greenban Poll: Which is worse?

[greenban]

Dear fellow DISers:

Please read this and allow it to sink in for 3-4 seconds before you reply, I'm looking for a response that has been thought upon, not an instant, gut-feeling response. (No there is nothing wrong with your/my gut feelings, just looking for a different reply in this poll.)

SO....

Which is worse?

1) Commercial Renting - Meaning prebooking primetime dates, hoping for a later, 'sold-out' sale.

2) Renting for Profit - Meaning a little extra cash for MFs, Buying the DCL instead of point booking, etc.

3) Renting for less than $10.00 a point.

Have at it!

-Tony

ETA: This is my most confusing poll ever, apologies in advance!

 

[Oreo Cookie]

I voted for commercial only. The POS allows renting, so I have no problem with that.

I've never rented my points, but you never know what the future holds, so someday I may. Also, if I were renting my points I would want to get the most $$$$$ I could for them.

 

[Steamboat Bill]

I love this poll...but there are too many choices. How about breaking polls up with a max of 5 choices?

 

[4mcbjCtr]

Commercial and below $10 per point for me.

I personally in the future want to be able to rent out enough points to pay my maintenance dues. I guess this is considered "for profit", so I am not against that at all.

 

[DVCconvert]

Commercial and below $10 per point for me.

I personally in the future want to be able to rent out enough points to pay my maintenance dues. I guess this is considered "for profit", so I am not against that at all.

My thoughts exactly. (and that's how I voted too)

 

[lisareniff]

I voted 'commercial only'. Prebooking dates affects how most families may use there points. I wanted to put 'less then $10 per point' at first but realized that was really only my opinion that is chould be more and not really BAD.

 

[CarolMN]

I voted 'commercial only'. Prebooking dates affects how most families may use there points. I wanted to put 'less then $10 per point' at first but realized that was really only my opinion that is chould be more and not really BAD.

Respectfully, "prebooking" affects only those families who cannot/will not book 11 months in advance. Other than perhaps occasionally for standard view or Boardwalk view at the BWV, I've not heard of anyone being shut out if they book at 11 months.

Tony - As long as everyone is subject to (and follows) the same rules, I don't think renting of any kind is "bad", so I didn't vote. FWIW, I have never rented and don't anticipate ever having to rent or wanting to rent. It doesn't bother me that other people do - no matter why they do it. Again, that assumes they are renting "legitimate" points.


I have always bemoaned the fact that DVC allowed the status of transferred points to be magically transformed into another home resort and use year. I am glad they are finally doing something to stop it.

If it were up to me, I would allow unlimited point transfers in both directions - but only between like home resorts and like use years.

Best wishes -

 

[greenban]

Respectfully, "prebooking" affects only those families who cannot/will not book 11 months in advance. Other than perhaps occasionally for standard view or Boardwalk view at the BWV, I've not heard of anyone being shut out if they book at 11 months.

Tony - As long as everyone is subject to (and follows) the same rules, I don't think renting of any kind is "bad", so I didn't vote. FWIW, I have never rented and don't anticipate ever having to rent or wanting to rent. It doesn't bother me that other people do - no matter why they do it. Again, that assumes they are renting "legitimate" points.


I have always bemoaned the fact that DVC allowed the status of transferred points to be magically transformed into another home resort and use year. I am glad they are finally doing something to stop it.

If it were up to me, I would allow unlimited point transfers in both directions - but only between like home resorts and like use years.

Best wishes -

CarolMN:

Thank you for your thoughtful reply. Please feel free to vote "Others" as you have already offerred your thoughts!

I'm all for inclusion, don't-ya-know?!?

 

[Ksp]

I voted "commercial is bad"--- although I pondered the "under $10pp" option also.

IMO-- I don't like the idea of people booking holiday/popular times at the 11 month window and then offering them up for sale -- if they want to go themselves every year at those times, great --that's what DVC is for; but buying them just to rent out year after year -- no, I don't go for that.

I like that we have the option to rent out our points, so I wouldn't want to lose that. Who knows if we may need it sometime in the future?

We've never rented out any of ours, but I could see doing it to cover maintenance dues.

 

[MinnieGirl33]

I voted Commercial then <$10.

We have always booked at 11 months however, with our kids getting older, school/sports/social schedules may come into play more. If I decide to subject our family to the insanity of Easter break one year, or need to wait til 6 or 7 months out & I can't get a ressie because some "company" has pre-booked for renters that may or may not exist & who, IMO, are working the loopholes to get what we pay for at a song then I am going to be pretty p***ed.

I think Commercial renters violate the spirit & true intent of DVC.

Secondly, I think the rental rate should be closer to what the rack rate (or even AAA rate) is at the time. I think that would do away with alot of freeloaders.

