FANTASTIC VIDEO! As a DVC owner myself, I truly appreciate the breakdown of the basics of ownership - best video on this topic that I’ve seen to-date!!!
Great video. You did an excellent job of explaining things and helping us new to DVC work our way around it. We did a tour back in 2017 and didn't take the plunge. But, even with living so close it's becoming something that we really want to be a part of. This video does help us with some things. Thank you guys!
This was an amazing video!! Please please post all you can on this topic. People usually try to talk about DVC ownership but this is the first video that has answered all of my high level questions and taught me so much more I didn’t know! You are fantastic at teaching/speaking. This is really great content!! We are looking into DVC and this will DEFINITELY help us in our decision! I also love your channel anyway (Have since 2019!) and would expect this to be a great video but it exceeded expectations! -Christiana
My wife and I were thinking about DVC since we go to WDW every year and I’ve learned more about DVC from you than anyone else. I'm hooked on your channel. Thank you.
This was a fantastic informational video! Thank you so much! I am a DVC member , but find it very hard to explain how it works. You made it very understandable! Thank you!!!
We are members and pretty knowledgeable on the subject, and just watched this out of curiosity after your year at Disney...this is the best explanation/breakdown we've ever seen! Awesome job!
I can't believe that you premiered this today. Another sign that I should buy my first contract? Been trying to decide for 3 years, but am really feeling the urge this week. I would welcome any advice if you want to message me.
Hey Robert, Thank you for the daily and bonus videos. I have a few Funko’s and admit I was focusing on your collection instead of listening. Would you consider doing a video showing off your really cool collection? My husband and I love watching your shows every day. Leah
ive been informed of DVC on my last disney cruise in february. (as an european) it shocked me to see that the least expensive DVC option is 10000 dollars. like how do you guys save up 10000 dollars a year to purchase DVC. like insane. i have like 2k for a vacation in a year if im scraping my quarters together. so jealous of all DVC members. wish i could join you somehow
You don't have to be a DVC member to enjoy Disneyworld. To each their own. People visit different places each year, so DVC isn't for us bec we travel overseas as well. 🌍😂
Great explanation of the DVC set-up. I would be interested to know where the majority of DVC come from? I'm guessing they are mostly east coast residents who drive down several times a year. Or is the majority from Florida?
Don’t buy for PERKS they change!!! You can save thousands of dollars buying on the resale market. The lounge Epcot isn’t that great, the member parties are fantastic, but if you save $14,000 buying resale versus direct you can afford to go to 2 after hours events per year for the life of your contract. 😎🌴 I obviously do not work for Disney 😂😎🌴👍. If you buy direct that’s great, just don’t do it for the perks because they are not guaranteed and they do change. 😎🌴
Thank you for sharing! Concise and well explained! Is resort fee and state tax included when you stay in one of the DVC properties? Or separate payment everytime you stay.
Question? What are the options if any if you are wanting to book a DVC stay and you don't have quite enough points besides borrowing from the next year? For example, you need 145 points and you only have 140.
Yes you can! Example: You have a June UY and want to travel in August 2022. You can bank 100 from June 2021, use 100 from June 2022 (the current year at travel time), and borrow 50 from June 2023, giving you a total of 250 to use 😊
If you're purchasing a contract direct from Disney, you can request whatever Use Year you'd like. If it's at a resort that isn't sold out yet (currently Riviera, Copper Creek, and Aulani) then it's likely they can accommodate your request. With sold out resorts availability for a specific UY may be limited, but they can usually make something work for you. If you're buying resale, the UY is part of the contract just like the Home Resort and number of points, so it can't be changed.
Good morning Robert, great informative video. Do you think they will offer any incentives going forward to international ownership? We were seriously considering DVC a couple of years ago but are nervous now as obviously this year we are not able to travel to the US. Thanks again 😀
Thanks 😊 DVC often has incentives (discounts) for those that purchase a minimum number of points (usually 150). The savings are tiered with larger point purchases getting larger discount. I'm not aware of any specific international incentives, but the general ones should apply.
