IF there are such changes it would almost certainly EITHER grandfather all members or none of them but it would not have to do so. IF any system were based on how many points you owned, that would split the membership in other ways. Marriott's new system not only differentiated between those who had bought resale in the past, it put all members on the outside looking in unless they ante'd up some $$$.
It depends. IF changes were made along these lines they would likely either segregate the points into each class or count you as retail buyer. However, as I noted, there's no guarantee that being a retail buyer will give you all options going forward IF changes were made. I am aware of at least 2 systems where they have limited options even to those that were retail buyers. Also, IF changes did occur, it's very possible one could move into the inner group with an additional minimum retail purchase.I wonder how this would be handled in our situation: We initially bought a small resale contract, but since have added on twice directly through Disney.
ROFR has only been effective for resorts that were in demand and had a significant underlying resale value. The economy has changed those rules. ROFR has never been effecting in forcing prices far higher, only in tweaking them up a tad AT BEST. Some systems that have ROFR don't even enforce that you jump through hoops to sell and most don't exercise the right. I'm sure in retrospect they wish they had created a have/have not system from the start. Much easier to do it then than change midstream.
Sorry just kidding around. 
I don't think they can do it, simply because it devalues the entire offering for all - plain and simple. It's the old adage cut of your nose to spite your face.
One of the incentives for buying DVC is the fact that it has value to others and therefore can be transferable, providing a reasonable rate of return.
By restricting some of its customers for wanting in at a lower rate (i.e. re-sale), Disney will be highlighting more of the obvious; the value just isn't there right now for their product.
If the value was there Disney would be exercising their first right of refusal left right and centre, but clearly they don't, because the value is not there.
Strategically, should they do this, I see this as short term move of stupidity, again to the detriment to all points holders, present and future.
For example it would be like an auto dealer who entices you to buy their vehicle because it offers incredible resale value. But then you find out that in fact the value isnt there even the dealer doesnt want to buy it back from you, and if actually CAN find someone else to sell it to the dealer wont honour the original warranty or service agreement simply because theyre being petty because they cant enough new vehicles off of their lot. YES that prospect really entices me to want to buy (sorry just a little sarcasm there)!
In truth if DVC did such a thing, I certainly wouldnt buy direct they would be untrustworthy in my opinion.
Moreover if people think the re-sale point market is overselling now I say just give this rule a chance, watch the prices drop, and drop hard in my opinion. Which again in my opinion, makes Disneys job to entice direct sales even harder. Everyone loses. The new magic of Disney?
Seriously though, I see such a move turning into a vicious circle ... almost deflationary like to the entire point market both re-sale and direct.
Sorry dont mean to be Mr. Doom and Gloom.
Cheers,
I don't think they can do it, simply because it devalues the entire offering for all - plain and simple. It's the old adage ‘cut of your nose to spite your face’.
I responded to your identical post on a similar thread HERE. I'll simply add that Chuck is absolutely correct. Their goal (DVD) is and should be to make money on the timeshare system. DVC is then tasked with managing that sale once it happens. OF course there's a minimum standard but that bar is not nearly as high as many here would like to think. I also think it's ironic that you compared timeshare to used cars, in many ways I'd agree, esp from a sales standpoint. To hold they have a responsibility to protect resale value is simply incorrect.I don't think they can do it, simply because it devalues the entire offering for all - plain and simple. It's the old adage cut of your nose to spite your face.
One of the incentives for buying DVC is the fact that it has value to others and therefore can be transferable, providing a reasonable rate of return.
By restricting some of its customers for wanting in at a lower rate (i.e. re-sale), Disney will be highlighting more of the obvious; the value just isn't there right now for their product.
If the value was there Disney would be exercising their first right of refusal left right and centre, but clearly they don't, because the value is not there.
Strategically, should they do this, I see this as short term move of stupidity, again to the detriment to all points holders, present and future.
For example it would be like an auto dealer who entices you to buy their vehicle because it offers incredible resale value. But then you find out that in fact the value isnt there even the dealer doesnt want to buy it back from you, and if actually CAN find someone else to sell it to the dealer wont honour the original warranty or service agreement simply because theyre being petty because they cant enough new vehicles off of their lot. YES that prospect really entices me to want to buy (sorry just a little sarcasm there)!
In truth if DVC did such a thing, I certainly wouldnt buy direct they would be untrustworthy in my opinion.
Moreover if people think the re-sale point market is overselling now I say just give this rule a chance, watch the prices drop, and drop hard in my opinion. Which again in my opinion, makes Disneys job to entice direct sales even harder. Everyone loses. The new magic of Disney?
Seriously though, I see such a move turning into a vicious circle ... almost deflationary like to the entire point market both re-sale and direct.
Sorry dont mean to be Mr. Doom and Gloom.
Cheers,
Zebsterama
I wonder how this would be handled in our situation: We initially bought a small resale contract, but since have added on twice directly through Disney.
