I have read many posts about rental rates...............

[bongo59]

i dont................the edit really did not change the premise.

 

[tmt martins]

I think the MOST renters are some of the problems with DVC entirly.

They have lots of points and ty up most of the desired weekdays .This forces regular DVC folks to split stays,move or go on waiting list.

I know this is the SYSTEM I bought into but it's the fact as well Look at all the prime weeks that are up for rent or on E-bay.

Your points are your points rent them for what you want but to come on here and blast your follow DVC renters for not following suit and Blasting anyone with anyother opion is the reason you will most likely be stuck with your $14 points.

I bought in on the baises of points I need for my enjoyment and when I need more (family & friend ) I would like to think I'm helping one of my fellow DVC's and rent at a reasonable price some points to make up the difference.

It sounds to me you are trying to raise the point for your own benifits if not you would just start raising your own prices slowly and not ask for an across the board 40% jump sorry prices havent risen that much.

I also think you went to your loyal renter and said no more free lunch and they said thank you but no thanks I will just go to the boards and rent at $10.

This is my 2 cents and with 998 more I can go and rent a point

 

[bongo59]

i think i was not blasting anyone...........i was asking for opinions.............as for me wanting this for my own benefit...............trust me that is the farthest thing in my mind.....i dont need the money.............i have over 2000 points for gods sakes.........................We only rent when we wont or cant use the points............truthfully i wish renting was harder to do than it currently is because i do think it dilutes the total DVC benefit.

 

[DrTomorrow]

Fine, bingo, er, bongo - you want opinions, well here you go.

Owner-to-renter prices have NEVER been officially "set". There have been some other situations that provided the $10 figure, but no one every said "This is the official per-point rental price."

I think that any group of people getting together to artificially (and potentially illegally) fix prices is behaving in a morally questionable manner.

I think that prices are right where they should be - right where the supply and demand of hundreds of renters & 'landlords' put them.

I think that you are in error when you assume that the primary goal of everyone who rents out points is to maximize the profit on those points.

As for your price-fixing attempt - good luck in prison!

IMHO - YMMV

 

[tmt martins]

your post leads me to believe that my premise was right..............DVC members are the problem.................

Your right saying we are the problem is not BLASTING.

 

[bongo59]

interesting so far...................

 

[bongo59]

Your right saying we are the problem is not BLASTING.

you are completely offbase.................DVC members post threads here for the last 6 months complaining about the rental price going now.................I point out that "they are" the ones who are setting this price..............and now your telling me that I am blasting folks..............no I am pointing out the obvious.

 

[mamatojon]

But "manufacturers and service providers" do not meet as a group of business to discuss raising prices...it is an individual decision for that company based on what the market will bear. You are suggesting that DVC owners, as a group, raise prices to a basic "minimum average" of $14. Besides, since renters would probably not see value in $14+ per point (even for OKW in low season that is $112 for a weeknight studio), then considering they get daily housekeeping through a CRO ressie, which would add $25 to the DVC ressie...then any promo code CRO may be offering, it starts to look like not such a great "deal" for a studio vs. a stay in a moderate for the average person. Then add weekend points for folks that want to stay a full week, and the perceived value is gone.

I completely agree with this. There is also the issue with a private contract/sale with a stranger. We had the option of renting a villa before we bought DVC and we chose to instead get a Ft Wilderness Cabin direct from Disney. I know that there are people who choose to pay more direct to Disney for the villas too, even when they know that you can rent them from a member for less. To them, there is value in doing business with a large company that has a reputation as well as much more lenient cancellation/deposit requirements. I placed a huge value on this, and I know that other posters have indicated as such too. For that reason and the ones stated above by Chuck S I don't think you will ever get rental rates on par with Disney room rates, people simply place enough value on what is missing from a DVC rental to pay moderate rates at maximum.

Someone mentioned Ebay - maybe you should try there. I know people will buy things on Ebay that are much more expensive than you can get elsewhere. I was just looking for leapsters and the going top bids were about 10$ more than Target has them for with 10$ shipping - I think people think ebay=deal and they don't really do their homework.

 

[Chuck S]

...truthfully i wish renting was harder to do than it currently is because i do think it dilutes the total DVC benefit.

I always thought the "benefit" was in using your own points for your own vacations, or the vacations of your friends and family. You see, the "value" in DVC is not in constantly trading to exotic locations or cruises, but in using the DVC resorts for your own personal vacations and making magical memories to last a lifetime.

 

[jodifla]

OK, here's what I think: The price of rental points is held down by the risk factor involved.

People who rent are afraid of the possibility of being taken by unscrupulous DVC owners. Getting a "deal" I think mentally helps them take the risk of renting, as opposed to dealing with CRO.

