I am seeing plenty of contracts up for resale.....but many people are trying to keep the price too high

[DSLRuser]

sorry.....I get that everyone wants to maximize their value and try and make a buck.....but i won't pay $159 a point for copper creek. I guess it is just a waiting game. See who will blink first on some of these contracts.

 

[Deb & Bill]

New contract and they owe a bunch of money. Plus they have to pay the commission on the sale. Not many points left direct from DVC, so they can charge what they need to get out of it clean.

 

[Marionnette]

sorry.....I get that everyone wants to maximize their value and try and make a buck.....but i won't pay $159 a point for copper creek. I guess it is just a waiting game. See who will blink first on some of these contracts.

The price will be whatever the market will bear. If no one buys CCV @ $159 pp, the price will drop. If demand is high, like for BCV, then the price will stay high.

 

[Sandisw]

I think a seller has every right to list for what they want, just as every buyer has the right to offer what they want,

As mentioned, lots of reasons it could be, but just because one person wont pay it, doesn’t mean others wont. They need only one buyer who comes in with something they feel is fair.

Market dictates...owners then decide to stick it out, lower price, or remove.

 

[Great3]

I think a seller has every right to list for what they want, just as every buyer has the right to offer what they want,

As mentioned, lots of reasons it could be, but just because one person wont pay it, doesn’t mean others wont. They need only one buyer who comes in with something they feel is fair.

Market dictates...owners then decide to stick it out, lower price, or remove.

Yep, market dictates. It always amazes me that there is some one willing to buy Riviera resale for $140+ / point. At that price, might as well buy direct with incentives and get full benefits. It needs to be enough of a bargain (below SSR resale) to me to put up with resale restrictions for Riviera.

However, as long as there is a willing buyer, it doesn't matter if we feel prices are too high (means I won't get the price I want to pay). I can just sit and keep on waiting, and prices may come down, and it may not. However, I feel eventually supply will be higher than demand (and unfortunately, bad fortune and timing will force the seller to liquate at lower prices [and I don't wish this upon any seller], but it happens).

Great3

 

[KAT4DISNEY]

If they sell then it's not too high is it? Too high for you does not mean it's too high.

If they don't sell they'll get price down eventually if the seller really wants to sell. And if not then they just sit. With CCV in particular there's going to be a number of sellers that have loans and want to be made whole on them which always adds resistance to lower offers.

 

[Frederic Civish]

So how is the resale market going now?

 

[dominickolas]

sorry.....I get that everyone wants to maximize their value and try and make a buck.....but i won't pay $159 a point for copper creek. I guess it is just a waiting game. See who will blink first on some of these contracts.

Asking $159 isn't the same as demanding $159. Offer what you like.

 

[macman123]

sorry.....I get that everyone wants to maximize their value and try and make a buck.....but i won't pay $159 a point for copper creek. I guess it is just a waiting game. See who will blink first on some of these contracts.

Dont buy it then! If no one buys and the seller wants to get shot, they will reduce the price. Or someone may go in far less and then they counter.

The market will dictate what its worth