Rejected Offers Thread

[HyperspaceMountainPilot]

Apologies! Busy with work. I'll try to get the site back up to date soon.

Certainly no need to apologize to me! Glad to hear you’re OK.

My addonitis has been in remission since October and I’m hoping to keep it that way…though I’m tempted by VGC resales I’ve seen below $250, and a couple of subsidized Aulani…

 

[LittleBitGoofy]

Remission you say? Haven't heard of it.

@Galactic, I'm still regularly enjoying your site. It's helping me avoid that unpleasant-sounding "remission" thing Hyperspace mentioned.

 

[softballmom3]

Well I decided to make an offer- here it is

OKW 30 pts June UY 2023-30, 2024-60, 2025-30. Offer $89 pp, buyer pays closing, buyer and seller split Fidelity fee. Seller countered with $92 pp and buyer paying Fidelity fee. Even though it's loaded, I passed.

 

[aceshigh73]

Well I decided to make an offer- here it is

OKW 30 pts June UY 2023-30, 2024-60, 2025-30. Offer $89 pp, buyer pays closing, buyer and seller split Fidelity fee. Seller countered with $92 pp and buyer paying Fidelity fee. Even though it's loaded, I passed.

And those 2023 pts look like banked 2022’s? If so, by the time you closed and pts loaded you’d have like 3 months to use them.

 

[softballmom3]

And those 2023 pts look like banked 2022’s? If so, by the time you closed and pts loaded you’d have like 3 months to use them.

Yep they were. I bet I would have even less time to use them when all was said and done. It's a different UY than I currently have too.

 

[AstroBlasters]

And those 2023 pts look like banked 2022’s? If so, by the time you closed and pts loaded you’d have like 3 months to use them.

You could always negotiate a transfer of the expiring points prior to ROFR for a larger escrow deposit as part of the deal.

 

[AwfulWaffle]

In the meantime, I would love any and all feedback you have for the site.

One feature I have always wanted from this site is an exclusion option. I think it’s great to select which brokers you want to include but for me personally I f find it more beneficial to exclude certain brokers from my results. Kind of a pain to select each one by one when I only want to exclude one or two. Maybe a checkbox options that enables a “do not include in results”. I may be the minority but that might be useful to us select few.

 

[Denamac]

One feature I have always wanted from this site is an exclusion option. I think it’s great to select which brokers you want to include but for me personally I f find it more beneficial to exclude certain brokers from my results. Kind of a pain to select each one by one when I only want to exclude one or two. Maybe a checkbox options that enables a “do not include in results”. I may be the minority but that might be useful to us select few.

YES! I was just thinking the exact same thing when on the site!!

 

[rferrar1]

One feature I have always wanted from this site is an exclusion option. I think it’s great to select which brokers you want to include but for me personally I f find it more beneficial to exclude certain brokers from my results. Kind of a pain to select each one by one when I only want to exclude one or two. Maybe a checkbox options that enables a “do not include in results”. I may be the minority but that might be useful to us select few.

Thank you for the excellent feedback!

I have a slightly roundabout temporary solution for you. You can save a filter using the "create alert" button and it will save your specific parameters. Just load up the "alert" whenever you want. I wonder if we should change the name of the feature so that it is clear that it is both a "saved search" and "create alert" feature. (But also, I agree with the "exclude" idea as well)

You can take it a step further of course and save your filter with specific use years, point spread, max price, dealscore, resort, etc.

 

[AwfulWaffle]

Yup I already do so not the end of the world. Been using the site for a long time and love that it’s multi browser compatible and still offers a good sleek mobile layout.

 

[davidhr]

A week ago I had no intention of buying resale, but out of curiosity started checking the recent prices and Saratoga started to look like a hard to pass opportunity for some SAP. I wanted a contract at $80, but could accept $85 for the right one. I finally got one accepted at $85 after some negotiations, but here are the unsuccessful offers:

SSR, davidhr, 160, offered $75, listed $95, 02/24
August 2023: 0
August 2024: 302
August 2025: 160
Never heard back. Was sold a few days later.

SSR, davidhr, 130, offered $75, listed $98, 02/24
August 2023: 0
August 2024: 104
August 2025: 130
Never heard back. Still available.

SSR, davidhr, 150, offered $80, listed $95, 02/24
September 2023: 0
September 2024: 300
September 2025: 150
Received a counter for $90 stating that was the minimum. Declined. Still available.

