How Easy Is It To Rent Out DVC Points?

[canopy]

I am very interested in purchasing DVC and would like to do so before I turn 40 if I'm financially able. I know that renting out your points can alleviate some of the burden, monetarily, if you don't plan on going every year or if you have a year where you just can't afford to go.

I wanted to know, how likely is it that someone will rent your points from you?
Has there ever been a time when you tried to rent out your points and were unable to?
Do you find that certain contracts have a higher success rate for renting points?
Do you find that certain resorts have a higher success rate for renting points?

I am really wondering how easy it would be to rent out points because one of the things that makes me feel easier about spending so much money is the ability to possibly make some of it back by renting out my points if I'm unable to go.

 

[Marionnette]

I am very interested in purchasing DVC and would like to do so before I turn 40 if I'm financially able. I know that renting out your points can alleviate some of the burden, monetarily, if you don't plan on going every year or if you have a year where you just can't afford to go.

I wanted to know, how likely is it that someone will rent your points from you?
Has there ever been a time when you tried to rent out your points and were unable to?
Do you find that certain contracts have a higher success rate for renting points?
Do you find that certain resorts have a higher success rate for renting points?

I am really wondering how easy it would be to rent out points because one of the things that makes me feel easier about spending so much money is the ability to possibly make some of it back by renting out my points if I'm unable to go.

Renting is easy and the brokers are always begging for more owners to rent their points out. The biggest demand is for Poly and BCV. There's lowest demand for SSR and OKW.

There may be times when it's difficult to rent out your points. COVID taught us that. So, buyers shouldn't go into purchasing with the mindset that they will own for the purpose of using their points occasionally and renting out most of the time. Your plan to rent once in a while is more reasonable.

 

[drusba]

It mainly depends on how you want to rent. There are good DVC rental brokers who make it fairly easy to rent your points (absent something like the pandemic when rentals cannot be done, and customers can be hard to find even if rentals can be done) because they find the customers, do the necessary contracts and other paperwork, collect the money, and basically all you do to achieve the rental is to make the actual reservation naming the renter and the renter's guests through DVC and possibly do some requests relating to the room that can only be done by the member.

Obviously, going through a rental broker means that part of the rental income goes to the broker, e.g., two or three dollars per point. If you want to be the lone recipient of the entire rental fee, you need to do the rental yourself, which requires finding and dealing with the customers (can be done online, e.g., there is even a rental thread on this site), preparing contracts and getting them signed and rental fee paid, dealing with any requests of the customer, etc. That requires significantly more work than going through a broker but there are many DVC members who take that route.

Though points from any resort are rentable, those from near park resorts, such as the MK or Epcot DVC resorts, can have an advantage for both finding customers and charging a higher price for making reservations in the 11-month window. Also, you should have enough points to rent for stays of multiple days. Having enough to do 5 to 7 nights is likely best, as trying to rent for only a night or two can be somewhat more difficult, although there is also, separate from rentals, the potential to transfer points to other members, who often are looking for enough points to just add a day or two to a reservation they already have, although that market is limited by the rule that you can only do one transfer per use year.

 

[Best Aunt]

If you create an account at DVC Rental Store, you can see the current list of desired resies. I don't think you need to provide proof of DVC ownership to create an account. You also can look at confirmed resies to see how other owners are trying to rent out their points.

On David's website you also can look at confirmed resies.

I would not buy with the intention of renting out. I would not use my money to make that kind of finamcial commitment unless I was confident that I would use the points. It's easy to get wrapped up in it when you spend time here on the Dis. Step away and think it through.

 

[thanxfornoticin]

I would not buy with the intention of renting out. I would not use my money to make that kind of finamcial commitment unless I was confident that I would use the points. It's easy to get wrapped up in it when you spend time here on the Dis. Step away and think it through.

Agreed. It makes the best sense to purchase because you plan to use it for your own vacations. I think many folks had pent up points during the pandemic and renting became a bigger deal (or perhaps I just never noticed before!!). But buy at a place you love and want to stay. In the event a year comes around and you can't get there, renting is a potential option, and could work.

