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So Jeff, Derek, this is for you 
guys as much as the audience. 

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If we feel a little distracted, 
that's because I have a, I have 

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a video here and video down here
playing right now because 

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00:00:12,000 --> 00:00:15,200
apparently there's a giant 
rocket that's supposed to launch

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in 10 minutes. 
Down here in Florida, Artemis 2 

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is taking off with people headed
to the moon. 

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So if we just run away all of a 
sudden or scream and leave then.

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Yeah. 
Yeah, you'll know. 

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00:00:28,480 --> 00:00:31,800
It's because we went to check 
out and see a rocket launch, 

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00:00:31,800 --> 00:00:34,440
which is super cool. 
Yeah, but you won't really 

11
00:00:34,440 --> 00:00:36,200
notice because we'll just be 
gone and back and. 

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Oh yeah, we'll edit it out like 
like, maybe we'll just say like.

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Leave our empty chairs the whole
time. 

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The chair's empty. 
Never come back. 

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It'll be an hour of just empty 
chairs. 

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But let me let me just say, if 
you have any interest in space 

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and you're coming to, you know, 
down to Disney anyway, one, 

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consider checking out the 
Kennedy Space Center over on the

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Space Coast. 
And two, there are rocket 

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launches all the time anymore. 
My mom was here what a few weeks

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ago and she got the C1 and I 
thought was there a second one 

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that was happening or we had 
just missed it? 

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Yeah, it's. 
Through that week. 

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It's super cool because it's 
also crazy how you acclimate to 

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it after a while because, you 
know, SpaceX and Starlink is 

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launching so many rockets a week
right now that like for us, it's

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just like, Oh yeah, another 
rocket launched. 

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But but like Amy's mom was out 
there. 

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Oh, look at it. 
Look at it go Oh my God that is 

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so cool. 
It is cool. 

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And when we remember to go look,
especially tonight, like to see 

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Artemis. 
That's historic. 

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Yeah. 
But you know, you can probably 

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see them if you pay attention to
the schedule. 

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Look at SpaceX schedule, NASA 
schedule. 

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And you you can see them from 
Disney, you know, as well. 

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We've seen them from Beach Club 
before. 

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And yeah, so we we just go right
out our back that our back door 

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can see it from our backyard, 
which is really neat. 

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It's t -, 10 minutes and 
counting. 

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We got to wrap up this show, 
folks. 

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We got to go, 
everybody. 

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And welcome to this week's 
episode of The DVC Show. 

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I am your host Paul Krieger, 
joined as always by my lovely 

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wife Amy Krieger. 
Hello. 

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00:02:27,200 --> 00:02:30,280
Sales Executive for the DVC 
Resale market, Derek Tabor. 

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00:02:30,880 --> 00:02:34,480
Hey now everybody, happy Monday.
The honorable Oh, you made it 

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back too fast. 
He literally left his seat like 

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00:02:37,400 --> 00:02:40,200
he was gone like, and he, he 
made it back. 

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The Honorable Jeff Haslam. 
Hey dudes. 

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00:02:43,520 --> 00:02:46,960
No, no. 
Yeah, no, I didn't tell him no. 

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00:02:46,960 --> 00:02:48,760
I'd love it. 
Hey dudes. 

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00:02:49,600 --> 00:02:52,320
It reminds me of Clark Griswold 
before he goes down. 

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00:02:52,320 --> 00:02:55,960
Hey now we got Hey dudes, what 
does that make us? 

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00:02:55,960 --> 00:03:00,040
I know it reminds you have 
Griswold on Lampoon's Christmas 

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vacation when he like later, 
dude, when he lubes up that 

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00:03:03,400 --> 00:03:06,200
Yeah, the Oh my gosh, the sled 
I'm. 

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Just. 
Hey dude, the Tennessee to 

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sponsor us. 
That's really that's my new 

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catch. 
Oh, he does like this. 

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There's. 
Algorithm. 

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Oh, you weren't lying. 
It really is. 

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They are counting down, right? 
Yes. 

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Are you sure the countdown's 
gone? 

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No. 
The countdown's down here, 8 

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minutes and 9 seconds. 
So within about 3 minutes we'll 

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we'll all take a little pause, 
but you guys won't notice. 

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We'll edit it out, be back in in
a flash and tell you, wow, that 

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was super cool. 
But yeah, hang on to your butts 

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folks, because this is going to 
be a wild roller coaster of a 

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ride. 
We are here this week talking 

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Spring 2026 DVC market updates, 
and boy has there been a lot 

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going on in the DVC space. 
From things that happened the 

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first of the year with the $500 
resale admin fee to things that 

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literally just happened 
yesterday with DVC releasing 

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some new commercial use policy 
updates that relate back to the 

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changes that they implemented in
June of last year and how those 

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00:04:06,520 --> 00:04:10,480
affect commercial renters. 
And people out there that really

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just aren't aren't treating 
Disney Vacation Club the way it 

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should be treated for vacations.
But we're going to dive into all

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of that and more on this week's 
episode. 

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This and everything as always is
brought to you by Key Holder 

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Vacations and the world of DVC 
DVC resale market where you can 

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00:04:29,840 --> 00:04:33,080
buy or sell a Disney Vacation 
Club contract. 

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00:04:33,480 --> 00:04:38,040
Monera Financial who can assist 
you in financing that DVC resale

86
00:04:38,040 --> 00:04:42,120
contract purchase the DVC rental
store where you can try before 

87
00:04:42,120 --> 00:04:45,760
you buy, rent some points or if 
you've got some extra points 

88
00:04:45,760 --> 00:04:48,720
this year, you can rent those 
out for cash. 

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00:04:49,120 --> 00:04:52,880
And a big one that we really 
want to highlight this this week

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is unlocked magic. 
So you know, I, I was telling 

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these guys before we started 
filming this show, but actually 

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you, our DVC fan community is 
who really has made Unlocked 

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00:05:06,240 --> 00:05:09,040
Magic what it is and what it's 
so special. 

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Unlocked Magic is a ticket 
provider for Walt Disney World 

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00:05:13,520 --> 00:05:16,840
Disneyland Universal Park 
tickets and trust me when I tell

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you, you guys buy them the most 
Unlock magic.com/DVC fan. 

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You guys are going there. 
You guys are realizing that yes,

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00:05:23,880 --> 00:05:26,840
we offer some great deals on 
Disney Park tickets. 

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And so as part of a thank you to
that owing Magic is launching 

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what they're calling their 
Golden Golden Ticket program, 

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which is essentially giving back
to this amazing community and 

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all of the people that have made
that company so successful over 

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00:05:44,040 --> 00:05:47,000
the course of, of the past year 
or so. 

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I, it's been like a year, I feel
like since unlocked Magic really

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00:05:49,960 --> 00:05:53,240
kind of launched as that, as 
kind of that, that ticketing 

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platform. 
So over the course of the next 

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00:05:56,760 --> 00:06:00,560
month from this show going up, 
if you head to 

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unlockedmagic.com/DVC fan and 
place a ticketing order, 1 lucky

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00:06:06,520 --> 00:06:10,280
winner is going to be, you know,
Willy Wonka is going to give the

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golden ticket out and you are 
going to get your ticket order 

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00:06:13,280 --> 00:06:17,920
completely refunded. 
Yes. $0.00 and zero cents you're

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00:06:17,920 --> 00:06:20,000
going to get. 
Yes, so they're choosing a 

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00:06:20,000 --> 00:06:22,680
member of the DVC fan community.
So you want to be sure that when

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you go to unlock Magic, you go 
to unlockmagic.com/DVC Fan Total

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so that you are a member of the 
DVC community per making your 

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00:06:31,640 --> 00:06:34,720
purchase. 
Yeah, so super thankful for all 

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of you that have chosen to 
support Unlock Magic so far with

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your ticket purchases. 
It is the best and cheapest 

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00:06:41,120 --> 00:06:43,640
place to get tickets. 
Jeff has single handedly kept 

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00:06:43,640 --> 00:06:47,000
them in business, I think with 
family tickets and stuff that 

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00:06:47,000 --> 00:06:49,640
have been sold. 
But yeah, over the course of the

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00:06:49,640 --> 00:06:54,600
next month, you know, maybe 
you'll receive a video call from

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00:06:54,600 --> 00:06:57,320
Derek dressed as Willy Wonka 
telling you that, you know, you 

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you got the golden ticket. 
And now that I've said it out 

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loud, it's really going to 
happen. 

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00:07:01,760 --> 00:07:04,200
I'm going to be on Amazon later 
tonight trying to find AI feel. 

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00:07:04,520 --> 00:07:06,720
Like they should have to ride 
living with the land because 

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00:07:06,720 --> 00:07:09,080
that boat looks so much like. 
Oh my goodness. 

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00:07:09,880 --> 00:07:12,600
Wonka like have Derek at the top
singing. 

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I can't remember the theme song.
In your imagination, I don't. 

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00:07:19,880 --> 00:07:24,000
I don't know it that well, but. 
Remember, remember, the purpose 

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of this is we want people to buy
tickets. 

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So just remember that. 
I love how, you know, I was I 

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was talking to them earlier 
today and they were like, hey, 

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00:07:34,600 --> 00:07:36,840
you could say it like this, you 
could say it like that and I'm 

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00:07:36,840 --> 00:07:38,760
like, no, I'm just going to play
it. 

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However it plays out. 
You know what, this road itself 

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better than I could have ever 
imagined. 

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Hey, Speaking of really cool 
things on the horizon, I did 

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want to bring up really quickly 
that coming up in just one short

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week. 
So on Monday, April 13th, we are

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launching something on DVC Fan 
that really has been something 

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that Amy and I have talked about
for the better part of the past 

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two 3-4 years and that is DVC 
Fan forums. 

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We wanted to provide an 
opportunity and a place for this

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amazing Disney Vacation Club 
community to get together to 

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communicate and have those 
interactions a little bit off of

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the traditional social media. 
We know that there's some people

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that don't like social media. 
We understand that there's 

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people that like forums. 
We understand that there's 

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people that like Reddit for some
reason. 

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00:08:27,120 --> 00:08:31,040
I've really gotten into Reddit 
recently and I'm in there, you 

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00:08:31,040 --> 00:08:35,000
know, dungeon crawler, Carl 
community, all kinds of stuff. 

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It's a book, in case you were 
wondering. 

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It's a great book. 
It is a great. 

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Book. 
But anyhow, we've been 

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diligently working behind the 
scenes and we are really excited

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to unveil our DVC fan forums. 
Couple quick takeaways, These 

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forums are going to be ad free, 
which I know is a big thing out 

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there in this space, and it's 
going to be a growing community 

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where we listen to you and your 
feedback and really make this 

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00:09:02,720 --> 00:09:05,840
into exactly what you want it to
be. 

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Super thankful for this, you 
know, amazing community for, you

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00:09:11,160 --> 00:09:15,200
know, just investing in US and 
wanting more of us and here you 

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go. 
I hope you like it. 

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We're going to go live probably 
that Monday, April 13th and 

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share everything about it with 
you, take you on a live tutorial

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00:09:24,600 --> 00:09:28,040
and everything like that. 
But just wanted to share it here

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00:09:28,040 --> 00:09:31,520
first, give you a little quick 
glimpse of what maybe they might

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00:09:31,520 --> 00:09:34,200
look like. 
But a lot of work going on 

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00:09:34,200 --> 00:09:36,760
behind the scenes. 
Thanks to everyone in Key Holder

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Vacations and in our GVC fan 
space that has really been 

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working to make this a reality. 
Derek, I'll go to you in a 

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question. 
In a couple minutes we're going 

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to disappear because in 2 
minutes a rocket's going to 

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launch. 
Hey, we got people headed to the

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moon. 
That was super cool. 

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We literally all just like 
jumped up out of our chairs real

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quick and then went and watched 
a little bit cloudy here today, 

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but you know, hopefully we can 
put in a couple cool pictures or

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videos. 
We know Jeff and DVC day in. 

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00:10:06,560 --> 00:10:09,040
They're out there at Titusville.
They drove out for the launch 

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00:10:09,040 --> 00:10:09,960
today. 
So did they. 

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I wanted. 
They wanted to. 

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00:10:11,240 --> 00:10:13,120
I knew I didn't know that. 
Yeah, maybe they'll have a cool 

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00:10:13,120 --> 00:10:15,800
video that we I'm. 
Glad that it worked out and it 

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00:10:15,800 --> 00:10:17,760
launched so they could see it. 
Yeah, yeah. 

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00:10:18,520 --> 00:10:22,320
So, you know, godspeed to them. 
They're headed for a week long 

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trip around around the moon and 
back and then hopefully within 

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another year or so we'll 
actually be sending some people 

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back to the moon. 
That's pretty cool. 

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00:10:30,680 --> 00:10:33,160
Not to over shadow those other 
announcements again. 

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00:10:33,160 --> 00:10:38,720
Unluck magic.com/DVC fan, Buy 
your tickets and you know 1 

194
00:10:38,720 --> 00:10:41,360
lucky person is going to get 
that golden ticket and that 

195
00:10:41,360 --> 00:10:45,640
creepy call from Derek maybe 
letting them know that their 

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00:10:45,640 --> 00:10:47,600
entire ticket order is being 
refunded. 

197
00:10:47,600 --> 00:10:51,560
And then you know. 
Stay updated on dvcfan.com and 

198
00:10:51,560 --> 00:10:54,920
in the DVC Fan Facebook group 
for the launch of DVC Fan 

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00:10:54,920 --> 00:10:57,480
Forums. 
I personally am so excited about

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00:10:57,480 --> 00:11:01,440
this because it's been just 
something that has has been a 

201
00:11:01,440 --> 00:11:04,680
passion of mine and it's pretty 
cool to kind of see at launch 

202
00:11:04,680 --> 00:11:07,920
and I love how it looks. 
So shout out to Ben, who's been 

203
00:11:07,920 --> 00:11:09,360
doing a lot of work behind the 
scenes. 

204
00:11:10,480 --> 00:11:13,080
Derek, that'll take a computer 
for you to get on. 

205
00:11:13,320 --> 00:11:14,600
Do you have one of? 
Them no. 

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00:11:14,920 --> 00:11:19,320
So this was my question before I
was rudely interrupted by a 

207
00:11:19,320 --> 00:11:22,840
rocket launch was my question to
you Paul was how would you 

208
00:11:22,840 --> 00:11:27,160
describe these forums like let's
just say that someone's maybe 

209
00:11:27,160 --> 00:11:30,680
only familiar with the great DVC
fan group on Facebook. 

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00:11:31,320 --> 00:11:34,360
What would you say to them to be
like well why should I go on a 

211
00:11:34,360 --> 00:11:36,760
forum or what's the difference 
of it? 

212
00:11:36,840 --> 00:11:39,360
Are you able to? 
Yeah, I think, I think the 

213
00:11:39,360 --> 00:11:42,120
biggest thing with a forum that 
can really, you know, 

214
00:11:42,120 --> 00:11:45,840
differentiate itself from 
traditional social media is 

215
00:11:45,840 --> 00:11:49,880
we're not only able to 
categorize and, and, and put a 

216
00:11:49,880 --> 00:11:53,480
conversation in a certain place,
but you're able to find it 

217
00:11:53,480 --> 00:11:56,680
again, you know, in in Facebook 
groups, there's really not any 

218
00:11:56,680 --> 00:11:59,480
great way to search a group for 
certain information. 

219
00:11:59,760 --> 00:12:01,960
And so that's one of the really 
cool things. 

220
00:12:02,360 --> 00:12:05,160
I'm not going to spoil all the 
bells and whistles just yet, but

221
00:12:05,320 --> 00:12:08,000
we're doing some really cool 
stuff with search to make you 

222
00:12:08,160 --> 00:12:11,800
you able to find conversations 
that you're interested in or 

223
00:12:11,800 --> 00:12:13,680
certain topics that you're 
interested in. 

224
00:12:13,880 --> 00:12:16,720
We're going to stay very high 
level focused on Disney Vacation

225
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Club right now. 
For those data nerds out there, 

226
00:12:19,400 --> 00:12:22,280
those people that love to get in
the weeds with numbers and 

227
00:12:22,280 --> 00:12:24,160
crunch the numbers and all of 
that kind of stuff. 

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This is a place where you can 
connect with other people like 

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00:12:26,920 --> 00:12:29,120
minded in that in that same 
manner. 

