DVC RESALES
DVC RESALES

Go Back   The DIS Discussion Forums - DISboards.com > Disney Vacation Club > Purchasing DVC
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread
Old 02-26-2013, 07:49 PM   #976
WDWfanatic2
Earning My Ears
 
WDWfanatic2's Avatar
 
Join Date: Jan 2011
Location: Connecticut
Posts: 64

New to the board. Submitted for rofr on 2/8. Received word today that we passed. It is for VWL Aug use year 160 points with 2012 banked. So excited
__________________
WDWfanatic2 is offline   Reply With Quote
Old 02-26-2013, 08:14 PM   #977
ANGRebel
Mouseketeer
 
Join Date: Nov 2009
Posts: 100

Congrats to all who passed ROFR today and good luck to those expecting to hear tomorrow!

Sent from my iPhone using DISBoards
__________________
--------------------------------------------------
October 2013 - VWL
January 2013 - Shades of Green
June 2012 - Shades of Green
December 2011 - BWV
June 2011 - AKV
March 2010 - Port Orleans - French Quarter
March 2009 - Yacht Club
ANGRebel is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 02-26-2013, 09:01 PM   #978
andy117
Earning My Ears
 
Join Date: Jan 2009
Posts: 32

Quote:
Originally Posted by silmarg View Post
1/29AM - Offered $50
1/29PM - Countered $55
1/29 - Agreed upon $52.50
2/1 - Contract Recieved
2/4 - Contract Signed
2/5 - Sent to DVD for ROFR.
What was the original asking price?
andy117 is offline   Reply With Quote
Old 02-26-2013, 10:36 PM   #979
thptrek
DIS Veteran
 
thptrek's Avatar
 
Join Date: Oct 2001
Posts: 1,312

Quote:
Originally Posted by Sandisw
Just found out my BLT contract passed!!! It is a Dec UY so was a little worried based on recent reports...so excited!!!!
Awesome. My Dec UY was picked up and now I am back to making offers. Good going.
__________________
Extreme Commando WPASADI veteran - 2006/07

New DVC Member 2013 (BLT) - First Trip Home March 14
thptrek is offline   Reply With Quote
Old 02-26-2013, 11:04 PM   #980
silmarg
SIL
 
silmarg's Avatar
 
Join Date: Sep 2006
Location: Westchester County, NY
Posts: 1,931

Quote:
Originally Posted by andy117 View Post
what was the original asking price?
$60
__________________
Sil
WDW: 1979 1982 1986 1989 1997 2000 2001 2002 2003 2004 2005(twice) 2006 2007(+4 day DCL)
2008 Aug - 15 day eastbound repo on DCL (+DL & DCA)!!!
2009 Feb - WDW (POP - buy 4 get 7 impromptu trip | Aug/Sep - Nine Days of FREE DINING and FREE SSR upgrade!
2010 Feb - Taking my parents to POR w Grand Kids | Sept - Pop Free Dining Bounce Back
2011 Feb - Grand California DVC Welcome Home | Aug - Disney Dream!!! (AKV b4 and BCV after)
2012 Feb - Carribean Beach / SSR split stay | Sept - 5 day NYC/Canadian Cruise on Magic | Oct - 3 day suprise the kids trip MNSSHP / F&W @ OKW
2013 Feb - Disney Fantasy (western) | Aug/Sept - Parents 50th Anniv. Disney Fantasy (eastern) and WDW (OKW)
2014 Feb - VGC and ABD BSM
2014 Aug - BLT
2014 Sept - Disney Magic Southern Caribbean (still on the fence on this one)
silmarg is offline   Reply With Quote
Old 02-26-2013, 11:29 PM   #981
cuteinnocent
Mouseketeer
 
cuteinnocent's Avatar
 
Join Date: Jun 2010
Location: Union City, CA
Posts: 141

Quote:
Originally Posted by mac_tlc View Post
Update for 2/19/13 -- Current data

cuteinnocent --- 310 VGC (Dec), $85, all '13 & '14 pts, buyer pays closing & mf (sub 12/3, passed 12/27)
Actually seller pays closing!
cuteinnocent is offline   Reply With Quote
Old 02-27-2013, 12:46 AM   #982
cm8
Half of the time we're rushing around to get things done last minute or we realize we're running behind so we need to catch up
 
cm8's Avatar
 
Join Date: Nov 2009
Location: DI, SC
Posts: 5,955

Congrats to all of you who passed ROFR
cm8 is offline   Reply With Quote
Old 02-27-2013, 07:51 AM   #983
shwn
Earning My Ears
 
