maybe a silly question,, but I thought I would float this idea around. where would I find info on DVC resales? I was look into 100 points at AKV abut am now thinking maybe buy BWV as a resale, is there aything else I should know about resales.. is the only diffference expirery dates? I;m thinking I would more than likely add on at a later date but I'm wondering if I should consider this option
where to get info on resales
- Thread starter cn123
- Start date
- Joined
- Feb 6, 2000
- Messages
- 30,827
The dues will be different, as each resorts dues are based on operating expenses for tht resort.
Here is a post by LisaS showing the dues history and breakdown by resort.
Dues chart
Here is a post by LisaS showing the dues history and breakdown by resort.
Dues chart
Belle & Ariel
DIS Veteran
- Joined
- Aug 19, 2008
- Messages
- 2,388
We just bought BWV through **********.com. We spent about $20 less per point than buying direct through Disney. Our closing costs were about a hundred dollars more because if you buy through Disney, they pay part, but we saved $3000 on 150 points. Some of the contracts will have points left over from 2007 and 2008. You can get even cheaper per point if you buy a "stripped" contract where the seller has already used the points and you might not have any till 2009. I think Disney takes a couple weeks to close whereas we took about a month and it could take longer.
I would highly recommend resale and the website above.
Good luck and have fun!
I would highly recommend resale and the website above.
Good luck and have fun!
Melani
"keep moving forward"
- Joined
- May 5, 2008
- Messages
- 1,282
I didn't know you could buy BWV through Disney. I thought you had to go through a resale.
How hard is it to book a studio at BWV or BCV if your "home" resort is SSR or OKW?
How long does it take to finalize the sale from the time you decide to bid on a resale listing to close if your paying cash?
Thanks,
Melani
What to know about resells as seen by a DVC Newbie who is just going through the process now (from info gleened from these forums)
1. Are you a PLANNER? If you plan your tirps 11 months or more in advance, then consider bying at the home resort you want to stay at most. ie, buy where you want to stay theory. If you tend to do less planning, and probably wouldnt book before six months from your trip, there is really no use in the 'home resort advantage'.
Also, IMHO, if you are a 'planner' then the use year does not matter much, as cancellation may be less of a factor (IE, I plan my trips at least a year out, and due to the costs of flights and such, cannot see me cancelling- never have cancelled a disney trip before - so use year does not matter much to me.) Also, vacation time preferences change with time, so what might be a good 'use year ' for you now, may not be perfect later.)
2.Look at the DVC resorts, and figure out which ones appeal to you. Make a pro and con list for each of the resorts considering,themeing, dining, transportation, room types and location. Can you narrow it down to one or two using this method? Factor in the average price of of resell contracts for that property, it may be a 'pro' or a con as well. (I had a hard time picking between BVC and BWV, the great bang for your buck on BWV almost made me go for it,,,, but I just love BVC. So, even with rational facts, dont forget where you heart lies I guess.
3.If they all appeal to you, and you dont care which DVC resort you stay at, then I would concentrate on getting your MOST bang for your buck. Right now the market is flooded with SSR resell contracts, and some of them have been going very cheap, could save you about 30/point compared to Disney.
4.Someone else said on these boards - DON't buy where you DONT want to stay. Some DVC properties really APPEAL or dont appeal to people. You dont want to make a huge investment and end up staying somewhere you really dont like, just because it was a 'good' deal.
5. Once you have figured out which home resort (or at least narrowed it down to a couple of choices) I suggest you download Caskbill's DVC Planner. It only takes a minute, and what a great program!!!! You can play around with dates and lengths of stay for different DVC resorts, and different room types, so you can get a good idea of how many points you need ideally for the trips you would likely take. (Do the little tutorial thing at the begining, it shows you how everything works) Caskbill has a link to his planner on all his posts here in the forums, I am sure you can find it, or someone will link to it for me!
6. Look at some of the current contracts being offered for resell. The TTS is the sponser for this board, and there is a link at the top of the page you can hit, and see all their current listings. Look at the other big Disney resell brokers, and see what they have listed.
