Rejected Offers Thread

[Kailunkat]

PVB - 104 points - $170 offered - listed $198 JUN UY
They countered but not by much.

 

[MerlinandtheMouse]

I think the long term view is also important. I mean obviously if you have to sell your contract right now, then the pricing right now is all that matters and of course you would want it to be as high as possible. But most of us who are buying resale now are probably not really anticipating selling it in the near future; instead, we are probably hoping to get in now at a low price point and then enjoy it for the next 30+ years.

Tbf, I think this is true for most people regardless of buying resale or direct (I might even go as far to say that those of us buying resale may have less of a reason to stay for longer since their buy-in was less and therefore the loss would be less in the short term).

The long term view is very important and I completely agree about not selling any time soon (if ever) but I guess the worry about RIV or VDH (or any direct purchase really) has always been resalability at some future point, but, as you’ve said, if you keep it for long enough all contracts will come out ahead because you’ll get all your years of trips and then get 40-60% of your contract price back. I would just rather the price drop happen more naturally over a long time like it took BRV to get to $100, than BLT and CCV getting to the low $100s with so many years left.

The only thing that gives me hope that resale prices will never really drop too low (at least until it gets within 10-15yrs or expiry) is that direct prices will continue to go up, and therefore keep resale prices within a reasonable price difference from that number…unless Disney starts to kill the resale market value by stopping ROFR all together

Im just being selfish as at $100 id be all over CCV. I think prices will still drop and return to some normality for some resorts as Covid revenge pushed a lot of prices up stupidly and buyers during this time will be asking for unattainable prices

also Until Disney do full ROFR on all resorts prices will slowly drop

Oh completely, I’d also jump on CCV at $100. I already bought at $132 so definitely would grab more at a lower rate lol. And I don’t think it’s selfish to want a great price on an already expensive product. I also don’t mean to single out your comment but it just struck me as a common thing many say (myself included) but it also is a strange juxtaposition to all of us worrying about resale prices of our own contracts one day in the future when we also want the resale prices low now? You know what I mean? Anyway, it’s just an interesting observation.

 

[Genie+]

worrying about resale prices of our own contracts one day in the future when we also want the resale prices low now

True! I want both.

 

[lbwilliams]

I offered $120 on a fully loaded BLT contract, and also requested the seller pay maintenance fees and closing. I anticipated at least a counter offer, so wanted to start low. While it was in my use year, it was more points than I actually wanted so slightly less desirable to me individually.

The seller seemed offended and declined without a counter. Plenty more where that came from if I am patient.

This looks exactly like the offer I made. And I had the same response - kind of offended. I wonder if we put identical bids on the same listing?

 

[atthebeachclub]

This looks exactly like the offer I made. And I had the same response - kind of offended. I wonder if we put identical bids on the same listing?

lol…December, Fidelity?

 

[HyperspaceMountainPilot]

So I agree that price decline trends are a double edged sword— but I would say even more so it’s a double-edged sword for Disney. I am occasionally fishing for deals, but I’m also more reluctant to buy more contracts (especially large contracts) as I see AKV, AUL, BLT, CCV continue to slide downwards. If I felt confident that prices would decline less than 5% a year, I would probably be buying another 300-400 points so we could shift from staying in a mix of studios and 1 bedrooms to a mix of 1 and 2 bedrooms.

The thing is I do NOT feel confident that they are planning to support prices at those resorts and I already have the amount of points (or more) I’m confident I’ll need 10 years from now when my kids leave for college…and if they don’t love Disney as much as I do when they’re teens we probably have too many points (that we can easily rent for now). Meanwhile, there are major discounts being launched across WDW hotels and credible reports of people being offered cheap upsells to BWI/BC and slightly more expensive upsells to GF, as well as rumors that entire wings of some moderates are closed due to excess capacity— if effective hotel rates/occupancy keep creeping down, it makes the value of our points decrease and could eventually make it harder to rent them for profit (and that’s assuming Disney doesn’t crack down on renting to support its hotels). Further, I am worried DVC might change the business model at newer resorts to make resale SAP even less valuable. For those reasons, I’m more likely to stay on the sidelines unless we get a crash in BCV/BWV — short dated resorts I’m always excited to stay at and won’t be committed to after 2042.

I think that unless Disney broadens out ROFR or commits to more protection for resale point buyers, many of the resorts will trend down and it’s somewhat impossible to say which will do better or worse. The reason it’s a double edged sword for Disney is that they will have a harder time selling PVB at 200 if you can get VGF at 150 and BLT at 120…and after an initial burst of enthusiasm, it will probably be hard to keep even PVB resale above 150…all of those numbers could go down.

(Caveat to everything I said is that I am still more interested in trying to pick up VGC points…BUT even then wondering if I should pay so much for resale because maybe something new and awesome will come out closer to $200 (with incentives) with DF in a few years).

 

[Jack Kerouac]

PVB - 104 points - $170 offered - listed $198 JUN UY
They countered but not by much.

