NEW Rejected Offers Thread

[AstroBlasters]

You will get what you want-dont compromise. Granted, I ended up with a larger BWV contract (210 points), but I just kept putting in offers at what I wanted to spend (94/pt)-and was shocked when someone agreed without even countering on the 4th try. Plus, for some of these contracts those 2025 points are going to start losing their value in the coming months-not the biggest deal, but when we are talking about only 17 years worth of points, that should be driving down your offering price.

Size of contract, Use Year, Double Loaded/Full/Stripped, Closing Costs, Dues…. so much goes into a price.

IMO, it’s more about finding the right fit rather than the lowest ppp.

 

[HyperspaceMountainPilot]

The BC/BW market is a very different market than AUL/CCV/BLT and even VGC.

Yes, but we’ve seen deals (including your own!) and these contracts aren’t getting any younger.

I am determined. We shall see. Save this post so you can tell me to eat my words in one month

1 month? If you were determined to buy within 30 days I would tell you it’s worth coming a tiny bit higher but then informing them it’s your best and final.

Have another one of my own failures to report:
BCV, attempt 2s
Contract Size: 120
Asking: $140
Offer: $115

No counter, looking for full price offers.

 

[Brian Noble]

IMO, it’s more about finding the right fit rather than the lowest ppp.

A sentence so nice, I'd quote it twice.

 

[noisykid]

Have another one of my own failures to report:
BCV, attempt 2s
Contract Size: 120
Asking: $140
Offer: $115

No counter, looking for full price offers.

IMO, this is really short-sighted on the seller's part. Unless that contract was loaded with Double Points and/or they are willing to pay fees, there's no way they get that. I think we'll start to see the 2042 properties dropping quite a bit over the next year. Buyers need to start realizing as we get close to the 15 years til expiration mark that there's just better deals to be had at other properties.

 

[AstroBlasters]

IMO, this is really short-sighted on the seller's part. Unless that contract was loaded with Double Points and/or they are willing to pay fees, there's no way they get that. I think we'll start to see the 2042 properties dropping quite a bit over the next year. Buyers need to start realizing as we get close to the 15 years til expiration mark that there's just better deals to be had at other properties.

But…. you have to want to stay at those other properties….. Crescent Lake is just special…

 

[HyperspaceMountainPilot]

IMO, this is really short-sighted on the seller's part. Unless that contract was loaded with Double Points and/or they are willing to pay fees, there's no way they get that. I think we'll start to see the 2042 properties dropping quite a bit over the next year. Buyers need to start realizing as we get close to the 15 years til expiration mark that there's just better deals to be had at other properties.

I truly think it could be another 5 years before we see a significant decline in nominal prices (arguably the crescent lake locations have been decreasing slightly in real prices over the past few years…but they have bounced up a bit lately?)— there are absolutely much better deals to be had (and I think we may see a new flood of contracts soon), but a lot of us who love crescent lake are willing to pay more to be able to book at 11mo. I manage to get in to BCV or BWV on my VGF points about 75% of the time lately, but I want to be able to book 2BD at busy times and I think it’s going to get harder and harder with SAP as BCV approaches expiration.

 

[AstroBlasters]

I truly think it could be another 5 years before we see a significant decline in nominal prices (arguably the crescent lake locations have been decreasing slightly in real prices over the past few years…but they have bounced up a bit lately?)— there are absolutely much better deals to be had (and I think we may see a new flood of contracts soon), but a lot of us who love crescent lake are willing to pay more to be able to book at 11mo. I manage to get in to BCV or BWV on my VGF points about 75% of the time lately, but I want to be able to book 2BD at busy times and I think it’s going to get harder and harder with SAP as BCV approaches expiration.

Boardwalk view on very specific dates based on school schedule….. have to own….

 

[clbielick]

Size of contract, Use Year, Double Loaded/Full/Stripped, Closing Costs, Dues…. so much goes into a price.

IMO, it’s more about finding the right fit rather than the lowest ppp.

Yes i agree. But even a double-loaded contract should NOT be going above a certain point-which is much lower than what these listings are asking for and what they are countering at. Banked points, esp as we get into 2025 Use year-only cap at a certain value. (mine had 189 of 210 2025 points so was labeled as "stripped"-clearly that is hardly stripped, but yes-if had those 21 extra points plus banked points? maybe a bit more, but again-banked 2024 points are of decreasing value as the year goes on)

 

[clbielick]

(as someone who just purchased a 2042, the number of years on contract should absolutely be playing into your calculations, as it is much more relevant which each passing year. I get what you are saying on pay what you want to stay where you want-but as those numbers creep up, and number of years of points decrease-renting just becomes so much more economical-understanding there is limited availability-a 150 point contract that is priced at 130/point-could be heading towards 8.125/point plus all of the closing costs and maintenance fees, as the year progresses. My point is simply that as we march closer towards the end of 2025, that price per point will only increase unless these prices budge, and its much more noticeable when you are multiplying total points over 16 or 17 years, compared to contracts when you have 30+ years of points)

 

[AstroBlasters]

Yes i agree. But even a double-loaded contract should NOT be going above a certain point-which is much lower than what these listings are asking for and what they are countering at. Banked points, esp as we get into 2025 Use year-only cap at a certain value. (mine had 189 of 210 2025 points so was labeled as "stripped"-clearly that is hardly stripped, but yes-if had those 21 extra points plus banked points? maybe a bit more, but again-banked 2024 points are of decreasing value as the year goes on)

And what is that “certain point”? Is it based on cash prices or renting DVC points?

Relative to cash prices….

