First Post- What's the scoop on DVC Resale restrictions?

[Coach81]

Hey everyone!!!

So what is the scoop on the "new" DVC resale policies...???

 

[Phonedave]

Hey everyone!!!

So what is the scoop on the "new" DVC resale policies...???

Not really a scoop. Copied right from the DVC website

New Policy Announced for Re-sale Purchases

Disney Vacation Club® has announced a new policy that limits access to certain Member Getaways exchanges for Ownership Interests purchased on the secondary market (also known as the re-sale market).

Under the new policy,Members who purchase from anyone other than Disney Vacation Development, Inc., on or after March 21, 2011, will not be eligible to use those Vacation Points to make reservations within the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid only for reservations at Disney Vacation Club resorts, as well as for RCI® exchanges, Club Cordial and Club Intrawest.

The affected collections are special Member benefits programs offered by Disney Vacation Development, Inc., and are not part of Members' Ownership Interests. That said, Members who purchased on the secondary market prior to March 21, 2011, may use those Vacation Points for all Member Getaways.

Note that the policy doesn't impact banking, borrowing or transferring Vacation Points. All Members will continue to have the ability make such transactions, regardless of where they purchased their Ownership Interests. Complete rules about these transactions are available in the Home Resort Rules and Regulations section of this website.

And some additional info.

Concierge Collection is Mandarin Oriental - Washington DC. Resort at Squaw Creek - Lake Tahoe, Royal Garden - London, The Sagamore - Lake George, Topnotch - Stowe, and The Whitehall - Chicago.

The Disney Collection are Disney Properties other than DVC (WDW resorts, California, Paris, and Tokyo)

Adventurer Collection are the Adventures by Disney vacation packages.

 

[Disneykidder]

The scoop is it stinks!!

 

[Coach81]

Wow.. look for a run on resales, eh???

 

[Victoria]

Wow.. look for a run on resales, eh???

Only if they can close before March 21st! :lol:

 

[Coach81]

Well this doesn't really affect us all that much.. my wife and I have a 150pt resale that will be "grandfathered in".. and although we were looking at adding up to another 150 pts someday, we are not quite ready to pull that trigger just yet...

We don't plan on using our points for what is being "blocked" through resales anyway.. we mainly use our points for DVC stays around WDW...

 

[Disneykidder]

Geeze, didn't think i'd get made fun of for wanting a resale. Bullies!!

 

[puntagordabob]

this change (I believe) will lower resales after the deadline a good %....may actually tip us INTO buying resale! We are already direct purchaser members..... just want some extra points to allow us to book more dates as we are local and go quite alot..plus my wife would love for us to get larger rooms versus the studios...we did a 2 bedroom at SSR a couple years ago and she is absolutely in love with the idea of the full kitchen!

 

[rock_doctor]

this change (I believe) will lower resales after the deadline a good %....may actually tip us INTO buying resale! We are already direct purchaser members.....

Ditto. We wanted to add on 100pts but are going to wait it out till later in the year or next to see how the price stabilizes. Will also be interesting to see what the price increase at BLT will do. After march it is supposed to jump to $140/pt. We feel that Disney is making so much money from BLT though cash stays they basically want to kill the sales of points... The longer it takes to sell out the building the more money they make.... There is a reason for everything they do.