Resale Resorts Riv eligibility

[Wedgeout]

But that's just your opinion which I notice you like to post in every RIV thread. So we could say the only people who are uneducated are those buying resale with a half life at double the money they sold for originally. That's my point.

I resemble that comment
I did purchase a used classic with a limited warranty but worth every penny.

 

[Brianstl]

They will not. That language was not in the contract...which is the RIV POS. That was not changed.

The waiver document had an error in it but there Is nothing to suggest that that specific document would supersede the actual contract.

Basically, without the official change in the POS, current restrictions stand

Did they ever reveal which buyer’s document beside the waiver contained the same language? The original post from the broker makes it appear that the language was in multiple documents.

 

[Yinn]

Oh, come on now, is that a softball setup question --
You'd like that new color card to be "Rose Gold", wouldn't you !?

That's too rich of a color. Rose gold could be a premium membership some day.

It has to be something that wouldn't be of value to Disney. Vomit Green maybe.

So resale purchasers with the "16" in their contracts will or won't be able to use them at Riviera?

Wont.

 

[Mumof4mice]

Maybe they can make you a special new color of DVC card for confusing resale closing between 8/11 and 9/30. How do you feel about Belle yellow?

Grey Stuff grey fits the confused theme.

 

[limace]

So I am curious while the continued Riviera remarks always come down to the educated buyer.
AND NO I AM NOT SINGLING ANY ONE POSTER OUT

Do you mean they have a:
a) GED
b) High School diploma
c) College degree

So people are buying RIV and knowingly with restrictions and not all are first time buyers some of us are owners of other resorts but the high and mighty keep inferring we are uneducated? Lets stand back for a moment and think that maybe I just think your jealous of RIV owners should I continue to post it through every thread just like this one.

I ask because if a Riviera owner would constantly turn it around would the mods slap my wrists and yes I am no stranger to the wrist slap here.

Someone at Disney made a mistake and I know a lot of people would have loved it if the restrictions were removed from RIV but it was a mistake no one here can claim they are perfect afterall. It has nothing to do with who feels they are more "educated" than an other because they bought in or didn't.

Chill. No one is saying folks lack formal education, just that the majority of people haven’t “researched til their eyes bleed” which is what I recommend.

 

[Spark65]

You’re posts are so aggressive, please stop

Pot kettle proof read your posts sometime.

 

[Spark65]

Chill. No one is saying folks lack formal education, just that the majority of people haven’t “researched til their eyes bleed” which is what I recommend.

I am being a little facetious and chilled I am. "Eyes bleed" that's different, strong but different. Before buying anything a little due diligence is in order that's why Consumer Reports and other review sites exist because it makes sense and I am the king of researching for my own needs.

I will say it again the thread is about a mistake Disney made, a mistake, that all told many would have been in Utopia over but it was just a mistake. It's not thread drift either in the way the usual posters add the comments about RIV people being uneducated it baffles the mind and being challenged they become incensed.

 

[EM Lawrence]

I must have missed the original comment, but DVC’s business model is built on buyers making emotional, non-researched decisions and spending large sums of money in the process, often by taking on debt at high interest rates in order to do so. That is how all timeshares work. Most DVC buyers are not on these boards.

Shoot, we sat through a DVC sales pitch and we came *this close* to making an on-the-spot purchase, and we know better. They don’t apply high pressure, but they have a very good understanding of human nature and they make the most of it.

 

[we"reofftoneverland]

I must have missed the original comment, but DVC’s business model is built on buyers making emotional, non-researched decisions and spending large sums of money in the process, often by taking on debt at high interest rates in order to do so. That is how all timeshares work. Most DVC buyers are not on these boards.

Shoot, we sat through a DVC sales pitch and we came *this close* to making an on-the-spot purchase, and we know better. They don’t apply high pressure, but they have a very good understanding of human nature and they make the most of it.

Exactly. Their pitch is based on emotion not reason. And no one should feel badly about getting swept up into it. It’s exhilarating. But I’ve noticed there is a heavy dose of guilt involved in their marketing if you have children and I don’t like that. They pretend like there is reason, with their quick and easy analysis of “how much you are saving.” But if you are like dh and ask too many questions about that “savings,” you will annoy the guide. Lol. And yet when we walked away, after I had said, we will think about it, dh said, “I was ready to buy. Why did you say no?” So even the guy who got in a finance argument with the guide about his numbers and won wanted to buy direct. I thought I was the softy. I told dh to keep walking. We did not buy that day. After we got home we found out about resale. We bought a lot of resale. Then 6 months later we bought 75 points direct at a “cheap” resort for the blue card. BUT... if the guide had followed up with us, called us or sent a note or some trinket to our room at the Poly where we were staying, we would have purchased 300 points direct as our entry into dvc. Because even the guy with 3 advanced degrees who had “proven” the guide wrong about Dvc savings wanted to buy. Lol. Cracks me up to this day. That guide missed a selling opportunity!

