When do the dues increases end?

On this thread you have people talking about reducing dues, on another thread people are asking when BWV will get flat screen TV's. Where do you think the flat screen TV cost comes from? I'm all for flat screen TV's, when the time to replace TV's and cabinets comes on the maintenance schedule. Not just run out and buy flat screen TV's because they are the latest fad.
 
I feel your pain. As to your last question it is getting close for us. Due to jobs, ages of our family, desire to try new locations to vacation, issues with maintenance and housekeeping at DVC resorts, we are not going as much as we used to. Our dues are fast approaching being more expensive than a stay at Disney would be for us.

I would say we would sell off some of our contracts, but seems that now is not a good time for that either. For the first time in 10 years, I had to bank points, and if I don't use them by use year will lose them.

Heaven forbid, I might be forced to, you know, that word I can't say, rent:scared1:

:confused3 Huh, what is wrong with renting points if you ownership is just not right for you?:confused3
 
...Anyway, it doesn't cost me anything to dial the 407 number so I will continue to do so. ;)

I agree! The way I look at it, why let DVC get charged for something that could be free? I'm already paying for the call with my cell phone minutes so that's two people who are doing it and it can certainly grow from there! I also agree with trying to be more "aware" of how we are treating the property ourselves and I also am not worried about flat screen upgrades. I think every little bit helps... :)

Terri
 

On this thread you have people talking about reducing dues, on another thread people are asking when BWV will get flat screen TV's. Where do you think the flat screen TV cost comes from? I'm all for flat screen TV's, when the time to replace TV's and cabinets comes on the maintenance schedule. Not just run out and buy flat screen TV's because they are the latest fad.

Ditto!!!
 
On this thread you have people talking about reducing dues, on another thread people are asking when BWV will get flat screen TV's. Where do you think the flat screen TV cost comes from? I'm all for flat screen TV's, when the time to replace TV's and cabinets comes on the maintenance schedule. Not just run out and buy flat screen TV's because they are the latest fad.
That is part of maintenance and thye reserves and should be built in to the reserves for refurbishment going forward. In short, we've been paying for it already for years and should have already paid for most of any refurbishment that is currently needed. When a resort underestimates these needs, mismanages, makes poor choices or purposefully short changes maint on the short run; that's when special assessments come into play. I'm writing this message pool side from a resort that has an ongoing special assessment spread over this year and next. It's to the turn of $1000 for each studio and each 1 BR and roughly double that for a 2 BR. Interesting I owned fixed weeks here that I converted to Bluegreen a little over 2 years ago. Had I still owned the fixed weeks, the SA and regular Maint fees for the weeks I owned would have been right at $10K total for this year.

I don't think that really saves members any money--just Disney.

There is a line item in our budget called the Management Fee. That's essentially Disney's fee for operating the program. That particular item isn't budgeted at the cost of providing a service--instead it is a fixed 12% of all other dues expenses (less transportation and taxes.)

The description of the Management Fee indicates that it is the fee paid to DVCMC for providing management services "including home office expenses." I have always understood that to mean that the cost of operating "Member Services" including salaries, phones, computers, etc. is covered by the Management Fee.

And since the Management Fee is a fixed 12% of our dues, a reduction of the phone bill simply saves Disney money. Our dues remain at the 12% regardless.
That's not really true. While the management is a fixed percentage, it's fixed at a portion of the dues, which is potentially controlable. 12% of a smaller number is still less. Plus I doubt that the phone charges go to management but are likely more directly passed on to members and appropriately so, regardless, it's still possible to have SOME control even over that number.



:confused3 Huh, what is wrong with renting points if you ownership is just not right for you?:confused3
Nothing assuming one follows the other rules. Frankly, it doesn't matter why you rent otherwise else it becomes a judgement of where you draw the line between good and bad renting where everyone will have a different opinion. I could care less if someone reserve 10 weeks for xmas only to rent them out.
 
Except that you need to buy more points than you personally use. Disney rentals generally have pretty poor return on invested capital compared to other resale timeshares, so while this is a pretty good deal for cash flow, it's actually a poor deal on the full-blown balance sheet.
A point I've made many times. Anyone would be a fool to buy points simply to rent them out. Too much risk, too little return. However, sometimes there are other circumstances where one might have more points than they need. Maybe you want home resort priority at multiple resorts and you decide to buy multiple home resorts. You don't need all the points so you rent them out. Maybe your situation has changed, either financially or personally and you don't need all the points. Or maybe you're planning for the future where you believe you'll need more points but you don't currently need them.
 
All of those things are going to go up in cost every year. Not much that can be done about it. The good news is that wages (yours and mine) also increase so hopefully the dues will remain about the same portion of our budgets. A job that pays $60,000 today (and probably paid $25K a couple decades ago) will pay $150,000 by 2030. At least we all hope so. ;)


Gotta get the wife to work harder.:lmao:


Honestly the only portion of our dues I can think of that is really in our control would be maintenance. If members collectively beat the crap out of furniture, appliances, fixtures, put gouges in the walls, crack the bathroom tile, etc.--those are all things that cost money to repair. But I'm not sure that one member can make a difference in that area.

