There’s going to be a lot of excitement,and more prestige and cachet associated with

[Happy Birthday Cat]

Originally posted by tjkraz
I'm not sure how to interpret that. The first interpretation that pops to mind is that DVC would set their own "buy-back" prices. If you wanted to get rid of your contract hassle-free, you could go to DVC and they would buy it back for a set price per point, no questions asked.

If true, I'm sure the published rates would be lower than the current going rates for resales.

Is anyone reading this differently?

TJK: I'm reading it the same as you but I'm also getting the feeling that Disney is seeing all of the business that the re-sellers are doing and asking why aren't we cashing in on this? It could add to DVC cash flow as well as make for a lot of happy DVC members who want to buy at the sold out resorts but only through Disney. Think of all of those people waiting to pay $84.00 per point for the BCV and willing to pay Disney 9.75% interest on it for the next 10 years. :earseek

HBC

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[tjkraz]

Originally posted by Happy Birthday Cat
TJK: I'm reading it the same as you but I'm also getting the feeling that Disney is seeing all of the business that the re-sellers are doing and asking why aren't we cashing in on this?

I'm with you there. But if the premise is DVC establishing a fixed schedule for re-purchasing points, I can't imagine it would be very generous.

But, since I'm actually thinking this through as I type, one benefit would be removing the agent commission from the equation. Isn't commission something like 8-12% on resales? If so, maybe getting $65 per point for BWV from DVC, with no hassles, isn't much different than $74 with an agent involved. (Fictitious numbers, of course.)

I guess it all depends on where they set their buy-back rates.

 

[Bexx]

My first reaction is that certain times of the year could be difficult with DVC FOTL. The first two weeks of Dec. comes to mind, as does October and F&W. The difference is that there are far more people at WDW than Universal, so I wonder if this would be as successful.

The three Universal resorts total about 2400 rooms. So if every guest at each of those hotels gets FOTL access - the ratio of Universal guests to normal visitors is probably not much different to the ratio of DVC members to all other visitors at WDW. Please correct me if I'm way off here!! I think this would be a great idea, both for Disney and us. We get a special and really useful perk, which I can't imagine would be too costly for Disney to implement, and they get another selling point for DVC.

So, who do we write to?!

 

[Happy Birthday Cat]

FOTL would be great for us but lets face it, it is highly unlikely to happen. They won't even give us a discount on AP's! I could see them giving this to concierge level guests to get them to stay in the most expensive rooms, but just can't see it for the DVC captive audiance that we already are.

TJK: Good thought on the commission. That certainly does put it into a different perspective.

HBC

 

[jbwolffiv]

Although I too feel that it probably would not happen, FOTL would be a great thing. I am traveling with a 3 year old and want to go on M:S. I have to get an early fastpass so I can ride during our time in Epcot. If I did not get it right away I may have to wait hours to ride w/ a fastpass. I could always try the single rider line, but it would be nice to just get on the line and ride when it works for our touring. Just a thought.

 

[ralphd]

Originally posted by sitchu2
One thing that my guide informed me of the other day when I inquired about an add on is that DVC is making a priority of becomming more involved with resales. For a fee, they may take your re-sale, thus making it easier for owners to sell, trade, and have add on availability. He said this would become available in as soon as 2 months, or as far as 2 years. They are trying to iron it all out, and they project 6-8 months.

I hope they do get into the resale business. It will only help to lower the commission. DVD will still have to compete with the established resalers.

ralphd

 

[Johnnie Fedora]

Originally posted by ralphd
I hope they do get into the resale business. It will only help to lower the commission. DVD will still have to compete with the established resalers.

ralphd

Not sure I'm crazy about Disney squeezing out the other brokers. Disney could easily corner the DVC resale market then there would be no competition at all. Disney sets all the rules/prices. Take the "Mickey offer" or try sell it yourself (with our ROFR of course). If they want to take in trade, like swapping home resorts (for a fee) that may be OK. It is likely independent brokers would lose any direct battle as Disney can lure customer by offer financing and other incentive for purchasing through them.

 

[lehrsj]

Frankly I don't like the front-of-the-line perk and don't want to see it at Disney. I mean, when I purchase a Universal park ticket I expect that ticket is to view the sights and ride the rides. If a select group of other guests get to go to the front of the line that means I spend more time standing in line.

I think that devalues my ticket. I mean no where on the ticket I purchased did it say anything about be a second class ticket.

I just don't think it's fair to have a perk at the expense of other park guests. I mean the tickets cost more than $50 a day. Whether a person is a DVC member, staying on Disney property or staying offisite I think that $50 ticket should buy the same thing.

Now a perk like the extra moring hour is fine. It doesn't take away hours from guests not staying on Disney property. I don't like an extra hour at night because once again, it probably is just shortening the hours that would have been there for everyone. Over the years the hours have been shortened enough.

 

[WDW Lover]

Just my thoughts but... if Disney does get involved in the resale of DVC, it will be a benefit to the seller I believe, but not by anyone looking to buy at a "bargain". Disney isn't going to sell Saratoga at $95/pt. and resales at much less than that - they will most likely have a built-in commission in there as well. They really wouldn't gain anything by helping current owners out unless they themselves charged a commission. If they controll the resales as well, people looking to buy would be looking at spending probably pretty close to what the current asking price is on the new DVC memberships.

Look at it as being like buying a used car... if you buy from a dealer you pay way more than from a private party (I am calling the current resellers the equivalent of a private party). The dealership doesn't go much lower on the price than what they tell you originally - not much bargaining power - whereas if you buy from a private party, there is more dickering power. I see the DVC resales as being the same way - Disney sets a price on it, and you pay it or don't get a resale. They will control how much resales go for, and it will not be a bargain - hence either you pay a lot for a resale, or pay even more for a new membership.

Again, if you are looking to SELL, I think it could be a good thing (depending on how much Disney will charge you to sell your membership), but as far as buying goes, I don't think it will be as much of a deal as you get now. And I believe that Disney will be charging a commission just like the current resellers.. so there won't be any "savings" there either.

My opinion is that it won't be that much of a good thing. Just Disney trying to keep the prices of the membership high.