DVCNews September 2024 sales information

[maui22]

10/15/24 deeds
104 for 13,477 points
That's an average of 129.58653 points/deed.
Range was 25-426 points.
3 Favorite week deeds.

Units 88A, 88D, and 88E.

	DOC#	Recorded Date	Palm Tree Date	Unit	UY	Points	% of Unit
1	20240585844	10/15/24	10/1/24	88D	Apr	85	0.2181%
2	20240585845	10/15/24	10/1/24	88D	Dec	75	0.1924%
3	20240585847	10/15/24	10/1/24	88D	Dec	150	0.3848%
4	20240585852	10/15/24	10/1/24	88E	Dec	50	0.0529%
5	20240585854	10/15/24	10/1/24	88D	Dec	100	0.2565%
6	20240585855	10/15/24	10/1/24	88D	Aug	75	0.1924%
7	20240585856	10/15/24	10/1/24	88D	Aug	200	0.5131%
8	20240585861	10/15/24	10/1/24	88D	Jun	100	0.2565%
9	20240585862	10/15/24	10/1/24	88A	Mar	150	0.0979%
10	20240585863	10/15/24	10/1/24	88D	Mar	200	0.5131%
11	20240585864	10/15/24	10/1/24	88D	Mar	31	0.0795%
12	20240585866	10/15/24	10/1/24	88D	Aug	150	0.3848%
13	20240585874	10/15/24	10/1/24	88A	Dec	50	0.0326%
14	20240585876	10/15/24	10/1/24	88D	Dec	50	0.1283%
15	20240585878	10/15/24	10/1/24	88D	Aug	25	0.0641%
16	20240585886	10/15/24	10/1/24	88D	Feb	150	0.3848%
17	20240585892	10/15/24	10/1/24	88E	Aug	100	0.1057%
18	20240585899	10/15/24	10/1/24	88D	Dec	150	0.3848%
19	20240585904	10/15/24	10/1/24	88D	Apr	80	0.2052%
20	20240585906	10/15/24	10/1/24	88D	Jun	30	0.0770%
21	20240585911	10/15/24	10/1/24	88D	Dec	260	0.6670%
22	20240585913	10/15/24	10/1/24	88D	Mar	200	0.5131%
23	20240585914	10/15/24	10/1/24	88D	Jun	200	0.5131%
24	20240585916	10/15/24	10/1/24	88D	Aug	200	0.5131%
25	20240585919	10/15/24	10/1/24	88D	Apr	100	0.2565%
26	20240585923	10/15/24	10/1/24	88D	Dec	150	0.3848%
27	20240585925	10/15/24	10/1/24	88D	Dec	250	0.6414%
28	20240585931	10/15/24	10/1/24	88D	Dec	200	0.5131%
29	20240585933	10/15/24	10/1/24	88D	Feb	320	0.8210%
30	20240585941	10/15/24	10/1/24	88A	Feb	100	0.0653%
31	20240585944	10/15/24	10/1/24	88D	Mar	200	0.5131%
32	20240585946	10/15/24	10/1/24	88D	Feb	60	0.1539%
33	20240585948	10/15/24	10/1/24	88D	Dec	150	0.3848%
34	20240585952	10/15/24	10/1/24	88A	Feb	200	0.1305%
35	20240585959	10/15/24	10/1/24	88D	Aug	100	0.2565%
36	20240585964	10/15/24	10/1/24	88D	Mar	75	0.1924%
37	20240585978	10/15/24	10/1/24	88D	Dec	100	0.2565%
38	20240585989	10/15/24	10/1/24	88D	Apr	63	0.1616%
39	20240585999	10/15/24	10/1/24	88D	Apr	63	0.1616%
40	20240586003	10/15/24	10/1/24	88D	Apr	63	0.1616%
41	20240586006	10/15/24	10/1/24	88E	Dec	50	0.0529%
42	20240586008	10/15/24	10/1/24	88D	Apr	63	0.1616%
43	20240586027	10/15/24	10/1/24	88D	Dec	250	0.6414%
44	20240586055	10/15/24	10/1/24	88D	Apr	75	0.1924%
45	20240586070	10/15/24	10/1/24	88D	Apr	50	0.1283%
46	20240586449	10/15/24	10/2/24	88E	Aug	200	0.2115%
47	20240586457	10/15/24	10/2/24	88E	Dec	150	0.1586%
48	20240586458	10/15/24	10/2/24	88E	Dec	150	0.1586%
49	20240586478	10/15/24	10/2/24	88E	Sep	50	0.0529%
50	20240586498	10/15/24	10/2/24	88E	Dec	150	0.1586%
