Ton of resales?

[ExRIGuy]

Wow, been a while since I looked. Is it me or is that a ton of resales?

 

[Granny]

Membership continues to expand, so it would stand to reason that the resale contracts being offered would do so as well.

 

[LisaS]

I remember this being discussed around this time last year. Someone mentioned that it may be related to the annual dues being due this time of year and that made sense to me. If people have other pressing financial issues or just find they aren't making full use of their points any longer, receiving their dues bill may be the thing that motivates them to list their contract.

ETA: Another thought: some people have posted they are selling one of their contracts in order to purchase a new one at AKV. That may be adding a few more contracts to an already busy time of year for sales.

 

[byoung]

Maybe selling to buy AKV.

 

[ExRIGuy]

I don't know, thats the most BCV contracts I have ever seen, and I don't suspect those folks are buying AKV.

 

[CarolA]

I think the BeachClub resales are folks thinking the run up may be about at it's top and it's time to take the profits. Look at those prices LOL! I admit I was tempted! I mean BCV is selling for almost $20 a point over OKW and $10 a point over the other resorts. I have to sell something to justify my AK purchase and the profit magin here is great, but I love my BCV so it's either going to be SSR or OKW.

And my personal fav BCV contact has been on there FOR months. For the going rate these folks would like you to buy thier contract which has only one point avaialble until 2009, no wonder it's not moving

 

[Melrosgirl]

Yeah, we love BCV, but even my dh (and I) were thinking of selling just to take the nice profit. You can't count on a profit with most
timeshares. With the BCV one (and most DVC I presume), a nice profit is happening right now.

We aren't selling though.

 

[jaysue]

It is awfully tempting to see those 320 BCV points that we picked up at $74 pp - who ever heard of a timeshare going up in value over time

The catch is that BCV is such a hit with the whole family - we have stayed at all the DVC properties (and we do own at VB and SSR as well) and we do enjoy them all but always would choose BCV first (at least until CRV opens)

Cheers
jaysue

 

[dumbo71]

It is awfully tempting to see those 320 BCV points that we picked up at $74 pp - who ever heard of a timeshare going up in value over time

The catch is that BCV is such a hit with the whole family - we have stayed at all the DVC properties (and we do own at VB and SSR as well) and we do enjoy them all but always would choose BCV first (at least until CRV opens)

Cheers
jaysue

Actually I just heard of one a few days ago. VCI (Club International in Cancun). It is owned by Royal Resorts. Those members are getting a 40% return over the buy in amount.

That resort had a 30 year term. It opend in 1977. Now at the end of the 30 year term the resort went up for bid to the highest bidder. Royal Resorts ended up being the highest bidder so they will keep it. Owners there split the money from the sale. Those cashing out are getting there money back plus over 40% additional. Those chosing to buy back in can do so at 50% off the rate being offered to the public. Nice deal, with Royal Resorts you are a TRUE owner unlike DVC and most others. You own so when the term is up you get the money from the sale to the highest bidder. You are guaranteed at least your money back.

Royal Resorts is one of the best.

 

[fishermouse]

Actually I just heard of one a few days ago. VCI (Club International in Cancun). It is owned by Royal Resorts. Those members are getting a 40% return over the buy in amount.

That resort had a 30 year term. It opend in 1977. Now at the end of the 30 year term the resort went up for bid to the highest bidder. Royal Resorts ended up being the highest bidder so they will keep it. Owners there split the money from the sale. Those cashing out are getting there money back plus over 40% additional. Those chosing to buy back in can do so at 50% off the rate being offered to the public. Nice deal, with Royal Resorts you are a TRUE owner unlike DVC and most others. You own so when the term is up you get the money from the sale to the highest bidder. You are guaranteed at least your money back.

Royal Resorts is one of the best.

Sounds interesting do you have a link?

 

[dumbo71]

Sounds interesting do you have a link?

Sorry, I don't. I found this out firsthand. I just got back from a week at a Royal Resort (Royal Caribbean). I met some VCI owners there and we talked about Royal Resorts. They told me about the program and how they just made out. VCI is in the last year of the original 30 year term and they are settling up with the owners. As a true OWNER not a RTU Timeshare they gt the proceeds from the sale. All of their resorts are done this way. The newer ones have 50 year terms but at the end the Resort goes up for sale to the highest bidder. Proceeds are divided between the owners.