DVC owners- can you help please?

[catlady]

Hi All,

We have been looking into becoming DVC owners for 2 years now, and never quite taken the plunge!! Hubby keeps saying we will not want to keep going every year, but we still do........... ;)

Anyway we have started looking at resales again and I know this is a bit personal but are you expected to make an offer on the price that people are asking, like say you would on a house? or do you buy at the asking price?

If you made an offer for your points, roughly what did you offer below the asking price (%?), and is this why you have to wait for Disney to ok the deal?

Hope the question is not too personal? But I don't want to look daft if we make an offer and your not supposed too!! :blush:

Any tips greatfully received. Might have finally won, (having booked again for Aug. going to Saratoga Springs), hubby finally coming round to my way of thinking :thumbs-up

Kate

[BevS97]

you are welcome to make an offer, but we just paid the asking price as we were quite happy with it. If you offer too low then Disney will ROFR it and you will lose it. if you look at resale listings then you should get a feel for what is the appropriate price for the resort you are looking at, and I wouldn't go much lower than the cheapest listings you see as that's when Disney will step in. You will see a range of prices for a given resort, because people will pay more for banked points, and less for a stripped contract, but you should get a pretty good feel for a suitable range from viewing listings.

Which resort are you looking at?

[catlady]

Hi BevS97,

Many thanks for that. I like Boardwalk, hubby likes Saratoga Springs, also Wilderness Lodge.

From what we have seen SS seems the cheapest, so we were thinking of may-be buying there and then trying to book the others if we can. To be honest I'm happy at any of them!

Kate

[BevS97]

My view (and everyone who owns has a different opinion on this), is that you'd be better buying at the Boardwalk or Wilderness Lodge, as Saratoga Springs is pretty big and you'd be unlikely to struggle getting a booking there at 7 months, but Boardwalk and WL are more likely to sell out.

[catlady]

We only have a certain amount to spend (small policy ended), so my thinking was to buy as many points as we can with the amount available, as we have to go in the school holidays at the moment!

Do you have a resale agency you would recomend?

[BevS97]

It's not a bad philosophy, might be worth looking at Old Key West as well, they can be reasonably priced.

We used Kinn and Jaki who are sponsors on here. resalesdvc.com

[catlady]

Hi Thanks again,

I have looked at that site didn't realise they were a sponsor on Dibb, so I'll check them out again. Thanks

I've seen SS for $79 dollar a point which seems a good deal to me, we don't need banked points because we have booked for this year!

Oh! I think this is worse then buying and selling a house!!

[BevS97]

If you buy DVC now, I'd bet $$$ that you will find a way to check out your new home on your next trip!

[Leanne1977]

Hi Thanks again,

I have looked at that site didn't realise they were a sponsor on Dibb, so I'll check them out again. Thanks

I've seen SS for $79 dollar a point which seems a good deal to me, we don't need banked points because we have booked for this year!

Oh! I think this is worse then buying and selling a house!!

Just be careful that the cost isn't too low. You could see your ideal contract but if the cost is too low then Disney will buy it instead and you will lose it.

We are waiting to close on our SSR contract. It passed ROFL a couple of weeks ago!:spin:
We paid the asking price of $83 a point as we were happy with that cost and the contract was perfect for our 2009 needs. We are wanting to go next year for 4 weeks and the contract we are buying has 230 points coming in June this year, so as we are already sorted for Dec 08 we are able to bank all of those and have double points for our big Aug trip.:grin:
We are aiming to stay at Pop or similar on the weekends as the points costs are high on Fri and Sat.

But basically our contract should enable us to have a 4 week trip every year in Aug if we wish to.:thumbs-up

We also used Kinn and Jaki and I can certainly recommend them. They are very friendly and everything is explained to you. They will also advise you on which points costs are passing ROFR so you can judge if you are going in too low.:wave:

[Leanne1977]

If you buy DVC now, I'd bet $$$ that you will find a way to check out your new home on your next trip!

Thats exactly what we are hoping to do with the 33 banked points on our nearly bought contract!:D

[Saratoska]

if it is SSR you decide on and depending on how many points you wants to buy (disney have a minimum) they are doing a good deal at the moment. They are offering $10 off per point and free developer incentive points.

