Where do you think DVC resale prices are headed?

[disneykim17]

Couldn't you get about 77 more points, with that price differential?
100Pts at $186 = $18,600
$18,600 / $105 = 177Pts

Since we are looking for an add-on, we have a price range in mind that doesn't work with purchasing direct anymore, but works well with resale. We are looking for 75-80 points with a Sept. UY. 75 Pts at $186 = $13,950 (w/o closing costs) and 75 Pts at $105 = $7,875 and leaves room for closing costs.

 

[Lorana]

We purchased thru https://www.*************.com/

All in all very professional and prompt. Of course, I may have just stumbled into a super responsive seller... but it all went very quick and pleasant.

I have a contract in ROFR right now through them. Absolutely agree! Prompt, courteous, recapped all important information, and helped me seal the deal. 10/10, would work with again.

 

[Lorana]

I have never done a transfer since buying in 1996! I believe you can do one a year (UY or calendar?) You have to find another DVC owner who is willing to take the transfer and pay you. There are threads on disboards regarding transfers. There is a rental thread on disboards though I have never used it.

Once per UY. I in fact recently purchased transferred points - one in 2019 UY (which I banked into 2020) and one in 2020 UY. Both transactions were done within about a month of each other (same calendar year).

 

[Sun_soakin]

Jumping in here and haven’t read much of the thread... I read that listings are up considerably YOY, but have prices come down at all? I always kick myself for not having bought in during the last downturn. I’d love to get a decent price on GCV, but would also be happy to grab SSR if it was cheap. We’d be looking at large contracts (we have 4 kids). Thx!

 

[KAT4DISNEY]

Jumping in here and haven’t read much of the thread... I read that listings are up considerably YOY, but have prices come down at all? I always kick myself for not having bought in during the last downturn. I’d love to get a decent price on GCV, but would also be happy to grab SSR if it was cheap. We’d be looking at large contracts (we have 4 kids). Thx!

No, there's been no big drop in prices. You can find some contracts that are lower compared to the average before the crisis but it's not affecting all contracts.

 

[Noah_t]

While I agree theres a lot of listings out there still asking a premium I am seeing some really great deals that were not around 6 months ago. 120 Poly, 80 Aulani, 100-130 BLT, Beach clubs below 130, Boardwalks below 110, SSR's well below 100. These are not one offs either. I posit anyone out there could find the aforementioned prices if they look and make some below asking offers.

 

[Sun_soakin]

No, there's been no big drop in prices. You can find some contracts that are lower compared to the average before the crisis but it's not affecting all contracts.

Bummer. Well, that’s good news for our economy...I haven’t seen deals anywhere. In fact, our local real estate market is on fire

 

[Sun_soakin]

While I agree theres a lot of listings out there still asking a premium I am seeing some really great deals that were not around 6 months ago. 120 Poly, 80 Aulani, 100-130 BLT, Beach clubs below 130, Boardwalks below 110, SSR's well below 100. These are not one offs either. I posit anyone out there could find the aforementioned prices if they look and make some below asking offers.

I need to start watching. It’s been a while since I thought about it seriously, so I’m not up to speed on where pricing has been lately. I was just getting annoyed at the restrictions Disney was putting on resale members. Tho I don’t think those perks held much real value last time I checked.

 

[bookwormde]

6/12 update

number of newly posted resale contracts at about 120-140% of average*

* Aggregating site is not updating so lower level is directly observed, upper level includes what is would typically only observed through the aggregating site.

 

[ABE4DISNEY]

Beach clubs below 130, Boardwalks below 110, SSR's well below 100. These are not one offs either. I posit anyone out there could find the aforementioned prices if they look and make some below asking offers.

You must be interested in the larger contracts; there are definitely some good deals there!

But for people looking in that 25-150 range, not so much. I've been trolling around looking for lower points/cheaper prices for a couple months now and there is not much left under 100 points. And the prices in that range have pretty much stabilized or are even going up.

I think our perspective of the resale market is through the lens of what we are each specifically searching.

 

[Noah_t]

You must be interested in the larger contracts; there are definitely some good deals there!

But for people looking in that 25-150 range, not so much. I've been trolling around looking for lower points/cheaper prices for a couple months now and there is not much left under 100 points. And the prices in that range have pretty much stabilized or are even going up.

