Doorway to Dead End?

Where's the MAGIC?

Oh there is plenty of magic. Negotiation just isn't part of it. Can you imagine if we had all negotiated different deals? It would be all over the boards. So many of us would be unhappy with our deal.

In terms of the APS at Doorway, it does seem unfair, I agree. call a prospective buyer simply call DTD to purchase from a guide there and qualify for the APs? Or do you actually have to be there?
 
No it is a you have to be there deal to get it.
Oh there is plenty of magic. Negotiation just isn't part of it. Can you imagine if we had all negotiated different deals? It would be all over the boards. So many of us would be unhappy with our deal.

In terms of the APS at Doorway, it does seem unfair, I agree. call a prospective buyer simply call DTD to purchase from a guide there and qualify for the APs? Or do you actually have to be there?
 
Oh there is plenty of magic. Negotiation just isn't part of it. Can you imagine if we had all negotiated different deals? It would be all over the boards. So many of us would be unhappy with our deal.

In terms of the APS at Doorway, it does seem unfair, I agree. call a prospective buyer simply call DTD to purchase from a guide there and qualify for the APs? Or do you actually have to be there?


You have to go to DTD to get the deal (plus the Free A/Ps ended Friday). DH flew and signed paperwork with DTD to get a better deal (the A/Ps) over WDW. WDW told us the deal was over when it wasn't. Kind of made us mad - so DH (who flies for free) flew to DTD to get the better deal as WDW lied to our faces over it.
 

You have to go to DTD to get the deal (plus the Free A/Ps ended Friday). DH flew and signed paperwork with DTD to get a better deal (the A/Ps) over WDW. WDW told us the deal was over when it wasn't. Kind of made us mad - so DH (who flies for free) flew to DTD to get the better deal as WDW lied to our faces over it.

Wow, that is terrible. Do you remember who you spoke with at WDW?
 
I made the drive to DTD today. I was already going to add on with my normal guide at WDW when I read about the DTD deal (2 free AP) on the Disboards. Now, I live in St. Louis, so it is only a 4 1/2 hour drive each way. Well worth it for a value of abround $800. Documentation state you will recieve your 2 AP vouchers no later than 30 days from closing. I also recieved a large gift bag full of other DTD stuff including Mickey ear hats, duffle bags, luggage tags, ice scapers, fridge magnets, buttons, new hard backed Dream book, some H2O products, and some sort of door knob hanger thing with pockets and a hook on it. In another bit of non related news, The guide that did my paperwork had no idea about Kingdom Towers documents, floor plans, site sruvey, etc. have been revealed. She stated she couldn't wait to see the floor plans. Now that is evidence that, at least some of the time, we Disboard members are more informed than our guides!
 
I don't think that buying AKV resale is that great a deal right now. Unless you are able to get a small add on at resale. The price difference will not be that significant. The closing costs might be higher with resale. You will also have to wait longer for your points.

If you buy direct from DVC, you will receive your points as soon as you pay your deposit. If it is an add on, there are no closing costs. If it is an initial buy in, there are incentives that will get the price down to resale level.

That's exactly why I bought this past weekend. :goodvibes
 
I made the drive to DTD today. I was already going to add on with my normal guide at WDW when I read about the DTD deal (2 free AP) on the Disboards. Now, I live in St. Louis, so it is only a 4 1/2 hour drive each way. Well worth it for a value of abround $800. Documentation state you will recieve your 2 AP vouchers no later than 30 days from closing. I also recieved a large gift bag full of other DTD stuff including Mickey ear hats, duffle bags, luggage tags, ice scapers, fridge magnets, buttons, new hard backed Dream book, some H2O products, and some sort of door knob hanger thing with pockets and a hook on it. In another bit of non related news, The guide that did my paperwork had no idea about Kingdom Towers documents, floor plans, site sruvey, etc. have been revealed. She stated she couldn't wait to see the floor plans. Now that is evidence that, at least some of the time, we Disboard members are more informed than our guides!

