• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 31st anniversary: Happy 31st Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $24,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $24 Million dollars
  • Sign up to get the TUG Newsletter for free!

    Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Hgvc rofr

Hi Presley I bought it from The Mid-West Transfer, LLC. Now I have to wait 2 to 3 more weeks appx due to an error. I just hope I can have this TS soon because I need to book anything/something this year since I am paying full 2016 maintenance. :shrug:
Who did you buy it from?
 
I've used Diane Nadeau @ Timesharebrokersales.com many times and haven't had any issues.

I have had issues with some of the other brokers listed (they'll routinely advertise units that have sold months ago, or list MF that are wrong/old/outdated and off by hundreds of dollars, etc.)

--Kevin
I used Diane as well....very easy to work with....signed the contract 12/18, closed and in the system by 2/3....and this was during the holiday season.
 
She said she called Hilton to let them know about the sale and they told her then that they will take it.
According to her Hilton just got a huge check for like 23 mil and are aggressively buying back units. That was the 9th over the last month they bought back

I tried something similar with Judi a year back or so. I found a 6.200 points 1BR at HGVC on the boulevard on her website. It was listed to 9k'ish at the time, and I offered 6-7k I think.

Judi later called me back, and told me that se had contacted HGVC to "see" if the sale would pass ROFR. According to Judi HGVC claimed that they were willing to buy it ASAP at full listing price.

So that one I lost, to the same suspicious way as you did.

I later found the same unit cheaper, so for me it was a win-win:D

Regards
 
ROFR

I tried something similar with Judi a year back or so. I found a 6.200 points 1BR at HGVC on the boulevard on her website. It was listed to 9k'ish at the time, and I offered 6-7k I think.

Judi later called me back, and told me that se had contacted HGVC to "see" if the sale would pass ROFR. According to Judi HGVC claimed that they were willing to buy it ASAP at full listing price.

So that one I lost, to the same suspicious way as you did.

I later found the same unit cheaper, so for me it was a win-win:D

Regards


If I told you I was calling Hilton that is exactly what I was doing. If Hilton said they were going to take the unit I save myself and the Buyer 21 to 30 days waiting for Hilton to take the unit. Nothing fishy. If I wrote the contract and Hilton exercised then I would go back to the Buyer to sell him something else. I am then paid on both transactions. A lot of Brokers do this. I try not to.
I do not work in the gray area of timeshare. I am a Realtor. I have never had an ethics violation in my 48 years in real estate. I am not planning to have one now. My listings are from real Sellers. They are not from discount brokers who have already collected fees from the sellers. They are not from the advertising companies who have already collected large fees from the Sellers. I have a very good relationship with Hilton and plan to keep it that way. If you ever have a question as to how I work please do not hesitate to contact me. I have been with RE/MAX for 30 years and do not plan to be moving anywhere. I can be contacted at 407-921-0000 or judi@judikoz.com
 
Fishy

Hmm.


1smellfish.gif

smells ^^^^^ to me too.

Rob,

Just to make sure you read my reply. I don't do FISHY

If I told you I was calling Hilton that is exactly what I was doing. If Hilton said they were going to take the unit I save myself and the Buyer 21 to 30 days waiting for Hilton to take the unit. Nothing fishy. If I wrote the contract and Hilton exercised then I would go back to the Buyer to sell him something else. I am then paid on both transactions. A lot of Brokers do this. I try not to.
I do not work in the gray area of timeshare. I am a Realtor. I have never had an ethics violation in my 48 years in real estate. I am not planning to have one now. My listings are from real Sellers. They are not from discount brokers who have already collected fees from the sellers. They are not from the advertising companies who have already collected large fees from the Sellers. I have a very good relationship with Hilton and plan to keep it that way. If you ever have a question as to how I work please do not hesitate to contact me. I have been with RE/MAX for 30 years and do not plan to be moving anywhere.
 
Prices

Please let us know what happens. It would be awesome to learn that prices have dropped that low. .

Sent from my SAMSUNG-SM-N910A using Tapatalk
Prices have not dropped that low. This was a Seller that panicked, called my
office and reduced the unit from $7,000 to $2,300. I was not told and the assistant reduced the price on the advertising without my knowledge. We received an offer on the unit and the buyer was told that it would be very difficult to get that offer waived by Hilton. To save the buyer from waiting 21 to 30 days for an answer from Hilton I called and asked if the unit would be picked up and Hilton said they would handle it with the Seller. Yes we could have waited for the actual estoppel with the notification to exercise but I made
the decision to call Hilton. End of story. BTW The Assistant was fired
 
ROFR

Not sure, but that $2,300 may just be Judi's fee. Sounds like the Seller just wanted out. In any event, if HGVC does not exercise ROFR all are happy.

