I think if they do this it would likely be resale buyers only. If they do this to direct that tanks the sales pitch. It’s more likely they just charge a per point fee (likely one time) to upgrade to full privileges. This is something they put in the Riviera POS already as something they could do. They also said someone could be a full member simply by buying direct points too.
Yeah I agree with the region of $80 which is about the spread between resale and direct for the sold-out resorts. So that seems like a reasonable guess. I could see them do "specials" at times when the economy isn't as well to get an influx of cash.
Nobody would buy. At that price point, there's no reason to go resale; the better option would be to buy direct IF you were going to also "purify" your purchase.
I wasn't suggesting the market and how it would be created. Only that the $80 from the current pricing between direct and resale makes sense. Whether this creates a market or not is up to DVD and how they spin it.
I think what we are referring to is a fee to lift the restrictions on the resale contract. So the L14 resale buyers to trade into Riviera would have to pay the fee and Riviera resale owners would have to pay the fee to trade into all resorts.
Which is why I said the spread between resale direct is likely price point, which you seem to agree with later in your message, to discourage buying resale. Though, thinking about this, it could create a market easily for those on Waitlists for BCV, VGC, or VGF that want to buy direct but the waits are too long. So those people already want to pay the "sold-out" rates and would be willing to do this to skip the waitlist line. My message wasn't to suggest a market but was to just agree the point would need to be rather high and $80 seems reasonable because that is already the price point that DVD is setting Resale vs Direct approximately (and nets a higher margin because ROFR comes at a cost).
) They're destroying the broker market more than the resale market, or attempting to, and it's nasty.
Sorry just was trying to say I agreed with you too, oops. It will be interesting what Disney does when resale tanks, if it does. If resale tanks for Riviera it could tarnish their other resorts in the area on the cash side. All the sudden DVC, which are marketed as Deluxe, are being sold are super cheap rates bringing down the Disney brand. Also it could create higher competition for Disney to fill the cash side if an entire resort fails because people could buy simply for renting out, which wouldn't need to be as high to make a profit (their only method to currently stop this is ROFR super cheap points but they only have so much cash for this). I maintain there has to be some base level of resale that DVD is willing to accept for DVC resorts, which IMO why we are seeing BLT ROFR really high lately, because they felt the 130's that were slipping through to be too low for the resort, which also makes it hard to justify the high direct prices for BLT and new resorts coming online.
This was probably just the first "fielding" phone call to see if they could answer your questions. Considering they couldn't your question will be forwarded above. As for the reason them doing the Resale Restrictions I was 100% told it was simply to drive direct sales, but was also told it was to prevent the view of members that "cheap" points have the same access as "expensive" points at the 7 month mark. Which is probably true and likely the real answer. So I think what you were told was 1 in the same just they left out why it was needed to drive direct sales. But the implication I was given was DVD viewed some resorts as successful and not hurting direct sales while other resorts weren't and hurt direct sales.
