Renting Problems?

[memevb]

Has anyone had any problems renting from this site?:

 

[jambo5564]

What site? This one?

 

[magicaldisney]

Don't see a site.

 

[CarolMN]

The OP is referring to the Disboards.com Rent/Trade board - this site.

(Plus the question was moved here from the Rent/Trade Board. Discussions are not allowed there).

 

[magicaldisney]

The OP is referring to the Disboards.com Rent/Trade board - this site.

(Plus the question was moved here from the Rent/Trade Board. Discussions are not allowed there).

Thank you, makes sense now!

 

[crisi]

Yes, over the years there have been a few people who have been scammed. Its rare, but it has happened.

 

[Tramp68]

I rented to a Lawyer from Louisiana a few years back and he basically said this:

There are much easier ways for people to scam money than with a DVC rental.

I suggest you talk on the phone with your rental person, it is much more personal and you can tell if they know what they are talking about...

 

[twinsdad2007]

How long does it typically to rent out points and is their a minimum number that you need to make available to rent?

 

[CarolMN]

How long does it typically to rent out points and is their a minimum number that you need to make available to rent?

You are not really renting points - that's just how it has come to be named. The owner is really renting a reservation that he/she made for a renter. So the "minimum" would be enough points to make at least a 1 night reservation.

Some owners are also willing to transfer points to another member. According to the POS, owners are not allowed to charge for this. In practice, as long as you do not mention money to MS, they look the other way. However, DVC/MS/Disney will not get involved if there is any dispute over a transfer. Transfers are final - they cannot be "undone". Arrangements are between owners and entirely negotiable. Members can transfer or accept as little as one point. This option is only available to owners.

How long does it take? Really depends on finding a renter and then the agreed upon terms. It can vary from a few hours to never. Price also makes a difference.

From what I have seen, there can be quite a learning curve for new owners who begin to rent. Many seem to "learn the hard way". Nearly all of the reported problems are the result of one or both parties not understanding how DVC really works. There have been a few "scams" - a few times the owner lost out and a few times it was the renter. Scams are very few and far between for those who use this board to arrange the transaction and do the proper due diligence before sending money.

I also do not recall any $$/point losses experienced by our posters who have chosen to use either of the DVC Boards sponsors to rent or sell their points - David's or TSS.

 

[twinsdad2007]

Thanks for the info. I am new to this site and a just in early stages of acquiring a DVC membership. Hoping to close toward end of November.

What is David's and TSS?

 

[CarolMN]

Thanks for the info. I am new to this site and a just in early stages of acquiring a DVC membership. Hoping to close toward end of November.

What is David's and TSS?

David's is David's Vacation Club Rentals www.dvcrequest.com

TSS is The Timsahre Store http://www.dvc-resales.com/dvclisting.cfm