Our guide just called on our waitlist....

[qv09vvp]

But he only has 49 of the 100 points we waitlisted . Has this happened to anylne? I couldn't think of .reason why we would want to have i
partial points and potentially multi contracts. What would you have done??

 

[bobbiwoz]

But he only has 49 of the 100 points we waitlisted . Has this happened to anylne? I couldn't think of .reason why we would want to have i
partial points and potentially multi contracts. What would you have done??

I am going back 10 years, and we wanted about 100 BCV. We got them in two contracts, 40 and 60 because that’s how they became available. We did not have to pay closing costs, I know that’s different now. Many tell you here that Small contracts yield a slightly higher price at resale, but we have not sold any of our contracts, but that does appear to be true.
I have over 20 smaller contracts in our holdings, over 1400 points, same use year. This is not a problem at all.

 

[Cyberc1978]

IMO I would rather get 2 x 50 points contracts when going direct than 1 x 100. The reason being is that you pay the same for the 2 x 50 (well maybe a tiny bit more in closing combined) but that is it. When or if you need to downsize or sell all, a 50 points contract will sell at a higher cost per point than a 100 points contract will. If you downsize you can sell just 1 contract and keep the other one. That option you wont have with the 100 pointer, its either all or nothing.

 

[Noodlez]

We were on a waitlist for 100 points (BCV) in November. We were initially offered 70, then the remaining 30 a couple of days later. They were both the same use year but couldn’t be combined as they were different units.
We were unsure at first, but then pleased as smaller contracts can sell at a higher amount, and it gives us more flexibility if we ever need to sell some.

 

[miTnosnhoJ]

I think I would take it. It would seem that you are on top of the waitlist, so should get the rest of what you need pretty quickly. And you could have enough for near term trips by borrowing, if necessary. Verify with your guide that you would still be on the list for the rest.

 

[ScubaCat]

You'd think they could hold that until 51 more points were available. 49 is an odd number (literally and figuratively speaking) to offer someone waiting for 100.

 

[DVCdisneyfam]

But he only has 49 of the 100 points we waitlisted . Has this happened to anylne? I couldn't think of .reason why we would want to have i
partial points and potentially multi contracts. What would you have done??

I wonder if u have multiple contracts can u get chances to get moonlight magic on each one? If so that's a good perk for bringing friends and family

 

[ScubaCat]

I wonder if u have multiple contracts can u get chances to get moonlight magic on each one? If so that's a good perk for bringing friends and family

No, that would not work.

 

[Bing Showei]

The toughest thing about this offering is even if, down the line, you decide you want to downgrade, if the rest of your holdings are resale (post 2016), by selling either part of your split contract (49 points or 51 points), you'll lose all your membership perks. You would need more direct points to sustain the minimum 75 (or who knows what the minimum will be then) qualified points in your membership.

 

[goofy kc]

The toughest thing about this offering is even if, down the line, you decide you want to downgrade, if the rest of your holdings are resale (post 2016), by selling either part of your split contract (49 points or 51 points), you'll lose all your membership perks. You would need more direct points to sustain the minimum 75 (or who knows what the minimum will be then) qualified points in your membership.

As I understand it once you are 'in' as a direct buyer, you're in. They would still be in possession of a direct point purchase.
Also, if this is the same contract and same use year, the system will allow you to use them as if they were one (sort of). Two allotments of points from the same pile. I say get what you can and wait for the rest.

 

[CraigInPA]

As I understand it once you are 'in' as a direct buyer, you're in. They would still be in possession of a direct point purchase.
Also, if this is the same contract and same use year, the system will allow you to use them as if they were one (sort of). Two allotments of points from the same pile. I say get what you can and wait for the rest.

That is not the case. If you aren't a grandfathered resale only customer, then you will need to keep whatever the contract is that gave you direct member benefits. In my case, I bought a 30 point direct contract in October 2017 to augment my non-grandfathered resale contract. At that time, the minimum to get direct benefits was 25 direct points. If I sell that contract tomorrow, and I don't have 75 directly purchased points (75 being the current minimum) in my portfolio, I will lose direct member benefits.

