We offered 5 more than asking but asked them to pay the closing costs. If they go for total price though, it brought their asking price down 4. I just think we got lucky they stopped ROFR on that resort.
As a buyer, I submitted an offer for a slightly lower than asking price on a contract. After the sellers accepted, I changed my mind and raised the offer up $5 / point to hopefully increase the odds of passing ROFR which the contract did.
I have not but I have heard of people doing it in today's climate if the price is below the threshold out there for ROFR and the buyer thinks its the perfect contract. But, in all the resale contracts I have bought and sold, it has always been below asking when we agreed.
I offered over the list price for a contract due to the current buy back prices on AKL contracts. I knew at the price the seller had it listed, it was more likely to get taken back at ROFR, so we offered slightly higher and passed! It was the perfect contract for us, and made sense after getting 4 previous contracts taken by ROFR. Just waiting on our membership number and points now!
I haven't, but if there was a contract that I really wanted and it was priced so low that the likelihood of it getting taken was high I would do it. Why give my perfect contract to Disney over a few dollars per point? We have offered asking on a couple of contracts, after we had two taken for just a few dollars less than what they were asking. We got them both - no regrets!!
I understand what you are saying and mostly agree. However, you aren’t only bidding against yourself in this situation. If the price is low enough that you are fairly sure Disney will take it then you are, in essence, bidding against Disney as well. In that case it may make sense to offer more than asking (if it is the perfect contract for you).
I understand what you are saying and mostly agree. However, you aren’t only bidding against yourself in this situation. If the price is low enough that you are fairly sure Disney will take it then you are, in essence, bidding against Disney as well. In that case it may make sense to offer more than asking (if it is the perfect contract for you).
Bidding against WDW is always a bad plan, they have much deeper pockets than I do. In addition, they pass on 145-dollar contracts and ROFR 150 in the same month so best to roll the dice and negotiate the best price.
I have offer a full price offer which I thought was reasonable and it was taken by the monster. This time around considering we just was the additional points to sleep around we offered a lower price than asking at a resort they 99.9% don’t buy back at. They countered and we accepted at still a very reasonable price.
I think it depends first on what you want to pay knowing with resale it’s very time consuming.