DVC RESALES
DVC RESALES

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Old 06-15-2013, 06:51 PM   #3046
lovin'fl
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Oh riiiight, I do remember that. It just hasn't closed yet so we haven't seen the deed recorded. I still say that's an outlier. That's not a common case. Someone just got frustrated about not seeing any small contracts and jumped on the next one they saw.

It's still cheaper than $130. The folks who bought that for $98 are going to be enjoying their points sooner (probably) than the folks who are getting on the Disney wait list today.

And how long ago did you get BWV for $94? What was the going price for BWV resale then?
Yeah, BWV 50 point contracts are $130pp...no incentives. Back, pre-March increase, I think it was $115pp with incentives for 100 points or more (may have been 50 points or more?). Incentives were 5 day park hoppers for 4 (I think)...which would put a 50 point contract around $95pp...but I thought you had to buy 100 points (which with incentives would have been $105pp back then)...and BWV resales were in the $60s back in the early spring and even now they are going in the $70s....direct is $130 and has a LONG waiting list (some on there since Feb).
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Old 06-15-2013, 06:54 PM   #3047
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Congrats to those who passed ROFR!
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Old 06-15-2013, 07:22 PM   #3048
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Originally Posted by lovin'fl View Post
Incentives were 5 day park hoppers for 4 (I think)...which would put a 50 point contract around $95pp...but I thought you had to buy 100 points (which with incentives would have been $105pp back then)...
I bought during the March incentive. Two 50 point contracts qualify you for the 100 point incentive (park hoppers). I got $1000 "developer credit" and also got 1% rewards by charging to my Disney Visa, with 6 months no interest, at which points I'll pay the full balance. One contract took 6 weeks and one took 3 months. But, no waiting for ROFR or points to load. Already used the 2012 points from the first contract and half of the second, so I have some to bank for next year.
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Old 06-15-2013, 07:42 PM   #3049
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I bought during the March incentive. Two 50 point contracts qualify you for the 100 point incentive (park hoppers). I got $1000 "developer credit" and also got 1% rewards by charging to my Disney Visa, with 6 months no interest, at which points I'll pay the full balance. One contract took 6 weeks and one took 3 months. But, no waiting for ROFR or points to load. Already used the 2012 points from the first contract and half of the second, so I have some to bank for next year.
In March, 50-point contracts were going for 72-76 per point. 100-point contracts were going for 68-72. The highest price that was ROFRed was 69. And you would have gotten your 100 points sooner.

So overall I'm not seeing the downside of resale over direct for sold-out resorts, even for small contracts.
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Old 06-15-2013, 08:50 PM   #3050
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Here's our resale journey through Fidelity:

2/19/2013 offer accepted by seller AKV, 180 pt, $65pp, Dec UY, all points available from 2012, seller pays closing, buyer pays maintenance

3/6/2013 sent to Disney for ROFR

4/2/2013 Disney waived ROFR

5/17/2013 Closed and Disney informed of sale

6/8/2013 Got letter from Disney with number!
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Old 06-15-2013, 10:38 PM   #3051
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Originally Posted by bkoehl View Post
Here's our resale journey through Fidelity:

2/19/2013 offer accepted by seller AKV, 180 pt, $65pp, Dec UY, all points available from 2012, seller pays closing, buyer pays maintenance

3/6/2013 sent to Disney for ROFR

4/2/2013 Disney waived ROFR

5/17/2013 Closed and Disney informed of sale

6/8/2013 Got letter from Disney with number!

Almost 4 months???? Yikes
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Old 06-16-2013, 05:58 AM   #3052
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Originally Posted by dmunsil View Post
In March, 50-point contracts were going for 72-76 per point. 100-point contracts were going for 68-72. The highest price that was ROFRed was 69. And you would have gotten your 100 points sooner.