Join Date: Sep 2011
Location: Raleigh, NC
Posts: 72

Congrats to everyone that passed ROFR yesterday or are waiting to hear today! Tons of great deals- congrats. And some people passed so quickly- awesome!!!
shwn is offline   Reply With Quote
Old 02-27-2013, 12:19 PM   #984
psac
DIS Veteran
 
psac's Avatar
 
Join Date: Jan 2009
Location: Staten Island, NY
Posts: 2,324

Quote:
Originally Posted by Joey7295 View Post
Submitted today 2/25

AKV 160 points December UY - $60/point. 160 banked 2011 points, 160 2012 points and all 160 going forward. Buyer pays closing, 2013 MF, and admin fee.
Ours was submitted a few days ago (end of last week, early this week, not sure which), exact same terms except no 2011 points. I thought we got a great deal, but your deal is even better. Hopefully then if they refuse one contract, it won't be ours. Good luck to both of us!
__________________
“It's kind of fun to do the impossible.” - Walt Disney
Upcoming BWV Dec'14
Past AKL-K Apr'14, BWV Nov'13, VWL/DCL Fantasy Sep'13, Poly CL Jul'13, AKL CL Apr'13, BWV Nov'12, BC CL Jun'12, BLT Apr'12, BWV Nov'11, CR Jul'11, BWI CL Nov'10, GF CL Apr'10, GF Apr'09, Omni Champ. Apr'07, POR Oct '03
psac is offline   Reply With Quote
Old 02-27-2013, 12:37 PM   #985
elcid3
Earning My Ears
 
elcid3's Avatar
 
Join Date: Feb 2013
Location: Los Angeles, CA
Posts: 54

AVP Calculator

Thanks for posting the formula. I plugged it into Excel but I'm not sure I'm using it correctly. Do you mind posting an example? Feel free to use the data for a contract I just purchased. It has 210 points from 2012, 2013, and 2014. Since I'm not paying 2012 or 2013 dues, I put 420 under XP's.

XP 420
MP 0
AD $5.84
CP 210
AP $50.00 (which is what I paid)

AVP - Extra Points $38.32

What I'm confused about is does this mean I should have only paid $38.32 per point? Or is the AVP the value over the asking price? If I increase the XP number, shouldn't the AVP increase?

thanks

Quote:
Originally Posted by moreisgood View Post
As you'll see, I was an engineer before I was a real estate agent. A little nerdy, but I think it's a realistic way to compare resale contracts.

DVC Contract Point value calculations
Looking for the AVP or actual value per point, of a contract.
--------------------------------------------------------------------------------------------------------------------
XP = Extra points available with the contract, from previous years, ex. 2011, 2012 points
MP = Missing points from the contract, from this year or future years, ex. 2013, 2014 points
AD = annual dues/point for the resort
CP = number of points on the contract each year
AP = asking price per point for the contract
AVP = actual value per point of the contract
------------------------------------------------------------------------------------------------------------------------
IF there are Extra points (points available outside of the current year – now 2013)
AP - ((XP x AD) /CP ) = AVP

AVP should be more than the AP.
Hint – if there are exactly a year’s worth of extra points, the AVP will just be the AP – AD.

IF the contract is missing points (no points for the current year, or even next year)
AP + ((MP x AD) /CP ) = AVP
AVP should be less than the AP.
Hint – if there are exactly a year’s worth of missing points, the AVP will just be the AP + AD.

If the contract has no extra or missing points, the AVP is the AP – no math needed.
-----------------------------------------------------------------------------------------------------------
You could take this one step further, and use $11 instead of the AD, if you were planning to rent the points out.
elcid3 is offline   Reply With Quote
Old 02-27-2013, 12:55 PM   #986
kenspidey
Mouseketeer
 
Join Date: Feb 2013
Posts: 226

Just passed ROFR

6OK94 Old Key West (Extended 2057) 100 Oct 140 points for 2012 (100 + 40 banked 2011) + 100 for 2013. $69.00 per point.
kenspidey is offline   Reply With Quote
Old 02-27-2013, 02:24 PM   #987
ozzie2131
Earning My Ears
 
