Renting DVC Points Website

[Indiana Rose Lee]

And so am I. My service is not for everyone. Heck, there are points available on this board for $8.00 (well below what I pay the members). I cater to guests who are looking for the alternative. So does mikron at $12.00. We all have the same goals, just different ways to acheive them.

David


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well said.

 

[nunzia]

Nope. He will have already verified availability before he sends the note to the members on his list. If nothing is available for the renter, the member won't even know about the request.

All the member needs to do is call MS to make the reservation with the information provided by dvcrequest. Instead of needing to call MS to add an associate, you'd just need to call MS to make a reservation and then send the confirmation information along to dvcrequest so you'd just trade one phone call for another and I think it will be even easier once online booking begins (whenever that might be).

OK..that is even better. Again, not to be a pain, b u t..availability can change very quickly. By the time Dave verifies it, contacts member, member calls to book, I can see that in many instances what WAS available is no loger. Still...if I ever have extra points again (doubtful) I might consider this.

 

[bavaria]

So why do I need Dave. I can just charge $12.00 and save guest money and get all my money at once.

And that is YOUR choice, just as it would be my choice to use his service.

I listed my reasons, and David listed several more. If you don't need or want to use the service, fine. But some of us do find it an option.

Again, I chose to give away my points at no cost rather than deal with all of the steps of renting out my points. My options in future are to use David, or to eventually sell my points, or to again give them away at no cost.

Those are MY choices.

 

[wildernessDad]

I think that the general practice of offering points for 10, 11 or 12 dollars devalues our DVC ownership.

I can see this price if offering it to a relative, but not to the general public.

 

[disneynutz]

I think that the general practice of offering points for 10, 11 or 12 dollars devalues our DVC ownership.

I can see this price if offering it to a relative, but not to the general public.

I agree, but good luck trying to get Members to raise their prices.

Bill

 

[z28wiz]

Thanks very well said. I think you speaking out in this thread comes a long way.

Your point is well taken and to the majority of DIS posters who are experienced in renting their points, I am not a good business model and bring nothing to the table for them.

However, for those members who:

Are intimidated by posting
Don't want to sift through replies every hour or so
Don't want to check availability for a rash of responders who may never reply to their answers, PMs or e-mail
Don't have a rental agreement in place
Don't have any rental experience
Don't have time to banter back and forth with responders
Don't have the time or want to chase a renter for payment


I am the perfect fit for these members. With my service, the member will spend approximately 7 minutes in total to complete a reservation. That's it. The reservation details are sent to them, the availability is already checked, a deposit is already secured, and there is no collection of funds or rental contracts to complete. It is just quick and easy.




And so am I. My service is not for everyone. Heck, there are points available on this board for $8.00 (well below what I pay the members). I cater to guests who are looking for the alternative. So does mikron at $12.00. We all have the same goals, just different ways to acheive them.

David


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[dj~merlin]

i just want to see if i understand this type of business ?

basically all the money exchanges are pre-determined. owners
are given $10 & david resells them for $13. under idea conditions,
he keeps a list of potential buyers that he can resell the points
they need @ a certain dvc resort & room size. once this phase
of the "agreement " is set up, then the buyer pays the money
& no refunds. then the seller is notified, in order to be pay they
must complete the resvs. [ getting around the new dvc changes]
...and if it is prior to the 11mos time period, & during the most
desired times, they begin "walking" the revs. request until they
met the requested times?

and from what i been reading on points site, $10 is a good price.
also there are others doing the same thing, pooling requests
for non-dvc members?

however, there goes alot of rooms that would have been available
for those trying @ 7 mos..& we know for a fact, there were 2 categories
booked before our 11mos window.

if this is accurate, then i would like to see 2 changes. i believe that
unless the person is a dvc family member, then a third group for
the available rooms @ 5 mos.. [ so rooms can be sell but not over the
owners' rights.] secondly, i read about several over the top room abuse.
since that can effect members' dues than there should be better
accountability.

