other DVC resale sites?

mtquinn

DIS Veteran
Joined
Feb 3, 2009
Messages
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I know about the TSS, but I remember one more (at least) reputable and trustworthy site to find DVC resales being mentioned here. Can anyone remember?

Thanks!
 
There are several others, just do a google search and I am sure you will find them.
 
For one of our contracts, we used Rachel Thompson at Fidelity. This is supposedly the only Disney-recommended resale company. Their web address is http://www.fidelityresales.com

Before going through Fidelity, be aware that Fidelity does charge an extra $195 administrative fee during closing. But, since many of their contracts seem to be "distress" situations (divorce, loss of job, etc.), you can often find a great deal through them.

HTH!
Evey =)
 

I might be wrong, but I thought I heard that Fidelity stopped charging the $195.00 fee about 3-4 months ago.
 
You are right, it does not charge $195 fee anymore.
Well, this is AWESOME news! I sure wish that had been the policy last summer! I think that will renew my interest in perusing their site. The communication and paperwork they provided throughout the process was topnotch.

THANKS for the info!
Evey =)
 
Well, this is AWESOME news! I sure wish that had been the policy last summer! I think that will renew my interest in perusing their site. The communication and paperwork they provided throughout the process was topnotch.

THANKS for the info!
Evey =)

I just wish her listings were more up-to-date. The current listings haven't been updated for 17 days.
 
We have bought from both the TSS and Shontell (DVCbyResale). Both deals went through without any issues. The paperwork from TSS came in much faster and was easier to complete.
 
Just to clarify, timeshare resellers are not "multiple listing agents". Each reseller has it's own listings. If you see a listing you are interested in on a certain resellers website, call that reseller.

It is possible that a seller has listed the same property with more than one reseller and in that case, you have your choice of who you wish to help you. Most resellers (not all) have open listings that allow the seller to list with more than one seller.

Robert
 
You are right, it does not charge $195 fee anymore.
I just found out that this is not entirely true. Fidelity now charges a flat rate for closing, based on the purchase price of the contract. I was quoted a flat rate of $400 to close a contract with a purchase price of $3500.

I compared that with the closing costs I paid on a contract through them in July 2010. The July contract had a purchase price of $4350.

In July I paid:
Administrative Fee - $195.00
Settlement Fee for closing services - $147.20
Abstract or title search - $50.00
Title Insurance - $60.00
Recording fees for deed - $18.50
State tax/stamps (no mortgage) - $30.80
Recording fee for waiver of ROFR - $18.50

Total closing costs for $4350 contract - $520.00 (including the $195.00 fee)

My total closing costs on this same contract through another resale company would have been $325.00, which is $75.00 less than Fidelity's flat fee for closing a contract that is 25% smaller in purchase price. The settlement fee should be lower for the smaller contract, and the state tax would be lower as well, but all other costs would be equal. So, Fidelity is still the most expensive option among the resale companies.
 
I can't quote the current closing costs for all the resale companies, but just for Fidelity since I received a quote from them today. Perhaps they are all moving to flat fees... but I couldn't verify that. Perhaps others will chime in regarding what they have been quoted for recent purchases through other companies.
 
We used *************** and they were exteremely helpful throughgout the first part of the process. We're now waiting to pass ROFR.
 















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