IMPORTANT: asking price listed on these contracts is just that, 'asking price'. Many contracts get sold for 3-8 dollars (around about anyways) less per point then the current asking price. Go look at the 'ANYBODY recently make it through ROFR' thread that is on this forum, Donald#1 keeps a running list of what people have offered and have been accepted by both the sellers and Disney has waived the first right of refusal. Valuable info.
7. Select your broker carefully. Some agencies have good reps, others not so good. Email inquiries to the Disney DVC specialist brokers, I guess there are about two or three of them, and make some inquiries. Who returns your emails, who do you feel comfortable with? Do they have a 'buyers fee?' How much do they need for Escrow? How many contracts have been ROFR'd, meaning Disney bought the contract instead of the buyer getting it? If a lot have been ROFR'd, that means the broker dosent know fair market pricing, or dosent care (he gets his comission either way) and you have to start all over on a contract.
Many brokers work with other agencies, and can hunt and find the perfect contract for you. Mine did, and it only took 24 hrs for him to find it! (I used Jaki and **** from *********.com, loved them) A good broker can help you figure out your offer to the seller, by giving advice on fair market value, and what they thiink will pass ROFR or not. Dont be scared to tell them what you really want, they might be able to find it for you. I asked for a loaded BVC contract with banked and current points, and they found it for me!
I dont know if any of this advice will help anyone, but its how I went through the process of finding my resell broker, and figuring out what resort, how many points, and what use year. YMMV.
HTH & Cheers
1. Are you a PLANNER? If you plan your tirps 11 months or more in advance, then consider bying at the home resort you want to stay at most. ie, buy where you want to stay theory. If you tend to do less planning, and probably wouldnt book before six months from your trip, there is really no use in the 'home resort advantage'.
Also, IMHO, if you are a 'planner' then the use year does not matter much, as cancellation may be less of a factor (IE, I plan my trips at least a year out, and due to the costs of flights and such, cannot see me cancelling- never have cancelled a disney trip before - so use year does not matter much to me.) Also, vacation time preferences change with time, so what might be a good 'use year ' for you now, may not be perfect later.)
2.Look at the DVC resorts, and figure out which ones appeal to you. Make a pro and con list for each of the resorts considering,themeing, dining, transportation, room types and location. Can you narrow it down to one or two using this method? Factor in the average price of of resell contracts for that property, it may be a 'pro' or a con as well. (I had a hard time picking between BVC and BWV, the great bang for your buck on BWV almost made me go for it,,,, but I just love BVC. So, even with rational facts, dont forget where you heart lies I guess.
3.If they all appeal to you, and you dont care which DVC resort you stay at, then I would concentrate on getting your MOST bang for your buck. Right now the market is flooded with SSR resell contracts, and some of them have been going very cheap, could save you about 30/point compared to Disney.
4.Someone else said on these boards - DON't buy where you DONT want to stay. Some DVC properties really APPEAL or dont appeal to people. You dont want to make a huge investment and end up staying somewhere you really dont like, just because it was a 'good' deal.
5. Once you have figured out which home resort (or at least narrowed it down to a couple of choices) I suggest you download Caskbill's DVC Planner. It only takes a minute, and what a great program!!!! You can play around with dates and lengths of stay for different DVC resorts, and different room types, so you can get a good idea of how many points you need ideally for the trips you would likely take. (Do the little tutorial thing at the begining, it shows you how everything works) Caskbill has a link to his planner on all his posts here in the forums, I am sure you can find it, or someone will link to it for me!
6. Look at some of the current contracts being offered for resell. The TTS is the sponser for this board, and there is a link at the top of the page you can hit, and see all their current listings. Look at the other big Disney resell brokers, and see what they have listed.
IMPORTANT: asking price listed on these contracts is just that, 'asking price'. Many contracts get sold for 3-8 dollars (around about anyways) less per point then the current asking price. Go look at the 'ANYBODY recently make it through ROFR' thread that is on this forum, Donald#1 keeps a running list of what people have offered and have been accepted by both the sellers and Disney has waived the first right of refusal. Valuable info.
