Buying resale but experiencing major FOMO, justified?

[VdoesDisney]

Hi All, I would love some thoughts on the fear of not buying direct, I am content with the resale contract I got (waiting on ROFR) but concerned that Disney will continue to differentiate between resale and direct buyers, and eventually we will see restrictions on the use of our points, or maybe be treated differently. Any resale only owners out there? What are your thoughts on not owning any direct points?

 

[RoseGold]

What's left to take away? The DVD library? What else in the O14 can they take? Sure, maybe you're "treated differently" and don't get a free soda at Epcot. I can live with that for a few thousand dollars. I guess the question is if you are happy with the O14. RIV (and Reflections, RIP) are just generic hotels to me I could take or leave. The special property I bought, VGF, is O14.

There are rules the O14 could do, like make different charts for non-home points. That could do something like a non-VGF surcharge on all VGF. But that would be all non-VGF points, not just resale and not just a particular resort. Or, your resort could completely remove itself from the system, or sell itself, or get destroyed. But all of that is true if you buy RIV as well, not just O14. I don't fear resale being more restricted because there isn't much left they can do without major changes to the whole system. I plan to sell in less than 10 years. I can't see any major changes that would be worth the level of savings I got for buying O14. Actually, I think the new builds might make the BLT/VGF charts look cheap, so I'm happy with my O14 buys.

I can see buying direct if something special got built. I mean, if they sold a few points at the Star Wars hotel, I'm in! If FOMO becomes actual MO, it's not like the mouse won't gladly take your money.

 

[Nabas]

Hi All, I would love some thoughts on the fear of not buying direct, I am content with the resale contract I got (waiting on ROFR) but concerned that Disney will continue to differentiate between resale and direct buyers, and eventually we will see restrictions on the use of our points, or maybe be treated differently. Any resale only owners out there? What are your thoughts on not owning any direct points?

To date, Disney has always grandfathered in resale buyers, with new restrictions applying only to those who buy later.

If anything, this is a reason to buy resale now and not wait for the next round of restrictions.

 

[Nabas]

What's left to take away? The DVD library? What else in the O14 can they take? Sure, maybe you're "treated differently" and don't get a free soda at Epcot. I can live with that for a few thousand dollars. I guess the question is if you are happy with the O14. RIV (and Reflections, RIP) are just generic hotels to me I could take or leave. The special property I bought, VGF, is O14.

What's left to take away? The ultimate DVC advantage: resort hoping.

Remember, DVC members are only guaranteed booking at their Home Resorts. Disney could crush the resale market by limiting Resale buyer to their Home Resorts.

As others have recommended, it's why you should buy where you would most like to stay.

 

[Sandisw]

What's left to take away? The ultimate DVC advantage: resort hoping.

Remember, DVC members are only guaranteed booking at their Home Resorts. Disney could crush the resale market by limiting Resale buyer to their Home Resorts.

As others have recommended, it's why you should buy where you would most like to stay.

They can not take away the ability to book any of the L14 based on resale vs direct points, The rules under which those resorts entered BVTC...which is how we can trade...would prohibit it,

We are only guaranteed our resort and that is true, But, as long as it is part of BVTC, we get to trade, If they want to remove a resort from it, they can, but then all owners...no matter what type of points...would lose trading.
RIv entered differently but with grandfathering in those owning prior so that is different

Now, is there a possibility to change the booking window for trading? Maybe. Some of the language leads me to think they can give direct points a slight advantage. But, then I have read that there are other aspects that would prevent it so honestly, not even sure this could happen.

 

[DVCsloth]

If I were to buy in now as a new owner, I would most likely buy Riviera direct. At least enough points for a Blue Card and if I could afford it, enough for a decent incentive. You can always add on resale later. Resale prices have a tendency to go up and down. Right now doesn't look like a good time to buy resale to me. Low inventory and high prices plus restrictions. I have a mix of Blue card resale and direct.

 

[_auroraborealis_]

There really are limits to what they can restrict based on direct and resale when dealing with O14. Rules of BVT cannot be changed easily after a resort enters the association.

That is why the new rules only apply at RIV, because RIV entered BVT on that basis. It is near impossible, practically speaking,to apply similar rules to prior resorts.

 

[RoseGold]

What's left to take away? The ultimate DVC advantage: resort hoping.

Remember, DVC members are only guaranteed booking at their Home Resorts. Disney could crush the resale market by limiting Resale buyer to their Home Resorts.

Sort of. I mean, they could completely remove a resort from the entire system, like they did during Covid, but that's true for any resort, including RIV.

It was a big deal for RIV to single out resale for resort hopping, because it's not in the O14 rules. So, VGF could charge more for non-VGF points, and hey, maybe it could charge more for Future Resort points. But VGF can't single out SSR point, or resale points. It can single out RIV resale points, because of the new contracts.