 

[DisneyRegulars]

The last two years I found it super easy to rent out points. I used Davids and rented both points and existing reservations. Since I have SSR points I found it very easy to make some spec reservations at the seventh month mark at more desirable resorts. They were all rented within days of being posted.

 

[RoseGold]

I would never buy points to rent them out at current pricing. The math is razor thin. I would actually do the reverse and rent points if you are going to skip years.

 

[crisi]

Renting points out is USUALLY pretty easy to do. USUALLY there is more demand for points to rent than members willing to rent out their points. During a recession or pandemic....well, when you don't want to go is often the time everyone else is also cutting back. The amount of effort depends on your willingness to use a broker (maybe thirty minutes total work into a broker based reservation) or want to get a little more for your points and rent them out yourself (which might be very fast and efficient, you you may find yourself dealing with a lot of lookers and people who want to negotiate an unreasonable deal or a renter who is needy in terms of wanting you to answer questions, make changes, or give reassurances.

You can look at the brokers that offer premiums for some resorts before the seven month window - those are the resorts that are pretty much always in demand. But those resorts are also a lot more expensive up front, and you may find that you are FAR better off with cheaper up front points that will very likely rent out than expensive points.

As RoseGold said, don't buy TO rent, the margins aren't there and the risk is pretty high. Consider also a contract size that will have enough points - banked and borrowed - for every other year. If you discover your Disney addiction requires feeding more often, you can pay cash, rent points, or stay offsite. But your upfront costs will be half and your risks will be lower. However, if you are looking at studios, its expensive and difficult to find very small contracts and probably not worth it.

 

[canopy]

Thank you all for your answers they were very helpful

 

[McCrae]

I am very interested in purchasing DVC and would like to do so before I turn 40 if I'm financially able. I know that renting out your points can alleviate some of the burden, monetarily, if you don't plan on going every year or if you have a year where you just can't afford to go.

I wanted to know, how likely is it that someone will rent your points from you?
Has there ever been a time when you tried to rent out your points and were unable to?
Do you find that certain contracts have a higher success rate for renting points?
Do you find that certain resorts have a higher success rate for renting points?

I am really wondering how easy it would be to rent out points because one of the things that makes me feel easier about spending so much money is the ability to possibly make some of it back by renting out my points if I'm unable to go.

Normally when I have rented points through David’s it takes just a few hours from when form is submitted and agreement is reached. I have never tried to rent distressed points. The longest it has taken is a week.( I only had a small number of points to rent.) I own at BLT. Renting is easy, but I wouldn’t buy points on the assumption I could rent. Who knows what changes could happen over the life of a contract.

 

[Masterbetatesta]

I've rented out points here fairly easily. Usually within days of when it's posted.

 

[DVCanadian]

I am very interested in purchasing DVC and would like to do so before I turn 40 if I'm financially able. I know that renting out your points can alleviate some of the burden, monetarily, if you don't plan on going every year or if you have a year where you just can't afford to go.

I wanted to know, how likely is it that someone will rent your points from you?
Has there ever been a time when you tried to rent out your points and were unable to?
Do you find that certain contracts have a higher success rate for renting points?
Do you find that certain resorts have a higher success rate for renting points?

I am really wondering how easy it would be to rent out points because one of the things that makes me feel easier about spending so much money is the ability to possibly make some of it back by renting out my points if I'm unable to go.

When purchasing, if you go resale, one strategy is to find a fully loaded contract, meaning it comes with 3 years of points that you can access right away and then you rent out a number of the points to reduce your buy in cost.

I bought a 250 point loaded OKW contract and immediately rented out 500 points to reduce my buy in cost.

Having the flexibility to fairly easily rent points is a nice plus for DVC owners for those years when you don’t go.

 

[DL1WDW2]

Are you paying cash or financing ?

