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

[UConnJack]

Although I am confused by your inclination to agree with the profile of a DVC renter that crisi presented, although there are no polls or scientific data to back up that statement, but disagree with my assessment of a "typical" DVC owner because of a lack of polls or scientific data.?

Sorry, I didn't mean to put you on the defensive. I wasn't trying to imply MY assessment is correct over yours, just that those are my impressions of DVC owners and renters in my experience. I don't know who's right, I'm just suggesting someone put a poll out there to find out the trend rather than us all guessing and arguing.

In terms of your particular profile/situation I am also confused as you stated you were a regular user of value/moderate who bought into DVC as an economical upgrade to deluxe (parapharsing there). However, in your next posting you state that you rent out your points because its cheaper to pay cash say at HHI. In that case how was purchasing DVC an economical upgrade other than renting out the points?

It wasn't, but I didn't buy into DVC primarily for HH, it was primarily for WDW. After staying a couple times at HH, I found I really enjoy it, but since I can get cheaper cash reservations at the time I usually go, I don't waste my points for it. That's fits right into my point, it's NOT economical to stay at HH with DVC points at the time of year I usually go, that's why I rent because it takes less points for the cash I need to stay there (or about the same if I want to fly and pay for airfare too). Plus if I didn't own DVC, I wouldn't get the cash discount or access to that block of rooms.

 

[UConnJack]

I'd say that DVC owners are split between people who were staying in Deluxes that want to save money, people who were staying in Moderates that saw an economical upgrade, people who wanted a condo like accomodations (yeah! Kids in another room!) and the completely emotional "own Disney" or even more emotional "purchase during vacation high." And yes, people who purchased because they felt they could make a profit renting points. Most people begin looking into DVC to save money, but most owners don't save money - most of us are upgrading in some fashion or another - either the resort or the room type or the frequency of our trips. In other words, its not clear to me at all that there is a typical profile that motivates buy in, nor is is clear to me that years after the fact most owners would be able to properly identify their own motives (i.e. poll your heart out, I wouldn't trust the answers, nor would this particular self selecting sample mean much). Had you asked me when I was signing on the dotted line, I'd have said "save money." Now, years later, its "affordably treat family and friends" and "have kids sleep in a different room." I'd even venture to guess that the 'typical' motivation probably has variation on which resort you choose as home - people buying BCV currently at $100 a point on the resale market probably have a very different profile than someone who purchased OKW ten years ago.

All good points, but a poll would be no less acurrate than the guesses being thrown around. Considering some of the silly polls that are put out there, I think this would be as informative (or at least just entertaining) as any.

 

[waltfan1957]

To recieve a higher price on the DIS you must book a desired week, and wait till you are close to the reservation (60 days out) to post it. At that time you can access how must to ask for the reservation b/c you can determine what CRO it getting for a similiar reservation at that timeframe.

great idea all you have to do is book all the best weeks so you can rent your points for maximum $, i dont think that was the intention of the DVC but then again the greedy will always only think of themselves.

 

[Slakk]

Why do we need to label people as either Moderate or Deluxe? It's actually quite demeaning if you think about it. Look, each one of us shares the common bond - a profound love for The Mouse. Down deep, Walt Disney World Resort guests really are all the same (except those filthy All-Stars people).

Don't forget us dirtbag SSRers...this one snatched a 2BR VWL room ressie with their dirtbag points from an unsuspecting and more deserving BCV.BWV/VWL owner starting TOMORROW!!!!

I had the audacity to do this at the 5 month mark...I should be ashamed - but I am not

 

[mikron]

I feel the people renting get a good deal compared to the rates disney charges. I rent when I can't use my points or to help with the dues. I think a point price of $12.00 per point would not be unfair to renters. At $12.00 per point there is still a great savings to the renter. If a DVC member contacts me and needs points to complete a trip I will discount my price per point. I won't do transfers, I will book some of there trip and link the reservations. Before you get up tight about the $12.00 price, check any vacation period with disneys prices.

 

[keys2kingdom]

I think a point price of $12.00 per point would not be unfair to renters. At $12.00 per point there is still a great savings to the renter.

OK, then go ahead and charge that price. That's the great thing, everyone is free to do exactly as they like.

 

[Johnnie Fedora]

That's interesting - does that put you at risk of getting "stuck" with the reservation or needing to fire sale it? It sounds like you have had good luck with that strategy.

