Looking for Resale Info

[PoohGirlNJ]

I've done a forum search but don't find what I'm looking for, which I thought surprising, I'm sure this topic has been discussed. But, anyway--any recommendation(s) of reputable DVC resale agents? We are just curious how much ours might be worth. We're truthfully not serious about actually selling, more curiosity.

 

[DisneyRegulars]

We bought our resale contracts through TimeshareStore. Fidelity is another reputable dealer. There are two more I think, but since you are curious only about price these two should give you a good idea.

Also, check out the ROFR thread in the dvc purchasing forum. That thread lists actual prices people are paying for contracts and may be a better source of value info.

 

[DisneyRegulars]

This thread here:
http://www.disboards.com/threads/ro...or-instructions.3364441/page-34#post-53475235

 

[PoohGirlNJ]

Having never done this (or even researched before) I am ignorant of the terminology in the thread you shared (thank you for that, BTW). What does "ROFR" mean? I see "Sent" vs. "Passed." I'm guessing they mean that the offer to sell was either submitted or accepted--correct?--but to whom?

And, boy, the format for the info is confusing as all get-out. Is there also an explanation of what all that means?

Sorry, I'm really not as dense as I sound. Just learning. Thanks.

 

[smjj]

Timeshare Store for our 2 purchases and no issues...smjj

 

[chalee94]

Having never done this (or even researched before) I am ignorant of the terminology in the thread you shared (thank you for that, BTW). What does "ROFR" mean? I see "Sent" vs. "Passed." I'm guessing they mean that the offer to sell was either submitted or accepted--correct?--but to whom?

disney has "Right of First Refusal" (ROFR) on all resales.

so if i decide to sell to you for $70 per pt, disney gets to take a look at our contract before it is final. (that would be the date the contract is sent for ROFR.)

if they think you did a great job negotiating the price (or want that particular contract for a direct purchaser who is currently on a waiting list for that resort...or they are just feeling spiteful and have the extra cash), then disney can choose to "step into the shoes of the buyer" and take the contract away from you. as the seller, i would still get everything i agreed to in our contract, but disney would pay me and take the DVC contract back (to eventually resell at a higher price). i think disney has 30 days to decide.

if disney passes on the contract, then that would be the date "passed".

ROFR allows disney to annoy potential resale buyers (by either delaying their purchase or else taking it away from them and making them start over). the ultimate goal is to push people to pay extra to buy directly from disney. (but if they can pick up some cheap pts to sell to buyers on a waiting list, i'm sure they don't mind making the extra profit.)

And, boy, the format for the info is confusing as all get-out. Is there also an explanation of what all that means?

usually there's an explanation in the first post in that thread.

 

[WDWLODGE]

We used Fidelity. The whole process was very smooth.

 

[suebeelin]

There are about 5 reputable ones... Fidelity, timeshare store, resales dvc (or is it dvc resales?), etc.

I've used fidelity twice. A lot of ppl use timeshare store. There's also **** ***** that a lot of ppl rave about.

Good luck!