Banked points value on176 pt BWV contract for sale?

[A1A1]

I found a 176 pt. BWV contract for sale that has all the 2022 points available plus 352 points in 2023. I think all those extra points must have some additional value. I have been looking at the points chart and can make a very nice vacay for my extended family. That is something I have never done, but always wanted to do. I am having trouble calculating some kind of value to all those extra points. There has to be some good value to them. Not all the contracts I am looking at have any points upcoming or currently available. How do I figure out a value to those points? Do I even try? I don't want to miss out on this one like I missed out on the last one. The dues are all piad up.

 

[Sandisw]

I always decided on what I felt was a good price for the contract and went from there. I never considered a specific amount but rather was willing to pay more if it had extra points vs one that did not,

If you think this is a really good contract, they just offer what you’d be happy to pay!

 

[A1A1]

Thank you very much. I think this is extra value for a place that I love. Maybe about $3,000 if I had to pay the dues for those points. That is $3,000 that is not really included in the price. What a discount! I missed the last contract that I thought about for too long. I have to really think about this one a bit faster. I haven't found that many contracts at my most favorite BWV in this point range and that had this many extra points included.
Thanks so much for sharing your thoughts on this.

 

[CarolMN]

What is the use year of the contract for sale? Resale can take 90-120 days from offer acceptance to points in your account ready for use. Be sure you will have enough time to use or bank the points before they expire. Another option would be to ask the seller to bank them (if they are bankable) as a condition of the sale. When deciding what to offer, I would assign them a value no more than what I could get from a rental agency. Good luck!

 

[Shelle88]

What use year is it? If there’s double points in 2023 then those 2022 points are banked from 2021. Bearing in mind it will be at least 2 months before you can book anything will there be any availability for a stay before the points expire?

 

[eticketplease]

What use year is it? If there’s double points in 2023 then those 2022 points are banked from 2021. Bearing in mind it will be at least 2 months before you can book anything will there be any availability for a stay before the points expire?

If it is from the board’s sponsor then it is an April use year. It looks exactly like @Shelle88 stated 2022 points are from 2021 and will expire 3/31/23 and the 2022 points were banked to 2023.

 

[jkips]

It ultimately depends on how you want to use the extra points but given the 2 largest rental brokerages pay $18 a point to rent points I put a comparable value to that into my spreadsheet. If you aren’t going to use it yourself that’s what you could rent your points for. In general I don’t think stacked contracts trade at nearly the premium they should. For points expiring within a few months of getting this contract - i.e 03/31/23, however, I would use a much lower value. If you went into contract tomorrow you could maybe close sometime in Dec. At that point you would have roughly 3 months to use the points, availability will be limited and if you don’t have the flexibility to use them yourself they will be much more difficult to rent and command a lower dollar price.

 

[DebLovesPooh]

If it is from the board’s sponsor then it is an April use year. It looks exactly like @Shelle88 stated 2022 points are from 2021 and will expire 3/31/23 and the 2022 points were banked to 2023.

Under these circumstances, what are the chances OP will be able to use the banked points before they expire? If they close in December, they will get access sometime in January and then only have 2 months to use them?

 

[eticketplease]

Under these circumstances, what are the chances OP will be able to use the banked points before they expire? If they close in December, they will get access sometime in January and then only have 2 months to use them?

There are two sets of banked points. The ones that expire on 3/31/23 are going to be much more difficult to use than the ones that expire on 3/31/24 obviously.

It will still be be possible to use the points expiring first but it may be that one bedroom units have to be booked and doing a lot of split stays.

 

[Nabas]

Also keep in mind that Disney can claim unused rooms at 60 days.

Let’s assume an April Use Year.

Let’s also assume 70 days to close and get the points loaded.

That’s means they will be available to you by mid December, with Disney grabbing unused rooms through mid February.

So you’ll have perhaps a 6-week period (mid February to end of March) to find “something”.

Overwhelmingly, rooms from mid February to end of March are already booked.

If you are local and can take time off from work on short notice, you might find a way to use these points.

Or if you can book something and then rent out that reservation, you should be able to get some money for those 2021 points.

But it’s not easy. I would not value those 2021 points much, assuming they are an April Use Year.

 

[starry_solo]

At this point, for the points expiring quickly, I wouldn't assign any type of value to them. Only to the points that you can actually use. So, I would base my offer on the amount of points in the contract (year, not including any banked ones) and offer accordingly.

 

[RichVIII]

I guess I am trying to understand the question, are you trying to justify the cost of the contract over contracts? Like others said, time is ticking on when you can use those points. A bungalow stay for a night or two may be the only option by the time you close.

 

[A1A1]

Thank you all for the input. I was able to check several different dates in the new year before the end of the current use year. All had availability, so at least at this point, there are plenty of options for the 2022 points. A trip to HHI or VB would also be good use and could be done on the dates I checked. So, the dollar value for those points is god. It would be way less in the contract than I could pay for a stay on cash.

 

[Sandisw]

Thank you all for the input. I was able to check several different dates in the new year before the end of the current use year. All had availability, so at least at this point, there are plenty of options for the 2022 points. A trip to HHI or VB would also be good use and could be done on the dates I checked. So, the dollar value for those points is god. It would be way less in the contract than I could pay for a stay on cash.

Are you an actual owner looking at current availability in the DVC site?

If not, then what you could be seeing is a snapshot. Regardless, as you know, until you can book, what today looks like will be very different in the 50 to 80 days it can take to have points to actually book.

Just keep that in mind!!!