Payment for transferred/rented points

[snackyx]

I'm sure this has been discussed, but a situation has arise where I have * points that I will not be able to use and want to rent/transfer them. My question: on the Rent/Transfer stickey it states: "NOTE: DVC rules prohibit the transfer of points in exchange for any type of compensation. "

Is this just leagalize? Can I assume members transfer points to another memebrs account for money all the time? What methods of payment are generally used? I assume there is a "trust" issue that arises.

Any help/advice appreciated.

 

[5forDiz]

Most members will handle a transfer of points via 3 way call with MS - the member receiving the points needs to provide MS with their account number & the member transferring the points needs to authorize MS to move them from their account to yours; if there is talk between the members regarding compensation for this transfer MS will void the transfer. Don't know if this is entirely the information you are looking for.

 

[bookwormde]

Technically there is not supposed to be a payment for a transfer, but in practicality it is done all the time, MS just want no part of knowing about it and takes no responsibility if it goes “bad”. Generally 50% before transfer and 50% after transfer is pretty standard.

bookwormde

 

[CarolMN]

Like you, I doubt the transfers are doone without compensation.

Consider those words as Disney's way of telling you they are not going to get involved in any dispute. Transfers are a final and irreversible transaction. If there is any problem with the "compensation", you are on your own to resolve it. Disney will not get involved.

 

[jackson190]

We are trying to rent our points for the first time. Is there a thread already on this site that gives some good advice for this?

 

[thepops]

The Rent/Trade forum should have all the info you need. Start with the stickys first.