ROFR Thread April to June 2020 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

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I thought the market may decrease but some of these prices are insane!!! I'm actually mad at myself that I bought 2 months ago. I thought I got a pretty good price on my Poly contract (100 points - $137 a point), but I'm seeing people in the $120's now, and that OKW $75 a point small contract is just crazy! Where are people finding these? I've looked on DVCStore, along with Fidelity and resale market, and I am not seeing any prices that good. Addonitis has struck and if I can find a great deal, my wife can be convinced lol.
 

I thought the market may decrease but some of these prices are insane!!! I'm actually mad at myself that I bought 2 months ago. I thought I got a pretty good price on my Poly contract (100 points - $137 a point), but I'm seeing people in the $120's now, and that OKW $75 a point small contract is just crazy! Where are people finding these? I've looked on DVCStore, along with Fidelity and resale market, and I am not seeing any prices that good. Addonitis has struck and if I can find a great deal, my wife can be convinced lol.
I would say just make an offer at a price that you think matches the market. (and that your wife agrees to, lol) There are a lot of competing contracts out there so if the first one isn't accepted, then you can try again with the next one. We have purchased 2 contracts this month and both were negotiated at close to $20/pp less than the asking price. Also, anticipate some pushback from the agent before you make the offer. We were told that we should only expect an offer to be accepted if it was no more than 5% off of asking price. We said we wanted to go ahead anyway with our offer (which was over 10% lower than asking) and it was accepted without a counter offer. Good luck!
 
I thought the market may decrease but some of these prices are insane!!! I'm actually mad at myself that I bought 2 months ago. I thought I got a pretty good price on my Poly contract (100 points - $137 a point), but I'm seeing people in the $120's now, and that OKW $75 a point small contract is just crazy! Where are people finding these? I've looked on DVCStore, along with Fidelity and resale market, and I am not seeing any prices that good. Addonitis has struck and if I can find a great deal, my wife can be convinced lol.
Clearly, the actual market (what contracts are actually selling for) is well below the listing prices. Remember, brokers have a vested interest in making the market seem higher than it really is.
 
Clearly, the actual market (what contracts are actually selling for) is well below the listing prices. Remember, brokers have a vested interest in making the market seem higher than it really is.
I wonder how much is reasonable to offer below asking though? Most offers I have made they only come down a couple dollars per point if at all
 
I wonder how much is reasonable to offer below asking though? Most offers I have made they only come down a couple dollars per point if at all
Just gotta find the right seller that is filling to come down to your price is all. Don't give up. Just have to be patient :)
 
We tried 2 different contracts on our recent Beach Club purchase. Both were 150 points and pretty similar. The first seller would not even counter with an offer because they took us as not a serious buyer. The second seller accepted the offer without a counter (we did offer a few dollars higher on that one). In this market with multiple contracts that are very similar the sellers are competing for buyers.
 
I wonder how much is reasonable to offer below asking though? Most offers I have made they only come down a couple dollars per point if at all
I wouldn’t offer more than 20% of the average March resale if you don’t have a need for points soon. The prices are just going to go down more. Just be patient and if someone doesn’t counter big deal, but mark down the contract info. See if the contract is still listed in two weeks and if it is go make an offer that is slightly less than you offered the first time. If the seller doesn’t counter then they aren’t motivated enough to sell for you to get any kind of deal.

In a week the real unemployment rate will be higher than at anytime during the Great Depression. The layoffs are now really hammering white collar workers and those workers won’t be called back as quickly as their service industry counterparts. Sellers are going to learn quickly it is no longer July 2019. Buyers are going to have all the power.
 
Thanks!

macman123---$139-$27800-200-BLT-Aug-0/18, 0/19, 400/20, 200/21- sent 4/27, passed - waiting
 
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