Join Date: Feb 2013
Location: Chicago
Posts: 19

Off to ROFR World

Our contract for BWV has been sent to disney for ROFR. $55.00 for 150 points with 300 points available this year and all points available 2014 March use year. This will be my wifes and my first contract and am hoping it goes through. We decieded to buy in December when we found out we were pregnant with our first baby. What better gift could we give our baby then a lifetime of great vacations. So wish us luck.
ozzie2131 is offline   Reply With Quote
Old 02-27-2013, 02:39 PM   #988
silmarg
SIL
 
silmarg's Avatar
 
Join Date: Sep 2006
Location: Westchester County, NY
Posts: 1,931

Quote:
Originally Posted by ozzie2131
Our contract for BWV has been sent to disney for ROFR. $55.00 for 150 points with 300 points available this year and all points available 2014 March use year. This will be my wifes and my first contract and am hoping it goes through. We decieded to buy in December when we found out we were pregnant with our first baby. What better gift could we give our baby then a lifetime of great vacations. So wish us luck.
I wish we did it when the kids were born. Well done Ozzie!
__________________
Sil
WDW: 1979 1982 1986 1989 1997 2000 2001 2002 2003 2004 2005(twice) 2006 2007(+4 day DCL)
2008 Aug - 15 day eastbound repo on DCL (+DL & DCA)!!!
2009 Feb - WDW (POP - buy 4 get 7 impromptu trip | Aug/Sep - Nine Days of FREE DINING and FREE SSR upgrade!
2010 Feb - Taking my parents to POR w Grand Kids | Sept - Pop Free Dining Bounce Back
2011 Feb - Grand California DVC Welcome Home | Aug - Disney Dream!!! (AKV b4 and BCV after)
2012 Feb - Carribean Beach / SSR split stay | Sept - 5 day NYC/Canadian Cruise on Magic | Oct - 3 day suprise the kids trip MNSSHP / F&W @ OKW
2013 Feb - Disney Fantasy (western) | Aug/Sept - Parents 50th Anniv. Disney Fantasy (eastern) and WDW (OKW)
2014 Feb - VGC and ABD BSM
2014 Aug - BLT
2014 Sept - Disney Magic Southern Caribbean (still on the fence on this one)
silmarg is offline   Reply With Quote
Old 02-27-2013, 06:11 PM   #989
BuffaloJim
Mouseketeer
 
Join Date: Feb 2012
Location: Buffalo, NY
Posts: 108

Passed ROFR...

220 OKW (Dec)

all 12, 13, 14

$57, submitted 1/30, passed 2/26

Buyer pays MF
BuffaloJim is offline   Reply With Quote
Old 02-27-2013, 06:36 PM   #990
cz4ever
Imagineer-in-training
 
cz4ever's Avatar
 
Join Date: Jun 2012
Location: Austin, TX
Posts: 199

Quote:
Originally Posted by elcid3 View Post
Thanks for posting the formula. I plugged it into Excel but I'm not sure I'm using it correctly. Do you mind posting an example? Feel free to use the data for a contract I just purchased. It has 210 points from 2012, 2013, and 2014. Since I'm not paying 2012 or 2013 dues, I put 420 under XP's.

XP 420
MP 0
AD $5.84
CP 210
AP $50.00 (which is what I paid)

AVP - Extra Points $38.32

What I'm confused about is does this mean I should have only paid $38.32 per point? Or is the AVP the value over the asking price? If I increase the XP number, shouldn't the AVP increase?

thanks
DougEMG posted a similar formula a while back (perhaps in a previous iteration of this thread). Basically, it's a way to compare contracts in a way that accounts for how many points are/aren't bundled in the sale. A $50/pt contract with no points in 2012, 2013, and 2014 is a much worse deal than a $65/pt contract with all 2011, 2012, and beyond points, and it's important to consider that when comparing two contracts/deals. A more complete formula would also account for who pays the maintenance fees and closing costs, which are especially important for small contracts.

For your example, XP should only be 210 points, since only one year's worth of "extra" points were bundled -- the 2012 points. 2013 points are this year's points. 2014 points are a twinkle in our imagination.

Finally, I suggest using a fixed rate of $10 or $11 for each extra point, not the Annual Dues rate, since that represents how much it would cost to buy (rent) the points on the open market. When you do the numbers, the bottom line is "fully loaded contracts are worth a helluva lot more than stripped ones, like $30/pt more".

BTW, yours was a very good deal. If it had included the 2011 points, it would have been an insanely good deal (now -- those types of deals were not all that uncommon during the lowest points of the recession).
cz4ever is offline   Reply With Quote
Reply



Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DVC-Resales.com | 1-800-550-6493 (Contact The Timeshare Store) | DVC Resale Listings

facebooktwittergoogle plus youtube itunesDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 02:53 AM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.

You Rated this Thread: