Since June 1974
- Jun 11, 2012
Full price as of when?why should people buying resale get the same benefits as people paying full price?
When BLT was actively being sold, it was $112 per point, with discounts bringing it to, IIRC, $93 per point. That was in 2009.
When I bought a BLT resale contract in 2017, it was $112 per point, and that was considered to be a bargain at the time.
Today, BLT resale is $143 per point.
So, to recap, DVC got $93-112 per point when it was sold at "full price". Subsequent (resale) purchasers paid original purchasers more for it. Every owner has paid the full maintenance fees.
DVC devalues the resale experience in order to "double dip" by reselling points they acquire through foreclosure, default, and ROFR. They do this by using marketing funds to offer "membership extras".
The introduction of booking restrictions on resale L14 booking Riviera and Riviera resale only booking at Riviera is the first restriction that directly attacks the notion that "all points are the same at 7 months", which has been a key part of DVC since the second resort was opened. DVC has moved from adding things to entice people to buy direct, to actively sabotaging the resale market with restrictions.
Disclosure: I have direct points, and resale points, all at BLT.