I’ve been in touch with a few owners whom I found on different threads and websites/blogs. They’ve only checked availability for me so far, sharing several screenshots that show availability, their membership cards, and phone numbers.
All the owners I’ve been in touch with are either Chairman’s or Presidential status members, and it seems like they have a ton of points. For some, it also seems that renting points is a business.
I haven’t asked them to book anything yet since I needed to understand how everything works.
Of course, I’ll ask for proof of a reservation and will have a phone conversation with them before sending any money.
I’ll also request that some kind of contract be signed.
Is there anything else I should be asking for?
Attached are a couple of screenshots that they shared. Is this what the owner’s website typically looks like?
Just FYI - you are not renting points from owners, because only existing owners can rent points. You are renting a booked reservation. Depending upon what you are seeking, it may or may not be available.
As someone with MVC Trust Points, I would not book a reservation for you on a time frame that would be under 61 days without payment up front. When you are asking folks to book reservations for you, it requires time and effort, basically, you are asking the point owner to be your travel agent. Whereas, when one owner rents points to another owner, it is a simple form to transfer the points and the original owner is done. Payment also would be made in advance for that transaction.
Any reputable owner who is booking reservations for you to rent from them will have a standard form rental agreement to be signed, because as owners they can request you indemnify them, but under the terms of ownership, the owner remains ultimately liable for any damage. Owners are going to be probably more leery of you than you are of them. So, expect to remit payment up front before you see the confirmation changed to your name on any reservation. And if the booking is for a short notice stay (60 days or less) expect to pay for that up front. You should also expect a no cancellations allowed/no refunds policy. And, the owner will be required to submit that guest form on your behalf, so be prepared to provide the required info.
BTW - If any of them are renting points as a business, then that violates the T&C of ownership, and it is potentially problematic. No commercial activity is allowed. If MVC knows that a point owner is using the points to run a commercial operation, those reservations have the potential to be blocked by the company.