Contracts drying up??

[Sandisw]

You don’t, but the title company to my understanding is the one who actually handles ROFR, whereas the listing agency just does the sale. When buying our house without a real estate agent, we came to a mutual agreement and then we hired a lawyer to draw up a sales contract we both agreed to, and used the title company for everything else. I don’t think the sales agency does much with ROFR directly other than giving the buyer ideas for prices that would likely pass, and that information can be gathered through other sources.

I know but my point was just that RofR adds an element that makes it different than swapping a house with someone else

Again, could there be a market out there? Maybe but I really don’t think there are that many owners who have a need to try and find that one owner who has the exact contract you want and that your contract is exactly what they want, not to mention that the price is high enough to make it almost a guarantee to pass ROFR.

I just not sure it’s as easy as a process as it sounds and what happens if one contract does indeed get taken? You could be locked in to selling without having the other one?

 

[DVCkidz]

Pure, unadulterated blasphemy, but I guess if there's anything that could make someone take a year off Disney, EPIC Universe may be it.

Personally I don't think I could be in Orlando and NOT go over to WDW, at least for a few days.

In 2016, DD and I decided to go to Universal instead of Disney. Got the multi day pass and got a room in one of their hotels (it was actually very cool). After two days, we decided it was not magical. I got us single day passes for Epcot and HS to finish up the trip. Nothing against Universal, but I don’t need to tell y’all on this site the difference. I wonder if there is a “UNIboards” for people who are pro Universal

 

[CarolynFH]

In 2016, DD and I decided to go to Universal instead of Disney. Got the multi day pass and got a room in one of their hotels (it was actually very cool). After two days, we decided it was not magical. I got us single day passes for Epcot and HS to finish up the trip. Nothing against Universal, but I don’t need to tell y’all on this site the difference. I wonder if there is a “UNIboards” for people who are pro Universal

Not exactly, but there is a UOR forum on DISboards! https://www.disboards.com/forums/universal-studios-islands-of-adventure-forums.30/

 

[DVCkidz]

Not exactly, but there is a UOR forum on DISboards! https://www.disboards.com/forums/universal-studios-islands-of-adventure-forums.30/

Well, there you are!! Won’t be spending much time on that forum

 

[atthebeachclub]

Kind of seems like resale asking prices are going up now, in addition to lower resale availability. 974 today, which seems low!

 

[CastAStone]

Kind of seems like resale asking prices are going up now, in addition to lower resale availability. 974 today, which seems low!

It seems like price equilibrium is something like 1000-1200 contracts, based on the last few ups and downs

 

[atthebeachclub]

Demand, meet supply! I bet we’ll see an increase after the new tower is released. People dump old contracts for new.

 

[Chili327]

Kind of seems like resale asking prices are going up now, in addition to lower resale availability. 974 today, which seems low!

Yep lower supply, higher demand.
So now we can all relax for a few months until they start coming back and get back to 2k again.

 

[ChipTheRescueRanger]

Kind of seems like resale asking prices are going up now, in addition to lower resale availability. 974 today, which seems low!

Asking Prices going up but sales average data is still dropping.

We are at the stage where demand is out stripping supply but people are not over paying.

 

[atthebeachclub]

Asking Prices going up but sales average data is still dropping.

We are at the stage where demand is out stripping supply but people are not over paying.

It will be interesting when September sales prices are reported. I have seen a few higher ones on occompt recently, which surprised me as most have been low until now.

 

[Jimmy Geppetto]

Asking Prices going up but sales average data is still dropping.

We are at the stage where demand is out stripping supply but people are not over paying.

The data we see is a limited portion of the market. People are over paying with DVCRM everyday.

 

[ChipTheRescueRanger]

It will be interesting when September sales prices are reported. I have seen a few higher ones on occompt recently, which surprised me as most have been low until now.

I wonder if once Disney start selling Poly again this will push resale prices down across the boards.

It's typical that I managed to scrimp and save and get the funds together and now the contracts have dried up. Should have been braver earlier on in the year and moved some money about.

Also have to contend with currency fluctuations what's fun

 

[disneylandtour]

Kind of seems like resale asking prices are going up now, in addition to lower resale availability. 974 today, which seems low!

The lower priced resorts are certainly going up. But Poly is going down now (finally), as is VGF. BLT is also down. BLT is the current bargain IMO. But yes, OWKe, SSR, and AKV are all up based on what I've been seeing for the past few months. I'm really glad that I added on earlier this year.

 

[disneylandtour]

I wonder if once Disney start selling Poly again this will push resale prices down across the boards.

This is already happening. A number of smarter sellers who wanted to finalize contracts before the Poly incentives are announced have either reduced their price or taken lower offers. Today would be the last day for that to work, I think. There was Poly up there with an asking price of $140 last week.

 

[Sprinkles&Sprints]

The lower priced resorts are certainly going up. But Poly is going down now (finally), as is VGF. BLT is also down. BLT is the current bargain IMO. But yes, OWKe, SSR, and AKV are all up based on what I've been seeing for the past few months. I'm really glad that I added on earlier this year.

I’m not sure if this is true across the board. I am in the process of selling a small VGF contract and it sold for $20 more per point than I paid 6 months ago. It also sold for asking in one day. I’m sure some of it was just luck of having the right UY for the right buyer (and my not asking an outrageous price) but they’re certainly not all going down.

 

[disneylandtour]

I’m not sure if this is true across the board. I am in the process of selling a small VGF contract and it sold for $20 more per point than I paid 6 months ago. It also sold for asking in one day. I’m sure some of it was just luck of having the right UY for the right buyer (and my not asking an outrageous price) but they’re certainly not all going down.

Certainly not true across the board. But there was one VGF contract for sale about a week at $145pp, which I haven't seen in a while as an asking price. Non-stripped. I forget how many points, but it was modest--maybe 150.

 

[atthebeachclub]

Is dvcforless.com having functionality issues for anyone else?

 

[kgou]

Is dvcforless.com having functionality issues for anyone else?

looks like the site might be down

 

[CastAStone]

Is dvcforless.com having functionality issues for anyone else?

Seems to be back up. Maybe they use Verizon for internet

 

[HyperspaceMountainPilot]

I suspect Poly’s high price/low incentives could further (temporarily) depress number of contracts and raise prices around the MK resort area. The way I see it is if you planned to buy 200 points at $185/pt, but just can’t make it work at $210/pt (I think that’s the right price?), suddenly you have about 30-35k you might feel good about buying BLT/VGF/PVB or even CCV resale. Or maybe you just snatch up one of the 2042 resorts around $100/pt and decide you’ll deal with restrictions in a decade (or the next direct fire sale)— at the same time with prices so high, probably less appealing to try to sell your resale points and convert them to PVB direct?