Why are there so many for sale?

mrsjoannh13

DIS Veteran
Joined
May 13, 2015
DH and I are considering buying BLT via the resale market. We've found a few listings that fit our needs. One question we have is why are there so many resales out there? I know it's impossible to know for sure but we are wondering if people regret buying in after doing so, or have difficulty booking at their home resort too often and just walk away from DVC.

Anyone have any input, opinions, or personal experience to share on this topic? It's kind of giving us a little hesitation in terms of making the plunge. Just curious if people buy in and then realize they made a mistake somehow.
 
Buying timeshare does NOT have to be considered a life-sentence. While BLT is yet under the 10-year mark, many early buyers may have hit the point where they have simply grown out of their Disney-phase. We've owned SSR for nearly 12 years and are now beginning to discuss selling -- our original purpose for owning has drawn to an end.
 
Or they've hit a different phase, and the annual dues are a hardship, or their kids are in travel soccer and they can't plan extended trips that aren't tourneys, or.
 
Excluding Polynesian, the 8 DVC properties at Walt Disney World represent more than 51 MILLION vacation club points.

The Timeshare Store currently has resale listings for a little over 22,000 points at those same resorts. Does that really strike you as being a high level of dissatisfaction?
 
DH and I are considering buying BLT via the resale market. We've found a few listings that fit our needs. One question we have is why are there so many resales out there? I know it's impossible to know for sure but we are wondering if people regret buying in after doing so, or have difficulty booking at their home resort too often and just walk away from DVC.

Anyone have any input, opinions, or personal experience to share on this topic? It's kind of giving us a little hesitation in terms of making the plunge. Just curious if people buy in and then realize they made a mistake somehow.

Could be all of the reasons that you mentioned. You won't know how it fits your needs until you give it a try.

:earsboy: Bill
 
The current resale listings for BLT represent approximately 0.25% of the total points available at the resort. By comparison, approximately 8%-12% of single family houses change hands every year. Why are there so many? Because there are so many. But really, why are so few for sale?
 
The current resale listings for BLT represent approximately 0.25% of the total points available at the resort. By comparison, approximately 8%-12% of single family houses change hands every year. Why are there so many? Because there are so many. But really, why are so few for sale?

Thanks for this perspective. We are just trying to poke as many holes as possible before we take the plunge.
 
I think that, if you frequent these boards, you have a sense of what kind of trips DVC is particularly good for. If you think that traveling in this way would suit your family's needs, then DVC is going to be a good fit for you, regardless of whether or not it's a good fit for others. The things to remember (that are particularly different from traveling to the resorts non-DVC) are that you have to be willing to plan your travel substantially further in advance (if your dates are not flexible), you're going to want to travel frequently enough (or be comfortable with renting) to use all of your points, and, if you want to stay at a resort other than your home resort, you'll likely need to be flexible with your dates, rooms, etc.. These caveats are not always feasible for families over time.

For example, my parents are DVC member empty-nesters who don't go very often--and they do not want to rent. They have wasted points in the past and have thought about selling, but want to hold onto the points for grandchildren, which are pretty much a certainty in the next 10 years. I've kind of taken over their points and book travel for other people in the family to make sure the points aren't wasted every year. They don't like to plan in advance and, at the time they purchased, thought they'd use their points to travel outside the DVC network (which, anyone here will probably tell you, is a pretty inefficient use of points.) They might represent the kind of person who sells--they were sold pretty hard while on vacation with flashy promotions (don't take any specific extra perks or benefits as set in stone for the next several decades!), made a quick purchase one year without talking to other members, and didn't really consider if the structure of travel that works best with DVC was right for them.

If you're relatively flexible in at least one way (i.e. your dates are flexible, you're flexible about where you might stay, or you're able to commit pretty far out) then I've found the booking structure to be convenient and relatively easy to change and adjust. My parents own at SSR, and because we are open to split stays, I've been able to book 2 and 3 night splits at AKL, GFV, BLT, BWV, BCV and the Poly--all for the week before Christmas and all within 3-4 months of travel. It takes persistence and flexibility, but it's completely doable. If I had my heart set on booking at 4 months out, for a full week without a split, for a very specific week in October or December or April (for example), at a monorail resort... DVC would be a terrible fit. And not all people who buy are savvy enough to understand that!
 
