Changes to Resale

[DanCio]

Then I’ll buy back into DVC. I owned at BLT and VWL 4 years ago.

Shame on you, you don't fit the DVC Vision, you're supposed to buy it once, buy it for life and NEVER sell it.

 

[CraigInPA]

One thing I wonder about is how many more DVC resorts they can build in FL. While they obviously have room they really don't have all that much close to existing resorts or theme parks. There isn't all that much space around Seven Seas Lagoon. The land inside the monorail between TTC and The Contemporary isn't stable enough and the land north of the Contemporary sees too much "backstage" There is a bit between AKL and where Reflection will go but not a whole lot. There is some south of there along Vista Blvd and they have always wanted something that could "tie in" FW and the campgrounds and a bit north of Coronado Springs west of World Drive but that's about it. What's that maybe 3 or 4 new resorts? And who says they even could be exclusively DVC?

I'm sure they could fit something between GF and MK. There's actually a lot of land there.

The other side of Bay Lake, off World Drive, has a huge space behind space mountain. They'd likely have to re-locate some backstage areas at the end of World Drive to improve the views.

 

[quandrea]

I think that contracts purchased through resales should only be allowed to book at their "Home Resorts" not any of the 14 existing resorts. That may relieve some of the pressure of trying to book at the more desirable resorts. If someone bought a resale at OKW then that should be the only resort they could book. I know there may be a few people who would disagree , but people who paid a premium to buy directly from DVC should have some advantage over those who chose to buy at a lower price on the resale market. I'm sure Disney is thinking about this change to encourage direct sales and lower resale prices for ROFR.

The thing is, if Disney puts all these restrictions in place and thus depresses the resale market, your points are not as valuable. Right now, if you wanted out from under your contract, you could sell easily and at a very good price. Put all these restrictions in place and you’re stuck with a timeshare you can’t give away but that you have to pay dues on. Careful what you wish for.

I’ve bought direct and resale. Part of what I’ve liked about dvc is the healthy resale market. Disney does themselves no favours by depressing that market.

 

[DanCio]

I'm sure they could fit something between GF and MK. There's actually a lot of land there.

The other side of Bay Lake, off World Drive, has a huge space behind space mountain. They'd likely have to re-locate some backstage areas at the end of World Drive to improve the views.

This is the cover of a marketing item I believe was handed out in the Preview Center before opening and it shows what was the Asian Resort (left where GF is today), the Venetian resort (between CR and TTC) and the Persian Resort were to be located. You can also see the Poly and Contemporary and the NW edge of the Disney golf resort parking lot which today is Shades of Green. They would not only have to change the land use from backstage storage (used now) they would most likely have to do something with the monorail though the driver could easily switch ends. But I also realized, doesn't the Resorts Monorail run on the inner loop? Then it would have to cross over the outer loop and I don't think that is in the cards.

 

[DVCcurious]

Shame on you, you don't fit the DVC Vision, you're supposed to buy it once, buy it for life and NEVER sell it.

That is their plan...

Anyway long story, uh, long we needed the cash for my son.

(Long story folllows about my son who has delayed speech)

My son (6 years old) has an ultra-rare brain. He is extremely visual (20 times a normal person) which stunted his verbal development. Because he sees things very detailed in his brain he couldn’t then express in words what his brain saw. His mind literally built a brick wall between visual and verbal. It’s Saturday and we go to the zoo and on the way home we ask “John, what did you do today?” and he’d say “I went to school”. He could “see” the zoo in his brain but the wall blocked the transfer of information so his mind choose a pre-determined response to that question. It was all very, very weird.

In the past they called these kids “nerds” and “introverts” and they grew up to be Bill Gates or Steve Jobs. Now they call these kids “autistic” and want to put them in special classes. Autism is a real thing with medical tests needed to diagnose it, but the school just calls anyone outside of the norm “on the spectrum”.

But my son did amazing things for his age. He moves through the playground like a rock climber, hanging off bars and moving throughout and he’s never hurt himself because he “sees” everything in his brain so he knows what to do to not get hurt. He has solved problems that he shouldn’t be able to solve at 2 or 3 years old.

Anyway I’m an accountant and I went to Carnegie Mellon for my MBA. My college roommates were engineers. So I knew my son had no problem and wasn’t “mentally handicapped” He’s like everyone I’ve ever hung out with. My friends built computers for fun, in the early 90s, in high school. Weird people who aren’t “normal”. That wasn’t a problem in the 80s but now it’s a big problem.

The school gave my son an IQ test and he scored 66. I laughed at them and told them they’re morons. My son can’t answer direct questions so how can you test him? They just assured me they know what they’re doing. My uncle has Down syndrome so I’ve spent 40 years around people with 66 IQs. My son isn’t it. But they were determined to put him in special ed.

