Fair Market Value for resale AKL points?

Discussion in 'Purchasing DVC' started by mom2princess&pirate, Apr 18, 2013.

  1. mom2princess&pirate

    mom2princess&pirate Mouseketeer

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    Is this even answerable? We are looking to buy between 250-300 points at AKL through resale. We are somewhat new to this and I just want to make sure we get out points at the best price possible.

    Has anyone here recently attempted to buy in to AKL recently? How many passed ROFR?

    I am both nervous and excited at the same time. We are putting in an offer tonight and wanted to get your opinions!
    Thanks,
    Heidi
     
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  3. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    Read through some of the posts in this section and check out the ROFR thread for some current pricing.

    :earsboy: Bill
     
  4. Meggysmum

    Meggysmum Mouseketeer

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    I don't think there is much chance of AKL falling at ROFR unless the price is ridiculous as dvc still have inventory to sell there. Check the ROFR thread, I can't do links on my tablet unfortunately. This will give you an idea of what people are paying but larger contracts are sometimes a little cheaper than small ones and banked points increase the value too.
     
  5. mom2princess&pirate

    mom2princess&pirate Mouseketeer

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    oops! I have lookied in the thread mentioned but always jumped to the end of it to see what was being accepted. Didn't realize it was all listed in the first post!!! :laughing:
    Thanks!!
    Heidi
     
  6. TinkTatoo

    TinkTatoo <font color=peach>Has a Tink tattoo on her shoulde

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    I'm going through ROFR on AKL points and have been watching the market for quite a while. Smaller contracts seem to get snapped up almost immediately but larger ones like you're looking to buy aren't moving as quickly and I've seen a few that have been hanging around for a while. With this in mind I'd definitely offer below the asking price and pitch it somewhere in the mid to high $60's but as the others have said, do your research and perhaps even offer lower if your comfortable with it.
     
  7. lovin'fl

    lovin'fl DIS Veteran

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    We closed on AKV contract in March...100 points and we paid $66 (and paid CC and MF too). They listed it at $69. ROFR took 29 days and entire process took 2 months from offer (1/19) to making a reservation using the new points (3/18).
     
  8. fortheloveofminnie

    fortheloveofminnie Earning My Ears

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    I had a 200pt AKV contract with a Dec UY and all 2013 points going forward that passed last month at $61/pt. But it took a while to find a contract I liked at that price. Many sellers weren't willing to go below the mid 60s. I had the time so I was patient. I was rejected many times before I had an offer that was accepted. So even if people list their very good deals on the ROFR thread, they may have waited a long time to get that deal. Also, people who feel like they overpaid may not submit info at all. Just something to keep in mind. Good Luck!
     
  9. UFlawgator

    UFlawgator Earning My Ears

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    We just made it through ROFR last week for a 100 point contract at AKV. Have sent our closing papers back to the Title Company, so it shouldn't be too much longer until closing. The sellers' counteroffer gave us a choice of $65 pp or $67 pp and splitting closing costs. We chose the 2nd option as it was just a few dollars cheaper overall. No 2013 points, but we didn't pay 2013 MF either. I think most contracts are passing ROFR at AKV right now unless really, really low. I felt like our negotiations were probably about average for AKV. Good luck!
     
  10. savannahcat

    savannahcat DIS Veteran

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    We just closed last month on 100 AKV points with an Oct UY. Our contract was completely loaded with all 2011, 2012, and 2013 points. We paid asking price of $69/point because I didn't have the patience for multiple offers on multiple contracts over a period of time. I saw a contract we liked at a price we could live with and jumped on it. We are renting the 2011 points which will net a final price in the neighborhood of $59/point, excluding closing costs and MF.
     
  11. ozzie2131

    ozzie2131 Earning My Ears

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    I just passed ROFR on Monday for Feb use year 185 pts at 63 a point. No points available in 2013.
     
  12. bookwormde

    bookwormde <font color=darkorchid>Heading out now, another ad

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    prices have ranged from $50 to into the 60s recently, although prices have gone up a little in the last month
     
  13. DVCcurious

    DVCcurious Mouseketeer

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    It looks like $70 is kinda the normal asking price.
     
  14. AppleDisneyDad

    AppleDisneyDad Quietly Lurking

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    Interesting range of prices. As my father-in-law says, the value of something is the price a willing and able buyer is willing to pay. Find a point that you will be happy paying and negotiate to or below that point.

    Everything seems to be negotiable except that doggone $195 fee from Fidelity...
     
  15. PCMama

    PCMama Mouseketeer

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    You can negotiate that too and have seller pay...
     
  16. mom2princess&pirate

    mom2princess&pirate Mouseketeer

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    Thank you all for your help!!!


    One more question...is it acceptable to ask the seller to pay or the 2013 membership fees? They are asking for the total fee and we will not get the points until September. We'd have the pay the fees again in January 2014.

    Thanks!
    Heidi
     
  17. Disneylvr4

    Disneylvr4 Mouseketeer

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    If I were selling I'd agree to pay the MF's up to the point of closing. In other words, I'd counter that you pay Sept-Dec since it would be yours for that time period forward. You can always try to get them to pay the entire amount...it could happen!
     
  18. Bobby Pic

    Bobby Pic Earning My Ears

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    My AKV contract went to Disney yesterday for ROFR. 175 pts Dec UY loaded with all points 12, 13 & 14. I paid $67pp, but I got the seller to pay 2013 MF, which really made it $61.33pp the way I figure. I went with Fidelity, as they have the best prices and I think you can do more negoiating for lowest price. I will warn you that if you use Fidelity, you need to have patience. If you are in a hurry you may want to look at TSS. I am a first time buyer and I will say you can learn alot from the folks on this site. I feel they heped me save $$ and I found the contract I was looking for. Good luck to you
     
  19. mom2princess&pirate

    mom2princess&pirate Mouseketeer

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    We did it!!! Put our offer in this morning, got a counter offer and accepted! I'm so excited! :jumping1:

    We ended up paying $70/pt for 270 points at AKV Sept. use year. It sounds higher than others were paying but use year month was really important to us and we got exactly what we wanted!!! I guess now the real waiting begins.

    We are working with Jason at The Timeshare Store and he has been GREAT!! Awesome communication and responds very quicky to emails.

    Thanks again for all of your responses!
    Heidi
     
  20. CarolMN

    CarolMN DVC Co-Moderator Moderator

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    Good for you! Hope you clear ROFR and can get into the system soon.
     
  21. Splashboat

    Splashboat Always looking for cheap airfare

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    Congratulations OP. Love AKV!!!
     

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