Humberto Santos from DVC Resale Market is back to go over our monthly resale market update. 56 contracts were bought back from ROFR (40 SSR, 10 OKW, 5 VGF, and a Vero). All but two resorts rose in average sales price in the month of September the two that did not were within normal deviations. The resale market is very strong. At the time of recording DVC Resale Market was down to 280 listings. Humberto stated that he alone had 12 new listings on the day of recording and there are 11 members of the sales team.
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.
Nick Cotton joins the show to return to the parks, unique opportunities we have to enjoy the parks during COVID, deals on discounted DVC points, and an update on the DVC rental and resale markets.
Jodi Gross from DVC Resale Market joins the show to provide a market update for July 2020. Resale prices rose almost across the board, and the average price is back up to the same point as last year. The market is leaning towards a slight seller’s market. While Disney did not exercise their Right of First Refusal in July; however, before we could edit the episode, Disney started a buying spree.
Andy Berry is back to provide a monthly recap for June 2020. For the third month in a row, DVC Resale Market had zero contracts bought back through Disney’s Right of First Refusal (ROFR). Andy commented that DVC is taking longer than usual to waive their rights. Chad thought it was incredibly ironic that DVC is taking up to 50 days to say we’re not buying it back and we haven’t bought anything back in the last 90 days.
Derek DeBoers joins the show to provide an update on the DVC Resale Market. Disney did not buy back a single contract in May 2020. Prices are slightly down from last summer buy on their way back up as inventory has been shrinking at an alarming rate. It’s become a seller’s market again.