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View Full Version : Fewer Resale Listings?


Cheltenham
04-29-2012, 07:10 PM
Are there fewer listings available for resale now than there were a year ago? I purchased my DVC ownership about a year ago and had been checking availability for many months. Recently I started looking again at various sellers and it seems to me that there are far fewer listings now than this time last year. Am I correct on this? If so, any ideas on why?

hushupu
04-29-2012, 07:13 PM
I started looking for specific a BWV contract a couple of weeks ago and haven't seen anything that will meet our needs

Caren90
04-29-2012, 07:24 PM
There seem to be more AKV listings than last year, the usual number of SSR and fewer listings for the other resorts. It also seems that sellers are getting higher prices for their listings from a year ago, in particular, OKW since Disney is on some sort of ROFR mission with this property.

Stephen

fmer55
04-29-2012, 07:45 PM
I started looking for specific a BWV contract a couple of weeks ago and haven't seen anything that will meet our needs

I am in the midst of closing on a BWV contract and i will say that inventory since the time i offered , early march until now, has become sparse at best. My personal opinion is to blame it on spring fever as well as tax returns. But if you asked me to put a number on it i would say that there are less than 50 percent of listings at BWV than there was just 2 months ago.

Missyrose
04-29-2012, 08:06 PM
I think there are fewer listings (for BWV especially) and so as a result, there may be even fewer of the resale contracts ever making it to the Web sites. A couple of the resale brokers keep lists of what their buyers are looking for and if a contract comes in that matches, a deal gets made without the contract ever seeing the light of day on the Web sites.

XGrumpy1
04-29-2012, 11:16 PM
Maybe the economy is finally getting better. I had a friend who sold her house the first day it was listed.

Maybe the lower inventory of resales will cause the prices to go up, the old supply and inventory rules of basic economics.

ELMC
04-29-2012, 11:21 PM
Maybe the economy is finally getting better. I had a friend who sold her house the first day it was listed.

Maybe the lower inventory of resales will cause the prices to go up, the old supply and inventory rules of basic economics.

We are already seeing that happen at BWV. Last month deals were closing in the low $50 per point range. I don't think people are finding anything close to that right now.

zavandor
04-30-2012, 02:21 AM
I agree, I think too that resale listings are lowering.
I've read that in the past, the number of listings increase at the end of the year, just after people receive the annual dues report.

dwight16
04-30-2012, 08:52 AM
i know exactly what you are saying and have noticed it also. i got 160 points SS about 14 months ago for 58 a point it was a great contract with banked points from 2009. i am taking my second vacation in October and just am catching up to 2012. i just started looking to add on to my contract. i want to get 280 total points enough for 1 2 bed room for 1 week no matter where or when for the most part. the resale market is super dry looks like direct in 25 point to 50 point spots might be the only way to get up there. maybe after the summer vacation season things will come back to normal.

mjc2003
04-30-2012, 09:21 AM
Maybe the economy is finally getting better. I had a friend who sold her house the first day it was listed.

Maybe the lower inventory of resales will cause the prices to go up, the old supply and inventory rules of basic economics.

We put our house on the market and had a contract in 3 days for a little below asking. The deal fell apart, so we went back on the market 2 weeks ago. Since then we have had 10+ visits and a full price offer just last Friday that we promptly accepted. So yes, I think the economy is improving.

fmer55
04-30-2012, 10:44 AM
We put our house on the market and had a contract in 3 days for a little below asking. The deal fell apart, so we went back on the market 2 weeks ago. Since then we have had 10+ visits and a full price offer just last Friday that we promptly accepted. So yes, I think the economy is improving.

Don't sell yourself short, the economy still sucks, you just happen to have priced your house right:thumbsup2

Rob S.
04-30-2012, 12:55 PM
I have been looking to add on at VWL for about 9 months and I have seen very little new contracts added to any of the sites I visit. I would agree that there seem to be fewer.

dwight16
04-30-2012, 01:56 PM
i might just starting buying 25 to 50 at a time from disney at this rate. i want to get an add on before the end of 2012. i guess its a good and bad thing my resale i bought is worth more then i paid but now adding on will be a problem...

tjkraz
04-30-2012, 02:03 PM
Listings see a sharp spike in the winter months. Between holiday credit card bills and annual dues statements arriving, an inordinately high number of contracts start hitting the market in January and February.