[catlady]

Hi Ali and Boyz,

Thanks for that. Do you happen to know the price with Disney at the momment? We looked last year but couldn't afford to buy direct from Disney then!

Also what are they selling Animal Kingdom for, does anyone know?

We are looking to buy around 250 points.

[Leanne1977]

Hi Ali and Boyz,

Thanks for that. Do you happen to know the price with Disney at the momment? We looked last year but couldn't afford to buy direct from Disney then!

Also what are they selling Animal Kingdom for, does anyone know?

We are looking to buy around 250 points.

I think AKV is $104 per point.

[TinkTatoo]

Hi Ali and Boyz,

Thanks for that. Do you happen to know the price with Disney at the momment? We looked last year but couldn't afford to buy direct from Disney then!

Also what are they selling Animal Kingdom for, does anyone know?

We are looking to buy around 250 points.

There is a current promotion on at the moment which gets you $8 off per point at AKV and $10 off at SSR so the price would be

$96 per point net ($104 - $8 incentive) at AKV
$94 per point net ($104 - $10 incentive) at SSR

Also if you could get another members name as a referral you would also get a one time bonus of 100 Developer's Points. Which are yours to use in your first year.

[Saratoska]

Hi Ali and Boyz,

Thanks for that. Do you happen to know the price with Disney at the momment? We looked last year but couldn't afford to buy direct from Disney then!

Also what are they selling Animal Kingdom for, does anyone know?

We are looking to buy around 250 points.

offer is in my bookmark :d:

purchase 110- + vacation points and receive 100 complimentary vacation points plus receive a minimum credit ofo £8 per point. $104 less the $8 = $96
if re-sale is $79 you would be cheaper going re-sale

how many were you wanting / needing to buy

[les13]

Hi Catlady!
I too bought from Kinn & Jaki and can't recommend them highly enough. I should think that they would be able to advise you on how much your offer should be and whether it runs the risk of passing ROFR.

I , like Bev think that you should consider carefully where you buy into and not just go with the "most points for your money" resort, UNLESS, you would be happy to stay there.
I've read so much recently about people finding it difficult to get a resort , other than their "home resort" at the 7 month window. (Do you understand all about the 11/7 month booking window?)

Here are some links that might help you.

photos of resorts
http://www.allearsnet.com/acc/dvc.htm

current pricing and Incentives(direct purchase from Disney)
http://dvcnews.com/index.php?option=com_content&task=view&id=227&Itemid=173

I reckon that we were about $2500 less for our resale purchase than we would have been buying the same number of points & resort directly from Disney. Another plus was that our contract had almost all of the previous years points banked ie unused.
Downside to resale? It took 7 weeks start to finish. Not much of a downside in my book. ;)

Good luck, and I'm sure if you contacted Kinn, he'd be happy to advise you on any aspect of DVC, without a doubt. :thumbs-up

Lesley

[les13]

This page also tells you that the current promotion is about to end and that there may be a price increase in March!http://dvcnews.com/index.php

[Jools]

Another of Jakki and Kin's happy customers here.

We knew we wanted to buy into the Boardwalk and kept watching for the right package for us to become available. We offered the asking price and everything went through very quickly and easily.

I'd also advise you to buy into the resort you wish to stay at, especially if it's one of the smaller ones.

Good luck, I hope you find what you want :)

[catlady]

Hi All,

Many thanks to you all for the advice and information, it's kind of you all to take the trouble.

The links to the photos were really useful (thanks Les13), as I haven't seen inside all the DVC sites on offer.

We hope to find the right package for us, which I think will have to be resale even with the discounts, although I love the idea of Animal Kingdom I have to say.........as it's my fav. resort hotel!


Thanks once again.

Kate

[Saratoska]

Hi All,

Many thanks to you all for the advice and information, it's kind of you all to take the trouble.

The links to the photos were really useful (thanks Les13), as I haven't seen inside all the DVC sites on offer.

We hope to find the right package for us, which I think will have to be resale even with the discounts, although I love the idea of Animal Kingdom I have to say.........as it's my fav. resort hotel!


Thanks once again.

