Just got a call from DVC...

[mustinjourney]

I just got a random call from DVC. They said they're calling because I have a DEC UY and they've got a great deal going to give me DOUBLE points!!! Asked if I was interested in hearing more, and I said yes, so they transferred me to my actual guide.

As you guessed, the double points is nothing new. Just the normal thing they always do. And they were specifically pushing CCV and POLY.

Now the important part and why I'm posting...

I asked about adding on to my BCV and he said it'd be next to impossible right now, but I'd have a much better chance come December. He confirmed that your best bet to get direct from VGC, VGF, and BCV is to call on the first day of your UY because the contracts they acquired during ROFR that were stripped get their points.

I know some people have had similar luck, but my guide actually confirmed it.

So bottom line, while you lose out on some value, if you really want the points, calling on the first day of your UY will give you the greatest chance of success.

 

[disneynutz]

Cold calling to make sales, is this new?

Bill

 

[Matty B13]

Thanks for the info.

 

[miTnosnhoJ]

Ah, the double points just means you get 2016 UY and 2017 UY.
That is good to know about adding on at a hard to find resort.

 

[mustinjourney]

Ah, the double points just means you get 2016 UY and 2017 UY.

Yeah. I was a little surprised they use that line with seasoned owners.

 

[mustinjourney]

Cold calling to make sales, is this new?

Bill

No idea

 

[huskerfanatic7]

I just got a random call from DVC. They said they're calling because I have a DEC UY and they've got a great deal going to give me DOUBLE points!!! Asked if I was interested in hearing more, and I said yes, so they transferred me to my actual guide.

As you guessed, the double points is nothing new. Just the normal thing they always do. And they were specifically pushing CCV and POLY.

Now the important part and why I'm posting...

I asked about adding on to my BCV and he said it'd be next to impossible right now, but I'd have a much better chance come December. He confirmed that your best bet to get direct from VGC, VGF, and BCV is to call on the first day of your UY because the contracts they acquired during ROFR that were stripped get their points.

I know some people have had similar luck, but my guide actually confirmed it.

So bottom line, while you lose out on some value, if you really want the points, calling on the first day of your UY will give you the greatest chance of success.

yep I got my add on (AUG UY) on AUG 1st. they didn't have any points available the month prior

 

[LAX]

Just out of curiosity, is there anything for DVD to lose by allowing the 2016 UY points on ROFR'ed contracts expire? I mean, shouldn't DVD prefer to sell contracts at sold out resorts without the current/previous UY's points? Using a Dec UY as an example, why wouldn't they want to wait to sell until Dec 2017 so that they don't have to give out 2016 UY points. It sounds like the lack of current/previous UY points is not turning people away from purchasing direct, so isn't it more beneficial for DVD not to give out more points than it needs to? Am I overthinking this??

LAX

 

[Cyberc1978]

Just out of curiosity, is there anything for DVD to lose by allowing the 2016 UY points on ROFR'ed contracts expire? I mean, shouldn't DVD prefer to sell contracts at sold out resorts without the current/previous UY's points? Using a Dec UY as an example, why wouldn't they want to wait to sell until Dec 2017 so that they don't have to give out 2016 UY points. It sounds like the lack of current/previous UY points is not turning people away from purchasing direct, so isn't it more beneficial for DVD not to give out more points than it needs to? Am I overthinking this??

LAX

Dvc is in this to make money, so if they rofr a contract with current years points they would want to flip it ASAP. The same goes if the contact does not have current years points.

If DVC have to wait selling a contract because it doesn’t have current years points then they also have to wait to get paid. So in my book DVC prefer a contract with all possible points because then they can flip it sooner than later. If the price is “right” and if what else they look for in a contract is right then they also rofr contracts without current years points.

 

[4luv2cdisney]

Just out of curiosity, is there anything for DVD to lose by allowing the 2016 UY points on ROFR'ed contracts expire? I mean, shouldn't DVD prefer to sell contracts at sold out resorts without the current/previous UY's points? Using a Dec UY as an example, why wouldn't they want to wait to sell until Dec 2017 so that they don't have to give out 2016 UY points. It sounds like the lack of current/previous UY points is not turning people away from purchasing direct, so isn't it more beneficial for DVD not to give out more points than it needs to? Am I overthinking this??

LAX

If I'd gotten 2016 UY points I'd have either rented them or taken a trip I wasn't originally planning on taking. So, I'm a guaranteed customer needing park tickets, food, etc. Why wouldn't they want a guaranteed customer? Yes, rooms that don't get used get turned over to cash inventory, but there is no guarantee anyone is going to take those rooms. I can choose from a wide assortment of rooms today for a Christmas 2017 trip paying cash. Seriously, if flexible with dates, nearly every resort except maybe POFQ and POP are available. Some of them still discounted. So, I'm guessing, odds are that those expired points would not be as likely to bring Disney any $$$.

