DVC Operator Amendments

[Caribbean_Chrissy]

Looking at rules and regulations, there’s a cause in there that says Disney has the right to amend these rules at their discretion- which may impact your right to use, exchange or rent your ownership…and may impose obligations upon your use and enjoyment…

So is there anything they can’t change?

If they can change how you are allowed to use your points, or if you can even resell, why would anyone risk ownership?

 

[CarolynFH]

We bought because we wanted to visit every year and our family had outgrown a hotel room. It’s been 26+ years, and so far, so good.

Every time I’m presented with a consent to use new software, a new website, have a medical procedure, or many other documents, there’s a clause that indicates I’m taking a risk. I have to decide whether the benefit to me outweighs the risk.

In the case of DVC, it’s a timeshare regulated by the state of Florida. Disney can't prevent me from selling, and there are other state restrictions on the changes Disney can make.

But it all comes down to trust, and that timeshares aren’t for everyone.

 

[AstroBlasters]

Looking at rules and regulations, there’s a cause in there that says Disney has the right to amend these rules at their discretion- which may impact your right to use, exchange or rent your ownership…and may impose obligations upon your use and enjoyment…

So is there anything they can’t change?

If they can change how you are allowed to use your points, or if you can even resell, why would anyone risk ownership?

Because I don’t want to pay cash prices to stay at Aulani, The Grand Californian, The Grand Floridian, and Boardwalk over the next decade+

I also put faith in my fellow members who are attorneys to keep management honest!

 

[Caribbean_Chrissy]

Looking at rules and regulations, there’s a cause in there that says Disney has the right to amend these rules at their discretion- which may impact your right to use, exchange or rent your ownership…and may impose obligations upon your use and enjoyment…

So is there anything they can’t change?

If they can change how you are allowed to use your points, or if you can even resell, why would anyone risk ownership?

We bought because we wanted to visit every year and our family had outgrown a hotel room. It’s been 26+ years, and so far, so good.

Every time I’m presented with a consent to use new software, a new website, have a medical procedure, or many other documents, there’s a clause that indicates I’m taking a risk. I have to decide whether the benefit to me outweighs the risk.

In the case of DVC, it’s a timeshare regulated by the state of Florida. Disney can't prevent me from selling, and there are other state restrictions on the changes Disney can make.

But it all comes down to trust, and that timeshares aren’t for everyone.

Thank you! Very good points, and thank you for letting me know Disney can’t prevent owners from selling. I didn’t realize that.

 

[dontae]

Guess we should always keep in mind that for DVC it is a business. Suppose we might accept that they will always lean to what they consider best for the business, but also need to respect the fact that they also have to keep the customers (DVC owners) happy.

One of the main things they will do in that regard is place restrictions on resale in order to create what might be considered a premium value on direct. I'm a resale owner, but have been solicited by DVC for a direct purchase. To this date I have not responded to a solicitation, but suppose that if I do I'd want to ask the sales person about the future value of the direct purchase. Why do they think it is in their favor to take restrictive actions against a direct owner should their family situation create a need to sell their direct DVC? That is certainly not in the favor of the direct owner. Their restriction action immediately devalues the direct ownership.

And please understand, I know all this is a balancing act. As a resale owner I was able to take advantage of their actions to devalue the resale purchase, but then must suffer the consequences of the cold shoulder, or elbow to the ribs, if I try to take advantage of certain DVC benefits. Must accept that in the DVC family a resale owner will still get the happy welcome home greeting, but face the cold shoulder in other ways (i.e. a resale home is not equal to a direct home). Must accept that as a resale owner you are actually 2nd class member of the family. If you can accept that, then there are financial benefits to becoming a 2nd class member.

 

[DonkeyHoTay]

As a resale owner I was able to take advantage of their actions to devalue the resale purchase, but then must suffer the consequences of the cold shoulder, or elbow to the ribs, if I try to take advantage of certain DVC benefits. Must accept that in the DVC family a resale owner will still get the happy welcome home greeting, but face the cold shoulder in other ways (i.e. a resale home is not equal to a direct home). Must accept that as a resale owner you are actually 2nd class member of the family. If you can accept that, then there are financial benefits to becoming a 2nd class member.

