4 month advantage at home resort shortened

[KANSAS]

what would happen to SSRS sales &DVC Resales/BCV,etc

if DVC reduced the 4 month advantage at your home resort from
4 months to 3 months or even 1 month

Please do not post, this is unlikely to happen. I agree.

The intent of this thread, is to see,
what we think would happen to the Resale market,
if BCV owners, only had a 1 month or 2 month advantage
over non bcv owners, for booking at BCV.

 

[KANSAS]

I will go first

IMHO

IF DVC allowed SSRS owners to book into BCV and other DVC resorts
at 9 month window, instead of 11 month window.

It would seriously devalue the DVC resales, especially BCV

 

[tjkraz]

I think DVC would pick up a LOT of sales that are currently going to resale or have folks sitting on waiting lists for other resort add-ons.

SSR has the lowest dues in the program and the 12 extra years. Eliminate 75% of that home resort booking advantage for the other properties and there would be virtually no reason to buy points at those locations.

Yes, some people would just book sooner. Many, many more simply cannot book that early, or they would book a room and later end up having to switch their dates (leading to more waitlist success.)

 

[sjdisneywedding]

absolutely it would devalue resales at bcv, but it might also raise the resale of others such as vb, okw, hh, etc . and SSR would probably sell for even more since the 12 extar years come into play Basically what you would get is all dvc resorts selling to a more uniform price because whats the point of having a home resort in this instance? The shorter the booking window advantage the less important your choice in home reort becomes

 

[Simba's Mom]

I used to worry about SSR members joining there, but really wanting to "get in" and then book at other resorts, but recently I met a new SSR member that made me rethink. She joined after taking the tour at SSR and just assumed that "from now on when we go to Walt Disney World, we'll be staying at Saratoga Springs, you know, the Disney Vacation Club place." She thought that where you buy, that's where you stay from now on. She was shocked when I mentioned staying at BWV and BCV, I could tell she didn't really believe me that she could stay there. I can't help but wonder how many of the new members think like this. Probably not many, but it did calm my fears about the rash of SSR owners competing for space at other resorts.

 

[Doctor P]

The low dues at SSR are artificial--I can't believe people haven't figured that out. Not only were the dues subsidized (as acknowledged by DVD), the property taxes were also not fully charged yet due to the way that assessments work. My guess is that SSR for 2006 and beyond will be among the HIGHEST dues, not the lowest. At best, it will be .15 to .20 higher than OKW.

 

[rocketriter]

Wow, if posters can't go any farther using one way to bash BCV, they scrounge around until they find another one! Many posts on this subject seem to be discussing 11/7, comparative value or ROFR, but underneath there's a pungent current of "Let's stomp on BCV again."

 

[tjkraz]

The low dues at SSR are artificial--I can't believe people haven't figured that out. Not only were the dues subsidized (as acknowledged by DVD), the property taxes were also not fully charged yet due to the way that assessments work. My guess is that SSR for 2006 and beyond will be among the HIGHEST dues, not the lowest. At best, it will be .15 to .20 higher than OKW.

The subsidy is a result of the ongoing development of the resort. The dues are based upon 309 units. Cost components like "Administration and Front Desk", "Management Fee" and "Transportation" are being spread over a smaller population than will ultimately be the case. The subsidy is a recognition of the fact that an abnormally small number of owners should not be required to carry the burden of resort amenities designed to accommodate a much larger population.

No worries here.

Property taxes are being charged at .7791, which I believe is about $.10 per point less than OKW. Perhaps SSR will see a larger increase down the road. Perhaps not.

SSR and OKW are very similar resorts in terms of property size, construction design and amenities offered. I wouldn't be surprised to see the two of them battling for the lowest dues in future years. If nothing else, my guess is that OKW will tend to be a little higher due to the larger room sizes. Time will tell...

 

[jade1]

"what would happen to SSRS sales &DVC Resales/BCV,etc"

Better yet, just think what would happen if SSR owners could reserve BCV at 12 months-I just bet the BCV resale prices would go down and SSR sales would increase.

 

[tjkraz]

Wow, if posters can't go any farther using one way to bash BCV, they scrounge around until they find another one! Many posts on this subject seem to be discussing 11/7, comparative value or ROFR, but underneath there's a pungent current of "Let's stomp on BCV again."

