Considering buying resale contract

[maui22]

We are considering buying a PVB resale contract. Didn't realize PVB direct had dropped so low until @Sandisw mentioned it in another thread. We know the tower is likely to be new association.

All our contracts in the past have been purchased direct and before the restrictions started, so we are still adopting and learning about the changes.

If we bought, my understanding is the resale PVB points could only be used at the legacy resorts. Our existing direct purchase points would still be able to be used at all current and future resorts.
If we decided to sell some of our smaller direct contracts, how many direct points do we need to maintain to receive perks?

Is there anything else we should be aware of?

 

[AwfulWaffle]

If we decided to sell some of our smaller direct contracts, how many direct points do we need to maintain to receive perks?

My understanding is that you just need to keep the contract(s) that awarded you the blue card in the first place. If your first and second contracts gave you the required points for blue card status then keep those and sell off any of the others. If the first did it then just keep that one and sell off any others

 

[Sandisw]

As of today, PVB resale points can not be used at RIV, VDH, and presumably all future resorts, which may or may not include Poly tower.

So, they will be good for the legacy 14, and in 2043, drop to 9 resorts, 7 which are at WDW. Your direct points will always be good everywhere, even if you also have resale points. It is the points that carry the restrictions and not the owner.

In terms of membership extras, it all depends on when you bought your direct contracts as those are tied to the threshold at the time.

If you bought them after June 2021, then you must keep enough direct points to go to 150. If you purchased when the threshold was lower, then you have to meet that.

If you fall below the current minimum when you sell, if you ever want to get them again, you would then need to meet whatever minimum is in place at the time.

For example, I bought my 175 RIV direct contract in my AUG UY when the minimum is 125. If I decided to add on 125 RIV points again today and sell the 175, that membership loses its membership extras status because the minimum today is 150.

 

[MagicDVC]

Your resale PVB contract would only be able to be used for CCV and older resorts. You would keep your benefits as long as you direct contract has benefits attached. We have a 85 pt direct contract that is benefit eligible and we can't sell that contract without losing the perks.

 

[maui22]

As a follow up.

Say we purchased 160 BLT, 60 BLT, and then 80 PVB all direct before 2016.

Since these were all before restrictions, would we be able to sell any of them and keep blue card status? For example, if we sell the 160 BLT, would we still be blue card members since those were all purchased before restrictions.

Or would we need to keep the 160 BLT since it's the one keeping us over the 150 current requirement?

 

[Sandisw]

As a follow up.

Say we purchased 160 BLT, 60 BLT, and then 80 PVB all direct before 2016.

Since these were all before restrictions, would we be able to sell any of them and keep blue card status? For example, if we sell the 160 BLT, would we still be blue card members since those were all purchased before restrictions.

Or would we need to keep the 160 BLT since it's the one keeping us over the 150 current requirement?

Since each of those contracts was purchased prior to the changes, keeping any of them will qualify you for membership extras.

 

[MagicDVC]

As a follow up.

Say we purchased 160 BLT, 60 BLT, and then 80 PVB all direct before 2016.

Since these were all before restrictions, would we be able to sell any of them and keep blue card status? For example, if we sell the 160 BLT, would we still be blue card members since those were all purchased before restrictions.

Or would we need to keep the 160 BLT since it's the one keeping us over the 150 current requirement?

Yup, keeping any one of those contracts will give you perks. Something to keep in mind is those contracts also are unrestricted points that can be used at any resort now or in the future.

 

[sndral]

My recollection is that prior to 2/2016 there was no requirement that you have direct points for perks, when DVC added that requirement the official direct minimum was 25 points, & a lot of people bought resale contracts & then added on the 25 point direct minimum to get blue card perks.
2/18 DVC upped the minimum to 75 points.
9/19 DVC upped the minimum to 100 points.
10/20 DVC upped the minimum to 125 points.
6/21 DVC upped the minimum to the current 150 points.

If I was considering a Poly resale I’d hesitate because we don’t know whether Poly1 & Poly 2 will be the same association or separate associations. If separate, then I’d be bummed to not be able to use my resale Poly 1 points to stay at Poly 2’s bigger villas. If the same association I’d be concerned that a flood of new points could impact booking patterns/availability & resale prices.

