DVC RESALES
DVC RESALES

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Old 03-07-2014, 03:19 PM   #1
spider211
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Why so many resales

Went to WDW 1st of Feb took the tour and now believe we want to purchase but am concerned as to why so many resale properties. Is it because owners buy, go, and then realize it is not worth it or for them? Just wondering.
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Old 03-07-2014, 03:33 PM   #2
DrewT
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I think people sell for a variety of reasons, personal, financial, etc. We purchased resale in the 90's when our children were small, when they got into high school and other activities we sold in 2004. We now have grandchildren and just repurchased so that we can go with our grown children and grand children.

I think that the number of resales available are probably a very small percentage of the total number of dvc owners.
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Old 03-07-2014, 03:39 PM   #3
spider211
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Thanks Drew, We too only have grown kids with grand kids and thinking of doing the same as you have. I just hope I can stay young enough to enjoy my time there. Brain thinks I am 30 but body says slow down pal you are 60!
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Old 03-07-2014, 04:00 PM   #4
Carlnne
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I was forced to sell during my divorce- almost harder to let go then my house. Now six years later I am waiting on disney to pass on my resale. In my mind it was always something I missed and wanted to get back.
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Old 03-07-2014, 04:21 PM   #5
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I don't think anyone who buys DVC thinks they will have to sell but stuff/life happens. Loss of a job, kids going to college, divorce, change of vacation habits, death, illness, a lot of reasons.

The best thing about DVC is that it's unlike a traditional timeshare in that you can sell it if you need to. Lots of people sell and get back into it once their circumstances change. I think that speaks very well of DVC.
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Old 03-07-2014, 04:28 PM   #6
chukdotcom
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That is kind of like asking "Why are there so many houses for sale". Life changes.
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Old 03-07-2014, 04:50 PM   #7
Nabas
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To ease your mind, WDW has over 47 million points at its 8 DVC resorts.

At any one time, about 100,000 points are listed through resale.

So, only a tiny fraction of DVC points are being resold at any one time.
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Old 03-07-2014, 05:27 PM   #8
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Many buy without fully understanding the product. Others may have life changes or have become dissatisfied with Disney or the DVC and all of the constant changes.

I am not happy with DVC's direction, member services has really taken a turn for the worse and I just don't understand what the executives are thinking.

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Old 03-07-2014, 05:47 PM   #9
spider211
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WOOOOO! So if there are 47 Million points sold at only 8 DVC resorts it sounds as though it would be difficult to get the dates you wanted even with an 11 month reservation.
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Old 03-07-2014, 05:52 PM   #10
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I think many people have added on to contracts over their years of membership and due to life circumstances or financial reasons they decide to sell. As many people have mentioned, the original purchase price is just the starting cost. Our annual dues increase every year and as I would suspect for some people the fees at some point outweigh their usage. Just like anything else...if you don't use it, why continue to pay for it?
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Old 03-07-2014, 05:55 PM   #11
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We rented points this year at $11/pt. that seemed reasonable to me. Maybe one day soon we can buy but not yet
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Old 03-07-2014, 05:59 PM   #12
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Quote:
Originally Posted by spider211 View Post
WOOOOO! So if there are 47 Million points sold at only 8 DVC resorts it sounds as though it would be difficult to get the dates you wanted even with an 11 month reservation.
It's usually possible to get something, even on short notice. However, options are limited.

I just happened to be looking at a stay at the end of June and the only resorts available for my dates were Saratoga Springs Resort (SSR) and Old Key West (OKW).

Many resorts and rooms are available at 7 months but the most popular rooms disappear right at 11 months.

Your Home Resort can be extremely important if you want a popular room.
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Old 03-07-2014, 05:59 PM   #13
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Quote:
Originally Posted by disneynutz View Post
Many buy without fully understanding the product. Others may have life changes or have become dissatisfied with Disney or the DVC and all of the constant changes. I am not happy with DVC's direction, member services has really taken a turn for the worse and I just don't understand what the executives are thinking. Bill
They are to worried about the $$$&$$$$$$ , it seems all they care about is the most profit they can make. Sent from my iPhone using DISBoards
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Old 03-07-2014, 06:13 PM   #14
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We rented points this year at $11/pt. that seemed reasonable to me. Maybe one day soon we can buy but not yet
At $11/point for rental, it could take over a decade to reach the break-even point, even with a resale. Don't be in a rush to buy. At $11/point, you are doing well.
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Old 03-07-2014, 07:50 PM   #15
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At $11/point for rental, it could take over a decade to reach the break-even point, even with a resale. Don't be in a rush to buy. At $11/point, you are doing well.
So I shouldn't get conned into buying on this trip?? Good to know! As long as I can keep finding awesome DVC people to rent from I will be a customer for life
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