Kate

I think (if its AK you want) you will get that on re-sale to . I know there is ones listed at the moment from 50 points to 200 points over on the DIS - timeshare store

[Grandma Jaki]

Hi "cat lady" Kate. I am Jaki, the person referenced here as pertaining to assisting several DIBBERS in buying their DVC through resales through us here at resalesdvc.com I have sent you a private email. Please check it out and let me know if you did not get it. I know you have lots of questions and I can assist you with them. It is exciting that you folks have finally made the decision to join Disney. I live 3 miles from the gates of Disney. This is a very busy week for our tourists as it is a holiday week here in the U.S. I know you are looking forward to being one of those tourists. We love you. Looking forward to chatting with you here on the DIBB and also privately. Grandma Jaki :wavey:

[tomnj]

Will 250 pts be enough for your family? Have you done a DVC presentation at any resorts?

I'm sure you are aware of the annual dues. Just keep in mind they will cost you $1000+

The studios at Saratoga arent nice. They recvd uniformally poor reviews on TA and expedia. I hope Jaki will steer you to the right options if you choose to purchase.

[Leanne1977]

Will 250 pts be enough for your family? Have you done a DVC presentation at any resorts?

I'm sure you are aware of the annual dues. Just keep in mind they will cost you $1000+

The studios at Saratoga arent nice. They recvd uniformally poor reviews on TA and expedia. I hope Jaki will steer you to the right options if you choose to purchase.

I really wouldn't take any notice of the reviews on TA. Those people moan if their Mickey soap isn't left at a 90 degree angle to the sink!

We are very much looking forward to staying in a studio at SSR. We are used to staying at Pop and All Stars and are perfectly comfortable there. The studio at SSR is a bit bigger so we are laughing!:thumbs-up

[BarryandCaron]

I really wouldn't take any notice of the reviews on TA. Those people moan if their Mickey soap isn't left at a 90 degree angle to the sink!.................

That is so funny Leanne and perfectly true :pgig:

We've just passed Disney's ROFR on 210 points at OKW. We are purchasing through Jaki and Kinn here on the Dibb. Everything has gone really smoothly so far. We offered $2 less on the asking price and it was accepted straight away. The main plus for us is that we have a whole year of points to bank to use on our hols next year.

Caron

[Saratoska]

The studios at Saratoga arent nice. They recvd uniformally poor reviews on TA and expedia. I hope Jaki will steer you to the right options if you choose to purchase.


Well I thought the studios were lovely, they may not suit everyone size wise but then if you needed a kitchen etc you would need to look at the bigger unit. to say they aren't nice is a bit strong.

[Princess Ploppy]

Will 250 pts be enough for your family? Have you done a DVC presentation at any resorts?

I'm sure you are aware of the annual dues. Just keep in mind they will cost you $1000+

The studios at Saratoga arent nice. They recvd uniformally poor reviews on TA and expedia. I hope Jaki will steer you to the right options if you choose to purchase.

Out of interest have you actually stayed on a studio at SSR?

SSR is my home resort mainly because we bought directly through Disney last May and they had a good promotion on for SSR at the time. We liked the resort and would be really happy staying there if nothing else was available. Incidentally for my July / August trip we have 2 weeks at SSR and 1 week at Beach Club all in a 2 bed and we had no problems getting availability at BCV in August at the 7 month window. In fact we could have got any of the DVC resorts.

I have stayed in a studio at SSR a couple of times now and I don't think there is anything wrong with them. Everything you need and very comfortable. If you need more facilities then you stay in a bigger unit - the same as with any of the DVC resorts.

[Grandma Jaki]

Nothing wrong with the studio at SSR. Been there, done that. Beats sleeping in the back seat of your car. Ha. Might be crowded if you took 5 people (not supposed to anyway,) but we always have to remember that we are on vacation and not planning to "make it our permanent home". Most of the time you are out enjoying the attractions and only sleep in the room. Was big enough for me and my husband. :spin: Grandma Jaki

[les13]

I really wouldn't take any notice of the reviews on TA. Those people moan if their Mickey soap isn't left at a 90 degree angle to the sink!



:pgig: :pgig: :pgig: :pgig: :pgig:
Love this!

