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

[crisi]

And the problem remains that it is impossible to tell on a casual basis who is "renting" points and who is a real honest-to-goodness didn't-exchange-a-penny guest of the owner. If I give my mother in law points to use without my presence, is she less entitled to a standard view room than if I stay with her?

The way DVC is used by a lot of people is fairly complex. The contract we tried to by first time around was co-owned by three couples. A lot of people gift points to their parents or kids or siblings. Some people own DVC points as an employee or client perk. While we can tell who owns the contract at check in by checking ID against the name on the contract - being able to tell if a non-owner is a renter or not is a very difficult proposition.

 

[keys2kingdom]

To me any owner at that resort is FAR more deserving than a non owner at that resort even if they want to rent. Technically one only owns at one resort for those points and is added to the club by nature of the system. Thus I don't see owners at other resorts having much to say about anything that an owner at a given resort does. To me, any DVC member that exchanges in at the 7 month window is simply an exchanger, not an owner.

Point taken and this is obviously DVC's view on the subject as well, I just don't feel this way personally. I'm not out to clobber anyone or get into an argument about telling people what to do with their membership I just think it would be nice if members got the first choice. I realize that from a business standpoint nobody cares about such pleasantries but if I were ever to rent out my points I'd feel guilty about renting them before the 7 month window opened up. (Not implying that anyone else should feel guilty, just saying that I would.)

Dean you are notoriously unemotional about your membership, and I think that's a good thing. I however, have become more emotional about my membership since the mush incident and for better or worse I think that's the way I will stay.

 

[keys2kingdom]

And the problem remains that it is impossible to tell on a casual basis who is "renting" points and who is a real honest-to-goodness didn't-exchange-a-penny guest of the owner. If I give my mother in law points to use without my presence, is she less entitled to a standard view room than if I stay with her?

The way DVC is used by a lot of people is fairly complex. The contract we tried to by first time around was co-owned by three couples. A lot of people gift points to their parents or kids or siblings. Some people own DVC points as an employee or client perk. While we can tell who owns the contract at check in by checking ID against the name on the contract - being able to tell if a non-owner is a renter or not is a very difficult proposition.

I agree totally Crisi and that's why I said I knew that it would never really work that way. I know DVC doesn't really care about this issue and couldn't do anything about it even if they did. I was just sort of putting out a "bubble world" scenario and voicing my general feelings on renting.

 

[crisi]

I agree totally Crisi and that's why I said I knew that it would never really work that way. I know DVC doesn't really care about this issue and couldn't do anything about it even if they did. I was just sort of putting out a "bubble world" scenario and voicing my general feelings on renting.

I know what you mean. There are some "generalilities" you get before buying DVC. One is that the rooms are available to the general public when not in use by the members. What I don't think many of us realize is how many rooms are being made available to the general public through members - EITHER in rentals or in DVC trades (CRO, II, whatever). CRO doesn't book Boardwalk View or Standard View - and DVC doesn't appear to let BCV go in II trades very often, but members renting their own points do grab prime rooms and prime resorts for rentals. Part of me says "they are their points, they are entitled to use them as they see fit" and part of me has an emotional gut punch whenever a renter starts asking about "what to request for a perfect view."

 

[Dean]

Dean you are notoriously unemotional about your membership, and I think that's a good thing. I however, have become more emotional about my membership since the mush incident and for better or worse I think that's the way I will stay.

First, I consider that a great completment. You do have a lot of company in this approach. I think most members on this board make emotional decisions then try to justify them on the back end many times with quotes not directly related to what they were intended in the POS, etc.

And the problem remains that it is impossible to tell on a casual basis who is "renting" points and who is a real honest-to-goodness didn't-exchange-a-penny guest of the owner. If I give my mother in law points to use without my presence, is she less entitled to a standard view room than if I stay with her?

The way the rules are written, any guest that pays for your dinner is renting and makes you a renter.

 

[greenban]

First, I consider that a great completment. You do have a lot of company in this approach. I think most members on this board make emotional decisions then try to justify them on the back end many times with quotes not directly related to what they were intended in the POS, etc.

The way the rules are written, any guest that pays for your dinner is renting and makes you a renter.

Alas the SCARLET R

-Tony

"Officer I didn't realize what I was doing is considered renting, can't you cut me a break. This is my first infraction....?"

 

[crisi]

The way the rules are written, any guest that pays for your dinner is renting and makes you a renter.

Well, that makes me safe. When we took our guests we picked up EVERYTHING.

 

[Dean]

Well, that makes me safe. When we took our guests we picked up EVERYTHING.

Lucky you, LOL.

 

[CarolMN]

Lucky you, LOL.

IMHO, it's lucky GUESTS!

 

[drakethib]

But what if they're Buddhist?

Then they would be the evil buddhist ?????

 

[dumbo71]

Much needed? I don't think anyone is going to die if the points aren't rented.

Appreciated. I can agree with that.

The first part of the question, yes, if you intentionally book premium weeks with the sole intention of renting them out, yes, those people are truly the devil, Satan, the dude down under, whatever you want to call them, because by doing so you are screwing over DVC members who could use those dates. I am not getting in the debate of everyone has the same chance to book those dates because it is nothing more then a bunch of BS. They are making money off of a system in a manner that was not intended to do such.Twist it anyway you want, think or yourself as a financial genius by doing so if you want, but you are screwing over DVC Owners and I truly hope that those doing so get caught and have the membership revoked.