In a way, yes. I'm working on a video to explain all this, but I'll attempt some of it here. Disney defines a "resale" contract as one sold from one owner to another. Those resale contracts come with certain restrictions. Disney always has the "Right of First Refusal" on contract sales, so they can step in and purchase any contract that's available for sale from an existing owner. When they exercise that right, they then have that contract back that they can "resell" to a new member directly, or as an add-on to an existing member. These "used" contracts directly from Disney are *not* considered "resell" and have no restrictions because they are a "direct" purchase. If you're looking to purchase an old resort from Disney directly, they refer to them as "sold out resorts." So if you ask for a contract at Animal Kingdom Villas, they could only sell you one if they've purchased it back with the ROFR, because the resort is long sold out and they have no "new" points to sell. Hope that all makes sense! We'll go in depth on this in another video soon 😃
Do you have a video on how others can purchase points from a DVC member? I've heard of this, but don't understand. Not buying a contract but just the points for a specific stay.
It’s all so complicated and the price of it doesn’t seem like it’s be any of a better than just booking stuff normally and paying for it except the specific week buy that’s pretty good.
So a question. I had family who bought DVC I remember talking to him and he would at the spur of the moment get into his home resort. The 11 and 7 month window does that now prevent someone if a room is available from saying....I want to spend a weekend at a resort to just lay his points down on a sweet room at the drop of a hat? Or did I misunderstand the window and you can book anytime 11 or 7 months and sooner (like next weekend if I wanted to)
The booking windows are when you can first book a room, but as long as there’s availability, you can book any time after that. The extra time just gives you an advantage if there’s somewhere you know you want to stay and you can book before others. But yes, even up to a day before, if there’s availability at a resort, you can book it 😊
Hi! Just wondering - how did you stay there for a year? Did you purchase DVC points or were you paying cash? Did you then sell your DVC points after that year... Or what happened next lol? Sorry for all the questions!
We sold our home and almost everything we owned. We banked and borrowed our points to use during the year, rented points, and paid cash for cash rooms. We do still have our DVC contacts and use them to get new room tours as Disney continues updating rooms 😊
@@HereWithTheEars That's awesome - what an adventure! We just bought a DVC contract.... And then another one right after that lol. At the Poly & AKL! :)
This is a random question... I know the "minimum" buy in is currently 125 points... BUT. IF they were to sell me a contract that is only 100 points, would I still get a blue card? Or do you have to purchase the full 125 to get the blue card?
The minimum number of direct points to get the blue card is 125 for new members. But you are allowed purchase as little as 100 in your first contract if you'd like, but you won't get the blue card until you buy at least 25 more points. Once you're a member, you can add on as little as 50 points if you're financing, or 25 if you're paying outright (except at Riviera or Copper Creek - their minimum is always 50).
Because they're the newest resort and the one that Disney is promoting in all their advertising, so it will be familiar to many who are new to DVC. Also, since this was a general overview video and our example was bought direct, it doesn't really matter which resort we used. 😊 In a future video I'll go in depth on the resale vs direct topic and resale restrictions will definitely come up.
Thanks for responding. I enjoy your channel and you are very good with your presentation in the videos. I am sure the viewership of your channel will grow!
No. You can book any time of the year. Your “Use Year” is when your points expire unless you have used them or banked them for the following year. There are 2 costs involved for DVC: the initial loan and your dues. Once the loan is paid off, the dues are all that remain for the rest of the contract. You still have to book a stay in order to use your points unless you have purchased a fixed-week contract. I’d recommend rewatching this video to better understand, and then possibly watch our video on DVC Use Year Explained.
That completely depends on the room type, room view, and time of year. All of those things factor into how much a night is worth for DVC rooms. You can check the DVC website for points charts to see the cost is based on what you’re looking for.
It completely depends on where you’re staying, the type of room you’re staying in, and the time of year you’re there. To get an idea of the differences, you can Google “DVC 2023 point chart” to see how the times of year to stay change in point cost as well as the point cost for a studio versus a 3 bedroom villa.
