So Jeff, Derek, this is for you guys as much as the audience.
If we feel a little distracted, that's because I have a, I have
a video here and video down here playing right now because
apparently there's a giant rocket that's supposed to launch
in 10 minutes. Down here in Florida, Artemis 2
is taking off with people headed to the moon.
So if we just run away all of a sudden or scream and leave then.
Yeah. Yeah, you'll know.
It's because we went to check out and see a rocket launch,
which is super cool. Yeah, but you won't really
notice because we'll just be gone and back and.
Oh yeah, we'll edit it out like like, maybe we'll just say like.
Leave our empty chairs the whole time.
The chair's empty. Never come back.
It'll be an hour of just empty chairs.
But let me let me just say, if you have any interest in space
and you're coming to, you know, down to Disney anyway, one,
consider checking out the Kennedy Space Center over on the
Space Coast. And two, there are rocket
launches all the time anymore. My mom was here what a few weeks
ago and she got the C1 and I thought was there a second one
that was happening or we had just missed it?
Yeah, it's. Through that week.
It's super cool because it's also crazy how you acclimate to
it after a while because, you know, SpaceX and Starlink is
launching so many rockets a week right now that like for us, it's
just like, Oh yeah, another rocket launched.
But but like Amy's mom was out there.
Oh, look at it. Look at it go Oh my God that is
so cool. It is cool.
And when we remember to go look, especially tonight, like to see
Artemis. That's historic.
Yeah. But you know, you can probably
see them if you pay attention to the schedule.
Look at SpaceX schedule, NASA schedule.
And you you can see them from Disney, you know, as well.
We've seen them from Beach Club before.
And yeah, so we we just go right out our back that our back door
can see it from our backyard, which is really neat.
It's t -, 10 minutes and counting.
We got to wrap up this show, folks.
We got to go, everybody.
And welcome to this week's episode of The DVC Show.
I am your host Paul Krieger, joined as always by my lovely
wife Amy Krieger. Hello.
Sales Executive for the DVC Resale market, Derek Tabor.
Hey now everybody, happy Monday. The honorable Oh, you made it
back too fast. He literally left his seat like
he was gone like, and he, he made it back.
The Honorable Jeff Haslam. Hey dudes.
No, no. Yeah, no, I didn't tell him no.
I'd love it. Hey dudes.
It reminds me of Clark Griswold before he goes down.
Hey now we got Hey dudes, what does that make us?
I know it reminds you have Griswold on Lampoon's Christmas
vacation when he like later, dude, when he lubes up that
Yeah, the Oh my gosh, the sled I'm.
Just. Hey dude, the Tennessee to
sponsor us. That's really that's my new
catch. Oh, he does like this.
There's. Algorithm.
Oh, you weren't lying. It really is.
They are counting down, right? Yes.
Are you sure the countdown's gone?
No. The countdown's down here, 8
minutes and 9 seconds. So within about 3 minutes we'll
we'll all take a little pause, but you guys won't notice.
We'll edit it out, be back in in a flash and tell you, wow, that
was super cool. But yeah, hang on to your butts
folks, because this is going to be a wild roller coaster of a
ride. We are here this week talking
Spring 2026 DVC market updates, and boy has there been a lot
going on in the DVC space. From things that happened the
first of the year with the $500 resale admin fee to things that
literally just happened yesterday with DVC releasing
some new commercial use policy updates that relate back to the
changes that they implemented in June of last year and how those
affect commercial renters. And people out there that really
just aren't aren't treating Disney Vacation Club the way it
should be treated for vacations. But we're going to dive into all
of that and more on this week's episode.
This and everything as always is brought to you by Key Holder
Vacations and the world of DVC DVC resale market where you can
buy or sell a Disney Vacation Club contract.
Monera Financial who can assist you in financing that DVC resale
contract purchase the DVC rental store where you can try before
you buy, rent some points or if you've got some extra points
this year, you can rent those out for cash.
And a big one that we really want to highlight this this week
is unlocked magic. So you know, I, I was telling
these guys before we started filming this show, but actually
you, our DVC fan community is who really has made Unlocked
Magic what it is and what it's so special.
Unlocked Magic is a ticket provider for Walt Disney World
Disneyland Universal Park tickets and trust me when I tell
you, you guys buy them the most Unlock magic.com/DVC fan.
You guys are going there. You guys are realizing that yes,
we offer some great deals on Disney Park tickets.
And so as part of a thank you to that owing Magic is launching
what they're calling their Golden Golden Ticket program,
which is essentially giving back to this amazing community and
all of the people that have made that company so successful over
the course of, of the past year or so.
I, it's been like a year, I feel like since unlocked Magic really
kind of launched as that, as kind of that, that ticketing
platform. So over the course of the next
month from this show going up, if you head to
unlockedmagic.com/DVC fan and place a ticketing order, 1 lucky
winner is going to be, you know, Willy Wonka is going to give the
golden ticket out and you are going to get your ticket order
completely refunded. Yes. $0.00 and zero cents you're
going to get. Yes, so they're choosing a
member of the DVC fan community. So you want to be sure that when
you go to unlock Magic, you go to unlockmagic.com/DVC Fan Total
so that you are a member of the DVC community per making your
purchase. Yeah, so super thankful for all
of you that have chosen to support Unlock Magic so far with
your ticket purchases. It is the best and cheapest
place to get tickets. Jeff has single handedly kept
them in business, I think with family tickets and stuff that
have been sold. But yeah, over the course of the
next month, you know, maybe you'll receive a video call from
Derek dressed as Willy Wonka telling you that, you know, you
you got the golden ticket. And now that I've said it out
loud, it's really going to happen.
I'm going to be on Amazon later tonight trying to find AI feel.
Like they should have to ride living with the land because
that boat looks so much like. Oh my goodness.
Wonka like have Derek at the top singing.
I can't remember the theme song. In your imagination, I don't.
I don't know it that well, but. Remember, remember, the purpose
of this is we want people to buy tickets.
So just remember that. I love how, you know, I was I
was talking to them earlier today and they were like, hey,
you could say it like this, you could say it like that and I'm
like, no, I'm just going to play it.
However it plays out. You know what, this road itself
better than I could have ever imagined.
Hey, Speaking of really cool things on the horizon, I did
want to bring up really quickly that coming up in just one short
week. So on Monday, April 13th, we are
launching something on DVC Fan that really has been something
that Amy and I have talked about for the better part of the past
two 3-4 years and that is DVC Fan forums.
We wanted to provide an opportunity and a place for this
amazing Disney Vacation Club community to get together to
communicate and have those interactions a little bit off of
the traditional social media. We know that there's some people
that don't like social media. We understand that there's
people that like forums. We understand that there's
people that like Reddit for some reason.
I've really gotten into Reddit recently and I'm in there, you
know, dungeon crawler, Carl community, all kinds of stuff.
It's a book, in case you were wondering.
It's a great book. It is a great.
Book. But anyhow, we've been
diligently working behind the scenes and we are really excited
to unveil our DVC fan forums. Couple quick takeaways, These
forums are going to be ad free, which I know is a big thing out
there in this space, and it's going to be a growing community
where we listen to you and your feedback and really make this
into exactly what you want it to be.
Super thankful for this, you know, amazing community for, you
know, just investing in US and wanting more of us and here you
go. I hope you like it.
