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Post by rwethereyet on Feb 1, 2023 13:40:02 GMT -5
So, if you have a friend that may want to purchase a reservation you have booked, what do you think is currently a reasonable amount to charge per point? Riviera is the resort by the way, if that makes a difference.
They want to go at a time that there are no studios available for the resort they want and I have a confirmed reservation for that time frame. I can book myself a room at another resort and let them have the one I have reserved at the Riviera.
I just want to be reasonable and fair to both parties involved. I know a lot of people say never charge a friend, but I am not interested in hearing about that.
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Post by BWV Dreamin on Feb 1, 2023 14:00:05 GMT -5
I would rent them at $18/pt. That is a reasonable rate especially when brokers will charge them $20+.
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Post by nickys on Feb 1, 2023 14:19:13 GMT -5
For me it would depend on how good a friend and what you would otherwise do with the points.
I would start with the cost of the maintenance fees to cover them, maybe round it up to $10 a point.
But if you want to make more than that, what about the amount you would get if you rented them out through a broker? That way, they are paying less than they would have to pay the broker, and you get the same as you would.
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Post by runner1219 on Feb 1, 2023 15:14:44 GMT -5
For me it would depend on how good a friend and what you would otherwise do with the points. I would start with the cost of the maintenance fees to cover them, maybe round it up to $10 a point. But if you want to make more than that, what about the amount you would get if you rented them out through a broker? That way, they are paying less than they would have to pay the broker, and you get the same as you would. I tend to agree with this. Definitely at least enough to cover your cost. You may want to go somewhere in between your cost and what you would get from a broker so like $15-$16 a point if you would get $18 from the broker. |
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Post by BWV Dreamin on Feb 1, 2023 15:24:11 GMT -5
For me it would depend on how good a friend and what you would otherwise do with the points. I would start with the cost of the maintenance fees to cover them, maybe round it up to $10 a point. But if you want to make more than that, what about the amount you would get if you rented them out through a broker? That way, they are paying less than they would have to pay the broker, and you get the same as you would. And the highest through a broker right now is $18/pt. But they will pay $20+. Just depends how much of a discount you want to give. |
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Post by Adelard of Bath on Feb 1, 2023 15:37:16 GMT -5
I would start with the cost of the maintenance fees to cover them, maybe round it up to $10 a point. This is how I roll for "taking family with" on trips. A few years back we took people to OKW and got like three extra studios and I only charged them like $450 for a week, or something, what a deal. But that's "taking family with" and this is a little different. |
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Post by nickys on Feb 1, 2023 16:26:50 GMT -5
This is how I roll for "taking family with" on trips. A few years back we took people to OKW and got like three extra studios and I only charged them like $450 for a week, or something, what a deal. But that's "taking family with" and this is a little different. My eldest son and a friend are staying for a week after a cruise later this year. Originally they were going to stay at AoA on a deal with around $200 in Dining credit. I offered them points for a BCV studio (on a waitlist which came through) for roughly the same as they were paying for AoA. I think it just about covers the dues on those points. They won’t get the dining credit but they’re delighted to be walking distance from both Epcot and DHS. I gifted them a 2 night stay at GFV last Fall, but wanted to get something for these points. Seemed like a good compromise. |
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Post by helenabear on Feb 4, 2023 11:25:17 GMT -5
For me it kind of depends on who and why. I think $13-15 is more than reasonable but I don't think people are wrong to ask for more as well. Dues at some resorts are nearly $10 in some cases so asking for that wouldn't even cover costs - just dues. I tend to gift some and ask for dinners instead lol. My dad is joining for 2 nights. As a weird compromise I gifted him 12 points and had him pay for 24 OTUP for his stay in his own room. Made his average cost closer to $12-13/point or $228 a night. Win win for him and I wasn't borrowing for his trip.
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Post by brp on Feb 4, 2023 16:36:20 GMT -5
I have used points for family and friends and go with cost.
Cheers.
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Post by dougdisney on Feb 4, 2023 19:19:20 GMT -5
$12-$15 depending on level of friendship. I also do have BCV and BLT point which I usually charge on the higher side and some SSR points that I sometimes charge a little less.
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