DVC for SSR fair offer

[megadancer1221]

Im thinking of buying a DVC at SSR with 09 and 10 pts banked and june use year would a offer of $66 per pt and seller pays closing and dues be a unfair offer i really could use some help thanks all

 

[Brian Noble]

There is no notion of "fair" or "unfair". There is only whether the buyer will or won't accept it. You won't know that until you make your offer.

In the current climate, I would be aggressive with my offers unless I was in a hurry for some reason. While activity seems to be picking up a bit, my sense is that it is still a buyers' market.

 

[vicki_c]

With a June use year, only the 2009 points can be banked right now. You are still in the 2010 use year at this time. So I assume it's with current 2010 points and banked 2009 points (which will have to be used by May 31, 2011).

And the 2010 points have to be used by May 31, 2011 or banked into the 2011 year by January 31, 2011. Just additional info because January 31, 2011 isn't very far away and a resale closing could take a while. Something to make sure you have the seller do if you're not going to use them by May 31, 2011.

 

[Sandisw]

With a June use year, only the 2009 points can be banked right now. You are still in the 2010 use year at this time. So I assume it's with current 2010 points and banked 2009 points (which will have to be used by May 31, 2011).

And the 2010 points have to be used by May 31, 2011 or banked into the 2011 year by January 31, 2011. Just additional info because January 31, 2011 isn't very far away and a resale closing could take a while. Something to make sure you have the seller do if you're not going to use them by May 31, 2011.

It is possible that the seller already has banked the 2010 points (I have a June 2010 UY and have banked mine already) but I agree with you that if not, that should be done as closing would be very close to the banking deadline.

To OP, I think that anything you feel is a good deal for the contract should be presented to the seller. If they feel it is a "fair" offer for them, they will accept it.

With DVC resales, there are so many things going on. Some sellers hold out for a higher amount, and others are in a position to let it go for less. It really all depends.

I think that if the contract fits your needs and the price is what you want to pay, then that is what should be offered.

Good luck!

 

[DVC SSR Owner]

We only paid $55 pp on 200 ssr oct use year points. It came with 13 2009 points and 200 2010 and 2011 points. Seller also paid closing costs. Hope that helps!

 

[vicki_c]

It is possible that the seller already has banked the 2010 points (I have a June 2010 UY and have banked mine already) but I agree with you that if not, that should be done as closing would be very close to the banking deadline.

Good point Sandi - I wasn't think about people booking them before the deadline (because I always wait until close to the last minute!). Sorry OP - Sandi is definitely right, the 2010 points might be banked already.

 

[megadancer1221]

when did u purchase yours SSRowner and did u have to pay the DVC fees for before buying. Thanks everyone for help will quest the 2010 banked pts

 

[DVC SSR Owner]

when did u purchase yours SSRowner and did u have to pay the DVC fees for before buying. Thanks everyone for help will quest the 2010 banked pts

No DVC fees. Not sure what those are. We closed in July of 2010.

 

[megadancer1221]

maintenance fees

 

[DVC SSR Owner]

maintenance fees

No, I did not pay and MF on the contract in July, but have to pay this year's MF for 2011 now. No 2009 or 2010 MFs.

 

[silmarg]

i think low to mid $60s is the current fair market value of SSR...

I paid $67 per point, but that was a year ago.

 

[culli]

I have made several offers on DVC contracts. I low ball and if they don't accept I go to the next contract - especially with SSR there are a gluttony of them out there. Usually you will at least get a counter offer. Of course this back fired on me as I went too low and have had 2 BCV and 1 BWV contract ROFR by Disney. I got an SSR for at the time was close to a record low, they are much lower now. If you look at the ROFR thread you will get an idea of what is a going rate. I don't think SSR has had a ROFR reported to the thread in almost a year. Go low, low, low until someone bites. Supply and demand and there is a lot of supply and not much demand for SSR.

I just checked the latest timeshare store listing email and they have SSR contract asking prices in the $60-61 range and I saw one at $58. So looks like you could get in the high $50's - now I didn't look at the pts status etc which can drive prices by a few dollars per pt.

 

[Jason@dvcstore]

There is no notion of "fair" or "unfair". There is only whether the seller will or won't accept it. You won't know that until you make your offer.

In the current climate, I would be aggressive with my offers unless I was in a hurry for some reason. While activity seems to be picking up a bit, my sense is that it is still a buyers' market.

I agree with this post. At The Timeshare Store, Inc.® you are more than welcome to present any offer. The associate will then present the offer to the seller and they will either accept, counter or they might be firm at their price.
Typically those listings that have all the extra points sell pretty quick and for a premium. Best of luck to you.

Jason

 

[deerislemaine]

I think that if you find a fair range, then you should go for it. We paid $62 per point for a SSR contract (250 points, June use year) that closed in late November. The contract had 2 banked points and all 2010 points. We wanted to plan a trip in mid-January, so we didn't want to fight over a couple dollars. The contract had what we wanted, and we offered a medium price. I saw other contracts sell for $56 to $58 since then, but we were happy to get our contract closed quickly and be able to plan our trip. If we had not been in a hurry, then I would have given a much lower offer. If we add on points, then we'd probably offer a lower amount.

We were very pleased with the Time Share Store, and we were very pleased with the efforts of the sellers to get documents completed quickly. I think that it helped that we didn't fight over $2-3, but I'm not sure. As I said, it was worth it for us to get what we wanted with the amount of points we were looking for.

Hope that helps.

 

[Amy5000]

I think everyone's pretty much directed you to all the considerations. I just wanted to point out that larger contracts (over 200 pts) typically have a larger per point discount than smaller contracts (under 100 pts).

Good luck, Amy