Prices on the rise? Or not?

[Lorilais_mommie]

I've been watching the Resales sites the last 2 months (looking for 100p contract for AK, or SSR)
and noticed prices per point are MUCH higher(upper 80s) , then what's being reported on the ROFR list..

I do understand the asking price can be negotiated, but high 80s down to 69-70 a point? Can this really be happening if so please let me in on the secret!!!

Also personally & from other post I've read , buyers are finding sellers are becoming less negotiable on smaller contracts.. And in some cases brokers being condescending about putting in lower offers..

Is anyone else seeing prices going up?

 

[supersnoop]

I think actual prices went up during the second half of last year. I think sellers are trying to continue that trend, but I don't think actual sales are following. Yes, prices are higher than this time last year, but you should be able to negotiate a deal similar to what you see in the rofr thread.

 

[Msmithmd]

Sellers can ask whatever they wish. The rofr thread is a small sample of what people are actually paying. There are a few contributors here who have a much better grasp, by reviewing the contracts as they get posted on the county database. But the rofr thread is a good indication at least of what DVC will and won't allow to change hands on the resale market.

Bottom line, offer what you're comfortable paying, and if the seller says "no," move on to the next one. If you're in a hurry, offer full asking, remember what you're saving over purchasing retail, and be content.

 

[Lorilais_mommie]

I think actual prices went up during the second half of last year. I think sellers are trying to continue that trend, but I don't think actual sales are following. Yes, prices are higher than this time last year, but you should be able to negotiate a deal similar to what you see in the rofr thread.

We have been trying with no luck yet..
I'm starting to think the universe hates me..

Just the last week-
4 contracts the seller wouldn't budge (High 80s) ,
2 (lower 80s) sold for full price before the seller could even look at my offer..
And tonight seller pull the contract down rather then make a counter offer (offered 83 a point) thought it was more than fair...

Am I doing something wrong?

 

[supersnoop]

We have been trying with no luck yet.. I'm starting to think the universe hates me.. Just the last week- 4 contracts the seller wouldn't budge (High 80s) , 2 (lower 80s) sold for full price before the seller could even look at my offer.. And tonight seller pull the contract down rather then make a counter offer (offered 83 a point) thought it was more than fair... Am I doing something wrong?

It's hard to say what's fair without knowing the resort. I can say that the two contracts where my offers have been accepted were around $12/point less than asking price. I've had other offers closer to asking price rejected, and one where someone beat me out will a full price offer. There isn't always rhyme or reason to seller behavior.

 

[Minniesgal]

We have been trying with no luck yet.. I'm starting to think the universe hates me.. Just the last week- 4 contracts the seller wouldn't budge (High 80s) , 2 (lower 80s) sold for full price before the seller could even look at my offer.. And tonight seller pull the contract down rather then make a counter offer (offered 83 a point) thought it was more than fair... Am I doing something wrong?

Nothing wrong just accept it will take time and keep going. Someone will bite eventually. We bought VGC last year and I knew going in it wouldn't be an overnight process. I looked every day until the day I found the contract I wanted and I offered close to asking knowing if I pushed it too hard I'd lose it. Still got it for $5 under listing. We decided to buy in October and finally got. Our points in May. Ok AKV should be easier than VGC but it will take time and energy

 

[lovin'fl]

We bought 100 AKV points about a year ago...for $66pp. But I know prices have gone up since then. I'd keep at it, you should be able to get them for $77-82pp (but you may not get closing costs and MF covered). I would think. Maybe try for the one at Fidelity listed for $84pp. Or you could switch resorts. The thing about AKV is that many of the sellers paid way more than $70s and $80s for their points so I guess they have trouble letting them go for that.

 

[twoj]

One thing to keep in mind for any real estate transaction the data you have is old. The prices paid were negotiated months before the sale actually closed with the title company and reported to the county websites. It is difficult to figure out the current trading prices. Real Estate always lags behind everything else.

Your best bet is talking with the brokers as they are involved with current negotiations.

Honestly Disney is constantly raising the bar on prices and the timeshares keep selling. I kick myself now for not buying VGF when it was first offered - the price seemed ridiculous to me... Now it seems like a deal!

 

[Lorilais_mommie]

I keep trying, it's just frustrating.. We really wanted the last contract..
We would have gone up in price, but started off lower for negotiating room.. But instead they pulled the add!.. :-(
I haven't even gotten to ROFR yet...

 

[Minniesgal]

I keep trying, it's just frustrating.. We really wanted the last contract..
We would have gone up in price, but started off lower for negotiating room.. But instead they pulled the add!.. :-(
I haven't even gotten to ROFR yet...

Yea but you will find another one you really want

 

[Lorilais_mommie]

Yea but you will find another one you really want

Well I called the broker..
We are putting in one last offer, before the they pull the add at noon..
We ask $1 per point more then the last counteroffer they gave to someone else..
If they don't take it, I may take it personally!
We are only going this high b/c it's the PERFECT contract.. UY, resort, point total, everything..

I must say at least this broker is VERY very nice and understanding..
She thought for sure they would have at least countered the last time, but is more then willing to use her time to make one last offer..
Makes rejection a little easier I guess..

 

[krazy4crusing]

As difficult as this is, try to keep your emotions out of it. This is a business transaction and if you dont get a contract now you can always rent until the right one comes along.

It will happen for you, keep your head up.

 

[Physics Guy]

I often wonder if sellers browse these forums as well, noticing the interest in their properties and negotiating accordingly. If your seller knew how much you wanted this contract, they may hard-ball you for a higher price. Of course they may not know if it's really theirs you are talking about.

I don't mean to get you nervous, I just sometimes wonder the consequences when a buyer "shows their hand" in these forums. I would prefer to think if a seller is a member here they will lean more toward the generous side as many people here are usually friendly and accommodating.

 

[Lorilais_mommie]

I often wonder if sellers browse these forums as well, noticing the interest in their properties and negotiating accordingly. If your seller knew how much you wanted this contract, they may hard-ball you for a higher price. Of course they may not know if it's really theirs you are talking about. I don't mean to get you nervous, I just sometimes wonder the consequences when a buyer "shows their hand" in these forums. I would prefer to think if a seller is a member here they will lean more toward the generous side as many people here are usually friendly and accommodating.

I could see this, but I've never had a seller pull there whole add!
And altho I'm trying not to take personally.. It's hard not to, if they made the same counteroffer to another person the Reject mine that is a little more.

Our current offer was what we were going to offer in the 1st place any ways..
But the broker felt we should come in lower, so they would come down to the pervious counteroffer.. Made sense to me..
We feel even if it's high end for AKL it worth it, for the right UY, point amount..
Just frustrating when it feels like no one wants to play ball with you..

Ps. Broker said she would make it VERY clear this would be our last offer on this contract..

 

[nalajms]

I could see this, but I've never had a seller pull there whole add!
And altho I'm trying not to take personally.. It's hard not to, if they made the same counteroffer to another person the Reject mine that is a little more.

Our current offer was what we were going to offer in the 1st place any ways..
But the broker felt we should come in lower, so they would come down to the pervious counteroffer.. Made sense to me..
We feel even if it's high end for AKL it worth it, for the right UY, point amount..
Just frustrating when it feels like no one wants to play ball with you..

Ps. Broker said she would make it VERY clear this would be our last offer on this contract..

Are you saying the seller is pulling their listing? If so, why would you make an offer? They are probably debating whether or not to sell. You run the risk of them pulling out after ROFR and before closing!

There are SO many contracts out there, unlike 18 months ago. Another one is just around the corner. If you want a lower price, you really need to work for it. Good luck!

 

[Minniesgal]

I could see this, but I've never had a seller pull there whole add! And altho I'm trying not to take personally.. It's hard not to, if they made the same counteroffer to another person the Reject mine that is a little more. Our current offer was what we were going to offer in the 1st place any ways.. But the broker felt we should come in lower, so they would come down to the pervious counteroffer.. Made sense to me.. We feel even if it's high end for AKL it worth it, for the right UY, point amount.. Just frustrating when it feels like no one wants to play ball with you.. Ps. Broker said she would make it VERY clear this would be our last offer on this contract..