SSR, davidhr, 120, offered $80, listed $100, 02/24
August 2023: 0
August 2024: 120
August 2025: 120
Received a counter for $90. Sent a counter for $85, but never heard back. Contract sold that same day.

SSR, davidhr, 150, offered $80, listed $100, 02/24
August 2023: 300
August 2024: 150
August 2025: 150
Sent that minutes after being posted. Received a counter for $95. Declined and contract sold a few minutes later.

Seems $90 should be easily achievable these days. Lower than that is definitely possible with some patience. I know I could have found a seller that would have accepted $80, but the one I got for $85 was exactly what I wanted so I decided to go with it.

Lots of buyers seem to be paying asking price (or close to it), which is definitely too high.

 

[tom1944]

A week ago I had no intention of buying resale, but out of curiosity started checking the recent prices and Saratoga started to look like a hard to pass opportunity for some SAP. I wanted a contract at $80, but could accept $85 for the right one. I finally got one accepted at $85 after some negotiations, but here are the unsuccessful offers:

SSR, davidhr, 160, offered $75, listed $95, 02/24
August 2023: 0
August 2024: 302
August 2025: 160
Never heard back. Was sold a few days later.

SSR, davidhr, 130, offered $75, listed $98, 02/24
August 2023: 0
August 2024: 104
August 2025: 130
Never heard back. Still available.

SSR, davidhr, 150, offered $80, listed $95, 02/24
September 2023: 0
September 2024: 300
September 2025: 150
Received a counter for $90 stating that was the minimum. Declined. Still available.

SSR, davidhr, 120, offered $80, listed $100, 02/24
August 2023: 0
August 2024: 120
August 2025: 120
Received a counter for $90. Sent a counter for $85, but never heard back. Contract sold that same day.

SSR, davidhr, 150, offered $80, listed $100, 02/24
August 2023: 300
August 2024: 150
August 2025: 150
Sent that minutes after being posted. Received a counter for $95. Declined and contract sold a few minutes later.

Seems $90 should be easily achievable these days. Lower than that is definitely possible with some patience. I know I could have found a seller that would have accepted $80, but the one I got for $85 was exactly what I wanted so I decided to go with it.

Lots of buyers seem to be paying asking price (or close to it), which is definitely too high.

I am searching the same contracts but do not care if they have 23 or 24 points.

I have not submitted any offers yet but have been tracking the Orange County deeds.

Since January there have been 8 contracts recorded that were below $90 per point.

Sounds like most of those were not stripped.

 

[lorie13]

AUL, lorie13, FEB UY 160, $129 list, offered $92 Feb 24 Subsidized, no points until 2025
On the market for over 2 months, Seller came back came at $124

Offered because it was my UY. I declined sellers counter offer.
Decided to offer on a fully loaded subsidized contract for $120, 250 points and not my UY, but 2023 points forward. If you subtract the value of the 2023 points at $18 a point and $11 a point for 2024 (because of dues), the 250 point contract would be $91/point comparing to the stripped contract at $124 a point.

 

[ClaraOswald]

A week ago I had no intention of buying resale, but out of curiosity started checking the recent prices and Saratoga started to look like a hard to pass opportunity for some SAP. I wanted a contract at $80, but could accept $85 for the right one. I finally got one accepted at $85 after some negotiations, but here are the unsuccessful offers:

SSR, davidhr, 160, offered $75, listed $95, 02/24
August 2023: 0
August 2024: 302
August 2025: 160
Never heard back. Was sold a few days later.

SSR, davidhr, 130, offered $75, listed $98, 02/24
August 2023: 0
August 2024: 104
August 2025: 130
Never heard back. Still available.

SSR, davidhr, 150, offered $80, listed $95, 02/24
September 2023: 0
September 2024: 300
September 2025: 150
Received a counter for $90 stating that was the minimum. Declined. Still available.

SSR, davidhr, 120, offered $80, listed $100, 02/24
August 2023: 0
August 2024: 120
August 2025: 120
Received a counter for $90. Sent a counter for $85, but never heard back. Contract sold that same day.

SSR, davidhr, 150, offered $80, listed $100, 02/24
August 2023: 300
August 2024: 150
August 2025: 150
Sent that minutes after being posted. Received a counter for $95. Declined and contract sold a few minutes later.

