DVC RESALES
DVC RESALES

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Old 11-13-2013, 10:01 PM   #16
sndral
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So I was down last weekend for the marathon and I was sitting next to people on the backlot tour and they just bought into the DVC I told them I was an owner also they told me why they bought I mentioned I bought resale and they should look into it. They stopped me there and said that's going to end real soon. I said what?!? They said Disney told us they will be buying everything up on the resale market. So they had to buy direct. I did not want to argue with them bc they probably just spent 15k earlier that morning. Just made me feel bad for them.
Right now I believe Disney is only offering AKV and VGF via their direct sales presentations. If they bought VGF it's a moot point as there are no resale listings - yet. If they bought AKV, then they wasted a lot of money, IMO.
I am always amazed at how people hear what they want to hear. The guide might have said "Disney could use ROFR on all resales, which is technically true, but very different than saying Disney will exercise ROFR on all resales.
There's a lot of info. thrown at people at a sales presentation, I assume, and signing on the dotted line for $20-30,000, has to be overwhelming, and people try to justify their choice.
The again the guide could have flat out lied.
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Old 11-15-2013, 12:45 AM   #17
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All t/s salespeople lie. Disney is no exception.
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Old 11-15-2013, 09:07 AM   #18
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We just bought direct last week, and our guide did not say anything about Disney buying back 'all' the ROFR contracts. He said this was an option for the lower-priced contracts, but never said they would all be bought.

His selling point on not buying off the resale market was those contracts do not come with all the 'perks' that buying from Disney does. Basically said you cannot access Aluani (which is one of our targets in a few years), and those other resorts that are offered. In essence, you would be tied to the Disney World Resort with those points, and couldn't even access Disneyland. My research showed this to be possibly true---but even if it wasn't, we wanted in at the VGF, so we almost had to buy right now--rather than wait a year or so on the resale market.
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Old 11-15-2013, 09:17 AM   #19
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We just bought direct last week, and our guide did not say anything about Disney buying back 'all' the ROFR contracts. He said this was an option for the lower-priced contracts, but never said they would all be bought.

His selling point on not buying off the resale market was those contracts do not come with all the 'perks' that buying from Disney does. Basically said you cannot access Aluani (which is one of our targets in a few years), and those other resorts that are offered. In essence, you would be tied to the Disney World Resort with those points, and couldn't even access Disneyland. My research showed this to be possibly true---but even if it wasn't, we wanted in at the VGF, so we almost had to buy right now--rather than wait a year or so on the resale market.
You can go to Aulani and the villas at the grand Californian with resale points
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Old 11-15-2013, 09:19 AM   #20
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We just bought direct last week, and our guide did not say anything about Disney buying back 'all' the ROFR contracts. He said this was an option for the lower-priced contracts, but never said they would all be bought.

His selling point on not buying off the resale market was those contracts do not come with all the 'perks' that buying from Disney does. Basically said you cannot access Aluani (which is one of our targets in a few years), and those other resorts that are offered. In essence, you would be tied to the Disney World Resort with those points, and couldn't even access Disneyland. My research showed this to be possibly true---but even if it wasn't, we wanted in at the VGF, so we almost had to buy right now--rather than wait a year or so on the resale market.
Bolding is mine!

I am a direct buyer as well, but the bolded statement is an outright lie...resale buyers can use their points at Aulani and every other DVC resort (including Hilton Head, Vero Beach, and Grand Californian). The only Disney related properties resale buyers cannot access are Disney hotels under the Disney collection, Adventures by Disney, and DCL.

Now can they take away the DVC resorts (other then the home resort) from resale buyers? I have no idea if that is possible or if DVC would want to do it.
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Old 11-16-2013, 01:20 AM   #21
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We just bought direct last week, and our guide did not say anything about Disney buying back 'all' the ROFR contracts. He said this was an option for the lower-priced contracts, but never said they would all be bought. His selling point on not buying off the resale market was those contracts do not come with all the 'perks' that buying from Disney does. Basically said you cannot access Aluani (which is one of our targets in a few years), and those other resorts that are offered. In essence, you would be tied to the Disney World Resort with those points, and couldn't even access Disneyland. My research showed this to be possibly true---but even if it wasn't, we wanted in at the VGF, so we almost had to buy right now--rather than wait a year or so on the resale market.
Bad news dude. Your $150 pp direct points and my $55 pp resale points have the exact same opportunity to book VGC and Aulani. As well as all other dvc resorts beyond our respective homes.

My first VGF stay is in a month and a half. Then, my second VGF stay follows that a couple months later. Both using my $55 resale points.

