DVC RESALES
DVC RESALES

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Old 05-03-2013, 01:37 PM   #16
DougEMG
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Originally Posted by NoleFan View Post
ROFR does impact supply & demand significantly.
The advice I and others always gave was never to bid up your price just because you were worried about passing ROFR. So no, I don't think ROFR impacts supply and demand. I believe demand impacts ROFR.
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Old 05-03-2013, 01:43 PM   #17
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Increase in ROFR, reduces the supply of resale contracts & drives up the cost of resale contracts. ROFR is not the only factor in driving up prices. If the economy is doing better, more people have $$$ to spend.
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Old 05-03-2013, 01:55 PM   #18
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Increase in ROFR, reduces the supply of resale contracts & drives up the cost of resale contracts. ROFR is not the only factor in driving up prices. If the economy is doing better, more people have $$$ to spend.

Increased demand increases the demand for both direct and resale contract.

Increased demand for resale reduced the supply of resale contracts.

Increase demand for direct contracts increases the level of ROFR which reduces the supply of resale contracts while still keeping the demand for resale contracts unchanged.

So we agree, the increase in demand is the driving force
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Old 05-03-2013, 02:03 PM   #19
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Demand or no demand I still think there are a good few sellers who have over-cooked the asking prices. There are several BLT contracts available where the price is so high it offers tiny or no savings over direct. That is surely going to put most buyers off for now and impact demand
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Old 05-03-2013, 02:17 PM   #20
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Demand or no demand I still think there are a good few sellers who have over-cooked the asking prices. There are several BLT contracts available where the price is so high it offers tiny or no savings over direct. That is surely going to put most buyers off for now and impact demand
Agreed. With the resale restrictions and the amount of time and effort required to go the resale route, resale buyers are expecting a discount to direct pricing. With only a tiny savings over direct it would not make sense to go resale. So how much demand though is there at say a 20% discount, a 30% discount, etc. For myself I never looked at it by how much the discount was, but rather what the total cost I could afford was, so there was a ceiling on how much I could afford to pay; hence why I never bought direct when I first learned about DVC and only bought resale years later after finding out about the resale market.
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Old 05-03-2013, 02:19 PM   #21
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Demand or no demand I still think there are a good few sellers who have over-cooked the asking prices. There are several BLT contracts available where the price is so high it offers tiny or no savings over direct. That is surely going to put most buyers off for now and impact demand
Oh, I think it's quite possible they are just trying to get the money they paid for their BLT contracts back. Not everyone paid under $100 per point for BLT.
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Old 05-03-2013, 04:59 PM   #22
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I just bought BLT at $89. If it was near $100 I would have just gone direct. My first contract was rofr'd but I hung in there to try again. Resale works only if savings are there
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Old 05-03-2013, 06:18 PM   #23
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Increased demand increases the demand for both direct and resale contract.

Increased demand for resale reduced the supply of resale contracts.

Increase demand for direct contracts increases the level of ROFR which reduces the supply of resale contracts while still keeping the demand for resale contracts unchanged.

So we agree, the increase in demand is the driving force
I agree with this BUT - there were at least (that we know of) about 25 contracts for BWV alone taken (in a 2 week time frame) that is 25 buyers now buying the next contracts to be listed - thus decreasing supply. If those 25+ contracts were not taken there would be 25+ more BWV contracts on the resale market today - competetion. Yes it is supply and demand I am confident that once Disney stops ROFR supply will increase and demand will go down.
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Old 05-03-2013, 08:51 PM   #24
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I agree with this BUT - there were at least (that we know of) about 25 contracts for BWV alone taken (in a 2 week time frame) that is 25 buyers now buying the next contracts to be listed - thus decreasing supply. If those 25+ contracts were not taken there would be 25+ more BWV contracts on the resale market today - competetion. Yes it is supply and demand I am confident that once Disney stops ROFR supply will increase and demand will go down.
I'll agree with your BUT. It is reasonable to assume that when Disney announced the increase in prices that they created a bump in demand (probably just bring future demand forward) which in turn sucked up the supply of BWV faster than normal.
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Old 05-03-2013, 09:01 PM   #25
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I just bought BLT at $89. If it was near $100 I would have just gone direct. My first contract was rofr'd but I hung in there to try again. Resale works only if savings are there
Or if someone is looking to bypass the point requirement for initial buy in.
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Old 05-06-2013, 02:39 PM   #26
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I don't see any VWL resales on the timeshare store site. I wonder what that would go for? Any thoughts?
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Old 05-06-2013, 02:40 PM   #27
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I don't see any VWL resales on the timeshare store site. I wonder what that would go for? Any thoughts?
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Old 05-06-2013, 05:56 PM   #28
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I don't see any VWL resales on the timeshare store site. I wonder what that would go for? Any thoughts?
I was able to snag 50 VWL points in Feb for $65/pp (dec u/y) but it had no 2013 points
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Old 05-06-2013, 06:13 PM   #29
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I don't see any VWL resales on the timeshare store site. I wonder what that would go for? Any thoughts?
We just put an offer on a VWL contract for $79pp. It has all of the points for 2013, going forward - and we didn't want to mess around with negotiating and lose this contract because it is exactly what we wanted.

It went to ROFR today, so we'll see if Disney steals this one away or not. I am not feeling great since they have been taking so many lately. I am going to be nervous all month.
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Old 05-07-2013, 08:28 AM   #30
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We just put an offer on a VWL contract for $79pp. It has all of the points for 2013, going forward - and we didn't want to mess around with negotiating and lose this contract because it is exactly what we wanted.

It went to ROFR today, so we'll see if Disney steals this one away or not. I am not feeling great since they have been taking so many lately. I am going to be nervous all month.
Good luck, let us know if you get it.
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