Any word on July 2022 Direct Sales?

[Frugal Fairy Tales]

When are these stats usually available?

 

[Spinster Travel]

https://dvcnews.com/dvc-program/fin...nd-floridian-in-dvc-direct-sales-in-july-2022

Posted today

 

[Hoppy-tn]

Don’t know how to post it but Riviera sold the most.
416 contracts for 82,420 points.
grand Floridian 395 contracts, 74,166 points

 

[Frugal Fairy Tales]

https://dvcnews.com/dvc-program/fin...nd-floridian-in-dvc-direct-sales-in-july-2022

Posted today

Thanks!

 

[Frugal Fairy Tales]

"Riviera Edges Grand Floridian In DVC Direct Sales In July 2022"
I wonder how this will affect pricing after Aug 24th?

 

[pianomanzano]

Damn, a 3100 point contact for Riviera!

 

[Frugal Fairy Tales]

Damn, a 3100 point contact for Riviera!

Someone is staying in a grand villa(s)! And the dues are only $26k per year! Wow!

 

[Nursemanit]

Someone is staying in a grand villa(s)! And the dues are only $26k per year! Wow!

Or someone is renting points as a business

 

[KTownRaider]

Damn, a 3100 point contact for Riviera!

I guess minimizing closing costs was a priority!

 

[Sandisw]

I think it’s a good sign that the direct sales are moving in the right direction.

The fact that RIV sold more…even though it’s only 6k…than VGF is a pretty bit plus for RIV.

I find it interesting that add ons fueled the increase too.

 

[TraderStitch]

Ha, take that VGF! lol

 

[DVChris]

A bit surprising they sold 4 deeds to VGC. Glad they started tracking CA sales a few months ago.

 

[The_MT]

A bit surprising they sold 4 deeds to VGC. Glad they started tracking CA sales a few months ago.

Where did they get the points to sell those? Foreclosures?

 

[TraderStitch]

Where did they get the points to sell those? Foreclosures?

Nothings ever REALLY sold out. They can just charge more for them lol. DVD always seems to have some points in their back pocket.

 

[havoc315]

I think it’s a good sign that the direct sales are moving in the right direction.

The fact that RIV sold more…even though it’s only 6k…than VGF is a pretty bit plus for RIV.

I find it interesting that add ons fueled the increase too.

Agreed. It shows you how close the 2 resorts are in people's minds, at least when Riv is slightly cheaper than GFV. It's quite possible that if they were the exact same price, GFV would be selling a bit more. And if GFV was cheaper than RIV, it might get the margin.

My educated guess -- Disney is happy with the 2 resorts selling at similar amounts, given that RIV has FAR more inventory to sell. At the current pace, GFV would sell in in early 2024.... But RIV still wouldn't sell out until 2026. (Though I suspect Disney may be happy keeping a big chunk of RIV for cash bookings).
So I expect Disney to continue to incentivize RIV a bit more than GFV.

 

[havoc315]

Where did they get the points to sell those? Foreclosures?

Or ROFR.

 

[CaptainAmerica]

Where did they get the points to sell those? Foreclosures?

ROFR

Nothings ever REALLY sold out. They can just charge more for them lol. DVD always seems to have some points in their back pocket.

You're describing a felony.

 

[geargrinder]

They must be selling from foreclosures. Can't be ROFR. They are sold out and haven't been taking VGC in ROFR.

 

[DonMacGregor]

I'm curious about the 16 deeds for a whopping 1,405 points at SSR. Especially since DVC has clawed back almost 300 contracts this year at SSR for the board sponsor alone (possibly as many as 90,000 points?).

 

[pianomanzano]

I'm curious about the 16 deeds for a whopping 1,405 points at SSR. Especially since DVC has clawed back almost 300 contracts this year at SSR for the board sponsor alone (possibly as many as 90,000 points?).

They’ve ROFR’ed about 120k SSR points direct and sold about 30k this year.