 

[Dotluvsdisney]

What fun options you have to explore! People have been waiting for the new tower news since it was announced. I am already pushing 50 and have no idea what we or our kids will be into by 2042. Happy I bought my PVB resale points last year because we have enjoyed all of our stays. I had some health issues this year and if we had not had our DVC, would not have been able to go on vacation .

 

[AwfulWaffle]

People have been waiting for the new tower news since it was announced

I can”t speak for others but for my family we choose to wait for direct points at a resort where we want to book at 11 months and still have flexibility at 7 to occasionally stay at some of the current/future restricted resorts. With that being said, it doesn’t mean we stopped vacationing . Hope your health gets better so you get to enjoy the remaining 19 years on your contract and welcome home!

 

[maui22]

My recollection is that prior to 2/2016 there was no requirement that you have direct points for perks, when DVC added that requirement the official direct minimum was 25 points, & a lot of people bought resale contracts & then added on the 25 point direct minimum to get blue card perks.
2/18 DVC upped the minimum to 75 points.
9/19 DVC upped the minimum to 100 points.
10/20 DVC upped the minimum to 125 points.
6/21 DVC upped the minimum to the current 150 points.

If I was considering a Poly resale I’d hesitate because we don’t know whether Poly1 & Poly 2 will be the same association or separate associations. If separate, then I’d be bummed to not be able to use my resale Poly 1 points to stay at Poly 2’s bigger villas. If the same association I’d be concerned that a flood of new points could impact booking patterns/availability & resale prices.

Already know tower may (likely) will not be part of PVB. Have mixed emotions (and it changes several times a day) on the tower.

Some pros on our list

• It will have really good views. Lake/lagoon view will see fireworks. Standard view will have monorail view.A
• Additional room types 1BR, 2BR, and likely duo (2 person limit) studios. GVs are something that we will never stay in, but hope they are extremely popular.
• Based on images from Disney, DW and I assume it will have restaurants and a bar.
• Ability to stay at all properties (if bought direct).

Cons on our (DW and I) list

• I'm less a fan of that side of Polynesian property because all my family memories of Poly stays back to the 80s have been the DVC longhouses (even when they were hotel).
• Further from Disney transportation.
  • DHS/AK/DS - bus location on PVB side is minor factor.
  • Epcot - taking resort monorail to TTC is terribly slow. As long as we are able to walk (which isn't as much
  • MK we rarely go to the GCH for MK transportation. Resort monorail is slower and can be at capacity in the morning, MNSSHP, MVMVP event hours. Roughly same distance to walk from DVC longhouses to TTC for ferry, express monorail, or get on the resort monorail before GCH stop.
• Tower traffic could be very busy/noisy. Tower will have pool outside, likely some outdoor exposure for bars/restaurants which can be noisy. Also, I suspect more people will walk between Poly and GF once the tower is completed. We like the PVB longhouses because we can relax on the lanai. Despite being in one of the busiest places in the world, it is exactly what we need to unwind.
• In our case, our house backs up to a really nice walking path where we talk with neighbors all summer long. For vacations, it's nice to have more of a retreat feel from the room/lanai.
• PVB resale restricted from RIV, VDH, Tower, CFW, and future resorts. (This is why we are less likely to sell our largest contract). If it ends up bothering us, our attitude is to do the same thing we would if traveling the world. Rent our DVC points and use the money to pay for the non-Disney trip. We could even do this with RIV. Rent our PVB points and then stay at RIV.
• PVB is highly likely to have access to all common areas at tower (pool, restaurants, bar) and be a very short walk away. (Few minutes further than walking to GCH). Even VGF will have convenient access to restaurants and bar at tower.

I probably missed a bunch of other things DW and I have talked about.

 

[tidefan]

You already have direct points. Personally, if you like the PVB1 longhouses (which I personally love), then go for it. You can always use your direct points if you want, say, VDH. And, if it is different associations, then you can be with us, actually being able to get in at NYE unlike the masses at PVB2 in a free-for-all trying to procure what few studios they'll have over there...