 

[mustinjourney]

Just out of curiosity, is there anything for DVD to lose by allowing the 2016 UY points on ROFR'ed contracts expire? I mean, shouldn't DVD prefer to sell contracts at sold out resorts without the current/previous UY's points? Using a Dec UY as an example, why wouldn't they want to wait to sell until Dec 2017 so that they don't have to give out 2016 UY points. It sounds like the lack of current/previous UY points is not turning people away from purchasing direct, so isn't it more beneficial for DVD not to give out more points than it needs to? Am I overthinking this??

LAX

I agree with cyber. DVC is a company and all companies stress cash flow and hitting quarterly numbers. Short term profits are almost always preferred over delayed money. Even if the delay gives them an extra 5%.

 

[LAX]

If I'd gotten 2016 UY points I'd have either rented them or taken a trip I wasn't originally planning on taking. So, I'm a guaranteed customer needing park tickets, food, etc. Why wouldn't they want a guaranteed customer? Yes, rooms that don't get used get turned over to cash inventory, but there is no guarantee anyone is going to take those rooms. I can choose from a wide assortment of rooms today for a Christmas 2017 trip paying cash. Seriously, if flexible with dates, nearly every resort except maybe POFQ and POP are available. Some of them still discounted. So, I'm guessing, odds are that those expired points would not be as likely to bring Disney any $$$.

If a DVC room is priced "right", I don't see how it won't entice someone to fork over cash for it. Plus, if the room availability is generated from "expired/expiring" points, it essentially costs DVD nothing and so whatever DVD gets is gravy. While you might guarantee Disney park tickets & other ancillary revenue, some owners are more than happy to stay without visiting a park. That's probably not case for a cash-paying customer. Who is more of a "guaranteed customer"??

Now as far as whether DVD is willing to "wait" for it to get paid a little more, that's a different story. Perhaps it doesn't want to build up a backlog of inventory, but I can't see how a month or two make that much of a difference (but of course, I can be totally wrong). I have read reports of people calling a month or two before their UY to add on without success. Then, when they call back during their UY, the inventory all of a sudden becomes available. Coincidence, perhaps?

LAX

 

[Cyberc1978]

If a DVC room is priced "right", I don't see how it won't entice someone to fork over cash for it. Plus, if the room availability is generated from "expired/expiring" points, it essentially costs DVD nothing and so whatever DVD gets is gravy. While you might guarantee Disney park tickets & other ancillary revenue, some owners are more than happy to stay without visiting a park. That's probably not case for a cash-paying customer. Who is more of a "guaranteed customer"??

Now as far as whether DVD is willing to "wait" for it to get paid a little more, that's a different story. Perhaps it doesn't want to build up a backlog of inventory, but I can't see how a month or two make that much of a difference (but of course, I can be totally wrong). I have read reports of people calling a month or two before their UY to add on without success. Then, when they call back during their UY, the inventory all of a sudden becomes available. Coincidence, perhaps?

LAX

Thats because the contracts DVC's either RoFR'ed or foreclosed on are without points.

Another reason I can see why DVC has to wait selling a contract because it is without points is if they ROFR a loaded contract, and then they use those points to book rooms which they later rent for cash. Doing this they dont have to wait until 60days out to claim a room and rent it and somehow splitting the cash with the HOA (assuming they do).

Its the same approach we as owners do, when we aquire a new contract, we rent out the points if we can't use them.

Just playing with the thought: Maybe DVC have pools of points for each resort from which they have ROFR'ed / foreclosed on. When they have enough points they start to sell the contracts with current UY points. Also they book/reserve some of the more desirable units throughout the year with the pooled points. Its their points and they can use them how they see fit. They know exactly WHICH size units is the best to book WHEN. This way they can maximize their profit on each contract they get back.

I know this is all just assumptions and DVC might not act this way, but they could actually do it.

 

[LAX]

Thats because the contracts DVC's either RoFR'ed or foreclosed on are without points.

Another reason I can see why DVC has to wait selling a contract because it is without points is if they ROFR a loaded contract, and then they use those points to book rooms which they later rent for cash. Doing this they dont have to wait until 60days out to claim a room and rent it and somehow splitting the cash with the HOA (assuming they do).

Its the same approach we as owners do, when we aquire a new contract, we rent out the points if we can't use them.

Just playing with the thought: Maybe DVC have pools of points for each resort from which they have ROFR'ed / foreclosed on. When they have enough points they start to sell the contracts with current UY points. Also they book/reserve some of the more desirable units throughout the year with the pooled points. Its their points and they can use them how they see fit. They know exactly WHICH size units is the best to book WHEN. This way they can maximize their profit on each contract they get back.

I know this is all just assumptions and DVC might not act this way, but they could actually do it.

The bolded is what I was wondering if DVD would do. Keep the current UY points to do whatever it desires (most likely rent them out as cash reservations), then when the next UY hits, sell the contract to owners who desire to add on. That way, DVD gets paid "twice" for the same contract.

With regards to reservations DVD rents out with ROFR'ed/foreclosed points, I don't think it needs to "split" with HOA as long as the MF on the points are paid for. That should be different from inventory generated from breakage, right?

LAX