Thoughts on Lowball Offer

[Michelle Sinnott]

Well I had already bought 110 points for a vac I was suppose to use in March and have half paid for my nov trip when all this corona hit. But I may have some money coming back from refunded plane tickets and I have a sandals trip that paid for I may cancel. This may be the year I have all the cash saved up from not taking vac

 

[My3kids1989]

Well I had already bought 110 points for a vac I was suppose to use in March and have half paid for my nov trip when all this corona hit. But I may have some money coming back from refunded plane tickets and I have a sandals trip that paid for I may cancel. This may be the year I have all the cash saved up from not taking vac

It was the cost of renting points that led me to buying my own contract.

I’m feeling in a similar boat, we got refund from a trip we were supposed leave for next week. Now that universal opened up I was considering going (my mom already bought her room and plane tickets) except I think I would rather use the cash towards another contract and reward us all in the fall, it’s a head and heart choice at this point. And I’m also pregnant so a June trip would basically be a lot more fun for everyone but me.

 

[MICKIMINI]

I’m considering making an offer on a contract with a diff UY than my other one but the 2019 points aren’t banked yet and will expire in a couple months. The broker said they will ask for an exception for them to be banked, is that even possible?


I just don’t feel like I could rent from someone if I was waiting to buy, it feels like I would be tossing money in to the wind. Like I have already done for 10 years. Ha we’ve had so much fun though so it’s totally worth

I wouldn't count on an exception. Those are throw away points which is too bad. The owner has to call DVC, not the broker. Good luck!

 

[My3kids1989]

I wouldn't count on an exception. Those are throw away points which is too bad. The owner has to call DVC, not the broker. Good luck!

I think I’ll make some offers on some others first, since it’s not the UY I want anyway

 

[Tiggeroo1964]

Just offered $83 on a SSR contract 250 points I’ll let you know how I get on

 

[lovethesun12]

to "The Waiting Room."

MICKIMINI and I will pull you up a chair. We are just biding our time and eating , lots and lots of cake....waiting for those prices to fall.

I'm here too =) If they don't, I'm out, lol.

 

[MICKIMINI]

I just placed a fair offer on a stripped contract AKL 160 for $77 plus closing. The equivalent for a loaded 2019 and 2020 points is $98 per point. It may look low, but the bottom line comes down to 13K either way (renting 320 points). Counter $103. Next.

Edit: $4160 MORE apples to apples not happening!

 

[Sophie Weaver]

I just placed a fair offer on a stripped contract AKL 160 for $77 plus closing. The equivalent for a loaded 2019 and 2020 points is $98 per point. It may look low, but the bottom line comes down to 13K either way (renting 320 points). Counter $103. Next.

Edit: $4160 MORE apples to apples not happening!

I’ve noticed a number of stripped AKL and SSR contacts for late use years that either have points coming in 2021 or no points until 2022 that are asking a solid premium of $115+ per point. Just silliness.

 

[pinkxray]

I just placed a fair offer on a stripped contract AKL 160 for $77 plus closing. The equivalent for a loaded 2019 and 2020 points is $98 per point. It may look low, but the bottom line comes down to 13K either way (renting 320 points). Counter $103. Next.

Edit: $4160 MORE apples to apples not happening!

I also put in an offer for AKL 160 but it still had a little over 100pt for 2020. I started at $90 but they only went down to $102. (Listed at $105.) I had to let it go since it wasn’t the exact use year I wanted but could have worked.
Glad to hear you walked away because I was kind of wondering if I should have just been happy with $102.

 

[WanderlustinFP]

What's a fair offer for a completely stripped contract for VGF with no points available until 2022?

 

[My3kids1989]

Is it worth even countering with the seller when the broker says the “best they’ll do is?” Or should I just let it go?

 

[becauseimnew]

Is it worth even countering with the seller when the broker says the “best they’ll do is?” Or should I just let it go?

I would say, thanks if they change their minds my offer is XXX.

 

[My3kids1989]

I would say, thanks if they change their minds my offer is XXX.

Thank you!

 

[ChipNdale8887]

Is it worth even countering with the seller when the broker says the “best they’ll do is?” Or should I just let it go?

it depends on the agent and broker your dealing with. I've had some fight for us and go back and forth a lot. Other times they don't really say anything and the convo is done. Which surprises me because don't they work off of commission?

 

[Tiggeroo1964]

SSR 250 @$99 2020 &2021 points available offered $83 pp wanted $96 pp re offered $88 pp standing firm on $96 so back to looking , I’m sure prices will come down

 

[Sandisw]

I’m considering making an offer on a contract with a diff UY than my other one but the 2019 points aren’t banked yet and will expire in a couple months. The broker said they will ask for an exception for them to be banked, is that even possible?


I just don’t feel like I could rent from someone if I was waiting to buy, it feels like I would be tossing money in to the wind. Like I have already done for 10 years. Ha we’ve had so much fun though so it’s totally worth

I am in the process of buying a contract and the 2019 points were not banked, so I made it contingent on my offer. I knew it would be close to banking deadline

Sellers did it once we agreed on price and the contract was written with them banked.

 

[Rob Huff]

Is it worth even countering with the seller when the broker says the “best they’ll do is?” Or should I just let it go?

I would always always always counter. It's fundamentally different for a seller to actually turn down your offer than it is to say that they'd reject a hypothetical offer at that price. All you need is one bluffing seller and you've got yourself a deal!

 

[Thegoatfeeder]

Not sure if it counts as 'lowballing', but we've been looking for a 100 point Poly contract and saw one earlier today, no points until December 2021, which is fine by us. It was listed at $148 per point and we have offered $138, this is potentially our first resale contract, and I am certain it won't be accepted and was a bit embarrassed at first, but after reading loads of this thread, I thought why not! Worst case scenario is rejection, we're in no rush.

 

[My3kids1989]

I would always always always counter. It's fundamentally different for a seller to actually turn down your offer than it is to say that they'd reject a hypothetical offer at that price. All you need is one bluffing seller and you've got yourself a deal!

Originally I offered 93 and after they countered with 105$ I said “I am willing to pay 97” if they change their mind on AKL the broker said he thinks they will keep it If it doesn’t get 105. So

 

[Rob Huff]

Originally I offered 93 and after they countered with 105$ I said “I am willing to pay 97” if they change their mind on AKL the broker said he thinks they will keep it If it doesn’t get 105. So

You might never hear from them again. If not, oh well. You're right where you are right now.

On the other hand, you might get an e-mail in a couple of days that says "how about $101?" at which point you know you've got a deal at $99.

Nobody who is offering to sell their contract wants to keep it.