Andy Berry joins us for our monthly DVC Resale Market monthly update. Disney exercised Right of First Refusal on 22 contracts in August 2020. We're back to pre-COVID resale prices. August was a banner month for sales and inventory is slightly low.
Season 4 of the My DVC Points Podcast was made possible through financial support from the DVC Dream Team:
- DVC Resale Market – Industry Leader in DVC Resales
- DVC Rental Store – DVC Point Rental and Swap Partner
- Incredible Vacation Homes – Luxury Vacation Homes for Family Gatherings
- Be Our Guest Vacations – Travel Agent for DVC Point Swap Programs
- Monera Financial – Exclusively Financing DVC Contracts
- Patreon supporters in the My DVC Points VIP Producer Club.
Andy Berry joins the show for our Monthly DVC Resale Market monthly recap. Average prices rose again. Disney exercised their Right of First Refusal on 22 contracts in August of 2020. Buybacks included 10 Saratoga Springs contracts, 5 Old Key West contracts, and some unusual buybacks, including 6 Grand Floridian and a Vero Beach resort. Previously there were no buybacks in 2020 for Grand Floridian and only two for Vero Beach. Thus far in 2020, the four months of zero buybacks are lowering the annual average to 3.2%
Chad and Andy discuss the best resorts to buy. We're both fans of the monorail resorts, not only as a great place to own and stay, but Chad's theory is that the monorail resorts are the most likely to rise in resale value. Given the long length of life at the Polynesian and Aulani, we encourage listeners to consider these resorts when making a purchase. For people who want to go to Aulani every 2-3 years, you cannot beat the low cost per point, and your points will stretch further with the 11-month window.
Andy is calling for more listings. When we looked over inventory at the time of recording, they were exceptionally low on Animal Kingdom contracts. Animal Kingdom is one of the three largest DVC resorts and has a tremendous demand given the unique nature of the resort and 11-month access to Club and Value rooms. BoardWalk, Grand Californian, and Beach Club are always in short supply.
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