AnnaS
DIS Veteran
- Joined
- Jul 7, 2001
I’m here!
I’m here!
So excited for you! How will you use the points first? Anything special?
You can own a maximum of 4,000 points per resort and your aggregate across all resorts can not be greater than 8,000 points. That is directly in the multi-site POS and appears to be consistent across all resort POS. Unless there is some grandfathered people I suspect that there is likely a number of people at 8,000 points.My husband ask me these questions the other day so I will ask you guys-
#1 Does anyone know who owns the most DVC points total? And if so, do they literally live at Disney?
#2 What is the maximum number of points a person can own at a resort? And can they own that number at numerous resorts?
Just closed on a 400 point BLT contract, so you can change my total to 2,590 points. I think that will be the end of me adding on till I see how the new point charts are going to work out.
I am not sure if a way around this rule is to have different groups of individuals owning points (multiple accounts).You can own a maximum of 1,000 points per resort and your aggregate across all resorts can not be greater than 8,000 points. That is directly in the multi-site POS and appears to be consistent across all resort POS. Unless there is some grandfathered people I suspect that there is likely a number of people at 8,000 points.
True that is possible. But I know if DVC finds out you are doing that they lock your points. The contract specifically states no one individual may own 4,000 per resort or 8,000 in aggregate. So I think no matter how that person own (individual, trust, company, joint, etc) Disney would/could find out. I did specifically ask this if DVC a while back out of curiosity. This was basically there response. They also said running a company renting points is against the POS.I am not sure if a way around this rule is to have different groups of individuals owning points (multiple accounts).
My first resale contract was bought from person A. When I went to the OCC site to search for the sale, one of the searches I did was looking for person A as the seller. I got lots of hits - 20-30 per year. Some were person A only, some were person A & B, some were A & C, A&B&D, A&D&E....... They were just as active in buying contracts. Now I was curious. Additional internet searches revealed person A actually owned the resale agency I bought from (so the entire offer and negotiation process takes on a new meaning) and they also own a small DVC rental company. I suspect the multiple "owners" keeps them under different owner accounts and avoids the 20 reservation rule. My only point is once someone gets so high in points, there is a possibility they are not all for personal use. They may be for themselves, it may be for themselves and friends and family, or it may be for themselves and modest rentals. Having lots of points at multiple resorts gives someone multiple 11 month booking advantages and flexibility with booking longer stays and dropping days (another booking advantage), on years you don't use a specific resort you might gift/rent those points.
A couple of additional points I wanted to make..True that is possible. But I know if DVC finds out you are doing that they lock your points. The contract specifically states no one individual may own 1,000 per resort or 8,000 in aggregate. So I think no matter how that person own (individual, trust, company, joint, etc) Disney would/could find out. I did specifically ask this if DVC a while back out of curiosity. This was basically there response. They also said running a company renting points is against the POS.
One of the resale companies does purchase instant offers. They basically buy them cheap instantly then flip them. So it’s perhaps why you saw that. Plus they wouldn’t care about being locked out of using the points because that lockout would be lifted as soon as sold.
Agreed I wasn’t suggesting that at all. I was just suggesting a legitimate business practice that could be for why you saw what you saw. Essentially I think what they are doing is allowed with Disney.A couple of additional points I wanted to make..
1. I do not believe this individual is on this list, or am I implying/thinking anyone on this list is "running a big business".
2. I intentionally did not mention the company or individual by name. I did not feel I was mistreated or taken advantage of in my purchase. The negotiations were fine and the sale went quickly. I do not want to get the person or company to get any unwanted attention from Disney or on these boards.
You can own a maximum of 1,000 points per resort and your aggregate across all resorts can not be greater than 8,000 points. That is directly in the multi-site POS and appears to be consistent across all resort POS. Unless there is some grandfathered people I suspect that there is likely a number of people at 8,000 points.
True that is possible. But I know if DVC finds out you are doing that they lock your points. The contract specifically states no one individual may own 1,000 per resort or 8,000 in aggregate.
Apologies it was a typo. I’ve correctedThis is not accurate. The point limit is 4000 points per resort, no more than 8000 in aggregate. (pg 55 MPOS)
Can I be put on this list?
I have 4875 points
Wow! Enjoy!Can I be put on this list?
I have 4875 points
Can I be put on this list?
I have 4875 points