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[ 2008 ] SVO eBay Sales

twz said:
Sorry -- saw some Sheraton's on this thread and lost my head ;)
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It's absolutely fine to post any and all Starwood ebay sales data here. David just tracks Westin, but a lot of people are interested in Sheraton as well.
 
These prices are ridiculous! Has something happened to WMH that I'm not yet aware of? Special assessment coming soon? This is a bargain!
 
I think the economy has happened to timesharing and real estate in general. :eek:

Washington Mutual just announced that they are closing every single one of their home loan offices across the country. This from the largest and most powerful home loan lender in the US. Not good. :(

K
 
Tell me about it - if I waited 2 months more I could have saved over a grand on a resale purchase via eBay - oh well... WSJ and STJ in less than 2 months and then WKORV... and we bought our plane tix well in advance. Always a silver lining...
 
Interesting - IMO the 67.1K SO units do not have as much value as the 81K SO units (because of SVN exchange flexibility) - I hope you negotiated a great price.
 
DavidnRobin said:
Interesting - IMO the 67.1K SO units do not have as much value as the 81K SO units (because of SVN exchange flexibility) - I hope you negotiated a great price.
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We got a price both us and the seller agreed upon :). The DH is using kind of an average price per option method, so he knew what he was willing to pay based on that. We'll use the options to go visit there once in a while but more often to combine with our other options to get into larger places 8 months out. Requals will also be part of the process, or perhaps an upgrade if SVO gets random WKV inventory.
 
I understand - but resale SOs cannot be combined - unless retro'd.

Also FWIW - I would argue that a $/SO is not equilvalent between 81K SOs and 67.1K SOs. 81K (and 148.1K SOs) have more $/SO value because of the flexibility of exchanging within SVN - and more value if/when you sell the VOI. Bottom-line - not all SOs are equal.

For example - If 81K SOs at WKV is worth $8,100 - that doesn't mean 67.1K SOs at WKV are worth $6,710. They are worth less than this.

I was almost in contract at WKV for 67.1K SOs when I luckily found this out from another Tugger - thought I would pass along. Take from it whatever you want - just trying to help out.

Best.
 
DavidnRobin said:
I understand - but resale SOs cannot be combined - unless retro'd.
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I meant retro instead of requal. But perhaps both, depending on what else we can pick up.

DavidnRobin said:
Also FWIW - I would argue that a $/SO is not equilvalent between 81K SOs and 67.1K SOs. 81K (and 148.1K SOs) have more $/SO value because of the flexibility of exchanging within SVN - and more value if/when you sell the VOI. Bottom-line - not all SOs are equal.

For example - If 81K SOs at WKV is worth $8,100 - that doesn't mean 67.1K SOs at WKV are worth $6,710. They are worth less than this.
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Good point. I'll bring that up with the DH, as it might factor into future purchases.
 
clsmit said:
We got a price both us and the seller agreed upon :). The DH is using kind of an average price per option method, so he knew what he was willing to pay based on that. We'll use the options to go visit there once in a while but more often to combine with our other options to get into larger places 8 months out. Requals will also be part of the process, or perhaps an upgrade if SVO gets random WKV inventory.
Click to expand...

This is a good plan but check what the original purchase price was on the 67,000 SO unit. You need a $10,000 difference. They currently have some inventory in gold time (2BR LO I think for about $27,000) so the 1BR you bought has to be less than $17,000 purchase price to make the upgrade possible. They no longer have 2BR platinums (sold for about $38,000) so I would not count on being able to purchase that. They are much more likely to get a Gold week back from owners than a Platinum so be careful that the price spread is there!

Katherine
 
DavidnRobin said:
I would argue that a $/SO is not equilvalent between 81K SOs and 67.1K SOs. 81K (and 148.1K SOs) have more $/SO value because of the flexibility of exchanging within SVN - and more value if/when you sell the VOI. Bottom-line - not all SOs are equal.
Click to expand...

Absolutely correct. 81 & 148.1 are worth more $$/SO than 67k.

I was also watching this auction, as 1Bd Premium Plat WKR are rare. It's a shame the seller didn't know what they had when it was originally posted (a common eBay trait...).
 
It appears that this thread should be called SVO-Westin eBay sales... since I am sure there are lots of Sheraton SVO VOIs being sold on eBay.
 
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