Selling and Then Buying

[Jiminy Fan]

I'm considering selling some of our points at Xxxx. and using the proceeds to purchase at a resort with a longer contract expiration date. Can anyone please advise if you've done this and if so, did it work out as you hoped. Any other thoughts are welcome.

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[Ruttangel]

Great time to selllistings/ROFR/demand are high.
You just need to factor in all the sales commission/tax gain when working out how much you'll get to use on another purchase.

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[RoseGold]

I'd trade in my SSR for BLT now, if it weren't for the tax hit. The longer you've held xxxxthe more gain you are going to have.

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[Sandisw]

Yes. I did it a few times and don’t regret one bit. Sold BWV for RIV and extremely happy!

 

[Jiminy Fan]

Thank you for the replies. If anyone has any advice regarding how he or she handled the tax situation, it is welcome.

 

[Sandisw]

I have sold and bought a lot. I always sold first, went to ROFR and 10 days had passed. and then looked into purchasing my next one.

I did not wait until we closed. But we had the funds to cover if the initial buyer backed out.

Majority didn’t have a tax gain so can’t help there.

 

[WDWEPCOT]

I bought then sold so I did it backwards Haa haa
But I’m debating in buying another resort - just waiting to see how things go
If I purchase another it will be resale as I want just that resort and I already have a blue card and don’t want to pay Disney price for Bay Lake - I love it but not that much love Haa haa
Animal Kingdom I would - price is close enough
I thought about Rivera as it’s beautiful but I still love Bay Lake more but do love those gondolas Over the monorail any day !!

 

[Jiminy Fan]

Thanks again for your replies - can anyone advise me what the standard commission rate is on a resale?

 

[DaveNan]

Thanks again for your replies - can anyone advise me what the standard commission rate is on a resale?

I think it usually runs 6% to 10%, based on the company. There were some deals back in 2020 where they dropped a to as low as 4.0% or 4.5%.

 

[808blessing]

there is a hidden danger i've come to realize. offered to buy, intending to sell, not even passing ROFR and I am thinking maybe i can swing it not to sell and keep them alll.