NEW Rejected Offers Thread

I also submitted a full price offer on it. I doubt I'll even hear back though because it was only full price.
I would not worry, just like when they were doing that with houses, or when they were doing that with cars… it’s usually a sign that we’re at peak bubble. In six months, sellers may be begging for offers.
 

I would not worry, just like when they were doing that with houses, or when they were doing that with cars… it’s usually a sign that we’re at peak bubble. In six months, sellers may be begging for offers.
Good to hear, I should be ready by spring!! 8-)


Resale inventory is apparently low right now. At least at the board sponsor. That’s part of the reason why.
Plenty of fish in the sea.
 
Yeah https://www.dvcforless.com/ is showing just over 800 contracts. Seems like normal is usually more like 1K-1200 I think.
Wow, I remember it was 1400 a couple months ago.
I wonder if at least part of this is seasonality? People don’t want to pay 2025 due have sold their contract or decided to rent instead. Also, the holiday season is coming that many contracts have upcoming reservations on them
 
This one is less of a broker situation and more of a seller decided to do this.
I thought there is no broker behind this platform, because it allows direct message to the seller. Apparently, I am wrong. Even if it’s a strategy, not the seller no knowing the market value, it’s a rare pricing strategy for BCV
 
I thought there is no broker behind this platform, because it allows direct message to the seller. Apparently, I am wrong. Even if it’s a strategy, not the seller no knowing the market value, it’s a rare pricing strategy for BCV
That’s what I thought to until I bid. It’s more of someone acts as an intermediary, but it’s not the same type of broker situation as companies like the board sponsor.
 
Resort: BCV
Contract size: 100
Asking: 100
Rejected: 100
Counter: "Hello, thank you for your offer. The seller has received multiple offers, all at a similar price point. The seller has asked all interested parties to submit their highest and best terms by today at 6pm EST."

Saw that a mile away.
That is a game no one should play.
 
Wow, I remember it was 1400 a couple months ago.
I wonder if at least part of this is seasonality? People don’t want to pay 2025 due have sold their contract or decided to rent instead. Also, the holiday season is coming that many contracts have upcoming reservations on them
It is all seasonal. Like you said, two big things will happen to spike inventory as we get to the end of the year. The biggest will be dues notices. You, also, will have vacations booked for this time of the year being used and people selling. It isn't just normal members using their points. Will see a ton of now stripped contracts from brokers who were holding on to waiting to use the points for their vacation rental side of the business. October-New Year's Day is the highest profit time for them.
 
I also think a big reason why contracts are not as prevalent right now is those who bought at peak prices see where they are, and don't want to offload right now...They're seeing their $200 bay lake tower contract isn't worth what it once was....
I agree … I think people have enjoyed gains when selling their contracts for so long that they seem to have decision paralysis when faced with selling at a lower than expected price. 🤷🏼‍♀️ I doubt waiting it out is going to help this situation. I’m no economist, but I don’t see anything around me getting cheaper. The pool of buyers willing to splurge on a luxury purchase is going to shrink and these folks will regret sitting on their contracts.
 
I agree … I think people have enjoyed gains when selling their contracts for so long that they seem to have decision paralysis when faced with selling at a lower than expected price. 🤷🏼‍♀️ I doubt waiting it out is going to help this situation. I’m no economist, but I don’t see anything around me getting cheaper. The pool of buyers willing to splurge on a luxury purchase is going to shrink and these folks will regret sitting on their contracts.
This is my view as well. The people most insulated from creeping inflation and an employment slowdown are more likely to be buying direct anyway.

I’ve said it before but will reiterate— I personally am not selling because I can’t imagine needing to sell in the next five years— but if you want/need to sell in the next couple years, holding out for 2022 pricing is very risky. Unfortunately, a lot of people think they are in the latter category but may find themselves in the former category.

I definitely see listings are down, but is there any hard evidence that sales are up? I know at least one BCV contract I was bidding on decided to go off market rather than close the $10/pt gap between us.
 
This is my view as well. The people most insulated from creeping inflation and an employment slowdown are more likely to be buying direct anyway.
I'd love a small contract in my UY at a particular resort... Have not been able to find them... The cost savings between direct and resale, I just can't justify buying direct from Disney. Feels like wasting too much money for air...
I’ve said it before but will reiterate— I personally am not selling because I can’t imagine needing to sell in the next five years— but if you want/need to sell in the next couple years, holding out for 2022 pricing is very risky. Unfortunately, a lot of people think they are in the latter category but may find themselves in the former category.
I agree.
I definitely see listings are down, but is there any hard evidence that sales are up? I know at least one BCV contract I was bidding on decided to go off market rather than close the $10/pt gap between us.
I don't think any of the sellers report that in an easy to understand way.
 
I'd love a small contract in my UY at a particular resort... Have not been able to find them... The cost savings between direct and resale, I just can't justify buying direct from Disney. Feels like wasting too much money for air...

I agree.

I don't think any of the sellers report that in an easy to understand way.
I do agree that small contracts might hold up better— but I think that, as the middle class gets squeezed, a lot of people in the market for 150-250 point resale contracts will no longer be planning annual trips to WDW or DLR while the lower-upper class who can afford it will probably buy direct (especially as the 2042 expiration date approaches and more and more resorts require direct points to visit).
 
This is my view as well. The people most insulated from creeping inflation and an employment slowdown are more likely to be buying direct anyway.

I’ve said it before but will reiterate— I personally am not selling because I can’t imagine needing to sell in the next five years— but if you want/need to sell in the next couple years, holding out for 2022 pricing is very risky. Unfortunately, a lot of people think they are in the latter category but may find themselves in the former category.

I definitely see listings are down, but is there any hard evidence that sales are up? I know at least one BCV contract I was bidding on decided to go off market rather than close the $10/pt gap between us.
I can only speak for our contract but it didn’t even get listed because the broker had a buyer ready to go and agreed with our terms without even listing. The buyers had already lost out on another SSR they tried for.
 















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