Standard Rate for Renting Points... and commercial/professional renters...

[kimberh]

Well, if that is the definition then I'll admit it... My name is Joshua and I'm a commercial renter...

However, what the definition ignores is that we didn't have a choice but to purchase more points than we could consistently use year after year. When we bought BWV in '98 we didn't know anything about the resale market or the possibility of purchasing smaller contracts than the 150 minimum that Disney was offering to finance for us. The only way we were able to afford to purchase when we did was to use the money they offered to comp our Disney Institue stay as the majority of the down payment and the only way to get that bonus was to purchase 150 points.

In the years since then we have averaged one trip every 18 months or so and I just can't stomach spending the amount of points required for Friday and Saturday night. In fact the one trip that we made that was longer than our typical 5 night stay we used BCV for Su-Th, moved to the DoubleTree for Fr-Sa and then came back to Disney's OKW for Su-Th.

Well this has strayed from the OP a bit but I just wanted to clarify my position on the term commercial renter. I really don't have a problem with it. Personally I can't think of a time that availability has affected me or my plans. I travel at off peak times and stay at lower demand resorts, if I wanted to stay in a Grand Villa during the peak season then I would wake up at 5am 11-months out and start dialing, just like everybody else that is planning a logisticaly difficult vacation.

So in the end, I will continue to make my vacation plans the way I always have. And when I have points that can't be banked again I will come here to allow somebody else the opportunity to upgrade their vacation and not break their budget. If that makes me a commercial renter then so be it...

There is nothing wrong with a vacation like this.

 

[Deb & Bill]

There is nothing wrong with a vacation like this.

Unless you continue buying points and still using them in the same manner, giving you more and more points to rent out. That's commercial in my book. But who cares about my book???

 

[keys2kingdom]

Well, if that is the definition then I'll admit it... My name is Joshua and I'm a commercial renter...

However, what the definition ignores is that we didn't have a choice but to purchase more points than we could consistently use year after year. When we bought BWV in '98 we didn't know anything about the resale market or the possibility of purchasing smaller contracts than the 150 minimum that Disney was offering to finance for us. The only way we were able to afford to purchase when we did was to use the money they offered to comp our Disney Institue stay as the majority of the down payment and the only way to get that bonus was to purchase 150 points.

In the years since then we have averaged one trip every 18 months or so and I just can't stomach spending the amount of points required for Friday and Saturday night.

I'm with Deb, if you have more than you can use NOW why on earth would you be thinking of adding-on?

http://www.disboards.com/showthread.php?t=1320287&referrerid=&highlight=

 

[kimberh]

Unless you continue buying points and still using them in the same manner, giving you more and more points to rent out. That's commercial in my book. But who cares about my book???

I missed where he said he was buying more points. I will go and reread what he has wrote.

 

[Anjelica]

Yep, the weekend thing subtract from the value as well.

Also, the profile of the DVC renter - the customers we are talking about are by and large, in my impression, not Deluxe resort lovers looking for a price break, but bargain shoppers who will be happy staying at POR or CSR if they aren't getting a great deal. Especially the ones we get here (eBay or other venues may have a different profile). In some cases, they are comparing renting DVC points to the All-Stars. In other words, they aren't saying "I can save $500 on my BW stay by renting points" they are saying "I can get into the BW for about the same cost as POR" or "It will only cost us and extra $250 to upgrade to BC from POP if we rent points - that's a good deal." Yes, the upgrade in location and room is worth something to them, but its not worth as much - IMO - as some people would like to believe.

Very well stated - you hit the nail in the head IMO in terms of the profile of the "typical" DVC renter.

 

[Slakk]

Unless you continue buying points and still using them in the same manner, giving you more and more points to rent out. That's commercial in my book. But who cares about my book???

I will read it!

