buying resale-do you negotiate?

[coastiewifern]

Is this just like any other real estate venture where you make an offer on a contract? Seeing one I am quite interested in but have never bought resale DVC

 

[Deb & Bill]

You can always offer the seller less. Be prepared for them to counter your offer.

 

[bookwormde]

It is a buyers market, so if you do not mind shopping you can get some great bargains below asking price. I have allways had sellers accept my offers.

bookwormde

 

[krikiter]

You can counter, but keep in mind, you also have the risk of ROFR to contend with, and that, if nothing else should make you keep your offer fair.

 

[Brian Noble]

keep in mind, you also have the risk of ROFR to contend with, and that, if nothing else should make you keep your offer fair.

I would not personally worry about this right now unless I was buying at BCV, and even then I might try to test the waters some. Disney has essentially stopped exercising ROFR everywhere else, at least for the moment.

 

[DVC SSR Owner]

We offered more than $10 pp less plus seller paid closing on ssr about six months ago and it was accepted without any counter offers.

 

[deerislemaine]

We offered in the middle of the price range for SSR. Seller asked for a dollar higher, and we agreed. We wanted to close quickly, and that was worth more to us than getting the absolute bottom dollar. Now that we have a contract and we're not in a hurry, I'd be incline to bargain more if I was purchasing more points. However, the annual fees are the thing to really think about as they keep coming back every year.

 

[BUDDYBEAR]

the timeshare store did a great job for me on resale

 

[Sandisw]

I have both bought and sold contracts and in each case, there was negotiation for the sale.

In this market, I would say to go for it, providing that you are okay with the seller walking away if you can't come to a deal.

If it is the perfect contract, with exactly everything you want and it took a while to find it, then saving a few dollars may or may not worth it for you.

Good luck!

 

[Deb & Bill]

If you are going for a small point contract, I wouldn't recommend much negotiation. Those are usually fairly hot items and the buyer could tell you no thanks and just wait for someone to pay their asking price.

Larger point contracts usually have more room to negotiate. Plus a stripped contract (no current year points, no next year points) always have room for negotiation.

 

[Jason@dvcstore]

Is this just like any other real estate venture where you make an offer on a contract? Seeing one I am quite interested in but have never bought resale DVC

I can only speak for The Timeshare Store, Inc.® --Feel free to call us and you can make an offer and the associate will present the offer to the seller and they will either accept, counter or they may be firm at their price.

As mentioned small point listings typically sell at their asking price and the only resort that Disney is buying back is Beach Club Villas.

Best of luck to you in your search.

Jason

 

[silmarg]

It is a buyers market, so if you do not mind shopping you can get some great bargains below asking price. I have allways had sellers accept my offers.

bookwormde

ditto

 

[walkdmc]

I made an offer for BLT that was $2 lower per point than the owner was asking for. They declined my offer and I moved onto a much better deal. But the listing agent acted like it was standard to make an offer.

 

[tomandrobin]

All good advice here.

Depending on the resort, asking price and contract size will determine how much wiggle room you have in negotiating.

Our last resale offer, we offered $10pp less and it was accepted with no counter offer. That was a first for us.