DVC RESALES
DVC RESALES

Go Back   The DIS Discussion Forums - DISboards.com > Disney Vacation Club > Purchasing DVC
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread Display Modes
Old 10-05-2009, 10:09 AM   #1
DVCowner2009
Earning My Ears
 
Join Date: Oct 2009
Location: East Coast
Posts: 25

What's the likelihood of Disney treating resale and original buyers differently?

We are interested in purchasing a resale DVC membership, but have been told by others, second-hand, that Disney is considering treating members who purchased on the resale market differently than those who purchase direct through Disney (i.e. shorter windows, lower discounts, etc.). Has anyone heard anything like this?

Thanks for any insights (and reassurances).
DVCowner2009 is offline   Reply With Quote
Old 10-05-2009, 10:16 AM   #2
BBG-BLT
Bunch of Booth-Genthe's
 
BBG-BLT's Avatar
 
Join Date: Jan 2009
Location: Collegeville PA
Posts: 688

As it is a real estate interest you are buying and there are by-laws that all have to go by they cannot treat anyone differently.
__________________
Me:, DW , DD (11) , DS (11) , DD(7) , DD(5) Sofie and Duke the gecco

I need some Magic
BLT Owner since 2009
BBG-BLT is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 10-05-2009, 10:17 AM   #3
bakenatj
Mouseketeer
 
bakenatj's Avatar
 
Join Date: Sep 2009
Location: Iowa
Posts: 488

I find that hard to believe. Don't believe everything you hear. That would reduce the value DVC because your resale value would go way down. Doesn't make business since, and Disney is normally good with those.
bakenatj is offline   Reply With Quote
Old 10-05-2009, 10:23 AM   #4
disneynutz


Earning My Ears One At A Time
 
disneynutz's Avatar
 
Join Date: Dec 2006
Location: North Texas
Posts: 17,720

Hasn't happened yet and it seems unlikely that it would.

That being said, Disney can pretty much do what ever they want, when they want.
__________________

disneynutz is offline   Reply With Quote
Old 10-05-2009, 10:45 AM   #5
DVCowner2009
Earning My Ears
 
Join Date: Oct 2009
Location: East Coast
Posts: 25

Thanks for the replies, everyone. I appreciate the quick replies.

Quote:
Originally Posted by disneynutz View Post
Hasn't happened yet and it seems unlikely that it would.

That being said, Disney can pretty much do what ever they want, when they want.
Yes, this is my primary concern. I'm taking some solace in the fact that Disney would be hard-pressed (and likely legally prohibited from) retroactively changing how existing contracts are treated. Of course, nothing is stopping them from prospectively treating people differently on contracts purchased direct from DVC going forward. (i.e. "Starting now, when you buy direct from Disney, you get 20% off this (instead of 10%), or 10 months to bank (instead of 8), etc. I think Disney would have a marketing/PR and legal problem if they try to differentiate folks who hold existing contracts. I'll just cross my fingers, buy resale, and not worry too much about it.

Thanks again.
DVCowner2009 is offline   Reply With Quote
Old 10-05-2009, 11:23 AM   #6
littlestar
DIS Veteran
 
littlestar's Avatar
 
Join Date: Jun 2000
Location: Indiana
Posts: 2,700

Really, there's only one discount that amounts to anything and that's the Annual Pass discount. And they already offer an annual pass discount to the whole state of Florida for being a Florida resident. I doubt they would start nitpicking DVC members and labeling them worthy members or unworthy members.
__________________
littlestar is offline   Reply With Quote
Old 10-05-2009, 11:32 AM   #7
drusba