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And then we'll see where this 
goes, you know, do we expand it 

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into other types of 
conversations related to travel?

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The Sky's the limit, really. 
And I think our one of our 

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00:12:39,560 --> 00:12:43,760
moderators over in the Facebook 
group, Carrie Crevel, she put it

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00:12:43,760 --> 00:12:46,680
really well today. 
She, she really enjoys, you 

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know, the forum type format and 
she said it just really lends 

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itself to being able to have a 
longer, more ongoing 

237
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conversation. 
So and, and those, and there's, 

238
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there's a lot of, you know, 
there's, there's a lot of unique

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things that we have information 
for that we can share now more 

240
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often even, you know, with, with
that kind of format, you know, 

241
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for example, Roefer, like, like 
I told Paul this idea that I was

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like, you know, I would love to 
like update our community more 

243
00:13:17,600 --> 00:13:21,240
often and in one of these forms 
on like, OK, here's what just 

244
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got Roeford today. 
You know, it was this resort, 

245
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this many points, this price per
point, just having that 

246
00:13:26,800 --> 00:13:30,720
information at your fingertips, 
you know, more often and knowing

247
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where to find it so easily. 
Yeah, more information coming 

248
00:13:34,120 --> 00:13:36,080
soon. 
Stay stay posted on on 

249
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dvcfan.com and in the Facebook 
group. 

250
00:13:38,760 --> 00:13:41,080
And again, we'll probably do a 
little live stream just kind of 

251
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walking you through once we get 
those up and running. 

252
00:13:44,000 --> 00:13:48,720
But I'm super excited we came to
you to discuss some news. 

253
00:13:48,720 --> 00:13:52,720
Actually, when I sent this, this
topic over to Jeff and Derek 

254
00:13:53,680 --> 00:13:57,360
originally, I just said, hey, 
let's do kind of a spring 2026 

255
00:13:57,360 --> 00:13:59,640
market update because, you know,
there's been some things 

256
00:13:59,640 --> 00:14:03,880
happening both in the, you know,
buying and selling resale direct

257
00:14:03,880 --> 00:14:05,520
world, all of that kind of 
stuff. 

258
00:14:05,520 --> 00:14:07,960
And then literally I could just 
like throw this out the door 

259
00:14:08,320 --> 00:14:11,160
because Amy and I, we were 
suiting up to go. 

260
00:14:11,160 --> 00:14:14,720
We, we do like a 5K run two or 
three times a week. 

261
00:14:14,720 --> 00:14:16,880
We are suiting up after work to 
go for this run. 

262
00:14:17,200 --> 00:14:21,800
And I think I sat at my computer
with my headband on ready to run

263
00:14:22,000 --> 00:14:27,480
for the better part of 3 1/2 
hours after the, the, the news 

264
00:14:27,480 --> 00:14:30,360
that we're going to discuss 
first today dropped, which is 

265
00:14:30,360 --> 00:14:35,680
that DVC has now defined 
commercial use and has 

266
00:14:35,680 --> 00:14:39,640
instituted some new policies 
that kind of talk about 

267
00:14:39,640 --> 00:14:43,600
enforcement and limits when it 
comes to what it considers 

268
00:14:43,680 --> 00:14:47,360
commercial point running. 
And I think that's the, that's 

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00:14:47,640 --> 00:14:52,160
this all stems back to June 1st 
of last year when we saw kind of

270
00:14:52,160 --> 00:14:55,720
that, you know, is this 
reservation for personal use 

271
00:14:55,720 --> 00:14:59,640
check box brought onto every 
single reservation and member 

272
00:14:59,640 --> 00:15:01,920
services started asking everyone
that question. 

273
00:15:01,920 --> 00:15:03,680
And it was like, what is 
personal use? 

274
00:15:03,680 --> 00:15:07,680
Like no one really knew what the
definition was and where that 

275
00:15:07,680 --> 00:15:11,640
line and it was drawn. 
And here we are almost you know 

276
00:15:11,640 --> 00:15:13,000
what? 
Oh gosh. 

277
00:15:13,000 --> 00:15:16,280
Well, that was in July because 
we were we were going to Epic 

278
00:15:16,280 --> 00:15:18,480
Universe and you. 
June 1st Oh it. 

279
00:15:18,480 --> 00:15:19,560
Was June OK? 
It was June. 

280
00:15:19,560 --> 00:15:22,320
OK. 
So yeah, now we're almost, we're

281
00:15:22,320 --> 00:15:23,960
almost a year. 
I mean, we're a couple months 

282
00:15:23,960 --> 00:15:26,160
from June again. 
Almost a year removed and I 

283
00:15:26,160 --> 00:15:30,840
think honestly this community 
is, is part of why we have what 

284
00:15:30,840 --> 00:15:35,600
we have today, which are kind of
some more defined parameters put

285
00:15:35,600 --> 00:15:41,360
around commercial use. 
So on March 31st, 2026, Disney 

286
00:15:41,360 --> 00:15:45,080
Vacation Club formally adopted a
new commercial use policy across

287
00:15:45,080 --> 00:15:49,320
all resorts and associations. 
This replaces a policy that was 

288
00:15:49,320 --> 00:15:54,280
in place effective 2011 that 
kind of outlined commercial use 

289
00:15:54,280 --> 00:15:58,200
and point rental use. 
And the core of this was a 

290
00:15:58,200 --> 00:16:01,440
statement that they actually put
on the DVC website and I quote, 

291
00:16:01,440 --> 00:16:03,680
it says a Disney Vacation Club 
membership is intended for 

292
00:16:03,680 --> 00:16:07,120
personal use and enjoyment only.
Governing documents prohibit 

293
00:16:07,120 --> 00:16:10,400
members from using membership 
for commercial purposes. 

294
00:16:10,680 --> 00:16:13,400
Members are not permitted to 
engage in the practice of 

295
00:16:13,400 --> 00:16:17,440
regularly or frequently selling 
or renting reservations booked 

296
00:16:17,680 --> 00:16:21,920
using their membership. 
What this policy really does is 

297
00:16:21,920 --> 00:16:27,040
starts to go into deeper 
understandings of where those 

298
00:16:27,040 --> 00:16:30,960
type of limits lie. 
So the key triggers that they 

299
00:16:30,960 --> 00:16:35,320
actually highlighted were things
such as making more than 20 

300
00:16:35,320 --> 00:16:39,480
reservations within a 12 month 
period, a majority of 

301
00:16:39,480 --> 00:16:43,320
reservations or points used by 
individuals other than the 

302
00:16:43,320 --> 00:16:47,720
member or associates, booking 
overlapping reservations across 

303
00:16:47,720 --> 00:16:50,320
different resorts or rooms 
types. 

304
00:16:51,280 --> 00:16:56,040
Again, they really kind of dig 
into commercial as kind of. 

305
00:16:56,200 --> 00:16:59,440
Yeah, what that definition 
basically and I, I just, I like 

306
00:16:59,440 --> 00:17:01,800
the way you would put it in the 
article. 

307
00:17:01,800 --> 00:17:05,319
They basically gave us specific 
examples that were measurable 

308
00:17:05,319 --> 00:17:08,560
patterns. 
So we actually understood, OK, 

309
00:17:08,800 --> 00:17:11,760
this means commercial reading, 
you know more than 20 

310
00:17:11,760 --> 00:17:14,880
reservations within a 12 month 
period that you're booking for 

311
00:17:14,880 --> 00:17:19,240
somebody else and the you know 
the majority of your points 

312
00:17:19,240 --> 00:17:22,480
being used for somebody else and
and those parameters. 

313
00:17:22,960 --> 00:17:28,480
So instead of it being so 
open-ended and vague, now we 

314
00:17:28,480 --> 00:17:32,880
have more clear definitions. 
Yep, and I think that's to to 

315
00:17:32,880 --> 00:17:36,000
the, you know, exactly what 
every single member wanted is 

316
00:17:36,000 --> 00:17:39,800
knowing that yes, we have 
defined characteristics and 

317
00:17:39,800 --> 00:17:42,680
based off of the language that 
that Disney Vacation Club has 

318
00:17:42,680 --> 00:17:45,720
put out there, you know, there 
are actionable steps that they 

319
00:17:45,720 --> 00:17:50,000
plan to take if they do believe 
that someone is not using their 

320
00:17:50,000 --> 00:17:53,600
points in this manner. 
Those things include cancelling 

321
00:17:53,600 --> 00:17:57,320
future reservations, restricting
access to online booking, 

322
00:17:57,320 --> 00:18:01,800
limiting reservations, you know,
restricting bookings to a home 

323
00:18:01,800 --> 00:18:04,320
resort, preventing 
modifications, restricting 

324
00:18:04,320 --> 00:18:06,360
banking and borrowing. 
I love this one. 

325
00:18:06,360 --> 00:18:10,000
Suspending incidental membership
benefits, goodbye blue card, 

326
00:18:10,760 --> 00:18:13,960
removing or restricting 
associate access, limiting check

327
00:18:13,960 --> 00:18:16,680
in options such as online or 
mobile check in. 

328
00:18:16,920 --> 00:18:20,000
There's just a series of things 
that they outlined as potential 

329
00:18:20,000 --> 00:18:22,800
enforcement of this moving 
forward. 

330
00:18:23,120 --> 00:18:25,880
And the other thing that Disney 
Vacation Club did is they put 

331
00:18:25,880 --> 00:18:27,920
out a great frequently asked 
questions. 

332
00:18:28,080 --> 00:18:31,960
I just, I want to just stop for 
a moment and say thank you, 

333
00:18:31,960 --> 00:18:36,640
Disney Vacation Club, because 
more often than not, I feel like

334
00:18:36,640 --> 00:18:40,080
we're on this show and we're 
saying you didn't give us the 

335
00:18:40,080 --> 00:18:43,040
information or you didn't give 
us all the information or you're

336
00:18:43,040 --> 00:18:44,880
making us read between the 
lines. 

337
00:18:45,240 --> 00:18:47,240
They didn't do that with this 
announcement. 

338
00:18:47,240 --> 00:18:51,600
This was a huge update across 
the website, including a 

339
00:18:51,600 --> 00:18:54,560
frequently asked questions 
section that answered points 

340
00:18:55,160 --> 00:18:57,760
like can a member rent out their
points? 

341
00:18:57,920 --> 00:19:00,520
And the answer is yes, renting 
is still allowed on an 

342
00:19:00,520 --> 00:19:04,040
occasional basis. 
Again, commercial renting or 

343
00:19:04,040 --> 00:19:07,200
commercial activity of of 
renting your points is 

344
00:19:07,200 --> 00:19:09,560
prohibited. 
Is there a difference between a 

345
00:19:09,560 --> 00:19:11,480
broker and a rental? 
Yes. 

346
00:19:11,480 --> 00:19:15,720
Brokers operate marketplaces 
that basically connect members 

347
00:19:15,960 --> 00:19:18,280
and guests. 
That's what the DVC rental store

348
00:19:18,280 --> 00:19:19,640
does. 
They operate that sort of 

349
00:19:19,640 --> 00:19:23,600
marketplace. 
A violating renter is a member 

350
00:19:23,840 --> 00:19:27,040
who is personally engaging in 
commercial activity. 

351
00:19:27,840 --> 00:19:31,240
Can members use third party 
rental websites like the DVC 

352
00:19:31,240 --> 00:19:34,880
rental store? 
Yes, DVC confirms that you can 

353
00:19:34,880 --> 00:19:38,120
use third party websites. 
So again, like all of these 

354
00:19:38,120 --> 00:19:41,280
things were put in very black 
and white terms. 

355
00:19:41,760 --> 00:19:44,560
We did an article over on 
dvcfan.com. 

356
00:19:44,560 --> 00:19:47,480
I really encourage you and we'll
link it down below for you to go

357
00:19:47,480 --> 00:19:52,160
read it just fully kind of, you 
know, get all of the details of 

358
00:19:52,160 --> 00:19:54,680
that topic. 
I've been talking for a bit, 

359
00:19:54,680 --> 00:19:57,200
Jeff, Derek, I just want to 
throw it to you all kind of 

360
00:19:57,200 --> 00:20:00,600
first thoughts on, you know, 
this policy change, what it 

361
00:20:00,600 --> 00:20:02,400
means for Disney Vacation Club 
members. 

362
00:20:03,280 --> 00:20:06,600
Yeah, so I'll, I'll go first. 
First of all, Paul, no need to 

363
00:20:06,600 --> 00:20:09,880
thank me because I knew you were
going on a run that day and I'm 

364
00:20:09,880 --> 00:20:11,640
just like my friend's an 
exercise. 

365
00:20:11,640 --> 00:20:13,040
I just don't think that's a good
idea. 

366
00:20:15,520 --> 00:20:19,080
No, I'm kidding. 
I, I think this is something 

367
00:20:19,080 --> 00:20:23,800
that anybody that's using their 
membership responsibly within 

368
00:20:23,880 --> 00:20:26,640
what we consider, you know, good
etiquette, good rules. 

369
00:20:27,080 --> 00:20:29,320
I don't think any of us are, are
upset about this. 

370
00:20:29,320 --> 00:20:32,440
I think if anything else, the 
clarity, you know, the 

371
00:20:32,440 --> 00:20:35,800
transparency, Disney did this 
for a reason. 

372
00:20:35,800 --> 00:20:38,840
They, it was way too much of A 
Gray area. 

373
00:20:38,840 --> 00:20:42,160
I think I said in, in our, in 
our show chat that they may, 

374
00:20:42,200 --> 00:20:45,120
they did this so they have a way
to action upon it. 

375
00:20:45,800 --> 00:20:48,560
They took the Gray out of it and
they said, all right, these are 

376
00:20:48,560 --> 00:20:50,600
the steps and this is what's 
gonna happen if you do it. 

377
00:20:50,600 --> 00:20:53,400
Cuz otherwise it was really hard
to enforce cuz they just never 

378
00:20:53,400 --> 00:20:55,640
really told us what the rules 
were. 

379
00:20:56,000 --> 00:21:00,320
I really think it's a win for 
most members. 

380
00:21:01,160 --> 00:21:03,080
Now, those of you out there that
think that this is going to 

381
00:21:03,080 --> 00:21:05,960
suddenly make the first week of 
December accessible to you, 

382
00:21:05,960 --> 00:21:08,400
you're going to be sorely 
disappointed. 

383
00:21:08,400 --> 00:21:10,200
Very. 
Disappointed. 

384
00:21:10,880 --> 00:21:13,920
This was this was not the core 
issue of of that. 

385
00:21:13,920 --> 00:21:16,600
It's that just happens to be a 
cheap week and it's really hard 

386
00:21:16,600 --> 00:21:19,760
to get into. 
But overall, I think this is a a

387
00:21:19,760 --> 00:21:21,360
really good move on Disney's 
part. 

388
00:21:21,360 --> 00:21:26,040
And I really think that, you 
know, it's, it's just a way for 

389
00:21:26,040 --> 00:21:29,520
them to have a little bit of 
ammunition if they need to use 

390
00:21:29,520 --> 00:21:31,360
it. 
Yeah, yeah. 

391
00:21:31,360 --> 00:21:36,920
And I wanna dig in further to 
your point about yes, what is 

392
00:21:36,920 --> 00:21:39,760
and is not gonna change as a 
result of this, but I wanna kick

393
00:21:39,760 --> 00:21:41,400
it over to Derek 1st and get his
thoughts. 

394
00:21:41,760 --> 00:21:44,360
No, I mean, I think Jeff summed 
it up perfectly. 

395
00:21:44,360 --> 00:21:48,200
And it's funny cuz I was going 
through my text thread that I 

396
00:21:48,320 --> 00:21:50,320
had with Jeff when we got that 
text from you. 

397
00:21:50,600 --> 00:21:53,160
I think it was, you know, just 
the other day, maybe it was even

398
00:21:53,160 --> 00:21:55,360
yesterday. 
That was like, oh, we may have 

399
00:21:55,360 --> 00:21:57,720
to do a live show. 
And I write back Jeff, I'm like,

400
00:21:57,800 --> 00:22:00,080
what is what's going on? 
What is Paul talking about? 