 

[Sandisw]

Getting into a debate that is borderline not okay..and other mods may decide it should go..

Let’s get back to questions or the topic. At this point, we know that the paperwork is back the way it should be.

The waiver is not the contract and nothing was officially changed at this point.

Maybe changes are coming? Maybe someone made a mistake?

All we know is that if you buy resale or closed on your resale during the 6 week time period, you bought with current restrictions in place.

 

[RoseGold]

BUT... if the guide had followed up with us, called us or sent a note or some trinket to our room at the Poly where we were staying, we would have purchased 300 points direct as our entry into dvc. Because even the guy with 3 advanced degrees who had “proven” the guide wrong about Dvc savings wanted to buy. Lol.

I never sat through the pitch, mostly because who has time for that on vacation? But also because I fear smarter people than me have fallen for it.

Rose gold could be a premium membership some day.

@RoseGold will always be cheap, white card points. Or cheap gray stuff card with a RIVRESALERIVRESALE watermark, so everyone knows you are even below white card, or whatever the newest trash tier is, HAHA!

 

[TinkB278]

I hope this isn’t off topic but regarding those buying Riviera direct being uneducated....

I waited several years to buy DVC and researched the entire time I was waiting. I was going to buy AKV resale but then decided when doing the match of current AKV resale vs. $180/point direct I got for riviera, that if we bought gold APs every other year (but still going to WDW at least once per year) that the cost of resale and direct would be the same for a family of four after about 10 years. To me, that made direct seem like the right choice. Maybe I missed something when doing the math but it makes me feel like buying direct isn’t exactly a clearly impulsive decision like I always read about. Also, I feel like there’s no certainty about which new direct perks might be added down the line to make direct more appealing than resale. I know many people look at that point the other way around though and say that there are no guaranteed direct perks.

 

[ABE4DISNEY]

I have a friend who bought RIV direct during the presale... plopped down the cash for 500 pts (obviously sight unseen) and put ALL those points into ONE contract.

I had spoken previously to him about the resale market and buying smaller contracts. Btw, he is in finance so is quite educated and business savvy, but when it came down to it, he wanted what he wanted.

Now I would never do that because I am a bargain/treasure hunter, but I guess I am just saying that DVC is a perk, and we are all different with how we see it and value it.

 

[limace]

I definitely don’t think folks who buy direct are uneducated-I own some direct points myself. I just want everyone who buys-resale or direct-to read and read and ask questions until they completely understand the product they are buying and how to use it and the pros and cons. You see so many posts on the DVC FB boards by people who have spent tens of thousands on a direct purchase and don’t have the faintest clue how to use it-think they can’t book until their use year starts, for instance. And I also spend a lot of time on the TUG boards for timeshare users and it’s pretty heart breaking to see the number of people stuck with very expensive timeshares that they were pressured to buy and that are now worth nothing. I love that DVC has been a different product than this-my worry about the resale restrictions is that it’s a step in the direction of being like all those others and that makes me sad.

 

[Where'sPiglet?]

I got a survey from DVC today asking about my recent direct purchase, and some of the questions in there specifically asked me about what I thought of the Riviera Resale Restrictions (and one asked me if one of the reasons I bought CCV over Riviera was due to those restrictions). Perhaps Disney IS reconsidering it.

I think this survey may go out to anyone who had a purchase, whether direct or resale, since the survey did ask if I had purchased direct or via resale at the beginning. Alas, there wasn't a way for me to answer BOTH. ;-)

I got one as well. As a new direct member, I was surprised by how many questions were asked about resale restrictions. The timing of that is just very strange.

I got the same survey yesterday. I also was surprised about how many questions related to resale restrictions.

I indicated resale restrictions were part of my decision to not buy Riviera, but also used one of the "other" options to indicate the points per night price were too high for my taste.

That is obviously very subjective though. I also own at Polynesian and the point chart isn't as bothersome to me at that resort, but I like the Polynesian theming and location better than Riviera.