51	20240586526	10/15/24	10/2/24	88E	Aug	150	0.1586%
52	20240586529	10/15/24	10/2/24	88E	Sep	50	0.0529%
53	20240586641	10/15/24	10/2/24	88E	Dec	150	0.1586%
54	20240586659	10/15/24	10/2/24	88D	Mar	160	0.4105%
55	20240586661	10/15/24	10/2/24	88D	Dec	60	0.1539%
56	20240586686	10/15/24	10/2/24	88E	Dec	100	0.1057%
57	20240586688	10/15/24	10/1/24	88E	Dec	100	0.1057%
58	20240586693	10/15/24	10/2/24	88D	Jun	300	0.7696%
59	20240586694	10/15/24	10/2/24	88D	Feb	50	0.1283%
60	20240586696	10/15/24	10/2/24	88E	Feb	150	0.1586%
61	20240586706	10/15/24	10/2/24	88D	Dec	100	0.2565%
62	20240586712	10/15/24	10/2/24	88D	Dec	100	0.2565%
63	20240586753	10/15/24	10/2/24	88E	Feb	100	0.1057%
64	20240586791	10/15/24	10/2/24	88D	Jun	200	0.5131%
65	20240586805	10/15/24	10/2/24	88A	Mar	200	0.1305%
66	20240586815	10/15/24	10/2/24	88E	Sep	170	0.1797%
67	20240586835	10/15/24	10/2/24	88D	Aug	50	0.1283%
68	20240586843	10/15/24	10/2/24	88E	Dec	100	0.1057%
69	20240586853	10/15/24	10/2/24	88D	Sep	150	0.3848%
70	20240586855	10/15/24	10/2/24	88D	Feb	125	0.3207%
71	20240586880	10/15/24	10/2/24	88D	Oct	50	0.0529%
72	20240586894	10/15/24	10/2/24	88E	Apr	50	0.0529%
73	20240586896	10/15/24	10/2/24	88D	Dec	50	0.1283%
74	20240586900	10/15/24	10/2/24	88E	Feb	100	0.1057%
75	20240586914	10/15/24	10/2/24	88D (FW 50 Tower Studio SV)	Feb	153	0.3925%
76	20240586915	10/15/24	10/2/24	88E	Mar	250	0.2643%
77	20240586922	10/15/24	10/1/24	88D	Feb	85	0.2181%
78	20240586945	10/15/24	10/2/24	88E	Dec	200	0.2115%
79	20240586961	10/15/24	10/2/24	88D	Dec	220	0.5644%
80	20240586981	10/15/24	10/2/24	88E	Apr	100	0.1057%
81	20240586984	10/15/24	10/2/24	88E (FW 18 Tower Studio SV)	Mar	150	0.1586%
82	20240587000	10/15/24	10/2/24	88E	Jun	50	0.0529%
83	20240587007	10/15/24	10/1/24	88A (FW 50 1BR TPV)	Apr	426	0.2780%
84	20240587009	10/15/24	10/1/24	88E	Dec	100	0.1057%
85	20240587012	10/15/24	10/2/24	88E	Sep	150	0.1586%
86	20240587016	10/15/24	10/2/24	88D	Jun	100	0.2565%
87	20240587032	10/15/24	10/2/24	88E	Oct	150	0.1586%
88	20240587034	10/15/24	10/2/24	88D	Dec	150	0.3848%
89	20240587050	10/15/24	10/2/24	88E	Oct	200	0.2115%
90	20240587080	10/15/24	10/2/24	88E	Dec	150	0.1586%
91	20240587109	10/15/24	10/2/24	88D	Jun	100	0.2565%
92	20240587165	10/15/24	10/2/24	88E	Feb	250	0.2643%
93	20240587228	10/15/24	10/1/24	88D	Apr	100	0.2565%
94	20240587273	10/15/24	10/2/24	88E	Apr	100	0.1057%
95	20240587297	10/15/24	10/2/24	88D	Aug	100	0.2565%
96	20240587301	10/15/24	10/2/24	88E	Feb	100	0.1057%
97	20240587346	10/15/24	10/2/24	88E	Mar	75	0.0793%
98	20240587369	10/15/24	10/2/24	88E	Feb	150	0.1586%
99	20240587388	10/15/24	10/2/24	88E	Dec	300	0.3172%
100	20240587397	10/15/24	10/1/24	88D	Mar	150	0.3848%
101	20240587401	10/15/24	10/2/24	88E	Aug	150	0.1586%
102	20240587463	10/15/24	10/2/24	88E	Apr	50	0.0529%
103	20240587466	10/15/24	10/2/24	88E	Feb	60	0.0634%
104	20240587483	10/15/24	10/1/24	88D	Aug	100	0.2565%

