PDA

View Full Version : Considering Renting from a DVC Member?



DVC Mike
07-07-2007, 04:52 PM
This post is intended for non-DVC members who are interested in renting from a DVC member.

There are two ways you can stay in a Disney Vacation Club Villa:

Call WDW reservations (just like any other resort) and book a villa
Rent points from a DVC memberDisney allows the general public to book DVC units at rack rates through its regular resort reservations system, when available. Renting points from a DVC member is a much better deal, as it typically costs much less to rent from a DVC member than to book a DVC resort direct from Disney.

If you do decide to rent points from a DVC member, keep in mind that this is a private transaction between two people, and Disney is not involved in any way. If anything goes wrong, you canít complain to Disney or expect them to resolve any problem. Renting points takes some work ahead of time to protect yourself and minimize the inherent risk of these types of transactions.

Please use due diligence before entering into any agreement and certainly before sending any payment. Renting points requires trust on both sides of the agreement, but even with trust there is a need for you to do some due diligence and common sense checking before sending off your money to a total stranger. You donít want to be defrauded or left without a reservation.

Ask for references from the DVC member who is renting the points, and check their references
Don't rent from any member who has only made a few posts on the rental board. It could be an indicator of a scam. Review past posts on this board for the person you are working with so you can get an idea what type of person they may be.
Get the owner's full name, home address and home phone number before sending any payment. To the extent possible, confirm that the information is valid.
Confirm that the person is, in fact, a DVC owner by running a search at the Florida Comptroller's Office web site.
There should be a written contract or letter of agreement, signed by both of you, spelling out exactly what the rental will cost, when payment is due, dates of the stay, etc.
Never pay a total stranger by using a "cash equivalent" such as Western Union or money order.In summary: never, ever send money to anyone until you have confirmed their true identify and that they are, in fact, a DVC member, and you have a written agreement.

If something sounds "off," don't proceed. It's not worth taking the risk.

Also, please keep in mind the following:

Be aware that Disney Vacation Club will not speak with renters or give them any information. Only DVC owners can speak with DVC about reservations.
A DVC reservation is very different from a regular hotel reservation and the limitations/restrictions/penalties on the owner may make cancellation and rescheduling difficult or impossible. Those problems vary from owner to owner, from rental to rental, and you have no way of knowing what kind of restrictions the owner is under. If you get in a position where you have to cancel a rented reservation, the owner may not be able to help you.
You do not get daily maid service when you rent from a DVC member (while you do get daily maid service if you make the reservation through Disney CRO).The majority of rentals without any problem and involve satisfied parties on both sides of the transaction.

geoffa
07-08-2007, 12:19 PM
Consider using an "escrow" account. This holds the money until certain contractural obligations are met. Many banks offer this service. Never send cash or cash equivalents (as referred to in previous post).

DVC Mike
07-11-2007, 09:51 AM
Consider using an "escrow" account. This holds the money until certain contractural obligations are met. Many banks offer this service. Never send cash or cash equivalents (as referred to in previous post).

Hmmm. Good idea.

I also wanted to add that thousands of successful rental transactions have been completed throughout the history of the DVC program, and the savings are obvious. Reported instances of fraud occurring are small.

However, you should take whatever steps you feel are justified to become comfortable with the process prior to entering into a rental deal. You must understand that you are placing a great deal of faith in the DVC member's promise that a reservation has been made and will remain in force until your arrival.

efoxx
07-13-2007, 06:57 AM
mprewitt:

you seem to have joined with an agenda, that's your business, but be careful your posts don't become lectures please.
as to your recent post there is a little misleading.
When a DVC reservation is made the names of the people staying in the DVC are recorded. Disney will speak with any person listed on the reservation assisting in dinner reservations, etc. they will also confirm reservation dates and locations.

also you mentioned no maid service. while your statement is true that no daily maid service is included it is possible for the renter to get this for a fee, and trash/towel service plus full service comes on certain days depending on the length of stay.

your posts are otherwise full of very correct detail, but I feel if you are going to make the effort to be this correct you should include all the facts.

just my personal suggestion

DVC Mike
07-13-2007, 07:10 AM
mprewitt:

you seem to have joined with an agenda, that's your business, but be careful your posts don't become lectures please.


I certainly don't have an agenda. I'm just trying to post information that would be helpful to DVC members, prospective DVC members, and those interesting in renting from DVC members.

I think everyone considering renting points (whether the DVC member or the person renting the points) should become educated as to the process.

I am certainly not representing that I am a DVC expert; far from it!! Anyone may post revisions or corrections to my posts, or additional information if you feel I've left anything out. That's the purpose of having a forum like this, right?

geoffa
07-13-2007, 07:11 AM
Hey! Guys. Chill, eh?