We're going to go live probably that Monday, April 13th and
share everything about it with you, take you on a live tutorial
and everything like that. But just wanted to share it here
first, give you a little quick glimpse of what maybe they might
look like. But a lot of work going on
behind the scenes. Thanks to everyone in Key Holder
Vacations and in our GVC fan space that has really been
working to make this a reality. Derek, I'll go to you in a
question. In a couple minutes we're going
to disappear because in 2 minutes a rocket's going to
launch. Hey, we got people headed to the
moon. That was super cool.
We literally all just like jumped up out of our chairs real
quick and then went and watched a little bit cloudy here today,
but you know, hopefully we can put in a couple cool pictures or
videos. We know Jeff and DVC day in.
They're out there at Titusville. They drove out for the launch
today. So did they.
I wanted. They wanted to.
I knew I didn't know that. Yeah, maybe they'll have a cool
video that we I'm. Glad that it worked out and it
launched so they could see it. Yeah, yeah.
So, you know, godspeed to them. They're headed for a week long
trip around around the moon and back and then hopefully within
another year or so we'll actually be sending some people
back to the moon. That's pretty cool.
Not to over shadow those other announcements again.
Unluck magic.com/DVC fan, Buy your tickets and you know 1
lucky person is going to get that golden ticket and that
creepy call from Derek maybe letting them know that their
entire ticket order is being refunded.
And then you know. Stay updated on dvcfan.com and
in the DVC Fan Facebook group for the launch of DVC Fan
Forums. I personally am so excited about
this because it's been just something that has has been a
passion of mine and it's pretty cool to kind of see at launch
and I love how it looks. So shout out to Ben, who's been
doing a lot of work behind the scenes.
Derek, that'll take a computer for you to get on.
Do you have one of? Them no.
So this was my question before I was rudely interrupted by a
rocket launch was my question to you Paul was how would you
describe these forums like let's just say that someone's maybe
only familiar with the great DVC fan group on Facebook.
What would you say to them to be like well why should I go on a
forum or what's the difference of it?
Are you able to? Yeah, I think, I think the
biggest thing with a forum that can really, you know,
differentiate itself from traditional social media is
we're not only able to categorize and, and, and put a
conversation in a certain place, but you're able to find it
again, you know, in in Facebook groups, there's really not any
great way to search a group for certain information.
And so that's one of the really cool things.
I'm not going to spoil all the bells and whistles just yet, but
we're doing some really cool stuff with search to make you
you able to find conversations that you're interested in or
certain topics that you're interested in.
We're going to stay very high level focused on Disney Vacation
Club right now. For those data nerds out there,
those people that love to get in the weeds with numbers and
crunch the numbers and all of that kind of stuff.
This is a place where you can connect with other people like
minded in that in that same manner.
And then we'll see where this goes, you know, do we expand it
into other types of conversations related to travel?
The Sky's the limit, really. And I think our one of our
moderators over in the Facebook group, Carrie Crevel, she put it
really well today. She, she really enjoys, you
know, the forum type format and she said it just really lends
itself to being able to have a longer, more ongoing
conversation. So and, and those, and there's,
there's a lot of, you know, there's, there's a lot of unique
things that we have information for that we can share now more
often even, you know, with, with that kind of format, you know,
for example, Roefer, like, like I told Paul this idea that I was
like, you know, I would love to like update our community more
often and in one of these forms on like, OK, here's what just
got Roeford today. You know, it was this resort,
this many points, this price per point, just having that
information at your fingertips, you know, more often and knowing
where to find it so easily. Yeah, more information coming
soon. Stay stay posted on on
dvcfan.com and in the Facebook group.
And again, we'll probably do a little live stream just kind of
walking you through once we get those up and running.
But I'm super excited we came to you to discuss some news.
Actually, when I sent this, this topic over to Jeff and Derek
originally, I just said, hey, let's do kind of a spring 2026
market update because, you know, there's been some things
happening both in the, you know, buying and selling resale direct
world, all of that kind of stuff.
And then literally I could just like throw this out the door
because Amy and I, we were suiting up to go.
We, we do like a 5K run two or three times a week.
We are suiting up after work to go for this run.
And I think I sat at my computer with my headband on ready to run
for the better part of 3 1/2 hours after the, the, the news
that we're going to discuss first today dropped, which is
that DVC has now defined commercial use and has
instituted some new policies that kind of talk about
enforcement and limits when it comes to what it considers
commercial point running. And I think that's the, that's
this all stems back to June 1st of last year when we saw kind of
that, you know, is this reservation for personal use
check box brought onto every single reservation and member
services started asking everyone that question.
And it was like, what is personal use?
Like no one really knew what the definition was and where that
line and it was drawn. And here we are almost you know
what? Oh gosh.
Well, that was in July because we were we were going to Epic
Universe and you. June 1st Oh it.
Was June OK? It was June.
OK. So yeah, now we're almost, we're
almost a year. I mean, we're a couple months
from June again. Almost a year removed and I
think honestly this community is, is part of why we have what
we have today, which are kind of some more defined parameters put
around commercial use. So on March 31st, 2026, Disney
Vacation Club formally adopted a new commercial use policy across
all resorts and associations. This replaces a policy that was
in place effective 2011 that kind of outlined commercial use
and point rental use. And the core of this was a
statement that they actually put on the DVC website and I quote,
it says a Disney Vacation Club membership is intended for
personal use and enjoyment only. Governing documents prohibit
members from using membership for commercial purposes.
Members are not permitted to engage in the practice of
regularly or frequently selling or renting reservations booked
using their membership. What this policy really does is
starts to go into deeper understandings of where those
type of limits lie. So the key triggers that they
actually highlighted were things such as making more than 20
reservations within a 12 month period, a majority of
reservations or points used by individuals other than the
member or associates, booking overlapping reservations across
different resorts or rooms types.
Again, they really kind of dig into commercial as kind of.
Yeah, what that definition basically and I, I just, I like
the way you would put it in the article.
They basically gave us specific examples that were measurable
patterns. So we actually understood, OK,
this means commercial reading, you know more than 20
reservations within a 12 month period that you're booking for
somebody else and the you know the majority of your points
being used for somebody else and and those parameters.
So instead of it being so open-ended and vague, now we
have more clear definitions. Yep, and I think that's to to
the, you know, exactly what every single member wanted is
knowing that yes, we have defined characteristics and
based off of the language that that Disney Vacation Club has
put out there, you know, there are actionable steps that they
plan to take if they do believe that someone is not using their
points in this manner. Those things include cancelling
future reservations, restricting access to online booking,
limiting reservations, you know, restricting bookings to a home
resort, preventing modifications, restricting
banking and borrowing. I love this one.
Suspending incidental membership benefits, goodbye blue card,
removing or restricting associate access, limiting check
in options such as online or mobile check in.
There's just a series of things that they outlined as potential
enforcement of this moving forward.
And the other thing that Disney Vacation Club did is they put
out a great frequently asked questions.
I just, I want to just stop for a moment and say thank you,
Disney Vacation Club, because more often than not, I feel like
we're on this show and we're saying you didn't give us the
information or you didn't give us all the information or you're
making us read between the lines.
They didn't do that with this announcement.
This was a huge update across the website, including a
frequently asked questions section that answered points
like can a member rent out their points?
