how long will Disney sell BLT shares?

[tiggspring]

I'm just curious how long do you think that BLT will be sold by Disney. I know some of the older TS are no longer sold by Disney only on the resale market. How long did it take for them sot sell out of the older TS. I think I would like to buy BLT but doubt it will be for three more years. ANy thoughts?

 

[erionm]

Disney is still selling points at all resorts. They may or may not have inventory on hand for all use years, but they do exercise ROFR. Their main selling focus is currently AKV (Kidani Village), SSR (Treehouse Villas), BLT & VGC.

I don't think that BLT is going to see out any time soon. So far they have declared just under half of the units in to the condo association. The units have to be declared in order to sell points for those units.

 

[Sandisw]

When I talked to my guide last week, we discussed the fact that I am hoping to add on another 50 points at BLT in January. I asked whether he thought BLT would be sold out by then and he did not.

 

[5forDiz]

It's been selling nearly 11 months and 48% or < has been declared in; jmho of course but probably another year to say least. As erionm points out Disney sells points for all DVC resorts even if they're considered "sold-out"; it may take a bit of waiting for them to accummulate points for a particular resort & UY you may be interested in but it will not be impossible and there is always resale market.

 

[wdrl]

The units have to be declared in order to sell points for those units.

This statement may be true, but recent evidence demonstrates that DVD exercises some flexibility in this regard. A review of condo records and deeds for Bay Lake Tower at the Orange County Comptroller's website shows that BLT's Unit 89a was not declared by DVD for the DVC until July 15, 2009 and not recorded at the OCC website until July 20, 2009. However, on July 27, 2009, at least two deeds were recorded at OCC for Unit 89a. On both of them, the buyers signed the deed before July 15 -- one buyer signed on July 1, the other on July 2. DVD did not sign off on the deed until July 21.

I guess until DVD signs off on a buyer's contract, then they haven't really "sold" those points. But the OCC records show that it can offer points to buyers in undeclared units and then declare the units afterward.

There is an interesting thread that is tracking the declarations made by DVD on BLT. See http://www.disboards.com/showthread.php?t=2212548




http://www.disboards.com/showthread.php?t=2212548

 

[tiggspring]

Thanks for the info.I'm still trying to figure all this DVC stuff out. I thought I "knew" that Disney had stopped selling older contracts ..back to the drawing board LOL. luckily I have pleanty of time to learn. Any other info will be greatly appreciated. Thanks again to all who have replied so far.

 

[tiggspring]

WDRL. Wow what a thread. A little overwhelming but I look forward to following the OP's stats and your stats. Thanks

 

[Jason@dvcstore]

I predict until November 28th, 2010.

 

[jdb1232]

Today around dinner time we noticed that DVC is advertising on TV. I live in SJ, which is covered by the phila. regional tv market. Disney owns 6abc, which is the channel the commercial was on.
We watch the same channel everyday during dinner and we have never seen a DVC commercial. One would assume that they have a lot of TS's to sell if they are advertising during primetimes.

 

[disneynutz]

This statement may be true, but recent evidence demonstrates that DVD exercises some flexibility in this regard. A review of condo records and deeds for Bay Lake Tower at the Orange County Comptroller's website shows that BLT's Unit 89a was not declared by DVD for the DVC until July 15, 2009 and not recorded at the OCC website until July 20, 2009. However, on July 27, 2009, at least two deeds were recorded at OCC for Unit 89a. On both of them, the buyers signed the deed before July 15 -- one buyer signed on July 1, the other on July 2. DVD did not sign off on the deed until July 21.

I guess until DVD signs off on a buyer's contract, then they haven't really "sold" those points. But the OCC records show that it can offer points to buyers in undeclared units and then declare the units afterward.

There is an interesting thread that is tracking the declarations made by DVD on BLT. See http://www.disboards.com/showthread.php?t=2212548
http://www.disboards.com/showthread.php?t=2212548

I get the feeling that there is more fudging going on than we know about. I expect DVD to continue their sales presence at BLT and I bet that they have prospective buyers on the deck to watch the fireworks.

 

[disneynutz]

Disney is still selling points at all resorts. They may or may not have inventory on hand for all use years, but they do exercise ROFR. Their main selling focus is currently AKV (Kidani Village), SSR (Treehouse Villas), BLT & VGC.

In the past DVD seemed to morph points and UY's if someone wanted to buy at a older resort. It usually only took a few weeks.

 

[DisneyWalker44]

Through 2059. Disney never really stops selling points at a resort.

 

[dizfan]

Yesterday, Disney released their earnings. Television and DVD revenue were down for the 2nd quarter.

No surprise when you look at DVCNews.com's sales statistics for DVC.
http://dvcnews.com/content/view/826/233/
April and May were bad months for DVC sales. June, things really took off. BLT has been selling in one of the worst economic crisis of the last half century, it's approximately 43-45% sold out. Pretty impressive considering how many points BLT to sell has compared to smaller resorts.

 

[disneybride96]

Of course, when BLT gets close to selling out they could always start BLT II on the other side of the Contemporary!

 

[maddmike]

Through 2059. Disney never really stops selling points at a resort.

Good point. If there is money to be made Disney will come up with the points.

 

[tiggspring]

Thanks for all the opinions. Just hoping that having to wait 3 years means we get a great deal becuase they haven't all sold or able to buy at a slight discount on secondary market!