Where do you think DVC resale prices are headed?

[becauseimnew]

I could be crazy but does it seem to anyone else that a popular resale site keeps taking down and relisting AKL contracts so that they can artificially inflate the prices? I saw they just posted one 160 points, a few banked points but nothing crazy, for $125/point?!?

100 point contracts keep going up and down on their site almost st nonstop.

I noticed that, but they just posted a second 100PT AKL contract.

 

[Matty B13]

I could be crazy but does it seem to anyone else that a popular resale site keeps taking down and relisting AKL contracts so that they can artificially inflate the prices? I saw they just posted one 160 points, a few banked points but nothing crazy, for $125/point?!?

100 point contracts keep going up and down on their site almost st nonstop.

I follow FEB UY VGF contracts and several contracts just got relisted on a major resale website today. I think on a few of them that they dropped their price a few dollars.

 

[iflyjetzzz]

I could be crazy but does it seem to anyone else that a popular resale site keeps taking down and relisting AKL contracts so that they can artificially inflate the prices? I saw they just posted one 160 points, a few banked points but nothing crazy, for $125/point?!?

100 point contracts keep going up and down on their site almost st nonstop.

I'm selling a 100 pt and a 400 pt SSR contracts. The 100 pt contract sold within days. The 400 pt contract is still listed - it's the lowest priced SSR points on the website. Both contracts were stripped -
The 100 pt contract has 50 pts in 2021 (June UY)
The 400 pt contract has 323 pts in 2021 (Aug UY)

I've owned these contracts for less than a year and am not selling due to financial distress - I'm just not finding them to be a good fit for us. Maybe we'll be ready to buy again in a few years (after we've retired) and have less points - I'm thinking that 200 pts total would be a better fit for us. We enjoy Disney but we're not fanatics.

That was a very roundabout way of saying that there's a lot of demand for small contracts so I don't think that any resale site's playing games with those listings.

 

[Matty B13]

That was a very roundabout way of saying that there's a lot of demand for small contracts so I don't think that any resale site's playing games with those listings.

The problem with small contracts sold now, are the resale restrictions on them moving forward with new resorts added to the DVC collection. Where before you could just add them on to an existing contract and not worry about using them at any resort, now you have to remember which contracts have this restriction. So I don't think small contract have as strong a demand as before the restrictions, because now if you have unrestricted points and only need 25 to 50 more points to add on to an existing unrestricted contract why wouldn't you just spend an the extra money to get a direct contract that has no restrictions. This is the problem that my family is contemplating right now with wanting to add-on to a couple of our contracts that we already own that don't a have the resort restriction.

 

[iflyjetzzz]

The problem with small contracts sold now, are the resale restrictions on them moving forward with new resorts added to the DVC collection. Where before you could just add them on to an existing contract and not worry about using them at any resort, now you have to remember which contracts have this restriction. So I don't think small contract have as strong a demand as before the restrictions, because now if you have unrestricted points and only need 25 to 50 more points to add on to an existing unrestricted contract why wouldn't you just spend an the extra money to get a direct contract that has no restrictions. This is the problem that my family is contemplating right now with wanting to add-on to a couple of our contracts that we already own that don't a have the resort restriction.

OK, but with the cancellation of Reflections, Riviera is the only DVC property that would be excluded for the foreseeable future. And there will be arbitrageurs such as David's that will let you trade in your restricted points for RIV points for a fee.

 

[TinkB278]

I'm selling a 100 pt and a 400 pt SSR contracts. The 100 pt contract sold within days. The 400 pt contract is still listed - it's the lowest priced SSR points on the website. Both contracts were stripped -
The 100 pt contract has 50 pts in 2021 (June UY)
The 400 pt contract has 323 pts in 2021 (Aug UY)

I've owned these contracts for less than a year and am not selling due to financial distress - I'm just not finding them to be a good fit for us. Maybe we'll be ready to buy again in a few years (after we've retired) and have less points - I'm thinking that 200 pts total would be a better fit for us. We enjoy Disney but we're not fanatics.