So threw someone like Dave’s am I just purchasing a one time use of someone’s points that they are selling? I don’t want to go every year just one time and save some money lol
With rental companies like DVC Rental Store or Dave's, you are not purchasing anything. You are renting from a DVC owner. So the owner uses their points to book your hotel, and you pay them to rent it.
@@HereWithTheEars also since I have ya lol how would I figure out all the extra possible options for the room like the dinner things and other extras? Just want to try and understand those better before trying to reserve anything and make an opsie
Hope you'll still get this 8 months after posting this video-how do you verify the legitimacy of an owner if you're renting points from them? I've heard some have been scammed on the FB rental websites...
That's a great question I'll have to cover in depth on another video. Ultimately there's no foolproof way since anyone could impersonate another individual online with some effort. But you can check the Orange County comptroller website (if they own at a WDW resort - other resorts check their respective comptroller) and do a search for their name to verify that they at least purchased where they said they own. Also definitely ask for a few references if you're unfamiliar with the individual and they don't have a reputation in the FB group already.
@@HereWithTheEars I'm an owner who rents out our points often. But, I don't deal directly with the renter. I list my points with a broker (David's Vacation Rentals) and let them do all the work. You'll pay more renting from a broker but the peace of mind is worth it, in my opinion.
Then keeping your membership would be quite expensive. Dues are capped at a maximum 15% annual increase contractually, so it would take the max increase 19 years in a row to hit $100. But considering the average annual dues increase has historically been ~5%, it would take around 52 years for dues to hit $100 per point (at Riviera), assuming that 5% average continues.
Great video... still seems way too complicated... it's probably cheaper to just go when you want and not be locked into a contract. $21K in the first year would be enough to go for like 8 years and stay when I want where I want.
If you go to Disney at least evey other year than DVC will save you lots of money. just need to figure out how many points you will need and get the right amount in the begining.
FANTASTIC VIDEO! As a DVC owner myself, I truly appreciate the breakdown of the basics of ownership - best video on this topic that I’ve seen to-date!!!
Thank you so much! 😃
You’re a terrific teacher and speaker! We’ve been wanting to learn more about DVC, this was super helpful. Thank you!
Thank you! 😀
This was very helpful 🙂. Like most legal contracts, DVC is not simple, nor cheap.
Thank you for explaining this so well.
Awesome videos and great info on each resort.... As always. Keep it up and thank you
This was fabulous! Thank you so much! I always look forward to your videos.
So glad you enjoyed it! 😃
Great video. You did an excellent job of explaining things and helping us new to DVC work our way around it. We did a tour back in 2017 and didn't take the plunge. But, even with living so close it's becoming something that we really want to be a part of. This video does help us with some things. Thank you guys!
Very helpful, thanks!
This was an amazing video!! Please please post all you can on this topic. People usually try to talk about DVC ownership but this is the first video that has answered all of my high level questions and taught me so much more I didn’t know! You are fantastic at teaching/speaking. This is really great content!! We are looking into DVC and this will DEFINITELY help us in our decision!
I also love your channel anyway (Have since 2019!) and would expect this to be a great video but it exceeded expectations!
-Christiana
Fantastic explanation - DVC really makes more sense after watching this, thanks!
My wife and I were thinking about DVC since we go to WDW every year and I’ve learned more about DVC from you than anyone else. I'm hooked on your channel. Thank you.
Wow, this seems super complicated. Thanks for the explanation.
This is the most clear and concise explanation about DVC. thank you!
You’re welcome 😃
I have heard several explanations of DVC, and yours is the best. Thank you.
Thank you 😊
Watching! Always Watching!
😂
Incredibly helpful video. You do a fantastic job educating!
Thank you! So glad it was helpful 😊
Great video Robert! Definitely will link people to this video when they ask about DVC! :)
Thank you! 😃
That waa the best explanation I have ever heard! Honestly I have never really understood itt before. I'm going to check out the playlist now. Thanks!