 

[maui22]

What fun options you have to explore! People have been waiting for the new tower news since it was announced. I am already pushing 50 and have no idea what we or our kids will be into by 2042. Happy I bought my PVB resale points last year because we have enjoyed all of our stays. I had some health issues this year and if we had not had our DVC, would not have been able to go on vacation .

Life is short, enjoy life and family.

DW was forced into retirement (company she worked for closed last year). I'm close enough that retirement is definitely on my mind. I am a cancer survivor. One of the things we love about Disney is the ability to sit on a bench and see so many people laughing and smiling. Over the years, we have had more than a few tears in our eyes watching CMs bring magic to a family.

 

[MagicDVC]

Life is short, enjoy life and family.

DW was forced into retirement (company she worked for closed last year). I'm close enough that retirement is definitely on my mind. I am a cancer survivor. One of the things we love about Disney is the ability to sit on a bench and see so many people laughing and smiling. Over the years, we have had more than a few tears in our eyes watching CMs bring magic to a family.

Honestly, I wouldn't sell your direct points for PVB resale. You would be able use your direct points to stay at PVB and the tower if you choose. If the tower is in a separate association, you would still be able to use your current points there. The booking patterns at PVB may change and you can get studios at 7 months if using your BLT points.

 

[sndral]

Already know tower may (likely) will not be part of PVB. Have mixed emotions (and it changes several times a day) on the tower.
…

• Tower traffic could be very busy/noisy. Tower will have pool outside, likely some outdoor exposure for bars/restaurants which can be noisy. Also, I suspect more people will walk between Poly and GF once the tower is completed. …
• PVB is highly likely to have access to all common areas at tower (pool, restaurants, bar) and be a very short walk away. (Few minutes further than walking to GCH). Even VGF will have convenient access to restaurants and bar at tower.

I probably missed a bunch of other things DW and I have talked about.

Personal preferences make such a difference, some of your cons are pros to me & vice versa the biggest being I prefer 1 & 2 br. villas, so access to those larger Poly tower villas would outweigh most other considerations for me.
Unless the tower has a really popular restaurant or Trader Sam sort of bar I don‘t see traffic there approaching the level of chaos the main lobby at the Poly experiences. Of course the tower lobby will likely be a money saving compact lobby like DVC has done w/ their other tower resorts like BLT & Riv., so may feel crowded despite having fewer visitors. We stay at the VGF and often walk over to the Poly for lunch at Captain Cooks & while there’s some traffic between the resorts I don’t see that increasing much - most MK folks will likely monorail or boat over.
Looking at the artist’s renderings of the pool at the Poly tower it looks small to me & if the Poly tower is a separate association I predict they’ll limit swimmers to those staying at the Poly tower like the BLT pool is not available to Contemporary guests. I wouldn’t be surprised though if the Poly tower guests had access to their own & the regular Poly pools though, like BLT guests can use their own and the Contemporary pool. It likely will depend on how they allocate the MFs. Although BRV guests can use the CCV pool, so there’s precedent for access to all pools.

 

[maui22]

Honestly, I wouldn't sell your direct points for PVB resale. You would be able use your direct points to stay at PVB and the tower if you choose. If the tower is in a separate association, you would still be able to use your current points there. The booking patterns at PVB may change and you can get studios at 7 months if using your BLT points.

Good idea. We won't sell any points for at least a year. By then, we will hopefully know more about tower and CFW.

