The large number of new Aulani resale contracts??

[pzw90]

I am so glad I am not trying to sell an AUL right now, this will depress the market for at least a year. But what’s funny is that so many of these contracts are stripped that it likely won’t depress the rental market because all of those points have already been stripped out.

I really don't understand it. Most of them are stripped AND have a delayed close. If you can't close for months, why not list them then? Would be closer to the next UY year when points are available and would appear less stripped (I get points in a few months not a year and a half). Makes me believe they may be more flexible on the pricing and motivated to move. Someone should make some really aggressive offers.

But also as a buyer I wouldn't want them with such a delayed close. Lock myself into a price that could very well fluctuate out of my favor, or lose the deposit if I need to get out. The seller can cancel it if the market improves in their favor. Could the broker market it in the timespan until close, trying to get a better deal and more commission? Not sure what's preventing them from it? A contract? Why couldn't the contract be cancelled by the seller? They don't have a deposit holding them to it.

 

[disneylandtour]

Someone should make some really aggressive offers.

Hmmm, I can tell you that lowball offers aren't working here--at least from a small sample group...a few weeks ago.

 

[grepes]

I really don't understand it. Most of them are stripped AND have a delayed close. If you can't close for months, why not list them then? Would be closer to the next UY year when points are available and would appear less stripped (I get points in a few months not a year and a half). Makes me believe they may be more flexible on the pricing and motivated to move. Someone should make some really aggressive offers.

But also as a buyer I wouldn't want them with such a delayed close. Lock myself into a price that could very well fluctuate out of my favor, or lose the deposit if I need to get out. The seller can cancel it if the market improves in their favor. Could the broker market it in the timespan until close, trying to get a better deal and more commission? Not sure what's preventing them from it? A contract? Why couldn't the contract be cancelled by the seller? They don't have a deposit holding them to it.

A buyer could be convinced the price is going up.

 

[pzw90]

A buyer could be convinced the price is going up.

And that's probably who they are targeting. Get them in, tie them down with a deposit. And if the prices go down, awesome for the seller, they got a contract and worst case they split the deposit with the broker. But what if the prices go up? What if they go up significantly. You locked in at 90$/p today, what if the going rate goes to 100/120/140/200 $/p (hypothetical) closer to closing date, why cant the seller back out and relist? All the buyer gets is their deposit back and lost the opportunity to have bought months earlier when prices were cheaper. I just don't understand the benefit to the buyer on a delayed close.

 

[enk8fe5w]

Most contracts have the option for specific performance in the event of a seller default, meaning the buyer can go to court to enforce the contract. It's unlikely the costs of that are worth it for either side, but the threat of it might be enough to keep the seller from attempting this tactic if the price goes up.

 

[lilsonicfan]

I think https://resales.*******.com/ is just creating new listings from old listings, having now updated the maintenance fees to say $10.12 per point.

 

[Jimmy Geppetto]

I really don't understand it. Most of them are stripped AND have a delayed close. If you can't close for months, why not list them then? Would be closer to the next UY year when points are available and would appear less stripped (I get points in a few months not a year and a half). Makes me believe they may be more flexible on the pricing and motivated to move. Someone should make some really aggressive offers.

If you can't close for months, why not list them then? Would be closer to the next UY year when points are available and would appear less stripped (I get points in a few months not a year and a half).

Agreed. The delayed close is primarily what causes many of us to wonder what the reasoning is. They don’t get their capital back until after the close. So listing this early is interesting… unless the seller knows something the buyer (and us) doesn’t.

 

[VGCgroupie]

I

I think it’s just reposting the ones from two months ago. Move them up on the aggregators to look new. Maybe drop a dollar here and there on asking price.

I was wondering if that’s what it was

 

[ChipTheRescueRanger]

One broker is now starting to list stripped contracts with 0 points till 2027 !

 

[Disneyjohnny]

One broker is now starting to list stripped contracts with 0 points till 2027 !

Wow…not even cheap…and delayed closing until September 25!

 

[pzw90]

I don’t think we are the target audience. They’re looking for someone who only sees it cheaper than direct, someone who probably won’t even ask to be reimbursed for the MF on the missing points.
It doesn’t hurt them to list it, costs them nothing more than a few minutes of their time. If they get someone that hasn’t done their research, they sell, if not they continue to rent and sell the stripped contract. I don’t think they’re taking a loss here.

 

[VGCgroupie]

One broker is now starting to list stripped contracts with 0 points till 2027 !

Yeah I saw that. Crazy

 

[VGCgroupie]

I don’t think we are the target audience. They’re looking for someone who only sees it cheaper than direct, someone who probably won’t even ask to be reimbursed for the MF on the missing points.
It doesn’t hurt them to list it, costs them nothing more than a few minutes of their time. If they get someone that hasn’t done their research, they sell, if not they continue to rent and sell the stripped contract. I don’t think they’re taking a loss here.

Even if I wasnt aware of the boards I couldn't imagine spending that much on a timeshare I couldn't use for that many years, I would say that is crazy talk. It's like buying a car that has to sit in the garage for 2-3 years. No thanks.

 

[VGCgroupie]

how many points? I need to know if I should torture myself with regret that I didn't see it.

165 pts

 

[AstroBlasters]

whew! Too many for me. Only plan to go to Disneyland about every 1-2 years for a few days.

You aren’t going to find many contracts of that size to begin with and if you do they are going to be $$$.

 

[ChipTheRescueRanger]

Ten ton of Aulani contracts just appeared

​

 

[Sandisw]

Reminder…no sharing detials of contracts for sale. Had to delete several posts.

General comments only about trends, etc..nothing that allows someone to “find” a listing.

 

[LittleBitGoofy]

Soo many Aulani contracts listed overnight and they're all missing current year points and most are missing next year's too (several even stripped until 2027 - wowza).

I haven't been paying close enough attention, but are these just refreshed listings from one broker or actually new entries?

 

[JackosinDIS]

Soo many Aulani contracts listed overnight and they're all missing current year points and most are missing next year's too (several even stripped until 2027 - wowza).

I haven't been paying close enough attention, but are these just refreshed listings from one broker or actually new entries?

Some of them are just refreshed listings with reduced prices. Some are new. Either way… what is going on?!!

 

[lowlight]

With the comments made at the recent DVC condo association meeting, I imagine these are people who primarily rent for profit exiting while they can.