Renting vacation club points ???

[edlet]

[How does renting DC Points work?]

Moderator Note: Ad-like comments edited but thread remains to explain the process. <-- SueDonJ

 

[Fasttr]

This old thread explains it pretty well.

[2014] How do you "rent" Marriott VC points

I've seen several mentions of renting Marriott VC points. That's a new concept to me. We never seem to have enough points to lock in desired vacations and don't want to buy anymore because it doesn't seem to be the answer to our problem. Can someone please explain how it is done?

tugbbs.com

 

[GregT]

www.vacationpointexchange.com is a website where people list points for rent. Good luck!

Best,

Greg

 

[SueDonJ]

Info from this forum's Destination Club FAQ sticky thread:

Usage Transfers - All Members are allowed to transfer usage of DC Points to other DC Members, provided all parties are in good standing. Although the governing documents do not stipulate any certain amounts, currently the VOA's are able to process transfers only in 25-Points increments. Once transferred, control of such Points and any reservations made with them is assumed by the transferee. Transferred Points retain their original Use Year and their origination as either Trust or Exchange Points. Transferred Points cannot be banked, borrowed, or further transferred. Transfers have no bearing on a Member's Status Tier. Currently there are no limits to the number of transfers allowed to/from Member Accounts.

Usage Rentals - Renting to another DC Member may be done via a Usage Transfer as above.

Or, a DC Member in good standing may rent privately, to anyone, reservations that have been booked using his/her Points. Similar to private rentals of Marriott Weeks, the DC Member simply has to notify Owner Services of the rentee's name prior to check-in. Control of the DC Points and the reservation(s) made with them remains with the DC Member.

Currently there are no limits to the number of rentals allowed through Member Accounts.

Marriott does not currently have an internal Points Rental option. Rentals may be facilitated privately through any of the established sites including but not limited to the TUG Marketplace and Last Minute Rentals forums, and the two external sites mentioned here which have been developed by long-time TUGgers and are utilized extensively by Marriott Vacation Club owners/members:

• VacationPointExchange.com developed by TUGgers GregT and StevenTing shortly after the DC introduction
• Ownertrades.com developed by TUGger Clark in 2001, expanded to include DC Points resales/rentals following the DC establishment; taken over by well-respected broker Seth Nock in 2021

 

[BocaBoy]

Info from this forum's Destination Club FAQ sticky thread:

This 25-point rule changed a few years ago and now they can process transfers in 5-point increments.

 

[SueDonJ]

This 25-point rule changed a few years ago and now they can process transfers in 5-point increments.

Thank you!

 

[vail]

The problem with the point rental site is that there are too many email listed with scam attempts.
If Marriott rented points and purchased rental points from those that could not use them that would solve the issue.
BUT Marriott will never do that as it will hurt their main business--selling points.

Perhaps someone will set up a system where the rental points can be purchased or sold for cash instantly?
There would have to be a spread to make it worthwhile, but the comfort of knowing there is no possible fraud and that you could purchase the exact amount of rental points required, or sell the rental points instantly, would make it a great site.

 

[pspercy]

www.vacationpointexchange.com is a website where people list points for rent. Good luck!

Best,

Greg

I used that site for a small rental of points earlier this year.
It was painless, I received an offer for my request and the points were paid for and in my account the same day

 

[vail]

Yes.
When it works well it is a great site.
I have not had any issues either.
But I assume that with so many email addresses posted in the scam heading, when it goes badly....