I think that, if you frequent these boards, you have a sense of what kind of trips DVC is particularly good for. If you think that traveling in this way would suit your family's needs, then DVC is going to be a good fit for you, regardless of whether or not it's a good fit for others. The things to remember (that are particularly different from traveling to the resorts non-DVC) are that you have to be willing to plan your travel substantially further in advance (if your dates are not flexible), you're going to want to travel frequently enough (or be comfortable with renting) to use all of your points, and, if you want to stay at a resort other than your home resort, you'll likely need to be flexible with your dates, rooms, etc.. These caveats are not always feasible for families over time.

For example, my parents are DVC member empty-nesters who don't go very often--and they do not want to rent. They have wasted points in the past and have thought about selling, but want to hold onto the points for grandchildren, which are pretty much a certainty in the next 10 years. I've kind of taken over their points and book travel for other people in the family to make sure the points aren't wasted every year. They don't like to plan in advance and, at the time they purchased, thought they'd use their points to travel outside the DVC network (which, anyone here will probably tell you, is a pretty inefficient use of points.) They might represent the kind of person who sells--they were sold pretty hard while on vacation with flashy promotions (don't take any specific extra perks or benefits as set in stone for the next several decades!), made a quick purchase one year without talking to other members, and didn't really consider if the structure of travel that works best with DVC was right for them.

If you're relatively flexible in at least one way (i.e. your dates are flexible, you're flexible about where you might stay, or you're able to commit pretty far out) then I've found the booking structure to be convenient and relatively easy to change and adjust. My parents own at SSR, and because we are open to split stays, I've been able to book 2 and 3 night splits at AKL, GFV, BLT, BWV, BCV and the Poly--all for the week before Christmas and all within 3-4 months of travel. It takes persistence and flexibility, but it's completely doable. If I had my heart set on booking at 4 months out, for a full week without a split, for a very specific week in October or December or April (for example), at a monorail resort... DVC would be a terrible fit. And not all people who buy are savvy enough to understand that!


We have to book in advance due to my husband's job. He has to "bid" on vacation weeks more than a year in advance so we know when we are going to travel pretty far in advance. And we want to go each year for DD's birthday in November which is a pretty good time to travel to WDW (it's not during Jersey week or Thanksgiving). So I think from the advance planning perspective we're golden. Personally, I love a long planning window so I can obsess over every Disney detail :)

I guess like everyone else we don't know what the future will hold but I personally love Disney and think my 3 year old will want to go for many years to come. If we want to skip a year I believe selling the points would help make the purchase make more financial sense.
 
We have to book in advance due to my husband's job. He has to "bid" on vacation weeks more than a year in advance so we know when we are going to travel pretty far in advance. And we want to go each year for DD's birthday in November which is a pretty good time to travel to WDW (it's not during Jersey week or Thanksgiving). So I think from the advance planning perspective we're golden. Personally, I love a long planning window so I can obsess over every Disney detail :)

I love the plan in advance, too! I am kind of the only one in the family though! Hahhaa. I honestly don't think you'll have a hard time finding availability at your home resort with that kind of window. I don't own at BLT though and don't look for week-long openings at 11 months though so don't know how competitive it can get-- I'm sure others will tell you. But honestly I really think you'll be fine with that kind of notice. And with a three-year old you're sure to get a lot of use out of it in the coming years! If my DH liked going to Disney World we would have bought ourselves by now with our first child on the way.

I guess like everyone else we don't know what the future will hold but I personally love Disney and think my 3 year old will want to go for many years to come. If we want to skip a year I believe selling the points would help make the purchase make more financial sense.

Yes, I think renting is such a great option! You do have to be aware, though, that you technically are responsible for the renters' reservation and could be responsible for damages or outstanding balances. You are beholden to a third party, although using a broker can help. My parents are pretty paranoid and that is a dealbreaker for them. However, I know people discuss these things on the board, but I don't think bad things happen very often to those who rent their points. But it is something to just be aware of if that's your plan.
 
I think that, if you frequent these boards, you have a sense of what kind of trips DVC is particularly good for. If you think that traveling in this way would suit your family's needs, then DVC is going to be a good fit for you, regardless of whether or not it's a good fit for others. The things to remember (that are particularly different from traveling to the resorts non-DVC) are that you have to be willing to plan your travel substantially further in advance (if your dates are not flexible), you're going to want to travel frequently enough (or be comfortable with renting) to use all of your points, and, if you want to stay at a resort other than your home resort, you'll likely need to be flexible with your dates, rooms, etc.. These caveats are not always feasible for families over time.

