Rising DVC Prices??

[Sammie]

Also, the last minute deals Dave's DVC has in their montly emails really can't be beat, incredible prices. I don't mind staying at SSR! Its beautiful!

We love SSR. Hilton Head and Vero Beach have very understated Disney touches, a few hidden Mickeys and topiary.

 

[twe1vestone2]

We love SSR. Hilton Head and Vero Beach have very understated Disney touches, a few hidden Mickeys and topiary.

I always mean to go take a walk around SSR when I'm down there, but I never get around to it lol but thanks to sites like allears and wdwinfo, I can practically take a walking tour with the hundreds of photos they have lol.

 

[Sammie]

I always mean to go take a walk around SSR when I'm down there, but I never get around to it lol but thanks to sites like allears and wdwinfo, I can practically take a walking tour with the hundreds of photos they have lol.

There are some great videos on youtube

 

[twe1vestone2]

There are some great videos on youtube

Ha, I didnt even think of that lol thats embarrassing..

 

[Lynne M]

I consider finding a seller, getting together with them to discuss when/where, calling dvc to see what's available, etc etc - "work". I was also assuming they would put together the rest of your trip as well, flights, tickets, etc.

People renting out their points are Disney vacationers, just like you. It just happens that they can't take a Disney trip that year, so they're renting to try to cover their maintenance fees and/or loan payments, which are due whether we're using our points that year or not. It's not something anyone gets rich on, believe me.

I've never heard of a member acting as a travel agent or trip planner when renting out points. Honestly, there'd be no reason for me to do it, I wouldn't be making any money for the time spent.

 

[ssawka]

OP, not to be mean, but have you seen what has happened to the price of buying into DVC or the price of cash reservations? Both have gone up so much over the last 2 years, why do you expect the price of rentals to stay stagnant. You are still getting a great deal when you are renting compared with a cash reservation!

 

[twe1vestone2]

OP, not to be mean, but have you seen what has happened to the price of buying into DVC or the price of cash reservations? Both have gone up so much over the last 2 years, why do you expect the price of rentals to stay stagnant. You are still getting a great deal when you are renting compared with a cash reservation!

Oh most definitely a great deal, no doubt about it. In my head the number of points stayed the same so why should the dollar amount go up, yet I wasn't thinking of the rising maintenance fees as somebody pointed out earlier. It's always something to squeeze every last dollar out of our pockets, yet we love the place anyway lol.

 

[webcs]

Its about raising dues every year. People have to pay for those dues plus the amount of money they invested compounded. Rates right now are extremely fair at 11, at 12, and at 13.

Myself and a lot of DVCers I have talked to view things as fair when half of the yearly sale of their points pays there dues. The remaining half is usually used for them to take vacations or applied to their original investment over the course of 40'ish years. 11-$13 is certainly not owners taking profits. Its a point of survival.

The $9 price you are referring to frankly was not fair at the time, in my opinion. A few years ago when renting was pretty new, there was a lot of people who were newbees to it. Owners and renters. As such numbers were thrown around like bouncy balls. And it took several years for things to settle. So the $9 price then was too low, you just were fortunate to catch lightning in a bottle to rent.

Do I think prices will just keep rising. I don't think so, only in small doses. We seem to have reached a tipping point right now where both sides are kept pretty happy and dues payments healthy.

ALSO...and this is key, Disney keeps raising their point costs every DVC they sell. If bread is sold for twice what is was, what is the grocery store to do????

 

[luckyman_apd]

Its about raising dues every year. People have to pay for those dues plus the amount of money they invested compounded. Rates right now are extremely fair at 11, at 12, and at 13.

ALSO...and this is key, Disney keeps raising their point costs every DVC they sell. If bread is sold for twice what is was, what is the grocery store to do????

