Polynesian’s Island Tower Boosts DVC Direct Sales in October 2024

[maui22]

I wonder how many of the sales were from the summer incentives? Many posted they had contracts pending and would close after Oct 1 came with next round of incentives. If they were better, contracts would have been rewritten.

PVB2 sales started October 1, but didn’t show up until October 15. I believe all Oct 1-14 deeds on county websites were September (or earlier) sales.

Even some (no clue how many) of the later October deeds on the county website would be from July-September (delayed closings).

What impresses me most is the total points for all properties reaching a level not seen since revenge travel.

 

[MonkeyKnifeFight]

I wonder how many of the sales were from the summer incentives? Many posted they had contracts pending and would close after Oct 1 came with next round of incentives. If they were better, contracts would have been rewritten.

PVB2 sales started October 1, but didn’t show up until October 15. I believe all Oct 1-14 deeds on county websites were September (or earlier) sales.

Even some (no clue how many) of the later October deeds on the county website would be from July-September (delayed closings).

What impresses me most is the total points for all properties reaching a level not seen since revenge travel.

I would think the SSR ones were because it was a really good incentive. Our Riviera contract with summer incentives almost closed in November, but they moved it up a few days and got it in before the end of October.

 

[DonkeyHoTay]

It’s easy to spend 1000 points a year…. most likely direct SAPs

SAP stands for "Sleep Around Points." When you buy cheaper points with less intent to use them at their home resort but instead "all around."

I think current SSR incentives are at $175pp for 1000 points - not too shabby for direct SAP.

 

[maui22]

Here is what I show for PVB deeds on the county website over the first month of deeds showing up (October 15-November 14). County is proofed documents through November 14. As of November 20, I have finished double checked through November 14. One holiday in there.
Started to see the new member purchases (October 29 and later) in the deeds as of November 13 (3 days worth).
885 deeds for 119,820 points.

10 FW deeds (weeks in parenthesis) for those dates.

• 4 Tower Studio SV (18, 39, 49, 50).
• 3 Tower Studio TPV (6, 44, 52)
• 2 Tower 1BR TPV (42, 50)
• 1 Tower 1BR SV (1)

Edit: updated - county proofed through November 14 and I ran a second pass on my data. I did have a mistake in my data (my eyes saw 25 point contract, but in reality it was a 26 points).

 

[maui22]

Anyone know how long people can delay closings for? Is it delayed over up to 3 monthly payments? Would that be 60-62 days or is that roughly 90 days for delayed closings?

Also, any thought on whether delayed closings have become more common over the years?

 

[SugarSweetLee]

Anyone know how long people can delay closings for? Is it delayed over up to 3 monthly payments? Would that be 60-62 days or is that roughly 90 days for delayed closings?

Also, any thought on whether delayed closings have become more common over the years?

We did 90 days. We made the original deposit and then 3 more payments at 30/60/90 days.

 

[supercarrie]

We did 90 days. We made the original deposit and then 3 more payments at 30/60/90 days.

So did we, and my guide told me that was the longest they could do at the time (in June 2024).

 

[CarolynFH]

any thought on whether delayed closings have become more common over the years?

I don’t recall seeing them mentioned here until the last few years, so I think they’re more common now.

 

[Jimmy Geppetto]

Anyone know how long people can delay closings for? Is it delayed over up to 3 monthly payments? Would that be 60-62 days or is that roughly 90 days for delayed closings?

Also, any thought on whether delayed closings have become more common over the years?

I was able to get 120 days on my last direct purchase.

 

[HyperspaceMountainPilot]

I was able to get 120 days on my last direct purchase.

All hail Jimmy Geppetto, king of the DVC sharks.

 

[Jimmy Geppetto]

All hail Jimmy Geppetto, king of the DVC sharks.

it was a simple ask followed by a return call 30 minutes later saying “yes no problem”.

Much easier than scoring a stellar deal on the resale market.

 

[maui22]

Here's what I show for November 1-19 (proofed by county).
415 deeds, 62,358 points.

Current pace puts it close to 100K for the month.

However, I'm just guessing it will not reach that for the following reason:
Data was distorted around 11/11 for the Veterans Day holiday. Comptroller staff apparently had the day off because no documents were recorded. Based on that, deeds data may be distorted again for Thanksgiving. Comptroller may have staff taking Friday after off, which means no data for 11/28 and possibly a slower amount of data entered by them on 11/29. 11/27 the day before a holiday are notorious for lower productivity as well.

Date	Deeds	Points	Favorite Weeks
11/1	47	6815
11/4	43	6227	#49 Studio SV
11/5	40	5472
11/6	16	2321
11/7	22	2805
11/8	13	1585
11/12	70	9877
11/13	32	5300
11/14	38	5891
11/15	21	4475
11/18	67	10407
11/19	6	1183	#12 1BR SV

 

[maui22]

Here's what I show for November (proofed by county). I had an issue with my excel data, so it is possible I lost some data.
584 deeds, 89,746 points.
November of 2024 was a bit of an anomaly because Thanksgiving fell on November 28. County was closed day after, so data was impacted. Many deeds (117 worth just over 19k points show up on December 2). Including a high number of delayed closing. Over 30 from first half of October which was the start of PVB sales to existing members.

I suspect early December to be strong because of the data that would normally be recorded end of November. However, I think we see a slowdown. Many will delay closings until after the next incentives are announced.

Date	Deeds	Points	Favorite Weeks
11/1	47	6815
11/4	43	6227	#49 Studio SV
11/5	40	5472
11/6	16	2321
11/7	22	2805
11/8	13	1585
11/12	70	9877
11/13	32	5300
11/14	38	5891
11/15	21	4475
11/18	67	10407
11/19	6	1183	#12 1BR SV
11/20	21	3306	#43 Studio SV
11/21	28	4830
11/22	21	3235
11/25	56	8993
11/26	10	1744	#49 Studio TPV
11/27	33	5280

 

[maui22]

For Dec 1-11 (county has only proofed through the 9th).

I show 256 deeds with 41,480 points.
Interestingly, county document 20240683180 shows another direct sale of points associated with a longhouse unit for 200 points.

Two FW deeds so far this month. Weeks 39 and 48 for a studio SV.

114 of the 256 deeds had a palm tree date of at least 28 days before they showed up in the county records. That’s 44.5% of the deeds that I have seen this month.

 

[maui22]

Just glanced at partial data for 12/12 (today) deeds. I see another one for unit 14 (OG PVB).

Oh, I forgot to mention they started using unit 88B for deeds. I think the first one was found on Dec 2 deeds.