DVCNews September 2024 sales information

[BlueIsis]

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 am one of the split contracts delayed closings you speak of. I bought day one and spilt 200 points 50-50-50-50 and closed 60 days later.

 

[jjanne]

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.

Ah, downsizing options.... good to know. That's helpful. Thanks @ehh

 

[aammtt20]

How did they subvert the 50pt. Super interesting!

The original Poly points were from before the current 50pt minimum on new resorts, back when there was a only 25 pt minimum. I know the minimums have fluctuated over time, I believe when OKW was the only DVC option - and it wasn't even called that back then - the minimum was 230 pts, which is why that can be a common number for OKW contracts on resale sites. Also 160 pts for AKV, I believe, is a common amount on resale as that was the minimum for a time when that resort was on sale.

 

[VGCgroupie]

The original Poly points were from before the current 50pt minimum on new resorts, back when there was a only 25 pt minimum. I know the minimums have fluctuated over time, I believe when OKW was the only DVC option - and it wasn't even called that back then - the minimum was 230 pts, which is why that can be a common number for OKW contracts on resale sites. Also 160 pts for AKV, I believe, is a common amount on resale as that was the minimum for a time when that resort was on sale.

Since this is VDH it carries a 50 point minimum so they shouldn't have been able to get a 30 point contract.

 

[Sandisw]

Since this is VDH it carries a 50 point minimum so they shouldn't have been able to get a 30 point contract.

I have heard that some have gotten around it due to FW? Not sure if it would apply here or not.

 

[VGCgroupie]

I have heard that some have gotten around it due to FW? Not sure if it would apply here or not.

I bought a FW and was told it had to be over 50 points. I am going to check again though since I may be adding more points before my 90 days is up at the end of month.

 

[VGCgroupie]

I talked to my guide today. He is somewhat of an OG from what I understand. Bill Koontz. He said even with a split week I cannot get a contract that is under 50 points. I was really hoping I could.

 

[zavandor]

Someone bought a 1,000 point deed at SSR and another person bought 600 points at SSR! Yiiiikes.

They must be very confident they'll never want/need to sell.

 

[JackosinDIS]

Just for fun, there were 99 new Poly deeds recorded today.

Total of 12,961 points.

Average contract size 131 points.

Total for the 6 days so far is 331 deeds. Based on todays average that is approx 43k points.

 

[aammtt20]

Just for fun, there were 99 new Poly deeds recorded today.

Total of 12,961 points.

Average contract size 131 points.

Total for the 6 days so far is 331 deeds. Based on todays average that is approx 43k points.

Thanks for the analysis. Do we know how many points (apprx) will be sold in total from the tower?

 

[ehh]

Thanks for the analysis. Do we know how many points (apprx) will be sold in total from the tower?

Based on the 2025 points chart and approximate room breakdowns, looking like 3.6mil ± 100k, but unconfirmed by Disney.

 

[Brian Noble]

At some point an early adpoter will post the public offering statement--it should be in there, no?

 

[Sandisw]

At some point an early adpoter will post the public offering statement--it should be in there, no?

I think it’s already out there…

 

[maui22]

10/16/24 deeds
42 for 5156 points
That's an average of 122.7619 points/deed.
Range was 25-300 points.
0 Favorite week deeds.

Units 88A, 88D, and 88E.

