Where do you think DVC resale prices are headed?

[Llama mama]

How much lower per point could I get a 150 pt BW ? They are asking 118?

 

[bookwormde]

8/22 update

number of newly posted resale contracts at about 140% of average

 

[bookwormde]

8/23 update

number of newly posted resale contracts at about 220% of average

For the week of 8/17 to 8/23 newly posted resale contracts at about 240% of average

 

[ABE4DISNEY]

How much lower per point could I get a 150 pt BW ? They are asking 118?

It looks like in the ROFR thread that $110 and $112 have happened for a 150 pt. BWV. So you could straight up offer one of those or start a little lower at $107ish and see if they will negotiate.

 

[TTA Rider Matt]

Have they been taking BWV at all or only SSR and OKW?

I am NOT an insider or anything, but what I've seen is OKW, AKL, SSR, HH, VB, and VGF to this point as the primary "targets". Please let me reiterate that this is solely based on what I've seen on different message boards. I am also waiting to see if anyone more "in the know" would answer this question, as I have a 50 point BWV contract that was just sent 8/21 at $140 a point. Good luck with yours, hopefully BWV contracts go unharmed!

 

[PaulW08]

I am NOT an insider or anything, but what I've seen is OKW, AKL, SSR, HH, VB, and VGF to this point as the primary "targets". Please let me reiterate that this is solely based on what I've seen on different message boards. I am also waiting to see if anyone more "in the know" would answer this question, as I have a 50 point BWV contract that was just sent 8/21 at $140 a point. Good luck with yours, hopefully BWV contracts go unharmed!

I have seen that others have mentioned AKV being taken, but haven't seen any specifics yet on contract details and price per point. Would be interested as I have a 160pt at $100 per point and 0/19, 189/20, 160/21, currently in ROFR.

 

[heynowirv]

I am NOT an insider or anything, but what I've seen is OKW, AKL, SSR, HH, VB, and VGF to this point as the primary "targets". Please let me reiterate that this is solely based on what I've seen on different message boards. I am also waiting to see if anyone more "in the know" would answer this question, as I have a 50 point BWV contract that was just sent 8/21 at $140 a point. Good luck with yours, hopefully BWV contracts go unharmed!

I am good we passed on 7/22.Good luck with yours although 140. pp sounds like you should skate. Have some pixie dust.

 

[Starport Seven-Five]

DVCstore just posted a 100 point AKL at $123 and a 60 point at $130. Will be interesting to see how long those last.

 

[dvc lover 1970]

I must of read 1000 of pages on the Disboards about buying DVC. A lot of posts have shown me the light in going for resale and not direct. I can't even find Disney's direct listings- I have to talk directly with someone with all my information. I usually go to Disney in March or April (spring break- I am a teacher). I have only stayed (through rented points) at Beach Club (AND LOVED IT). We were supposed to go to Poly and BLT this March but obviously we are rescheduled for this 2021 break. I have a 13 and 15 year old so I always want studios that fit 5 people. Moving forward, I can see wanting one bedrooms (although AK, BLT, VGF, OKW, and Riveria are only ones that fit 5?). My husband and I are 41 and I am not sure if this is a good move. He keeps thinking there is "more than Disney" out there. However, I can see my husband and I loving it and also hoping to have grand kids there. What Use Year should I hope for? A sales person chatted and told me September, Oct, or November is best. Is it better to have smaller contracts like 100 or go for 200? If I really love Beach Club should I try for that despite the higher payments and dues? Or should I buy Saratoga and then hope for the best at 7 months that I can grab BLT, Poly, or Beach Club. I am sorry for all these questions. It is very overwhelming. However, is this the best time for a buyer?

We purchased DVC only because of BCV, but that was twelve years ago, and even back then we paused because of the earlier expiration vs. SSR/BLT. When we purchased our kids were small (6&8) they are now 20 and 18. I really like all the resorts, my kids choice now is BCV or SSR. So if you are buying resale I would buy SSR resale. Also studios do usually go in the 11 month window at BCV and as of recently 2 bedrooms also seem to book up there - usually by right at the 7 month window. One bedrooms are easier to get so you should be able to use your SSR points over at BCV or even BWV for a 1 bedroom in the 7 month window. My kids its all about walkability and BCV - walk to Epcot or Hollywood and SSR - walk to DS with Bus access to everywhere from there.

 

[dvc lover 1970]

DVCstore just posted a 100 point AKL at $123 and a 60 point at $130. Will be interesting to see how long those last.

it seems like resale prices are all over the place. Ultimately they are only worth what someone is willing to pay

 

[CastAStone]

it seems like resale prices are all over the place. Ultimately they are only worth what someone is willing to pay

I think many people who are buying would be willing to pay more than the asking prices, and my evidence for that is that we’ve seen a sustained upward trend in pricing over the last several years.

But supply and demand rules the day, and as long as there is meaningful supply, people who would probably be willing to pay more aren’t going to have to, because sellers are willing to take less than the highest imaginable sale price for their contracts to ensure that their contract doesn’t sit on the market forever.

 

[dvc lover 1970]

I think many people who are buying would be willing to pay more than the asking prices, and my evidence for that is that we’ve seen a sustained upward trend in pricing over the last several years.

But supply and demand rules the day, and as long as there is meaningful supply, people who would probably be willing to pay more aren’t going to have to, because sellers are willing to take less than the highest imaginable sale price for their contracts to ensure that their contract doesn’t sit on the market forever.

Agree.. supply and demand and economy and of course ROFR. Another factor is how bad someone wants a contract due to specific use year and or amount of points on the contract

 

[disneykim17]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

 

[poofyo101]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

extremely unlikely.

 

[striker1064]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

Probably close to zero. They are high to push people to the resort currently in sales.

 

[Dean]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

Short term I think it depends on the economy and how long this all goes on. The prices likely won't come down but there could be incentives that reduce the price. IF so you'll likely see bigger incentives for the resorts in active sales a well. My guess is they will not. I suspect the 2042 resorts and moderate location resorts will hold and the others will go higher over time thus widening the divide.

 

[CastAStone]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

They will balance the prices to ensure that at worst they are able to sell as many contracts as they acquire via foreclosure and the like.

In theory that could involve lowering prices, but we saw them offer small incentives this summer on sold out resorts, and I think it’s safe to say that the tiny incentives worked extremely well since they ran themselves out of inventory on many resorts. So unless things get really bad, I’d assume they will just use incentives to influence sales when needed.

 

[MICKIMINI]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

ZERO. That is just my opinion.

 

[TCRAIG]

What are the chances that the direct sales prices at the sold out resorts come down vs. going up higher?

I do think direct prices for BWV, BC, HH and WLV/BRV will come down sometime around 2040

 

[bookwormde]

8/24 update

number of newly posted resale contracts at about 280% of average