To add to this analogy, before the points system, all the months would have been sold individually and that means Dec would be worth far more than Feb/Aug.Imagine DVC was 1 villa sold to 12 owners for 1 month per year each.
All of the 12 owners think Feb is too cold and August is too hot. Four of the 12 think December is the absolute best time to go to wdw...but 3 of those will necessarily be disappointed. Doesn't mean our 1 villa DVC is oversold.
There has always been a competitive element to owning any points based timeshare. You might have avoided the negative outcomes before, but that was luck. Owners who might have let their pts expire unused in the past can now use a broker like David to get cash with very little effort. SSR has taught owners of near-park resorts to book early to make sure that they get what they want.
I have always advised potential buyers that DVC works best for planners. I would not expect things to get easier... last minute options will still be available but moreso for things like SSR 1BRs in low season (Feb non-holiday weeks) and winter nights at HHI and VB...
No, it' just functioning more as it's supposed to.Used to be lots available, but now it's getting harder and harder to get a reservation for WDW. We are local and often make spur of the moment plans. Is DVC oversold?
Renting has increased in popularity with several brokers now available. In addition to reasons in the above posts, some owners would just let their points expire and not book rooms. Now that doesn't seem to happen and the rooms are fully booked.
Bill
This is how timeshares are supposed to work, at least those that are floating in some way, whether it be weeks in seasons or points. With or without a home resort priority, anyone in a floating system is in direct competition for reservations with other owners. It's literally us against them in a sense. As for how the demand affects availability at 7 months out, I have a slightly different take. If a high demand resort is added to the system like VGF, it really doesn't help 7 month availability because a larger % of owners who buy there will stay there (and should) and many of the rest that own something else that is high demand will only give up their reservation if they can get the other high demand option. I've estimated that looking at points available and looking at 7 months out comparing SSR to VGF it's about 1-2 to 100. The would mean you'd have to add thousands of villas at a very high demand option to make much headway for 7 month availability. The CBR resort will be interesting. My opinion is it's likely to be midway, not high end but not as low as SSR in terms of demand. But I also don't see Poly as a high demand option, more average at WDW, above SSR/OKW/AKV but below the rest though we won't know for sure until it sells out and the owners there get 1-2 trips under their belt.It' also a self fulfilling prophecy, fuelled by knowledge and the internet.
Wakey in the UK couldn't get his studio at BWV last October, because Barbara in Ohio booked it right on 11 months as advised on disboards. Barbara also advised a few people on Facebook groups to do this so they too have now booked earlier.
Wakey is disappointed, having normally left it until 4 months out.. is it oversold? Are Disney selling DVC rooms off cash? Grrrr. Wakey takes to Facebook DVC group to vent his spleen, only to be shot down in flames, with people saying you must book 8am 11 months out for food and wine. Wakey then becomes part of the problem and so on. I call it early booking creep.
I think it's slowed up a bit now.
Also some resorts unbalanced it- SSR and OKW certainly do, as does Hawaii. However, Poly and CC probably added a bit of balance back in, as will Riviera I believe. Bay Lake 2 would do the same.
Another problem though is to make more cash, DVD rapidly increased points per night requirements. This has had the potential effect of pushing new owners to cheaper properties per night. Boardwalk Standard particularly affected by this. However may be some counter effect (I do see people saying this) that even though they have Poly points etc, they stay SSR and OKW as it' cheaper and tgey get more nights. So jury is out on that one.
Just curious are aulani and vero beach a 11 month if want to get it type of resort
As member for several years I am finding the opposite to be true. I am about to spend a week in a BCV studio during the Food & Wine Festival which I booked at 7 months out. A few years ago that was considered impossible.Used to be lots available, but now it's getting harder and harder to get a reservation for WDW. We are local and often make spur of the moment plans. Is DVC oversold?
Does anyone know how many owners are resale owners now? I would think the limitations on trading out points, especially for DCL, might be increasing the number of points that get 'spent' at WDW.