	DOC#	Recorded Date	Palm Tree Date	Unit	UY	Points
1	20240588206	10/16/24	10/2/24	88D	Sep	125
2	20240588211	10/16/24	10/2/24	88D	Dec	75
3	20240588213	10/16/24	10/2/24	88E	Sep	75
4	20240588217	10/16/24	10/2/24	88E	Aug	250
5	20240588224	10/16/24	10/2/24	88E	Feb	150
6	20240588498	10/16/24	10/2/24	88E	Apr	75
7	20240588519	10/16/24	10/3/24	88E	Mar	200
8	20240588522	10/16/24	10/3/24	88E	Oct	75
9	20240588539	10/16/24	10/3/24	88E	Dec	50
10	20240588542	10/16/24	10/3/24	88A	Dec	200
11	20240588543	10/16/24	10/3/24	88D	Jun	25
12	20240588545	10/16/24	10/2/24	88D	Apr	300
13	20240588580	10/16/24	10/3/24	88A	Aug	25
14	20240588591	10/16/24	10/2/24	88E	Feb	100
15	20240588665	10/16/24	10/3/24	88E	Oct	150
16	20240588716	10/16/24	10/3/24	88D	Dec	50
17	20240588755	10/16/24	10/2/24	88E	Aug	100
18	20240588768	10/16/24	10/3/24	88E	Feb	200
19	20240588789	10/16/24	10/3/24	88E	Aug	150
20	20240588794	10/16/24	10/2/24	88D	Jun	100
21	20240588800	10/16/24	10/3/24	88D	Feb	100
22	20240588890	10/16/24	10/2/24	88D	Aug	80
23	20240588893	10/16/24	10/3/24	88D	Sep	50
24	20240588900	10/16/24	10/2/24	88E	Oct	50
25	20240588909	10/16/24	10/3/24	88D	Mar	75
26	20240588915	10/16/24	10/3/24	88E	Mar	200
27	20240588917	10/16/24	10/3/24	88D	Jun	150
28	20240588922	10/16/24	10/3/24	88E	Jun	150
29	20240588931	10/16/24	10/3/24	88E	Feb	211
30	20240588933	10/16/24	10/3/24	88E	Mar	200
31	20240588943	10/16/24	10/3/24	88E	Jun	150
32	20240588946	10/16/24	10/2/24	88E	Aug	300
33	20240588953	10/16/24	10/3/24	88A	Apr	75
34	20240588961	10/16/24	10/3/24	88E	Feb	75
35	20240589009	10/16/24	10/3/24	88E	Sep	150
36	20240589026	10/16/24	10/3/24	88E	Aug	150
37	20240589070	10/16/24	10/3/24	88D	Apr	200
38	20240589089	10/16/24	10/3/24	88E	Feb	50
39	20240589103	10/16/24	10/3/24	88D	Aug	65
40	20240589135	10/16/24	10/3/24	88E	Oct	50
41	20240589153	10/16/24	10/3/24	88D	Apr	100
42	20240589294	10/16/24	10/3/24	88D	Dec	50

 

[foodiddiedoo]

I saw on the BLT owners thread someone said that last month they bought 400 points direct. To each their own! I hope they at least racked up lots of credit card points

That was me, I bought 450 direct haha. I got enough credit card points for about 5 flights, and hit Premier 1k on United because of it. I also was a first time DVC buyer and wanted to just do my first purchase entirely direct.
I also did a 200-250 split in case I don’t want all those points down the line when my parents stop coming with us on the regular.

 

[ehh]

At some point an early adpoter will post the public offering statement--it should be in there, no?

As best as I can tell, neither the Island Tower nor Total Polynesian points are listed in the updated Poly Public Offering Statement: https://cdn1.parksmedia.wdprapps.di...ral-docs/POLYV_POS_Rev_04_2024_10-01-2024.pdf

I also cannot find it in the updated MS-POS: https://cdn1.parksmedia.wdprapps.di...ering_Statement_Rev_05_16_2024_10-01-2024.pdf


EDIT:
The California Public Resort (for 11 resorts) (https://cdn1.parksmedia.wdprapps.di...alifornia_Combined_Public_Report-09-06-24.pdf) does have this figure:


But the 4.7mil has to be either a typo (7,699,539 would make a lot of sense) or something else (just OG PVB + declared Island Tower?)...rationale:

• OG PVB is 4.03mil, so 4.7mil is too few for combined
• 4.7mil is also too big to be just Island Tower
  • We know the points chart and total room count, but not view breakdown
  • If the entire Island Tower inventory were Theme Park View, it'd be ~4.2mil points

 

[Duckbug.Ducktales]

That was me, I bought 450 direct haha. I got enough credit card points for about 5 flights, and hit Premier 1k on United because of it. I also was a first time DVC buyer and wanted to just do my first purchase entirely direct.
I also did a 200-250 split in case I don’t want all those points down the line when my parents stop coming with us on the regular.

I love BLT. Mostly because I love the Contemporary and BLT has great views of it plus the magical view of the park and 7 Seas Lagoon. You might end up keeping all the points when your parents stop traveling and just go more often!

 

[CastAStone]

or something else (just OG PVB + declared Island Tower?)

That’s what the list of rooms is so I’d guess that.

There should be a document in the POS with the 2024 dues breakdown and that should have the new total number of points included. Weird it’s not there.

 

[ehh]

That’s what the list of rooms is so I’d guess that.

There should be a document in the POS with the 2024 dues breakdown and that should have the new total number of points included. Weird it’s not there.

The list of rooms is all rooms, OG PVB + full Island Tower, though. Not just a portion of Island Tower.

 

[Brian Noble]

If the POS includes the maximum reallocation figure, you can get the total points from that plus the room counts. It excludes view, season, and weekend vs weekday variance. I don’t have the energy to do it right now though.