NEW Rejected Offers Thread

[Sandisw]

Keep in mind they can post whatever they want to post.... Some brokers are known for shady tactics... There's a reason why you've never heard the phrase "someone as honest and trustworthy as a timeshare salesman"... and these guys are used timeshare salesmen!

I'm just saying, some postings are clearly never going to sell... either the sellers are delusional or the brokers are... doesn't matter... don't give up hope, I am sure you'll eventually find the perfect deal!

Gotta say I am not a fan of criticizing the sellers by calling them names.

Everyone has the right to ask what they want, brokers have the right to guide their clients anyway the want, and buyers get to offer whatever they want.

Let’s keep comments related to the prices as beeing outside the average, higher than normal, etc.

 

[disneylandtour]

Keep in mind they can post whatever they want to post.... Some brokers are known for shady tactics... There's a reason why you've never heard the phrase "someone as honest and trustworthy as a timeshare salesman"... and these guys are used timeshare salesmen!

I'm just saying, some postings are clearly never going to sell... either the sellers are delusional or the brokers are... doesn't matter... don't give up hope, I am sure you'll eventually find the perfect deal!

I would guess that brokers take on those contracts with ridiculous prices in the hope that after there's no offers in two months, the seller will figure out what's what and lower the price, which means that the broker now has a viable listing that might sell. There are of course many contracts that just sit there month after month, without change. But how long does it take for a broker to put up a listing, with boilerplate description and the same photo it always uses for resort X? Probably a good use of time if 50% of those eventually have lower prices and sell.

 

[Chili327]

Feeling pretty deflated atm. Prices of new listings for certain resorts are becoming stupid. Not sure if it brokers trying to push the market up. So put offers in and rejected as no high enough

Was hoping to have a contract all wrapped up for my August trip but looks like im not going to be able to get one before the 7 month window.

If I could turn back time in the words of Cher I should have been strategic and got a contract late spring.

Keep in mind they can post whatever they want to post.... Some brokers are known for shady tactics... There's a reason why you've never heard the phrase "someone as honest and trustworthy as a timeshare salesman"... and these guys are used timeshare salesmen!

I'm just saying, some postings are clearly never going to sell... either the sellers are delusional or the brokers are... doesn't matter... don't give up hope, I am sure you'll eventually find the perfect deal!

Yep give it some time, they will drop. Also check the rofr thread for actual prices and check the declined offers thread to see what’s being declined.

 

[ChipTheRescueRanger]

Yep give it some time, they will drop. Also check the rofr thread for actual prices and check the declined offers thread to see what’s being declined.

I have and roofer gives me hope. Think him more annoyed with myself than anything as wanted a contact wrapped up for the 7 month window. So should have made more offers during peak season. As been so bare in the use year and amount of points id like lately.

We live and learn

 

[Massachusetts]

I have a spreadsheet running on inventory using www.dvcforless.com numbers dating back to March. It seems like the number of contracts available has largely remained stable since August - AUL 80% and VGF 55% increased inventory as outliers. I also track new listings (just a snapshot as I only look once per day). The market has to be clearing at least 20 contracts (sold or pulled) per day based on my recent observations.

 

[Jimmy Geppetto]

I have a spreadsheet running on inventory using www.dvcforless.com numbers dating back to March. It seems like the number of contracts available has largely remained stable since August - AUL 80% and VGF 55% increased inventory as outliers. I also track new listings (just a snapshot as I only look once per day). The market has to be clearing at least 20 contracts (sold or pulled) per day based on my recent observations.

It would be interesting to see if the market share of listings across Brokers has changed with the aggregator sites gaining traction.

Are we seeing less listings (as a %) from the larger brokers and more moving to the ones who offer lower commissions and don't push one title company on buyers.

 

[Ginamarie]

Loving that this thread exists now!
If my OKW contract gets eaten by the ROFR monster, I'll be back to my lowballing antics again.

 

[ChipTheRescueRanger]

I put a mid offer in the broker coming back with

"keep in mind this has full 2024 points that you don't pay dues on.the only listings that you might get in the mid $x's/point will not have 2024 and most likely not have full 2025 points."

I know brokers will try and maximise what they get but that is completely untrue compared to what we have see on ROFR thread

 

[Kailunkat]

Resort: PVB
Contract Size: 67 pts
Asking: $187
Rejected Offer: $150

 

[mggopher]

Resort: SSR
Contract Size: 150
Asking: $95
Rejected Offer: $85

I would’ve went a little higher but got no counter - just “buyer wants $95”.

 

[Chili327]

Resort: SSR
Contract Size: 25
Asking: $105
Rejected Offer: $75 (was told sellers declined $90, countered at $100)

They'll get it eventually, since its so small.

 

[disneylandtour]

Resort: SSR
Contract Size: 25
Asking: $105
Rejected Offer: $75 (was told sellers declined $90, countered at $100)

They'll get it eventually, since its so small.

Geez, closing costs on that contract will add at least $20pp.

 

[Chili327]

Geez, closing costs on that contract will add at least $20pp.

Exactly.

 

[ChipTheRescueRanger]

Resort: SSR
Contract Size: 160
Asking: $115......
Rejected Offer: $90

Countered offer over $105...

 

[ChipTheRescueRanger]

Resort: SSR
Contract Size: 160
Asking: $117......
Rejected Offer: $90

Countered offer $112.........

 

[VGCgroupie]

Resort: SSR
Contract Size: 160
Asking: $117......
Rejected Offer: $90

Countered offer $112.........

These prices are crazy. 112 for a 160 SSR is nuts

 

[ChipTheRescueRanger]

These prices are crazy. 112 for a 160 SSR is nuts

Some of the SSR list prices at the moment are nuts. AKL is no far cheaper at headline price what's crazy

 

[disneylandtour]

These prices are crazy. 112 for a 160 SSR is nuts

Let me put it this way, the most recent BLT contract I bought was $115pp--better location, longer contract, etc. And that contract came with a few banked points.

 

[ChipTheRescueRanger]

Let me put it this way, the most recent BLT contract I bought was $115pp--better location, longer contract, etc. And that contract came with a few banked points.

$92 feels like my max for SSR and that’s with banked points.

Even that feels like over paying

 

[JackosinDIS]

$92 feels like my max for SSR and that’s with banked points.

Even that feels like over paying

I’d go up to $95 with banked 2023 points and no 2024 dues… but not a penny more!