Rejected Offers Thread

[GrumpyInPhilly]

I offered $90 on this… assuming it’s the same one (103 points for June 23 UY)… wouldn’t go below $100

Mine was for Feb UY w/ 47 2022 pts and all forward incl. 2023. I've just been low-balling SSR listings since I don't need a contract but will take one for the right price. (Probably what other DIS members are doing as well.)

 

[Bearval]

I just got a “ I am not sure they will accept that low of an offer” for a $122 per point offer for BLT 160. Got emailed this morning that it was accepted. Now just waiting on the paperwork.

Documents received now waiting for it to pass POFR

 

[kmorlock]

Documents received now waiting for it to pass POFR

That's a terrific buy!!! Congrats!

 

[kmorlock]

I have a question for those "in the know" about recent resale pricing... We have OKW(E) already and may want to add on for the umpteeth time. Per what is reported here on the ROFR thread, pricing seems all over the place. Does anyone have current experience with their OKW(E) offer being rejected/accepted?

 

[Sandisw]

I have a question for those "in the know" about recent resale pricing... We have OKW(E) already and may want to add on for the umpteeth time. Per what is reported here on the ROFR thread, pricing seems all over the place. Does anyone have current experience with their OKW(E) offer being rejected/accepted?

Since this is the rejected offers thread, and no one has yet reported tries, the ROFR thread will give you a better idea of what buyers are paying

Hopefully, though, we get some reports of what has not gotten accepted!

 

[Rex1993]

Rex1993 - VGF - 160 - $115 - $185 - 06/23

August UY stripped contract with first points available for 2024 UY. Broker was very nice but was instructed to not even present offers under $165. I let her know that I was closing on a direct contract at $159/pt so the list price didn't make any sense.

 

[kmorlock]

Since this is the rejected offers thread, and no one has yet reported tries, the ROFR thread will give you a better idea of what buyers are paying

Hopefully, though, we get some reports of what has not gotten accepted!

Thanks, I have been watching ROFR thread closely (it has been sooo helpful thru the years). It just seems like now, pricing is all over the board. I was hoping to get some feed back on declined offers and try to figure a fair spot between the two.

 

[DonnerB]

DonnerB - BWV - 100 April UY - $95 offered - $117 list

 

[crazycatlady]

Just got the call about my rejected BWV offer:

BWV 75 points, October Use Year, asking $140, offered $120, zero points in 2022 but 75 for 2023 and thereafter

They are only accepting full price.

 

[lorie13]

Rex1993 - VGF - 160 - $115 - $185 - 06/23

August UY stripped contract with first points available for 2024 UY. Broker was very nice but was instructed to not even present offers under $165. I let her know that I was closing on a direct contract at $159/pt so the list price didn't make any sense

Rex1993 what is your breakdown of your direct purchase of VGF if I may ask. I asked our guide for an AUL breakdown and with all the current incentives, promotions and the Magical Beginnings I calculated it out at $158 per point including closing costs for 150 or 200 points. We already own VGF, but it is less dues per year than AUL, so might be worth checking out again. If it is against the rules to post that info, can you send me a PM. We have April VGF, so that would mean giving back our 2024 points for MB.​

 

[RuntheMouse]

Runthemouse - CCR - 100 Feb UY - $130 offer - $159 list

Thought I’d take a stab but unsurprisingly denied. Ended up buy8ng a direct RIV contract this morning instead

 

[Sandisw]

Updated!!!!

 

[Sandisw]

Rex1993 what is your breakdown of your direct purchase of VGF if I may ask. I asked our guide for an AUL breakdown and with all the current incentives, promotions and the Magical Beginnings I calculated it out at $158 per point including closing costs for 150 or 200 points. We already own VGF, but it is less dues per year than AUL, so might be worth checking out again. If it is against the rules to post that info, can you send me a PM. We have April VGF, so that would mean giving back our 2024 points for MB.​

Not to derail the thread, but you will be giving back your 2023 UY points for MB if you buy with an April UY today. The program requires first year of points.

 

[RnP]

Rex1993 - VGF - 160 - $115 - $185 - 06/23

August UY stripped contract with first points available for 2024 UY. Broker was very nice but was instructed to not even present offers under $165. I let her know that I was closing on a direct contract at $159/pt so the list price didn't make any sense.

I had the same experience with 2 brokers recently. I asked them to educate the sellers on the current retail market and the fact that there has to be enough of a spread between retail and resale. 1 broker could care less and didn’t do anything. The other actually went back to the seller to reset expectations and we got a deal done. Will post data once we get through ROFR.

 

[Rex1993]

Standard pricing on 150pt contracts with current incentives. I have an August UY so get to sell my 2022 points with MB. It also includes the 4% cashback from the credit card.

 

[RnP]

Standard pricing on 150pt contracts with current incentives. I have an August UY so get to sell my 2022 points with MB. It also includes the 4% cashback from the credit card.

What card are you using to get 4% cash back?

 

[lorie13]

Not to derail the thread, but you will be giving back your 2023 UY points for MB if you buy with an April UY today. The program requires first year of points.

Thanks, we were at the Disneyland Lounge two weeks ago and they said otherwise, but then sometimes the sales reps do not have the correct answer.

 

[PghSnowWhite]

Lots of discussion lately about pricing and how many times it’s taken someone to get a deal in place.