We actually sold our 220 point PVB at $169.50pp (which you know ). We were happy with that price considering we got 22 nights out of it after buying it in October 2022 (closed in December 2022) at $149pp. It seems like the PVB listings are growing, but not necessarily moving. Is it the sellers or the brokers suggesting these high of prices?

 

[lbwilliams]

lol…December, Fidelity?

Yep.

 

[Kailunkat]

We actually sold our 220 point PVB at $169.50pp (which you know ). We were happy with that price considering we got 22 nights out of it after buying it in October 2022 (closed in December 2022) at $149pp. It seems like the PVB listings are growing, but not necessarily moving. Is it the sellers or the brokers suggesting these high of prices?

I’m fairly sure it’s the brokers. There is some inconsistency across broker sites and I’ve had a number of brokers reference the “current market” as being a seller market with “high demand” even though I agree that listings are sitting. I could be wrong - who knows!

 

[VGCgroupie]

I’m fairly sure it’s the brokers. There is some inconsistency across broker sites and I’ve had a number of brokers reference the “current market” as being a seller market with “high demand” even though I agree that listings are sitting. I could be wrong - who knows!

Ive followed closely for the last few months and some sit but many go very quickly. The amount of contracts available has also reduced by a lot in the last few months.

 

[HyperspaceMountainPilot]

Ive followed closely for the last few months and some sit but many go very quickly. The amount of contracts available has also reduced by a lot in the last few months.

For PVB? I haven’t been following but I thought it got down to a dozen or so (in May?) and then has been on an upward trend since then, as sellers are looking to get nearly $200/pt.

 

[VGCgroupie]

For PVB? I haven’t been following but I thought it got down to a dozen or so (in May?) and then has been on an upward trend since then, as sellers are looking to get nearly $200/pt.

Nope … my adhd working it’s magic.. I somehow missed PVB in the post. I was meaning contracts overall.

 

[Jack Kerouac]

Nope … my adhd working it’s magic.. I somehow missed PVB in the post. I was meaning contracts overall.

Yeah, when we listed PVB, the listings were in the low 10s maybe and now they are nearing triple digits. Meanwhile, overall supply across all resorts is meaningfully less.

We priced ours to sell, and it did, since I felt like it was a rare opportunity to turn our PVB resale into both direct points and more points and still get over that 8% hurdle. We don’t regret selling it, even if it’s several years before we can sniff the PIT. So yeah, we didn’t get $190pp, but we got a fair price and we were able to use the points to have three great vacations and learn enough about DVC that we were comfortable adding on to an extent that I would not have been just a year and a half ago.

 

[Jack Kerouac]

I’m fairly sure it’s the brokers. There is some inconsistency across broker sites and I’ve had a number of brokers reference the “current market” as being a seller market with “high demand” even though I agree that listings are sitting. I could be wrong - who knows!

When we sold, I remember a weird voicemail from the husband of the broker we used. It was a day before we eventually agreed on a sale price. He had called because he was seeing a change in the market for PVB for some reason and he didn’t want me to take a low offer (not yours, but something in the $150spp) and I thought, are you just realizing now it’s the PIT? I guess we could have asked for more, if that was what he was trying to suggest, but I think we would be sitting on it if we were asking $190+ like many others. I wanted the contract to sell.

I was happy to get what we got and I hope the buyer is happy to snag PVB sub $170pp. A good deal for a buyer doesn’t automatically mean it’s a bad deal for the seller.

While we all want to snag the best deal when buying and then maximize profit when selling, maybe also look at timing. I didn’t get max $pp according to all of the listings, but selling two months ago allowed me to get direct points and more points. In two months, I went from 220 in 2025+ to 274 for 2024 (not counting the 24 we got for free from my parents and 15 we paid $20pp from DVC), 247 for 2025, and 395 for 2026+.

We did the same thing when we sold our physical house in late 2021. I told the realtor to price it so we could sell it quickly and we did. We still got a fair price and I wasn’t an emotional wreck for too long.

 

[Jack Kerouac]

Nope … my adhd working it’s magic.. I somehow missed PVB in the post. I was meaning contracts overall.

My oldest has ADHD and it’s often a struggle and a strain. But I remember watching The Amazing Race and Penn Holderness won a stage solely because of his ADHD (his words). So I do my best to tell my oldest, ADHD can be a superpower if he learns to use it the right way and it’s not necessarily as bad as he thinks (his past history through third grade is a lot rockier than I could have handled at his age; the private school was a disaster and now the second public school seems, if not more equipped, at least more patient).

 

[Sandisw]

So I agree that price decline trends are a double edged sword— but I would say even more so it’s a double-edged sword for Disney. I am occasionally fishing for deals, but I’m also more reluctant to buy more contracts (especially large contracts) as I see AKV, AUL, BLT, CCV continue to slide downwards. If I felt confident that prices would decline less than 5% a year, I would probably be buying another 300-400 points so we could shift from staying in a mix of studios and 1 bedrooms to a mix of 1 and 2 bedrooms.

