The renter thing...again

[boatboatboat]

I hope not.

 

[Sammie]

ZallichnE

That sucks.

Might I suggest in the furture offering the points to DVC members via
a transfer. IMO if members are willing to let pts go for 10 bucks a crack, members should get 1st shot at points being let go at the LOW of a price.

So that the member can turn around and rent on Ebay at a profit.

 

[Groucho]

To sum up:

B3 wants every single penny he can get for his points - after all, the market will bear it. OK, by that thinking, I guess there shouldn't be any complaining if Disney halves the annual pass discount for DVC members, or raises the cost of the Dining Plan - after all, you're still saving money, and why give anyone a break? Maybe Disney should only offer $10 off an annual pass instead of $100? Why should they leave any money on the table? You admit that you want the minimum savings for a renter over what it costs to book the rooms at rack rate.

Hey, good for you if you find such joy in your money. Have fun. But not everyone is so deadset on acquiring more money for points that technically aren't supposed to be transferred for any amount of money.

Just remember (here's some elementary math for you) - the same extra $1 you think shouldn't be a big deal for renters to pay is the same $1 that you are so upset that some people aren't getting. So is $1/pt a big deal or not?

And I'm with JimMIA, this thread has acquired the texture of a dead horse.

 

[Daitcher]

I probably shouldn't speak for Kick, but it sounds like he would have liked a response "well, thanks for the answer, but I'm going to hold out for $10 a point."

Well if Kick had stated that I wouldn't have been confused. They could have at least taken the time to type "no thanks". I will say all kick did is type them an offer. He/she didn't call MS or anything.


DAVE

 

[Daitcher]

Dave...I'm not confused by the process, and the venting is from the owner's standpoint of the price not going up, just as you said yourself. My main issue was, as crisi said, there was no response one way or the other to me when I had said I was more than willing to help them out.

The renter is full within his/her rights to hold out for $10 a point, $9 a point, $8 a point if it's out there. But, for a short supply such as standard view at BWV you may want to be prepared to pay more than you're asking. Or stay at OKW.

I rented some points out for this coming November to a fellow DISer who had no problem with $11, and so far the transaction as gone swimmingly. (Swimmingly in a warm pool. )

I just feel that if you're going to request a sort of "premium" service, such as using an owners 11-month window to get the week you're after, then you shouldn't be shocked to see more than $10 a point as the asking price. And if you don't agree to those terms, hitting "reply" on a PM isn't too difficult. (Good call, crisi. )

That's why I vented...felt better, too.

See much better, I get it now.


DAVE

 

[Daitcher]

Call me crazy but here is what I'm going to do next year. I am going to rent some points for the first time. I'll probably want a 2 bedroom for 6 days. I will check the price through CRO and MS trying to get the member discount. Either way I'll see what the best price is for that 6 day period. I will then go on the rent/trade board looking for someone to transfer the points I need. I will offer a fair amount based on the best rate I was quoted. I certainly want to save money off the rate I was quoted but I won't low ball too much either. I could care less about price per point. How much can you save me is a better question. Renters using this price per point are hurting themselves. People looking to rent should simply do some homework and say, 6 days in a 2 bedroom costs $3300 through CRO. I'll rent it to you for $2500 saving you $800. Thiese numbers are ballparked by the way, just an example. Renters would still be saving money and you'll be making money. What is wrong with that? $10 is way to low right now. As others have stated certain times a renter can still save at $15/pp. For the record, I paid cash for a 2 night stay in a studio at BCV this year. I booked through CRO and the price was $320 per night for a total of $640. That 2 nights in a studio have cost from a point perspective would have taken 26 points. At 10/pp that would have been $260, saving me $380. At $15/pp it would have been $390 still saving me $250. Rentals should not be based on a per point cost. It should be clearly spelled out how much that room would cost and then set the price from there. Look for the Daitcher on the rent/trade board later this summer. I'll pay a fair price because a memeber will still be saving me money.


DAVE



DAVE

 

[Kick Save]

B3 wants every single penny he can get for his points - after all, the market will bear it.

Capitalism in action...B3 is full within his rights to do just that.

 

[mikesmom]

Part of the "renter thing" IMO is two different mindsets coming in conflict. On one side you have the mindset that DVC rooms are Deluxe rooms in Deluxe resorts and with DVC you can get them at a great savings. Many of us saw the savings in buying in, and some see that savings in renting. Mostly, those of us who ocassionally rent our points out have that attitude about what we can offer a renter, particularly a room during hard to book times. The other mindset are folks who start out on the Resort or Budget Board and are having issues with the price they have to pay at a Value or Mod (or 2 Value or Mod rooms when they have a bigger family). Or they are staying offsite and really want to stay onsite for a better price. Then someone on one of those Boards says "why don't you try and get DVC points, it is SO much cheaper".

Those 2 worlds collide because one of us sees getting a $300/night room for $160/night a real steal. The person who was led to believe they could beat the price of a Value see anything over $100/night (or $79/night or $89/night) as too high. They have certain expectations and are horrified when the reality is so much different. Sometimes they think they are being ripped off because after all "they have been told" we only pay $5/point and we're trying to double our money.

