Would you pay to have resale points be unrestricted?

[pianomanzano]

If DVC were to allow resale owners to "upgrade" their points to be unrestricted for use for RIV and other future resorts (or for RIV resale owners to use literally anywhere else besides RIV) for the life of your contract, would you pay for it? If so, how much would you realistically be willing to pay--10pp? 20pp? 30pp? Bonus question: Would you pay even more to get resale points to count towards blue card status? If so, how much?

Feel like this could be a win-win situation for DVC and resale owners. Easy money for DVC and allows resale owners the opportunity to book other places like RIV and upcoming resorts. Think DVC would ever go for something like this? Is this even a good idea?

 

[Sandisw]

Any program DVD put in place would carry a hefty price tag to make resale plus the upgrade cost more than direct alone.

Its wny I pay the extra for direct. I don’t want restricted points for RIV and future resorts,

Now, I would pay $50 to $60/pt to upgrade my RIV resale to direct if that was offered now. I paid $152 so this puts me in line with direct.

 

[Dobermanns]

Nope. I have enough direct and unrestricted resale points that I will pay nothing to upgrade the newly acquired resale points at Aulani and Riviera. I love Riviera enough that I won’t complain for being “stuck” there, and Aulani points will be strictly used at Aulani (by choice).
I am a firm believer in owning where I love.

 

[dvc lover 1970]

I cannot see disney ever allowiing something like this, but what i can see is maybe, disney allowing a trade in fee, where members pay a fee to be allowed to trade into the other resorts.

 

[RamblinWreck]

I cannot see disney ever allowiing something like this, but what i can see is maybe, disney allowing a trade in fee, where members pay a fee to be allowed to trade into the other resorts.

I could absolutely see them offering it, but only if there was a period of time where they weren't really actively marketing any direct sales resorts.

 

[BeachClub2014]

Nope, I would not.

 

[Bearval]

I cannot see disney ever allowiing something like this, but what i can see is maybe, disney allowing a trade in fee, where members pay a fee to be allowed to trade into the other resorts.

I can see a trade in fee for extra points. Like a 50% surcharge.

 

[WxKristin]

I would do it, but it would need to be at a much lower cost than the $10K I saved by purchasing resale. I can't see Disney being interested in that unless they needed a quick influx of cash for some reason.

 

[Bearval]

If DVC were to allow resale owners to "upgrade" their points to be unrestricted for use for RIV and other future resorts (or for RIV resale owners to use literally anywhere else besides RIV) for the life of your contract, would you pay for it? If so, how much would you realistically be willing to pay--10pp? 20pp? 30pp? Bonus question: Would you pay even more to get resale points to count towards blue card status? If so, how much?

Feel like this could be a win-win situation for DVC and resale owners. Easy money for DVC and allows resale owners the opportunity to book other places like RIV and upcoming resorts. Think DVC would ever go for something like this? Is this even a good idea?

They would never do it since it is counter productive to getting people to buy direct.

 

[wnielsen1]

I cannot see disney ever allowiing something like this, but what i can see is maybe, disney allowing a trade in fee, where members pay a fee to be allowed to trade into the other resorts.

They might not ever offer it, but the public offering statement permits them to do it if they wish.

 

[CarolMN]

No.

 

[SleeplessInTO]

No. Wouldn’t it be easier just to buy direct? Why go through the hassle of resale (finding that right sized contract, right UY, go through ROFR, pray the seller doesn’t change their mind or turn out to be international, wait weeks/months for the contract to load) and then turn around to give disney the savings back?

 

[CaptainAmerica]

No. I dislike Riviera, so that's not an issue for me, and if they built a new resort that was an absolute must-have, I'd just buy there.

 

[CaptainAmerica]

They would never do it since it is counter productive to getting people to buy direct.

Actually there's a case to be made that the restrictions are preventing people from buying direct. Buying Riviera direct comes with the risk that it won't be as desirable on the resale market if and when it comes time to exit.

 

[Red Dog Run]

no- I didn't buy Riviera at all because of the resale restrictions just as Captain America stated. I used my OKW direct 100 pts to stay at Riviera, so I don't need that as a home. My concern was exactly as someone stated- only folks wanting Riviera with a specific UY would buy. The restrictions were another reduction in value (in my opinion, for my purpose).

 

[RamblinWreck]

Actually there's a case to be made that the restrictions are preventing people from buying direct. Buying Riviera direct comes with the risk that it won't be as desirable on the resale market if and when it comes time to exit.

You could make that case.

However, there's no arguing that if this were offered, that resale sales would become more of a competition for direct sales.

If they ever stopped selling direct, it would be one heck of a way to make a bunch of extra money for nothing though!

 

[Red Dog Run]

I do like the resort, though. I plan on continuing to book using my OKW.

 

[DonMacGregor]

No. Wouldn’t it be easier just to buy direct? Why go through the hassle of resale (finding that right sized contract, right UY, go through ROFR, pray the seller doesn’t change their mind or turn out to be international, wait weeks/months for the contract to load) and then turn around to give disney the savings back?

I would assume that any upgrade would be a flat-fee per point, likely based on the difference between whatever Disney feels is their current ROFR rate and current direct pricing, so there would be the possibility that the points you are upgrading would still be less than current direct pricing, depending on when you bought and what you paid.

I'm assuming people wouldn't follow the route you laid out with forethought buying new resale points, but rather to take advantage of the program to upgrade points they've previously purchased if they see some cost benefit over selling those points and buying direct.

 

[Brian Noble]

Any program DVD put in place would carry a hefty price tag to make resale plus the upgrade cost more than direct alone.

Maybe. Marriott has a mechanism to wash “dirty” resale points to bring them back into the club. The total cost is still typically below a developer purchase. IIRC that’s partly because of some other incidental/trivial benefits to a developer purchase. IMO it’s mostly because timeshare is a product that is sold not bought.

 

[Bearval]

Actually there's a case to be made that the restrictions are preventing people from buying direct. Buying Riviera direct comes with the risk that it won't be as desirable on the resale market if and when it comes time to exit.

Almost nobody who buys a timeshare considers how much they can resell it for, if most people did then timeshares wouldn't exist since most are only worth pennies on the dollar in the resale market and that would be a stupid purchase. DVC is an outlier in that not only do their contracts hold their value they go up in value even as the years left on them decrease. What DVC is doing is making buying resale unattractive and this will in turn lower the value of resale. People will buy direct because of their FOMO and DVC will be able to exercise their ROFR to buy back resale contracts cheaper to resell as direct.