 

[Genie+]

20240585989 10/15/24 10/1/24 88D Apr 63 0.1616%
20240585999 10/15/24 10/1/24 88D Apr 63 0.1616%
20240585999 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586003 10/15/24 10/1/24 88D Apr 63 0.1616%

Duplicate number in the middle? Thanks for posting. interesting to see what contract sizes people are going for.

 

[maui22]

Duplicate number in the middle? Thanks for posting. interesting to see what contract sizes people are going for.

Thanks, corrected in the original post.

Also found the document I missed when counting them backwards and added it to the original post.

 

[ehh]

Already seeing another 42 PVB contracts on the county site today. (At least according to the Legal Description in the search). That's 146 in the first 2 days of county comptroller recording them.

I think Disney may be happy with what they are seeing for PVB so far. Whether it holds up, only time will tell.

Watching sales over the years, I like to think DVC sales follow the markets. Sept 25, 2022 SP500 closed at 3585 and today presently today it's at 5842. That's a 63% return. If history is a guide market profits drive sales at least through the end of the year.

For comparison, VDH's first 5 days were:

• 51
• 98 (149 total)
• 95 (244 total)
• 140 (384 total)
• 73 (457 total)

These were a Monday - Friday, so no pent-up recordings due to weekends as VDH contracts aren't recorded on weekends or holidays.

May 30th, 2024, the Tuesday after Memorial Day (and 15 days after deeds started being recorded on 5/15/2024) was VDH's peak: 184 contracts recorded in a single day. At that point, 1,101 contracts had been recorded total.

 

[ehh]

Some fun information from just a 42 of the 104 of the PVB deeds that were documented on 10/15/24 (first day deeds showed up on the country website). I may have made some typos or missed some things, but this gives a pretty good idea of the range.

Interesting to see 3 Units were used on the first day. Unit 88A is larger than unit 88D and 88E.