And the answer is yes, renting is still allowed on an
occasional basis. Again, commercial renting or
commercial activity of of renting your points is
prohibited. Is there a difference between a
broker and a rental? Yes.
Brokers operate marketplaces that basically connect members
and guests. That's what the DVC rental store
does. They operate that sort of
marketplace. A violating renter is a member
who is personally engaging in commercial activity.
Can members use third party rental websites like the DVC
rental store? Yes, DVC confirms that you can
use third party websites. So again, like all of these
things were put in very black and white terms.
We did an article over on dvcfan.com.
I really encourage you and we'll link it down below for you to go
read it just fully kind of, you know, get all of the details of
that topic. I've been talking for a bit,
Jeff, Derek, I just want to throw it to you all kind of
first thoughts on, you know, this policy change, what it
means for Disney Vacation Club members.
Yeah, so I'll, I'll go first. First of all, Paul, no need to
thank me because I knew you were going on a run that day and I'm
just like my friend's an exercise.
I just don't think that's a good idea.
No, I'm kidding. I, I think this is something
that anybody that's using their membership responsibly within
what we consider, you know, good etiquette, good rules.
I don't think any of us are, are upset about this.
I think if anything else, the clarity, you know, the
transparency, Disney did this for a reason.
They, it was way too much of A Gray area.
I think I said in, in our, in our show chat that they may,
they did this so they have a way to action upon it.
They took the Gray out of it and they said, all right, these are
the steps and this is what's gonna happen if you do it.
Cuz otherwise it was really hard to enforce cuz they just never
really told us what the rules were.
I really think it's a win for most members.
Now, those of you out there that think that this is going to
suddenly make the first week of December accessible to you,
you're going to be sorely disappointed.
Very. Disappointed.
This was this was not the core issue of of that.
It's that just happens to be a cheap week and it's really hard
to get into. But overall, I think this is a a
really good move on Disney's part.
And I really think that, you know, it's, it's just a way for
them to have a little bit of ammunition if they need to use
it. Yeah, yeah.
And I wanna dig in further to your point about yes, what is
and is not gonna change as a result of this, but I wanna kick
it over to Derek 1st and get his thoughts.
No, I mean, I think Jeff summed it up perfectly.
And it's funny cuz I was going through my text thread that I
had with Jeff when we got that text from you.
I think it was, you know, just the other day, maybe it was even
yesterday. That was like, oh, we may have
to do a live show. And I write back Jeff, I'm like,
what is what's going on? What is Paul talking about?
And Jeff kind of broke it out and he sent me something blah,
blah, blah. And I go to the website and I
look at it and my response to Jeff, because we know that you
were losing your mind. That was so I'm reading their
FAQ. Disney Vacation Club website had
just like you talked about and for the first time, to me it at
least seems like they're answering questions like can I
rent my points out through a broker?
And they're like, yeah, just don't do it a lot and too much
is described as blah blah blah. So to me it's a win because
Disney is not the best at communication per SE.
So a lot of times news just hits and there's no explanation or
reason behind it. Like when they did it the first
time back in the summer, it left everyone going, uh oh, what does
that mean? Like, like, is my grandma going
to go to prison if she uses my vacation pub points?
Like, I'm freaked out because they didn't put any rationale
behind it. So for this, I haven't talked to
one person that read it and said, oh, OK, yeah, you know
what? 20 reservations for other people
once a year seems like you could probably prohibit that.
There's nothing in there that makes anybody panic.
And again, just like Jeff said, for 99.9% of the average
members, this is just clarity and it's not going to affect
you. My God, I would love to have
enough points to make 20 reservations for myself, let
alone other people. But for this, I applaud Disney
because it's clarity and it's on their website with an actual
frequently asked questions page, so I applaud it.
Yeah. Well, and two really quick
before I, I turn it back over to Paul, is this the the rental
thing is always just such a mystery to people and, and
rental brokers, especially like DVC rental store.
I think they just think that you guys are just sitting on 10s of
thousands of points. Then they're just divvying them
out to people, which is so not the case.
There's this is a real estate transaction.
This isn't not like staying in a hotel room.
Time shares are governed by the board of Realtors of, you know,
the the division of real estate at the state level.
Every sales agent has to be licensed.
You know, this is a real estate transaction.
Yes, it's a rental, but in Florida you have to have a
viable rental agreement in order to rent a property.
And so this is just a broker is a way to connect the people.
When we moved down here, we had to rent a house for a year.
We didn't do it by ourself because we wanted to make sure
we were protected. So we had an agent.
This is the same principle. It's I have points to rent.
I don't want to put them on Facebook marketplace because I
don't want to get hosed and I want to rent some points and I
don't want to go on Facebook marketplace because I don't want
to get hosed. They call Paul.
Paul is the non hoser and he gets it all done.
There's a. There's a new tagline that.
Might be my favorite thing that you've ever said.
So funny. Get hosed.
Paul's a non hoser for full transparency and clarity in case
any of you are watching this or listening to this and didn't
know this already. I am one apparently a non hoser
and two, the president of DVC rental store.
So, you know, obviously, yes, I have a dog in the fight here,
but you know, it's LinkedIn, the DVC fan article that we wrote
here. We did put out, you know, a, a,
A blog article over on DVC rental store.
And at the end of the day, what we really kind of looked at with
this policy update is it really affirmed our stance on renting
as it's been through the history of this company, which has been
that we want to provide a good marketplace scenario in which
members that, you know, occasionally are looking to rent
out their points. A dog died and you needed the
extra cash or you know, something happened and you're
left with these extra points, you know, offsetting the annual
dues, financial hardship, you name it, you're in those
scenarios. It may be once, it may be
multiple times, but we want to provide an outlet for you to
harness the value of that membership that you have paid
for. And we want you to do it
responsibly. We want you to do it, you know,
within the rules that Disney Vacation Club outlines, which is
why we are always very transparent as to what those
rules are. I will say that ever since June
of last year, we have had guardrails and guidelines in
place behind the scenes monitoring member activity that
are far more aggressive than the terms and conditions set forth
in these documents that Disney Vacation Club filed just
yesterday. We want to protect our guests,
but we also want to protect our members and not get them in a
situation where potentially they receive a phone call from DVC or
a letter in the mail saying that they're being considered as a
commercial renter. And equally, on the guest side
of that situation, we want to provide the assurance that you
as a guest, to quote Jeff Haslam, don't get hosed Because,
you know, if you rent in some of these places, you know, a
private Facebook group or stuff, something like that, there's
very little recourse that you're going to have to protect your
vacation. If for some reason, let's say
that Disney does its harshest penalty and cancels the
reservation that you're staying on, you've already paid that
member so much money and you're unprotected, you have no
recourse here. You know, as part of what we do,
we want to make it a safe environment for you.
We want you to feel like that Disney vacation is is protected.
This is a memory that's going to last a lifetime for you.
You know, you'll hear stories of that by Marcy on next week's
show where she tells you about staying in a castle suite.
Like these, like these are the memories that matter.
And we want to protect those things and provide an
environment to do it safely. So, Jeff, I mean, you quoted me,
you know, exactly the way I viewed it too, which is that
this is great. This is great for Disney
Vacation Club members. It it is exactly, I think what
we needed in this space. Now, ultimately, it's a question
of waiting to see where does this enforcement lie and how do
power people, you know, notified.