DIS Veteran
 
drusba's Avatar
 
Join Date: Aug 1999
Location: Chicago
Posts: 10,222

It does not seem likely that resale purchasers would be treated differently in any way particularly when you consider (a) the resale market also gives DVD something it wants, the ability to purchase points through ROFR when it desires and then resell them at Disney's higher prices; in other words, why do something harmful to a market that DVD also considers beneficial, and (b) many who purchase resale do add-ons through Disney and thus how would they be able to treat those differently since they are also purchasers from DVD, and, once again, the resale market benefits DVD in that regard by bringing in people who will eventually add-on.
__________________
Everything has to have a beginning and an end ... but it is not necessary to have a purpose in between.
drusba is offline   Reply With Quote
Old 10-05-2009, 11:34 AM   #8
DVCowner2009
Earning My Ears
 
Join Date: Oct 2009
Location: East Coast
Posts: 25

Quote:
Originally Posted by littlestar View Post
Really, there's only one discount that amounts to anything and that's the Annual Pass discount. And they already offer an annual pass discount to the whole state of Florida for being a Florida resident. I doubt they would start nitpicking DVC members and labeling them worthy members or unworthy members.
Good point. Not to mention the administrative and infrastructural changes that would have to be made to have two classes of citizens in their system.

Ok, y'all have made me feel a little more at ease...
DVCowner2009 is offline   Reply With Quote
Old 10-05-2009, 11:36 AM   #9
DVCowner2009
Earning My Ears
 
Join Date: Oct 2009
Location: East Coast
Posts: 25

Quote:
Originally Posted by drusba View Post
It does not seem likely that resale purchasers would be treated differently in any way particularly when you consider (a) the resale market also gives DVD something it wants, the ability to purchase points through ROFR when it desires and then resell tham at Disney's higher prices; in other words, why do something harmful to a market that DVD also considers beneficial, and (b) many who purchase resale do add-ons through Disney and thus how would they be able to treat those differently since they are also purchasers from DVD, and, once again, the resale market benefits DVD in that regard by bringing in people who will eventually add-on.
True. I didn't think of the ROFR angle. That's another good point. Also, I think a two-tiered system would chill new sales because I think some people buy from Disney knowing the DVC interest is fully marketable. If Disney chilled that market by telling new purchasers that their resale buyers (10 years from now) will end up receiving less than what the original purchaser had, that would chill the original market and drive down prices across the board.
DVCowner2009 is offline   Reply With Quote
Old 10-05-2009, 11:38 AM   #10
Chuck S
DVC Boards Co-Moderator
 
Chuck S's Avatar
 
Join Date: Feb 2000
Location: Seguin, Texas USA
Posts: 25,809
DISboards Moderator

Perks (discounts, etc.) could be changed for resale vs direct, as perks are not contractually guaranteed in any way, but it is unlikely, IMO. Though there are timeshares that do treat resale vs direct differently.

Booking windows can be changed for all owners to a one month priority over the 4 month priority we now enjoy...but they would pretty much need to treat resale vs. direct equally for those windows...and again, I think it is pretty unlikely we'll see any change there. Everyone is used to it, and it doesn't seem to be causing any specific booking problems.
__________________

DVC Member at OKW since 1992
Chuck S is online now   Reply With Quote
Old 10-05-2009, 02:06 PM   #11
bookwormde
Heading out now, another adventure
Have a good time, WDW is a magical place
 
bookwormde's Avatar
 
Join Date: Mar 2008
Posts: 5,528

While time shares can have differnet classes of ownership this must be set up before the units are declared so for existing properties FL state regulation prohibit it. Now someone would have to go to the trouble fo enfoceing it either by filing a compalint with the FL timesahre regulatory agency or taking the offender to court. DVC is smart enough not to try to do something that blatent, they do not want to join the other timeshare companies in court.

bookwormde
__________________
bookwormde is offline   Reply With Quote
Old 10-05-2009, 02:14 PM   #12
Jason@dvcstore
I support "addonitis"
 
Jason@dvcstore's Avatar
 
Join Date: Mar 2005
Location: Orlando, FL
Posts: 1,012

DISboards Approved Advertiser

Quote:
Originally Posted by DVCowner2009 View Post
We are interested in purchasing a resale DVC membership, but have been told by others, second-hand, that Disney is considering treating members who purchased on the resale market differently than those who purchase direct through Disney (i.e. shorter windows, lower discounts, etc.). Has anyone heard anything like this?