Edit: attempting to make it more readable

DOC#	Recorded Date	Palm Tree Date	Unit	UY	Points	% of Unit
20240585844	10/15/24	10/1/24	88D	Apr	85	0.2181%
20240585845	10/15/24	10/1/24	88D	Dec	75
20240585847	10/15/24	10/1/24	88D	Dec	150
20240585852	10/15/24	10/1/24	88E	Dec	50
20240585854	10/15/24	10/1/24	88D	Dec	100
20240585855	10/15/24	10/1/24	88D	Aug	75
20240585856	10/15/24	10/1/24	88D	Aug	200	0.5131%
20240585861	10/15/24	10/1/24	88D	Jun	100	0.2565%
20240585862	10/15/24	10/1/24	88A	Mar	150	0.0979%
20240585863	10/15/24	10/1/24	88D	Mar	200	0.5131%
20240585864	10/15/24	10/1/24	88D	Mar	31	0.0795%
20240585866	10/15/24	10/1/24	88D	Aug	150	0.3848%
20240585874	10/15/24	10/1/24	88A	Dec	50	0.0326%
20240585876	10/15/24	10/1/24	88D	Dec	50	0.1283%
20240585878	10/15/24	10/1/24	88D	Aug	25	0.0641%
20240585886	10/15/24	10/1/24	88D	Feb	150	0.3848%
20240585892	10/15/24	10/1/24	88E	Aug	100	0.1057%
20240585899	10/15/24	10/1/24	88D	Dec	150	0.3848%
20240585904	10/15/24	10/1/24	88D	Apr	80	0.2052%
20240585906	10/15/24	10/1/24	88D	Jun	30	0.0770%
20240585911	10/15/24	10/1/24	88D	Dec	260	0.6670%
20240585913	10/15/24	10/1/24	88D	Mar	200	0.5131%
20240585914	10/15/24	10/1/24	88D	Jun	200	0.5131%
20240585916	10/15/24	10/1/24	88D	Aug	200	0.5131%
20240585919	10/15/24	10/1/24	88D	Apr	100	0.2565%
20240585923	10/15/24	10/1/24	88D	Dec	150	0.3848%
20240585925	10/15/24	10/1/24	88D	Dec	250	0.6414%
20240585931	10/15/24	10/1/24	88D	Dec	200	0.5131%
20240585933	10/15/24	10/1/24	88D	Feb	320	0.8210%
20240585941	10/15/24	10/1/24	88A	Feb	100	0.0653%
20240585946	10/15/24	10/1/24	88D	Feb	60	0.1539%
20240585948	10/15/24	10/1/24	88D	Dec	150	0.3848%
20240585952	10/15/24	10/1/24	88A	Feb	200	0.1305%
20240585959	10/15/24	10/1/24	88D	Aug	100	0.2565%
20240585964	10/15/24	10/1/24	88D	Mar	75	0.1924%
20240585978	10/15/24	10/1/24	88D	Dec	100	0.2565%
20240585989	10/15/24	10/1/24	88D	Apr	63	0.1616%
20240585999	10/15/24	10/1/24	88D	Apr	63	0.1616%
20240586003	10/15/24	10/1/24	88D	Apr	63	0.1616%
20240586006	10/15/24	10/1/24	88E	Dec	50	0.0529%
20240586008	10/15/24	10/1/24	88D	Apr	63	0.1616%
20240586027	10/15/24	10/1/24	88D	Dec	250	0.6414%

This was my original information. I may have made mistakes copying and pasting to the chart. Also may have misread the deeds, but it should be very close to accurate.

DOC# Recorded Date Palm Tree Date Unit UY Points % of unit
20240585844 10/15/24 10/1/24 88D Apr 85 0.2181%
20240585845 10/15/24 10/1/24 88D Dec 75
20240585847 10/15/24 10/1/24 88D Dec 150
20240585852 10/15/24 10/1/24 88E Dec 50
20240585854 10/15/24 10/1/24 88D Dec 100
20240585855 10/15/24 10/1/24 88D Aug 75
20240585856 10/15/24 10/1/24 88D Aug 200 0.5131%
20240585861 10/15/24 10/1/24 88D Jun 100 0.2565%
20240585862 10/15/24 10/1/24 88A Mar 150 0.0979%
20240585863 10/15/24 10/1/24 88D Mar 200 0.5131%
20240585864 10/15/24 10/1/24 88D Mar 31 0.0795%
20240585866 10/15/24 10/1/24 88D Aug 150 0.3848%
20240585874 10/15/24 10/1/24 88A Dec 50 0.0326%
20240585876 10/15/24 10/1/24 88D Dec 50 0.1283%
20240585878 10/15/24 10/1/24 88D Aug 25 0.0641%
20240585886 10/15/24 10/1/24 88D Feb 150 0.3848%
20240585892 10/15/24 10/1/24 88E Aug 100 0.1057%
20240585899 10/15/24 10/1/24 88D Dec 150 0.3848%
20240585904 10/15/24 10/1/24 88D Apr 80 0.2052%
20240585906 10/15/24 10/1/24 88D Jun 30 0.0770%
20240585911 10/15/24 10/1/24 88D Dec 260 0.6670%
20240585913 10/15/24 10/1/24 88D Mar 200 0.5131%
20240585914 10/15/24 10/1/24 88D Jun 200 0.5131%
20240585916 10/15/24 10/1/24 88D Aug 200 0.5131%
20240585919 10/15/24 10/1/24 88D Apr 100 0.2565%
20240585923 10/15/24 10/1/24 88D Dec 150 0.3848%
20240585925 10/15/24 10/1/24 88D Dec 250 0.6414%
20240585931 10/15/24 10/1/24 88D Dec 200 0.5131%
20240585933 10/15/24 10/1/24 88D Feb 320 0.8210%
20240585941 10/15/24 10/1/24 88A Feb 100 0.0653%
20240585946 10/15/24 10/1/24 88D Feb 60 0.1539%
20240585948 10/15/24 10/1/24 88D Dec 150 0.3848%
20240585952 10/15/24 10/1/24 88A Feb 200 0.1305%
20240585959 10/15/24 10/1/24 88D Aug 100 0.2565%
20240585964 10/15/24 10/1/24 88D Mar 75 0.1924%
20240585978 10/15/24 10/1/24 88D Dec 100 0.2565%
20240585989 10/15/24 10/1/24 88D Apr 63 0.1616%
20240585999 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586003 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586006 10/15/24 10/1/24 88E Dec 50 0.0529%
20240586008 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586027 10/15/24 10/1/24 88D Dec 250 0.6414%

