interesting dvc business approach. .. thoughts?

[csimonri]

I was on a dvc trip and was in the pool and struck up a conversation with a person that has made a business out of time share but not dvc. They buy time share in foreclosure like Wyndham time share and then they use the cheap points to book at Disney DVC and then once they have the weeks booked they advertise online and people buy well rent their weeks that have been booked. That is more or less the idea I think and now they have lots and lots of weeks at dvc and it has become their main source of income! What does everyone think? Is this a viable business? Do lots of people do this? Is it even a better option then going resale for dvc?

 

[hakepb]

1) it's against RCI rules to rent trades. If DVC found out, they could cancel reservations without notice
2) DVC has changed trading companies in the past (from RCI to II to RCI again). What you buy now might not trade into DVC at all 2 years from now.

 

[dbs1228]

It is against RCI rules as PP said and the way to know if you are the renter is if you have to pay the 95.00 fee at check in. DVC does not have that fee, RCI does. By doing what they are doing is also taking a lot of DVC inventory out of RCI for people who want Disney and do not catch it at the time its posted. I have not seen DVC posted for more then 24 to 48 hours on the RCI sights they are snatched up right away and I am hoping they are snatched up by people who are going to use the exchanges.