DVC resale inventory?

[cate2]

I know that inventory for DVC resale properties was very low at the beginning of the year, does it seem like the inventory is increasing again?
What do you predict for the summer in terms of resale contract availability and prices?

 

[Marionnette]

I know that inventory for DVC resale properties was very low at the beginning of the year, does it seem like the inventory is increasing again?
What do you predict for the summer in terms of resale contract availability and prices?

I think it will remain flat given that many owners want to spend down their surplus of points before selling. And you've got the 50th anniversary celebration that many want to attend.

There will be an uptick in inventory around December when the bills for annual maintenance fees start arriving.

 

[cate2]

That makes sense, I think you're right. We recently put a bid in for an Animal Kingdom property and I'm hoping for lots of other contracts to also get submitted to Disney so that so that Disney, maybe, doesn't notice us The contract we are waiting for is exactly what we wanted.
Also, if we don't pass the Right of First Refusal, I'm hoping to try for another Animal Kingdom similar to what we are currently waiting for.

 

[davidl81]

I don't think yo will see much of an increase in inventory for a while minus the normal ebbs and flows. My gut is the people who wanted to sell put DVC for sale during covid when things were closed. If you kept DVC through that then you are fairly dedicated to the program. The prices may have some people put theirs up for sale, but not a large amount. I think prices will stabilize somewhere around where they are now. I do not see them dropping though, these current prices are the new normal. There are still some people selling below these higher prices as non DVC specific brokers are not as in tune with the market than brokers that exclusively deal in DVC. Those non DVC brokers are where I have seen the best "deals" from recently.

 

[cate2]

Yes, we offered list price but I wish that we had offered over as I'm worried we may have scored a 'deal' for Disney. :}

 

[sethschroeder]

Yes, we offered list price but I wish that we had offered over as I'm worried we may have scored a 'deal' for Disney. :}

Disney hasn't bought back a AKV contract higher than $111. So you should be fine at $120/point for AKV.

 

[kilik64]

I don't think yo will see much of an increase in inventory for a while minus the normal ebbs and flows. My gut is the people who wanted to sell put DVC for sale during covid when things were closed. If you kept DVC through that then you are fairly dedicated to the program. The prices may have some people put theirs up for sale, but not a large amount. I think prices will stabilize somewhere around where they are now. I do not see them dropping though, these current prices are the new normal. There are still some people selling below these higher prices as non DVC specific brokers are not as in tune with the market than brokers that exclusively deal in DVC. Those non DVC brokers are where I have seen the best "deals" from recently.

and with rofr going up and up (SSR getting taken at $125 recently for example) will be hard to get "deals" through rofr which helps set the floor pricing.

 

[T-i-double-guh-er]

Disney hasn't bought back a AKV contract higher than $111. So you should be fine at $120/point for AKV.

I've seen recent reports of $113 and $117 being taken back.

 

[sethschroeder]

I've seen recent reports of $113 and $117 being taken back.

Something has to be off with the math I suspect but maybe not. My source goes through ever reported contract sold both resale and bought back by Disney each month.

The poster only had 2 posts both of which were the highest ROFR in April and May neither of which showed up in reporting from the county. I suspect something with their math is different but always a chance it was just missed or possibly just not filed with the county timely by Disney still at this point.

 

[T-i-double-guh-er]

Something has to be off with the math I suspect but maybe not. My source goes through ever reported contract sold both resale and bought back by Disney each month.

The poster only had 2 posts both of which were the highest ROFR in April and May neither of which showed up in reporting from the county. I suspect something with their math is different but always a chance it was just missed or possibly just not filed with the county timely by Disney still at this point.

Interesting. The reports I saw were from https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-may-21-report/, not from the ROFR thread here, but still interesting that the $113 and $117 they list haven't shown up in the county records.

 

[sethschroeder]

Interesting. The reports I saw were from https://www.dvcresalemarket.com/blog/dvc-right-of-first-refusal-report-rofr-may-21-report/, not from the ROFR thread here, but still interesting that the $113 and $117 they list haven't shown up in the county records.

Something is strange.

They do instant purchases from their site and it just so happens the instant sale is the $117 price for the AKV contract when I just ran their instant sale on the contract with no current year points and 200 coming next year.

I think the OP is still safe though as it would be a huge outlier.

 

[RyanDisneyDad]

Prices stay high we plan on unloading our 2042s after a big family trip

 

[Rush]

Something is strange.

They do instant purchases from their site and it just so happens the instant sale is the $117 price for the AKV contract when I just ran their instant sale on the contract with no current year points and 200 coming next year.

I think the OP is still safe though as it would be a huge outlier.

I hope you are right. We are in for AKV at $123pp for a loaded 200 point contract. Even at the $117 taken threshold we hoped $123 would be safe. Seeing SSR taken at prices above that gave us reason to pause. Although, SSR direct prices just went up and AKV is offering incentives. That tells me Disney has more demand and less availability for SSR, and more availability than demand for AKV. Like always, I’ll worry until we hear it passed.

 

[Avery&Todd]

I'm just now starting to look at a resale CCV contract - we already own 250 direct points and want to add on another 50-100pts - since we need a Sept UY and know that's a tricky one to find and since I know smaller contracts are harder to find and that they usually go for $160-$175/pp.

Would it be recommended to pay full price for our small contract if we find it or is it worth haggling within $5 of the price just to get it down?

I read the ROFR report mentioned above and it said that the first few CCV listings were bought by Disney at $150/pp - but I was hoping to pay $160-$165..

So, how did you determine the price you offered for your resale contract?

Thanks!

 

[Sandisw]

I'm just now starting to look at a resale CCV contract - we already own 250 direct points and want to add on another 50-100pts - since we need a Sept UY and know that's a tricky one to find and since I know smaller contracts are harder to find and that they usually go for $160-$175/pp.

Would it be recommended to pay full price for our small contract if we find it or is it worth haggling within $5 of the price just to get it down?

I read the ROFR report mentioned above and it said that the first few CCV listings were bought by Disney at $150/pp - but I was hoping to pay $160-$165..

So, how did you determine the price you offered for your resale contract?

Thanks!

I don’t mind paying more if it is the one I want. IMO if it fits into what you want and it’s not easy to come by I would not let $500 or such prevent me from getting it.

 

[Rush]

I'm just now starting to look at a resale CCV contract - we already own 250 direct points and want to add on another 50-100pts - since we need a Sept UY and know that's a tricky one to find and since I know smaller contracts are harder to find and that they usually go for $160-$175/pp.

Would it be recommended to pay full price for our small contract if we find it or is it worth haggling within $5 of the price just to get it down?

I read the ROFR report mentioned above and it said that the first few CCV listings were bought by Disney at $150/pp - but I was hoping to pay $160-$165..

So, how did you determine the price you offered for your resale contract?

Thanks!

DVC Resale Market also produces a price report in addition to the ROFR report. That’s one good source. The ROFR thread might actually be a little better since it includes contracts from many more brokers since it’s usually just the buyers posting here what price their contract is in ROFR.

If I were you buying 50 points, if your current points are direct, I’d probably buy them direct. That way they will be guaranteed to be Sept UY and not resale restricted. If you buy before the end of July they’d have to give you 2020 points for virtually no MF’s. To find a loaded 50 point Sept UY is almost a unicorn you may never find, and when you might prices could have risen to a point where direct is today. If you wanted 100 the math gets a little harder, but only you can decide if that is worth it. Getting 2020 UY points offsets your buy in price by roughly $15pp if you’re willing to rent them, or additional value to you in the form of another/longer/bigger room vacation.

 

[Avery&Todd]

DVC Resale Market also produces a price report in addition to the ROFR report. That’s one good source. The ROFR thread might actually be a little better since it includes contracts from many more brokers since it’s usually just the buyers posting here what price their contract is in ROFR.

If I were you buying 50 points, if your current points are direct, I’d probably buy them direct. That way they will be guaranteed to be Sept UY and not resale restricted. If you buy before the end of July they’d have to give you 2020 points for virtually no MF’s. To find a loaded 50 point Sept UY is almost a unicorn you may never find, and when you might prices could have risen to a point where direct is today. If you wanted 100 the math gets a little harder, but only you can decide if that is worth it. Getting 2020 UY points offsets your buy in price by roughly $15pp if you’re willing to rent them, or additional value to you in the form of another/longer/bigger room vacation.

Thank you for this - that's what I keep going back and forth on....if I buy 50 pts from Disney direct @ $225/pt that's $11,250 but with a resale price of $165 then I could buy ~ 68 pts for that same amout of money -and are those 18 pts really worth the hassle of trying to find a Sept UY contract that may or may not have points for the next 2 years...

If I were to buy direct, I could tell Disney that I wanted 60 pts or any denomination right? Last year and in 2022 we're staying for 6 nights in a 2br @ CCV and that's 302 pts due to our dates, if I get only 50 pts then I'm short the other 2 pts, but maybe 60 pts is what I really need....I'd rather bank a few then borrow/buy a few...

Thank you - that was most helpful!

 

[Rush]

Thank you for this - that's what I keep going back and forth on....if I buy 50 pts from Disney direct @ $225/pt that's $11,250 but with a resale price of $165 then I could buy ~ 68 pts for that same amout of money -and are those 18 pts really worth the hassle of trying to find a Sept UY contract that may or may not have points for the next 2 years...

If I were to buy direct, I could tell Disney that I wanted 60 pts or any denomination right? Last year and in 2022 we're staying for 6 nights in a 2br @ CCV and that's 302 pts due to our dates, if I get only 50 pts then I'm short the other 2 pts, but maybe 60 pts is what I really need....I'd rather bank a few then borrow/buy a few...

Thank you - that was most helpful!

I believe each resort has different minimum purchases, but already owning there at the level you do I’m fairly certain changes that since it would be add-on vs an initial purchase. Regardless, assuming they would sell you 50, they certainly will sell you 60. Another benefit of direct, getting the exact number of points you want.

We debated RIV direct at 150, AKV direct at 150, resale at 150ish. We went back and forth with several offers and ended up on a AKV 200 resale. More than we were initially thinking on points, but at a price point less than 150 direct for either resort, and only marginally more than some of the 160 contracts we had made offers on and what they ended up selling at. But 200 points gives us a lot more flexibility, and will almost always put us in a banking position vs borrowing. Funny how you can easily talk yourself into more points! Again, if it were just 50-60 points we would have gone direct without question. At 150+ it was much less certain, and we ended up resale. You have to do what works best for you.

 

[Avery&Todd]

I believe each resort has different minimum purchases, but already owning there at the level you do I’m fairly certain changes that since it would be add-on vs an initial purchase. Regardless, assuming they would sell you 50, they certainly will sell you 60. Another benefit of direct, getting the exact number of points you want.

We debated RIV direct at 150, AKV direct at 150, resale at 150ish. We went back and forth with several offers and ended up on a AKV 200 resale. More than we were initially thinking on points, but at a price point less than 150 direct for either resort, and only marginally more than some of the 160 contracts we had made offers on and what they ended up selling at. But 200 points gives us a lot more flexibility, and will almost always put us in a banking position vs borrowing. Funny how you can easily talk yourself into more points! Again, if it were just 50-60 points we would have gone direct without question. At 150+ it was much less certain, and we ended up resale. You have to do what works best for you.

I agree, from what I have heard we can add on a smaller amount (less than the 150 pts) since we have a 200pt direct contract already, and 2 days after we got home from when we bought the 200pts, we panicked and bought the 50pt contract and they had no issue about it - giving us the 250 pts we have now.

Perhaps I should reach out and find out if they'll even sell me 50 or 60 pts at our home resort before I totally disregard resale...

thanks again!

 

[lovethesun12]

Something has to be off with the math I suspect but maybe not. My source goes through ever reported contract sold both resale and bought back by Disney each month.

The poster only had 2 posts both of which were the highest ROFR in April and May neither of which showed up in reporting from the county. I suspect something with their math is different but always a chance it was just missed or possibly just not filed with the county timely by Disney still at this point.

From my experiences having two contracts taken in 2021, it took at least 3+ months after being told they were taken for both my contracts to show up on the website.