Not ROFR thread - general discussion

[atthebeachclub]

Again, I am wondering if it’s DVD doing something that big renters are selling, or just the macro economy is not so good

I suspect it is a lot of things. I am seeing contracts of all sizes showing up, so probably not just renters selling.

I think some older buyers from a decade or two ago are getting out for health or family reasons (sounds like the case for my newest contract), there is some economic uncertainty out there, and then I believe the numbers jumped up at this time last year too. Maybe people who owe on their taxes need to sell?

 

[MagicDVC]

It seems there are a lot less listings to claim at dvcrentalstore.com. Other sites and the rent board might be different, but there were a lot more listings to choose from a couple of years ago.

 

[Chili327]

Seems like there is a lot on the resale DVC market to pick from again.

I waited months with almost no BLT in December use year, then in the past week have seen all sorts of good options show up! It has been surprising because it was so hard to find last year at a decent price.

I’ve even seen decent Poly and Grand Floridian deals come up. Seems to be heading toward a buyer’s market maybe. As long as ROFR stays quiescent we might see lower prices even.

It’s not even March yet, I bet the total available climbs up over 1400 in the next few months.

 

[PlutoNotPlanet]

It’s not even March yet, I bet the total available climbs up over 1400 in the next few months.

What are the destiny of those listed for months?

 

[Chili327]

What are the destiny of those listed for months?

Not sure I understand the question, but I’m sure the goal is to be sold.

 

[Chili327]

If you are really sure you don’t want it, you can withdraw your offer

Yea, but i really do "want" it.

You haven’t heard back?

Yea, they countered and i backed out, but there is still another offer out there, it's just a backup if the current offer fell through. So i think I'm back on the wagon for a bit.

 

[Cfabar1]

My personal view is that costs have just climbed to numbers families are reassessing...

Think about it from a family of four perspective....

Flights for each trip are probably about $800-1000... not too bad, but an amount...
Annual Passes are about $1k each.... so $4k there...
Dues on a 2 BR let's say around 300 points or so around 9 pp are $2700
So we are hitting around $7,700 right there without food/drink/etc.

Add in lightning lanes, food, etc. and the weeklong vacation is getting pricey...

Does it continue to feel that magical year after year? Especially as kids get older, limited new attractions in recent years, etc.

Yes I know not everyone thinks in terms of weeks, maybe coming twice a year helps amortize that AP a little differently, etc. etc. but I think in broad strokes this is what is happening...

Which, for me, is great! Easier to get points I want!!!

 

[PlutoNotPlanet]

Yea, but i really do "want" it.



Yea, they countered and i backed out, but there is still another offer out there, it's just a backup if the current offer fell through. So i think I'm back on the wagon for a bit.

so it's a good roller coster with a phew now

 

[PlutoNotPlanet]

My personal view is that costs have just climbed to numbers families are reassessing...

Think about it from a family of four perspective....

Flights for each trip are probably about $800-1000... not too bad, but an amount...
Annual Passes are about $1k each.... so $4k there...
Dues on a 2 BR let's say around 300 points or so around 9 pp are $2700
So we are hitting around $7,700 right there without food/drink/etc.

Add in lightning lanes, food, etc. and the weeklong vacation is getting pricey...

Does it continue to feel that magical year after year? Especially as kids get older, limited new attractions in recent years, etc.

Yes I know not everyone thinks in terms of weeks, maybe coming twice a year helps amortize that AP a little differently, etc. etc. but I think in broad strokes this is what is happening...

Which, for me, is great! Easier to get points I want!!!

AP is always a hard decision for me, cause two weeks you almost just breakeven (if you don't have AP you might have a couple park-free days), plus AP is a bigger commitment as you can't bank it

 

[ClaraOswald]

My personal view is that costs have just climbed to numbers families are reassessing...

Think about it from a family of four perspective....

Flights for each trip are probably about $800-1000... not too bad, but an amount...
Annual Passes are about $1k each.... so $4k there...
Dues on a 2 BR let's say around 300 points or so around 9 pp are $2700
So we are hitting around $7,700 right there without food/drink/etc.

Add in lightning lanes, food, etc. and the weeklong vacation is getting pricey...

Does it continue to feel that magical year after year? Especially as kids get older, limited new attractions in recent years, etc.

Yes I know not everyone thinks in terms of weeks, maybe coming twice a year helps amortize that AP a little differently, etc. etc. but I think in broad strokes this is what is happening...

Which, for me, is great! Easier to get points I want!!!

$800-$1000 for round trip airfare for 4 people?!? Where??

We fly SWA and it will likely be at close to $1500 for the 3 of us to go to Disneyland this winter, but possibly even more.

 

[Chili327]

$800-$1000 for round trip airfare for 4 people?!? Where??

We fly SWA and it will likely be at close to $1500 for the 3 of us to go to Disneyland this winter, but possibly even more.

