? Regarding Timeshare and Making Offer

[4fordisneyworld]

I am just curious how often others have been able to purchase a contract through the TimeShare Store and have offered a lower price per point that was accepted? I am noticing the smaller contracts seem to go for a higher price
(I get the logic behind it) but I am wondering if those are the ones that fly off the market first and my chances are slim at coming in lower than asking price?


Also tell me if this makes sense. I currently own 210 at AK (two contracts but both DEC UY) and I am looking to add 100 more. I want to keep the same UY. If I know, more often than not, that I will use my points all at once each trip would it make more sense to buy more at AK? I would like to own at another resort but it seems like it could get difficult come time to make ressies.

TY!

 

[drusba]

Low point contracts have higher demand than others and they are often gone even before they are listed (brokers can sometimes have wait lists) and asking price is often paid. However, 100 points is not necessarily that low. Whether you should make a lower than asking price offer is ultimately your decision. I definitely would but I am the type who does not mind walking and bidding on a different one if first, second, or even third one one does not come through. The broker will provide the seller with any and all offers made.

If you want to be able to use all points together at 11 months out you must get an AKV contract because if you buy another resort, you cannot mix the two at 11 months for one resort, e.g., if you buy 100 SSR points, they can be used only at SSR 11 months out. We did not buy a second resort until we had enough at our original resort (BWV) to be be able to get a 2BR for a week at BWV for any time of year other than Easter and Christmas. Others like to own at two resorts with lower point totals so it boils down to a personal thing.

 

[fmer55]

I am just curious how often others have been able to purchase a contract through the TimeShare Store and have offered a lower price per point that was accepted? I am noticing the smaller contracts seem to go for a higher price
(I get the logic behind it) but I am wondering if those are the ones that fly off the market first and my chances are slim at coming in lower than asking price?




Also tell me if this makes sense. I currently own 210 at AK (two contracts but both DEC UY) and I am looking to add 100 more. I want to keep the same UY. If I know, more often than not, that I will use my points all at once each trip would it make more sense to buy more at AK? I would like to own at another resort but it seems like it could get difficult come time to make ressies.

TY!

In my limited experience of surfing and absorbing info, i would say that your add on should be at AKV if using all at once, otherwise you would have points that you could not use for your 11 month window and the small amount you did have would not fit your habits.

Just my .02 cents

 

[cvo]

I recently made a purchase with Timeshare Store, I made an offer of $5 less per point and it was accepted a few hours later. So I don't think it would hurt to try.

 

[RayJay]

I am just curious how often others have been able to purchase a contract through the TimeShare Store and have offered a lower price per point that was accepted? I am noticing the smaller contracts seem to go for a higher price
(I get the logic behind it) but I am wondering if those are the ones that fly off the market first and my chances are slim at coming in lower than asking price?

Made an offer for $2 less, seller not accepted, contract still listed. Again I think sellers are saying no more and more, others here are getting great deals.

It's just a matter of hitting it right.

RayJay

 

[bakerworld]

We have 2 home resorts in the same UY which gives us a choice of 2 resorts and I never have any problem borrowing pts either from the other contract or the next year because I am always in the same reservation window.

 

[taaren]

Also tell me if this makes sense. I currently own 210 at AK (two contracts but both DEC UY) and I am looking to add 100 more. I want to keep the same UY. If I know, more often than not, that I will use my points all at once each trip would it make more sense to buy more at AK? I would like to own at another resort but it seems like it could get difficult come time to make ressies.

That kind of depends on whether you are okay with A) using points for split stays (ie. 5 nights AKV, 3 nights elsewhere, then try to switch one at the 7 month mark for a non-split stay or just enjoy two resorts). Or B) Banking and borrowing to use AKV 2 years out of every three, then your third year use the points from the other resort, if you don't want to bother with the 7 month.

