DVC RESALES
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Old 08-10-2013, 02:24 PM   #16
debedo
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Thanks BLT tinkerbell! Appreciate the quick reply.
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Old 08-10-2013, 03:38 PM   #17
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I do think some resale buyers get tunnel vision on the initial "deal". They will get tied up trying to save $3 to $5 on a resale contract that equates to a few hundred dollars to sign up for a timeshare that has a long term maintenance commitment that will make that amount almost meaningless.

I am all for getting the best deal. However, do not lose the big picture, the few dollars difference per point in upfront cost is almost nothing compared to your long term maintenance cost plus overall vacation cost (travel, tickets, food, etc.) to use your points. If a few dollars per point upfront is making this a "bad deal" for you, you might question buying the long term timeshare at all.

To me, you need to be saving in the thousands upfront (like direct vs. resale) to move the long term needle on total cost of ownership considering all the other costs involved in maintaining and using your points.

Just a different perspective.
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Old 08-10-2013, 06:45 PM   #18
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Prices have also climbed fairly quickly - they haven't been stable. A deal that passed ROFR last week is a month old already - the posts from the beginning of that thread were deals offered up in June - and if you go back a thread, its pretty pointless at the rate the prices have been climbing.

I agree with nd43 - don't get lost in the initial deal - especially if you "need" the points for a trip in the next year. It will be at least six weeks between offer and being able to make a reservation - more likely close to three months - if you add three months of trying to save yourself $300 or $500 on a contract, you may miss the boat on your next vacation. The costs in your Disney vacation - not just your ownership, but tickets, food, travel - over your ownership is going to make a few hundred - even a few thousand dollars seem paltry.
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Old 08-10-2013, 09:44 PM   #19
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I can understand the point about the ROFR being a "bragging" board to a certain degree - people are excited to share low priced deals, but it was easily the most useful resource to me when shopping around. I'm sure that the average price posted there is lower than the actual average - but I don't see why that really matters. These are actual negotiated prices and deals that people are getting so I see no reason to think you can't get deals at those prices as well. If you are serious about purchasing, the key is checking the listings every day (maybe twice a day) and being ready to make an offer immediately. The deal I found was posted in the evening and I made an offer at 9AM sharp the next morning when the Fidelity reseller office opened. If you wait on a deal it will go away, but there are plenty of deals to be had for those who are both patient and persistent.
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Old 08-11-2013, 11:00 AM   #20
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You can go anytime you want. Book home resort 11 months before trip, other DVC resorts 7 months before trip.
I just don't get where this is a good program. I could see booking a cruise that far in advance, but not a trip to the parks. DVC would never work for me.
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Old 08-11-2013, 11:23 AM   #21
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I just don't get where this is a good program. I could see booking a cruise that far in advance, but not a trip to the parks. DVC would never work for me.
No it wouldn't. I could plan 2-3 yrs out if they'd let me!
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Old 08-11-2013, 11:52 AM   #22
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I can understand the point about the ROFR being a "bragging" board to a certain degree - people are excited to share low priced deals, but it was easily the most useful resource to me when shopping around. I'm sure that the average price posted there is lower than the actual average - but I don't see why that really matters. These are actual negotiated prices and deals that people are getting so I see no reason to think you can't get deals at those prices as well. If you are serious about purchasing, the key is checking the listings every day (maybe twice a day) and being ready to make an offer immediately. The deal I found was posted in the evening and I made an offer at 9AM sharp the next morning when the Fidelity reseller office opened. If you wait on a deal it will go away, but there are plenty of deals to be had for those who are both patient and persistent.
One of the reasons people are quick to point out that the ROFR threads are just a snapshot of buyers is because people reading them would get frustrated that they couldn't find the same kind of deals they were reading about. Things to note, not all brokers are as willing to broker low-ball deals. Don't just look at the per-point price, factor MFs and closing costs into the bigger picture. And plan to be patient if you're truly looking for rock-bottom deals. You will hear lots of nos before you get the yes you're looking for.
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Old 08-11-2013, 11:58 AM   #23
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No it wouldn't. I could plan 2-3 yrs out if they'd let me!
I can only dream! Maybe once we retire......
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Old 08-11-2013, 12:13 PM   #24
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No it wouldn't. I could plan 2-3 yrs out if they'd let me!
I know what. Want to do for the next 3 trips
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Old 08-11-2013, 12:14 PM   #25
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One of the reasons people are quick to point out that the ROFR threads are just a snapshot of buyers is because people reading them would get frustrated that they couldn't find the same kind of deals they were reading about. Things to note, not all brokers are as willing to broker low-ball deals. Don't just look at the per-point price, factor MFs and closing costs into the bigger picture. And plan to be patient if you're truly looking for rock-bottom deals. You will hear lots of nos before you get the yes you're looking for.
I agree you could miss out on several good deals waiting for that one elusive great deal that the ROFR thread gave you hope you could get.
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Old 08-11-2013, 05:54 PM   #26
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There are many adjectives that can be used to describe the deals found on the ROFR thread, specifically the lower priced deals. I think the word "possible" is much more appropriate than the word "likely".
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Old 08-11-2013, 07:30 PM   #27
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There are many adjectives that can be used to describe the deals found on the ROFR thread, specifically the lower priced deals. I think the word "possible" is much more appropriate than the word "likely".
agreed.

Also, there is a lot of value in them especially BECAUSE they are skewed low. They aren't designed, by my understanding, to show you average sales prices but rather to suss out the mysterious place that Disney may or may not be drawing the ROFR line. NOT to determine fair market price. Does that make sense? They are shining a light on the basement floor. The higher the contract listed, the less useful it is, unless we see Disney snatch it, and can infer that they are just taking whatever they need at whatever price it's available.

I also agree with the poster who said she used the boards to find a reasonable price--not too high not too low. Some people do a lot of research and shop at a lot of stores to find a fair price. Some pay rack rate and cement a deal that fits at a price they can afford. We tend to shop around a bit for items that are exactly the same. My mom would just buy the first one that fit her needs and be just as happy as us.
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Old 08-11-2013, 08:41 PM   #28
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When I was buying I used the thread to see at what price Disney was taking...I wanted to make sure I didn't go through the process only to be let down and have to start over. I knew I wasn't getting a steal but it was important to me to close a deal and get vacationing. There may be some bragging, but it is a great tool for buyers, and I'm glad to have it...to OP, good luck with your search!
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Old 08-12-2013, 11:08 AM   #29
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No it wouldn't. I could plan 2-3 yrs out if they'd let me!
Yup, I'm with you! I guess it does support the theory though that DVC is really for those who can and want to plan Disney trips in advance. If someone is a last minute planner-6 months or so--then I can understand how this could be seen as a difficult program.
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Old 08-14-2013, 12:03 PM   #30
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Thank you all for the input, its great to get a different perspective. I think my best option is to just make offers and see what happens.
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