Qualifications for existing DVC member question

[Troy821]

I recently closed on my first resale contract and am considering buying direct at Riviera. There are better incentives for DVC members than non members. Is there a period of time you have to be a member to receive the incentives and do you have to be a direct purchase member to receive the incentives? Thank you for your help in advance!

 

[sethschroeder]

Who said direct gets better incentives? Haven't heard of that before on this board.

 

[FFMickey]

I believe you just have to be a current member in good standing to get the incentives. There's no waiting period that I know of. You just need to have your membership number in hand and DVC will match the Riviera contact to that UY.

 

[Troy821]

I must not have been clear. Sorry. Current DVC members get better incentives than someone who isn’t a current DVC owner. I want to know what qualifies you as a current member and for how long you have to be one.

 

[Troy821]

I believe you just have to be a current member in good standing to get the incentives. There's no waiting period that I know of. You just need to have your membership number in hand and DVC will match the Riviera contact to that UY.

The sales agent I have spoken with didn’t mention anything to me. And she knows I am just waiting for my membership number now. And I just came across the DVC member incentives and wondered if I qualify after I get my number.

 

[Katie L]

There are different incentives for existing dvc owners? Do you know what they are?

 

[FFMickey]

Here's the current incentives according to DVCNews. As you can see, existing members get slightly better incentives than new members.
https://dvcnews.com/index.php/dvc-p...-points-or-price-reduction-on-direct-purchase

 

[Troy821]

There are different incentives for existing dvc owners? Do you know what they are?

DVCnews.com has an article from June 6 that shows the differences.

 

[zavandor]

So, let's say I'm not a member and I want to buy 350 points.
I can buy 350 immediately and get $2820. Or I can buy 100 points, wait for the membership number (a few days), then buy the remaining 250 and get $3760 credit. I would pay closing costs twice, not sure how much they are, but splitting the purchase into smaller contracts has its own advantages, I would buy 100+100+150 anyway.

 

[crvetter]

So, let's say I'm not a member and I want to buy 350 points.
I can buy 350 immediately and get $2820. Or I can buy 100 points, wait for the membership number (a few days), then buy the remaining 250 and get $3760 credit. I would pay closing costs twice, not sure how much they are, but splitting the purchase into smaller contracts has its own advantages, I would buy 100+100+150 anyway.

Well actually you wouldn’t even need to wait a few days. If you buy a weekday you’d get the membership number that day normally. Closing costs are 400-800 per contract about. Depends on financing and size of contract.

 

[zavandor]

Well actually you wouldn’t even need to wait a few days. If you buy a weekday you’d get the membership number that day normally. Closing costs are 400-800 per contract about. Depends on financing and size of contract.

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