401
00:22:00,080 --> 00:22:02,360
And Jeff kind of broke it out 
and he sent me something blah, 

402
00:22:02,360 --> 00:22:03,800
blah, blah. 
And I go to the website and I 

403
00:22:04,000 --> 00:22:08,000
look at it and my response to 
Jeff, because we know that you 

404
00:22:08,000 --> 00:22:11,760
were losing your mind. 
That was so I'm reading their 

405
00:22:11,800 --> 00:22:14,600
FAQ. 
Disney Vacation Club website had

406
00:22:14,600 --> 00:22:17,760
just like you talked about and 
for the first time, to me it at 

407
00:22:17,760 --> 00:22:20,440
least seems like they're 
answering questions like can I 

408
00:22:20,440 --> 00:22:22,120
rent my points out through a 
broker? 

409
00:22:22,280 --> 00:22:25,680
And they're like, yeah, just 
don't do it a lot and too much 

410
00:22:25,680 --> 00:22:30,760
is described as blah blah blah. 
So to me it's a win because 

411
00:22:30,800 --> 00:22:34,680
Disney is not the best at 
communication per SE. 

412
00:22:34,680 --> 00:22:38,760
So a lot of times news just hits
and there's no explanation or 

413
00:22:38,760 --> 00:22:41,120
reason behind it. 
Like when they did it the first 

414
00:22:41,120 --> 00:22:45,720
time back in the summer, it left
everyone going, uh oh, what does

415
00:22:45,720 --> 00:22:48,680
that mean? 
Like, like, is my grandma going 

416
00:22:48,680 --> 00:22:51,480
to go to prison if she uses my 
vacation pub points? 

417
00:22:51,480 --> 00:22:54,360
Like, I'm freaked out because 
they didn't put any rationale 

418
00:22:54,360 --> 00:22:56,480
behind it. 
So for this, I haven't talked to

419
00:22:56,480 --> 00:22:59,840
one person that read it and 
said, oh, OK, yeah, you know 

420
00:22:59,840 --> 00:23:02,880
what? 
20 reservations for other people

421
00:23:02,880 --> 00:23:07,040
once a year seems like you could
probably prohibit that. 

422
00:23:09,520 --> 00:23:12,520
There's nothing in there that 
makes anybody panic. 

423
00:23:12,560 --> 00:23:17,400
And again, just like Jeff said, 
for 99.9% of the average 

424
00:23:17,400 --> 00:23:20,640
members, this is just clarity 
and it's not going to affect 

425
00:23:20,640 --> 00:23:22,000
you. 
My God, I would love to have 

426
00:23:22,000 --> 00:23:25,840
enough points to make 20 
reservations for myself, let 

427
00:23:25,840 --> 00:23:29,920
alone other people. 
But for this, I applaud Disney 

428
00:23:29,920 --> 00:23:34,120
because it's clarity and it's on
their website with an actual 

429
00:23:34,120 --> 00:23:37,920
frequently asked questions page,
so I applaud it. 

430
00:23:38,440 --> 00:23:40,360
Yeah. 
Well, and two really quick 

431
00:23:40,360 --> 00:23:44,200
before I, I turn it back over to
Paul, is this the the rental 

432
00:23:44,200 --> 00:23:47,000
thing is always just such a 
mystery to people and, and 

433
00:23:47,000 --> 00:23:50,000
rental brokers, especially like 
DVC rental store. 

434
00:23:50,520 --> 00:23:54,040
I think they just think that you
guys are just sitting on 10s of 

435
00:23:54,040 --> 00:23:55,880
thousands of points. 
Then they're just divvying them 

436
00:23:55,880 --> 00:23:57,920
out to people, which is so not 
the case. 

437
00:23:57,920 --> 00:23:59,960
There's this is a real estate 
transaction. 

438
00:23:59,960 --> 00:24:01,960
This isn't not like staying in a
hotel room. 

439
00:24:02,200 --> 00:24:05,920
Time shares are governed by the 
board of Realtors of, you know, 

440
00:24:05,920 --> 00:24:08,760
the the division of real estate 
at the state level. 

441
00:24:09,520 --> 00:24:11,200
Every sales agent has to be 
licensed. 

442
00:24:11,200 --> 00:24:12,920
You know, this is a real estate 
transaction. 

443
00:24:12,920 --> 00:24:16,160
Yes, it's a rental, but in 
Florida you have to have a 

444
00:24:16,360 --> 00:24:19,080
viable rental agreement in order
to rent a property. 

445
00:24:19,320 --> 00:24:23,120
And so this is just a broker is 
a way to connect the people. 

446
00:24:23,640 --> 00:24:25,960
When we moved down here, we had 
to rent a house for a year. 

447
00:24:26,040 --> 00:24:28,120
We didn't do it by ourself 
because we wanted to make sure 

448
00:24:28,120 --> 00:24:29,960
we were protected. 
So we had an agent. 

449
00:24:30,120 --> 00:24:32,760
This is the same principle. 
It's I have points to rent. 

450
00:24:32,760 --> 00:24:35,080
I don't want to put them on 
Facebook marketplace because I 

451
00:24:35,080 --> 00:24:38,320
don't want to get hosed and I 
want to rent some points and I 

452
00:24:38,320 --> 00:24:40,320
don't want to go on Facebook 
marketplace because I don't want

453
00:24:40,320 --> 00:24:42,160
to get hosed. 
They call Paul. 

454
00:24:42,760 --> 00:24:45,200
Paul is the non hoser and he 
gets it all done. 

455
00:24:45,200 --> 00:24:49,200
There's a. 
There's a new tagline that. 

456
00:24:49,200 --> 00:24:51,640
Might be my favorite thing that 
you've ever said. 

457
00:24:53,520 --> 00:24:54,560
So funny. 
Get hosed. 

458
00:24:54,880 --> 00:25:00,880
Paul's a non hoser for full 
transparency and clarity in case

459
00:25:01,440 --> 00:25:03,640
any of you are watching this or 
listening to this and didn't 

460
00:25:03,640 --> 00:25:07,120
know this already. 
I am one apparently a non hoser 

461
00:25:07,120 --> 00:25:09,360
and two, the president of DVC 
rental store. 

462
00:25:09,360 --> 00:25:13,080
So, you know, obviously, yes, I 
have a dog in the fight here, 

463
00:25:13,400 --> 00:25:16,520
but you know, it's LinkedIn, the
DVC fan article that we wrote 

464
00:25:16,520 --> 00:25:20,800
here. 
We did put out, you know, a, a, 

465
00:25:20,800 --> 00:25:23,160
A blog article over on DVC 
rental store. 

466
00:25:23,160 --> 00:25:26,240
And at the end of the day, what 
we really kind of looked at with

467
00:25:26,240 --> 00:25:30,280
this policy update is it really 
affirmed our stance on renting 

468
00:25:30,320 --> 00:25:33,960
as it's been through the history
of this company, which has been 

469
00:25:33,960 --> 00:25:38,840
that we want to provide a good 
marketplace scenario in which 

470
00:25:38,840 --> 00:25:42,520
members that, you know, 
occasionally are looking to rent

471
00:25:42,520 --> 00:25:45,720
out their points. 
A dog died and you needed the 

472
00:25:45,720 --> 00:25:50,280
extra cash or you know, 
something happened and you're 

473
00:25:50,280 --> 00:25:53,720
left with these extra points, 
you know, offsetting the annual 

474
00:25:53,720 --> 00:25:56,400
dues, financial hardship, you 
name it, you're in those 

475
00:25:56,400 --> 00:25:59,440
scenarios. 
It may be once, it may be 

476
00:25:59,440 --> 00:26:03,440
multiple times, but we want to 
provide an outlet for you to 

477
00:26:03,440 --> 00:26:06,600
harness the value of that 
membership that you have paid 

478
00:26:06,600 --> 00:26:08,520
for. 
And we want you to do it 

479
00:26:08,520 --> 00:26:10,560
responsibly. 
We want you to do it, you know, 

480
00:26:10,560 --> 00:26:13,800
within the rules that Disney 
Vacation Club outlines, which is

481
00:26:13,800 --> 00:26:16,560
why we are always very 
transparent as to what those 

482
00:26:16,560 --> 00:26:19,600
rules are. 
I will say that ever since June 

483
00:26:19,600 --> 00:26:23,160
of last year, we have had 
guardrails and guidelines in 

484
00:26:23,160 --> 00:26:27,280
place behind the scenes 
monitoring member activity that 

485
00:26:27,280 --> 00:26:31,920
are far more aggressive than the
terms and conditions set forth 

486
00:26:31,920 --> 00:26:35,400
in these documents that Disney 
Vacation Club filed just 

487
00:26:35,400 --> 00:26:38,920
yesterday. 
We want to protect our guests, 

488
00:26:39,120 --> 00:26:42,080
but we also want to protect our 
members and not get them in a 

489
00:26:42,080 --> 00:26:46,120
situation where potentially they
receive a phone call from DVC or

490
00:26:46,120 --> 00:26:48,520
a letter in the mail saying that
they're being considered as a 

491
00:26:48,520 --> 00:26:50,920
commercial renter. 
And equally, on the guest side 

492
00:26:50,920 --> 00:26:54,960
of that situation, we want to 
provide the assurance that you 

493
00:26:54,960 --> 00:26:59,680
as a guest, to quote Jeff 
Haslam, don't get hosed Because,

494
00:27:00,000 --> 00:27:03,960
you know, if you rent in some of
these places, you know, a 

495
00:27:03,960 --> 00:27:06,840
private Facebook group or stuff,
something like that, there's 

496
00:27:06,840 --> 00:27:10,000
very little recourse that you're
going to have to protect your 

497
00:27:10,000 --> 00:27:12,120
vacation. 
If for some reason, let's say 

498
00:27:12,120 --> 00:27:15,320
that Disney does its harshest 
penalty and cancels the 

499
00:27:15,320 --> 00:27:18,640
reservation that you're staying 
on, you've already paid that 

500
00:27:18,640 --> 00:27:22,800
member so much money and you're 
unprotected, you have no 

501
00:27:22,800 --> 00:27:26,160
recourse here. 
You know, as part of what we do,

502
00:27:26,280 --> 00:27:28,840
we want to make it a safe 
environment for you. 

503
00:27:28,840 --> 00:27:32,040
We want you to feel like that 
Disney vacation is is protected.

504
00:27:32,040 --> 00:27:35,120
This is a memory that's going to
last a lifetime for you. 

505
00:27:35,960 --> 00:27:39,520
You know, you'll hear stories of
that by Marcy on next week's 

506
00:27:39,520 --> 00:27:42,440
show where she tells you about 
staying in a castle suite. 

507
00:27:42,440 --> 00:27:45,440
Like these, like these are the 
memories that matter. 

508
00:27:45,440 --> 00:27:47,720
And we want to protect those 
things and provide an 

509
00:27:47,720 --> 00:27:52,320
environment to do it safely. 
So, Jeff, I mean, you quoted me,

510
00:27:52,680 --> 00:27:55,960
you know, exactly the way I 
viewed it too, which is that 

511
00:27:57,040 --> 00:27:59,320
this is great. 
This is great for Disney 

512
00:27:59,320 --> 00:28:02,040
Vacation Club members. 
It it is exactly, I think what 

513
00:28:02,040 --> 00:28:05,920
we needed in this space. 
Now, ultimately, it's a question

514
00:28:05,920 --> 00:28:09,480
of waiting to see where does 
this enforcement lie and how do 

515
00:28:09,480 --> 00:28:11,680
power people, you know, 
notified. 

516
00:28:12,400 --> 00:28:15,160
We've said this, I think last 
June when, when everything 

517
00:28:15,160 --> 00:28:18,720
happened, you know, the, the 
real goal here is, you know, 

518
00:28:18,720 --> 00:28:24,040
going after those people that 
chronically are posting, whether

519
00:28:24,040 --> 00:28:27,400
it's on Facebook or a different 
marketplace or you name it, 

520
00:28:28,120 --> 00:28:32,840
countless, you know, premium 
confirmed reservations for ideal

521
00:28:32,840 --> 00:28:36,360
times, Christmas week, first 
week of December, the Animal 

522
00:28:36,360 --> 00:28:41,120
Kingdom studios at Jambo House, 
the value studios, those really 

523
00:28:41,120 --> 00:28:44,320
hard to get desirable 
reservations and then posting 

524
00:28:44,320 --> 00:28:48,040
them for premium prices and 
charging premium prices and 

525
00:28:48,040 --> 00:28:52,200
buying have having bought points
initially, not with the intent 

526
00:28:52,200 --> 00:28:55,400
of I want to take my family to 
Disney or not. 

527
00:28:55,560 --> 00:28:58,680
You know, you know, you and your
significant other say, Hey, this

528
00:28:58,680 --> 00:29:01,520
might be a cheaper way for us to
go to Disney multiple times a 

529
00:29:01,520 --> 00:29:04,680
year, like it was when Amy and I
purchased and the way we still 

530
00:29:04,680 --> 00:29:07,720
use our membership to this day. 
But people truly purchasing 

531
00:29:07,720 --> 00:29:11,920
points in a commercial manner 
and going, we can make a lot of 

532
00:29:11,920 --> 00:29:14,400
money by doing this. 
We should just keep buying 

533
00:29:14,440 --> 00:29:18,880
points and keep renting these 
ideal stays on the Facebooks. 

534
00:29:19,920 --> 00:29:23,040
You know, ultimately I believe 
that that's really where Disney 

535
00:29:23,040 --> 00:29:26,120
Vacation Club is looking for a 
lot of these changes. 

536
00:29:26,280 --> 00:29:29,000
Yeah, you're looking at me to 
say something. 

537
00:29:29,040 --> 00:29:36,000
I I've been stuck on when Jeff 
said if you expect this to make,

538
00:29:36,160 --> 00:29:39,040
make it, you know, open up to 
send the first week of December 

539
00:29:39,040 --> 00:29:41,000
for you. 
That's the wrong way of 

540
00:29:41,000 --> 00:29:43,440
thinking. 
And I don't know, it's just 

541
00:29:43,440 --> 00:29:46,640
funny to me because there are a 
lot of people that that want to,

542
00:29:46,680 --> 00:29:48,880
you know, they get frustrated 
and say, well, this is the 

543
00:29:48,880 --> 00:29:51,560
reason. 
The same thing with, you know, 

544
00:29:52,000 --> 00:29:53,160
walking is the reason. 
Whatever. 

545
00:29:53,160 --> 00:29:55,960
If you're wondering what that 
means, just go on bbcfan.com. 

546
00:29:55,960 --> 00:29:57,560
Look up the word. 
There's lots of articles out 

547
00:29:57,560 --> 00:30:00,000
there. 
But we're going to be sitting 

548
00:30:00,000 --> 00:30:04,640
here at the 11 month window for 
ideal weeks with people still 

549
00:30:04,640 --> 00:30:07,440
asking questions as to why they 
got locked out of that today. 

550
00:30:07,440 --> 00:30:11,520
And that is inevitable, right? 
And to a degree, just kind of 

551
00:30:11,520 --> 00:30:13,880
have to ask like what? 
What are we gonna blame next 

552
00:30:13,880 --> 00:30:16,040
for? 
Yeah, for that because. 

553
00:30:16,080 --> 00:30:17,360
I can tell you what the problem 
is. 

554
00:30:18,960 --> 00:30:22,200
I was doing some math and I was,
we've talked about this before, 

555
00:30:22,200 --> 00:30:24,840
but you know, you take, it's the
amount of points that's being 

556
00:30:24,840 --> 00:30:28,000
sold versus what people want to 
want to book. 

557
00:30:28,000 --> 00:30:30,960
So, you know, Copper Creek is, 
is a huge example. 

558
00:30:31,520 --> 00:30:35,480
So I was just looking at Copper 
Creek, dogs are barking. 

559
00:30:35,680 --> 00:30:38,720
I was looking at Copper Creek 
and I was just thinking about 

560
00:30:38,720 --> 00:30:42,000
the day that this show goes up. 
And this is slightly off topic, 

561
00:30:42,000 --> 00:30:45,280
but kind of goes into the like, 
This is why things are still 

562
00:30:45,280 --> 00:30:51,760
going to be similar after this. 
So on April 6th, Monday, studios

563
00:30:51,760 --> 00:30:56,080
are 18 points at night and 
cabins are 124 points at night. 

564
00:30:56,200 --> 00:31:02,000
So just that one single night, 
there's 36 studios. 

