Where do you think DVC resale prices are headed?

[MICKIMINI]

There is a 100 point SSR AUG UY with 100 2020 and 100 2021 points for $100 at Fidelity right now! I think it dropped this morning (not positive) and it is a great place to start negotiations. Stalk until you drop!

 

[glamdring269]

There is a 100 point SSR AUG UY with 100 2020 and 100 2021 points for $100 at Fidelity right now! I think it dropped this morning (not positive) and it is a great place to start negotiations. Stalk until you drop!

There is an even better February 100 pointer there priced at $95. Crazy. This seems like the best way to get into a 1BR pretty much anywhere at 7 months for most times of the year if you travel every 2 years like we do. I'll bet you can get these contracts in the 80s. My only concern would be getting stuck at SSR but then again Disney Springs is pretty nice now.

 

[syderial]

Just for perspective Disney did not use rofr in April. They have been told not to until the reopen date is firm and so that may continue into at least June, possibly until the actual reopen itself. Yes this is insider info and confirmed.

 

[Brianstl]

Just for perspective Disney did not use rofr in April. They have been told not to until the reopen date is firm and so that may continue into at least June, possibly until the actual reopen itself. Yes this is insider info and confirmed.

I think it will go on longer than that. They are only going to buyback contracts that they already have direct buyers for and will try to force all direct buyers into buying RIV. They aren’t going to use limited cash to prop up resale prices.

 

[iflyjetzzz]

I think it will go on longer than that. They are only going to buyback contracts that they already have direct buyers for and will try to force all direct buyers into buying RIV. They aren’t going to use limited cash to prop up resale prices.

With Reflections cancelled, they would have some cash to support resale prices with ROFRs. The higher the resale price, the easier it is to sell RIV direct.

 

[CarolMN]

With Reflections cancelled, they would have some cash to support resale prices with ROFRs. The higher the resale price, the easier it is to sell RIV direct.

Agree with @Brianstl. DVD won't have extra cash. Exercising ROFR is low priority relative to other corporate needs for cash.

When I worked in a large multi-divisional corporation, our division's capital budget often got cut/reallocated/revised/"enhanced" when some of the corporation 's other divisions were struggling.

 

[bookwormde]

6/16 update

number of newly posted resale contracts at about 340-360% 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.

 

[kboo]

Watch out brokers, ABE4DISNEY has the red marking pen at the ready!

What is the grammar discount these days? $5 pp? hehe

People are moving out of the cities in droves since C19 made them question how easily quality of life can be affected in the city. Bidding wars happening much more often. The exurbs are where it's at now.

NYC here - we are hearing of bidding wars on homes in the suburbs and inventory is way up (and prices are softening) on apartments in the city. DH and I work in jobs where we are not able to work remotely, so we are staying in the city. I keep telling him we could look for more points to stay in GVs, and he responds by sending me listings for very nice apartments in NYC.

 

[bookwormde]

6/17 update

number of newly posted resale contracts at about 150-160% 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.

 

[Sun_soakin]

I am interested and maybe they’ll wow me with the theming, and I’ll change my mind. That said, we really like 1BRs and the plans for DLH seem heavy on studios and light on 1BR and 2BRs...

I wish US Disney would be more like Japan Disney in terms of its theming. ;-)

Oh that’s too bad, we need 2brs. I wonder if the abundance of studios are at least connecting for a possible 2rm configuration

 

[bookwormde]

6/18 update

number of newly posted resale contracts at about 140-150% 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.

 

[Lorana]

Oh that’s too bad, we need 2brs. I wonder if the abundance of studios are at least connecting for a possible 2rm configuration

I'm hoping for that, too! I'll look to see if there were floor layout concepts done. There was just this back in January:
"The tower’s 350 rooms would include 271 larger studios, 38 smaller two-person studios, 20 two-bedroom suites, 19 one-bedroom suites and two Grand Villas "

However, looking at the May updates, the plans now call for 293 units, so maybe there will be more 1 and 2 bedroom suites. I also hope that the 19 one bedrooms could also be 19 lock-offs?

 

[bookwormde]

6/19 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.

 

[bookwormde]

6/20 update

number of newly posted resale contracts at about 60-70% 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.

 

[ClapYourHands]

6/20 update

number of newly posted resale contracts at about 60-70% 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.

Would you please help a newbie out and explain the significance of the % of resale contract updates? Is that just how many are listed? The prices compared to previously sold contracts? I’m DVC curious, and trying to educate myself. Thank you.

 

[bookwormde]

Would you please help a newbie out and explain the significance of the % of resale contract updates? Is that just how many are listed? The prices compared to previously sold contracts? I’m DVC curious, and trying to educate myself. Thank you.

relative number of newly listed contracts on 5 sites as compared to pre shut down

 

[bookwormde]

6/21 update

number of newly posted resale contracts at about 180-190% of average*

For the week of 6/15 to 6/21 newly posted resale contracts at about 180-190% 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.

 

[Cowgirl_Jessie]

Just curious, I pulled the trigger and put in an offer this morning via a well known DVC resale website and haven’t heard back from the company yet. (Other than a bounce back email saying a broker would be in contact soon.) Is there a normal amount of time before a broker reaches out to you? TIA!

 

[deedubb]

Just curious, I pulled the trigger and put in an offer this morning via a well known DVC resale website and haven’t heard back from the company yet. (Other than a bounce back email saying a broker would be in contact soon.) Is there a normal amount of time before a broker reaches out to you? TIA!

I usually hear back withing 30 mins or sooner. I have had one broker who never responded at all. My offer is still on their website when I log in. It was a lowball offer, so I guess they felt they didn't need to respond.

 

[Cowgirl_Jessie]

I usually hear back withing 30 mins or sooner. I have had one broker who never responded at all. My offer is still on their website when I log in. It was a lowball offer, so I guess they felt they didn't need to respond.

Thank you! I just got off the phone; the broker just called and sounded a bit rushed and mentioned it was loooong Monday. I got a counter offer for a HHI contract and am trying to balance what I think is a fair price that truly incorporates all associated risk vs. a small dollar difference from my offer and the resort we love.