Between that and improvements in the economy over the last year (things have improved in many regards over the last 12 mos), the number of sellers appears to be dwindling. Overall, it's a good thing for the market. :thumbsup2

DVCMomofThree
05-01-2012, 07:14 AM
Maybe the economy is finally getting better. I had a friend who sold her house the first day it was listed.

Maybe the lower inventory of resales will cause the prices to go up, the old supply and inventory rules of basic economics.


We are in the process of relocating from NH to outside of Tampa (yay!) I'm going to be staying home for a bit and not working, so I think we're going to at least try to list our BLT contract.

At any rate, when discussing this with the sales lady last week, she said she is starting to see a change in the market.

We have to list on the higher side in order to avoid paying OOP at closing, but she seemed to think that there was a turn in the market now...

AJA
05-01-2012, 08:01 AM
Listings see a sharp spike in the winter months. Between holiday credit card bills and annual dues statements arriving, an inordinately high number of contracts start hitting the market in January and February.

Between that and improvements in the economy over the last year (things have improved in many regards over the last 12 mos), the number of sellers appears to be dwindling. Overall, it's a good thing for the market. :thumbsup2

I agree with this. IMO after the DVC Fall rush is over we'll see more listings popping up. Overall though with the economy improving the deals that were available the last two winters might not be so easy to come by.

bobbiwoz
05-01-2012, 08:33 AM
I hope things are turning around. I'm just looking:rotfl2: but there are so few March UY offerings in the resorts that I'm interested in, I think DH is happy about that!

cloudnut220
05-01-2012, 12:58 PM
I am now seriously kicking myself for not acting on my addonitis in January when it seemed like the market was flooded with resales.

DougEMG
05-01-2012, 01:17 PM
The latest Timeshare Store email from today had 11 new BCV listing, but not a single new BWV listing.

Smile&Nod
05-01-2012, 01:51 PM
i am in the process of closing on a new BCV contract and as soon as that closes I'll be listing two contracts for BWVs - I have to admit i was happy to see only two BWV listings out there right now! my timing may be good. We like BWV for the activity on the Boardwalk at night but our heart was always at BCV - just couldn't afford it at the time I originally bought!

pmaurer74
05-01-2012, 02:18 PM
The latest Timeshare Store email from today had 11 new BCV listing, but not a single new BWV listing.

I think they have had some typos, this one had them all with October UYs and the last one they sent repeated the same listings like ten times.

I too have noticed few UYs for the Dec-Mar I am looking for...

fmer55
05-01-2012, 04:11 PM
The latest Timeshare Store email from today had 11 new BCV listing, but not a single new BWV listing.

It is truly amazing how the landscape has changed. I went into ROFR on march 8th, at that time i literally had my choice of amount of points, as well as UY. Now that i have closed i can admit how increidibly lucky i got both in contract, price and timeliness of my contract, as well as the cooperation of my seller.

Good luck to all those who are hunting

gatorgirl02
05-01-2012, 04:22 PM
pmauer - That was no misprint, I just called to confirm. They are all ligit...::yes::

pmaurer74
05-01-2012, 04:36 PM
pmauer - That was no misprint, I just called to confirm. They are all ligit...::yes::

wow. how strange, maybe they were from the same seller? Seems strange they would all have the same UY :confused3

princessaloha
05-01-2012, 04:49 PM
I think they have had some typos, this one had them all with October UYs and the last one they sent repeated the same listings like ten times.

I too have noticed few UYs for the Dec-Mar I am looking for...

I noticed those Oct listings last Friday on their site. If you look at the listing numbers they're all the same with addendum numbers or letters -1,-2, -A. It looks to me as though a single seller is selling off part or all of their of BCV contracts. I could be wrong though.

