DVC plans to target commercial renters

[Sandisw]

Oh, the irony as we approach 100 pages of how it's all going to get 'better,' and DVC drastically reduces restrictions on between contract transfers just today.

It certainly seems like an interesting move....it would be even more ironic if these changes come with a clamp down that DVC will require owners to attest in writing or on the phone that no money changed hands.....

 

[Genie+]

Oh, the irony as we approach 100 pages of how it's all going to get 'better,' and DVC drastically reduces restrictions on between contract transfers just today.

I’m not sure how that’s going to make things worse.

It gives more flexibility to personal use owners so maybe they don’t need to rely so much on 3rd party rental.

For all we know It might even be a way for DVD to bait colluding memberships in outing themselves as related activity? I’m not sure there… but who knows all that DVC sees within this change. One thing is for sure, there is plenty to weigh with every decision so pretty much nothing is ever done for one sole reason. I’d think it’s a combo of considerations.

 

[crisi]

You only capture a small percentage by doing that. Those folks aren't all of a sudden going direct through Disney one time or DVC when they stay. I'd bet most are going to values, or more likely looking off property.

And they lose nearly zero money when a DVC renter goes offsite, unless they don't go to the parks, in which case they already lost them to Universal. (There are some minor expenses Disney collects - you are more trapped for food than if you go offsite - but it will barely be noticeable on the bottom line)

 

[Sandisw]

Just a food for thought…Maybe the new transfer rules will be used against owners in a crack down…assumption that if you give or receive them, it is for commerical reasons?

Especially now that you can transfer more than before

Or it’s being done so more owners will transfer points around amongst themselves and the hope is less need to rent extra points.

 

[nalababybear]

One little problem with your examples is how is DVC going to know what price something was rented out at. All they know is that the reservation does not have the owners name on it.

P.S. I own at BWV, please send those $35/point renters my way as the last time I rented BWV points out I did it at around $20/point.

No doubt. We rent out between $20-25 per point.

 

[JackosinDIS]

Just a food for thought…Maybe the new transfer rules will be used against owners in a crack down…assumption that if you give or receive them, it is for commerical reasons?

Especially now that you can transfer more than before

Or it’s being done so more owners will transfer points around amongst themselves and the hope is less need to rent extra points.

I think that a lot of the commercial renters buy cheap transfer points and re-rent them. So it could potentially increase spec renting.

 

[Maistre Gracey]

How many times can the same thing be said over and over and….

Agree to disagree, and be done…

 

[HyperspaceMountainPilot]

I think that a lot of the commercial renters buy cheap transfer points and re-rent them. So it could potentially increase spec renting.

This blew my mind but it’s so obvious now that you mention it. If you already have a commercial advertising enterprise set up, you can transfer in for $12-18 and then rent out above $20-30. Especially as Member Services is sometimes willing to help you swap out pristine (bankable) points for more distressed (expiring soon) points on your reservations, so you could probably spec book rooms, buy distressed points to backfill them even cheaper, and then use your points for a new reservation and repeat.

I’m not sure I think it’s a deliberate dragnet operation, but on the other hand, DVC can trace the exact points transferred in to a reservation, which is not made in the name of the owner, and it would be a pretty red hot trail that they acquired the points just to rent them out (commercial activity) as opposed to saying it just happened to be extra points or an existing reservation you couldn’t use.

 

[Matty B13]

I wonder if DVC will require at the time of reservation for owners to check a box in the reservation web page and then to list who the renters are with all their information with all costs for the renter. This would make for great opportunity for data mining and new potential clients for DVC.

 

[Cyberc1978]

I wonder if DVC will require at the time of reservation for owners to check a box in the reservation web page and then to list who the renters are with all their information with all costs for the renter. This would make for great opportunity for data mining and new potential clients for DVC.

We already have the option to check if the person on the reservation is a DVC member or not. But otherwise the renter would be the person(s) on the reservation.

Unsure what you mean with "with all costs for the renter"

 

[xdan0920]

I wonder if DVC will require at the time of reservation for owners to check a box in the reservation web page and then to list who the renters are with all their information with all costs for the renter. This would make for great opportunity for data mining and new potential clients for DVC.

What an onerous step. What if my cousins uncle is supposed to go but then he wants to let his nieces grandma use the points? What then?

 

[Matty B13]

We already have the option to check if the person on the reservation is a DVC member or not. But otherwise the renter would be the person(s) on the reservation.

Unsure what you mean with "with all costs for the renter"

You would now have to include what the price the renter paid to the owner. Instead of DVC reading through a ton of contracts submitted for rentals, they make the owners enter the data.