We had spent years researching this. He had been in speech therapy for 3 years with no improvement. But in April my wife stumbled across a neuroscientist who specializes in people like my son. She only treats 2 people at the same time because it’s so intensive. She also gets a ton of false flags because this condition is extremely rare. So she has a screening process. After screening (interviews with John and the family, questions about his behavior, video of him talking) she said he was one of the best candidates she’s ever had.

She said the schools IQ test is invalid for kids with speech delay and wasn’t surprised at the 66. She also believes IQ tests are not very accurate in general. She typically works with Silicon Valley IT people who can’t progress in their careers: very smart, highly visual, can invent new things, but they can’t explain anything they’re doing so it stunts their career development.

It was $3,000 per month so we sold our BLT 250 point contract to pay for it. She started working with him and within two weeks there were massive changes. He was able to answer “what did you do today” with the correct answer. He had been in speech therapy for 3 years with no change, but this scientist was able to make improvements in 2 weeks.

We worked with her 5 months. Now he’s doing great in 1st grade this year. The idiot school psychologist still wants to put him in special ed because she can’t admit she’s wrong.

He still doesn’t talk much, but he’s an introvert like me and my friends. But he can at least explain his thoughts which he could never do before.

The school speech therapists and special ed teachers only know how to treat the 95% of people in the middle. They can’t help those in the third standard deviation. It’s not their fault, but I do blame them for not admitting they don’t know what’s wrong.

When he was a baby he got every complication (when the dr gives a shot and said “this may cause....” John was sure to get ... every time). I called him “the black swan baby”. I didn’t know how right I was...

 

[DanCio]

No, why would the psychologist admit she's wrong? In her mind, she's correct and probably claims "I see this all the time". Yeah, right. We see what we allow our mind to see. She stopped her own learning and the day you do is the day you die. Too bad for you, great for your son and family!

 

[DVCcurious]

No, why would the psychologist admit she's wrong? In her mind, she's correct and probably claims "I see this all the time". Yeah, right. We see what we allow our mind to see. She stopped her own learning and the day you do is the day you die. Too bad for you, great for your son and family!

Thanks. I don’t want to sound unappreciative of the school
psychologist, speech therapist, etc. they are doing they’re best and I’m sure they do great work for kids with mainstream problems. He is still doing speech therapy at school (even though we know it’s doing very little it’s best to keep things cordial with the school). I just wish they’d admit what they don’t know. They really believe they know exactly what’s wrong with him: he has a 66 IQ. Although the special ed director told me at his December parent/teacher meeting that she’s amazed at the difference this year. I’m just like “yeah you guys do good work”.

“It’s not what a man doesn’t know that gets him in trouble. It’s what he knows for certain that just ain’t so”.

- Mark Twain

 

[Dean]

Why would resale buyers of the 14 have to exchange to use their points on a 14 resort? The right to use other DVC resorts - the 14 - is an appurtenance which follows your ownership (real property) interest and cannot be seperated from it per the language in the deeds. DVC cannot limit your use of that benefit based on the language they used when they created the easement.

Up to a point, there are ways for resorts to exit the system. However, each use for other resorts is technically and legally an internal exchange.

I think that contracts purchased through resales should only be allowed to book at their "Home Resorts" not any of the 14 existing resorts. That may relieve some of the pressure of trying to book at the more desirable resorts. If someone bought a resale at OKW then that should be the only resort they could book. I know there may be a few people who would disagree , but people who paid a premium to buy directly from DVC should have some advantage over those who chose to buy at a lower price on the resale market. I'm sure Disney is thinking about this change to encourage direct sales and lower resale prices for ROFR.

This isn't possible for the existing resorts.

 

[gatorskin76]

I think that contracts purchased through resales should only be allowed to book at their "Home Resorts" not any of the 14 existing resorts. That may relieve some of the pressure of trying to book at the more desirable resorts. If someone bought a resale at OKW then that should be the only resort they could book. I know there may be a few people who would disagree , but people who paid a premium to buy directly from DVC should have some advantage over those who chose to buy at a lower price on the resale market. I'm sure Disney is thinking about this change to encourage direct sales and lower resale prices for ROFR.

That's not very neighborly of you. You knew the deal when you bought the same as those that bought resale. If they want to change it now, they are only hurting the value of everyone's points.

I'll be curious to see how this new restriction impacts availability. I am worried it is only going to make it slightly worse for the original 14 resorts. With a healthy rental market you will be competing with resale buyers that can't book the new resorts and new resort direct purchasers that can trade into the original 14. It would have made more sense to start to a new DVC2 tier that traded within the new resorts, but of course they wouldn't do that because it effects their sales pitch for new sales.

 

[DisneyHolidayFan]

no way will we buy into the next resorts. We have enough places to stay now. Disney has lost it's flavor since they started the new look of their rooms. Where's the Disney theme going?

No signs of Disney in the remodeled Beach Club Villas!!!