Resale Inventory Levels

[EM Lawrence]

Has the typically expected uptick in levels of resale inventory at the beginning of the year happened? I have not been looking at resale listings very extensively, but I have looked here and there and it does not appear that there are more listings than I’ve seen over the past 6 months. Is it too early?

 

[poofyo101]

No it has not happened. Inventory is super low.

 

[RebelScum]

I was expecting inventories to spike in the 3rd & 4th quarters, in advance of annual dues being posted. Did not seem like it happened.

 

[poofyo101]

I was expecting inventories to spike in the 3rd & 4th quarters, in advance of annual dues being posted. Did not seem like it happened.

To me not only did it not spike but seems much less than prior.
And most listings are priced high with not many points available.

 

[kanerf]

We may see an uptick this quarter with people being unable to pay dues and deciding to sell instead.

 

[Cabius]

People spending their stimmy money on DVC dues this year!

 

[Marionnette]

I think a lot of potential sellers don't want to let go of a loaded contract. They want to strip the contract before selling and they can't do that. They have banked points from canceling last year, can only borrow half from next UY and they are reluctant to travel while cases are still spiking. So they're holding out for one last trip before putting the contract up for sale.

 

[KAT4DISNEY]

Yes, there was a decent increase a few weeks ago just like always. (funny how we all see things differently although this is kind of a counting thing soooo....). There's also the natural swing of resorts that are listed but there are LOTS of AKV, BLT and SSR now where a couple of months AKV was almost 'nil, and BLT was almost 'nil and SSR was fair. PVB also bumped up quite a bit and even BCV had a bit of a bump. I think VB has a bump up and HHI I didn't pay much attention to. I forgot - also a lot of CCV that have become available and more VGC than has been typical to find.

 

[RanDIZ]

I think a lot of potential sellers don't want to let go of a loaded contract. They want to strip the contract before selling and they can't do that. They have banked points from canceling last year, can only borrow half from next UY and they are reluctant to travel while cases are still spiking. So they're holding out for one last trip before putting the contract up for sale.

I was thinking along the same lines. There’s lots of points sitting out there. I’ll bet about mid way through the year we might see increased inventory. Especially if things are still the way they are with travel.

 

[gskywalker]

Yes, there was a decent increase a few weeks ago just like always. (funny how we all see things differently although this is kind of a counting thing soooo....). There's also the natural swing of resorts that are listed but there are LOTS of AKV, BLT and SSR now where a couple of months AKV was almost 'nil, and BLT was almost 'nil and SSR was fair. PVB also bumped up quite a bit and even BCV had a bit of a bump. I think VB has a bump up and HHI I didn't pay much attention to.

There are probably lots of BLT because myself and a couple of others who were trying to buy all the BLT contracts (11 contracts for 3 of us) have stopped buying them, lol ( I joke and yet it is sort of true probably too). The other 2 because they finally got one to pass rofr and myself because I am awaiting on rofr for AKV instead

 

[pkrieger2287]

I think we've seen the usual amount of supply for this time of year... but demand is definitely at historic highs for resale contracts. It is truly a seller's market at this time.