Wanting to Rent Vacation Club Points?
Vacation clubs offer a unique vacationing experience that’s more exclusive that many traditional vacations.
For someone who travels frequently –either returning to a favorite vacation destination year after year, or for those who looking to visit new and exciting locations each time they travel, vacation clubs are an ideal vacation investment.
But not everyone is ready, or willing, to invest the money that’s required to buy into a vacation club. This is where renting comes in. Renting allows you the chance to test out vacation clubs, and find out which vacation club is right for you. Not only does renting allows you to test the waters before committing to buy, renting allows you with access to some of the world’s most exclusive resorts, often for less than it would cost book directly through the resort!
If you are looking for information on renting vacation club points, you’ve come to the right place. Read on for information on renting vacation club points, and find out if renting is right for you.
How Renting Works
Vacation clubs are often thought of as a type of timeshare. However, they differ from traditional timeshares in the considerable amount of flexibility that they offer. Unlike typical timeshares where the owner is locked into one location at a specific time interval, vacation clubs operate on a points-based system, which allows members to apply points to a number of destinations and residences –at any time they choose.
Sometimes vacation club members end up with an excess of points. When this happens, they have the option of renting those points out. This means that nonmembers -and other members- have the option of renting those points.
Renting Vs. Buying
While there are benefits to buying into a vacation club (cleaning services, access to exclusive clubs, etc.) renting also offers significant benefits. If you want to check out vacation clubs before committing to buy, then renting might be the best option.
Renting also allows you the chance to save. While club members are responsible for maintenance costs and annual dues, renters do not have this responsibility. Renting often works out less expensive than buying.
It’s important to keep in mind that while renting points can be a great way to access the vacation club world, it’s highly recommended that you rent points through a reputable and licensed rental company.
It is recommended that you go through a licensed company for the following reasons:
- Fraud – Unfortunately, there is a risk of fraud when renting points direct from owners.
- Communication – When renting points, should the need arise to change your reservation, you would be at the mercy of the owner. Since most clubs won’t talk to those who aren’t members you would be stuck trying to convey your need to change a reservation to a complete stranger. Going through a rental company means that you will have a guaranteed point of contact throughout the entire process.
- Legal Responsibility – Renting points, transferring money, and getting points –it can all sound cut and dry, but there is room for disputes and legal issues. Going through a rental company prevents legal complications from arising.
Keep in mind that since most vacation clubs operate on a points-based system, if you rent a member’s points, your best option may be to apply them to a specific time interval in a certain resort where the member has top priority. When you rent the points, you are subjected to the same rules as the owners.
The flexibility that renting points offers makes this option an ideal choice for many vacationers. Renting is a great way to sample vacation clubs, and allows you access to some of the world’s top resorts in exclusive and exciting locations.