We've said this, I think last June when, when everything
happened, you know, the, the real goal here is, you know,
going after those people that chronically are posting, whether
it's on Facebook or a different marketplace or you name it,
countless, you know, premium confirmed reservations for ideal
times, Christmas week, first week of December, the Animal
Kingdom studios at Jambo House, the value studios, those really
hard to get desirable reservations and then posting
them for premium prices and charging premium prices and
buying have having bought points initially, not with the intent
of I want to take my family to Disney or not.
You know, you know, you and your significant other say, Hey, this
might be a cheaper way for us to go to Disney multiple times a
year, like it was when Amy and I purchased and the way we still
use our membership to this day. But people truly purchasing
points in a commercial manner and going, we can make a lot of
money by doing this. We should just keep buying
points and keep renting these ideal stays on the Facebooks.
You know, ultimately I believe that that's really where Disney
Vacation Club is looking for a lot of these changes.
Yeah, you're looking at me to say something.
I I've been stuck on when Jeff said if you expect this to make,
make it, you know, open up to send the first week of December
for you. That's the wrong way of
thinking. And I don't know, it's just
funny to me because there are a lot of people that that want to,
you know, they get frustrated and say, well, this is the
reason. The same thing with, you know,
walking is the reason. Whatever.
If you're wondering what that means, just go on bbcfan.com.
Look up the word. There's lots of articles out
there. But we're going to be sitting
here at the 11 month window for ideal weeks with people still
asking questions as to why they got locked out of that today.
And that is inevitable, right? And to a degree, just kind of
have to ask like what? What are we gonna blame next
for? Yeah, for that because.
I can tell you what the problem is.
I was doing some math and I was, we've talked about this before,
but you know, you take, it's the amount of points that's being
sold versus what people want to want to book.
So, you know, Copper Creek is, is a huge example.
So I was just looking at Copper Creek, dogs are barking.
I was looking at Copper Creek and I was just thinking about
the day that this show goes up. And this is slightly off topic,
but kind of goes into the like, This is why things are still
going to be similar after this. So on April 6th, Monday, studios
are 18 points at night and cabins are 124 points at night.
So just that one single night, there's 36 studios.
So just that one single night, studios have put 648 points into
what's been for sale and cabins have put 3224 points into what's
been for sale. And so those people who buy all
those points, most of them want to be in the studios, you know
what I mean? So you take that, you know,
almost 4 / 4000 points that night and most of those people
want to stay in a studio. And that's where all of our, you
know, that's kind of where a lot of booking issues come from, if
that made any sense that. 100% no, that that was a perfect
example because yeah, yeah, it's just like 10 people trying to
book one room to dumb it down a little bit, you know what I
mean? Like.
Yeah, and that's one night. Now multiply that times every
single night. All you know what I mean, so.
And this is where some of the concern comes in too, with, you
know, some of, you know, the resale restrictions that we're
now seeing related to Riviera and everything.
You get Riviera to a point where it is fully sold out, and then
you get Riviera to a point where a lot of people can only book
Riviera. You're going to have this
problem compounded because you know, there's not just Tower
Studios in the Riviera Resort, so not everyone can book the
Tower Studios. Tower Studios.
You know there's. There's thousands, thousands of
members there's. An equal number of three bedroom
grand villas in the in the resort also, and not everyone's
going to be wanting to book those.
So you're going to have the same people competing for the same
very popular times and the same very popular rooms.
And will, will there be a little bit less stress on the system?
Maybe, but not enough for I think that that, you know, the
broader DVC community to really notice and that, you know, I, I
don't have an answer for. That no, the things that have
alleviated the stress on the system has been things like what
DVC did with Grand Floridian opening Big Pine Key, all
studios. All of a sudden that did make it
much more attainable for people to get into Grand Floridian and
stay in a studio. So those are the sorts of things
that fix those booking issues. It's not going to be, you know,
cracking down on all this stuff. Not that this isn't a good a
good thing, but. I have a follow up question
that's adjacent to this. How far along are the cabins at
Fort Wilderness? They're not fully declared yet,
right? Have they built them all?
Where are we not even? Do you know?
They're fully built. They're not even remotely, you
know, we might be at like, you know, 60 of 350 or something
like that. Very small number.
It's a. It's a perfect example.
I can't get in like that. I I've tried and tried and tried
because we like to take our dogs.
I know Jeff and Dan were trying to get in the other day.
I just saw someone else posting they they were trying to get in
too. Yeah, it's mind blowing that the
one that we made fun of the most is the hardest to get into right
now. It's because there's not enough.
There's not enough owners right now so.
And truly at the end of the day, if it's more lucrative for
Disney Vacation Club to keep the other 300 cabins as cash
forever, they could do, you know, they could say that we've
sold as much as we want and we're going to retain the points
for the rest. Obviously they would be
responsible for the dues and the maintenance fees and everything
like that. But additionally, I think
there's also, you know, tax savings benefits associated with
the resort having been converted to DVC, you know, for Disney.
And so the the question remains is where is that threshold for
them? And that's why I don't think
that they are super caring that it's not selling.
Like we sit here and say it's not selling the way you would
expect the Disney Vacation Club resort to, to sell.
But you know, it's hard for members to get in.
But cash days, yeah, you can book a cash day and you know,
spend 3400 dollars, $500 a night on on a cabin or whatever,
whatever the ongoing rate is. General, you know, community
vibe coming out of these changes shares the sentiments that we've
all kind of said. Everyone seems to think that
this is a very positive, you know, move on Disney vacation
clubs part. It's exactly what we've been
asking for those specifics and those defined characteristics.
So again, I just want to say to those Disney Vacation Club, you
know, people that might listen to this show, Thank you, thank
you. This was great communication.
This was a great way to put out this information.
More of it, please. Everything forever, always this
way. That'll be great.
And if you're sitting here wondering, you know, great
grandma rented her points this year and I'm really scared that
she's going to be dinged for commercial renting.
Like I, I tried to kind of go very black and white here in the
article at one point, you know, for most members who
occasionally rent out on use points or use their membership
for their personal vacations, who rent infrequently, maybe to
offset annual dues or an expense.
Like I said before, nothing's going to change.
You're not on Disney Vacation Club's radar.
You know, promise me when I tell you that like that.
That is just not the concern and not the intent of these rules.
But if you're someone that woke up in a deep sweat in the middle
of the night on April 1st after all of this kind of stuff
started because you post hundreds upon hundreds of
reservations a year in Facebook groups or in other places.
Or if you have a large portfolio of points and you haven't stayed
on them once in the past 10 years of owning them.
Or if you if you own all of these points and they're they're
packaged in into an LLC because it's tax savings and you really
just love making money from this DVC product.
Yeah, I'd be concerned. I'd be real concerned.
You might get you might get kicked out of the member lounge,
so. Just you're going to lose those
blue card, blue card benefits at the end of the day.
So I think the people that should be be worried at the end
of the day, you know, you know, know who they are, maybe they've
been contacted by DVC already. We really don't know if any of
the enforcement has, has already started, but you know, it'll,
it'll remain to be seen. I I I was a little surprised
there was some chatter in a lot of places about concerns about
the overlapping reservation aspect of things, because a lot
of people do use their membership.
We actually have an overlapping reservation.
On with Saturday with family and friends yeah.
