DVC: The Timeshare Store

[Marti Super Moderator Find all posts View Profile Close Marti]

Disney Vacation Club

Has anyone listed or purchased a DVC Points contract
Jerry @ The Timeshare Store, Inc. ® Orlando, Florida


DVC Resales Disney Vacation Club The Timeshare Store

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Marti,

Just be aware that Tom Yeary also buys and sells directly from his own name. Some clients believe that this policy creates a conflict of interest for the brokerage- since they are selling both listings and personal inventory.

Good luck,

Rich

[dvcforus Senior Member Find all posts View Profile Close dvcforus]

We have used them to buy, used Jason, and were totally happy with the process.

[littlestar Senior Member Find all posts View Profile Close littlestar]

We have sold three contracts through them and bought one through them - everything went smooth on all four transactions.

[Marti Super Moderator Find all posts View Profile Close Marti]

The Timeshare Store Canceled and Removed my DVC Listing

Submitted a DVC listing to The Timeshare Store Orlando Florida
A few weeks later an agent called, to tell me that The Timeshare Store
had "Canceled and Removed" my "DVC" Disney Vacation Club Listing.
I still can not believe that The Timeshare Store simply rejected my listing
especially after it was on the market & on their website for a few weeks.

[bnoble Senior Member Find all posts View Profile Close bnoble]

The resale market for DVC points has dropped significantly in the past several months, and ROFR levels have dropped as well. I think it has a lot more to do with the broader economy than with RCI but that's just one man's opinion.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Doesn't really sound like good customer service...

I've never heard of this happening before. Generally, when a broker accepts a listing- they will service that client until the end of the listing. The idea that your small (no offense) contract could have such a disastrous impact on all their clients seems a bit ridiculous! Proper pricing is important to sell successfully, but traditionally the smaller contract have always sold at higher per point prices than larger ones.

If you still want to do business with them, I'd recommend you contact Tom Yeary directly and read him the riot act, since you post leads me to think you bought the contract from him initially and then came back to sell. If he won't assist simply for the sake of good customer service, then go elsewhere or continue to try and sell it on your own. At least with DVC- you should have options that don't require any type of upfront marketing fee.

It could also be simply that the brokerage doesn't want to deal with the small contract. Most DVC brokers earn 10% at closing, so a few hundred dollars isn't worth much time or effort to most. Even though there is no real advertising costs they'll incur (since all they would have to do is place the inventory on their own website), they may not feel the sale is worth their time...

Good luck!

You can always call Disney and ask who they recommend!

[Beaglemom3 Senior Member Find all posts View Profile Close Beaglemom3]

Oh sure, now that I'm steeped high in "other" timeshares, DVC prices are dropping. I knew that when my ship came in, I'd be at the airport.

Marti, what happened to your avatar ? The one with Obama and the bunny ? Soooo cute !


B

[dvcforus Senior Member Find all posts View Profile Close dvcforus]

That surprises me too because from the little I follow DVC resales, it seems the small contracts are still selling for people who want a foot in the door?

[timeos2 Senior Member Find all posts View Profile Close timeos2]

Like all bubbles DVC burst. Watch out for the slime

The resale market for DVC points has dropped significantly in the past several months, and ROFR levels have dropped as well. I think it has a lot more to do with the broader economy than with RCI but that's just one man's opinion.

And so, right on schedule as predicted 3-4 years ago, as the remaining years of the RTU slip away the value of the DVC points will decline. And as always known ROFR does NOTHING to prop up resale prices but is simply the price that the developer - whoever they may be - feels they can be assured of using their sales muscle to get a guaranteed return if they snatch the lower market value weeks from willing market buyers. Add in the slumping economy and those who were touting DVC as the only answer to timeshare losing value (how many times did we see the posts that read "But I own DVC so I KNOW - or can always or whatever they may have said - I can get MORE than I paid on resale...") look silly now as that was never the case in the long view. A few benefited from a short blip where demand and Disney manipulation of the market held prices at an unsustainable level but they were, as in all timeshares that occasionally had a moment or two of high value, just in the right place at the right time. Long term the market forces were bound to win and prices fall to real levels as they have and are doing now. I hope those who paid the big bucks thinking "I can always get it back" REALLY want those days at DVC and those incredibly high fees until the lease runs out as if they sell they will not get back anything close to what they were convinced to pay. The warnings were posted and those that thought they could beat the system are finding out the system always wins.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

And then on the flip side.............

And so, right on schedule as predicted 3-4 years ago, as the remaining years of the RTU slip away the value of the DVC points will decline. A few benefited from a short blip where demand and Disney manipulation of the market held prices at an unsustainable level but they were, as in all timeshares that occasionally had a moment or two of high value, just in the right place at the right time. Long term the market forces were bound to win and prices fall to real levels as they have and are doing now.

Of course, on the flip side of this argument is the possibility that the decline in value is the temporary blip simply caused by the current state of the economy rather than the timeshare god's gavel of judgment dropping!

This viewpoint could then state that prices will stabilize as the economy recovers and demand for luxury goods again increases.

The leasehold expiration is the only true tipping point in value that I see on the horizon. As the expiration comes closer, the value will drop. This is consistent will all resorts, however- not just the leaseholds.. I'd be willing to wager that Harborside's values will have declined quite a bit by 2042 or 2054 as well- even though those are deeded in perpetuity. Often with timeshares, the effective lifespan of the physical property runs out long before the ownership rights do..

I'm guessing you aren't a DVC fan, which is certainly fine- but to me (and I don't intend this comment to be disrespectful at all) your post reads much like a bitter "I told you so" that I'm afraid may still be a bit premature in delivery..

[dvc4me123 Junior Member Find all posts View Profile Close dvc4me123]

Removed ad link BF

We have been very pleased with the professional staff at The Timeshare Store when purchasing our small points DVC purchase and will use them in the future. Highly recommend them. Worked with Scot Decker for our purchase. Signed-up for their regular email updates on points for sale.
Removed ad link that did not have a reciprocal link bank BF

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