BWV Dreamin
DIS Veteran
- Joined
- Mar 10, 2007
Guess I should clarify more I am purchasing a second contract that is now in ROFR. I am seeing lots of Poly passing which is great! But mine is going to test the monster at $125/pt for 120 pt. contract.
You did it, you slayed the ROFR monster! Congrats!!mblsj---$135-$22395-150-PVB-Dec-0/23, 198/24, 150/25- sent 4/3, passed 4/26
Passed! So excited that this one made it through!
That's not the Jedi way. But the Jedi mind trick- you bet!You did it, you slayed the ROFR monster! Congrats!!
These are not the contracts you are looking for….That's not the Jedi way. But the Jedi mind trick- you bet!
pianomanzano (seller)---$91-$25539-270-BRV@WL-Jun-0/23, 0/24, 270/25- sent 4/26 |
Your contract being ROFR has very little to do with the price and more to it being stripped until 2026. The price isn’t testing anything.Guess I should clarify more I am purchasing a second contract that is now in ROFR. I am seeing lots of Poly passing which is great! But mine is going to test the monster at $125/pt for 120 pt. contract.
If you say so!Your contract being ROFR has very little to do with the price and more to it being stripped until 2026. The price isn’t testing anything.
Stripped points are worth anywhere from $10-$20 per year. So $125pp with no 24 or 25 points is really $145-$175pp.If you say so!
I’m going to go out on a limb and say that “hot new tower points” for Poly in 24/25 are worth at least $15/yr (net of dues)— you might be able to rent them for less than $25/pt at the 11m mark, but I wouldn’t count on it.Stripped points are worth anywhere from $10-$20 per year. So $125pp with no 24 or 25 points is really $145-$175pp.
You’re saying the contract value per point stripped? It was listed at $140/pt. so this would be about right.Stripped points are worth anywhere from $10-$20 per year. So $125pp with no 24 or 25 points is really $145-$175pp.
Just a guess. I know rental rates have dropped due to amount of points for rent via brokers, Facebook, etc. still IMO rates are anywhere from $18-25 depending on resort and time of year, with VGC as an outlier getting up to $30/pt. Is the demand for Poly going to approach $30/pt?I’m going to go out on a limb and say that “hot new tower points” for Poly in 24/25 are worth at least $15/yr (net of dues)— you might be able to rent them for less than $25/pt at the 11m mark, but I wouldn’t count on it.
Curious then was is the test if not price? The seller is paying all dues. The price IMO does account for the lack of points available. What Disney sees as value maybe something different. On what criteria then would Disney take this contract? Or not?Your contract being ROFR has very little to do with the price and more to it being stripped until 2026. The price isn’t testing anything.
I’m saying that the $125pp that you referenced is equivalent to a non double stripped contract at $145-$175pp depending on how much someone discounts stripped points.You’re saying the contract value per point stripped? It was listed at $140/pt. so this would be about right.
I am still not really getting this statement. I’ll come back an re-read after another cup of coffee.I’m saying that the $125pp that you referenced is equivalent to a non double stripped contract at $145-$175pp depending on how much someone discounts stripped points.
This gives me hope. My use year and almost identical contractssrender517---$148-$16235-100-PVB-Dec-0/23, 100/24, 100/25- sent 4/5 passed 4/26
It’s more about what a buyer (including Disney) would say is a comparable deal relative to your deal…. It’s not just about the ppp.I am still not really getting this statement. I’ll come back an re-read after another cup of coffee.
Can you explain in more simpler terms? What is a non double stripped contract? One that has points in ‘24 and ‘25, correct?
Ok, so if the contract only had partial ‘25 pts, no ‘24, you would value that at say $145/pt. for selling purposes? Fully loaded at $175/pt for this 120/pt contract?
Correct. But in this case you can’t separate the price as it is very low offer despite a stripped contract. It is still factored in in the averages of resale pricing. Do they want any contract to sell at $125/pt? Has there been any Poly resale passed at $125/pt regardless of available points? I am not seeing any. As such, this will test the floor of resale pricing for Poly.It’s more about what a buyer (including Disney) would say is a comparable deal relative to your deal…. It’s not just about the ppp.
It’s not very low despite being stripped….. it’s actually higher than other contracts when you adjust for the lack of points in 24/25.Correct. But in this case you can’t separate the price as it is very low offer despite a stripped contract. It is still factored in in the averages of resale pricing. Do they want any contract to sell at $125/pt? Has there been any Poly resale passed at $125/pt regardless of available points? I am not seeing any. As such, this will test the floor of resale pricing for Poly.