Can you buy a larger contract and sell part of it?

[SEC71]

I have been looking for a small Boardwalk resale which is very hard to find. Can I buy a 150 point contract and sell 75 points?

[Deb & Bill]

Originally Posted by SEC71

I have been looking for a small Boardwalk resale which is very hard to find. Can I buy a 150 point contract and sell 75 points?

No. Only Disney can split up an existing contract. You could only resell the entire 150 points.

[bwvBound]

But 150 is already pretty small. Buy it now ... and expect to embrace them. Those extra points will shift from "excess" to "how-would-I-ever-live-without-them!" pretty quickly. Really, open your heart and you'll soon love those extra points.

- bwvBound, started with 150 point contract in May 2004

[Caren90]

Originally Posted by bwvBound

But 150 is already pretty small. Buy it now ... and expect to embrace them. Those extra points will shift from "excess" to "how-would-I-ever-live-without-them!" pretty quickly. Really, open your heart and you'll soon love those extra points.

- bwvBound, started with 150 point contract in May 2004

And then those points will become; "I think we need another 100 points"...


Stephen

[ELMC]

Originally Posted by SEC71

I have been looking for a small Boardwalk resale which is very hard to find. Can I buy a 150 point contract and sell 75 points?

Ok, so you've seen that the answer is no. But one more thing to keep in mind is that smaller contracts have a higher demand, so the prices are higher. Add in the fact that the closing costs are amortized over a smaller number of points, and the difference between direct and resale purchases narrows considerably.

My advice for a situation like this depends on what your risk tolerance is. If you have the disposable income for the initial purchase price, I would advise that you buy the 150 point contract, realize the savings that comes from buying more points, and rent out the points you don't use. Like I said, there is work involved and a certain element of risk, but if you educate yourself about the process and think it's acceptable, then I would go for it. In my mind, the difference in price per point between a 75 point contract and a 150 point contract makes it worthwhile. Crunch the numbers and see if you agree. Good luck!

[SEC71]

Thank you, I thought only Disney could split a contract. We have 250 points and my husband thinks 400 is a lot of points. I am sure I could use them or rent them if necessary!