ETA: there appears to be two different sellers/contracts with the bulk Oct UY. One ending in 0501 with 10(?) contracts and one ending in 0424 with 8(?) contracts.

mjc2003
05-01-2012, 05:51 PM
I noticed those Oct listings last Friday on their site. If you look at the listing numbers they're all the same with addendum numbers or letters -1,-2, -A. It looks to me as though a single seller is selling off part or all of their of BWV contracts. I could be wrong though.

ETA: there appears to be two different sellers/contracts with the bulk Oct UY. One ending in 0501 with 10(?) contracts and one ending in 0424 with 8(?) contracts.

We are looking for a 75-100 pt add-on at BCV but have a dilemma, we are buying a new house and are not closing for 6 weeks so really wanted to wait until after we buy our house to spend more money. Of course there has been virtually no contracts that size available, but now that we agreed to purchase this house suddenly somebody lists 10 contracts that fit what we were looking for!!!! Is this somebody's cruel joke? Oh well, all in due time.

princessaloha
05-01-2012, 06:12 PM
We are looking for a 75-100 pt add-on at BCV but have a dilemma, we are buying a new house and are not closing for 6 weeks so really wanted to wait until after we buy our house to spend more money. Of course there has been virtually no contracts that size available, but now that we agreed to purchase this house suddenly somebody lists 10 contracts that fit what we were looking for!!!! Is this somebody's cruel joke? Oh well, all in due time.

I so feel for you mjc2003 :hug: as this is the story of my life :lmao:

Keep positive! That "perfect" contract is just waiting for you to find it :wizard:

KSL
05-01-2012, 06:19 PM
The latest Timeshare Store email from today had 11 new BCV listing, but not a single new BWV listing.

I noticed this too!

I can't believe the lack of BWV contracts. We're in the ROFR period on a BWV contract right now and with all the activity with Disney exercising during April, I have been paying closer attention than I intended to wrt other deals out there in case we'd have to start over. It seems like the minute we sent ours in (April 10th-11th) resales at BWV evaporated and there's been almost nothing listed there since! But I've seen the news of some folks' BWV contracts passing ROFR just recently (Congrats!!) at slightly lower pp prices than our contract, so I'm feeling more hopeful that ours will go through. But that still makes me wonder what's the sudden rush for BWV contracts!? :confused3

ELMC
05-01-2012, 07:17 PM
We are looking for a 75-100 pt add-on at BCV but have a dilemma, we are buying a new house and are not closing for 6 weeks so really wanted to wait until after we buy our house to spend more money. Of course there has been virtually no contracts that size available, but now that we agreed to purchase this house suddenly somebody lists 10 contracts that fit what we were looking for!!!! Is this somebody's cruel joke? Oh well, all in due time.

Well look at it this way...maybe they won't sell by the time you close on your house and the sellers will take a lower price. :)

ELMC
05-01-2012, 07:18 PM
The latest Timeshare Store email from today had 11 new BCV listing, but not a single new BWV listing.

BCV is the new BWV. You heard it here first. :goodvibes

Shazzasmd
05-01-2012, 07:25 PM
... But that still makes me wonder what's the sudden rush for BWV contracts!? :confused3

I think it's because I just started looking seriously for BWV contracts, so naturally there aren't many ;).

Congrats on your successful purchase!

princessaloha
05-01-2012, 07:26 PM
BCV is the new BWV. You heard it here first. :goodvibes

:rotfl: We could make t-shirts and baseball caps and sell them at BCV!

KSL
05-01-2012, 07:55 PM
I think it's because I just started looking seriously for BWV contracts, so naturally there aren't many.

Congrats on your successful purchase!

Thanks (if you were meaning me), but I won't really feel confident about it until we pass ROFR. Fingers crossed! It was easy in the beginning but as each day goes by it seems harder to wait.... Don't worry - something will eventually come along for you. I keep telling myself this too, in case this contract gets taken and we need to begin all over again! ;)

princesscinderella
05-01-2012, 07:55 PM
We just passed ROFR today for BWV I was seriously scouring the listings this weekend and was planning to try for a BCV contract instead because I think there is more negotiating room with now. I'm so relieved we are not back to the drawing board.