Which resorts resale the fastest??

Discussion in 'Purchasing DVC' started by StitchBuddy, Jul 2, 2014.

  1. lovin'fl

    lovin'fl DIS Veteran

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    I haven't read most of the replies, but I saw that you, OP, stated that you were thinking AKV or BWV. My personal opinion, as an owner of both, would be to go with BWV. Here is why:
    1- smaller resort and tougher to book at 7 month window (can get AKV at 7 months out pretty easily)
    2- can walk to 2 parks
    3- can save points by booking standard view rooms (can save at AKV too, by booking value rooms, but AKV value rooms are smaller than standard/savannah view rooms)
    4- since your DD is older, you and DH may soon be taking trips w/out DD and may want to do F&W...BWV is tough to book for F&W
    5- BWV seems to sell quicker (especially the smaller contracts)

    One negative is the expiration date. AKV goes longer, if that matters to you.
     
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  3. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    Agreed, and part of my point. It's one of the reasons I get a chuckle when newbies are so sure and headstrong about choices (often poor ones), I call it the instant expert syndrome. Even the most seasoned owner learns new things and looks at things differently over time. IMO controlling risk is even more important than potential savings and value though all have to be balanced.
     
  4. DVCMomBLT

    DVCMomBLT Mouseketeer

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    I was really just referring to the idea of paying to rent points, or buying DVC and selling it for just one trip. Not so much the idea of owning DVC itself. Technically, they will both "cost" around the same in the end. And yes, I realize there are risks.
     
  5. StitchBuddy

    StitchBuddy DIS Veteran

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    Again, thanks for all the information. We have looked into purchasing before through Disney, but just weren't ready to spend the money. Now we feel we are, we will pay cash. The money is not an issue, but that being said, we don't want rush in and buy at the "wrong" resort for us. Also, if something should change in the future, it is always best to keep in mind the unfortunate possibliliy or reselling it. I would never buy a house for example, without thinkng if I cold easily resell it, if I needed too. Not that you can compare the two. I am glad to hear it is easy to get AKL at the 7 months out. Fees are also a good thing to think about. Maybe I will look more closely at SSR and OKW. Thanks for your input!
     
  6. DVCMomBLT

    DVCMomBLT Mouseketeer

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    If you want to own DVC, I don't think you can go wrong starting with a smallish SSR contract. If you find a resort you love and have trouble getting, you can always add on there.
     
  7. HokieGCC

    HokieGCC BWV Owners

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    The suggestions of rent or start with SSR are good ideas. We are in a trial period ourselves. We have pondered DVC for almost 20 years but didn't want to tie up a bunch of money so we waited until recently to try it out. Since we are lifetime Disney goers we know exactly what resort(s) we wanted and why so here is what we did. We bought a tiny contract resale (50 points) at BWV for our yearly January trip. This wasn't too costly and it got our family of 4 nearly $600 off season passes. We go for a longer trip in May each year and we do that the old fashioned way (but make use of our season passes). We are happy with the 50 points and how it is working and are in a wait and see mode on more points to cover our (yearly) May trip. I still struggle with tying up large sums of money a bit.

    Here is what we know for certain from our experience so far:

    1 - we picked the right resort as we have previously stayed at a bunch of resorts over the years
    2 - due to the small purchase and relatively large season pass discount we are saving money and rapidly reaching the breakeven point
    3 - the 11 month home resort booking advantage is necessary if you want the numbers to work in your favor

    The only real advice I can give is to avoid making a decision on emotion (Disney makes this very hard). You can go to Disney as often as you want with or without DVC.

    I would say that buying the small DVC contract has normalized the emotional component for us. We are DVC members (although barely :)) so we're in the "club" and there isn't any emotional pull as we ponder more points. It is pure numbers.

    After looking at this for a long time I have concluded the following - Buying into DVC resale might start saving you money in the 8-10 year time period if you maximize the benefits. In otherwords learn everything you can before jumping in. You can be certain that this is an "advantage Disney" situation on average.
     
  8. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    So was I but adding the caveat that the assumption is DVC makes sense otherwise and giving some qualifications on who that might be. I agree with you that making a hasty decision just to get in the next trip is not a good idea but that's only IF DVC makes sense otherwise. If one assumes ALL else would be the same (# of points, home resort, UY, loaded contract) AND DVC would save that person money otherwise (often a big assumption when you account for all parameters), there is a small incremental cost even starting year one. My view is that in reality there really isn't a cost savings that early because the chances of meeting all of the criteria are almost zero, even for someone who has extensive experience with Disney stays over a number of years. I feel the added experience, info adds far more potential value than any minor single year savings. For many that means that not buying now or at all ends up being the best choice for any number of reasons. In addition, it's really not a savings (as you point out) but a controlled loss. Off property can be far cheaper still and for many, is the better option, esp for non DVC timeshares. However you get many that assume the DVC resort are better and that non DVC timeshares are always a bad option; both dramatically incorrect. Of course the two are not mutually exclusive, we're staying at SSR in Aug for two 2 BR units through exchange.
     
  9. sndral

    sndral DIS Veteran

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    Buying and selling real estate these days is much more transparent than it used to be, you can easily find the selling price of every house in a neighborhood for the last several years by a few simple searches. You can also see every house for sale and the asking price for it. From that data you can arrive at an informed decision. DVC resales don't yet have that transparency. You can easily locate all DVC contracts on the market and compare which resorts have more offerings, you can get a feeling for actual sales prices by comparing asking prices to some (but not all) actual sales prices by looking @ dis and other sites ROFR/sold threads - but the sold numbers are 2 or more months old because of the ROFR & closing delays. SSR used to be a lot cheaper - but lately it seems those prices are trending up, so it's important to filter the advice you get through the lens of today's resale market, which may be different than last year.
    Even assuming you had all the data you have w/ real estate you still don't have access to another important variable - which is how useful are those points to you - to me a significant question is when do you want to go? 7/11 availability is a nice abstract concept helpful if you go at low demand times of year but meaningless if you always go at a certain time of year and can't get what you want at 7 months and you bought the cheapest points planning on using them elsewhere at 7 months.
     

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