For comparison, the first 42 contracts from VDH:

• VDH had slightly smaller average contract size
  • 115.8pt vs. 124.2pt
• VDH had smaller median contract size
  • 90pt vs. 100pt
• VDH had smaller max contract size
  • 300pt vs. 320pt
• VDH had larger minimum contract size
  • 50pt vs. 25pt
• VDH also had contracts from 3 different Units sold
  • 1B, 1C, 1H vs. 88A, 88D, 88E

 

[disneylandtour]

Some fun information from just a 44 of the 104 of the PVB deeds that were documented on 10/15/24 (first day deeds showed up on the country website).


DOC# Recorded Date Palm Tree Date Unit UY Points % of unit
20240585844 10/15/24 10/1/24 88D Apr 85 0.2181%
20240585845 10/15/24 10/1/24 88D Dec 75
20240585847 10/15/24 10/1/24 88D Dec 150
20240585852 10/15/24 10/1/24 88E Dec 50
20240585854 10/15/24 10/1/24 88D Dec 100
20240585855 10/15/24 10/1/24 88D Aug 75
20240585856 10/15/24 10/1/24 88D Aug 200 0.5131%
20240585861 10/15/24 10/1/24 88D Jun 100 0.2565%
20240585862 10/15/24 10/1/24 88A Mar 150 0.0979%
20240585863 10/15/24 10/1/24 88D Mar 200 0.5131%
20240585864 10/15/24 10/1/24 88D Mar 31 0.0795%
20240585866 10/15/24 10/1/24 88D Aug 150 0.3848%
20240585874 10/15/24 10/1/24 88A Dec 50 0.0326%
20240585876 10/15/24 10/1/24 88D Dec 50 0.1283%
20240585878 10/15/24 10/1/24 88D Aug 25 0.0641%
20240585886 10/15/24 10/1/24 88D Feb 150 0.3848%
20240585892 10/15/24 10/1/24 88E Aug 100 0.1057%
20240585899 10/15/24 10/1/24 88D Dec 150 0.3848%
20240585904 10/15/24 10/1/24 88D Apr 80 0.2052%
20240585906 10/15/24 10/1/24 88D Jun 30 0.0770%
20240585911 10/15/24 10/1/24 88D Dec 260 0.6670%
20240585913 10/15/24 10/1/24 88D Mar 200 0.5131%
20240585914 10/15/24 10/1/24 88D Jun 200 0.5131%
20240585916 10/15/24 10/1/24 88D Aug 200 0.5131%
20240585919 10/15/24 10/1/24 88D Apr 100 0.2565%
20240585923 10/15/24 10/1/24 88D Dec 150 0.3848%
20240585925 10/15/24 10/1/24 88D Dec 250 0.6414%
20240585931 10/15/24 10/1/24 88D Dec 200 0.5131%
20240585933 10/15/24 10/1/24 88D Feb 320 0.8210%
20240585941 10/15/24 10/1/24 88A Feb 100 0.0653%
20240585946 10/15/24 10/1/24 88D Feb 60 0.1539%
20240585948 10/15/24 10/1/24 88D Dec 150 0.3848%
20240585952 10/15/24 10/1/24 88A Feb 200 0.1305%
20240585959 10/15/24 10/1/24 88D Aug 100 0.2565%
20240585964 10/15/24 10/1/24 88D Mar 75 0.1924%
20240585978 10/15/24 10/1/24 88D Dec 100 0.2565%
20240585989 10/15/24 10/1/24 88D Apr 63 0.1616%
20240585999 10/15/24 10/1/24 88D Apr 63 0.1616%
20240585999 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586003 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586006 10/15/24 10/1/24 88E Dec 50 0.0529%
20240586008 10/15/24 10/1/24 88D Apr 63 0.1616%
20240586027 10/15/24 10/1/24 88D Dec 250 0.6414%