JMHO.

 

[bavaria]

I voted 'commercial is always bad; Tony is always good'

 

[sjdisneywedding]

Not too happy with the commercial aspect of all this

I dont mind below $10pp, if they dont want to maximize what they bring back from renting then thats their problem--if you are renting and these rates hurt your profits-sorry that doesnt bother me either. I view renting as a nice option when you cant use your points a certain year. I dont view renting as something that should be done for income.

 

[jdg345]

Does 'For Profit' mean to cover costs of DVC, or would 'For Profit' be considered to cover all costs and then some (Net Gain) ?

 

[greenban]

I voted 'commercial is always bad; Tony is always good'

Thank you dear Bavaria, I honestly LOL'd at that, you have made my day for me and I thank you!!!

-Tony

 

[greenban]

Does 'For Profit' mean to cover costs of DVC, or would 'For Profit' be considered to cover all costs and then some (Net Gain) ?

That was too hard to define, and part of the reason I stayed vague.

I would suspect that the IRS and many accountants would consider profit to be income exceeding expenses (Purchase, MF's, etc).

I would suspect that some here would consider profit anything above: Cost of Points / # of years owned + MFs.

Others will no doubt have other explanations.

What I was going for, again not clearly defined), Commercial is a business of renting points, For Profit is renting points for some reimbursement, and Under $10.00 renting is unspeakable in mixed company.

What is your definition?

-Tony

 

[pixiechick]

I voted "commercial is bad"--- although I pondered the "under $10pp" option also.

IMO-- I don't like the idea of people booking holiday/popular times at the 11 month window and then offering them up for sale -- if they want to go themselves every year at those times, great --that's what DVC is for; but buying them just to rent out year after year -- no, I don't go for that.

I like that we have the option to rent out our points, so I wouldn't want to lose that. Who knows if we may need it sometime in the future?

We've never rented out any of ours, but I could see doing it to cover maintenance dues.

That's how I approached this too. And while under $10 wouldn't be my hope, if it was the only $$ I could get and I had to rent--what's a girl to do?

 

[CoolDisneyCat]

Respectfully, "prebooking" affects only those families who cannot/will not book 11 months in advance. Other than perhaps occasionally for standard view or Boardwalk view at the BWV, I've not heard of anyone being shut out if they book at 11 months.

Another problem here is when a DVC family wants a GV and the home resort does not have them. I own at BCV and if I want a GV, I have no choice but to wait till the 7 mo. window. So, commercial use could effect me in that regard if the GV were booked.

I voted "bad commercial and below 10 bucks a point." I see no need for people to stay in our villas for a rate way below rack.

 

[CarolMN]

Another problem here is when a DVC family wants a GV and the home resort does not have them. I own at BCV and if I want a GV, I have no choice but to wait till the 7 mo. window. So, commercial use could effect me in that regard if the GV were booked.

I voted "bad commercial and below 10 bucks a point." I see no need for people to stay in our villas for a rate way below rack.

Again respectfully, if someone chose to buy at a resort that does not have Grand Villas, then his/her points are the same as anyone else's who books at 7 months and wants to stay in a GV. You take your chances and hope to get lucky - along with everyone else who is booking at the 7 month window.

Assuming the "commercial" renters have points at the "Grand Villa resorts, they have the right to book prior to 11 months. If that results in all the Grand Villas getting booked prior to the 7 month mark, then so be it. That's the way DVC works.

I hate to be defending the "commercial" renters. I don't like the practice of booking multiple rooms for popular times "on spec" either. That said, except for the home resort booking advantage, I don't think any owner is entitled to an advantage over any other owner. As long as owners are only using home resort points to book before the 7 month window opens, it doesn't matter to me why they are booking.

Best wishes -

 

[simzac]

I believe commercial renters are renting for a "profit", thus I voted for those two. JMO

 

[Plutofan]

Our family consists of 10 -12 people going to Disney each year. This is sometimes the only opportunity that we get to see everyone during the year. Since we prefer to stay together and we love to try out different resorts we decided to buy points at multiple DVC resorts so that we could get the Grand Villas. It is almost impossible to get Grand Villas if you do not have points at that resort. Since we own at multiple resorts and can only vacation for two weeks a year we always have points left over to rent. The bottom line is that we took everyones advise to buy where you want to stay and we rent out the extra points. I hope that people do not look down on us since we rent out points. Our kids Grandmother is 72 and she would be heart broken not having everyone together and we enjoy our vacation so much more staying together. When our kids get married we will be using all the points ourselves with no need to rent out points. So there are valid reasons to own to many points other than renting for a profit. After paying taxes and mortgage interest it is very difficult to make any profit on your own DVC points.