AKV resale prices May 2013

Discussion in 'Purchasing DVC' started by dmunsil, Jun 9, 2013.

  1. dmunsil

    dmunsil Disney Uber-Nerd

    Joined:
    Jan 11, 2008
    Messages:
    865
    And that's the last of the WDW resorts. Yay? :)

    These are the resales for the month of May 2013 for Animal Kingdom Villas. Because there were too many sales, I decided to sample, like I did for SSR. There were 52, so I looked at every other one. I did both of the ROFRs.

    The title companies are Magic Vacation Title (MVT), First American Title (FAT), Timeshare Closing Services (TCS) and Timeshare Title & More (TTM).

    Standard caveats apply:

    - The date listed is the date on the deed, which is typically shortly after the ROFR waiver comes. The actual price was negotiated 3-4 weeks prior, so these prices are lagging about 2 months.

    - The price is calculated from the Florida deed document tax, which gives the price to the next highest multiple of $100. As a way of trying to compensate for that, I've rounded all of the prices down to the nearest dollar, which I think is right more often than not.

    Code:
    Sales
    Date    Points  UY       Sale PPP  TitleCo 
    15-Apr  150     Jun      $65.00    MVT
    18-Apr  160     Dec      $59.00    MVT
    22-Apr  160     Dec      $60.00    FAT
    24-Apr  160     Apr      $67.00    TTM
    25-Apr  210     Feb      $69.00    MVT
    26-Apr  160     Mar      $64.00    MVT
    27-Apr  360     Feb      $68.00    TTM
    29-Apr  185     Feb      $63.00    TTM
    29-Apr  160     Dec      $56.00    TCS
    29-Apr  211     Dec      $70.00    MVT
    1-May   225     Dec      $66.00    MVT
    2-May   160     Sep      $67.00    FAT
    2-May   160     Dec      $75.00    TTM
    6-May   75      Aug      $76.00    FAT
    7-May   160     Dec      $60.00    FAT
    10-May  180     Dec      $61.00    TTM
    10-May  160     Sep      $72.00    MVT
    10-May  180     Dec      $65.00    FAT
    11-May  250     Oct      $65.00    MVT
    13-May  260     Apr      $64.00    FAT
    16-May  160     Jun      $71.00    TTM
    20-May  100     Sep      $75.00    MVT
    20-May  270     Mar      $68.00    MVT
    21-May  270     Jun      $66.00    TTM
    21-May  210     Aug      $72.00    TTM
    22-May  160     Dec      $65.00    FAT
                                      
    ROFR                                
    Date    Points  UY       Sale PPP        
    5-May   225     Mar      $45.00         
    6-May   160     Mar      $45.00         
    Median sale price was $66. Median ROFR price was (obviously) $45. So I think we may have an actual floor for AKV! :rotfl2:

    Both of the ROFRed contracts were owned by the same person. My guess is she tried to unload the whole thing in one quick sale. And succeeded!
     
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  3. RobynPrincess

    RobynPrincess Looking around

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    This is so helpful! Thank you :) we are about the $57 per point mark for the contract we have offered, I hope Disney allow it to go through!
     
  4. kedkin

    kedkin Earning My Ears

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    May 9, 2013
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    38
    Thanks for pulling all this together. I just purchased through resale for $67 a point which I thought was a decent price, wish I saw this prior to making my offer. But these are also 2 months ago prices but still probably could have gone lower.
     
  5. I❤MICKEY

    I❤MICKEY DIS Veteran

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    What does ROFR stand for?
     
  6. kedkin

    kedkin Earning My Ears

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    Right of first refusal, when you sell your DVC points, before the sale occurs, it goes to Disney first who has the option of buying that contract at what they were selling it for. The seller then still sells their points at what was offered, it's just tht disney gets the contract instead of the buyer who made the offer. So the game is to try and figure out how low you can offer without Disney grabbing it.
     
  7. I❤MICKEY

    I❤MICKEY DIS Veteran

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  8. blessed2BaMama

    blessed2BaMama Earning My Ears

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    Jun 3, 2013
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    27
    Thank you so much for your phenomenal work in acquiring and processing this data!! Hopefully ours will be one of your June postings passing ROFR!! I appreciate all you do and share with us!!
     

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