BWV resale price per point range?

[gatorgirl02]

I will add in there that although all brokers are essentially created equal in the services that they provide, some are more buyer-friendly, while others clearly cater more towards the seller. Generally, Fidelity would be who I buy from, as they never balk at any offers and they will generally negotiate, whereas other brokers tend to stick to their guns on price and leave little wiggle room for negotiating, let alone offers way below (say $10pp below) asking price.

 

[CarolMN]

I will add in there that although all brokers are essentially created equal in the services that they provide, some are more buyer-friendly, while others clearly cater more towards the seller. Generally, Fidelity would be who I buy from, as they never balk at any offers and they will generally negotiate, whereas other brokers tend to stick to their guns on price and leave little wiggle room for negotiating, let alone offers way below (say $10pp below) asking price.

Maybe this is more a reflection of the type of sellers each broker gets. Fidelity gets a large share of its inventory as a referral from Disney. My belief is that many of those are underwater or have other reasons for wanting to sell quickly. Those sellers are more likely to be receptive to lower offers than someone who has had their membership for several years and is just ready to move on. FWIW, some sellers tell their brokers up front that their selling price is firm and not to bother them with lower offers. They may change their mind if the contract goes unsold for a while.

IMO, one should check out all the brokers' inventories and look for the contract that best fits their needs.

 

[a742246]

I will add in there that although all brokers are essentially created equal in the services that they provide, some are more buyer-friendly, while others clearly cater more towards the seller. Generally, Fidelity would be who I buy from, as they never balk at any offers and they will generally negotiate, whereas other brokers tend to stick to their guns on price and leave little wiggle room for negotiating, let alone offers way below (say $10pp below) asking price.

As OF 1/1/13 Fidelity is charging an extra 195.00 processing fee. I do not believe the other resellers are though.

 

[Disneymooner07]

While this is true, August is one of the easier months to book BWV at 7 months. So IMO, she doesn't need to stress out about finding a contract by September. Even if she can't book until December 2013 (& probably even later), she should easily be able to get into BWV for an August vacation.

Well, we're going to try and book a Grand Villa for a week, so I'm worried that it'll book up pretty quickly! We're flexible if need be, but I'm sure you can all relate to wanting to get to Disney World sooner rather than later

I will add in there that although all brokers are essentially created equal in the services that they provide, some are more buyer-friendly, while others clearly cater more towards the seller. Generally, Fidelity would be who I buy from, as they never balk at any offers and they will generally negotiate, whereas other brokers tend to stick to their guns on price and leave little wiggle room for negotiating, let alone offers way below (say $10pp below) asking price.

I've made two offers through Rachel at Fidelity so far and one through another company - the one at the other company is the one that made me pose this question for this thread because she kind of made me feel like I was crazy to try and make a lower offer. Rachel has been very nice and encouraging, which just makes me want to buy through Fidelity!

 

[radmcg]

Great Thread. To the OP I was doing the same thing looking for 100 points at BWV. Have missed 3 by being to late and 2 my offers not accepted. I have been surprised by the BWV in the 50s on bigger contracts. I finally got on one brokers resort specific list and within 2 weeks got an email with my current UY (Feb). All banked 2012 and forward. I didn't bother negotiating just paid full price. Its all in what its worth to you. Any other UY with different amount of points (80-130 was my range) and only 2013 points were contracts I negotiated on. This contract was exactly what I wanted so even if I had gotten it "right " I would have saved what 500.00. Don't get me wrong I love a deal as good as the next guy but it all comes down to value to you. Cash is cash and writing that check is not fun but like others have said: Look at the cost of the entire contract and the 1,000.00 you saved on the buy in becomes insignificant to the overall cost. Unless your an accountant and want to figure in future value of a dollar. Which right now what are your fixed investment yielding? Maybe 4% if your lucky. If its perfect buy it if its not negotiate!
Thanks to all on this site I learn something everyday.