For example, my parents are DVC member empty-nesters who don't go very often--and they do not want to rent. They have wasted points in the past and have thought about selling, but want to hold onto the points for grandchildren, which are pretty much a certainty in the next 10 years. I've kind of taken over their points and book travel for other people in the family to make sure the points aren't wasted every year. They don't like to plan in advance and, at the time they purchased, thought they'd use their points to travel outside the DVC network (which, anyone here will probably tell you, is a pretty inefficient use of points.) They might represent the kind of person who sells--they were sold pretty hard while on vacation with flashy promotions (don't take any specific extra perks or benefits as set in stone for the next several decades!), made a quick purchase one year without talking to other members, and didn't really consider if the structure of travel that works best with DVC was right for them.

If you're relatively flexible in at least one way (i.e. your dates are flexible, you're flexible about where you might stay, or you're able to commit pretty far out) then I've found the booking structure to be convenient and relatively easy to change and adjust. My parents own at SSR, and because we are open to split stays, I've been able to book 2 and 3 night splits at AKL, GFV, BLT, BWV, BCV and the Poly--all for the week before Christmas and all within 3-4 months of travel. It takes persistence and flexibility, but it's completely doable. If I had my heart set on booking at 4 months out, for a full week without a split, for a very specific week in October or December or April (for example), at a monorail resort... DVC would be a terrible fit. And not all people who buy are savvy enough to understand that!
This past July, we decided to take an impromptu trip to WDW in Aug. 30 days out.

I spent several hours over two weeks piecing together: 2 nights in OKW 1br near HH, 2 nights BCV studio, 2 nights AKV Kidani Savanna Studio. (After something like my tenth rebooking with the holding points I was creating - used them all btw - a CM told me, "You certainly know how to use your points". Yes, I do..)

It was an awesome trip.

To me, putting something like that together is like a huge jigsaw puzzle. I enjoy the game. I was even able to book 7DMT FPs and BOG.

It would take a high degree of flexibility to enjoy a trip like that. I'm flexible both in what I expect from a quickly planned trip, and in the ability to book long term. My Oct, 2016 trip, for example, is already booked.

Because we're very flexible, DVC has worked great for us.

To the OP's comment, timeshare resales in general sale faster in summer and early Fall when people are just back from vacation and interested. Inventory is higher in Winter because demand is lower. That said, it's relatively a good time of year to buy. I think you can probably find deals for 3-5/point less than just a few months ago.
 
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While BLT is yet under the 10-year mark, many early buyers may have hit the point where they have simply grown out of their Disney-phase.

Or, like me, specifically Bay Lake owners might be looking at what we could get for our points, and how many MORE resale points we could get for that chunk of money. Probably just an idle thought for us, but it could easily be the thought process for some actively selling right now.
 
The sales strategy for selling DVC direct is "impulse buy". They do a very good job with a low-pressure presentation full of pixie dust. They make it rather painless to be whisked away to the sales presentation while you are on your vacation (or cruise) and already under the influence of said dust. Frequently people who purchase directly while onsite are not even aware that there is a resale market, and that older resorts may be purchased. The "guides" also stress what many of us deem to be rather useless (and even in some cases costly) "perks" - using points for cruises, ABD, RCI exchanges, Disney Collection, etc. Additionally, ease of financing is also stressed.
Some members quickly realize after the fact that they have made the wrong financial choice for their family by purchasing DVC. The reasons are many, including buying a resort which they would not be happy staying at for the majority of trips, realizing that financing this purchase means it will be many years before they will "break even" (if ever), not realizing the financial hit they would have each year with member fees which increase frequently, realizing now that they would really prefer vacationing in other locations and do not have anywhere near the number of points needed to cruise or take an ABD trip, having little or no luck with RCI exchanges desired, not understanding that a timeshare stay is not like a hotel stay (no daily housekeeping, no late checkouts, etc.), and facing the cold facts that vacationing at WDW will always be expensive - even with the resort being *prepaid* - due to always-increasing airfare, park tickets, food, etc.
DVC works great for many families, mine included. But research is essential to determine whether any timeshare, and DVC in particular, is best for your family. Many of the people who sell simply did not do enough of this research before buying. We see many posts here about people who regret buying direct and wish they had bought resale. We do not see posts about people who regret buying resale and wish they had bought directly instead.
 
