More changes coming to DVC...

[Drewferin]

I've talked to a couple different guides in the last couple of weeks about purchasing AKV or RIV. One thing that they keep mentioning is the end of April developers credits will change. This can be expected with a new resort, however they also keep referencing the end of May changes will be coming...

These types of comments may be a sales tactic to get you to buy right now, however it has the opposite effect on my paranoid mind. This morning when discussing how disappointed I was in RIV resale restrictions my guide stated "Oh, there are more changes coming you can count on that...". We discussed how nobody expects to HAVE to sell their DVC contracts and that a strong resale market is a benefit to direct purchases not a deterrent. Bottom line is my tin foil hat is now on as I look over DVC announcements to come in the next couple months...

 

[Bing Showei]

I've talked to a couple different guides in the last couple of weeks about purchasing AKV or RIV. One thing that they keep mentioning is the end of April developers credits will change. This can be expected with a new resort, however they also keep referencing the end of May changes will be coming...

These types of comments may be a sales tactic to get you to buy right now, however it has the opposite effect on my paranoid mind. This morning when discussing how disappointed I was in RIV resale restrictions my guide stated "Oh, there are more changes coming you can count on that...". We discussed how nobody expects to HAVE to sell their DVC contracts and that a strong resale market is a benefit to direct purchases not a deterrent. Bottom line is my tin foil hat is now on as I look over DVC announcements to come in the next couple months...

What exactly are they intimating? More changes as in, "You thought this was a junk move before, wait 'til you see what else we have in store?" Not sure what "Oh, there are more changes coming you cna count on that..." supposed to suggest, exactly. Any more context you can provide would be appreciated.

 

[TexasChick123]

I’m also curious. Have they found a way to restrict all future resales to only the home resort going forward for all the resorts including L14? Lord, I hope not.

 

[Drewferin]

The context of these comments were in regard to the RIV resale restrictions. They seemed to almost hint that more announcements/restrictions would materialize. I got the feeling they wanted to put up more road blocks to differentiate between resale and direct. There were no details given but I find it strange that the 2 guides ive talked to had similar commentary. It very well may have been a sales tactic to get me to buy today instead of in a couple months. Not sure why they care when their commission happens as long as I purchase. Has anybody on a physical tour or phone conversation had any similar commentary?

 

[bwvBound]

OH, my ... thanks for the heads up and reminder to fetch our collective "tin foil hat." Sigh.

 

[TexasChick123]

My guide never said anything like that, but I didn’t ask when I told her I didn’t like the restrictions.

Also, resale restrictions can go into effect at any time regardless of when you buy direct. The resale restrictions have nothing to do with you as a direct buyer, so I don’t see how this would serve any purpose to drive you to direct. Resale restrictions don’t apply to direct except to potentially lower the resale value which is a bad thing.

It sounds like s/he was just blowing smoke. We already know the incentives are going down on 5/1. That’s published on the website. What we don’t know is what they plan to do to the ppp. They don’t either because it completely depends on how sales are going.

 

[Bing Showei]

Just spoke to my guide and she has heard nothing of the sort. She spoke to her team lead as well as another colleague, worrying she might have missed something, and collectively, no one has been told anything except that incentives end at end of April and that in June, CCV will go up in price (if not sooner).

She added, without solicitation, that this was probably just guides being sales guides, trying to make a sale now.

 

[AdamsMum]

I don't really understand why DVC feels the need to make more and more stringent restrictions. They have a quality product that has always sold well, maybe with the exception of Aulani, but there's reason for that which has nothing to do with resales. Part of the quality of the product was that it had kept it's value, so that if through some financial or other hardship a member needs to sell, they can get out relatively unscathed. To me all of this is just bad press, and demonstrating that they place no value on goodwill. JMHO

 

[CarolMN]

Resale restrictions are a DISINCENTIVE to purchase Riviera. Not sure why any sales person would try to use that as a reason to buy Riviera direct. Doesn't make sense and makes me wonder about the competency of the sales person.

Could be a reason to buy CCV direct, though if that was on the table. Of course, that assumes the buyer values the ability to stay at the Riviera. If not, buying CCV resale still gives the buyer to stay at every other currently existing DVC resort.

 

[miTnosnhoJ]

They would only be shooting themselves in the foot. But then, they probably have at least 6 toes left.

 

[aoconnor]

I don't really understand why DVC feels the need to make more and more stringent restrictions. They have a quality product that has always sold well, maybe with the exception of Aulani, but there's reason for that which has nothing to do with resales. Part of the quality of the product was that it had kept it's value, so that if through some financial or other hardship a member needs to sell, they can get out relatively unscathed. To me all of this is just bad press, and demonstrating that they place no value on goodwill. JMHO

Exactly. CCV and Poly both sold very well and at record high prices. Disney sold over 2 million points direct last year... not sure why they feel the need to implement these restrictions.

 

[RamblinWreck]

The context of these comments were in regard to the RIV resale restrictions. They seemed to almost hint that more announcements/restrictions would materialize. I got the feeling they wanted to put up more road blocks to differentiate between resale and direct. There were no details given but I find it strange that the 2 guides ive talked to had similar commentary. It very well may have been a sales tactic to get me to buy today instead of in a couple months. Not sure why they care when their commission happens as long as I purchase. Has anybody on a physical tour or phone conversation had any similar commentary?

I get that this might sucker some more people into buying direct.... but I maintain that this should drive any logical thinking person to buy resale over direct, not the other way around.

 

[Liam518]

DVC resale just posted “Big announcement coming tomorrow!” Then when someone commented “hopefully good news” the followed up with “its very good news”. Anyone heard anything?

 

[crvetter]

DVC resale just posted “Big announcement coming tomorrow!” Then when someone commented “hopefully good news” the followed up with “its very good news”. Anyone heard anything?

They are saying that "DVC Resale Market" has a big announcement not DVC, just wanted to clarify. I wonder what that means though... One could hope its that DVC Resale Market will be an authorized third party reseller for DVC (per the restrictions on Riviera) though doubtful.

 

[Drewferin]

I don't see an announcement anywhere on their website or blog. Where did you see this announcement refenced?

 

[crvetter]

I don't see an announcement anywhere on their website or blog. Where did you see this announcement refenced?

It's on their Facebook page.

 

[Drewferin]

Figures... I cant see the facebook comments without a facebook account... ughh

 

[TexasChick123]

I’m sure DVCRM is going to announce a podcast or something. This happened a few years ago with one company, I can’t remember which, and the announcement was silly. Maybe they’re merging with another company or something. They specifically said it didn’t have to do with Riviera.

 

[crvetter]

I’m sure DVCRM is going to announce a podcast or something. This happened a few years ago with one company, I can’t remember which, and the announcement was silly. Maybe they’re merging with another company or something. They specifically said it didn’t have to do with Riviera.

I would agree with it having to do with their business and how they operate than anything to do with how DVC operates. The one thing I could see them doing is getting into the Rental Game since DVC does have some intention of manipulating the resale market (their bread and butter) so going into DVC rentals should sustain their business model a bit I would assume.

 

[_auroraborealis_]

Disney cannot change O14 resale in any meaningful way at this point. The key to the "changes" for Riviera is that they are all a part of how Riviera is being declared and is joining BVT. They can't change the O14 retroactively in that sense.