What is renting DVC points?

Disney Vacation Club (DVC) members own a real-estate interest at Disney Deluxe Villa resorts and receive an annual allotment of "points" to book stays. When a member isn't using their points, they can rent them to you. You get to stay in the same Deluxe Villas that DVC members enjoy — often for 30–50% less than booking the same room directly through Disney.