And so, you know, people that maybe, let's say that, you know,
Jeff, you want to have your entire family down and you book,
you know, two or three, one bedrooms, your name's not going
to be on every single one of those reservations.
You know, maybe it's your cousins, your aunts, your uncles
that falls into that overlapping, you know,
reservation thing. And again, I, I think people are
reading too much into this. You're, you're taking this to
this extreme that this was not meant for and is not going to be
the case. Jeff taking his family on three
overlapping reservations to Walt Disney World is not the intent
here. It's the people that booked a
Friday to Sunday and then a Saturday to Monday and then a
Sunday to Tuesday and just kept doing these two or three night
reservations and booking those out.
Like that's that's the point of that.
Yeah, and and it's too, Paul. It's Disney looking at it saying
in the most simplistic of terms, hey, here's John Smith.
He owns 2000 points. John Smith has never made a
reservation for John Smith in the last 10 years.
Gee, we should probably take a look into that.
That's what they're looking at. They don't care about Jeff Hass,
you know, making multiple reservations.
They're literally looking at those situations like that.
Like you said, Paul, if you woke up and you're kind of worried
about it, then you might have to think about it.
But don't don't, don't overthink it.
Don't get second thoughts and don't get scared like Oh my God
I just wanted to send my my child's friend from school and
their family on a trip because I can't use my blah blah blah
blah. Am I going to be OK with that?
You're fine. You're fine.
You look to me, but I they said it all.
Said it all. They said it all, folks.
That's a very whimsical. Thing you just said.
Moving on in our conversation tonight and kind of the
direction that I originally wanted to kind of take this show
before DVC had other plans for our for our conversation today
was kind of just looking at the broader, you know, market of
Disney Vacation Club and resale and, you know, direct pricing
and all of that kind of stuff to kind of see like where things
are sitting here after what has been, I can't believe I'm saying
it like the first quarter of 2026 has come and gone and, you
know, here we are. But but yeah, it's been calm.
And I say that in multiple manners because the nights that
I had like the other night where I'm writing blogs like crazy
have been at a minimum. There hasn't been a whole lot of
breaking news or anything like that.
But I think like just the market in general has just kind of been
like, I don't know what to do. Stagnant.
Yeah. So and, and I've noticed this
too because I, you know, I look at the a couple of markers when
it comes to price and make recommendations to Monera on on
how we lend. And so I've noticed the last
several months that we haven't seen a whole lot of, you know,
some, we've seen some prices kind of crawl up a little bit.
I think maybe Derek can, can talk more on that.
But overall there has been any like huge shifts or anything
like that. I made sure before tonight's
episode went up that I I crunch the numbers.
I do write the average sale price blog every month on DVC
resale market. So dvcresalemarket.com check out
the average sales price blog for March 2026.
And you know you kind of said it, I kind of said flat and
stable across the board. You know, basically the market
is currently in a wait and see phase.
Prices has remained steady. We are seeing a little bit of
signs of inventory starting to tick up, which has been that
thing that we've tracked over the course of the past few
months that has been abnormally low.
I think inventory as of as of doing this show is actually the
highest it's been since about August of last year.
So that's a that's a huge jump. But Derek, talk us, talk us
through a little bit of what you're seeing in the market at
this point and what what buyers and and sellers should be aware
of. And inventory.
Just wait till we get sweaty John Smith calling me to sell
his 2000. Points sweaty John Smith.
Because he woke up in the middle of the night.
Because he. Woke up in the middle of the
night, got to get rid of him. No, Paul, you nailed it
perfectly as you always do with your blog in this average
selling price. And just to use the word steady
is what I like to say. It's steady.
We've had times to where we've had these conversations where
we've talked about like, Oh my God, do you believe over the
last six months that, you know, Bay Lake Tower went up $20 a
point, Grand Californian went up $60.00 a point or Saratoga went
up $25 per point? This has just been steady and
it's steady for in terms of sales, you know we're always
doing, you know, at least you know, between 1:00 to $2,000,000
in DVC sales every single seven days.
Like you said, if you're a seller, it is a great time to
get it listed just because inventory is it's still low.
I mean we're over I think maybe 300, I'll have to check.
But I mean for a while we were in like the two hundreds where
we're normally at that time of year and like the 500 plus
listing. So we're selling, calling or
not, we need more listings. So again, if you're looking to
sell, reach out to us, get it sold.
But I think from a buyer perspective, and I think we're
going to have a conversation on this too, about that, you know,
$500 and has that made a difference, that $500 new
transfer fee with Disney? We can talk about it separately.
But yeah, I think overall for a buyer, especially for certain
resorts, and I kind of sound like a broken record, but I feel
like I've said the word Saratoga, Saratoga, Saratoga so
much to folks lately because for me, it had.
And for so many folks that have listened to me over the last say
a year, the last six months and have bought it, it's just been
such a slam dunk with literally like next to no Roefer buybacks.
You're getting Saratoga for under, in many cases under $100
a point, and then you're using those points to go stay at the
Polynesian when you could go buy Saratoga with Disney for 215
bucks. You can get it with us for 100.
So yeah, always reach out to us with any specific questions you
have. But overall, Paul, I think your
message again was perfect. It's just steady, nothing like
this this. And for somebody?
That's been. Somebody have been actively
looking for a for a second contract, which I have been
since about October. The inventory is a problem
because I have a very specific need.
I have a very specific want and it has not yet come across like
I look every single day. And I know Jeff and Dan, aren't
they shopping? They are, yeah.
They're still shopping. It's it's been hard.
Like normally I'm like, oh, I'll take that one and I'll take that
one and I'll take. That one and this one is it's.
Just if it's my use here, maybe I don't know, but like it's been
I haven't pulled the trigger on anything because I I have a very
specific need. So, yeah, and you're, and
you're, you're not the only one, Jeff, because I swear to God,
we've had so many listings just even in the last week where some
of them, and it's probably folks just like you that are waiting
for that certain point range. They're waiting for maybe a
certain use here. And Oh my God, like we'll get
hit with a listing as soon as it hits the market.
You get it. And you've got 5 offers within
one minute and you have to go through and go, OK, which one
came in first? OK, that one came in first, that
one came in second because some of them will go just like that.
It's it's crazy. Yep.
You know, Amy and I have been in that boat before where we're
looking for a certain, you know, 50 point contract.
I remember when we bought our Grand Cal contract and you know
that one just I, I remember I, I think Amy had the offer into
Derek before I even knew what was going on because again, it
was like the perfect number of points.
It was like 68 points or whatever it was for Grand Cal.
That's perfect amount for three or four nights a year, depending
on how you use the points and how you stretch them or if you
combine them. And so like waiting for it's
waiting for that golden goose golden ticket unlocked.
Magic.com/DVC fan, Nice segue, but I mean, you, you kind of
know what we're going for there Is, is, is, yeah, it it, it
takes some patience at this point in game.
And when you do see that contract pop up, you got to be
ready to go and know like where that threshold is for for what
you want to offer. Go ahead, Derek.
And shameless plug then for the DVC resale market, phone app,
get the phone app, get the phone app.
It's fantastic. You can set exactly what you're
looking for. You get instant notifications
because like I've said many times, some of the stuff goes
like that. People.
Veering veering their cars off to the side of the road to snag
a small beach club contract. Trying to get it before that's.
