So many stripped resales…

[Mousemath]

I’m in the market and noticing the shrinking inventory also, which seems to be pushing initial asking prices up a little. Of course, there’s no way to know what the deals close for - you just get a notification a listing sold, but I wouldn’t be surprised if actual sale prices are rising a little. Did the ROFR activity last month also have an effect? I’m too new to understand all of the dynamics.

Best to wait until the fall when summer vacations are over and people look towards next year and try to sell? Or do people really defer this decision until the dues bill appears?

Its so hard to hold off on pulling the trigger. I want this done so I can start planning that first owner trip already! What’s the term for add on itis when you are starting from 0?

From this site you get actual transaction prices, although they do tend to be below average (based on the sophisticated group here ). Point being you know what contracts are going for, so it’s not that hard to tell what a fair price is. We focus too much on getting a deal, dues is what really gets you in the long run.

 

[HyperspaceMountainPilot]

From this site you get actual transaction prices, although they do tend to be below average (based on the sophisticated group here ). Point being you know what contracts are going for, so it’s not that hard to tell what a fair price is. We focus too much on getting a deal, dues is what really gets you in the long run.

Dues are absolutely the bigger factor if you plan to own for more than a decade (and you’re probably better off renting than buying if you know you’ll own for less than a decade)— the flip side is if you know you want to take a trip at a hard-to-get home resort in Fall 2026 (and you’re definitely going to WDW either way) the $10-20 you might save waiting 4 months will probably get eclipsed by missing your home resort window for 2026 and having to pay cash or rent, etc.

 

[BLTStitch]

I’m in the market and noticing the shrinking inventory also, which seems to be pushing initial asking prices up a little. Of course, there’s no way to know what the deals close for - you just get a notification a listing sold, but I wouldn’t be surprised if actual sale prices are rising a little. Did the ROFR activity last month also have an effect? I’m too new to understand all of the dynamics.

Best to wait until the fall when summer vacations are over and people look towards next year and try to sell? Or do people really defer this decision until the dues bill appears?

Its so hard to hold off on pulling the trigger. I want this done so I can start planning that first owner trip already! What’s the term for add on itis when you are starting from 0?

I started looking DVC back in late June and fastly went into a contract. It was an average deal. If I waited, I could have got a better price to save ~2k. If a good starting price makes you happy, then be patient, good deals will come, it doesn’t hurt to try make offers for what you like. There are always sellers more willing to sell. Just have to be patient. If you are thinking a time to travel, you should still be able to get an average deal quick. It takes really long to get points to be able to use. You will need to make a decision faster.

 

[Carouselofplanning]

I started looking DVC back in late June and fastly went into a contract. It was an average deal. If I waited, I could have got a better price to save ~2k. If a good starting price makes you happy, then be patient, good deals will come, it doesn’t hurt to try make offers for what you like. There are always sellers more willing to sell. Just have to be patient. If you are thinking a time to travel, you should still be able to get an average deal quick. It takes really long to get points to be able to use. You will need to make a decision faster.

All great advice thanks - other question in my mind is that Fidelity claims DVC recommends them to owners for resale. Is this true? Do they exclusively recommend them and if so why? Wondering if it’s simply a paid referral service or if they like them because they don’t dabble in renting which they seem to not like but tolerate somewhat.

 

[CarolynFH]

All great advice thanks - other question in my mind is that Fidelity claims DVC recommends them to owners for resale. Is this true? Do they exclusively recommend them and if so why? Wondering if it’s simply a paid referral service or if they like them because they don’t dabble in renting which they seem to not like but tolerate somewhat.

Yes, DVC does recommend Fidelity when owners contact DVC about selling their points. I don't know why, except that Fidelity is a well-known broker for timeshare resales, not just for DVC but for other brands, so that may be at least one reason.

 

[Brian Noble]

...and this dates back before most of the current brokers were in business. They've been doing this a long time.

 

[Mouseforward]

Yes, DVC does recommend Fidelity when owners contact DVC about selling their points. I don't know why, except that Fidelity is a well-known broker for timeshare resales, not just for DVC but for other brands, so that may be at least one reason.

They have a 20 year history. And a reputation for not paying attention to detail, and goofing up transactions. I love the current January use year listing.

But it is where you look to buy, since they don't pressure sellers to inflate the price.

 

[Carouselofplanning]

They have a 20 year history. And a reputation for not paying attention to detail, and goofing up transactions. I love the current January use year listing.

But it is where you look to buy, since they don't pressure sellers to inflate the price.

This is interesting. I do notice that the listings of the company who does a lot of infotainment online seems (generally) to have higher asking prices than the rest. I wonder whether it’s even worth bidding around what the info out there says is the correct price range because their ask suggests their expectations are out of wack.

 

[airjay75]

This is interesting. I do notice that the listings of the company who does a lot of infotainment online seems (generally) to have higher asking prices than the rest. I wonder whether it’s even worth bidding around what the info out there says is the correct price range because their ask suggests their expectations are out of wack.

Yeah, it's no secret that the site sponsor, dvcresalemarket.com, is generally the worst broker if you're looking for the best "deal" you can find out there. Now, if you're looking to sell OTOH, well, they might not be such a bad option. They do A LOT of marketing - it seems like almost every DVC-related podcast is sponsored by them, and I think they put out a lot of great content themselves. Without them, I'm not sure the DVC resale product would be as valuable as it is. And, because they do a lot of the resale volume, it might be worth paying a premium to them if the right contract comes along at the right time.

 

[VGCgroupie]

I

Agree

 

[airjay75]

Agree

Yeah, not sure how that got posted - LOL. Got it updated