Where do you think DVC resale prices are headed?

[CastAStone]

I'm stalking a resale at AKV price of $130 pp for 100 point. 0/19, 200/20, 100/21 and buyer pays MF for 2020 which puts the price over $14k. The price per point seems high compared to comps on other resale sites. Would like to hear thoughts on this.

 

[disneykim17]

because the supply got low, there were quite a few AKV that came on the market at $10 to 20 above the the market.

Thank you bookwormde...do you think this will continue with AKV resale contracts? I didn't want to low ball and insult the seller.

 

[holyrita]

I'm stalking a resale at AKV price of $130 pp for 100 point. 0/19, 200/20, 100/21 and buyer pays MF for 2020 which puts the price over $14k. The price per point seems high compared to comps on other resale sites. Would like to hear thoughts on this.

The total for my 160 AKV contract is less than this one.. waaaay too high, compared to what you can get elsewhere. Keep looking!

 

[disneykim17]

The total for my 160 AKV contract is less than this one.. waaaay too high, compared to what you can get elsewhere. Keep looking!

That's what I was thinking as well. I was liking the prices that I saw last week between $105 and $110 per point. I contemplated offering $108 but like I said didn't want to offend anyone.

 

[TinkB278]

I'm stalking a resale at AKV price of $130 pp for 100 point. 0/19, 200/20, 100/21 and buyer pays MF for 2020 which puts the price over $14k. The price per point seems high compared to comps on other resale sites. Would like to hear thoughts on this.

I saw this and thought it was super high. I just feel like that website is really propping up the prices on AKV. You can almost get poly or BLT for the same price.

 

[striker1064]

That's what I was thinking as well. I was liking the prices that I saw last week between $105 and $110 per point. I contemplated offering $108 but like I said didn't want to offend anyone.

We got $102 for 160 AKV back in February, pre-COVID19. Granted, prices are always lower on more points plus there were more contracts available at that point than there are now, but that is my barometer. At the time I recall seeing $125 for 100 points and the seller wouldn't take anything less than full price, and that was too much for us. I wouldn't go for this.

AKV has a lot of total of points. Prices will come back down eventually as more contracts come on the market. You can always expect to see more listings around the time MFs come due in December/January. I would wait it out.

 

[MrWonderful]

That's what I was thinking as well. I was liking the prices that I saw last week between $105 and $110 per point. I contemplated offering $108 but like I said didn't want to offend anyone.

Offend away! If you pay 130 you are way overpaying. When a listing is way overpriced, I way under bid. If they have a fair price, I bid much more reasonably. The goal is to settle on a fair price. NEVER feel you are offending a seller when they are not being reasonable. My .02

 

[EM Lawrence]

I’ve seen several prices from one broker lately that have me looking for the “LOL” button. Alas, it is missing.

 

[MICKIMINI]

$130 for 100 AKL is way TOO high! I had several discussions with this broker regarding AKL prices as I tried to bid on two different contracts and lost both. Their attitude is that people are willing to pay, so that's the price (according to their 'price checker") which they can manipulate up and down. They are not the only broker out there. There were two 25 point contracts that got full price of $120 last week...which was a fair price for such small contracts with points IMHO.

 

[disneykim17]

The only thing that made me think about making any kind of an offer is it is my UY and they don't come around too often. Thank you everyone for your input...it is greatly appreciated. I'll keep looking.

 

[lovethesun12]

I’ve seen several prices from one broker lately that have me looking for the “LOL” button. Alas, it is missing.

Yup. $170 for a poly contract with only 2021 points? No thanks. Someone asked on another thread who would pay $200+ for poly direct...that would be me, who does not want to buy Poly with no current use year points for $170pp...

 

[bookwormde]

Almost all of these are from using the largest broker's price estimating tool, which is way off. I guess those that want to be told that there contract is worth more than it will sell for appear to be listing with them.

https://www.dvcresalemarket.com/selling/what-is-my-dvc-contract-worth/

 

[Isabelle12345]

Almost all of these are from using the largest broker's price estimating tool, which is way off. I guess those that want to be told that there contract is worth more than it will sell for appear to be listing with them.

https://www.dvcresalemarket.com/selling/what-is-my-dvc-contract-worth/

This makes me feel good about the price I got for my contract currently in ROFR... it IS way off!

 

[bookwormde]

Almost all of these are from using the largest broker's price estimating tool, which is way off. I guess those that want to be told that there contract is worth more than it will sell for appear to be listing with them.

https://www.dvcresalemarket.com/selling/what-is-my-dvc-contract-worth/

I ran a lot of data from the ROFR thread and the majority are about $20 under what this tool shows. the majority of SSR and OKW contracts are closer to $10 under

 

[poofyo101]

I'm stalking a resale at AKV price of $130 pp for 100 point. 0/19, 200/20, 100/21 and buyer pays MF for 2020 which puts the price over $14k. The price per point seems high compared to comps on other resale sites. Would like to hear thoughts on this.

Too high as everyone said
Double points should be around 110 ish.
100 being a good deal.
Normal use year points around 105
Good deal being 90-95
Stripped good deal below 90.
IMO.

 

[disneykim17]

It seems like today the resale prices have gone way up and aren't sitting at the low prices they were last week. I'm hoping that playing the wait and watch game the prices will come back down to what they were last week and the week before. Any thoughts?

 

[CastAStone]

I ran a lot of data from the ROFR thread and the majority are about $20 under what this tool shows. the majority of SSR and OKW contracts are closer to $10 under

That sounds right from the little spot checking I've done. That site always seems to have the highest average prices of the 4-5 largest in my anecdotal analysis. That would say something closer to 15% off is more accurate in terms of comparing list to sold (although I do think the ROFR thread, by nature of being cobbled mainly by buyers, has a bit of a low price bias).

 

[poofyo101]

It seems like today the resale prices have gone way up and aren't sitting at the low prices they were last week. I'm hoping that playing the wait and watch game the prices will come back down to what they were last week and the week before. Any thoughts?

patience.
there has been one on fidelity with double points for 103 for quite some time. Oct use year.

 

[bookwormde]

That sounds right from the little spot checking I've done. That site always seems to have the highest average prices of the 4-5 largest in my anecdotal analysis. That would say something closer to 15% off is more accurate in terms of comparing list to sold (although I do think the ROFR thread, by nature of being cobbled mainly by buyers, has a bit of a low price bias).

yes 15% was what I was seeing also.

I agree and DISers are likely more knowledgeable buyers so get somewhat lower prices

 

[mcgils]

I ran a lot of data from the ROFR thread and the majority are about $20 under what this tool shows. the majority of SSR and OKW contracts are closer to $10 under

I just plugged in the details of my SSR contract that passed ROFR and it came out at $99/pt. The seller started there (with another broker), and we ended up at $90.