Broker claiming info on DIS is incorrect

[Brian Noble]

I know this is the internet, and anyone can say anything, but why would anyone lie about this stuff?

One of the things I've learned in recovery is that people lie for all kinds of reasons, in situations that might not make sense to someone not involved directly because it's more about how they (want to) see themselves than anything having to do with anyone else. This happens even in situations that are easy to factually disprove.

For example, if I (want to) see myself as a shrewd negotiator, I can imagine shaving a little off the price I paid, or maybe padding the price I got just a little bit. I'm just rounding a little, or maybe I'm posting what I remember the price to be rather than go back and double check. After all, I'd certainly remember something like that, right? Hint: Nope! Our memories don't always work the way we think they do.

The really short version: People are complicated, especially in ways that they themselves don't understand. So, it's likely that (some) sellers, (some) buyers, and (some) brokers are all not quite honest some of the time.

 

[Rush]

I can think of about ten different reasons why a broker would make this claim, whether it’s true, we may never know, but I hope it isn’t. I have always posted accurate info, and would be willing to post a redacted screen shot on my purchase agreement if someone thought otherwise.

What I do know is, gamblers are always willing to tell you their great wins, but they are mum about their bad beats. There could be some of that here going on that skew the numbers. But then this site is only a fractional snap shot of total sales. DVC Resale Market has reported having sold 1992 contracts in 2021 thru June 30th, certainly nowhere near that number have been reported here. And that’s just one broker, albeit one of the largest.

In the past, the prices posted here seemed much more in line with the asking prices reflected on most all broker sites. Right now that’s not so much. One broker in particular has listings well above what’s reported here, while others seem a little more reasonable. So that does give me reason to pause about what’s causing those differences in prices. After bouncing around through a few brokers before reaching an agreement on a contract, in my experience, the broker listing high prices is the outlier from the rest. That isn’t universally true I suppose, but with the contracts we were shopping for, it was. So I still tend to side with the accuracy you can find here at the DIS. And while there is a feeling of accomplishment or pride in a good deal, I felt for us it’s what drove our negotiations not ever would that drive me to post false info to fill that desire to appear to “win”. I trust others are the same until definite proof otherwise.

 

[cruisehopeful]

I think at the end of the day, I just don't care what anyone says about anything. When I purchased recently, I knew exactly how much I was willing to pay and I didn't deviate from that. After the agreed upon price, the broker actually told me he made a mistake and it was $100 more to which I said NO. I did get it at the price I wanted, but according to what many strangers on the internet think, it was high at the time. I wasn't buying to please strangers on the internet or to make life nice or easy for my broker or the seller.

 

[Bearval]

Seller paid me $167.00 a point -$34878-200-PVB-Oct-0/19, 0/20, 0/21, 0/22-Seller pays MF ‘22- sent 7/7
I hope this does not get taken..................

 

[RoseGold]

I thought the ROFR board was creative sometimes, but it's all there in the public tax records. Maybe not all of them, but they're not all out of line.

 

[Paul Stupin]

I think at the end of the day, I just don't care what anyone says about anything. When I purchased recently, I knew exactly how much I was willing to pay and I didn't deviate from that. After the agreed upon price, the broker actually told me he made a mistake and it was $100 more to which I said NO. I did get it at the price I wanted, but according to what many strangers on the internet think, it was high at the time. I wasn't buying to please strangers on the internet or to make life nice or easy for my broker or the seller.

Excellent point! Many comments here about not trusting a broker, or advice to stay away from a slippery broker, etc. My problem is that I have a difficult to find UY, March, and I don’t have unlimited patience when it comes to looking for a contract. So when one comes up that I might want, which these days isn’t often, I don’t have the luxury to just walk away if the broker gets a bad review. But I don’t care either. I don't need someone to tell me how to negotiate or what to do. I have my own strategy and stick to it. And I’ve learned a lot from these boards. Maybe that’s another reason sales prices listed here tend to be lower…we’re savvier, more informed buyers.

I’ve bought many contracts, and I’ve never had a bad broker experience. Ever. The past sponsor of these boards, as well as the current one, are both sensational. And, for me, the brokers from the other sites we all know have always done a great job. Maybe I’ve been lucky!

 

[macman123]

I mean I wouldn’t be shocked if a few of the ROFR post were shall we say slightly exaggerated. The internet has this tendency to have everyone want to prove they got the best “deal”. So if I offered say $120pp, who would really know if I offered $110pp etc. But more to your point I think only the better “deals” get posted on the ROFR board so it can somewhat skew what the actual average price is.

Ive never lied on my ROFR offers Ive even admitted if it was a bum deal, but my UY

 

[Paul Stupin]

One of the things I've learned in recovery is that people lie for all kinds of reasons, in situations that might not make sense to someone not involved directly because it's more about how they (want to) see themselves than anything having to do with anyone else. This happens even in situations that are easy to factually disprove.

