What do you think about the Timeshare Store ?

[CliftonParkGMan]

I'm thinking of buying a contract through the Timeshare store. I'm wondering what othere have to say about them. Thanks Ron..

on The Timeshare Store

I bought 2 DVC contracts using them and they advised me very well and fairly. Never any pressure when I was asking questions and I was able to make an informed offer that resulted in no FROR and adding on in the same UY.

The Title Company they used; Magic Vacation Title was also very efficient in handling the closing process in a quick manner.

 

[ELMC]

on The Timeshare Store

I bought 2 DVC contracts using them and they advised me very well and fairly. Never any pressure when I was asking questions and I was able to make an informed offer that resulted in no FROR and adding on in the same UY.

The Title Company they used; Magic Vacation Title was also very efficient in handling the closing process in a quick manner.

I would be careful about structuring your offer based on the premise that if you pay more it will help avoid having ROFR exercised. While there is a substantial amount of evidence that points to ROFR being directly associated with price, there is no confirmed public knowledge about the ROFR process and what factors Disney considers when making a decision to exercise ROFR. If it makes you feel better to pay a little more so that you feel that your contract won't get taken, then that's cool, but just know that you are probably paying a little more than you had to.

That being said, I have had 2 out of 6 contracts taken by ROFR. That being said, 5 of the 6 fell under the threshold of what was considered to be a "safe" offer, which means that I sneaked three through.

 

[Meggysmum]

I don't think they are keen on people making reduced offers but we ended up with them as they had the perfect contract for us and didn't seem to have any reservations about International Buyers whereas some of the companies were not so keen.

In the end I was very pleased with the service, the whole thing went through superquick and from offer to points in my account was only 7 weeks.

 

[garryblueboy]

We made an offer below the asking and Jason was happy to put this forward and it was accepted as we are overseas buyer they made our sale very smooth and stress free cant say enough about them

 

[belias21]

I made an offer below the asking price and Jamie was very helpful. She helped guide me to a dollar amount that she felt was "ROFR-safe." Still in the waiting game right now.

FWIW though, she and the title company have been very responsive thus far.

 

[DisneyMama21]

Another plug for TSS! Had a great experience with them for our resale purchase and would definitely use again!

 

[goldenears]

I had a similar experience, so I used Fidelity instead. I have bought two through them and been very happy!

I had a similar experience too. The agents were very prompt at returning calls and emails, but I made multiple offers (always lower than what they were asking, but by no means "low ball" offers) and always had a less than pleased response on the other end. We too found the perfect contract at Fidelity and Rachel was always willing to present our offers without making me feel as though I was trying to "low ball" someone.

 

[gripp35]

I have only rented points from TTS, but have had very good experiences!

Good luck!

 

[GOOFY D]

I made an offer below the asking price and Jamie was very helpful. She helped guide me to a dollar amount that she felt was "ROFR-safe." Still in the waiting game right now.

FWIW though, she and the title company have been very responsive thus far.

I am always skeptical of advice of what offer is "ROFR safe." I get the feel that it is another way of trying to coax a higher offer from me (which leads to higher commission for the agent).

 

[belias21]

I am always skeptical of advice of what offer is "ROFR safe." I get the feel that it is another way of trying to coax a higher offer from me (which leads to higher commission for the agent).

100% agreed, that's why I did a ton of homework before speaking with them. Her numbers just helped to validate my assumptions. I'm also dealing with OKW which seems to be ripe for the ROFR-pickin' lately so I was seeking advice.

 

[Missyrose]

Having a broker tell me to pay a price that is "ROFR safe" would be a huge red flag for me. No one outside of Disney knows what parameters are set for ROFR. So the cynic in me believes that telling you a price that is "ROFR safe" is just a way to scare you into spending more money.
Pay what you think contracts are worth, and not a penny more just to get through ROFR.


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[MsTessP]

Last October, I spoke to Robert, I believe. at TTS and made an offer that was $8/pt less than the listing on a small (140 pt) contract at BWV . Although Robert politely informed me that he wasn't sure how low the sellers would go as they had just listed the day before, he was happy to present the offer. 20 minutes and one counter offer later, my offer of $6/pt less than the listing was accepted. Less than seven weeks later, I was making my first reservation.

I certainly will not hesitate to use TTS again in the future.

 

[ELMC]

I don't necessarily agree with making higher offers based on passing ROFR, but that's not to say that there might not be some validity to it. I just personally don't believe that there is. I don't think encouraging higher offers is an effort to try to get higher commissions, though. My take is that TTS as well as other brokers are transaction brokers. An easy way to close a deal is to get the buyer to come as close to asking price as possible. Nothing wrong with that. Heck, if I need to sell any of my contracts in the future, I would use TTS for that reason.

 

[Dean]

Having a broker tell me to pay a price that is "ROFR safe" would be a huge red flag for me. No one outside of Disney knows what parameters are set for ROFR. So the cynic in me believes that telling you a price that is "ROFR safe" is just a way to scare you into spending more money.
Pay what you think contracts are worth, and not a penny more just to get through ROFR.


Posted from DISboards.com App for Android

Those who see most of the resales and thus, ROFR actions, will have the best feel for what's happening in that arena. It ultimately comes down to honesty. Are they telling you the correct ROFR info, which would be enormously helpful, or are they trying to get you to commit to a higher price. I can't speak directly to that issue but given that most people have been happy with them, I suspect the former though it could vary a little from one agent to another over the years. As mentioned previously, I think it's often possible to get a better price elsewhere for various reasons, I know I did years ago, so everyone has to decide for themselves.

 

[belias21]

All good information on this thread. When it comes to making an offer (with any broker), the fact of the matter is that you've gotta do your homework. No matter what size contract you're looking at, this is undoubtedly a major investment. To go in to this blindly and let your broker set your offer is probably not the wisest idea. Do your research... there is more information than you can possibly absorb on these forums, particularly in the ROFR threads that track trends.

Like I mentioned in a previous post, it's good to have your broker validate your own research (like Dean said - they do this every day), but I wouldn't let them have the final say.

To the OP's question?? I think the opinion is close to unanimous on TTS.

 

[radmcg]

I just closed with the TTS. My first experience. I didn't make any offers. I had been looking for the exact contract I wanted and when I found it I just paid the price. That being said my experience with TTS and their Title company has been nothing but good. My deed was just filed yesterday so I'm still waiting on points but TTS handled their end beautifully.