Wow now I see what people were talking about!

[CraigInPA]

A simple "The owner has not accepted your offer, and declines to make a counter offer." would have done the job in a professional manner.

But, this could be a situation where the broker themselves, or even the person you dealt with, owns the contract, and they felt insulted. I ran across that a few years ago, when a particular broker was buying up loaded contracts, stripping them of points to rent, and then listing them for $10-15 more per point than what they paid for them. That broker was downright nasty when I offered what I thought was a fair price (actually $5 more than they paid 3 months earlier) on a now stripped contract. My response to the nasty email that told me I was crazy thinking I was going to buy a contract at that price was "I see your business model is to insult your potential customers, so I'm going to decline doing business with you going forward." I ended up with a loaded contract, for less money, from another broker.

 

[LittleBitGoofy]

I got one of these e-mails once and I replied with a vow to get a contract at exactly the price they were admonishing me at.
To be fair they did reply back a bit unbelieving but admired my confidence.
It only took 2 days

I hope you forwarded that broker a copy of the contract when it happened! (Unless you're not petty like I am. Hah!)

 

[Chili327]

Yes I agree with this and I think it was a smart add by DVCRM to offer that.

What does that actually mean?
Is it actually low, or is it just a more polite way to say not taking offers.?

That may be the biggest issue, the button literally says make offer, and in the blurb it say face value offer only, but if it’s face value it’s not even an offer it’s a buy now. lol

 

[tom1944]

What does that actually mean?
Is it actually low, or is it just a more polite way to say not taking offers.?

That may be the biggest issue, the button literally says make offer, and in the blurb it say face value offer only, but if it’s face value it’s not even an offer it’s a buy now. lol

The few I have seen are towards the low price. Might not be the lowest but low enough that turning down an offer lower than ask is not unreasonable.

 

[CastAStone]

What does that actually mean?
Is it actually low, or is it just a more polite way to say not taking offers.?

That may be the biggest issue, the button literally says make offer, and in the blurb it say face value offer only, but if it’s face value it’s not even an offer it’s a buy now. lol

What I’ve seen is pricing comparable to the lower prices on Fidelity, with the caveat that it’s take it or leave it.


Even if it wasn’t priced well, I think that’s an absolutely fair way to sell something, 99% of the things we buy are priced as take it or leave it (including Direct DVC), but if you’re going to sell it that way be up front about it please (as they are here); as in the resale DVC world the expectation is negotiation.

 

[DanCali]

What does that actually mean?
Is it actually low, or is it just a more polite way to say not taking offers.?

That may be the biggest issue, the button literally says make offer, and in the blurb it say face value offer only, but if it’s face value it’s not even an offer it’s a buy now. lol

They won't consider your offers for those listings if they are below ask. The seller won't even get them.

I've tried it a couple of times (mostly by accident, because I didn't see the blurb) and I've gotten a response from the broker that they only take offers at full ask. So yes, you can submit it, but it won't get to the seller.

 

[HyperspaceMountainPilot]

So I made an offer for Poly (semi-stripped) just below $120 earlier this week (which I think most PVB owners would consider low ball!), noting that I knew it was on the low end but that it was slightly larger than I wanted and I didn’t really need more points but if the seller was motivated I would be comfortable buying immediately at that price. Got a polite email from broker saying he’d let buyer know, and today received the following:

“Thank you for your email and offer.I’m very sorry but the seller decided to decline your offer feeling you’re too far apart. Would you like to try another offer with this seller? We are here to help you.”

This is a block of text that any broker can copy and paste when their feelings are hurt in 10 seconds. Not only is it more civilized, but it made me go—ok, there’s probably some room for negotiation but nowhere near what I offered. If I wasn’t already 500+ points above where I started the year (and at least 200 above what my husband would prefer owning ) I’d probably be replying with an additional 10/pt.

 

[Genie+]

It’s a 2 way street. People stick their 50pt BLT up for sale @$201pp, leave it for seasons and even years. There’s all sorts of contracts like this waiting for the unicorn buyer.

I looked up current 100-200pt WDW contracts. Comparing price per point the range from low to high is +50%. The same exact resorts you’ll see it go from $3pp/yr to $4.50, or $3.50 to over $5. Pricing is all over the place.

So I made an offer for Poly (semi-stripped) just below $120 earlier this week (which I think most PVB owners would consider low ball!), noting that I knew it was on the low end but that it was slightly larger than I wanted and I didn’t really need more points but if the seller was motivated I would be comfortable buying immediately at that price. Got a polite email from broker saying he’d let buyer know, and today received the following:

“Thank you for your email and offer.I’m very sorry but the seller decided to decline your offer feeling you’re too far apart. Would you like to try another offer with this seller? We are here to help you.”

