Odds of Disney taking back points

Discussion in 'Purchasing DVC' started by DisneyDotts, Oct 4, 2018.

  1. bobbiwoz

    bobbiwoz I'm happy to dance with you!

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    pixiedust:
     
  2. David K.

    David K. Earning My Ears

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    I created dvcstats.com to help figure out what The Mouse is taking on ROFR.
     
  3. Avatar

    DIS Sponsor Disney Vacation Club Resales www.dvcstore.com


  4. we"reofftoneverland

    we"reofftoneverland DIS Veteran

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    That's an awesome website.
     
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  5. LYSE

    LYSE DIS Veteran

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    Very nice!
     
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  6. Mumof4mice

    Mumof4mice Mouseketeer

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    Great site! Thank you for sharing, @David K. !
     
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  7. DisneyDotts

    DisneyDotts Mouseketeer

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    Oh wow. Cool site!! It’s awesome
     
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  8. David K.

    David K. Earning My Ears

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    Thanks everyone for the encouragement. I'm very open to feedback. I have a couple of minor features in the works to make it even better. It's only possible because of this community and all the hard work @pangyal puts in on the quarterly thread.
     
  9. supersnoop

    supersnoop What time is the three o'clock parade?

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    So that’s all self-reported information?
     
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  10. TheEnchantedRose

    TheEnchantedRose Make magical memories before the last petal falls

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    This is awesome!
    Thanks!!
     
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  11. David K.

    David K. Earning My Ears

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    Yes. It's the only way to get that level of detail that I'm aware of. If there are other sources of data in very interested.

    Future options, to get away of self-reporting, could include scraping deed recording (which don't include prices, but could give Disney ROFR percentages; assuming Disney files the same way) and trying to pair them with resale listings, which usually only show list price, not final price. That's a lot more work for worse results at this point IMO. This data could be useful separately, somehow, though.

    Another option could be to partner with resale companies to get anonymous data. I haven't reached out to anyone for this.
     
  12. E2ME2

    E2ME2 ET

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    Very interesting, and very useful as I consider making a resale purchase.
    Thanks for taking the time to compile this data!:thanks:
     
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  13. DisneyDotts

    DisneyDotts Mouseketeer

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    Apparently the addonitis is really. Still waiting for ROFR I keep looking at the resale and I have my sights on another one. Lol. It’s hopeless.
     
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  14. supersnoop

    supersnoop What time is the three o'clock parade?

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    You can calculate the purchase price based on the taxes listed on the deed site. You should be able to get within $100.
     
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  15. David K.

    David K. Earning My Ears

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    That's a great idea!
     
  16. DisneyDotts

    DisneyDotts Mouseketeer

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    WhooHoo. I just received notification that I passed ROFR. I’m so happy!! Now another 20-30 days for my closing packet. Can’t wait
     
  17. Crazy4Disney06

    Crazy4Disney06 DIS Veteran

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    Anyone have any idea if the amount of points has any impact on wither or not Disney exercises ROFR? Like to large contracts have a better shot at passing vs smaller? Or is there really no rhyme or reason?
     
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  18. Bing Showei

    Bing Showei DIS Veteran

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    It probably doesn’t factor in that much. Disney can take and split up large contracts into smaller ones at will. Small contracts would require contracts from the same unit to allow for combining, but the Mouse can do that as well.
     
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  19. The Jackal

    The Jackal Mouseketeer

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    We put in a request for 75 SSR June use year. They called this AM and said they they were available. Low and behold we find out it consists of 2 separate contracts. One for 50 and one for 25. They would both have separate closing costs and document fees!! We are not thrilled about that. Apparently DVC has added a document fee to all contracts these days. Our CM said they recently added a document fee about 4 months ago.
     
  20. we"reofftoneverland

    we"reofftoneverland DIS Veteran

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    If they can split up a contract, why can't they just put your two together?
     
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  21. Bing Showei

    Bing Showei DIS Veteran

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    Because of the way DVC is sold, contracts represent a real estate interest in a specific timeshare unit. At any given resort, points from two units may both be a June UY, but contracts cannot be combined as each contract represents a % interest of their respective unit which, once declared, cannot be changed.
     
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