Multiple 25 pt add ons?

[noname70]

If we were to add on 75 -100pts would it be to our benefit to break it up into 25 pt contracts? Is there a significant advantage in resale or any other reason for that matter? Also, would DVC charge additional fees to do this?

 

[disney junky]

If we were to add on 75 -100pts would it be to our benefit to break it up into 25 pt contracts? Is there a significant advantage in resale or any other reason for that matter? Also, would DVC charge additional fees to do this?

I would think that 25 point contracts are much easier to move on the resale market. I can't speak to the additional charges. When we added on a couple years ago, we just paid a price per point. I don't know if that's changed.

 

[tvwalsh]

If you, like me, are able to buy contracts from DVC without closing costs, you should definitely buy the smallest contracts that you can!. I sold a 25 point Vero contract through TTS for $4 more per point than I got for a 50 point Vero contract sold at the same time and also through TTS.

Why wouldn't you?

 

[DeeCee735]

Our reasons for adding on in 25 point increments was so that it's easier to divide them among our children when we (and they) are older. I also think it's easier to sell the smaller contracts resale.

There is no extra cost to do this and there are no closing costs (thru Disney directly). It was quick and easy and in the system immediately! We purchased two 25 point contracts last month, it took a day or two to get into the system and I booked a short trip for next year with them the day they made it into the system - and we only closed on them yesterday!



Good luck and enjoy!

 

[bobbiwoz]

I do not expect to sell my points, so that is a factor. We bought in increments of 25, 50 as we were able to add on. I do wish that I had fewer of these .12, .13 etc. contracts. Except for my VB which is only one of the contracts, if I want to see all of my AKV points, I have to do it in spurts, the 100 point contract and the 40....but VWL is the worse, we have our 175 points in 5 different parts! They are not in numeric order by resorts, they are sort of in the order of purchase, but not really that either.

It's just a small wish, but I would consolidate my home resorts if I could.

Bobbi

 

[TenThousandVolts]

I would add on in 50 point increments. If you wanted to sell, I think more people would be in the market for a 50 pointer than a 25 pointer, but that is just my personal theory- no facts to support it.

 

[twinklebug]

I do not expect to sell my points, so that is a factor. We bought in increments of 25, 50 as we were able to add on. I do wish that I had fewer of these .12, .13 etc. contracts. Except for my VB which is only one of the contracts, if I want to see all of my AKV points, I have to do it in spurts, the 100 point contract and the 40....but VWL is the worse, we have our 175 points in 5 different parts! They are not in numeric order by resorts, they are sort of in the order of purchase, but not really that either.

It's just a small wish, but I would consolidate my home resorts if I could.

Bobbi

Just to understand what you're saying (as I'm seriously considering a future of small purchases) Is the issue tracking your points between all the smaller contracts in one place or does it go beyond this?

If all your contracts have the same use year, this sounds more like a software issue than a points issue.... and even if they did have differing UYs, their system should be able to display all of your contracts & points available on one page allowing you to sort it in whatever fashion you want. I'm not familiar with their software nor the tool they use to create their site, but this should be possible.

 

[disneynutz]

Smaller contracts are a little more work to keep track of and they provide the opportunity for MS to make mistakes. We have several contracts and MS has trouble with them. Yesterday I was told that I couldn't book a vacation because we didn't have enough points. The Advisor borrowed points from our next year before she told me what she was doing. I told her that she was wrong, that we had 240 AKV points left. She finally found them on another page. Now we have to have a Manager fix our account and un-borrow our points. This opens up the possibility for additional mistakes and just one more thing to spend time checking up on.

 

[bobbiwoz]

Just to understand what you're saying (as I'm seriously considering a future of small purchases) Is the issue tracking your points between all the smaller contracts in one place or does it go beyond this?

If all your contracts have the same use year, this sounds more like a software issue than a points issue.... and even if they did have differing UYs, their system should be able to display all of your contracts & points available on one page allowing you to sort it in whatever fashion you want. I'm not familiar with their software nor the tool they use to create their site, but this should be possible.

Our smaller contracts are all point something to one major contract, they are all 1 UY and it's probably as easy as they can make it. It's just that we have added on 14 times or so. So, to get an accurate total of just how many BCV I have in '09 for instance, I have to go to each of the 3 subcontracts, go to March 2009 UY and add from each. The CM's do not seem to have this very handily available. They may say, "You have to borrow" and I say "Look at subcontract .08 there are BCV points there." It's not major, hasn't been so far, but for ease. I have 5 home resorts. If all the BWV were in the major, then VWL were in .1, VB .2 and so on, it would be easier for me to keep track of and easier for the CM to see exactly how many points I have at a particular home resort.

