Buy smaller?

[VGCgroupie]

Small contracts do tend to sell at higher prices per point.

Yes they do. Also resale you pay more up front. When buying direct splitting into smaller can be very beneficial.

 

[bk1273]

150 points I wouldn’t say to split. 200 maybe if the price and contract is right . Remember if buying resale when buy a 50 point contract you are around $600 in closing costs w/o title insurance. That’s $12 per point. If you buy from Fidelity you add $250 which is $5 per point. Of course the closing costs and other fees are negotiable. I recently bought a 50 point at a price per point I wanted but I did not pay closing costs. Basically closing costs add a lot to the overall price so be sure to factor that in your calculations.

Thank you

 

[Chili327]

I think on certain resorts you might as well go direct if you are getting a very small contract.

No title insurance needed, points load instantly, often include last year’s points, UY matching, 6m 0% with Disney Visa, etc.

Of course, that only applies to current members.

Especially ones that have a longer life.. Poly at current prices seems very worthy of buying direct, although some better incentives would cement that.

Was leaning towards BLT if that matters and would pay in full.

BLT is a great deal, I think direct or resale right now, but not sure about pricing if you’re a new member, maybe buying anything resale first would be very helpful.

Contracts under 50 are not the easiest to sell, due to closing costs. In terms of maximizing point price and desirability in resale contracts, I'd say 70 to 100 is optimal.

Under 50 sell so fast you can’t barely make an offer & have to pay what they’re asking!! lol (maybe depends on resort)

BLT resale is a fantastic deal right now. Low dues, about to get a refurb, desirable location

And 2066 expiration to boot.

 

[jcolvin5]

BLT is a great deal, I think direct or resale right now, but not sure about pricing if you’re a new member, maybe buying anything resale first would be very helpful.

Wait, what? BLT is a great deal direct? 275pp...are there incentives I'm not aware of?

 

[bk1273]

Wait, what? BLT is a great deal direct? 275pp...are there incentives I'm not aware of?

Yeah, I just can't agree to pay more than twice the price for full membership

 

[eticketplease]

Wait, what? BLT is a great deal direct? 275pp...are there incentives I'm not aware of?

There were incentives before Poly but they expired.

They weren't great if I remember correctly considering the starting price of $275.

Direct RIV and PVB are the ways to go IMO for the longer contracts.

Decent Promo for people who are already DVC members at SSR.

Can't see the details for all point levels but DVCNews.com shows one for $5,200 on 200 points so it looks like it would be $179 a point.

No true 11 month advantage but if you wanted some cheap points and dues that could go towards staying at RIV, CFW or VDH it might be worth a look.

 

[AstroBlasters]

Yeah, I just can't agree to pay more than twice the price for full membership

Yup, $275 direct from $125 resale seems a bit crazy…. but people do crazy things…. like pay direct prices for 2042 resorts.

 

[eticketplease]

people do crazy things…. like pay direct prices for 2042 resorts.

I would say there are exceptions to this like needing the points ASAP except for one of the number one rules of DVC is planning.
So plan to purchase that resale contract well before you are making that multigenerational trip and you can save $$ with resale and still stay at a OKW or BWV Grand villa.

 

[Chili327]

Wait, what? BLT is a great deal direct? 275pp...are there incentives I'm not aware of?

Yea i should have reworded that. I guess I meant that it was a good place to buy for future proofing, having unrestricted points, etc. For people wanting needing direct points, not that $275 was a great price. lol

 

[MartyParty]

For future resale purposes(if it happened), would i be better off buying smaller contracts? If we.move forward, I would need between 150 to 200 points per year.

I wish I would have done this with our first contract. Sells a bit higher for price. Easier/quicker to sell. And as the family has gotten older, we've ramped up the points for the number and room type of stays we prefer. But if/when trips tapper off, with smaller contracts you can sell of portions and right size back down to a smaller amount, less dues, etc.

 

[Genie+]

It somewhat depends on resort. Overall 25-75pt resale contracts move pretty quickly, especially in the high home priority demand resorts. I think there’s a larger set of potential buyers at $5k-$12k than $15k+. First time DVC buyers might feel $22k is too risky where $8k is much more manageable and less scary when still unsure if/how DVC will work out for them, even when that means paying more per point. Small contracts are a great way to get your toes wet in DVC, that experience helps to make better decisions about our personal DVC end goals. Plenty of existing owners want to bump up existing points too, so they’ll pay the premium to add 30 points to their BCV membership.

 

[Chili327]

It somewhat depends on resort. Overall 25-75pt resale contracts move pretty quickly, especially in the high home priority demand resorts. I think there’s a larger set of potential buyers at $5k-$12k than $15k+. First time DVC buyers might feel $22k is too risky where $8k is much more manageable and less scary when still unsure if/how DVC will work out for them, even when that means paying more per point. Small contracts are a great way to get your toes wet in DVC, that experience helps to make better decisions about our personal DVC end goals. Plenty of existing owners want to bump up existing points too, so they’ll pay the premium to add 30 points to their BCV membership.

That's me, I'm not wealthy by any means, in fact just barely above paycheck to paycheck (but I do own my own business), so it feels much safer to just bite off small chunks, & have the option to sell off small chunks if needed.