How I got that's how I got our grand cow contract was because I
got the text notification from the app and that was the old
app. It's it's even better now, so.
The phone app. Now whoever calls it a phone
app. Yeah, Apple App Store or or the
Google Play Store. Look up DVC resale market phone
app and it'll it should come up I think.
Jeff, I'm curious, So what are you in the market for?
So I want between 75 and 125 points.
I don't want more than that, which is that's been my biggest
problem is it's like 100 and 35150, you know what I mean?
Like I want 75 to 125 at either Saratoga, Old Key West or Animal
Kingdom Lodge. But your Easter, December, March
year. Oh, March.
Oh yeah, March. I think March.
I feel like March. I hardly ever see it.
I could have got a 75.1, but there was, it was stripped and I
was like, well, part of the reason is because I'm out of
points all the time. I don't want to have to wait
another year before, you know what I mean?
So yeah, it's. Very patience.
Keep waiting because. You've rented all your points on
Facebook groups, is that why? He's sweating.
He's. Sweating in the middle of the
night, Jeff. It's 120 points and it's got
banked points from last year and a March use year at Saratoga.
I would love to live sell contract on air.
Said contract. Huh.
What the? App did not notify me of said
contract, so said. Contract.
In fact, I'm looking at it right now.
It's got 120 bank point from 2025.
It just got listed just a couple of days ago, yeah.
So, yeah, this is Derek. This is like this.
This is like National Geographic Derek right now.
Like we're watching him. Do his element.
Crikey, like Derek shopping, shopping the recent market
finding a contract for Jeffrey. Because Jeff, you still love
your family, right? And do you want them to have the
aspirations possible? Look at him bringing in the
emotional play to seal the deal land.
It was just so sounds about. Right.
I I, yeah, I would love to just watch what, like watch a live
sale transaction go down and record it at some point.
That would that would be. You could have Annie on because
she has to live with me as I work 20 hours a day and she
hears it all. She'll tell you.
She'll tell you how magical I am.
Derek, you mentioned right of first refusal.
I wanted to go there before we get into that $500 fee real
quick. But yeah, row for activity kind
of been pretty slow on the year so far.
So we're sitting here end of March, 1st of April.
As of the end of March, there have been 33 contracts, Rowford
compare that to 41 last year, so little bit under kind of the
norm that we would expect. Compare that to 2022.
Yeah. Compare that to 2022.
This time last year or this time in 2022, there were 244
contracts that had been Roeford. Over 200 and. 44 just for the
record, that three month period doesn't equal, you know, the
total for an entire year over the course of the past four
years. So while Roefer is still out
there and it's almost like feel lucky, like you got the golden
ticket if it happens to you, realize that there's going to be
other, you know, fish in the sea and you're going to find some
other contracts. As of March, really the the, the
resorts that have seen Roefer activity so far, Animal Kingdom
has seen a couple Grand Floridian by far has been the
largest 13 taken so far on the year, which equates to about 16%
of what resale market has sold this year so far.
So that that's the highest number that there are Old Key
West at 9. We've seen about 11% of listings
taken there. First in March was 2 Saratoga
Springs contract contracts taken.
But again, they are offering a current direct promo at that
resort, which is probably why they're a little bit interested
in some of those lower priced offerings there.
And then just the weird outliers like 1 Riviera, one Beach Club,
1 Aulani, 2 Bay Lake Tower. So just some extreme outliers
where if you're looking at any of those resorts, I really
wouldn't be, wouldn't be worried about Rofer at this point in
time. Just realize that it's part of
the process that you got to go through.
And I think 22, it might be interesting to let people know
that maybe if they're new to watching the show or maybe
they're new to being a member, they might be wondering why the
heck are, you know, the Grand Floridian?
Like, why are they buying back like 17% of the Grand Floridian
contracts? And the reason is, at least this
is my professional opinion, is that right now their big main
live product is the Polynesian. So they do a lot of tours.
When people learn about what Disney Vacation Club is, they do
them right there at the Polynesian.
That may not be everyone's cup of tea.
So I know because I still have friends that are Disney Vacation
Club guides that work at the Polynesian and they have a lot
of folks that say this is great. I love the idea of the club and
using points and the point charts, but they look next door
and go, I want to stay there. I want to own there.
How much is that white building? How much is that resort?
I, I want the Grand Floridian. And again, that's why they're
buying contracts back from us. You could buy the Grand direct
from Disney. No bells, no whistles, no
discounts. It's 260, $55 per point.
The average price with us at the DVC resale market is like 155 or
somewhere around there. So Disney can look to say, we
have a lot of people asking for points that want to buy direct
that maybe they don't know about resale.
So that's what's happening. I absolutely guarantee it.
And the same thing with the other Grand on the West Coast.
People that tour the Disneyland tower look to say, well, I don't
want to own here, it's nice, but I want to own the Grand
California. And so therefore, they talk
about the Grand California. Do you have any points?
Because they don't want someone to walk away saying, yeah,
thanks, well, you don't have what I want, then I'm just going
to go somewhere else. So that's why they buy back
specific contracts and how it really will ebb and flow.
He's going to leave it on, Derek.
Yeah, I just really wanted to just focus in on Derek for a
minute and just take a really, really brief pause right there.
I had I had all of their cameras zoomed in because we had filmed
a different show with some other people the other day.
And everyone, everyone's foreheads was as large as as
Derek's just. Well, I think I can.
I think I can do it live. Yeah.
There we go, Derek. Derek looked like that the audio
last month but. You imagine a little show like
that. Poor as Derek that's that's
amazing. It looks like I can see.
His soul. It looks like the movie screen
that they put on the lawn at Vero Beach when they show movies
at night. Speaking of the market in
general, we've also in the first three months of the year seen
direct prices increase on, you know, actively selling
properties. We are creeping ever so close to
that $250 per point number, you know, just just inching our way
there. I think ahead of Lakeshore Lodge
going on sale, you know, probably early next year, maybe
late this year, still no real information on that out there
just yet, but prices are continuing to increase.
That is before incentives are applied and normally that's
something that puts some pressure on the resale market.
Another thing that Derek, you had mentioned was that $500
resale admin fee. So at the end of last year,
Disney Vacation Club came up with a $500 fee that they're
applying to every single resale contract purchase.
And basically it's a $500 fee that's added on to the closing
costs and everything factored in.
And, you know, there was questions too of like how is
that going to affect the market? You know, is that going to move
pricing in One Direction or another?
And at least now, you know, a couple months in, at least from
my perspective, I've not seen any significant changes as a
result of either of those. Derek, how is that playing?
Just like when a buyer and a seller kind of have a
negotiation or. Yeah, yeah.
It's kind of funny because they knew that when we got the topics
for the show that we were going to talk about this, which I was
kind of excited to talk about it.
And I even had a conversation with Kevin, our company
president about it today. And I wanted to just kind of get
his thoughts on it too. And we both kind of came to the
same conclusion that it really doesn't come up that often in
conversation when we're talking to buyers.
If it does, they might ask and say, hey, can I ask the seller
to pay this 500 $100 transfer fee?
I will tell you, I, you know, we sell a really good amount of
contracts here. I've never ever had one seller
agree to pay the $500 transfer fee for a buyer.
So we just kind of break it to the buyer and say, listen,
they're not going to agree. We of course will present it,
but it never happens. They're not going to do it.
