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Post by BWV Dreamin on Mar 10, 2023 10:36:08 GMT -5
I believe resales purchased after 2017( someone please correct my date if wrong) can only be used at the original 13 DVC resorts. Those purchased before are grandfathered in and can be used at any DVC resort. Resale points purchased after that 2017 can not be used at Riviera ( and any subsequent restricted DVC going forward). Resale Riviera points can only be used at Riviera and not at any other DVC resort. HTH. The resale usage restrictions went into effect 1/19/2019 and it's actually 14 resorts: AKV, AUL, BCV, BLT, BRV, BWV, CCV, HHI, OKW, PVB, SSR, VB, VGC & VGF. Thank you! Forgot about Aulani…..  |
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Post by henrycpa on Mar 10, 2023 12:48:23 GMT -5
I just don’t understand why people would consider buying Beach Club or Boardwalk with only 20 years remaining. And strangely both seem to be higher in cost than other resorts that have longer terms remaining. As others have said, Location and convenience have a whole lot of value. For us, when our daughter was little we would go to other parks during the day. In the evening, we would come back with her and the stroller and park hop to World showcase where we had our wine/beer, some food and snacks, while we rode Grand Fiesta, Figment, at the time Malestrom. We would enjoy the entertainment in Britain (the Showcase players I think they were called), British rock bands, Mo'Rockin, Juggler and acrobat in France, the Italian entertainer that was part juggler, part comedian, and simply just have fun, watch illuminations and walk back to our room at BCV/BWV without needing a bus, monorail or other. Heaven. Those two are expecially great for the EPCOT Festivals and now that DHS is really the park with most E ticket rides, they are a boat ride or a 15-20 minute walk away. |
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Post by johnb on Mar 10, 2023 13:05:50 GMT -5
I just don’t understand why people would consider buying Beach Club or Boardwalk with only 20 years remaining. And strangely both seem to be higher in cost than other resorts that have longer terms remaining. As others have said, Location and convenience have a whole lot of value. For us, when our daughter was little we would go to other parks during the day. In the evening, we would come back with her and the stroller and park hop to World showcase where we had our wine/beer, some food and snacks, while we rode Grand Fiesta, Figment, at the time Malestrom. We would enjoy the entertainment in Britain (the Showcase players I think they were called), British rock bands, Mo'Rockin, Juggler and acrobat in France, the Italian entertainer that was part juggler, part comedian, and simply just have fun, watch illuminations and walk back to our room at BCV/BWV without needing a bus, monorail or other. Heaven.Those two are expecially great for the EPCOT Festivals and now that DHS is really the park with most E ticket rides, they are a boat ride or a 15-20 minute walk away. Exactly why we bought at BWV. We had no preference between BWV and BCV, we just wanted that location. Sergio is the guy in Italy; he's still there, though it's a different guy playing the role. The World Showcase Players did their shows with fake Shakespearean accents, really funny shows. I miss the OG Boardwalk magicians/jugglers. The new performers don't do it for me. |
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Post by ratfan on Mar 11, 2023 10:13:07 GMT -5
I think there used to be a search tool that someone made at one point that scoured multiple listing sites at once. Does anyone recall?
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Post by ermindy1133 on Mar 11, 2023 10:56:26 GMT -5
I think there used to be a search tool that someone made at one point that scoured multiple listing sites at once. Does anyone recall? try disneydvcresale.com |
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Post by brp on Mar 11, 2023 11:32:59 GMT -5
Exactly why we bought at BWV. We had no preference between BWV and BCV, we just wanted that location. Same here. We bought at both BCV and BWV without having ever set foot on the Boardwalk. From years earlier, when I had a hotel reservation on the Boardwalk (Yacht Club, I believe) that I had to cancel, I knew that the Boardwalk was the place to be.
With our first visit we knew it was the right choice. We pick between the two based on available points and who may be joining. Once we decided that BW View really was worth the premium, we did a 25 point direct add on.
Cheers.
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Post by zafiro on Apr 7, 2023 12:28:13 GMT -5
Resale inventory is going through the roof!
So many new contracts are being added every day and it's becoming very interesting and much harder to peruse the listings since there are so many. As an example, there are hundreds of 200-300 point OKW contracts that are 6 months plus old without any price reduction action listed at $125 per point and many newly added similar contracts listed at $70-$85 per point. We're soon going to have a feeding frenzy for those buyers who have been patiently waiting for these economic and market conditions to happen again.
125 per point
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Post by BWV Dreamin on Apr 7, 2023 15:33:41 GMT -5
Resale inventory is going through the roof! So many new contracts are being added every day and it's becoming very interesting and much harder to peruse the listings since there are so many. As an example, there are hundreds of 200-300 point OKW contracts that are 6 months plus old without any price reduction action listed at $125 per point and many newly added similar contracts listed at $70-$85 per point. We're soon going to have a feeding frenzy for those buyers who have been patiently waiting for these economic and market conditions to happen again. So I wonder if Disney decided to let people buy AP’s again because it might be having an effect on the number of resales listed? MO is yes. But it will be curious to see if people keep their contracts now that AP’s are available? Or maybe a little too late? |
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Post by zafiro on Apr 10, 2023 10:26:43 GMT -5
I think it has more to do with the current and projected state of the economy. High inflation on consumer goods and climbing consumer credit debt is causing spending contractions and redistributions. I'm guessing those less enamored with Disney because of the Chapek cuts or whatever slights they've felt may have been the first to throw in the towel and list their contracts. I think the recent swell is due to household budget stress, layoffs and other household economic strains. DVC is an unnecessary luxury and I suppose those who have been paying on DVC loans and those living on fixed incomes have been a major part of the more recent increase in listed resale contracts.
