- Joined
- Nov 15, 2008
Who in the name of everything are the 6 people who bought Vero Beach Direct!?!? $140 per point!
Is the BLT direct price set to be uncompetitive with the Grand Floridian price?
I really do think the imbalance of room inventory is a bigger issue than people realize. I know that Disney was probably trying to satisfy the higher demand for studios. But for DVC afficionados, the resort studios miss a lot of marks on why we love DVC villas. I wonder if the original VGF villa rooms been harder to book since the influx of these new resort studios?-Maybe people don’t love the Resort Studios
What is a direct closed contract?Many people are buying direct “closed” contracts.
Probably neverWhen will we know how many Aulani points sold direct?
I can't believe they ROFR'd a VGF contract in December. Looks like the direct price increases have essentially killed demand for OKW and SSR as they are no longer considered "step down" products. VGF and RR are barely half sold, meaning there will be 4 active resorts selling when VDH comes out. I wonder how it will bode for VDH pricing. Even though direct sales have slowed, 2022 looks like another great year for direct sales. I wish DVC news would update us on the resale market trend. Love these reports!
I really do think the imbalance of room inventory is a bigger issue than people realize. I know that Disney was probably trying to satisfy the higher demand for studios. But for DVC afficionados, the resort studios miss a lot of marks on why we love DVC villas. I wonder if the original VGF villa rooms been harder to book since the influx of these new resort studios?
The key issue is whether is this based on the closing date or the contract signed.
The real news is they ROFR a VGF contract - when was the last time they ROFR a resort in active sales?
That certainly makes more sense.Do we know that it was ROFR? It may have been foreclosure.
Hey, here’s a question: Are there foreclosure auctions for foreclosed timeshare properties like their are for other types of properties?Do we know that it was ROFR? It may have been foreclosure.
But "extra points" which is much more of an incentive - were still in play for about 40% of the timeframe.Good question. For a hint, we can go back to the report for March sales. VGF sales opened up on March 3, 2022. According to the March report:
https://dvcnews.com/dvc-program/fin...-sales-resume-direct-sales-jump-in-march-2022
Sales began 3/3 and the first sales recorded were 3/15.
So about 12 days from sale to it being recorded.
The new incentives hit VGF on November 17th. Based on the logic from March, that would suggest most of the sales in December 2022 were based on the new incentives.
But "extra points" which is much more of an incentive - were still in play for about 40% of the timeframe.
The 125-point VGF deed reacquired by DVD was likely not a Right-of-First-Refusal. Based on the Deed Document Tax amounts on original deed transaction and the subsequent Warranty Deed filed in December, it was reacquired for almost the same price the buyers paid for it back in March 2022. I flagged it as a buyback, meaning that, for whatever reason, DVD agreed to buy back the deed from the owners.The real news is they ROFR a VGF contract - when was the last time they ROFR a resort in active sales?
VGF started with 2022 points, no matter the UY. RIV sales did include the 2021 points.I admit that I'm confused by that sometimes. Wouldn't anyone buying a use year of June or later have gotten double points? (June 2022 +June 2023 points, if they purchased an June use year in December ... So buyers of June, August, September and October use years would have gotten double points?