DVC T &C Personal Use - Only Thread to Discuss!

[VGCgroupie]

I have never seen a box to check that a guest is not a DVC member either.

Me either but when see my reservation pop up I am so happy I got it I click click click and dont pay a whole lot of attention

 

[Sandisw]

I have never seen a box to check that a guest is not a DVC member either.

I figured out what I was thinking....its the one about this guest as the same address.....i never pay attention and never change address, so didn't even notice it wasn't the guest is not a member like it used to be!!!

 

[robinb]

But, what this new check box does is force owners to really think about it and attest its personal....those renting whose purpose was more commercial than personal could be viewed more regularly than in the past.

I just booked a FW Cabin this morning and I didn't even pay attention to said check box .

 

[Patmcpsu]

I am trying to think of the supply/demand impacts:

1. The mega-renters will probably dump their contracts, flooding the resale market with supply and making values go down.
2. The casual renters will probably get better money when renting their points, as they would no longer be competing with the mega-renters.
3. The customers booking rentals will probably have to pay more due to Point #2. Maybe some of them will buy into DVC which may partially offset Point #1?

In my simplistic view, wait for resale prices to go down, buy a contract, and start renting out your points "casually".

 

[disneylandtour]

I would not personally take on an ownership in which I expected to rent half the points, but then again I would not have done that before this change.

My general sense is that Disney will likely make an example of a few big offenders. And then, over time, through posts shared here and elsewhere, people will have a reasonable sense as to what is and what is not allowed. DVD also has an interesting road ahead--they clearly want to discourage commercial renting, but they don't want to lower new direct sales if the rental restrictions are too severe. So i'd expect whatever this is to be fairly reasonable in the end.

 

[AnnaKristoff2013]

I definitely think that adding and updating the language that cancels can happen where they did is a strong one to allow it....before, IMO, it was buried and not clearly related to personal use vs. commerical use.

I can't say that I agree that we will see a change in availability for owners, especially for the hard to get rooms, but we shall wait and see.....the big test will come when we start seeing the fall bookings begin!

I don't think it's going to be that fast. If they follow in the other developer's footsteps, they'll use targeted cancelations at some of the worst offenders. Those offenders renters will start posting to social media (probably here to disboards too). Those tales will take a while to percolate and depress the rental market generally. Meanwhile those tales also cause some of the mega-renters to sell and exit their positions. I'd expect it to be at least a year from when they actually start implementing it till we start to see changes in availability, maybe longer.

Sooner than that might be a good time to pick up some cheap resale contracts though!

 

[disneylandtour]

I am trying to think of the supply/demand impacts:

1. The mega-renters will probably dump their contracts, flooding the resale market with supply and making values go down....

This has already happened over the last nine months, particularly with AUL and SSR. The flood came in stages starting around October. It will be interesting to see if this causes people to sell a lot more contracts. But my sense is, the wave already happened--now we'll get ripples.

 

[Sandisw]

I am trying to think of the supply/demand impacts:

1. The mega-renters will probably dump their contracts, flooding the resale market with supply and making values go down.
2. The casual renters will probably get better money when renting their points, as they would no longer be competing with the mega-renters.
3. The customers booking rentals will probably have to pay more due to Point #2. Maybe some of them will buy into DVC which may partially offset Point #1?

In my simplistic view, wait for resale prices to go down, buy a contract, and start renting out your points "casually".

If word gets out that DVC has canceled reservations, it could make the renters out there more cautious to go with a private individual over a broker who offers some level of protection?

Plus, that word "casual" could be dangerous now because DVC has indicated the frequent and regular is definitely not personal use.....so, how will DVC what that threshold is??? Hmmm

 

[Brian Noble]

I do feel for the families that spent their hard earned $$ on a once in a lifetime trip and then be told them that there are no rooms for your family to stay at.

For sure. And, to be completely clear, I am 100% speculating that this is coming.

I do not expect anything to change until and unless Disney actually does something. Just having someone check a box is not going to move the needle---at least, it hasn't with Marriott. So don't expect to see a sudden rush to the exits.

Most commercial outfits that were risk-averse have already been thinking about this---it is one of the reasons I suspect that buy-strip-flip seems to be more common, judging from the resale deal flow. They do not have a lot of at-risk capital, because they don't hold a contract very long. Those that aren't as risk-averse will keep on keeping on until they can't.

And that's why I believe the only way to curtail this is going to be on the demand side.

 

[AnnaKristoff2013]

Not saying they might not contact an owner and let them know there membership is "flagged",

That's what happened with Wyndham. Owners who were mega-renting got a letter first warning them to stop. They continued after that letter and then Wyndham started cancelling their reservations.

