With DVC prices going up per point..will resales go up now too???

[edk35]

I am curious as to what will happen with the increase in cost of DVC points starting on Dec. 1st. Will people selling have to up their prices as well??

 

[jsivigny]

With the 50 year ownership terms the timeshares are worth less each year, by design. There could be some slight ups and downs, given the Supply and Demand, however, the expectation should be that each year the value should decrease. Inflation and price increases will also have some effect, but I would doubt that a $10 increase at BLT or SSR will have much impact on the resale market. Like the rest of the Real Estate market, there is far more supply than demand for DVC timeshares. If anything, an upturn in the economy would help more. Disposable income for folks is tight right now, which isn't great for resales.

 

[chalee94]

i agree with the prior poster.

you can't simply increase prices if there is no increase in demand. unless the unemployment rate drops a lot, i don't think resale prices will see much of an impact.

 

[tomandrobin]

I am curious as to what will happen with the increase in cost of DVC points starting on Dec. 1st. Will people selling have to up their prices as well??

No....Resale prices are not tied to retail prices.

 

[edk35]

I would at least expect that resales will go quicker maybe. I mean why buy something at 130 a point when you can get it much cheaper on the resale market.

 

[DVC SSR Owner]

I doubt it unless supply goes down and demand goes up. Lots of resales out there!

 

[DVC Dude]

Will people selling have to up their prices as well??

simple answer = no

 

[Brian Noble]

It's worth remembering that, for the most part, the developer and secondary markets are completely separate. Most people who buy a timeshare (even DVC) do little or no research in advance of their purchase. They have no idea that a secondary market exists, or they may have heard of it, but don't really understand it. At the same time, anyone with any real awareness of the secondary market would not seriously consider a developer purchase unless there is something offered by the developer that (a) cannot be had on the secondary market and (b) that something is worth the price differential. Every timeshare property/system reaches this at some point, once it has grown large enough that more owners are looking to sell than there are prospective purchasers willing to buy.

In fact, if the rumors swirling around have any basis in fact, DVC has recognized that their secondary market has reached this point, and they are contemplating differentiators between developer and secondary purchases. It remains to be seen what these are, but typically they are a combination of friction on transfer (fees, ROFR, etc). plus some (generally low-value) options/perks available to developer purchasers but not those from the secondary market. These are usually used as window dressing on the sales floor to dissuade someone who has heard of the resale market, but does not understand it, to walk away without purchasing.

 

[Jason@dvcstore]

I would at least expect that resales will go quicker maybe. I mean why buy something at 130 a point when you can get it much cheaper on the resale market.

This does seem to be the case at The Timeshare Store, Inc.® More and more people are searching for that perfect listing with extra points or with a certain use year and those listings are selling quick. Our distribution list is up to over 15,000 recipients. More and more people are becoming aware of resales.

Jason

 

[Coach81]

Nope

 

[aggiemullins]

I think it's all about supply and demand. In the past I truly wanted to buy resale but the prices of resale were just too close to developer prices for me not mess with the hassle of it. Now with prices as low as they are on resale and with developer prices going up, you'd be silly not to go resale. Supply of resale will go down and demand will go up predictably right along with the price of the resale market.