ATCMickey said:
Dean,
Thanks for your generous offer. My comment was only in jest. I'll mention it to them if they bring up a future desire to try it again. Again, thanks.
ATCMickey
Not a problem., let me know if I can help.
Larry said:
Hello,
I was wondering in the DVC Resorts, how many or what percentage is set aside for Timeshare use and for someone calling resevations and paying for the resort?
I too have had my II exchange set up for a DVC, I own Napa and was told that I had the most powerful exchange in the system, alright sell me a bridge now, but II is offereing so many low end timeshares in the area.
but my real question is the percentage.
Thanks all.
Referring only to the sold out resorts, they are all set aside for timeshare use. DVD still owns a small percentage, reportedly between 2-4%. They also own any points they have bought back. Units available for cash in those resorts are only available because DVD used their points to reserve then rent through CRO OR when members trade their points for options where DVC must raise cash. These options include other Disney Hotels, Disney cruises and the Concierge Collection (top notch hotels) which DVC must pay cash for.
DVC does not do developer deposits so the only units available in II are from 2 groups. A few are deposit first but most are there only after a DVC member matches for another resort using search first. As I mentioned earlier, only about 3% of DVC members deposited last year and it's fluctuated from a low of about 1.8% to a high of 2.8% last year. Most units deposited are smaller ones and DVC does not deposit Xmas or Easter and are far less likely to deposit holidays and prime summer.
Here's my way of looking at how II does exchange power and what they will offer to you. II actually divides up exchange power into two phases. One is resort quality and the rest is demand of your week/resort. You could have 4th of July at the Outer Banks or HH but at a lower rated resort and II would not offer you resorts that are far about your resort quality, even if they are simply sitting there in the bank. As you've apparently figured out, Riverpointe does not appear to be a top trader from what I've heard (it's an age old timeshare sales lie). II also puts a lot of stock in the unit size, esp for 2 BR and above and really down values studios.
Also, most of II's good exchanges are made with an ongoing search. I'm not sure how your resort works specifically, but if you have any choice as to what week you can get, it makes a BIG difference. You should deposit a full year out, more if you can. And start your ongoing search at least a year out, don't just keep calling or looking on the website. Accept a unit smaller than 2 BR if you can. List as many week as possible and as many resorts as you would accept. Never list a choice you will not be happy with if you match because that is always the one you match.
Here's an example. I have an ongoing search for a deposit from one of my resorts at a highly rated resort likely just under the top tier. My deposit is red time but not prime time. The week is still a year away thus I have almost 3 years to match and complete any travel. I put in a request for next year for very specific resorts and weeks that include 2 of the 3 top HH Marriott's for 4th of July and DVC for high demand times only. I set it up so that I would only accept a 2 BR. If I don't match, and I likely will not, I will change it to more liberal terms for the following year when I can be more flexible.