It likely never will resolve but it might be better once the 2042 resorts fall out. The % of 2042 non qualified resale owners will be VERY small even many years from now and really it will be small or all currently sold out resorts. So most owners will have access. But it's really no different from now in that if you have high demand option you. must reserve well in advance of the 7 month window. Plus we don't know the access will be the same to the new system as those who own inside it anyway.
I was only referring to potential resale buyers of Riviera. As a resale buyer you go into that contract knowing full well you are just limited to that resort. DVD is trying to steer those people to buy direct by giving them access to all past,and future resorts. Also anyone who was,an,owner before,1/19/2019 is not affected by not being able to book anywhere. My reference to a dirty water dog cart is not to imply resales are,"dirty" it is just what everyone,from,around here calls the food carts, food trucks are known as roach coaches. And again not agreeing with what DVD is doing , just understanding the reason why they are doing it. Money grab, same as the point chart change only that they may have realized they overstepped the boundaries with the charts, time will tell. I feel long time owers got spoiled with new resorts they could use opening up from time to time and the value of their contacts increasing to the point they could sell them for more that they paid even with almost have the years gone. How many other timeshares can you say that about? If you are going to buy today you just have to do it with both eyes wide open and without any pixie dust.
Yes the direct buyer of the new resorts is gonna get slammed if and when they sell. But most timeshare buyers don’t even give a second thought about what would happen if they had to sell. Why would you worry about selling when you are buying? This is what DVD may be counting on. The salespeople are all over the parks and resorts so they pretty much have a captive audience to tout the values of buying a membership. All you have to do is a search on the internet for other time shares that are for sale and see how cheap they are going for compared to what they paid for them. Some are so worthless that charities will not even accept them. At least the new resorts will have some value, just not like they did before the new rules for future resorts. If the resort is done right, I don’t think they will have any problem selling points, same as other timeshares sell their weeks or points. I for one will not be a direct buyer of Riviera but if I like the place and the price is right I would be a resale buyer knowing that if I have to sell I will not get hosed.
Why would I say that??? You have answered that question in your reply. Buying a timeshare is not an investment, it is a prepaid vacation plan.
Most aren't going to think about it or if they do, assume it won't affect them. Saying they will be fully educated is a stretch, most aren't as the reallocation discussions have proven.
That was when I was a member of the only Disney Club that I '"loved". The Magic Kingdom Club. Sigh
In a sense you did in that you had a contract that stated what was contractual and that future resorts might or might not be added. That is all still in place even after Riviera opens assuming it's not added to the current system.
But it's really one and the same. You have not lost any of the options that were contractually guaranteed.
While I agree with you here. My concern is that there will be an imbalance between the new resorts and old resorts at some point. Either there will be more eligible new resorts looking to trade into the old resorts than old resort members who can trade into new resorts. Or there will be more eligible old resorts looking to trade into the new resorts than new resort members who can trade into old resorts. Either way the trading system as it currently stands in about 5 years will be wildly different. Hopefully the new resorts take off and make them worthwhile choices on their own. Thus limiting the impact of this imbalance that will eventually come.
True but as the system is set up and is c/w the contractual wording as I read it thus contractually speaking I don't think it matters. I suspect it'll take longer than 5 years and I doubt there will ever be a big issue as the % of those with resale not qualifying will continue to be small but will slowly increase over time. And we don't know the access will be the same between the current system and the new system, it might not be as we're accustomed to. It'd be common to have an offset say 11 month home resort priority, 7 months within the rest of THAT system and 6 months for crossovers. We'll see, should be interesting.
I'm hoping for some sort of 3rd booking period in the future as a crossover between the resorts. Also this new setup they have starting with Riviera will be interesting to see how it works. Because our Contracts all tie admission to the club (right to change resorts) to our deeds however the new contracts won't be doing that. So there is actually a large change in the contracts that is coming. Personally if Riviera succeeds and each subsequent resort does it won't be a problem. I suspect the biggest one that will be an issue is Reflections as that location isn't that competitive over CCV, BRV, VGF, etc. and has all these restrictions. At least Riviera is a DVC resort with access to DHS and Epcot (might be super easy with the gondolas might not be but I think for sure better than buses).