You don't know the full reasons why they are pulling the add, they might be unsure about selling. They might have changed their minds. We tried to sell a house once and when I went to out it on the market found I couldn't sell it I just wasn't ready. Sold it 4 years later. The trick is not to get hung up on one contract. Another one will come along in the right UY etc. they always do

 

[DisneyDenis]

I've been watching the Resales sites the last 2 months (looking for 100p contract for AK, or SSR)
and noticed prices per point are MUCH higher(upper 80s) , then what's being reported on the ROFR list..

Just to help below is the actual OCC DVC resale data for the month of January. Feb 2014 numbers should be out in a week...

This has been prepared by Don Munsil (co-guru of MouseSavers) ...

AKV Sales Jan 2014

Waiver Rec'd Pts UY Sale PPP
Aug 13 Jan 24 250 Oct $71.00
Aug 27 Jan 10 160 Feb $78.00
Nov 18 Jan 07 100 Dec $90.00
Nov 18 Jan 30 90 Dec $85.00
Nov 24 Jan 15 160 Sep $79.00
Dec 02 Jan 03 50 Dec $85.00
Dec 03 Jan 08 200 Jun $80.00
Dec 10 Jan 02 170 Aug $80.00
Dec 10 Jan 06 140 Feb $81.00
Dec 10 Jan 21 50 Dec $85.00
Dec 16 Jan 07 160 Feb $65.50
Dec 16 Jan 07 240 Dec $68.50
Dec 16 Jan 10 350 Sep $78.00
Dec 16 Jan 15 160 Feb $71.50
Dec 16 Jan 21 270 Feb $75.00
Dec 23 Jan 21 210 Dec $76.00
Dec 23 Jan 21 200 Dec $76.00
Dec 27 Jan 15 160 Oct $70.00
Dec 27 Jan 28 200 Sep $63.00
Jan 06 Jan 28 200 Dec $76.00
Jan 06 Jan 29 80 Dec $85.00
Jan 06 Jan 29 160 Dec $71.00
Jan 06 Jan 31 180 Sep $65.00
Jan 06 Jan 31 180 Sep $70.00
Jan 13 Jan 31 120 Dec $80.00
--------------------------------
Median: $76.00
10 Pctl: $66.70
90 Pctl: $85.00

No ROFR for AKV...........

