren't for certain areas. What weeks and resorts are you looking at?
I think reasonable value of exchange is like beauty in the eye of the beholder. You may not want to go to the same places I do and vice versa. I took a look at the resorts themselves for availability. It looks like the places I want always have openings in November(what I'm looking for). Maybe it's just for their hotel part not timeshare, but that should be some kind of indication. I also checked out the prices. I looked where the prices skyrocket and avoid those months also. I'm not looking to rip the system off, I just want to go somewhere else besides WDW and if I don't use the points they'll just go to waste.
 
bpmorley said:
I think reasonable value of exchange is like beauty in the eye of the beholder. You may not want to go to the same places I do and vice versa. I took a look at the resorts themselves for availability. It looks like the places I want always have openings in November(what I'm looking for). Maybe it's just for their hotel part not timeshare, but that should be some kind of indication. I also checked out the prices. I looked where the prices skyrocket and avoid those months also. I'm not looking to rip the system off, I just want to go somewhere else besides WDW and if I don't use the points they'll just go to waste.
Certainly if you're going to lose the points, that's a different matter. However, there are other options besides trading them for things that don't measure up from a value standpoint. Would you consider something a reasonable value if it cost 144 points to exchange but you could easily rent for $5-700 outside DVC. Sounds like you would and I wouldn't but as long as you understand that's where you stand, good enough. Others looking at the same thing as you simply need to realize there are other options and if one is looking to buy in, that maybe you should buy less points and skip the exchange route altogether. And that in many cases, one can buy another timeshare and trade in to those November options for a fraction of the cost of using DVC even including all the other costs and risk involved.
 
Dean said:
Certainly if you're going to lose the points, that's a different matter. However, there are other options besides trading them for things that don't measure up from a value standpoint. Would you consider something a reasonable value if it cost 144 points to exchange but you could easily rent for $5-700 outside DVC. Sounds like you would and I wouldn't but as long as you understand that's where you stand, good enough. Others looking at the same thing as you simply need to realize there are other options and if one is looking to buy in, that maybe you should buy less points and skip the exchange route altogether. And that in many cases, one can buy another timeshare and trade in to those November options for a fraction of the cost of using DVC even including all the other costs and risk involved.
You completely lost me. When did I mention buying another timeshare? None of the places I looked at were that cheap(5-700). One place was 2900/week in nov and 3400/week in january.
 
bpmorley said:
You completely lost me. When did I mention buying another timeshare? None of the places I looked at were that cheap(5-700). One place was 2900/week in nov and 3400/week in january.
Simply pointing out the options available. I assume we're still looking at II exchanges, if so, I assume you were looking at the host website for prices. Just because you didn't see them for those prices doesn't mean they weren't available and that is essentially my point. If you know how to approach it, you can frequently find many of the options MUCH cheaper. But you'd have to post the specifics to know more detail and narrow the scope of options and costs. I can't think of many options in II worth $2900 for a week in a 2 BR for Nov,even for DVC it's cutting it close. Jan is peak season for the warmer climates but even for ski areas, one can get in much cheaper than $3400 for Jan after the holiday weekend.
 
doctor tongue said:
Can anyone tell me if a DVC membership includes membership with Interval International for trading, and if not, what their membership fee is? I am doing a lot of research on this type of club, and I saw that Marriott clubs include the first year of Interval membership..I can't find anything about it on DVC's website.
I own DVC, but I haven't used my DVC points to get an exchange through II. I feel that generally, DVC points are too valuable to use for II trades; most of the resorts available through II don't seem a valuable enough trade for the DVC points required.

I also own several other timeshares, including some that trade through II. These are inexpensive resorts that I bought primarily for trading. I have been extremely happy with the trades these resorts have gotten in II.

However, to trade these non-DVC resorts in II, I needed a separate II account; I can not use my DVC II account for that. I believe that II charges around $85 a year for a membership, with discounts if you buy multiple years at a time. (There was a "2 years for the price of 1" membership special recently, but I had just renewed at the regular rate, and missed it.)

I feel that if you own the right resort, membership in II is well worth it. However, trading DVC points through II is not usually the most cost-effective use of DVC points.

