Need immediate advice

[ILoveMyDVC]

Must sell xxxx (removed) contract immediately due to extreme change in life circumstances. Who would you use for a contract that large?
Thank you

 

[AstroBlasters]

Must sell 520 pt. contract immediately due to extreme change in life circumstances. Who would you use for a contract that large?
Thank you

The board sponsor.

 

[Tatebeck]

Agree with https://www.dvcresalemarket.com

They tend to sell for the most, and if you are really in a time crunch they do offer the "instant sale" option where they will buy it from you instantly, but at a very low price.

 

[kanerf]

You could also rent the points out and perhaps make enough to pay your MFs for the year.

 

[DL1WDW2]

I used them a few years ago because I didn’t want to endure the negotiations .
Instant sale still requires ROFR and notarized signatures .
It is easier if you are the only contract owner.
They will give you an estimate online too .
I felt they were very fair and honest and easy to use.
Good luck

 

[byurick]

I used them a few years ago because I didn’t want to endure the negotiations .
Instant sale still requires ROFR and notarized signatures .
It is easier if you are the only contract owner.
They will give you an estimate online too .
I felt they were very fair and honest and easy to use.
Good luck

Keep in mind as the seller you pay both the closing costs and the commission too.

 

[MarkNC2Disney]

Keep in mind as the seller you pay both the closing costs and the commission too.

Someone over there should really reevaluate that… pay for the title company, estoppel, etc., but additional commissions on a digital tool is a bit rich. They’d get more volume too.

 

[airjay75]

Does instant sale with the site sponsor mean you actually get the money instantly or do you still have to wait for ROFR and closing? I don't know, but I'd ask them before going down that route.

Alternatively, I would think that if you list your contract close to the price the site sponsor will give you on an instant sale, the contract will move pretty fast even if it is large.

 

[airjay75]

Someone over there should really reevaluate that… pay for the title company, estoppel, etc., but additional commissions on a digital tool is a bit rich. They’d get more volume too.

I think the site sponsor would probably rather you list high so they can keep prices high and collect larger commissions. They don't care who pays the commission, but they do benefit if the contract sells for a higher price. And, if it takes a little longer to sell the contract, I think they'll take the larger commission over the instant sale.