Resale restrictions, possible option by Disney?

[SL6827]

Do you think Disney will ever bar resale purchasers from staying at resorts that are not their home?

Surely if they did, they would grandfather in previous buyers, I would think.

 

[BillPA]

One could only hope.

 

[SL6827]

One could only hope.

Really? That would be a deal breaker for me to not buy in. To never be able to use my points at the World every once in a while, no go..

 

[_auroraborealis_]

I think BillPA was referring to grandfathering.

And I don't think they can. The problem with restricting resale to home resort only is that it means they can't ever switch, thereby restricting direct buyers' ability to switch.

 

[disneynutz]

If I remember correctly, they can change the 11/7 month dates but I don't think that they can lock out resale buyers. I'm sure that there are other ways to punish resale buyers, just not this way.

Bill

 

[SL6827]

If I remember correctly, they can change the 11/7 month dates but I don't think that they can lock out resale buyers. I'm sure that there are other ways to punish resale buyers, just not this way.

Bill

Hhhmm, ok. Hopefully none of this ever comes to pass. But if they were to ever cut down resale buyers timeframe in which to change resorts, say like 3 months out, that would be devastating.

 

[chalee94]

Do you think Disney will ever bar resale purchasers from staying at resorts that are not their home?

Pretty sure it's not even possible. Just a lie the salespeople tell nervous nellies to get them to pay extra to buy direct.

Think about it: if all the resale buyers at BCV can't trade out, then that also means that direct purchasers would be that much more limited if they ever wanted to trade into BCV.

It's just a scare tactic.

 

[supersnoop]

Do you think Disney will ever bar resale purchasers from staying at resorts that are not their home?

Surely if they did, they would grandfather in previous buyers, I would think.

Not legally possible. And seems to come up about every six months.

Not practically possible, either.

 

[SL6827]

Ok, thanks. Just wonder.

 

[Dean]

Not legally possible. And seems to come up about every six months.

Not practically possible, either.

Agreed though they could for new resorts but they'd have to make them a new system. They could do a VIP system that would decrease the chances of getting certain resorts though.

 

[SL6827]

As long as I have an opportunity to stay at SSR, AKL or OKW every now and then at Disney, I will be happy. Hopefully I will. I guess we need to stop, you know Disney reads these blogs.

 

[_auroraborealis_]

That's okay. I saw a rumor that a bus driver said resale would only be allowed to book at 6 months after direct buyers could change at 7 months...

(or something like.)

 

[zavandor]

That's okay. I saw a rumor that a bus driver said resale would only be allowed to book at 6 months after direct buyers could change at 7 months...

(or something like.)

I guess this is something they could do.
I may be wrong, but I think our contracts guarantee that:
- we can book other resorts in the Club as long our home resort is in the Club
- a home resort priority window for booking our own resort

But it doesn't explicitly say that non home resort booking window must be the same for everyone.

 

[Dean]

I guess this is something they could do.
I may be wrong, but I think our contracts guarantee that:
- we can book other resorts in the Club as long our home resort is in the Club
- a home resort priority window for booking our own resort

But it doesn't explicitly say that non home resort booking window must be the same for everyone.

As I've read the wording over the years and as this has come up before, I'm convinced they can't directly come up with a two tier system from a resort usage/reservation standpoint or anything that is contractual. What I think they could do would be a VIP system where part of the qualification criteria was having qualified points. What I'm not sure they can do is to do that retroactively and they'd still be limited on how they could implement it having to stay within what's allowed in the POS. The risk to members are in things like wait lists plus they would have a fair amount of latitude in the actual reservation process. To be honest, in reading the POS, even this direction is a stretch but I do know that other timeshares based in FL have done similar things after the fact and without successful challenge.

 

[_auroraborealis_]

I guess this is something they could do.
I may be wrong, but I think our contracts guarantee that:
- we can book other resorts in the Club as long our home resort is in the Club
- a home resort priority window for booking our own resort

But it doesn't explicitly say that non home resort booking window must be the same for everyone.

I am exaggerating the rumor. Slightly. It can be summed up as "it is so unfair that someone who bought resale can book Beach Club at 11 months and I can't get in ever at 7 months with my Poly retail points Disney MUst do something!!!!!"

 

[supersnoop]

But it doesn't explicitly say that non home resort booking window must be the same for everyone.

Yes, essentially, it does say that.

Only DVD can provide different perks for their cusomers. DVC cannot differentiate between owners.

 

[_auroraborealis_]

Again, if they change the non-home resort booking window for resale buyers, they de facto restrict where retail buyers can switch to at the non-home resort window. If the resale BLT owner cannot switch to AKV at 7 months, but has to wait until 6 months, the retail CCV buyer who wants to stay at BLT with the new baby cannot switch until 6 months if that BLT owner is able to switch to AKV.

I think an attempt to restrict resale buyers ends up rebounding on retail buyers. It also may impact the resale value of DVC and force Disney to own the resale market, essentially, either directly or via such aggressive ROFR it makes no difference anyway.

 

[Matty B13]

I also think that must DVC contracts will end up on the resale market over the 50 year length of the contract. How many 20'somethings can afford a DVC membership and also hang-on to the contract for the whole 50 years? If they start putting serious restrictions on the resale contracts for the booking windows, it will tank the prices in the resale market and will diminish the "value" of a DVC membership/contract. I know that we probably won't have bought a contract if it wasn't for the resale value of the contract, just in-case we had sell.

 

[chalee94]

If they start putting serious restrictions on the resale contracts for the booking windows, it will tank the prices in the resale market and will diminish the "value" of a DVC membership/contract. I know that we probably won't have bought a contract if it wasn't for the resale value of the contract, just in-case we had sell.

An awful lot of people are dumb though. They will pay tens of thousands of dollars and never stop to think about what would happen if they needed to sell.

I don't think Disney cares a whit about resale value. Cheap resales just means cheaper ROFR costs so long as they can still resell it directly. There are a lot of timeshares for sale on ebay for $1 where the developer can still rack up sales to direct buyers for thousands.

 

[Matty B13]

With all the knowledge on the internet nowadays it it getting tougher on direct sales. In our family's case we started researching DVC membership, which lead to DVC resale contracts, and then (thankfully) to Disboards and all the great knowledge on this forum. We were 50/50 on weather to buy a DVC membership at all, and once we found out about the resale market for DVC contracts and how the values of the contracts have held up if not gone up over the years, that is what sold us on buy-in to DVC. It is a lot of money to "invest" into something, and anyone with any finical sense would do some easy research on the internet before buying in. I know that DVC wants the direct sale, but they shouldn't be so dismissive of the resale market, and what value that it brings to their product.