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

[waltfan1957]

renting is a nice option to have and really enhances our membership. I hope it doesn't go away. You never know when you might be contacting Bongo59 for some points or a hard to get ressie.

more so if you commercial/proffessional renters book up all the prime weeks

 

[waltfan1957]

Sometimes we think about others; Usually it's when we're laughing at the poor suckers who aren't as resourceful.

whats resourceful about booking rooms you have no intention of using for anything other than personal gain

 

[dumbo71]

whats resourceful about booking rooms you have no intention of using for anything other than personal gain

Personal gain is the goal of many is it not? Don't we try to further our careers, increase the paycheck or gain a higher social standing? I know I do.

Those pre-booked weeks become a golden ticket over on Ebay. As long as those weeks are booked with the owners points then what gives waltfan1957 or anyone else the right to question or judge?

The only judge here is DVC. Obviously they don't think Bongo59 is commercial or he/she wouldn't be renting anymore.

Instead of bashing them we could all learn a little something from guys like Bongo59 and others. I actaully posted in another thread how I made out in my years of ownership from a financial standpoint. I'll check what thread it was and give you the thread to read. I'm sure others have done much better than I have.

Edit: Here it is for those interested. It is on this board thread titled "join DVC or invest buy in cost". Go to page 4 post #50.

 

[Sammie]

Many who oppose renting do so for the following reasons: 1) they don't have the resources to obtain enough points to rent 2) They didn't think of it first 3) since they don't/can't rent they would like to dictate to others what they can/can't do with their membership.

Is that fact or opinion, sometimes it is hard to tell.

Even if it's opinion, what is it based on? Did you poll those that don't rent to find out why they don't rent, or did you just make assumptions based on your opinion.

We don't rent because we don't want to. We have plenty of points to rent, I mean gee how many does one have to have. 150 points is the minimum that would can purchase and you can book a week at OKW in a studio during any season of the year for less than that, so I would say "every" member has enough points to rent. You don't have to be some big tycoon to do so.

As to thinking of it first, how would that affect anything.

As to your third point I imagine most remembers that are against commercial/professional renting feel it violates the POS in using the property for commercial gain.

As to why some on this forum don't care for it, probably has a lot to do with the "In Your Face" attitude of those that do. And Yea that is my opinion.

 

[dumbo71]

Is that fact or opinion, sometimes it is hard to tell.

Even if it's opinion, what is it based on? Did you poll those that don't rent to find out why they don't rent, or did you just make assumptions based on your opinion.

We don't rent because we don't want to. We have plenty of points to rent, I mean gee how many does one have to have. 150 points is the minimum that would can purchase and you can book a week at OKW in a studio during any season of the year for less than that, so I would say "every" member has enough points to rent. You don't have to be some big tycoon to do so.

As to thinking of it first, how would that affect anything.

As to your third point I imagine most remembers that are against commercial/professional renting feel it violates the POS in using the property for commercial gain.

As to why some on this forum don't care for it, probably has a lot to do with the "In Your Face" attitude of those that do. And Yea that is my opinion.

Fair enough. Sure it my opinion but I really have a sneaky suspicion it isn't so far off. Sure anyone could rent but that would mean foregoing their own trips. It is when you have enough for both that renting truly becomes attractive.

How is it an "In your face attitiude"? If you go over to rent/trade board I've never even heard of those guys. They do not post here for the most part, they simply rent. They aren't shoving it in anyone's face. Those that do choose to speak out are the minority for sure. Maybe we need to be a little more vocal to dampen the flames from the non-renters or those that feel ALL renting is wrong. I could name names off the top of my head who adamently oppose renting. I won't do that. I don't feel you are one of those either.

If those opposed to renting can voice that then those in favor can certainly do that as well. As far as the POS, renting is clearly allowed and until DVC chooses to enforce and define "commercial" this is really debating for nothing. Renting will always exist, many should just get used to that fact or try to change it. Email DVC with complaints for those that oppose. Bashing the renters is unproductive at the least.

Sammie, this isn't directed at you. You are a reasonable guy and poster. This is really aimed at those who feel they can choose what others can do with their membership.

 

[Deb & Bill]

...Many who oppose renting do so for the following reasons: 1) they don't have the resources to obtain enough points to rent 2) They didn't think of it first 3) since they don't/can't rent they would like to dictate to others what they can/can't do with their membership.

Renting is a nice option to have and really enhances our membership. I hope it doesn't go away. You never know when you might be contacting Bongo59 for some points or a hard to get ressie.

Is that fact or opinion, sometimes it is hard to tell.

Even if it's opinion, what is it based on? Did you poll those that don't rent to find out why they don't rent, or did you just make assumptions based on your opinion.

We don't rent because we don't want to. We have plenty of points to rent, I mean gee how many does one have to have. 150 points is the minimum that would can purchase and you can book a week at OKW in a studio during any season of the year for less than that, so I would say "every" member has enough points to rent. You don't have to be some big tycoon to do so.

As to thinking of it first, how would that affect anything.

As to your third point I imagine most members that are against commercial/professional renting feel it violates the POS in using the property for commercial gain.

