1983DisneyFanatic
New DVC member 2020
- Joined
- Jul 15, 2015
I was told by an agent that the minimum will increase in October. I just purchase the 100 minimum today.
That’s quite surprising. I’m just guessing that demand for DVC is near record lows and yet Disney seems content with it. So odd.My agent just informed me this morning that the incentives after September 16th will not be better than the current incentives.
That’s quite surprising. I’m just guessing that demand for DVC is near record lows and yet Disney seems content with it. So odd.
I also think its diminishing returns on discounts. For RIV the current discounts are pretty good, so what level of discounts would Disney have to go to really entice more buyers? Would another $10 off per point really be enough to generate more sales (and enough to offset the lost profit)? And with the parks at minimal capacity there are fewer people to even sell to. I think keeping the current incentives would be fairly good honestly.That’s quite surprising. I’m just guessing that demand for DVC is near record lows and yet Disney seems content with it. So odd.
Yeah the resale restrictions are really the nail in the coffin for me. Just an added negative that makes it hard to justify.I think if they removed the resale restrictions on Riviera, it'd help them a lot with sales. I personally love the style of Riviera and would choose Riviera over VGF (I do also love VGF, don't get me wrong). I'd rather be in a building with everything in one place than walking outside of VGF to avoid the heat and rain. The food there is amazing, it's close to two of my favorite parks, and we have a rental car every time we go so transportation for me is the same. Just my personal opinion of why I chose Riviera.
I also think its diminishing returns on discounts.
Yeah the resale restrictions are really the nail in the coffin for me. Just an added negative that makes it hard to justify.
Do you believe them? Maybe someone can correct me if I'm wrong but my understanding was that the guides find out the new incentives the morning of.My agent just informed me this morning that the incentives after September 16th will not be better than the current incentives.
Do you believe them? Maybe someone can correct me if I'm wrong but my understanding was that the guides find out the new incentives the morning of.
From my experience working with a large sales organization (think market cap of Disney), we didn't inform the sales staff until the last possible minute. Leadership is still evaluating the impact of current incentives. Why would they make a decision this far out??Do you believe them? Maybe someone can correct me if I'm wrong but my understanding was that the guides find out the new incentives the morning of.
From my experience working with a large sales organization (think market cap of Disney), we didn't inform the sales staff until the last possible minute. Leadership is still evaluating the impact of current incentives. Why would they make a decision this far out??
From my experience working with a large sales organization (think market cap of Disney), we didn't inform the sales staff until the last possible minute. Leadership is still evaluating the impact of current incentives. Why would they make a decision this far out??
I think I know the answer to this but figured I would ask. If I chose to add on say 200 direct but didn't want a 200 point contract would they split that into 3 or 4 smaller ones and still qualify for Blue Card?
I think if they removed the resale restrictions on Riviera, it'd help them a lot with sales. I personally love the style of Riviera and would choose Riviera over VGF (I do also love VGF, don't get me wrong). I'd rather be in a building with everything in one place than walking outside of VGF to avoid the heat and rain. The food there is amazing, it's close to two of my favorite parks, and we have a rental car every time we go so transportation for me is the same. Just my personal opinion of why I chose Riviera.
I find the take on restrictions interesting. It tells me that many buy with the expectation that they can resell and get a high percentage of their buy-in cost returned. I bought (in 1999) assuming the initial buy in was a sunk cost and that should I resell, I would be OK with getting little or nothing back.Yeah the resale restrictions are really the nail in the coffin for me. Just an added negative that makes it hard to justify.
A few things there. First people here on Disboard are for the most part pro resale purchase. So we look at resale value very hard and many of us think (although no real proof to back this up yet) that resale value for RIV is going to be very bad (some think sub $100 to maybe lower etc). Thus since resale is so prevalent here we most likely view the resale restriction much harder than the average DVC direct buyer. I was the same as you and we bought into DVC at first not even understanding or thinking about resale, so our cost was a true sunk cost. Since then we have added on one resale contract and I am in ROFR for another, but I would do direct again if the cost delta was not huge.I find the take on restrictions interesting. It tells me that many buy with the expectation that they can resell and get a high percentage of their buy-in cost returned. I bought (in 1999) assuming the initial buy in was a sunk cost and that should I resell, I would be OK with getting little or nothing back.
So I can get past the restrictions, but not the high annual fees and NOT the point chart. I currently own at BWV and that's probably why I am having trouble with the point charts and fees. Riviera resort is beautiful, its rooms are well done and I do like the Skyliner. But the location is NOT better than that of the BWV and I can't see why I should pay a lot more to own Riviera than the BWV. YMMV.
A few things there. First people here on Disboard are for the most part pro resale purchase. So we look at resale value very hard and many of us think (although no real proof to back this up yet) that resale value for RIV is going to be very bad (some think sub $100 to maybe lower etc). Thus since resale is so prevalent here we most likely view the resale restriction much harder than the average DVC direct buyer. I was the same as you and we bought into DVC at first not even understanding or thinking about resale, so our cost was a true sunk cost. Since then we have added on one resale contract and I am in ROFR for another, but I would do direct again if the cost delta was not huge.
Your second point to me is much more valid about the downsides of RIV. the fees are crazy high but you can maybe talk yourself into that, but the points chart makes no sense to me. Of course as we have seen point requirements for newer DVC rooms have been creeping up over time. And to an extent some make sense (ie I think VGF can demand a premium over SSR in points needed, it is a superior resort in almost every way). But RIV is not really in the same prestige league as VGF, and I equate it to a tad bit less than BLT (you can argue this depending on if you really like MK or if you are more of an Epcot/DHS fan). And for a 1BD at RIV to be 10% or so more in points than a 1BD MK view at BLT is insane to me. So what does RIV really have going for it? It is a nice resort, with very high point demand, high buy in right now (direct versus resale at BLT etc), and fees that are substantially higher than other on site resorts. I just think its a tough sell. The current incentives are just low enough that I looked into it, but once I started weighing point chart, dues, resale restrictions etc I quickly took it off of my list.
I think I know the answer to this but figured I would ask. If I chose to add on say 200 direct but didn't want a 200 point contract would they split that into 3 or 4 smaller ones and still qualify for Blue Card?