I recall it being disclosed at the time I was sent the Contract to sign. And even though I'd asked for Mason at my offer, I had to be Very pushy to get it corrected from Magic to Mason, and have the documents rewritten before signing them - caused a short delay, of course, but at that point it was more the principle of feeling bullied into using their Escrow that made me stand my ground.
Be VERY VERY careful who you give your email to - I would go so far as to say NEVER give any brokers or time share related sites your "real" email. I do not know who "sold" mine, but within a couple weeks of making offers, I now get pushy "sell your timeshare" junk mail multiple times a day now, from different email addresses and different subject lines so there is no practical way to block them. Rather ruins the happiness of getting a DVC contract, to then get "sell it now before your life is ruined" emails multiple times a day. One of the brokers (or one of their employees) is selling their email list. Give your "real" email only to Escrow and DVC. If I was doing it again, I'd get a temporary gmail address and use that
I *think* I gave my fake email to most of the newsletters I signed up for...but you have to give your real one with DVC membership when you make a formal bid. Plus Disney has my real one linked to DL, DCL, DVC, WDW, DLP, SDL, and TDL.... I want them to see how much I spend across all their resorts when I have an issue I need help with.
I had a similar experience with them. I watched a contract for a few weeks and finally saw their price drop and then checked the lowest accepted offer on the offer tool to see if that had also dropped. They had both dropped so I made an offer. The seller countered but they countered with the same listing price so I withdrew the offer. I didn’t expect them to take my offer, but I had anticipated a counter in the middle. They ended up selling the contract about 3 weeks later to someone else for slightly less than I was hoping to pay on the counter. I still like the offer tool though.FYI, in case anyone else was curious, I raised my bid enough to get past the "seller won't consider it" on DVC Sales, suddenly notified my bid was accepted, had a brief moment of bidders remorse (it was a pretty good price but on a stripped contract, making it perhaps average?), but figured I would be happy to have a bid accepted and move on with ROFR even if I paid 2-5% more than the best possible price...only to get a "Your offer is declined" email a few minutes later, not even a counter. Oh well, the hunt goes on.
Can you elaborate.? (just post the full link, I'll figure it out from there)
I had an even worse experience with that site. I put a bid on one of their listings that was also one of their "Daily Deals" (I believe it was $125 on a CCV with full 2023 points that was listed around $145 - $148). I got an email immediately that the offer was received and shortly after received a second email that it was accepted by the seller. Within 30 minutes, I received an apologetic VM from the broker that there was a mistake and the seller was confused and she had recently listed it and thought that she was listing the points for rent and was not interested in selling so the agreement was cancelled. Huge gut punch!FYI, in case anyone else was curious, I raised my bid enough to get past the "seller won't consider it" on DVC Sales, suddenly notified my bid was accepted, had a brief moment of bidders remorse (it was a pretty good price but on a stripped contract, making it perhaps average?), but figured I would be happy to have a bid accepted and move on with ROFR even if I paid 2-5% more than the best possible price...only to get a "Your offer is declined" email a few minutes later, not even a counter. Oh well, the hunt goes on.
That is a completely insane situation-- I really don't find the explanation plausible, but I am a skeptic by nature. As a lawyer, I probably would have leaned on them to make it right by coming up with a similar value-- but it's hard if you're looking for a particular use year, deal size, etc.
First, never miss a chance to celebrate
Second, does not matter who they use for Title - if you are paying for the closing costs (ie the Title and Escrow fee) you get to pick what you want. Best time to sort that out is with your offer - along with how much of a deposit you are willing to make, for example - or there will be a delay while you and Seller (and the Agent since they probably care more who you use than a Seller does) sort out details and rewrite contracts. If it matters - make it part of the upfront offer - then make Sure you check to see what you offered is what is printed in the Contract when it arrives. They are short contracts - no excuse for you not to ready Every line before you sign
Thanks, Sandi-- I have noted and will be sure to comply in the future.
Thank you-- I did request Mason today and I would be surprised if they had an objection to it, but we're getting a fair price (especially when you consider we're getting some banked points) at a resort without a ton of availability, so as long as they list someone reputable, I will probably defer. I did the math and realized even if we somehow submit to ROFR tomorrow, it's extremely unlikely that we could clear ROFR and close before the holiday season opens up for the 7month bookings. Oh well!First, never miss a chance to celebrate
Insane indeed! Trust me, I am skeptical as well and considered pushing the issue with the broker but decided it would be best to just move on to another contract. Though I wish I would have gotten the opportunity to download the contract before it was cancelled to see if a deed ever popped up on the OCC with that seller but I am probably better off anyway not to dwell on it.
Totally agree you have to move on—it’s just so shocking that a broker would do that. Your story has me sweating it out our waiting for our sellers to countersign on the contract we got today, BTW.
I too would like to rent all of my points for 145 dollars per point. Why do I even have a job? DVC out here basically printing money
