Why is BLT more expensive in resale price per point?

[Dean]

Originally Posted by crisi

I agree, you won't see SSR pricing on BLT points, but in a few years, you should see prices more in line with BCV - with a premium due to the extra years.

I think you'll see BCV continue to come down, you've already seen it come back to the pack somewhat. I doubt it will hold to the level of BLT as a 2042 expiration and I expect it to continue to come closer to VWL and BWV over time.

[Discomom703]

I just made an offer for a smaller BLT contract 50 pt last week. I couldnt resist b/c it was a small one that we can afford now to add to our master contract - SSR.. and i was looking for the same use year. so far so good - i offered low.. at $89 pp but knowing that smaller contracts tend to go fast and i have to pay the higher price.. for sure, the seller counteroffered with listing price at $95/pp.. Did I jump on this too soon? Was this a good deal?? i'm second guessing myself here.. The TSS rep did say that if anyone offers at list price after me, for sure the seller will accept it.. so i took a dive and went for it.. besides in the whole scheme of things - its only a small difference of $ for what I'm really looking for.

Hence, i wanted to get more opinions on why BLT were selling for higher resale point price.. other than what i thought was desirability, location and that it must still be selling actively and its new.. i guess everyone made the same points.. did i make the right move and offered the $95 pp?

Im going on a Disney cruise this December and will be sitting on the DVC to see what they are offering.. i had a feeling that the incentives they'll have - wont match my resale price anyway.. i believe they are selling the BLTs at 165 pp. whoa.. and $7 credit if we buy at least 100 pts.. they might not even offer any of that.. i'm just reading other posts...

[McCrae]

IMO the future pricing of all DVC properties will depend upon the demand to stay at Disney. If room rates continue to increase DVC prices may actually go up.

As long as savings can be achieved by buying DVC demand for units and prices will remain good.

[dcfromva]

Originally Posted by Discomom703

I just made an offer for a smaller BLT contract 50 pt last week. I couldnt resist b/c it was a small one that we can afford now to add to our master contract - SSR.. and i was looking for the same use year. so far so good - i offered low.. at $89 pp but knowing that smaller contracts tend to go fast and i have to pay the higher price.. for sure, the seller counteroffered with listing price at $95/pp.. Did I jump on this too soon? Was this a good deal?? i'm second guessing myself here....

Small contracts always seem to go at a premium price because there are more folks in the market for smaller amounts of points. Value seems to be in the eye of the beholder. Some folks may have let the contract go because it wasn't their target price and would instead wait for the next one. (There is a point of diminishing return because the contract has a finite number of points. If it takes a year or two to find the right contract, there may be one less UY on the contract. You could end up paying your target price for less overall points. ) Others may do as you did --it was a price you were willing to pay for the amount of points you wanted with the right UY.
I'm with you, I don't think you'll get a better deal going direct.

[Discomom703]

August UY seems to not come up as often in resale market.. i've been checking.. i saw alot of Dec and Feb and Septembers but not much August..
So when i saw this contract at 50 pts and AUgust UY -- i didnt mind it being BLT.. I feel better today.. its DVC.. how can i go wrong.?? and resale???

[DougEMG]

Originally Posted by crisi

I agree, you won't see SSR pricing on BLT points, but in a few years, you should see prices more in line with BCV - with a premium due to the extra years.

That's kind of what I expect as well, BLT will always have a premium price to the other current resort, just like BCV has a premium to all the other resorts currently.

[fmer55]

Originally Posted by Dean

BLT's higher prices are a combo of factors. It's newer, it's still in active sales, it's near the monorail, sells for more retail, there are less resales available, people paid more, a higher % have a mortgage and the dues are lower. There may be others we can come up with as well. I would agree with Bill that the dues will not remain as large a difference as they were initially but they should continue to be favorable. As for attractive, beauty is in the eye of the beholder. I'd venture that BLT has had far more people say that they didn't like the resort rooms than any other resort.