 

[Chuck S]

i just want to see if i understand this type of business ?

basically all the money exchanges are pre-determined. owners
are given $10 & david resells them for $13. under idea conditions,
he keeps a list of potential buyers that he can resell the points
they need @ a certain dvc resort & room size. once this phase
of the "agreement " is set up, then the buyer pays the money
& no refunds. then the seller is notified, in order to be pay they
must complete the resvs. [ getting around the new dvc changes]
...and if it is prior to the 11mos time period, & during the most
desired times, they begin "walking" the revs. request until they
met the requested times?

and from what i been reading on points site, $10 is a good price.
also there are others doing the same thing, pooling requests
for non-dvc members?

however, there goes alot of rooms that would have been available
for those trying @ 7 mos..& we know for a fact, there were 2 categories
booked before our 11mos window.

if this is accurate, then i would like to see 2 changes. i believe that
unless the person is a dvc family member, then a third group for
the available rooms @ 5 mos.. [ so rooms can be sell but not over the
owners' rights.] secondly, i read about several over the top room abuse.
since that can effect members' dues than there should be better
accountability.

What makes you think any of the owners using David's website are walking a reservation?

And another question, on your proposed changed...how would DVC know if the person is a family member or not? Honestly, most people don't even inform MS they are renting, and we are contractually obligated to do so. And define family member? There are a lot of people I consider family that are no blood kin to me.

As far as over the top room abuse, I agree the people responsible (or the owner that rented to them) should be held accountable...but again, the logistics of it are not cheap. It may increase dues more than doing things as they are currently, unless there is a LOT of abuse happening.

 

[RobDoc]

...
...and if it is prior to the 11mos time period, & during the most
desired times, they begin "walking" the revs. request until they
met the requested times?

Where has it been suggested that DVCrequest has participated in "walking" reservations?

and from what i been reading on points site, $10 is a good price.
also there are others doing the same thing, pooling requests
for non-dvc members?

The DIS DVC Rent/Trade Board has been in place for 12 years now, serving as a conduit for members to find renters for their points and $10 has been used $10 as the rental basis for a number of years now. The rental rate is based on what renters are willing to pay and what members are willing to accept for their points. Some members are willing to accept less, others will only accept more than $10. Some renters are willing to pay more and some are looking for the lowest price possible and will hold out for that goal.

however, there goes alot of rooms that would have been available
for those trying @ 7 mos..& we know for a fact, there were 2 categories
booked before our 11mos window.

All villas rented in this fashion are using the points of DVC members and all are within the policies of DVC - who also rents villas at DVC resorts and is the largest renter of those rooms. Members are allowed to make reservations at 11 months for their Home Resort (for themselves, their guests and for rental) and there is no allowance to guarantee reservation availability within 7 months. Many villas are also rented by Disney for cash well before 7 months.

if this is accurate, then i would like to see 2 changes. i believe that
unless the person is a dvc family member, then a third group for
the available rooms @ 5 mos.. [ so rooms can be sell but not over the
owners' rights.] secondly, i read about several over the top room abuse.
since that can effect members' dues than there should be better
accountability.

If you have concerns about the way DVC has been set up since 1991, feel free to send those comments/suggestions to DVC member satisfaction. No rooms are sold out "over the owner's rights". The POS expressly allows members to rent reservations at DVC resorts using their points. "Over the top room abuse" is in the eye of the beholder and I'd suggest that no one has any evidence that it comes from those renting either from members or from DIsney directly. In fact, there has been anecdotal evidence over the years that members (who are undeniably the largest users of DVC villas) are possibly more destructive than anyone renting villas at DVC resorts.

Please report back when member satisfaction sends their reply.

 

[LisaS]

...and if it is prior to the 11mos time period, & during the most desired times, they begin "walking" the revs. request until they met the requested times?

I doubt very much whether members who are renting reservations on demand (as opposed to spec rentals) are interested in doing that much work for $10/point. Very, very few reservations need to be walked. Why rent to someone looking for BLT MK View for New Years Eve when you can rent to many others who are looking for something that will be easy to book?

I believe the "walkers" are those looking for reservations for themselves or are spec renters and neither of those have anything to do with this service.

 

[CarolMN]

There is no big deal except all of a sudden members are not allowed to post looking for reservations but we have a new sponsor where members can do that. Comes across a little too coincidental for some. It doesn't effect me so I've kept my opinion to myself on this (well except for now I guess! )......

Your post struck me as insulting. I am choosing to believe that was not your intent.

With all due respect, sometimes a coincidence is just a coincidence.

The Rent/Trade mods made the decision to eliminate the Reservations Wanted threads. We had been discussing such a change for several months.

We (R/T mods) had no knowledge that the site owner was in the process of working out a sponsorship with Daddio's business. (Nor should we, as we are not site owners or even site employees). We found out the day before the banner ads appeared, which was nearly a month after the decision to eliminate RW threads had been made, announced and implemented.

