ROFR Thread January to March 2025 *PLEASE SEE FIRST POST FOR INSTRUCTIONS & FORMATTING TOOL*

[grepes]

Has anyone ever had any success in trying to offer slightly less with the board sponsors "red hot deals"? I know they say only full offers will be accepted but I always feel like putting in a "I really think this is still too high and if the seller really wants to sell it quickly how about this" offer but assume they wouldn't even give it a second look.

I went really under on a red hot and got a couple buck off the red hot in a counter.

 

[RMDVC24]

Has anyone ever had any success in trying to offer slightly less with the board sponsors "red hot deals"? I know they say only full offers will be accepted but I always feel like putting in a "I really think this is still too high and if the seller really wants to sell it quickly how about this" offer but assume they wouldn't even give it a second look.

Not on a red hot deal but on a couple LBF listings. Wouldn’t even entertain my offers

 

[TheDailyMoo]

Not on a red hot deal but on a couple LBF listings. Wouldn’t even entertain my offers

No with her I would never. I barely want to make offers on non LBFs.

 

[pzw90]

No with her I would never. I barely want to make offers on non LBFs.

That’s a floor, not a ceiling. Bidding wars are encouraged

 

[Bear_1989]

Bear_1989---$145-$11790-75-PVB-Mar-0/24, 0/25, 75/26- sent 1/20, passed 2/12

 

[Girlstar30]

Bear_1989---$145-$11790-75-PVB-Mar-0/24, 0/25, 75/26- sent 1/20, passed 2/12

Congratulations!! ️

 

[SpaceshipEarth]

Has anyone ever had any success in trying to offer slightly less with the board sponsors "red hot deals"? I know they say only full offers will be accepted but I always feel like putting in a "I really think this is still too high and if the seller really wants to sell it quickly how about this" offer but assume they wouldn't even give it a second look.

I could be wrong, but I believe a real estate agent has an ethical obligation to share any offers they receive with their client. At least that is the case with attorneys engaged in settlement negotiations. Of course that doesn’t mean the seller has to give serious consideration to the offer.

 

[Jimmy Geppetto]

I could be wrong, but I believe a real estate agent has an ethical obligation to share any offers they receive with their client. At least that is the case with attorneys engaged in settlement negotiations. Of course that doesn’t mean the seller has to give serious consideration to the offer.

Not if they have instructions from their client to auto-decline offers below a pre-determined value.

 

[Brian Noble]

"Don't bother me with anything under $X" is part of the reason you hire a broker in the first place.

 

[Girlstar30]

When we buy akv next year I will test this out if there's something good and report back

 

[juliebee]

Not on a red hot deal but on a couple LBF listings. Wouldn’t even entertain my offers

LBF was stumping me for a bit, but I figured it out finally. LBF= low but firm.
I can understand why they wouldn't entertain offers if they are saying it's firm. Probably a situation where they have to pay off a loan.

 

[atthebeachclub]

LBF was stumping me for a bit, but I figured it out finally. LBF= low but firm.
I can understand why they wouldn't entertain offers if they are saying it's firm. Probably a situation where they have to pay off a loan.

A listing I recently sold was marked as full price offers only and I swear I said nothing of the sort. But I knew I’d priced it competitively so I probably wouldn’t have accepted lower, either.

 

[Girlstar30]

LBF was stumping me for a bit, but I figured it out finally. LBF= low but firm.
I can understand why they wouldn't entertain offers if they are saying it's firm. Probably a situation where they have to pay off a loan.

Thank you for posting what this means, sometimes I don't understand the acronyms and have to google, I definitely did that for PBV

 

[Knight0221]

Welp….Disney took my Animal Kingdom contract for the SECOND time! It was a really good contract but still I’m bummed. Guess Animal Kingdom isn’t for us. Seems like they will buy more and more back since they are doing a refurb and selling direct ( we went to a presentation last week and she told us on that it was on their new promotions. I didn’t ask her what the promotion was but I can if anyone is curious)

 

[vicarrieous]

Welp….Disney took my Animal Kingdom contract for the SECOND time! It was a really good contract but still I’m bummed. Guess Animal Kingdom isn’t for us. Seems like they will buy more and more back since they are doing a refurb and selling direct ( we went to a presentation last week and she told us on that it was on their new promotions. I didn’t ask her what the promotion was but I can if anyone is curious)

Bummer! Can I ask what your price per point was and when you sent it to ROFR? I hope 3rd times the charm?

 

[dvc_ocd]

dvc_ocd---$159-$17243-100-PVB-Sep-134/24, 102/25, 100/26- sent 1/17, passed 2/17

I'll post on the Closing Time thread too once we get to the end of the process.

 

[Knight0221]

Bummer! Can I ask what your price per point was and when you sent it to ROFR? I hope 3rd times the charm?

We submitted 1/22 and heard back 2/17
It was 24/220 25/440 26/220 Aug UY
I can see why they bought it back but still hurts lol

 

[goofytiggerfan]

We submitted 1/22 and heard back 2/17
It was 24/220 25/440 26/220 Aug UY
I can see why they bought it back but still hurts lol

I am sorry sending lots of pixie dust your way for a even better one coming your way.

 

[Girlstar30]

If they lowered the cost for direct to $160 I would consider. I think it came out to $190s... not going for it on a 2057 contract

 

[AstroBlasters]

If they lowered the cost for direct to $160 I would consider. I think it came out to $190s... not going for it on a 2057 contract

For some people it depends on how much they might save on an AP and dining/merch discount over the holding period of the contract.