565
00:31:02,120 --> 00:31:07,920
So just that one single night, 
studios have put 648 points into

566
00:31:08,160 --> 00:31:12,960
what's been for sale and cabins 
have put 3224 points into what's

567
00:31:12,960 --> 00:31:16,040
been for sale. 
And so those people who buy all 

568
00:31:16,040 --> 00:31:18,920
those points, most of them want 
to be in the studios, you know 

569
00:31:18,920 --> 00:31:20,920
what I mean? 
So you take that, you know, 

570
00:31:20,920 --> 00:31:25,200
almost 4 / 4000 points that 
night and most of those people 

571
00:31:25,200 --> 00:31:27,840
want to stay in a studio. 
And that's where all of our, you

572
00:31:27,840 --> 00:31:30,720
know, that's kind of where a lot
of booking issues come from, if 

573
00:31:30,720 --> 00:31:34,040
that made any sense that. 100% 
no, that that was a perfect 

574
00:31:34,040 --> 00:31:37,640
example because yeah, yeah, it's
just like 10 people trying to 

575
00:31:37,640 --> 00:31:39,920
book one room to dumb it down a 
little bit, you know what I 

576
00:31:39,920 --> 00:31:40,280
mean? 
Like. 

577
00:31:40,640 --> 00:31:43,400
Yeah, and that's one night. 
Now multiply that times every 

578
00:31:43,440 --> 00:31:45,440
single night. 
All you know what I mean, so. 

579
00:31:46,240 --> 00:31:49,200
And this is where some of the 
concern comes in too, with, you 

580
00:31:49,200 --> 00:31:52,560
know, some of, you know, the 
resale restrictions that we're 

581
00:31:52,560 --> 00:31:54,800
now seeing related to Riviera 
and everything. 

582
00:31:54,800 --> 00:31:59,920
You get Riviera to a point where
it is fully sold out, and then 

583
00:31:59,920 --> 00:32:03,480
you get Riviera to a point where
a lot of people can only book 

584
00:32:03,480 --> 00:32:05,680
Riviera. 
You're going to have this 

585
00:32:05,720 --> 00:32:10,360
problem compounded because you 
know, there's not just Tower 

586
00:32:10,360 --> 00:32:14,360
Studios in the Riviera Resort, 
so not everyone can book the 

587
00:32:14,360 --> 00:32:16,280
Tower Studios. 
Tower Studios. 

588
00:32:16,640 --> 00:32:19,760
You know there's. 
There's thousands, thousands of 

589
00:32:19,760 --> 00:32:22,280
members there's. 
An equal number of three bedroom

590
00:32:22,280 --> 00:32:26,040
grand villas in the in the 
resort also, and not everyone's 

591
00:32:26,040 --> 00:32:27,200
going to be wanting to book 
those. 

592
00:32:27,200 --> 00:32:31,120
So you're going to have the same
people competing for the same 

593
00:32:31,160 --> 00:32:35,040
very popular times and the same 
very popular rooms. 

594
00:32:35,040 --> 00:32:38,600
And will, will there be a little
bit less stress on the system? 

595
00:32:39,120 --> 00:32:43,600
Maybe, but not enough for I 
think that that, you know, the 

596
00:32:43,600 --> 00:32:47,760
broader DVC community to really 
notice and that, you know, I, I 

597
00:32:47,760 --> 00:32:50,280
don't have an answer for. 
That no, the things that have 

598
00:32:50,320 --> 00:32:54,840
alleviated the stress on the 
system has been things like what

599
00:32:54,840 --> 00:32:58,800
DVC did with Grand Floridian 
opening Big Pine Key, all 

600
00:32:58,800 --> 00:33:01,080
studios. 
All of a sudden that did make it

601
00:33:01,160 --> 00:33:05,560
much more attainable for people 
to get into Grand Floridian and 

602
00:33:05,560 --> 00:33:08,480
stay in a studio. 
So those are the sorts of things

603
00:33:08,480 --> 00:33:12,840
that fix those booking issues. 
It's not going to be, you know, 

604
00:33:12,840 --> 00:33:16,360
cracking down on all this stuff.
Not that this isn't a good a 

605
00:33:16,360 --> 00:33:19,080
good thing, but. 
I have a follow up question 

606
00:33:19,080 --> 00:33:23,560
that's adjacent to this. 
How far along are the cabins at 

607
00:33:23,560 --> 00:33:25,640
Fort Wilderness? 
They're not fully declared yet, 

608
00:33:25,640 --> 00:33:26,880
right? 
Have they built them all? 

609
00:33:27,040 --> 00:33:28,120
Where are we not even? 
Do you know? 

610
00:33:28,200 --> 00:33:31,840
They're fully built. 
They're not even remotely, you 

611
00:33:31,840 --> 00:33:37,120
know, we might be at like, you 
know, 60 of 350 or something 

612
00:33:37,120 --> 00:33:39,200
like that. 
Very small number. 

613
00:33:39,840 --> 00:33:41,560
It's a. 
It's a perfect example. 

614
00:33:42,000 --> 00:33:46,120
I can't get in like that. 
I I've tried and tried and tried

615
00:33:46,120 --> 00:33:47,480
because we like to take our 
dogs. 

616
00:33:47,680 --> 00:33:49,800
I know Jeff and Dan were trying 
to get in the other day. 

617
00:33:50,560 --> 00:33:53,200
I just saw someone else posting 
they they were trying to get in 

618
00:33:53,360 --> 00:33:55,200
too. 
Yeah, it's mind blowing that the

619
00:33:55,200 --> 00:33:58,120
one that we made fun of the most
is the hardest to get into right

620
00:33:58,120 --> 00:34:00,240
now. 
It's because there's not enough.

621
00:34:00,400 --> 00:34:02,120
There's not enough owners right 
now so. 

622
00:34:02,360 --> 00:34:05,200
And truly at the end of the day,
if it's more lucrative for 

623
00:34:05,200 --> 00:34:09,280
Disney Vacation Club to keep the
other 300 cabins as cash 

624
00:34:09,400 --> 00:34:13,639
forever, they could do, you 
know, they could say that we've 

625
00:34:13,639 --> 00:34:16,560
sold as much as we want and 
we're going to retain the points

626
00:34:16,560 --> 00:34:19,000
for the rest. 
Obviously they would be 

627
00:34:19,000 --> 00:34:21,679
responsible for the dues and the
maintenance fees and everything 

628
00:34:21,679 --> 00:34:23,840
like that. 
But additionally, I think 

629
00:34:23,840 --> 00:34:27,639
there's also, you know, tax 
savings benefits associated with

630
00:34:27,639 --> 00:34:31,840
the resort having been converted
to DVC, you know, for Disney. 

631
00:34:31,880 --> 00:34:36,120
And so the the question remains 
is where is that threshold for 

632
00:34:36,120 --> 00:34:37,639
them? 
And that's why I don't think 

633
00:34:37,639 --> 00:34:42,560
that they are super caring that 
it's not selling. 

634
00:34:42,560 --> 00:34:44,520
Like we sit here and say it's 
not selling the way you would 

635
00:34:44,520 --> 00:34:46,880
expect the Disney Vacation Club 
resort to, to sell. 

636
00:34:47,159 --> 00:34:50,520
But you know, it's hard for 
members to get in. 

637
00:34:50,560 --> 00:34:53,440
But cash days, yeah, you can 
book a cash day and you know, 

638
00:34:53,440 --> 00:34:57,320
spend 3400 dollars, $500 a night
on on a cabin or whatever, 

639
00:34:57,720 --> 00:35:02,080
whatever the ongoing rate is. 
General, you know, community 

640
00:35:02,080 --> 00:35:07,400
vibe coming out of these changes
shares the sentiments that we've

641
00:35:07,400 --> 00:35:09,880
all kind of said. 
Everyone seems to think that 

642
00:35:09,880 --> 00:35:13,080
this is a very positive, you 
know, move on Disney vacation 

643
00:35:13,080 --> 00:35:14,960
clubs part. 
It's exactly what we've been 

644
00:35:14,960 --> 00:35:18,720
asking for those specifics and 
those defined characteristics. 

645
00:35:18,720 --> 00:35:22,520
So again, I just want to say to 
those Disney Vacation Club, you 

646
00:35:22,520 --> 00:35:25,520
know, people that might listen 
to this show, Thank you, thank 

647
00:35:25,520 --> 00:35:27,320
you. 
This was great communication. 

648
00:35:27,320 --> 00:35:30,200
This was a great way to put out 
this information. 

649
00:35:30,480 --> 00:35:33,920
More of it, please. 
Everything forever, always this 

650
00:35:33,920 --> 00:35:35,440
way. 
That'll be great. 

651
00:35:35,720 --> 00:35:38,800
And if you're sitting here 
wondering, you know, great 

652
00:35:38,800 --> 00:35:42,120
grandma rented her points this 
year and I'm really scared that 

653
00:35:42,120 --> 00:35:44,200
she's going to be dinged for 
commercial renting. 

654
00:35:44,200 --> 00:35:48,080
Like I, I tried to kind of go 
very black and white here in the

655
00:35:48,080 --> 00:35:51,040
article at one point, you know, 
for most members who 

656
00:35:51,040 --> 00:35:54,600
occasionally rent out on use 
points or use their membership 

657
00:35:54,800 --> 00:35:58,280
for their personal vacations, 
who rent infrequently, maybe to 

658
00:35:58,280 --> 00:36:00,280
offset annual dues or an 
expense. 

659
00:36:00,280 --> 00:36:03,640
Like I said before, nothing's 
going to change. 

660
00:36:03,720 --> 00:36:05,880
You're not on Disney Vacation 
Club's radar. 

661
00:36:06,120 --> 00:36:08,760
You know, promise me when I tell
you that like that. 

662
00:36:08,760 --> 00:36:14,480
That is just not the concern and
not the intent of these rules. 

663
00:36:15,200 --> 00:36:19,280
But if you're someone that woke 
up in a deep sweat in the middle

664
00:36:19,280 --> 00:36:23,480
of the night on April 1st after 
all of this kind of stuff 

665
00:36:23,480 --> 00:36:27,600
started because you post 
hundreds upon hundreds of 

666
00:36:27,600 --> 00:36:32,040
reservations a year in Facebook 
groups or in other places. 

667
00:36:32,320 --> 00:36:35,680
Or if you have a large portfolio
of points and you haven't stayed

668
00:36:35,680 --> 00:36:38,200
on them once in the past 10 
years of owning them. 

669
00:36:38,880 --> 00:36:42,400
Or if you if you own all of 
these points and they're they're

670
00:36:42,480 --> 00:36:46,960
packaged in into an LLC because 
it's tax savings and you really 

671
00:36:46,960 --> 00:36:49,680
just love making money from this
DVC product. 

672
00:36:50,040 --> 00:36:52,320
Yeah, I'd be concerned. 
I'd be real concerned. 

673
00:36:53,240 --> 00:36:56,320
You might get you might get 
kicked out of the member lounge,

674
00:36:56,320 --> 00:36:59,000
so. 
Just you're going to lose those 

675
00:36:59,000 --> 00:37:02,040
blue card, blue card benefits at
the end of the day. 

676
00:37:02,160 --> 00:37:05,400
So I think the people that 
should be be worried at the end 

677
00:37:05,400 --> 00:37:10,240
of the day, you know, you know, 
know who they are, maybe they've

678
00:37:10,240 --> 00:37:13,480
been contacted by DVC already. 
We really don't know if any of 

679
00:37:13,480 --> 00:37:17,640
the enforcement has, has already
started, but you know, it'll, 

680
00:37:17,640 --> 00:37:21,600
it'll remain to be seen. 
I I I was a little surprised 

681
00:37:21,600 --> 00:37:25,800
there was some chatter in a lot 
of places about concerns about 

682
00:37:25,800 --> 00:37:30,040
the overlapping reservation 
aspect of things, because a lot 

683
00:37:30,040 --> 00:37:31,720
of people do use their 
membership. 

684
00:37:31,840 --> 00:37:33,960
We actually have an overlapping 
reservation. 

685
00:37:33,960 --> 00:37:37,280
On with Saturday with family and
friends yeah. 

686
00:37:37,280 --> 00:37:41,240
And so, you know, people that 
maybe, let's say that, you know,

687
00:37:41,240 --> 00:37:45,200
Jeff, you want to have your 
entire family down and you book,

688
00:37:45,800 --> 00:37:49,880
you know, two or three, one 
bedrooms, your name's not going 

689
00:37:49,880 --> 00:37:52,320
to be on every single one of 
those reservations. 

690
00:37:52,320 --> 00:37:55,240
You know, maybe it's your 
cousins, your aunts, your uncles

691
00:37:55,520 --> 00:37:57,680
that falls into that 
overlapping, you know, 

692
00:37:57,680 --> 00:38:00,640
reservation thing. 
And again, I, I think people are

693
00:38:00,640 --> 00:38:03,320
reading too much into this. 
You're, you're taking this to 

694
00:38:03,320 --> 00:38:07,160
this extreme that this was not 
meant for and is not going to be

695
00:38:07,160 --> 00:38:09,720
the case. 
Jeff taking his family on three 

696
00:38:09,720 --> 00:38:13,800
overlapping reservations to Walt
Disney World is not the intent 

697
00:38:13,800 --> 00:38:16,200
here. 
It's the people that booked a 

698
00:38:16,560 --> 00:38:20,000
Friday to Sunday and then a 
Saturday to Monday and then a 

699
00:38:20,000 --> 00:38:23,640
Sunday to Tuesday and just kept 
doing these two or three night 

700
00:38:23,640 --> 00:38:25,800
reservations and booking those 
out. 

701
00:38:25,800 --> 00:38:27,720
Like that's that's the point of 
that. 

702
00:38:28,160 --> 00:38:31,720
Yeah, and and it's too, Paul. 
It's Disney looking at it saying

703
00:38:31,720 --> 00:38:35,080
in the most simplistic of terms,
hey, here's John Smith. 

704
00:38:35,360 --> 00:38:40,280
He owns 2000 points. 
John Smith has never made a 

705
00:38:40,280 --> 00:38:44,160
reservation for John Smith in 
the last 10 years. 

706
00:38:44,680 --> 00:38:47,320
Gee, we should probably take a 
look into that. 

707
00:38:47,600 --> 00:38:50,280
That's what they're looking at. 
They don't care about Jeff Hass,

708
00:38:50,360 --> 00:38:52,800
you know, making multiple 
reservations. 

709
00:38:52,800 --> 00:38:56,040
They're literally looking at 
those situations like that. 

710
00:38:56,040 --> 00:38:58,880
Like you said, Paul, if you woke
up and you're kind of worried 

711
00:38:58,880 --> 00:39:00,560
about it, then you might have to
think about it. 

712
00:39:00,680 --> 00:39:03,120
But don't don't, don't overthink
it. 

713
00:39:03,120 --> 00:39:06,480
Don't get second thoughts and 
don't get scared like Oh my God 

714
00:39:06,480 --> 00:39:10,320
I just wanted to send my my 
child's friend from school and 

715
00:39:10,320 --> 00:39:12,800
their family on a trip because I
can't use my blah blah blah 

716
00:39:12,800 --> 00:39:14,120
blah. 
Am I going to be OK with that? 

717
00:39:14,440 --> 00:39:16,320
You're fine. 
You're fine. 

718
00:39:18,200 --> 00:39:20,000
You look to me, but I they said 
it all. 

719
00:39:20,520 --> 00:39:23,040
Said it all. 
They said it all, folks. 

720
00:39:23,040 --> 00:39:24,960
That's a very whimsical. 
Thing you just said. 

721
00:39:25,520 --> 00:39:28,080
Moving on in our conversation 
tonight and kind of the 

722
00:39:28,080 --> 00:39:31,400
direction that I originally 
wanted to kind of take this show

723
00:39:31,400 --> 00:39:35,680
before DVC had other plans for 
our for our conversation today 

724
00:39:35,960 --> 00:39:39,760
was kind of just looking at the 
broader, you know, market of 

725
00:39:39,760 --> 00:39:44,080
Disney Vacation Club and resale 
and, you know, direct pricing 

726
00:39:44,080 --> 00:39:47,040
and all of that kind of stuff to
kind of see like where things 

727
00:39:47,040 --> 00:39:50,960
are sitting here after what has 
been, I can't believe I'm saying

728
00:39:50,960 --> 00:39:56,520
it like the first quarter of 
2026 has come and gone and, you 

729
00:39:56,520 --> 00:40:01,520
know, here we are. 
But but yeah, it's been calm. 