Again, those who want a DVC reservation can reply to any points for rent thread they choose. Is it a little bit more work to do that than to post a RW thread? Yes. Is it worth it? If you are one of those who believes spec renting is wrong, then your answer should be YES!

 

[TCPluto]

Nope. He will have already verified availability before he sends the note to the members on his list.

And in doing so, tying up member services resources needlessly, for a commercial enterprise.

 

[Chuck S]

And in doing so, tying up member services resources needlessly, for a commercial enterprise.

How is that different from an individual member calling for avalability, contacting the renter to let them know it is available, and then calling MS back to book it? Same number of calls to MS, the only difference is who made the first call.

 

[tiggerrr]

And in doing so, tying up member services resources needlessly, for a commercial enterprise.

How is that different from an individual member calling for avalability, contacting the renter to let them know it is available, and then calling MS back to book it? Same number of calls to MS, the only difference is who made the first call.

In fact, because David requires a deposit (however small) before checking availability, I would suspect his model has fewer people "kicking the tires" on a potential rental, so to speak, and thus fewer calls per rental to MS.

I'm not sure where the concern/angst over this service comes from. This service is a broker between two parties that don't want to do all the work between themselves. I've used this service personally because I don't want to mess with responding to multiple posts, trust the other person, etc. This was simple with a significant amount of professional contact and I'm happy.

On the same principle, shouldn't there be similar "outrage" against the Timeshare Store. DVC members are absolutely allowed to sell their membership to anyone else for whatever they wish to charge and can make a deal for. TSS brokers that arrangement for those who choosed to use the service and takes a percentage of the purchase price as a fee. They still have to engage DVC with all the same paperwork as a sale directly between two parties.

Here, we have members that wish to rent their points for money, something they are absolutely allowed to do. David brokers the arrangement between parties, takes a portion of the fee, and engages the appropriate areas of DVC to make it happen the same as if the rental went directly between two parties.

 

[missy2217]

I wouldn't say David has a monopoly because there is still basic economics involved. With the exception of special deals he offers for particular points, dvcbyrequest generally charges in the range of $13-15 per point, I believe. Most of the DISers seem to rent for a few dollars less than that.

Not everyone is willing to pay the higher price for the greater security offered by dealing with a company vs. an unknown individual (if the security is even much greater, but I perceive it that way).

Just browsed over his website and it was $13 a point. It said he keeps it at $13 and does not vary to keep it fair to all of is guests.

 

[normr]

I would think the easy way around the 4 associate limit would be adding him to make the reservation and then taking him off once the reservation was completed.

I have rented out some of my points to 4 different people because DVC had poor choices for Las Vegas, I was able to rent my points and take the cash to stay at the hotel of my choice.

So now if I need to rent out points, I can provide these names of satisfied renters who can then see that I was an honest legitimate person not trying to scam anyone.

 

[Deb & Bill]

I would think the easy way around the 4 associate limit would be adding him to make the reservation and then taking him off once the reservation was completed.

I have rented out some of my points to 4 different people because DVC had poor choices for Las Vegas, I was able to rent my points and take the cash to stay at the hotel of my choice.

So now if I need to rent out points, I can provide these names of satisfied renters who can then see that I was an honest legitimate person not trying to scam anyone.

But DVC has now stated that they can refuse to add someone as an associate for any reason they desire. I think if the same person gets added as an associate over and over on many different contracts, they could decide not to allow that person to be added as an associate to any contract.

 

[vicki_c]

The associate restriction isn't relevant anymore anyway, based on what was posted earlier in the thread - David no longer needs to be added as an associate on anyone's contract because he has changed his business model (I think Webmaster Doc explained this above somewhere).

 

[chaoscent]

In 11/2001 I rented points from "Doc". He was from NY so not WM Doc. I paid $11 a point. I could have paid $9 or $10 & DH & I discussed that. We decided to go with the $11 as this guy had many references and had been around for a while. I felt more comfortable going with the tried and true then with someone I wasn't sure about. It sounds like this service provides the same assurance. I just recently sent someone looking to rent to this forum. I told them to read all of the stickys at the top of the DVC rent board and then make their decision. I told them that if they didn't want to go through all of the reading & checking to go to David's site. If I ever had points left over (like that will ever happen ) I would sell them to David so I wouldn't have to go through the hassle of renting points myself. Penny

 

[canoe86]

Seems to me that he is just offering ease to a DVC member and a measure of safety to a possible renter.

Is that illegal.....DVC illegal?