What's the deal with add-ons???

[tjkraz]

OK, I don't get it...

They do away with the waiting list, which means that Guides now need to check daily for available points to help satisfy members. As I understand it, the idea was that if the points weren't available right away, the member doesn't get the add-on.

But, if I REALLY wanted an add-on, I'd simply call my guide every day and ask him/her to check again. More than anything, this sounds like it's creating a lot more work for the Guides.

I realize they want to sell more SSR and that add-ons probably aren't profitable for DVC. But it seems like all they've created is mass chaos.

If DVC stops exercising ROFR, then they are going to start running short of people wanting to pay $95 per point at SSR--even with the extra 12 years. Unless they are starting to market to recent college graduates, the DVC I contracts would still take the youngest of us well into our 60s.

I could see them trying to de-emphasize DVC I in another decade or so, but I think it's still much too early for that.

Can anyone make sense out of this other than categorizing it as a "philosophical decision"??? Am I missing something?

 

[Stitch 03]

I think you are just seeing some posturing going on. I think that Disney will continue to exercise ROFR as much in the future as they did in the past. They no better then to allow the re-sell rate to drop. What they are doing though is convincing people to add on to SSR.

Old Scenario: Member asks for add-on at DVCI resort. Guide says you have to go on waiting list as nothing is available. Member goes on waiting list until request comes available.

New Scenario: Member asks for add-on at DVCI resort. Guide says not available and no waiting list available, however we have this shiny new resort with twelve extra years called SSR. Member says ok.

Obviously not everyone will go with SSR. Some will pursus DVCI through re-sale or pester their guides daily. But Disney feels that by changing this process enough would be steered to SSR.

At least this is my opinion.

 

[Poorman]

I believe they will have the points,they have to.

If I want to sell my points at $60.00 and Disney exercises ROFR ,they can't just hold onto the points they have to sell them.

I can't see DVC stock piling points,for what reason?

If they don't exercise ROFR the price drops and no one buys SSR.

Just my 2 cents worth.

 

[Happy Birthday Cat]

I have to agree that it is a calculated decision to sell more SSR. I'm sure they looked at those waiting lists as potential purchasers of SSR and asked why are we helping people to not purchase SSR? It sounds like one of those policies that was thought up by "the suits" and now all of the lucky guides get to deal with the fallout.

HBC

 

[HookdonWDW]

I agree with your thoughts. I also believe that this thinking is skewed, at least in our case. If we hadn't been able to go on the WL last month, we would have gone the resale route. Nothing against SSR... it's just not where we want to own points. I'm sure that there were many like-minded people on the WL.

 

[Happy Birthday Cat]

Originally posted by HookdonWDW
I agree with your thoughts. I also believe that this thinking is skewed, at least in our case. If we hadn't been able to go on the WL last month, we would have gone the resale route.

Think of the many people who don't read this site who don't even realize that re-sales exist. To many, Disney is the only game in town.

HBC

 

[HookdonWDW]

Originally posted by Happy Birthday Cat
Think of the many people who don't read this site who don't even realize that re-sales exist. To many, Disney is the only game in town.

HBC

I thought about that, but I also think that many of the people who don't know that re-sales exist didn't know about the wait lists either. I think that once a lot of people get a notice that a resort is "sold out", they think that they can no longer get points there.

Those that are proactive enough to know about the WL probably know about resales... after all, some of the crummy companies have bulletin boards all over the place in Orlando...

 

[Dean]

I doubt it will have much effect in the long run. It may be a case of DVC trying to push SSR but I doubt it. My guess is that all those people on the waiting list kept calling in to see where they were and were taking up a lot of time. Then when the points came available, many didn't want the points then. I'd take it as more of a plan to get people to commit to the purchase rather than which purchase. Still, as I've said all along, DVC will not really make any money on resales, even at a $20 pp spread. They will still need to keep up the price on resales to ensure retail sales so ROFR is not dead. There are those that buy the current resort just to get into the system, as illustrated by the VB sales tactics from some of the guides and by HH to a lessor extent.

I also predict many guides will keep their own private lists for their members.

 

[RoyalCanadian]

Originally posted by Poorman

If I want to sell my points at $60.00 and Disney exercises ROFR ,they can't just hold onto the points they have to sell them.

I can't see DVC stock piling points,for what reason?

Is there any regulation stipulating that DVC absolutely must sell the points purchased through ROFR? Could DVC not remove these points from "circulation" and thereby give them more to offer through CRO?
I'm not suggesting this is what they are doing -- but perhaps an option? The $$$ realized from selling through CRO would certainly outreach that realized from selling to a DVC member as an add-on. At least it would in my way of thinking.

 

[InstImpres]

I spoke with my guide today. Sounds like many of them voiced concern over this new system.

I told her as much as I liked her and she had helped me through add ons, that I would be adding my name to many broker lists as well. Though she support my decision, she is obviously not thrilled to lose my commission.

DVC Management - are you lurking this is silly!

 

[Dean]

Originally posted by RoyalCanadian
Is there any regulation stipulating that DVC absolutely must sell the points purchased through ROFR? Could DVC not remove these points from "circulation" and thereby give them more to offer through CRO?
I'm not suggesting this is what they are doing -- but perhaps an option? The $$$ realized from selling through CRO would certainly outreach that realized from selling to a DVC member as an add-on. At least it would in my way of thinking.

There's nothing requiring DVD to sell the reaquired points. They coulld do what they want with them within the requirements of the POS and state laws.

 

[Frozenfingers]

Dean hit it on the head. When I called my guide, he stated the reason the CENTRAL waitlist is going away is members changing their mind when the points become available. This is usually after some phone tag, rehashing with spouse, etc. A lot of wasted time. Ron also said that each guide can keep their own waitlist, but are not required to.