Rental Rates/Concerns

[d-r]

ITA. And I am willing to bet that Disney (via CRO) rents out proportionally more Friday and Saturday nights to the general public for cash than it does Sundays - Thursdays. In my experience, non-DVC members (especially those within driving distances) prefer weekends over weekdays. Many stay over the weekends on both ends of the trip.

I agree that this is probably true, and - this is a different topic - but I think this has an impact on how are points are "valued" by Disney. Remember that CRO books rooms based upon points that members use for things like cruises, non-dvc disney resorts. Often, CRO rents rooms at a discount. Plus, the weekend nights they probably rent more of use more "points." So the cash value they are getting per point is lower than "we" value it as. So, the number of points that they charge for the cruises and non-dvc resorts is higher than we feel the value is. That's how I think it is working out.

Also, back to the point of this thread, I agree 100% that points should be rented for "what the market bears," but I also think that sometimes we as dvc owners may overestimate what the market is if we use rack rates, as someone already posted there are often rates for less. But, the market is the market.

 

[AFMom]

MSDIS, I feel your saying that some are ok with "sleezy" is very inappropriate. While it's great to voice your opinions - and you're certainly entitled - offering insulting remarks on this board is uncalled for.
As for my opinion, I can't see the "sleezy" side. Anyone who takes a vacation should do the research as to what they are spending their money on. If they don't, and pay more than they could, say, on the rental board - well, that's their perogative! Just as it's the owner's perogative to rent their points for whatever they feel is worth their money spent, time, effort, and risk.

 

[Dean]

Originally posted by msdis
Some people are ok with sleezy I'm not

What is sleazy? Reserving time using points one owns is within the rules and I see nothing sleazy about it. What I'm not OK with is people telling other people what they can and can't do with their points when it's within the rules. We can have another long discussion as to exactly what the rules are if you like.

 

[DIZNYFAN]

Sleazy that is a good one. I rent points out when I can't use them etc and I have used the rent trade board and some other avenues. I find the people on the rent trade board are looking to spend as littl e as possible for points so I try not using it. I can get 15-19 dollars a point from other places and why shouldn't I be able to. As it has been stated by others they are that persosn points to do with as they see fit within the rules you don't like it don't do it but just because you don't like it doesn't mean people who do rent are sleazy. My inlaws were renting out points and they had someone want them to transfer all thier points to them for 8 or 9 dollars a point I am sure they were going to rent them out for more than that so I told them not to do it. Within 24 hours I had all of their points from this year and next rented at 13.50 a point.

 

[AFMom]

The only place I know of is the rent/trade board. We'll need to rent out our 2004 points, and would love to get a bit more per point! Hey - this ain't cheap. DIZNYFAN, would love to know how you rent your points. PM me if you'd rather - I know this is more a rent/trade board thing. Thanks!

 

[DIZNYFAN]

AFmom we use the office memo board as one way to rent them. We have also used NUTHUT to rent out some of our points. I sent you a message with some other ways of doing it. As for the statement from the OP I find it funny and if it is so bad I really hope they never find themselves in a situation that they need to rent out thier points for any reason.

 

[msdis]

 

[msdis]

 

[Dean]

Originally posted by msdis

Originally posted by AFMom
WSleezy are people taking advantage of others. Read between the lines. The person was making a very selfish sale and anyone who does not understand DVC would not know any better. That's what I call sleezy. You don't see people on the DIS/DVC rent board doing this. And I have seen more than one post where they would have been flamed for all to see if they tried. Would any of you have thought that was a good deal. Not if you wanted it for yourself. It's price gouging and no DVC member here would think it was a reasonable offer. Does the opinion change depending if you are a renter or a rentee? When I rent I want the lowest possible deal but if I'm renting to someone else then it's ok to charge whatever. I wasn't pointing fingers at anyone here. People just jumped to conclusions. Wow, talk about putting a 360 spin on something.

The deal as posted is reasonable. While it may be a little higher than someone could get it on the Rent/Trade Board, it's not above the WDW rack rate. I guess I'm still unclear as to what is different about this ad compared to the rent/trade board. The price is not out of line and people on the rent/trade board also schedule high demand times and try to rent them out, which is also within the rules.