Edit: attempting to make it more readable

DOC#	Recorded Date	Palm Tree Date	Unit	UY	Points	% of Unit
20240585844	10/15/24	10/1/24	88D	Apr	85	0.2181%
20240585845	10/15/24	10/1/24	88D	Dec	75
20240585847	10/15/24	10/1/24	88D	Dec	150
20240585852	10/15/24	10/1/24	88E	Dec	50
20240585854	10/15/24	10/1/24	88D	Dec	100
20240585855	10/15/24	10/1/24	88D	Aug	75
20240585856	10/15/24	10/1/24	88D	Aug	200	0.5131%
20240585861	10/15/24	10/1/24	88D	Jun	100	0.2565%
20240585862	10/15/24	10/1/24	88A	Mar	150	0.0979%
20240585863	10/15/24	10/1/24	88D	Mar	200	0.5131%
20240585864	10/15/24	10/1/24	88D	Mar	31	0.0795%

So it looks like the meager incentives pushed very few toward 150 add-on contracts.

For comparison, the first 42 contracts from VDH:

• VDH had slightly smaller average contract size
  • 115.8pt vs. 124.2pt
• VDH had smaller median contract size
  • 90pt vs. 100pt
• VDH had smaller max contract size
  • 300pt vs. 320pt
• VDH had larger minimum contract size
  • 50pt vs. 25pt
• VDH also had contracts from 3 different Units sold
  • 1B, 1C, 1H vs. 88A, 88D, 88E

Almost surely the smaller contracts are due to how guests use Disneyland versus how they use Disney World. If guests book a hotel at all, the average length of hotel stay at DL is two days, while at WDW it's six days. I think the lower points simply reflect that people have far shorter vacations at DL. I doubt this has much to do with price. Although I can see that it may have to do with the overall feel of the resort tower: the pool and bar I find quaint and charming. The tower feels like a place to sleep, little more. I'm not sure I'd want to be there more than a couple of days. I can think of no equivalent at WDW. You could easily leave me for a week at any DVC property in Florida for a week.

 

[disneylandtour]

So it looks like the meager incentives pushed very few toward 150 add-on contracts.

Almost surely DVD has noticed this--that people who are willing to buy are buying fewer points than projected. It looks like a lot of people are buying enough add-on points to reserve a studio or a one-bedroom on a pair of Friday/Saturday nights and then, perhaps, hoping that they can fill in a couple more days at the seven-month mark with existing points at other resorts. Or at least, that's how I read some of this. In now way could this have been the "A Plan" for DVC. I expect some significantly revised incentives in the not-too-distant future, particularly around the 100 and 150 point marks. Now that reservations have opened--and most prime days have been nabbed--it's going to make it even more difficult now to sell the tower.

 

[maui22]

For comparison, VDH's first 5 days were:

• 51
• 98 (149 total)
• 95 (244 total)
• 140 (384 total)
• 73 (457 total)

These were a Monday - Friday, so no pent-up recordings due to weekends as VDH contracts aren't recorded on weekends or holidays.

May 30th, 2024, the Tuesday after Memorial Day (and 15 days after deeds started being recorded on 5/15/2024) was VDH's peak: 184 contracts recorded in a single day. At that point, 1,101 contracts had been recorded total.