7. Select your broker carefully. Some agencies have good reps, others not so good. Email inquiries to the Disney DVC specialist brokers, I guess there are about two or three of them, and make some inquiries. Who returns your emails, who do you feel comfortable with? Do they have a 'buyers fee?' How much do they need for Escrow? How many contracts have been ROFR'd, meaning Disney bought the contract instead of the buyer getting it? If a lot have been ROFR'd, that means the broker dosent know fair market pricing, or dosent care (he gets his comission either way) and you have to start all over on a contract.
Many brokers work with other agencies, and can hunt and find the perfect contract for you. Mine did, and it only took 24 hrs for him to find it! (I used Jaki and **** from *********.com, loved them) A good broker can help you figure out your offer to the seller, by giving advice on fair market value, and what they thiink will pass ROFR or not. Dont be scared to tell them what you really want, they might be able to find it for you. I asked for a loaded BVC contract with banked and current points, and they found it for me!
I dont know if any of this advice will help anyone, but its how I went through the process of finding my resell broker, and figuring out what resort, how many points, and what use year. YMMV.
HTH & Cheers
funnybunny921
Mouseketeer
- Joined
- Feb 22, 2005
- Messages
- 441
riley girl thanks for all the info...
in the end what pushed you to go resale more that direct from disney. is there any real benefit from buying from disney?
in the end what pushed you to go resale more that direct from disney. is there any real benefit from buying from disney?
Why I didnt buy from Disney
1. AKL is the only DVC property CURRENTLY available. I like AKL, and I think the themeing is gorgeous. Its a place I want to (hopefull) stay for a few days on a trip or two (maybe). I really dont like the location of the resort though. We love the other three parks much better, and frankly, IMHO AKL is a giant pain in the butt to get to the other three parks. I did not want it for my home resort. JMHO Edited to ADD: The incentives for AKL do make it a very attractive resort to purchase here, but for our personal situation: I go to Disney with 3 kids by myself usually. I dont take or rent a car, and use Disney transportation and ME to and from the airport. The only two easily accessible restaraunts are Boma and Jiko for TS (both excellent) and ONLY Mara for a counterservice for the AKL and the AK Villas. Hmm, dining was a real issue for me - it would not be so much for someone who has a car though. And, I have seen Mara, and wonder how the heck its going to be able to take care of all the guests at AKL and the AKL Villas - yikes.
2. I could have waited for BLT to come out. This is (supposedly, still not 100% official) a new DVC property coming out very soon, located at the Contemporary Resort. This location would be fantastic for those who love the Magic Kingdom. Its on the monorail, so ease of access to the other monorail resorts and their restaraunts would be great. I have to say though, I dont love the themeing of the Contemporary, and its location isnt as good as BCV for me (we love epcot, studios, and the whole boardwalk area) and the pool at BCV is fantastic. Also, there has been much discussion that the price per point and MF's would be premium (much higher) at the contemporary DVC,. I asked myself, if I could only own at one resort, would I rather own at the BLT or the BCV? For me, its BVC, hands down, not even factoring the difference in cost! So, I did not even bother to wait and see if BLT became official, and what the price per point was.
3. Buying a sold out resort from Disney. You can do it. You can call your guide and ask him/her about it, I did.
First thing you need to know is that you will be paying much more per point going through Disney then resell. The BCV was 104 per point through Disney - my current offer going through is 89 per point. (That is saving me about $4000.) Other sold out resorts vary from 100-104 buying through Disney, and there are NO incentives to go along with this high price point for buying a sold out DVC through Disney
If its your first contract, then Disney charges about 1/2 the cost of closing fees, but if you go through resell, it will cost you full legal costs. Example, through Disney I would have paid maybe 250 -300, resell it was 650. So, Disney is cheaper here.
Disney may not have anything available right away for you on a sold out resort, it depends on their inventory. I asked about BCV and was told there was a waiting list of about 80! Additionally, I said, well, put me on the waiting list for a contract around 200-250 pts, I dont really care about use year. My guide said, NO, you have to be specific on points and use year, put a thousand dollar deposit down, and when it becomes available, I will call you. Hmmm, that sounds like I could be waiting months for my contract, no faster then going through resell, and not allowing me flexibility to hurry up the process. I did not like it (or my guide either really, he wasent interested in selling me a sold out resort I dont think) However, other resorts may have no waiting list, so it may not be a factor...
