Guaranteed weeks

[macman123]

Do many people have a guaranteed week at a resort?

I'm looking at adding on 200 direct and have a number of options.

Looking at RIV and I think if you have a guaranteed week it may assist in resale, given the restrictions.

The only downside is the number of points, if it was, say 153 it would really annoy me that it was not a round number!

 

[princesscinderella]

Do many people have a guaranteed week at a resort?

I'm looking at adding on 200 direct and have a number of options.

Looking at RIV and I think if you have a guaranteed week it may assist in resale, given the restrictions.

The only downside is the number of points, if it was, say 153 it would really annoy me that it was not a round number!

We bought a fixed week 52 at RIV for 196 points in a standard view but we also got a small 34 point contract that would allow us to add an extra night to our guaranteed week if we wanted or needed to. It is our goal to be able to use the fixed week every year in a few years when we semi retire. Until then we will either rent it out or use the points for other stays because right now it’s hard to take off for a week at the end of the year owning our own business as it’s a busy time for us. We also felt it would hedge against the you can only at RIV if you bought resale if we had to sell it down the road if we we forced to. Ideally we will pass it on to our kids who also love Disney since I’ll be 92 when it expires, it would be nice to live long enough to see it expire though too.

 

[MICKIMINI]

Not that I'm keeping track or anything, but would 200 RIV bring you up to 2200?? Yes, you can buy your week and then buy a small contract to "even out" your RIV points... You are not the only one on disboards who likes even contracts LOL!

I've only seen one fixed week contract show up on a resale broker website ever. It certainly makes you take a second look and with RIV and the "right" week (like Christmas), IMO value is much better.

I say go for it!

 

[RoseGold]

I bought a fixed week resale. I have a weird number of points now, but the rooms all cost weird amounts anyway, so meh.

I've seen a lot of fixed weeks resale, but then I was looking. I even called a broker about one with a weird number of points, and it was fixed week and they didn't even know. They're so rare now that no one even knows what you are talking about. I can picture the resale for them mattering a lot more in a few years.

 

[macman123]

I bought a fixed week resale. I have a weird number of points now, but the rooms all cost weird amounts anyway, so meh.

I've seen a lot of fixed weeks resale, but then I was looking. I even called a broker about one with a weird number of points, and it was fixed week and they didn't even know. They're so rare now that no one even knows what you are talking about. I can picture the resale for them mattering a lot more in a few years.

Thats the thing - it would be like 217 points.

That would take me to 2862. That isnt a round number and distresses me........

 

[MICKIMINI]

Just go for 3000!!

 

[awestbrook23]

We bought a fixed week 52 at RIV for 196 points in a standard view but we also got a small 34 point contract that would allow us to add an extra night to our guaranteed week if we wanted or needed to. It is our goal to be able to use the fixed week every year in a few years when we semi retire. Until then we will either rent it out or use the points for other stays because right now it’s hard to take off for a week at the end of the year owning our own business as it’s a busy time for us. We also felt it would hedge against the you can only at RIV if you bought resale if we had to sell it down the road if we we forced to. Ideally we will pass it on to our kids who also love Disney since I’ll be 92 when it expires, it would be nice to live long enough to see it expire though too.

On fixed weeks, is it possible to split the week into two separate reservations? That's the one thing keeping me from buying a fixed week myself - we can't take the full week yet and won't be able to for another 5 years or so. If I could keep 4 of the nights for myself and rent the other 3 for now, that would be ideal until our schedule allows us the longer stays in the future.

 

[princesscinderella]

On fixed weeks, is it possible to split the week into two separate reservations? That's the one thing keeping me from buying a fixed week myself - we can't take the full week yet and won't be able to for another 5 years or so. If I could keep 4 of the nights for myself and rent the other 3 for now, that would be ideal until our schedule allows us the longer stays in the future.

No unfortunately it’s all or nothing. We can’t really use ours yet for another few years either but in an ideal world down the road we plan to use it every year. You could for the first few years just opt out of the fixed week by letting MS know before the 11month booking window and book it yourself separately as the 4 days for you and three days that you would rent out.

 

[kandlsutton]

We bought a fixed week 52 at RIV for 196 points in a standard view but we also got a small 34 point contract that would allow us to add an extra night to our guaranteed week if we wanted or needed to.

My guide told me a couple of weeks ago that the 50pt minimum at Riviera (and Copper Creek) would apply to the smaller add on with a guaranteed week. So you would now need to purchase (as an example) the 196 for the guaranteed week and then 54 for the smaller add on. if anyone has a different response, please let me know so I can reconsider our options.

 

[princesscinderella]

My guide told me a couple of weeks ago that the 50pt minimum at Riviera (and Copper Creek) would apply to the smaller add on with a guaranteed week. So you would now need to purchase (as an example) the 196 for the guaranteed week and then 54 for the smaller add on. if anyone has a different response, please let me know so I can reconsider our options.

I just bought at the end of March so I would push the issue with your guide. You are buying more than the minimum with the fixed week so I don’t think the 50 points should apply since the fixed week can’t have extra points in it. PM me if you want the name of my guide.

 

[Lorana]

On fixed weeks, is it possible to split the week into two separate reservations? That's the one thing keeping me from buying a fixed week myself - we can't take the full week yet and won't be able to for another 5 years or so. If I could keep 4 of the nights for myself and rent the other 3 for now, that would be ideal until our schedule allows us the longer stays in the future.

You cannot split the week, unfortunately, but if it's only the next few years you cannot use it, but you expect you will over the life of the fixed week, I would recommend getting it. You can always cancel the fixed week and get the few number of nights booking yourself - that's the beauty of the fixed week, is that you get the week that you want when you want it, and can use the points as you wish in the years you don't want it. It is for that reason that we picked up FWs at CCV, so that we could have those weeks when we wanted them. I'm kicking myself now for not getting a FW at RIV, but we wanted to split the contract up so that they could go to our kids if they want them.

 

[sethschroeder]

The only downside is the number of points, if it was, say 153 it would really annoy me that it was not a round number!

You could push to have them sell you a smaller contract as well to round off the points? Minimum would be 25.

Looking at RIV and I think if you have a guaranteed week it may assist in resale, given the restrictions.

Right now it will not matter much. In 2042 when various resorts fall out of DVC and more resorts are now locked off to resale buyers I think more people will be educated on what a Fixed Week is.

I will say FW can only help the price long term. Because realistically when you go to sell you could simply list it as a normal contract if for some reason they get less on the resale market.

I know there has been a couple instances of FW resale contracts being valued less but I see that being a historical issue not a future issue. I am a big proponent of FW though so I might be off base.

 

[RoseGold]

I will say FW can only help the price long term. Because realistically when you go to sell you could simply list it as a normal contract if for some reason they get less on the resale market.

I know there has been a couple instances of FW resale contracts being valued less but I see that being a historical issue not a future issue. I am a big proponent of FW though so I might be off base.

I've been stalking FWs for a long time now, and some brokers I'm not even sure know how to list them. They're such a new product, there just aren't a ton out there. People are still buying CCV/RIV christmas/NY weeks, so they can't have even sold that many.

The ones I've seen have been pretty close to market value, even really good weeks. I think the education isn't there right now for them, and I haven't seen the price difference that I think could be possible as availability tightens up.

I have seen a couple that were just monster contracts with hundreds of points. Those I think were listed higher than contracts of that size could have gone for, but who knows what they sold for. I know there was a VGF fixed week mid-Covid that was almost 100K!

I agree fixed week can only help, because they're still normal contracts if you never use it (like I plan to).