Do you think prices will continue to rise or come back down?

[Sandisw]

Just got off the phone with DVC services and found out that they would only be willing to buy back our AKL points, not our Poly or GF. Also said they are getting many calls inquiring about selling....interesting... If you or anyone else has any ideas, I would take them.

I think the calls may have to do with the emails they sent out saying they were interested in buying contracts, even though resale will get your more.

Best thing to do is reach out to a company to list your contracts if you are not interested in staying an owner,

 

[Disney mac]

I think the calls may have to do with the emails they sent out saying they were interested in buying contracts, even though resale will get your more.

Best thing to do is reach out to a company to list your contracts if you are not interested in staying an owner,

Any one know if anyone has had success NOT going through a broker, as I just talked to a broker DVC recommended and I guess it is 7% sales fees and then $150 per contract to Disney just to go through ROFR.

 

[RoseGold]

Heck I tried to give free nights away to 20 different colleagues and none want to go based on recent announcements.

Really? I feel like everyone with little kids wants to believe in a magical cure by spring break and wants me to plan their trip I'm the Disney nut friend, like all of us, I guess. I planned quite a few for last August and a couple for the holidays, which I expect will be slammed. And Spring Break, which I think will be even more slammed.

But I agree. I wouldn't be in a hurry to buy, unless you find a motivated seller, which is possible in any environment.

I do think it's time to buy theme park tickets, I think prices are going up any minute.

 

[Sandisw]

Any one know if anyone has had success NOT going through a broker, as I just talked to a broker DVC recommended and I guess it is 7% sales fees and then $150 per contract to Disney just to go through ROFR.

I do not remember reading any reports over the years here on the DIS of people trying to sell DVC on their own. I do remember years ago that someone mentioned that if you brought your own buyer to one of the resale brokers, they would help for a smaller fee, but do not know how true that is.

I have bought and sold a lot of my contracts over the years and always used a broker. I figured the number of buyers who would see it was well worth the price in fees I would pay.

 

[kilik64]

Couldnt you just find your own buyer, contact the title company you want to use and have them do all the paperwork and pay them their fees? The title company is who does everything, broker just puts buyer and seller together.

Same basic concept as buying a house, the title company and lender do all the actual paperwork, all your agent does is find a buyer for your house pretty much.

 

[RoseGold]

There are plenty of private DVC sales without brokers. You just get a title agent who works with DVC.

I thought about doing this with one that I saw on Facebook.

 

[hhisc16]

Any one know if anyone has had success NOT going through a broker, as I just talked to a broker DVC recommended and I guess it is 7% sales fees and then $150 per contract to Disney just to go through ROFR.

Which broker did DVC recommend?
I am just curious.

 

[DonMacGregor]

Any one know if anyone has had success NOT going through a broker, as I just talked to a broker DVC recommended and I guess it is 7% sales fees and then $150 per contract to Disney just to go through ROFR.

I’m honestly not trying to be argumentative here, but in your original post you stated that everyone you know is trying to unload their contracts and you couldn’t even give free points away to “20 colleagues”. If that is indeed the case, why would you ever personally take on the task of trying to find a buyer for something you are claiming you can’t even give away?
I get the bitter taste of sales fees and commission, but as contracts are being sold daily and readily on the resale sites (and at record highs currently), it would seem far simpler to just list with a resale broker and be done with it, considering the apparent white elephant status of your points.

 

[bakerworld]

With all the restrictions with resale, buy where you really REALLY want to stay over and over.

 

[ldo]

anyone know the offer price for AKV contract buybacks from DVC?

 

[limace]

Check out the ROFR thread.

 

[Disney mac]

Which broker did DVC recommend?
I am just curious.

I was given numbers to Fidelity in Florida and Vacatia in San Francisco.

 

[Disney mac]

I’m honestly not trying to be argumentative here, but in your original post you stated that everyone you know is trying to unload their contracts and you couldn’t even give free points away to “20 colleagues”. If that is indeed the case, why would you ever personally take on the task of trying to find a buyer for something you are claiming you can’t even give away?
I get the bitter taste of sales fees and commission, but as contracts are being sold daily and readily on the resale sites (and at record highs currently), it would seem far simpler to just list with a resale broker and be done with it, considering the apparent white elephant status of your points.

No worries, I am an open book. I won’t jump in or out of any of it without doing my own research exploring my options. The 7% that a broker would charge is a lot. If there’s a chance to avoid giving that away, then I’m going to explore it. Lithe record highs you reference is an extra reason why to sell. I’m not sure it’s going to continue and think it might begin to collapse a bit and getting out while we can may be the smartest thing financially.

and for the record, the DVC rep I talked to told me she was spending all of her time talking to “too many people who are calling in to ask”. I’m certainly not the only one.

 

[BWV Dreamin]

Truthfully, the small amount of savings one would get by selling contracts on their own simply would not be worth the time and effort.

 

[Yinn]

Truthfully, the small amount of savings one would get by selling contracts on their own simply would not be worth the time and effort.

I would think it depends on how much you're selling. A 50 pt contract for $125 amounts to about a $625 savings. 400 points at $160/pt amounts to a $6,400 savings. That's not a small dollar amount.

At those numbers, it's not much different than folks who choose to rent their DVC points themselves instead of going with a broker, or in some cases even going resale vs direct.

 

[davidl81]

I would think it depends on how much you're selling. A 50 pt contract for $125 amounts to about a $625 savings. 400 points at $160/pt amounts to a $6,400 savings. That's not a small dollar amount.

At those numbers, it's not much different than folks who choose to rent their DVC points themselves instead of going with a broker, or in some cases even going resale vs direct.

But that also makes the assumption that the seller will get the same price selling direct than they would selling through a broker. Generally speaking selling through a broker gets higher prices.

 

[Yinn]

But that also makes the assumption that the seller will get the same price selling direct than they would selling through a broker. Generally speaking selling through a broker gets higher prices.

Sure, a seller could opt to sell at a broker's asking price but there's no reason the seller can't pass along a 5% savings to the buyer and still save themselves 5%. Sure there's more foot traffic at the brokers, but not every broker has the same asking price either. When I poked around this summer there was a $30/pt (~20%) difference in the same contract across multiple brokers.

The point is, it's not that crazy. There's potentially significant savings for the buyer and the seller. WE collectively as a community have nitpicked at potentially smaller dollar amounts. Is it easy? I don't think so. But what's to keep someone even in this thread from pinging them and asking - how much you want?

 

[RoseGold]

Truthfully, the small amount of savings one would get by selling contracts on their own simply would not be worth the time and effort.

Maybe. There is a middle ground, like paying a small amount of money to Redweek, which isn’t really a broker. $100 or so to list on redweek makes sense to me.

I seriously considered a contract on Facebook. There are educated buyers out there who don’t need a broker to hold their hand. I don’t really see the harm in trying some other routes. The brokers will always be there, if you can’t get what you want.

 

[DonMacGregor]

Sure, a seller could opt to sell at a broker's asking price but there's no reason the seller can't pass along a 5% savings to the buyer and still save themselves 5%. Sure there's more foot traffic at the brokers, but not every broker has the same asking price either. When I poked around this summer there was a $30/pt (~20%) difference in the same contract across multiple brokers.

But you list with a broker at YOUR asking price, not the broker's.

 

[Sandisw]

But you list with a broker at YOUR asking price, not the broker's.

I think people forget this. The seller is always in control of the price in the end. Yes, some brokers may recommend a higher starting price than others, but ultimately, the seller can lower it if they are not getting offers and want it sold.