I don't think they're selling small Riviera contracts at all. I've heard that even existing members have been told that the minimum buy in for Riviera is 125 points now (may have been 100 prior to the change for how many points are needed for a blue card). So if they're not sold in low amounts directly, they won't show up resale. '
Existing members can buy 50 points cash directly from DVC. It's a small chance someone bought one and sold one but I was curious.
Normally, existing members can buy as few as 25 point contracts if they’re not financing, but DVC hasn’t been offering that for Riviera. I know some people were told small contracts weren’t an option for that resort even though they were already DVC owners.
Based on the recorded deeds, there have been around 960 Riviera contracts with 65 points or less sold (these are mostly 50 pointers). While 50 might be the minimum, there are some smaller contracts. These are situations where a larger purchase was split into bigger (100+) and smaller (<50) contracts, multiple smaller contracts were purchased, and a few instances where it looks it was just a <50 point add on.
I meant 50 was the total minimum, but that it could be split. I did see one contract with less than 25. This was odd because someone bought 105 points in July of 2019 and then added 15 more in May of 2020. Maybe I like round numbers but 120 seems like a more normal amount so I was wondering if they agreed to buy 120 but somehow worked out a deal to split it into 2 contracts. If this is the case and 25 is the absolute minimum, I would've thought they still would've had to split it 95/25 instead of 105/15. Either way, a 15 point contract exists.
There are a few instances where multiple 25 or 40 points contracts were sold without fixed weeks during 2019 and 2020. The last I saw was July 2020 so maybe they stopped allowing this at some point last year, although there was a 30 point add on at the beginning of this year. Maybe it just depends on how much you push it.
One had 75 points at VGF on 12/2/2019 and then 30 at RIV on 1/10/2020.
What!! Anthony, I guess new resorts are doing things different. And only 130 pts
Well, we wanted to get 200 points because it was a big jump for the incentives, but we were getting a Guaranteed Week ("GW"). The GW was for early October and is 130 points. They weren't sure at first if they could do it that way or not, but they were able to do the GW and do a 70-point contract to get to the 200 points we wanted to buy. He had specifically said splitting the 200 points into two 100-point contracts wouldn't be a problem, but had to check to make sure they could do the split that way with the GW. From what others have said, I think that's common though with the GW. If you want more points than go with that week, you really need to do it as a separate contract. It makes sense for Disney too since if you couldn't, the response would most likely be, "Well, I'll just by the GW and look at more points later." I'm sure they'd rather the larger purchase.
