Poly for $99 per point?

[Captain Trips]

I have an app with push notifications on for new DVC listings. I had a poly listing pop up October use year 150 points for $99. I inquired a few mins later and it was sold. I was told it had 249 points available this year and 150 coming in 2021. Any speculation on why someone would list that low? I feel they could have easily sold for $120 per point in the same matter of time. Am I missing something?

 

[Eric Smith]

I have an app with push notifications on for new DVC listings. I had a poly listing pop up October use year 150 points for $99. I inquired a few mins later and it was sold. I was told it had 249 points available this year and 150 coming in 2021. Any speculation on why someone would list that low? I feel they could have easily sold for $120 per point in the same matter of time. Am I missing something?

They probably really needed the money.

 

[glamdring269]

Which app pushed that? I thought I had all of them covered but didn't see that one come through.

Nevermind I found it. That contract didn't sell unless they had two of them. DVC Resale Market is showing a contract with those exact attributes as "NEW" priced at $149. I'll bet they fat fingered the listing price and told you it sold instead of saying price mistake.

 

[Captain Trips]

Which app pushed that? I thought I had all of them covered but didn't see that one come through.

Nevermind I found it. That contract didn't sell unless they had two of them. DVC Resale Market is showing a contract with those exact attributes as "NEW" priced at $149. I'll bet they fat fingered the listing price and told you it sold instead of saying price mistake.

I think you’re correct. That was the app and I wouldn’t doubt that I was misled. A mistake seems far more likely than what I was told. I feel much better that I didn’t miss an incredible deal.

 

[DVC Doctor]

$99 is too low for Poly

 

[Captain Trips]

$99 is too low for Poly

I agree. It didn’t make sense to me that any agent would advise them to list that low. On the app both listings now have the same number. It was obviously a mistake.

 

[MICKIMINI]

I had the same issue last week with the same broker different contract. I was ready to make a deal and it was a realistic price. The "new" price was the highest I have seen on that resort for that amount of points. I declined.

 

[Captain Trips]

I had the same issue last week with the same broker different contract. I was ready to make a deal and it was a realistic price. The "new" price was the highest I have seen on that resort for that amount of points. I declined.

Interesting, I wonder if this is a recurring trend. Overall I find the app very helpful, and appreciate the instant notifications. I guess I’ll just have to be aware if something seems to good to be true. Although in your case it seems the original price was more realistic.

 

[SL6827]

I had the same issue last week with the same broker different contract. I was ready to make a deal and it was a realistic price. The "new" price was the highest I have seen on that resort for that amount of points. I declined.

Like a bait and switch?

 

[MICKIMINI]

I've worked with these brokers in the past and found them to be totally professional. 100%. I am aggravated by not being able to negotiate a contract that was mispriced and the week before being asked to bid higher on another contract. $99 for Poly is of course, too low, but when you receive an email from a broker and it interests you, you respond. No, I can't believe it is "bait and switch", I think it is sloppy errors IMHO. It's frustrating for sure.

 

[heynowirv]

Interesting, I wonder if this is a recurring trend. Overall I find the app very helpful, and appreciate the instant notifications. I guess I’ll just have to be aware if something seems to good to be true. Although in your case it seems the original price was more realistic.

It's like finding that elusive Dark Star.

 

[MICKIMINI]

Unicorn!