It is a common refrain that resale owners are 2nd class. As with most things, it comes down to perspective on what an individual really wants or needs out of DVC membership. Personally, I still day dream about buying some BCV resale contracts.

 

[DVC Gma]

If you are DVC, but not a DVC-Y will scanning the magic band turn purple showing you are DVC? Just thinking of what is missing on resale. The simple things..

 

[tx911]

If you are DVC, but not a DVC-Y will scanning the magic band turn purple showing you are DVC? Just thinking of what is missing on resale. The simple things..

I love it when it does that! And says “welcome home” in Mickey’s voice

 

[dontae]

It is a common refrain that resale owners are 2nd class. As with most things, it comes down to perspective on what an individual really wants or needs out of DVC membership. Personally, I still day dream about buying some BCV resale contracts.

No doubt resale has value for those of us that enjoy an occasional visit to the resort properties. That is why I purchased resale. And apparently DVC management has decided it is in their long term best interest to create the differences between a "direct" membership and a "resale" membership. Thus the 2nd class analogy. Since I don't have a seat at the management table I do not get to listen into their discussions/debates about their restrictions strategy. But it does seem to me that there might be value in removing the restrictions. Logically doing so would increase the value of "resale" values and thus put some limits on the deals that resale buyers might get. Good for owners, bad for potential buyers that might hope to get deals on restricted (limited) contracts.

But from a DVC management perspective, would that move to increase the value of "resale" contracts raise the value of the DVC brand across the board? That is, increase the value of direct sales as well, thus requiring less discounting to move direct sales. From that point of few you would simply be valuing a DVC timeshare vs other timeshares on the market.

Thinking logically, these type of debates have already occurred at the management table and we are currently in the environment that came from the ultimate decisions after that debate.

 

[CastAStone]

If you are DVC, but not a DVC-Y will scanning the magic band turn purple showing you are DVC? Just thinking of what is missing on resale. The simple things..

Mine doesn’t. Some people have reported theirs do so I think it’s hit or miss.

 

[dontae]

Mine doesn’t. Some people have reported theirs do so I think it’s hit or miss.

Mine doesn't either. Maybe I need clarify from my original post where I said I get a welcome home. That welcome home I get is a verbal welcome when I check in at the resort. That welcome home has nothing to do with what type of owner I am.

 

[lilsonicfan]

Mine doesn't either. Maybe I need clarify from my original post where I said I get a welcome home. That welcome home I get is a verbal welcome when I check in at the resort. That welcome home has nothing to do with what type of owner I am.

Nor should it since as a resale owner you are still paying the dues that makes you an owner.

I can sort of understand how DVC justifies the second class thing by saying that us resale owners aren’t contributing to the marketing budget … but of course the direct owner I bought my contract from, who wasn’t even using their points fully, wasn’t actively contributing to the marketing budget either.

Anyway, it’s a tactic that causes ppl to desire direct points while also ensuring DVC doesn’t have to shell out money to buy back every contract under ROFR.

 

[Caribbean_Chrissy]

Guess we should always keep in mind that for DVC it is a business. Suppose we might accept that they will always lean to what they consider best for the business, but also need to respect the fact that they also have to keep the customers (DVC owners) happy.

One of the main things they will do in that regard is place restrictions on resale in order to create what might be considered a premium value on direct. I'm a resale owner, but have been solicited by DVC for a direct purchase. To this date I have not responded to a solicitation, but suppose that if I do I'd want to ask the sales person about the future value of the direct purchase. Why do they think it is in their favor to take restrictive actions against a direct owner should their family situation create a need to sell their direct DVC? That is certainly not in the favor of the direct owner. Their restriction action immediately devalues the direct ownership.