Stripped Contracts: One advantage of going through Disney is NO contract will be stripped of points. You will get the full amount of points for your use year. Many resell contracts are stripped. BUT, there are resell contracts out there that are loaded, not only having full current use year points, (and full next year points) but also BANKED points, so you end up with more points going in then when buying through Disney. MF"S are negotiable, I got my banked points for 'free', and only paid half the MF's for the current year, so I feel I got a really good deal. If you want a loaded contract, contact your broker and tell him what you are looking for, even if it is not listed, he may be able to find it for you.
Small contracts or add on's - I bought a bigger contract (270 pts) but if you are interested in ones that are smaller, it may be more cost efficient to go through Disney, especially if its an add on -- disney does not charge ANY closing cost for an add on but resell it will still be 100% cost. On a small contract, a free closing cost can outweigh a savings of 10-15 per point on a resell contract. CAUTION: if its your first contract, you cannot buy anything less then 160 pts from Disney (cavaet:AKL you can purchase 100pts as a first contract, but no where else) Resell you can buy as little as you want as a first contract. Smaller contracts are easier to resell in the future, and usually go for a better price per point in the market then larger contracts. Thats a consideration.
The agony of resell: Resell will take anywhere from 6 weeks to 2-3 months. With Disney, if they have what you want, its pretty much instant, less then a week I guess. Is the savings worth it to you? It was for me. However, as I lurk the boards, flopping around, waiting to hear if my contract makes it through ROFR, its not just the time it takes to go through resell, its the uncertainty thats a killer. Will it pass ROFR? Will the sellers change their mind somewhere through the process? Ugh. I hate this part.
I think resell vs direct buy are personal choices, and you have to do what fits you best. If you are interested in AKL, I think with the incentives its pretty much a no brainer to go with Disney. If the BLT is going to float your boat, wait and see what comes out in the next couple of weeks for sure. If its an older DVC resort you want, then contact a couple of brokers with your requests (let them find the right contract for you, its their job, and give them your ultimate wish list, not just settle for whatever they may have currently listed.) Also, contact your Disney guide and make the inquiries too - is there a waiting list for 'your' resort? What is the price per point? How does the wait list work? Depending on the resort, and the size of contract, with a calculator, crunch the numbers. Whats the difference in cost? Is it worth the wait through resell?
These are all just my personal thoughts, and I am very much a newbie at DVC, but its how I figured out whether or not to buy through disney or resell.
HTH
1. AKL is the only DVC property CURRENTLY available. I like AKL, and I think the themeing is gorgeous. Its a place I want to (hopefull) stay for a few days on a trip or two (maybe). I really dont like the location of the resort though. We love the other three parks much better, and frankly, IMHO AKL is a giant pain in the butt to get to the other three parks. I did not want it for my home resort. JMHO Edited to ADD: The incentives for AKL do make it a very attractive resort to purchase here, but for our personal situation: I go to Disney with 3 kids by myself usually. I dont take or rent a car, and use Disney transportation and ME to and from the airport. The only two easily accessible restaraunts are Boma and Jiko for TS (both excellent) and ONLY Mara for a counterservice for the AKL and the AK Villas. Hmm, dining was a real issue for me - it would not be so much for someone who has a car though. And, I have seen Mara, and wonder how the heck its going to be able to take care of all the guests at AKL and the AKL Villas - yikes.
2. I could have waited for BLT to come out. This is (supposedly, still not 100% official) a new DVC property coming out very soon, located at the Contemporary Resort. This location would be fantastic for those who love the Magic Kingdom. Its on the monorail, so ease of access to the other monorail resorts and their restaraunts would be great. I have to say though, I dont love the themeing of the Contemporary, and its location isnt as good as BCV for me (we love epcot, studios, and the whole boardwalk area) and the pool at BCV is fantastic. Also, there has been much discussion that the price per point and MF's would be premium (much higher) at the contemporary DVC,. I asked myself, if I could only own at one resort, would I rather own at the BLT or the BCV? For me, its BVC, hands down, not even factoring the difference in cost! So, I did not even bother to wait and see if BLT became official, and what the price per point was.
