Has the DVC Resale Market Changed?

I think it's a combination of insanely high prices and stripped contracts. I've been looking around too and some of the prices are just ridiculous. The other thing I'm noticing is they're asking for dues at closing on points you aren't getting and some of the brokers have jacked up the closing fees.

We are looking to add on in the near future as well. We fully expected the prices to drop with the new policies but it really hasn't moved. We bought resale back in 2008 at the BWV and it cost under $85 per point, today they are asking over $100!! We are beginning to wonder if it is even worth it to add on with these crazy prices.

That's weird... Snce you're just paying for accommodations, I would have guaranteed that the resale market would have popped. It might be that Disney's prices are just out of control. I laugh when I get the ads, add on now and save. When I look at the cost per point, it gives me a deep belly laugh. They really are crazy!

With all the changes, I just don't see DVC (at current prices) being all that attractive. We use ours for visiting relatives around our cruises, going to start trading out for other vacations I think. Worse comes to worse, we may start renting points to pay for other vacations. That might be the best value in the program these days.

What I'm finding out so far after speaking with several realtors that handle DVC resales is that although contracts are posted at higher prices, many of the sellers are willing to negotiate, but now my concern is if the price is not high enough it will be ROFR'd. Not sure what I'm going to do now :confused:

DVC is just like buying a house. You make and offer, they either accept or not. What you're talking about is ROFR which is nothing to worry about.

Say you offer $3000. They accept, Disney just has the right to buy that contract at $3000. If they do, you just move onto another contract, if they don't, then you buy it for that price.

The contract gets 'sold' either way, owner is just either you or them. There's no harm outside of the delay in you potentially owning DVC in losing a contract to ROFR.

There will be more contracts to buy, people are looking to get rid of them all the time

We've only been with DVC since 2014, but my frustration has been that it never seems to be an easy booking. Granted, we've not yet tried to to book at our home resorts with the 11 month window but we bought in thinking it would be great to continue to try new resorts. We've gotten lucky with wait lists, but certainly it's preferable to have everything locked and loaded.

I completely agree! Trying to book anything at seven months is impossible! I've tried for months to get BW in October and although I did just get a wait list request.....I couldn't get ANYWHERE except SS which we really didn't want....tried for December 4-8 on exactly the seven month window and finally got OKW from the 5-7! Really annoying!!!!

There are definitely certain locations and certain times of the year that it'll be very difficult to book DVC rooms outside of your home resort (at the 7-month mark). BW in October would certainly be one of those times with the popularity of events that time of year - like F&W and Halloween. We always book a stay at our home resort, and then try to change at 7 months. Sometimes it'll work, sometimes it won't. But at least we have a reservation! There's never a problem making a reservation at the home resort 8-11 months out.

I'm not sure, but I don't think I see the Resale market slowing anytime soon. With the costs being 30%-40% cheaper than buying directly from Disney, and with DVC resorts being very popular, it's about supply and demand. We've bought from Disney and we've bought resale in the past. I wouldn't hesitate to buy resale again, even with prices going up slightly.

You should pay careful attention to the changes Disney just rolled out to resale contracts. You lose ALL the perks of the points. Literally the only thing they're good for is rooms at Disney resorts. You can't trade them out, you get no merchandise discount, no AP discount, no food discount .... nada.

Ian;2485471 wrote: You can't trade them out, ..............

Can you clarify what you mean here?

best,

................john

WiltonJohn;2485487 wrote: 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.

Melanie;2485490 wrote: 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.

Thanks. THAT I knew. The way the previous comment was phrased, it seemed (to me) to imply that you could no longer RENT or TRANSFER points anymore. (My interpretation of the word "trade".) And from reading the DVC stuff I have, I knew that was not the case (at least I thought so). So was worried I was missing something.

All of the "extras" can change/disappear at any time. That is a 'fact of life'. I don't really expect them to remain constant for anyone. For me buying a DVC membership was about visiting Disney. Not really interested in the "other stuff" much, if at all. The purchase discounts are nice.... but I expect they will go bye-bye soon.

We now hold a re-sale and a small direct purchase. The resale JUST made it in under the wire on the last rules change. We might do another small re-sale purchase in the next couple of years if the points we have turn out not to work as we plan. We'll see.

Thanks for the clarification.

best,

...................john

What's the fewest points that Disney let's you buy direct? We bought resale first back in 2014 then added more (50 points) direct from Disney in 2015. If you buy even a few points direct from Disney then it would negate all the cuts in buying from the second hand market, right?

I think it's about 100 which makes it a $17k in to get benefits that come and go like the wind...

I've never seen Disney turn down money though, I bet you can buy a significantly lower amount directly taking to a guide.

100 is a tough number, it's barely enough to do anything of value. A few days a year is about all that would get you. I don't think you can get a full week anywhere.