So overall I'm not seeing the downside of resale over direct for sold-out resorts, even for small contracts.
I watched the resale market for two years and NEVER EVER saw what I was looking for on any of the 4 sites I monitored. It was a waste of my time. I wouldn't have found one loaded contract in my use year that size let alone two. That's the downside. As for getting my 100 points sooner through resale, ask bkoehl (or almost any resale buyer) how that worked out for them.
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Old 06-16-2013, 06:01 AM   #3053
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Originally Posted by bkoehl View Post
Here's our resale journey through Fidelity:

2/19/2013 offer accepted by seller AKV, 180 pt, $65pp, Dec UY, all points available from 2012, seller pays closing, buyer pays maintenance

3/6/2013 sent to Disney for ROFR

4/2/2013 Disney waived ROFR

5/17/2013 Closed and Disney informed of sale

6/8/2013 Got letter from Disney with number!
What is the explanation for the 45 days between ROFR and closing? That seems a little atypical.
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Old 06-16-2013, 07:46 AM   #3054
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Quote:
Originally Posted by bkoehl View Post
Here's our resale journey through Fidelity:

2/19/2013 offer accepted by seller AKV, 180 pt, $65pp, Dec UY, all points available from 2012, seller pays closing, buyer pays maintenance

3/6/2013 sent to Disney for ROFR

4/2/2013 Disney waived ROFR

5/17/2013 Closed and Disney informed of sale

6/8/2013 Got letter from Disney with number!
Yikes! I guess Fidelity waived the $195 admin fee. I added you to the list on page 162. Have fun using your new points!!
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Old 06-17-2013, 09:09 AM   #3055
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My mistake! It was BCV at $98/point sold instantly:

That is correct - I was the person that bought that 30 point contract. After I did, I was told that there were 3 other persons that offerred the full price but just had not made it in time. I also agreed to pay the maintenance fee and the closing cost charge. I have been waiting for over 3-1/2 months without any word from Disney as to when, or even if, they would be selling me 25 points I had signed up for at the $115.00 price. There is still a chance that Disney will exercise its ROFR, but I doubt it as I have seen other contracts go through at far less cost per point and with the seller paying for the maintenance fee and closing costs. And even if they so, I still have about 2-1/2 months left on the waiting list at the old price, so I see it as a win-win situation.
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Old 06-17-2013, 09:36 AM   #3056
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We passed ROFR!!!! BCV -- 320 Points. $75 a point. April UY. They have 72 points remaining in 2013. Seller pay closing costs and MF on remaining points. I did email Fidelity to re-confirm this due to the "mistakes" that were made in emails last week. I hate to get all excited and have someone say "oh, my bad -- Disney took it"
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Old 06-17-2013, 09:49 AM   #3057
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lville23 --- 105 BLT (Dec), $87, 66 '12 pts (banked) and all forward, buyer pays 2013 mf and closing (sub 5/23)


Just heard from broker that we passed Disney's ROFR.
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Old 06-17-2013, 11:04 AM   #3058
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We passed!!!

Just got word that we passed ROFR! 120 BCV points, April UY. 106 2013 points and all going forward. We paid MF on the 106 plus half closing and seller paid other half. Submitted to Disney on 5/22, waived on 6/17, so 26 days.

Timeline;
4/23 - I spot a BCV contract that looks good on Fidelity during my usual 'just taking a look' session, but we're not sure time is right to add-on
4/29 - We finally decide that if we really want BCV or BWV we should do it sooner rather than later so we can enjoy longer
4/30 - Same contract is still on Fidelity website so I call. Turns out deal fell through night before so it must be meant to be! I make an offer
5/1 - Seller counters
5/2 - We counter back, seller counters again and we accept. I get email from Sharon for info and we're told contract will be to us within 5 days
5/13 - Contract finally arrives, we sign and return first thing on 5/14.
5/20 - Notified that seller returned contract and it is going to Disney for ROFR today.
5/22 - Oops, notified that contract REALLY went to Disney today....
6/17 - Email from broker that Disney waived ROFR and we're headed to closing!!!! Yay us!!!
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Old 06-17-2013, 11:43 AM   #3059
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We passed ROFR!!!! BCV -- 320 Points. $75 a point. April UY. They have 72 points remaining in 2013. Seller pay closing costs and MF on remaining points. I did email Fidelity to re-confirm this due to the "mistakes" that were made in emails last week. I hate to get all excited and have someone say "oh, my bad -- Disney took it"
AWESOME- Congrats!!! Welcome home neighbor!!!! Enjoy those points!!!
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Old 06-17-2013, 11:46 AM   #3060
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Originally Posted by PaxsMom View Post
We passed ROFR!!!! BCV -- 320 Points. $75 a point. April UY. They have 72 points remaining in 2013. Seller pay closing costs and MF on remaining points. I did email Fidelity to re-confirm this due to the "mistakes" that were made in emails last week. I hate to get all excited and have someone say "oh, my bad -- Disney took it"
Just confirmed.. it is official! Now lets hurry up on the closing docs!!
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