BillyBuckner
Mouseketeer
- Joined
- Dec 20, 2008
How much wiggle room is there in resale prices? If someone is asking for $XX per point is it insulting to offer $XX-10?
BillyBuckner said:How much wiggle room is there in resale prices? If someone is asking for $XX per point is it insulting to offer $XX-10?
How much wiggle room is there in resale prices? If someone is asking for $XX per point is it insulting to offer $XX-10?
JimMIA said:It is possible to price your offer too low -- either because the seller is insulted or because they think you're not a serious prospect.
I think the advice above is sound -- price your offer where you think it should be. I wouldn't low-ball it way below what you would pay after researching.
When I was selling I had someone offer $7-8 less than we were asking. We had our contract priced right and that was an unreasonable offer. I told the broker not to counter-offer.
That same seller came back the next day $1 lower than we were asking (which was within my selling range), but I declined because I didn't think they were serious. I thought they were just "kicking tires" and I could see them jerking us around throughout the sales/closing process.
I sold the contract that same day for the same price they offered and the sale went through smoothly.
What I have noticed is that if a contract is offered for a very high price, way over the average value, it's because the seller owns money on it and he doesn't want to loose money. The same is true sometime if the contract is priced oddly, like 53.60$.
It's better to avoid those contracts, no room for negotiation.
How much wiggle room is there in resale prices? If someone is asking for $XX per point is it insulting to offer $XX-10?
Decide what you want and what you want to pay using the variables of number of points, home resort, points availability and completed sales prices. If you want to get the best deal possible, be more aggressive in offering a little lower and waiting for the right contract. If you want to be done with it, you might offer a little more and be less restrictive on the contract specifics. Remember that each point present or not present has a value as does UY to a degree and that the dues are calculated by calendar year, not UY. For example, if you bought now and got 2012 Dec UY points and paid all of the 2012 dues, you'd be overpaying on maint fees to the tune of 11/12 of the fees. I wouldn't be afraid of stripped contracts but the price discount often isn't enough to justify the loss. Usually a loaded contract (all banked, all current and all future points) is the best value. Don't assign much of any value dollar wise to banked or borrowed points.How much wiggle room is there in resale prices? If someone is asking for $XX per point is it insulting to offer $XX-10?
skelooch said:I had a similar experience to JimMIA.
I listed at $XX, buyer offered $XX-3, I offered to meet them in the middle $XX.5, they came back at $.5 less than my counter. I said thanks but no thanks. I figured if .50 cents was that critical they probably couldn't afford DVC in the first place. I sold the very next day to someone else for what the first buyer wanted to pay.