BWV resale price per point range?

Discussion in 'Purchasing DVC' started by Disneymooner07, Jan 16, 2013.

  1. gatorgirl02

    gatorgirl02 Mouseketeer

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    I will add in there that although all brokers are essentially created equal in the services that they provide, some are more buyer-friendly, while others clearly cater more towards the seller. Generally, Fidelity would be who I buy from, as they never balk at any offers and they will generally negotiate, whereas other brokers tend to stick to their guns on price and leave little wiggle room for negotiating, let alone offers way below (say $10pp below) asking price.
     
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  3. CarolMN

    CarolMN DVC Co-Moderator Moderator

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    Maybe this is more a reflection of the type of sellers each broker gets. Fidelity gets a large share of its inventory as a referral from Disney. My belief is that many of those are underwater or have other reasons for wanting to sell quickly. Those sellers are more likely to be receptive to lower offers than someone who has had their membership for several years and is just ready to move on. FWIW, some sellers tell their brokers up front that their selling price is firm and not to bother them with lower offers. They may change their mind if the contract goes unsold for a while.

    IMO, one should check out all the brokers' inventories and look for the contract that best fits their needs.
     
  4. a742246

    a742246 And, and, and I caught a fish this big!

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    As OF 1/1/13 Fidelity is charging an extra 195.00 processing fee. I do not believe the other resellers are though.
     
  5. Disneymooner07

    Disneymooner07 Mouseketeer

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    Well, we're going to try and book a Grand Villa for a week, so I'm worried that it'll book up pretty quickly! We're flexible if need be, but I'm sure you can all relate to wanting to get to Disney World sooner rather than later :rotfl:

    I've made two offers through Rachel at Fidelity so far and one through another company - the one at the other company is the one that made me pose this question for this thread because she kind of made me feel like I was crazy to try and make a lower offer. Rachel has been very nice and encouraging, which just makes me want to buy through Fidelity!
     
  6. radmcg

    radmcg Mouseketeer

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    Great Thread. To the OP I was doing the same thing looking for 100 points at BWV. Have missed 3 by being to late and 2 my offers not accepted. I have been surprised by the BWV in the 50s on bigger contracts. I finally got on one brokers resort specific list and within 2 weeks got an email with my current UY (Feb). All banked 2012 and forward. I didn't bother negotiating just paid full price. Its all in what its worth to you. Any other UY with different amount of points (80-130 was my range) and only 2013 points were contracts I negotiated on. This contract was exactly what I wanted so even if I had gotten it "right " I would have saved what 500.00. Don't get me wrong I love a deal as good as the next guy but it all comes down to value to you. Cash is cash and writing that check is not fun but like others have said: Look at the cost of the entire contract and the 1,000.00 you saved on the buy in becomes insignificant to the overall cost. Unless your an accountant and want to figure in future value of a dollar.:) Which right now what are your fixed investment yielding? Maybe 4% if your lucky. If its perfect buy it if its not negotiate!
    Thanks to all on this site I learn something everyday.
     
  7. Disneymooner07

    Disneymooner07 Mouseketeer

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    Thanks for this - I feel like I'm just kind of grasping at straws through this process, but it's great having a support network here on this board :thumbsup2 I'm just trying to get into the club! :sad: :rotfl:

    Quick question - how do you get on a broker's resort specific list?
     
  8. ELMC

    ELMC DIS Veteran

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    Hate to burst your bubble, but the only "club" that we actually belong to is the group of people who get a ginormous bill in the mail every December. :)

    You ask. :) No seriously, tell a broker that you are are looking to buy now and what it is you are looking for. They will probably contact you when they have something come in that meets your needs. Keep in mind that this shouldn't replace your searching, as I've heard mixed stories about how well this approach does or does not work.
     
  9. Disneymooner07

    Disneymooner07 Mouseketeer

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  10. ELMC

    ELMC DIS Veteran

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    Yes, and that's the best and worst part about it. You get all excited that you got mail from Disney and then it turns out to be a bill. It's the ultimate letdown. :)

    Talk to MS and they can put you on a monthly draw from your bank account. I actually like the January billing because my job is mostly bonus based, which comes the last week of December. It really helps to soften the blow...especially on 575 points.
     
  11. DougEMG

    DougEMG DIS Veteran

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  12. Caren90

    Caren90 DIS Veteran

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  13. kenly777

    kenly777 Mouseketeer

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    I'm waiting on rofr on a 250 pt BWV contract @ $60 pp. I keep hoping that I didn't offer to much (only 72 2013 pts), as others are getting $50 and $55 deals, but then I also don't want to lose the contract in rofr. Does this seem like a typical price for a contract like this? Contract through Timeshare Store.

    I keep wondering about these Fidelity contracts as I don't see any of the really low contracts on there. Am I missing something?




    :flower3: Learning a lot reading the boards!
     
  14. ELMC

    ELMC DIS Veteran

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    Whether or not you paid too little or too much is subjective. I will say, however, that paying extra as "insurance" to pass ROFR is money wasted...especially at a resort with a very low instance of ROFR activity.
     
  15. kenly777

    kenly777 Mouseketeer

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    I didn't add extra for insurance for rofr. $60 pp seemed like a reasonable price, but now seeing people get contracts for $50 and $55 pp makes me wonder about the price is all.
     
  16. ELMC

    ELMC DIS Veteran

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    I apologize if I misunderstood what you were saying or offended you. To your point, BWV contracts are highly desirable right now, so many people are willing to pay higher prices simply to get one. My feeling is that $50 or $55 for BWV is the exception, not the rule these days. Congrats on your purchase. :)
     
  17. MickeyFan612

    MickeyFan612 Mouseketeer DVC Gold

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    You still saved 50% buying resale- plus you don't have any maint fees til 2014? Extra points would have been an added bonus but plenty of people are having to settle for semi-stripped BWV contracts due to the current lack of supply! 50-55/ point is not an easy price to come by! As for Fidelity Pricing you must stalk the site and when the few loaded, well priced new listings pop up you must hope you are the first one to submit an offer. Usually a lot of competition for those!
     
  18. MDdriver

    MDdriver Earning My Ears

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    I just passed ROFR a couple of days ago on a contract for 200 pts at BWV for $50/pt. It was listed for $50/pt the previous night. I called 5 minutes after Fidelity opened and offered full price. I knew it would not last long, and turns out several people called after I did. Bottom line is, I found out the seller was behind on their MF's and could not afford them anymore, thus the reason for the low price for a quick sale. I happened to be at the right place at the right time and it worked out for me. The low price contracts are out there, but they do not last long and you have to jump on them before anyone else. Good luck on passing ROFR and your search
     
  19. kenly777

    kenly777 Mouseketeer

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    I am quite pleased with the 50% savings over buying direct, plus, you are correct, no fees until 2014. Guess if I would like to add to this contract or pick up another, I will have to watch the lists carefully and see if anything pops up.

    Thanks for the good wishes with rofr! If all goes well, I should find out right before my birthday.princess::cake:
     
  20. davedmaine

    davedmaine DIS Veteran

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    So let me think then.. How do they get bigger comissions? I think we know who they work for..
     
  21. fmer55

    fmer55 DIS Veteran

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    and let me think.......No sale = no comission, they match buyers and sellers:smokin:
     

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