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How do I rent out my points? Is it profitable?

Discussion in 'Disney Vacation Club - DVC' started by Formerexpat, Apr 7, 2018.

  1. Formerexpat

    Formerexpat Guest

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    DH and I have owned in HHI for 15+ years and now live near that resort. Also own at SSR. Frankly we are over the theme parks for now, till we have grandchildren old enough to bring. For the next couple of years it might be nice to go outside of DVC, outside of RCI, and all the Collections, and if we could get $$ for our points (safely) I’d be game to try. How does one go about offering their points for rent, and how much could we expect to net? Thanks for your help!
     
  2. icydog

    icydog TUG Review Crew: Expert TUG Member

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    Hilton Head is a niche market. Right now on Redweek.com I don't see any for rent. I use Redweek and the Disboards to rent my points out but I can tell you most people want to go to Walt Disney World. (I, on the other hand, love Disney's Hilton Head Island Resort in the winter, spring and fall. Summer on Hilton Head is too Hot, Humid and crowded)

    At 7 months all points are equal. I think either of the options I mentioned above would work.

    You can also use a broker and there are a lot of them around. Points are a commodity right now. It is definitely a sellers market even at 7 months but because Hilton Head is what it is you will probably get only $13 per point for Disney World resorts.
     
  3. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

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    Location:
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    Resorts Owned:
    Wyndham Plat,RCI pts,Shell,WorldMark,OKW,SSR pts; Marriott's Willow Ridge;Val Chatelle; Hono Koa; SBP; Blue Ridge Village.
    I have rented my DVC points over the last few years, and I get $15 per point by renting Disney's Aulani studios. The cheaper I get them, the better they rent. So cheaper views, cheaper times of year. I advertise free on Craigslist. I like making $9 per point in profit X 500 points. There are always annoying people who want dates I cannot possibly get, like July 4th week. I tell them to let me know 7 months out next time.

    Disney's Californian is easy to rent as well. A studio can easily get $17 per point during busy times of year at Disneyland. But just try to get it. It's practically impossible to get anything in a studio, even at exactly 7 months out.
     
  4. TravelTime

    TravelTime TUG Member

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    I keep seeing the acronym DH. What does it mean?
     
  5. DeniseM

    DeniseM Moderator

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    Dear Husband - it's internet/text talk - not timeshare specific.
     
  6. Janann

    Janann TUG Review Crew: Veteran TUG Member

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    Disney's Saratoga Springs
  7. Trudyt623

    Trudyt623 TUG Member

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    I just rented my Animal Kingdom points with David's Vacation rentals and just about doubled my maintenance fees. Points were rented in less than 24 hours and 70% of the money was in my paypal account the next day and transferred into my bank account within 72 hours. Yes, it can be very profitable.
     
  8. icydog

    icydog TUG Review Crew: Expert TUG Member

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    Hi Cindy, I used CL once and I will never use it again. Hi cost items seem not to do well on CL. I rent my BCV points out at 11 months at $17-18 per point. I have started to rent two bedroom villas only, and I ask the renter to pay the PayPal fees.
     
  9. icydog

    icydog TUG Review Crew: Expert TUG Member

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    Thats the rub with David's. You give up all your points and get 70% paid--and then wait a year to get the other 30%.

    That's not for me. My business model is I get paid upfront through PayPal and the funds are non-refundable just like airline tickets. It works for me and always has worked for me. I've been doing this for 20+ years now. I always suggest that my guests pay me by credit card through PayPal.
     
    Trudyt623 likes this.
  10. Trudyt623

    Trudyt623 TUG Member

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    Icydogy, last year was the first time I rented my points out so I am new to this. I love having these conversations and learning. Boy, am I learning new things here!

    p.s. I could not figure how to quote with all the multi quotes in the post
     
  11. icydog

    icydog TUG Review Crew: Expert TUG Member

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    You can reply to a post by hitting Quote and Reply. If you want to reply to more than one person in your reply hit Quote and Reply again. Both Quotes will show up in your reply.
     
  12. icydog

    icydog TUG Review Crew: Expert TUG Member

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    Hit Quote and Reply to reply to two separate quotes in your reply.
     
    Trudyt623 likes this.
  13. TravelTime

    TravelTime TUG Member

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    Do you own at Grand Cal? I am able to get studios with no problem. I decided a few days ago I did not want the studio and switched to a 1 bedroom. I have never had any problems booking my home resorts so far. I just switched Aulani to different dates and got exactly what I wanted. I think as long as they are your home resorts, it is not a problem.
     
