Andrew015
WL Guru
- Joined
- Jun 21, 2000
- Messages
- 1,421
After a few months of searching all of the major brokers' websites day after day, I had finally found a listing that worked perfectly for me and felt that the asking price was reasonable. VWL, August use year, 150 points (all 2011 and 2012 available), $60/point. I called and placed an offer @ $50/point, knowing that I would have some room to negotiate up if need be (fully expecting a counter, but not really wanting to go too much higher). To my dismay, the broker informed me that the listing had just gone "pending" a few hours prior to my call 
I'm pretty sure she could hear the disappointment in my voice, and encouraged me to try the same offer on another VWL listing, same # of points, same use year, but only a few 2011 points were remaining. The asking price was $68/point. With a $18/point differential, I didn't think that my $50/point would go over very well, but it never hurts to make an offer, right? So I advised my broker to proceed with the offer Wednesday evening. I informed her that I was leaving on business the following morning, and may be hard to reach, but would respond back as soon as I had a free moment. To my surprise, she called me back a half hour later to inform me that my offer had been accepted
Now if I wasn't as price conceous, I could have snagged a listing a few months back if I was willing to pay "asking price". However, I've used the tools at my disposal (this forum, the ROFR thread, etc.), and determined that $50/point was my magic # for VWL (this is the lowest $/point that I see passing ROFR per Donald's thread), but was OK coming up a few bucks if need be to get the right contract. Had this contract been "loaded", I would have been OK coming up to $54-55 per point. But seeing as how it doesn't have many 2011 points remaining, I wasn't going to budge from $50. With this approach, I knew I had to be patient. I made an offer at $50/point a few weeks back on a $60/point asking price, and the sellers countered at $75/pont
So it's been a journey 
I'm so excited, it's beyond words. I know I shouldn't be yet, as there's still a few hurdles to cross, but am hoping for the best. I just wanted to share my journey with you all, and thank everyone for their help in this process. I've learned so much from this forum about DVC, I think I'd have no problem selling it
Now it's time to read through the contract, get my deposit squared away, and start praying to the ROFR pixies
I'm pretty sure she could hear the disappointment in my voice, and encouraged me to try the same offer on another VWL listing, same # of points, same use year, but only a few 2011 points were remaining. The asking price was $68/point. With a $18/point differential, I didn't think that my $50/point would go over very well, but it never hurts to make an offer, right? So I advised my broker to proceed with the offer Wednesday evening. I informed her that I was leaving on business the following morning, and may be hard to reach, but would respond back as soon as I had a free moment. To my surprise, she called me back a half hour later to inform me that my offer had been accepted
Now if I wasn't as price conceous, I could have snagged a listing a few months back if I was willing to pay "asking price". However, I've used the tools at my disposal (this forum, the ROFR thread, etc.), and determined that $50/point was my magic # for VWL (this is the lowest $/point that I see passing ROFR per Donald's thread), but was OK coming up a few bucks if need be to get the right contract. Had this contract been "loaded", I would have been OK coming up to $54-55 per point. But seeing as how it doesn't have many 2011 points remaining, I wasn't going to budge from $50. With this approach, I knew I had to be patient. I made an offer at $50/point a few weeks back on a $60/point asking price, and the sellers countered at $75/pont
So it's been a journey I'm so excited, it's beyond words. I know I shouldn't be yet, as there's still a few hurdles to cross, but am hoping for the best. I just wanted to share my journey with you all, and thank everyone for their help in this process. I've learned so much from this forum about DVC, I think I'd have no problem selling it
Now it's time to read through the contract, get my deposit squared away, and start praying to the ROFR pixies
Bill