For $95 more per point (or a little less in today's market) than I paid upfront, you will receive a four month head start on me for booking future VGF rooms since I am a VWL resale member. In turn, I get a four month head start on you for VWL rooms.

And also, you get the convenient option to use your points to pay for a couple things that you could buy cheaper with cash (i.e. cruises).

If it was worth the $95 PER POINT differential to you to have that extra four month booking advantage for VGF, then more power to you. Direct purchase makes sense if you are totally dedicated to staying every time at the latest brand new resort that's not available resale.

If it wasn't truly worth that huge extra upfront money to you, then you got "sold the story," as is said when referring to timeshare sales tactics.

Understand that I don't say this to try to make you personally feel bad at all. I just believe that a core function of this board is to allow prospective owners reading here to grasp the depth of the misleading information that a "guide" (timeshare salesperson) may tell you.

It shocks my conscience that these "guides" try to get away with telling their customers this stuff. Of course, they would get away with it so much easier if it wasn't for this pesky thing known as Internet discussion boards.

Then again, what percent of dvc new buyers have heard of Disboards before their purchase? Such is the business of direct sale timeshares.

Disney is no worse than any other timeshare corporation. And reportedly uses lower pressure sales tactics than most. They're simply not necessarily fully honest during their presentation.

Caveat emptor.
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Old 11-16-2013, 07:43 AM   #22
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Bad news dude. Your $150 pp direct points and my $55 pp resale points have the exact same opportunity to book VGC and Aulani. As well as all other dvc resorts beyond our respective homes.

My first VGF stay is in a month and a half. Then, my second VGF stay follows that a couple months later. Both using my $55 resale points.

For $95 more per point (or a little less in today's market) than I paid upfront, you will receive a four month head start on me for booking future VGF rooms since I am a VWL resale member. In turn, I get a four month head start on you for VWL rooms.

And also, you get the convenient option to use your points to pay for a couple things that you could buy cheaper with cash (i.e. cruises).

If it was worth the $95 PER POINT differential to you to have that extra four month booking advantage for VGF, then more power to you. Direct purchase makes sense if you are totally dedicated to staying every time at the latest brand new resort that's not available resale.

If it wasn't truly worth that huge extra upfront money to you, then you got "sold the story," as is said when referring to timeshare sales tactics.

Understand that I don't say this to try to make you personally feel bad at all. I just believe that a core function of this board is to allow prospective owners reading here to grasp the depth of the misleading information that a "guide" (timeshare salesperson) may tell you.

It shocks my conscience that these "guides" try to get away with telling their customers this stuff. Of course, they would get away with it so much easier if it wasn't for this pesky thing known as Internet discussion boards.

Then again, what percent of dvc new buyers have heard of Disboards before their purchase? Such is the business of direct sale timeshares.

Disney is no worse than any other timeshare corporation. And reportedly uses lower pressure sales tactics than most. They're simply not necessarily fully honest during their presentation.

Caveat emptor.
As I said, our first priority was to have the VGF as our home resort, and have that 4mos booking window ahead of everyone else. While you may have gotten the VGF right now, I don't think the resort will be that easy to book in the upcoming year--especially with only a 7mos window.

We were never GF people in the past, but when we walked the resort (DVC), we fell in love with it. Did we probably overpay a little--yes. Were we able to have the home resort we loved--MOST certainly yes.

We made the decision based from not being able to get our favorite resorts this past trip, and kind of being disappointed with the WL room this time. We didn't want that to happen again, so we booked at a resort that we fell in love with, and would be happy with the rooms.

If that is getting ripped off, then so be it. I looked into resale, and it has its own problems/issues, so either way there is something not to like. We may choose to buy more points on resale, but I do not regret my VGF purchase whatsoever.

AND, if finances get tight in the future---I would think the VGF has a nice resale value that we can get back out from under it.
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Old 11-16-2013, 08:05 AM   #23
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Boxer- well said. And you're definitely correct on the resale value of VGF versus other dvc resorts.

Of course the crazy high point cost of staying there will exert downward pressure on resale value versus other local resorts, once it is sold out. But I agree that it will have a premium price versus other Florida properties for years to come.

I think a direct purchase can be rational with your mindset that this resort (which is brand new) is definitely where you want to stay consistently. My issue is more the guides trying to seal the deal by misleading statements, as mentioned in your initial post.

As to difficulty in booking VGF in the future- only time will tell. Certainly as more of it sells there will be a higher fraction of the rooms that could book before seven months. But clearly it will be possible to book most room categories, most of the time, right at seven months.