Anyone who wants to know more about II trading, feel free to email or PM me.
 
Dean said:
Simply pointing out the options available. I assume we're still looking at II exchanges, if so, I assume you were looking at the host website for prices. Just because you didn't see them for those prices doesn't mean they weren't available and that is essentially my point. If you know how to approach it, you can frequently find many of the options MUCH cheaper. But you'd have to post the specifics to know more detail and narrow the scope of options and costs. I can't think of many options in II worth $2900 for a week in a 2 BR for Nov,even for DVC it's cutting it close. Jan is peak season for the warmer climates but even for ski areas, one can get in much cheaper than $3400 for Jan after the holiday weekend.
There are quite a few that are going for that price. But basically if I were to get one of these places, isn't a great use of points? especially if I have no intention on going to Disney this year. The top amount of points for a 1bdr is 160 pts. Then I would only be wasting 90 at the end of the year. This whole point may be moot if there is no availability however.
 
bpmorley said:
There are quite a few that are going for that price. But basically if I were to get one of these places, isn't a great use of points? especially if I have no intention on going to Disney this year. The top amount of points for a 1bdr is 160 pts. Then I would only be wasting 90 at the end of the year. This whole point may be moot if there is no availability however.
You seem unwilling to post what you are looking at so we can indeed see if it's high demand or not. I was trying to help you and others, hopefully I've helped others. Since you seem to be set on what you already know or think you know about exchanges and renting other timeshares, I hope it works out.
 
Dean said:
You seem unwilling to post what you are looking at so we can indeed see if it's high demand or not. I was trying to help you and others, hopefully I've helped others. Since you seem to be set on what you already know or think you know about exchanges and renting other timeshares, I hope it works out.
I put in a search for over 30 resorts. Take your pick, Key West, Carribean, mexico, South America, California, Hawaii, etc... Too many resorts to name.

Dean, I never said you weren't helping. I just didn't understand some of what you were talking about.
 
Dean said:
LOL, a couple of weeks and couple of resorts, not much chance of success doing it that way. While there's no harm in trying, one needs to be FAR more flexible to make this type of system work.

BINGO - the pros at trading don't request weeks, they give MS a range in MONTHS, and often state they are willing to accept any resort of certain category (e.g. a Marriott) across an entire region (e.g. the Caribbean). Given the way Disney works with Interval, trying to cherry pick three weeks in February or April at a handful of resorts isn't going to get one a realistic hope at a trade.

I wish the CMs selling Saratoga would be more honest with potential purchasers, and let them know this before hyping the trade option. The CM who "sold" me on BWV seven years ago was politely blunt with how trading really worked, so I didn't purchase with naive expectations!!!
 
bpmorley said:
I put in a search for over 30 resorts. Take your pick, Key West, Carribean, mexico, South America, California, Hawaii, etc... Too many resorts to name.

Dean, I never said you weren't helping. I just didn't understand some of what you were talking about.
Now we're getting somewhere. If you don't understand, lets get you to where you do so you can do this right next time and have a much better chance of success getting the right trade at that. You're welcome to ask questions directly if you'd feel more comfortable. I have reviewed what's online from II though I did not cross reference it to the DVC II list other than in my head. You had mentioned Nov, then Jan. I see many choices along your lines for November but few 2 BR units. All should be fairly easy if you plan at least a full year out and let the request ride at least until 4-6 months prior. HI will be tough but for the Big Island and Kauai, it shouldn't be too difficult. Maui will be difficult but if you include all resorts, it's likely doable as well. The one issue otherwise is that almost all of these will have mostly studio and 1 BR other than MX. South America is the one I don't know about. For all on your list, Jan will be much more difficult and falls in the high demand for all the year around warm areas and IMO, will fall into prime time. Again, I can't speak to SA but I do see time for Brazil and Bolivia for Nov and Jan. I see far less for Jan other than SA though.

I also reviewed some of the rentals for some of these areas on TUG and redweeks and there certainly are a number even for 2 BR less than $1000 for top resorts for Nov, but of course the prices are all over the place. That's all I could do in this situation but I'd be happy to check more with specific info available.
 



















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