The VGF 2 pricing thread

[smmora]

My developer credits were not properly allocated between my multiple contracts either, but apparently QC caught it and rewrote the contracts prior to sending them to me. This resulted in a delay in the delivery of the contracts. My guide did a good job of letting me know about the error.

What are the developer credits?

 

[JoeyPeligroso]

What are the developer credits?

For these contracts, they are essentially the discounts applied to the current advertised price of $207 per point.

 

[Einstein509]

I just toured the VGF resort studio. It is bigger than it looked in the video. It definitely would be large enough for a family without feeling cramped.

While I love a walk in shower, the bathroom could work without issue.

Still not a fan of the couch not facing the TV but on a solo trip the second bed would do as it just is a spacious room.

Definitely silly to not have put in the small microwave as the shelf would have been big enough for it.

But, I realize that with the way I do my split stays, I could book two of these and if guests don’t join me, cancel one and not spend the points for the 1 bedroom which I do t need when I am only doing one night.

I plan to try it in July! Honestly, compared to the 1 bedroom, unless you will really use the kitchen, getting connecting rooms is a nice option for a family and give lots of sleeping space.

Oh, and a new print!

Is the print the "gift" they give you for coming to take a look at the room?

 

[Nabas]

Is the print the "gift" they give you for coming to take a look at the room?

Yes, this is it:



We went because we genuinely wanted to see the room, didn't even think to ask for this as we were leaving. But the guide handed these to us anyway.

 

[DKZB]

I spoke with my guide 3 days ago to correct the documents to remove the title insurance and correct the credits. I emailed yesterday to confirm it was actually submitted. I got an email back today saying it was submitted but would take a few more days for me to receive revised docs!

I'm not in a rush but is it really taking 5 days to get docs?

 

[tidefan]

Yes, this is it:

View attachment 653332

We went because we genuinely wanted to see the room, didn't even think to ask for this as we were leaving. But the guide handed these to us anyway.

Yep. We got them when we walked through as well. Wasn’t overly impressed with the new rooms.

 

[lorie13]

For smaller contracts under 125 points the the $27 savings might be worth it, but there are two other factors to look at that will reduce that amount. Resale closing costs are higher than direct contracts by $2 - $3 per point and most sellers want to be reimbursed for dues for the 2022 year if the contract is coming with 2022 points, which is $7.01 per point. With a direct purchase your 2022 dues are pro-rated to when the new rooms open (middle of June) or if your UY is later, say August, you only pay for 5 months of the 12 months. So at maximum you will only pay half of this years dues, that is another $3.50 per point. The $27 now could be reduced to $20 a point. Staying at Riviera my not be a care at this time, but it is every new resort going forward, this would include the new Disneyland resort for next year and what ever else is in the future plans. A person than must ask themselves is a less than 10% savings worth it for a resale purchase? Making a choice to buy direct or resale just takes doing ones due diligence and then making the best decision for oneself and family.

But the $180 price point still represents a $27 savings over direct. For people who don’t care about Riviera and are looking to save money on smaller point contracts, it could still be a viable option. And that $207 direct price will not last for long.

 

[Disneycouple99]

Just received documents from Disney 6 days after talking to our guide.

 

[TinkB278]

Can someone who has toured the new rooms comment on how blue the walls are? Some photos show them as a nice grey blue, but others show robin egg blue. I don’t know if I can stomach the rooms if it is robins egg.

 

[JoeyPeligroso]

I spoke with my guide 3 days ago to correct the documents to remove the title insurance and correct the credits. I emailed yesterday to confirm it was actually submitted. I got an email back today saying it was submitted but would take a few more days for me to receive revised docs!

I'm not in a rush but is it really taking 5 days to get docs?

5 days seems a bit long. It may be good to get in touch with someone from Quality Assurance if you are not confident that the documents are being prepared appropriately.

