DVC RESALES
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Old 09-29-2013, 03:18 PM   #16
BWV Dreamin
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Inventory traditionally increases in the fall due to impending MF's due in January. So those interested in selling will do so around this time to get out of paying those annual MF's.

I would rather see what the inventory looks like in late winter, early spring. This may be a truer indicator of actual increased/decreased inventory, thus supply and demand influencing prices.

I would personally not be waiting for the inventory factor. Rather, work on the brokers to present your offer and educate the seller. Even though there is SUPPOSED to be a fiduciary agreement, in the end, its their commission that matters most to them.
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Old 09-29-2013, 04:07 PM   #17
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IMO, you should offer and be willing to pay what you feel is a good deal for the contract you are getting.

When I bought, I made up my mind where I waned to be and went out looking for a contract that would work. It took me 4 tries to find an owner to sell me my BWV at what I considered a good price and 2 tries for my most recent BLT contract.

If you really want this one and are comfortable going higher, do so...if not, try for another one. Eventually, you will find one that seems to work well...

Good luck!
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Old 09-30-2013, 08:20 AM   #18
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Quote:
Originally Posted by Kidanifan08 View Post
I think the days of getting AKV in the $60's are over for now, even for large contracts, unless they are stripped. I paid $72/pt for a 100 point contract back in April. The seller had a loan and could not go any lower. Sellers and their brokers know that DVC resales are commanding a higher price than a year ago, and the good broker should be counseling the seller to list a little higher. $80 or even $83 per point is still a huge savings from the current $150/pt plus $12/pt incentive that is offered for a contract the size you are looking at.

With that said, I would think you could get it for somewhere in the mid-70's for a contract of the size you are considering. There is generally a fairly good supply of 160-300 pt AKV contracts, so there is a fair amount of competition for the sellers. If getting something for less than $75/pt is what you want, it will take some patience, but you should be able to get it. Just watch the major resale websites daily for new listings. I even would watch contracts to see how long they were listed and try to bid on the ones that have been there for awhile, thinking that the seller would be anxious to just be done with the process and take a lower price.

Unfortunately, there are still many AKV contracts where the sellers have a sizable mortgage and they may not be able to go too low. If a seller is being too rigid, all you can do is move on.

Good luck! Our home resort is AKV, and we love it!
I think this upswing is temporary but with the Poly coming, it may take a couple of years for things to trend back down. Whether it's worth waiting and missing out on a couple of years depends.
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