It's almost the same as saying I want the seller to pay my dues
for 2026 for points that are fully bankable and you've got
till 2028 to use them. We'll present your offer, but
don't hold your breath because it's just not going to happen.
So overall, I think that the people that are making the
offers, they kind of assume that OK, this is the price, this is
what I'm going to have to pay. It is a transfer fee.
Overall. What I don't know, and I would
love to know, and I don't know if there's a way to find out, is
the people that we get to talk to are the people like let's say
we have a house and they hop the fence so they're in our yard so
we can talk to them. What I don't know is how many
people heard about the $500 transfer fee and didn't hop the
fence, right? Like how many people out there,
and it'd be great to know even in the comments, how many people
out there said, I like DVC, but I don't even know if I want to
talk to someone because I heard about this $500 transfer fee.
So the ones that jump the fence that we're able to talk to and
explain to them and break it out, which again, any sort of,
you know, even a $500 fee at the end of things when Disney Direct
is making price increases on stuff from 5 bucks a point to 10
bucks a point when you're saving still from buying on the resale
market are anywhere from 20 to 30 up to 60% less than buying
direct with Disney. And I think what encourages me,
and I'd like to know, I'd like to attribute the fact that it is
part of the 500 because that's what I always wanted it to be.
Is this $500 going to let them maybe hire more people?
Will it help things in the process become faster?
And I mentioned that to our company president today and I
said I've had people legit that bought their contract even at
the end of February, early March that closed within 30 days,
maybe 35 days. I've had people lately get
through Roefer in seven days, 14 days back when they when it was
stretching out the 30, the 35 days I've had people get the
notification from Disney that have closed with us that said,
Oh my God, I got my points seven days later, 10 days later versus
a while back. It was, hey, it's been 3 weeks,
it's been 4 weeks. When am I going to get these
points from Disney? So I think at least for me, and
I've had a lot of people attest like, Oh my God, I wasn't even
prepared to have my contract close so fast that I wouldn't if
I was a buyer, I wouldn't mind paying the 500 because it does
seem to be making things a little bit quicker.
And if you're on the fence about it, and this is what we talked
about too as well, it's $500 now.
Who knows? At any point Disney could say,
you know what, man, since we, you know, started doing this fee
that again, they could have done this, this was in the contracts
from 1991. They could have instituted this
transfer fee at any time. Keep in mind, they could next
year say, you know what, now it's 750 or year after that,
it's going to be $1000 transfer fee.
It's not locked in. I'll give.
Them my disk. Yeah, right.
Exactly. But no.
So it's almost like trying to get in and buying, you know,
before restrictions kick in. Like if all you have to pay is
500 bucks, do it because you, you want to be down the road
looking to say, yeah, I got my contract.
I got it in record time. I speed through Roefer and I got
my points loaded and I only paid $500 transfer fee.
So that's my, that's my story. Thank you for coming to my Ted
Talk. At the end of the day, it's just
the price of business now. You know, it's not something it,
it's one of those things that's just baked into any, any
transaction. Like, you know, the, the, the
house buying analogy is one of those.
There are so many fees that are baked into the house buying
process and most people don't even blink.
They just sign on the line and move, move on down the road with
them. You know, there's even there's
even fees when you buy a house that you know the.
Binder fee. Yeah, like a a binder binder.
What do you charge for the binder?
Is that? Is that a three ring hole punch
binder? Is that?
The binder they put your paper junk in.
Like I like, but but seriously, I mean it's just, it's just part
of that. It's not significantly I think
affecting where that value proposition of resale or direct
really lies. And to your question, Derek,
again, I would ask the question, I would ask your question, but I
would also take it a step further and say not only did you
not buy because of the $500 fee, but did you go buy direct
because of the $500 fee? Like was it that impactful on
that decision? You know, the only thing that
I've seen that's remotely been close on Disney recently has
been some direct promotions that have been for Disneyland Hotel.
You know, we talked about our friend Gary that that ended up
buying a contract there on a previous show.
And Gary what like, you know, at the end of the day, the numbers
were close enough to make it a consideration, but he still
ended up buying resale. And so, you know that we've seen
certain outlier cases where that could be the case.
Obviously, you know, you want to question, you know, do you want
those direct benefits and everything like that.
Again, all you know, most of every, every single one of us
has bought direct and resale. Everyone, every single one of us
has bought both of those. We're not trying to tell you to
do one or the other, but it's just, you know, those are kind
of the economics of, of what we're looking at these days.
I'm, I'm just patting myself on the back because the whole time
Derek was talking, the dog spilled Paul's drink on the
carpet and I was able to get up and go get towels up and sit
back down. So thank you, Derek, for for
your information. It was very you're.
Welcome. And sometimes I can talk so long
that I think the people that just went to the moon have
already come back. That's how.
I've heard that's probably true. Something I forgot to actually
put on our questions and, and you can kind of just go, no, I
don't want to talk about it. But another thing that a lot of
people look at right now when it comes to buying and don't come
for me in the comments saying the only way to buy a DVC
contract is cash. People finance, it happens all
the time. You finance a car, you finance a
house, it happens. People finance things.
But I think a lot of people don't really understand how
while there might be subtle changes in a Fed rate or
something like that, those aren't directly impacting like
mortgage rates at the end of the day.
Like, you know, we're not Jeff, you work in this market like
you, you kind of see it every single day.
And I think people hear things on the news or see things out
there and expect that that's that singular entity or that
singular marker is going to significantly impact the
direction of interest rates and financing.
And it doesn't like it doesn't move that quickly.
Yeah, that, that's correct. And we don't need to get too far
in the weeds here, but I've been in real estate for 20 years. the
Fed rate rarely effects mortgage rates. the Fed rate is tied to
other things, Treasury bills and and bonds and, and some of those
kinds of things. That doesn't have an impact,
sure, But if the Fed rate goes down a point, the interest rates
don't drop a point. That's just not how it works.
And it kind of goes to like, I have this conversation with
people every single day. I'm not going to buy a house
called the interest rates drop. You could be waiting decades for
the interest rates to drop. That's, that's you're, you're
the price of housing is going to continue to increase over time.
You're losing money by not buying.
If you can afford to buy now, then you should buy now.
If you can't afford it, don't, because then we do a different
appraisal and that's when your home gets foreclosed on, you
know, But if you can afford the payment, if you can afford the
financing, if you can afford the house, don't wait for interest
rates to drop. Don't wait for some magic number
because it just doesn't exist. It's it's not going to exist.
You you've seen what interest rates have done over the last
two years and it's been to, to quote Derek steady.
There's been a tight drop, then tight increase.
You know, it's just that's not how the business works.
And I'm sure Monera Financial operates under largely the same.
The Fed rate is how banks borrow money, not how we borrow money.
Yeah, I think that's a that's a great descriptor.
And obviously always add kind of the disclaimer, none of us are
financial professionals, you know, seek a financial
professional if you're looking for financial guidance.
At the end of the day, we're not telling you to finance ADVC
contract. Put yourself in a good financial
position if you are looking at this as a potential purchase
because you know it, it's a significant purchase.
You want to make sure you you know what you're buying, you
know what you're getting into and everything like that.
But I know that's a frequent question that came that seems to
come up in, in a, in a lot of the community.
So just wanted to kind of address it really quickly.
