I really can no longer tell whether a rejected offer was due to an unreasonable seller or a buyer making aggressive offers that a more informed buyer would be smart to reject.
It's not even just about the dollars and cents. For example, some UYs are much less common than others at some resorts, and for buyers adding on, specific UYs have more value than others. Furthermore, just as some buyers want to explore the bottom of the market, some sellers might be wiling to wait for a while to explore the top. Maybe it's a "this would make me sell this, otherwise I will keep it" listing as opposed to "I need to sell this, what can I get?" listing.
This thread is no more useful in determining value than the ROFR thread, and for the same reason. It is a set of anecdotes collected by a self-selecting subset of the market that is explicitly trying to find the bottom of the range. The reported average sale prices by two of the larger brokers are consistently above what this community thinks "the market" is, and those are
averages. Some people are getting
more than the average for their contracts, because that's how averages work.
So, while we tend to disparage sellers who won't take our
obviously correct and more than fair offers, it's probably rational for many of them to wait and see what happens.