730
00:40:01,680 --> 00:40:05,120
And I say that in multiple 
manners because the nights that 

731
00:40:05,120 --> 00:40:07,840
I had like the other night where
I'm writing blogs like crazy 

732
00:40:07,840 --> 00:40:10,120
have been at a minimum. 
There hasn't been a whole lot of

733
00:40:10,120 --> 00:40:11,800
breaking news or anything like 
that. 

734
00:40:11,800 --> 00:40:14,720
But I think like just the market
in general has just kind of been

735
00:40:14,720 --> 00:40:17,320
like, I don't know what to do. 
Stagnant. 

736
00:40:17,320 --> 00:40:19,440
Yeah. 
So and, and I've noticed this 

737
00:40:19,440 --> 00:40:23,680
too because I, you know, I look 
at the a couple of markers when 

738
00:40:23,680 --> 00:40:29,120
it comes to price and make 
recommendations to Monera on on 

739
00:40:29,120 --> 00:40:32,440
how we lend. 
And so I've noticed the last 

740
00:40:32,440 --> 00:40:35,800
several months that we haven't 
seen a whole lot of, you know, 

741
00:40:35,800 --> 00:40:39,520
some, we've seen some prices 
kind of crawl up a little bit. 

742
00:40:39,520 --> 00:40:42,120
I think maybe Derek can, can 
talk more on that. 

743
00:40:42,120 --> 00:40:45,400
But overall there has been any 
like huge shifts or anything 

744
00:40:45,400 --> 00:40:47,920
like that. 
I made sure before tonight's 

745
00:40:47,920 --> 00:40:50,640
episode went up that I I crunch 
the numbers. 

746
00:40:50,840 --> 00:40:55,560
I do write the average sale 
price blog every month on DVC 

747
00:40:55,560 --> 00:40:59,000
resale market. 
So dvcresalemarket.com check out

748
00:40:59,000 --> 00:41:02,200
the average sales price blog for
March 2026. 

749
00:41:02,560 --> 00:41:06,720
And you know you kind of said 
it, I kind of said flat and 

750
00:41:06,720 --> 00:41:10,480
stable across the board. 
You know, basically the market 

751
00:41:10,480 --> 00:41:12,400
is currently in a wait and see 
phase. 

752
00:41:12,400 --> 00:41:15,880
Prices has remained steady. 
We are seeing a little bit of 

753
00:41:15,880 --> 00:41:19,280
signs of inventory starting to 
tick up, which has been that 

754
00:41:19,280 --> 00:41:22,080
thing that we've tracked over 
the course of the past few 

755
00:41:22,080 --> 00:41:24,800
months that has been abnormally 
low. 

756
00:41:24,800 --> 00:41:28,680
I think inventory as of as of 
doing this show is actually the 

757
00:41:28,680 --> 00:41:31,640
highest it's been since about 
August of last year. 

758
00:41:32,360 --> 00:41:35,920
So that's a that's a huge jump. 
But Derek, talk us, talk us 

759
00:41:35,920 --> 00:41:37,840
through a little bit of what 
you're seeing in the market at 

760
00:41:37,840 --> 00:41:41,120
this point and what what buyers 
and and sellers should be aware 

761
00:41:41,120 --> 00:41:43,160
of. 
And inventory. 

762
00:41:43,240 --> 00:41:46,560
Just wait till we get sweaty 
John Smith calling me to sell 

763
00:41:46,560 --> 00:41:49,880
his 2000. 
Points sweaty John Smith. 

764
00:41:51,520 --> 00:41:53,120
Because he woke up in the middle
of the night. 

765
00:41:53,600 --> 00:41:54,760
Because he. 
Woke up in the middle of the 

766
00:41:54,760 --> 00:41:58,640
night, got to get rid of him. 
No, Paul, you nailed it 

767
00:41:58,640 --> 00:42:01,600
perfectly as you always do with 
your blog in this average 

768
00:42:01,600 --> 00:42:05,160
selling price. 
And just to use the word steady 

769
00:42:05,320 --> 00:42:07,240
is what I like to say. 
It's steady. 

770
00:42:07,240 --> 00:42:10,200
We've had times to where we've 
had these conversations where 

771
00:42:10,200 --> 00:42:12,280
we've talked about like, Oh my 
God, do you believe over the 

772
00:42:12,280 --> 00:42:16,480
last six months that, you know, 
Bay Lake Tower went up $20 a 

773
00:42:16,480 --> 00:42:20,640
point, Grand Californian went up
$60.00 a point or Saratoga went 

774
00:42:20,640 --> 00:42:24,720
up $25 per point? 
This has just been steady and 

775
00:42:24,720 --> 00:42:28,480
it's steady for in terms of 
sales, you know we're always 

776
00:42:28,480 --> 00:42:31,760
doing, you know, at least you 
know, between 1:00 to $2,000,000

777
00:42:32,040 --> 00:42:34,640
in DVC sales every single seven 
days. 

778
00:42:34,640 --> 00:42:39,200
Like you said, if you're a 
seller, it is a great time to 

779
00:42:39,200 --> 00:42:42,760
get it listed just because 
inventory is it's still low. 

780
00:42:42,920 --> 00:42:46,480
I mean we're over I think maybe 
300, I'll have to check. 

781
00:42:46,720 --> 00:42:49,480
But I mean for a while we were 
in like the two hundreds where 

782
00:42:49,480 --> 00:42:54,000
we're normally at that time of 
year and like the 500 plus 

783
00:42:54,200 --> 00:42:56,280
listing. 
So we're selling, calling or 

784
00:42:56,280 --> 00:43:00,200
not, we need more listings. 
So again, if you're looking to 

785
00:43:00,200 --> 00:43:02,240
sell, reach out to us, get it 
sold. 

786
00:43:02,800 --> 00:43:05,720
But I think from a buyer 
perspective, and I think we're 

787
00:43:05,720 --> 00:43:08,160
going to have a conversation on 
this too, about that, you know, 

788
00:43:08,200 --> 00:43:12,280
$500 and has that made a 
difference, that $500 new 

789
00:43:12,280 --> 00:43:16,400
transfer fee with Disney? 
We can talk about it separately.

790
00:43:17,080 --> 00:43:21,480
But yeah, I think overall for a 
buyer, especially for certain 

791
00:43:21,480 --> 00:43:24,960
resorts, and I kind of sound 
like a broken record, but I feel

792
00:43:24,960 --> 00:43:29,480
like I've said the word 
Saratoga, Saratoga, Saratoga so 

793
00:43:29,480 --> 00:43:33,240
much to folks lately because for
me, it had. 

794
00:43:33,240 --> 00:43:36,800
And for so many folks that have 
listened to me over the last say

795
00:43:36,800 --> 00:43:40,440
a year, the last six months and 
have bought it, it's just been 

796
00:43:40,440 --> 00:43:44,840
such a slam dunk with literally 
like next to no Roefer buybacks.

797
00:43:44,840 --> 00:43:50,200
You're getting Saratoga for 
under, in many cases under $100 

798
00:43:50,200 --> 00:43:53,800
a point, and then you're using 
those points to go stay at the 

799
00:43:53,800 --> 00:43:58,040
Polynesian when you could go buy
Saratoga with Disney for 215 

800
00:43:58,040 --> 00:44:00,040
bucks. 
You can get it with us for 100. 

801
00:44:00,040 --> 00:44:03,960
So yeah, always reach out to us 
with any specific questions you 

802
00:44:03,960 --> 00:44:05,880
have. 
But overall, Paul, I think your 

803
00:44:05,880 --> 00:44:09,840
message again was perfect. 
It's just steady, nothing like 

804
00:44:09,840 --> 00:44:13,720
this this. 
And for somebody? 

805
00:44:13,720 --> 00:44:16,680
That's been. 
Somebody have been actively 

806
00:44:16,680 --> 00:44:20,560
looking for a for a second 
contract, which I have been 

807
00:44:20,560 --> 00:44:24,160
since about October. 
The inventory is a problem 

808
00:44:24,400 --> 00:44:26,400
because I have a very specific 
need. 

809
00:44:26,400 --> 00:44:32,640
I have a very specific want and 
it has not yet come across like 

810
00:44:32,640 --> 00:44:35,760
I look every single day. 
And I know Jeff and Dan, aren't 

811
00:44:35,760 --> 00:44:37,320
they shopping? 
They are, yeah. 

812
00:44:37,320 --> 00:44:41,000
They're still shopping. 
It's it's been hard. 

813
00:44:41,000 --> 00:44:43,560
Like normally I'm like, oh, I'll
take that one and I'll take that

814
00:44:43,560 --> 00:44:45,480
one and I'll take. 
That one and this one is it's. 

815
00:44:46,000 --> 00:44:49,360
Just if it's my use here, maybe 
I don't know, but like it's been

816
00:44:49,840 --> 00:44:52,720
I haven't pulled the trigger on 
anything because I I have a very

817
00:44:52,720 --> 00:44:55,840
specific need. 
So, yeah, and you're, and 

818
00:44:55,840 --> 00:44:58,280
you're, you're not the only one,
Jeff, because I swear to God, 

819
00:44:58,280 --> 00:45:01,880
we've had so many listings just 
even in the last week where some

820
00:45:01,880 --> 00:45:04,760
of them, and it's probably folks
just like you that are waiting 

821
00:45:04,760 --> 00:45:07,600
for that certain point range. 
They're waiting for maybe a 

822
00:45:07,600 --> 00:45:10,280
certain use here. 
And Oh my God, like we'll get 

823
00:45:10,280 --> 00:45:12,280
hit with a listing as soon as it
hits the market. 

824
00:45:12,520 --> 00:45:15,120
You get it. 
And you've got 5 offers within 

825
00:45:15,120 --> 00:45:18,080
one minute and you have to go 
through and go, OK, which one 

826
00:45:18,080 --> 00:45:20,440
came in first? 
OK, that one came in first, that

827
00:45:20,440 --> 00:45:24,520
one came in second because some 
of them will go just like that. 

828
00:45:24,520 --> 00:45:26,680
It's it's crazy. 
Yep. 

829
00:45:27,400 --> 00:45:30,000
You know, Amy and I have been in
that boat before where we're 

830
00:45:30,080 --> 00:45:32,320
looking for a certain, you know,
50 point contract. 

831
00:45:32,320 --> 00:45:35,120
I remember when we bought our 
Grand Cal contract and you know 

832
00:45:35,120 --> 00:45:39,760
that one just I, I remember I, I
think Amy had the offer into 

833
00:45:39,760 --> 00:45:43,200
Derek before I even knew what 
was going on because again, it 

834
00:45:43,200 --> 00:45:44,640
was like the perfect number of 
points. 

835
00:45:44,640 --> 00:45:47,920
It was like 68 points or 
whatever it was for Grand Cal. 

836
00:45:48,120 --> 00:45:50,880
That's perfect amount for three 
or four nights a year, depending

837
00:45:50,880 --> 00:45:53,320
on how you use the points and 
how you stretch them or if you 

838
00:45:53,320 --> 00:45:57,320
combine them. 
And so like waiting for it's 

839
00:45:57,320 --> 00:46:00,200
waiting for that golden goose 
golden ticket unlocked. 

840
00:46:00,200 --> 00:46:05,800
Magic.com/DVC fan, Nice segue, 
but I mean, you, you kind of 

841
00:46:05,800 --> 00:46:09,560
know what we're going for there 
Is, is, is, yeah, it it, it 

842
00:46:09,720 --> 00:46:11,600
takes some patience at this 
point in game. 

843
00:46:11,720 --> 00:46:14,000
And when you do see that 
contract pop up, you got to be 

844
00:46:14,000 --> 00:46:17,520
ready to go and know like where 
that threshold is for for what 

845
00:46:17,520 --> 00:46:18,600
you want to offer. 
Go ahead, Derek. 

846
00:46:19,040 --> 00:46:23,240
And shameless plug then for the 
DVC resale market, phone app, 

847
00:46:23,600 --> 00:46:25,960
get the phone app, get the phone
app. 

848
00:46:26,400 --> 00:46:28,760
It's fantastic. 
You can set exactly what you're 

849
00:46:28,760 --> 00:46:30,920
looking for. 
You get instant notifications 

850
00:46:30,920 --> 00:46:33,600
because like I've said many 
times, some of the stuff goes 

851
00:46:34,040 --> 00:46:34,800
like that. 
People. 

852
00:46:34,800 --> 00:46:38,200
Veering veering their cars off 
to the side of the road to snag 

853
00:46:38,200 --> 00:46:41,120
a small beach club contract. 
Trying to get it before that's. 

854
00:46:41,160 --> 00:46:44,600
How I got that's how I got our 
grand cow contract was because I

855
00:46:44,600 --> 00:46:48,120
got the text notification from 
the app and that was the old 

856
00:46:48,120 --> 00:46:50,320
app. 
It's it's even better now, so. 

857
00:46:50,320 --> 00:46:53,960
The phone app. 
Now whoever calls it a phone 

858
00:46:53,960 --> 00:47:04,360
app. 
Yeah, Apple App Store or or the 

859
00:47:04,640 --> 00:47:08,240
Google Play Store. 
Look up DVC resale market phone 

860
00:47:08,240 --> 00:47:10,360
app and it'll it should come up 
I think. 

861
00:47:10,400 --> 00:47:13,160
Jeff, I'm curious, So what are 
you in the market for? 

862
00:47:13,680 --> 00:47:19,120
So I want between 75 and 125 
points. 

863
00:47:19,120 --> 00:47:22,640
I don't want more than that, 
which is that's been my biggest 

864
00:47:22,640 --> 00:47:26,200
problem is it's like 100 and 
35150, you know what I mean? 

865
00:47:26,200 --> 00:47:32,600
Like I want 75 to 125 at either 
Saratoga, Old Key West or Animal

866
00:47:32,600 --> 00:47:36,800
Kingdom Lodge. 
But your Easter, December, March

867
00:47:36,800 --> 00:47:37,960
year. 
Oh, March. 

868
00:47:38,160 --> 00:47:39,880
Oh yeah, March. 
I think March. 

869
00:47:39,880 --> 00:47:41,720
I feel like March. 
I hardly ever see it. 

870
00:47:42,320 --> 00:47:46,760
I could have got a 75.1, but 
there was, it was stripped and I

871
00:47:46,760 --> 00:47:48,840
was like, well, part of the 
reason is because I'm out of 

872
00:47:48,840 --> 00:47:50,320
points all the time. 
I don't want to have to wait 

873
00:47:50,320 --> 00:47:52,920
another year before, you know 
what I mean? 

874
00:47:52,920 --> 00:47:55,560
So yeah, it's. 
Very patience. 

875
00:47:55,560 --> 00:47:57,840
Keep waiting because. 
You've rented all your points on

876
00:47:57,840 --> 00:48:01,840
Facebook groups, is that why? 
He's sweating. 

877
00:48:02,320 --> 00:48:05,280
He's. 
Sweating in the middle of the 

878
00:48:05,280 --> 00:48:09,320
night, Jeff. 
It's 120 points and it's got 

879
00:48:09,320 --> 00:48:12,440
banked points from last year and
a March use year at Saratoga. 

880
00:48:12,560 --> 00:48:14,840
I would love to live sell 
contract on air. 

881
00:48:15,520 --> 00:48:16,680
Said contract. 
Huh. 

882
00:48:17,240 --> 00:48:19,280
What the? 
App did not notify me of said 

883
00:48:19,280 --> 00:48:20,840
contract, so said. 
Contract. 

884
00:48:20,840 --> 00:48:22,160
In fact, I'm looking at it right
now. 

885
00:48:22,200 --> 00:48:25,400
It's got 120 bank point from 
2025. 

886
00:48:26,120 --> 00:48:30,200
It just got listed just a couple
of days ago, yeah. 

887
00:48:30,680 --> 00:48:32,560
So, yeah, this is Derek. 
This is like this. 

888
00:48:32,680 --> 00:48:35,120
This is like National Geographic
Derek right now. 

889
00:48:35,120 --> 00:48:37,600
Like we're watching him. 
Do his element. 