 

[Disneymooner07]

Great Thread. To the OP I was doing the same thing looking for 100 points at BWV. Have missed 3 by being to late and 2 my offers not accepted. I have been surprised by the BWV in the 50s on bigger contracts. I finally got on one brokers resort specific list and within 2 weeks got an email with my current UY (Feb). All banked 2012 and forward. I didn't bother negotiating just paid full price. Its all in what its worth to you. Any other UY with different amount of points (80-130 was my range) and only 2013 points were contracts I negotiated on. This contract was exactly what I wanted so even if I had gotten it "right " I would have saved what 500.00. Don't get me wrong I love a deal as good as the next guy but it all comes down to value to you. Cash is cash and writing that check is not fun but like others have said: Look at the cost of the entire contract and the 1,000.00 you saved on the buy in becomes insignificant to the overall cost. Unless your an accountant and want to figure in future value of a dollar. Which right now what are your fixed investment yielding? Maybe 4% if your lucky. If its perfect buy it if its not negotiate!
Thanks to all on this site I learn something everyday.

Thanks for this - I feel like I'm just kind of grasping at straws through this process, but it's great having a support network here on this board I'm just trying to get into the club!

Quick question - how do you get on a broker's resort specific list?

 

[ELMC]

Thanks for this - I feel like I'm just kind of grasping at straws through this process, but it's great having a support network here on this board I'm just trying to get into the club!

Hate to burst your bubble, but the only "club" that we actually belong to is the group of people who get a ginormous bill in the mail every December.

Quick question - how do you get on a broker's resort specific list?

You ask. No seriously, tell a broker that you are are looking to buy now and what it is you are looking for. They will probably contact you when they have something come in that meets your needs. Keep in mind that this shouldn't replace your searching, as I've heard mixed stories about how well this approach does or does not work.

 

[Disneymooner07]

Hate to burst your bubble, but the only "club" that we actually belong to is the group of people who get a ginormous bill in the mail every December.

Haha Well, does the bill at least come with some Mickey ears on it or some pixie dust in the envelope?

I think we'll opt for the monthly payment so as to not add to the stack of bills that always follow the holidays! (Just curious, how does one sign up for the monthly payment by the way? )

 

[ELMC]

Hate to burst your bubble, but the only "club" that we actually belong to is the group of people who get a ginormous bill in the mail every December.

Haha Well, does the bill at least come with some Mickey ears on it or some pixie dust in the envelope?

I think we'll opt for the monthly payment so as to not add to the stack of bills that always follow the holidays! (Just curious, how does one sign up for the monthly payment by the way? )

Yes, and that's the best and worst part about it. You get all excited that you got mail from Disney and then it turns out to be a bill. It's the ultimate letdown.

Talk to MS and they can put you on a monthly draw from your bank account. I actually like the January billing because my job is mostly bonus based, which comes the last week of December. It really helps to soften the blow...especially on 575 points.

 

[DougEMG]

I think we'll opt for the monthly payment so as to not add to the stack of bills that always follow the holidays! (Just curious, how does one sign up for the monthly payment by the way? )

Call the member services number and one of the options on it is accounting. They'll tell you what you need to do.

I just had it setup this week for myself. What's required is a US$ account in a US Bank. They had me send them a fax with a copy of my membership numbers (I have 3) and a copy of a void cheque. After faxing it in I gave them a call to confirm they had it and they told me what the monthly withdrawls were going to be.

And you pick to have the withdrawl on the 1st of the 15th of the month.

 

[Caren90]

Hate to burst your bubble, but the only "club" that we actually belong to is the group of people who get a ginormous bill in the mail every December.

Haha Well, does the bill at least come with some Mickey ears on it or some pixie dust in the envelope?

I think we'll opt for the monthly payment so as to not add to the stack of bills that always follow the holidays! (Just curious, how does one sign up for the monthly payment by the way? )

I actually begin paying my following year's MF's monthly beginning in October and the final payment is not due until mid February. I think it is great that DVC works a monthly payment plan. I have other timeshares where the dues can only be paid in one payment. Ugh!

Stephen

 

[kenly777]

I'm waiting on rofr on a 250 pt BWV contract @ $60 pp. I keep hoping that I didn't offer to much (only 72 2013 pts), as others are getting $50 and $55 deals, but then I also don't want to lose the contract in rofr. Does this seem like a typical price for a contract like this? Contract through Timeshare Store.

