Riviera resale

**Jasonharry** · 8 Jul 19, 03:32 PM

Interestingly just saw on a Facebook page someone has just resold a riviera contract at less than $130 a point.
The resale restrictions were what made me change my initial plans into buying there. I know we shouldn�t buy in planning on it being an investment but still it�s made me glad of my decision

Shooby doo · 8 Jul 19, 04:47 PM

If true a very quick way to lose & third of your money before a Resort is even open!

SD

YorkshireT · 8 Jul 19, 06:01 PM

Imagine what the price could be when they are coming up all the time. I would personally avoid Riviera, I couldn't take thinking I had literally thrown money away compared to buying something else... A lot of money.

YorkshireT · 8 Jul 19, 07:19 PM

Apparently is was marketed for $130 but went for under $130. Sold by Bee Thaxton who said it didnt sell close to the listed price. That is low for a brand new resort with only 1 contract on the market.
One broker openly says he thinks it will be sub 100 a point eventually.

Mr Tom Morrow · 8 Jul 19, 08:48 PM

Putting the cost to one side. Somebody made a very expensive and ill thought out decision. Sad.

gavvy · 9 Jul 19, 07:41 PM

I can see Disney wanting a lower resale price- they will buy it under ROFR flip it and sell it with whatever use year they want straight away, basically profiting from the points again and again.
I actually think very few will pass ROFR after the resort is sold out, Disney will keep on flipping the points.

8 Jul 19, 03:32 PM	#1
	8 Jul 19, 03:32 PM Jasonharry VIP Dibber ✓Premium Member
Jasonharry VIP Dibber Join Date: Aug 17	Riviera resale Interestingly just saw on a Facebook page someone has just resold a riviera contract at less than $130 a point. The resale restrictions were what made me change my initial plans into buying there. I know we shouldn�t buy in planning on it being an investment but still it�s made me glad of my decision

8 Jul 19, 08:48 PM	#5
	8 Jul 19, 08:48 PM Mr Tom Morrow Imagineer
Mr Tom Morrow Imagineer Join Date: Jul 14 Location: The Tiki Room. theDIBB Guidebook Pages Created: 3	Putting the cost to one side. Somebody made a very expensive and ill thought out decision. Sad. __________________ "PAGING MR MORROW, MR TOM MORROW..." ''I drink Wine and know things'' DVC Owners at SSR since 2003. Multiple annual visits to America since 1976

9 Jul 19, 07:41 PM	#6
	9 Jul 19, 07:41 PM gavvy Imagineer
gavvy Imagineer Join Date: Feb 05 Location: South East Wales	I can see Disney wanting a lower resale price- they will buy it under ROFR flip it and sell it with whatever use year they want straight away, basically profiting from the points again and again. I actually think very few will pass ROFR after the resort is sold out, Disney will keep on flipping the points. __________________ Disney CM in 2001-2002 - Happy Days