3. Buying a sold out resort from Disney. You can do it. You can call your guide and ask him/her about it, I did.
First thing you need to know is that you will be paying much more per point going through Disney then resell. The BCV was 104 per point through Disney - my current offer going through is 89 per point. (That is saving me about $4000.) Other sold out resorts vary from 100-104 buying through Disney, and there are NO incentives to go along with this high price point for buying a sold out DVC through Disney
If its your first contract, then Disney charges about 1/2 the cost of closing fees, but if you go through resell, it will cost you full legal costs. Example, through Disney I would have paid maybe 250 -300, resell it was 650. So, Disney is cheaper here.
Disney may not have anything available right away for you on a sold out resort, it depends on their inventory. I asked about BCV and was told there was a waiting list of about 80! Additionally, I said, well, put me on the waiting list for a contract around 200-250 pts, I dont really care about use year. My guide said, NO, you have to be specific on points and use year, put a thousand dollar deposit down, and when it becomes available, I will call you. Hmmm, that sounds like I could be waiting months for my contract, no faster then going through resell, and not allowing me flexibility to hurry up the process. I did not like it (or my guide either really, he wasent interested in selling me a sold out resort I dont think) However, other resorts may have no waiting list, so it may not be a factor...
Stripped Contracts: One advantage of going through Disney is NO contract will be stripped of points. You will get the full amount of points for your use year. Many resell contracts are stripped. BUT, there are resell contracts out there that are loaded, not only having full current use year points, (and full next year points) but also BANKED points, so you end up with more points going in then when buying through Disney. MF"S are negotiable, I got my banked points for 'free', and only paid half the MF's for the current year, so I feel I got a really good deal. If you want a loaded contract, contact your broker and tell him what you are looking for, even if it is not listed, he may be able to find it for you.
Small contracts or add on's - I bought a bigger contract (270 pts) but if you are interested in ones that are smaller, it may be more cost efficient to go through Disney, especially if its an add on -- disney does not charge ANY closing cost for an add on but resell it will still be 100% cost. On a small contract, a free closing cost can outweigh a savings of 10-15 per point on a resell contract. CAUTION: if its your first contract, you cannot buy anything less then 160 pts from Disney (cavaet:AKL you can purchase 100pts as a first contract, but no where else) Resell you can buy as little as you want as a first contract. Smaller contracts are easier to resell in the future, and usually go for a better price per point in the market then larger contracts. Thats a consideration.
The agony of resell: Resell will take anywhere from 6 weeks to 2-3 months. With Disney, if they have what you want, its pretty much instant, less then a week I guess. Is the savings worth it to you? It was for me. However, as I lurk the boards, flopping around, waiting to hear if my contract makes it through ROFR, its not just the time it takes to go through resell, its the uncertainty thats a killer. Will it pass ROFR? Will the sellers change their mind somewhere through the process? Ugh. I hate this part.
I think resell vs direct buy are personal choices, and you have to do what fits you best. If you are interested in AKL, I think with the incentives its pretty much a no brainer to go with Disney. If the BLT is going to float your boat, wait and see what comes out in the next couple of weeks for sure. If its an older DVC resort you want, then contact a couple of brokers with your requests (let them find the right contract for you, its their job, and give them your ultimate wish list, not just settle for whatever they may have currently listed.) Also, contact your Disney guide and make the inquiries too - is there a waiting list for 'your' resort? What is the price per point? How does the wait list work? Depending on the resort, and the size of contract, with a calculator, crunch the numbers. Whats the difference in cost? Is it worth the wait through resell?
These are all just my personal thoughts, and I am very much a newbie at DVC, but its how I figured out whether or not to buy through disney or resell.
HTH
anbouk
FINALLY....DVC!!!
- Joined
- Jun 28, 2006
- Messages
- 1,269
Hi Melani
I dont own anywhere yet, and its the Beachclub I hope to own at,, my contract is still going through the process.
I saw your question from before, but I dont have the knowledge or experience with DVC to accurately answer your question. I hope some more knowledgeable vets will jump in with better answers.
From reading these boards for the last month though, I do know that the Beach Club and the Boardwalk villas are two of the smaller DVC resorts. Less rooms means less availability, means harder to get the rooms you want, on the dates you want, at the 7 month mark.