SSR Sales Jan 2014

Waiver Rec'd Pts UY Sale PPP
Oct 08 Jan 15 200 Sep $65.00
Oct 28 Jan 28 350 Feb $70.00
Nov 11 Jan 02 250 Mar $73.00
Nov 11 Jan 30 50 Apr $85.00
Nov 18 Jan 21 175 Dec $79.00
Nov 18 Jan 28 150 Apr $70.00
Nov 24 Jan 02 160 Oct $78.00
Nov 24 Jan 02 150 Jun $71.00
Nov 24 Jan 09 150 Jun $66.00
Nov 24 Jan 10 160 Feb $70.00
Nov 24 Jan 28 265 Mar $71.00
Nov 25 Jan 03 160 Dec $73.00
Dec 03 Jan 10 220 Mar $74.00
Dec 05 Jan 02 330 Sep $65.00
Dec 09 Jan 08 160 Feb $73.00
Dec 10 Jan 02 300 Dec $70.00
Dec 10 Jan 03 210 Apr $73.00
Dec 10 Jan 03 100 Aug $82.00
Dec 10 Jan 03 150 Jun $70.00
Dec 10 Jan 10 300 Mar $82.00
Dec 10 Jan 13 100 Dec $78.00
Dec 10 Jan 13 160 Feb $75.00
Dec 10 Jan 13 200 Jun $77.00
Dec 10 Jan 15 120 Jun $70.00
Dec 10 Jan 28 150 Jun $58.00
Dec 16 Jan 07 150 Oct $60.00
Dec 16 Jan 07 150 Feb $75.00
Dec 16 Jan 08 200 Aug $72.00
Dec 16 Jan 09 150 Feb $58.00
Dec 16 Jan 10 200 Aug $63.00
Dec 16 Jan 10 130 Mar $74.50
Dec 16 Jan 13 250 Apr $77.00
Dec 16 Jan 13 175 Dec $75.00
Dec 16 Jan 15 310 Dec $72.00
Dec 16 Jan 15 150 Jun $73.00
Dec 16 Jan 15 175 Jun $76.00
Dec 16 Jan 15 160 Dec $67.50
Dec 16 Jan 15 100 Jun $79.00
Dec 16 Jan 15 225 Aug $60.00
Dec 16 Jan 15 250 Sep $67.00
Dec 16 Jan 21 250 Oct $60.00
Dec 16 Jan 27 160 Jun $76.00
Dec 23 Jan 10 310 Dec $65.00
Dec 23 Jan 10 200 Sep $75.00
Dec 23 Jan 15 130 Aug $71.50
Dec 23 Jan 17 210 Jun $72.00
Dec 23 Jan 21 150 Dec $74.00
Dec 23 Jan 21 100 Dec $80.00
Dec 23 Jan 23 120 Jun $70.50
Dec 23 Jan 29 150 Sep $75.00
Dec 23 Jan 29 200 Dec $75.00
Dec 23 Jan 29 175 Dec $77.00
Dec 23 Jan 29 150 Jun $65.00
Dec 23 Jan 29 200 Jun $72.00
Dec 27 Jan 15 160 Feb $61.00
Dec 27 Jan 23 150 Dec $58.00
Dec 27 Jan 23 150 Feb $70.00
Dec 27 Jan 24 270 Mar $70.00
Dec 27 Jan 27 100 Jun $79.00
Dec 27 Jan 27 400 Jun $77.00
Dec 27 Jan 29 175 Aug $77.00
Dec 27 Jan 29 160 Sep $68.00
Jan 06 Jan 28 220 Dec $61.00
Jan 06 Jan 28 130 Dec $68.00
Jan 06 Jan 28 240 Jun $67.00
Jan 06 Jan 28 270 Jun $73.00
Jan 06 Jan 29 91 Jun $83.00
Jan 06 Jan 30 550 Mar $57.00
Jan 06 Jan 30 120 Feb $65.00
Jan 06 Jan 31 150 Sep $74.00
Jan 06 Jan 31 120 Feb $62.50
Jan 06 Jan 31 175 Dec $59.00
Jan 13 Jan 28 120 Aug $67.00
Jan 13 Jan 30 300 Jun $63.50
Jan 13 Jan 31 200 Sep $60.00
Jan 13 Jan 31 300 Apr $58.00
Jan 13 Jan 31 300 Apr $74.00
Jan 13 Jan 31 100 Dec $64.00
Jan 20 Jan 29 200 Feb $65.00
Jan 20 Jan 31 160 Oct $73.00
Jan 28 Jan 28 200 Dec $75.00
Jan 30 Jan 30 160 Oct $76.00
--------------------------------
Median: $71.75
10 Pctl: $60.00
90 Pctl: $78.00


ROFR

Deed Rec'd Pts UY Sale PPP
Dec 13 Jan 09 160 Apr $74.00

 

[rackle]

I could see this, but I've never had a seller pull there whole add!
And altho I'm trying not to take personally.. It's hard not to, if they made the same counteroffer to another person the Reject mine that is a little more.

Our current offer was what we were going to offer in the 1st place any ways..
But the broker felt we should come in lower, so they would come down to the pervious counteroffer.. Made sense to me..
We feel even if it's high end for AKL it worth it, for the right UY, point amount..
Just frustrating when it feels like no one wants to play ball with you..

Ps. Broker said she would make it VERY clear this would be our last offer on this contract..

I chased away 2 HHI contracts before I got mine. I actually think the one I ended up with may have been one of them but if so, they ended up accepting my first offer and it was lower than what I had previously gone up to. I know it can be frustrating but don't worry, you'll get your contract.

 

[maggiegirl]

How do you access OCC DVC Data, I am interested in seeing the sales for 2013 for Vero Beach and ROFRs. Thanks!

 

[Msmithmd]

How do you access OCC DVC Data, I am interested in seeing the sales for 2013 for Vero Beach and ROFRs. Thanks!

Vero beach isn't in Orange County.