Bobbi

 

[Disney_Villain]

I would add on in 50 point increments. If you wanted to sell, I think more people would be in the market for a 50 pointer than a 25 pointer, but that is just my personal theory- no facts to support it.

I agree with you & disneynutz. If the OP is seriously factoring resale into their purchase decisions for add-ons, then 50+ point contracts make sense. Smaller contracts (=/< 100 points) are easier to sell resale. Too small, and they become a bit of a challenge to manage.

 

[n2mm]

While passing smaller contract on to your loved ones and selling them later is a great perk. I would never do small contracts again. I have 4 smaller BWV contracts 50, 50, 30, 30 and EVERYTIME, did I say EVERYTIME, I book/modify/cancel any of my reservations with these points they are always messed up. I've had to write to MS 3 times this year alone to get them to manually reallocate my points. It seems that MS will pull from one contract, using banked and current points, but not use the banked from another. Just last month I dropped a day on my BWV ressie and right away when the points went back I had 07 banked points show up....however, those banked points were used on another reservation. MS has been great about fixing the problem everytime, but I always get a knot in my stomach whenever I call to modify a reservation using these points. However, using my SSR 450 contract points, there is never an problem there. I wish there was a way to consolidate my 4 smaller contracts into one 160 contract for BWV. If you have smaller contracts you really have to keep an eye on them. I print my point information whenever I call just to compare the balances after a transaction. I always ask what the balances are and how the points are being used, but this doesn't seem to matter, because my account is always a mess afterwards. Every call to MS now means I will spend a week writing to them to straighten out the damage of a modification.

 

[Darkside]

25 point contracts keep thier value. In fact, every 25 point contract I have seen for sale on this board has been sold before I had a chance to buy one. I bought 25 point contracts because they are the most liquid contract and the are easier to give away to my kids. I have not had any issues with booking, except for when I stay at Boardwalk, in which case it was not MS's fault. My 2 cents.

 

[Buckeye Fan]

I think the tough question is how small is small enough. Does anyone out there know what percentage of customers who purchase resale are first time buyers versus existing members?

If someone knows that answer, here are my thoughts:
* A current DVC member would probably be more apt to buy a 50 pt contract via resale versus a 25 pt because of closing costs. Closing costs for a small pt contract aren't significantly less. So, even if you get a great deal on the price per point, $350 in closing costs on a 25 pt contract will add an additional $14 per point. I would probably add on directly from Dis for 25 pts, unless I was looking at VB or HHI.
* A new member who wants to stay in a studio at Dis every 3rd year would love a 25 pt contract. Much cheaper than a 100 or 160 pt minimum buy-in, and closing costs are charged either way. In fact, with resale, you may be able to negotiate for the seller to pay or split the closing costs.

So, if the resale market is 75% existing members/25% new members, that would drive one decision versus the other.

 

[noname70]

This thread has taken an interesting drift (is a 50 or 25 point add on more attractive to sell). Does anyone believe a 25 is better?

 

[dvc at last !]

interesting thread...

 

[Darkside]

If this helps. I just bought in on the SSR 50 point add on incentive. I asked my guide to break the 50 points into two 25 point contracts. He said this was not usual, but did it anyways. I can sell these as separate stand alone contracts(I verified this when I bought them) There were no closing costs because I already owned a 150 contract with SSR.

 

[mrdiscranky]

While I think it might be easier to sell one 25 point contract at a higher price than a 50 point contract, I'm not so sure it would be easier to sell 2 25 point contracts.

25 point contracts sell fast, in part, because there are so few of them. If you suddenly flood the market with several, what's going to happen? I've seen folks post they are buying 200 points as 8 25 contracts for the expressed purpose of having better resale. I think that's going to backfire if they have to sell all 200 points at once.

 

[shortypots]

Well, we figured out after our purchase of AKV that we should have broken up our 300 pt contract into a 160 and 140 since those would have been easier to sell. So I personally would go with 2- 50 pts contracts for ease of selling in the future if you need to.

 

[Darkside]

I am simply a numbers guy. Here is a real short statistic on this Disney resale board.
88 units for sale with 200-300 points (9 are reduced in price)
92 units for sale with 100-192 points (7 are reduced in price)
13 units for sale with 50-75 points
1 unit for sale with 30 points
0 units for sale with 25 points
I did not include units that are pending for sale in these numbers. I am also not trying to convince someone else to my way of thinking, just showing options. I happen to like assets with high liquidity and yes, DVC is an asset.

 

[cruiseletters]

It is a good idea to have smaller contracts. When we bought our first contract we didn't fully understand what our guide was telling us. She brushed over that part so quickly and we were very new to the idea of buying points that we didn't get that. Looking back I know it will be difficult to sell our 400 point contract if the time came to do so. We have subsequently bought other contracts and you can bet they are all 100 or smaller.