Renting through a Disboard poster verses an online broker?

[SL6827]

So I took a look over at the Rent/Trade board earlier, which is not something I really ever do, but today I got curious. What I saw was that the majority of people were renting their points for $14-$15 a point. But isn't this what most of the online brokers charge? Or do they charge more?

Would there be much of an advantage with renting with a poster, vs. renting through an online broker? I would feel just a tad more secure with the online broker, I think. Or am I missing something here?

 

[LYSE]

Brokers are in the 16-17 range sometimes 18 after home resort charge.

Working directly with the owner often yields better terms as far as ability to make changes and payment

So in short:
Broker pros: A little bit more safety
Direct: Possibly could be more flexible, slightly cheaper.

 

[SL6827]

Oh, ok. Interesting. I did see a few, very few, that were in the $12-$13 range. May decide to rent out a reservation at some point, to get a real feel of DVC.

 

[SL6827]

Yep, Davids is $16 a point when you rent at the 7 month mark, and $17 a point when renting before that time. Not sure if the other brokers are much cheaper, doubtful.

 

[_auroraborealis_]

Most owners who rent direct do it to not have to share the cut with a broker. Broker pricing really sets the market. Most owners aren't going to charge what they'd get from a broker AND do all the work. They're going to compensate themselves as their own broker.

 

[SL6827]

Right, even though I can see the savings more clearly now. But do people really pay top dollar to rent at some of the less popular DVCs, such as SSR, OKW and AKVs?

 

[Matty B13]

The lower price per point are usually on distressed points that need to be used before the end of a UY comes up or points in holding.

 

[_auroraborealis_]

Right, even though I can see the savings more clearly now. But do people really pay top dollar to rent at some of the less popular DVCs, such as SSR, OKW and AKVs?

At AKV, absolutely. If you look, David's charges $17 for those in home resort.

 

[SL6827]

At AKV, absolutely. If you look, David's charges $17 for those in home resort.

Right, by looking at a few of the others, Davids does have the option of lower prices, the other brokers I looked at, nothing. Straight up $17plus a point.
But all seemed to have some sort of "last minutes specials" or "distressed" points for SSR.

 

[_auroraborealis_]

Right, by looking at a few of the others, Davids does have the option of lower prices, the other brokers I looked at, nothing. Straight up $17plus a point.
But all seemed to have some sort of "last minutes specials" or "distressed" points for SSR.

Most brokers only do distressed at SSR because it's got the best late availability. They tend to be holding points in fire sale. They're fine if you are okay with last minute planning, but no one's going to rent 11 month points, even at SSR or OKW, for that kind of rate.

 

[disneynutz]

Thanks to the brokers who set the renting prices. If it wasn't for them, owners would still be renting at $11 per point.

Bill

 

[SL6827]

E

Most brokers only do distressed at SSR because it's got the best late availability. They tend to be holding points in fire sale. They're fine if you are okay with last minute planning, but no one's going to rent 11 month points, even at SSR or OKW, for that kind of rate.

Exactly.

 

[SL6827]

Thanks to the brokers who set the renting prices. If it wasn't for them, owners would still be renting at $11 per point.

Bill
Well that is good for the owners. And am I right in thinking that it also helps DVC hold value?

 

[robinb]

Right, even though I can see the savings more clearly now. But do people really pay top dollar to rent at some of the less popular DVCs, such as SSR, OKW and AKVs?

Yes. They do for existing reservations at popular times.

 

[CarolMN]

The brokers have more demand than they can meet. For those who want to rent a stay at the more popular resorts & need to do so during the home resort booking priority period, the choice of broker or individual owner may come down to where you can find the points.

 

[Disneypapa]

Thanks to the brokers who set the renting prices. If it wasn't for them, owners would still be renting at $11 per point.

Bill

Amen to that brother!

 

[mort1331]

The brokers have more demand than they can meet. For those who want to rent a stay at the more popular resorts & need to do so during the home resort booking priority period, the choice of broker or individual owner may come down to where you can find the points.

And that is why the $ have been creeping up the last few years. Many years stuck at $10. But as more find out how to rent and the cost savings, the $ has gone up. We have not had to go on the open market for a number of years. Same renters over and over again. Therefore since its easy for us and the worry factor is not there, we have not raised our price to rent out to the same people. Almost like a friends and family discount.