DVC Point Transfer Rules

[VGCgroupie]

If you have a large chunk of points you can walk a 4 night reservation for 30 nights to ensure you get the dates you want, some commercial renters have bots but not most of them and thise that don’t need a way to beat the bots. So it’s a win win transferring points, strip contracts by transferring out the points and sell them and then you have a membership that has a ton of points to book your rentals.

Meaning book 30 nights consecutively

 

[Cyberc1978]

If you have a large chunk of points you can walk a 4 night reservation for 30 nights to ensure you get the dates you want, some commercial renters have bots but not most of them and thise that don’t need a way to beat the bots. So it’s a win win transferring points, strip contracts by transferring out the points and sell them and then you have a membership that has a ton of points to book your rentals.

Meaning book 30 nights consecutively

Why would you need to book 30 nights consecutively if you only need 4 of them? Unless you only need 4 but you don’t know which 4 nights. But I would find that unlikely, that you only know the month you are going but nothing else.

 

[VGCgroupie]

Why would you need to book 30 nights consecutively if you only need 4 of them? Unless you only need 4 but you don’t know which 4 nights. But I would find that unlikely, that you only know the month you are going but nothing else.

Just using an example as why some may use a huge chunk of points to walk a reservation. Competitiors walk and have bots. So the more days you can book to pad your desired dates the better. And in some case they may actually want to book 30 nights, the value rooms at AKV or the cheap studios at BWV. Since I didnt make the original comment Im sure Sandi will chime in with what she meant and if I understood what she meant correctly in this explanation.

 

[Cyberc1978]

Just using an example as why some may use a huge chunk of points to walk a reservation. Competitiors walk and have bots. So the more days you can book to pad your desired dates the better. And in some case they may actually want to book 30 nights, the value rooms at AKV or the cheap studios at BWV. Since I didnt make the original comment Im sure Sandi will chime in with what she meant and if I understood what she meant correctly in this explanation.

Im just trying to understand why you would need a large chunk of points unless you need many consecutive days. For walking you doesn’t need that many points.

 

[Sandisw]

Im just trying to understand why you would need a large chunk of points unless you need many consecutive days. For walking you doesn’t need that many points.

Not saying that there are a lot of owners who might be doing it but as someone who is in for commercial purposes, you might want to hold a large reservation and not worry about the whole running into a problem.

Let’s say you just keep adding and wait to drop later when you know the exact date you rented..or to not look like you are walking your reservation. Some of the suggestions here have suggested things like you can’t drop until you get to X days out.

The more points one has in a membership the more flexibility they have to hold lots of rooms for longer dates until the secure the rental.

For example, maybe the hold a 2 week or 3 week reservation and have to for someone looking for 10 days within that timeframe.

Limiting transfers between same owners makes it hard for those who may have used it to their advantage to rent or walk.

 

[DougEMG]

Maybe I’m missing something, but does preventing multiple transfer really add that much friction to the buy/strip/flip model?

Will an owner not just rent all the points instead (borrowing as much as possible) and then sell with a delayed closing if necessary?

Sure, it’s not quite as fast - but does that stop it? I don’t know.

I would think that a flipper would want to strip the contract and sell as fast as possible in order to (1) get their capital back ASAP and (2) sell before the market prices changes.

 

[DougEMG]

I don't think it will stop it but it will add a friction point, which would hopefully slow down or discourage some.

If you can buy 20 loaded contracts, and load all those points into one, then sell 19 immediately after because you don't have to do a delayed close, you recoup some of that capital in order to do it again. If you can only do one transfer in and out. That reduces it to 10 contracts you can now offload quickly, having to hold on to the other 10 until the rentals complete.

Hopefully this reduces the velocity that they could do this at. Maybe making it less profitable if they need to sit on some contracts longer and risk market movements. Would also reduce the # of listings I would assume as they need to hold for longer.

Would be interesting if they keep track of these individuals/entities, maybe make their ROFR process longer, or take extra time loading their accounts/points after close.

One thing I have heard from another member who said this worked for them (they did it between 2 family members) was that if party A has 3 memberships and party B has 1 membership, party A could transfer from all 3 of their memberships into party B's 1 membership if it was happening all at the same time. This doesn't sound right to me and sounds more like a loop hole that is in the system.

Anyone else heard of this being allowed?

 

[Simbacat]

Another transferred points question. We only own resale. If we transfer in points from a direct owner, can we use those at restricted resorts, and if so, how do we check availability? Thanks

 

[Wakey]

Deleted as wrong thread.

 

[Girlstar30]

Another transferred points question. We only own resale. If we transfer in points from a direct owner, can we use those at restricted resorts, and if so, how do we check availability? Thanks

Yes you can use at restricted resorts, but you have to call MS to book it.

I use this tool when I purchase OTU points or direct member transfer when I want to stay at a direct resort to know what is available before calling. It's not updated in real time, but its pretty accurate. Also if you know a direct member you can ask them to check for you.

https://dvcrentalstore.com/guests/check-dvc-availability/