Future resorts can have whatever rules they want, maybe that will include RIV buyers too.

 

[Sandisw]

Sort of. I mean, they could completely remove a resort from the entire system, like they did during Covid, but that's true for any resort, including RIV.

It was a big deal for RIV to single out resale for resort hopping, because it's not in the O14 rules. So, VGF could charge more for non-VGF points, and hey, maybe it could charge more for Future Resort points. But VGF can't single out SSR point, or resale points. It can single out RIV resale points, because of the new contracts.

Future resorts can have whatever rules they want, maybe that will include RIV buyers too.

What DVC resort was removed during Covid from trading? Or am I not understand that sentence?

 

[RoseGold]

What DVC resort was removed during Covid from trading? Or am I not understand that sentence?

All of them were removed from trading, some much longer than others. That was based on local rules sometimes (Aulani) and sometimes without explanation even when local rules allowed operation (VGC).

 

[_auroraborealis_]

All of them were removed from trading, some much longer than others. That was based on local rules sometimes (Aulani) and sometimes without explanation even when local rules allowed operation (VGC).

Owners at those resorts could trade out. Others just couldn't trade in (because closed).

 

[Sandisw]

All of them were removed from trading, some much longer than others. That was based on local rules sometimes (Aulani) and sometimes without explanation even when local rules allowed operation (VGC).

Okay, Being closed is not the same as being removed from BVTC for trading. No DVC resort was impacted in that way. That is what some of us were referring to.

 

[VdoesDisney]

What's left to take away? The ultimate DVC advantage: resort hoping.

Remember, DVC members are only guaranteed booking at their Home Resorts. Disney could crush the resale market by limiting Resale buyer to their Home Resorts.

As others have recommended, it's why you should buy where you would most like to stay.

This is actually my biggest fear, and the reason we are buying at BWV, which is one of the worst values but the only resort we would be happy to stay at 100% of the time if it came down to that.

 

[VdoesDisney]

If I were to buy in now as a new owner, I would most likely buy Riviera direct. At least enough points for a Blue Card and if I could afford it, enough for a decent incentive. You can always add on resale later. Resale prices have a tendency to go up and down. Right now doesn't look like a good time to buy resale to me. Low inventory and high prices plus restrictions. I have a mix of Blue card resale and direct.

I strongly considered RIV but we don't like it enough to make it our 11-month advantage, also the dues are higher than most WDW resorts, and the point charts not very favorable, not to mention I worry about its resale value. The incentives made it a very attractive purchase, but we ultimately felt we needed to choose a resort we would be happy staying at if we couldn't switch at 7 months.

 

[Nabas]

This is actually my biggest fear, and the reason we are buying at BWV, which is one of the worst values but the only resort we would be happy to stay at 100% of the time if it came down to that.

BWV is fantastic!

One of the important reasons to buy at BWV is so you can book a Standard View (cheap points!) or Boardwalk View (nice view!) room, something that's hard to do if BWV is not your home resort. Perhaps more than anything, this is why we bought at BWV first.

 

[VdoesDisney]

BWV is fantastic!

One of the important reasons to buy at BWV is so you can book a Standard View (cheap points!) or Boardwalk View (nice view!) room, something that's hard to do if BWV is not your home resort. Perhaps more than anything, this is why we bought at BWV first.

Agreed! The standard view rooms actually are my preferred option because of points and because we have a toddler, so not facing he boardwalk or pool would work to our favor. To us it was ultimately worth the premium to have guaranteed walking distance to both parks and not have to rely on transportation. I looked into buying BWV direct but there was no way I could justify that ppp.

 

[Sandisw]

Agreed! The standard view rooms actually are my preferred option because of points and because we have a toddler, so not facing he boardwalk or pool would work to our favor. To us it was ultimately worth the premium to have guaranteed walking distance to both parks and not have to rely on transportation. I looked into buying BWV direct but there was no way I could justify that ppp.

Just be sure you are ready to book right at 11 months at 8 am for SV rooms. They go fast and from mid September until mid January, people even walk those. Congrats on your decision!

 

[_auroraborealis_]

They could not restrict only resale buyers to home resort in the O14. It would be everyone at a resort or no one.

They cannot magically change BVT rules for the O14.

 

[sethschroeder]

the dues are higher than most WDW resorts

BWV is a great resort and we own there right now as well but for us RIV is an amazing resort.

The thing I will say is that RIV showed this year with the credits it got back that its really in the middle of the pack not at the top. I would expect fairly stagnant increases the next couple years while a few different resorts pass it in MFs.

 

[sethschroeder]

We were just resale owners but really in the end just wanted the full access mostly for the AP/Ticket options which made the math better long term.

We got a great deal though at $155/point for RIV so its a little different than needing to buy points at like $190-$200.