 

[4luv2cdisney]

But he only has 49 of the 100 points we waitlisted . Has this happened to anylne? I couldn't think of .reason why we would want to have i
partial points and potentially multi contracts. What would you have done??

If you don't mind me asking....

Resort and UY?
How long have you been waiting?

 

[qv09vvp]

Boardwalk. Sept use year

 

[KAT4DISNEY]

But he only has 49 of the 100 points we waitlisted . Has this happened to anylne? I couldn't think of .reason why we would want to have i
partial points and potentially multi contracts. What would you have done??

Yes, there's been similar type reports periodically. If you were looking at 100 points and they would be qualifying you for perks I'd recommend no but it appears like you may already have that so it may not be part of the equation? Still, getting that call should mean your at the top of the list so choosing to stay there isn't really changing things much. There will likely be higher closing costs for 2 contracts vs 1 but you could double check. If you said no and they have already moved down the list I wouldn't worry and would just sit back and wait for the next call.

FWIW - I do not recommend small contracts anymore unless someone has a need for just a smaller amount of points. Yes, you can get a few dollars more when you go to sell but with direct closing costs that rival resale now and added transfer costs it more or less is still break even with a slightly larger contract. And 100 points is still a small contract. At this point I think having a 100 point contract is better than 2 small contracts and I personally wish I had not broken up a couple of direct purchases as much as I did.

 

[The Jackal]

If there are 2 contracts you will pay 2 closing costs. Several months ago they called us and said waitlist was in for 75 points. It was a 50 and 25 point contacts. Tried to get them to waive the second closing costs. They said no and so did I. Got the call a couple months later with the 75 points in one contract. We needed some more points and were already grandfathered so we did not need the benefits.

 

[qv09vvp]

We did pass . We actually own resale not grandfathered in so we need the 75 direct . (I'm actually not convinced we should buy direct but this is definitely a hubby thing since he feels we are missing out ) .So more of a feels thing but either way I'm not willing to break up into weird small contracts. I'm curious to seen how long it takes to call us back with the full amount.

 

[KAT4DISNEY]

We did pass . We actually own resale not grandfathered in so we need the 75 direct . (I'm actually not convinced we should buy direct but this is definitely a hubby thing since he feels we are missing out ) .So more of a feels thing but either way I'm not willing to break up into weird small contracts. I'm curious to seen how long it takes to call us back with the full amount.

With the purpose being to get at least 75 points for direct benefits then I would have done the same.

Now would I even be buying direct for those benefits?

 

[BWV Dreamin]

Yes, there's been similar type reports periodically. If you were looking at 100 points and they would be qualifying you for perks I'd recommend no but it appears like you may already have that so it may not be part of the equation? Still, getting that call should mean your at the top of the list so choosing to stay there isn't really changing things much. There will likely be higher closing costs for 2 contracts vs 1 but you could double check. If you said no and they have already moved down the list I wouldn't worry and would just sit back and wait for the next call.

FWIW - I do not recommend small contracts anymore unless someone has a need for just a smaller amount of points. Yes, you can get a few dollars more when you go to sell but with direct closing costs that rival resale now and added transfer costs it more or less is still break even with a slightly larger contract. And 100 points is still a small contract. At this point I think having a 100 point contract is better than 2 small contracts and I personally wish I had not broken up a couple of direct purchases as much as I did.

I have 2 small VGF contracts, one 60 pt. and one 65 pt. I am hoping that if I eve have to sell one, it would still be of interest to someone being that this is a sold out resort. Would I be grandfathered in for the perks as a direct purchaser with a 65 pt contract ( or 60 pt. Which ever we kept)?

 

[MB_01]

It depends on if you bought them before they instituted the 75 point minimum. It used to be 25 points for direct perks but it changed I think 2 years ago.

 

[KAT4DISNEY]

I have 2 small VGF contracts, one 60 pt. and one 65 pt. I am hoping that if I eve have to sell one, it would still be of interest to someone being that this is a sold out resort. Would I be grandfathered in for the perks as a direct purchaser with a 65 pt contract ( or 60 pt. Which ever we kept)?

I believe you bought them before they set the requirement of 75 points so yes. You could keep either of them and be grandfathered in.