͏

[Prince John Robin Hood]

Ya just have to wait to see what August looks like and maybe early September as we should see volumes then of what was purchases since reopening through the end of the month.

Wondering if this might push better discounts.

I'm thinking we'll see deeper discounts on Aulani and Riviera this Fall/Winter.

 

[UrsulaWantsYourSoul]

phun facts:
400 points was the largest contract (RVA); also initial contract (#.000)

Also phun fact... That's my & DH @JavaDuck's 400 point contract - Welcome home!
Can't wait for our first trip to Riviera - YAAAS!

 

[i<3riviera]

͏

 

[sethschroeder]

I think Dec is out of wack as it's the only month that was sold after the resort was open. By the time you started hitting February (which didn't get the 2x points right?) the Covid situation was happening. Since typically guides I think want to sell the most recent UY right to avoid the extra banked points?

 

[ForWhomTheMouseTolls]

We got December 2019 on our contract that we bought in February.

 

[Dismom18]

can someone kindly explain this to me, as I’m still confused with choosing my use year. I normally travel end of August and at times christmas/January. I thought that I should choose a June or August use year but my guide said I could choose December as it would be the only month I could get the extra years points onto my contract. Why is it that I can’t get them for June/August?

 

[LadybugsMum]

June is past and August is now; so you would be getting 2020 points. If you chose a Sept, Oct or Dec UY, then you get 2019 points and 2020 points. I just bought SSR direct and picked a Dec UY to match the resale contract that I'm in the process of buying. So, I got 2019 points that I immediately banked (can't go to WDW before Dec) and I'll get my 2020 points on Dec 1.

 

[CastAStone]

can someone kindly explain this to me, as I’m still confused with choosing my use year. I normally travel end of August and at times christmas/January. I thought that I should choose a June or August use year but my guide said I could choose December as it would be the only month I could get the extra years points onto my contract. Why is it that I can’t get them for June/August?

@LadybugsMum is correct, they can’t or at least won’t give you last years points, so if a use year has started, it won’t come with double points. So your options are basically buy a UY that has already started and fits your travel patterns well, or buy December, and if you have to cancel your August trip last minute (it is Hurricane season), the points go into a holding account and you can’t bank them; you’d have to use them by November 30.

Getting 2019 points with a December contract basically gives you one extra year of points for just the prorated cost of the dues. So if you have to cancel an August vacation once and you’re unable to use the points before they expire you’ll still be ahead. If it happens twice you’ll have been better off with the summer UY.

 

[Dismom18]

June is past and August is now; so you would be getting 2020 points. If you chose a Sept, Oct or Dec UY, then you get 2019 points and 2020 points. I just bought SSR direct and picked a Dec UY to match the resale contract that I'm in the process of buying. So, I got 2019 points that I immediately banked (can't go to WDW before Dec) and I'll get my 2020 points on Dec 1.

Thank you!

 

[Dismom18]

@LadybugsMum is correct, they can’t or at least won’t give you last years points, so if a use year has started, it won’t come with double points. So your options are basically buy a UY that has already started and fits your travel patterns well, or buy December, and if you have to cancel your August trip last minute (it is Hurricane season), the points go into a holding account and you can’t bank them; you’d have to use them by November 30.

Getting 2019 points with a December contract basically gives you one extra year of points for just the prorated cost of the dues. So if you have to cancel an August vacation once and you’re unable to use the points before they expire you’ll still be ahead. If it happens twice you’ll have been better off with the summer UY.

Thank you! all these banking/borrowing, use year rules has me confused...I think there needs to be a course offered, DVC 101

 

[sethschroeder]

can someone kindly explain this to me, as I’m still confused with choosing my use year. I normally travel end of August and at times christmas/January. I thought that I should choose a June or August use year but my guide said I could choose December as it would be the only month I could get the extra years points onto my contract. Why is it that I can’t get them for June/August?

There are 3 option:

• Most used: look at when you travel and have your UY the month of or directly preceding it / allows longest amount of time to deal with points that go in to holding or that are expiring if your plans change
• Pick cheapest resale: don't worry about it / in the long run you are likely to change when you are traveling and a good UY now could be a bad one in the future
• Walking priority: you place the UY 3 months after your latest dates you typically travel / this allows you the longer period to allow walking and you still have the option to bank points when cancelling 31 days prior to checkin since its prior to that 4 month banking period date

 

[linzjane88]

Thank you! all these banking/borrowing, use year rules has me confused...I think there needs to be a course offered, DVC 101

If it makes you feel any better I have been an owner for like 4 years and still don't understand use years and banking deadlines. I swear some people here know the dates and deadlines off the top of their head. But, I found a solution: Constantly borrow all available points to book your trip and you never have to worry about banking!

 

[LTJoeFlo]

If it makes you feel any better I have been an owner for like 4 years and still don't understand use years and banking deadlines. I swear some people here know the dates and deadlines off the top of their head. But, I found a solution: Constantly borrow all available points to book your trip and you never have to worry about banking!

Haha!! We have been owners for 7 years (2 contracts, about to be 3) and I don't get the use year either. Our guide told us to always go into point "debt" and we will never get into trouble. With my schedule, it makes tremendous sense. After all the horror stories of owners with banked points, I am glad I took his advice. Next year might be my first year banking since we plan on doubling our points this year. Keyword: might

 

[CastAStone]

Haha!! We have been owners for 7 years (2 contracts, about to be 3) and I don't get the use year either. Our guide told us to always go into point "debt" and we will never get into trouble.

What happens if you late-cancel a trip with borrowed points?

 

[LTJoeFlo]

What happens if you late-cancel a trip with borrowed points?