I guess sometimes we see what we want to see...

 

[Beca]

Wow, if posters can't go any farther using one way to bash BCV, they scrounge around until they find another one! Many posts on this subject seem to be discussing 11/7, comparative value or ROFR, but underneath there's a pungent current of "Let's stomp on BCV again."

Just remember...the person who started this thread, whom you are accusing of "stomping on BCV" is a self-professed BCV owner!!! I don't see why you think this is "stomping", rather than someone concerned about the long-term stability of the recent price increases at their home resort.



Beca

 

[IsAreWasWereAm]

I'm inclined to believe that not much would change. I think that most members initially have a desire to try out all the resorts in the beginning, but then stick to their own home resort as time goes on ... simply because they'd consider it "home". It might, however, have some effect on the waitlist ... which even BCV owners have to get on if they don't have the foresight to plan ahead.

 

[Sammie]

Wow, if posters can't go any farther using one way to bash BCV, they scrounge around until they find another one! Many posts on this subject seem to be discussing 11/7, comparative value or ROFR, but underneath there's a pungent current of "Let's stomp on BCV again."

It's amazing how different people can read the exact same thing and come up with completely different perspectives. I did not see this anywhere in the first post.

 

[JimFitz]

Wow, if posters can't go any farther using one way to bash BCV, they scrounge around until they find another one! Many posts on this subject seem to be discussing 11/7, comparative value or ROFR, but
underneath there's a pungent current of "Let's stomp on BCV again."

What? Where did you see that?

BTW.....BCV Stinks.

 

[DebbieB]

The low dues at SSR are artificial--I can't believe people haven't figured that out. Not only were the dues subsidized (as acknowledged by DVD), the property taxes were also not fully charged yet due to the way that assessments work. My guess is that SSR for 2006 and beyond will be among the HIGHEST dues, not the lowest. At best, it will be .15 to .20 higher than OKW.

I think if you look at the history of VWL dues, you will see they were alot lower than BWV at the beginning and are now close to the same. The first year for VWL (2000), dues were 3.62 vs 3.94 BWV,now they are 4.35 vs 4.41. I wouldn't expect SSR to jump way up in 2006 but it will probably go up at a higher rate than the others. I'm not sure what the fact that it is a standalone resort does to dues.

 

[KANSAS]

I was shocked how high DVC/VERO BEACH annual dues are!!

I would think this will really hurt their resale value in later years,
plus not a onsite DVC REsort

 

[crisi]

It could have the opposite result. With only a month before it opens up to the general member population, rooms at a place like BCV may book even faster. BCV and VWL in particular might begin to appeal particularly to people who really want the resort, aren't planning to switch, and take the same vacation each year. After all, booking 11 months in advance isn't a problem if you always go for the same week in early December.

 

[TammyAlphabet]

I wanted to buy at BCV but it is now out of my price range. I bought at SSR instead. However, I wonder what Freud would have thought about all this "resort" envy???

 

[jarestel]

I don't see shortening the home resort booking advantage having any real effect. If the home booking window was one month, the members who now book at 11 months wouldn't be affected anyway. The folks who book between 7 - 10 months would probably adjust and book accordingly, and the people who never take advantage of the booking window won't notice a thing.

The reason BCV enjoys such a high resale value is the same reason any property does... location, location, location ( and SAB ). I don't think changing the booking window will affect resale prices.

 

[sjdisneywedding]

I don't see shortening the home resort booking advantage having any real effect. If the home booking window was one month, the members who now book at 11 months wouldn't be affected anyway. The folks who book between 7 - 10 months would probably adjust and book accordingly, and the people who never take advantage of the booking window won't notice a thing.

certainly dont see the reasonong behind this. what do yo mean those between the 7-10 window would adjust and book accordingly. maybe they dont plan their vacations 11 months in advance, thats probably an aweful lot of people you are talking about.

with the 11-7 month windows you could book at you home resort at 11 months out , 10 months , 9 months etc without having to worry about other resort members booking your potential room.

If that changed to a 11-10 month window now you have 1 month to get that reservation in. You are losing 3 months of priority booking time, couple that with the problem of now everyone would be calling within that 1 month window instead of spreading their calls out within a 4 month period and you have big differences.