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Old 10-07-2013, 08:13 AM   #16
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Join Date: Feb 2002
Posts: 22,844

I haven't been watching the resale market

How many 100 point BCV contracts come up - I take it you are looking for a "less than 150" point contract - those tend to be harder to find, go for a premium and move fast when listed.

If I had that BCV contract right now and I countered at $105 and you came back again with less, I'd tell the broker to drop contact. If you came back and say "oh, ok, $105" I'd say "nope, sorry, you had your chance, I'll take my chances I can find another buyer." Its quite possible that the seller is more interested in negotiating than I would be - its also quite possible that the broker has other offers in the hopper. If you've been watching the market, you will probably have a better idea than I do about the likelihood - how many 100 point BCV contracts are out there? How fast do they move? Have prices stablized or are they still going up ($100 this month or $105 next month - I'll wait for the $105 next month if I'm the seller - I can rent those points this year and see what the market is like next year, I'm not in that much of a rush).

Of course, if the difference between $100 and $105 is what makes the contract affordable to you, you should offer $100 and see what happens.
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