ROFR Thread Jan to March 2022 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[CaptainAmerica]

My friend just added some OKW yesterday when I told him.

I'd say that's probably premature given what we just saw at Bay Lake Tower. I can't imagine that's the last of those "limited time only insane add-on discount."

 

[mrsap]

Just checked the add-on tool (just trying to find any excuse not to get out of bed this morning) and pricing is still the same. My guide said he’ll be calling me this morning, so maybe they’re giving people a chance to pay at the old price before they jack it up?? I’ll keep you guys posted.

Quoting myself - They are now updated…

 

[Chia1974]

I'd say that's probably premature given what we just saw at Bay Lake Tower. I can't imagine that's the last of those "limited time only insane add-on discount."

We are probably going to see a whole new era of DVC resale market with this administration. I have two contracts I may want to sell but gonna watch the market for a little bit.

 

[JoeDisney247365]

I can't imagine that's the last of those "limited time only insane add-on discount."

This is my jam right here.

 

[hglenn]

I'd say that's probably premature given what we just saw at Bay Lake Tower. I can't imagine that's the last of those "limited time only insane add-on discount."

So when the fire sales come, are they only for current members as add-ons? And does that apply only to people with direct contracts? Or are they open to anyone?

 

[CaptainAmerica]

So when the fire sales come, are they only for current members as add-ons? And does that apply only to people with direct contracts? Or are they open to anyone?

It tends to be available for existing members and new members at the same time, but existing members get a better price. Existing resale owners would count as existing members for add-on pricing.

 

[Lorana]

That money doesn't just disappear, it's held in a reserve. More money in the reserve is more money to spend on upgrades and/or lower dues increases along the way to the next refurb.

Yes, but it doesn’t help the feeling that they’re sitting on our money not upholding their obligation to keep my resort maintained, meanwhile they continue to announce and complete returbs at other resorts outside of the usual schedule. We’re already three years delayed, with no announcement of when in 2022 it will start, I’m expecting to be told it will be postponed again. This is beyond ridiculous. It’s pretty clear BRV’s refurb is not being done *because* of the refurbs at VGF, PVB, and Contemporary, since they found supplies and workers for that - and they weren’t originally due for a refurb. They have an obligation to BRV owners and they’re failing to fulfill it. BRV is our original home resort and we’d really love to see it given some love. Or at least the love promised and long overdue.

 

[Chia1974]

So when the fire sales come, are they only for current members as add-ons? And does that apply only to people with direct contracts? Or are they open to anyone?

Add on incentives are good for all existing members. They are usually better than new members pricing.

 

[Hopfather28]

If they continue to take contracts in ROFR and continue to raise cost of direct I think they will close the percentage gap between direct and resale. If it gets to be under 20% and if they offer even remotely similar incentives when they open PVB2 then I'll be more than happy to sell my retail contracts and roll that into a direct contract for the max amount of points the proceeds can buy.

 

[mattpeto]

If this does to resale prices what I expect it to do to resale prices, I'm probably going to sell my current contracts and buy 300 direct in the next fire sale.

They got me. They effing got me. Well played, Bill, you crazy sonofabitch.

Just wondering what Direct benefit do you feel like you are missing out?

Discounts, Moonlight Magic, AP sales (MIA), or the 7 month window at Riv, new Poly (50-50 here), or DVC-next? I named a few things obviously, but none of those things are pushing me Direct.

 

[sjdrr1313]

Currently trying to sell a Saratoga contract. Wonder what this will do to price?

Well if you're priced well and people don't want to pay $200/point I'd say it will help you sell.

 

[CaptainAmerica]

It’s pretty clear BRV’s refurb is not being done *because* of the refurbs at VGF, PVB, and Contemporary...

That is not correct. I'm not any kind of grand "insider" but I know that's not correct.

 

[CaptainAmerica]

Just wondering what Direct benefit do you feel like you are missing out?