Thank you! This is the only video published at the moment, but we have more coming to the playlist very soon!
Thank you! Very in-depth video and I learned so much from you!
You’re welcome 😊
Very informative! Thank you!
You’re welcome!
This was a fantastic informational video! Thank you so much! I am a DVC member , but find it very hard to explain how it works. You made it very understandable! Thank you!!!
You’re welcome 😃
We are members and pretty knowledgeable on the subject, and just watched this out of curiosity after your year at Disney...this is the best explanation/breakdown we've ever seen! Awesome job!
Thank you! We’re so glad to hear that! 😃
You have an undeniable talent
I’ve watched numerous videos about DVC and this is the only one that makes total sense! Thank you!
Glad it was helpful! 😀
great info, thank you
You’re welcome!
I love DVC! I have 3 contracts and have zero complaints.
Great information!
Glad it was helpful!
What an incredible presentation!! Better than professors I've had
Thank you! 😊
I can't believe that you premiered this today. Another sign that I should buy my first contract? Been trying to decide for 3 years, but am really feeling the urge this week. I would welcome any advice if you want to message me.
Hey Robert, Thank you for the daily and bonus videos. I have a few Funko’s and admit I was focusing on your collection instead of listening. Would you consider doing a video showing off your really cool collection? My husband and I love watching your shows every day. Leah
We’ll have to keep this in mind and do one in the future 😃
I wish this video was made in 2015 when I purchased- however, we made a great purchase decision. Looking forward to more vids!
Can’t wait to share more!
Thanks. I don't think it applies to the way we travel, but it's still interesting to learn about!
It’s different for everyone, but at least if you have the info, you can decide if it’s worth it for you or not 😃
Great video
Thanks!
Thank you for all the information.We are going to look into it in June.By we I really mean me😂.
Haha! That’s usually how it goes 😂
Amazing video, so informational! I had a quick, unrelated question. Where did you get the shelves for your funko pops?
ive been informed of DVC on my last disney cruise in february. (as an european) it shocked me to see that the least expensive DVC option is 10000 dollars. like how do you guys save up 10000 dollars a year to purchase DVC. like insane. i have like 2k for a vacation in a year if im scraping my quarters together. so jealous of all DVC members. wish i could join you somehow
No one answered this but you can take a loan and pay monthly.
You don't have to be a DVC member to enjoy Disneyworld. To each their own. People visit different places each year, so DVC isn't for us bec we travel overseas as well. 🌍😂
Great explanation of the DVC set-up. I would be interested to know where the majority of DVC come from? I'm guessing they are mostly east coast residents who drive down several times a year. Or is the majority from Florida?
Don’t buy for PERKS they change!!! You can save thousands of dollars buying on the resale market. The lounge Epcot isn’t that great, the member parties are fantastic, but if you save $14,000 buying resale versus direct you can afford to go to 2 after hours events per year for the life of your contract. 😎🌴
I obviously do not work for Disney 😂😎🌴👍.
If you buy direct that’s great, just don’t do it for the perks because they are not guaranteed and they do change. 😎🌴
Thank you for sharing! Concise and well explained! Is resort fee and state tax included when you stay in one of the DVC properties? Or separate payment everytime you stay.
Question? What are the options if any if you are wanting to book a DVC stay and you don't have quite enough points besides borrowing from the next year? For example, you need 145 points and you only have 140.
Yes! Been waiting for this!! Thank you! Can you bank and borrow in the same year? Like could we bank 100, then borrow 50?
Yes you can! Example: You have a June UY and want to travel in August 2022. You can bank 100 from June 2021, use 100 from June 2022 (the current year at travel time), and borrow 50 from June 2023, giving you a total of 250 to use 😊
Hi do you have any more videos on this topic? I just see the use year and this one. Trying to do some research on dvc!