 

[canopy]

When purchasing, if you go resale, one strategy is to find a fully loaded contract, meaning it comes with 3 years of points that you can access right away and then you rent out a number of the points to reduce your buy in cost.

I bought a 250 point loaded OKW contract and immediately rented out 500 points to reduce my buy in cost.

Having the flexibility to fairly easily rent points is a nice plus for DVC owners for those years when you don’t go.

Wow I never thought about that! Very interesting strategy.

Are you paying cash or financing ?

I was hoping to pay cash, but that may be a bit of a dream more than a reality.

 

[pianomanzano]

Has anyone rented out their points through www.dvcrentalpros.com? Would be great to hear owners' experiences with them. I saw an ad of their company on FB, it looks like they pay out the highest rate to owners, $20/pt for 7-11 months out for most resorts and $18/pt for 0-7 months. Never heard of them before but given that they pay the highest rate for a broker, I'm somewhat intrigued.

 

[Best Aunt]

Has anyone rented out their points through www.dvcrentalpros.com? Would be great to hear owners' experiences with them. I saw an ad of their company on FB, it looks like they pay out the highest rate to owners, $20/pt for 7-11 months out for most resorts and $18/pt for 0-7 months. Never heard of them before but given that they pay the highest rate for a broker, I'm somewhat intrigued.

Generally, when people want to rent out points, they:
a) Use DVC Rental Store, which is: https://dvcrentalstore.com/
b) Use David's, which is: https://dvcrequest.com/
c) Use the Rent/Trade forum here
d) Use Facebook.

The Timeshare Store also does rentals, but they don't do much about promoting it. They are: https://www.dvcstore.com/

I have never heard of DVCRentalPros.com.

 

[pianomanzano]

Generally, when people want to rent out points, they:
a) Use DVC Rental Store, which is: https://dvcrentalstore.com/
b) Use David's, which is: https://dvcrequest.com/
c) Use the Rent/Trade forum here
d) Use Facebook.

The Timeshare Store also does rentals, but they don't do much about promoting it. They are: https://www.dvcstore.com/

I have never heard of DVCRentalPros.com.

Yea I’m aware of all those options and have used or tried to use 3 of those options in the past. I was just surprised at the rates that website was paying out to owners, especially because they charge renters less than what other brokers charge ($23/pt for premium bookings and $21/pt for non premium), so their profit margins are razor thin. On top of that they pay small premiums if you rent out 200+ points through their site. On paper sounds like a great broker to deal with but they seem like a small/unknown broker would be great to hear anyones experience with the site.

 

[gharter]

Due to Covid and missing 2 trips, we had excess points. We used Davids to rent both contracts. it was super easy, minimal hassle to us and I felt we were paid fairly.
Hoping to never need to do that again, but very happy with our transaction.

 

[cm8]

Has anyone rented out their points through www.dvcrentalpros.com? Would be great to hear owners' experiences with them. I saw an ad of their company on FB, it looks like they pay out the highest rate to owners, $20/pt for 7-11 months out for most resorts and $18/pt for 0-7 months. Never heard of them before but given that they pay the highest rate for a broker, I'm somewhat intrigued.

I’ve seen that same AD and I’ve too wondered if anyone has heard or had experiences using it. It’s almost too good to be true!

 

[MICKIMINI]

When buying resale we always try to buy full loaded and rent the excess. We have bought many resales!

Example: 200/2022, 100/2023, 100/2024 UY is important here!

The 200 points would include 100 2021 points which the seller already paid MF's on (make sure you are not paying for those). You can try to negotiate for the seller to cover 2022 points as well since they paid for them in January (or monthly).

You would then get 200 points *free* and can rent at $18 PP, you just made $3600. Of course, it is your responsibility to pay taxes. That $3600 can offset what you paid for the contract. Obviously, the less expensive the contract, the more impact this strategy means for you.

I suggest writing down some scenarios that you might be interested in purchasing to see how it would work out. Starting in 2023 (which you can now borrow 100%) points are available to you for your personal use. Win-win!

Good luck!