Just made my first offer!

[Kmedders]

I just made my first offer this morning for AKL. I’m so nervous. I’m equally nervous that they will decline or accept. We have contemplated this for five years and it took me this long to pull the trigger. My kids are 7 and 9 and we have gone to Disney every year for at least 9 days for the last five years. We would ideally like to take a week long trip each year and a long weekend trip. So DvC makes sense to us and makes financial sense in the long run. But the long term commitment makes me nervous, as well as all of the negativity you hear about time shares. Part of me is hoping others can reassure me and tell me that they don’t regret buying into it, and then I am also hoping to get an idea of how long it took for you to hear back after your initial offer. Is this a painful process?

 

[Momtomouselover]

I made several offers before an agreement was made. All but one seller/dealer got back within 24 hrs. and some within hrs. Oh and I recall one place never responded.

You sound a lot like me with your concerns. We went to Disney at least twice a year for the past 12 years and I still just bought into DVC. My kid is older now and I wish I had bought sooner in some ways but I needed flexibility in booking so I never pulled the trigger. Also, I had concerns about the long term commitment. I finally decided to get my feet wet with 100 pts and now wonder if I should go for more or try it out first. Good luck and hope you hear soon!

 

[we"reofftoneverland]

It also took us forever to pull the trigger. We also are anti- timeshare. We did it two years ago and have added on 3x since then. Super happy with dvc. All of our offers responded yes within 24 hours. Actually I just remembered we did have one offer that was an immediate no, like we put it in and someone called us right away and said your offer is too low (was $7 below asking, so nothing too extreme). We just turned around and put in an offer somewhere else. Good luck!

 

[Ruttangel]

I just made my first offer this morning for AKL. I’m so nervous. I’m equally nervous that they will decline or accept. We have contemplated this for five years and it took me this long to pull the trigger. My kids are 7 and 9 and we have gone to Disney every year for at least 9 days for the last five years. We would ideally like to take a week long trip each year and a long weekend trip. So DvC makes sense to us and makes financial sense in the long run. But the long term commitment makes me nervous, as well as all of the negativity you hear about time shares. Part of me is hoping others can reassure me and tell me that they don’t regret buying into it, and then I am also hoping to get an idea of how long it took for you to hear back after your initial offer. Is this a painful process?

Of all the timeshares you can pick, you’ve picked the right one!

 

[Wedgeout]

You are making a great choice. Took me into my 50’s to finally do it. I’d walk by the DVC stand for years during all my Disneyland visits not thinking much of it. Then I started researching and liking what I was finding. I felt that nervous, bit of a heat flash as I pushed send on an offer. I had the initial chunk of cash available for my budget. Listed the resorts like a dream sheet, putting what each had to my liking. Saw the listing and went for it. Got a call within 30 minutes and it went from there.

 

[Kmedders]

Thank you all for the positive feedback! I still haven’t heard back on my offer. I lowballed... but they are asking $122 per point and my research is showing that between 100 and 107 is more reasonable. So I offered $105 assuming we would negotiate some. We shall see. The dollars seem to make sense, so unless I’m missing something, it seems like a good time to do this. I have dreams of going with my kids and one day their kids.

 

[RoseGold]

I rented points several times before I bought. Maybe it would have been better mathematically to buy back then, two years earlier, but I bought something I was confident I wanted and would use.

 

[SherylLC]

It seems to me that the difference between DVC and other timeshares, is DVCs can actually be unloaded (sold) when it no longer is enjoyed by your family. And since, historically, resales prices only seem to rise, you may make out pretty well in the deal!

 

[Kmedders]

My first offer was declined. I made an offer today that was accepted though. I made it for AKV, 160 points with 320 banked. We landed on 110 per point, use year starting in September. Please tell me I made a good deal....

 

[Wedgeout]

My first offer was declined. I made an offer today that was accepted though. I made it for AKV, 160 points with 320 banked. We landed on 110 per point, use year starting in September. Please tell me I made a good deal....

Looks like a great and fair offer. Especially with the banked points. Looking toward to seeing “it passed” in the weeks ahead!

 

[we"reofftoneverland]

My first offer was declined. I made an offer today that was accepted though. I made it for AKV, 160 points with 320 banked. We landed on 110 per point, use year starting in September. Please tell me I made a good deal....

Are you paying for the banked points? I hope not!

 

[Kmedders]

Are you paying for the banked points? I hope not!

Paying in what way? The annual dues?

 

[we"reofftoneverland]

Some brokers try to get buyers to reimburse the seller for annual dues for banked points. Ideally you would not reimburse for banked points or 2020 points. Those fees are already paid by the seller.

 

[Kmedders]

Some brokers try to get buyers to reimburse the seller for annual dues for banked points. Ideally you would not reimburse for banked points or 2020 points. Those fees are already paid by the seller.

Oh ok. No, they said that 160 banked points are paid by seller, I pick up annual dues starting with next year.

 

[davidl81]

IMO that is a very fair price with those banked points. It’s not a “steal”, but those are really rare. I’d say a top 75% type of deal which is really good. And it really helps to start a new contract with banked points. So many 1st time buyer buy stripped contracts just so they can get a “deal” but they are in the never ending cycle of borrowing since they started out behind already. I would be very excited about the deal you got.

And don’t worry about long term value. Historically DVC at worst maintains values and actually increases in value about the same as inflation. You can almost always sell it and break even ish.

 

[Kmedders]

IMO that is a very fair price with those banked points. It’s not a “steal”, but those are really rare. I’d say a top 75% type of deal which is really good. And it really helps to start a new contract with banked points. So many 1st time buyer buy stripped contracts just so they can get a “deal” but they are in the never ending cycle of borrowing since they started out behind already. I would be very excited about the deal you got.

And don’t worry about long term value. Historically DVC at worst maintains values and actually increases in value about the same as inflation. You can almost always sell it and break even ish.

Thank you! I assume at the very least I will have this until my kids are grown... so hopefully at least fifteen years. So I just Hope at the end of that time period I feel good about this decision.

 

[we"reofftoneverland]

Thank you! I assume at the very least I will have this until my kids are grown... so hopefully at least fifteen years. So I just Hope at the end of that time period I feel good about this decision.

I also think it is a good deal overall! Especially since you are not paying for banked points. The loaded contract is awesome.

 

[RoseGold]

Commissions to sell are reasonable and resale contracts have historically held their values for a few years. This is why, at least historically, a resale purchase isn't huge risk because they can be sold in a few years.