Boy you made out...sounds like it might be worth an inexpensive plane ticket to go and get an addon(even from ALB...). Anyone know if this offer has been extended?
 
Well, I think that is "negotiable".

Everything in real estate is negotiable and though the official word and/or what you were told is that Disney does not negotiate, I am sure that if the issue is pushed your guide can make it happen that the $300 closing cost is waived. No sane seller will walk away from a $15,000 to $20,000 transaction plus all the future money that will be spent at Disney due to a $300 "cost" which was not charged in the past. I personally don't think sales are booming to the point of them willing to walk away for a piddly $300 if that is the only thing between them and selling a membership on 160 or more points.

Think - $300 over the 40 to 50 year time of the contract - we're talking $6 to $7 a year - they are surely going to recoup that much and plenty more from you.

Yes, but now add up all the staff time that will be taken up once the first person gets out of paying these closing costs -all the screaming members who did pay it and then read on the internet that someone got an exemption. Which would make more sense from Disney's standpoint - one person leaving 15K on the table or thousands of new members paying the $300 as a non-negotiable cost of purchasing?

I do not think Disney will budge on those closing costs, sorry.
 
Well, I think that is "negotiable".

Everything in real estate is negotiable and though the official word and/or what you were told is that Disney does not negotiate, I am sure that if the issue is pushed your guide can make it happen that the $300 closing cost is waived. No sane seller will walk away from a $15,000 to $20,000 transaction plus all the future money that will be spent at Disney due to a $300 "cost" which was not charged in the past. I personally don't think sales are booming to the point of them willing to walk away for a piddly $300 if that is the only thing between them and selling a membership on 160 or more points.

Think - $300 over the 40 to 50 year time of the contract - we're talking $6 to $7 a year - they are surely going to recoup that much and plenty more from you.

Give it a try and let us know what happens.

From anecdotal experience..from every report I've read on these boards (and some of them include what I would consider "big ticket" initial buy ins)...from everything I've heard from current and former guides...it is non-negotiable now.

Just like the incentives are the incentives, based on the location you buy in (WDW, DL, DTD). You'd think THAT would be easier to negotiate than waving $300 worth of fees, considering you'd simply be asking for a deal already offered by the company, simply in a different locale. Yet, they don't budge.

Your 15k, in relation to their total gross for the month, never mind the year, is a paltry figure. I think DVC has proven, based on their bottom line, that if you're going to walk away from a deal over $300, there's another guy in line who won't. They can afford, both financially and from a CS perspective, to play "hardball" over these types of issues. And they do.
 
I made the drive to DTD today. I was already going to add on with my normal guide at WDW when I read about the DTD deal (2 free AP) on the Disboards. Now, I live in St. Louis, so it is only a 4 1/2 hour drive each way. Well worth it for a value of abround $800. Documentation state you will recieve your 2 AP vouchers no later than 30 days from closing. I also recieved a large gift bag full of other DTD stuff including Mickey ear hats, duffle bags, luggage tags, ice scapers, fridge magnets, buttons, new hard backed Dream book, some H2O products, and some sort of door knob hanger thing with pockets and a hook on it. In another bit of non related news, The guide that did my paperwork had no idea about Kingdom Towers documents, floor plans, site sruvey, etc. have been revealed. She stated she couldn't wait to see the floor plans. Now that is evidence that, at least some of the time, we Disboard members are more informed than our guides!

I've been trying to figure out what the heck the door hanger thingy is for haha!
 
...You make your own deal. It is a real estate transaction. You're welcome to believe what you like, I disagree with it. Simple as that. No sense arguing it.
Technically you're correct, you can negotiate a better deal. But realistically, how much of that extra ice cream are you really going to eat?
 
If we were first buying in to DVC as new members I would, however we aren't in that situation.

Really? What is DVC's bottom line? And, there isn't another guy in line or every DVC property would be sold out, no marketing would be necessary, and no incentives of any sort would be necessary. DVC counts on folks like you with that kind of mindset.