890
00:48:38,120 --> 00:48:42,640
Crikey, like Derek shopping, 
shopping the recent market 

891
00:48:42,920 --> 00:48:47,360
finding a contract for Jeffrey. 
Because Jeff, you still love 

892
00:48:47,360 --> 00:48:49,920
your family, right? 
And do you want them to have the

893
00:48:50,400 --> 00:48:54,640
aspirations possible? 
Look at him bringing in the 

894
00:48:54,640 --> 00:48:58,280
emotional play to seal the deal 
land. 

895
00:48:58,560 --> 00:49:03,520
It was just so sounds about. 
Right. 

896
00:49:04,200 --> 00:49:07,720
I I, yeah, I would love to just 
watch what, like watch a live 

897
00:49:07,720 --> 00:49:10,800
sale transaction go down and 
record it at some point. 

898
00:49:10,800 --> 00:49:14,920
That would that would be. 
You could have Annie on because 

899
00:49:14,920 --> 00:49:18,440
she has to live with me as I 
work 20 hours a day and she 

900
00:49:18,440 --> 00:49:22,800
hears it all. 
She'll tell you. 

901
00:49:24,280 --> 00:49:25,560
She'll tell you how magical I 
am. 

902
00:49:26,200 --> 00:49:28,120
Derek, you mentioned right of 
first refusal. 

903
00:49:28,120 --> 00:49:30,720
I wanted to go there before we 
get into that $500 fee real 

904
00:49:30,720 --> 00:49:33,320
quick. 
But yeah, row for activity kind 

905
00:49:33,320 --> 00:49:35,800
of been pretty slow on the year 
so far. 

906
00:49:36,560 --> 00:49:39,440
So we're sitting here end of 
March, 1st of April. 

907
00:49:40,120 --> 00:49:43,840
As of the end of March, there 
have been 33 contracts, Rowford 

908
00:49:44,160 --> 00:49:48,040
compare that to 41 last year, so
little bit under kind of the 

909
00:49:48,040 --> 00:49:50,440
norm that we would expect. 
Compare that to 2022. 

910
00:49:51,040 --> 00:49:53,320
Yeah. 
Compare that to 2022. 

911
00:49:53,720 --> 00:49:58,640
This time last year or this time
in 2022, there were 244 

912
00:49:58,640 --> 00:50:04,080
contracts that had been Roeford.
Over 200 and. 44 just for the 

913
00:50:04,080 --> 00:50:08,320
record, that three month period 
doesn't equal, you know, the 

914
00:50:08,320 --> 00:50:12,400
total for an entire year over 
the course of the past four 

915
00:50:12,400 --> 00:50:14,360
years. 
So while Roefer is still out 

916
00:50:14,360 --> 00:50:17,560
there and it's almost like feel 
lucky, like you got the golden 

917
00:50:17,560 --> 00:50:22,120
ticket if it happens to you, 
realize that there's going to be

918
00:50:22,120 --> 00:50:24,200
other, you know, fish in the sea
and you're going to find some 

919
00:50:24,200 --> 00:50:28,880
other contracts. 
As of March, really the the, the

920
00:50:29,040 --> 00:50:32,760
resorts that have seen Roefer 
activity so far, Animal Kingdom 

921
00:50:32,760 --> 00:50:36,280
has seen a couple Grand 
Floridian by far has been the 

922
00:50:36,280 --> 00:50:42,000
largest 13 taken so far on the 
year, which equates to about 16%

923
00:50:42,000 --> 00:50:44,360
of what resale market has sold 
this year so far. 

924
00:50:44,360 --> 00:50:47,760
So that that's the highest 
number that there are Old Key 

925
00:50:47,760 --> 00:50:51,680
West at 9. 
We've seen about 11% of listings

926
00:50:51,680 --> 00:50:56,720
taken there. 
First in March was 2 Saratoga 

927
00:50:56,720 --> 00:50:58,760
Springs contract contracts 
taken. 

928
00:50:59,000 --> 00:51:02,200
But again, they are offering a 
current direct promo at that 

929
00:51:02,200 --> 00:51:05,360
resort, which is probably why 
they're a little bit interested 

930
00:51:05,360 --> 00:51:08,760
in some of those lower priced 
offerings there. 

931
00:51:09,120 --> 00:51:13,160
And then just the weird outliers
like 1 Riviera, one Beach Club, 

932
00:51:13,160 --> 00:51:19,680
1 Aulani, 2 Bay Lake Tower. 
So just some extreme outliers 

933
00:51:19,680 --> 00:51:21,800
where if you're looking at any 
of those resorts, I really 

934
00:51:21,800 --> 00:51:25,360
wouldn't be, wouldn't be worried
about Rofer at this point in 

935
00:51:25,360 --> 00:51:26,840
time. 
Just realize that it's part of 

936
00:51:26,840 --> 00:51:28,200
the process that you got to go 
through. 

937
00:51:28,640 --> 00:51:31,880
And I think 22, it might be 
interesting to let people know 

938
00:51:31,880 --> 00:51:33,760
that maybe if they're new to 
watching the show or maybe 

939
00:51:33,760 --> 00:51:36,120
they're new to being a member, 
they might be wondering why the 

940
00:51:36,120 --> 00:51:38,000
heck are, you know, the Grand 
Floridian? 

941
00:51:38,000 --> 00:51:41,240
Like, why are they buying back 
like 17% of the Grand Floridian 

942
00:51:41,240 --> 00:51:43,360
contracts? 
And the reason is, at least this

943
00:51:43,360 --> 00:51:47,840
is my professional opinion, is 
that right now their big main 

944
00:51:47,840 --> 00:51:52,200
live product is the Polynesian. 
So they do a lot of tours. 

945
00:51:52,200 --> 00:51:54,760
When people learn about what 
Disney Vacation Club is, they do

946
00:51:54,760 --> 00:51:56,440
them right there at the 
Polynesian. 

947
00:51:56,920 --> 00:51:58,680
That may not be everyone's cup 
of tea. 

948
00:51:58,720 --> 00:52:01,560
So I know because I still have 
friends that are Disney Vacation

949
00:52:01,560 --> 00:52:04,200
Club guides that work at the 
Polynesian and they have a lot 

950
00:52:04,200 --> 00:52:07,400
of folks that say this is great.
I love the idea of the club and 

951
00:52:07,400 --> 00:52:10,160
using points and the point 
charts, but they look next door 

952
00:52:10,160 --> 00:52:13,240
and go, I want to stay there. 
I want to own there. 

953
00:52:13,240 --> 00:52:15,960
How much is that white building?
How much is that resort? 

954
00:52:15,960 --> 00:52:19,920
I, I want the Grand Floridian. 
And again, that's why they're 

955
00:52:19,920 --> 00:52:22,840
buying contracts back from us. 
You could buy the Grand direct 

956
00:52:22,840 --> 00:52:25,040
from Disney. 
No bells, no whistles, no 

957
00:52:25,040 --> 00:52:28,600
discounts. 
It's 260, $55 per point. 

958
00:52:28,960 --> 00:52:33,760
The average price with us at the
DVC resale market is like 155 or

959
00:52:33,760 --> 00:52:36,840
somewhere around there. 
So Disney can look to say, we 

960
00:52:36,840 --> 00:52:39,280
have a lot of people asking for 
points that want to buy direct 

961
00:52:39,280 --> 00:52:40,720
that maybe they don't know about
resale. 

962
00:52:41,000 --> 00:52:44,600
So that's what's happening. 
I absolutely guarantee it. 

963
00:52:44,600 --> 00:52:47,240
And the same thing with the 
other Grand on the West Coast. 

964
00:52:47,520 --> 00:52:50,440
People that tour the Disneyland 
tower look to say, well, I don't

965
00:52:50,440 --> 00:52:53,280
want to own here, it's nice, but
I want to own the Grand 

966
00:52:53,280 --> 00:52:55,680
California. 
And so therefore, they talk 

967
00:52:55,680 --> 00:52:57,720
about the Grand California. 
Do you have any points? 

968
00:52:57,720 --> 00:53:00,400
Because they don't want someone 
to walk away saying, yeah, 

969
00:53:00,400 --> 00:53:02,880
thanks, well, you don't have 
what I want, then I'm just going

970
00:53:02,880 --> 00:53:06,160
to go somewhere else. 
So that's why they buy back 

971
00:53:06,160 --> 00:53:11,000
specific contracts and how it 
really will ebb and flow. 

972
00:53:11,480 --> 00:53:12,400
He's going to leave it on, 
Derek. 

973
00:53:13,040 --> 00:53:15,400
Yeah, I just really wanted to 
just focus in on Derek for a 

974
00:53:15,400 --> 00:53:18,640
minute and just take a really, 
really brief pause right there. 

975
00:53:19,040 --> 00:53:22,320
I had I had all of their cameras
zoomed in because we had filmed 

976
00:53:22,320 --> 00:53:24,200
a different show with some other
people the other day. 

977
00:53:24,560 --> 00:53:27,880
And everyone, everyone's 
foreheads was as large as as 

978
00:53:27,880 --> 00:53:29,280
Derek's just. 
Well, I think I can. 

979
00:53:29,840 --> 00:53:31,040
I think I can do it live. 
Yeah. 

980
00:53:31,040 --> 00:53:34,520
There we go, Derek. 
Derek looked like that the audio

981
00:53:34,520 --> 00:53:37,040
last month but. 
You imagine a little show like 

982
00:53:37,040 --> 00:53:38,840
that. 
Poor as Derek that's that's 

983
00:53:38,840 --> 00:53:40,920
amazing. 
It looks like I can see. 

984
00:53:41,720 --> 00:53:44,200
His soul. 
It looks like the movie screen 

985
00:53:44,200 --> 00:53:47,480
that they put on the lawn at 
Vero Beach when they show movies

986
00:53:47,480 --> 00:53:49,520
at night. 
Speaking of the market in 

987
00:53:49,520 --> 00:53:52,360
general, we've also in the first
three months of the year seen 

988
00:53:52,360 --> 00:53:57,360
direct prices increase on, you 
know, actively selling 

989
00:53:57,360 --> 00:54:00,320
properties. 
We are creeping ever so close to

990
00:54:00,360 --> 00:54:05,960
that $250 per point number, you 
know, just just inching our way 

991
00:54:05,960 --> 00:54:08,920
there. 
I think ahead of Lakeshore Lodge

992
00:54:08,920 --> 00:54:13,920
going on sale, you know, 
probably early next year, maybe 

993
00:54:13,920 --> 00:54:18,320
late this year, still no real 
information on that out there 

994
00:54:18,360 --> 00:54:22,040
just yet, but prices are 
continuing to increase. 

995
00:54:22,360 --> 00:54:27,840
That is before incentives are 
applied and normally that's 

996
00:54:27,840 --> 00:54:30,600
something that puts some 
pressure on the resale market. 

997
00:54:30,600 --> 00:54:34,200
Another thing that Derek, you 
had mentioned was that $500 

998
00:54:34,200 --> 00:54:37,400
resale admin fee. 
So at the end of last year, 

999
00:54:37,400 --> 00:54:41,280
Disney Vacation Club came up 
with a $500 fee that they're 

1000
00:54:41,280 --> 00:54:45,200
applying to every single resale 
contract purchase. 

1001
00:54:46,400 --> 00:54:50,840
And basically it's a $500 fee 
that's added on to the closing 

1002
00:54:50,840 --> 00:54:53,440
costs and everything factored 
in. 

1003
00:54:53,760 --> 00:54:57,040
And, you know, there was 
questions too of like how is 

1004
00:54:57,040 --> 00:54:59,760
that going to affect the market?
You know, is that going to move 

1005
00:54:59,760 --> 00:55:01,760
pricing in One Direction or 
another? 

1006
00:55:02,080 --> 00:55:06,120
And at least now, you know, a 
couple months in, at least from 

1007
00:55:06,120 --> 00:55:09,400
my perspective, I've not seen 
any significant changes as a 

1008
00:55:09,400 --> 00:55:12,480
result of either of those. 
Derek, how is that playing? 

1009
00:55:12,480 --> 00:55:14,800
Just like when a buyer and a 
seller kind of have a 

1010
00:55:14,800 --> 00:55:17,440
negotiation or. 
Yeah, yeah. 

1011
00:55:17,440 --> 00:55:19,920
It's kind of funny because they 
knew that when we got the topics

1012
00:55:19,920 --> 00:55:22,200
for the show that we were going 
to talk about this, which I was 

1013
00:55:22,200 --> 00:55:23,600
kind of excited to talk about 
it. 

1014
00:55:23,760 --> 00:55:26,080
And I even had a conversation 
with Kevin, our company 

1015
00:55:26,080 --> 00:55:29,400
president about it today. 
And I wanted to just kind of get

1016
00:55:29,520 --> 00:55:32,520
his thoughts on it too. 
And we both kind of came to the 

1017
00:55:32,520 --> 00:55:37,440
same conclusion that it really 
doesn't come up that often in 

1018
00:55:37,440 --> 00:55:39,920
conversation when we're talking 
to buyers. 

1019
00:55:40,200 --> 00:55:44,760
If it does, they might ask and 
say, hey, can I ask the seller 

1020
00:55:44,760 --> 00:55:46,760
to pay this 500 $100 transfer 
fee? 

1021
00:55:47,160 --> 00:55:51,320
I will tell you, I, you know, we
sell a really good amount of 

1022
00:55:51,320 --> 00:55:54,280
contracts here. 
I've never ever had one seller 

1023
00:55:54,680 --> 00:55:58,240
agree to pay the $500 transfer 
fee for a buyer. 

1024
00:55:58,480 --> 00:56:00,960
So we just kind of break it to 
the buyer and say, listen, 

1025
00:56:00,960 --> 00:56:03,640
they're not going to agree. 
We of course will present it, 

1026
00:56:03,800 --> 00:56:05,840
but it never happens. 
They're not going to do it. 

1027
00:56:05,840 --> 00:56:08,760
It's almost the same as saying I
want the seller to pay my dues 

1028
00:56:08,960 --> 00:56:12,280
for 2026 for points that are 
fully bankable and you've got 

1029
00:56:12,280 --> 00:56:16,440
till 2028 to use them. 
We'll present your offer, but 

1030
00:56:16,440 --> 00:56:18,880
don't hold your breath because 
it's just not going to happen. 

1031
00:56:19,720 --> 00:56:23,720
So overall, I think that the 
people that are making the 

1032
00:56:23,720 --> 00:56:26,920
offers, they kind of assume that
OK, this is the price, this is 

1033
00:56:26,920 --> 00:56:29,760
what I'm going to have to pay. 
It is a transfer fee. 

1034
00:56:29,760 --> 00:56:32,360
Overall. 
What I don't know, and I would 

1035
00:56:32,360 --> 00:56:34,600
love to know, and I don't know 
if there's a way to find out, is

1036
00:56:35,320 --> 00:56:38,240
the people that we get to talk 
to are the people like let's say

1037
00:56:38,240 --> 00:56:41,680
we have a house and they hop the
fence so they're in our yard so 

1038
00:56:41,680 --> 00:56:44,960
we can talk to them. 
What I don't know is how many 

1039
00:56:44,960 --> 00:56:49,240
people heard about the $500 
transfer fee and didn't hop the 

1040
00:56:49,240 --> 00:56:51,320
fence, right? 
Like how many people out there, 

1041
00:56:51,320 --> 00:56:54,480
and it'd be great to know even 
in the comments, how many people

1042
00:56:54,480 --> 00:56:57,680
out there said, I like DVC, but 
I don't even know if I want to 

1043
00:56:57,680 --> 00:57:00,920
talk to someone because I heard 
about this $500 transfer fee. 

1044
00:57:00,920 --> 00:57:04,520
So the ones that jump the fence 
that we're able to talk to and 

1045
00:57:04,520 --> 00:57:08,720
explain to them and break it 
out, which again, any sort of, 

1046
00:57:08,760 --> 00:57:12,840
you know, even a $500 fee at the
end of things when Disney Direct

1047
00:57:12,840 --> 00:57:17,040
is making price increases on 
stuff from 5 bucks a point to 10

1048
00:57:17,040 --> 00:57:21,200
bucks a point when you're saving
still from buying on the resale 

1049
00:57:21,200 --> 00:57:26,720
market are anywhere from 20 to 
30 up to 60% less than buying 

1050
00:57:26,720 --> 00:57:30,160
direct with Disney. 
And I think what encourages me, 

1051
00:57:30,160 --> 00:57:33,680
and I'd like to know, I'd like 
to attribute the fact that it is

1052
00:57:33,680 --> 00:57:36,120
part of the 500 because that's 
what I always wanted it to be. 

