New $500 Resale DVC Transfer Fee

[Brian Noble]

They are now printing money through it.

$500 per transfer is not "printing money." One of the largest brokers handled 4K contracts in a year. Even if DVC processed 10K contracts in a year, that's $5M of revenue. For the entire year.

That's peanuts.

For reference, they are averaging 159,000 points per month just at WDW. This is ignoring VDH and Aulani. Figure an average net price of about $215/pp, for a revenue stream of $34 billion-with-a-B, plus change. (Mea culpa: it's million-with-an-M. I don't normally consider myself innumerate, but apparently I am. Still compared to the 400K/month for transfer paperwork....)

Every. Single. Month.

 

[VGCgroupie]

I am only on page 3 so it may be in the upcoming posts, but exactly which budget does this go into/come out of? I am all for hiring more people to speed things up but they cant possibly be hiring 2.2 million worth of new employees for this.