Actually, considering the market, such anecdotal talk of playing hardball, and everything else you mention means very little right now. Just like home builders said for the better part of two years that they were doing fine and had their way with buyers, and there was no slowdown coming, each and every one of them is now teetering on financial ruin, they are slashing prices all over the place because of the inventory they're carrying and buyers are having their way with them. I assure you, Disney/DVC is holding a lot of low-quality loans, and we are in a recession. DVC sales are not as strong as you'd like to believe. But again, Disney/DVC is very happy you think this way - it's all about perception, and you are doing a fine job of guzzling the Kool-Aid.

On the contrary, I understand the market better than most...

You can negotiate when you are in some position of "power". When you have some ground to negotiate FROM.

With DVC purchases, the fact is: You don't. Disney holds all the cards. Period. End of story.

They don't want to sell to YOU, specifically, as badly as YOU, specifically, want to buy in. Their list of prospects is such, and their marketing is such, they don't need to be as concerned with a single buyer at this point. Again, you can disagree...but looking at what we have to go on, it seems a tenuous, unfounded position.

At present, this is nothing like the housing market you compare to, where supply and demand is VASTLY different, as are the mechanics of the sale (a buyer selling to a buyer, or a builder selling to a buyer). Sales are seemingly brisk enough that they don't have to make any concessions to an individual...else they would. They're also seemingly brisk enough to start construction on 2 confirmed (GCV and Hawaii), and one basically confirmed (KT or CRV..your pick of name), new project. The incentives they're offering to the group are "enough", from their standpoint, to propel sales and keep margins where they're comfortable. Maybe, in the future, if the economy really hits the skids and sales slow down to the point of actually having an effect on their contribution margin and ROIC (which, at each stockholders meeting, looks more and more robust), that will change. So far, it hasn't. So what's the benefit to Disney in negotiation?

You can point to the "horde" mentality all you want, but the truth is that the mass market is propelling sales enough so that any individual trying to "break away" from the mass market and make their own deal are few enough, and far enough in between, that DVC/DVD can simply ignore them. Simple as that.

You can disagree all you want, but the reality is: They don't haggle. They just don't. In principle, they might be ABLE to. As I said: You try it. Buy in with a new master contract....you certainly have that within your rights whether you're a current DVC owner or not...and try to haggle a better deal. Let us know how it goes.

While you can argue theory, I can point to reality and history. Feel free to disagree...more power to you...but I think my "opinion" seems better founded at this point.

As for Disney holding lots of sub-prime loans....while it may technically be true, I have news for you: They're practically no risk loans. "Repossession" is VERY simple, as it involves no physical property, they can resell the points they repossess almost instantly..and you can't use the points if you're in arrears on your payments or dues. Where's the risk?
 
If we were first buying in to DVC as new members I would, however we aren't in that situation.



Really? What is DVC's bottom line? And, there isn't another guy in line or every DVC property would be sold out, no marketing would be necessary, and no incentives of any sort would be necessary. DVC counts on folks like you with that kind of mindset.

Actually, considering the market, such anecdotal talk of playing hardball, and everything else you mention means very little right now. Just like home builders said for the better part of two years that they were doing fine and had their way with buyers, and there was no slowdown coming, each and every one of them is now teetering on financial ruin, they are slashing prices all over the place because of the inventory they're carrying and buyers are having their way with them. I assure you, Disney/DVC is holding a lot of low-quality loans, and we are in a recession. DVC sales are not as strong as you'd like to believe. But again, Disney/DVC is very happy you think this way - it's all about perception, and you are doing a fine job of guzzling the Kool-Aid.

I have to side here with risinj. Now I know you can't compare timeshares to housing, but there are some similarities. Right now, its all about inventory and sales. Once the new units go up for sale, maintenance fees become a factor. Disney is going to want to push those units in some form or fashion. While they may not come down on the price per point, there will be heavy incentives (free park passes, $10 pt. reduction for a limited time period, etc.) If prospective buyers start asking for some perks, and walk away if they don't get them, I think you will see Disney give in. Right now, its all about the buyer, just like in housing. Remember, the buyers don't have to buy....they are not going to live in DVC. And those resales......if people start selling low to get rid of them, and buyers are looking for the deals, they will bite, and thus Disney gets them back at ROFR. So now this comes into play......there are those maintenance fees even if Disney takes them back. They will not want to have these on top of new sales. Should be very interesting to see how this all plays out.
 
