Appreciate all of the perspective and feedback on the current market from everyone. I recently sold a contract at VGC and I am now in the market for a BCV contract and possibly an AKL as well. So, I found myself on both sides of the fence of hoping the market was up for selling and yet soft for buying. I had to face reality that I wasn't going to get top market rates from last year of $300 per point, but I was fortunate that I was able to get more than what I bought my contract for in 2020.
I've been watching to see what people are paying for BCV and have put out some offers, but so far have not found the right fit for the right price. There is a great
DVC search engine out there that shows listings form 13 different resales sites. It has great filters for resorts, points, price per point and shows how many days the listing has been active.
Also, I found a loaded contract that has the right amount of points for a trip next year and a perfect use year, but the seller rejected my initial offer without a counter. I'm tempted to try a higher offer, but also hesitate since a lot of these podcasts say that 2042 contracts will go down in value as they get closer to their expiration date. That seems to be one thing that makes me wonder if the 2042 contracts will continue to see a decline in value even when the economy improves and ROFR shows back up. Any opinions on that?