- Joined
- Jun 26, 2013
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- Location
- Connecticut
- Resorts Owned
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Marriott's Grande Ocean (Enrolled)
MVC Trust Points
One more renters tip regarding Use Year. Currently, the vast majority of folks renting out their points are Legacy owners and the reasons are twofold, 1) there are currently more of them out there than there are Trust owners and 2) they tend to have more points that the average Trust owner. That said, over time, as the number of pure Trust owners increases, you are likely to see more and more Trust owners renting out points on the peer to peer rental sites. Remember, its the pure Trust owners that, as a general rule, have the oddball (non calendar) Use Years.
Here's the tip. When possible, rent points from a Use Year that will be "friendly" to when you plan to use your points. For instance, if you are booking Christmas week, renting Calendar Use Year points works, but if for some reason you have to cancel that ressie close in, you only have until 12/31 of that year to re-use those points....leaving you hanging. That said, if instead you rented fiscal Use Year points with a more "friendly" Use Year for your intended use (as an example 10/1/xx-9/30/xx Use Year) and you book that same Christmas week and have to cancel it at the last minute, you still have 9 more months to use those points for another ressie.
Just figured I would point that out as it can make a difference.
Here's the tip. When possible, rent points from a Use Year that will be "friendly" to when you plan to use your points. For instance, if you are booking Christmas week, renting Calendar Use Year points works, but if for some reason you have to cancel that ressie close in, you only have until 12/31 of that year to re-use those points....leaving you hanging. That said, if instead you rented fiscal Use Year points with a more "friendly" Use Year for your intended use (as an example 10/1/xx-9/30/xx Use Year) and you book that same Christmas week and have to cancel it at the last minute, you still have 9 more months to use those points for another ressie.
Just figured I would point that out as it can make a difference.