 

[AliceIn]

I hope this isn’t off topic but regarding those buying Riviera direct being uneducated....

I waited several years to buy DVC and researched the entire time I was waiting. I was going to buy AKV resale but then decided when doing the match of current AKV resale vs. $180/point direct I got for riviera, that if we bought gold APs every other year (but still going to WDW at least once per year) that the cost of resale and direct would be the same for a family of four after about 10 years. To me, that made direct seem like the right choice. Maybe I missed something when doing the math but it makes me feel like buying direct isn’t exactly a clearly impulsive decision like I always read about. Also, I feel like there’s no certainty about which new direct perks might be added down the line to make direct more appealing than resale. I know many people look at that point the other way around though and say that there are no guaranteed direct perks.

It probably makes a difference if you are a couple buying, vs. a larger family who will be buying passes for several people each year. The discounted AP perk is much more valuable to those people that it would be for a single person or a couple.

 

[E2ME2]

Grey Stuff grey fits the confused theme.

"Obfuscation Grey"!

 

[E2ME2]

I hope this isn’t off topic but regarding those buying Riviera direct being uneducated....

I waited several years to buy DVC and researched the entire time I was waiting. I was going to buy AKV resale but then decided when doing the match of current AKV resale vs. $180/point direct I got for riviera, that if we bought gold APs every other year (but still going to WDW at least once per year) that the cost of resale and direct would be the same for a family of four after about 10 years. To me, that made direct seem like the right choice. Maybe I missed something when doing the math but it makes me feel like buying direct isn’t exactly a clearly impulsive decision like I always read about. Also, I feel like there’s no certainty about which new direct perks might be added down the line to make direct more appealing than resale. I know many people look at that point the other way around though and say that there are no guaranteed direct perks.

I like your point about the benefits. Depending upon what year someone bought their direct points, and how much they've used the perks, there is definite value in obtaining that Blue Card "right place, right price, right time". We still had adult children living with us when we bought in. We bought discounted APs (there was a significant discount offered back in 2010-2011, that I have not seen repeated since) and, like you, used those APS for 2 annual visits, going late January in year one, and early January in year 2. And we timed our purchase late enough in the year that we received a full year's worth of points for no MFs, and we rolled them forward for years, maximizing each visit's length of stay.
To us, the direct purchase has been worth every penny. My DVC-tracking spreadsheet shows we recouped our costs in year 9 - YMMV.
We have also added on via resale, and are always looking to maximize the value of our DVC assets.
They truly are assets; every year when I meet with my personal CFP, he updates the estimated asset value of my DVC points, as part of my Net Worth calculations.
I don't feel compelled, as other posters have, to share my education levels with anyone, unless you're offering a paid position that I may be interested in.(Part-Time, of course, because I'm spending winters in Orlando in DVC resorts)

 

[Royal Consort]

But I’ve noticed there is a heavy dose of guilt involved in their marketing if you have children and I don’t like that. They pretend like there is reason, with their quick and easy analysis of “how much you are saving.” But if you are like dh and ask too many questions about that “savings,” you will annoy the guide. Lol. And yet when we walked away, after I had said, we will think about it, dh said, “I was ready to buy. Why did you say no?” So even the guy who got in a finance argument with the guide about his numbers and won wanted to buy direct. I thought I was the softy. I told dh to keep walking. We did not buy that day. After we got home we found out about resale.

We were researching DVC for over five years and asked many many questions of the first guide we spoke to but did not buy. We added on direct last year from a guide who I think was just learning. He left our profile on the screen where we could see the judgements of us from the previous guide. Ouch. We were 'time wasters' and asking far too many questions among others. The original guide in no uncertain terms was very grumpy at us for not buying according to the notes and wanted future guides to know. I even recall him telling us "i spent more time with you than I should". Glad we didn't buy the 250 points at Aulani he was pushing.

Disney did get a substantial sale from us for a FW at Riviera but sometimes its not always an immediate sale.

 

[ABE4DISNEY]

We were researching DVC for over five years and asked many many questions of the first guide we spoke to but did not buy. We added on direct last year from a guide who I think was just learning. He left our profile on the screen where we could see the judgements of us from the previous guide. We were 'time wasters' and asking far too many questions among others. The original guide in no uncertain terms was very grumpy at us for not buying according to the notes. I even recall him telling us "i spent more time with you than I should". Glad we didn't buy the 250 points at Aulani he was pushing.

No words...that's awful! So glad that didn't sour you on DVC.