Those who rent their points because they are not going to use them, can't make the trip that they had planned, or need to make a few bucks and book a trip for someone I have no problem with (again no prebooking on premium times for the sole intent of renting them). Now when someone goes out and buys a butt load of points with the sole intention of making money by renting them, I just don't think that is right as that is not the intent of DVC. JMHO

By the way Dumbo, this post isn't aimed at you. When I make the statement "you or your" in my post, I meant anyone in general.


Agreeing with Deb & Bill, I think all of the questions have been answered on the previous threads concerning renting points.

Last Comment, I really believe the Rent & Thread Board should be fee based. Minimum DisSupporter ($20) to post on that thread. Those who gripe about it could post on another board. Just think how big of a server the DIS could get with all that money.

Thanks for the thoughts Drakethib.

You make some very valid points and I repsect how strongly you feel about this topic.

I also agree that at the minimum the rent/trade board users should pay a fee to use the board. Go on over there, you likely won't recognize a name because they do not, for the most part, contibute in any form to the board. Some do but most are just taking the free ride.

 

[drakethib]

Thanks for the thoughts Drakethib.

You make some very valid points and I repsect how strongly you feel about this topic.

I also agree that at the minimum the rent/trade board users should pay a fee to use the board. Go on over there, you likely won't recognize a name because they do not, for the most part, contribute in any form to the board. Some do but most are just taking the free ride.

You are indeed correct on recognizing names. I would also venture to say that the bulk of the people renting out points or reservations have 25 post or less which I would skeptical (MHO) if I were renting.


Hopefully DIS will start charging for the Rent Board. It is one thing for long time members (regardless of post count) and members who actively participate on the DIS have a place to post rentals, but someone just signing on briefly to rent is just draining resources.

Again, MHO>

 

[PinkTink63]

You are indeed correct on recognizing names. I would also venture to say that the bulk of the people renting out points or reservations have 25 post or less which I would skeptical (MHO) if I were renting >

This is something that I have noticed! I helped out some friends of mine and booked their trip for them and was just going to get points from the rent/ trade board to replace them. Everyone seems to have very few posts and want more than $10/pt. That's what I get for trying to help someone!

 

[kdzgon]

This is something that I have noticed! I helped out some friends of mine and booked their trip for them and was just going to get points from the rent/ trade board to replace them. Everyone seems to have very few posts and want more than $10/pt. That's what I get for trying to help someone!

We are new owners and purchased a resale contract with current points we would be unable to use, so I rented them. Upon the advice of some experienced members, I charged $10 per point. While I appreciated this advice and everything is going smoothly, I will not rent at that price again - it is simply too low for everything involved, and I will now have more references available.

That said, I suspect the odds of us renting points out in the foreseeable future are "slim to none". We just added a few more points, and I am already looking at subsidizing this year's quota by renting a few more points from others

 

[targuard]

I'm new at this so.........

How does one go about "renting" points that I can not use? Do I actually have to call and make the reservation for the person and put their name on it or do I send Disney something saying please transfer X # of points to this member one time?

It seams like alot of work if its up to me to book the time and do the leg work.

 

[salmoneous]

There are two separate transactions

"Renting Points" is you making a reservation and somebody pays you to use that reservation. You have to make the reservation for the person, plus make all calls to MS to add the DDP, change people on the reservation etc.

You can also tranfer points, which is a simplier 1-time transaction. You move the points and are done with them. However, you can only do one tranfer a year, and you usually have to charge a bit less than a rental.

 

[greenban]

Then they would be the evil buddhist ?????

I believe the PC term is the anti-Budda.

-Tony

 

[greenban]

There are two separate transactions

"Renting Points" is you making a reservation and somebody pays you to use that reservation. You have to make the reservation for the person, plus make all calls to MS to add the DDP, change people on the reservation etc.

You can also tranfer points, which is a simplier 1-time transaction. You move the points and are done with them. However, you can only do one tranfer a year, and you usually have to charge a bit less than a rental.

Actually, it is completely against the policies in the POS to accept any compensation for a transfer. Be careful.

-Tony

 

[PinkTink63]

We are new owners and purchased a resale contract with current points we would be unable to use, so I rented them. Upon the advice of some experienced members, I charged $10 per point. While I appreciated this advice and everything is going smoothly, I will not rent at that price again - it is simply too low for everything involved, and I will now have more references available.

That said, I suspect the odds of us renting points out in the foreseeable future are "slim to none". We just added a few more points, and I am already looking at subsidizing this year's quota by renting a few more points from others

When we first bought DVC we rented out our points, because we already had our vacation to Disneyland set and we rented ours for $10/pt. too! I thought I could easily get the points back that I rented to my friend, but that does not seem to be the case now!

 

[Slakk]

Well, that makes me safe. When we took our guests we picked up EVERYTHING.

Count me in too...my parents come with us every year now and pay for nothing. I stupidly offered to add my brother and his family to next year's trip and so now I think I could seriosly be called the family welfare state.

How can I rent points when my family uses them???