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Post by mcd on Apr 27, 2023 9:03:37 GMT -5
All my points are Poly points. I am hoping to book a 2 bedroom at BWV or Beach Club the last week of March 2024. The 11 month window just opened. I know its hard to snag these at 7 months. I got 3 days at BWV last year by being diligent and checking repeatedly. This time I have been reading about point swapping and wondered what experiences people have had. Can you and the other DVC member call in together and have points swapped between accounts at the same time? If so I would think transfers or swapping would be safer than renting some else's points without using a 3rd party rental company.
My understanding is that the points retain their home resort and 11 month window, and I control the booking once the points are in my account. I am curious what people's experience has been with this. I think a point transfer would be more attractive than renting because of the control you retain, so I am wondering why it isn't more popular (among DVC members at least). All I hear about is renting and very little about transfers or members swapping points (obviously you can only rent if you aren't a member).
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Post by fuzzylogic on Apr 27, 2023 9:05:25 GMT -5
Yep you understand it all right.
You can call in together, I've done this several times.
Yes it is safer / better than renting, mainly cuz you get closure faster.
No hassles with changes. You just do them yourself cuz they're your points.
Once you transfer, the points are yours. You do whatever you want with them.
Why don't most ppl do it? A lot of reasons.
Don't understand it or don't realize the benefits.
Can only do one in or out total per UY / membership.
(For example I have several contracts in one membership and I can do a total of 1 in or out per UY)
Owners like the control of managing reservations for people.
Once they're in your account, you have to call in to MS to use them.
Most rentals are small "studio for a few days" type things so it's not worth wasting one's only transfer.
Owners want to save their transfer for themselves. Only use it for a renter if absolutely necessary.
It's smart to use your transfer if you can or have a need to. Just use it wisely.
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Post by mcd on Apr 27, 2023 9:38:58 GMT -5
Yep you understand it all right. You can call in together, I've done this several times. Yes it is safer / better than renting, mainly cuz you get closure faster. No hassles with changes. You just do them yourself cuz they're your points. Once you transfer, the points are yours. You do whatever you want with them. Why don't most ppl do it? A lot of reasons. Don't understand it or don't realize the benefits. Can only do one in or out total per UY / membership. (For example I have several contracts in one membership and I can do a total of 1 in or out per UY) Owners like the control of managing reservations for people. Once they're in your account, you have to call in to MS to use them. Most rentals are small "studio for a few days" type things so it's not worth wasting one's only transfer. Owners want to save their transfer for themselves. Only use it for a renter if absolutely necessary. It's smart to use your transfer if you can or have a need to. Just use it wisely. Thanks! That logic was clear and not at all fuzzy, so you are not living up to you name. The one time per year is one of the major reasons I overlooked, and it makes sense as to why its less often used. |
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Post by nickys on Apr 27, 2023 10:54:19 GMT -5
I would disagree it’s safer. It’s a final transaction. At least with renting if the renter doesn’t pay then you can cancel the reservation and get your points back. With a transfer if the person you transferred to doesn’t pay then there’s nothing you can do. You can’t get them back. And if you ask for payment up front then the other person can’t do anything if you don’t turn up to the arranged call, they lose their money.
In many ways renting is safer for the owner. A transfer is more convenient for the recipient but there is risk on both sides. I don’t think it’s safer for either party, but I guess it’s no riskier than renting for the recipient.
You both have to be on the call but DVC will not get involved in any dispute. In fact it’s against the rules to transfer points for money, so you can’t mention money being involved or the CM will refuse to do the transfer. Although what they would do if you let slip after the transfer was made I’m not sure.
And also you can’t swap points unless it’s for different use years.
If I want Poly points from you and you want BCV points from me, then the transfers would have to be in different use years. If you transfer Poly points to me for the 2023 use year then I would need to transfer BCV points from use year 2024 to you, for example. The points also retain their own use year, which might not match yours.