We go the same week, in June, every year. It's 2 months after our use year. My employer knows my routine and I will not take a position that prevents this trip. This year is the first time in 10 years we didn't go in June. We just got back from our rescheduled trip this past weekend. Even when I was on active-duty military, I was able to keep my routine (mostly luck though). If I had to late cancel, I still have plenty of time to use my points. With this practice, it's easier to plan for a lost year

 

[linzjane88]

We go the same week, in June, every year. It's 2 months after our use year. My employer knows my routine and I will not take a position that prevents this trip. This year is the first time in 10 years we didn't go in June. We just got back from our rescheduled trip this past weekend. Even when I was on active-duty military, I was able to keep my routine (mostly luck though). If I had to late cancel, I still have plenty of time to use my points. With this practice, it's easier to plan for a lost year

I don't think we have ever really managed to go at the same time. It's actually in my union contract that if you ask for the same time off as you had the year prior that someone less senior can bump you. I've worked in this position for almost 8 years....only one person can bump me. Hahaha! Low man totem pole problems....

 

[CastAStone]

direct DVC sales statistics

recording dates 2020-07-01 to 2020-07-31 (documents proofed by Orange County on 5 Aug 2020)

resort	deeds	points	% points
AKV​	6​	545​	4.0%​
BCV​	2​	155​	1.1%​
BLT​	4​	360​	2.6%​
BWV​	2​	100​	0.7%​
CCV​	12​	1,495​	10.9%​
OKW​	6​	720​	5.2%​
PVB​	1​	100​	0.7%​
RVA​	56​	9,255​	67.5%​
SSR​	4​	550​	4.0%​
VGF​	5​	435​	3.2%​
	98​	13,715​

no guaranteed weeks

for RVA points only...

average (mean) 165.3 points​

median 175 points​

mode 200 points (15 contracts, 3,000 points; 26.8% of all RVA contracts, 32.4% of all RVA points)​

RVA by contract size (note: excludes split contracts; when someone buys 200 points across two contracts it shows as two 100 contracts in data below)

RVA contract size	deeds	points	% total	average contract
50-99	3​	155​	1.7%​	51.7​
100-149	14​	1,500​	16.2%​	107.1​
150-199	17​	2,725​	29.4%​	160.3​
200-249	16​	3,225​	34.8%​	201.6​
250-299	5​	1,250​	13.5%​	250*​
300-349	-​	-​	-​	-​
350-399	-​	-​	-​	-​
400-449	1​	400​	4.3%​	400*​
	56​	9,255​		165.3​

* only 250 and 400 point contracts; i.e. no 255, 292, etc.

delay from effective date (presumably when someone tells their guide they want to purchase though potentially before the signing date if they don't sign same day) to recording date (recorded with Orange county Florida); I've included previous data for reference
View attachment 515947

phun facts:
400 points was the largest contract (RVA); also initial contract (#.000)
25 points was the smallest contract (AKV); fourth contract (#.003) for the same person(s)
oldest effective date was 12 Feb 2020 recorded 9 Jul 2020 (~5 months)
most recent effective date was 14 Jul 2020 recorded 29 Jul 2020 (~0.5 month)
most popular use year was Dec with 30 contracts (30.6% of all contracts)
least popular use year was Oct with 4 contracts (4.1% of all contracts)
4 split contracts consisting of 1,800 points (13.1% of all points); 1,800 points RVA

1x pairs of 100 points​

1x pairs of 200 points​

1x pair of 250 points​

1x four * 175 points​

3 of 4 have initial contract in group (#.000)​

55 initial contracts (#.000) including 3 of the split contracts
37 second+ contracts (#.001+) including 1 of the split contracts
6 were second, third, or forth of a split contract

if you read this far you probably like this; any suggestions for tables, charts, or analysis you're interested in?

https://or.occompt.com/recorder/eagleweb/docSearch.jsp

In the first week of August Disney filed 90 sales with Orange County, or nearly as many as the entire month of July.

Only 25 of the 90 were for Riviera, with 11 more for CCV. 6 were for Boardwalk, 2 were for Beach Club and 1 for VGF, so half of the 90 were for the 5 sold out resorts that have incentives: 14 AKV, 12 OKW, 8 SSR, 8 Bay Lake Tower, 3 Polynesian.

 

[ForWhomTheMouseTolls]

Amazing, but it probably has to do with the current member incentives. I do wonder what happens if Riviera sales continue to slag. Clearly enough people hear about the resale restrictions and have a visceral negative reaction such that it may be worth Disney reconsidering.

 

[Kickstart]

In the first week of August Disney filed 90 sales with Orange County, or nearly as many as the entire month of July.

Only 25 of the 90 were for Riviera, with 11 more for CCV. 6 were for Boardwalk, 2 were for Beach Club and 1 for VGF, so half of the 90 were for the 5 sold out resorts that have incentives: 14 AKV, 12 OKW, 8 SSR, 8 Bay Lake Tower, 3 Polynesian.

Thanks for tallying that up for us!

But... shoot... 8 BLT in one week. I was hoping at the higher price point for BLT there wouldn't be as much demand, and therefore less likely my low-ball BLT resale would make it through ROFR. I'm not optimistic now.

 

[poofyo101]

In the first week of August Disney filed 90 sales with Orange County, or nearly as many as the entire month of July.

Only 25 of the 90 were for Riviera, with 11 more for CCV. 6 were for Boardwalk, 2 were for Beach Club and 1 for VGF, so half of the 90 were for the 5 sold out resorts that have incentives: 14 AKV, 12 OKW, 8 SSR, 8 Bay Lake Tower, 3 Polynesian.

Was the first week of august on par with last year sales wise or lower or higher?