Amen. We can try.:thumbsup2
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This might sound silly but is there anything for us (members) to do to keep them from increasing faster? Maybe even stay stagnant every once in a while? :scared:
I disagree with those who seem to think the situation is hopeless. Simply being vigilant and maintaining pressure on Disney can make a difference.

The OKW extension would have caused all OWK dues to go up, even for those who didn't want the extension. We have reports - though no proof yet - that a member took Disney before the Florida timeshare board and forced Disney to promise a subsidy that will help to keep non-extender's dues down.

Much of our dues goes from DVC to other parts of Disney. It's a crazy system (that so far has worked pretty good). One arm of Disney gets to take our money and give it to their brethren. And the more of our money they give away, the higher their management fee. Under such a system, we need to keep watch, we need to ask questions. How is the split of transportation costs between the hotel side of a resort split with DVC? Is the split fair and reasonable?

The more pressure we put on Disney to be open with their spending, the more likely we are to get a fair deal. In the long run, that will help keep dues increases down.
 
I disagree with those who seem to think the situation is hopeless. Simply being vigilant and maintaining pressure on Disney can make a difference.

The OKW extension would have caused all OWK dues to go up, even for those who didn't want the extension. We have reports - though no proof yet - that a member took Disney before the Florida timeshare board and forced Disney to promise a subsidy that will help to keep non-extender's dues down.

Much of our dues goes from DVC to other parts of Disney. It's a crazy system (that so far has worked pretty good). One arm of Disney gets to take our money and give it to their brethren. And the more of our money they give away, the higher their management fee. Under such a system, we need to keep watch, we need to ask questions. How is the split of transportation costs between the hotel side of a resort split with DVC? Is the split fair and reasonable?

The more pressure we put on Disney to be open with their spending, the more likely we are to get a fair deal. In the long run, that will help keep dues increases down.


Your hired!:thumbsup2
 
So if DVC let me stay in my unit all year, your member fees would go down! :cool1: :cool1: :cool1:
Exactly. You've got to buy more points and get all your family members to buy the max points as well.
 
DVC actually did have a stretch of years when the OKW dues stayed stable and in some years.....drum roll.....went down. So, it is possible. The impact of 9/11 on the economy was the first trigger for increasing OKW dues and they have continued to go up each year since then. This year's increase was closer to inflation rate so I'm hoping DVC is getting back on track and rates will continue to increase relative to the cost of living rather than more dramatically.
 
Here is the history of DVC annual fees at all of the resorts (note the bolded numbers for OKW, BWV and VB):

Year OKW BWV VB VB(sub) HH VWL BCV SSR AKV

2009 4.72 5.21 ...... ...... ...... ..... 5.00 ...... 4.85
2008 4.56 5.04 6.04 4.71 5.16 4.87 4.80 4.21 4.71
2007 4.40 4.85 5.63 4.39 4.98 4.73 4.63 4.12 4.62
2006 4.24 4.69 5.27 4.12 4.34 4.61 4.48 3.98
2005 3.86 4.41 4.87 3.84 3.86 4.35 4.27 3.83
2004 3.68 4.25 4.67 3.67 3.70 4.22 4.18 3.80
2003 3.49 4.11 4.37 4.37 3.69 4.05 3.97
2002 3.22 3.92 4.17 3.33 3.49 3.80 3.77
2001 3.13 3.83 3.98 2.70 3.32 3.63
2000 3.16 3.94 4.07 2.87 3.25 3.62
1999 3.16 4.02 3.99 2.82 3.18
1998 3.17 3.94 ---- 2.76 3.20
1997 3.14 3.84 ---- 2.90 3.16
1996 2.99 3.70 ---- 2.82 3.16
1995 2.84
1994 2.70
1993 2.63
1992 2.56
1991 2.51
 
I really wish DVC would go to making damages payable to the member doing the damage instead of spreading that cost to everyone.

I have no problem with the increase of dues if I am getting my money's worth, lately though with maintenance issues and sloppy housekeeping, I am not sure the money is going where it should and more into management's pockets.

I totally agaree. I also wish everyone took care of their Disney homes like we do, and like we expect our own home to be taken care of. Unfortunately, I suspect a lot of people don't take care of their own homes, so don't know how to take care of their Disney home either. If you've ever gone house hunting, you'd know that's true! I am apalled at the swill some folks live in.
 
:confused3 Huh, what is wrong with renting points if you ownership is just not right for you?:confused3

Well, I agree there's no problem with it as long as you follow the rules, but if your "ownership is just not right for you", why do you own at all? I guess I don't see the point in continuing to own and pay dues if it isn't right for you.
 

















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