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No benefits for DVC resale?
- Thread starter YoungNY
- Start date
Tom
Beta Return
Look at @DVC Mike 's thread: http://forums.wdwmagic.com/threads/new-dvc-resales-restrictions.911966/
DVC Mike
Well-Known Member
In an announcement today, Ken Potrock (DVC SVP) announced new restrictions to benefits available to resale purchasers after today – including discounts on dining, shopping, and access to member-exclusive events.
DVC announces new benefit restrictions to resales buyers
DVC announces new benefit restrictions to resales buyers
We were expecting this, and I'll bet that more restrictions are coming. We've bought all of ours direct, but of course, that was back when it was under $90/point. We'll have to judge whether any new points are worth it.
sxeensweet
Love a little Disney every day!! ;)
This is one of the many reasons why we bought direct at AKV in 2013! Saw this coming a mile away. But yes those that bought before the new restrictions are okay but still glad we bought direct. Praying we don't ever have to sell ours though because it will probably be harder now that's the only downside. 
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sxeensweet
Love a little Disney every day!! ;)
I think they just won't get a membership card at all being they won't be a full access member etc that we still need for everything like discounts, lounge access, events etc. That makes it easy.
Hmm, could be since you don't really need it except for the extras.I think they just won't get a membership card at all being they won't be a full access member etc that we still need for everything like discounts, lounge access, events etc. That makes it easy.
JaxFLBear
Well-Known Member
No magnetic stripe on the member cards. Rumor is that resales purchases after 4/4 won't get a member card at all.
Let's consider what else they might do:
1. Give resalers a 6 month window for booking instead of 11 or 7 month.
2. Requiring more points for resalers to book the same places.
3. Restricting what rooms resalers can book, limiting them to those that aren't generally as full.
4. Elminating resalers from Extra Magic Hours.
5. Tightening up the Right Of First Refusal.
I realize that by contract some of these might not be allowed, but think about what may be coming.
Also, they might possibly sweeten the pot for those who bought from Disney direct, including more fastpasses, bigger discounts, giving them an earlier window for reserving rooms, etc. . .
Somehow, it will only get tougher for those of us who wisely saved tons of money by buying in the secondary market. We were smart in saving all that money, but some of the perks are disappearing. Surprise. Surprise. The slope is indeed slippery.
1. Give resalers a 6 month window for booking instead of 11 or 7 month.
2. Requiring more points for resalers to book the same places.
3. Restricting what rooms resalers can book, limiting them to those that aren't generally as full.
4. Elminating resalers from Extra Magic Hours.
5. Tightening up the Right Of First Refusal.
I realize that by contract some of these might not be allowed, but think about what may be coming.
Also, they might possibly sweeten the pot for those who bought from Disney direct, including more fastpasses, bigger discounts, giving them an earlier window for reserving rooms, etc. . .
Somehow, it will only get tougher for those of us who wisely saved tons of money by buying in the secondary market. We were smart in saving all that money, but some of the perks are disappearing. Surprise. Surprise. The slope is indeed slippery.
NONE of your perks are disappearing. Please stop with the BS. ONLY those that purchase resale ONLY going forward are affected. If you buy a small direct purchase, even after buying resale, you then get all the perks.
At this point, you're absolutely right. I'm not panicking or engaging in BS, I'm just saying that certain new changes may occur in the future. For example, there's virtually no restrictions on the Right of First Refusal. There's nothing stopping Extra Magic Hours from becoming less common and/or more restrictive. They could even, for example, say that resalers can book at 7 or 11 months, but resalers can be bumped if Disney direct buyers in the next 24 or 48 hours want the same room.
Contracts and rights are meant to be "abridged", and I think that all of us current owners should be happy that we're unaffected this time around.
Phonedave
Well-Known Member
Some are, as you said, not allowed. The number of ponts required, for example, is actualy part and parcel to the contract - that is not allowed.
1. Give resalers a 6 month window for booking instead of 11 or 7 month.- not sure about this, but I do believe it is a contract item, not a perk
2. Requiring more points for resalers to book the same places. - This is a contract item, not a perk
3. Restricting what rooms resalers can book, limiting them to those that aren't generally as full. - again, a contract item
4. Elminating resalers from Extra Magic Hours. - Nothing to do with DVC one way or an other.
5. Tightening up the Right Of First Refusal - That could happen.
What I do see with other time shares is creating expidited check in lines for direct members, having a special direct member lounge with free snacks, direct member booking phone lines where you have "better" service. I have also seen perks ADDED to direct memebers in other time shares. New buildings open up, and direct members are given permission to use their weeks there, but resale members were not.
-dave
Biff215
Well-Known Member
Fortunately not so easy thanks to contracts that don't end until 2042 at the earliest. This is simply DVC in a panic over the decline in sales at the Poly. What they don't understand is that it's not about perks, it's about the price. They've finally reached a ceiling where the value is gone, it's simply a luxury. They're attempting to blame a thriving resale market, but the restrictions will have to get much greater to turn the tables.
Shame on Disney for literally doubling the price per point in a decade, and in a vastly different economy. Just another example of how out of touch Disney is with the average guest.
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Biff215
Well-Known Member
I see that you consider yourself a "proud DVC owner", and I've always felt the same, but these changes don't concern you in the least bit? Just because they don't directly affect us now doesn't mean they won't down the line. If current members simply ignore the changes, they will no doubt get worse. Can't see how any of this is "BS".
No, they don't concern me in the least. We didn't buy in to DVC for the "perks". We bought to save money on our resort costs for the next 40 years. Since we also buy APs every year, we would still have access to the TiW, and even with the price increase that would happen if we lose the AP perk, it would still be worth it to us. As far as discounts go, well, again, we buy APs every year, so would still receive those discounts as well, and the TiW saves us more than the DVC discount at restaurants anyway. I cannot even remember the last time we used the DVC card for any discount other than our APs.
The other perks of special member nights at MK and such, well, we aren't traveling there at that time anyway so can't go to those. Would it be nice? Sure, but it's not a deal breaker by any means. Those are really geared more towards the local DVC crowd than the multiple trips per year crowd like us. And since they are part of the 25th anniversary celebration, we doubt that they will continue in the future.
Might it affect resale values? Maybe. Only time will tell, but again I couldn't care less. We will never sell our points, and our kids all love Disney and will continue to use them after we are gone. If you read some of the posters on these forums, they would have you believe that WDW is nothing but a cesspool of old stuff that has no value to them anymore. Well, that's their opinion, and they are certainly entitled to it, but it isn't ours. We go multiple times per year, have made over 20 trips in the last decade, and we still find new things to see and try every single trip. The value is still there for us.
And while we are not ignoring the changes, there is absolutely nothing that anyone on these forums can do to change Disney's mind on what they are going to do with our membership.
NormC
Well-Known Member
Actually it is very easy.They obviously can't do it with current contracts but they can surely do it going forward on new contracts if they choose.
xdan0920
Think for yourselfer
Bingo. The direct sale prices have gotten to a point where there is no value in the purchase. Removing the meager perks current DVCers get is not going to do squat for direct sales.