1053
00:57:36,520 --> 00:57:39,880
Is this $500 going to let them 
maybe hire more people? 

1054
00:57:40,120 --> 00:57:44,040
Will it help things in the 
process become faster? 

1055
00:57:44,800 --> 00:57:47,760
And I mentioned that to our 
company president today and I 

1056
00:57:47,760 --> 00:57:52,160
said I've had people legit that 
bought their contract even at 

1057
00:57:52,160 --> 00:57:57,960
the end of February, early March
that closed within 30 days, 

1058
00:57:58,240 --> 00:58:01,440
maybe 35 days. 
I've had people lately get 

1059
00:58:01,440 --> 00:58:06,480
through Roefer in seven days, 14
days back when they when it was 

1060
00:58:06,480 --> 00:58:10,360
stretching out the 30, the 35 
days I've had people get the 

1061
00:58:10,360 --> 00:58:14,920
notification from Disney that 
have closed with us that said, 

1062
00:58:14,920 --> 00:58:19,320
Oh my God, I got my points seven
days later, 10 days later versus

1063
00:58:19,320 --> 00:58:22,520
a while back. 
It was, hey, it's been 3 weeks, 

1064
00:58:22,520 --> 00:58:24,640
it's been 4 weeks. 
When am I going to get these 

1065
00:58:24,640 --> 00:58:28,760
points from Disney? 
So I think at least for me, and 

1066
00:58:28,760 --> 00:58:31,240
I've had a lot of people attest 
like, Oh my God, I wasn't even 

1067
00:58:31,240 --> 00:58:35,520
prepared to have my contract 
close so fast that I wouldn't if

1068
00:58:35,520 --> 00:58:39,640
I was a buyer, I wouldn't mind 
paying the 500 because it does 

1069
00:58:39,640 --> 00:58:41,760
seem to be making things a 
little bit quicker. 

1070
00:58:41,760 --> 00:58:44,560
And if you're on the fence about
it, and this is what we talked 

1071
00:58:44,560 --> 00:58:47,240
about too as well, it's $500 
now. 

1072
00:58:47,680 --> 00:58:50,120
Who knows? 
At any point Disney could say, 

1073
00:58:50,120 --> 00:58:54,040
you know what, man, since we, 
you know, started doing this fee

1074
00:58:54,040 --> 00:58:56,760
that again, they could have done
this, this was in the contracts 

1075
00:58:56,880 --> 00:58:59,560
from 1991. 
They could have instituted this 

1076
00:58:59,560 --> 00:59:03,000
transfer fee at any time. 
Keep in mind, they could next 

1077
00:59:03,000 --> 00:59:06,400
year say, you know what, now 
it's 750 or year after that, 

1078
00:59:06,400 --> 00:59:08,680
it's going to be $1000 transfer 
fee. 

1079
00:59:08,680 --> 00:59:09,920
It's not locked in. 
I'll give. 

1080
00:59:10,000 --> 00:59:13,200
Them my disk. 
Yeah, right. 

1081
00:59:13,600 --> 00:59:14,760
Exactly. 
But no. 

1082
00:59:14,880 --> 00:59:18,320
So it's almost like trying to 
get in and buying, you know, 

1083
00:59:18,640 --> 00:59:22,720
before restrictions kick in. 
Like if all you have to pay is 

1084
00:59:22,720 --> 00:59:25,960
500 bucks, do it because you, 
you want to be down the road 

1085
00:59:25,960 --> 00:59:28,200
looking to say, yeah, I got my 
contract. 

1086
00:59:28,200 --> 00:59:31,040
I got it in record time. 
I speed through Roefer and I got

1087
00:59:31,040 --> 00:59:34,840
my points loaded and I only paid
$500 transfer fee. 

1088
00:59:34,840 --> 00:59:39,160
So that's my, that's my story. 
Thank you for coming to my Ted 

1089
00:59:39,160 --> 00:59:40,760
Talk. 
At the end of the day, it's just

1090
00:59:40,760 --> 00:59:43,440
the price of business now. 
You know, it's not something it,

1091
00:59:43,440 --> 00:59:46,280
it's one of those things that's 
just baked into any, any 

1092
00:59:46,280 --> 00:59:48,920
transaction. 
Like, you know, the, the, the 

1093
00:59:48,920 --> 00:59:50,600
house buying analogy is one of 
those. 

1094
00:59:50,600 --> 00:59:54,080
There are so many fees that are 
baked into the house buying 

1095
00:59:54,080 --> 00:59:56,360
process and most people don't 
even blink. 

1096
00:59:56,360 --> 00:59:59,440
They just sign on the line and 
move, move on down the road with

1097
00:59:59,440 --> 01:00:01,280
them. 
You know, there's even there's 

1098
01:00:01,280 --> 01:00:03,840
even fees when you buy a house 
that you know the. 

1099
01:00:03,880 --> 01:00:06,600
Binder fee. 
Yeah, like a a binder binder. 

1100
01:00:06,600 --> 01:00:08,680
What do you charge for the 
binder? 

1101
01:00:08,760 --> 01:00:10,840
Is that? 
Is that a three ring hole punch 

1102
01:00:10,840 --> 01:00:12,040
binder? 
Is that? 

1103
01:00:12,080 --> 01:00:14,800
The binder they put your paper 
junk in. 

1104
01:00:15,440 --> 01:00:19,040
Like I like, but but seriously, 
I mean it's just, it's just part

1105
01:00:19,040 --> 01:00:22,040
of that. 
It's not significantly I think 

1106
01:00:22,040 --> 01:00:26,720
affecting where that value 
proposition of resale or direct 

1107
01:00:26,720 --> 01:00:29,480
really lies. 
And to your question, Derek, 

1108
01:00:29,480 --> 01:00:35,160
again, I would ask the question,
I would ask your question, but I

1109
01:00:35,160 --> 01:00:38,120
would also take it a step 
further and say not only did you

1110
01:00:38,120 --> 01:00:41,760
not buy because of the $500 fee,
but did you go buy direct 

1111
01:00:41,760 --> 01:00:45,160
because of the $500 fee? 
Like was it that impactful on 

1112
01:00:45,160 --> 01:00:47,920
that decision? 
You know, the only thing that 

1113
01:00:47,920 --> 01:00:51,560
I've seen that's remotely been 
close on Disney recently has 

1114
01:00:51,560 --> 01:00:55,920
been some direct promotions that
have been for Disneyland Hotel. 

1115
01:00:56,880 --> 01:00:59,120
You know, we talked about our 
friend Gary that that ended up 

1116
01:00:59,120 --> 01:01:01,080
buying a contract there on a 
previous show. 

1117
01:01:01,640 --> 01:01:06,280
And Gary what like, you know, at
the end of the day, the numbers 

1118
01:01:06,480 --> 01:01:10,760
were close enough to make it a 
consideration, but he still 

1119
01:01:10,760 --> 01:01:16,200
ended up buying resale. 
And so, you know that we've seen

1120
01:01:16,200 --> 01:01:19,000
certain outlier cases where that
could be the case. 

1121
01:01:19,000 --> 01:01:22,760
Obviously, you know, you want to
question, you know, do you want 

1122
01:01:22,760 --> 01:01:24,560
those direct benefits and 
everything like that. 

1123
01:01:24,560 --> 01:01:27,880
Again, all you know, most of 
every, every single one of us 

1124
01:01:27,880 --> 01:01:30,920
has bought direct and resale. 
Everyone, every single one of us

1125
01:01:31,120 --> 01:01:32,880
has bought both of those. 
We're not trying to tell you to 

1126
01:01:32,880 --> 01:01:37,120
do one or the other, but it's 
just, you know, those are kind 

1127
01:01:37,120 --> 01:01:40,600
of the economics of, of what 
we're looking at these days. 

1128
01:01:41,240 --> 01:01:43,560
I'm, I'm just patting myself on 
the back because the whole time 

1129
01:01:43,560 --> 01:01:46,760
Derek was talking, the dog 
spilled Paul's drink on the 

1130
01:01:46,760 --> 01:01:52,160
carpet and I was able to get up 
and go get towels up and sit 

1131
01:01:52,160 --> 01:01:54,480
back down. 
So thank you, Derek, for for 

1132
01:01:54,480 --> 01:01:56,680
your information. 
It was very you're. 

1133
01:01:56,680 --> 01:01:59,480
Welcome. 
And sometimes I can talk so long

1134
01:01:59,480 --> 01:02:02,040
that I think the people that 
just went to the moon have 

1135
01:02:02,040 --> 01:02:03,720
already come back. 
That's how. 

1136
01:02:04,600 --> 01:02:07,960
I've heard that's probably true.
Something I forgot to actually 

1137
01:02:07,960 --> 01:02:10,640
put on our questions and, and 
you can kind of just go, no, I 

1138
01:02:10,640 --> 01:02:15,880
don't want to talk about it. 
But another thing that a lot of 

1139
01:02:15,880 --> 01:02:19,680
people look at right now when it
comes to buying and don't come 

1140
01:02:19,680 --> 01:02:22,000
for me in the comments saying 
the only way to buy a DVC 

1141
01:02:22,000 --> 01:02:26,320
contract is cash. 
People finance, it happens all 

1142
01:02:26,320 --> 01:02:28,440
the time. 
You finance a car, you finance a

1143
01:02:28,440 --> 01:02:30,760
house, it happens. 
People finance things. 

1144
01:02:31,640 --> 01:02:35,600
But I think a lot of people 
don't really understand how 

1145
01:02:35,880 --> 01:02:39,280
while there might be subtle 
changes in a Fed rate or 

1146
01:02:39,280 --> 01:02:41,960
something like that, those 
aren't directly impacting like 

1147
01:02:41,960 --> 01:02:43,760
mortgage rates at the end of the
day. 

1148
01:02:44,080 --> 01:02:48,080
Like, you know, we're not Jeff, 
you work in this market like 

1149
01:02:48,080 --> 01:02:50,680
you, you kind of see it every 
single day. 

1150
01:02:50,920 --> 01:02:54,600
And I think people hear things 
on the news or see things out 

1151
01:02:54,600 --> 01:02:58,440
there and expect that that's 
that singular entity or that 

1152
01:02:58,440 --> 01:03:01,960
singular marker is going to 
significantly impact the 

1153
01:03:01,960 --> 01:03:05,240
direction of interest rates and 
financing. 

1154
01:03:06,080 --> 01:03:08,680
And it doesn't like it doesn't 
move that quickly. 

1155
01:03:09,040 --> 01:03:11,480
Yeah, that, that's correct. 
And we don't need to get too far

1156
01:03:11,480 --> 01:03:15,240
in the weeds here, but I've been
in real estate for 20 years. the

1157
01:03:15,240 --> 01:03:18,360
Fed rate rarely effects mortgage
rates. the Fed rate is tied to 

1158
01:03:18,360 --> 01:03:21,280
other things, Treasury bills and
and bonds and, and some of those

1159
01:03:21,280 --> 01:03:23,920
kinds of things. 
That doesn't have an impact, 

1160
01:03:23,920 --> 01:03:27,960
sure, But if the Fed rate goes 
down a point, the interest rates

1161
01:03:27,960 --> 01:03:29,960
don't drop a point. 
That's just not how it works. 

1162
01:03:31,320 --> 01:03:35,040
And it kind of goes to like, I 
have this conversation with 

1163
01:03:35,040 --> 01:03:38,320
people every single day. 
I'm not going to buy a house 

1164
01:03:38,320 --> 01:03:41,520
called the interest rates drop. 
You could be waiting decades for

1165
01:03:41,520 --> 01:03:44,200
the interest rates to drop. 
That's, that's you're, you're 

1166
01:03:44,440 --> 01:03:48,600
the price of housing is going to
continue to increase over time. 

1167
01:03:48,960 --> 01:03:50,760
You're losing money by not 
buying. 

1168
01:03:51,320 --> 01:03:53,440
If you can afford to buy now, 
then you should buy now. 

1169
01:03:53,560 --> 01:03:56,640
If you can't afford it, don't, 
because then we do a different 

1170
01:03:56,640 --> 01:03:59,240
appraisal and that's when your 
home gets foreclosed on, you 

1171
01:03:59,240 --> 01:04:01,480
know, But if you can afford the 
payment, if you can afford the 

1172
01:04:01,480 --> 01:04:04,760
financing, if you can afford the
house, don't wait for interest 

1173
01:04:04,760 --> 01:04:06,600
rates to drop. 
Don't wait for some magic number

1174
01:04:06,600 --> 01:04:09,280
because it just doesn't exist. 
It's it's not going to exist. 

1175
01:04:09,760 --> 01:04:12,080
You you've seen what interest 
rates have done over the last 

1176
01:04:12,080 --> 01:04:15,720
two years and it's been to, to 
quote Derek steady. 

1177
01:04:16,320 --> 01:04:19,200
There's been a tight drop, then 
tight increase. 

1178
01:04:19,200 --> 01:04:22,280
You know, it's just that's not 
how the business works. 

1179
01:04:22,280 --> 01:04:26,640
And I'm sure Monera Financial 
operates under largely the same.

1180
01:04:27,040 --> 01:04:31,120
The Fed rate is how banks borrow
money, not how we borrow money. 

1181
01:04:31,200 --> 01:04:33,520
Yeah, I think that's a that's a 
great descriptor. 

1182
01:04:33,520 --> 01:04:36,600
And obviously always add kind of
the disclaimer, none of us are 

1183
01:04:36,920 --> 01:04:39,640
financial professionals, you 
know, seek a financial 

1184
01:04:39,640 --> 01:04:42,280
professional if you're looking 
for financial guidance. 

1185
01:04:42,800 --> 01:04:46,520
At the end of the day, we're not
telling you to finance ADVC 

1186
01:04:46,520 --> 01:04:48,880
contract. 
Put yourself in a good financial

1187
01:04:48,880 --> 01:04:52,120
position if you are looking at 
this as a potential purchase 

1188
01:04:53,120 --> 01:04:55,720
because you know it, it's a 
significant purchase. 

1189
01:04:55,720 --> 01:04:57,480
You want to make sure you you 
know what you're buying, you 

1190
01:04:57,480 --> 01:04:59,080
know what you're getting into 
and everything like that. 

1191
01:04:59,080 --> 01:05:01,760
But I know that's a frequent 
question that came that seems to

1192
01:05:01,760 --> 01:05:04,000
come up in, in a, in a lot of 
the community. 

1193
01:05:04,000 --> 01:05:08,080
So just wanted to kind of 
address it really quickly. 

1194
01:05:09,040 --> 01:05:12,960
If there's anything that either 
of you had to say or any any of 

1195
01:05:12,960 --> 01:05:16,840
you have to tell maybe a buyer 
or a seller or someone looking 

1196
01:05:16,840 --> 01:05:19,480
to rent points over the course 
of the next few months, what 

1197
01:05:19,480 --> 01:05:21,760
would that be? 
Someone looking to do what? 

1198
01:05:22,120 --> 01:05:26,000
Buy, buy, sell, rent. 
Yeah, where were you thinking 

1199
01:05:26,000 --> 01:05:27,440
about dinner all? 
That I was thinking about, 

1200
01:05:28,120 --> 01:05:30,440
thinking about financing still 
because I didn't really say 

1201
01:05:30,440 --> 01:05:34,320
anything. 
We know I was. 

1202
01:05:34,320 --> 01:05:36,560
Jeff said everything. 
I was going to, but then Jeff 

1203
01:05:36,560 --> 01:05:38,720
just said everything perfectly 
so I didn't have to. 

1204
01:05:40,160 --> 01:05:43,240
But no, I actually, can I go 
back to that really quickly just

1205
01:05:43,240 --> 01:05:46,720
because you brought up the topic
and it's kind of off topic, but 

1206
01:05:46,720 --> 01:05:49,320
it's not. 
But people, people are always 

1207
01:05:49,320 --> 01:05:50,560
comparing. 
If you insist. 

1208
01:05:51,640 --> 01:05:56,920
People are always comparing like
DVC financing rates to like what

1209
01:05:56,960 --> 01:05:59,960
you know, to a home rate. 
And it's, it's a very different.