So, this thread will be for anyone who wants to share that info and added to the list, please post as follows:
disboards name - resort - # of points - Offer - List - Month/Year


I will keep a complied list here

AUL
Curiousporpoise- 200 points $85 Feb UY $100 list price, March 2023, 150 points $83 Feb UY, $100 list price, March 2023, 200 points $80 Feb UY, $100 list price, April 2023, 300 points, $80 Feb UY, $100 list price, April 2023

lorie13 - 160 pts $89, Listed $130, 200 pts, $80, Listed $100, 175 pts,$83, Listed $126, 200 pts, $80, Listed $105
150 pts, $83, Listed $115, 140 pts, April UY, $80, Listed $103.57, 160 pts, $80, Listed $108, 200 pts, $80, Listed $125 160 pts, $80, Listed $130. 205 pts, $80, Listed $115, 205 pts, $83, Listed $120, - May and June 2023

HH

VB

VGC

AKV
sab53085 - 120 points, Listed $120, Offered $95, 100 points, Listed $115, Offered $95, 120 points, Listed $125, Offered $95, 120 points, Listed $122, Offered $95, 50 points, Listed $139, Offered $109, 100 points, Listed $115, Offered $109 - June 2023

BRV
MsChristy12 - 175 pts, $85, Listed $110, 175 pts, $90, Listed $117, 170 pts, $82, Listed $108, 175 pts, $85, Listed $105
150 pts, $90, Listed $105 - April 2023

CCV
Runthemouse - 100 points - $130 offer - $159 listed - July 2023

BWV
DonnerB - 100 points - $95 offered - $117 list
crazycatlady - 75 points, $120 - listed $140, June 2023

BCV
buzzrelly -100 points, Listed $171, Offered $132.50, 150 points, Listed $168, Offered $125, 150 points, Listed $145, Offered $125, 200 points, Listed $140, Offered $130, April UY, 200 points, Listed $179, Offered $130, 210 points, Listed $169, Offered $118, 250 points, Listed $147, Offered $115, 270 points, Listed $153, Offered $115 - March, 2023

buffalobasingal - 150, $120, listed $150, 150, $120, listed $155, 150, $120, listed $163, 150, $128, listed $152 (April 2023), 150, $115, listed $149, 150, $125, listed $163, (June 2023)

RIV
sandisw335- 100 -$100- listed $160, 75-$110, listed $155 - March 2023
Superbri7-100-$129-listed $158- 6/2023


BLT
Tom1944-150 points at $137, March 2023, 160 Points at $137, March 2023…both listed around $160 to $165

PVB

VGF
Rex1993 - VGF - 160 - $115 - listed $185 - 06/23

OKW

SSR
mousehouse23-100 points, $80,- Posted at $111

GrumpyInPhilly - 155 - $70 - (April 2023). 160 - $70, 150 - $75, 200 - $70 , 160 - $70, 200 - $70, 200 - $70 (May, 2023) 160 - $75, 200 - $75 (June 2023) - listing prices unknown

BWV 150 points, listed $131, offered $117, June 2023 (seller countered at @ $126; I walked away)
BWV 150 points, listed $120, offered $114, June 2023 (next day... and this one was accepted immediately)

 

[Rex1993]

What card are you using to get 4% cash back?

Sorry, I should clarify it’s actually 3.5%. BofA Premium Rewards.

 

[DanCali]

Rex1993 - VGF - 160 - $115 - $185 - 06/23

August UY stripped contract with first points available for 2024 UY. Broker was very nice but was instructed to not even present offers under $165. I let her know that I was closing on a direct contract at $159/pt so the list price didn't make any sense.

I agree that the list prices for most VGF out there don't make any sense given where direct pricing is. But, to be frank, no seller should (currently) consider an offer of $115/point either, and I'll explain why below.

One of the tools I find quite useful to look at before making an offer is the "Instant Sale" tool in DVC Resale Market which is basically the price that broker will offer a seller to buy the contract from them (and presumably flip it for a reasonable profit). If a seller takes them up on the offer, the seller also pays closing costs which, for a 160 point contract, probably reduces their sale net sell price by another $5 or so.

The contract you describe prices at $127/point on that tool, so let's say $122/point after closing costs. And since the broker is expected to flip it, that's probably a very lowball offer to begin with... So why should this seller even entertain $115/point from an unknown buyer, who may not obtain financing, or back out of the deal after 1-9 days for some reason?


(source: https://www.dvcresalemarket.com/selling/instant-sale/)

I do find some potential flaws in that tool like it values an extra usage year (or stripped year) at about ±$6/point and the difference between Aulani subsidized and not subsidized is only $9/point which makes no sense gives the current $2.5 disparity in annual dues, which will grow over time (anyone looking for a subsidized contract is asked to pay $30-$40/point more). Nevertheless, whether it's a lowball number or a flawed number, it's probably a good place to start before making an offer since sellers have the option to actually sell at that price.

So, it's not surprising to me that at least the sellers with DVC Resale Market would decline many of the lowball offers in this thread since they are probably all aware of the option to sell to the broker at the price outputted by this tool, and many of the offers shown here are substantially lower.

That said, I guess persistence can pay off if the goal is to ultimately find a motivated/distressed/uninformed seller and snag a bargain basement deal, but it can also take a while... Some of you guys are a lot more persistent and patient than me!