The thing is I do NOT feel confident that they are planning to support prices at those resorts and I already have the amount of points (or more) I’m confident I’ll need 10 years from now when my kids leave for college…and if they don’t love Disney as much as I do when they’re teens we probably have too many points (that we can easily rent for now). Meanwhile, there are major discounts being launched across WDW hotels and credible reports of people being offered cheap upsells to BWI/BC and slightly more expensive upsells to GF, as well as rumors that entire wings of some moderates are closed due to excess capacity— if effective hotel rates/occupancy keep creeping down, it makes the value of our points decrease and could eventually make it harder to rent them for profit (and that’s assuming Disney doesn’t crack down on renting to support its hotels). Further, I am worried DVC might change the business model at newer resorts to make resale SAP even less valuable. For those reasons, I’m more likely to stay on the sidelines unless we get a crash in BCV/BWV — short dated resorts I’m always excited to stay at and won’t be committed to after 2042.

I think that unless Disney broadens out ROFR or commits to more protection for resale point buyers, many of the resorts will trend down and it’s somewhat impossible to say which will do better or worse. The reason it’s a double edged sword for Disney is that they will have a harder time selling PVB at 200 if you can get VGF at 150 and BLT at 120…and after an initial burst of enthusiasm, it will probably be hard to keep even PVB resale above 150…all of those numbers could go down.

(Caveat to everything I said is that I am still more interested in trying to pick up VGC points…BUT even then wondering if I should pay so much for resale because maybe something new and awesome will come out closer to $200 (with incentives) with DF in a few years).

I don’t believe DVDs goals have ever been to keep the resale market up.

I think they made ROFR decisions and policy, which changes constantly, based on what they wanted and needed, and the impact of RoFR was an outcome of that.

Why I think it’s always risky to worry about resale value too much when deciding to buy.

 

[lilsonicfan]

Arguably, the way DVD shows how it feels about the resale market is in how, over time, the restrictions have increased and the perks to resale members have decreased. I don't think they need to care overly much about the price on the resale market when all they really need is to rely on direct benefits and marketing (and FOMO) to keep direct sales pumping. I think in a general sense, DVD certainly doesn't want its product to fall to zero even on the resale market, but that is also not so likely given that so many of their properties center around a theme park.

 

[CourtneyAshley]

Arguably, the way DVD shows how it feels about the resale market is in how, over time, the restrictions have increased and the perks to resale members have decreased. I don't think they need to care overly much about the price on the resale market when all they really need is to rely on direct benefits and marketing (and FOMO) to keep direct sales pumping. I think in a general sense, DVD certainly doesn't want its product to fall to zero even on the resale market, but that is also not so likely given that so many of their properties center around a theme park.

But i still think most people looking to get DVC still feel as though resale is a good value since you do not pay even 1/2 (typically) of what direct does and you do not have to worry about the extras going away lol because you never had them

 

[AstroBlasters]

My oldest has ADHD and it’s often a struggle and a strain. But I remember watching The Amazing Race and Penn Holderness won a stage solely because of his ADHD (his words). So I do my best to tell my oldest, ADHD can be a superpower if he learns to use it the right way and it’s not necessarily as bad as he thinks (his past history through third grade is a lot rockier than I could have handled at his age; the private school was a disaster and now the second public school seems, if not more equipped, at least more patient).

Just my opinion, based on my specific experience. This is not a judgment or directed at anyone specific.

As someone who has serious ADHD in their family and has passed it down to his kids, I don’t believe that it’s a superpower.

My sister just visited with my 8yr old nephew and he has such a bad version of ADHD that it made my kids (who also have ADHD!) not want to spend as much time with him or give him some distance.

I had a conversation with my sister about understanding the difficulties in giving your kids medicine everyday (especially if they don’t like taking it) but reminded her how much extra stress/guilt/social anxiety/always feeling that you are underachieving your potential/etc that she and I lived through and continue to process because we didn’t have the medication and tools we needed as kids because of lack of science and societal shame (“just tough it out/concentrate more/work harder/stop talking and just chill out”).

I used the analogy of Kanye West off his meds and on his meds.

She talked with her son and they came up with a solution of how she will put his medicine in marshmallows and that he would then agree to take it!

What a difference it made! He still had his sparkling personality and off the charts intellect, but his brain wasn’t constantly misfiring with over or under stimulation and the entire family had a much better second half of the trip.

 

[CWTC]

But i still think most people looking to get DVC still feel as though resale is a good value since you do not pay even 1/2 (typically) of what direct does and you do not have to worry about the extras going away lol because you never had them

I also think there are a lot of hybrid owners out there - we have 1470 points and 870 are either direct or grandfathered resale contracts. Our 2 most recent resale purchases have been BLT because they were such a discount over direct (like 275$ vs 110$). Our most recent direct purchase was VGC because the guide had the right points and would be our UY and the price delta is much smaller. Buy some direct for whatever reason and then also get more points with resale.