ROFR Thread April to June 2018 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[Whositsgalore]

75 points, I might go direct and split it up into three 25 point contracts or one 25 point and one 50 point contract. 100 points and the spread between direct and resale is greater. The AP’s thing is tough. How many years will you get AP’s? Will you always go 4-5x per year as kids get older? I know we won’t, sadly. We are going 3x within 12 months, and that is a crazy amount for us. After that, my DH is definitely taking a break. He gets “Disneyed out”. As kids get older, we will still go to WDW but will have many other trips as well. We want our kids to see the actual places in the world showcase. These are just some things to keep in mind when planning on always getting an AP every year.

Why would you split the points into different contracts, benefits etc...? Never thought of that.

 

[TexasChick123]

Why would you split the points into different contracts, benefits etc...? Never thought of that.

It is easier to sell smaller contracts, and they command a premium when reselling them. I know we all think we will hold onto our DVC forever, but life does happen. I like to know I can sell to get out, if need be. As long as you buy 75 points at the same resort with the same UY, then you are eligible for the benefits. For example, you buy 50 Dec BLT points and 25 Dec BLT points, then you get the benefits. However, if you buy 50 Dec BLT points and 25 June BLT points, then I don't believe you would be eligible. I think it has to be same resort and UY. I could be wrong about same resort if in the same UY though. Definitively check with a guide on this though! Don't take my word for it as I own no direct points and am simply grandfathered into benefits.

 

[TexasChick123]

ajjonesehc---$73-$23942-300-OKW-Mar-0/17, 323/18, 300/19, 300/20- sent 4/16, Buyer pays 2018 dues- taken 5/15.

We thought this one was a long shot to start with. Now off to find another one.

Sorry to see this. Looks like a good contract too. Well, on the bright side, you now have almost $24K freed up to go to Europe or something!!!

 

[ajjonesehc]

Sorry to see this. Looks like a good contract too. Well, on the bright side, you now have almost $24K freed up to go to Europe or something!!!

That would be one awesome European vacation!

 

[Bing Showei]

I could be wrong about same resort if in the same UY though.

Contracts of the same UY, titled the same, are grouped under one membership number. Three 25-point qualifying (direct) contracts from any resort under the same membership will qualify that membership for member benefits.

 

[KAT4DISNEY]

I've never talked to DVC directly, I would be interested to know what their direct price is for something other than CCV. More along the lines of SSR, OKW, AKL, BWV or BLT. I read somewhere on here that someone asked and initially they said they didn't have any but "magically" they found some.

DVCnews has a list of direct pricing that is usually up to date with discounts.

https://dvcnews.com/index.php/dvc-program/financial/pricing-a-promotions

In general, unless you're going to consistently go multiple times a year where AP's make sense - mostly the Gold AP - it isn't going to make financial sense to buy direct. Some caveats would be if you were interested in the newest resort where the difference between resale and direct was minimal or even non-existent. Or a small add on as those aren't always easy to find in the resale market. For SSR or OKW you're still going to find a price difference of $50/pt or more. With 100 points that's $5,000 and it would be quite a few AP's over the years to make up that difference. And there's no guarantees on what the discounts will be in the future, we just know what they are today. It was just 3 or 4 years ago that they even began offering the Gold AP. Before that it was a declining discount off the other AP's - in the $100-$150 range per AP. At that rate it was going to require approx 33-50 AP purchases to make up the difference.

Just to add - personally I would not split a 75 points contract which is already a small contract into anything smaller. A 75 or even 100 points contract will also sell pretty quickly. Back in the day when there were no restrictions on benefits and someone could purchase just a 25 point contract via resale and qualify for all benefits there was more value to the smallest contracts. But you'll pay a bit more on closing costs when you buy if you split and there will be more fees on the back end when you sell as each contract has some fixed fees per contract when sold. I did split to smaller back when there were no resale restrictions. Now I would have to be purchasing 150 point or more to consider splitting a contract.

 

[Whositsgalore]

Anyone else waiting on ROFR and already wanting to buy more points?

 

[NewbieMom]

Anyone else waiting on ROFR and already wanting to buy more points?

I just did! We're 8 days in ROFR, and just signed another contract. Will post details after I get confirmation it's sent to ROFR.

 

[Whositsgalore]

I just did! We're 8 days in ROFR, and just signed another contract. Will post details after I get confirmation it's sent to ROFR.

Clearly you're my spirit animal.

 

[JV63]

Anyone else waiting on ROFR and already wanting to buy more points?

Yup. We're at day 25 of our OKW ROFR so it's not looking good I would think. We saw a nice BCV we like but really need to wait just in case OKW gets through.

 

[Preacherroe]

Why is it, while waiting for ROFR, we're already wishing we had more points and looking for more contracts to buy? I never see anybody say they are afraid they're buying too many points.

 

[Preacherroe]

P.S. I'm actually kind of hoping my 1st attempt does not pass so I can go after a bigger one. Just being honest.

