help me understand dollars per point to rent

[o.t.4disney]

I can't understand how people came up with the $10 per point figure when they rent out their points. Can you help me out.

Here is my example: 4/16/04-4/23/04 for a one bedroom at Beach Club 270 points. If I rent them out for $10.00 it comes to $2700.00
The rack rates are $3225.00
Booking through Disney.com $512.00 per night@7 nights $3584.00 plus tax

Are we not charging enough for our points?

 

[Chuck S]

Booking cash nights through Disney includes daily housekeeping. There is also an element of trust required by both parties ina point rental transaction. The price per point on a rental transaction is fully negotiable. If you can get someone to pay more than $10, you are welcome to do so.

But, $10 seems, at the moment, to be the average rate. At $10 it is more than 2x the annual dues per point for any resort, and most folks aren't into renting "for the money". Personally, if I ever rented my points out and if the dues were at the level they are now, I'd be fine with $10.

 

[Dean]

I agree with Chuck other than I think the price has edged up somewhat. There is also the idea that Disney has "rented" the points back at $10 pp in most cases, $5 in some and $15 in others, but mostly $10 with Magical Beginnings. I'd say that around 50-60% of rack rate and $70-80% of discount rate is reasonable overall.

 

[DVCcollector]

When we bought at HHI they offered us 13.00 a point buyback so when and if we ever have to rent out our points we rent them for 12.00 a point why take 10 when people are willing to pay more.