 

[bongo59]

i honestly have not thought about that angle at all................good point.

 

[JeepOnRock]

mel or me..............in case you have not noticed the price is already fixed based upon DVC history not their prices, no one really knows what the market will bear.................... I think it needs to be repaired..........and I dont think this should be in the renters forum...............I think it is a reasonable debate for DVCer's only.................not renters or non members...........and if you read the last line of my original posts.............it asks for your opinion.............I am guessing by your post..............you like the response, "too high, leave it alone".....................which is fine.

It looks pretty obvious to me that the market HAS established a price. It seems to be about $10/point. We are renting points for s January visit, and $10 was the break point where we would or would not rent the points. Efficient market theory at work.

As to all of the members getting together and setting a price... are you familiar with collusion? Creating a cartel and refusing to sell your product below a specific price IS price fixing. There could actually be a lawsuit over that type of arrangement.

I've read through your posts, and I am finding them almost humorous. You've said that market forces have not set the price, >>Bongo said, ".it was that the market has not really set the price it has been set by history and precedent.............not market forces<< but even a rudimentary understanding market forces would include history and precedent.

If you think that anything less than $14/point is less than you are willing to offer, then set YOUR price. Others may or may not see fit. I think that there are many others that realize that they are holding a perishable product, and if it isn't used before it expires, it becomes valueless. With that in mind, unless there are a preponderence of members that are willing to get NOTHING for their points in order to try to reset the markets valuation, you are fighting a losing battle.

Lastly, if you look at the maintenance fees, you will see that the rental cost is generally about 2.5 times that rate. I would bet (I haven't researched it) that the rental rates will stay about the same multiple. Market forces are VERY hard to buck. Unless you can control a majority of the commodity, you will have a hard time affecting the price. In this case, since the commodity expires and drops all value, you will have a hard time gaining control of even a meaningful percentage.

 

[tmt martins]

I would like to see DVC set a dirrerent time frame for renting .

DVC members 11mo home 7 mo others

Non DVC 6mo home 2mo others.

This would have to be put into the system somehow to stop people from switching Ressies at the last minute into the renters name but I think it would solve alot of the availibilty issuses for DVC members.

 

[bongo59]

agree 100% with that.

 

[Chuck S]

I would like to see DVC set a different time frame for renting .

DVC members 11mo home 7 mo others

Non DVC 6mo home 2mo others.

This would have to be put into the system somehow to stop people from switching Ressies at the last minute into the renters name but I think it would solve alot of the availibilty issuses for DVC members.

I agree in principle, but I think enforcement would be difficult, if not impossible.

 

[tmt martins]

I agree in principle, but I think enforcement would be difficult, if not impossible.

Yes just wishful thinking .

I might also add that most of my planing can be done at 11 months and I love SSR .
I want to stay at all the DVC's but a quick check at the 7 month window will also work.

 

[kidskid]

MAybe 10 is too cheap

 

[sssteele]

See my post regarding dues increases. If others are "lowballing" you by renting points at below your defined "market value", then your "market value" is "above market". If I wanted to rent my points above $10/point, I might first try to rent to those who are unaware of "current market conditions.". Family, friends? Won't rip "them off", but $12-$14 could be consided a "bargain," so I could still maintain my flexible ethical standards- I saved them money, but they could have done better? Would I probably have caved, and rented at "market price" of course I would, because that's the way my conscience seems to work. Oh well.

 

[sssteele]

See my post regarding dues increases. If others are "lowballing" you by renting points at below your defined "market value", then your "market value" is "above market". If I wanted to rent my points above $10/point, I might first try to rent to those who are unaware of "current market conditions.". Family, friends? Won't rip "them off", but $12-$14 could be consided a "bargain," so I could still maintain my flexible ethical standards- I saved them money, but they could have done better? Would I probably have caved, and rented at "market price" of course I would, because that's the way my conscience seems to work. Oh well.

 

[DrTomorrow]

I would like to see DVC set a dirrerent time frame for renting .

DVC members 11mo home 7 mo others

Non DVC 6mo home 2mo others.

This would have to be put into the system somehow to stop people from switching Ressies at the last minute into the renters name but I think it would solve alot of the availibilty issuses for DVC members.

That's opens up a lot of new problems. Since the ressie is only controlled by the owner, how would you - and DVC - distinguish between my renting my points to my SIL and my gifting them to her? My son isn't DVC - so I have to wait until 2 months before his wedding date to get a villa at OKW for his honeymoon? No thanks!!!

As I think of it, your suggestion would devalue the points of DVC owners who rent - I bet that there wouldn't be many owners-who-rent that would sign up
for your DVCers Against Renters exclusionary movement!