Renting DVC Points From Family???

[TheR3dH3ad]

My husband and I are planning to rent some DVC points from my mother-in-law (she would gift them to us, but we prefer to rent them from her). I have been looking around on the boards and it looks like the average point rental is anywhere from $13-$17 per point. Does anyone have any experience renting from family? If so, what did you pay per point?

 

[bobbiwoz]

Some people rent to family for the maintenance fees paid on the points.

Some people,( like me) gift, no charge.

What do you want to do? Is there a reason you won’t accept the gift?

 

[LSchrow]

rentals thru a Rental Company can be as low as $19 per point (non-premium resort/ inside of 7 months). Private owners prices vary, again upon resort & time frame ($13 would likely be points only usable soon, within a very short time frame, when availability is severely limited). In general, $16 - $19 is average for a private rental.
For my brother & SIL, I ask just for the Maintenance fees (they use about 300pts every other year, & are very financially stable - this arrangement is fair to both).
I don't charge anything for our own children (who go at least twice a year), and friends/family on limited income (for occasional trips).
I get the impression it would make your MIL happiest to gift the points to you (as parents do ) - is there any way you could just accept them, and then maybe get her a thank you gift to show your appreciation?

 

[Chuck S]

Like bobbiwoz, I gift to family and friends, but if you feel better about paying, I think the maintenance fees for those points is a reasonable compromise.

 

[CanadaDisney05]

I'm renting to my sister for an upcoming trip at around $10 USD/pt. I figure that was roughly my cost (purchase price + maintenance fees). Don't want to profit off of my sister, but I also don't have the means to just gift them a $1,200 USD vacation.

 

[cvjw]

We just rented out some of our points to dh’s sister. We charged her what we would’ve gotten from David’s if we used his service. We were going to rent them out regardless to put the money towards a Disney cruise. It saved her some money and us some aggravation.

In the past, we have just gifted points to closer family members when we had extra. We have since sold half our points, so we don’t have any extra points anymore

 

[TheR3dH3ad]

Some people rent to family for the maintenance fees paid on the points.

Some people,( like me) gift, no charge.

What do you want to do? Is there a reason you won’t accept the gift?

Paying for the maintenance fees is a great idea! Thanks! It's not that we won't accept the gift, she has gifted us points in the past, its just that we want to help her recoup some of the money she has paid into it.

 

[TheR3dH3ad]

rentals thru a Rental Company can be as low as $19 per point (non-premium resort/ inside of 7 months). Private owners prices vary, again upon resort & time frame ($13 would likely be points only usable soon, within a very short time frame, when availability is severely limited). In general, $16 - $19 is average for a private rental.
For my brother & SIL, I ask just for the Maintenance fees (they use about 300pts every other year, & are very financially stable - this arrangement is fair to both).
I don't charge anything for our own children (who go at least twice a year), and friends/family on limited income (for occasional trips).
I get the impression it would make your MIL happiest to gift the points to you (as parents do ) - is there any way you could just accept them, and then maybe get her a thank you gift to show your appreciation?

Thank you for the information about dollar ranges, I really appreciate it! Yes, she does like to gift them to us so maybe paying for the maintenance fees is a better way to go.

 

[TraderSamWDW]

Personally I would offer 13-14 per point. I would at the very least pay the maintenance fees, but that's just me, I hate accepting gifts, and do not think people should really 'lose' money for helping me out.
Of course, I am gifting some to a sibling and not asking for a penny (but its a surprise, and other factors are in play)

So my opinion is anywhere between the maintenance fees and 14 per point is a workable range that could be considered fair

 

[TheR3dH3ad]

Like bobbiwoz, I gift to family and friends, but if you feel better about paying, I think the maintenance fees for those points is a reasonable compromise.

I agree. Thats a great idea and I would have never have thought of it. Thanks!

 

[MICKIMINI]

If we were to rent to friends I would charge what I get from the broker as I would still be required to pay taxes on the rental. There are family members (both sides of the family) we have hosted in past years (3 BR GV no less) for free that we wouldn't rent to as they didn't appreciate or even send us a thank you note for being their B & B. I still have family members ask if we still own that "Disney thing" that expect us to gift them...sorry, no way. I think $10 PP for close family is appropriate and may make you feel better. We gift our son and DIL (they are at EPCOT today/Poly 4 nts) for a long weekend a year and a family vacation too and it brings joy to us to do it - Disney is meant to be shared. Perhaps write a check and if your MIL refuses you should accept the gift of points and write her a lovely TY note!

 

[Sandisw]

I usually charge only if I am not going on the trip too. If I am, I don’t charge doe others rooms, even if different from mine.

When I do Charge, it’s never more than MFs. I just rented to a friend for one night and just charged her $5/pt.

 

[Hokie2005]

Fair to me is as someone else stated what they would get using a broker. David's currently pays $14.50 for a non-premium resort booking and $15.50 for a premium resort booking. This is based a lot though on my financial situation and knowing that if I let someone else use those points without receiving any compensation, I would have to give up a vacation of my own.

Each person's financial situation is different though and if your MIL is willing to gift them to you then I would certainly graciously accept the gift. Certainly do something to show your appreciation in return though even if it is as simple as having your MIL over for her favorite meal or making your MIL a memento from the trip highlighting the memories her gracious gift allowed you to make.

 

[TheR3dH3ad]

Fair to me is as someone else stated what they would get using a broker. David's currently pays $14.50 for a non-premium resort booking and $15.50 for a premium resort booking. This is based a lot though on my financial situation and knowing that if I let someone else use those points without receiving any compensation, I would have to give up a vacation of my own.

Each person's financial situation is different though and if your MIL is willing to gift them to you then I would certainly graciously accept the gift. Certainly do something to show your appreciation in return though even if it is as simple as having your MIL over for her favorite meal or making your MIL a memento from the trip highlighting the memories her gracious gift allowed you to make.

Those are great ideas. Thanks!

 

[TheR3dH3ad]

If we were to rent to friends I would charge what I get from the broker as I would still be required to pay taxes on the rental. There are family members (both sides of the family) we have hosted in past years (3 BR GV no less) for free that we wouldn't rent to as they didn't appreciate or even send us a thank you note for being their B & B. I still have family members ask if we still own that "Disney thing" that expect us to gift them...sorry, no way. I think $10 PP for close family is appropriate and may make you feel better. We gift our son and DIL (they are at EPCOT today/Poly 4 nts) for a long weekend a year and a family vacation too and it brings joy to us to do it - Disney is meant to be shared. Perhaps write a check and if your MIL refuses you should accept the gift of points and write her a lovely TY note!

The taxes she would have to pay is something that I didn't think about. Thanks for bringing that up!

 

[MICKIMINI]

We always get a beautiful, framed photo taken at Disney with a sweet note - I wouldn't want anything else

 

[Chuck S]

The taxes she would have to pay is something that I didn't think about. Thanks for bringing that up!

If you paid them exactly what the maintenance fees are, there is no profit, thus no taxable income. It has to be documented, of course.

 

[TheR3dH3ad]

If you paid them exactly what the maintenance fees are, there is no profit, thus no taxable income. It has to be documented, of course.

Ah yes, good point!