 

[ScubaCat]

Why is it, while waiting for ROFR, we're already wishing we had more points and looking for more contracts to buy? I never see anybody say they are afraid they're buying too many points.

Nah - they just end up like @pangyal which is why this thread only gets updated every 3 weeks now that she has 11.5 months worth of points.

 

[Bruin_mouse]

For example, you buy 50 Dec BLT points and 25 Dec BLT points, then you get the benefits.

The way the announcement was worded I agree with you, however, Member Administration told me that all 75 points have to be on one contract to receive member perks. It makes zero sense to me, but they make the rules.

 

[TexasChick123]

The way the announcement was worded I agree with you, however, Member Administration told me that all 75 points have to be on one contract. It makes zero sense to me, but they make the rules.

Hmmm...I was told otherwise. Granted, I have not actually attempted to do this, so I think it is best that people check with their guides/DVD to see that whatever they are considering makes them eligible for benefits. Disney should certainly know by now since it has been a few months. Then again, we never know with Disney.

 

[Bruin_mouse]

Hmmm...I was told otherwise. Granted, I have not actually attempted to do this, so I think it is best that people check with their guides/DVD to see that whatever they are considering makes them eligible for benefits. Disney should certainly know by now since it has been a few months. Then again, we never know with Disney.

I asked my guide the question, he clearly hadn't thought about it so he said he would ask Member Administration and get back to me. Of course he didn't so I called him after a couple days. My guide told me what MA had said but he said if I didn't agree call Member Administration. MA didn't hesitate at all in their answer. Granted, that was a couple weeks after the switch so maybe something has changed, but they sounded very sure this is the way it was going to be. That interpretation goes completely against the announcement but member perks do next to nothing for me so I didn't push the issue.

 

[ScubaCat]

The way the announcement was worded I agree with you, however, Member Administration told me that all 75 points have to be on one contract to receive member perks. It makes zero sense to me, but they make the rules.

Did you ask a bus driver?

The disclosure specifically says "...Members must accumulate a total of at least 75 Vacation Points purchased directly from DVD." If you call 5 times, you'll often get 5 different answers, but it's definitely 75 points total, not necessarily all within one contract.

 

[Bruin_mouse]

Did you ask a bus driver?

The disclosure specifically says "...Members must accumulate a total of at least 75 Vacation Points purchased directly from DVD." If you call 5 times, you'll often get 5 different answers, but it's definitely 75 points total, not necessarily all within one contract.

Again I don't disagree with your interpretation but MA does, which makes zero sense to me. I wish the bus drivers and disboard folks made the rules. The footnote to the story about MA showing me who's boss is that instead of "accumulating" 75 direct points I ended up accumulating 320 more points resale. I figured if they can interpret the rules however they want anyways, why play by them? I'll just keep my money.

Edited to add:

I actually posted about this saga right after it happened but at the time I got a collective yawn/shoulder shrug:

https://www.disboards.com/threads/75-point-direct-purchase-minimum-in-2-uys.3673011/#post-59021797

Looking back on it I'm much happier having bought resale points.

 

[KAT4DISNEY]

Again I don't disagree with your interpretation but MA does, which makes zero sense to me. I wish the bus drivers and disboard folks made the rules. The footnote to the story about MA showing me who's boss is that instead of "accumulating" 75 direct points I ended up accumulating 320 more points resale. I figured if they can interpret the rules however they want anyways, why play by them? I'll just keep my money.

Edited to add:

I actually posted about this saga right after it happened but at the time I got a collective yawn/shoulder shrug:

https://www.disboards.com/threads/75-point-direct-purchase-minimum-in-2-uys.3673011/#post-59021797

Looking back on it I'm much happier having bought resale points.

Verbage matters a lot. Under one Membership is what I believe it is - ie, 1 UY. I doubt it has to be under 1 contract though since it refers to accumulate. I remember that thread and thought it was about having the points under 2 UY's - ie, 2 memberships.

 

[ScubaCat]

Again I don't disagree with your interpretation but MA does, which makes zero sense to me. I wish the bus drivers and disboard folks made the rules. The footnote to the story about MA showing me who's boss is that instead of "accumulating" 75 direct points I ended up accumulating 320 more points resale. I figured if they can interpret the rules however they want anyways, why play by them? I'll just keep my money.

The official member disclosure that's filed and distributed is what matters, not what you're told over the phone. These things are simply a training and experience issue. It's way too much information for any one employee to know, let alone keep up with the constant changes, so these things just happen.

For instance, I called to renew the gold APs a few months ago and was told I wasn't eligible for the gold AP because I bought resale, which was not the case since I bought prior to the restrictions. The trick is to very politely escalate the issue and ask the person to verify with a manager, and 98% of the time it'll be resolved no problem. The other 2%, simply call back and speak with someone else.

You'll get used to this process over time and will learn to roll with it.