I should have elaborated, your points are exactly what I meant by attractive, not just aesthetically pleasing, but attractive financially, as well as desirable location.

[crisi]

Originally Posted by DougEMG

That's kind of what I expect as well, BLT will always have a premium price to the other current resort, just like BCV has a premium to all the other resorts currently.

Although it will be interesting to see. Grand Floridian might make that premium less....and if Villas go in at the Poly we could see BLT resale prices tank.

I don't know how GF will play out against BLT. But I'm pretty sure the the Poly would win any death match the three of them have.

[DougEMG]

Originally Posted by crisi

Although it will be interesting to see. Grand Floridian might make that premium less....and if Villas go in at the Poly we could see BLT resale prices tank.

I don't know how GF will play out against BLT. But I'm pretty sure the the Poly would win any death match the three of them have.

Could happen and if it does then maybe I'll look at buying at BLT. The one advantage that BLT will have over GF and Poly is that you can walk from BLT to MK.

[fmer55]

Originally Posted by DougEMG

Could happen and if it does then maybe I'll look at buying at BLT. The one advantage that BLT will have over GF and Poly is that you can walk from BLT to MK.

And while they may have to change it, at the present time the 3 resorts share buses to HS, and BLT is the first stop both ways. While this may be trivial, it is not to me. One day we didn't even stop at Poly because the bus was full already and could fit no more, I surely would assume they sent them there own, but you never know.

And I am not sure if this is the same to AKV and DTD or not. Also, how many years do you think it will take before you see GF on the resale market? I am not sure how long it took with BLT, I was not around then.

[crisi]

Originally Posted by fmer55

And while they may have to change it, at the present time the 3 resorts share buses to HS, and BLT is the first stop both ways. While this may be trivial, it is not to me. One day we didn't even stop at Poly because the bus was full already and could fit no more, I surely would assume they sent them there own, but you never know.

And I am not sure if this is the same to AKV and DTD or not. Also, how many years do you think it will take before you see GF on the resale market? I am not sure how long it took with BLT, I was not around then.

About ten minutes after it goes on sale.

Not quite, but almost immediately there will be people who buy on vacation, then get home and - after they can't get out of it any longer - discover its a bad fit or really not affordable. Or they get laid off a month after they bought. Or divorced.

Like BLT, those contracts won't be cheap - people who make that mistake generally need to get as much out as possible - and Disney isn't interested in fire sales on their newest resort.

[Disneymooner07]

I'm looking at resales too and don't quite understand why BCV is more expensive than the others like VWL and AKV and BWV in particular since both BWV and BCV are walking distance to Epcot & HS?

[crisi]

Originally Posted by Disneymooner07

I'm looking at resales too and don't quite understand why BCV is more expensive than the others like VWL and AKV and BWV in particular since both BWV and BCV are walking distance to Epcot & HS?

Small resort, high demand. BWV has about three times as many rooms and about three times as many contracts coming up. People who love BCV love it - they like SAB, or they like something else about the resort.

BCV can be the most difficult to book seven months out for "ordinary" rooms (i.e. not standard view or "specialty view" or concierge or Grand Villas). So for people who ALWAYS want to stay at BCV - especially those who travel during high demand times, the price premium is worth it.

For a lot of people though, it isn't. If you aren't a SAB fan and just want the Epcot area - BWV Standard View is the bargain.

[Dean]

Originally Posted by fmer55

I should have elaborated, your points are exactly what I meant by attractive, not just aesthetically pleasing, but attractive financially, as well as desirable location.

I don't think we agree as much as you think. BLT is only a good deal if you want to stay there most trips enough to pay significantly more. It'll be more expensive than many other options. Part of the reasons for BLT being more are artificial and won't hold up.

[ELMC]

Originally Posted by DougEMG

Could happen and if it does then maybe I'll look at buying at BLT. The one advantage that BLT will have over GF and Poly is that you can walk from BLT to MK.

You can walk to MK from any resort, it just takes longer.

Seriously, though, the ability to walk to MK from BLT was the number one reason why we bought there (resale).