Except the point is there is voting members for each resort. Something happening negatively impacting members they should be voting to reject the budget and working to remove BVTC.
Another example is that does the management fee even have a cap? Is housekeeping required to go through Disney?
Point is seems like there would be lots of "leverage" if the voting members were working in best interest to make sure the Fee did not go in place.
Correct but that is a fee for a service across the membership. They can't charge for management and then charge just to make money on moving between resorts.
If they start charging for trading I would expect it would be cut back as a credit to the resorts where you traded in to or to membership as a whole.
Regardless it would be hard to prove cost to trading when the system is already setup for trading across all resorts with no additional cost on a transactional basis (its why you pay a management fee).
Doesn't mean they can just do whatever they want.
But again the voting should be in favor of owners interest. Now if its something small yes there is nothing you can really do (like balancing of seasons or moving trading from 7 months to 5 months).
That being said something like adding a fee I think would bypass a need to track down 60% of people and start heading to the courts.
Maybe someone who is a lawyer can comment but it would seem finding 60% of members who you have no information of would seem to be excessive to be able to enact protections.
DVCM is in charge of the property management agreement and it is with Disney. To remove Disney as property manager, DVCM would have to decide to,
In order for owners to removed DVCM as the management company for the condo associations, the POS is clear as to how it gets done and the voting process. While not a lawyer, I’d bet those legal requirements are pretty up to speed.
For BVTC, again, read the agreement with them and what the terms and conditions of that agreement. We may not like all of them, but again, we have hired them to run the DVC reservation component
I do think if they ever instituted a fee it would go back to the condo associations in some way and not be a windfall for the company.
However, I do think that DVD can definitely change the program to allow people to pay a fee to convert resale restricted points to non restricted,
Of course, DVCM needs to act in the best interest of owners, but every owner would define that differently and when they make decisions, we have to live with it.
I am not happy that returning borrowed points is still happening now resorts are opened. I am not a fan of some of the exceptions they made for individuals, given that many people are dealing with crisis right now. But, I am sure others are happy with it.
But, DVCM has decided they feel it is best for the system as a whole and owners so it’s being done. Again, the topic was about could they charge and the answer is yes, the BVTC and POS give them the ability to do just that.