I think it's clear VDH will have performed better during those initial 5 days than PVB IT will do.

• 104
• 42 (146 total)
• 36 (182 total)
• 19 (201 total)

It will be interesting to see if that trend holds in the coming weeks-months.

 

[ark101]

Almost surely DVD has noticed this--that people who are willing to buy are buying fewer points than projected. It looks like a lot of people are buying enough add-on points to reserve a studio or a one-bedroom on a pair of Friday/Saturday nights and then, perhaps, hoping that they can fill in a couple more days at the seven-month mark with existing points at other resorts. Or at least, that's how I read some of this. In now way could this have been the "A Plan" for DVC. I expect some significantly revised incentives in the not-too-distant future, particularly around the 100 and 150 point marks. Now that reservations have opened--and most prime days have been nabbed--it's going to make it even more difficult now to sell the tower.

Wouldn't a lot of existing members know to split point purchases into multiple smaller chunks (contracts) that would end up looking separate in reporting like this? I don't know for sure but assuming.

 

[disneylandtour]

Wouldn't a lot of existing members know to split point purchases into multiple smaller chunks (contracts) that would end up looking separate in reporting like this? I don't know for sure but assuming.

My general sense is that less than 10% of DVC buyers know the ins-and-outs of DVC purchases. The four 63-point sequential contracts are almost surely a split to capitalize on the incentives at 250 points. But most of the things we discuss here, I do not see discussed many other places.

 

[VGCgroupie]

My general sense is that less than 10% of DVC buyers know the ins-and-outs of DVC purchases. The four 63-point sequential contracts are almost surely a split to capitalize on the incentives at 250 points. But most of the things we discuss here, I do not see discussed many other places.

Agree, I feel only Disboarders are knowledgeable to the extent of splitting contracts.

 

[ehh]

In the first 5 days of VDH deeds there were 459 deeds recorded (457 VDH and 2 VGC that are hard to filter out).

On those 459 deeds, there are 443 unique grantees and 16 repeated grantees.

Of the 16 repeated grantees, there are actually 12 unique grantees within those 16:

• 1 grantee buying 4 contracts
  • 250pt, split 75-75-50-50
• 2 grantees buying 3 contracts
  • 180pt, split 100-50-30
  • 150pt, split 50-50-50
• 9 grantees buying 2 contracts
  • 490pt, split 245-245
  • 250pt, split 150-100
  • 200pt, split 100-100
  • 200pt, split 100-100
  • 175pt, split 110-65 (this is my favorite, good job whoever this is)
  • 175pt, split 100-75
  • 170pt, split 85-85
  • 150pt, split 100-50
  • 150pt, split 75-75

Adds up to:

• 431 grantees buying 1 contract
• 9 grantees buying 2 contracts
• 2 grantees buying 3 contracts
• 1 grantee buying 4 countracts

I think there's a case to be made that the most knowledgable buyers (who are more likely to split contracts) also are more likely to do delayed closings and not show up, but if we're comparing early VDH vs. early PVB2, it's probably apples to apples? @maui22 you wanna do the PVB2 analysis? (is this even feasible? I'm not very familiar with occompt)

Anyway, the small avg contract size at VDH was very much an early buyer thing. It's over a year later now and the average over the last 3 months is over 180pts/contract:

 

[JackosinDIS]

175pt, split 110-65 (this is my favorite, good job whoever this is)

I love the fact that you have a favourite

 

[VGCgroupie]

I love the fact that you have a favourite

I saw the 75-75-50-50 and was like oohhh thats a good one.

 

[CastAStone]

My general sense is that less than 10% of DVC buyers know the ins-and-outs of DVC purchases. The four 63-point sequential contracts are almost surely a split to capitalize on the incentives at 250 points. But most of the things we discuss here, I do not see discussed many other places.

When we’re talking about first day add ons I think we’re probably talking about the most knowledgeable owners.

 

[maui22]

In the first 5 days of VDH deeds there were 459 deeds recorded (457 VDH and 2 VGC that are hard to filter out).

On those 459 deeds, there are 443 unique grantees and 16 repeated grantees.