This is a block of text that any broker can copy and paste when their feelings are hurt in 10 seconds. Not only is it more civilized, but it made me go—ok, there’s probably some room for negotiation but nowhere near what I offered. If I wasn’t already 500+ points above where I started the year (and at least 200 above what my husband would prefer owning ) I’d probably be replying with an additional 10/pt.

Brokers can limit time wasted with efficient responses. Buyers can filter contracts and agencies.

What’s good for the goose is good for the gander. If in the first example (BLT $201pp) keeps getting ‘lowball’ offers, set an agreed bottom… don’t bother me unless over $185pp. Agent shoots canned responses to lower offers. If a buyer keeps spending their time submitting low offers and keeps getting generic canned responses with ‘too far apart’, ball is in their court to decide how much longer they want to keep at it.

 

[sethschroeder]

I feel sorry for them thinking what they are saying is true. I deal with sales people in the professional realm as well that are completely wrong as well with their comments at times.

I normally will correct them and if they choose to continue thinking no one is selling at $x and its a crazy offer then I move on.

 

[HyperspaceMountainPilot]

I feel sorry for them thinking what they are saying is true. I deal with sales people in the professional realm as well that are completely wrong as well with their comments at times.

I normally will correct them and if they choose to continue thinking no one is selling at $x and its a crazy offer then I move on.

I think the ones who are emotional and nasty (like the one that kicked off this thread) already have a sense of where the market is actually at, which is why they are berating the buyer instead of ignoring or politely educating them.

 

[Chili327]

The few I have seen are towards the low price. Might not be the lowest but low enough that turning down an offer lower than ask is not unreasonable.

What I’ve seen is pricing comparable to the lower prices on Fidelity, with the caveat that it’s take it or leave it.


Even if it wasn’t priced well, I think that’s an absolutely fair way to sell something, 99% of the things we buy are priced as take it or leave it (including Direct DVC), but if you’re going to sell it that way be up front about it please (as they are here); as in the resale DVC world the expectation is negotiation.

They won't consider your offers for those listings if they are below ask. The seller won't even get them.

I've tried it a couple of times (mostly by accident, because I didn't see the blurb) and I've gotten a response from the broker that they only take offers at full ask. So yes, you can submit it, but it won't get to the seller.

Gotcha, so its a little of both, it is a polite way of saying not taking offers, but also a note about it being relatively low (even if not the lowest)

 

[TheDailyMoo]

A little update, I received an email from this agent last night (though didn't see it until today) saying the seller declined my offer but is willing to go down to "x" price which was about halfway between ask and offer. So I guess maybe I wasn't being ridiculous and wasting everyone's time after all? Maybe instead of making that determination in the original email, just see if you can help your sellers in making a deal? I'm not going to lie. Normally I'd be very excited to see the seller coming closer to my price and I would definitely go up with my next offer and try to strike a deal (as this seems like there's potential to work out) but I refuse to deal with this broker that made me feel not so great about the process. Some would call it cutting off my nose to spite my face but eh...there will be other contracts. I can't in good faith work with this broker. And notice I don't want to give names of broker or company. Not looking to hurt anyone's business. And no it's not the one everyone thinks! Just not a great way to treat people that will be looking to give you money!

 

[crisi]

I hope you forwarded that broker a copy of the contract when it happened! (Unless you're not petty like I am. Hah!)

Why bother? The broker knew exactly what they were doing - buying cheap contracts, stripping them for rentals, having a price point for sale that wouldn't undercut the profit on their rentals. If the contract doesn't sell, they get to rent more points. A "nah nah nah nah nah nah" simply has them roll their eyes that you don't have a clue about their business model.

 

[crisi]

A little update, I received an email from this agent last night (though didn't see it until today) saying the seller declined my offer but is willing to go down to "x" price which was about halfway between ask and offer. So I guess maybe I wasn't being ridiculous and wasting everyone's time after all? Maybe instead of making that determination in the original email, just see if you can help your sellers in making a deal? I'm not going to lie. Normally I'd be very excited to see the seller coming closer to my price and I would definitely go up with my next offer and try to strike a deal (as this seems like there's potential to work out) but I refuse to deal with this broker that made me feel not so great about the process. Some would call it cutting off my nose to spite my face but eh...there will be other contracts. I can't in good faith work with this broker. And notice I don't want to give names of broker or company. Not looking to hurt anyone's business. And no it's not the one everyone thinks! Just not a great way to treat people that will be looking to give you money!

Exactly, there are other contracts. If you aren't in a rush, find one you are comfortable with.