That was a very roundabout way of saying that there's a lot of demand for small contracts so I don't think that any resale site's playing games with those listings.

I don’t understand why these contracts keep getting taken down and then “delisted” if they aren’t playing any games?

I’ve been watching prices on AKV for about a year now and $125 for a 160 point contract seems artificially high. It’s almost the same price as say BLT or PVB and those have many more years left on them!!

 

[TinkB278]

That particular site used to be the only one I looked at for contracts. However, the prices of their AKV contracts vs others I’ve seen on competitors websites have totally turned me off from ever buying from this big site.

 

[Matty B13]

OK, but with the cancellation of Reflections, Riviera is the only DVC property that would be excluded for the foreseeable future. And there will be arbitrageurs such as David's that will let you trade in your restricted points for RIV points for a fee.

Yes, but for a couple of thousand more dollars to day over the next 40 to 50 years, what is that worth to the average DVC owner who wants to add-on. For myself, the price spread to add-on 25 to 50 more points would have to be well over $100 difference, which most resale prices are not right now.

And as we are seeing the whole rental business is getting turned on it's head right now, especially using brokers. We have 32 VGF points expiring in Janaury of 2021, and I'm not sure if it is worth the time to try and rent these points or transfer them.

 

[lovethesun12]

That particular site used to be the only one I looked at for contracts. However, the prices of their AKV contracts vs others I’ve seen on competitors websites have totally turned me off from ever buying from this big site.

Yeah I use to track all listings for the resorts I want but pretty sure this is the site I gave up on because their prices are rarely in line with the other sites. They generally would have to take off $10-$20 or more per point before there would be any point for me to try to negotiate.

 

[Starport Seven-Five]

Can we not name the site we're talking about?

It's dvcresalemarket, right? They've been trying to make $12X/point for AKL happen for a while.

 

[CastAStone]

Can we not name the site we're talking about?

It's dvcresalemarket, right? They've been trying to make $12X/point for AKL happen for a while.

Thank you. All of the talking around a site we’re allowed to discuss is odd.

 

[TinkB278]

Thank you. All of the talking around a site we’re allowed to discuss is odd.

Sorry To be odd. I never know the rules on whats “allowed”

 

[Deeleebaker]

Can we not name the site we're talking about?

It's dvcresalemarket, right? They've been trying to make $12X/point for AKL happen for a while.

i sort of wish I’d found https://www.dvcmagicresales.com sooner, but dvcresales.com had the most listings and best search functions. But I’ll know better for addonitis.

 

[CastAStone]

Sorry To be odd. I never know the rules on whats “allowed”

If you post a link to the site and hit preview, if it’s banned it will show the link as www.*******.com. Then you know you can’t post about that site.

 

[bookwormde]

7/10 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.

 

[sethschroeder]

In reality no one should go to a single site or avoid a site because of how they might have priced something before.

As long as they are reputable watch them, track them, and get the best deal for you.

One caveat when I possibly sell even if it's more buy that contract hahaha. I mean it's only one caveat though.

 

[Captain Trips]

In reality no one should go to a single site or avoid a site because of how they might have priced something before.

As long as they are reputable watch them, track them, and get the best deal for you.

One caveat when I possibly sell even if it's more buy that contract hahaha. I mean it's only one caveat though.

Spot on. I’m sure it has to do with their current inventory of listings as well. I’ve not really seen one site consistently listing every resort higher than all their competitors. Dvcresalemarket.com has listed Animal Kingdom higher than most but I found the best deal on my blt contract there.

 

[meanwoodwhite]

High listing may have mortgages attached to them, so sellers are not going to sell if it means it won't cover the outstanding payments.

 

[glamdring269]

https://www.cnbc.com/amp/2020/07/08...using-payments.html?__twitter_impression=true

 

[ABE4DISNEY]

i sort of wish I’d found https://www.dvcmagicresales.com sooner...

Does anyone else get annoyed with the format of this website? I'm not a fan of the picture format and how the information is displayed. I like columns.

Fidelity is better, but it also gets on my nerves with all the scrolling you have to do and such.

Maybe it is just me?