EthanMagicBands
Active Member
Correct, fixed it. Apparently CM's hadn't even been able to go up there for quiet a while because of some safety reasons with the floor.?? Structural problems??
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New DVC Resales Restrictions
- Thread starter DVC Mike
- Start date
glvsav37
Well-Known Member
yea...because the floor just fell out from under DVC
lol...sorry couldn't resist.
The problem is getting in at the 7 month window, and in maintenance fees per point. What I basically heard was that you should buy where you want to stay, because at certain resorts for certain times of the years, the pickings are pretty slim by the time the 7 month window rolls around. You also have to look at the comparative bang for the buck (or the point). Are the points per stay relatively cheap or expensive?
Why are they doing this? Personally, I think the DVC sales staff was tired of getting guffawed at for the ridiculous Disney direct prices. The kiosk people had a hard time selling once it became more and more known that the exact same points could be bought for far less money at The Timeshare Store. Resale was about 30% lower than the direct prices from Disney. No contest. It would take some pretty amazing member benefits and discounts to justify that much mark-up.
xdan0920
Think for yourselfer
Negative.
PhilharMagician
Well-Known Member
If there were structural issues, then how could they even keep the pavilion open?
Minthorne
Well-Known Member
Use your imagination.
EthanMagicBands
Active Member
From what I was told it's only a specific area of the upstairs. I'm not sure how much info my source knows (he doesn't work directly on the DVC project), but I highly trust him. But even he doesn't know if they will cancel the lounge or not. It could still happen.... he just told me that there are issues and it might be canceled because of them.
So take it with a grain of salt, but it's interesting info none-the-less.
DuckTalesWooHoo1987
Well-Known Member
I'm just saying it's good that we still get the perks. I do realize it's bad if we ever wanted to sell though. I can see why Disney would want to keep people from being able to buy in at a discount. I also can see how it's "unfair", which is what a DVC Agent told me they considered it, for people to buy in at a discount and then get other discounts as well. Although as long as we still get the discounts as direct buyers I can still see a case where we're not being treated unfairly. It's a toss up really. LOL! Couldn't they just make a clause in all their contracts that makes them unable to resale it at all and just allow Disney to get it back for what it's worth and keep people from being able to profit off what they bought? Then Disney wouldn't be fighting a resale market and also everyone would be "real" members or whatever and they could then just offer everyone the same perks.
The annual pass discount is substantial. The eligibility and discount on Tables in Wonderland could be substantial for some people. Some of the special events are nice, but most people can't quickly plan a trip just to attend these.
All the other discounts probably wouldn't add up to the savings you would get by buying resale.
Biff215
Well-Known Member
They technically do already. If I want points at a sold out resort, I simply call my guide. They check to see if they have them available (from ROFR), and if not, they put me on a list and get back to me when they have them. Trouble is that they then charge me something closer to the current price, not what they stole them for on the resale market.
You might see this happen more now as these would be considered direct points with all the perks and discounts.
Biff215
Well-Known Member
Agreed, the AP/TiW discount is significant. It's the only way I can personally justify being a member and visiting as much as we do. You always needed a member card to purchase these.
Biff215
Well-Known Member
While it may not directly affect my situation, the change is enough to concern me about the direction DVC is headed. Disney just took some value from my contract should I choose/need to resell between now and 2054, and this is the second time they've done that. As someone mentioned, what's next, booking windows?
This is a desperate attempt to justify the outrageous price they're charging for direct points, and I doubt it will make a huge difference, leaving us open to more drastic changes.
GoofGoof
Premium Member
Why would it hurt direct sales? It won't at all. Very few people buy DVC thinking about how they are going to resell it. The resale market is a huge benefit (comparing to other timeshares) that most people hardly consider. It's obvious from the posts here that current owners don't think about it much either. People are only worried about whether the perks still apply to them but aren't understanding that this move devalues all DVC points whether you still get the perks or not. It only benefits the DVC sales people since they now have another talking point if someone brings up buying resale. As soon as those prospective direct buyers become DVC owners their points will be worth less on the resale market then they would have been on 4/2/16 before this went into effect. It's bad for all DVC owners.
Nope. It affects all of us. See above.
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glvsav37
Well-Known Member
If they really wanted to hurt the resale market they always had the power...just refuse the contracts. Oh, but that would cost $$, so better to let the contract slide and then about it later.
this latest situation with the ROFR/Closing error is even more reason to be upset at this. You accepted a resale transaction to take place w/o honoring the perks and terms when you took in the request. Its like being the final signor of a contract—just that you whited out a few lines first.
this latest situation with the ROFR/Closing error is even more reason to be upset at this. You accepted a resale transaction to take place w/o honoring the perks and terms when you took in the request. Its like being the final signor of a contract—just that you whited out a few lines first.