Tatebeck
I Can Go The DIStance
- Joined
- Dec 3, 2023
- Messages
- 1,799
I don't think they will try to do this, even though the language exists in the newer contracts. This would not do much of anything to stop the true large point owning members using their contracts as a commercial enterprise (unless the owners/operators of the third party rental sites themselves are actually owning contracts to rent out).DVC can easily do just the "low hanging fruit here" and go after anyone using a third party commercial service that rents their points for them. DVC can claim the use of a commercial company to rent an owners points violates the agreement. This wouldn't stop people from renting out points themselves on " wastebook" or any other message board but it would severely cut back on it since people would have to "trust" a stranger and hope not to get scammed. In addition to that most people I would assume pay the commercial sites for the rentals using credit cards so they have some protection and can pay back over time for that vacation but I am sure not many people would or have the ability to accept credit card payments.
If they are then obviously that should be stopped as that is against the terms. But if they are just renting out points/reservations from other owners/members as they say, then I would hazard to guess that most of those members using those sites to rent out their points are doing so more as part of their "personal use" than the large point owners commercially renting.
Those sites take a cut themselves (they pay the member one fee for their points, then sell the reservation/points for probably 4-8 dollars more per point to the final renter), so if a large commercial renter who owns say 4,000 points decides to use one of those sites to rent out their points every year and the site upcharges $5 per point for that cut, then that large point owner is losing out on $20,000 of profit per year or more. That would make them seem like they are NOT a commercial renter if they are not trying to maximize their profits and renting their points for as much as they can get.
So I think that the third party sites are safe at least for now (as long as they don't/stop buying contracts to rent out themselves) unless all of DVCs early attempts to curb commercial renting fail, then they may look to these sites eventually.