 

[Paul Stupin]

For smaller contracts under 125 points the the $27 savings might be worth it, but there are two other factors to look at that will reduce that amount. Resale closing costs are higher than direct contracts by $2 - $3 per point and most sellers want to be reimbursed for dues for the 2022 year if the contract is coming with 2022 points, which is $7.01 per point. With a direct purchase your 2022 dues are pro-rated to when the new rooms open (middle of June) or if your UY is later, say August, you only pay for 5 months of the 12 months. So at maximum you will only pay half of this years dues, that is another $3.50 per point. The $27 now could be reduced to $20 a point. Staying at Riviera my not be a care at this time, but it is every new resort going forward, this would include the new Disneyland resort for next year and what ever else is in the future plans. A person than must ask themselves is a less than 10% savings worth it for a resale purchase? Making a choice to buy direct or resale just takes doing ones due diligence and then making the best decision for oneself and family.

I actually agree with you. For me, at these current direct prices, the relatively small resale savings isn’t worth it. I love staying at Riviera, and that ability alone is for me worth the direct price. I also value the ability to stay at future DVC resorts, and don’t want to get shut out of the 2042 resorts when they’re remodeled and resold in twenty years either.

 

[Sandisw]

Can someone who has toured the new rooms comment on how blue the walls are? Some photos show them as a nice grey blue, but others show robin egg blue. I don’t know if I can stomach the rooms if it is robins egg.

I thought it had a grayish hint to it as I have a lighter blue in my own home and it’s not that.

 

[TinkB278]

I actually agree with you. For me, at these current direct prices, the relatively small resale savings isn’t worth it. I love staying at Riviera, and that ability alone is for me worth the direct price. I also value the ability to stay at future DVC resorts, and don’t want to get shut out of the 2042 resorts when they’re remodeled and resold in twenty years either.

I also agree with this. Resale prices have gotten so high that it’s not worth saving just a few thousand to me and having restricted points.

 

[Red Dog Run]

I asked a broker about the GVF resale market, and he noted that most owners are waiting out to see how things unfold when the resort goes on sale to the public. There was a family selling a contract for $190 a point compared to the direct pricing of $199. I made an offer and they countered with $195 a point haha. The broker agreed they are unrealistic, but it's within their right to wait and see, which I understand!

I offered 175 on a GF March for 100 pts. Was told the owner was not interested in reducing the contract at this time.
I then went direct for 125 before the incentives are gone. At least these direct are usable at RIV and new resorts. Already had a blue card from OKW direct when 100 pts was the requirement.

 

[KAT4DISNEY]

I also agree with this. Resale prices have gotten so high that it’s not worth saving just a few thousand to me and having restricted points.

Resale has always been about about saving "a few thousand". If it's important then it remains the same. I'd actually say it's more important as DVC direct has gotten higher and higher. There are contributing factors about where you want to stay etc but the savings part has not changed.

 

[gkrykewy]

Went back to our guide today and updated our purchase from 150 points to 200 points for the stronger incentive, since he said we would still keep our travel set .

 

[lorie13]

Are they re drafting the contract, or adding another contract. We did 125 point contract this week and now I am thinking should have gone to 200 points.

Went back to our guide today and updated our purchase from 150 points to 200 points for the stronger incentive, since he said we would still keep our travel set .

 

[TinkB278]

Resale has always been about about saving "a few thousand". If it's important then it remains the same. I'd actually say it's more important as DVC direct has gotten higher and higher. There are contributing factors about where you want to stay etc but the savings part has not changed.

Well if I remember right, a lot of brokers advertise a savings of around 40% on resale. For the resorts I’ve been looking at, the savings is nowhere close to 40%. A few years ago the difference between resale and direct seemed to be much larger.

 

[gkrykewy]

Are they re drafting the contract, or adding another contract. We did 125 point contract this week and now I am thinking should have gone to 200 points.

They are voiding and redoing the contract.

 

[SleeplessInTO]

Well if I remember right, a lot of brokers advertise a savings of around 40% on resale. For the resorts I’ve been looking at, the savings is nowhere close to 40%. A few years ago the difference between resale and direct seemed to be much larger.

I believe they come up with the 40% based on the direct price from Disney, with no incentives. This is based on one broker's Feb 2022 average sale prices.
https://www.dvcresalemarket.com/blog/dvc-resale-average-sales-prices-for-february-2022/