Major DVC Change - Resale Market Only original 14 resort access

Discussion in 'Disney Rumors and News' started by DisFanDad, Jan 6, 2019.

  1. DisFanDad

    DisFanDad DIS Veteran

    Joined:
    Aug 23, 2016
    Messages:
    558
    Apparently news is breaking that as of January 19th, if you purchase DVC on the resale market, you points will only be able to be used at the original 14 resorts, not into the two new resorts under development (or any yet to be announced). This is a MAJOR shake-up to the DVC world / market and a very interesting development ahead of these new resort developments.


    https://www.dvcresalemarket.com/blo...bhWbFHuxsy1qW4GriY1iIbl1VToEMDHItjmnd-KZGkU-A
     
    dlavender, BigRed98 and rteetz like this.
  2. rteetz

    rteetz Rumors and News Moderator Moderator

    Joined:
    Feb 20, 2013
    Messages:
    61,179
    Disney is really trying to limit the resale market I guess.
     
    kittyab, dclpluto, BigRed98 and 2 others like this.
  3. Avatar

    Advertisement


  4. DisFanDad

    DisFanDad DIS Veteran

    Joined:
    Aug 23, 2016
    Messages:
    558
    I edited the details a bit, as I have read a couple more sites on it, still access to the original 14 resorts, but not anything new that is built. Still, yes, quite interesting.
     
    rteetz likes this.
  5. rteetz

    rteetz Rumors and News Moderator Moderator

    Joined:
    Feb 20, 2013
    Messages:
    61,179
    That's strange.
     
    DisFanDad likes this.
  6. DisFanDad

    DisFanDad DIS Veteran

    Joined:
    Aug 23, 2016
    Messages:
    558
    Yea, I don't get it. Maybe legally they can't limit access to the 14 resorts due to whatever is in the DVC contracts ? Assuming they are going to change those for the new builds. The date is also interesting, esp as I am hearing whispers on the pricing of DRR, and they are releasing teaser adverts for it, must be getting ready to pop the lid off it.
     
    jerseygal and rteetz like this.
  7. rteetz

    rteetz Rumors and News Moderator Moderator

    Joined:
    Feb 20, 2013
    Messages:
    61,179
    It should still be a couple months before that. Copper Creek didn't go on sale until March/April and opened in July. Riviera will open in the Fall.
     
    soniam likes this.
  8. soniam

    soniam Wooden leg named Smith...

    Joined:
    Jun 22, 2012
    Messages:
    7,672
    Yeah, I thought they could only have 1 new DVC for sale at a time, so Riviera would have to sell out before they can announce pricing for a new DVC. Or maybe they just can't sell more than one a time.
     
  9. rteetz

    rteetz Rumors and News Moderator Moderator

    Joined:
    Feb 20, 2013
    Messages:
    61,179
    Well they did already announce Reflections would be DVC so that's two new DVC properties.
     
    soniam and jerseygal like this.
  10. 4luv2cdisney

    4luv2cdisney DIS Veteran

    Joined:
    Mar 30, 2008
    Messages:
    1,607
    they're still selling aulani and they were selling ccv and poly simultaneously
     
    soniam and rteetz like this.
  11. kristenrice

    kristenrice NOT just an ambulance driver

    Joined:
    Apr 25, 2006
    Messages:
    6,430
    An even more interesting tidbit is that anyone who buys a RESALE at the Riviera will only be able to use those points at the Riviera. They will NOT be able to exchange them into the other 14 “original” DVC resorts. This could create a problem if you are unable to get a room during your preferred travel time due to availability...there’s no alternative. I would think the resale value of the Riviera is going to be significantly less than any of the other “classic” resorts.
     
  12. jerseygal

    jerseygal DIS Veteran

    Joined:
    Jan 1, 2008
    Messages:
    6,630
    Lots of interesting information for Riviera!:disrocks:
     
  13. RRB

    RRB I've got Cabin Fever, Copper Creek that is

    Joined:
    Jul 4, 2001
    Messages:
    2,148
    Correct, they sell more than one resort at one time
     
    rteetz likes this.
  14. 2xcited2sleep

    2xcited2sleep DIS Veteran

    Joined:
    Jan 5, 2008
    Messages:
    8,893
    Wow! Very interesting indeed.
     
  15. Keels

    Keels The Official Keels of RunDisney

    Joined:
    Feb 27, 2008
    Messages:
    7,383
    My dos pesos on the resale thing ... if you're buying resale at a discount, it's to get DVC on the cheap. If you're buying resale at a specific resort (BW, BCV for example), you're buying to have early access to that resort because you want to stay there.

    I'm still on the fence about buying direct about Riviera, but I'm leaning towards it with every information release. This definitely helps as it will make a brand-new resort in a VERY popular location "easy" to book for a while right after it opens during a very busy time.
     
    rteetz likes this.
  16. JETSDAD

    JETSDAD DIS Veteran

    Joined:
    Jan 7, 2016
    Messages:
    1,808
    All currently owned points will be able to book there so this really isn't going to change anything with regards to booking there. The problem comes if you ever need/want to sell because those resale points would be limited to only Riviera.
     
  17. LYSE

    LYSE DIS Veteran

    Joined:
    Mar 5, 2017
    Messages:
    868
    Wow they really want to kill the resale value of the new resorts don't they? Looks like those will likely become the worst places to buy direct and maybe a cheap deal to buy resale (if your okay with the restriction)
     
    snappy, MommaBerd and Madame like this.
  18. Future_WorldPhonencian

    Future_WorldPhonencian Mouseketeer

    Joined:
    May 25, 2017
    Messages:
    247
    This is interesting... I wonder if it will kill demand for DVC accross the board, they have a good thing going they are risking a lot with this
     
    cel_disney and mamaofsix like this.
  19. tjkraz

    tjkraz <img src="http://www.wdwinfo.com/images/silver.jpg

    Joined:
    Feb 4, 2002
    Messages:
    14,454
    Other resorts have started selling more than a year before opening. No mandate that DVC follow the same playbook every time.
     
  20. TheMaxRebo

    TheMaxRebo DIS Veteran

    Joined:
    Jan 12, 2008
    Messages:
    18,667
    Sorry if a dumb question but I know some people have some points they bought directly and some they bought resale to add to it - would this mean you would have some points that you can exchange for the new resorts and others you cannot? So have to have truly like 2 separate accounts of points?
     
  21. tjkraz

    tjkraz <img src="http://www.wdwinfo.com/images/silver.jpg

    Joined:
    Feb 4, 2002
    Messages:
    14,454
    Yes. Most aspects of a DVC contract are already tracked separately. Each written deed has its own Home resort (and associated booking rights), Use Year, and so on. Resale points have been barred from use toward Disney Cruises and other non-DVC destinations for several years now. That's monitored on a contract-by-contract basis.
     
    TheMaxRebo likes this.

Share This Page