Researching Rental Companies for Best Owner Price

[heynowirv]

DVC rental store says right in their fine print that there will be a 4% charge for paypal, so they would be sending it as a business transaction.

Maybe that's why most of us use the rent/transfer board when we need to rent out some loose points.

 

[wishicouldgomoreofte]

DVC rental store says right in their fine print that there will be a 4% charge for paypal, so they would be sending it as a business transaction.

Not doubting you, but I would like to read that. Is it on their site, or on a contract I can see?
I am guessing if it was incorrect, someone from DVC Rental Store would have come on to correct it by now.

 

[mamaofsix]

Not doubting you, but I would like to read that. Is it on their site, or on a contract I can see?
I am guessing if it was incorrect, someone from DVC Rental Store would have come on to correct it by now.

It used to be stated right on their website (it was when I originally posted this). They have completely changed their rental FAQ's on their website in the past month due to their new exchange program and removed the detailed explanation of how their paypal system works. I would contact them directly if you'd like to know for sure. Best case scenerio is that they changed the policy to stay competitive. Worst case is that they removed the specifics on the website and people get "surprised" by the 4% surcharge.

 

[Phatscott25]

DVC rental store takes the 4% paypal rate off of your owners pay-out. David's doesn't do this and absorbs that cost as the broker.

Not a huge deal, but could be several hundred dollars depending on how many points you are renting out. (ie: renting 400 points at $16 pp = 6400. 4% = $253). Put another way, that's like David's giving you almost $0.75 more pp than DVC rental store, right?

This is absolutely incorrect. Since 2018, I've rented my points through them several times a year (including just last week) and they've never taken PayPal fees from my payout. I get the full 75% (currently $13.50pp) at booking and the remainder (currently $4.50pp) on the guests check-in date.

David's does not allow changes, so there is no change fee for them to pass on to the owner.

DVC Rental Store has a different policy, but I don't know how it works.

DVC rental store does allow the guests (including lead guest) to change on the reservation. When this happens, they give the owner a courtesy payment of $50 to make the change. Since it can be handled easily by chat, it's usually the easiest $50 I earn.

 

[standardgirl]

I recently rented my points through DVC Rental (the board sponsor, I think) and had a good experience. Pleasant and patient people worked me through the motions. At $16 a point payout, I did recoup some dues for my leftover points. I am questioning if that is the best price for owners, though. The DVC purchase prices varied greatly, so I was a-okay with a few AKV points rented out for that value, but I would hope that more expensive DVC resorts could be rented through a rental company for a bit more since they cost me so much more. I do not want to go "by owner." I noticed another site did categorize by resorts. I don't know their reputation, so I am wondering if any of you seasoned renters have rented your leftover points and gotten better than $16 for Grand Floridan and BLT, etc?

David's pays $18pp for most resorts provided booking is more than 7 months ahead of check-in (aka, utilizing the home resort booking period). When I rent privately, I get $19.50-$20 per point if I'm renting points, or I get $20-$22 per point if I'm renting out a confirmed reservation on days which are otherwise sold out!

 

[Phatscott25]

DVC Rental Store also pays $18pp now for most 7-11 month bookings.

 

[stlrod]

I'm getting $23 per point which can add up over what a broker is willing to pay.

 

[Dznypal]

I was interested in reading about getting extra $ if having you do a name change with David’s since I had to do just that a few months ago and didn’t get anything extra. It waifor the lead the husband couldn’t go so the sister of the lead went. It took no time at all for the change but after reading this would have been nice for extra.

 

[Marionnette]

I was interested in reading about getting extra $ if having you do a name change with David’s since I had to do just that a few months ago and didn’t get anything extra. It waifor the lead the husband couldn’t go so the sister of the lead went. It took no time at all for the change but after reading this would have been nice for extra.

I don't think David's pays owners to make name changes. However, DVC Rental Store does.

 

[Dznypal]

Thanks for correcting about the name changes