I also thought the minimum purchase through DVC was 160 points, but I also have heard of people buying a resale for only 50 points ( who were not already DVC members) just so they could go every 3 years- they didn't want more points/more dues. I would have thought that anything under 160 points by a non-current DVC member wouldn't pass ROFR, but perhaps it does? ---Kathy
Lets do some math. 200 dev. points x $10(avg.) per point = $2,000.00
Broker commision runs about 10%.
Take $2,000.00 - $520.00 (10% commission on $5,200.00 contract) = $1,480.00 profit.
Now subtract $1,480.00 from $5,200.00 = $3,720.00 net price paid for 50 point AKV contract. divide $3,720.00 by 50 points = $74 per point. Who wouldn't spend $74 per point for AKV?
I don't completely understand your math. If you purchase a 50 pt. contract you only get 100 developer pts., not 200. Or am I missing something?
I don't completely understand your math. If you purchase a 50 pt. contract you only get 100 developer pts., not 200. Or am I missing something?
Since you need to buy a minnimum of 100 points, they decided to get 2 - 50 point contracts, which included 200 developer points, with the intention of selling one contract to achieve their original goal of a 50 point AKV add-on.
Just curious...will Disney let you do you do this...get the dev. pts with 2 - 50 pt contracts rather than 1 - 100 pt contract?
One of our members has announced on the Dining Board that he is selling two contracts and will not purchase CRV due to the "gouging" that is occuring by changing the Dining Plan....You might get a deal.
As the seller there is no closing cost you have to pay. I would make the buyer pay closing costs. I didn't figure in the ROFR charge since it is so minnimal. As for no buyers, there is no AKV available on the market. I'm positive, at least for now, there will be no shortage of buyers for a small AKV contract for a no DVC member.
Well, theres a new twist on "when will VAK appear on resale"
One of our members has announced on the Dining Board that he is selling two contracts and will not purchase CRV due to the "gouging" that is occuring by changing the Dining Plan....You might get a deal.
(Have you ever heard of "cutting off your nose to spite your face"? Selling DVC due to changes in a dining plan that we aren't guaranteed access to fits IMHO!)
I am just noticing on www.atimeshare.com
that there are currently 3 AKV resales. I think we'll see a lot more in the months to come
Well, theres a new twist on "when will VAK appear on resale"
One of our members has announced on the Dining Board that he is selling two contracts and will not purchase CRV due to the "gouging" that is occuring by changing the Dining Plan....You might get a deal.
(Have you ever heard of "cutting off your nose to spite your face"? Selling DVC due to changes in a dining plan that we aren't guaranteed access to fits IMHO!)
Hi everyone! Let's have some fun and speculate. The questions are:
1) When do you think that we will start seeing AKV resales?
2) What do you think that the price per point will be?
,,,,.![]()