MADE AN OFFER..DOES THIS SEEM REASONABLE?

[3kidz4dis]

I made an offer on a small stacked contract (2022 points) at $10.00 pp less with seller paying closing costs. They countered at $4.00 per point less with buyer paying closing costs. My offer is close to ROFR territory. Are we in a market with seller paying for CC?

 

[sleepymouse]

I made an offer on a small stacked contract (2022 points) at $10.00 pp less with seller paying closing costs. They countered at $4.00 per point less with buyer paying closing costs. My offer is close to ROFR territory. Are we in a market with seller paying for CC?

I haven't noticed a lot of contracts on this board with seller paying closing costs. Look through the ROFR thread and see if people noted it in the resale contracts they are buying.

 

[Sandisw]

Everything is always negotiable and people choose to do things different ways. I think reasonable is whatever makes sense for you as a buyer and if you feel the contract is worth it.

 

[luvdisneyland]

I made an offer on a small stacked contract (2022 points) at $10.00 pp less with seller paying closing costs. They countered at $4.00 per point less with buyer paying closing costs. My offer is close to ROFR territory. Are we in a market with seller paying for CC?

No, especially on a small contract. If a buyer asked me to pay closing costs on my contract that would be a $12-$13 per point reduction. Small contracts still sell pretty fast ( as long as they are not overpriced). I wouldn't entertain an offer where I am asked to pay closing costs (in addition to the offer being $10 off my ask price).

 

[3kidz4dis]

I see another contract at $5.00 even lower than my first offer through a different seller except a different use year.

 

[Cfabar1]

I’ve always thought better to negotiate the price per point. That’ functions as “insurance for the seller” in ROFR…. If you say they will pay the closing costs, they have to pay them in ROFR… On the other hand, you say a lower PP cost, and Disney picks it up, they have to pay the PP cost, and seller doesn’t have to bring money to the closing.

 

[Cfabar1]

I see another contract at $5.00 even lower than my first offer through a different seller except a different use year.

So mention that to them in your counter…. And, chances are, in a few months if this one doesn’t work out, another one will.

Some sellers aren’t motivated, others are.

 

[3kidz4dis]

So mention that to them in your counter…. And, chances are, in a few months if this one doesn’t work out, another one will.

Some sellers aren’t motivated, others are.

I will!

 

[AstroBlasters]

I made an offer on a small stacked contract (2022 points) at $10.00 pp less with seller paying closing costs. They countered at $4.00 per point less with buyer paying closing costs. My offer is close to ROFR territory. Are we in a market with seller paying for CC?

There isn’t enough info here to answer the questions. We don’t know what resort you are bidding on and the ppp you offered.

 

[3kidz4dis]

There isn’t enough info here to answer the questions. We don’t know what resort you are bidding on and the ppp you offered.

It is Saratoga and I am offering 115.00 pp. Counter was 121.00 with buyer paying costs

 

[CarolMN]

Offer what you are willing to pay. There are lots of SSR contracts out there.

 

[3kidz4dis]

Offer what you are willing to pay. There are lots of SSR contracts out there.

There are not a ton of small contracts

 

[AstroBlasters]

There are not a ton of small contracts

The ROFR thread shows prices between $100 to $110, but you haven’t told us how many points are in the contract.

 

[MISCdisney21]

There are not a ton of small contracts

Also, think over it. If it’s a small contract and you’re off $5-10 a point. Do the math and consider are you willing to lose it over $250-$500.
Sometimes the haggle game becomes a game you want to win, but is is actually worth it to “win”?

 

[3kidz4dis]

The ROFR thread shows prices between $100 to $110, but you haven’t told us how many points are in the contract.

50

 

[3kidz4dis]

Also, think over it. If it’s a small contract and you’re off $5-10 a point. Do the math and consider are you willing to lose it over $250-$500.
Sometimes the haggle game becomes a game you want to win, but is is actually worth it to “win”?

Very true!! I really wanted to closing costs paid for by the seller but now the difference is minor

 

[sleepymouse]

Do you need a specific UY? If not, there is a 50-pointer that was just listed at $110pp. It is loaded.

 

[3kidz4dis]

Do you need a specific UY? If not, there is a 50-pointer that was just listed at $110pp. It is loaded.

Yes, unfortunately I was looking for the same use year as I have, otherwise I would take that one in a second

 

[Sandisw]

50

Only you can decide if the approx. $1000 extra is worth it for finding the right UY and right size contract. In the scheme of things, its not really that much.

But, you could also counter with $115 again but you paying closing?

 

[3kidz4dis]

Only you can decide if the approx. $1000 extra is worth it for finding the right UY and right size contract. In the scheme of things, its not really that much.

But, you could also counter with $115 again but you paying closing?

Trying to think through the negative on different use years? I think it may be a pain.. I have 150 as a December use year.(which is a very confusing use year imo).. and yes I did counter that way..