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Post by zafiro on Apr 11, 2023 14:41:14 GMT -5
SO MANY OKW CONTRACTS are listed across all of the usual brokers; and increasing in comparison to other resorts. I ... almost ... feel like adding up all the points that are being offered on resale if I could tell which contracts are listed with multiple brokers, and then comparing with the total outstanding points. The IMF is saying inflation will average around 7% in 2023 and it won't return to low levels until 2025; this will keep prices and interest rates high for possibly the next 2 years or so. I'm not interested in OKW, but I will have my eye on a few of the newer resorts as prices descend. I think we'll also see DVC offering incentives like annual passes for 4 or free room stays for those who buy directly like they've had to in the past.
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Post by BWV Dreamin on Apr 11, 2023 14:56:23 GMT -5
SO MANY OKW CONTRACTS are listed across all of the usual brokers; and increasing in comparison to other resorts. I ... almost ... feel like adding up all the points that are being offered on resale if I could tell which contracts are listed with multiple brokers, and then comparing with the total outstanding points. The IMF is saying inflation will average around 7% in 2023 and it won't return to low levels until 2025; this will keep prices and interest rates high for possibly the next 2 years or so. I'm not interested in OKW, but I will have my eye on a few of the newer resorts as prices descend. I think we'll also see DVC offering incentives like annual passes for 4 or free room stays for those who buy directly like they've had to in the past. There are signs Disney is feeling the pinch. Lots of VGT rooms for July on DCL. Summer promos being offered for hotel stays. We have not even begun to feel the effects of the impending recession. People are being priced out of Disney right now and are turning to cruising for a better overall value. Once annual dues get closer ( September on) we probably will see even more contracts flooding the market. Sorry Disney, the resurrection of Annual Pass sales are a little too late. |
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Post by helenabear on Apr 11, 2023 15:53:27 GMT -5
SO MANY OKW CONTRACTS are listed across all of the usual brokers; and increasing in comparison to other resorts. I ... almost ... feel like adding up all the points that are being offered on resale if I could tell which contracts are listed with multiple brokers, and then comparing with the total outstanding points. The IMF is saying inflation will average around 7% in 2023 and it won't return to low levels until 2025; this will keep prices and interest rates high for possibly the next 2 years or so. I'm not interested in OKW, but I will have my eye on a few of the newer resorts as prices descend. I think we'll also see DVC offering incentives like annual passes for 4 or free room stays for those who buy directly like they've had to in the past. Unfortunately OKW is the one I'd unload the quickest of mine. But I paid so little I'm happy to take less. The MFs there are stupid high comparatively. Mine has no quit claim either but no official paperwork. Would be fun to sell lol I doubt we'll see free tickets but might see resort stays again. |
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Post by applegrcoug on Apr 11, 2023 18:19:59 GMT -5
I haven't looked lately at all the resales, not did I ever update my dues indexed to inflation chart this past year (sorry if anyone even actually missed it).
It would be interesting to look at price per point, banked points and compare theoretical IRR vs the risk free rate of return. IRR would have to be above 5%, maybe even more or else go fishing.
-----------------
For those that know more about the restrictions....
If you are an old timer without restrictions and then you added to the same UY with a resale from now, what would that do to your existing stuff and then the new stuff??
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Post by BWV Dreamin on Apr 11, 2023 18:48:29 GMT -5
I haven't looked lately at all the resales, not did I ever update my dues indexed to inflation chart this past year (sorry if anyone even actually missed it). It would be interesting to look at price per point, banked points and compare theoretical IRR vs the risk free rate of return. IRR would have to be above 5%, maybe even more or else go fishing. ----------------- For those that know more about the restrictions.... If you are an old timer without restrictions and then you added to the same UY with a resale from now, what would that do to your existing stuff and then the new stuff?? If you add a resale to your direct points membership, the only issues you may run into is if you try to book at Riviera or any future restricted resort that don’t allow resale points to book. Also, you won’t be able to book a cruise with those resale points. That’s about all that comes to mind. You retain blue card benefits even using the resale points due to your direct points. |
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Post by brp on May 8, 2023 7:34:26 GMT -5
Our kids are getting close to college and are both still WDW nuts so I fully hope/expect we'll be like TomandRobin who went from taking their kids to taking their grandkids. We're probably 10-15 yrs from retirement and look fwd to brp trips once we're empty nesters. Being old has its advantages. mrs. brp is retired. 37 working days, or fewer, for me. brp trips can be crazy, though. I retire no later than end of March, then April looks like:
March 30 - April 1 Vegas April 4-9 NYC April 10-11 possible SFO overnight, although the concert we want to see may be impossible to get tickets April 17-18 Napa (Need to use up a free hotel night)
April 20-24 Destin Beach., FL (music festival) April 27 - May 8 New Orleans (Jazz Fest)
This ain't for the faint of heart
Well, we've just about come to the far end of this spate of trips. In NoLA now, heading home today.
Ready for the next set:
May 13-15 Santa Rosa (driving, to see Sarah Silverman) May 17-18 Monterey (driving to see Mike Campbell) May 23-27 WDW June 1-5 Key West (with family)
Then a real break for a bit. Next actual plane travel isn't until Aug 2 to Seattle to see Joan Jett and Bryan Adams.
Cheers.
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