Congrats! I don’t know the VB pricing as well but sounds like a fantastic deal.
This is a great deal. I still think VB pricing is going to fall more. I’d be curious if Disney starts picking a bunch of it up in ROFR.
You don't really believe the Jimmy Geppetto boasting do you?All fair points, thank you for your perspective! I totally agree on several points, don't necessarily disagree with any honestly, just look at the same situation differently. I believe the margins are small, and your figures seem pretty on point (calculations are not my strength, so I am going to go with your numbers.
One thing that immediately stuck out is the volume of sales... with which I agree. I seriously doubt (although could be dead wrong) brokers are so inundated with offers that they don't have 60 seconds to do a basic job. That said, let's say they are. No time for breaks, no time to breathe, and working 50+ hours a week. Even so.. that does not separate one from doing their job. As a dual broker, you are to represent the seller and buyer, regardless if you make more or less on a sale.
An excellent example of who this process "should" work (imho) is @JimmyGeppetto who, arguably, has gotten the most unbelievable resales deals of all time (my hero). His offers are far below what I would feel comfortable offering (earlier this year anyway), and remember, I'm a waste of time, should be ignored, lowball offers, etc... Well, the broker, took his offer to the seller.. low & behold, they figured out a deal. The broker didn't judge the offer, they did their J-O-B, and represented the buyer. The seller didn't find it offensive, nor did Disney, as the passed it in ROFR. It is simply one example that one's opinion doesn't equate universally, and shouldn't be used in place of basic job duties and common courtesy.
Would every broker LOVE to have the buyer who buys listings at advertised price, no haggling with cash? Heck yeah!! Would a car dealer LOVE to have someone write a check for MSRP on their most expensive car? Absolutely!! Is the buyer who wants the lowest priced used car on the lot to be ignored? Each individuals answer to that question speaks for itself. I personally believe all customers should be treated with respect and common courtesy regardless of commission.
They can be tracked on OCC so it is easy enough to confirm… at least for WDW low point offers accepted and passing rofr.
Ha! I think if you truly make a job of it, and put out a constant stream of lowball offers, and keep doing it, and doing it, you’re going to find sellers who need to settle for immediate cash rather than a fair price. And you’ll be able to post some apparently great deals.
So weird to bring up this 11 month old thread just to dump on poor Jimmy.
We’re all just jealous!
Poor Jimmy? I think you mean rich Jimmy. Based on his DVC purchases, I can only assume he’s a shrewd investor.
DVC is definitely not an investment, in any way, shape or form.
100% agree, 1000% agree even. Didn’t meant to suggest he made a fortune arbitraging DVC (though I wouldn’t rule it out either)— my point was that people who are disciplined about not paying more than they have to tend to be wealthy not poor (obviously there are exceptions).
Makes sense to me!
I’ve considered that nobody would believe me if I posted it and I don’t want people looking me up, people on the interwebs can be crazy and it shows your address. This is why I stopped filling out the closing time thread as shown with all dates and info.Can't wait to hear whatever you are willing to share! Or your negotiating ways.I have a Jimmy Geppetto type deal in the works.
Edit to add re: the title of this post. This broker ghosted me several times.
Ditto.I have a Jimmy Geppetto type deal in the works.
Edit to add re: the title of this post. This broker ghosted me several times.