 

[maui22]

Personal preferences make such a difference, some of your cons are pros to me & vice versa the biggest being I prefer 1 & 2 br. villas, so access to those larger Poly tower villas would outweigh most other considerations for me.
Unless the tower has a really popular restaurant or Trader Sam sort of bar I don‘t see traffic there approaching the level of chaos the main lobby at the Poly experiences. Of course the tower lobby will likely be a money saving compact lobby like DVC has done w/ their other tower resorts like BLT & Riv., so may feel crowded despite having fewer visitors. We stay at the VGF and often walk over to the Poly for lunch at Captain Cooks & while there’s some traffic between the resorts I don’t see that increasing much - most MK folks will likely monorail or boat over.
Looking at the artist’s renderings of the pool at the Poly tower it looks small to me & if the Poly tower is a separate association I predict they’ll limit swimmers to those staying at the Poly tower like the BLT pool is not available to Contemporary guests. I wouldn’t be surprised though if the Poly tower guests had access to their own & the regular Poly pools though, like BLT guests can use their own and the Contemporary pool. It likely will depend on how they allocate the MFs. Although BRV guests can use the CCV pool, so there’s precedent for access to all pools.

Completely agree on the personal preferences comment. It's fun talking with owners at various properties. It feels like we always learn something new.

You may be right about the tower pool is part of it's own association.
Not sure how Disney wants to tell Tuvalu, Fiji, and Aotearoa, (and possibly Tonga) longhouse guests they can't use the tower pool. Based on DVCNews.com site plan article it seems the pool will be closer to those longhouses than it is for many of the rooms at the tower. Hopefully, Disney puts in some nice landscaping to help reduce the sound.

If pool is part of tower association, wouldn't it help PVB annual dues slightly? Tower association will pay for Polynesian areas (both pools) plus their own pool. Additionally, tower will pay for Poly lobby much like BLT pays for it's lobby plus the CR lobby. Is it any coincidence GF lobby is being remodeled after BPK was added and Poly GCH had a remodel after PVB was added?

 

[Cybertruck]

As of today, PVB resale points can not be used at RIV, VDH, and presumably all future resorts, which may or may not include Poly tower.

When you say as of today, is that a recent change or that was part of the original PVB association terms and conditions I missed?

So, if I purchased PVB next week (unlikely scenario but I am monitoring resale prices) it is possible I would be locked out of the tower. My family needs 1 and 2 bedrooms.

I thought the only restricted resorts are RIV and VDH.

 

[intamin]

When you say as of today, is that a recent change or that was part of the original PVB association terms and conditions I missed?

So, if I purchased PVB next week (unlikely scenario but I am monitoring resale prices) it is possible I would be locked out of the tower. My family needs 1 and 2 bedrooms.

I thought the only restricted resorts are RIV and VDH.

People don't know what association the new tower will be part of. We may be looking at something similar to CCV and BRV where even though they're right next to each other, they have different home resort priorities, point charts and expiration dates. Alternatively, it may end up being similar to VGF where the points they're selling now are part of the same association as the original and simply added a new booking category/room type.

Buying PVB resale at this time does NOT guarantee you will be able to stay at the new polynesian tower at this time and if you must stay in a 1BR or a 2BR, I would advise you to not purchase PVB resale until an announcement is made. Buying resale PVB is a gamble currently on whether or not you will be able to stay in the new building. The only thing that is guaranteed with PVB resale currently is you will be able to book the studios and bungalows.

 

[sndral]

When you say as of today, is that a recent change or that was part of the original PVB association terms and conditions I missed?

So, if I purchased PVB next week (unlikely scenario but I am monitoring resale prices) it is possible I would be locked out of the tower. My family needs 1 and 2 bedrooms.

I thought the only restricted resorts are RIV and VDH.

That is the million dollar question.
DVC first added resale restrictions w/ the introduction of Riviera - all resale points purchased after Riviera began selling in 2019 cannot be used to book Riviera. This year they made the new DL tower a restricted resort as well, so all resale points purchased after 2019 cannot be used there either. However in 2022 they did not make VGF2 a separate resort, thus it operates per the original VGF POS, is not restricted, & resale points purchased post 2019 can be used to book VGF2 (except Riv. & the new DL DVC resale points since those can only be used to book their home resort.)
So if DVC makes the Poly tower a new association presumably they’ll make it restricted & a resale contract for Poly1 purchased after the 2019 resale restrictions could not be used to book Poly2. Or they could follow the VGF pattern & label the Poly tower an add on, in which case you could use those Poly resale points you buy today to book the new tower. Or they could come up w/ some wild hybrid set of rules .