It's true though. I take everything I read on TA with a pinch of salt. ;)
For every ONE person that moans, there are probably MANY more who were thrilled and didn't feel the need to vent their spleen on the internet.

[tomnj]

Well I thought the studios were lovely, they may not suit everyone size wise but then if you needed a kitchen etc you would need to look at the bigger unit. to say they aren't nice is a bit strong.

I made the statement because I dont think 250pts is enough for a week in Oct for a 2-bedroom. I believe its 255. Didnt want her to cut herself short if she wanted to stay a week in 2-bed. The "true" 2-bedroom units are much better for my family.

Sorry, maybe I was a bit strong. If you look at it from my angle ... for $300+/nt (non dvc) at that price point I expect a certain level of amenity, comfort and sophistication and it is not there.

I dont mean to insult those who own in SSR. Sorry. I wish you all the best with many happy years there.

[catlady]

Thanks again for all your input/advice.

Jaki - Many thanks for the PM yesterday, I will certainly be in touch when we are in a position to go ahead.W

We did the tour in 2006 around SSR and nearly took the plunge then, (really wish we had, but hind sight is a wonderful thing!)

We stayed in a 1 bed at SSR last year and have booked again this year (as Disney guest), I like the resort personally, it is quiet in most areas, I like the golf views, the kids love the main pool, I like being near Downtown, and is it is probably less 'themed' then other resorts so you don't get as fed up with the decor!

I haven't stayed in a studio so can't comment, but they looked fine to me when we looked round on the tour/presentation!

I know DVC isn't for everyone, and it certainly isn't a cheap way of doing Disney, but we tried a villa and it just isn't for us, so we pay out to stay in Disney itself and that costs more!! I would be happy staying at any of the resorts really, and if we buy SSR then I would be more than happy to stay there, if we couldn't get in anywhere else.

250 points (or near abouts) is realistically what we will get for our available money. This would get us 2 weeks in late Aug in a 1 bed, every other year. We usually stay at a beach resort if we are able to stay longer then 2 weeks or Universal for a few days, so 2 weeks is fine for us. We realise we will not have enough points to do every year, but with the kids getting older that hopefully will be enough!!

We are aware of the dues every year and even with those hubby has worked out if we had bought in 2004 (when we first found out about DVC), the points would have paid for themselves next year (if we booked the same as this year!).

Thanks again to you all, and congrats. Barry and Caron on passing ROFR! Excellent news!

[Vabeth]

The studios at Saratoga arent nice. They recvd uniformally poor reviews on TA and expedia. I hope Jaki will steer you to the right options if you choose to purchase.

Well we think the Studios at SSR are lovely and I never, ever believe anything i read on Trip Report! ! :confused2
We stayed in one last week and certainly have no complaints! There is plenty of room, much more than we're used to getting in your average hotel room, and the king size bed and pull out sofa bed were both extremely comfortable!
Last year we stayed in a 1-bed, but we were so pleased with the Studio we will only stay in them in future - meaning we can save the extra points for another/longer trip! :wave:

[BarryandCaron]

Well we think the Studios at SSR are lovely and I never, ever believe anything i read on Trip Report! ! :confused2
We stayed in one last week and certainly have no complaints! There is plenty of room, much more than we're used to getting in your average hotel room, and the king size bed and pull out sofa bed were both extremely comfortable!
Last year we stayed in a 1-bed, but we were so pleased with the Studio we will only stay in them in future - meaning we can save the extra points for another/longer trip! :wave:

I'm glad you liked the studios V. We're planning on just staying in studios as we couldn't have Josh sleeping in the lounge area on his own in a 1 bedroom. I've been wondering if I will feel like we are missing out if we don't stay in one bedroom villas.

Caron

[Vabeth]

I'm glad you liked the studios V. We're planning on just staying in studios as we couldn't have Josh sleeping in the lounge area on his own in a 1 bedroom. I've been wondering if I will feel like we are missing out if we don't stay in one bedroom villas.

Caron

Caron, i thought i'd feel like that as we'd been 'spoilt' on our first visit, but it honestly didn't bother me!
Yes, it was very nice having all that room in the 1-bed and having the jacuzzi in the second bathroom, but we don't go away to spend all day in the bath ;) so it really wasn't a problem! :wave: