DVC resale inventory?

[Tiberella626]

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.

We just passed at $125 but international seller and we are paying closing costs and 21 MF.

 

[Tiberella626]

Just speaking from an economic standpoint and I may be totally wrong. This is personal opinion not professional guidance.

People will continue to spend money this year and likely next. Revenge Travel is real! People have been cooped up for a year and they are finally taking the leap (my family included). Inflation is also on the rise and as rack rates climb the delta between rack and DVC will grow as well. I think prices may have a little more room to run and DVC direct increases seem likely at the rate they are buying back. Looking at you SSR! BRV and AKL have full refurbs in the next 5 years and will likely see the same price increase.

In a few years, people will realize they bit off more than they could chew and inventory will increase. This may push resale prices down a hair but probably not below current levels.

 

[WDWRook]

These resale prices are out of control.

 

[CarolMN]

These resale prices are out of control.

Those who think so should vote with their wallets!

 

[Rush]

Those who think so should vote with their wallets!

Done and done! (At least with one broker.)

$166pp 30 point DEC SSR, can’t close until December, nothing less than full asking will be accepted????

You could call Disney and get that exact deal by this afternoon at roughly $300-$400 more, with the same points from 2020, unrestricted.

If anyone pays that we’ve officially entered crazy town. Makes me think of a quote by W.C. Fields “It’s morally wrong to allow a fool to keep their money”.

 

[princesscinderella]

Those who think so should vote with their wallets!

I think they are right now. I have noticed that the amount of contracts being purchased on the ROFR thread has slowed down as we Disboard members are more informed buyers are are only buying up the good deals currently.

 

[WDWRook]

I have a couple offers extended right now, but no where near these prices. If I don't get something reasonable I'll wait or just not buy an add-on.

 

[scoobdoo]

These resale prices are out of control.

The price for Aulani seems to have risen dramatically all of a sudden.

 

[natty650]

The price for Aulani seems to have risen dramatically all of a sudden.

Yeah, the prices on some sites are crazy.

 

[davidl81]

Still so strange that with resale prices rising as much as they have been RIV direct has been struggling. Hopefully June ends up being a better month for RIV.

 

[Nabas]

These resale prices are out of control.

Those who think so should vote with their wallets!

Unlike direct prices, which Disney controls and relies on typical timeshare sales tactics ("Get them while they are on vacation and having a great time!"), the resale market is governed by traditional supply-and-demand.

I suspect most resell buyers have researched their options and are buying based on what they consider to be the best value. ("This is what I want and this is how much I'm willing to pay.")

In other words, we have no one to blame for resale prices other than ourselves.

 

[kilik64]

Mostly, rofr has a little do to with it too in creating the pricing floor

 

[Sandisw]

Still so strange that with resale prices rising as much as they have been RIV direct has been struggling. Hopefully June ends up being a better month for RIV.

It will be interesting to see if June and July have increased sales now with capacity at the parks rising and more people to tap for sales.

 

[sethschroeder]

Still so strange that with resale prices rising as much as they have been RIV direct has been struggling. Hopefully June ends up being a better month for RIV.

It really hasn't been struggling much though its at roughly 60% of points sold monthly where as historical resorts sold around 70-75% but never had "deals" on sold out resorts and sold out resorts for the most part didn't do room tours. Plus its hard to sell a completely unknown resort to someone compared to resorts people have stepped foot on or stayed at.

Its DVC Direct in general that is struggling some but at the same time we have had multiple price increases and minimum point increases over the past 12 months, a complete shutdown, limited capacity, and a large number of people unwilling to travel until they got the shot.

May was 68% of 2019 sales
April was 56% of 2019 sales
March was 73% of 2019 sales
February was 65% of 2019 sales
January was 34% of 2019 sales

So when park capacity was at 35% and they are selling over 50% of normal points I wouldn't exactly say its struggling but DVC would know how many sales typically come at WDW vs Online.

 

[HIRyeDVC]

Is it just me or am I seeing a lot of BLT contracts for sale? Am I missing something?

 

[lovethesun12]

Is it just me or am I seeing a lot of BLT contracts for sale? Am I missing something?

To be specific, the number of BLT contracts on the market is down about 65% from May 2020, 25% from this time last year, but about the same as last January. There was a slight dip in spring that seems to have rebounded a little.

Not that I'm keeping track or anything.

 

[poofyo101]

prices on everything is out of control. Its not just dvc.

 

[KeithSS]

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!

They will absolutely sell you whatever you want over the minimum which varies. I know the min is 50 points at any resort if you are financing, and if paying cash its 25 with the exceptions of CCV and RIV which are 50 even if cash. I just bought 50 ea at CCV and Riv myself. They will sell you any # you want as well, doesnt have to be round number. they will do 51, 64, 77 etc and will match your use year. Plus if you buy them direct you will get the 2020 points since your UY is Sept and the points will be loaded extremely quickly. Mine was hung up the phone at 3:15pm and had the points in my acct at 4:45pm. IMO anything under 50-75 pts isnt worth the hassle resale and waiting for ROFR etc. But thats just me.