I do believe that AKV is also going up though.
Not unless Disney raises the amount it will pay for ROFR. Not enough demand in this economy to force prices up otherwise. Still too many who need to sell.Just curious if people will sell their contracts for more per point now that prices are going up per point? I am always looking for small contracts via resells.
Just curious if people will sell their contracts for more per point now that prices are going up per point? I am always looking for small contracts via resells.
At The Timeshare Store, Inc.® we try and sell the properties at prices which seem fair to buyer and seller. We also try and sell the properties at a price where Disney is NOT going to exercise ROFR. For example, right now we are selling Saratoga Springs typically for between $67 and $72 per point and Disney is not buying those contracts back. If Disney were to start buying them back at $67, $68 and $69 per point then we would need to advise sellers to list at higher prices.
Jason
At The Timeshare Store, Inc.® we try and sell the properties at prices which seem fair to buyer and seller. We also try and sell the properties at a price where Disney is NOT going to exercise ROFR. For example, right now we are selling Saratoga Springs typically for between $67 and $72 per point and Disney is not buying those contracts back. If Disney were to start buying them back at $67, $68 and $69 per point then we would need to advise sellers to list at higher prices.
Jason
Can you elaborate on why you would advise sellers to list at higher prices if Disney started buying contracts back at a certain price? Is there some tangible difference to the seller when Disney buys a contract thru ROFR versus a private buyer purchasing the contract? Are you basing this on the belief that if Disney is buying back at a certain price they know more about the supply/demand of the timeshare market and the contract was undervalued?
On the buy side of the equation, I think Disney offering all the discounts of late (buy 4 get 3 and extended free dining) is dampening DVC demand on the resale side.