Where do you think DVC resale prices are headed?

[Noles235]

If those contracts are still on the market in two weeks, go back and offer less.

I need a better way to keep track of listings I have put a bid in for. After awhile, many look the same.

 

[MICKIMINI]

I need a better way to keep track of listings I have put a bid in for. After awhile, many look the same.

I print a copy of the listing from the broker and make notes on that. Hang on to all of them until you close and get your points just in case you want to go back and make another offer.

Simple, but effective! Good luck!

 

[bookwormde]

I just spoke to a broker who was very cool with the idea of trying to get a good deal through ROFR; that was a nice change.

BUT it was also indicated that people are still buying In a close range (-$5) to the prices listed.

So, everyone, quit buying now!!!

while there are some sales that are tracking close to asking, there are many more close to or more than $10 below asking. This was confirmed by a TSS rep on the podcast

 

[EM Lawrence]

There are a couple of contracts I made really fair offers on ($10 below asking) that are still available, so I kind of doubt the $5 less than asking bit.

 

[jarestel]

I of course own 175 at RIV for food and wind

Sandisw, I know this is a typo, but I really love this description of food and wine!

 

[pirate33]

Another VGF contract just posted on ROFR board below $150 per point.

 

[bookwormde]

5/6 update

number of newly posted resale contracts at about 160% of average

 

[Cyberc1978]

Another VGF contract just posted on ROFR board below $150 per point.

When mine is sent to rofr I’ll post it too.

 

[macman123]

I have the DVC Resale Market app.

They had a contract for BLT 175 Points at $148pp. However 10 hours later I had another notification that the same contract went UP to $150pp.......

 

[TinkB278]

I just feel like new contracts are being purchased so quickly... I expected the opposite to be true with job loses, the parks closed, and potential major changes in the parks going forward. I just think it’s bizarre.

 

[DisMomKY]

I just feel like new contracts are being purchased so quickly... I expected the opposite to be true with job loses, the parks closed, and potential major changes in the parks going forward. I just think it’s bizarre.

We are selling some of our contracts high and buying low, others may be doing that as well. We just sold an AKL and SSR and are buying an SSR cheaper

 

[TinkB278]

We are selling some of our contracts high and buying low, others may be doing that as well. We just sold an AKL and SSR and are buying an SSR cheaper

Is there some trick in being able to buy low with how much demand there seems to be right now? I’ve missed out of a few contracts I’ve been interested in because they sell so fast despite the listing price not being any lower than normal. I’m wanting an AKL contract around 120ish points and it seems like they sell within hours so I can’t imagine offering less than the asking price.

 

[DisMomKY]

Is there some trick in being able to buy low with how much demand there seems to be right now? I’ve missed out of a few contracts I’ve been interested in because they sell so fast despite the listing price not being any lower than normal. I’m wanting an AKL contract around 120ish points and it seems like they sell within hours so I can’t imagine offering less than the asking price.

I just offer til I get someone to bite at what I am okay spending. I wanted 200 pts at SSR under 90 per point so I kept offering til I got it

 

[lovethesun12]

I just feel like new contracts are being purchased so quickly... I expected the opposite to be true with job loses, the parks closed, and potential major changes in the parks going forward. I just think it’s bizarre.

It is interesting. Maybe more people are also bored and that's the reason? Or people who were watching the market for a certain price are finally getting that price.

They do say the more times you click on a website the more likely you are to buy something....

 

[macman123]

Or people who were watching the market for a certain price are finally getting that price.

Thats exactly what I did. I was watching like a hawk. I knew the contract I wanted and price I was willing to pay. it was just a case of waiting, waiting, waiting.........

Then when it came up, I made a really low offer, I knew it wouldn't be accepted but wondered what seller would counter with, so I knew what they may end up accepting.

 

[OSUZorba]

I have the DVC Resale Market app.

They had a contract for BLT 175 Points at $148pp. However 10 hours later I had another notification that the same contract went UP to $150pp.......

There look to be quite a few below $150 listed right now.

 

[poofyo101]

There has been no reduction in price. It also seems like contracts are moving faster than before IMO.

 

[CastAStone]

There has been no reduction in price. It also seems like contracts are moving faster than before IMO.

The first part is empirically untrue. Look through the ROFR thread or in particular the DVCResaleMarket monthly sell price blog posts.

The second part is less clear; 200+ point contracts seem to be sitting forever, as do many VGF and non-park contracts. 100 point contracts at the WDW resorts OTOH are often failing to make it a day.

 

[Jaguar Skills]

I just offer til I get someone to bite at what I am okay spending. I wanted 200 pts at SSR under 90 per point so I kept offering til I got it

@DisMomKY can I ask when this was? This is exactly what we are looking at.

 

[DisMomKY]

@DisMomKY can I ask when this was? This is exactly what we are looking at.

Sure! It was on Www.*************.com. It was priced higher than that, at 93 per point. Just have to find a seller willing to budge