DVC RESALES
DVC RESALES

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Old 08-22-2013, 11:22 AM   #1
Dee77
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Second resort and different use year

Hello- I am hoping some of you can help me to fully understand exactly what it would be like if I buy an OKW contract with a different use year than the BLT one I have now. So many people have recommended that I stick with a Feb use year to keep it simple but since we are going the route of resale, I am seeing very desirable contracts with different use years. Thanks so much!!!
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Old 08-22-2013, 11:50 AM   #2
dmunsil
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When you have two use years, the major downside is that the system won't combine the points automatically from the two contracts for 7-month bookings. To get around that, you can either always book using solely one contract or the other (banking and borrowing so you can use the other contract for the next booking), or you can book one reservation with one contract and then a continuing reservation with the other contract, or you can transfer points from one contract to the other.

If you transfer, the transferred points won't show up online and can't be used to make an online booking; you have to call in to use them. Generally you'd only do the transfer when you actually are ready to book, so probably you'd make one call to do the transfer and book.

Members are technically limited to one transfer per use year, but many people have said that MS will often waive the rules when you're transferring between your own contracts in order to make a booking. Some CMs won't do it, and some will. So that could be a hassle if you were counting on doing a second transfer in order to book something and then they decide to get strict about the transfer rules.

On the other hand, each separate use year gets you two more waitlists.

There are folks who manage multiple use years just fine, and there are folks who have had multiple use years and found it really annoying. You know yourself the best - if dealing with all of this stuff sounds awful, then wait longer for the perfect February contract to come up. If it seems like something you'd have no trouble with, then get another one.

February is a reasonably common use year, so listings should be coming up regularly. Make sure you're checking all the reputable resellers and get your name on all of their mailing lists.

Good luck!
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Old 08-22-2013, 11:55 AM   #3
dmunsil
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DVC Magic Resales has a couple of listings for a Feb use year at OKW. I have no personal dealings with them, but apparently it was started by an agent who used to work for Fidelity. Might be worth looking at.

http://www.dvcmagicresales.com/listings/
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Old 08-22-2013, 12:30 PM   #4
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If you have two different use years, you need to view it as if you were in fact two separate and distinct members. Each use year has its own banking deadline that you need to follow and dues for each will be billed to you separately each year and, if on automatic withdrawal from your banking account, you will have two separate withdrawals of dues per month. However, as long as the persons named in the deeds are the same, you will see both accounts on the same pages of your on-line member account.

In making a reservation using both contracts (at 7 months out when the resorts are different), you cannot mix the points from the two contracts to reserve any one night. Instead, you have reserve some nights under one use year and then the remaining nights under the other and then ask MS to link the reservations. That will also mean you will have two different dates exactly 7 months out to make a combined reservation, and you cannot use on-line check for the combined reservation. Also, though linking the reservations assures not having to change rooms for any trip using both use years, you will likely be required to do a mini check out and check in on the switch-over day, closing out one account, opening a new one, reapplying your credit card to the new account and getting new room keys (and a new parking pass if you have a car).

Alternatively, you can transfer points from one use year to the other and use the points together at 7 months out by combining them. Though there is a one transfer per use year rule, that is not usually enforced when the owner is the same on both use years.
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Old 08-22-2013, 01:31 PM   #5
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Thank you both for your responses. I guess since we will use them each for independent stays at both resorts, we should be fine to get any OKW use year. Thanks again!!
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Old 08-22-2013, 02:16 PM   #6
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Quote:
Originally Posted by Dee77 View Post
Thank you both for your responses. I guess since we will use them each for independent stays at both resorts, we should be fine to get any OKW use year. Thanks again!!
If that is your intent on how to use them then I agree it shouldn't be much, if any, issue. The 2 banking deadlines will probably be the main issue.
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Old 08-29-2013, 02:35 PM   #7
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It works splendidly for me, but my objective was probably a bit different. I know tons of folks say you're nuts to use points for cruises. Well, I don't buy it. I bought Hilton Head points resale a few years back - when they were pretty cheap! I was surprised they passed ROFR. These were bought when there were no restrictions so these are primarily my "cruise" bucket! I have used them for HHI and resort stays at Disney also. I think if the situation were different I'd prefer the same use year.
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Old 08-29-2013, 03:12 PM   #8
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Originally Posted by Mick West View Post
It works splendidly for me, but my objective was probably a bit different. I know tons of folks say you're nuts to use points for cruises. Well, I don't buy it. I bought Hilton Head points resale a few years back - when they were pretty cheap! I was surprised they passed ROFR. These were bought when there were no restrictions so these are primarily my "cruise" bucket! I have used them for HHI and resort stays at Disney also. I think if the situation were different I'd prefer the same use year.
It's all in the availability, numbers and getting the best price possible. If you can cruise or use your points for something outside of DVC stays, when you want, where you want at a price better than paying cash then it makes sense to do so.

