ROFR Exercised/Passed

[GT75]

2019 HGVC Fees for purchasing a TS:

• Estoppel Fee - $64
• HGVC yearly club fee (independant on number weeks owned) - $176
• Transfer Fee (aka Change Fee) - $409
• Enrollment/Activation Fees - $377 (purchased through HRC or its Affiliates) or $609 (purchased 3-party)
• Activation Fee Voluntary (1 Interval) - $399

Note: Activation = enrollment. Those terms are interchangeable.
The activation fee is depending on where acquired...
Affiliates set their own "change" fee, which at some may be -0-.

 

[GT75]

Thanks to two TUG members (@dioxide45 and @JPrisco) HGVC has been added to the www.rofr.net database. Please report all activity both failed and passed for any Hilton TS which you either purchased or sold. We should be able to then predict when Hilton with exercise ROFR once we get enough data in the database.

 

[Japan Spartan]

I just received notice that ROFR was exercised on my first attempted purchase. Is there a thread or database to share the details for others reference? I'm new here and didn't see any place for it in the HGVC section.

If anyone's curious, it was a 2BR Platinum at Sea World for $7k (7000 points). I was purchasing it through Seth Nock's site. Per them, the MFs were around $990 last year, which I know is lower than what was listed in the MFs sticky thread.

 

[PigsDad]

If anyone's curious, it was a 2BR Platinum at Sea World for $7k (7000 points). I was purchasing it through Seth Nock's site. Per them, the MFs were around $990 last year, which I know is lower than what was listed in the MFs sticky thread.

Thanks for posting this. A far as the MF amount goes, sometimes advertisers do not include other line items like taxes, reserve fund, etc., which can account for the difference you are seeing.

Kurt

 

[Talent312]

Thanks for reporting this. 2BR plats are high-demand size, but it's useful to know HGVC thinks so, too.

The issue with creating a sticky to track ROFR's is that its use can change significantly in a short period of time. It seems to depend on what it has in stock, it's inventory needs and the time of year. IOW, what they may take back today, they might let go next month.

 

[rahulgopi]

I was getting low ball offers for a Vegas Platinum 2 Br 7000 pts with ~$900 MF listed here at tugs. Good to know HGVC values platinum week over $1 per point

 

[Japan Spartan]

Thanks for reporting this. 2BR plats are high-demand size, but it's useful to know HGVC thinks so, too.

The issue with creating a sticky to track ROFR's is that its use can change significantly in a short period of time. It seems to depend on what it has in stock, it's inventory needs and the time of year. IOW, what they may take back today, they might let go next month.

Ah that makes sense. It does seem a little random, or at least hard to track. I have seen some deals that seemed a lot better than this one by going back a couple months on this board.

Anyway, I am glad the information is helpful. Hopefully the next attempt is more successful.

 

[Japan Spartan]

Thanks for posting this. A far as the MF amount goes, sometimes advertisers do not include other line items like taxes, reserve fund, etc., which can account for the difference you are seeing.

Kurt

Thanks for the information. I was curious about this. I have seen reference to Phase 1/2/3 rooms at Seaworld, and I didn't know if that affected the MFs. Are they very consistent between rooms and resorts then?

Looking back at my emails, I did ask the sales guy what the maintenance fees and taxes were in 2017 (it wasn't listed on the site yet, he offered it when the initial property I asked about was no longer available). His reply was: "The maintenance fees are around $990." So it could be he only gave me the maintenance fee portion of the annual fees, and not taxes, etc. as you said.

I was OK with either to rate here or the one he gave me, so I went ahead with it.

 

[K2Quick]

I was getting low ball offers for a Vegas Platinum 2 Br 7000 pts with ~$900 MF listed here at tugs. Good to know HGVC values platinum week over $1 per point

Unless you're looking to buy of course . . .

 

[Talent312]

I have seen reference to Phase 1/2/3 rooms at Seaworld, and I didn't know if that affected the MFs. Are they very consistent between rooms and resorts then?

MF's at all HGVC resorts are assessed by unit-size (or classification), not by Season.
Between resorts, they vary greatly. Among resorts, 1BR's will have different MF's.
Seaword's phases technically have different HOA's & MF's differ slightly, but not much.

.

 

[Sky313]

Anyone know how much HGVC has in ROFR budget or when during the year it is easier for contracts to get through ROFR ?

 

[1Kflyerguy]

Anyone know how much HGVC has in ROFR budget or when during the year it is easier for contracts to get through ROFR ?

I don't know what their budget is, but historically i has been easier later in the year. However that was before they were an independent company. In my opinion they might behave differently now that they are independent.

 

[seagila]

I think it would be helpful to have an ongoing thread on ROFR activity by HGVC. Gives us some historical data and trends.

Any chance a mod could make a sticky of this similar to the Marriott and Vistana fora?

 

[alwysonvac]

Send a PM to the moderator to setup a ROFR sticky thread

 

[Makai Guy]

Have made this a sticky thread, bu with the variable nature of ROFR I'm not sure how valuable it will be.

 

[Cyberc]

Maybe we should note both those sales that passes rofr and those who doesn't??

 

[dioxide45]

I am working on incorporating HGVC in to the www.ROFR.net website. Between busy life, my limited understanding of HGVC, and the large number of resorts, it is a long process of compiling all of the different unit types. I will get there, it will just take some time.

 

[tk25]

I just had Hilton Grand Vacations Club exercise ROFR on my purchase offer of $12,800 for 2BRP 12,600 points at King's Land

 

[ccwu]

I just heard that Hilton waived the ROFR for my 6200 points of HGVC Hawaii Village Lagoon tower one bedroom plus for $4200 from eBay today. I had a purchase of HGVC at strip, 7000 points for $5205 from eBay last year. passed too. I am a elite premier member and I don't know if that makes any difference.

 

[Elle]

I'm sorry, but ads are not permitted in the TUG public forums. Please review the TUG Rules.

 

[Elle]

I am working on incorporating HGVC in to the www.ROFR.net website. Between busy life, my limited understanding of HGVC, and the large number of resorts, it is a long process of compiling all of the different unit types. I will get there, it will just take some time.

Thanks for all your efforts.

 

[thegortons]

Just posted 4 sale 7k points at HGVC {edited to remove resort} for {edited to remove price}

[edit by moderator to remove ad from posting since against posting rules as noted. This can be listed in TUG Marketplace.]

FYI - There is a no advertising rule on the forums, so don't be surprised if your posting gets edited to remove the above information which makes your posting look like an ad.

Also, while I would consider $7000 a reasonable listing price for that ownership, just know that the TUG Marketplace already has one listed cheaper than that, so you may need to be willing to negotiate on price. Good luck!

 

[SmithOp]

I just had Hilton Grand Vacations Club exercise ROFR on my purchase offer of $12,800 for 2BRP 12,600 points at King's Land

I had a 14,400 point 2BRPrem at KL pass rofr at $12,999 in Dec 2015 so timing is everything.


Sent from my iPad using Tapatalk

 

[DazedandConfused]

I had a 14,400 point 2BRPrem at KL pass rofr at $12,999 in Dec 2015 so timing is everything.

Wow....that is a great buy and you were lucky to pass ROFR

 

[1Kflyerguy]

I had a 14,400 point 2BRPrem at KL pass rofr at $12,999 in Dec 2015 so timing is everything.

Sent from my iPad using Tapatalk

Timing is definitely important, HGVC exercised ROFR last month on a similar 14,400 KL contract that i was trying to buy for $13,500.