  14. icydog

    icydog TUG Review Crew: Expert TUG Member

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    Do you own in CA? If you do, you can get BIG dollars for a rental there.
     
  15. TravelTime

    TravelTime TUG Member

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    I own at Grand Cal, Aulani and several orlando resorts. I have not had any problems reserving what I want at any time between 11 and 7 months. Even after 7 months, somtimes I get lucky.

    BTW, I do not rent my timeshares. I buy to use. If I ever can't use, I would consider renting on an exception basis. This is not a business to me.
     
  16. Bdpd

    Bdpd TUG Member

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    I'm new to this, so just how do you accomplish this on your own? Any other tips other than go to Disboards and read? We have owned since 1997 and have always used them- now looking to possibly do a 1 time rent out. Thanks for any thoughts and info.
     
    Last edited: Apr 28, 2018
  17. Crafty71

    Crafty71 TUG Member

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    If you are looking for a 1-time rent out, I would suggest you work with a broker like David's...soooo much easier than trying to figure out the market, the demand, the rules, find a renter, how to collect, should I do a rental agreement, etc.

    I have used them a couple of times and it has always worked exactly as advertised.

    Cheers!
     
  18. Bdpd

    Bdpd TUG Member

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    Thanks- will look at that.
     
  19. djohn06

    djohn06 TUG Member

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    Vistana SBP and SVV
    Westin Kierland
    Bluegreen Harbor Lights
    Wyndam Waikiki Beachwalk
    Quarterhouse New Orleans
    I've rented my own and have gotten $17 - $19 pp by focusing on peak travel periods. As Disney continues to raise rooms at their deluxe resorts, there is more profit can be gained from us owners renting out our points.

    But, if you want hands off, the brokers are the way to go. You probably will get $13 a point with them. That's still a good deal for you.

    I'm still trying to figure out if renters have to pay the daily car resort parking fee.
     
  20. chriskre

    chriskre TUG Member

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    Location:
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    DVC- SSR, Poly,
    Wyndham Las Cascadas
    HGVC Tuscany Village
    Bluegreen CMV UDI
    RCI pts at VVParkway
    Enchanted Isle resort.
    I rented 2 years worth of points in less than 2 weeks.
    Easy peasy with the points rental brokers.

    Yeah you pay a little spread to them for the work but I didn't even
    have to log into my account to do anything. He did everything.
    Direct deposit ACH into my bank of 75% and then the rest
    is due closer to check in.

    I used Paul at DVC rental store.
    He used to be on one of the big Disney DVC forums so I had a
    comfortable feeling about them.
    https://dvcrentalstore.com/

    Take the cash you make after paying your MF's and use that to
    pay cash for the vacations that you really want for now. DVC is
    getting really expensive to buy into $225/pt. so if you later decide you
    want to go back to Disney, you'll be happy you didn't sell your
    points and rented them.
     
  21. Bdpd

    Bdpd TUG Member

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    The points I have were banked and need to be used by Nov 30 because of my use year. If I don’t use them myself or rent them, I guess I will deposit to RCI. It is probably too late to figure how safely rent on my own. Thanks for any other thoughts...
     
  22. Bdpd

    Bdpd TUG Member

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    Thanks- will definitely check them out!
     
  23. chriskre

    chriskre TUG Member

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    Location:
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    DVC- SSR, Poly,
    Wyndham Las Cascadas
    HGVC Tuscany Village
    Bluegreen CMV UDI
    RCI pts at VVParkway
    Enchanted Isle resort.
    Oh don't give them to RCI!
    He will rent them for you in a few weeks.
    You have plenty of time.

    Most of the rentals will be for a night or two,
    but you will be amazed at how many ressies
    you can get for Poly & BLT with just a few months planning.
    I'm learning so much myself! LOL
     
    famy27 likes this.
  24. tgropp

    tgropp TUG Member

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    Understand that. I prefer to have Davids look after renting my points. It is completely Worry Free. They look after Everything. I have no problem waiting to get the extra 30%. It goes towards the MF's. Everyone has their preferences and they are all good.
     
  25. TravelTime

    TravelTime TUG Member

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    Both David’s and Paul at DVC Rental Store have been mentioned here. What are the pros and cons of each company?

    Also, what if the renter cancels their reservation. When do you get the remaining 30%?
     

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