DVC Resale Pricing Support - Page 3 - The DVC Boards at MouseOwners.com - the place to talk DVC and Walt Disney World

ParentsOfFour · 06-09-2012, 12:31 AM

Quote:

Originally Posted by jedwards

Someone just posted on the ROFR website that they paid $55 pp for BWV.

Yes, that was us! Asking prices were about $62-$65 when we started looking. When a new listing popped onto the market in late April asking $55/point, we jumped on it. It's taken that long (about 6 weeks) for the paperwork to complete and pass ROFR. More recently, asking prices have risen to the $67-$73 range on the most popular DVC resale sites.

jedwards · 06-09-2012, 01:18 AM

Quote:

Originally Posted by ParentsOfFour

Yes, that was us! Asking prices were about $62-$65 when we started looking. When a new listing popped onto the market in late April asking $55/point, we jumped on it. It's taken that long (about 6 weeks) for the paperwork to complete and pass ROFR. More recently, asking prices have risen to the $67-$73 range on the most popular DVC resale sites.

Congrats! I know Sharon at Fidelity just offered me a 100 point BWV contract that was listed at $60, that was on Tuesday. It was the wrong UY for me, but another MO grabbed it.

OldGrizzly57 · 06-09-2012, 01:26 AM

Quote:

Originally Posted by ParentsOfFour

For the sake of discussion, let's assume that Disney adds DVC to the Polynesian. Where does DVC go after that?
I ask because I assume at some point, there won't be any good locations left for DVC to expand. At that point, does it make sense for Disney to be much more agressive with ROFR, knowing they can buy at price X and then resell the same contract for price Y, tacking on another 15 or 20 years to increase its value?

Current trend is certainly to add to existing resorts but Disney still has thousands of acres of undeveloped property. Many rumors circulate today as to the next park or resort development area. Don't look for them to run out of area to expand any time soon.

Griz

ParentsOfFour · 06-09-2012, 01:39 AM

Quote:

Originally Posted by OldGrizzly57

Current trend is certainly to add to existing resorts but Disney still has thousands of acres of undeveloped property. Many rumors circulate today as to the next park or resort development area. Don't look for them to run out of area to expand any time soon.

Griz

So it would most likely would be a spot that wasn't in a 'prime' location? (I consider 'prime' to be anything within walking distance to a theme park.)

OldGrizzly57 · 06-09-2012, 01:50 AM

Quote:

Originally Posted by ParentsOfFour

So it would most likely would be a spot that wasn't in a 'prime' location? (I consider 'prime' to be anything within walking distance to a theme park.)

That depends, where will the next park be and what type of resort development will occur nearby. I also think anything on property is of great value as it will be included within the global transportation system. Of course prime is debateable as you have defined because GF and Poly will certainly be prime but will only have access to the parks via the transportation system. Very short trip certainly to MK but not "walk-able" today.

ParentsOfFour · 06-09-2012, 02:22 AM

Quote:

Originally Posted by OldGrizzly57

That depends, where will the next park be and what type of resort development will occur nearby. I also think anything on property is of great value as it will be included within the global transportation system. Of course prime is debateable as you have defined because GF and Poly will certainly be prime but will only have access to the parks via the transportation system. Very short trip certainly to MK but not "walk-able" today.

I stand corrected. People certainly are willing to pay a premium to stay at a monorail resort so anywhere on the monorail should be considered a 'prime' location.

Many people have suggested that the Polynesian might be the location of the next DVC. I wonder what people think is the next "best" location after that resort.

Are there any exceptional locations remaining, too small for a theme park but big enough for a DVC, that would really excite future DVC purchasers?

Going back to the purpose of the original thread, I'm wondering if there will be a point where Disney decides that it's more profitable to exercise ROFR on most contracts rather than build another DVC. This would boost the price of existing DVCs. Several existing DVCs are in 'prime' locations. Could Disney make more money by buying back lots of DVC contracts vs. building a new DVC in a location that people might not be willing to pay a premium for?

For example, would Disney take over part of the Epcot parking lot to squeeze in a new DVC? Can a DVC be located in such a way as to provide a walking entrance to DAK? Just some thoughts ...

neweagle99 · 06-09-2012, 06:46 PM

Monorail expansion would give new DVC monorail resorts added value....