What an onerous step. What if my cousins uncle is supposed to go but then he wants to let his nieces grandma use the points? What then?

Well, if you are charging your cousins uncle for a rental, that is the cost of DVC rental business (your time to handle these requirements).

 

[xdan0920]

Well, if you are charging your cousins uncle for a rental, that is the cost of DVC rental business (your time to handle these requirements).

Unfair. Taking away my rights. What if I book the room, but then someone rents it, but then before I can fill out the proper paperwork I get sucked into a black hole? what then? I lose my DVC?

 

[Matty B13]

Unfair. Taking away my rights. What if I book the room, but then someone rents it, but then before I can fill out the proper paperwork I get sucked into a black hole? what then? I lose my DVC?

No, your uncle's cousin just can't go to Disney World that year....... or until you return to this universe.

 

[lowlight]

I can see why it’s tempting for people renting on the regular. Why take $18 or $21pp when you can get high $20s and even into the $30s? Unfortunately it means the best value rooms/dates end up on the rental market at a staggeringly higher ratio than the normal ratios for personal/rental. Probably the majority. DVC can clearly see those numbers. Maybe certain room/dates are non-owner bookings 60+% of the time and while overall average is so much lower.

Not only people renting on their own. At least one of the biggest 3rd party rental sites tells you what room and what days to book if you want to rent them your points. They are always 30$ a point+ rooms.

 

[Sandisw]

I think that a lot of the commercial renters buy cheap transfer points and re-rent them. So it could potentially increase spec renting.

Well, I wasn’t going to say that but since you did…it definitely opens the door for owners who want to use DVC for a profit to find a different way to do it.

Unless DVC cracks down on enforcing payment for them well, I can think of several ways this can be exploited.

 

[Sandisw]

You would now have to include what the price the renter paid to the owner. Instead of DVC reading through a ton of contracts submitted for rentals, they make the owners enter the data.


Well, if you are charging your cousins uncle for a rental, that is the cost of DVC rental business (your time to handle these requirements).

Since DVC rules say you must have a contract, and it must include certain things it’s been mentioned by a few of us already that requiring the contract to be submitted as a way to monitor this.

If that’s not on file, then they can require owner to sign at check in.

DVC could also have owners be required to issue guest certificates to those who are not renters.

 

[Sandisw]

Unfair. Taking away my rights. What if I book the room, but then someone rents it, but then before I can fill out the proper paperwork I get sucked into a black hole? what then? I lose my DVC?

Many have already said these are common sense ways to enforce the rules since they already exist.

 

[JackosinDIS]

This blew my mind but it’s so obvious now that you mention it. If you already have a commercial advertising enterprise set up, you can transfer in for $12-18 and then rent out above $20-30. Especially as Member Services is sometimes willing to help you swap out pristine (bankable) points for more distressed (expiring soon) points on your reservations, so you could probably spec book rooms, buy distressed points to backfill them even cheaper, and then use your points for a new reservation and repeat.

I’m not sure I think it’s a deliberate dragnet operation, but on the other hand, DVC can trace the exact points transferred in to a reservation, which is not made in the name of the owner, and it would be a pretty red hot trail that they acquired the points just to rent them out (commercial activity) as opposed to saying it just happened to be extra points or an existing reservation you couldn’t use.

Exactly.

I suspect this to be the case, as I once tried to rent some banked points via facebook for $15 pp (they were expiring points which came with a resale contract).

I was inundated with messages from people who do a lot of renting on the page asking if I would transfer. I couldn’t figure out why initially, but seems as though the big renters jump on the opportunity to buy extra points as they can rent them out easily, or just replace points in existing reservations and extend the life of other points. You don’t even need member services to help with this as you can just modify online (or maybe not with transferred points… I don’t know I’ve never done it).

 

[Sandisw]

Exactly.

I suspect this to be the case, as I once tried to rent some banked points via facebook for $15 pp (they were expiring points which came with a resale contract).

I was inundated with messages from people who do a lot of renting on the page asking if I would transfer. I couldn’t figure out why initially, but seems as though the big renters jump on the opportunity to buy extra points as they can rent them out easily, or just replace points in existing reservations and extend the life of other points. You don’t even need member services to help with this as you can just modify online (or maybe not with transferred points… I don’t know I’ve never done it).

Transferred points can easily be used to modify online if you are doing it at 7 months. If you want to use during home resort priority, they don’t work unless they match exactly what you own.

Even then, it’s hit or miss. If you buy distressed cheap points for transfer and they are you home resort points, and want to replace a home resort reservation , then a call to MS will easily do it.