Has the DVC Resale Market Changed?
We are beginning the process of purchasing another resale contract, our last purchase was the fall of 2015 when it was more of a "sellers" market. I have noticed an obvious huge increase in the number of contacts on the resale market, some have been listed for several months with no apparent offers. It it just the elevated prices that have slowed the resale market down or something else? Anyone have any insight or thoughts on this? I'm kind of hesitant going forward with another purchase right now.
Has the DVC Resale Market Changed?
Quote:
Originally Posted by
WiltonJohn
Can you clarify what you mean here?
best,
................john
The changes made to resale contracts in 2011, I believe, disallowed using DVC points for Disney cruises and regular Disney hotel rooms (which I think is called the Disney Collection.) I purchased resale last year, and the only 'trading out' allowed is RCI.
With the new changes, DVC points bought via resale are good only for DVC resort rooms. Those who have previously bought resale are grandfathered in to whatever was available to them when they purchased.