What impact will "Crackdown on Members Frequently Renting Points" on resales?

[BrianLa]

With some rather large "commercial" renters out there what impact will this have on resales (volume & prices) if those points need to find "real" owners?

 

[airjay75]

A few thoughts. Ultimately, very hard to know how this will play out, but it is going to be fascinating.

Some of those "commercial" renters probably already have a lot of confirmed rentals in the next 11 months, and, since this change applies to bookings made after June 1st, they are probably very unlikely to sell any of those contracts until those pre-6/1/25 reservations are completed.

I imagine some of them are also waiting to see how this all plays out. Is this just some initial bluster by Disney and/or what is actual enforcement going to look like? If it looks more like bluster, they may keep going until they're told they have to stop or else. If Disney undertakes some actual, real enforcement, then they could start to conclude that the gig is up, and offload a lot of contracts.

Maybe we could see a slight uptick in resale contracts as people with extra points think, maybe I'd be better off unloading this contract before what might be an eventual dump of the commercial contracts in the next 6-12 months that could put downward pressure on resale prices. Maybe a few of the commercial contact holders have a few contracts they haven't rented out yet, and decide to offload those now as a hedge against potential action by Disney.

Just some thoughts. Personally, as someone who was doing some resale contract shopping last week, this seems like all the more reason to hold off for now and see how the dust settles.

 

[squeezeplay101]

I am curious as to how big a population of DVC is this "Commercial" renter community. Unless it is very large, I doubt it will move the needle hardly anywhere at all, in terms of resale or even getting high-demand rooms.

 

[AstroBlasters]

Already a thread on this: https://www.disboards.com/threads/d...read-to-discuss.3968373/page-17#post-66180101

 

[UrsulaWantsYourSoul]

@Sandisw

 

[VGCgroupie]

It will likely impact resales in the short term, but not at all resorts will impacted imo.

 

[disneylandtour]

With some rather large "commercial" renters out there what impact will this have on resales (volume & prices) if those points need to find "real" owners?

I'm pretty sure the large commercial renters were given a heads-up on this late last summer or early last fall. And this is why we saw that huge dump of AUL then SSR, with a little bit of BWV mixed in. I think the big dump already happened. Now the question is: how many of those "facebook" home business renters will give up their contracts? I think we're looking at a number far smaller than what happened last fall.

 

[disneylandtour]

Another question - any idea what Disney is trying to protect with this. From what was dumped on the market last fall, I'm guessing that Disney is particularly interested in creating more cash openings at AUL. Hotel sales are the center point of income for Disney in Hawaii. I have the feeling that Disney may be a little less concerned with Florida, as (1) attendance is down, (2) the main source of income is NOT hotel revenue, and (3) the level of dumping for WDW last fall was significantly lower than that of AUL. So I'm wondering if this is mostly a play to protect lost revenue at AUL? (Side note: the hundreds and hundreds of recently dumped AUL contracts is only going to extend the date by years when Disney finally sells out the DVC blocks at that resort. But I'm guessing that Disney is cool with that plan.). I'm also guessing that some chatter between Disney and the commercial/corporate renters indicated that the big issue was AUL, but again, only a guess.

 

[Sandisw]

All discussion is being kept in one thread. It’s linked above.