 

[dianeschlicht]

Also, the profile of the DVC renter - the customers we are talking about are by and large, in my impression, not Deluxe resort lovers looking for a price break, but bargain shoppers who will be happy staying at POR or CSR if they aren't getting a great deal. Especially the ones we get here (eBay or other venues may have a different profile). In some cases, they are comparing renting DVC points to the All-Stars. In other words, they aren't saying "I can save $500 on my BW stay by renting points" they are saying "I can get into the BW for about the same cost as POR" or "It will only cost us and extra $250 to upgrade to BC from POP if we rent points - that's a good deal." Yes, the upgrade in location and room is worth something to them, but its not worth as much - IMO - as some people would like to believe.

I think this is one of the best discriptions I have ever read! I worry about how renters treat DVC when they rent if they look at it in the same catagory as All Stars.

 

[crisi]

I think this is one of the best discriptions I have ever read! I worry about how renters treat DVC when they rent if they look at it in the same catagory as All Stars.

I'm not - people who trash hotel rooms trash expensive ones as well as cheap ones and I think are the minority of people.

 

[3DisneyKids]

But who cares about my book???

Sounds like a best seller to me!

 

[3DisneyKids]

Well, if that is the definition then I'll admit it... My name is Joshua and I'm a commercial renter...

Hi Joshua!

I am not a renter of any level (need every one of those precious points for my family ), but I agree that this is a good working definition of a commercial renter.

Others here will disagree, and as you know, defining what "commercial renting" means is a hot topic here as well, it seems, within DVC corporate. Time will tell if they come out with a strict definition.

 

[rantnnravin]

DARN that previous posts function

 

[simpilotswife]

Profit....I need more profit

 

[rinkwide]

This thread's got me craving that slightly out-of-touch sense of exclusivity that I haven't felt since the mid '80s. Yep, time to put on my "Member's Only" jacket.

 

[Sammie]

This thread's got me craving that slightly out-of-touch sense of exclusivity that I haven't felt since the mid '80s. Yep, time to put on my "Member's Only" jacket.

The DVC one or the JC Penny one.

 

[rinkwide]

The DVC one or the JC Penny one...

I sewed a Beah Club Villas patch on the one I got from Mervyn's.

 

[dumbo71]

I'm with Deb, if you have more than you can use NOW why on earth would you be thinking of adding-on?

http://www.disboards.com/showthread.php?t=1320287&referrerid=&highlight=

Wow Keys you are one good detective. How much for you to not review my posts????

Seriously, nice catch. I'm starting to wonder who we are dealing with in this thread.

I support one's right to rent but I have to question using a message board to promote one's "business" or the bottom line.

As stated many times rent for whatever you choose, just don't expect the rest of the people renting to fix prices so you can make a few more bucks.

 

[Dean]

I'm with Deb, if you have more than you can use NOW why on earth would you be thinking of adding-on?

http://www.disboards.com/showthread.php?t=1320287&referrerid=&highlight=

I can tell you that I bought another contract when I had more than enough points. I felt like it was a great deal and I wanted home resort priority for BWV. I didn't buy with the intent of renting though it was a side effect of that decision.

 

[kimberh]

I can tell you that I bought another contract when I had more than enough points. I felt like it was a great deal and I wanted home resort priority for BWV. I didn't buy with the intent of renting though it was a side effect of that decision.

I have done the same thing. I wanted a Boardwalk view.

 

[keys2kingdom]

I can tell you that I bought another contract when I had more than enough points. I felt like it was a great deal and I wanted home resort priority for BWV. I didn't buy with the intent of renting though it was a side effect of that decision.

Given the original tone of this thread I'm guessing it won't be just a side effect. Maybe I'm wrong, maybe JW just wants the OKW home advantage but something in the original request to price-fix plus the same type of thread posted almost four years ago tells me I'm not.

 

[keys2kingdom]

Wow Keys you are one good detective. How much for you to not review my posts????

Your post count's too high and I'm too lazy. Besides I only go after people who seem to directly contradict themselves. Like our good friend mushpurple.