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Post by mcd on Apr 28, 2023 20:15:12 GMT -5
I would disagree it’s safer. It’s a final transaction. At least with renting if the renter doesn’t pay then you can cancel the reservation and get your points back. With a transfer if the person you transferred to doesn’t pay then there’s nothing you can do. You can’t get them back. And if you ask for payment up front then the other person can’t do anything if you don’t turn up to the arranged call, they lose their money. In many ways renting is safer for the owner. A transfer is more convenient for the recipient but there is risk on both sides. I don’t think it’s safer for either party, but I guess it’s no riskier than renting for the recipient. You both have to be on the call but DVC will not get involved in any dispute. In fact it’s against the rules to transfer points for money, so you can’t mention money being involved or the CM will refuse to do the transfer. Although what they would do if you let slip after the transfer was made I’m not sure. And also you can’t swap points unless it’s for different use years. If I want Poly points from you and you want BCV points from me, then the transfers would have to be in different use years. If you transfer Poly points to me for the 2023 use year then I would need to transfer BCV points from use year 2024 to you, for example. The points also retain their own use year, which might not match yours. My safer comment was more to the swap scenario where you and the other person are on the phone with DVC member services at the same time. I hadn’t seen anything on the swap has to be for different use years. That really reduces the likelihood of finding another member to make a swap IMO. Thanks for the clarification. |
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Post by nickys on Apr 29, 2023 4:16:31 GMT -5
I would disagree it’s safer. It’s a final transaction. At least with renting if the renter doesn’t pay then you can cancel the reservation and get your points back. With a transfer if the person you transferred to doesn’t pay then there’s nothing you can do. You can’t get them back. And if you ask for payment up front then the other person can’t do anything if you don’t turn up to the arranged call, they lose their money. In many ways renting is safer for the owner. A transfer is more convenient for the recipient but there is risk on both sides. I don’t think it’s safer for either party, but I guess it’s no riskier than renting for the recipient. You both have to be on the call but DVC will not get involved in any dispute. In fact it’s against the rules to transfer points for money, so you can’t mention money being involved or the CM will refuse to do the transfer. Although what they would do if you let slip after the transfer was made I’m not sure. And also you can’t swap points unless it’s for different use years. If I want Poly points from you and you want BCV points from me, then the transfers would have to be in different use years. If you transfer Poly points to me for the 2023 use year then I would need to transfer BCV points from use year 2024 to you, for example. The points also retain their own use year, which might not match yours. My safer comment was more to the swap scenario where you and the other person are on the phone with DVC member services at the same time. I hadn’t seen anything on the swap has to be for different use years. That really reduces the likelihood of finding another member to make a swap IMO. Thanks for the clarification. Yeah, I was trying to explain that there really isn’t such a thing as a swap. It’s two point transfers however you do it. And here’s another scenario. So let’s say you do find someone with suitable points. You’ll each transfer points to each other, no money exchanging hands. You’re on the phone with them and DVC. You’re transferring your points first, so the CM does that. And then the other person puts the phone down. You’re left with no redress at all, the transfer is final. I don’t think there‘s anything safer about it The best way to accomplish what you want to do might be to arrange a reciprocal rental agreement. It isn’t as convenient as booking yourself, but you could book BCV for me and I’d book Poly for you. Of course you’d have to work out the relative value, using the points required for each stay, and get it as close to balanced as possible. |
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Post by helenabear on Apr 29, 2023 4:35:44 GMT -5
My safer comment was more to the swap scenario where you and the other person are on the phone with DVC member services at the same time. I hadn’t seen anything on the swap has to be for different use years. That really reduces the likelihood of finding another member to make a swap IMO. Thanks for the clarification. Yeah, I was trying to explain that there really isn’t such a thing as a swap. It’s two point transfers however you do it. And here’s another scenario. So let’s say you do find someone with suitable points. You’ll each transfer points to each other, no money exchanging hands. You’re on the phone with them and DVC. You’re transferring your points first, so the CM does that. And then the other person puts the phone down. You’re left with no redress at all, the transfer is final. I don’t think there‘s anything safer about it The best way to accomplish what you want to do might be to arrange a reciprocal rental agreement. It isn’t as convenient as booking yourself, but you could book BCV for me and I’d book Poly for you. Of course you’d have to work out the relative value, using the points required for each stay, and get it as close to balanced as possible. Transfers I know take place after money is transferred and not before. No one I know would transfer prior to payment. With such quick methods, it can happen all at once practically. I do think there is a level of safety vs renting though. But that's my opinion knowing renting and transferring. If paying money the risk is the same either way but there is security knowing that they cannot cancel or worry about their account defaulting due to non-payment etc. If transferring out the points there is no risk. Get money then transfer. Bigger issue is the 1 transfer per year deal. |