I have had good luck with this strategy, especially during sell out times at WDW resorts. I have not had to fire sale any points b/c I have been able to plan my rentals just like I plan my personal use bookings. I believe 50% off WDW rates (including taxes) is the rate to pursue in rentals. I like selling reservations instead of points, unless I rent the points out before the 11-month window.

 

[Johnnie Fedora]

great idea all you have to do is book all the best weeks so you can rent your points for maximum $, i dont think that was the intention of the DVC but then again the greedy will always only think of themselves.

Exactly! I use the same stratagy that the greedy mouse does. Don't offer discounts during the busy seasons!

 

[DISDVCER]

Exactly! I use the same stratagy that the greedy mouse does. Don't offer discounts during the busy seasons!

But when we do that we are labeled a "Commercial renter" instead of the correct assesment of "Professional renter" and lower than a wet dirtbag by the vast majority here. Then strung up by our Mickey ears to dry out.

 

[WeddingPavilion]

I feel the people renting get a good deal compared to the rates disney charges. I rent when I can't use my points or to help with the dues. I think a point price of $12.00 per point would not be unfair to renters. At $12.00 per point there is still a great savings to the renter. If a DVC member contacts me and needs points to complete a trip I will discount my price per point. I won't do transfers, I will book some of there trip and link the reservations. Before you get up tight about the $12.00 price, check any vacation period with disneys prices.

But then you have some renters at the other end of the spectrum saying they "only want to pay $9-$10/pt".

 

[Deb & Bill]

But then you have some renters at the other end of the spectrum saying they "only want to pay $9-$10/pt".

No, you have MANY renters who say they only want to apy $9-10/pt. And a good bunch who want them for $8 a point.

 

[Sammie]

But when we do that we are labeled a "Commercial renter" instead of the correct assesment of "Professional renter" and lower than a wet dirtbag by the vast majority here. Then strung up by our Mickey ears to dry out.

I would imagine whether one is called commercial or professional does not matter to most. Either way it is the same. Those that don't care,don't and those against, think the same of professional or commercial.

 

[Dean]

I would imagine whether one is called commercial or professional does not matter to most. Either way it is the same. Those that don't care,don't and those against, think the same of professional or commercial.

No doubt that's accurate. I wouldn't worry about what others think.

But then you have some renters at the other end of the spectrum saying they "only want to pay $9-$10/pt".

They can want all they want and if they want to hold out for that price that's up to them but I hope they don't find takers.

 

[keys2kingdom]

I would imagine whether one is called commercial or professional does not matter to most. Either way it is the same. Those that don't care,don't and those against, think the same of professional or commercial.

Exactly, the label doesn't matter. The activity is the same.

 

[rinkwide]

...the greedy will always only think of themselves.

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

 

[kimberh]

But then you have some renters at the other end of the spectrum saying they "only want to pay $9-$10/pt".

You hold out for your price, it's your reservation, you are or me are in control, not the person trying to rent the reservation from us.

 

[bongo59]

we have been getting 14 a point from our stable of renters now going on close to 27 months.............but all of or renters have used us at least 4 times.............they are paying up for the service and reliability they get.

 

[Deb & Bill]

we have been getting 14 a point from our stable of renters now going on close to 27 months.............but all of or renters have used us at least 4 times.............they are paying up for the service and reliability they get.

Sounds commercial to me.......

 

[dumbo71]

we have been getting 14 a point from our stable of renters now going on close to 27 months.............but all of or renters have used us at least 4 times.............they are paying up for the service and reliability they get.

Really it doesn't matter who wants to call renters commercial or not. I've been called commercial for my 24 rentals I have had over the years. So be it.

My question for Bongo59 would be, Have you received any notification from DVC about these activities?

Also, when I stated that I had received an average return of $14 per point on my rentals many scoffed. Congratulations on your resourceful use of your points.

 

[dumbo71]

Exactly! I use the same stratagy that the greedy mouse does. Don't offer discounts during the busy seasons!

Exactly is right. Really besides the sarcasim, you have touched on something here. If DVC can rent points so can the membership and legally I might add.

I got sucked in recently with this "commercial" stuff. I now stand corrected. There is no such thing as commercial in my eyes any longer. Only those who know how to maximize profits. I'm not going to "string someone up" for using their membership to it's fullest. I was in fact doing that same thing so how can I throw stones?

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.