Resale question

[727jay]

I have been noticing that the spread in the prices of resale points is extremely wide and it seems to have everything to do with which resort is the home resort. For instance I have seen OKW at $57 per point and AKL at $96 per point. Aside from the 7 month/ 11 month reservation window and the difference in maintenance fees, what other factors would produce such a large difference? I am pretty new to all this, so please educate me! Thanks in advance...
Jay

 

[hellerjw]

OKW is the original and oldest DVC resort while AKV is one of the newest (still parts under construction). Most OKW contracts expire in 2042 while AKV expires in 2057, so a 15 year difference. There are some OKW contracts where the owner took DVC up on its recent extension offer and those would expire in 2057 also, but you would have to check to make sure which type of OKW contract you were bidding on. The OKW contracts with a 2057 expiration should fetch higher prices.

However, if you are just looking to get into DVC as inexpensively as possible and have no preference on where you stay those OKW contracts can be a great deal.

 

[silmarg]

When the DVC term expires varies. They run from 2042 to 2060.

That plays a factor into the pricing.

 

[abner1776]

Well obviously the desireability of certain resorts over others will factor into the price, but the biggest intangibles could be the number of points for sale and if the contract is stripped.

Smaller point contracts (less than 100) will command a higher price while large contracts ( over 300) will require a discount.

Also, if the contract is stripped of current points then it will be less desirable, so if you see language that says no current points but xx points in 2010, then the seller has used all of their current points. Sort of like me selling you a car today but saying that you can't drive it until June 2010.

 

[CarolAnnC]

Also, it is possible that someone may list a resale for a lower price for a quick sale. Now, that means Disney may very well exercise ROFR, which the buyer will not care since they get their money regardless. So don't think a low price means anyone will end up with it, other than Disney...a good resaler will be able to recommend price offers, and guide you through the process. An example is our sponsor, The Timeshare Store

 

[727jay]

I haven't thought about the ROFR, that could be a game changer for a buyer.