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Post by nickys on Apr 29, 2023 4:50:11 GMT -5
Yeah, I was trying to explain that there really isn’t such a thing as a swap. It’s two point transfers however you do it. And here’s another scenario. So let’s say you do find someone with suitable points. You’ll each transfer points to each other, no money exchanging hands. You’re on the phone with them and DVC. You’re transferring your points first, so the CM does that. And then the other person puts the phone down. You’re left with no redress at all, the transfer is final. I don’t think there‘s anything safer about it The best way to accomplish what you want to do might be to arrange a reciprocal rental agreement. It isn’t as convenient as booking yourself, but you could book BCV for me and I’d book Poly for you. Of course you’d have to work out the relative value, using the points required for each stay, and get it as close to balanced as possible. Transfers I know take place after money is transferred and not before. No one I know would transfer prior to payment. With such quick methods, it can happen all at once practically. I do think there is a level of safety vs renting though. But that's my opinion knowing renting and transferring. If paying money the risk is the same either way but there is security knowing that they cannot cancel or worry about their account defaulting due to non-payment etc. If transferring out the points there is no risk. Get money then transfer. Bigger issue is the 1 transfer per year deal. Absolutely! It’s just that mcd was talking about wanting a a “swap” rather than a financial arrangement. I was pointing out the pitfalls of that. |
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Post by helenabear on Apr 29, 2023 5:01:01 GMT -5
Transfers I know take place after money is transferred and not before. No one I know would transfer prior to payment. With such quick methods, it can happen all at once practically. I do think there is a level of safety vs renting though. But that's my opinion knowing renting and transferring. If paying money the risk is the same either way but there is security knowing that they cannot cancel or worry about their account defaulting due to non-payment etc. If transferring out the points there is no risk. Get money then transfer. Bigger issue is the 1 transfer per year deal. Absolutely! It’s just that mcd was talking about wanting a a “swap” rather than a financial arrangement. I was pointing out the pitfalls of that. The swap portion does make it almost impossible for the other reasons. Even with multiple contracts I'm limited to 1 transfer. Even swapping with renting would be hard. Much easier to rent what you want in two transactions. |
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Post by applegrcoug on Apr 29, 2023 9:27:29 GMT -5
I have done a few transfers...
One year, I did a sort of "swap." I received BLT points into my Oct UY. That used my one transfer for that UY. Then from my Sep UY, I sent VGC points, using my one transfer for that UY. Both of these transactions were for more than 150 points, so not a nickel and dime type thing.
It takes a lot of trust by both parties and the only transfers seem to be for larger point amounts.
I'm not sure it was mentioned, but you can not transfer banked points.
Also, transfered points do show up in your dashboard thing as points you can work with. You no longer have to call MS to use them.
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Post by nrspepe on Apr 29, 2023 13:30:29 GMT -5
I had looked for someone to swap my BWV points for their VGC points a while back. I got no takers.
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Post by mcd on Apr 29, 2023 17:12:39 GMT -5
Why does the swap have to be different use years? Because you only get one transfer per UY and that counts as two?
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Post by mcd on Apr 29, 2023 17:16:39 GMT -5
I had looked for someone to swap my BWV points for their VGC points a while back. I got no takers. Hit me up if you are ever interested in PVB points as I was hoping to get some BWV points at some point. I don't have anything available for 2023 UY, but I do have 200 2024 August UY. I may end up renting anyway as I see Nickys' points. The one pushback (and I think Helenabear pointed this out) is that once the points are in my account, I don't have to worry about the other party backing out or doing anything screwy. |
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Post by BWV Dreamin on Apr 29, 2023 17:18:26 GMT -5
I had looked for someone to swap my BWV points for their VGC points a while back. I got no takers. Hit me up if you are even interested in PVB points as I was hoping to get some BWV points at some point. I don't have anything available for 2023 UY, but I do have 200 2024 August UY. I may end up renting anyway as I see Nickys' points. The one pushback (and I think Helenabear pointed this out) is that once the points are in my account, I don't have to worry about the other party backing out or doing anything screwy. One thing to note about transferred points. They will not show up online for you to use to book. You have to call member services to book with those points. |
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Post by nickys on Apr 29, 2023 17:19:57 GMT -5
Why does the swap have to be different use years? Because you only get one transfer per UY and that counts as two? Yes, you can only have one transfer per use year, either in or out - not both. |
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