 

[TheDailyMoo]

Why bother? The broker knew exactly what they were doing - buying cheap contracts, stripping them for rentals, having a price point for sale that wouldn't undercut the profit on their rentals. If the contract doesn't sell, they get to rent more points. A "nah nah nah nah nah nah" simply has them roll their eyes that you don't have a clue about their business model.

I too had a moment of weakness when I saw her email today and wanted to write back all snarky but what's the point. High road and all that jazz lol

 

[Genie+]

Gotcha, so its a little of both, it is a polite way of saying not taking offers, but also a note about it being relatively low (even if not the lowest)

And I think many people appreciate that style. Straight forward.

Not wasting time trying to decipher which contracts intend a little or alot of negotiation. Time and stress comes at a high value to some people. An extra few $pp can be worth getting it done quickly at a reasonable price.

If I saw a stripped no haggle 100pts Poly at $143 and my top was $140, maybe that extra $300 is worth it.

 

[tom1944]

No broker should be offended at any offer. Brokers list these contracts at such a wide price point having no significant correlation to the contract being loaded or stripped.

I have been tracking BLT contracts with a point total of 150-200 points. The contracts are priced from $128 to $178. The difference cannot be tied to a contract being loaded or stripped.

It is not unusual to see contracts priced $20-$40 per point different at each broker.

 

[we"reofftoneverland]

A little update, I received an email from this agent last night (though didn't see it until today) saying the seller declined my offer but is willing to go down to "x" price which was about halfway between ask and offer. So I guess maybe I wasn't being ridiculous and wasting everyone's time after all? Maybe instead of making that determination in the original email, just see if you can help your sellers in making a deal? I'm not going to lie. Normally I'd be very excited to see the seller coming closer to my price and I would definitely go up with my next offer and try to strike a deal (as this seems like there's potential to work out) but I refuse to deal with this broker that made me feel not so great about the process. Some would call it cutting off my nose to spite my face but eh...there will be other contracts. I can't in good faith work with this broker. And notice I don't want to give names of broker or company. Not looking to hurt anyone's business. And no it's not the one everyone thinks! Just not a great way to treat people that will be looking to give you money!

I know who it is and they are bullies. They also seem to lack boundaries. I asked them a question once and they jumped down my throat. No offer— I was just asking a question about a listing. It was seriously bizarre. Like a dysfunctional uncle at thanksgiving dinner. You know how you get this sinking feeling the person with whom you are speaking is mentally unstable? That’s the one.

 

[thelionqueen]

I've read several posts suggesting that a "low ball" offer is rude.. or that "x percent" off asking price is a waste of time and rude. I completely disagree. The buyer and seller determine what the value of the offer is, not historical prices or percentages. I am one who sent in multiple low ball offers over the last few months with absolute intent on following through if accepted. Now, with ROFR being dormant, that definitely affected my offers, and I have no doubt they raised an eyebrow by broker and owner; I don't care tbh.

99% of my offers were declined with no counter - fine by me.. the seller's prerogative to respond any way they choose.. but, also my prerogative to offer what I want regardless of what anyone else thinks.

Interesting outcomes.. I got a screamin' deal on my VB SAP's when my "low ball" offer was immediately accepted. Later on, when I was debating buying direct, made an offer on a OKW contract which was rejected, mentioning they had several full price offers - fine. I decided to buy direct. Less than 2 weeks later, broker who passive-aggressively suggested my offer was ridiculous, came back and said the original buyer fell through, and seller was willing to take my original "low ball" offer, no counter. Interesting in that... supposedly, the seller had "several" full price offers, yet I'm the one they came back to? I don't think so. They had one buyer who offered more than me (who knows how much more?) who fell through, and the seller thought it would be an instant buy (which it would have been had I not already bought direct) since it was a phenomenal price. Lesson here... offer what you want, let the broker do whatever they do, adjust your situation accordingly (in my instance, I refuse to even entertain listings from a certain broker) and move on. The reason there are unicorn deals on the ROFR thread is that there ARE deals to be had.. and you will not get them if you don't try.

 

[thelionqueen]

Eh, I disagree completely. There is no downside to a lowball offer from either side. A simple “no thank you” will suffice. On the other hand, lots of offers that 9 months ago would have been considered ludicrously lowball have been accepted and passed, so there is no reason not to make one.

Agree with this 1000000%! It's an offer, accept, reject, or counter.. pretty simple! No need to lecture me nor be offended, it's a business transaction, treat it as such. I couldn't care less what the average is of other sales, nor what the seller might consider offensive. My money, my choice, my offer.. nuff said imo.