New $500 Resale DVC Transfer Fee

[MICKIMINI]

Irony of ironies, this is almost EXACTLY what I JUST did. Split my direct buy into three parts with the idea I might add one more in the future in Florida (if Florida get their act together…long story) and then I’d be able to potentially split the exact numbers of direct points between my 2 kids long down the road IF they wanted them.

I don’t really view a timeshare as an asset to hand off through generations, but I think my kids could enjoy it at least a few decades. But with devaluation like this additional fee, I’ll probably just consider resale if I want more, and tell my kids they can alternate years and decide between themselves. They are still young so any planning for the future is a long way off.

Our son and DIL are on our direct contract. We did not add them to the resales as it is a toss up if 2042 expires before we do LOL!

 

[Genie+]

Does anyone else wonder if this decision didn't get sparked because owners have been willing to pay an extra $250 in document fees to break up direct purchases into smaller contracts?

Maybe they realized they could add this CAF to cover all the costs of creating these new memberships from resale purchases? Assuming, of course that is what DVCMC LLC tells us it is for.

Yes I think this decision intends to address multiple things, including disincentivizing this practice and at least getting a piece of that pie for what now remains.