So, we are horrified when someone tries to "lowball" a DVC rental and they are horrified because they thought they could get 6 people into a WDW on property room for less than $100/night. (i'm not talking here about the people who go to WDW every 60 days by by shopping low priced points). Nobody is trying to rip anybody off, it's often just a case of misplaced expectations. One side is disappointed, the other side is insulted,everyone gets defensive, and pretty soon the thread is locked.
Maybe the formerly "Best Kept Secret" ought to be a little more secret. JMHO.

 

[boatboatboat]

Daitcher nice post. Well thought out.......

Mikemom, I agree with what you have said as well. I guess it seems like in the past DVC members "blink" and bail out. IMO they should just transfer the pts to another DVC member at 10 bucks before they "rent" them to someone else for 10 bucks.

 

[nathandunn]

6) You dont rent and lose the points.

One of five things will happen:

1) They will come around and pay your price.
2) They will find someone to rent for $10/point.
3) They will pay rack rate through Disney.
4) They will stay at cheaper, possibly off site accommodations.
5) They will cancel their vacation.

The way I see it, 4 out of 5 options.... they lose!

MG

 

[sajetto]

mikesmom, well put. The expectations are definitely too high

 

[boatboatboat]

6) You dont rent and lose the points.


fear tactic.

DVC's owners are in control of the points, and should adjust their mind set.

 

[MinnieGirl33]

I wish DVC owners would look for other DVC owners to transfer pts to if the "price" is 10 bucks.

let the "10 dollar" points stay in the family as it were.

I'll offer my points to another DVC member before i sell them to a non DVE person for 10 bucks.

 

[spiceycat]

Groucho there was a member renting points from other members with sad stories and how poor she was, etc - for $8, $9 or $10 - then rerenting them on THIS BOARD for $11, $12 or $13....

Yes - it has been done....

 

[crisi]

6) You dont rent and lose the points.

Not likely. I have a list in my phonebook of twenty names. People who have said "if you ever can't go to Disney and need someone to stay in that timeshare you have...." Most of them would pay me enough to cover my dues, a couple probably wouldn't do that, but would be late on the list of people I'd call - or would be people I'd be comfortable gifting points to. I can also donate points - and write it off on my taxes. My husband and I have relatives and friends in Florida who can go on short notice. The only place I'd be stuck is if I had points I needed to fire sale because of a cancelled trip.

I suspect many DVCers are like me - and in reality we can do lots of things with our points other than rent them - especially points early in our use year when we know we aren't going.

But I really don't trust "other DVC owners" who want a break on my points. Because I think some of them turn around and rerent my points on eBay - making a profit on me. I like the theory - and there are people here I'd transfer extra points to in a second, but I'm a little suspicious of any owner who continually looks for transfers.

 

[DisFlan]

Then someone on one of those Boards says "why don't you try and get DVC points, it is SO much cheaper".

I'm beginning to cringe when I see that. Someone on the Resorts board asked about where a family of 5 or 6 could stay cheaply for 3 WEEKS around Christmas - this year. They got the standard "Ohhh, go rents points, it's SO cheap" suggestion from several posters. I mentioned that renting for 3 weeks at that time of year, a 2-bd could run about $10,000. And that ressies are hard to get around Christmas - because DVC people book heavily at that time (the nerve of us).

To top it off, I got a PM asking why I'd LIE about something like this! That I was just one of those snooty DVC people who didn't like renters. And that "people who aren't rich" have a right...blah blah blah. I told this person to go look at the point charts and multiply what they found by $10 - the cheapest it was likely to be, and many owners charge more. I could have replied with a LOT more than I did. (I was good.)

I'm not anti-renting, but it seems like people are beginning to view DVC as a bottomless, cut rate form of CRO - that they have a "right" to, no less. This bothers me.

DisFlan

 

[Tinky]

spiceycat Groucho there was a member renting points from other members with sad stories and how poor she was, etc - for $8, $9 or $10 - then rerenting them on THIS BOARD for $11, $12 or $13....

You have got to be kidding??? Seriously??

 

[boatboatboat]

They got the standard "Ohhh, go rents points, it's SO cheap" suggestion from several posters.

I'm not anti-renting, but it seems like people are beginning to view DVC as a bottomless, cut rate form of CRO - that they have a "right" to, no less. This bothers me.

DisFlan

EGG-ZACT-LEE, DVC owners who rent at 10 bucks are viewed as sources of rooms at half the market price.

How can ya get a luxury at a budget price? Find a DVC owner who simply goes with the flow, and subsidies others vacations by renting out what THEY PAID FOR, for less then it cost them.

 

[sajetto]

Wow, DIS Flan you have a lot more tact than myself. If I got a PM with a remark like that, I wouldn't be so "good" as you put it. On the weddings board just a few days ago someone asked about renting points and got responses like "its really cheap" "try not to go over 10 per point though" "ask for references and a contract" (I agree with that one though)

 

[rinkwide]

...there was a member renting points from other members with sad stories and how poor she was, etc - for $8, $9 or $10 - then rerenting them on THIS BOARD for $11, $12 or $13...

GASP!

You know, maybe Cuba and North Korea are on to something.