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Please post Starwood ROFR transactions here (ONLY)

Westin exercised ROFR for WKORV/N OV Annual for $9,800.
It was a family member that is looking to buy. The search continues!
 
Hi All -
This is the ROFR thread.

however - bad deal.
you can get an annual OF resale for less than $33K and non-OF for a lot less.

Hi @DeniseM - HNY - perhaps we can have an “Is this a Bad Deal?” thread?
Where the auto-response is:
Yes! Rescind!
;)


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Per Dave's suggestion, I moved the off-topic posts to a new thread - please only post Right of First Refusal topics in this thread.

*ROFR is when you buy resale, and the sale has to be presented to Vistana first, in case they want to buy it.
 
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I just heard that I passed ROFR on a WKORV OEYE for a 1 bedroom ocean view for 4000.00! I really didn't think it would pass.
 
boisebruin said:
Yes, so glad I found TUG! Syed was our broker.
Click to expand...
Wow! I would be so tempted at that price point. I should have seen this earlier because I talked to someone who went to a Marriott presentation and was completely lied to by the salesperson. (Fees of $1,300 for an annual 2 bed, yeah, I don't think so.)
 
Congratulations!!! That is a great deal. Did you find out this listing on redweek?
 
Moparman42 said:
I just heard that I passed ROFR on a WKORV OEYE for a 1 bedroom ocean view for 4000.00! I really didn't think it would pass.
Click to expand...


I went through Syed. He was surprised it passed as well. looks like it's time to get in before Mariott takes over.
 
I am just so jealous. I would only want oceanfront at Westin. The mandatory options would be so important to me. I would love to use the system in that way.
 
rickandcindy23 said:
I am just so jealous. I would only want oceanfront at Westin. The mandatory options would be so important to me. I would love to use the system in that way.
Click to expand...

When you own oceanfront at WKORV/N, you don't really care about its mandatory status or its StarOptions. The most cost/effective usage is to use the unit, not to exchange it (with its high MF's) via StarOptions or Interval. But I know you know that.
 
vacationtime1 said:
When you own oceanfront at WKORV/N, you don't really care about its mandatory status or its StarOptions. The most cost/effective usage is to use the unit, not to exchange it (with its high MF's) via StarOptions or Interval. But I know you know that.
Click to expand...

Or rent out...

I rent our WKORV OFD studio side (helps recoup some of the ginormous MFs), and use the 1Bd side.
Works great.




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DavidnRobin said:
Or rent out...

I rent our WKORV OFD studio side (helps recoup some of the ginormous MFs), and use the 1Bd side.
Works great.




Sent from my iPhone using Tapatalk
Click to expand...
So wise! I do know about the Mandatory Options being expensive with the Maui resorts, BUT, I do know for reselling someday, that would be much more valuable. So you could maybe make some money by buying now, using for the years you want, and maybe resell for more than you paid. It's a good plan. But it's not going to be mine, I don't think. I just love Westin North. I love the amenities. I love the everything about it.
 
rickandcindy23 said:
So wise! I do know about the Mandatory Options being expensive with the Maui resorts, BUT, I do know for reselling someday, that would be much more valuable. So you could maybe make some money by buying now, using for the years you want, and maybe resell for more than you paid. It's a good plan. But it's not going to be mine, I don't think. I just love Westin North. I love the amenities. I love the everything about it.
Click to expand...

Resell for more than you paid? I want what you’re drinking...


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Ken555 said:
Resell for more than you paid? I want what you’re drinking...
Click to expand...

He did say “maybe.” If you buy resale to begin with, I’d agree that “maybe” it’s possible. Depending on the demand for the place when you sell.
 
okwiater said:
He did say “maybe.” If you buy resale to begin with, I’d agree that “maybe” it’s possible. Depending on the demand for the place when you sell.
Click to expand...

I saw that, and my response is still valid. I think maybe I’ll win the lottery this weekend, too.


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