I rented at $10 our first time in a DVC and a year later we bought in. In in hindsight, $10 was cheap! For what we got. With dues rising, it's only a matter of time before rentals go up, but it will be a a slow process. As long as David's still pays the owner $10 per point, I don't see other rental prices going for much more. It will take owners unwilling to give their points to David's at $10 for his price to rice. Supply/demand. As long as a supply is there, the price is stationary. I don't / haven't rented my points but if I needed to, I would at least need to cover my dues/buyin ppp

 

[Lil' Grumpy]

sure hope a dvc monitor is reading this.

dvc main purpose isn't for renting. most saw a down economy
& those over their heads had to unload many of their contacts.

dvc to stay healthy, must make future adjustments to end this.
that is, all the exchangers on a regular account instead those
doing it less than 3/5 years.

fyi, we paid top dollar for our points, & i can't see us ever renting
out for such a low price. we have large extended families &
would rather given them away to take the chances with those
we don't know. it is my opinion that the largest numbers renting,
are those buyers doing resales because their points were so cheap.

i think they will gear some new restrictions toward the renters
in the future. things liked only being able to rent @ the person
home resort until 3 mos left instead of 7. ( unless the owner
or owner' family is on the revs.) no requests should be permitted
except to the direct owners.

 

[Dean]

Really?? Wow I was renting alot back then and I almost never had to go with the 10/pt posts!

But I totally forgot about those annual dues ugh..

I really don't see how anybody could or would buy into it at this point, its sooooo crazy expensive! And apparently its going up again?? A girl at work bought in last year and she was telling me how they gave her a bonus sign on amount of points, then she used her current points AND borrowed from the next year, all to go on a Disney Cruise! I went on a similar cruise last year and paid 550/person. How could they equate 550/person to all those points!??! lol

Forgive me, at this point I'm just rambling

I think I rented our first time in 1996 and I've never gotten under $10.50. In the last few years it has been closer to $13 a point consistently though I do often give my repeat renters a break usually by rounding down. There have been times where there were desperate people including after 9/11 and with the housing crash.

 

[ssawka]

fyi, we paid top dollar for our points, & i can't see us ever renting out for such a low price. we have large extended families &
would rather given them away to take the chances with those we don't know. it is my opinion that the largest numbers renting, are those buyers doing resales because their points were so cheap.

Really? We joined in 2009 and have rented out twice, and we paid "top dollar" for our points. Both times we rented, it was to take Disney cruises because the points required to take a cruise on points was ridiculous. I could rent point and take a cruise for half the number of points as cruising on a points reservation.

 

[luckyman_apd]

sure hope a dvc monitor is reading this.

dvc main purpose isn't for renting. most saw a down economy
& those over their heads had to unload many of their contacts.

dvc to stay healthy, must make future adjustments to end this.
that is, all the exchangers on a regular account instead those
doing it less than 3/5 years.

fyi, we paid top dollar for our points, & i can't see us ever renting
out for such a low price. we have large extended families &
would rather given them away to take the chances with those
we don't know. it is my opinion that the largest numbers renting,
are those buyers doing resales because their points were so cheap.

i think they will gear some new restrictions toward the renters
in the future. things liked only being able to rent @ the person
home resort until 3 mos left instead of 7. ( unless the owner
or owner' family is on the revs.) no requests should be permitted
except to the direct owners.

I think you over estimate "renting" for commercial renting. I don't think anyone here has been a commercial renter. It is also well within our right to make reservations for others. We all "paid" for our points. You can't be upset if someone rents out their unused points because they happened to pay less than you do you? Your top dollar comment implies you are not happy about resale buyers?

I and many others others who bought resale did so to save from paying "top dollar" as you stated. If there is a year I want to do something other than disney, I'm fully within my right to rent my points that year. I highly doubt Disney is interested in this board, but they have made the rules to curb commercial renting. A company like David's a convienance for owners in case there is a time they can't use their points. I'm glad you bought with the intention of using your points as did I. I just hope a time never arrives where you might not be able to use them and find that renting them might help you out.

 

[Lynne M]

sure hope a dvc monitor is reading this.

dvc main purpose isn't for renting. most saw a down economy
& those over their heads had to unload many of their contacts.

dvc to stay healthy, must make future adjustments to end this.
that is, all the exchangers on a regular account instead those
doing it less than 3/5 years.

fyi, we paid top dollar for our points, & i can't see us ever renting
out for such a low price. we have large extended families &
would rather given them away to take the chances with those
we don't know. it is my opinion that the largest numbers renting,
are those buyers doing resales because their points were so cheap.

i think they will gear some new restrictions toward the renters
in the future. things liked only being able to rent @ the person
home resort until 3 mos left instead of 7. ( unless the owner
or owner' family is on the revs.) no requests should be permitted
except to the direct owners.

