WKV Developer Price for 2024/2025

[jksung5295]

WKV Dev Price

docs.google.com

Because I was kind of curious, i decided to look up the information to see what they are selling the WKV for... for the last 2 years.

Couple observations

• there are lots of people buying Silver weeks from the developer (some of them 2 weeks (EOY) at the same time)
• There are couple Platinum weeks that sold for really really low price, would love to know what happened there
• Most people seems to be putting the purchase into a trust
• the developers are willing to sell at ANY price point (just offer people worse season or ever other week instead of annual)

Still haven't done any analysis on the pricing itself, so i will spend some time there later.

Hopefully, this doesn't break any rules given these are public information, if not, please feel free to delete.

 

[iftravel]

WKV Dev Price

docs.google.com

Because I was kind of curious, i decided to look up the information to see what they are selling the WKV for... for the last 2 years.

Couple observations

• there are lots of people buying Silver weeks from the developer (some of them 2 weeks (EOY) at the same time)
• There are couple Platinum weeks that sold for really really low price, would love to know what happened there
• Most people seems to be putting the purchase into a trust
• the developers are willing to sell at ANY price point (just offer people worse season or ever other week instead of annual)

Still haven't done any analysis on the pricing itself, so i will spend some time there later.

Hopefully, this doesn't break any rules given these are public information, if not, please feel free to delete.

Interesting and you got this from public records? Could these be resale records and not retail records. The price for Platinum, although very low, makes sense for resales.

 

[jksung5295]

The search was conducted based on deed with the developer as either grantor or grantees. But it is easy to tell which documents were sale and which were not.

I had to double check the weird platinum prices and they were definitely correct.

 

[WorldT]

It seems the lowest are Plat. Why would that be the case?

 

[jksung5295]

That is what i'm wondering as well, given that these odd prices only appear for Platinum Annual units at the exactly the same price i do think those are special case sales from the developer. I can confirm that they are definitely different sales as my data also has unit number and recording data that i didn't copy over to the public document and they are different so those are each unique sales.

It's hard to imagine some people dropping almost $100,000 for a timeshare. And paying almost $10,000 for EOY Silver week. Can't imagine how much they would need to pay in MF over the years. I'm sure each has their own reason but my brain can't comprehend it.

 

[dioxide45]

Were those cheap Platinum+ transfers to the developer or a sale from Vistana? What were the instrument numbers of those deeds?

I know when we've done presentations, they've pitched low season weeks as an option to requalify. These were mostly silver or gold weeks. I suspect most were reacquired weeks that they get back through foreclosure due to non payment of a loan or maintenance fees. They always have some small amount of weeks based inventory.

 

[jksung5295]

Were those cheap Platinum+ transfers to the developer or a sale from Vistana? What were the instrument numbers of those deeds?

I know when we've done presentations, they've pitched low season weeks as an option to requalify. These were mostly silver or gold weeks. I suspect most were reacquired weeks that they get back through foreclosure due to non payment of a loan or maintenance fees. They always have some small amount of weeks based inventory.

OMG! Double checked the deeds and you are definitely right. those deeds were being RETURNED to VSE! This makes much more sense thank you!! mystery solved!

Let me remove those data points from the list.

So in short the following are being developers are paying to accept those weeks back to VSE
Plat 2BR $4500
Plat 1BR+ $2800

 

[dioxide45]

OMG! Double checked the deeds and you are definitely right. those deeds were being RETURNED to VSE! This makes much more sense thank you!! mystery solved!

Let me remove those data points from the list.

So in short the following are being developers are paying to accept those weeks back to VSE
Plat 2BR $4500
Plat 1BR+ $2800

At least they are paying something for the deeds, most people do free deed backs. Sucks that Vistana isn't at least paying the going market rate. These owners could have, at least, doubled their money if they had just done a DIY listing on TUG Marketplace.

 

[jksung5295]

but it looks like those are the only ones being paid and all of those happened in 2024. Not seeing anything in 2025 at this time.

I was manually looking through 400+ deeds so it was definitely an oversight on my part

 

[Ken555]

This is great info. Thanks for taking the time to put it together!

 

[tomandrobin]

Look at those prices.....wow. Kierland is the first Starwood Timeshare we bought., way back around 2003. First, Its hard to believe they are still selling units there. and second, those prices make my purchase a steal back then.

 

[okwiater]

Look at those prices.....wow. Kierland is the first Starwood Timeshare we bought., way back around 2003. First, Its hard to believe they are still selling units there. and second, those prices make my purchase a steal back then.

I mean, if you can pay $4500 for something and then turn around and sell it for $90K, why not?

 

[WBP]

Does MVC have the Right of First Refusal at Westin Kierland Villas?

I’ve forgotten, do StarOptions transfer on resale transactions, between the seller and buyer, on the secondary market?

Thank you.

 

[iftravel]

Does MVC have the Right of First Refusal at Westin Kierland Villas?

I’ve forgotten, do StarOptions transfer on resale transactions, between the seller and buyer, on the secondary market?

Thank you.

True could be Marriott exercising ROFR

 

[Ken555]

Does MVC have the Right of First Refusal at Westin Kierland Villas?

No.

I’ve forgotten, do StarOptions transfer on resale transactions, between the seller and buyer, on the secondary market?

Yes.

 

[WBP]

No.



Yes.

Thank You!