For example, if I (want to) see myself as a shrewd negotiator, I can imagine shaving a little off the price I paid, or maybe padding the price I got just a little bit. I'm just rounding a little, or maybe I'm posting what I remember the price to be rather than go back and double check. After all, I'd certainly remember something like that, right? Hint: Nope! Our memories don't always work the way we think they do.

The really short version: People are complicated, especially in ways that they themselves don't understand. So, it's likely that (some) sellers, (some) buyers, and (some) brokers are all not quite honest some of the time.

All good points as well, and an interesting, thoughtful perspective. Thanks!

 

[Rayspooh]

I had a broker tell me the same thing. Not to trust the prices on the boards, but I figured it was in their best financial interest to tell me that, so I took it with a grain of salt.

 

[Brian Noble]

I suspect it's also true that there is some self-selection going on in who posts to the ROFR threads. If I got a good deal as a buyer/price as a seller, I might be more likely to post it than if I paid more than maybe I had to or took a bit less to move something quickly.

 

[RichVIII]

I am sure if the prices were inflated to support the broker narrative, DIS would be a great resource. Brokers want to make the most for themselves and their clients with the least amount of work. Nothing wrong with that but that is the reality.

 

[Bearval]

I am sure if the prices were inflated to support the broker narrative, DIS would be a great resource. Brokers want to make the most for themselves and their clients with the least amount of work. Nothing wrong with that but that is the reality.

Brokers are real-estate agents they honestly dont care if a seller gets the best price possible , they hope to get an offer the owner will accept quickly, the faster they sell the more they make. in all reality there is not a huge different in 8% of 20K and 8% of 18K. Now if they are the owner selling they dig their feet in HARD and will not accept nothing less than what they feel is top dollar.

 

[emmymac17]

I'm sure there are some people on ROFR who lie for whatever reason (but probably not as many as your broker has indicated). It is also definitely a much smaller window into pricing - i.e., most people buying may not even KNOW about these boards, some people may not post if they think they didn't get a great deal. I've also noticed that some brokers have vastly different listing prices (in some cases $20pp or more differences in similar contracts across sites). Bottom line - broker makes more money if the contract sells higher and its less work for them if there is less 'haggling' (ideal state - you just pay list price and that's that). Don't let your broker pressure you into a price you feel is too high or out of your comfort range. If you've given a reasonable offer and they won't present that to the seller - probably best to move on to a different site/broker.

 

[gisele2]

I think you are more prone to talk about a good deal than a bad one , but like Rosegold said you can dig the Orange County site to know for sure if a price is a lie or not . That said I did get two excellent deals !

 

[kilik64]

Eh good deal, bad deal, its all relative in the end.

Main point really for ROFR thread is to see 1) how long its taking generally (havent looked last week or so but for about a month it was bang on ~21 days between submission to taken or passed) and 2) what prices they are taking contracts at. Other variables are there sure like uy, points, etc, but generally people wanna know what price a contract was taken out so they can spend the next 3-4 weeks sweating or not sweating what they paid lol

 

[sethschroeder]

Any thoughts on this?

They are full of it and there is actual information posted with the county to show it.

There are sites which record all the listings out there.

 

[we"reofftoneverland]

Sounds like the broker is gaslighting you. I would definitely dump that broker before you get manipulated into paying a higher price than market.

 

[natty650]

Sounds like the broker is gaslighting you. I would definitely dump that broker before you get manipulated into paying a higher price than market.

Oh, she didn't say it directly to me. She commented in a DVC Facebook group, so she was indirectly saying it to however many of the 100k members in the group that saw the post.

 

[AdamsMum]

The same was implied to me by a broker.

What would you have to gain by stating a different price? It's not like Disers are your spouse and you're trying to hide the price of a new pair of shoes. I don't understand why brokers would make that claim.

ETA: I've noticed that any small contract on the site of the Dis board sponsor says "only a full price offer will be accepted", so basically don't try to negotiate. I get that small contracts do go faster, I sold one myself that went in 3 hours but there are a couple for sale right now that I don't think are a good deal, no points, relatively high price...

 

[kmorlock]

The whole point of the data compilation is to gauge what the going rate is, what DVD seems to be snagging in ROFR, and what the current timeline is from offer to points in account. DIS posters get nothing out of lying. Why do it then? We paid a good chunk more for one contract because it had not hit the market yet, was small, same UY and an OKW 2057 which can be a difficult find in resale. Still was over $1200 cheaper than direct! I don’t need points soon so, I’m good waiting. How did I know true market pricing? I referred to the thread on each and every offer. I’m sure a few might exaggerate their buy or sell but, I think the thread and tool are fantastic as is.