Surprised at high ppp for BCV, still?!?

[tom1944]

I have bought and sold a lot and I don’t think they are going to send your offer to multiple owners at once,

I think they will ask you to tell them which contract you are interested in and go from there. Now, I have heard of people putting in a few offers at different brokers at once but we never had,

We gave all the sellers a timeline,,,,24 hours,,,if they didn’t respond by then, we went to the next one.

That would work for me just fine

 

[Cfabar1]

I find DVCResale to be very proactive with service, but their prices are definitely higher than Fidelity and other avenues.

I also find that several sellers have unrealistic expectations. That said, BVC and BWV are in a great part of the Disney campus, a true choice location for Epcot. It is not surprising that they are wanting top dollar. However, having the Swan and Dolphin nearby definitely eliminates some of the value - especially for studios.

 

[dvc lover 1970]

Market is coming down all around. BCV always has been on the high end of the market going back to 2009. I agree with previous posters that many owners may list high and figure if they get their price great, if not they will rent or use it.

 

[Frederic Civish]

The X factor here is that ROFR activity which was massively high earlier this year has come to a standstill and thus prices for those often ROFR’d resorts have come down. The BCV contracts will probably sit at those $160 for longer than you think as brokers wait to see what will happen with ROFR activity in the next couple of months.

I think the point is that the sudden, apparent, drop off in ROFR by Disney indicates a lack of interest in purchases for people going to them. Typically, unless the price of a ROFR offering is amazingly low, I believe they don't pursue it, UNLESS they have someone on their waitlist who has specified they want something within those parameters.

So, decrease in ROFR might well indicate that total interest is down, total sales are down, and price might be coming down a bit in the near future.

 

[Straulin]

As others have said, realtor ethical rules require you to present every offer barring an instruction from the owner to the contrary.

Never be afraid to make an offer as a buyer. Worse they can do is turn you down. Often they will counter.

 

[DVCanadian]

They should be required to submit all offers like any real estate agent

I was actually thinking about contacting various brokers and saying I am interested in 250 points at a specific resort and I am willing to pay x amount. Please present my offer to any of your clients with 250 points for sale. They might not have to do that but what are they going to do not deal with me going forward?

I used this approach in 2011 to buy at SSR.
Told the fidelity agent what I was willing to pay and provided a range for points and use year.
Should work just fine. I’d only use one broker at a time though to avoid making offers at the same time to multiple sellers.

 

[Epcot Forever Forever]

It’s just sticky because people are optimistic. Wait for the right contract to either drop in price or appear for sale. Turn on text alerts from all brokers. Lowball every contracts you’re interested in one by one.

You are correct to be skeptical of the current prices but many people look at what’s for sale and just think “oh I guess that’s how much it costs” so some portion of those sellers will get asking price. In the current market, most won’t, and will likely in 6 months be wishing they’d dropped their price sooner. But in the mean time, they all think they’re the seller who deserves to get the highest sale price that month for their partially stripped contract, because people are emotional and not cold and realistic.