You could, for instance with 300 points, 200 AKV 100 VGF (I know its not even selling, esp not resale but just a fun placeholder)

Year 1 - Bank 100 VGF, Use 200 AKV current, and Use 100 AKV borrowed points from Year 2 for a 300 point AKV stay.
Year 2 - Bank 100 AKV points to year 3, Use 100 banked VGF, 100 current, 100 borrowed points from smaller contract for a 300 point VGF stay.
Year 3 - Use 100 Banked points, 200 current AKV points for a 300 AKV stay.

Rinse and repeat.

I've tinkered with the idea of doing this for a every third year WDW stay but I don't think we'll be flying out every three years, more like every 4 or 5 at most ...

Editing to add: To the other part of your question, I'd say the main thing is to decide what your "out the door price" for a minimum amount of points/closing costs are and start offering from there. Sometimes adjusting MFs and closing can bring the negotiations to a more agreeable place for both buyer and seller.

 

[Lil' Grumpy]

i think if i was going buy a resale, i would try setting a
value, based on location, years left, and how easily dvc
would "fit" our vacations & budget in the future.

something i would consider, is what others claiming &
how they 're comparing to the current "timeshares offers."
many claims amounts that they got, way below that
the timeshares store is posting.

there were a post c/o bad sellers. until they decide to sign,
it is their property. while i think some sellers may have
been disappointed and/or life changes--to want quick
sells, ..... i don't believe they are in the "dark" or so
desperate they are going to take a major loss.

so if i wanted a certain resale, i would price my offer according.

there are some showing s/s of making a poor investment. they
are aiming for way below the values, and resorts outside wdw.
little things, like planning on the majority time @ renting to
recover costs. dvc isn't a complete wdw vacation. we would
have never invested if the costs cut into any of our family
needs. back in 2002, we went & spent a good amount time
asking questions. the "debated point", that kept us from us
from buying, had to do with renting points. dvc did not make
the sale, because we told we would lose our points--
& the guide let us believe renting was not an option. that
indicated to me, with so many renting, it something that dvc
will put limits on. we walked away 2002. ( even in 2009,
the guide again redirected us away from renting ).

our dvc was purchased for its intended purposes. we do not
need the monies from renting. we do not plan ever selling.
we have a large extended family and can share our points
with them. our social groups include friends living in fla.,
and all over the country. some are timeshares owners. we
have gotten many offers, but right now we are using up
all our points. we are given them dvc high praise, based on
what we are experiencing and learning.

i think dvc, is right for many families with all kinds of needs. so
if the right dvc resales come along, i would go with the
offer i think is going be the "best" that the sellers are going to
see.

 

[Disneylvr4]

I am just curious how often others have been able to purchase a contract through the TimeShare Store and have offered a lower price per point that was accepted? I am noticing the smaller contracts seem to go for a higher price
(I get the logic behind it) but I am wondering if those are the ones that fly off the market first and my chances are slim at coming in lower than asking price?


Also tell me if this makes sense. I currently own 210 at AK (two contracts but both DEC UY) and I am looking to add 100 more. I want to keep the same UY. If I know, more often than not, that I will use my points all at once each trip would it make more sense to buy more at AK? I would like to own at another resort but it seems like it could get difficult come time to make ressies.

TY!

We only own at one resort, so I can't offer any advice on the second part of your post, but we did buy resale and made an offer lower then what was asked, and we were declined because they wanted to get their money back...or what was owed on their purchase. You won't know until you make an offer...worst case is the owner comes back and declines, but you can always agree to pay what is asked if they do and you really want what they have!

 

[cfw213]

Editing to add: To the other part of your question, I'd say the main thing is to decide what your "out the door price" for a minimum amount of points/closing costs are and start offering from there. Sometimes adjusting MFs and closing can bring the negotiations to a more agreeable place for both buyer and seller.

I agree with this. For us, we could offer $50/pt and pay current year MF or offer $60 a pt and have the seller pay MF. It worked out to the same dollar equivalent, but I think sometimes its easier for the seller to swallow something they already paid.

Also, try Fidelity. I made several offers at the Timeshare Store and all of them were immediately rejected without a counter offer. I made one offer at Fidelity and it was accepted, and their customer service has been great.