Thinking back to many of your past posts, it seems that a lot of your issues with DVC center around the concern that members are somehow being cheated out of things that should be theirs by non-members. That renters and exchangers are swooping in and snapping up prime time reservations that members then cannot get. That renters and exchangers' requests are being granted ahead of members. That 'DVC workers' are taking villas out of member inventory for themselves as an employee benefit. That renters and exchangers are damaging 'our' rooms.

I don't know whether you're speaking out of your own frustration of not getting reservations or rooms that you want, or whether you're reading posts of people having trouble getting a prime time reservation. But you seem to see renting and exchanging as something illicit, some sort of cheating, that DVC is failing to put a stop to. When, in fact, both are an inherent part of DVC ownership, and timeshare ownership.

DVC expressly states in the contract that renting is permitted, and that exchanges are going to happen. In a sense, both are benefits to us as members. If you want to have the ability to exchange out to RCI locations, then you have to accept the fact that RCI members are going to be exchanging in. You don't get one without the other.

The ability to rent benefits us as well. If I have points I can't use, and none of my friends or relatives wish to use them, I see it as a good thing that I can rent them and get a little money back to cover my maintenance fees. I'm sure others do as well.

You say that you want DVC to establish a policy that says no requests can be granted except to the member or their family. How does DVC police that? How do they know it's my sister and not a renter that I made the reservation for? Do I have to provide her birth certificate? It's simply not workable, clearly not anything DVC has any interest in doing, and not something I think members would want to pay the additional Member Services costs to enforce.

I think part of the problem is that you assume that when 'bad' things happen - i.e., someone can't get a reservation for the 1st week of December, or didn't get the specific savannah view they wanted - it must be someone's fault. That someone out there is cheating. That a member snapped up that week and sold it to a renter. That some sneaky RCI exchanger got the savannah view. That the DVC employees got into the member inventory and booked a bunch of villas for themselves that week.

All of that is simply explained by supply and demand. There's no need to go looking for a villain. There are over 100,000 DVC members. There are a few thousand villas. Booking is first come, first served. Even if there were no renting and no exchanging, some people aren't going to be able to get that first week of December reservation.

I sense your frustration, and I'm sorry you've not been happy with your DVC ownership. Somewhere out there, there may well be a timeshare or other system that doesn't allow non-members to book any rooms. But that's not what you bought, and DVC is never going to operate in the way that you think it should. It doesn't mean that DVC is broken and has to be fixed. It means that DVC is operating in the way that it was designed to, and in the way that the contract clearly stated that it would.

 

[mort1331]

sure hope a dvc monitor is reading this.

dvc main purpose isn't for renting. most saw a down economy
& those over their heads had to unload many of their contacts.

dvc to stay healthy, must make future adjustments to end this.
that is, all the exchangers on a regular account instead those
doing it less than 3/5 years.

fyi, we paid top dollar for our points, & i can't see us ever renting
out for such a low price. we have large extended families &
would rather given them away to take the chances with those
we don't know. it is my opinion that the largest numbers renting,
are those buyers doing resales because their points were so cheap.

i think they will gear some new restrictions toward the renters
in the future. things liked only being able to rent @ the person
home resort until 3 mos left instead of 7. ( unless the owner
or owner' family is on the revs.) no requests should be permitted
except to the direct owners.

I wont get into the whole negative part of your post but to point out to you that taking your senerios you should include anyone who is not an owner. That includes FAMILY. How do you know that your relatives are damaging the place. Just because you dont take payment from them to stay there, even if your there, they are using/renting that space. So unless you want it across the board, no one except owners, we can take it to the literal sence.

 

[webcs]

I wont get into the whole negative part of your post but to point out to you that taking your senerios you should include anyone who is not an owner. That includes FAMILY. How do you know that your relatives are damaging the place. Just because you dont take payment from them to stay there, even if your there, they are using/renting that space. So unless you want it across the board, no one except owners, we can take it to the literal sence.

Unless you want to put cameras in the rooms 24/7, yeah I here you. Some relatives are worse than renters. At least renters have a stake and sometimes a contract.

