The large number of new Aulani resale contracts??

[LittleBitGoofy]

But you don’t get the closing costs back if you sell…. it just helps them to sell more quickly.

And it often helps them sell for more $/pt.

 

[Chili327]

But you don’t get the closing costs back if you sell…. it just helps them to sell more quickly.

Yep, it’s just money in the bank if needed… and I don’t have to sell all my points if I don’t want to.

 

[AstroBlasters]

And it often helps them sell for more $/pt.

But if you PAID more per point… then isn’t that just a wash?

And really you tied up more capital and paid more in closing costs.

 

[LittleBitGoofy]

But if you PAID more per point… then isn’t that just a wash?

And really you tied up more capital and paid more in closing costs.

What's the problem with it being a wash to have greater flexibility later? The suggestion was it only sold faster. Now we've improved to selling faster and not paying more.

 

[AstroBlasters]

What's the problem with it being a wash to have greater flexibility later? The suggestion was it only sold faster. Now we've improved to selling faster and not paying more.

I’m not sure I follow.

If someone buys a bunch of small contracts then they are most likely paying a premium for those contracts and paying closing closing costs in every single contract (which are not insignificant costs).

They will most likely sell for a premium (aka a wash) but it still ties up more of your capital and you have the added expense of the multiple closing costs. It should also sell more quickly and that is a potential benefit.

I’m not suggesting buy a massive contract that could be very illiquid on the back end, but I think people should be cautious before building a portfolio of only small contracts because of the non-recoupable closing costs and extra unproductive capital outlay.

 

[Chili327]

But if you PAID more per point… then isn’t that just a wash?

And really you tied up more capital and paid more in closing costs.

As far as making out ahead or wash is not the issue. I get the amount of points I want now and I’ll get the max out of a sale later… IF I decide to sell later. And I can sell a contract without having to sell all my points.

It may not make overall financial sense, i definitely could have saved up and purchased one big contract instead, and not be out as much now (closing costs), but if i was saving up for a bigger purchase i wouldn't have the points to use now either, and like i said id be forced to sell a lot of points if i needed to sell. Its not like i would be putting $600 in closing costs into an account instead and saving it just incase i needed it. I would have spent it. lol

*edit* I didn’t even answer your question… yes I paid more now in closing and per point, but I will get the extra per point back if I sell later.

 

[AstroBlasters]

As far as making out ahead or wash is not the issue. I get the amount of points I want now and I’ll get the max out of a sale later… IF I decide to sell later. And I can sell a contract without having to sell all my points.

It may not make overall financial sense, i definitely could have saved up and purchased one big contract instead, and not be out as much now (closing costs), but if i was saving up for a bigger purchase i wouldn't have the points to use now either, and like i said id be forced to sell a lot of points if i needed to sell. Its not like i would be putting $600 in closing costs into an account instead and saving it just incase i needed it. I would have spent it. lol

*edit* I didn’t even answer your question… yes I paid more now in closing and per point, but I will get the extra per point back if I sell later.

Oh, I definitely would stay away from buying one BIG contract. I think larger contracts are a big risk because of the illiquidity.

But for other people at the start of their journey, I would have them consider looking more in the 100-150 point range where the inventory increases and the price can drop significantly over the 25-60 point contracts.

So, instead of 6-8 contracts… it could be 3-4 and they could potentially save $2-3k in closing costs and $5-7k in lower upfront costs on the purchases.

 

[AstroBlasters]

To get back on topic, I go away for a week and some HUGE contracts hit the market.

Remember the poster who purchased the 1000pt AUL that was stripped of all 24/25 points for like $60pp earlier in the year….

 

[Chili327]

Oh, I definitely would stay away from buying one BIG contract. I think larger contracts are a big risk because of the illiquidity.

But for other people at the start of their journey, I would have them consider looking more in the 100-150 point range where the inventory increases and the price can drop significantly over the 25-60 point contracts.

So, instead of 6-8 contracts… it could be 3-4 and they could potentially save $2-3k in closing costs and $5-7k in lower upfront costs on the purchases.

I know we’re trying to get back on topic, but yes, I’m not always the smartest financially. And definitely could have planned it all better.

Remember the poster who purchased the 1000pt AUL that was stripped of all 24/25 points for like $60pp earlier in the year….

Proceed.

 

[AstroBlasters]

I know we’re trying to get back on topic, but yes, I’m not always the smartest financially. And definitely could have planned it all better.



Proceed.

I am not trying to “pick on you”, I just want to have thoughts out there for others that are at the beginning of their journey as they consider what is best for their scenario.

I have a 55pt BWV because

1) Those 2042 resorts have very low point charts.
2) We would always do a split stay and so 55 x 3 =165. That’s plenty for a 2bd for 3 nights.
3) Super easy to sell if we aren’t into the FL flight and Orlando experience.

Since then, we found that every WDW resort room we booked with a home resort advantage was available at the 7m mark or shortly thereafter.