If there's anything that either of you had to say or any any of
you have to tell maybe a buyer or a seller or someone looking
to rent points over the course of the next few months, what
would that be? Someone looking to do what?
Buy, buy, sell, rent. Yeah, where were you thinking
about dinner all? That I was thinking about,
thinking about financing still because I didn't really say
anything. We know I was.
Jeff said everything. I was going to, but then Jeff
just said everything perfectly so I didn't have to.
But no, I actually, can I go back to that really quickly just
because you brought up the topic and it's kind of off topic, but
it's not. But people, people are always
comparing. If you insist.
People are always comparing like DVC financing rates to like what
you know, to a home rate. And it's, it's a very different.
And the reason for it is there's, there's multiple
reasons for that. But first, DVC is the luxury
product. It's not a necessity like a
home. So because of that, that's why
bank rates are going to be higher.
But the other thing is, is that it is a little bit of a riskier
product. And obviously DVC is probably
the least risky, you know, timeshare out there.
But like the process of financing A justification club,
you know, especially when you look at like through my era,
even through Disney Direct, they're not digging into your
bank statements, They're not going through your employment
information, they're not having you verify your pay stubs and
your salary. And they're not going through
all this stuff and asking you what is this reoccurring charge
in your bank account, this and that.
Like they're not doing all that because it is such an easier,
more streamlined process because the risk is being taken on by
the lender, like Disney, like us.
And so the rates kind of reflect that difference.
We, when Paul and I just bought this house last year, we had to
prove that I wasn't an owner of my mom's house because there was
some weird recorded document that accidentally listed my
name. I was a kid when she bought that
house. My name isn't on it.
But we had to go through all these hoops to prove that even
though it was a paid off house, that we didn't have this
liability. I still have a file on my
computer. I know it's got like 100 plus,
you know, scans or PDFs or other documents that I.
Had to get the amount of things you have to gather to purchase a
home through, you know, and get through underwriting is so
enormous. Whereas when you, when you
finance the DVC, it's such an easy streamline process because
we're taking that risk on for you.
So I just, I just want to say that that's a big difference in,
in why those rates and our rates are very competitive compared to
any other timeshare lender, including Disney.
So had to say that. That was great, I loved it.
No, that's really important to know.
For sure, wrapping us up, like I said, anything that you tell a
potential person looking to buy, sell, rent points, whatever that
might be within the next few months.
Oh, that was the question. That was that was the question.
I. Mean, I would just say if if
you're in a position that you can afford it, don't wait.
Because the number one thing, and we've said this a million
times on our show, the number one thing that people always say
is I wish I would have bought sooner, you know, and then
prices are going to continue to go up.
We're going to get to 250 direct next year, I'm sure of it.
You know, if you want it and you can afford it, just do it.
The fact, the fact that you said that and we said the exact same
thing I was going to say. It feels like a proud father at
the moment. He makes me so proud to hear him
talk so smart about stuff. I just love him.
I'm so proud of him. But no, he, he nailed it 100%
because that's just it. I mean, I hear it every single
day. I've heard it for over 20 years.
And I, I love to hear it because it means that those people and
I, and I've told so many people lately too, that finally joined
because they'll tell me, they'll reach out to me via e-mail or
the phone call or whatever. And they tell me about their
Disney history. And you know, Oh my God, we've
been, you know, every year for the last 10 years, we go twice a
year for the last five years, we go 3 * a year, blah, blah, blah.
And I'm like, you got to stop. Like you need this like oxygen,
like this is like putting a tourniquet on.
You've got to stop the bleeding just because you're going to
keep going back. That if you know, getting
started is the most important thing, it's never going to be
perfect, right? You're never going to say, God,
I'm waiting for this contract and it's going to have the exact
amount of points at the exact price I want and it's perfect.
But meanwhile, while you're waiting for said Unicorn to show
up, you've done what? You've taken another trip to
Disney. You've given Mickey thousands of
dollars renting another hotel room.
Then you come back and you start looking and you do it again, and
you do it again. And then you finally get
started. And that's when you tell us,
God, this was the best thing I ever did.
But like Jeff says, you follow it up with, man, I wish I did it
sooner. So getting started, just do it.
It's never perfect. You can always add on like
thousands of people do. But before you take that other
trip, and I love like some of my favorite people are the people
that that buy, but they have one last trip that they've rented,
right? So they're like, Derek, you
know, we're buying this club. Does it make so much sense for
us? But we've got one trip left.
We're going in October. We're staying at, you know, the
All Star. I love it because I tell him I'm
like, guys, that's gonna be one of the best trips you've ever
had, not because of where you're staying, but because, you know,
the next one that you're taking is going to be as a Disney
Vacation Club member, you know that this is the last time
you're going to leave the Magic Kingdom and have to get on the
bus back to the All Star or to Pop Century or whatever.
Because you might be walking back to Bay Lake Tower.
You might be taking a boat back to the Polynesian.
So get started, You know, reach out to us with questions.
And I always stress this too, is that, you know, you could reach
out to us. You know, you can always reach
out to me. Feel free.
People think still that you can't reach out to me directly
and I just happened to talk to you or somehow and they're like,
Oh my God, I watch you all the time.
I'm like, you could have called me, you could have emailed me.
But questions, just because you reach out to us, it doesn't mean
you have to wait to reach out to any of us when you're quote UN
quote ready to buy. That's not what this is.
If you've got one question, if you've got 1000 questions, use
this time to reach out to us and get your questions answered.
That's it. That's what we're here for.
I really need to start making a tally of like the number of
times Amy's on a phone call every week.
And it's just like, are you, are you Amy Krieger from the DBC
show, DBC fan. It's.
So. True, we are all real people and
that seems to be the general take away when most people
either meet us or talk to us on a phone or, or any of those
things. I'll, I'll bring us home and,
and just kind of say, you know what you call him Sweaty Stewart
or whatever. It was John Smith.
Sweaty John. Sweaty Stewart.
I like sweaty Stewart if you're. Sweaty John Smith over those
those new rental rules that came out then yeah, you should
probably be be considering your options here moving forward,
maybe contacting Derek or the DVC resale market to sell off
some of those contracts because it sounds like DVC might be
coming for you. We'll report back if we hear of
any, you know, enforcement of, of the commercial rules.
But you know, for now, you, you should know, are you using your
membership appropriately? Yes or no?
It's a pretty easy answer. Are you renting occasionally yes
or no? It's a pretty easier, pretty
easy answer as to whether or not you know that you passed the
sniff test in, in what DV CS trying to do with all of these
rules. And, you know, I, I think we're,
we're better, you know, as, as a membership and as a Disney
Vacation Club as a result of these changes.
And you better believe that we'll be here week after week
reporting back and letting you know how they go and how they
affect membership. And you know kind of the things
that that we're seeing in the community that that you guys are
talking about. And talking about it on our new
DVC fan forums. Yes, we are.
Yeah.
I can't wait for that. That's going to be super
exciting. So maybe it might even catch
Derek over there chatting in the forums.
And then you'll be like, is this really D Daddy 78649?
There sure, that's this handle put.
Gas in his computer first. Before he can.
That's going to do it for this week's episode of the DVC Show.
We're going to all go see how these people are doing on their
way to the moon and back and we hope you enjoyed it and we will
see you. Next Monday.
Have a great week everybody. Bye dude.
He's still trying to make I do the thing later, dude.