1210
01:06:00,760 --> 01:06:03,200
And the reason for it is 
there's, there's multiple 

1211
01:06:03,200 --> 01:06:06,200
reasons for that. 
But first, DVC is the luxury 

1212
01:06:06,200 --> 01:06:09,960
product. 
It's not a necessity like a 

1213
01:06:09,960 --> 01:06:12,800
home. 
So because of that, that's why 

1214
01:06:12,800 --> 01:06:14,520
bank rates are going to be 
higher. 

1215
01:06:14,520 --> 01:06:18,400
But the other thing is, is that 
it is a little bit of a riskier 

1216
01:06:18,400 --> 01:06:22,240
product. 
And obviously DVC is probably 

1217
01:06:22,240 --> 01:06:25,440
the least risky, you know, 
timeshare out there. 

1218
01:06:26,120 --> 01:06:29,480
But like the process of 
financing A justification club, 

1219
01:06:29,480 --> 01:06:31,600
you know, especially when you 
look at like through my era, 

1220
01:06:32,160 --> 01:06:36,440
even through Disney Direct, 
they're not digging into your 

1221
01:06:36,440 --> 01:06:40,040
bank statements, They're not 
going through your employment 

1222
01:06:40,040 --> 01:06:45,560
information, they're not having 
you verify your pay stubs and 

1223
01:06:45,560 --> 01:06:47,160
your salary. 
And they're not going through 

1224
01:06:47,160 --> 01:06:49,440
all this stuff and asking you 
what is this reoccurring charge 

1225
01:06:49,440 --> 01:06:50,880
in your bank account, this and 
that. 

1226
01:06:51,160 --> 01:06:54,920
Like they're not doing all that 
because it is such an easier, 

1227
01:06:54,920 --> 01:06:58,160
more streamlined process because
the risk is being taken on by 

1228
01:06:58,160 --> 01:07:00,320
the lender, like Disney, like 
us. 

1229
01:07:01,000 --> 01:07:03,680
And so the rates kind of reflect
that difference. 

1230
01:07:03,960 --> 01:07:09,560
We, when Paul and I just bought 
this house last year, we had to 

1231
01:07:09,560 --> 01:07:13,640
prove that I wasn't an owner of 
my mom's house because there was

1232
01:07:13,640 --> 01:07:15,840
some weird recorded document 
that accidentally listed my 

1233
01:07:15,840 --> 01:07:17,240
name. 
I was a kid when she bought that

1234
01:07:17,240 --> 01:07:18,320
house. 
My name isn't on it. 

1235
01:07:18,560 --> 01:07:21,000
But we had to go through all 
these hoops to prove that even 

1236
01:07:21,000 --> 01:07:22,720
though it was a paid off house, 
that we didn't have this 

1237
01:07:22,720 --> 01:07:24,440
liability. 
I still have a file on my 

1238
01:07:24,440 --> 01:07:27,000
computer. 
I know it's got like 100 plus, 

1239
01:07:27,080 --> 01:07:30,600
you know, scans or PDFs or other
documents that I. 

1240
01:07:30,600 --> 01:07:33,880
Had to get the amount of things 
you have to gather to purchase a

1241
01:07:33,880 --> 01:07:37,880
home through, you know, and get 
through underwriting is so 

1242
01:07:37,880 --> 01:07:39,960
enormous. 
Whereas when you, when you 

1243
01:07:40,040 --> 01:07:43,600
finance the DVC, it's such an 
easy streamline process because 

1244
01:07:43,600 --> 01:07:45,840
we're taking that risk on for 
you. 

1245
01:07:46,360 --> 01:07:49,480
So I just, I just want to say 
that that's a big difference in,

1246
01:07:49,480 --> 01:07:52,720
in why those rates and our rates
are very competitive compared to

1247
01:07:52,720 --> 01:07:55,280
any other timeshare lender, 
including Disney. 

1248
01:07:55,280 --> 01:07:58,160
So had to say that. 
That was great, I loved it. 

1249
01:07:58,200 --> 01:08:00,200
No, that's really important to 
know. 

1250
01:08:00,560 --> 01:08:03,680
For sure, wrapping us up, like I
said, anything that you tell a 

1251
01:08:03,680 --> 01:08:07,160
potential person looking to buy,
sell, rent points, whatever that

1252
01:08:07,160 --> 01:08:08,760
might be within the next few 
months. 

1253
01:08:08,960 --> 01:08:12,000
Oh, that was the question. 
That was that was the question. 

1254
01:08:13,640 --> 01:08:16,040
I. 
Mean, I would just say if if 

1255
01:08:16,040 --> 01:08:18,319
you're in a position that you 
can afford it, don't wait. 

1256
01:08:18,560 --> 01:08:21,200
Because the number one thing, 
and we've said this a million 

1257
01:08:21,200 --> 01:08:24,560
times on our show, the number 
one thing that people always say

1258
01:08:24,560 --> 01:08:26,840
is I wish I would have bought 
sooner, you know, and then 

1259
01:08:26,880 --> 01:08:28,479
prices are going to continue to 
go up. 

1260
01:08:28,680 --> 01:08:32,120
We're going to get to 250 direct
next year, I'm sure of it. 

1261
01:08:32,399 --> 01:08:37,080
You know, if you want it and you
can afford it, just do it. 

1262
01:08:37,880 --> 01:08:42,120
The fact, the fact that you said
that and we said the exact same 

1263
01:08:42,120 --> 01:08:44,640
thing I was going to say. 
It feels like a proud father at 

1264
01:08:44,640 --> 01:08:47,439
the moment. 
He makes me so proud to hear him

1265
01:08:47,439 --> 01:08:50,319
talk so smart about stuff. 
I just love him. 

1266
01:08:50,640 --> 01:08:54,680
I'm so proud of him. 
But no, he, he nailed it 100% 

1267
01:08:54,680 --> 01:08:57,399
because that's just it. 
I mean, I hear it every single 

1268
01:08:57,399 --> 01:08:58,760
day. 
I've heard it for over 20 years.

1269
01:08:58,760 --> 01:09:01,680
And I, I love to hear it because
it means that those people and 

1270
01:09:01,680 --> 01:09:05,479
I, and I've told so many people 
lately too, that finally joined 

1271
01:09:05,479 --> 01:09:08,720
because they'll tell me, they'll
reach out to me via e-mail or 

1272
01:09:08,720 --> 01:09:11,080
the phone call or whatever. 
And they tell me about their 

1273
01:09:11,080 --> 01:09:13,800
Disney history. 
And you know, Oh my God, we've 

1274
01:09:13,800 --> 01:09:17,200
been, you know, every year for 
the last 10 years, we go twice a

1275
01:09:17,200 --> 01:09:20,640
year for the last five years, we
go 3 * a year, blah, blah, blah.

1276
01:09:20,640 --> 01:09:24,640
And I'm like, you got to stop. 
Like you need this like oxygen, 

1277
01:09:25,000 --> 01:09:27,319
like this is like putting a 
tourniquet on. 

1278
01:09:27,319 --> 01:09:30,479
You've got to stop the bleeding 
just because you're going to 

1279
01:09:30,479 --> 01:09:33,439
keep going back. 
That if you know, getting 

1280
01:09:33,439 --> 01:09:38,520
started is the most important 
thing, it's never going to be 

1281
01:09:38,520 --> 01:09:40,640
perfect, right? 
You're never going to say, God, 

1282
01:09:40,640 --> 01:09:43,160
I'm waiting for this contract 
and it's going to have the exact

1283
01:09:43,160 --> 01:09:46,160
amount of points at the exact 
price I want and it's perfect. 

1284
01:09:46,359 --> 01:09:50,520
But meanwhile, while you're 
waiting for said Unicorn to show

1285
01:09:50,520 --> 01:09:54,400
up, you've done what? 
You've taken another trip to 

1286
01:09:54,400 --> 01:09:57,040
Disney. 
You've given Mickey thousands of

1287
01:09:57,040 --> 01:09:58,800
dollars renting another hotel 
room. 

1288
01:09:59,040 --> 01:10:02,760
Then you come back and you start
looking and you do it again, and

1289
01:10:02,760 --> 01:10:05,440
you do it again. 
And then you finally get 

1290
01:10:05,440 --> 01:10:07,400
started. 
And that's when you tell us, 

1291
01:10:07,680 --> 01:10:10,000
God, this was the best thing I 
ever did. 

1292
01:10:10,240 --> 01:10:14,480
But like Jeff says, you follow 
it up with, man, I wish I did it

1293
01:10:14,480 --> 01:10:19,000
sooner. 
So getting started, just do it. 

1294
01:10:19,000 --> 01:10:22,960
It's never perfect. 
You can always add on like 

1295
01:10:22,960 --> 01:10:26,640
thousands of people do. 
But before you take that other 

1296
01:10:26,640 --> 01:10:29,400
trip, and I love like some of my
favorite people are the people 

1297
01:10:29,400 --> 01:10:33,640
that that buy, but they have one
last trip that they've rented, 

1298
01:10:33,680 --> 01:10:34,920
right? 
So they're like, Derek, you 

1299
01:10:34,920 --> 01:10:37,760
know, we're buying this club. 
Does it make so much sense for 

1300
01:10:37,760 --> 01:10:39,600
us? 
But we've got one trip left. 

1301
01:10:39,600 --> 01:10:42,320
We're going in October. 
We're staying at, you know, the 

1302
01:10:42,320 --> 01:10:44,680
All Star. 
I love it because I tell him I'm

1303
01:10:44,680 --> 01:10:46,960
like, guys, that's gonna be one 
of the best trips you've ever 

1304
01:10:46,960 --> 01:10:50,880
had, not because of where you're
staying, but because, you know, 

1305
01:10:50,880 --> 01:10:54,920
the next one that you're taking 
is going to be as a Disney 

1306
01:10:54,920 --> 01:10:58,040
Vacation Club member, you know 
that this is the last time 

1307
01:10:58,240 --> 01:11:01,760
you're going to leave the Magic 
Kingdom and have to get on the 

1308
01:11:01,760 --> 01:11:05,040
bus back to the All Star or to 
Pop Century or whatever. 

1309
01:11:05,040 --> 01:11:08,160
Because you might be walking 
back to Bay Lake Tower. 

1310
01:11:08,160 --> 01:11:10,720
You might be taking a boat back 
to the Polynesian. 

1311
01:11:10,720 --> 01:11:15,160
So get started, You know, reach 
out to us with questions. 

1312
01:11:15,160 --> 01:11:18,320
And I always stress this too, is
that, you know, you could reach 

1313
01:11:18,320 --> 01:11:19,960
out to us. 
You know, you can always reach 

1314
01:11:19,960 --> 01:11:21,040
out to me. 
Feel free. 

1315
01:11:21,120 --> 01:11:23,880
People think still that you 
can't reach out to me directly 

1316
01:11:24,080 --> 01:11:26,720
and I just happened to talk to 
you or somehow and they're like,

1317
01:11:26,720 --> 01:11:28,000
Oh my God, I watch you all the 
time. 

1318
01:11:28,000 --> 01:11:30,400
I'm like, you could have called 
me, you could have emailed me. 

1319
01:11:31,520 --> 01:11:35,480
But questions, just because you 
reach out to us, it doesn't mean

1320
01:11:35,480 --> 01:11:39,040
you have to wait to reach out to
any of us when you're quote UN 

1321
01:11:39,040 --> 01:11:41,280
quote ready to buy. 
That's not what this is. 

1322
01:11:41,280 --> 01:11:44,440
If you've got one question, if 
you've got 1000 questions, use 

1323
01:11:44,440 --> 01:11:47,440
this time to reach out to us and
get your questions answered. 

1324
01:11:47,600 --> 01:11:48,960
That's it. 
That's what we're here for. 

1325
01:11:49,120 --> 01:11:51,720
I really need to start making a 
tally of like the number of 

1326
01:11:51,720 --> 01:11:53,600
times Amy's on a phone call 
every week. 

1327
01:11:53,600 --> 01:11:57,280
And it's just like, are you, are
you Amy Krieger from the DBC 

1328
01:11:57,280 --> 01:11:58,320
show, DBC fan. 
It's. 

1329
01:11:58,760 --> 01:12:04,320
So. 
True, we are all real people and

1330
01:12:04,320 --> 01:12:06,520
that seems to be the general 
take away when most people 

1331
01:12:06,520 --> 01:12:09,360
either meet us or talk to us on 
a phone or, or any of those 

1332
01:12:09,360 --> 01:12:11,920
things. 
I'll, I'll bring us home and, 

1333
01:12:11,920 --> 01:12:15,800
and just kind of say, you know 
what you call him Sweaty Stewart

1334
01:12:15,840 --> 01:12:18,240
or whatever. 
It was John Smith. 

1335
01:12:19,200 --> 01:12:20,680
Sweaty John. 
Sweaty Stewart. 

1336
01:12:20,680 --> 01:12:23,960
I like sweaty Stewart if you're.
Sweaty John Smith over those 

1337
01:12:24,360 --> 01:12:27,080
those new rental rules that came
out then yeah, you should 

1338
01:12:27,080 --> 01:12:30,400
probably be be considering your 
options here moving forward, 

1339
01:12:30,640 --> 01:12:33,880
maybe contacting Derek or the 
DVC resale market to sell off 

1340
01:12:33,880 --> 01:12:36,920
some of those contracts because 
it sounds like DVC might be 

1341
01:12:36,920 --> 01:12:39,920
coming for you. 
We'll report back if we hear of 

1342
01:12:39,920 --> 01:12:44,200
any, you know, enforcement of, 
of the commercial rules. 

1343
01:12:44,560 --> 01:12:49,840
But you know, for now, you, you 
should know, are you using your 

1344
01:12:49,840 --> 01:12:51,800
membership appropriately? 
Yes or no? 

1345
01:12:51,800 --> 01:12:55,280
It's a pretty easy answer. 
Are you renting occasionally yes

1346
01:12:55,280 --> 01:12:57,480
or no? 
It's a pretty easier, pretty 

1347
01:12:57,480 --> 01:13:02,280
easy answer as to whether or not
you know that you passed the 

1348
01:13:02,280 --> 01:13:05,680
sniff test in, in what DV CS 
trying to do with all of these 

1349
01:13:05,680 --> 01:13:08,320
rules. 
And, you know, I, I think we're,

1350
01:13:08,320 --> 01:13:13,000
we're better, you know, as, as a
membership and as a Disney 

1351
01:13:13,000 --> 01:13:15,120
Vacation Club as a result of 
these changes. 

1352
01:13:15,560 --> 01:13:18,520
And you better believe that 
we'll be here week after week 

1353
01:13:18,520 --> 01:13:21,360
reporting back and letting you 
know how they go and how they 

1354
01:13:21,360 --> 01:13:24,160
affect membership. 
And you know kind of the things 

1355
01:13:24,160 --> 01:13:27,160
that that we're seeing in the 
community that that you guys are

1356
01:13:27,160 --> 01:13:30,080
talking about. 
And talking about it on our new 

1357
01:13:30,080 --> 01:13:33,120
DVC fan forums. 
Yes, we are. 

1358
01:13:33,160 --> 01:13:35,360
Yes, we are. 
Yeah. 

1359
01:13:35,360 --> 01:13:36,920
I can't wait for that. 
That's going to be super 

1360
01:13:36,920 --> 01:13:39,160
exciting. 
So maybe it might even catch 

1361
01:13:39,160 --> 01:13:41,600
Derek over there chatting in the
forums. 

1362
01:13:41,680 --> 01:13:46,520
And then you'll be like, is this
really D Daddy 78649? 

1363
01:13:46,800 --> 01:13:50,000
There sure, that's this handle 
put. 

1364
01:13:50,600 --> 01:13:52,600
Gas in his computer first. 
Before he can. 

1365
01:13:55,240 --> 01:13:58,840
That's going to do it for this 
week's episode of the DVC Show. 

1366
01:13:58,840 --> 01:14:02,240
We're going to all go see how 
these people are doing on their 

1367
01:14:02,240 --> 01:14:05,760
way to the moon and back and we 
hope you enjoyed it and we will 

1368
01:14:05,760 --> 01:14:07,480
see you. 
Next Monday. 

1369
01:14:08,680 --> 01:14:11,280
Have a great week everybody. 
Bye dude. 

1370
01:14:14,720 --> 01:14:17,800
He's still trying to make I do 
the thing later, dude.