Seems $90 should be easily achievable these days. Lower than that is definitely possible with some patience. I know I could have found a seller that would have accepted $80, but the one I got for $85 was exactly what I wanted so I decided to go with it.

Lots of buyers seem to be paying asking price (or close to it), which is definitely too high.

If it's allowed, can you post links to the places that didn't respond at all to your offers? I'm just curious.

 

[davidhr]

If it's allowed, can you post links to the places that didn't respond at all to your offers? I'm just curious.

Most of the offers were with https://www.fidelityrealestate.com/ which is also where I got my successful one. It’s very agent dependent.

The counter I never heard back was with https://www.dvcresalemarket.com/

 

[lilsonicfan]

A week ago I had no intention of buying resale, but out of curiosity started checking the recent prices and Saratoga started to look like a hard to pass opportunity for some SAP. I wanted a contract at $80, but could accept $85 for the right one. I finally got one accepted at $85 after some negotiations, but here are the unsuccessful offers:

SSR, davidhr, 160, offered $75, listed $95, 02/24
August 2023: 0
August 2024: 302
August 2025: 160
Never heard back. Was sold a few days later.

SSR, davidhr, 130, offered $75, listed $98, 02/24
August 2023: 0
August 2024: 104
August 2025: 130
Never heard back. Still available.

SSR, davidhr, 150, offered $80, listed $95, 02/24
September 2023: 0
September 2024: 300
September 2025: 150
Received a counter for $90 stating that was the minimum. Declined. Still available.

SSR, davidhr, 120, offered $80, listed $100, 02/24
August 2023: 0
August 2024: 120
August 2025: 120
Received a counter for $90. Sent a counter for $85, but never heard back. Contract sold that same day.

SSR, davidhr, 150, offered $80, listed $100, 02/24
August 2023: 300
August 2024: 150
August 2025: 150
Sent that minutes after being posted. Received a counter for $95. Declined and contract sold a few minutes later.

Seems $90 should be easily achievable these days. Lower than that is definitely possible with some patience. I know I could have found a seller that would have accepted $80, but the one I got for $85 was exactly what I wanted so I decided to go with it.

Lots of buyers seem to be paying asking price (or close to it), which is definitely too high.

That last one with double loaded points in the current UY would have been worth it at $95.
$80 x 150 pts = $12,000
$95 x 150 pts = $14,250 but rent out 150 points at $15 and you're back at the $80 per point level.

 

[AstroBlasters]

That last one with double loaded points in the current UY would have been worth it at $95.
$80 x 150 pts = $12,000
$95 x 150 pts = $14,250 but rent out 150 points at $15 and you're back at the $80 per point level.

That was my thought as well. Very focused on the price per point and not adjusting it for the banked points.

I get that as a buyer you are hoping it’s just a “bonus” but as a seller or their agent I would definitely not look at it that way.

 

[davidhr]

That last one with double loaded points in the current UY would have been worth it at $95.
$80 x 150 pts = $12,000
$95 x 150 pts = $14,250 but rent out 150 points at $15 and you're back at the $80 per point level.

True, but I’m not a fan of renting. And these calculations always omit taxes.

I got one at $85 with full 2023 points anyways.

 

[lilsonicfan]

True, but I’m not a fan of renting. And these calculations always omit taxes.

I got one at $85 with full 2023 points anyways.

No, fair, not everyone would want to. But arguably you can also rent for more than $15pp too which would offset the taxes. Just pointing out to anyone making offers that it does make a real difference whether a contract is stripped or not. My SSR contract was $80pp but was nearly double loaded so that brought down the price a lot. $85 is a very good price for 150ish points.

 

[davidhr]

No, fair, not everyone would want to. But arguably you can also rent for more than $15pp too which would offset the taxes. Just pointing out to anyone making offers that it does make a real difference whether a contract is stripped or not. My SSR contract was $80pp but was nearly double loaded so that brought down the price a lot. $85 is a very good price for 150ish points.

Totally agree with that. One of the reasons I tried to avoid those loaded contracts was that I know they'd like a premium for the extra points, which would have been a nice to have for me but not required. To be totally honest, I don't "need" more points, I just wanted them lol (if you know you know).

I also wanted a 120-130 point contract (got 130), but was willing to push to 160 for the right one.