Many of the people who sell simply did not do enough of this research before buying. We see many posts here about people who regret buying direct and wish they had bought resale. We do not see posts about people who regret buying resale and wish they had bought directly instead.
Just quoting this section for emphasis. Indeed.
 
This past July, we decided to take an impromptu trip to WDW in Aug. 30 days out.

I spent several hours over two weeks piecing together: 2 nights in OKW 1br near HH, 2 nights BCV studio, 2 nights AKV Kidani Savanna Studio. (After something like my tenth rebooking with the holding points I was creating - used them all btw - a CM told me, "You certainly know how to use your points". Yes, I do..)

It was an awesome trip.

To me, putting something like that together is like a huge jigsaw puzzle. I enjoy the game. I was even able to book 7DMT FPs and BOG.

It would take a high degree of flexibility to enjoy a trip like that. I'm flexible both in what I expect from a quickly planned trip, and in the ability to book long term. My Oct, 2016 trip, for example, is already booked.

Because we're very flexible, DVC has worked great for us.

This is exactly how our family travels, too-- at least until we have kids! My sister and her boyfriend are staying the week before Christmas, 2 nights GFV, 2 nights BWV, 2 nights AKL. In January I'm staying with my mom 2 nights at the Poly, 2 nights AKL, 2 nights BWV. For our first trip with a baby, I have a feeling that we'l do 3 nights at 2 or 3 places. Being able to stay close to different parks helps us keep our trip relaxed. This is a GREAT way to use up extra points and yes, always seems to surprise the CMs!!
 
For our first trip with a baby, I have a feeling that we'l do 3 nights at 2 or 3 places.

Eh, babies are easy. Put them in the Ergo, pack up, move over.

It's once they are older and you think they should be able to help with the process that thing get hard LOL.
 
DVC isn't cheaper for me, and it's not why we bought.

Because we own enough points to easily stay 3 weeks at WDW - and 4 if we stretch them, we buy annual passes.

With lodging and tickets paid already, the only expenses per trip is travel and food (and when we drive and stay in 1brs with kitchens, food and travel is much cheaper), and because we don't have to load up on trinkets because we go more often, each individual trip is less than a grand.

That means, last AP, we went to WDW (from Texas) 5 times - Sept, Nov, Feb, June, August. 29 total nights, $16/per day ticket cost.

We have a similar number of trips planned for next year.

Before DVC, we went to WDW about once every three years.

DVC changed the way we do Disney.
 
There are many reasons why people sell. The best advice I can give you is make sure you know what you are buying. I see unhappy DVC members on Facebook and most have no idea what they were buying into. They don't understand the booking process. They don't understand that DVC busy times are not necessarily the same as peak times in the parks. They don't figure in the cost of tickets, food, travel to get there etc. They don't understand that DVC does not control ticket prices, food prices etc.

Buying DVC is not the least expensive way to go to Disney but it is for us the best way to afford a two bedroom villa every time we go.
 
I can share why we just sold. We have loved being DVC members since 2003 at BCV. But my boys have gotten a bit older and they love to go to Universal and stay onsite when we got to Orlando, so we often want to use at least half of our time there. In addition, since buying my sister became a Disney CM and bought a house in Orlando so we have the option of staying with her or taking advantage of some of her many discounts. We also have just diversified our vacation interests. I don't want to spend every vacation at Disney and there are many other places to go. IMO the high cost of DVC and dues does not make it a good financial choice to trade those points unless you get an incredibly high end trade. Most timeshare weeks can be easily found and rented online for around the cost of yearly dues if not less. So for all of these reasons, and the fact that we could now get way more than what we paid for the points, we decided to sell. I will miss DVC but selling was the right decision for us.
 
In addition, since buying my sister became a Disney CM and bought a house in Orlando so we have the option of staying with her or taking advantage of some of her many discounts.

Ooh, I hope MY sister does something like that. She's going to nursing school; maybe she can be hired on in that capacity in First Aid! Hope hope hope.

But my boys have gotten a bit older and they love to go to Universal and stay onsite when we got to Orlando, so we often want to use at least half of our time there.

Right there with you. :)
 

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