And please understand, I know all this is a balancing act. As a resale owner I was able to take advantage of their actions to devalue the resale purchase, but then must suffer the consequences of the cold shoulder, or elbow to the ribs, if I try to take advantage of certain DVC benefits. Must accept that in the DVC family a resale owner will still get the happy welcome home greeting, but face the cold shoulder in other ways (i.e. a resale home is not equal to a direct home). Must accept that as a resale owner you are actually 2nd class member of the family. If you can accept that, then there are financial benefits to becoming a 2nd class member.

This is so true! These resale penalties have to be hurting Riviera direct sales. I’ve got 5 options floating around in my head for first-time DVC purchase and I’m very hesitant to buy something that loses that much value upon selling.

As for what Disney has the right to do by amending rules, I think I’m most worried they could take away your ability to use them at other resorts that aren’t your home resort.

 

[DVC Gma]

Mine doesn't either. Maybe I need clarify from my original post where I said I get a welcome home. That welcome home I get is a verbal welcome when I check in at the resort. That welcome home has nothing to do with what type of owner I am.

Sorry, I knew what you meant. I was wondering, what was cut out to have the second class citizen term referred to in posts.

 

[Chili327]

This is so true! These resale penalties have to be hurting Riviera direct sales. I’ve got 5 options floating around in my head for first-time DVC purchase and I’m very hesitant to buy something that loses that much value upon selling.

As for what Disney has the right to do by amending rules, I think I’m most worried they could take away your ability to use them at other resorts that aren’t your home resort.

Would not affect anything you already own.

 

[kmill99]

This may be a little over the top.. but I found a work around to getting everyone in your family the purple ring (if they are all on the DVC membership).

I made everyone their own Disney Experience account and DVC account. I had to call member services and get an activation code because they hadn’t set theirs up yet. Then I went into the Disney Experience app > My Profile > Memberships & Passes and linked everyone’s memberships.

For my family, I’m the one who books everything so I still needed to have access to their plans. For that I went to My Profile > Family and Friends and added them. They’ll get an email to accept your invitation. After that you’re all set up and everyone will have the purple ring. I hope this helps everyone!

This helped me!

 

[dontae]

Sorry, I knew what you meant. I was wondering, what was cut out to have the second class citizen term referred to in posts.

Oh, I see what you mean. For example, there are lounges in the parks that are identified for DVC Members. Yet a DVC member that did not buy their membership directly from Disney is not welcome in those lounges.

 

[DonkeyHoTay]

But from a DVC management perspective, would that move to increase the value of "resale" contracts raise the value of the DVC brand across the board? That is, increase the value of direct sales as well, thus requiring less discounting to move direct sales. From that point of few you would simply be valuing a DVC timeshare vs other timeshares on the market.

Thinking logically, these type of debates have already occurred at the management table and we are currently in the environment that came from the ultimate decisions after that debate.

No doubt DVD has already concluded what is best for their business model, and that's what we're living with right now. My view on resale, especially because I came close to owning a lot of resale points, is that for a buyer that is focused on just the O13 resorts - the resale market and its discount vs direct makes all those buyers 1st class owners with 1st class deals.

 

[StarCruzer]

Honestly, resale v direct is a personal decision. We're a military family and get plenty of discounts between that + the Disney Chase Visa. Some people buy direct because they want the perks, but other times it's more about status. And if it isn't a financial burden to your family, I don't see an issue with that! If we had the money to throw around we would have done direct. If we win the lottery in the future, we'd definitely go hard for points at Copper Creek!

 

[dontae]

Honestly, resale v direct is a personal decision. We're a military family and get plenty of discounts between that + the Disney Chase Visa. Some people buy direct because they want the perks, but other times it's more about status. And if it isn't a financial burden to your family, I don't see an issue with that! If we had the money to throw around we would have done direct. If we win the lottery in the future, we'd definitely go hard for points at Copper Creek!

Ha Ha ... I hear you about the "money to throw around." Same here. I'm grateful for the deals available in the resale market.