 

[VGCgroupie]

My general sense is that Disney will likely make an example of a few big offenders. And then, over time, through posts shared here and elsewhere, people will have a reasonable sense as to what is and what is not allowed. DVD also has an interesting road ahead--they clearly want to discourage commercial renting, but they don't want to lower new direct sales if the rental restrictions are too severe. So i'd expect whatever this is to be fairly reasonable in the end.

Agree, they probably just want it to go back to how it was before social media, 1 or 2 rental brokers that facilitated a rental for a member when needed or a member who had a friend to rent from them. I presume it used to be much harder to rent a room before you could post on social media platforms with thousands of eyes on it daily.

 

[AnnaKristoff2013]

but they don't want to lower new direct sales if the rental restrictions are too severe.

Basically every other timeshare developer has no problem selling direct contracts with resale prices effectively at or near zero, and some with extremely strict renting rules. I don't think DVC is sweating this (and that is why they have things like resale restrictions now).

 

[Sandisw]

I don't think it's going to be that fast. If they follow in the other developer's footsteps, they'll use targeted cancelations at some of the worst offenders. Those offenders renters will start posting to social media (probably here to disboards too). Those tales will take a while to percolate and depress the rental market generally. Meanwhile those tales also cause some of the mega-renters to sell and exit their positions. I'd expect it to be at least a year from when they actually start implementing it till we start to see changes in availability, maybe longer.

Sooner than that might be a good time to pick up some cheap resale contracts though!

Sorry...I meant for availablity impacts for the Fall 2026 books as we are well past the window for Fall 2025 bookings...

If these mega renters are now on notice...and they are....then we should see impact (if there was going to be any) this coming fall....because they won't be taking it.

Then again, I do not think that renters out of the market will make a meaningful difference in DVC booking availablity at all for those really popular rooms....

 

[AnnaKristoff2013]

Sorry...I meant for availablity impacts for the Fall 2026 books as we are well past the window for Fall 2025 bookings...

If these mega renters are now on notice...and they are....then we should see impact (if there was going to be any) this coming fall....because they won't be taking it.

Then again, I do not think that renters out of the market will make a meaningful difference in DVC booking availablity at all for those really popular rooms....

Well, I'm suddenly feeling a lot better about my ability to use my SSR points to book a 1 bedroom preferred view at Bay Lake Tower over Christmas/New Years week in 2026 anyway.

 

[disneylandtour]

Basically every other timeshare developer has no problem selling direct contracts with resale prices effectively at or near zero, and some with extremely strict renting rules. I don't think DVC is sweating this (and that is why they have things like resale restrictions now).

I think there's going to be some issues here. A long time ago--maybe around 2015--a guide tried to sell me a contract saying something to the effect of, if you get more points than you need, you can rent the extra points to cover your member fees, making all of your stays free moving forward. I'm pretty sure I wasn't the only one who got this pitch. Again, not a fan of renting, but I see some larger issues here.

 

[AnnaKristoff2013]

I think there's going to be some issues here. A long time ago--maybe around 2015--a guide tried to sell me a contract saying something to the effect of, if you get more points than you need, you can rent the extra points to cover your member fees, making all of your stays free moving forward. I'm pretty sure I wasn't the only one who got this pitch. Again, not a fan of renting, but I see some larger issues here.

Every timeshare developer does that. Wyndham still does that in its sales pitches even though its a lie and they will suspend your account if you rent commercially. "Mere puffery & sales talk." Unless it's in your written contract (It's not), then it's meaningless.

 

[DonMacGregor]

While this is great for us I do feel for the families that spent their hard earned $$ on a once in a lifetime trip and then be told them that there are no rooms for your family to stay at.

I would suspect that there would be a moratorium on any reservations made before 6/1. If that aspirational family trip is on a reservation made after 6/1, where the member had to click on that check box, then the disappointment sits squarely on the member.

 

[disneylandtour]

Every timeshare developer does that. Wyndham still does that in its sales pitches even though its a lie and they will suspend your account if you rent commercially. "Mere puffery & sales talk." Unless it's in your written contract (It's not), then it's meaningless.

I hear what you're saying. But repeated pitches from paid company representatives as an inducement to purchase may not be meaningless here. Especially if one person recorded it. BTW, I didn't buy that contract from the guide.

 

[VGCgroupie]

I think there's going to be some issues here. A long time ago--maybe around 2015--a guide tried to sell me a contract saying something to the effect of, if you get more points than you need, you can rent the extra points to cover your member fees, making all of your stays free moving forward. I'm pretty sure I wasn't the only one who got this pitch. Again, not a fan of renting, but I see some larger issues here.

Im sure there is a disclaimer in the terms that says DVC isnt responsible for anything a guide told you.
Edit to add: maybe this is why guides call back when you email them rather than respond in writing

 

[xdan0920]

The smile on my face right now….