Where do you think DVC resale prices are headed?

[3 DD love princesses]

Thanks all. So if I pass ROFR then I got a good deal. Sellers paid approx 175

 

[iflyjetzzz]

Thanks all. So if I pass ROFR then I got a good deal. Sellers paid approx 175

You'll pass ROFR. I don't think that DVC's ROFR'd any contracts for several months.

 

[bookwormde]

7/16 update

number of newly posted resale contracts at about 220-240% 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]

The number of active listing on the largest site have been ticking up slowly, about 5% over the past 2 weeks

 

[dvc lover 1970]

47 AKV I would definitely have grabbed that one!! I think prices are heading south. We have been owners for over ten years and for the first time my husband actually suggested selling some of our contracts because of covid

 

[dvc lover 1970]

Probably even bigger drop there as there will be a ton of buyer's regret from people who just recently bought contracts.

I think DVC will need to lift the RR resale restrictions or create a dvc I and dvc II system otherwise, I do not care how good the deal RR is a tough sell imo.

 

[MonkeyKnifeFight]

As a prospective new buyer who's looking for around 200 points (with CCV as a very close second to BLT as my first choice) it is very hard to justify buying direct, even as someone who would like to be "officially" DVC with "future proof" points. $195 per point direct vs. approx $140 resale is an $11k difference.

Now, maybe if you're planning on going every year and planning trips in sets of two, with each set 11 months apart, maybe you're making that 11K back in 7 years with annual pass savings... IDK, just a wild guess. For us, we'd be thinking about going once every two years so there's no making that 11k back.

I completely agree which is why we bought BLT resale. We got 210 points. It would have been close to 20k more to go direct. We are typically going to be going every year and a half or so for 8-10 days. However I could see us adding on just 100 points direct at some point, but that would only be 100 out of 300-400 total points. The direct benefits really aren't worth it for us until we have that many points and plan to go twice a year more often than not.

 

[Starport Seven-Five]

Amazing that some of these average listing prices are going up, some significantly! $117 for AKV?

The smaller contracts for AKV have been flying so it seems like brokers are testing what people will pay for AKV. Fidelity just listed a 90 point contract at $147.

 

[a1tinkfans]

If it’s all so great ...why are all the points for upcoming visits 30,40 50/even 70 percent off to grab those reservations. that’s crazy! No disrespect, trying to understand if it’s all Covid scare n people are dumping them??

 

[disneykim17]

The smaller contracts for AKV have been flying so it seems like brokers are testing what people will pay for AKV. Fidelity just listed a 90 point contract at $147.

That is a ridiculous price to pay considering prices were much lower than that a few weeks ago. We are looking for a 100 point resale at AKV as we currently have 220 direct from years ago when points were between 96-108 pp, and aren't in any rush to buy so we will wait to see where prices are in a few months.

 

[TinkB278]

That is a ridiculous price to pay considering prices were much lower than that a few weeks ago. We are looking for a 100 point resale at AKV as we currently have 220 direct from years ago when points were between 96-108 pp, and aren't in any rush to buy so we will wait to see where prices are in a few months.

I feel like all the AKV prices I’m seeing lately are ridiculous. I was also looking for AKV resale but won’t be buying at these prices.

I just don’t understand why the prices have inflated so quickly and also who is buying at these prices?

 

[Starport Seven-Five]

If it’s all so great ...why are all the points for upcoming visits 30,40 50/even 70 percent off to grab those reservations. that’s crazy! No disrespect, trying to understand if it’s all Covid scare n people are dumping them??

People dumping points they can't use before they expire? That was my guess.

I feel like all the AKV prices I’m seeing lately are ridiculous. I was also looking for AKV resale but won’t be buying at these prices.

I just don’t understand why the prices have inflated so quickly and also who is buying at these prices?

Same. AKV is on my shortlist but that's with an assumption of slightly above SSR/OKW 2057 prices. When the prices get closer to the MK resorts.... I'll go with the MK resorts.

 

[Lorana]

I feel like all the AKV prices I’m seeing lately are ridiculous. I was also looking for AKV resale but won’t be buying at these prices.

I just don’t understand why the prices have inflated so quickly and also who is buying at these prices?

Keep in mind that you only ever see the listed price on broker sites, not the price they sell at. While it's possible people are paying those prices, it's also possible that they actually sold for much less.

But I'm with you. We do eventually want 100 more points in AKV ourselves (Sep UY), but no way I am paying those prices. I did 120-points at AKV in December for $104/point.

 

[Captain Trips]

Same. AKV is on my shortlist but that's with an assumption of slightly above SSR/OKW 2057 prices. When the prices get closer to the MK resorts.... I'll go with the MK resorts.
[/QUOTE]

100% agree. I was between BLT and AKV. At current prices BLT was a much better value to me. I also believe I’ll have a much better chance using my BLT points for AKV and not the reverse.
When AKV prices trend closer to the $100 price I will be more interested.

 

[disneykim17]

Keep in mind that you only ever see the listed price on broker sites, not the price they sell at. While it's possible people are paying those prices, it's also possible that they actually sold for much less.

But I'm with you. We do eventually want 100 more points in AKV ourselves (Sep UY), but no way I am paying those prices. I did 120-points at AKV in December for $104/point.

We are also looking for Sept UY, but again in no hurry and would love to find a contract like you got...that is a price I can live with. Seems like our UY is hard to find...have even thought about selling our smaller contract to purchase a slightly bigger contract at a cheaper price...but that may be a last resort (no pun intended). Happy Hunting.

 

[3 DD love princesses]

You'll pass ROFR. I don't think that DVC's ROFR'd any contracts for several months.

Yeah they took my last one mid March so hoping this one goes

 

[iflyjetzzz]

Yeah they took my last one mid March so hoping this one goes

Mid-March? You must've been one of the few who got ROFR'd this year. Which property?

Edit: I see your offer's on Poly. I'd say a better chance of passing than if it had been VGF or VGC.

 

[Lorana]

We are also looking for Sept UY, but again in no hurry and would love to find a contract like you got...that is a price I can live with. Seems like our UY is hard to find...have even thought about selling our smaller contract to purchase a slightly bigger contract at a cheaper price...but that may be a last resort (no pun intended). Happy Hunting.

Good luck! I was hopeful AKL prices would continue to drop and be more in the $90 range, but at least when it comes to LISTING, the prices are much higher. I am still hopeful that they will correct again later this year / going into next year.

Hopefully multiple contracts will post so we aren't competing with each other. ;-)

 

[iflyjetzzz]

Good luck! I was hopeful AKL prices would continue to drop and be more in the $90 range, but at least when it comes to LISTING, the prices are much higher. I am still hopeful that they will correct again later this year / going into next year.

Hopefully multiple contracts will post so we aren't competing with each other. ;-)

Traditionally, prices drop when those pesky MF bills go out near the end of the year.

 

[disneykim17]

Good luck! I was hopeful AKL prices would continue to drop and be more in the $90 range, but at least when it comes to LISTING, the prices are much higher. I am still hopeful that they will correct again later this year / going into next year.

Hopefully multiple contracts will post so we aren't competing with each other. ;-)

Good luck to you as well! I like the $90 range also because then maybe we could eek out a few more points. Hopeful there will be multiple contracts and we each get one.