I think our perspective of the resale market is through the lens of what we are each specifically searching.

Yes that's a good point. Most anything under 100 points are pretty expensive aren't they. If you can get up to 150 there are definitely some great deals though. What resorts are you looking at?

 

[Brian Noble]

Bummer. Well, that’s good news for our economy...I haven’t seen deals anywhere. In fact, our local real estate market is on fire

My sense is that there is still a lot of denial in the air on both sides of the market. Everyone wants everything to be back to normal, but I don't think it will be for a good while--either economically or epidemiologically. It is going to take some time for reality to sink in, because reality just isn't that pleasant and humans have an uncanny ability to resist unpleasant facts.

 

[4luv2cdisney]

Since we are looking for an add-on, we have a price range in mind that doesn't work with purchasing direct anymore, but works well with resale. We are looking for 75-80 points with a Sept. UY. 75 Pts at $186 = $13,950 (w/o closing costs) and 75 Pts at $105 = $7,875 and leaves room for closing costs.

I think you are going to end up with a 100 pt contract unless you're really patient or really lucky. ROFR thread has 5 contracts in the last year under 100 points. 3 - 50's, 1 - 60 and 1- 80 and you can't expect the low end pricing for under 100 points. You usually pay a premium.

Just factor in the extra expense for points you "don't need but will use anyway". Lol. And the extra dues.

 

[soniam]

Bummer. Well, that’s good news for our economy...I haven’t seen deals anywhere. In fact, our local real estate market is on fire

I am really surprised by our market here too. Our neighbor is a real estate agent, actually sold us our house. He said things are still going well. The houses for sale in our neighborhood are moving fast too. Also, our house value has kept jumping in price the whole time according to sites like Redfin and Zillow. However, our market barely stumbled during the Lehman brothers crisis. It sort of paused for about 6 months, maybe a year if it was a higher priced smaller home near downtown, but then started moving up again. I am hoping things will stay this way, but there could be a boomerang way off in the distance that's about to come back and slap the economy down.

 

[CastAStone]

While I agree theres a lot of listings out there still asking a premium I am seeing some really great deals that were not around 6 months ago. 120 Poly, 80 Aulani, 100-130 BLT, Beach clubs below 130, Boardwalks below 110, SSR's well below 100. These are not one offs either. I posit anyone out there could find the aforementioned prices if they look and make some below asking offers.

Agree. Some resorts like AKV and VGC haven’t budged, save for the occasional one off desperate seller.

Others though like SSR, BWV, and VGF have seen very clear price drops of roughly 10%-15% across all point offerings. To me that is a very meaningful change on something so expensive.

 

[Royal Consort]

Agree. Some resorts like AKV and VGC haven’t budged, save for the occasional one off desperate seller.

Others though like SSR, BWV, and VGF have seen very clear price drops of roughly 10%-15% across all point offerings. To me that is a very meaningful change on something so expensive.

The usual suspects appear to be trading as normal because there has always been a steady supply. Previously contracts for VGF were fewer and far between, particularly within the <100 point mark. Over the last couple of months there has been more availability with a variety of UY available. The price reductions are certainly not DVC wide but focused on specific resorts. Perhaps this is a correction of sorts.

 

[KAT4DISNEY]

Agree. Some resorts like AKV and VGC haven’t budged, save for the occasional one off desperate seller.

Others though like SSR, BWV, and VGF have seen very clear price drops of roughly 10%-15% across all point offerings. To me that is a very meaningful change on something so expensive.

Those resorts also had seen that jump in just the past 10-12 months. I'd say that was when it went a little cuckoo and now any drop is just a more realistic return. VGF was pretty easy to get for $155 or so less than a year ago.

 

[ABE4DISNEY]

What resorts are you looking at?

I’m only looking for a really good deal right now.

I already added on and don’t really need any points, but if I saw a small one that was a steal, I would jump on it. Preferences would be BLT, PVB, or VGF as I don’t have a monorail contract yet.

Maybe the fall will bring some deals?

 

[Arguetafamily]

Hrm so with the borrowing restrictions over two years I’ll guess I’ll have to make sure I have double the points too, just in case

So the borrowing restrictions are set for two years Is this set in stone

 

[CastAStone]

So the borrowing restrictions are set for two years Is this set in stone

They have given no timeframe.