Of the 16 repeated grantees, there are actually 12 unique grantees within those 16:

• 1 grantee buying 4 contracts
  • 250pt, split 75-75-50-50
• 2 grantees buying 3 contracts
  • 180pt, split 100-50-30
  • 150pt, split 50-50-50
• 9 grantees buying 2 contracts
  • 490pt, split 245-245
  • 250pt, split 150-100
  • 200pt, split 100-100
  • 200pt, split 100-100
  • 175pt, split 110-65 (this is my favorite, good job whoever this is)
  • 175pt, split 100-75
  • 170pt, split 85-85
  • 150pt, split 100-50
  • 150pt, split 75-75

Adds up to:

• 431 grantees buying 1 contract
• 9 grantees buying 2 contracts
• 2 grantees buying 3 contracts
• 1 grantee buying 4 countracts

I think there's a case to be made that the most knowledgable buyers (who are more likely to split contracts) also are more likely to do delayed closings and not show up, but if we're comparing early VDH vs. early PVB2, it's probably apples to apples? @maui22 you wanna do the PVB2 analysis? (is this even feasible? I'm not very familiar with occompt)

Anyway, the small avg contract size at VDH was very much an early buyer thing. It's over a year later now and the average over the last 3 months is over 180pts/contract:
View attachment 904591

I will be away for a few days so I can’t perform going through the rest of the deeds and analysis.

I wonder if DL and WDW more apples/oranges? Aren’t most DL regulars in CA? Most WDW visitors live out of state/country so they might add on when they visit. If this is correct, we might see slower start to PVB2 but faster sales as it goes?

 

[jjanne]

I love the fact that you have a favourite

@ehh, what's the reason why the 110-65 split is good (your favorite)?

 

[ehh]

@ehh, what's the reason why the 110-65 split is good (your favorite)?

All personal opinion:

I think if you're going to split the contracts that they should be asymmetrical so you have downsizing options in the future.

In this case, this buyer bought 175 but if plans change they could downsize to 110 or 65 in the future, which are meaningfully different amounts. Something like an 85/90 split is not.

But they also shouldn't be wildly different (e.g., 125-50). Car backseats get it right, with a 40/60 split!

I also like the 175pt purchase amount (same amount I bought in week 1).

And I also don't like excessive splitting. For example, splitting 250pts to 75-75-50-50 is an excessive amount of splitting in my opinion. Does it make financial sense if you sell? Probably, but you also have to live with it until then and it's just a teeny bit more to manage (my spreadsheets would probably be the biggest drag).

I will say the 180pt 100-50-30 is the most interesting. Mostly because they somehow got permission to go below the 50pt line.

 

[disneylandtour]

And I also don't like excessive splitting. For example, splitting 250pts to 75-75-50-50 is an excessive amount of splitting in my opinion. Does it make financial sense if you sell? Probably, but you also have to live with it until then and it's just a teeny bit more to manage (my spreadsheets would probably be the biggest drag).

I always think the multiple splits are about estate planning. Four splits equals four kids, each of whom get one contract when the time comes. Aside from that, yeah, I'd be confused about these as well.

 

[VGCgroupie]

All personal opinion:

I think if you're going to split the contracts that they should be asymmetrical so you have downsizing options in the future.

In this case, this buyer bought 175 but if plans change they could downsize to 110 or 65 in the future, which are meaningfully different amounts. Something like an 85/90 split is not.

But they also shouldn't be wildly different (e.g., 125-50). Car backseats get it right, with a 40/60 split!

I also like the 175pt purchase amount (same amount I bought in week 1).

And I also don't like excessive splitting. For example, splitting 250pts to 75-75-50-50 is an excessive amount of splitting in my opinion. Does it make financial sense if you sell? Probably, but you also have to live with it until then and it's just a teeny bit more to manage (my spreadsheets would probably be the biggest drag).

I will say the 180pt 100-50-30 is the most interesting. Mostly because they somehow got permission to go below the 50pt line.

I think more splits like 75 75 50 50 only make sense in California. Stays there are shorter and the closing costs for each contract are much lower than Florida so it’s not as big of hit in the beginning. The dashboard and spreadsheets are extra work I agree.

How did they subvert the 50pt. Super interesting!