I thought 2009-10 saw very low prices. Seems that a substantial decrease has occurred even since then.

This was a Seller that panicked, called my
office and reduced the unit from $7,000 to $2,300. I was not told and the assistant reduced the price on the advertising without my knowledge. We received an offer on the unit and the buyer was told that it would be very difficult to get that offer waived by Hilton. To save the buyer from waiting 21 to 30 days for an answer from Hilton I called and asked if the unit would be picked up and Hilton said they would handle it with the Seller. Yes we could have waited for the actual estoppel with the notification to exercise but I made
the decision to call Hilton. End of story. BTW The Assistant was fired
 
Buyback

Has anyone heard of Hilton exercising their ROFR before any contracts have been signed. Now I'm being told that Hilton is going to buy back the unit. They said this over the phone with Judi
We received an offer on the unit and the buyer was told that it would be very difficult to get that offer waived by Hilton. To save the buyer from waiting 21 to 30 days for an answer from Hilton I called and asked if the unit would be picked up and Hilton said they would handle it with the Seller. Yes we could have waited for the actual estoppel with the notification to exercise but I made
the decision to call Hilton. End of story. BTW The Assistant was fired
 
Contract

I would sign contract as is.. and if she says they exercised demand to see evidence of it..

Sent from my SAMSUNG-SM-N910A using Tapatalk
No contract needed to be done.
This was a Seller that panicked, called my
office and reduced the unit from $7,000 to $2,300. I was not told and the assistant reduced the price on the advertising without my knowledge. We received an offer on the unit and the buyer was told that it would be very difficult to get that offer waived by Hilton. To save the buyer from waiting 21 to 30 days for an answer from Hilton I called and asked if the unit would be picked up and Hilton said they would handle it with the Seller. Yes we could have waited for the actual estoppel with the notification to exercise but I made
the decision to call Hilton. End of story. BTW The Assistant was fired
 
ROFR

Might be more to this. My understanding of the process is that you enter into contract and that contract is submitted to HGVC for them to decide if they want to assume your contract. If you didn't enter contract what could have been presented to HGVC?

Hilton has the right to purchase property as well as exercise their right of first refusal. What was presented to Hilton was the fact that this unit was going under contract and we were trying to avoid having the buyer wait 21-30 days to find out if the ROFR was going to happen. End of story.
 
ROFR

This sounds reasonable to me, they get an annual budget for rofr and are more likely to use it early in the year versus late. I had two pass rofr easily in December.

The best time to buy or sell HGVC is Oct-Dec.


Sent from my iPad Mini 4 using Tapatalk

This is the best statement I have seen in this thread
 
No bullshiza

I call bull shiza. ..

If buyer accepted an offer from you, then hilton can not take the contract legally until they exercise rofr.



Sent from my SAMSUNG-SM-N910A using Tapatalk

Hilton can do anything they want within the law. They can purchase units, they can rent units, they can exercise their first right of refusal. In this situation we just saved the Buyer some time in finding out what they were going to do.
 
ROFR

It's disappointing but it doesn't sound right to me. So why was it offered to you at all? If price is so low, why wouldn't the RE agent, just call up Hilton and say I've got a seller who is willing to sell for 'n' dollars, do you want to contract back for it? Does HGVC need a potential buyer, just as a formality for ROFR?

Hilton can purchase units. They do not need a potential buyer. All Developers do this.

This was a Seller that panicked, called my
office and reduced the unit from $7,000 to $2,300. I was not told and the assistant reduced the price on the advertising without my knowledge. We received an offer on the unit and the buyer was told that it would be very difficult to get that offer waived by Hilton. To save the buyer from waiting 21 to 30 days for an answer from Hilton I called and asked if the unit would be picked up and Hilton said they would handle it with the Seller. Yes we could have waited for the actual estoppel with the notification to exercise but I made
the decision to call Hilton. End of story. BTW The Assistant was fired
 
Leary of Seller

I saw the same listing but was leery of the seller despite their 100% positive feedback. New-ish Ebay member and private transactions.

Did some online sleuthing and am wondering whether premiervacationmarketing is aka bcsrentals (aka redweek4less?) - very sketchy website, Sevierville, TN address, and only accepts AmEx for credit card payments.

BCSRentals discussed here and here.

I really hope I'm wrong and that you really got a good deal. Would be interested to know how the transaction goes.

Good luck!

There is no need to be leary of this Seller.
I do not work in the gray area of timeshare. I am a Realtor. I have never had an ethics violation in my 48 years in real estate. I am not planning to have one now. My listings are from real Sellers. They are not from discount brokers who have already collected fees from the sellers. They are not from the advertising companies who have already collected large fees from the Sellers. I have a very good relationship with Hilton and plan to keep it that way. If you ever have a question as to how I work please do not hesitate to contact me. I have been with RE/MAX for 30 years and do not plan to be moving anywhere. I can be contacted at 407-921-0000 or judi@judikoz.com
 
violation

One is them taking it as part of legal rofr process, the other is the agent taking an offer calling up hilton and using that offer to get hilton to match the offer (without the seller having accepted since there was no signed contract ) and not instead asking hilton for their own offer. .. it might seem like a formality to you, but I view it is a procedural requirement and a potential ethical violation.