I keep wondering about these Fidelity contracts as I don't see any of the really low contracts on there. Am I missing something?




Learning a lot reading the boards!

 

[ELMC]

I'm waiting on rofr on a 250 pt BWV contract @ $60 pp. I keep hoping that I didn't offer to much (only 72 2013 pts), as others are getting $50 and $55 deals, but then I also don't want to lose the contract in rofr. Does this seem like a typical price for a contract like this? Contract through Timeshare Store.

I keep wondering about these Fidelity contracts as I don't see any of the really low contracts on there. Am I missing something?




Learning a lot reading the boards!

Whether or not you paid too little or too much is subjective. I will say, however, that paying extra as "insurance" to pass ROFR is money wasted...especially at a resort with a very low instance of ROFR activity.

 

[kenly777]

I didn't add extra for insurance for rofr. $60 pp seemed like a reasonable price, but now seeing people get contracts for $50 and $55 pp makes me wonder about the price is all.

 

[ELMC]

I didn't add extra for insurance for rofr. $60 pp seemed like a reasonable price, but now seeing people get contracts for $50 and $55 pp makes me wonder about the price is all.

I apologize if I misunderstood what you were saying or offended you. To your point, BWV contracts are highly desirable right now, so many people are willing to pay higher prices simply to get one. My feeling is that $50 or $55 for BWV is the exception, not the rule these days. Congrats on your purchase.

 

[MickeyFan612]

I'm waiting on rofr on a 250 pt BWV contract @ $60 pp. I keep hoping that I didn't offer to much (only 72 2013 pts), as others are getting $50 and $55 deals, but then I also don't want to lose the contract in rofr. Does this seem like a typical price for a contract like this? Contract through Timeshare Store.

I keep wondering about these Fidelity contracts as I don't see any of the really low contracts on there. Am I missing something?




Learning a lot reading the boards!

You still saved 50% buying resale- plus you don't have any maint fees til 2014? Extra points would have been an added bonus but plenty of people are having to settle for semi-stripped BWV contracts due to the current lack of supply! 50-55/ point is not an easy price to come by! As for Fidelity Pricing you must stalk the site and when the few loaded, well priced new listings pop up you must hope you are the first one to submit an offer. Usually a lot of competition for those!

 

[MDdriver]

I'm waiting on rofr on a 250 pt BWV contract @ $60 pp. I keep hoping that I didn't offer to much (only 72 2013 pts), as others are getting $50 and $55 deals, but then I also don't want to lose the contract in rofr. Does this seem like a typical price for a contract like this? Contract through Timeshare Store.

I keep wondering about these Fidelity contracts as I don't see any of the really low contracts on there. Am I missing something?




Learning a lot reading the boards!

I just passed ROFR a couple of days ago on a contract for 200 pts at BWV for $50/pt. It was listed for $50/pt the previous night. I called 5 minutes after Fidelity opened and offered full price. I knew it would not last long, and turns out several people called after I did. Bottom line is, I found out the seller was behind on their MF's and could not afford them anymore, thus the reason for the low price for a quick sale. I happened to be at the right place at the right time and it worked out for me. The low price contracts are out there, but they do not last long and you have to jump on them before anyone else. Good luck on passing ROFR and your search

 

[kenly777]

I am quite pleased with the 50% savings over buying direct, plus, you are correct, no fees until 2014. Guess if I would like to add to this contract or pick up another, I will have to watch the lists carefully and see if anything pops up.

Thanks for the good wishes with rofr! If all goes well, I should find out right before my birthday.

 

[davedmaine]

Actually this is incorrect. The four major resale brokers act as neither buyer nor seller's agents. They're legally neutral. And as for bigger commissions, the higher the price the more money they make.

So let me think then.. How do they get bigger comissions? I think we know who they work for..

 

[fmer55]

So let me think then.. How do they get bigger comissions? I think we know who they work for..

and let me think.......No sale = no comission, they match buyers and sellers