Thanks for any insights (and reassurances).
In my opinion the chances are 0% that this would happen. If it happened then Disney would have to change the way in which they sell it. They would have to disclose (or I hope they would disclose) to the new buyer they if they ever went to sell the property then be advised the new buyer wouldn't receive this, that, etc. It might even have to be disclosed that the property will most likely sell for much less since the new owner won't get the same benefits.

In my opinion, most DVC sellers are selling because something has happened and they can no longer afford that monthly payment, need cash ASAP or have changed their vacation habits. I don't understand why Disney would want to hurt these sellers.

My guess is that is a rumor they are trying to spread to potential DVC buyers and not a rumor they are trying to spread to current DVC owners who might want to sell.

Jason
Jason@dvcstore is offline   Reply With Quote
Old 10-05-2009, 02:26 PM   #13
bumbershoot
DIS Veteran
 
bumbershoot's Avatar
 
Join Date: Mar 2007
Location: Tacoma WA
Posts: 44,597

Quote:
Originally Posted by DVCowner2009 View Post
(i.e. "Starting now, when you buy direct from Disney, you get 20% off this (instead of 10%), or 10 months to bank (instead of 8), etc.
...imagining how quickly the MS reps would rebel against that further complication...




I think that disney well knows of this "add-on-itis", and they know that once they get their claws into people, even by a 25 point add-on, that they stand a solid chance at making more, more, more, and yes, more money from those people, and not just in the maintenance fees. Why randomly offend someone who will probably start spending even more money soon?
__________________
-molly + robert + eamon (10!!)

DLR '05-'09 found within this link
DLR 7,9,12 2012 Universal Feb '12 DLR Dec '11 and Feb '12

Made weight goal 1yr8m8days after starting...currently working to maintain 85 lb loss thanks to Weight Watchers!
bumbershoot is offline   Reply With Quote
Old 10-05-2009, 02:38 PM   #14
gpz
Earning My Ears
 
Join Date: Oct 2009
Posts: 12

2 classes of owners

Once the deal is closed, every point owned is equal in the eyes of Disney. They now have 15+years of history regarding DVC resales without a hint of treating those owners any differently. There is no chance something like that will ever happen.

gpz
gpz is offline   Reply With Quote
Old 10-05-2009, 02:39 PM   #15
DVCowner2009
Earning My Ears
 
Join Date: Oct 2009
Location: East Coast
Posts: 25

Quote:
My guess is that is a rumor they are trying to spread to potential DVC buyers and not a rumor they are trying to spread to current DVC owners who might want to sell.
It takes a lot for me to de-lurk and register on a forum and post. You put your finger on what I think was really getting to me. I think Disney's in a tough spot with the resales. They're trying to sell a product direct at 125% of the market's actual pricing.
DVCowner2009 is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
thread Thread Starter Forum Replies Last Post
Anyone willing to share their Disney Planning Spreadsheet? sher92 Disney for Families 851 08-31-2013 02:21 PM
Rob and Scott's Big Fat Gay Disney Wedding-TR Pg 92; Photo Update pg 133 rpmdfw Gay and Lesbian at Disney 2220 05-11-2013 02:28 PM
Alphabet Game, Disney Related mandymouse UK Community Board 3787 03-06-2010 01:27 AM
Walt Disney Apps for iPhone imacdan The DIS Unplugged Podcast 27 10-19-2009 04:46 PM
Looks like Universal's Halloween event outdoes Disney Mouseaholic!!! Theme Parks Attractions and Strategies 85 10-05-2009 10:13 AM

DVC-Resales.com | 1-800-550-6493 (Contact The Timeshare Store) | DVC Resale Listings

facebooktwittergoogle plus youtube itunesDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 07:31 AM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.