Monorail System News - (4/5/12) I’ve heard this rumor countless times before… but a good source claims that Walt Disney World may be taking another long hard look at expanding the resorts iconic Monorail system once again in order to cut back on their reliance on bus transportation and move towards a functional mass transit network that would service all of the theme parks and bigger attractions eventually.

salmoneous · 06-09-2012, 07:11 PM

Disney cost per point for building a new DVC is in the $25-35 range. Until resale prices fall that low, they are going to make more profit from new sales. And there simply aren't enough points to ROFR to meet their need for new sales. ROFR will continue to be an afterthought for DVC, not the profit driver.

My guess for the next big WDW DVC is still River Country DVC.

As for the need to have "prime" space, keep in mind SSR was the best and fastest selling DVC ever.

webcs · 06-09-2012, 11:15 PM

Guys, I think the issue is not with resell prices it is with Disney Prices. Disney's cost increases are "ARTIFICIAL". They raise prices on the basis that their people in the field at the DVC kiosks can sell people who are having the best time of their lives and will buy. Their clients have money to burn and are under the false impression that buying through Disney direct is any difference OR not even aware of the resell market.

The same is true with companies like Dyson, who sell vacuums and fans for hundreds of dollars more on the basis that they are the creme of the crop. When in fact its the same thing as other brands in many cases.

I don't know anyone in their right mind that would buy direct form disney for $80-$100 when they can get the exact same thing for $50-$60, regardless of the little perks disney gives.

SO.....the "real" gauge of what DVC is worth is the resale market. The market tells you specifically what people are willing to pay and what Disney is willing even to pay for their own product!!! If DVC was so valuable (and I love mine) then wouldn't Disney buy them back? They know what their value is just as buyers do.

It is supply and demand. The only point at which prices will go up is when Disney runs out of units, as long as they keep building this will not occur.

Fmer55 · 06-11-2012, 01:17 AM

Quote:

Originally Posted by jedwards

Someone just posted on the ROFR website that they paid $55 pp for BWV.

And i paid 50 and closed on 4/26

sems like 5 bucks to me

Just busting your chops, i know there are many arguments to be made.

View Poll Results: With Direct DVC Add-On Price Increases Will DVC Resale Prices Also Rise?
Average DVC resale price/point will rise moderately.	4	8.51%
Average DVC resale price/point will rise slightly.	10	21.28%
There will be a floor under resale prices but no increase on average.	17	36.17%
No, average resale prices will continue dropping.	16	34.04%
Voters: 47. You may not vote on this poll

06-09-2012, 06:46 PM	#27
neweagle99 Studio Join Date: Aug 2011 Location: Stony Brook, NY Posts: 158	Monorail Expansion Rumor Monorail expansion would give new DVC monorail resorts added value.... Monorail System News - (4/5/12) I’ve heard this rumor countless times before… but a good source claims that Walt Disney World may be taking another long hard look at expanding the resorts iconic Monorail system once again in order to cut back on their reliance on bus transportation and move towards a functional mass transit network that would service all of the theme parks and bigger attractions eventually. __________________ *Denis*

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06-09-2012, 07:11 PM	#28
salmoneous Add-on Aficionado Join Date: Jul 2008 Location: Al bar della piscina Posts: 9,503	Disney cost per point for building a new DVC is in the $25-35 range. Until resale prices fall that low, they are going to make more profit from new sales. And there simply aren't enough points to ROFR to meet their need for new sales. ROFR will continue to be an afterthought for DVC, not the profit driver. My guess for the next big WDW DVC is still River Country DVC. As for the need to have "prime" space, keep in mind SSR was the best and fastest selling DVC ever.

06-09-2012, 11:15 PM	#29
webcs Studio Join Date: Oct 2009 Posts: 185	Guys, I think the issue is not with resell prices it is with Disney Prices. Disney's cost increases are "ARTIFICIAL". They raise prices on the basis that their people in the field at the DVC kiosks can sell people who are having the best time of their lives and will buy. Their clients have money to burn and are under the false impression that buying through Disney direct is any difference OR not even aware of the resell market. The same is true with companies like Dyson, who sell vacuums and fans for hundreds of dollars more on the basis that they are the creme of the crop. When in fact its the same thing as other brands in many cases. I don't know anyone in their right mind that would buy direct form disney for $80-$100 when they can get the exact same thing for $50-$60, regardless of the little perks disney gives. SO.....the "real" gauge of what DVC is worth is the resale market. The market tells you specifically what people are willing to pay and what Disney is willing even to pay for their own product!!! If DVC was so valuable (and I love mine) then wouldn't Disney buy them back? They know what their value is just as buyers do. It is supply and demand. The only point at which prices will go up is when Disney runs out of units, as long as they keep building this will not occur.