As to why some on this forum don't care for it, probably has a lot to do with the "In Your Face" attitude of those that do. And Yea that is my opinion.
Today 12:20 PM

Sammie, I am with you on this. And to me, your response to #3 is the most important. Here is what I read "Ownership Interests are offered for personal use and enjoyment only and should not be purchased by an prospective purchaser for resale or as an investment opportunity or with any expectation of achieving rental income, capital appreciation or any other financial return or valuable benefit, including any tax benefit."

So we use our 500 points every year ourselves (unless we bring family or friends with us as our guests).

 

[Dean]

Sammie, I am with you on this. And to me, your response to #3 is the most important. Here is what I read "Ownership Interests are offered for personal use and enjoyment only and should not be purchased by an prospective purchaser for resale or as an investment opportunity or with any expectation of achieving rental income, capital appreciation or any other financial return or valuable benefit, including any tax benefit."

So we use our 500 points every year ourselves (unless we bring family or friends with us as our guests).

That quote is required by FL law to be included and is a reference to protect DVC from someone saying that DVC sold them by stating "you can buy, rent and make money". It has NOTHING to do with any prohibition of renting. The POS specifically states you can rent.

I will say that I've seen a lot more in your face from those that oppose renting than from those who feel it is OK. But since they seem to be in the majority here I guess it's OK to be rude.

 

[Sammie]

Sure anyone could rent but that would mean foregoing their own trips. It is when you have enough for both that renting truly becomes attractive.

This to me is an accurate description of the difference in renting within the POS and it becoming commercial/professional. If I can't use my points in a year for personal reasons and/or I need to come up with some quick cash for an emergency situation, or I have a friend who wants to go and I want to help them out with this one time trip and I won't go, then I think that is the renting DVC is describing in the POS. This would not be something I do on a regular basis. To me that is what allowed renting is about. I am not against renting with the guidelines of POS, I am against renting commercially.

When one has enough points to use for personal use and a business on the side, then it becomes commercial. When one establishes a pattern of rental activity for commercial gain, then that is when it not within the POS.

Obviously DVC also feels that some have stepped over the line of what is allowed and what is commercial, or they would have never gotten involved. That is enough for me to feel what is being done is not in the best interest of the membership. I am a rule follower and whether I can get away with something has no affect on me. I do what is right.

I don't support going over the occupany levels of DVC units and I don't support smoking in a NS unit, I don't support commercial renting. I don't pick and choose my rights and wrongs, just because one can make me some extra cash.

 

[Sammie]

I will say that I've seen a lot more in your face from those that oppose renting than from those who feel it is OK. But since they seem to be in the majority here I guess it's OK to be rude.

I agree that neither side needs to be rude. I can state my opinions, on this and refer to those that choose to commercial rent for what they are, commercial renters. However when some label those that don't rent as suckers, then yes I consider that name calling.

I would not consider any of your opinions of renting, to be rude or in your face. You have your opinion, I have mine. Some however, and to be fair, on both sides seem to think they must lable and call names and make fun.

Truly my stance on this is not personal against any one person. DVC thinks commercial renting is wrong and I will stand with them.

 

[dumbo71]

Truly my stance on this is not personal against any one person. DVC thinks commercial renting is wrong and I will stand with them.

With this we agree. Now I'd like to see DVC define commercial or really enforce something. I would also not do something that is cleary against defined DVC rules, but that is just me I guess.

I was encouraged to rent by my guide actually. He told me many of his friends rent as well. When the time came that renting started to be of concern to DVC I made the decision to sell. Wasn't the only reason but there has got to be a line. If and when DVC defines this further or takes action to stop this I'd hope most would simply stop and find other avenues to make money.

I also agree name calling is not acceptable. Those that choose to go that route should simply not be allowed to post or have the post removed.

 

[Dean]

This to me is an accurate description of the difference in renting within the POS and it becoming commercial/professional. If I can't use my points in a year for personal reasons and/or I need to come up with some quick cash for an emergency situation, or I have a friend who wants to go and I want to help them out with this one time trip and I won't go, then I think that is the renting DVC is describing in the POS. This would not be something I do on a regular basis. To me that is what allowed renting is about. I am not against renting with the guidelines of POS, I am against renting commercially.

When one has enough points to use for personal use and a business on the side, then it becomes commercial. When one establishes a pattern of rental activity for commercial gain, then that is when it not within the POS.

Obviously DVC also feels that some have stepped over the line of what is allowed and what is commercial, or they would have never gotten involved. That is enough for me to feel what is being done is not in the best interest of the membership. I am a rule follower and whether I can get away with something has no affect on me. I do what is right.

I don't support going over the occupany levels of DVC units and I don't support smoking in a NS unit, I don't support commercial renting. I don't pick and choose my rights and wrongs, just because one can make me some extra cash.

Sammie, you are welcome to hold that opinion but it is not supported in FL law or in the POS. And there is no published definition of Commercial Renting. The closest thing to it as stated in the POS is the limit of 2000 per resort and 5000 per person "To encourage purchase for personal use".

