ROFR Thread April to June 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[disneyforsix]

The average contract size bought for VGF2 direct was 160 points. At that range, you're only getting $6 off the regular price of $207pp.

That specific stat maybe somewhat skewed considering many owners may have split their larger point purchases into smaller contracts. I know I did (and was able to get the owner pricing with the larger discount), so that I have multiple 100 point contracts vs one large one in case we choose to sell or divide between our kids.

 

[HIRyeDVC]

That specific stat maybe somewhat skewed considering many owners may have split their larger point purchases into smaller contracts. I know I did (and was able to get the owner pricing with the larger discount), so that I have multiple 100 point contracts vs one large one in case we choose to sell or divide between our kids.

you're probably right. I Just took the average from all the points sold divided by the number of contracts. you're point would provide basically zero discounts, and yet, more people are choosing to buy direct. I'm not saying that this is the end of resale. I'm only pointing out that the resale restriction FOMO tactic might be working in Disney's favor which will lead to the resale restrictions not going away.

 

[CaptainAmerica]

That specific stat maybe somewhat skewed considering many owners may have split their larger point purchases into smaller contracts. I know I did (and was able to get the owner pricing with the larger discount), so that I have multiple 100 point contracts vs one large one in case we choose to sell or divide between our kids.

That is extremely uncommon.

It's smart, but it's extremely uncommon.

 

[disneyforsix]

That is extremely uncommon.

It's smart, but it's extremely uncommon.

Perhaps - but for pre-sales at least, I can see it being more applicable since prior owners may have a better understanding of when and why to do that. A little more on the closing costs = larger combined discounts and more flexibility in the future if needed.

But agreed - I don't see that happening so much with new owners.

 

[Cyberc1978]

That is extremely uncommon.

It's smart, but it's extremely uncommon.

Its uncommon for new members but for current members it’s not. I got 200 points and split them in 4 equals size contracts.

 

[DKZB]

That is extremely uncommon.

It's smart, but it's extremely uncommon.

I imagine it is certainly uncommon for the new, direct-only buyer but the type that are more educated to the nuances are probably far more likely to do it. If you are adding on 150 or less it probably doesn't make sense but for me, I split 300 into 125 (for the luggage)/75/50/50. I would show at an average of 75 even though its a discount for 300 @ $179pp.

There is a very fair point that resale restriction can drive purchases at non-restricted properties. The $179 direct is only worth it to me BECAUSE of resale restrictions on RIV and future. I'm never going on a cruise or trading out to any of the other bad point deals. I already get my discounts through an AP. They have stripped enough "perks" out of DVC in general that the ONLY reason left to buy direct is resale restrictions on other resorts!

 

[heather2328]

heather2328---$138-$18500-125-RIV-Apr-0/21, 67/22, 125/23, 125/24- sent 5/18

 

[Stargazer65]

heather2328---$138-$18500-125-RIV-Apr-0/21, 67/22, 125/23, 125/24- sent 5/18

Brand new resort and it's selling below SSR. Good deal for Riviera folks.

 

[dmcfa2504]

Our 4/20 contract just passed today (5/18). Good luck.

Inching closer to the 26th!

 

[DVChris]

DVChris---$160-$37804-220-CCV@WL-Jun-0/21, 440/22, 220/23-Two contracts, combined closing costs- sent 4/13, taken 5/18

 

[CaptainAmerica]

Its uncommon for new members but for current members it’s not. I got 200 points and split them in 4 equals size contracts.

I imagine it is certainly uncommon for the new, direct-only buyer but the type that are more educated to the nuances are probably far more likely to do it. If you are adding on 150 or less it probably doesn't make sense but for me, I split 300 into 125 (for the luggage)/75/50/50. I would show at an average of 75 even though its a discount for 300 @ $179pp.

There is a very fair point that resale restriction can drive purchases at non-restricted properties. The $179 direct is only worth it to me BECAUSE of resale restrictions on RIV and future. I'm never going on a cruise or trading out to any of the other bad point deals. I already get my discounts through an AP. They have stripped enough "perks" out of DVC in general that the ONLY reason left to buy direct is resale restrictions on other resorts!

The average ROFR thread poster is smarter and better informed than 99% of DVC members.

 

[Ginamarie]

This is why there are so many resale listings not being bought. Everyone is buying direct! Disney sold 310,866 points in April, the most since 2013. Yes, it's mostly from VGF2 sales but Riviera also had a strong month, selling 93k+ points, the strongest since before the pandemic. Disney strategically exercising ROFR and giving massive incentives on active resorts is squeezing the resale market.

https://dvcnews.com/dvc-program/fin...-help-drive-strong-direct-sales-in-april-2022

It’s the incentives program. I looked twice at buying GFV and I wasn’t even looking to own there!

I’m not sure it will last unless they start offering some new incentives programs (they’re buying enough contracts that they probably can do this!)

 

[BeachClub2014]

People are choosing to buy VGF2 direct BECAUSE VGF2 falls under the old condo association.

People hate the resale restrictions. Disney introduced them to crack down on resale but they stepped on their own toes and made RIV direct unappealing instead. Now that people have a non-RIV option that isn't Aulani, they're flocking to it.

People are likely buying VGF2 because they like the resort and it was offered at a great price with decent incentives.

There is no actual evidence to suggest that people buy VGF over RIV because of restrictions. That's a popular theory here, for sure. There's probably ten other independent variables as to why someone chooses to buy one resort over another.

I think it is still wishful thinking to assume the restrictions are going away any time soon.

 

[Sandisw]

Lol VGF outselling RIV 2-to-1.

Bye, bye resale restrictions (and hello Poly 2 being an expansion of PVB rather than its own association).

And it warms my heart that they only sold 3 BCV contracts.

Except new buyers made up only 43k of sales. While we don’t know how many of the 93k in RIV sales were new, I’d bet it was similar if not more because we know current owners don’t like it.

So, not sure it’s a slam dunk yet that restrictions need to go. Need a few more of info that doesn’t include any data from a month solely for current owners

 

[1stTimeLongTime]

Waiting on disney for the member id after closing on a contract... cannot login to see availability in the first week of august... can anyone offer insight on what is available that first week of august?

 

[DKZB]

Waiting on disney for the member id after closing on a contract... cannot login to see availability in the first week of august... can anyone offer insight on what is available that first week of august?

I use https://tools.dvcvacations.com/points-calculator
I find it is a pretty good tool.

 

[The_MT]

Waiting on disney for the member id after closing on a contract... cannot login to see availability in the first week of august... can anyone offer insight on what is available that first week of august?

I'm happy to look. You can send me a DM with room type and resort that you're looking for.

 

[HIRyeDVC]

It’s the incentives program. I looked twice at buying GFV and I wasn’t even looking to own there!

I’m not sure it will last unless they start offering some new incentives programs (they’re buying enough contracts that they probably can do this!)

I don't think it will last either. The way the economy and the markets are heading, Disney (and resale sellers) will be hard pressed to find many buyers with cash lying around.

 

[1stTimeLongTime]

I use https://tools.dvcvacations.com/points-calculator
I find it is a pretty good tool.

Thank you!

 

[JKS DVC]

JKS DVC---$125-$15760-120-AKV-Jun-0/21, 166/22, 120/23-seller pays 2022 MF- sent 4/20

JKS DVC---$125-$15760-120-AKV-Jun-0/21, 166/22, 120/23-seller pays 2022 MF- sent 4/20, taken 5/17

Now to decide if I should bid on another AKV contract or just wait it out for VDH direct...I'm a yearly Disneyland vacationer, but like the idea of having something smallish for Disney World every 2-3 years or so. Decisions, decisions.