Many owners assume that if Disney is offering the ability to use their points somewhere other that DVC stays, it must be a good deal, that is not usually the case.

Bill
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Old 09-26-2013, 07:01 PM   #9
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Quote:
Originally Posted by Mick West View Post
It works splendidly for me, but my objective was probably a bit different. I know tons of folks say you're nuts to use points for cruises. Well, I don't buy it. I bought Hilton Head points resale a few years back - when they were pretty cheap! I was surprised they passed ROFR. These were bought when there were no restrictions so these are primarily my "cruise" bucket! I have used them for HHI and resort stays at Disney also. I think if the situation were different I'd prefer the same use year.
Just to clarify, you can't use new resale purchases for cruises anymore in case someone reading this is considering that. Also, the reason they aren't a good deal (therefore this shouldn't really influence the decision to buy resale) has nothing to do with what you paid for the points...it's based on what they are *worth*. You can easily rent DVC points for $11-$12/point. There are reputable services that will do this for you with little effort. So, if you take the points for a cruise * $11 this is *always* greater than the cash cost for the same cruise -- therefore you would be better off renting the points and paying for the cruise out of pocket. Granted, you have to use the majority of your points yourself per the purchase agreement, so if you cruise every year, it wouldn't be feasible to rent all of them every year (only half of them at most).
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Old 09-26-2013, 07:04 PM   #10
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Quick question -- since now DVC website uses Disney Account, how does it work if you have multiple DVC memberships (UYs)? Do you see all of them when you sign into dvc.disney.go.com with your single Disney Account? When you book do you have to choose one membership, then can only select points within that? I understand the restrictions stated here, just curious how that actually works when making reservations on the website. Thanks!
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Old 09-26-2013, 07:43 PM   #11
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Originally Posted by rfc0001 View Post
Just to clarify, you can't use new resale purchases for cruises anymore in case someone reading this is considering that. Also, the reason they aren't a good deal (therefore this shouldn't really influence the decision to buy resale) has nothing to do with what you paid for the points...it's based on what they are *worth*. You can easily rent DVC points for $11-$12/point. There are reputable services that will do this for you with little effort. So, if you take the points for a cruise * $11 this is *always* greater than the cash cost for the same cruise -- therefore you would be better off renting the points and paying for the cruise out of pocket. Granted, you have to use the majority of your points yourself per the purchase agreement, so if you cruise every year, it wouldn't be feasible to rent all of them every year (only half of them at most).
Another issue to consider is that cruises are not always available for DVC points. Prior to the 3rd and 4th ships, DVC had black out periods for cruses, once I believe for a full season.

Now that Disney is having trouble filling the cabins, they have opened up reservations on points. Should availability get tight again, we will see more black out periods.

Bill
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Old 09-26-2013, 10:00 PM   #12
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Clarification please...

In the given example earlier, the two resale contracts had the same UY but at different resorts. Can one combine resales from different resorts into the same membership and use the points as a combined point total for booking? If so, how does this work with the home resort booking advantage?

Thanks,

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Old 09-27-2013, 08:06 AM   #13
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Quote:
Originally Posted by rfc0001 View Post
Quick question -- since now DVC website uses Disney Account, how does it work if you have multiple DVC memberships (UYs)? Do you see all of them when you sign into dvc.disney.go.com with your single Disney Account? When you book do you have to choose one membership, then can only select points within that? I understand the restrictions stated here, just curious how that actually works when making reservations on the website. Thanks!
Someone had mentioned on a prior thread that multiple UY accounts can be combined into 1 login. I assume it would work similarly to multiple resorts, except you can't combine points for a reservation.

Quote:
Originally Posted by TeleoDeum View Post
In the given example earlier, the two resale contracts had the same UY but at different resorts. Can one combine resales from different resorts into the same membership and use the points as a combined point total for booking? If so, how does this work with the home resort booking advantage?
You can only use the combined points to book at the 7 month window. Anything before that, is booked separately. So if you need 200pts for the 7 month reservation and you have 150 AKV and 150 BWV, you pick the account you want to use first, and the other one will be left with 100 points. This is the same if you have direct or resale contracts.
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