Buy now or next year? Question

[Buggles94]

some more thoughts from me - if there are points available for 2024 check UY banking deadlines and consider asking the seller to bank the points now just in case the process does take longer. Also, any 2023 banked points are a bonus but check deadline for when they have to be used as you might not complete/travel in time to use them...

[Floridatilly]

Originally Posted by Ohana7

Our resale took 88 days to complete. On the other boards there are threads about when offers are made, go to ROFR, etc. We found these useful as we could more or less track where we were in the list. For us the longest part was the seller returning the document to the broker. They took 5 weeks to do this, they obviously wasn’t in a hurry to receive the funds.

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Originally Posted by Mr Tom Morrow

The 'haggle' is done when you bid for the Contract. Lets say the one you fancy is $125 a point. Check that other well known website to see what contracts in that particular Resort are going for.

Then lob in an offer below the $125.They may accept it, counter it or decline. It's a game we all play in life like buying a car.

A loaded Contract has Points available and maybe even Banked Points floating around. A stripped one is where there will be no Points available for 2025 as they used them up.

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Whats the other board/well known website?

Thanks Tom, I am historically pants at making offers, I just don’t have the nerve because I don’t want someone to think bad of me. Pathetic I know 🤦 I am 51, I need to grow up 😬😬🤣

[Floridatilly]

Originally Posted by Buggles94

Hi FT - sounds like you have been doing lots of research! Availability wise I'm not going to promise anything as I have really struggled to piece together a December trip at 7/8 months... However, as everyone says SSR is a huge resort so easier to get availability usually a few months out... The DVC Field Guide shows 7 month availability which is really helpful. Re timeline, I have just added on to our SSR contract. We offered on around 24th September and closed last week so am very happy with those timescales. I'm now waiting for DVC to add on the points and checking constantly! I would definitely allow 2 - 3 months as will depend on closing company, seller etc as well... really good luck if you decide to go ahead with offer

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Did you buy resale ? If so which company did you use?
I am looking at DVC for Less because it was recommended on here. 🤩🤩

[Mr Tom Morrow]

Originally Posted by Floridatilly

Whats the other board/well known website?

Thanks Tom, I am historically pants at making offers, I just don’t have the nerve because I don’t want someone to think bad of me. Pathetic I know 🤦 I am 51, I need to grow up 😬😬🤣

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I haggle for everything apart from food and diesel.

[2point]

Originally Posted by Floridatilly

Did you buy resale ? If so which company did you use?
I am looking at DVC for Less because it was recommended on here. 🤩🤩

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It's all via email, don't worry about what the seller/broker thinks of you, it's irellevent.

Our recent buy -

Initially we went in for AKV 300 point stripped, it was up for $90, offered, accepted and passed ROFR at $85. Contract was then pulled as broker found the contract had outstanding finance.

Went in for another AKV, got counter offered then owner put the price up to higher than the original listing. I think they were trying to make some point to me!

Went in for another AKV, I think it was up for $98, offered $92 and was accepted and passed ROFR. It had 2024 points on it so it compared the 300 point stripped contract. It compared as £84 a point.

Be patient and good deals are out there. It looks like you are either looking at AKV or SSR (both great choices for bang for buck points)

For AKV there are a load of contracts around the $95 mark, for SSR $90

Look on dvcsearch.com for contracts from all the brokers

[Buggles94]

Originally Posted by Floridatilly

Did you buy resale ? If so which company did you use?
I am looking at DVC for Less because it was recommended on here. 🤩🤩

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DVCForLess is great - I only discovered it this year! We have a direct purchase and have since added on (a few times - eek!) using Andy at DVC Resale Market, Yasmin at The Timeshare Store and most recently with Adam and Nate at DVC Resale Experts. This time I asked for Cammy at DVC Closings to be the Title Company as have used her in the past and she is great. I recommend any of those companies/brokers

[Shooby doo]

FT the other site is basically the US/Worldwide equivalent of the Dibb, type in D... I... S They actually have a ROFR sticky/thread & you can see what contracts are passing at before making your offer
SD

[Floridatilly]

Originally Posted by 2point

It's all via email, don't worry about what the seller/broker thinks of you, it's irellevent.

Our recent buy -

Initially we went in for AKV 300 point stripped, it was up for $90, offered, accepted and passed ROFR at $85. Contract was then pulled as broker found the contract had outstanding finance.

Went in for another AKV, got counter offered then owner put the price up to higher than the original listing. I think they were trying to make some point to me!

Went in for another AKV, I think it was up for $98, offered $92 and was accepted and passed ROFR. It had 2024 points on it so it compared the 300 point stripped contract. It compared as £84 a point.

Be patient and good deals are out there. It looks like you are either looking at AKV or SSR (both great choices for bang for buck points)

For AKV there are a load of contracts around the $95 mark, for SSR $90

Look on dvcsearch.com for contracts from all the brokers

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What does point stripped mean?
Sorry 🙈🙈

[Dr.JumbaJookiba]

Originally Posted by Floridatilly

What does point stripped mean?
Sorry 🙈🙈

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It means some or all of the future years points have been used.

Watch out for contracts where it says the points available for 2025 are less than the full contract amount.

[Mr Tom Morrow]

Originally Posted by Floridatilly

What does point stripped mean?
Sorry 🙈🙈

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See my Post on Page 2.

Edit. Oops DR J.J beat me to it.