 

[dumbo71]

That quote is required by FL law to be included and is a reference to protect DVC from someone saying that DVC sold them by stating "you can buy, rent and make money". It has NOTHING to do with any prohibition of renting. The POS specifically states you can rent.

I will say that I've seen a lot more in your face from those that oppose renting than from those who feel it is OK. But since they seem to be in the majority here I guess it's OK to be rude.

Well Dean beat me to it. Thanks for posting that Dean becuase many get that confused.

 

[waltfan1957]

Personal gain is the goal of many is it not? Don't we try to further our careers, increase the paycheck or gain a higher social standing? I know I do.

Those pre-booked weeks become a golden ticket over on Ebay. As long as those weeks are booked with the owners points then what gives waltfan1957 or anyone else the right to question or judge?

The only judge here is DVC. Obviously they don't think Bongo59 is commercial or he/she wouldn't be renting anymore.

Instead of bashing them we could all learn a little something from guys like Bongo59 and others. I actaully posted in another thread how I made out in my years of ownership from a financial standpoint. I'll check what thread it was and give you the thread to read. I'm sure others have done much better than I have.

Edit: Here it is for those interested. It is on this board thread titled "join DVC or invest buy in cost". Go to page 4 post #50.

i was pointing out the fact that when commercial renters book all the prime weeks they do so to the detriment of all the people who bought in to the DVC which is the Disney Vacation Club with the prime objective of useing it for vacations not rental after all its not the DRS Disney Rental Society and i agree with Sammie if Disney is concerned with this, that it is having an effect on people who wish to use there points to stay and its quotes like the golden ticket on e-bay that are probably causing more anger than most

 

[dumbo71]

i was pointing out the fact that when commercial renters book all the prime weeks they do so to the detriment of all the people who bought in to the DVC which is the Disney Vacation Club with the prime objective of useing it for vacations not rental after all its not the DRS Disney Rental Society and i agree with Sammie if Disney is concerned with this, that it is having an effect on people who wish to use there points to stay and its quotes like the golden ticket on e-bay that are probably causing more anger than most

They can do as they wish. No matter how many waltfan1957's are out there. As long as they are using there points, aren't morphing transferred points then they are doing what they have a right to do.

As for the "golden ticket" call it what you want. I used the term because we just watched Charlie and the Chocolate Factory. The term was just in my head.

Other Timesahes actually rent weeks/and or points FOR the members. They take a fee of course for this service. That in itself should prove without a shadow of a doubt that renting is allowed and yes even pre-booking weeks. Are you maintaining that Marriott and other large companies providing this service to the members are wrong or doing something illegal?

Please feel free to voice your displeasure with the business of renting directly to DVC. You may be surprised at what the response is.

 

[waltfan1957]

Please feel free to voice your displeasure with the business of renting directly to DVC. You may be surprised at what the response is.

no need to Disney has already voiced their own concerns you must have read the thread where they said they were going to look at rental patterns to find commercial renters

 

[waltfan1957]

Other Timesahes actually rent weeks/and or points FOR the members. They take a fee of course for this service. That in itself should prove without a shadow of a doubt that renting is allowed and yes even pre-booking weeks. Are you maintaining that Marriott and other large companies providing this service to the members are wrong or doing something illegal?

i have not mentioned any other timeshare company or marriot so how could i be maintaining anything if you wish to disagree with my opinion please stick to the facts and not make things up to justify your point of view

 

[Starr W.]

Here is just one reason why I don't think renting will be in my future. Pullled this doozy off a thread at DVC Planning.


new renter ...help please!

I am renting a studio for 10 nights at the BCV, My 5 yr old & I will be there the whole time, but I have different sets of people joining me at different times.....would I still be able to get the DDP since the people will be different every few days? Can anyone help with any other issues you think may arise....thanks so much!!!

 

[Sammie]

Sammie, you are welcome to hold that opinion but it is not supported in FL law or in the POS. And there is no published definition of Commercial Renting. The closest thing to it as stated in the POS is the limit of 2000 per resort and 5000 per person "To encourage purchase for personal use".

My understanding of it is based on information given to me by DVC. Anyone wishing clarification can contact them too. I never go into anything without the facts.

 

[dumbo71]

i have not mentioned any other timeshare company or marriot so how could i be maintaining anything if you wish to disagree with my opinion please stick to the facts and not make things up to justify your point of view

What you are maintaining is that renting is wrong and that pre-booking weeks is wrong. I simply pointed out that other Timeshare companies are doing it for the membership. Seems they think it is OK.

Just because you don't like it doesn't make it wrong.

 

[dumbo71]

My understanding of it is based on information given to me by DVC. Anyone wishing clarification can contact them too. I never go into anything without the facts.

I'd like a clarification on this. What information was given by DVC that makes you think renting is against the rules of the POS?

That would be a direct contradiction from what I was told directly by DVC legal. Upon reviewing my rental history and tactics used I was told in no uncertain terms that nothing I was doing is wrong.

With your track record here on the Dis, now I am confused. See, this is part of the problem, so many diferent bits of information given depending upon who you speak to. It would be nice if everyone was on the same page.