OKW price

[Indians24]

Hello all! Sorry to post a question about this, but I'm having a really hard time figuring out an offer price. I noticed most 100 point OKW contracts (without banked or borrowed points) go for about $55....yet almost all the listings I look at are between $75-90. I'm considering a 100 point contract that has 30 '12 points left, no banked or borrowed, and a February use year. Would $50 be a reasonable offer per point??? I know that's a huge difference from what most are listed for, but I just don't think much more than that would be worth it. This particular seller wants $65. Thanks in advance!

 

[camafrogs]

I just OKW for $53 a point and i think that was a far price

 

[Caren90]

Hello all! Sorry to post a question about this, but I'm having a really hard time figuring out an offer price. I noticed most 100 point OKW contracts (without banked or borrowed points) go for about $55....yet almost all the listings I look at are between $75-90. I'm considering a 100 point contract that has 30 '12 points left, no banked or borrowed, and a February use year. Would $50 be a reasonable offer per point??? I know that's a huge difference from what most are listed for, but I just don't think much more than that would be worth it. This particular seller wants $65. Thanks in advance!

Your offer should be based on a couple of factors including; 1) What you can afford, 2) Whether the contract has current or banked points available, 3) Who is paying current maintenance fees, 4) Size of the contract (lower point totals= more expensive per point, higher point totals= less $$ per point, 5) How comfortable you are at hearing "no thanks" if your offer low.

$50 per point seems reasonable to me. If someone says "no", raise your offer or move on to the next contract.

Stephen

 

[bltpoppins]

Looking at the ROFR thread, you will notice that Disney has been picking up OKW Feb use years. Might be worth paying a little more if it's the right contract for you and not chance Disney buying it from under you.

 

[permavac]

You are missing 70 points from 2012 so I think your offer of $50 is reasonable. Good luck. I have been hoping to grab a $50 p/p contract myself.

Terri

 

[Indians24]

thanks everyone for your help! i looked at the old key west contracts that were refused, and they were indeed mostly February use years. I had no idea that Disney buys back contracts based on use years...why February at the OKW? And do they differ from one resort to another?? I thought I had a good understanding of pricing, but now I'm getting nervous about the use year stuff!

 

[Deb & Bill]

You may want to check the end date on the contracts, too. Some expire 2042 and some expire 2057.

 

[blaze1599]

Just got my notice today that Disney executed ROFR on the contract we were trying to buy. 210 points and agreed to 50/PP buy price. February use year

Was hoping for a trip in June but now back onto the road of finding a contract.

For what it matters to anyone I was dealing with Rachel and found her pleasant, informative, and no issues with her or company.

Thanks
Jason

 

[Indians24]

Sorry about your contract I was considering okw because most of the contracts were going for such great prices. It seems that lately Disney has been buying back more okw contracts than before though.

 

[tb1972]

I just purchased 100 points OKW exp. 2042 for $60 pp. However, I received all unused 100 points from 2011 so was willing to pay the higher price.

 

[bltpoppins]

I just purchased 100 points OKW exp. 2042 for $60 pp. However, I received all unused 100 points from 2011 so was willing to pay the higher price.

What use year, tb1972? Has this passed ROFR or are you just starting the process?

 

[Lucia_27]

Ugh... waiting to hear back on the contract we submitted for ROFL - 320 pts at $54/pt with a (shudder) Feb use year.

Why would they want to buy back the Feb use years?

This wait is brutal... I am checking my email from my phone every hour...

 

[bltpoppins]

Ugh... waiting to hear back on the contract we submitted for ROFL - 320 pts at $54/pt with a (shudder) Feb use year.

Why would they want to buy back the Feb use years?

This wait is brutal... I am checking my email from my phone every hour...

Maybe your contract is large enough Disney will pass.

Here's my thought on why Disney is picking up Feb use years: DH and I buy at BLT when sales opened. February use year is the one they are selling. Feb use year is a very high percentage of the points sold for BLT.

A year later, we go over to OKW for a quick stay to check it out. We fall in love and want a small contract to be able to get HH category with home resort priority. I call our guide who says she has to sell me Feb use year since that is what I have.

Thoughts? JMHO that there are other BLT owners with Feb use years that say "why should I use my expensive BLT points to stay at OKW when I can pick up a small contract at half the cost?"

Good luck and please post to the ROFR thread. I'll be very anxious to see if your contract goes through.

 

[tb1972]

Dec use year and it passed - signed contract today. I wasn't crazy about Dec at first but decided to proceed. Good luck!