Discounts, Moonlight Magic, AP sales (MIA), or the 7 month window at Riv, new Poly (50-50 here), or DVC-next? I named a few things obviously, but none of those things are pushing me Direct.

If by DVC-next you mean the ability to book at Disneyland Tower and beyond... that.

 

[Lorana]

Just wondering what Direct benefit do you feel like you are missing out?

Discounts, Moonlight Magic, AP sales (MIA), or the 7 month window at Riv, new Poly (50-50 here), or DVC-next? I named a few things obviously, but none of those things are pushing me Direct.

For me, it’s primarily the ability to book at RIV, DLT and any new resorts - which may include Poly.

I also like the idea of being able to use the points if ever needed for Disney Cruise and Adventures by Disney. I *know* that’s a terrible use of points and presently we do rent points out and pay for them with rental income. But I like having options, especially if renting ever becomes a problem or the market dries up, to know that we have that option.

That said 2/3 of my points are resale, so our direct points won’t go far. But that’s why sometimes I am tempted to flip some contracts to buy direct, and may do that when PVB2 comes along.

 

[hglenn]

If they continue to take contracts in ROFR and continue to raise cost of direct I think they will close the percentage gap between direct and resale. If it gets to be under 20% and if they offer even remotely similar incentives when they open PVB2 then I'll be more than happy to sell my retail contracts and roll that into a direct contract for the max amount of points the proceeds can buy.

I totally agree - however, unless Disney is going to put in some "guaranteed buyback" clause (not going to happen) into their contracts, I think it'll come back to bite them. In the end, if owners don't feel like they'll be able to easily unload their contract if they need to (via resale) then I think people will be more reluctant to buy in or buy more contracts. The value to this program lies in the security of knowing that you have a high likelihood (no guarantee) of getting out of it when you're ready with a decent resale price. If direct becomes more appealing than resale on all fronts, then the resell contracts are completely devalued and the only option will be to sell back to Disney at a lower price... No competition.

 

[mattpeto]

If by DVC-next you mean the ability to book at Disneyland Tower and beyond... that.

That makes sense...

Is the consensus that DLT will be easier to book at 7 months than the current unicorn (VGC)?

 

[larry47591]

That makes sense...

Is the consensus that DLT will be easier to book at 7 months than the current unicorn (VGC)?

Not a chance

 

[Lorana]

That is not correct. I'm not any kind of grand "insider" but I know that's not correct.

I’m not sure I agree with you. Disney has rescheduled BRV’s refurbishment three times. They found the means to refurbish other DVC resorts outside of their scheduled refurb during the time they kept postponing BRV. They said they’d refurb this year; but they’ve scheduled no dates and it’s pretty clear looking at availability that they haven’t blocked out dates for the refurb this year. If they could do the other resorts, they could’ve done BRV. They didn’t. They also refuse to communicate with owners on this (I know; I emailed DVC Member Satisfaction on this in December and again a couple of weeks ago, and get responses telling me they don’t know but they did announce they would be and will let us know when they dk, but haven’t answered any of my questions regarding the delay or why other resorts are receiving refurbs ahead of BRV). It’s been almost 3 years, and we still have no information from Disney on when the refurb is taking place. If they can announce they’re refurbing SSR’s pool in Jan-Mar 2023, they could absolutely announce when they are refurbishing BRV in 2022. The fact that they have not - but they announce other refurb projects and new DVC projects - is telling.

 

[mattpeto]

Not a chance

I mean at least you'll only competing against Direct owners?

 

[sjdrr1313]

I'd say that's probably premature given what we just saw at Bay Lake Tower. I can't imagine that's the last of those "limited time only insane add-on discount."

So what are we thinking? best to keep looking for resale or hold off for the next firesale? I didn't really get to see what the BLT deal was, I was just getting my account set up and learning the ropes... I want to add on 75-100 points eventually but I still have enough bankable points from my loaded contract that should hold me over for a year or two until I really NEED the extra...