Future DVC prices - strategy

[Matty B13]

DVC pricing really follows the general economy, just like the real estate market, when the economy is good prices continue to rise. It will take a recession for prices to fall.

 

[kanerf]

I am waiting for a cheap 50 or so points at RIV. I know all about the resale restrictions and that is why I am hoping someone will sell it cheap. I did see a 300 pointer the other day that went for $129. Not sure if that will clear ROFR, but that is about where I would like to buy, but at less than 100 points. Unlike many, I want to stay at RIV, so the restrictions are not an issue for me.

 

[RoseGold]

Not sure if that will clear ROFR

Correct me if I'm wrong, but I thought there hasn't been any ROFR on RIV yet.

 

[kanerf]

Correct me if I'm wrong, but I thought there hasn't been any ROFR on RIV yet.

Yet, but this $129 one may get ROFR'ed.

 

[dvc lover 1970]

I know there have been other threads like this, so I apologize to those who love to point that out. However, I’m attaching this directly to DVC Resale Markets Resale report for March:

DVC Resale March

I’m concerned because I’m new to DVC and thought I’d be getting my feet wet and adding on or maybe selling contracts. You know, playing around until you get it just right. However, I feel this pressure to make sure I make all the right decisions now, as prices are just skyrocketing.

I’m just trying to figure out strategies based on anticipated trends:

1. Is this steep incline in prices going to continue at the same rate? Is it going to be steeper?

2. Should I focus on”premium” resorts (if I ever want to buy there) as those will go up faster than others?

3. Should I buy as many points as possible at cheaper resorts (ie SSR, OKW) and just be happy that I’m staying on property for less than rack rate?

4. Is there a point in time when you or I just throw in the towel and say, “these prices aren’t worth it?”

I know nobody knows for sure, but I’m sure you can appreciate my position. It’s crazy entering pretty much any situation as a new person in volatile times. It’s much more comfortable to enter when things are stable and look around a bit knowing things will be relatively similar month to month. Thanks, in advance, for your thought.

I would purchase SSR or OKW resale - start with a small contract to see if you like it

 

[Sandisw]

Yet, but this $129 one may get ROFR'ed.

They have let contracts pass for less. I remember two at $100 and one at $116. So, I think for sure the $129 will pass.

I don’t think they have ever taken points back for resorts in active sales. Plus, with the resale restrictions, it’s a really different product than direct RIV points so I am not even sure we will ever see much in the way of ROFR for that resort.

I think the resale price will be more guided by how popular it is and what buyers decide it’s worth. So far, it’s doing pretty well.