Resale Offer Question ~ Counter Offer Question

[NJ Devils Fan]

I’ve made in offer on a resale contract, if the seller makes a counteroffer is it reasonable to go back with another offer and attempt to negotiate? Or is the counteroffer the end of the conversation? I’m wondering how often there is back and forth a couple of times or is it one and done with the first offer. Curious if there is room to try and reach middle ground.

 

[vdangelo239]

100% can counter back.

 

[VGCgroupie]

Yes you can counter back. Although anytime I have countered back seller has always declined without further counter.

 

[davidhr]

I’ve made in offer on a resale contract, if the seller makes a counteroffer is it reasonable to go back with another offer and attempt to negotiate? Or is the counteroffer the end of the conversation? I’m wondering how often there is back and forth a couple of times or is it one and done with the first offer. Curious if there is room to try and reach middle ground.

My last contract I lowballed it. The seller came back with a reasonable counter offer. I, being greedy, countered back anyways. Seller accepted. Win-Win.

Contract was listed at $105 or something like that for SAR. Loaded. Offered $80. Seller counter offer was like $90 or $93, can’t remember exactly. I offered $85, which was quickly accepted.

 

[MSUsnee]

I’ve made in offer on a resale contract, if the seller makes a counteroffer is it reasonable to go back with another offer and attempt to negotiate? Or is the counteroffer the end of the conversation? I’m wondering how often there is back and forth a couple of times or is it one and done with the first offer. Curious if there is room to try and reach middle ground.

You definitely can, whether you should is entirely up to you.

For us, we watched things for a while here in the ROFR thread and on the dvcrofr.com website to get an idea for where prices were for the resort we were looking at. The first contract we offered on didn’t go anywhere, we offered what we thought was a fair price about $20 PP below listing (it was overpriced) and the broker responded that there was an offer higher than ours. The second contract we made the same offer we did on the first contract which ended up being $10 PP below listing, they countered with $5 below listing, and then we responded that we were sticking with the original offer. They accepted the next morning.


Even though this is our first contract we weren’t in any rush and would have been completely ok if they declined.

 

[Chili327]

You definitely can, whether you should is entirely up to you.

This! You can go back and forth many times including dues, fees, price per point, etc.

You should, only if you want to pay more, or are willing to pay more. Otherwise don’t waste yours and their time.

 

[disneylandtour]

You can always counter their counter. I'd say you have one shot to make this work, at best. I doubt many sellers are going down the rabbit hold for multiple counters beyond this. I usually say: "Would the seller meet me in the middle at X?" in which X would be halfway between my initial offer and the seller's counter. I've had some of these declined (at which point I usually walk away), and I've had some of these accepted.

 

[Chili327]

You can always counter their counter. I'd say you have one shot to make this work, at best. I doubt many sellers are going down the rabbit hold for multiple counters beyond this. I usually say: "Would the seller meet me in the middle at X?" in which X would be halfway between my initial offer and the seller's counter. I've had some of these declined (at which point I usually walk away), and I've had some of these accepted.

But only if you want to pay whatever that middle is, otherwise both just move on and grab a different one. I don't think there are many contracts that are so special you just need to work out a fair price on it, there are many contracts that fit the bill, & you just pay up to what you're willing to pay.

 

[MICKIMINI]

It depends on how much you want the contract. If you are talking about $10 a point on a 100 point contract that is PERFECT, do you want to risk it? Some people just want to always get the cheapest price. If this is you (it is a lot of DVC buyers!) and this is exactly what you want, UY, etc except for the extra $$...what is it worth to you over the next 20 years? In this example, it would be $50 a year over 20 years. Don't blow it if this is really what you want!

Good luck!