We have one other one that explains use year but have not done more. Planning to create more in the future 😊
Wow great video thank you ?question did i get to choose my use year or depending on the month that we buy
If you're purchasing a contract direct from Disney, you can request whatever Use Year you'd like. If it's at a resort that isn't sold out yet (currently Riviera, Copper Creek, and Aulani) then it's likely they can accommodate your request. With sold out resorts availability for a specific UY may be limited, but they can usually make something work for you.
If you're buying resale, the UY is part of the contract just like the Home Resort and number of points, so it can't be changed.
Good morning Robert, great informative video. Do you think they will offer any incentives going forward to international ownership? We were seriously considering DVC a couple of years ago but are nervous now as obviously this year we are not able to travel to the US. Thanks again 😀
Thanks 😊 DVC often has incentives (discounts) for those that purchase a minimum number of points (usually 150). The savings are tiered with larger point purchases getting larger discount. I'm not aware of any specific international incentives, but the general ones should apply.
@@HereWithTheEars Thank you we really appreciate all the info! Happy Easter Saturday 🐣 😀
Thank you this answered a lot of questions I had. Can you buy resale contracts direct from Disney?
In a way, yes. I'm working on a video to explain all this, but I'll attempt some of it here.
Disney defines a "resale" contract as one sold from one owner to another. Those resale contracts come with certain restrictions.
Disney always has the "Right of First Refusal" on contract sales, so they can step in and purchase any contract that's available for sale from an existing owner. When they exercise that right, they then have that contract back that they can "resell" to a new member directly, or as an add-on to an existing member. These "used" contracts directly from Disney are *not* considered "resell" and have no restrictions because they are a "direct" purchase.
If you're looking to purchase an old resort from Disney directly, they refer to them as "sold out resorts." So if you ask for a contract at Animal Kingdom Villas, they could only sell you one if they've purchased it back with the ROFR, because the resort is long sold out and they have no "new" points to sell.
Hope that all makes sense! We'll go in depth on this in another video soon 😃
It's a timeshare in Disney changes the game on you every year that's how it works
Look at those brows 😂
😂 He kept changing them when I was taking pictures. It was hilarious!
Do you have a video on how others can purchase points from a DVC member? I've heard of this, but don't understand. Not buying a contract but just the points for a specific stay.
We don’t, but we have several more videos coming out about DVC, so keep an eye out for one like that 😊
It’s all so complicated and the price of it doesn’t seem like it’s be any of a better than just booking stuff normally and paying for it except the specific week buy that’s pretty good.
👍🏼👍🏼
I know it varies due to several factors but on average, how many nights could you book at Riviera with 100pts?
So a question. I had family who bought DVC I remember talking to him and he would at the spur of the moment get into his home resort. The 11 and 7 month window does that now prevent someone if a room is available from saying....I want to spend a weekend at a resort to just lay his points down on a sweet room at the drop of a hat?
Or did I misunderstand the window and you can book anytime 11 or 7 months and sooner (like next weekend if I wanted to)
The booking windows are when you can first book a room, but as long as there’s availability, you can book any time after that. The extra time just gives you an advantage if there’s somewhere you know you want to stay and you can book before others. But yes, even up to a day before, if there’s availability at a resort, you can book it 😊
Hi! Just wondering - how did you stay there for a year? Did you purchase DVC points or were you paying cash? Did you then sell your DVC points after that year... Or what happened next lol? Sorry for all the questions!
We sold our home and almost everything we owned. We banked and borrowed our points to use during the year, rented points, and paid cash for cash rooms. We do still have our DVC contacts and use them to get new room tours as Disney continues updating rooms 😊
@@HereWithTheEars That's awesome - what an adventure! We just bought a DVC contract.... And then another one right after that lol. At the Poly & AKL! :)
Do you have info on DVC for Disney Employees?
You would need to contact DVC to find out information about discounts for cast members
This is a random question... I know the "minimum" buy in is currently 125 points... BUT. IF they were to sell me a contract that is only 100 points, would I still get a blue card? Or do you have to purchase the full 125 to get the blue card?