So, that has us reconsidering our whole need to have a WDW home resort strategy. Granted, we stay in larger accommodations and stay away from the studio knife fight and stress bomb.

 

[davidhr]

I am not trying to “pick on you”, I just want to have thoughts out there for others that are at the beginning of their journey as they consider what is best for their scenario.

I have a 55pt BWV because

1) Those 2042 resorts have very low point charts.
2) We would always do a split stay and so 55 x 3 =165. That’s plenty for a 2bd for 3 nights.
3) Super easy to sell if we aren’t into the FL flight and Orlando experience.

Since then, we found that every WDW resort room we booked with a home resort advantage was available at the 7m mark or shortly thereafter.

So, that has us reconsidering our whole need to have a WDW home resort strategy. Granted, we stay in larger accommodations and stay away from the studio knife fight and stress bomb.

About your last point, during the past years after Covid, there were a lot of banked points in the system and it was very difficult to book almost anything. Now it looks back to normal, but a lot of people still remember the past years and overestimate how difficult is to book at 7 months. Yes, there some difficult to book rooms, but I have seen plenty availability at 7 months for the past year.

 

[Chili327]

I am not trying to “pick on you”, I just want to have thoughts out there for others that are at the beginning of their journey as they consider what is best for their scenario.

I have a 55pt BWV because

1) Those 2042 resorts have very low point charts.
2) We would always do a split stay and so 55 x 3 =165. That’s plenty for a 2bd for 3 nights.
3) Super easy to sell if we aren’t into the FL flight and Orlando experience.

Since then, we found that every WDW resort room we booked with a home resort advantage was available at the 7m mark or shortly thereafter.

So, that has us reconsidering our whole need to have a WDW home resort strategy. Granted, we stay in larger accommodations and stay away from the studio knife fight and stress bomb.

Yep totally agree, the info we post is for many (especially new members), and everyone has different needs.

I have realized the same thing about not needing home resort priority for some of my stays, moving forward, I could probably could have just bought BLT in bulk and a small BWV and been fine… every time I get tempted by an AKV contract I am reminded. lol
BUT with all that said it will be nice to own AKV after 2042.

About your last point, during the past years after Covid, there were a lot of banked points in the system and it was very difficult to book almost anything. Now it looks back to normal, but a lot of people still remember the past years and overestimate how difficult is to book at 7 months. Yes, there some difficult to book rooms, but I have seen plenty availability at 7 months for the past year.

That is good to hear!!

 

[VGCgroupie]

Was finally able to post my newest Aulani in the ROFR thread. Worked for months to get this deal and thats why this thread interested me so much. The deal feels a little less sweet with the bajillion Aulani's that hit the market while I was working on this contract. But I am still very happy

 

[Disneyjohnny]

Just seen a few stripped Aulani contracts have now been reduced to $88/89

 

[Jimmy Geppetto]

Just seen a few stripped Aulani contracts have now been reduced to $88/89

… And any savvy buyer knows more reductions are necessary to make it a decent deal.

 

[Disneyjohnny]

… And any savvy buyer knows more reductions are necessary to make it a decent deal.

I’m pretty new to DVC but I considered it to be quite a deal Am I missing something? Any help or advice is very welcomed.

 

[Jimmy Geppetto]

I’m pretty new to DVC but I considered it to be quite a deal Am I missing something? Any help or advice is very welcomed.

It's not a great deal at all. You are better off to wait for a contract with 2024 or 2025 points.

Let's assume Fidelity lists a fully loaded AUL contract with 2024 banked points and 2025 points for $105pp. Those "banked" points if valued at $15pp (a very conservative value for AUL points) brings the $105pp down to $90pp. And that's without negotiating. The listings at $88 and $89pp don't have 2025 points. So continuing on the same example, that brings the $105 listing down to $75pp in value.

$88pp for AUL with points only starting in 2026 is a terrible deal.

 

[Disneyjohnny]

It's not a great deal at all. You are better off to wait for a contract with 2024 or 2025 points.

Let's assume Fidelity lists a fully loaded AUL contract with 2024 banked points and 2025 points for $105pp. Those "banked" points if valued at $15pp (a very conservative value for AUL points) brings the $105pp down to $90pp. And that's without negotiating. The listings at $88 and $89pp don't have 2025 points. So continuing on the same example, that brings the $105 listing down to $75pp in value.

$88pp for AUL with points only starting in 2026 is a terrible deal.

That’s amazing! Thank you!

See my brain said “If you aren’t using it until 2026, then it’s a bargain over paying $105 when you don’t need the points”

Your description is so helpful.

 

[D-Trick]

I’m pretty new to DVC but I considered it to be quite a deal Am I missing something? Any help or advice is very welcomed.

All it takes is one person to take the bait. You didn't say if you were in the market for an AUL contract. If you are, then don't be that person. Patience!

 

[Disneyjohnny]

All it takes is one person to take the bait. You didn't say if you were in the market for an AUL contract. If you are, then don't be that person. Patience!

I’m not really in the market for anything right now, though I do want to increase my points at AKL and Riviera if something pops up.