How does the direct purchase wait list really work?

Discussion in 'Purchasing DVC' started by ELMC, Mar 25, 2013.

  1. ELMC

    ELMC DIS Veteran

    Joined:
    Jul 4, 2011
    Messages:
    1,981
    I was wondering if anyone has seen anything in writing about how the wait list works. I know that we've pieced together information garnered from our salespeople that it is mostly first come first served, depending on UY and number of points wanted. But do we have any proof that this is truly the case? We have seen many instances in the past of inconsistent information being passed on by DVC salespeople (attributable to many factors...I'm not implying malice). So it should stand to reason that there is a certain element of uncertainty as it pertains to the direct buy wait list.

    It would seem to me that DVD would want to sell points at sold out resorts at higher prices to new clients walking in the door as opposed to wait list clients for $15+ less per point. Thoughts?
     
  2. Avatar

    DIS Sponsor The Official Ticket Center is Orlando’s #1 discount attraction ticket agency, selling millions of Walt Disney tickets around the world.



    to hide this adverts.
  3. quinnc19

    quinnc19 DIS Veteran

    Joined:
    Feb 18, 2008
    Messages:
    786
    True but if they wait too long to fill waitlist requests, they may those sales completely to resale.
     
  4. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

    Joined:
    Dec 11, 2006
    Messages:
    20,324
    Like most things with Disney and the DVC, the inner workings are not shared with the owners.

    :earsboy: Bill
     
  5. Sur

    Sur Love the Dis

    Joined:
    Feb 11, 2013
    Messages:
    948
    I'm surprised there are even very long waitlists, being they can ROFR the correct month contract anytime.
     
  6. Sur

    Sur Love the Dis

    Joined:
    Feb 11, 2013
    Messages:
    948
    I think I found the answer to my question in another thread:
    Just noticed this is by the OP... funny!!
     
  7. wdrl

    wdrl DIS Veteran

    Joined:
    May 15, 2009
    Messages:
    2,925
    Its not as easy for DVD to ROFR deeds as you suggest. First, there has to be a resale transaction DVD can take over, and right now there aren't a lot of BWV deeds on the resale market. Second, even if DVD steps in on a resale transaction, its subject to the same delays and problems that others encounter when closing a transaction: Sellers not returning documents timely; problems with estate or bankruptcy issues; or sellers backing out at the last moment. It might take months before DVD actually gets possession of a deed. And third, I suspect there is a minimum threshold of price that makes it worth while for DVD to exercise ROFR. Even if it has a buyer on a waitlist, it makes little sense for it to overpay to ROFR a deed.
     
  8. Sur

    Sur Love the Dis

    Joined:
    Feb 11, 2013
    Messages:
    948
    Yes, hadn't thought of those reasons also! Good points as well.
     
  9. dwight16

    dwight16 Mouseketeer

    Joined:
    Apr 26, 2012
    Messages:
    452
    i dont think anyone really knows.....

    i went on VWL 3 weeks ago for 50 points and i got a call yesterday 30 is available for sept use year. i was ok with that since i was just going to buy 35. charged my credit card today and we are done.....i was on the BWV and BCV for 6 weeks and heard nothing....
     
  10. johnsbelt

    johnsbelt Mouseketeer

    Joined:
    Jun 1, 2010
    Messages:
    91
    And add to the fact that the contract probably needs to have all of the current years points available. Not many people who purchase direct wouldn't purchase if all of the points were there, especially at the new prices.

    John
     

Share This Page