 

[msdis]

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[AFMom]

Who's to say it's not a good deal? And as I said before - if they want to stay at a DVC property, it is the buyers responsibility to do the research. It would take about 1 minute for anyone to google DVC and find this rent/trade site and see how much was being charged here. That's part of being a consumer. Before I did ANYTHING with DVC I researched the heck out of all of my options. Perhaps this person has no interest in using the trade boards and is willing to pay extra for the ease and security of going through e-bay with pay-pals' new financing plans. You have no idea what the bidders are thinking! It's a bit presumptious of you, MSDIS, to assume you know what is best for these people. Perhaps they had a bad experience renting on the boards? It's great to want to help others - that's what I spend most of my days doing- but renting out points has nothing to do with philanthropy! There is no mis-information on the e-bay auctions I've found, no deception at all. If there was some sort of deception, or hidden agenda - fine. But this is all straight forward.

 

[msdis]

 

[Dean]

Originally posted by msdis

Originally posted by Dean
The deal as posted is reasonable.

Would you pay it? Not do you think it is reasonable for someone else. Would you pay it?

If I were not a member and the dates fit my needs, the price would not put me off. Of course if I could get it cheaper I would rather do so. It's not the price but bidding on ebay that would give me pause. Besides, the question is not would I pay it, but would someone pay it. It only takes one person per rental to make it work. As long as it's not over the rack rates, it's not a bad deal.

 

[msdis]

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[AFMom]

OK, I give up.
When I said that renting points for $10 worked well for us - I was sayin that US renting our points to SOMEONE ELSE for $10 worked well for us! I'll admit, I'd love to get $11 or $12, and I see no problem with that. As far as renting points for myself - I've never done it. We've always had too tight a budget to stay anywhere that nice - that's why we bought into DVC to make it possible.
This is my last post in response to any of your posts, this one or in the future on new threads. You can't seem to stop insulting others on this board. These are DISNEY boards - what happened to that sort of attitude? I have responded to you respectfully and without emotion - and haven't insulted you or your opinions.
Since you cannot seem to do the same - have fun. Rip me apart. I really enjoy these boards and don't have the time or energy for you.

 

[LisaSt]

Boy some hostility in here. On the point of renting points I say rent them for whatever you can get for them. We have gotten 12 a point without a problem I am sure you could get even more I wouldn't go down to 10 not worth the time for me to do it. I commend anyone who rents and gets 12 or more for their points why not we paid good money for them so if we can't use them why not get good money in return for them.

 

[Johnnie Fedora]

Originally posted by msdis
Some people are ok with sleezy I'm not

That would make Disney CRO is the biggest sleeze of all then...Right?

CRO rents out more member points than members do. I bet some of the Disney "rentees" get a discount, but some pay rack rate.

It's OK for Disney to maximize profit from member points, but if a member does, they are being sleezy. Double standard.

 

[BriarRosie]

Originally posted by msdis

Originally posted by Dean
The deal as posted is reasonable.

Would you pay it? Not do you think it is reasonable for someone else. Would you pay it?

Hmm. The "buy it now" was listed at $799. If I divide by five
nights, and realize that no tax was involved, I'd say that would
still be a great deal for the Boardwalk Villas.

It's a heckuva lot better than you can get with an AP discount,
and the fridge, microwave, toaster and coffeemaker are
probably a huge incentive for any non-DVCers.

I have never rented out my points, but I don't see anything
wrong with a typical DVC member renting them for a profit.
I might feel uncomfortable if this renter was price gouging,
but more power to him if he finds a bidder and they're both
happy with the transaction.

 

[Dean]

Originally posted by BriarRosie
I might feel uncomfortable if this renter was price gouging, but more power to him if he finds a bidder and they're both happy with the transaction.

It's a $160 per night, and this seller has 360 reviews with 100% positive. While it's not for certain whether it's a standard or preferred view, I don't believe WDW charges any differently for them anyway. The fact they are different points is not applicable to most people. I do believe they've priced it too high and suspect it will get no bids, and that is the free market system at work. But it may be that was the intention all along. Some people list things on ebay to generate other contacts. So even if there are no bids, the person may be renting out the points they have at the price they want.

 

[Tagrel]

Just one more opinion in this rather heated discussion.

Many people pay rack rates with Disney because they don't know any better. If it isn't worth their time to do a bit of research, does that make Disney sleazy for not telling them how 'foolish' they are?

Its up to the consumer to do their own homework. This goes from pricing TV's to buying vacations on ebay.

Whos to say the ebay seller even KNOWS about the DIS, or that people here have arbitrarily decided $10 per point is the way to go?

*I* wouldn't pay >$400 bucks a night to stay at the GF, but many people do. Its up to the buyer to decide what is the right price for them.