SSR going price per point?

Discussion in 'Purchasing DVC' started by torian, Dec 27, 2012.

  1. torian

    torian A whole day can be ruined with a bad cup of coffee

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    A cursory glance suggests that SSR's p/p is reselling around $65...would that be accurate? I'm also assuming that this p/p would have a better shot of making thru ROFR if I were to purchase? I'm just trying to estimate costs...
     
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  3. DizBub

    DizBub Totally Addicted

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    Check out this thread http://www.disboards.com/showthread.php?t=3001288

    It will give you a good idea of what actual prices are.
     
  4. stoofyg

    stoofyg Earning My Ears

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    We made it through last month at $55 per point for a 150 point contract. Reading the "Monthly ROFR" thread it seems OKW is the resort being mostly impacted by ROFR.
     
  5. zavandor

    zavandor DIS Veteran

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    Also, when looking at the p/p price, be sure to value points in the contract as well.
    For example I'm buying a contract for 58$ per point, but it is loaded, having almost all the previous UY point banked. I valued those 10$ per point and my contract so equals for me to one at 50$ pp with only the current UY point.
     
  6. vandy

    vandy Vacations are getaways from vacation planning!

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    Price also depends on the number of points. The smaller the contract, the more desireable and the price runs a little higher per point. The higher number of points, the lower the price. In other words, a 25 or 50 point contract usually is higher per point than a 160 or higher point contract.
     
  7. xbrentx

    xbrentx Earning My Ears

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    We closed a few weeks ago on 240 points at SSR for $57.5 pp with full points available for 2013.
     
  8. 312BillB

    312BillB Earning My Ears

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    My offer was sent for ROFR last week on a 200 point contract @$50/pt. Contract was loaded with all 2012 points immediately available. I feel good about that contract as I've seen a *few* that were better than that price, but most were a few bucks higher than what I paid. As others have said, it all depends on how you value those immediate points whereas I was in no rush so I didn't really care if I got this one or if I offered $50/pt on the next.
     
  9. DizBub

    DizBub Totally Addicted

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    That's a very good deal.

    Best of luck with ROFR!
     
  10. tigergrad

    tigergrad DIS Veteran

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    Just closed on a 255 pt SSR contract last week. $55 per point. 170 2012 points which previous owner banked into 2013 for us and full 2013 points. April UY.
     
  11. torian

    torian A whole day can be ruined with a bad cup of coffee

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    would a 120 point resale pass ROFR for mid to high $50 a point? Or would I'd be looking at something closer to $60?
     
  12. DougEMG

    DougEMG DIS Veteran

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    That should pass no problem. It is extremely rare for a SSR contract to ever get ROFR'd.
     
  13. torian

    torian A whole day can be ruined with a bad cup of coffee

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    Hey...noticed you are a fellow canuck! How do you find DVC as a timeshare? Would you purchase into it again if given a redo? Any additional things to keep in mind as a Canadian?
     
  14. Caren90

    Caren90 DIS Veteran

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    If you have time and patience, offer what you want to pay for the points even if it is low and see if you get a willing seller. This is a good time to buy (low) since people may be interested in "unloading" their contracts before maintenance fees are due.
    Unless the accepted offer price is ridiculously low, I cannot see DVC ROFR'ing anything from SSR.

    Stephen
     
  15. mort1331

    mort1331 Mouseketeer

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    we are just finalizing on a 220 SSR @61, I know some might think thats high, but it was loaded with all points from 2011 and forward. we will pay 2013 mf but seller paid all others. Since I know I wont use the 2011 and 2012 points and we had renters for these @10/per i figured thats like a 41/point contract, and still all 2013. So in that case I didnt mind paying 61.
    What you have to look at and accept is the same as your airline tickets, be happy with your price, there is always going to be someone who will/might get better then you. How much time and effort are you will to put into getting the lowest price.
     
  16. amypetecar

    amypetecar DIS Veteran

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    Agreed. I bought a resale with a different home resort with 105 points in 2012 in which the seller already paid the membership fees. Thats like a free $1K if i choose to rent them.
     
  17. DVCanadian

    DVCanadian Earning My Ears

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    $50-$55 is good. I paid $50 pp in august 2011 and prices aren't going up.
     
  18. BridgetR3

    BridgetR3 Dreaming of Home

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    So I averaged all of the SSR's that passed ROFR on the ROFR thread and came up with an average of $43.41 per point. Unless I counted wrong or did something else wrong that is way off from the asking prices on most sites for SSR. Anyone know what would make that big of a difference???

    If I were interested in a SSR contract, I would most times have to offer $20 less than the asking price to get anywhere near $43. Seems crazy to me.....
     
  19. bighoo93

    bighoo93 Mouseketeer

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    I haven't looked at that thread in a while, but I would be surprised if the average price were in the low 40s. That seems likely to be around $10 too low. For any specific contract, the price will vary due to its own particular nature and traits (e.g., number of points, banked and borrowed points, use year), but low 50s seems about right for SSR. Unless my recollection is out of date.

    As far as asking price, don't worry about it at all. I offered $13 under asking price and it was accepted immediately. Determine the proper value and use that as a guide in your offer, no matter what the asking price.
     
  20. csharpwv

    csharpwv DIS Veteran

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    The specific contract has little to nothing to do with the 'average'.

    The price that an owner will accept is entirely related to their desire/need to sell.

    If the seller needs to be away from the debt/cost related to DVC ownership - then they will likely sell for the highest they can get...or the fastest sale.

    On the other hand, if a seller has just lost interest, or their family situation has changed - they aren't likely to sell until they can get their asking price. They will either continue to rent their points, use their points, or let others use their points for free...depending on their financial situation.

    Don't let averages be your guide as much as the asking price...and what you are willing to pay.

    It never hurts to make an offer!

    When we bought out HHI points, DW wanted to offer $5.00 more per point than what I had in mind. We made the offer, and they countered back $1.85 higher than my asking price. So... we saved $850.50 just on what DW wanted to offer compared to what the seller countered offered!

    You can never be able to predict what a seller may do!

    Offer what you want, and if the seller isn't interested....move along to another contract - It's pretty much a buyers market!
     
  21. zavandor

    zavandor DIS Veteran

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    I made recently many offers for SSR to buy my second contract, and noticed that prices when higer a bit since one year ago. I purchased a small contract ar 50$pp one year ago, recently similar contracts went for over 60$. I bought at 58$ a loaded contract, that was the best deal I could find. Maybe i was lucky one year ago or unlucky now.
     

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