Rent vs Transfer DVC Points

[Bakerteam]

I have a few questions in regards to Renting points vs transfering points.

Is it more beneficial to Transfer points rather than renting them?

Can you get more per point if you transfer vs rent?

What are the pro's and con's between the two?

Thanks!

 

[browniemtb]

Transfers tend to be quicker and once done its done. There are no reservation changes or other booking changes that may occur with a point rental.

 

[bookwormde]

As said transfers are one simple operation and your done, on the average it seems that transfers bring a small discount to renting. Maybe because there is a much smaller pool of people you can transfer to (DVC members only), because they are less work and liability, and often they clean up all remaining points where as with renting it is not uncommon to have a few straggler points left over.

bookwormde

 

[Deb & Bill]

There are some technicalities that you need to be aware of as a new member. According to the Public Offering Statement, no compensation is allowed to conduct a transfer from one member to another. Could be very neat, but then the previous owner of those points would have nothing but a good feeling about letting someone else use those points.

You are allowed either one transfer in or one transfer out per UY per contract. So you can't plan on transferring a small amount to or from multiple members. You can only do one transfer, either in or out.

 

[RobDoc]

There has never been a report of any member having a problem from DVC about transferring points and being paid. While there is language in the documents about not receiving payment for points, there are certainly ways to legally receive compensation for transferring points. Just be aware that if there are any problems with either the transfer of receiving payment, MS will not assist because of the wording in the POS and because a transfer is a final transaction.

If you were to transfer points and not recieve payment, the points are gone without recourse. If you were to pay for points to be transferred and they were not, you will not have any recourse thru DVC to receive payment (but may some other legal recourse).