 

[geraghty]

I paid top dollar for my resort as well. We just did not pay for the premium air in the tires and the personalized tags. I don't know the difference between the EX and the LX, but I made sure the van had a dvd player and all the options we needed, not wanted. We don't need all the options, b/c we want to travel to WDW. We do not plan on taking a cruise or traveling to Europe any time soon and if we do, we will pay out of pocket. (I may even rent my points to pay for it) This is not an exclusive club. You are only gauranteed availabilty at your home resort at 11 months out and technically even that is not gauranteed. I don't apologize for not buying into DVC when the prices were affordable. (I think I was 10). Right now, I don't feel full price is a good deal and neither is trying to book a deluxe or moderate room through Disney during peak times. The resale market allows people like me to afford to take my family to Disney at least every other year and stay at a resort that is close to Magic Kingdom. For that I am grateful. We bought our points at BLT b/c we want to stay at BLT. The same reason those who bought throught Disney bought at the resort they did. The difference to me, I kept $6,000 in my kids college fund.

 

[bumbershoot]

fyi, we paid top dollar for our points, & i can't see us ever renting
out for such a low price. we have large extended families &
would rather given them away to take the chances with those
we don't know. it is my opinion that the largest numbers renting,
are those buyers doing resales because their points were so cheap.

Didn't we buy in around the same time? While it might have seemed "top dollar" at that time, doesn't it seem relatively cheap in retrospect? And I bet the same phenomenon has happened with each rise in prices. I bet the first DVC members didn't think it was cheap; bet they thought they were paying a good sum at the time. It's only in retrospect that it seems inexpensive.

160 points, let's say $10 per point, do it for 40 years, that's more than what my total is/will be (and I think yours, too). Doesn't seem like such a "low" price looking at it that way.

But no one does this. Or at least no one I know or have noticed!


Not everyone has family or friends who want to use points. So you would literally rather let them just expire rather than get a little something back and introduce someone new to DVC? That's not my style! We haven't let any points expire yet, and I have no *plans* to rent anything out, but that's b/c we will be using it. But if we ever simply couldn't travel and couldn't find friends/family to use it, why on earth would we not see if someone we don't know yet could use it?

 

[Dean]

sure hope a dvc monitor is reading this.

dvc main purpose isn't for renting. most saw a down economy
& those over their heads had to unload many of their contacts.

dvc to stay healthy, must make future adjustments to end this.
that is, all the exchangers on a regular account instead those
doing it less than 3/5 years.

fyi, we paid top dollar for our points, & i can't see us ever renting
out for such a low price. we have large extended families &
would rather given them away to take the chances with those
we don't know. it is my opinion that the largest numbers renting,
are those buyers doing resales because their points were so cheap.

i think they will gear some new restrictions toward the renters
in the future. things liked only being able to rent @ the person
home resort until 3 mos left instead of 7. ( unless the owner
or owner' family is on the revs.) no requests should be permitted
except to the direct owners.

Who are you to say what the main purpose of owning DVC is? While I actually agree one shouldn't buy with the intent to rent generally, it's for different reasons. As I read it you see it as an abuse of the system and crime against other members, I simply see it as a poor financial move with far too little a return.

While I think DVC should enforce their actual rules, Disney does not have a history of doing so. My view is that if an exchanger, guest or renter uses the time that a member owns, they should be treated the same as a member just like I'd like the DVC member to be treated the same somewhere else. Now I realize that some do and some don't but this is philosophically how I feel it should be done.

What a given person paid has nothing to do with it, at the end of the day you own the same thing just like the person next to you on the airplane who paid half what you did. You can certainly do what you want with your points but I don't see telling others what they should do with theirs. As for who is renting, most are simply doing so on an occasional or one time basis. I rent out most of my points normally because I now have other options but I did not go into it with that intent. I just haven't been able to completely let go of the points because DVC was my first love in timeshares.

Legally they can't put up separate rules for rentals. All they can do is police the BIG players if there are any of them left. I continue NOT to see how this affects or damages you in any way other than emotionally. The more DVC tries to micromanage is what will get them in trouble, that and price.

 

[luckyman_apd]

Micromanaging in general can get one into trouble.

If had never been able to rent, I never would have been introduced to DVC and therefor would never have bought in. But I guess in Grumpy's eyes I don't count the same, or I took advantage of someone's economic downturn by purchasing resale.

Actually, but me and the seller made out in the deal. I got the resort I wanted at a discount, and as original BLT owners (who also had contracts at other resorts) got back their original investment. They just didn't love BLT the way they thought they would.

A lot of assumptions were evident in Grumpy's post, and we all know what happens when you Assume.