I have to side here with risinj. Now I know you can't compare timeshares to housing, but there are some similarities. Right now, its all about inventory and sales. Once the new units go up for sale, maintenance fees become a factor. Disney is going to want to push those units in some form or fashion. While they may not come down on the price per point, there will be heavy incentives (free park passes, $10 pt. reduction for a limited time period, etc.) If prospective buyers start asking for some perks, and walk away if they don't get them, I think you will see Disney give in. Right now, its all about the buyer, just like in housing. Remember, the buyers don't have to buy....they are not going to live in DVC. And those resales......if people start selling low to get rid of them, and buyers are looking for the deals, they will bite, and thus Disney gets them back at ROFR. So now this comes into play......there are those maintenance fees even if Disney takes them back. They will not want to have these on top of new sales. Should be very interesting to see how this all plays out.

Yes, IF, IF, IF.

But right now, all of the above is speculation, right?

RIGHT NOW...haggling will get you nowhere fast. Because the mass market buyer pool seem to be robust enough that they don't need to cater to the individuals who might walk away. Those walking away aren't, yet, enough of a factor to warrant them changing their policy.

I understand all the justifications above, and all the factors in play. But, from what we've seen, and what we know, so far...none of it has effected DVC/DVD enough to compel them to take the tactics you're speculating they might. Right?

If you want to argue that someday, maybe, DVC/DVD will have to make, and is within their rights to make, deals with the individual that may, or may not, include waiver of the closing fees....I'm right there with you.

If you want to argue that, today, you could convince your guide to make you an individual deal with a better incentive being offered to you than the one going out to the mass market....I disagree, entirely.

Even if/when there comes a point where they feel the need to up the incentives...I think we're a long way from the point that "upping" won't be offered to the mass market, rather than on an individual basis. Why? Because their history suggests that's what they'll do.
 
That makes absolutely no sense. You are suggesting that people who made prior purchases are going to come back and complain about something in their closing? How is that any different than someone making a purchase and then a week or two later DVC offers some new incentive? Do all prior purchasers all of sudden go back and complain that they overpaid or should also get the incentive?

We are in a soft real estate market. Disney/DVC is not immune to what is going on and I can almost guarantee you that sales are not closing like gangbusters otherwise you wouldn't have incentives like developer points, double developer points, and so on. You make your own deal. It is a real estate transaction. You're welcome to believe what you like, I disagree with it. Simple as that. No sense arguing it.

I don't think your comparison is fair. A fixed cost like closing costs, on every new contract, is far different from a limited time incentive program that is clearly designed to be offered for a specific time period and then disappear. I don't think anyone would go back and say they deserved an incentive that had expired two weeks before they purchased - most people know that incentives come and go. But closing costs that have never been reduced or waived for a single buyer are different, and I think if someone did manage to get them waived, all of the other buyers who heard about it would be within their rights to go back and try to get a refund of their closing costs. Just my opinion, of course - it's what I would do in that situation.

It seems to me that DVC sales are strong - I think I recently read that SSR is 90% sold out, and AKV seems to be selling well. As far as the developer points, isn't there some sort of need to offer people something in order to get them to buy units that aren't even available to be booked yet? I thought that was the purpose of the developer points deal, but maybe I'm mistaken. At any rate, I don't think DVC has seen much of a slowdown, if at all. Kingdom Towers will sell out quickly, I believe, and the California porperty is so small I think it will sell well, too. I don't know about Hawaii.

It's fine to disagree - but your opinion isn't any more "right" than mine is.
 
I've been trying to figure out what the heck the door hanger thingy is for haha!

Travel Shower caddy, maybe?

Has what looks like a clothes hanger hook coming out the top?

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