A one bedroom BW P/GV during my upcoming trip is priced at $1153 a night + tax. Tax is 17%, so $1349.

The point cost averages 40 points a night. So, that’s $1349/40 = $33pp for a night.

Dues are $9,
The avg sales price is $116pp/16 years = $7.25pp,
5% TVM is $6

All in is $9 + $7.25 + $6 is $22.25 a point.
If you don’t include TVM it’s $16.25pp.

Either looks like a pretty darn good value relative to $33pp.

Now, we like 2BD and GV’s… but I don’t have a cash price to compare that to.

We don’t stay in studios, so I didn’t use that as a comparison…. but you get the idea….

 

[VGCgroupie]

My calculations came back buy BWV. But I will only buy within where I am comfortable at, and that may be different than what others are comfy with based off what time of year and what type of room they stay in.

 

[clbielick]

And what is that “certain point”? Is it based on cash prices or renting DVC points?

Relative to cash prices….

A one bedroom BW P/GV during my upcoming trip is priced at $1153 a night + tax. Tax is 17%, so $1349.

The point cost averages 40 points a night. So, that’s $1349/40 = $33pp for a night.

Dues are $9,
The avg sales price is $116pp/16 years = $7.25pp,
5% TVM is $6

All in is $9 + $7.25 + $6 is $22.25 a point.
If you don’t include TVM it’s $16.25pp.

Either looks like a pretty darn good value relative to $33pp.

Now, we like 2BD and GV’s… but I don’t have a cash price to compare that to.

We don’t stay in studios, so I didn’t use that as a comparison…. but you get the idea….

And what is that “certain point”? Is it based on cash prices or renting DVC points?

Relative to cash prices….

A one bedroom BW P/GV during my upcoming trip is priced at $1153 a night + tax. Tax is 17%, so $1349.

The point cost averages 40 points a night. So, that’s $1349/40 = $33pp for a night.

Dues are $9,
The avg sales price is $116pp/16 years = $7.25pp,
5% TVM is $6

All in is $9 + $7.25 + $6 is $22.25 a point.
If you don’t include TVM it’s $16.25pp.

Either looks like a pretty darn good value relative to $33pp.

Now, we like 2BD and GV’s… but I don’t have a cash price to compare that to.

We don’t stay in studios, so I didn’t use that as a comparison…. but you get the idea….

I don't think many of us would be willing to pay rack rate, and there are sufficient discounts to cash rooms that it's not the right comparison imo. I guess if they actually crack down on renting then it could become a more relevant comparison?

 

[VGCgroupie]

I don't think many of us would be willing to pay rack rate, and there are sufficient discounts to cash rooms that it's not the right comparison imo. I guess if they actually crack down on renting then it could become a more relevant comparison?

I used to pay rack rate because renting is too risky. But when I did my calculations it was comparing BWV to other certain WDW properties not to cash rates.

 

[clbielick]

I used to pay rack rate because renting is too risky. But when I did my calculations it was comparing BWV to other certain WDW properties not to cash rates.

That makes sense to me, since that's what you would realistically spend to stay.

 

[AstroBlasters]

That makes sense to me, since that's what you would realistically spend to stay.

I’m comparing it to the exact time of my trip and what we would be looking at (or at least based on what’s available).

When I go to other hotels, we stay in the suites…. not a hotel room. So a villa for me is a fair comparison.

 

[clbielick]

I’m comparing it to the exact time of my trip and what we would be looking at (or at least based on what’s available).

When I go to other hotels, we stay in the suites…. not a hotel room. So a villa for me is a

I’m comparing it to the exact time of my trip and what we would be looking at (or at least based on what’s available).

When I go to other hotels, we stay in the suites…. not a hotel room. So a villa for me is a fair comparison.

And using the assumption you may end up with pool/ garden view given limited availability, unless you like 1br. (I struggled to get standard my first trip)

 

[AstroBlasters]

And using the assumption you may end up with pool/ garden view given limited availability, unless you like 1br. (I struggled to get standard my first trip)

What I would like to compare it to is a BW view 2BD or GV… which is what we want.

 

[clbielick]

What I would like to compare it to is a BW view 2BD or GV… which is what we want.

I mean that you don't use standard view points for your point calculations since it's so hard to get those. I did my calculations comparing it to standard view 2brs then found i actually needed to assume i could only get p/g which was more points. But if planning bw view anyway- it's awash

 

[atthebeachclub]

My next scheduled BCV studio trip in January has no offers or discounts available to pass holders or DVC members, and my vacations are NOT flexible due to my work schedule and distance from Florida.

If I rented a Beach Club hotel room (very similar) from Disney, it would cost me $5301 after tax for the week. It is only costing me 107 points though. That’s about $50/pt, which is more twice what I paid per point (bought in 2024) even accounting for TVM.

This shows you two things: for people who are ok with renting from others, renting is a good deal still. I am not ok with renting from others.

BCV resale still saves quite a bit of money over rack rate, and often over discounted rates too.

 

[AstroBlasters]

My next scheduled BCV studio trip in January has no offers or discounts available to pass holders or DVC members, and my vacations are NOT flexible due to my work schedule and distance from Florida.

If I rented a Beach Club hotel room (very similar) from Disney, it would cost me $5301 after tax for the week. It is only costing me 107 points though. That’s about $50/pt, which is more twice what I paid per point (bought in 2024) even accounting for TVM.

This shows you two things: for people who are ok with renting from others, renting is a good deal still. I am not ok with renting from others.

BCV resale still saves quite a bit of money over rack rate, and often over discounted rates too.

Exactly.