ELMC
DIS Veteran
- Joined
- Jul 4, 2011
It doesn't, it's a fallacious argument. I'm not convinced that anyone at DVC fully understands the resale/rental marketHow does the resale restriction prevent people from renting exactly? All it will do is make points cheaper and thus easier to rent.
I don't think it's the brokers they're trying to spite. I think it's the owners. They don't like the idea of anyone selling their DVC, ever. You bought it, you keep it, you USE it (not rent it). And so on for the next customer and so on for the next customer. As a business owner, I am familiar with this kind of thinking. Everybody is the competition.Doesnt sound like the cm really answered the question; dvc has been profitable so why risk it to just spite brokers earning 5-10%. I know she works for disney but all she is saying is "even if it hurts the customer we don't want someone else making money".
When I sell my DVC to someone else, Disney views it as me stealing from them. I took $20,000 from John Q. Public that they would have gotten. Resale SELLERS are their competition. The brokers are simply facilitators. The tricky part is, they can't come out and say that they want their owners to never sell and be locked in forever and that owners who sell are stealing from them. So they set up this straw man argument and hope that nobody notices.
Not sure about the second part but there are a significant number of industrial renters out there. I couldn't even begin to quantify it but between them and casual renters, the point rental market is vibrant as can be. Disney helps fuel the market by continuing to jack up the prices of hotel rooms, which are the key comparison point for point rentals. I'm curious to see what happens when the next recession comes and Disney starts to discount their hotel rooms so that booking through CRO is less expensive than renting. It won't be pretty.This is an honest question, is there a significant number of renters that are robbing people of their ability to get what they want?