To complicate matters, the SSR and the new AKV's are VERY large Dvc's. There are many more fish in the DVC pool because of these huge resorts, (if you know what I mean) So, at the 7th month mark, there are many more people trying to get in to non home resorts, making the competition more fierce now, then it use to be. So, I believe its harder now more then ever to get the smaller DVC resorts then it use to be (correct me if I am wrong on that please vets!)
I do believe you were specifically asking about December and May. I think you would have better luck to get into the smaller resorts in May, its a slower time. The December dates maybe not.
Here is maybe the question to ask yourself-- If you dont get in to BWV at the 7 month mark, will you be disappointed to stay at SSR? Will you be disappointed in doing many of your stays at SSR if the DVC continues to grow, and outside of your home resort becomes unlikely? If you will be, then I dont personally think it will be a good fit for you. Its only something you can decide though.
Have you looked at all the SSR photos, and seen the location on a WDW map? Check out Allearsnet for some pictures, and if you have a passporters, they have an excellent map of all of WDW on the back page. SSR is close to dtd, so that is a big plus. I would really research what SSR is like, if you think you are considering purchasing there. Some people love it, some not so much, the same that can be said of any DVC resort. Each resort has its fans, and its naysayers. You just need to figure out if SSR is for you.
HTH
I dont own anywhere yet, and its the Beachclub I hope to own at,, my contract is still going through the process.
I saw your question from before, but I dont have the knowledge or experience with DVC to accurately answer your question. I hope some more knowledgeable vets will jump in with better answers.
From reading these boards for the last month though, I do know that the Beach Club and the Boardwalk villas are two of the smaller DVC resorts. Less rooms means less availability, means harder to get the rooms you want, on the dates you want, at the 7 month mark.
To complicate matters, the SSR and the new AKV's are VERY large Dvc's. There are many more fish in the DVC pool because of these huge resorts, (if you know what I mean) So, at the 7th month mark, there are many more people trying to get in to non home resorts, making the competition more fierce now, then it use to be. So, I believe its harder now more then ever to get the smaller DVC resorts then it use to be (correct me if I am wrong on that please vets!)
I do believe you were specifically asking about December and May. I think you would have better luck to get into the smaller resorts in May, its a slower time. The December dates maybe not.
Here is maybe the question to ask yourself-- If you dont get in to BWV at the 7 month mark, will you be disappointed to stay at SSR? Will you be disappointed in doing many of your stays at SSR if the DVC continues to grow, and outside of your home resort becomes unlikely? If you will be, then I dont personally think it will be a good fit for you. Its only something you can decide though.
Have you looked at all the SSR photos, and seen the location on a WDW map? Check out Allearsnet for some pictures, and if you have a passporters, they have an excellent map of all of WDW on the back page. SSR is close to dtd, so that is a big plus. I would really research what SSR is like, if you think you are considering purchasing there. Some people love it, some not so much, the same that can be said of any DVC resort. Each resort has its fans, and its naysayers. You just need to figure out if SSR is for you.
HTH
Melani
"keep moving forward"
- Joined
- May 5, 2008
- Messages
- 1,282
Yes, I saw the photos of SSR they are nice, but we really want to get off the bus. I'm 90% certain we only want to stay at BWV or BCV (maybe AKV or VWL and the new Contemporary ones once in awhile).
So I guess that means I pay more for points just to be reassured.
BTW, do you happen to know how far in advance Disney books these villas to cash customers?
Melani
So I guess that means I pay more for points just to be reassured.
BTW, do you happen to know how far in advance Disney books these villas to cash customers?
Melani
I dont know the answer to this Melanie. Maybe you could start a new thread and ask this question, some vets will answer it for you. I would put it in the 'planning' forums though.
HTH
-
The New Disappointing Disney Merch Line I've Been Ignoring
-
The New 3-Piece Disney X Loungefly Wedding Series Is Here
-
Rock 'n' Roller Coaster Starring The Muppets Opens in 2026 at Disney World
-
All Day Disney Waffles for Your Summer Vacation at Home
-
Disney Releases New 'Freakier Friday' Trailer
-
Disney Debate: Is Hollywood Studios in Stage Show Overload?
-
National Geographic-Lindblad Expeditions Unveils New European River Cruise Itineraries