Why can I say that confidently? VGC. The case has already been proven. It is the ONLY dvc option in Anaheim, beyond being at the flagship resort there. And yet while a challenging reservation to snag, thousands have done so successfully using their non-home points...
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Old 11-16-2013, 08:19 AM   #24
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Boxer- well said. And you're definitely correct on the resale value of VGF versus other dvc resorts.

Of course the crazy high point cost of staying there will exert downward pressure on resale value versus other local resorts, once it is sold out. But I agree that it will have a premium price versus other Florida properties for years to come.

I think a direct purchase can be rational with your mindset that this resort (which is brand new) is definitely where you want to stay consistently. My issue is more the guides trying to seal the deal by misleading statements, as mentioned in your initial post.

As to difficulty in booking VGF in the future- only time will tell. Certainly as more of it sells there will be a higher fraction of the rooms that could book before seven months. But clearly it will be possible to book most room categories, most of the time, right at seven months.

Why can I say that confidently? VGC. The case has already been proven. It is the ONLY dvc option in Anaheim, beyond being at the flagship resort there. And yet while a challenging reservation to snag, thousands have done so successfully using their non-home points...

Clearly? The resort isn't even half sold yet...and you're saying CLEARLY, most rooms will be available at 7 months? This is the smallest DVC property and the flagship of Disney. I would say that most logic goes against that statement....
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Old 11-16-2013, 08:28 AM   #25
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Clearly? The resort isn't even half sold yet...and you're saying CLEARLY, most rooms will be available at 7 months? This is the smallest DVC property and the flagship of Disney. I would say that most logic goes against that statement....
I stand by the final paragraph of my prior post. It isn't something we need to debate.

Now, booking a standard view VGF studio for the first two weeks of December with non-home resort points? Fugheddaboutit.

But most rooms will be available precisely at seven months, most of the time. For your opinion to be correct, you would have to conclude that the vast majority of VGF owners won't use their points to stay anywhere else. And the objective history of new dvc releases proves that assumption simply isn't true.

It of course is a tactic that dvc salespersons use, to tell new buyers that the latest place will be impossible to book as a non-home resort. And yet it proves untrue. Every time.
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Old 11-16-2013, 09:37 AM   #26
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I stand by the final paragraph of my prior post. It isn't something we need to debate.

Now, booking a standard view VGF studio for the first two weeks of December with non-home resort points? Fugheddaboutit.

But most rooms will be available precisely at seven months, most of the time. For your opinion to be correct, you would have to conclude that the vast majority of VGF owners won't use their points to stay anywhere else. And the objective history of new dvc releases proves that assumption simply isn't true.

It of course is a tactic that dvc salespersons use, to tell new buyers that the latest place will be impossible to book as a non-home resort. And yet it proves untrue. Every time.
To be fair, VWL are not currently reselling as low as $55 a point. Are any of the DVCs currently reselling that low?

This is one of the reasons we bought VGF. We want to stay at the VGF 4-5 nights during the first two weeks of December nearly every year. That is one of the times we like to travel.

If we need more points, we will probably do a resale, but we bought where we want to stay. And if we buy a resale, we'll probably also buy where we want to stay.

I don't know what our guide said, but she did as a sweetner book us 2/21-2/27 in a Studio at Bay Lake Tower. We specifically wanted those nights and specifically in either BLT or VGF, because I'm doing the Princess 1/2 and I want my family to be able to just go outside our hotel to the road to watch me run past and to be able to easily get to the finish line.
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Old 11-16-2013, 09:46 AM   #27
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It of course is a tactic that dvc salespersons use, to tell new buyers that the latest place will be impossible to book as a non-home resort. And yet it proves untrue. Every time.
with such a long contract and with more owners always being added, we don't want to struggle later when we're too old to handle hassles without getting cranky! We're cranky enough already.
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Old 11-16-2013, 09:48 AM   #28
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All t/s salespeople lie. Disney is no exception.
All Internet forum users post incorrect information. Or maybe it's better to say some or many rather than lumping all in the same bucket
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Old 11-16-2013, 09:49 AM   #29
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At this point, there is a difference in how one is able to use resale vs direct points. Not that it heavily affects most people.
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Old 11-16-2013, 10:12 AM   #30
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At this point, there is a difference in how one is able to use resale vs direct points. Not that it heavily affects most people.
Good point.

And as we know all subject to change, as to those restrictions.

As to whether it heavily affects most people, I think we can only base that on what we see reported here, which is very small percentage of the total DVC membership.

There are pros and cons to buying resale and direct and some seem to forget that.
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