Sent from my SAMSUNG-SM-N910A using Tapatalk

There is no procedural requirement and absolutely no ethical violation.
I do not work in the gray area of timeshare. I am a Realtor. I have never had an ethics violation in my 48 years in real estate. I am not planning to have one now. My listings are from real Sellers. They are not from discount brokers who have already collected fees from the sellers. They are not from the advertising companies who have already collected large fees from the Sellers. I have a very good relationship with Hilton and plan to keep it that way. If you ever have a question as to how I work please do not hesitate to contact me. I have been with RE/MAX for 30 years and do not plan to be moving anywhere. I can be contacted at 407-921-0000 or judi@judikoz.com
 
Offers

I was going to make an offer on a few of Judi's postings on her website, not her eBay listings, and she wouldn't even take my offers as she said it was "below the ROFR thresh hold of HGVC." It was a ridiculous comment and I did business with a much easier company who wanted my business. It's almost as though the ROFR card is thrown in there as a negotiating tool to get a higher offer if someone doesn't know better. There's so many better offers out there than hers.


Sent from my iPad using Tapatalk

Joey,

A lot of Brokers will take your offers and try to have the unit exercised on. They will then sell you another unit. I call it double dipping. You end up buying an affiliate resort which does not have the ROFR. I am sorry that I did not earn your business.
 
No contract needed to be done.
This was a Seller that panicked, called my
office and reduced the unit from $7,000 to $2,300. I was not told and the assistant reduced the price on the advertising without my knowledge. We received an offer on the unit and the buyer was told that it would be very difficult to get that offer waived by Hilton. To save the buyer from waiting 21 to 30 days for an answer from Hilton I called and asked if the unit would be picked up and Hilton said they would handle it with the Seller. Yes we could have waited for the actual estoppel with the notification to exercise but I made
the decision to call Hilton. End of story. BTW The Assistant was fired
I misunderstood the circumstances then. Still.. Hilton agreeing to take a unit outside of rofr seems odd. Are you stating that hilton will buy back units from owners direct (which is what this would be).

Sent from my SAMSUNG-SM-N910A using Tapatalk
 
Hilton can do anything they want within the law. They can purchase units, they can rent units, they can exercise their first right of refusal. In this situation we just saved the Buyer some time in finding out what they were going to do.
Correct, but the out provisions of the contract would apply. . Otherwise someone would be in violation if both parties signed..

Again, the actual circumstances seem different than the ones I originally thought applied.

Sent from my SAMSUNG-SM-N910A using Tapatalk
 
There is no procedural requirement and absolutely no ethical violation.
I do not work in the gray area of timeshare. I am a Realtor. I have never had an ethics violation in my 48 years in real estate. I am not planning to have one now. My listings are from real Sellers. They are not from discount brokers who have already collected fees from the sellers. They are not from the advertising companies who have already collected large fees from the Sellers. I have a very good relationship with Hilton and plan to keep it that way. If you ever have a question as to how I work please do not hesitate to contact me. I have been with RE/MAX for 30 years and do not plan to be moving anywhere. I can be contacted at 407-921-0000 or judi@judikoz.com
I misunderstood the facts and stand corrected if both parties had not executed the contract.

Sent from my SAMSUNG-SM-N910A using Tapatalk
 
Hilton is very aggressively exercising on their units. Just an FYI

Thanks for the update... obviously the situation is dynamic and HGVC or any developer and start and stop exercising ROFR at any time...
 
is she endorsing?

There is no need to be leary of this Seller.
I do not work in the gray area of timeshare. I am a Realtor. I have never had an ethics violation in my 48 years in real estate. I am not planning to have one now. My listings are from real Sellers. They are not from discount brokers who have already collected fees from the sellers. They are not from the advertising companies who have already collected large fees from the Sellers. I have a very good relationship with Hilton and plan to keep it that way. If you ever have a question as to how I work please do not hesitate to contact me. I have been with RE/MAX for 30 years and do not plan to be moving anywhere. I can be contacted at 407-921-0000 or judi@judikoz.com

Is she endorsing bcsrentals? I hope not
 
Is she endorsing bcsrentals? I hope not

I assume she meant unlike other sellers (bcsrentals/premierevacationmarketing), there's no need to be leery of her (Judi).

That, or she didn't read the whole post and mistakenly thought the post alluded to her.
 
Last edited:
Top