The minimum number of direct points to get the blue card is 125 for new members. But you are allowed purchase as little as 100 in your first contract if you'd like, but you won't get the blue card until you buy at least 25 more points. Once you're a member, you can add on as little as 50 points if you're financing, or 25 if you're paying outright (except at Riviera or Copper Creek - their minimum is always 50).
@@HereWithTheEars this is super helpful! Thank you so much!
What is a blue card? And what does it do ?
I’m confused why you used Rivera as your example since they are the only resort (right now) with resale restrictions.
Because they're the newest resort and the one that Disney is promoting in all their advertising, so it will be familiar to many who are new to DVC. Also, since this was a general overview video and our example was bought direct, it doesn't really matter which resort we used. 😊 In a future video I'll go in depth on the resale vs direct topic and resale restrictions will definitely come up.
Thanks for responding. I enjoy your channel and you are very good with your presentation in the videos. I am sure the viewership of your channel will grow!
So am I paying a monthly fee for a guaranteed amount of time for one month out of the year?
No. You can book any time of the year. Your “Use Year” is when your points expire unless you have used them or banked them for the following year. There are 2 costs involved for DVC: the initial loan and your dues. Once the loan is paid off, the dues are all that remain for the rest of the contract. You still have to book a stay in order to use your points unless you have purchased a fixed-week contract.
I’d recommend rewatching this video to better understand, and then possibly watch our video on DVC Use Year Explained.
How many days does 100 points at Rivera get you?
That completely depends on the room type, room view, and time of year. All of those things factor into how much a night is worth for DVC rooms. You can check the DVC website for points charts to see the cost is based on what you’re looking for.
@@HereWithTheEars Thanks.
So what does 100 points get you?
It completely depends on where you’re staying, the type of room you’re staying in, and the time of year you’re there. To get an idea of the differences, you can Google “DVC 2023 point chart” to see how the times of year to stay change in point cost as well as the point cost for a studio versus a 3 bedroom villa.
So threw someone like Dave’s am I just purchasing a one time use of someone’s points that they are selling? I don’t want to go every year just one time and save some money lol
With rental companies like DVC Rental Store or Dave's, you are not purchasing anything. You are renting from a DVC owner. So the owner uses their points to book your hotel, and you pay them to rent it.
@@HereWithTheEars awesome that’s what I thought but the more videos I watch the more lost I got lol thank you so much for taking your time to reply
@@HereWithTheEars also since I have ya lol how would I figure out all the extra possible options for the room like the dinner things and other extras? Just want to try and understand those better before trying to reserve anything and make an opsie
Hope you'll still get this 8 months after posting this video-how do you verify the legitimacy of an owner if you're renting points from them? I've heard some have been scammed on the FB rental websites...
That's a great question I'll have to cover in depth on another video. Ultimately there's no foolproof way since anyone could impersonate another individual online with some effort. But you can check the Orange County comptroller website (if they own at a WDW resort - other resorts check their respective comptroller) and do a search for their name to verify that they at least purchased where they said they own. Also definitely ask for a few references if you're unfamiliar with the individual and they don't have a reputation in the FB group already.
@@HereWithTheEars I'm an owner who rents out our points often. But, I don't deal directly with the renter. I list my points with a broker (David's Vacation Rentals) and let them do all the work. You'll pay more renting from a broker but the peace of mind is worth it, in my opinion.
What if dues become $100 a point?
Then keeping your membership would be quite expensive. Dues are capped at a maximum 15% annual increase contractually, so it would take the max increase 19 years in a row to hit $100. But considering the average annual dues increase has historically been ~5%, it would take around 52 years for dues to hit $100 per point (at Riviera), assuming that 5% average continues.
Great video... still seems way too complicated... it's probably cheaper to just go when you want and not be locked into a contract. $21K in the first year would be enough to go for like 8 years and stay when I want where I want.
If you go to Disney at least evey other year than DVC will save you lots of money. just need to figure out how many points you will need and get the right amount in the begining.
who in their right mind would think this is a good idea. lol
Tens of thousands of people who like saving money when they go to Disney 🤷🏼♀️