Not ROFR thread - general discussion

[stat]

Let me know if this is being discussed somewhere else... surely I'm not the first to observe that we're down to ~870 listings in the market according to dvcforless.com!

Could have sworn I saw it the 700s a couple weeks ago but I might be making that up. We like to comment when it goes above or below 1000 so this seems noteworthy.

With a few months left before dues hit and listings theoretically start flooding the market (I've read on here that's what happens), do we think inventory will continue to drop? Will prices rise accordingly or will tepid demand offset the low inventory?

 

[Brian Noble]

There's only one way to know for sure!

https://magic-8ball.com

 

[HyperspaceMountainPilot]

Let me know if this is being discussed somewhere else... surely I'm not the first to observe that we're down to ~870 listings in the market according to dvcforless.com!

Could have sworn I saw it the 700s a couple weeks ago but I might be making that up. We like to comment when it goes above or below 1000 so this seems noteworthy.

With a few months left before dues hit and listings theoretically start flooding the market (I've read on here that's what happens), do we think inventory will continue to drop? Will prices rise accordingly or will tepid demand offset the low inventory?

Over on the ROFR thread, someone reported passing with loaded VGF at $145 and someone reported seeing a different VGF contact listed under $140. Very strange that listing seems down, ROFR activity down, and prices also down.

 

[airjay75]

And, at the end of the day, every contract is an individual negotiation. Not every buyer and/or seller has any clue about the overall market. I made an offer today on a contract and, being someone active on these boards and well versed in the overall DVC market, I kept thinking to myself, this is really lowball offer, no way they're going to accept it. I almost didn't make the offer. Well, lo and behold, they accepted it without any counter! I almost couldn't believe it. Will share it on the ROFR thread as soon as I can.

 

[TheThousandthSoul]

Over on the ROFR thread, someone reported passing with loaded VGF at $145 and someone reported seeing a different VGF contact listed under $140. Very strange that listing seems down, ROFR activity down, and prices also down.

The market seems slow, is this seasonal?

 

[HyperspaceMountainPilot]

And, at the end of the day, every contract is an individual negotiation. Not every buyer and/or seller has any clue about the overall market. I made an offer today on a contract and, being someone active on these boards and well versed in the overall DVC market, I kept thinking to myself, this is really lowball offer, no way they're going to accept it. I almost didn't make the offer. Well, lo and behold, they accepted it without any counter! I almost couldn't believe it. Will share it on the ROFR thread as soon as I can.

Congrats, excited to see it!

The market seems slow, is this seasonal?

I’ve only been following the resale market a few years (and have never been looking actively in Sep) but the ROFR thread is the sleepiest I can remember it being since early 2023.

 

[hhisc16]

Dvc email yesterday had a spot about the new 25 point minimum add on.
I will be interested to see if dvc moves some 25 point contracts for those resorts that maybe members did not know about the change.