[ 2008 ] SVO eBay Sales

[vacationtime1]

If you are searching for comparables for platinum Kierland units, I don't think closed eBay auctions provide useful information. There are few sales and many of the listings were by redweek4less, a seller with a less-than-sterling reputation (I am being polite here; I am not convinced that their "sales" actually close).

I would benchmark current prices for the 148100 2bd platinum Kierland at about $18,000 and the 81000 1bd platinum Kierland at $8,500. Some report buying for less, but I think they are outliers. (I realize that these numbers are internally inconsistent; if the two bedroom sells for $18K, the one bedroom should be selling for about $10K, but the market is what it is.)

btw--My deal described three posts up never closed; I ended up paying a bit more than that eighteen months later from a different seller.

 

[OKPACIFIC]

princeville resale

You would probably need a price of 12k for a Princeville annual 2br float to clear Starwood's right of first refusal. Also, we just bought an annual 2br Princeville fixed week 7/ fixed hammerhead unit view for 20.5k and it cleared the ROFR.

 

[blahblah18]

I would benchmark current prices for the 148100 2bd platinum Kierland at about $18,000 and the 81000 1bd platinum Kierland at $8,500. Some report buying for less, but I think they are outliers. (I realize that these numbers are internally inconsistent; if the two bedroom sells for $18K, the one bedroom should be selling for about $10K, but the market is what it is.)

If one was to buy a Premium 1BR and a standard 1BR in separate (resale) transactions . . . would the combined purchase effectively act as a 2BR Lockoff? For both 12 month home resort bookings, and for 8 month SVN exchanges?

If they're available in separate purchases, is there any downside or disadvantage to 'creating' a 2BR LO with 148100 SO in this way?

 

[okwiater]

WPORV was only sold as 2br lockoffs. You can't purchase a 1br.

 

[DeniseM]

WPORV was only sold as 2br lockoffs. You can't purchase a 1br.

At WPORV, a 2 bdm. is a one bdm. + studio - so the OP is describing WKV, or another resort.

 

[DeniseM]

If one was to buy a Premium 1BR and a standard 1BR in separate (resale) transactions . . . would the combined purchase effectively act as a 2BR Lockoff? For both 12 month home resort bookings, and for 8 month SVN exchanges?

If they're available in separate purchases, is there any downside or disadvantage to 'creating' a 2BR LO with 148100 SO in this way?

When you make a home resort reservation, you would have to make two separate reservations for the two one bedrooms, because they are on separate deeds. Starwood will not guarantee that you can attach two two separate reservations. The two reservations may even be in different buildings, and you won't know until check-in.

When you make a Staroption reservation, you can combine the 148,100 Staroptions to reserve a 2 bdm. on one confirmation, so they would definitely be attached.

 

[abdibile]

If one was to buy a Premium 1BR and a standard 1BR in separate (resale) transactions . . . would the combined purchase effectively act as a 2BR Lockoff? For both 12 month home resort bookings, and for 8 month SVN exchanges?

If they're available in separate purchases, is there any downside or disadvantage to 'creating' a 2BR LO with 148100 SO in this way?

Isn't the sum of the maintenance fees of the 2 seperate 1BR Units significantly higher than the 2BR lockoff maintenance fee?

This is the case at Sheraton Desert Oasis, not sure about WKV.

 

[okwiater]

Isn't the sum of the maintenance fees of the 2 seperate 1BR Units significantly higher than the 2BR lockoff maintenance fee?

This is the case at Sheraton Desert Oasis, not sure about WKV.

No, at WKV the MFs for the 2 bedroom are the same as for both 1 bedroom units.

 

[clotheshorse]

No, at WKV the MFs for the 2 bedroom are the same as for both 1 bedroom units.

I have a similar question that I have been researching. Full disclosure as I know many on the board advocate buying only the highest point value/platinum - but that may not work for everyone. With that said, for WKV, will a silver 2br pay more in MF than two I BR gold? Wondering if a 2BR silver is a good deal.

 

[okwiater]

I have a similar question that I have been researching. Full disclosure as I know many on the board advocate buying only the highest point value/platinum - but that may not work for everyone. With that said, for WKV, will a silver 2br pay more in MF than two I BR gold? Wondering if a 2BR silver is a good deal.

All WKV VOIs pay the same MFs regardless of "season." A 2br Platinum pays the same as a 2br Gold pays the same as a 2br Silver. The only distinction from an MF perspective is unit size: 2br Lockoff, 1br Premium, or 1br Deluxe.

 

[clotheshorse]

All WKV VOIs pay the same MFs regardless of "season." A 2br Platinum pays the same as a 2br Gold pays the same as a 2br Silver. The only distinction from an MF perspective is unit size: 2br Lockoff, 1br Premium, or 1br Deluxe.

Thank you, I was trying to figure out by what was posted in the SVO maintenance database in the sticky. You answered my question, I will pass on the 2bd silver as I don't need it (was after a few more SOs), not worth the high maintenance fee. Will keep looking and be patient.

 

[tschwa2]

Isn't the sum of the maintenance fees of the 2 seperate 1BR Units significantly higher than the 2BR lockoff maintenance fee?

This is the case at Sheraton Desert Oasis, not sure about WKV.

It depends how the original offering statement was written. This is the case for SDO and Harborside, and it may be the case for Hawaii. For WKV it is not the case nor is it at SBP. The two halves separately are the same as the whole.

 

[DeniseM]

Isn't the sum of the maintenance fees of the 2 seperate 1BR Units significantly higher than the 2BR lockoff maintenance fee?

This is the case at Sheraton Desert Oasis, not sure about WKV.

This is only true at SDO.

 

[blahblah18]

When you make a home resort reservation, you would have to make two separate reservations for the two one bedrooms, because they are on separate deeds. Starwood will not guarantee that you can attach two two separate reservations. The two reservations may even be in different buildings, and you won't know until check-in.

When you make a Staroption reservation, you can combine the 148,100 Staroptions to reserve a 2 bdm. on one confirmation, so they would definitely be attached.

Makes sense! (Thanks so much for the info, Denise.)

I assume it's possible to reserve using StarOptions at your home resort, within the 8 month window, to make reservations that differ from your deeded unit(s) (ie different than what an owner could reserve at 12 months)? I.e. If an owner had two 1BR deeds at their home resort, but wanted to combine the value of the two deeds in order to get a 2 BR L/O, that could be done at the 8 month window (assuming villas are still available, of course)?

(Awesome info and support here, by the way. TUG, thanks to everyone here, is a fantastic resource! We're in the middle of closing our first ever purchase -- a resale 1BR Premium at WKV. Can't wait to close so we can get our first reservation in and get this all figured out!)

 

[DeniseM]

Yes - you can make Staroptions reservations at your home resort from 0-8 mo. before check-in, for what ever is available at that point, but you will have no owner's priority for view, etc. Staroption reservations always have a "floating" view, assigned by the front desk at check-in.