They are out there... We usually pay $200 or less for flight from northern CA to DLR.
Last year my flight to WDW was like $270 round trip!! (all Southwest)

 

[ClaraOswald]

They are out there... We usually pay $200 or less for flight from northern CA to DLR.
Last year my flight to WDW was like $270 round trip!! (all Southwest)

Nice. I suppose living near a big hub might help. Us Midwesterners aren't always so lucky. Ha! The cheapest flights for me these days are ones that just don't work for us, time wise. So many flights leave at 6am-ish and there's just no way to get our son there that early AND have him be content (IE: meltdown free) on the flight.

We paid around $410 per person for our OMA-MCO flights last month. I think our OMA-SNA flights will end up being more come December. I did purchase $1500 worth of SWA gift cards at Costco a couple months ago with a decent deal. I think I paid $1290 or something for them. So that was nice and will go towards our trip.

 

[Chili327]

Nice. I suppose living near a big hub might help. Us Midwesterners aren't always so lucky. Ha! The cheapest flights for me these days are ones that just don't work for us, time wise. So many flights leave at 6am-ish and there's just no way to get our son there that early AND have him be content (IE: meltdown free) on the flight.

We paid around $410 per person for our OMA-MCO flights last month. I think our OMA-SNA flights will end up being more come December. I did purchase $1500 worth of SWA gift cards at Costco a couple months ago with a decent deal. I think I paid $1290 or something for them. So that was nice and will go towards our trip.

Yep, those Costco gift cards are great!!

 

[Brian Noble]

I suppose living near a big hub might help.

Ideally, you want to live near a large airport that is not a hub---or, if possible not even a focus city. Hub airports are captive to the dominant airline. DTW is my home airport, and Delta pretty much owns it. I can fly other airlines, but at less convenient times and usually with a connection. So, it's pay up or spend the day in an airport.

And yeah, living on the SFO/LAX corridor is a whole 'nother ballgame. Flying between them is basically like taking the Acela from NY to Baltimore.

 

[VGCgroupie]

Ideally, you want to live near a large airport that is not a hub---or, if possible not even a focus city. Hub airports are captive to the dominant airline. DTW is my home airport, and Delta pretty much owns it. I can fly other airlines, but at less convenient times and usually with a connection. So, it's pay up or spend the day in an airport.

And yeah, living on the SFO/LAX corridor is a whole 'nother ballgame. Flying between them is basically like taking the Acela from NY to Baltimore.

This is the same for me but not in DFW. Delta dominates our airport both in location within the airport and flight options.

 

[PlutoNotPlanet]

Yep, those Costco gift cards are great!!

I use BOA123 when there is no deal around. Wish Costco has Disney GC, then I don’t need to a Target card

 

[SheSingsAlong]

Can I ask about closing costs here? I am a resale contract owner, but now shopping for a small SAP contract and even after research, I still feel confused about closing costs posted on broker sites. Some resale brokers seem to cite closing costs as though they are a fixed $ amount for all contracts regardless of the size/location of a specific contract. Other brokers seem to list closing costs that are specific to a single contract and if the price of the contract is reduced, then the closing costs will likely go down by a few dollars. So...what the heck? Is it an estimate? Does it depend on the title company? When I place an offer for a contract should I ask the broker to send me the exact closing costs? When shopping for a smaller contract, closing costs can make a big difference in your total cost, so I'm trying to figure out if I have any control in keeping closing costs down. I appreciate any insight from more knowledgeable owners!

 

[VGCgroupie]

Can I ask about closing costs here? I am a resale contract owner, but now shopping for a small SAP contract and even after research, I still feel confused about closing costs posted on broker sites. Some resale brokers seem to cite closing costs as though they are a fixed $ amount for all contracts regardless of the size/location of a specific contract. Other brokers seem to list closing costs that are specific to a single contract and if the price of the contract is reduced, then the closing costs will likely go down by a few dollars. So...what the heck? Is it an estimate? Does it depend on the title company? When I place an offer for a contract should I ask the broker to send me the exact closing costs? When shopping for a smaller contract, closing costs can make a big difference in your total cost, so I'm trying to figure out if I have any control in keeping closing costs down. I appreciate any insight from more knowledgeable owners!

Different companies have different fees. As far as what the broker lists, it's typically just an estimate, in my experience the estimate is usually pretty accurate. You can use whatever title company you want though.

 

[SheSingsAlong]

Different companies have different fees. As far as what the broker lists, it's typically just an estimate, in my experience the estimate is usually pretty accurate. You can use whatever title company you want though.

I'm concerned how legitimate fees included in closing costs can vary by as much as $200 between websites for identical small contracts. Maybe I will have to start asking for a breakdown of what they are including in closing costs...

 

[VGCgroupie]

I'm concerned how legitimate fees included in closing costs can vary by as much as $200 between websites for identical small contracts. Maybe I will have to start asking for a breakdown of what they are including in closing costs...

Some may include title insurance and some may not. That is probably it since its so much